Business Emerging Markets Energy Headlines Morocco

Tanger Med 100% green: leading maritime sustainability

The Tanger Med port complex has achieved a significant environmental milestone by switching to 100% renewable energy as of January 1, 2025, as part of its ambitious plan to reach carbon neutrality by 2030. This initiative is backed by substantial investments of approximately 2 billion dirhams aimed at transforming the port’s energy infrastructure and reducing […]

Energy Headlines Libya

Libya: Modest increase in oil and condensate production

Libya’s crude oil production saw a slight rise on Monday March 31, reaching 1,388,781 barrels, up from 1,386,889 barrels recorded the previous day, according to the latest figures from the National Oil Corporation (NOC). Along with the increase in crude oil, condensate production also climbed, reaching 55,693 barrels, an improvement from 53,648 barrels on Sunday. […]

Africa Energy Headlines International

Solar revolution transforms rural Mali despite significant hurdles

In the remote village of Karan, Mali, solar power has sparked remarkable change. The installation of a mini-grid operated by WeLight has provided 3,000 residents with reliable electricity, transforming local commerce and daily life. Bakery owner Samba Diakité exemplifies this impact. Previously dependent on diesel generators costing $100 daily, he now saves more than half […]

Business Emerging Markets Energy Headlines Morocco

OCP’s Nutricorps to increase fertilizer production capacity by 9 million tons

OCP’s fertilizer maker subsidiary, Nutricorps, said it plans to increase production capacity by 9 million tons by 2028. To that end, Nutricorps will set up new mining and industrial sites in Mzinda in Youssoufia and Meskala in Essaouira, it said in a statement. These complexes, designed to run exclusively on renewable energies (solar and wind), […]

Emerging Markets Energy Europe Headlines International Morocco

Morocco, a dynamic player in renewable energy, SolarPower Europe says

Morocco has established itself as a key player in renewable energy, offering numerous investment opportunities in this sector, Brussels-based SolarPower Europe states in a report. The report, released Tuesday March 18, explores the numerous investment opportunities within Morocco’s solar sector, highlighting the country’s market dynamics, regulatory frameworks, as well as concrete recommendations to accelerate solar […]

Africa Energy Headlines International

Nigeria declares state of emergency in oil-rich Rivers State

President Bola Tinubu has declared a state of emergency in Nigeria’s oil-producing Rivers State, suspending the governor, deputy governor, and all state lawmakers amid escalating security concerns and political upheaval. The dramatic intervention follows reports of militant attacks on critical oil infrastructure in the strategically vital region. In a televised national address, Tinubu cited “disturbing […]

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TotalEnergies faces manslaughter investigation in France over 2021 Mozambique attack

French prosecutors have launched a judicial investigation into TotalEnergies, accusing the oil giant of involuntary manslaughter and failing to assist people in danger during a brutal jihadist attack in Mozambique’s Palma region in March 2021. The attack, carried out by Islamist militants linked to ISIS, left over 1,400 people dead or missing, including 55 subcontractors […]

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‘Congo is not for sale’: activists call for new review of China mining deal citing ‘major losses’

Civil society groups in the Democratic Republic of Congo (DRC) are calling for a fresh review of the country’s mining agreement with Chinese companies, citing substantial financial losses and continued imbalances despite a 2024 renegotiation. The “Congo Is Not For Sale” coalition (CNPAV) claims that the revised deal, originally signed in 2008 by the then-president […]

Africa Emerging Markets Energy Headlines International Morocco

Morocco-Nigeria gas pipeline, catalyst for regional cooperation- ECA official

The gas pipeline that will connect Nigeria to Morocco crossing 13 West African states will have a “huge” impact in terms of bolstering energy access and regional cooperation, executive secretary of the UN Economic Commission for Africa, Claver Gatete, said. Claver Gatete made the comment at the 57th session of the ECA and the Conference […]

Energy Headlines Libya

Libya resumes oil production at Mabruk Field after a ten-year halt

Libya’s Mabruk Oil Operations has officially resumed production at the Mabruk oilfield after a decade-long closure, according to a statement issued by the Tripoli-based Government of National Unity (GNU) on Wednesday March 12. The field, which had been shut down since 2015 due to security issues, has now begun producing at an initial rate of […]