First Independent Mena Newspaper
The African Development Bank Group board of directors approved Wednesday a 450 million euro non-sovereign partial credit guarantee benefiting the Phosphates Office Group. This financing instrument, deployed in Morocco for the first time, aims to enable OCP Group to mobilize loans up to 530 million euros from international financial institutions aligned with its green financing […]
Morocco reached a new milestone in its hydrogen strategy with March 2025 announcement of six green hydrogen projects in southern regions totaling 319 billion dirhams. Guelmim, Laayoune, and Dakhla emerge as new centres for energy transition now playing out at territorial scale. Five selected consortiums, including Emirati Taqa, Spanish Cepsa, and German Nordex partnered with […]
OCP Green Energy recently commissioned the Oulad Farès photovoltaic plant in Khouribga, featuring 105 megawatt-peak capacity that makes it Morocco’s largest solar farm of this type currently operational. The facility powers the world’s largest phosphate mine while injecting green electricity into the national grid. The installation spans 168 hectares with thousands of solar panels converting […]
Morocco has launched bids for the construction of a 1,000 km ultra-high-voltage alternating current line to transmit about 2 GW between Boujdour and Tensift, with applications due Jan. 15, 2026. In a press release, Morocco’s National Office for Electricity & Potable Water (ONEE) says the power line will connect the regions of Boujdour and Tensift, […]
Morocco has secured its position as the second most attractive destination for foreign direct investment (FDI) in renewable energy across the Middle East and North Africa, according to two recent international reports. The Kingdom attracted over $38.1 billion in green energy investments between 2003 and 2024, confirming its growing role in the global energy transition, […]
Mauritania and France, on Tuesday, November 25, have formalized a preferential loan agreement worth €39.2 million to construct ten solar power plants equipped with storage systems, marking a strategic boost to the country’s clean energy ambitions. Signed in Nouakchott by Mauritanian Economy Minister Abdallahi Souleymane Cheikh Sidiya and France’s Minister Delegate for Foreign Trade Nicolas […]
Moroccan Investment ministry and U.S. GPM Holding have agreed on building a polysilicon production plant in the province of Tan-Tan, located in the Guelmim-Oued Noun region of southern Morocco. The agreement was signed by Karim Zidane, Minister Delegate for Investment and Philip Jenkins, CEO of GPM Holding Philip Jenkins. The $800 million project will help […]
Several leading US companies across the oil, gas, telecommunications, technology, and infrastructure sectors have signaled strong interest in participating in the Libya Energy Conference 2026. Their intent was conveyed during a high-level meeting in Washington Sunday, November 23 2025, between executives and a delegation from Libya’s Government of National Unity, coordinated by the US-Libya Business […]
Algeria has reportedly rejected proposals to reopen the Maghreb-Europe Gas Pipeline (GME), despite months of lobbying by several European countries seeking to restore flows toward Spain, the Washington-based energy outlet Attaqa said. According to Attaqa, later echoed by Spanish media, Algiers dismissed multiple attempts to “test the waters” on resuming exports through the GME, which […]
On Wednesday, November 19 2025, Egypt has signed a nuclear fuel purchase order and a broad cooperation agreement with Russia’s State-owned Rosatom for the country’s first nuclear power facility at El-Dabaa, the Egyptian Cabinet announced. The fuel order covers the first reactor core, signalling readiness for further project development, while the cooperation agreement includes joint […]