First Independent Mena Newspaper
The Democratic Republic of Congo (DRC), the world’s top cobalt producer, has extended its export ban on the metal for an additional three months, intensifying its grip on a turbulent global market. The extension, announced Saturday (21 June) by the strategic minerals regulator ARECOMS, comes as prices remain depressed and cobalt stockpiles high. Originally imposed […]
The European Bank for Reconstruction and Development (EBRD) provides Morocco’s Office National de l’Electricité et de l’Eau potable (ONEE) €300 million loan to strengthen the financial & climate resilience of the utility company and support its digitalization projects. The Moroccan National Office of Electricity & Drinking Water is involved in generation, transmission and renewables. The […]
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 […]
Morocco expressed commitment to making the 2030 FIFA World Cup a global benchmark for environmental sustainability and social inclusion, head of the tournament’s organizing committee Fouzi Lekjaa said. The World Cup, to be co-hosted with Spain and Portugal, is being described as a “Green World Cup,” he told a conference at the Mohammed VI Polytechnic […]
Morocco has unveiled plans for its inaugural offshore wind farm, a 1,000-megawatt facility near Essaouira, marking the country’s entry into marine renewable energy development. The announcement was made last week in Nice during the Mediterranean Day of the United Nations Conference on the Oceans. The project represents one of the first investments funded by the […]
Egyptian fertilizer manufacturers were forced to suspend operations over the weekend after a major drop in natural gas imports from Israel, industry sources told Reuters. The disruption followed Israel’s military strikes on Iranian nuclear facilities, prompting the shutdown of key Israeli gas fields, including Leviathan and Karish. In response, Egypt’s Petroleum Ministry activated an emergency […]
Morocco’s industrial development strategy emphasizes diversifying productive sectors to strengthen the economy’s foundation, Industry and Commerce Minister Ryad Mezzour stated Wednesday during a national symposium on macroeconomic policies and investment dynamics in Rabat. The kingdom’s industrial portfolio spans agri-food, automotive, chemical and parachemical industries, aeronautics, textiles and leather, and pharmaceuticals. Mezzour highlighted two particularly promising […]
The International Atomic Energy Agency has awarded Morocco top-notch safety rating, confirming that all nuclear substances on its soil are used solely for peaceful purposes. The announcement was made Tuesday by Moroccan Agency for Nuclear, Radiological Safety & Security (AMSSNuR) in a press release. The acknowledgement by UN nuclear watchdog of Morocco’s compliance with global […]
Morocco’s Tanger Med port complex is implementing a comprehensive energy transition strategy aimed at achieving 100% green operations by 2030, responding to climate challenges and international maritime regulations while maintaining global competitiveness. The strategy positions the hub between Europe, Africa, and Asia at the forefront of sustainable port operations, reported Challenge Magazine in its latest […]
Africa’s energy investment landscape is undergoing a dramatic shift as China’s once-dominant role in fossil fuel infrastructure gives way to diversified, cleaner, and more commercially driven models. According to the International Energy Agency (IEA), Chinese development finance for African energy projects has plummeted by over 85% since 2015, contributing to an overall drop in public […]