First Independent Mena Newspaper
Former Gabon president Ali Bongo, who was ousted in a 2023 coup, has left the country for Angola accompanied by his wife and son, Angola’s presidency announced in a Facebook statement. The departure follows last week’s transfer of Sylvia Bongo, 62, and Noureddin Bongo, 33, from prison to house arrest. Both had been in custody […]
The Algerian president and the state media apparatus have been on charm offensive for years, speaking about the tourism potential of the country. Yet, little was done to prepare the prerequisites for a genuine tourist industry that may help diversify the oil and gas-dependent economy. Speaking to sycophant media, Tebboune said that tourist can now […]
Swedish-based Metacon has been awarded a $ 2 million contract to supply a 1 MW pressurized alkaline electrolysis plant to a major renewable energy company in Morocco, one of Africa’s largest wind power investors. The project involves delivering a turn-key, containerized electrolysis system powered by wind turbines to produce green hydrogen off-grid. This pilot plant […]
British Standard Chartered bank, which specializes in wealth management, corporate and investment, announced Thursday the opening of its new office in Casablanca Finance City, Morocco, In a press release, the Bank says Morocco’s strong economic fundamentals and strategic location position it as an increasingly important destination for global trade and investment. The Bank’s new office […]
Taqa Morocco became the third largest company by market capitalization at the Casablanca stock exchange. Driven by an exceptional stock market performance from the start of the year, the company’s stock has risen progressively due to investor revaluation, positioning it behind only major players like Attijariwafa Bank and Maroc Telecom. As of May 12, 2025, […]
President of Belgium reformist party Georges-Louis Bouchez has called openly on his country to recognize Morocco’s full sovereignty over its entire Saharan territory following in the footsteps of major Western allies including the United States, France, Spain… He said he introduced a legislation demanding his country’s government to recognize officially Moroccan sovereignty over the Sahara […]
The International Fund for Agricultural Development (IFAD) and Bank Al Maghrib have partnered for the second time to increase financing for food security in rural areas around the world. IFAD has issued a $150 million bond with a tenor of 10 years to Morocco’s central bank to support efforts engaged to transform rural areas to […]
The European Bank for Reconstruction and Development (EBRD), the Green Climate Fund (GCF), the European Union, and Canada through the EBRD’s High-Impact Partnership on Climate Action (HIPCA) have agreed to provide Moroccan Bank of Africa a €70 million loan destined to boost access to green finance for private sector and promote capacity building for women-led […]
Morocco will host the first Africa-Atlantic Summit for Common Development in March 2026, creating a strategic platform for dialogue and joint action between African Atlantic coastal nations, Sahara and Sahel countries, and their Mediterranean partners. The announcement came following an agreement signed Thursday in Johannesburg between the Mediterranean Development Center (MEDEV) and DEVAC Invest Africa, […]
Over fishing by foreign vessels off Senegal decimated fish stock and forced many fishermen to try an illegal sea crossing to the Canary Islands, The Environmental Justice Foundation, a London-based group specializing in environmental and human rights issues, said. Illegal crossings to the Spanish archipelago increased following the surge in overfishing by foreign vessels, the […]