First Independent Mena Newspaper
Algerian authorities suspended consular cooperation with France in its consulates of Nice, Marseille, and Montpellier, amid a worsening diplomatic crisis that led the French interior minister to call for banning entry to the Algerian nomenklatura. The Algerian escalatory move came in a series of provocations including the refusal to admit Algerian nationals who have been […]
Emirates NBD, the largest bank in Dubai by assets, has commenced due diligence on a potential acquisition of a stake in Banque du Caire, Egypt’s sixth-largest commercial bank. This acquisition is part of Egypt’s ongoing efforts to privatize state-owned businesses as the country seeks to raise up to $2.5 billion in its 2024-2025 fiscal year. […]
Ethiopia and Eritrea could be headed toward renewed warfare, regional officials warn, threatening another humanitarian disaster in the Horn of Africa. Such a conflict would involve two of the continent’s largest military forces and potentially draw in additional regional powers. The alarming developments would effectively destroy the historic peace agreement that marked a significant diplomatic […]
Prices of cobalt, a key mineral for energy transition, began to rise following an export ban by the Democratic Republic of the Congo to balance the market. On China’s Wuxi Stainless Steel Exchange on Monday, cobalt trading was paused after prices jumped nearly 12%, the highest since October. Last month, DRC said it will stop […]
Chocolate manufacturers are preparing for yet another challenge in cocoa supply after Cote D’Ivoire reported significant damage to its crop following heavy rainfall. Cote D’Ivoire, which supplies 40% of the World’s Cocoa, said warehouses are still empty with expectations of a harvest 3 to 4 times due to bad weather. Cocoa represents 50% of Cote […]
Morocco is preparing to launch a tender to launch 5G bandwidth, a project that attracts interests from China’s Huwawei and western firms, Morocco’s Finance News Hebdo said. Huwawei is already operating in the country in partnerships with local operators Maroc Telecom and Orange Maroc and seems to be better placed compared to western peers such […]
The Dakhla-based International Center for Research on the Prevention of Child Recruitment (IRCPCS) issued an urgent call in Geneva on Thursday for global mobilization to ensure the immediate and safe return of children forcibly recruited by armed groups, including the polisario. This appeal was made during a conference on “Children of North Africa: Access to […]
Libya’s Mabruk Oil Operations has officially resumed production at the Mabruk oilfield after a decade-long closure, according to a statement issued by the Tripoli-based Government of National Unity (GNU) on Wednesday March 12. The field, which had been shut down since 2015 due to security issues, has now begun producing at an initial rate of […]
Palestinian President’s Adviser for Religious Affairs, Mahmoud El Habach, commended Morocco’s consistent support for the Palestinian cause on all fronts, under the leadership of King Mohammed VI, Chairman of the Al-Quds Committee. In a press briefing after talks with Minister of Foreign Affairs, Nasser Bourita, hailed, in Rabat on Thursday, the Palestinian official expressed his […]
President of the Central African Republic Faustin-Archange Touadéra has sent a written message to King Mohammed VI. The message was handed over by CAR foreign minister Sylvie Baïpo-Temon to Moroccan peer Nasser Bourita at a meeting held Wednesday in Rabat. In a press statement following the meeting, Baïpo-Temon thanked Morocco for its support during her […]