By the AFREEQUE newsroom, based on Aujourd’hui le Maroc
Illustrative image · Mohammed hassan · Pexels · Licence PexelsMorocco plans to raise its dams’ storage capacity to more than 24 billion cubic metres by the end of 2027. Since 2020, eight large dams have been completed and five others filled ahead of schedule, adding about 2.64 billion cubic metres, according to Aujourd’hui le Maroc.
Morocco’s draft 2027 finance law is based on five priorities, including 44.2 billion dirhams for social protection and 210 billion over eight years for territorial development programmes. Budget Minister Fouzi Lekjaa presented the plans to the Finance Committee of the House of Representatives, according to Le Matin.
🇲🇦 Morocco · Source: Le Matin ·
The Moroccan Agency for Sustainable Energy (Masen) plans to invest more than 47 billion dirhams in its 2026–2030 portfolio, which includes 4,416 MW of renewable capacity and 2,600 MWh of battery storage. Operating capacity is expected to reach 2,049 MW in 2027 and then 3,924 MW in 2028, according to the report on public institutions and enterprises annexed to the 2027 draft Finance Bill, cited by Lavieeco.
🇲🇦 Morocco · Source: Lavieeco ·
Moroccan public establishments and enterprises plan more than 209.16 billion dirhams in investment for 2027, excluding investment by the Mohammed VI Investment Fund. The figure appears in the report on public enterprises attached to the draft finance bill for 2027, according to TelQuel.
🇲🇦 Morocco · Source: Telquel ·
Egypt has signed the first financing agreements for the Dandara solar project in Nag Hammadi, with a capacity of 1,000 megawatts and 200 megawatt-hours of storage, for an investment of about $650 million. Built in two phases, it is expected to cover nearly a third of Egypt Aluminium’s electricity needs, according to the Egyptian government.
🇪🇬 Egypt · Source: Egypt Independent ·
Balearia invests over 200 million euros in Tangier–Tarifa electric routeSpanish company Balearia has launched its first fully electric ferry, intended to connect Tangier with Tarifa from summer 2027. The project includes two catamarans and port electrification, with total investment exceeding 200 million euros, according to the company.
Algeria brings experts and investors together to develop thermal tourismAlgeria’s Minister of Tourism and Handicrafts, Houria Meddahi, opened a national forum on thermal tourism in Guelma, bringing together experts, investors and representatives of thermal spas. The two-day discussions focus on modernising facilities, investment and training, the APS reports.The week in Africa
Be the first to get our letter in English: the essentials from every region of the continent, free.
