On September 30, 2024, The Weir Group PLC announced a substantial £25 million contract to provide energy-efficient separation solutions for the OCP Group’s Benguerir and Louta greenfield phosphate projects in Morocco. This contract includes the supply of advanced WARMAN® slurry pumps and CAVEX® hydrocyclones, aimed at supporting the construction of the Louta project and tripling production at the Benguerir site. Jon Stanton, CEO of Weir, emphasized that the contract signifies a strong endorsement of their technologies, which are designed to enhance productivity while meeting sustainability goals. With an impressive projected mine life of over 100 years, this collaboration positions Weir as a key partner in Morocco’s phosphate mining future.
Tag: Morocco
Africa’s Clean Energy Surge: A Beacon of Hope in Declining Foreign Investments
Despite a slight decline in overall foreign investment flows to Africa in 2023, the continent’s clean energy sector has seen a remarkable surge, attracting significant global interest. Noteworthy investments include a $34 billion green hydrogen project in Mauritania and over $10 billion for wind and solar projects in Egypt, South Africa, and Zimbabwe. These developments highlight Africa’s growing commitment to sustainability and its potential to lead in renewable energy, driving economic growth and environmental progress.