Industry Dynamics

The North Africa-focused E&P company SDX Energy has announced the spud of its KSR-15 well on the Sebou area in Kenitra, Morocco, this last Friday. After the KSR-14 last September, the British gas exploration company announced the start of its operations on the KSR-15 well.

Developing the integration rate of the automotive sector is a priority for Morocco, said Elalamy in an interview with the weekly magazine Challenge, noting that this goal is a decisive step in the growth of the sector.

The African Development Bank President Dr Akinwumi Adesina has stressed the need for Africa’s vast savannah lands to be developed to achieve global food security.

The North Africa-focused E&P company SDX Energy has announced a new gas discovery at its KSR-14 development well on the Sebou permit in Kenitra.

Minister of Agriculture A. Akhannouch led a Moroccan delegation at the Ministerial Session of the Specialized Technical Committee (STC) of the African Union (AU) on Agriculture, Rural Development, Water and the Environment, for the first time since Morocco’s official return to th...

Morocco’s olive production for 2017-2018 season is expected to set a new record for the country, with an increase of 47.8 percent compared with the previous season, said a statement from the Ministry of Agriculture.

For the majority of CEOs interviewed by the HCP on the growth prospects in production and employment in the industrial and construction sectors, the Moroccan industrial hub is witnessing promising stability.

By the year 2030, Morocco will have invested $40 billion in projects aiming to develop the energy sector. The country’s ambitious strategy seeks to derive 50% of its energy needs from renewable sources by the same year.

The same source also reported an increase in the index of mining production which increased by 33 percent. This development is the result of an increase in the index of production of miscellaneous mining products and metallic minerals by 34.7 and 1 percent, respectively.