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Kano targets $10 billion Morocco investment in renewable energy
Atinuke | 23rd April 2025

The Kano State Government plans to attract more than $10 billion in investments from Morocco for renewable energy and solid mineral development in the next five years.

Sunusi Bature Dawakin-Tofa, Kano state Governor Abba Kabir Yusuf’s spokeswoman, said in a statement released on Sunday, April 20th, that the effort is part of the state’s overall economic development strategy. The declaration came after the governor led a high-level investment tour to Morocco.

During their tour, the Kano delegation held strategic discussions with important Moroccan organisations such as 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.

Dawakin-Tofa highlighted that discussions included investor identification, financing models, and advanced energy storage and distribution technologies, particularly to support the state’s industrial power needs.

The connections that are being formed will cover renewable energy, agriculture, and commerce. These agreements are expected to accelerate Kano’s industrial growth and transition to sustainable energy.

The Casablanca Chamber of Commerce, a major African private sector platform, expressed strong interest in collaborating with Kano to develop renewable energy and solid minerals.

“This partnership is a critical step toward realising our target of $10 billion in investments over the next five years, in line with our strategic investment roadmap,” he said.

The company proposed various agricultural projects in a key meeting with OCP Africa, one of the world’s largest fertiliser producers. These include setting up fertiliser blending plants, developing efficient supply chains, and supporting smallholder farmers with modern agricultural technologies.

One of the standout outcomes of the trip was a proposed partnership with MASEN. The agency, known for managing Africa’s largest solar power plant in Ouarzazate (which generates 500 megawatts), has pledged technical support for Kano’s Light-Up Kano Initiative. This project aims to generate 2,000 megawatts of solar power within five years.

“The visit represents a major milestone in Kano’s efforts to forge global partnerships for industrial development, energy transition, and sustainable agriculture,” Dawakin-Tofa added.

This comes a week after the Kano governor received the ‘African Award for Good Governance’ at the 3rd Edition of the AfriHeritage Concert and Awards, held on April 12 in Marrakech, Morocco.

Source: HeritageTimes

Image Credit: PM News