First Independent Mena Newspaper
The International Finance Corporation has agreed to provide Maroc Telecom two loans totaling €370 million to enable the Moroccan telecom group support its subsidiaries in Chad and Mali. The IFC funding will help to enhance mobile connectivity and improve the quality of mobile internet. It will also support the rollout of 4G services, bringing faster, […]
A growing convergence of conflict, climate shocks, and waning international support has driven displacement in West and Central Africa to record levels, with nearly 13 million people uprooted, according to the UN Refugee Agency (UNHCR). Commemorating the World Refugee Day on June 20, the Pretoria-based Institute for Security Studies highlighted in an analysis that “displaced […]
The European Bank for Reconstruction and Development (EBRD) provides Morocco’s Office National de l’Electricité et de l’Eau potable (ONEE) €300 million loan to strengthen the financial & climate resilience of the utility company and support its digitalization projects. The Moroccan National Office of Electricity & Drinking Water is involved in generation, transmission and renewables. The […]
Niger’s military regime has nationalized Somaïr, the subsidiary of French uranium giant Orano, escalating tensions between Niamey and Paris in a move that symbolizes the regime’s sovereignty-focused policies since taking power in 2023. The nationalization announcement, delivered through state television during a council of ministers report, cited Orano’s “irresponsible, illegal and disloyal behavior” and characterized […]
The World Bank has agreed to provide Morocco $250 million funding to support the country’s social protection system which has improved living standards of vulnerable households and expanded access to essential services. In December 2023, Morocco launched the Direct Social Benefit (DSB) program as a key component of the national social protection reform. As of […]
Morocco is strengthening its position as a global aerospace hub with over 150 companies operating in the country and generating $2.8 billion in annual revenue, said Moroccan Minister of Industry & Commerce Ryad Mezzour at Paris Air Show 2025. The production sites are concentrated in Casablanca, Tangier, Rabat and Fez. They employ 26,000 individuals and […]
The United Nations has condemned the alarming scale of sexual violence unfolding in Sudan’s conflict, as the war between the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) enters its third year. Marking the International Day for the Elimination of Sexual Violence in Conflict on Thursday, June 19, the UN’s acting Resident and […]
As Egypt navigates its economic recovery, a notable divergence has emerged between Government projections and IMF estimates regarding public debt reduction. While the Egyptian Government targets a reduction of public debt to 85% of GDP by the end of FY2024/25 and to 80% by mid-2027, the IMF forecasts a slower decline from 92.9% to 73.9% […]
At least 60 migrants are feared dead following two tragic shipwrecks off the Libyan coast in the past week, according to a report released few hours ago by the International Organization for Migration (IOM). The first incident occurred on June 12 near Tripoli, leaving 21 people missing, including women and children, with only five survivors. […]
A Moroccan MP delegation is taking part in the 2nd Parliamentary Conference on Interfaith Dialogue which opened Thursday in Rome under the theme: “Strengthening trust and embracing hope for our common future”. The three-day event is organized by the Inter-Parliamentary Union (IPU) and the Italian Parliament in cooperation with NGO Religions for Peace. The conference […]