Antonio Guterres

Morocco: Australia’s Worley to launch FEED work on Tarfaya green ammonia project in Sept. 2024

Australian company Worley has announced that its Front-End Engineering Design (FEED) work on a green ammonia project in Morocco will be launched in the third quarter of 2024. In its annual report released Tuesday, Worley said the Tarfaya project, the world’s first Power-to-X green ammonia program, includes a transmission grid, hydrogen and ammonia plants and […]

Morocco’s King represented by head of Gvt at 2nd summit conference of Climate Commission for Sahel, at 36th AU Summit

King Mohammed VI is represented at the 2nd Conference of Heads of State and Government of the Climate Commission for the Sahel Region as well as at the 36th Summit of Heads of State and Government of the African Union by Head of Government Aziz Akhannouch. The Conference of the Climate Commission is held this […]

Morocco could tap into IMF credit line if oil prices soar

Morocco may activate its $4.5 billion IMF Flexible Credit Line (FCL) if global oil prices surge beyond $120 per barrel, Morocco’s central bank governor Abdellatif Jouahri said, highlighting that the country maintains powerful liquidity backstops and solid macro-economic fundamentals in the face of rising geopolitical uncertainty. Speaking at a press conference in Rabat following the […]