As much as North Africa needs investment and industry to build its economy, it also desperately needs energy to fuel its own development. Despite its vast clean energy potential, Morocco currently depends on imports for 90% of its energy, the lion’s share of which comes from fossil fuels. Under a scenario put together by the International Energy Agency in 2019, electricity demand in North Africa is projected to increase by almost 35% by 2030. However, this added energy production capacity is being increasingly diverted to European markets as Europe struggles to regain energy security. The scale of the clean energy projects being planned in Morocco means that North Africa is primed for a fresh round of land-grabbing.

Source: The North Africa Journal May 09, 2023 20:17 UTC