Moroccan Ynna Holding partners with Emirati AMEA Power in wind power project in Laayoune

Moroccan Ynna Holding of Chaabi group has joined efforts with Emirati Amea Power Company for the building of 100 MW wind power farm in the Moroccan Saharan Laayoune-Sakia El Hamra region. This project is part of Morocco’s national goal of generating over 52% of its electricity from renewable sources by 2030. It will also help […]

Marsa Maroc Acquires 45 Percent Stake in Spanish Port Operator Boluda

Morocco’s leading port operator Marsa Maroc has acquired 45 percent capital and voting rights in Spain’s Boluda Corporacion Maritima (BMT) for €80 million, establishing strategic presence across the Strait of Gibraltar. BMT operates nine ports spanning the Iberian Peninsula and Canary Islands. This strategic partnership “opens pathways to synergies” between both groups, “pooling complementary expertise […]

Benin debunks rumors of closure of border with Togo

Benin has branded rubbish rumors of closure of its border with Togo, triggered by a queue of trucks lining up on the Beninese side, at the northern border town of Ouake. Wilfried Léandre Houngbédji, spokesman for President Patrice Talon’s Administration said Tuesday October 31 that the long queue of trailers is due to the installation […]