First Independent Mena Newspaper
Africa’s trade is poised to hit a record $1.5 trillion in 2025, driven by accelerating regional integration and improved infrastructure, according to projections from the IMF and Afreximbank — yet economists warn of persistent structural hurdles. With trade growth expected to average 5.1% annually through 2026 and intra-African trade expanding at 6.6% per year, the […]
The African Single Electricity Market (AfSEM), an ambitious initiative to unify the continent’s electricity grids, is making substantial strides, according to African Union (AU) officials at a high-level technical meeting in Addis Ababa. AfSEM aims to create a seamless, affordable, and reliable continental electricity market, interconnecting all 55 AU member states. Kamugisha Kazaura, AU Commission’s […]
Morocco’s State Secretary for Foreign Trade, Omar Hejira, reaffirmed the kingdom’s commitment to sharing renewable energy and electrification expertise with African nations during a major energy conference in Dakar. Speaking at the opening of the African Confederation of Electricity, Renewable Energy and Energy Efficiency touring exhibition, Hejira emphasized Morocco’s resolve to implement effective and supportive […]
Morocco’s Investment Ministry conducted the sixth monitoring committee meeting for the Chbika green hydrogen project, marking significant progress in securing land rights for the ambitious renewable energy initiative with international partners TotalEnergies, Copenhagen Infrastructure Partners, and A.P. Moller Capital. Deputy Investment Minister Karim Zidane chaired Monday’s meeting, which brought together all relevant public stakeholders including […]
Morocco’s national electricity production increased by 6.5% during the first four months of 2025, accelerating from 3% growth recorded in the same period last year, according to the Financial Studies and Forecasts Directorate (DEPF). The improvement was primarily driven by strong performance in private electricity production, which increased 8.1%, and the National Electricity and Potable […]
Efforts by Sudan and South Sudan to revise transit and processing fees for South Sudan’s crude oil exports concluded inconclusively, with no formal agreement reached following high-level meetings in Port-Sudan. Though talks were described as constructive by Sudanese officials, technical sources revealed significant differences remained over logistical adjustments, particularly at the Bashayer oil terminal. South […]
Algeria’s recent oil and gas licensing tender, launched with high hopes to attract global investments, has drawn low interest with no US company bidding. This has pushed President Tebboune to take matters into his own hands reaching out to the two US oil giants: Chevron and Exxon Mobil. The two companies sent senior officials- not […]
British geoscience company Getech and energy transition firm Sound Energy have established a joint venture to explore Morocco’s untapped natural hydrogen and helium reserves, positioning the North African kingdom at the forefront of emerging clean energy technologies. The newly formed HyMaroc Limited will focus on discovering and developing underground deposits of these critical resources, following […]
Morocco has officially entered the global electric vehicle (EV) battery supply chain with the inauguration of COBCO’s lithium-ion battery material plant in Jorf Lasfar, south of Casablanca. The launch, held on June 25, marks a major milestone in the country’s industrial strategy to become a regional hub for clean mobility technologies. The COBCO plant, a […]
The UK government has declined to enter formal negotiations for a long-term green electricity purchase agreement with Xlinks, the company behind a proposed £20 billion subsea power cable linking Morocco to the UK. The decision, confirmed earlier this month, effectively rules out a 25-year Contract for Difference (CfD) that Xlinks had sought to secure financing […]