First Independent Mena Newspaper
Morocco has taken a decisive step toward its energy future with the National Office of Electricity and Drinking Water launching, earlier this month, Africa’s first Smart Grid platform at the Center for Electrical Sciences and Technology. This initiative, financed by the African Development Bank with over four million dirhams, positions the kingdom as a continental […]
The European Union has announced a funding package of nearly €545 million (approximately $638 million) to support renewable energy initiatives across Africa, aimed at expanding electricity access, strengthening regional power grids, and advancing the continent’s transition to clean energy. European Commission President Ursula von der Leyen unveiled the commitment in a video message during the […]
Morocco’s Ministry of Energy Transition, led by Leila Benali, has initiated sweeping reforms to revitalize the mining sector as a strategic pillar of economic sovereignty and territorial development. The comprehensive overhaul includes legislative changes, digitalization initiatives, and targeted regional development programs designed to unlock the sector’s investment potential. A draft law amending Law No. 33.13 […]
Morocco has positioned itself as the driving force behind Africa’s energy transformation, combining strategic investments, institutional innovation, and regional partnerships to address the continent’s energy paradox, according to a new analysis by global energy expert Mehmet Öğütçü. Despite Africa possessing over 60 percent of global solar potential and vast critical mineral reserves, more than 590 […]
The European Bank for Reconstruction and Development (EBRD) on Tuesday reaffirmed its support for Morocco’s energy transition by providing a €13.6 million loan to PROCANEQ, a company set up in Morocco in 2016 to provide mining subcontracting services to OCP Group. The EBRD financing, meant to step up the sector’s green transition, will be used […]
The International Finance Corporation (IFC) will assist the Moroccan Ministry of Energy Transition & Sustainable Development accelerate Morocco’s energy transition plan through updating the national natural gas roadmap and structure a landmark public-private partnership (PPP). The two sides signed an agreement on this cooperation Monday in Rabat. The agreement focuses on developing sustainable gas infrastructure, […]
The experience of Morocco in the field of energy transition was highlighted at a meeting of the World Economic Forum held in New York, on the sidelines of the 77th session of the United Nations General Assembly. Taking the floor during the meeting, Junior Minister in charge of Investment, Mohcine Jazouli, made a presentation on […]
Morocco, a “pioneer” country in terms of renewable energies in the MENA region, is steadily heading towards energy transition as green energy accounted for 37 per cent of total energy in the kingdom last year, according to data published by the energy and potable water authority (ONEE). ONEE, in its 2021 report, also noted that […]
Morocco topped African and MENA region countries in the 2020 energy transition index published by the World Economic Forum. Morocco was ranked among the countries in the world that made a huge leap forward to promote energy transition thanks to “an increased level of political commitment and better access to capital and investment” in addition […]
The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve sustainable development goals and a pathway to climate safety, the International Renewable Energy Agency (IRENA) has urged. Renewable electricity should supply 57 per cent of global power by the end of the decade, up from […]