Emerging Markets Energy Headlines Morocco

Morocco unveils national strategy to take global stage in green hydrogen industry

Morocco has spelled out its national strategy to become a global player in green hydrogen industry as of next year. The kingdom is poised to start the production and the export of green hydrogen by next year. To meet the target, authorities have identified a set of actions to be taken to achieve what they […]

Community Energy International

Seychelles leader assumes Presidency of SIDS-DOCK Support Program

Wavel Ramkalawan, the President of Seychelles has taken the leadership of the SIDS DOCK, an initiative among member countries of the Alliance of Small Island States (AOSIS) meant to help Small Island Developing States (SIDS) transform their energy sectors and address adaptation to climate change. Ramkalawan was elected by acclamation on Monday at the seventh […]

Asia Business Energy Headlines International Morocco

South Korean LG Chem teams up with China’sxHuayou Group to build 2 plants in Morocco

South Korean LG Chem announced Sunday that in partnership with China’s Huayou Group it will establish two factories in Morocco for the production of lithium-phosphate-iron (LFP) cathode materials and lithium conversion, essential components in the manufacturing of batteries for electric vehicles. LG Chem and Huayou Group signed a comprehensive memorandum of understanding (MOU) on September […]

Africa Emerging Markets Energy Headlines International

Namibia: how Africa’s newest petro-state can avoid resource curse

Last year’s discovery off the shores of Namibia of an estimated 11 billion barrels of crude holds the promise of untold riches for this nation of 2.7 million people, but capitalizing on the bounty while avoiding the ills that afflict resource-rich countries in Africa — a phenomenon known as ‘resource curse’ — may prove challenging. […]

Africa Energy Headlines International

Nigeria secures $13bn oil and gas investment

Nigeria has successfully attracted a total of $13 billion in investment commitments in its oil and gas sector from major international energy companies, according to Olu Verheijen, the special adviser on energy to the country’s President Bola Tinubu. Verheijen said that she has partnered with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and they have […]

Asia Business Emerging Markets Energy Headlines International Morocco

Morocco’s Al Mada, China’s CNGR to partner in $2 bln EV battery plant

Morocco’s private investment fund Al Mada and China’s CNGR Advanced Materials said they will partner to build an electric vehicle battery plant in Jorf Lasfar worth 2 billion dollars. The two parties announced in a joint statement that construction will start this year for the plant that is planned to be operational in 2025. Local […]

Energy Headlines Tunisia

Tunisia to probe nationwide power blackout

A court in Tunisia announced Wednesday September 20 investigations into the causes of a power blackout that plunged the entire country into darkness for several hours. Several regions of the North African country went dark for four hours on the night from Tuesday to Wednesday. The Interior Minister Kamal Feki headed to the main power […]

Emerging Markets Energy Europe Headlines International Morocco

World Power-to-X Summit: Morocco, Natural Partner to Build Strong Cooperation Ties of with EU (Diplomat)

Morocco becomes a natural partner to build strong friendship and cooperation ties with the European Union, EU ambassador to the Kingdom, Patricia Pilar Llombart Cussac, said Tuesday. “With its substantial energy resources, its proximity to Europe and its strong friendship and cooperation ties at all levels (…), Morocco becomes a natural partner to build such […]

Emerging Markets Energy Headlines International Morocco

World Power-to-X Summit: Green Hydrogen Agreements Signed in Marrakech

Several agreements in the field of green hydrogen were signed on Tuesday in Marrakech, on the sidelines of the ongoing third edition of the “World Power-to-X Summit” (PTX23). The agreements aim to promote innovation and consolidate training around green hydrogen in favor of sustainable development, and to put in place appropriate measures to ensure the […]

Africa Energy International

African leaders urged to safeguard continent’s vast untapped ‘green’ minerals

Africa, the world’s richest region for renewable energy, must tap into its vast untapped resources to drive sustainable development and industrialization — this was the main message coming from fruitful discussions on the Africa Green Minerals Strategy (AGMS) during the recent Africa Climate Summit 2023 in Kenya. At over 5500 exajoules per year, Africa boasts 44.8% of […]