Asia Columns Emerging Markets Energy Headlines International Morocco

Morocco amplifies Africa’s voice at COP28

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 […]

Business Emerging Markets Energy Europe Headlines International Morocco

Xlinks: TotalEnergies Invests £20 Mln in Morocco-UK Power Project

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 […]

Energy Headlines Morocco

Renewable Energy: SDX Company Adopts New Strategy Focusing on Morocco

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 […]

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Bamako-Tuareg war marks erosion of Algeria’s role in Sahel

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 […]

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BP exits Senegalese gas field amid disputes with Government over priority

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 […]

Asia Business Emerging Markets Energy Headlines International Morocco

Morocco’s Managem teams up with China Electronics Corporation on Cobalt project

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 […]

Africa Emerging Markets Energy Headlines International

Cameroon kickstarts power interconnection project with Chad

Cameroonian authorities launched Tuesday November 21 Cameroon-Chad Interconnection Project, a bilateral high-voltage (HV) interconnection project between the two countries that involves 1.556 km of new transmission lines financed by the World Bank and the African Development Bank (AfDB) to the tune of $750 million. Gaston Eloundou Essomba, Cameroon’s minister of Energy launched the interconnection project […]

Africa Energy Headlines International

Africa’s lithium mining boom risks fueling corruption and failing citizens — Global Witness

The new rush for lithium — sometimes referred to as ‘white gold’ — in Africa risks fueling corruption and harming local communities and the environment, according to a latest study by UK-based nonprofit Global Witness that investigated three emerging lithium mines in Zimbabwe, Namibia and Democratic Republic of Congo (DRC). The study has found that […]

Africa Energy Headlines International

Africa’s critical mineral value chains need to be enhanced to realize their full potential — experts

While Africa’s critical mineral reserves and mineral industry are possibly the largest in the world, if African countries are to harness the full potential of these essential resources, local and sustainable value chains must be established, according to experts. Home to 30% of the world’s mineral reserves — found in abundance in South Africa, Zimbabwe, […]

Business Columns Emerging Markets Energy Europe Headlines International Morocco

Dakhla: Falcon Capital Dakhla inks construction of green hydrogen production plant with French HDF Energy

Moroccan utility system construction company ‘Falcon Capital Dakhla’ has signed a partnership deal with French HDF Energy to build a green hydrogen production plant for a total investment of $2 billion in the kingdom coastal region of Dakhla. Dubbed White Dunes, the project seeks to produce some of the most competitive green hydrogen in the […]