First Independent Mena Newspaper
The World Trade Organization (WTO) has warned that Nigeria and other African economies risk being excluded from the next wave of global trade unless they urgently invest in digital infrastructure, skills, and AI governance. According to the WTO’s 2025 World Trade Report, artificial intelligence (AI) could boost global trade by up to 37% by 2040, […]
Morocco’s government has introduced comprehensive reforms to its traffic accident compensation system, addressing longstanding criticism regarding complexity and processing delays. Justice Minister Abdellatif Ouahbi’s proposed legislation modernizes protection mechanisms for accident victims through expanded beneficiary categories and improved calculation methods. Current statistics highlight reform urgency: 2024 recorded approximately 655,360 declared accidents with insurance companies, including […]
Algeria’s public finances are under mounting pressure after a dramatic drop in budget revenues in 2024, driven by falling hydrocarbon income and sluggish non-oil tax collection, according to the Bank of Algeria’s. Total budget revenues fell by 22.66% year-on-year, with hydrocarbon revenues plunging by 31.13% and non-hydrocarbon revenues declining by 13.50%, the Bank said in […]
China’s exports to Africa have soared by 25% in the first eight months of 2025, reaching US$140.8 billion, as Beijing redirects trade flows amid escalating U.S. tariffs under President Trump’s renewed trade war. Faced with U.S. import duties as high as 100% on electric vehicles and 50% on solar products, Chinese firms are finding fertile […]
Morocco’s Central bank has decided to maintain its key interest rate unchanged at 2.25 %, while continuing to strengthen the measures aimed at easing financing conditions for businesses, especially very small enterprises (VSEs). The decision was made Tuesday by the Bank’s board after having analyzed national and international economic developments and reviewed medium-term macroeconomic projections. […]
Botswana is racing to finalize a deal for majority control of diamond giant De Beers by the end of October, as President Duma Boko declares the move “a matter of economic sovereignty for Botswana.” The southern African nation, already holding 15% of De Beers, is negotiating with Anglo American, which is divesting its 85% stake […]
Military cooperation between Morocco and Niger that covers a range of activities, including training, operational readiness of the forces, military healthcare, and the exchange of visits and expertise, was reviewed at a meeting in Rabat Tuesday between Inspector General of the Royal Armed Forces and Commander of the Southern Zone, Lieutenant General Mohammed Berrid, and […]
Kenya’s President William Ruto has called for stronger international backing for the Kenya-led mission in Haiti, as the United States pushes to expand the operation into a more robust Gang Suppression Force under new United Nations’ frameworks. Speaking on the sidelines of the United Nations General Assembly, Ruto revealed that the Multinational Security Support (MSS) […]
The General Confederation of Moroccan Enterprises (CGEM) and the Confederation of Industrial Chambers of Mexico (CONCAMIN) signed a memorandum of understanding on Monday in Mexico City meant to strengthen economic and industrial cooperation between the two countries and establish a strategic partnership in investment and trade. The agreement, signed by CGEM President Chakib Alj, who […]
Hollyway, a Singapore-based company specialized in AI-powered smart drone systems for low-altitude industrial applications, has partnered with Morocco’s XAR Aerospace to establish a high-tech factory for manufacturing industrial drones in the North African Kingdom. The factory will produce autonomous industrial drones, leveraging Hollyway’s AI and automation tech alongside XAR’s “Made in Morocco” prototypes. This high-tech […]