First Independent Mena Newspaper
Libya’s National Oil Corporation (NOC) has signed a Memorandum of Understanding with Turkey’s state-run energy company, TPAO, allowing for extensive geological and geophysical studies in four offshore zones within Libyan waters. The agreement includes a 2D seismic survey spanning 10,000 km, with full data analysis expected within nine months. The deal signifies deepening energy cooperation […]
Tesla’s Africa expansion through its new Morocco office opens doorways for its vehicles to sell in more than 50 countries that the North African country has free-trade agreements with, said the “China Global South” news outlet. The U.S. EV giant’s Africa expansion intensifies a battle for dominance in Africa’s emerging electric vehicle market, where Chinese […]
A team of experts from the International Atomic Energy Agency (IAEA) is expected to travel to Algeria to inspect civilian nuclear facilities and radioactive waste from the nuclear medicine amid alarming reports of secrete shipments of radioactive materials to Iran for “dirty bombs” making. The IAEA inspectors will focus on radioactive waste handling, disposal and […]
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 […]