First Independent Mena Newspaper
Morocco’s energy transition minister, Leila Benali, outlined an ambitious plan to reform the country’s mining sector, pledging stronger worker protections, streamlined regulations and deeper integration of mining regions into the national economy. The mining industry accounts for nearly 10% of Morocco’s gross domestic product, 20% of export value and provides more than 40,000 direct jobs, […]
Morocco was recognized as the African nation with the most attractive mining sector in 2024 and the 18th globally, according to Fraser Institute. The Canadian think tank’s Annual Survey of Mining Companies, released in July 2025, evaluated 82 jurisdictions based on their geological potential and policy environment. Morocco scored 89.9 out of 100, placing it […]
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 […]