Africa Energy Headlines International

Sudan: AfDB approves $21.783 million grant for roll out of solar-powered irrigation

The African Development Bank’s Board of Directors has approved a grant to the government of Sudan to accelerate the adoption of solar-powered irrigation pumps in the country’s West Kordofan and North Kordofan states. The project will enable farmers to adopt renewable energy technology through the installation of 1,170 photovoltaic (PV) irrigation pumps, the establishment of […]

Energy Headlines International Maghreb Morocco

Ministry of Energy, OCP Group, UM6P to develop new inclusive approach to education & training

The Ministry of Energy, Mining and the Environment (MEME), the OCP Group, and the Mohammed VI Polytechnic University (UM6P) have sealed a new partnership agreement to strengthen their cooperation, particularly in the fields of education, training, research and sustainable development. The three sides also signed a Specific Agreement on the creation and development of the […]

Africa Energy Headlines International Morocco

Morocco, Djibouti to foster cooperation in energy, mining

Morocco and Djibouti signed Monday in Rabat a framework agreement aimed at strengthening bilateral cooperation in the fields of energy, mining and geology and at providing an interaction platform for stakeholders and investors in these sectors. The framework agreement is part of Morocco’s African strategy seeking to support the sustainable development of the continent, mainly […]

Energy Headlines Maghreb Morocco

Tendrara gas wells to cover 30% of Morocco’s needs- Minister

The recently found gas in Tendrara in eastern Morocco would cover up to 30% of Morocco’s gas needs, said Energy Minister Abdelaziz Rebbah. Currently 13 companies are exploring oil and gas in Morocco including in the Western region north of Rabat, he said. Morocco is a major energy importer in North Africa as it lacks […]

Africa Americas Energy Headlines International Maghreb Morocco

CNN zooms on Id Mjahdi, Africa’s first solar-powered village

On Morocco’s Atlantic coast lies Id Mjahdi a small village near the coastal city of Essaouira that secures all its energy needs from solar-energy, the first of its kind in the whole African continent, CNN said in a special report. The US channel highlighted on its website the far-sightedness of Morocco’s renewable energy strategy. This […]

Africa Energy Finance Headlines International Morocco

AfDB Supports Morocco’s Rural Electrification with €245 Loan

The African Development Bank (AfDB) approved on Wednesday a €245 million loan to the National Office of Electricity and Drinking Water (ONEE) to enable the Moroccan utility company expand its rural electrification projects. “Developing a reliable electricity network will enable the Kingdom to meet an energy demand recording a 5 pc annual growth” said Mohamed […]

Energy Europe Headlines International Morocco

Morocco, IEA sign joint work program for 2020-2021

Morocco and the International Energy Agency (IEA) vowed to deepen their cooperation in the areas of energy security, renewable energy, energy efficiency, capacity building and data and statistics, under an action program for the period 2020-2021. The joint work program, signed Friday in Paris, aims to meet the specific needs of the Kingdom for transitioning […]

Africa Energy Headlines International

Burkina Faso: AfDB allocates €48.82 million for a power plant

The African Development Bank (AfDB) has just allocated €48.82 million to Burkina Faso for the construction of a solar plant. The funding was allocated in the form of a loan to build a 52 MW power plant as part of the bank’s “Desert to Power 2020-2024” initiative. Upon completion, the plant will provide energy to […]

Egypt Energy Europe Headlines International

EBRD supports Egypt with €183m to help generate 1.3 GW of renewables

The European Bank for Reconstruction and Development (EBRD) will support the Egyptian Electricity Transmission Company (EETC) with $183 million to finance the modernization of the electricity grid by injecting renewable energy and strengthen the transmission network in the country. The EBRD funds will facilitate the integration of 1.3 GW of new renewable energy into the […]

Americas Business Energy Headlines International Morocco

US Chevron to make Morocco its lubricants export hub to Africa

US energy giant Chevron signed a deal with Morocco’s Akwa Group to make the Kingdom its lubricants manufacturing and exporting hub to Africa. An agreement was signed in that regard between Chevron and Akwa Group, bringing the share of Chevron from 25% to 50% of Akwa Group subsidiary Afriquia Lubrifiants. Under this deal, Chevron will […]