EIB plans greater involvement in financing development projects in Morocco

The European Investment Bank (EIB) is seeking to deepen its involvement in financing key development initiatives in Morocco, aligned with the country’s economic and social priorities. The remarks were made by EIB Vice-President Ioannis Tsakiris on Thursday in Rabat during talks with Minister of Economy and Finance Nadia Fettah. The EIB official reiterated the Bank’s […]

South Korea makes successful Africa nuclear energy push amid worsening electricity crisis

South Africa’s government announced on Tuesday (12 December) plans to increase the country’s nuclear power production, with bids sought from the United States, Russia, France, China and South Korea, just as Korean nuclear energy companies are lining up to win business from different African countries in the face of stiff competition from its rivals. To […]

Managem Raises Its Stake in Tendrara Gas Concession to 75% in Low-Carbon Energy Push

Managem Group has announced the acquisition of 100 percent of the capital of Sound Energy Meridja Limited (SEML), a subsidiary of Sound Energy Plc holding a 20 percent interest in the Tendrara gas concession in Morocco’s Oriental region. The transaction brings Managem’s total participation in the Tendrara project to 75 percent — held through its […]