Energy Headlines Morocco

Morocco, an emerging destination for green investment, OMFIF report says

Morocco is emerging as a promising destination for climate investment and green industries, according to a report by the Sustainable Policy Institute at the Official Monetary and Financial Institutions Forum (OMFIF), which highlights the country’s distinct model within the Middle East and North Africa (MENA) region. The report says Morocco’s approach differs from that of […]

Egypt Energy Headlines

Egypt to increase green investment to 30 per cent in current budget

The Egyptian government is set to dedicate 30% of the new budget for green investments, as compared to 15% in FY 2021/2022, minister of Finance said. Mohamed Maait also indicated that Egypt is planning to raise green investments under the FY 2024/2025 budget to 50%, Arab Finance reports. Egypt has embarked on the development of […]