info.afrindex.com
China-Africa Trade Information Service
The report, published by the Euro-Mediterranean Circle of Textiles, Clothing, and Fashion Leaders (CEDITH), indicates that Morocco is now the eighth provider in this sector, compared to the same period last year when it ranked in 7th place.
Ciment du Maroc, a Moroccan subsidiary of German cement manufacturer HeidelbergCement Group, reported a 5% increase in quarterly turnover at the end of the second quarter of 2022.
This improvement is mostly due to a 31.6% rise in the production at the National Office of Electricity and Drinking Water (ONEE), and that of renewable energies offset by decreased private sector output, the DEPF detailed.
Morocco has invested $5.2 billion in solar projects so far, with the Noor Ouarzazate complex serving as an example of the country’s potential regarding renewable energy.
Construction began on Tuesday for the GPM1 solar power plant, the first photovoltaic solar power plant in the Tangier-Tetouan-Al Hoceima (TTA) region, with several regional officials attending the launching ceremony.
Minister of Energy Transition Leila Benali said at a parliament session on Monday that Morocco succeeded for the “first time in its history” to access the international liquefied natural gas.
The Middle East and North Africa (MENA) region is set to invest $879 billion in energy projects, a 9% increase from previous valuations of $805 billion.
Morocco leads the African continent in terms of clean energy power plants, along with Egypt and South Africa, according to TAQA Net, a platform specialized in energy markets.
The emergence of every civilization in history has followed a certain path of development. As an emerging state produces more food, fewer citizens are required for agricultural tasks, allowing for the emergence of a class of merchants, philosophers, and other non-food based profe...