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Report signals renewable energy boom in MENA Region

The capacity of photovoltaic plants installed in the Middle East and North Africa (MENA) region has almost quadrupled in 2018 compared to the previous year. According to Ecofin news agency, 3.6 GW of photovoltaic contracts have been awarded last year against 1 GW in 2017. Some of the plants have been installed and others are […]

Moroccan central bank invests in World Bank green bond

Morocco’s central bank purchased 200 million euros of sustainable bonds from the World Bank as Morocco hosts the annual meetings of the IMF and the World Bank in Marrakech. The EUR 100 million 3-year and EUR 100 million 5-year Sustainable Development Bond transactions will support the financing of the World Bank’s sustainable development activities, the […]

Morocco, Japan expand four-decade fisheries partnership

Morocco’s Secretary of State for Maritime Fisheries, Zakia Driouich, met with Japanese Ambassador Nakata Masahiro in Rabat on Tuesday to discuss expanding their four-decade partnership in the fisheries sector amid evolving global maritime challenges. During the meeting, Driouich highlighted Japan’s position as “the sector’s first and most committed donor,” acknowledging the solid foundation of cooperation […]