Bourita & Horst Köhle

Morocco Launches National Desalination Industry with Target to Double Local Content to 70% by 2030

Morocco has formalized a landmark framework agreement to build a nationally integrated seawater desalination industry, a move that combines the country’s water security imperative with an explicit industrial sovereignty objective. The accord, signed with the sector’s principal actors and reported by L’Économiste on Tuesday, sets an objective of raising the local integration rate in desalination […]

Egypt to increase green investment to 30 per cent in current budget

The Egyptian government is set to dedicate 30% of the new budget for green investments, as compared to 15% in FY 2021/2022, minister of Finance said. Mohamed Maait also indicated that Egypt is planning to raise green investments under the FY 2024/2025 budget to 50%, Arab Finance reports. Egypt has embarked on the development of […]

Natural disasters cost Morocco over $575 million every year – World Bank Report

Morocco is among the countries most exposed to geological and climate-related hazards in the Middle East and North Africa (MENA) region, says the World Bank in a recently-published report, noting that although Morocco does not contribute as much to climate change as more industrialized nations, it has still experienced the effects of the global climate […]