Business Energy Headlines Morocco

Morocco’s economy gains momentum as king highlights industry, tourism growth

Morocco’s King Mohammed VI highlighted on Throne Day the progress made by the country’s economy, citing strong growth, rising industrial exports and record tourism arrivals, while urging the financial sector to do more to support investment and small businesses. In a speech marking the 27th anniversary of his accession to the throne, the king said […]

Americas Energy Headlines Morocco

U.S. Supports $4.5 Bln Green Energy Project in Moroccan Sahara

The United States is supporting a major green hydrogen project in Moroccan Sahara with a $5.7 million grant to finance feasibility study to advance a $4.5 billion green ammonia production facility in Laayoune. The American grant has been awarded by U.S. Trade and Development Agency (USTDA) to ORNX—an international consortium comprising U.S.-based Ortus Climate Mitigation […]

Energy Headlines Morocco

Morocco sets new record for electricity consumption

Morocco’s electricity system registered a fresh historic high in July, with peak demand reaching 8,400 megawatts (MW), according to figures presented by the national electricity and drinking water utility ONEE at its ninth board session. The new peak surpasses the previous record of 7,990 MW set in 2025, marking an increase of 410 MW in […]

Africa Energy Finance Headlines Morocco

Morocco launches financing push for $26 Billion Africa-Atlantic gas pipeline

Morocco has opened talks with the US Export-Import Bank and the World Bank to help finance the Africa-Atlantic Gas Pipeline, a 6,800-kilometer project estimated to cost $26 billion, Bloomberg reported. The pipeline, which would run from Nigeria to Morocco, cleared a key political milestone on July 19 when ECOWAS heads of state formally backed the […]

Business Energy Headlines Morocco

Critical minerals help Morocco position itself in race for battery materials- IEA says

Morocco’s advantageous position on the global race for battery material builds on the country’s mineral wealth and integration of supply chains, the International energy Agency (IEA) said it in its Global Critical Minerals Outlook 2026. Morocco holds 70% of the world’s phosphate reserves but only about 15% of global mining supply, the report said. For […]

Columns Energy Headlines Morocco

King Mohammed VI’s Vision Powers Morocco’s Energy Milestones

Under the leadership of King Mohammed VI, Morocco has pursued one of the most ambitious energy transitions in Africa, transforming itself from a country heavily dependent on imported energy into a regional hub for renewable power, cross-border interconnections, and continental energy partnerships. Over the past two decades, the Sovereign has made energy security and sustainability […]

Energy Finance Headlines Morocco

AfDB Lends €100 Mln to Gotion Power Morocco for Africa’s 1st Lithium Ion Phosphate Battery Gigafactory

The African Development Bank Group has approved a €100 million loan to Gotion Power Morocco for the establishment of an integrated cathode-to-cell lithium iron phosphate (LFP) battery gigafactory in the Rabat-Salé-Kénitra Free Trade Zone. The Bank also plans to mobilize up to an additional €141 million from financial partners to support the implementation of this […]

Energy Europe Headlines Morocco

Morocco conditions inter-governmental deal for Sila Atlantik German Power-link

Morocco is moving forward on electricity interconnection projects with Spain, Portugal and France, while holding firm on terms in separate talks with Sila Atlantik which advocates a $30 billion subsea cable to export renewable energy to Germany. The Sila Atlantik project, a proposed 4,800-kilometer subsea cable that would carry up to 15 gigawatts of Moroccan […]

Energy

Sudan Receives New Power Barge to Tackle Severe Electricity Shortages

Sudan has received a new power generation barge at Port Sudan as authorities seek to increase electricity supply and reduce prolonged blackouts affecting several parts of the country. The Ministry of Energy and Petroleum announced this Wednesday, July 22, 2026, that the barge, owned by Nawawi Company, will begin operations after technical preparations are completed. […]

Energy Headlines Libya

Libya’s NOC calls for increased investment to expand natural gas sector

Libya’s National Oil Corporation (NOC) has renewed calls for greater investment in natural gas development projects to strengthen the country’s energy sector and secure reliable supplies for the domestic market. Speaking at the opening of the second edition of a technical workshop on the “Strategic Vision of the NOC for Natural Gas Development Projects in […]