Saudi Press

Saudi Arabia and the world
Saturday, Jun 21, 2025

Morocco targeting 50% renewable use by 2030, PM tells Davos 

Morocco targeting 50% renewable use by 2030, PM tells Davos 

Morocco has “become a leader” in sustainable development and is targeting 50 percent reliance on renewable energy by 2030, the country’s prime minister has told a Davos forum.
Moroccan Prime Minister Aziz Akhannouch said during a special address on Wednesday: “Renewable energies now account for 38 percent of our energy mix, and our ambition is to reach 50 or 52 percent by 2030.”

He told the World Economic Forum that the country’s targets were “very possible,” describing Morocco as “very favorable to renewables” due to its climate recording 3,000 hours of sunshine per year.

The country can also “offer to produce energy through wind speed that will provide one of the cheapest renewables in the world,” he added.

Morocco’s strategic position “gives it a place of choice in the value chains of the world,” he said, adding that the country “has one of the most abundant and cheapest resources in the world, which will help in the development of green hydrogen (and) will also play into the de-carbonization of the world.”

WEF President Klaus Schwab described Morocco as “a brick in the connection between nations of the world” through its location in Africa, the continent with the fastest growth worldwide.

Schwab hailed Morocco’s entry into the African Continental Free Trade Area last year, a pact that is considered the world’s largest free trade area.

“Morocco truly believes in a positive future for Africa. Africa can feed the world in the future if farming investments are made. Morocco has vast human resources — it is a very large market,” Schwab said.

“Africa’s trade with the rest of the world is 60 percent and inter-African trade is only 16 percent. This free trade area is a fantastic and transformative initiative for Africa to boost investment and trade.”

Schwab described reform plans in Morocco as “impressive” as they “are not just plans but are delivering results that are already very visible.”

Akhannouch said that Morocco has become a regional model under the leadership of King Mohammed VI.

“In Morocco, we are well aware of the position we wish to occupy in the world, and this is why we have a new investment charter — a new attractive, incentivizing framework for international and national investors, which we are aiming to obtain with our reforms,” he added.

“We have built infrastructure, the best world-class infrastructure, connectivity (via) sea, land and air ... the first high-speed train in Africa, the largest Mediterranean seaport, and very soon, a large seaport on the Atlantic ocean, as well as 14 international airports which provide the ability to travel across Africa.”

“These infrastructures have allowed Morocco to obtain a very attractive tourism sector, a high-performance industry, a fantastic agriculture sector, industry in the automotive and aerospace sectors — and we have also established relations of trust establishing Morocco as a trusted partner in Africa.”
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
Trump's Anti-War Stance Tested Amid Israel-Iran Conflict
UK Deploys Jets to Middle East Amid Rising Tensions
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
Black Box Recovered from Air India Crash Site
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
Israeli Forces Intercept Gaza-Bound Aid Vessel Carrying Greta Thunberg
IMF Warns of Severe Global Trade War Impacts on Emerging Markets
Syria to Reconnect to Global Economy After 14 Years of Isolation
Israel Confirms Arming Gaza Clan to Counter Hamas Influence
Global News Roundup: From Ukraine's strategic military strikes and Russia's demands and Tensions Escalate in Ukraine, to serious legal issues faced by Britons in Bali and Trump's media criticism, the latest developments highlight a turbulent landscape
U.S. Reduces Military Presence in Syria
Trump Demands Iran End All Uranium Enrichment in Nuclear Talks
Iran Warns Europe Against Politicizing UN Nuclear Report
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
×