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Morocco, eighth largest recipient of investments in renewable energy- report
Morocco was ranked the eighth largest recipient of financial flows in renewable energy at 6.2 billion dollars between 2010 and 2021, a new renewable energy agency report said. Most of these financial flows went to solar, followed by wind, said the report, to which the international energy agency also contributed along with the World Bank. […]
TotalEnergies eyes production license for its offshore South Africa block
The French energy giant TotalEnergies has submitted an application to convert its exploration right offshore South Africa into a production right and the country’s authorities expect the company to submit a production plan within weeks to utilize a prolific offshore gas discovery that will form a key part of increasing investment in the sector. The […]
Maroc Telecom pays $630 mln in damages to Inwi
Telecom operator, Maroc Telecom, has paid 6.3 billion dirhams ($630 mln) in damages to its competitor Inwi after it was indicted by a court for anti-competitive practices. The fine represents 17% of the firm’s turnover and exceeds the 6.1 billion dirhams it made in profit last year. Fingers are pointing to Maroc Telecom’s CEO Abdesslam […]



