First Independent Mena Newspaper
Morocco’s renewable energy developer Gaia Energy and Israel’s hydrogen-focused startup H2Pro signed a memorandum of understanding to promote cooperation in the production of green hydrogen, Israeli media reported. The deal, signed on the sidelines of the ongoing UN Climate Conference (COP27) in Sharm El Sheikh, is part of a momentum of cooperation deals between authorities […]
Morocco and its European partners (France, Germany, Portugal and Spain) have sealed the “Sustainable Electricity Trade Roadmap” on the sidelines of the COP27 climate change summit taking place in Sharm El Sheikh, Egypt. The five countries recognize the benefits of regional electricity market integration. This ambitious plan had been disclosed during COP22 held in Marrakesh […]
Algeria’s energy minister Mohamed Argab, faithful to his regime’s policy of manipulating public opinion by telling half-truths, said his country’s hydrocarbons exports would increase 45% year-on-year to 50 billion dollars in 2022. The Algerian minister is comparing a year in which barrel prices rose to 123 dollars per barrel with 2021 in which the average […]
Authorities in the Democratic Republic of the Congo’s (DRC) launched in July bids for 30 oil and gas blocks, with thirteen of them crossing through protected areas and national parks, the auction has caused uproar among environmentalists. The results of the bidding have yet to be announced, but while many of the country’s politicians and […]
A consortium of Belgian companies revealed Monday on the sideline of the ongoing COP27 plans to set up a center for the production and storage of green hydrogen in Egypt, meant for export to Europe. The Belgian Alliance for Companies, made of DEME Group, Fluxys, and Antwerp Port met with Egyptian Prime Minister Mustafa Madbouli […]
Botswana, the world’s second-largest diamond producer, has won its bid to host the permanent secretariat of the Kimberley Process (KP), the grouping that certifies that diamonds are not used to fund rebel groups. The KP, a coalition of governments, the diamond industry and civil society representatives, said in a statement on Monday (7 November) it […]
King Mohammed VI has pointed out this Sunday that he considers the Nigeria-Morocco Gas Pipeline project as “a project for peace, for African economic integration and for co- development.” “This is a project for peace, for African economic integration and for co- development: a project for the present and for future generations,” said the Sovereign […]
Akwa Africa, a subsidiary of Moroccan Akwa group, is set to acquire Total Energies fuel distribution subsidiary in Mauritania, the competition council said. The council said it was informed about the sale without offering details on the transaction which Financial Afric said would amount to 185 million dollars. Akwa Africa was established to help the […]
Investing in climate action now will reap important benefits for Morocco, creating new jobs, revitalizing rural areas and positioning the kingdom as a green industrial hub while helping to reach its broader development goals, according to a new World Bank report released Thursday. The Morocco Country Climate and Development Report (CCDR), the first in a […]
Chariot Limited, the Africa focused transitional energy group, Mohammed VI Polytechnic University (UM6P) and Oort Energy, have agreed to collaborate on green hydrogen pilot projects in Morocco. This partnership will run initial proof of concept projects while assessing the viability of the implementation of large-scale green hydrogen and ammonia production. The polymer electrolyte membrane (‘PEM’) […]