Industry Dynamics

Morocco's largest private electricity producer, Taqa Maroc, has launched a renewable energy subsidiary to take care of its solar projects, Moroccan media said.

On April 17, 2022, the Programme for Granting Subsidies to Farmers held its 4th session of the steering committee under the leadership of the Minister of Agriculture and Rural Development , Gabriel Mbairobé.

Moroccan Minister of Energy Leila Benali shared the new data with MPs at the House of Councillors on May 2, stressing the country’s efforts to accelerate investments in gas infrastructure.

The cost of the traditional lunch table on the day of Eid, which is usually composed of tajines, pastillas, and grilled chicken, has surged even more as other food products also experience inflated prices.

The Egyptian Ministry of Finance allocated 45 billion EGP to purchase local wheat from farmers this year, with an increase of more than 19 billion EGP compared to the last year, said Minister Mohamed Maait in a statement on Friday.

In their Egypt Infrastructure report, Fitch Solutions predicted that the Egyptian construction industry will increase by 6.8% year on year, followed by average annual growth of 7.4% between 2024 and 2027.

Morocco's cereal imports reached over 8.8 million tonnes last year, new data from the National Ports Agency (ANP) has said.

Ghana National Gas Company Limited says the planned maintenance works on its Atuabo Gas Processing Plant have been completed.

Morocco is set to open 2,500 charging stations for electric vehicles by 2026, with the facilities mainly clustered in major cities like Tangier, Rabat, and Casablanca.