Egypt and Azerbaijan have agreed to cooperate on mining, green hydrogen, and renewable energy during a joint committee meeting in Cairo, according to a statement released on Saturday. Egypt will also support Azerbaijan in stimulating climate finance ahead of COP29. During the visit, the two countries signed three documents to cooperate in irrigation, culture, and trade.

Morocco + Ivory Coast join forces on water resource management: Morocco and Ivory Coast have signed a cooperation agreement to develop a water resource management framework, according to a statement released last week. The framework will include awareness campaigns, climate resilience efforts, national and transboundary water resource management, and the exchange of knowledge on water transfer technology and management. The countries will also establish national and regional basin agencies to govern water resources and upgrade infrastructure. The agreement also aims to control costs for desalination.

Morocco is boosting water sustainability efforts: Moroccan state-owned fertilizer and phosphate company OCP Group secured a USD 18.3 mn green concessional loan from the Canada-African Development Bank Climate Fund in November to expand its desalination efforts in Africa. Taqa Morocco also secured MAD 6.6 bn from a number of local banks in September, part of which is earmarked to finance planned desalination projects by 4Q 2023.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

  • Morocco + Mali water sector partnership: Morocco and Mali have agreed to cooperate on the water sector with a focus on dams, sanitation, financing, climate adaptation, and resource management. The discussion was held between Morocco’s Equipment and Water Minister Nizar Baraka and Mali’s Minister of Environment, Sanitation, and Sustainable Development Mamadou Samake, who will pay a visit to Morocco to further flesh out the details. (Map)
  • Jordan + Oman to establish joint investment company: Social Security Investment Fund CEO Ezzeddine Kanakrieh and President of Oman Investment Authority Abdulsalam Murshidi have signed an MoU to enhance joint investments between Jordan and Oman in infrastructure, food security, and sustainable energy. Projects will be launched through a joint Jordanian-Omani investment company. (Jordan Times)
Tags: