First Independent Mena Newspaper
The Italian government has agreed to finance a feasibility study for building a pipeline destined to transport green hydrogen from Morocco to the European country. This ambitious project has been disclosed lately by Italian MP Debora Serracchiani of the Democratic Party. She described Morocco as a leader in renewable energy in the Mediterranean basin. The […]
A consortium led by the Saudi-listed water desalination company ACWA Power has signed a usufruct agreement to invest $1.5 billion in a 1.1 MW wind project in Egypt, a statement by the Egyptian cabinet announced Thursday. The agreement was signed between Egypt’s New and Renewable Energy Development and Utilization Authority and the consortium including the […]
Anglo-Australian mining giant Rio Tinto is poised to commence a “world’s biggest” $20 billion mining project in the Republic of Guinea this year, following a 27-year wait marked by several legal and political setbacks, scandals and several false dawns. The $20 billion iron ore, rail, and port development in a remote corner of West Africa […]
The Ivorian Government announced Wednesday December 27 the decision to send every month 50 million liters of fuel to Guinea, which is facing an acute shortage following the explosion this month of the country’s fuel terminal. “Côte d’Ivoire commits to deliver 50 million liters of fuel per month to Guinea”, the State-run television RTI said […]
French energy giant TotalEnergies has unveiled a $6 billion investment plan spread across several years in Nigeria, just as the West African country is looking to cut down on red tape hindering investment in its oil and gas sector. Through this announcement, TotalEnergies has reiterated its commitment to investing in Nigeria’s oil and energy sector, […]
South Africa’s government announced on Tuesday (12 December) plans to increase the country’s nuclear power production, with bids sought from the United States, Russia, France, China and South Korea, just as Korean nuclear energy companies are lining up to win business from different African countries in the face of stiff competition from its rivals. To […]
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 […]