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How will Morocco finance its energy projects?

 

On a map of the world showing so-called insolation, or the amount of “solar irradiance” hitting the surface per sq metre, there are three notable patches of dark red. One lies in western Australia; another in the southwest US; and the third stretches from Algeria across North Africa all the way to Saudi Arabia. It is these areas that have the...

 

With the implementation of renewable energy plans in full swing and considerable investment going into traditional forms of production, Morocco is making serious changes to its energy mix that could provide a window of opportunity. The need for such moves is clear: excessively dependent on energy imports to support growing consumption, the...

 

Alongside plans to diversify sources, Morocco’s energy strategy has also put a strong emphasis on improving efficient usage. A big step in this regard was the creation of the National Agency for the Development of Renewable Energy and Energy Efficiency (Agence Nationale pour le Développement des Energies Renouvelables et de l’Efficacité...

 

The country’s economy has traditionally seen the biggest concentration of activity around its major cities in Casablanca, Rabat and Tangiers, but the potential for growth in its southern provinces is sizeable, and a number of initiatives in recent years have sought to increase investment in the area. The southern region benefits from a number...

With a vast area and distant urban centres, establishing adequate transport links to cover Morocco’s southern territories has been challenging. Great distances and relative remoteness have certainly impacted the business environment, raising business costs for local industries. This is, however, gradually changing.

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