Investing in both gas and renewable energy is at the centre of the Kingdom of Morocco’s strategy. With billions earmarked for the region, it has never been more important for regional stakeholders to understand the Kingdom’s priorities.
These objectives will be outlined by Minister Aziz Rabbah, Minister of Energy, Mines and Sustainable Development for the Kingdom of Morocco, and heads of MASEN, ONEE and ONYHM during EnergyWeek Morocco in November, which hosts the separate investment meetings the 4th Africa Renewable Energy Forum and 2nd Gas Options: North & West Africa.
Programme Director for these two investment summits, Valeria Aruffo, commented; “It is understood US$32 billion is required each year to fully liberate the continent’s renewable energy potential. To see such a massive flow of investment coming through the Kingdom into projects across the ECOWAS region is therefore extremely exciting, providing different funding options for projects seeking development and finance. This strategy is aligned with the Kingdom’s role to work closer with neighbours to the North and in Europe highlighted by the growing cross border transmission links being financed.”
EnergyWeek Morocco takes place from 14-15th November in Marrakech. This investment forum is a platform for decision-makers in the energy sector to discuss the role of the Kingdom and its regional energy partnerships in North & West Africa. This event is also supported by MASEN, ONHYM, AMEE and ONEE as well as international private sector companies such as Cheniere, Fieldstone Africa, Skypower, ENGIE, Wartsila, ACWA Power, Ibvogt and Larsen & Toubro.
Liberating the potential of African gas
As African nations seek stronger trade ties, gas is at the heart of how the region will shape their economies over the next twenty years. This coupled with its ability to liberate Africa’s agricultural sectors – providing cleaner, more affordable base-load power – means gas will soon be considered the number one regional trade commodity lifting millions out of poverty and both directly and indirectly creating hundreds of thousands of jobs.
Be sure to join us in Morocco to understand exactly what is happening, and how the country is spending billions to increase trade and the proliferation of energy for the all.
