First Independent Mena Newspaper
The Coalition for Climate Entrepreneurship (CCE) has opened a center in Marrakesh thanks to collaboration between the U.S. Department of State and the Near East Foundation with support from the Elsa & Peter Soderberg Charitable Foundation and Islamic Relief USA. The CCE Hub will provide climate-focused entrepreneurs access to the hardware, software, community, and resources […]
UK Critical Mineral Resources plc is expanding its operations in Morocco with the acquisition of four new exploration permits in the Rabat and Beni-Mellal regions, covering an area of approximately 80 km2. Three new permits comprise the Meseta Project, primarily prospective for copper. In a press release issued Wednesday, the Company said the Meseta project […]
Morocco, which is actively participating in the ongoing Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) in Dubai, got €50 million donation from European Union to promote clean energy and decarbonization in development sectors and signed a joint declaration with Portugal on electrical interconnection between the two countries. The […]
Morocco ranked second in Africa for renewable energy investments, totaling $9.36 billion from 2010 to 2021, according to findings collected by international research group Zero Carbon Analytics. South Africa leads the continent with $23 billion spent in the same period. In wind energy, Morocco ranks second in installed capacity at 22%, following South Africa, while […]
Morocco has once again championed climate action in favor of Africa, urging active solidarity with the countries of the continent as they seek to meet their own socio-economic and sustainable development goals. In an address to the UN climate summit COP28 in Dubai, King Mohammed VI reiterated Morocco’s pledge to help the African continent address […]
The Xlinks Morocco-UK power project is gaining momentum as French oil giant TotalEnergies has injected £20 million in the ambitious green project, joining fellow investors Octopus Energy and Abu Dhabi National Energy Company (TAQA). The French supermajor has decided to back the Morocco-UK project after withdrawing from Algeria due to endless hurdles to investors and […]
SDX Energy Company unveiled on Monday a new strategy focusing on its growing operations in Morocco becoming a strategic regional player in the energy transition. In its new roadmap, SDX said it has decided to divest its Egyptian assets and move away from a pure oil & gas business into an integrated, hybrid energy-provider in […]
Malian forces have taken Kidal the stronghold of Tuareg rebels marking the end of a deal brokered by Algiers in 2015 and the erosion of Algeria’s diplomacy in its Sahel neighborhood. More than a week after Bamako soldiers, backed by Russian Wagner mercenaries, took the strategic town, Algeria’s resounding silence reflects the country’s fading role […]
British multinational oil and gas company, British Petroleum (BP) has left the Senegalese Yakaar-Teranga natural gas field following a fallout with authorities over the utilization of the commodity, Sputnik reports. The move came after Senegal’s Minister of Oil and Energy Antoine Felix Diome told media that both sides are on opposite sides when it comes […]
Reminex SA, a subsidiary of Morocco’s largest mining company Managem, signed a partnership agreement with global engineering company China Electronics Corporation on a cobalt sulfate factory. “This strategic and know-how sharing partnership represents a major opportunity to build an industrial cluster and contribute to the Moroccan-Chinese alliance,” Reminex said in a statement. The new plant […]