Investments & Projects

The project, developed in partnership with Dubai-based AMEA Power, was delivered in just 60 days, ahead of its scheduled commercial operation date. It set a new regional benchmark for large-scale energy storage deployment across North Africa.

The National Office of Electricity and Drinking Water (ONEE) launched a strategic water project on Wednesday to secure the drinking water supply for the Souss-Massa region.

The initiative also aims to decongest current lines and strengthen freight capacity to Casablanca port. It includes investments in maintenance and modernization of infrastructure in the Casablanca-Settat region.

Egypt signed on Wednesday a $1 billion agreement with China’s Sailun Group to establish a large-scale, world-class tire manufacturing facility in the Ain Sokhna Integrated Zone.

Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, witnessed on Sunday the signing of a principles agreement in New Alamein City to finance a $490 million project for the Egyptian Soda Ash Company.

Maritime transport from Morocco reduces shipping distance to Europe by 80% compared to exports from China and cuts logistics costs by more than 60%, according to internal data cited in the company’s announcement.

South Korea’s Samsung Heavy Industries (SHI) has signed a landmark $637 million deal to build a floating liquefied natural gas (FLNG) facility for a European client operating in Mozambique, reinforcing Africa’s rising profile in global energy markets.

The power plant’s construction is set to begin by the end of 2025, with operations scheduled to start in 2027. The power plant is expected to prevent over 330,000 tons of CO2 emissions annually.

The National Agency for Public Equipment (ANEP) is supervising the project as the delegated project manager for the National Company for the Implementation and Management of Sports Equipment (SONARGES).