Emerging Markets Energy Headlines Morocco

Morocco’s Al Boraq among six high speed trains chosen by UN to celebrate world sustainable transport day

The United Nations Postal Administration (UNPA) issued stamps on 26 November to commemorate World Sustainable Transport Day featuring six high-speed trains, including Al Boraq operated by Morocco’s national railway company. “Al Boraq”, the first of its kind in Africa, links the industrial hubs of Tangier to Casablanca through Kénitra and Rabat. The train travels at […]

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Morocco prepares to launch first tenders for Atlantic gas pipeline

Morocco plans to launch in 2025 the first tenders for the initial phase of a major gas pipeline that will connect Nigeria to the Kingdom, state hydrocarbons and mines agency ONHYM said. The tenders will cover the Moroccan part of the pipeline, Asharq Bloomberg reported citing an official document. The first phase of the pipeline […]

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COP29: Africa outraged by ‘insufficient’ $300bn climate change deal

African and other developing nations have rejected as “insufficient” a $300 billion deal on climate finance that was agreed by negotiators at the United Nations’s COP29 climate talks in Baku, Azerbaijan, to help developing nations adapt to climate change. Richer nations agreed to pay at least $300 billion annually until 2035 to help developing countries […]

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Time has come for UK to recognize Morocco’s sovereignty over Sahara (British expert)

Time has come for the UK government to recognize Morocco’s full sovereignty over its entire Saharan territory following in the footsteps of key allies, including the United States, France, Germany and Israel. In an Op-Ed published in online platform “Comment Central”, Harry James Richer, a foreign policy analyst, said such recognition would positively contribute to […]

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Rush for lithium in Africa reveals dark side of green energy, as it fails citizens, fuels corruption

As China has come to dominate global supply chains for critical raw materials (CRM) over the last two decades, the European Union and the United States have played a catch-up in race for the control of the CRM supplies — with African countries being “caught in the cross-fire”. Faced with China’s lithium mining head-start, the […]

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EBRD to fund OCP’s desalination plan with 200 mln euros

The European Bank for Reconstruction and Development has approved a financing of 200 million euros to support the desalination program of Morocco’s phosphates group, OCP. The loan will finance the construction of two OCP seawater desalination facilities, at its key industrial complexes in El Jadida (Jorf Lasfar) and Safi, the bank said in a statement. […]

Business Emerging Markets Energy Headlines International Morocco

Morocco poised to become competitive EV battery export hub- UK report

Morocco’s booming EV battery industry positions the country to become an export hub to the EU and the US by 2030, said a report commissioned by the UK government under its Manufacturing Africa program. Morocco “could competitively produce and export LFP batteries to Europe by 2030 at USD 68-72/kWh. This could generate USD 10-15 billion […]

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Niger junta invites Russian firms to exploit its resources amid dispute with French nuclear group

Niger’s military junta has invited Russian firms to invest in the country’s uranium and other natural resource production after French nuclear group Orano halted uranium output there last month, part of an ongoing dispute between Niamey and its former colonial master, France. “We have already met with Russian companies that are interested in coming to […]

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Sudanese-Russian cooperation in oil and gas field to be reinforced

A Sudanese delegation, led by Minister of Energy and Oil, Mohi-Eddin Naeem Mohamed Saeed, is currently paying a several-day visit to Moscow to discuss with Russian officials key areas of cooperation such as oil exploration and production, pipeline infrastructure, and the operations of oil companies. This visit, started on Wednesday, is part of Sudan’s ongoing […]

Energy Headlines Libya

Libya: Tension in Zintan region after officer’s kidnapping

In Libya, oil infrastructure is once again being used as leverage to pressure the Tripoli Government. On Tuesday, residents of Zintan shut down the oil valves in protest over the kidnapping last Wednesday of Brigadier General Mustafa al-Whayshi, the director of the Central Security Department within the intelligence service. His kidnappers have not yet come […]