(3 Minutes Read)
Nigeria’s Kano State government has unveiled an ambitious plan to secure over USD 10 billion in investments from Morocco over the next five years, focusing on renewable energy and solid minerals development. This was reported by News Central, citing a statement from the governor’s spokesperson, Sunusi Bature Dawakin-Tofa.
The collaboration is set to include the signing of several Memoranda of Understanding (MoUs) covering diverse sectors such as renewable energy, trade, and agriculture. One major Moroccan player, OCP Group, has proposed establishing fertiliser blending plants, enhancing agricultural supply chains, and introducing tech-driven support programs for smallholder farmers.
This development aligns with ongoing efforts between Morocco and Nigeria to strengthen bilateral ties, especially through the transformative Nigeria-Morocco Gas Pipeline project. The 5,600-kilometre pipeline will pass through 13 West African countries, aiming to supply energy to more than 340 million people. Morocco is a key stakeholder, with 1,672 kilometres of the pipeline running through its territory.
Read Also:
https://trendsnafrica.com/africa-atlantic-gas-pipeline-ecowas-approves-intergovernmental-agreement/
Backed by USD 25 billion in investments and supported by numerous African nations, this initiative has been championed by Morocco’s King Mohammed VI as a symbol of African unity, economic integration, and sustainable development.
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