First Independent Mena Newspaper
Italy’s Enel Green Power (EGP) said it launched a green bond totalling $1.2 billion to fund its green projects, notably the 850MW wind energy projects in Morocco, local media said. The Italian energy giant said in a statement that the green bond would help fund renewable energy projects covering the development, construction and repowering of […]
Rome is fast-tracking plans and procedures to send migrants back to Africa after violent riots broke out between migrants sheltered at a migrant center and law enforcement officers following the death of one migrant woman. The woman from Cote d’Ivoire, aged 25, died last week in the migrant center in Cona near Venice. Other migrants […]
A Moroccan aged 30 has been nabbed for alleged terrorist plans in Italy after police found he has established contact with the Islamic State group (IS). “He expressed willingness to perpetrate terrorist attacks, but no evidence of eminent action has been discovered,” said Antonio De Jesu, a Police commissioner in Milan. The 30 years old […]
Italian President Sergio Mattarella Monday called on Prime Minister Matteo Renzi to re-consider his decision to step down following Sunday chaotic referendum results. Renzi leading the Democratic coalition Monday met with Italian President Mattarella to officially submit his resignation after suffering a serious defeat on Sunday as results of referendum for constitutional reforms turned against […]
Algeria which has suffered a sharp decrease in oil revenues is seeking desperately to fill in its coffers with an Italian supply deal. The country’s state-owned Sonatrach and Italy’s energy company, Eni, inked a deal to supply Italy with 10 billion cubic meters of natural gas annually. The gas will be channeled through the Transmed […]
In a move that matches climate finance with action, forty-two countries from different continents signed to the NDC Partnership, which was launched, on Tuesday November 15, at COP22 Moroccan Pavilion with the aim of enhancing cooperation among nations so that developing countries have more effective access to the technical knowledge and financial support necessary to […]
Moroccan bank BMCE Bank of Africa and its leasing subsidiary Maghrebail received a €35 million loan granted by the European Bank for Reconstruction and Development (EBRD), Agence Française de Développement (AFD) and the European Investment Bank (EIB). The three financial institutions are teaming up to strengthen sustainable energy measures in Morocco, with the support of […]
Libya’s UN-backed unity government Thursday rejected the European Union call for the creation of a migrant camp in Libya in a move to curb and control floods of migrants trying perilous trips to join countries of the 28-member block. Since 2011, following the fall of Libyan ruler Muammar Gaddafi, Libyan coasts have been departure points […]
Italy’s energy company Eni and Algeria’s state-owned hydrocarbons firm, Sonatrach, inked an agreement to build a solar plant to help the north African country reduce its dependency on gas. In addition to meeting local electricity demand, the plant would also free up more gas for the export market, local media said. The 10MW plant will […]
The Moroccan navy took part in the naval exercise, Sea Border 2016, in the Gulf of Taranto in Italy on September 5-9. On this occasion, Morocco sent patrol vessel OPV-70 dubbed, Bir Anzarane, which made an outstanding performance during the joint naval exercise that brought together naval forces from the north and south of the […]