Morocco–EU trade reaches historic peak in 2024
Trade between Morocco and the European Union soared to a record-breaking $65 billion in 2024, according to an announcement from
Egyptian engineering and infrastructure powerhouse, Madkour Group, is investing in Mauritania’s energy network with a state-of-the-art natural gas power plant. This project, valued at over $200 million, is part of the group’s mission to spearhead sustainable energy solutions across Africa. The plant, with a projected capacity of 160–180 MW, is expected to address electricity shortages and fuel industrial growth in Mauritania. Mauritania has been grappling with energy deficits that hinder industrialization and economic progress. Despite possessing abundant natural gas reserves, much of the country's potential remains untapped due to infrastructural challenges.
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