The price of diesel is expected to cross the 13 dirhams mark from March 15. Analyst Zakaria Garti warns of Morocco’s vulnerability, between soaring global prices and major structural failures in the national storage system.
The Chinese group Geely is establishing itself in the Moroccan satellite communications market through its subsidiary Geespace. This strategic partnership with Soremar aims to deploy a constellation dedicated to the Internet of Things to support the transport, energy and agriculture sectors.
Morocco has joined an international coalition of countries committed to diversifying the financing of civil nuclear energy. This initiative aims to triple global capacity by 2050 to accelerate the decarbonization of economies.
The Moody’s agency has raised Morocco’s Ba1 rating outlook from stable to positive. This decision recognizes the improvement in the country’s economic and fiscal strength, paving the way for a future integration into the Investment Grade category .
The offensive by the United States and Israel against Iran places Morocco in the face of a major geostrategic earthquake. Despite the distance, the kingdom must manage a surge in its energy bill while asserting itself as a global maritime hub.
The Tropic Seamount, rich in strategic tellurium is fueling tensions between Morocco and Spain. This submerged volcanic deposit, essential to the energy transition, remains at the heart of a major geopolitical dispute over control of the continental shelf.
Chinese group Inner Mongolia Xingye Yinxi Mining has issued $200 million in sustainability-linked bonds to finance its tin mine in Achmmach, near Meknes. The fundraising aims to accelerate the site’s entry into production.
Morocco has frozen its tender for the construction of a gas storage unit in Nador . This unexpected decision prolongs the Kingdom’s energy dependence on Spain, amid internal budget disagreements within the government.
Despite perfectly operational infrastructure, the electricity line connecting Morocco and Algeria has been completely shut down for more than four years. An investigation by the specialized platform Attaqa reveals the extent of the economic waste of this blockage, emblematic of the tensions that paralyze energy integration in the Arab world .
Morocco refuses to give in to the worst drought in its history. To counter a water deficit that threatens to worsen, the Kingdom is releasing a record envelope of 5.5 billion euros as early as next year, betting on a survival strategy where seawater desalination will become the new norm.
Morocco is accelerating its water transition in the face of endemic drought . The Minister of Water, Nizar Baraka, has announced an ambitious goal: to provide 60% of the country’s drinking water from desalination by 2030, compared to 25% currently, relying exclusively on green energy.
In Morocco, fuel prices are expected to decrease, much to the delight of Moroccan drivers. This decrease comes after several weeks without significant variation.