First Independent Mena Newspaper
After the United States and France, it’s the turn of the United Arab Emirates to Invest massively in the Moroccan Saharan city of Dakhla, particularly in renewable energies. Dahamco, a joint Moroccan-Emirati venture, has unveiled lately a $25 billion green ammonia project at the Port of Dakhla to produce multi-million tons of ammonia annually. According […]
Libya’s Post, Telecommunications and Information Technology Holding Company signed a preliminary MoU on Thursday, December 11, with Saudi Arabia’s Technology Link Services for Telecommunications, signaling a push to strengthen regional collaboration in the telecommunications sector. The agreement, concluded during a meeting between the Libyan company’s Chairman Youssef Ibrahim Hussein and Saudi delegation leader Ali bin […]
The African Development Bank has approved a €270 million loan to Morocco to finance an ambitious program to expand and modernize the country’s airport infrastructure as it prepares for a surge in tourism and for the 2030 World Cup. The project, known as the Airport Infrastructure Extension and Modernization Program (PEMIA), aims to boost Morocco’s […]
North Africa’s tourism sector is experiencing remarkable growth, with Morocco, Egypt, and Tunisia collectively welcoming 42.2 million visitors through October 2025. Morocco has cemented its position as the continent’s leading destination, now surpassing Egypt by one million arrivals while posting impressive double-digit growth rates. Morocco recorded 16.6 million tourist arrivals by late October, marking 14 […]
Morocco’s foreign exchange reserves climbed to an unprecedented 431.24 billion dirhams ($47 billion) at the end of October, up 19.6% from a year earlier, according to central bank data. Bank Al-Maghrib projects the upward trend will continue into 2026, reflecting strong tourism receipts and a sharp rebound in foreign direct investment (FDI). Travel revenues rose […]
South Sudan announced, on Thursday, 11 December, that it has secured a tripartite agreement with the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) to protect the Heglig oil field, after the RSF seized the site earlier in the week. Information Minister Ateny Wek Ateny said in Juba that the accord was reached […]
Global commerce is poised to reach a historic milestone in 2025, with trade volumes expected to hit $35 trillion according to the United Nations Conference on Trade and Development (UNCTAD). Africa’s export growth ranks second only to East Asia, positioning Morocco as one of few African nations capable of fully capitalizing on this expansion. The […]
Morocco secured $1.77 billion in World Bank financing during fiscal year 2025, positioning itself as the institution’s 11th largest recipient overall and eighth largest borrower from the International Bank for Reconstruction and Development (IBRD), according to newly released Bretton Woods statistics. The World Bank’s total commitments reached $80.8 billion for the fiscal year ending June […]
Libya’s Post, Telecommunications and Information Technology Holding Company signed a preliminary MoU (Memorandum of understanding) on Thursday, 11 December, with Saudi Arabia’s Technology Link Services for Telecommunications, signalling a push to strengthen regional collaboration in the telecommunications sector. The agreement, concluded during a meeting between Libyan Chairman Youssef Ibrahim Hussein and Saudi delegation leader Ali […]
African trade ministers and senior government officials held a coordination meeting on Thursday in Marrakesh aimed at consolidating Africa’s position on key issues that will be on the agenda of the 14th Ministerial Conference of the World Trade Organization (WTO), scheduled for March 2026 in Yaoundé, Cameroon. The discussions and interventions at this meeting—presided over […]