Kano State has finalized a groundbreaking partnership with prestigious Moroccan companies expected to bring over $10 billion in investments for renewable energy and solid minerals development over the next five years.
The state government announced it will soon sign a series of investment Memoranda of Understanding with the Kingdom of Morocco, focusing on renewable energy, agriculture, and commerce as part of Governor Abba Kabir Yusuf’s economic repositioning strategy.
The agreements follow a high-level investment mission to Morocco led by Governor Yusuf, where his delegation held strategic meetings with key institutions including the Ministry of Energy Transition and Sustainable Development, the Moroccan Agency for Sustainable Energy (MASEN), the Moroccan Agency for Africa (OCP Africa), and the Casablanca Chamber of Commerce.
According to Sunusi Bature Dawakin-Tofa, the governor’s media aide, the agreements will explore investor identification, financing models, and advanced technologies for energy storage and efficient distribution for industrial use in Kano.
The Casablanca Chamber of Commerce has expressed readiness to collaborate with Kano in renewable energy and solid minerals development, potentially boosting the state’s economy in line with its strategic investment plan.
The delegation also met with OCP Africa, one of the world’s largest fertilizer producers, which proposed new agricultural development projects including fertilizer blending plants, advanced supply chain systems, and support for smallholder farmers through modern farming technologies.
A key outcome of the visit was MASEN’s commitment to provide technical collaboration for Kano’s clean energy transition. MASEN, known for managing one of Africa’s largest solar power plants in Ouarzazate generating 500 megawatts, has pledged to share expertise for Kano’s Light-Up Kano Initiative, which aims to generate 2,000 megawatts of solar energy within five years.
Source: Naira Metrics
