Morocco’s Platinum Power to invest over $800 million in Cameroon hydropower project | The Africa Report

In the “Economic Cooperation” section of the joint statement that followed the third meeting of the US-Morocco Strategic Dialogue in April of this year, ”The Secretary and Minister applauded the Memorandum of Understanding signed today between the Government of Morocco and the Millennium Challenge Corporation designed to share expertise and lessons learned with other select countries in Africa.” Among Morocco’s expertise, according to the  MOU, is “the energy sector in ...

HM the King Launches Professional Training Centers in Casablanca | Agence marocaine de Presse

MAP reports that King Mohammed VI on Tuesday presided over the groundbreaking of a professional training center and inaugurated a vocational training center targeting the service sector:  Carried out by the Mohammed V Foundation for Solidarity for a total investment of 22 million dirhams, these projects reflect the High Royal solicitude towards youth, particularly those living in a vulnerable environment. They stem from the constant will of the Sovereign to ...

Shale Gas Flows in Morocco | Forbes

Writing for Forbes, energy reporter Christopher Coats remarks on last week’s announcement from Circle Oil that “gas had begun flowing from its first shale well”: The shale development continues Morocco’s multi-year push towards broadening their energy base. The North African country currently depends on costly imports for virtually all of its oil and gas needs. Over the last five years, Morocco has initiated a series of new energy development projects, ...

Lyon-based Tecalemit Aerospace to develop aeronautics pipeline factory in Casablanca in 2016 | L’Usine Nouvelle

L’Usine Nouvelle reported yesterday that the French-based manufacturer Telcalemit Aerospace has announced plans to open a factory in Casablanca. Translated from the French: Driven by strong growth in the aerospace sector, Tecalemit Aerospace group will invest in a pipe manufacturing plant for aerospace in Casablanca Midparc in mid-2016. Already present in Tunisia for five years, the company is banking on its prior experience to conduct its operations in Morocco. One ...

House of Geeks gives Moroccan developers a reason to stay | wamda

Today, wamda’s Aline Mayard writes about the Agadir-based tech incubator “House of Geeks.” Co-founder Kamel Magour explained that “The goal with The House of Geeks is to help developing countries build their resilience by retaining the best engineers and helping them develop their emotional intelligence, and their entrepreneurship and leadership sense.” More from the story: A large part of Morocco’s talented graduates leave the country, according to Magour, because management ...
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