First Independent Mena Newspaper
Morocco’s experience in adapting to climate change and its commitment to play a key role in energy transition at national, continental, and international levels were highlighted before the High-Level Segment for Heads of State and Government of the ongoing COP29 summit held in Baku. The kingdom’s experience was presented by Head of Government Aziz Akhannouch, […]
The Democratic Republic of Congo’s ambitious Grand Inga Dam project, potentially Africa’s largest hydropower initiative, has entered crucial funding discussions with international financial institutions. The proposed 80-billion-dollar development promises to generate 44,000 megawatts, potentially powering much of the African continent. The project envisions six additional hydropower stations complementing two existing facilities near western DRC’s waterfall […]
A Moroccan delegation, led by Head of government Aziz Akhannouch, is taking part in the 29th United Nations Framework Convention on Climate Change (COP29) in Azerbaijan. Upon arrival in Baku, the Moroccan delegation, which also includes Minister of Energy and Sustainable Development Leila Benali and Moroccan Ambassador to Azerbaijan Mohamed Adil Embarch, was welcomed by […]
Australian gold miner, Resolute Mining’s shares dropped as much as 32% on Monday (11 November) following the arrest of its CEO and two executives while in Mali to discuss “claims made against” the company with the country’s authorities. CEO Terence Holohan and his two colleagues “were in Bamako to discuss with mining and tax authorities […]
OPEC oil production increased from its lowest levels this year, on the back of a surge in Libyan oil output, Reuters reported. The Libyan oil production increased following the settlement of a crisis that left the central bank in uncharted territory. Libyan output has fully recovered after the country’s eastern-based government and Tripoli-based National Oil […]
The United States’ ambitions to de-risk its critical minerals from China’s supply chains may be complicated by Chinese control of cobalt and other resources from Africa, most notably the Democratic Republic of Congo (DRC), a new study finds. The study, recently released by the London-based minerals research and pricing firm Benchmark Mineral Intelligence, found that […]
Morocco’s port agency ANP has launched a tender for a study to transform the Atlantic Port of Tan Tan into a green hydrogen export hub. The port is part of a Moroccan green hydrogen offer that was unveiled last March, dedicating 300,000 hectares to green hydrogen projects. So far, the agency in charge of filtering […]
A gas pipeline that will connect Nigeria to Morocco has reached the land acquisition stage, the Nigerian National Petroleum Company Limited (NNCPL) said. Surveys are currently underway for Environmental and Social Impact Assessments of the project that will cost some 25 billion dollars and benefit 13 countries in West Africa. The update was given at […]
The International Monetary Fund (IMF) has projected that Libya will lead the Arab world in economic growth by 2025, anticipating an impressive growth rate of 13.7%. According to a recent report from the IMF, Libya’s economic growth is expected to escalate from a modest 2.4% in 2023 to this remarkable figure in 2025, positioning the […]
Gotion Power Morocco, a subsidiary of Chinese giant Gotion High Tech, signed a deal under which Saudi Arabia’s ACWA Power will build a 500MW wind plant, worth 800 million dollars. The plant will be equipped with 2000 MW battery storage system and will help power the EV battery plant that Gotion Power Morocco is building […]