Energy Headlines Morocco

COP-27: Morocco’s King leadership hailed by high-level meeting of three African Climate Commissions

The high-level meeting of the three African Climate Commissions has praised the leadership of King Mohammed VI and Morocco’s noteworthy support on the sidelines of the COP-27 climate change summit currently held in Sharm el Sheikh, Egypt. In a press release issued at the end of the high-level meeting, participants recognized Morocco’s role and contributions […]

Business Energy Headlines International Morocco

Bloomberg picks Marrakech for global economy forum, lauds King’s climate action leadership

International financial news agency Bloomberg said it picked Marrakech to host its first conference titled “Bloomberg New Economy Gateway Africa,” in June 2023, highlighting Morocco’s climate leadership in Africa under the leadership of King Mohammed VI. Michael R. Bloomberg made the announcement on the closing day of the Bloomberg New Economy Forum in Singapore. This […]

Africa Asia Energy International

Namibia restores Chinese firm’s lithium export permit despite ongoing corruption investigation

Chinese company’s lithium ore export permit has been restored by Namibia’s mining authority despite an ongoing investigation into alleged corruption. In October, Namibia banned Xinfeng Investments from exporting lithium ore, which is used in the manufacture of electric batteries and related products, until the investigation by the country’s Anti-Corruption Commission (ACC) was finished. But in […]

Energy Headlines Morocco

Morocco, world’s top country leading new global green energy league

The kingdom of Morocco is among leading countries around the world with potential investment targets in relation to the size of their economies, on the first ‘normalized’ version of the Renewable Energy Country Attractiveness Index (RECAI) from London-based EY. The normalized version, first of its kind of the RECAI hails the North African country’s ambitious […]

Energy Headlines Morocco

Morocco ranks 4th globally on Climate Change Performance Index

Morocco has ranked 4th globally on Climate Change Performance Index (CCPI) which looks at four categories namely GHG Emissions, Renewable Energy, Energy Use and Climate Policy, knowing that the first three overall spots remained empty because no country performed well enough in all index categories to achieve an overall very high rating. The index, established […]

Energy Headlines

Energy-deprived Africa has a right to use its natural gas reserves — AfDB chief Adesina

Warning the continent has 600-million people in energy poverty, the right of African countries to use their natural gas reserves should be reflected in any deal at the COP27 climate talks, African Development Bank (AfDB) President Akinwumi Adesina said, even as some nations push to see use of the fuel curtailed. Agreeing to a deal […]

Energy Headlines

Desert to Power initiative to light up the Sahel countries “showcased” at COP27

Launched in 2019 by the African Development Bank Group (AfDB) and its partners, the Desert to Power initiative to increase solar generation capacity to provide 250 million people with electricity access across Africa’s Sahel region for socio-economic development continues to attract financial support from around the world. The Desert to Power initiative is designed to […]

Energy Headlines Morocco

Morocco: New gas wells discovered in Gharb region

British SDX Energy Company announced on Monday the discovery of two gas wells in the Gharb region in Morocco, opening up new perspectives for the North African Kingdom to become a producing country. Further well drilling operations are planned in Morocco for 2023 to drive production and revenue growth, said the London-based oil & gas […]

Energy Headlines

Nigeria to build refinery with 100,000 liters per day capacity

Nigeria’s Gasoline Integrated International is planning to build a refining capacity of 100,000 liters per day and other petroleum products, for a total investment of 3 billion naira ($68 million), reports say. The project, according to Ogun State Governor Dapo Abiodun, is expected to produce 400,000 liters per day in the long run. The refinery […]

Energy Headlines Morocco

Nigeria-Morocco Gas Pipeline: Technical committee meets in Rabat

The technical committee of the Nigeria-Morocco gas pipeline project, composed of representatives of the oil companies of Senegal, Mauritania and Nigeria, ECOWAS and Morocco, held a meeting in Rabat November 7 to 11 to discuss the progress of this strategic project. The meeting took place just a day after King Mohammed VI highlighted the strategic […]