First Independent Mena Newspaper
Morocco forecasts economic growth to rise to 4.6% in 2025, based on current assumptions, Economy and Finance Minister, Nadia Fettah, said in Rabat on Thursday. The official, who was presenting the 2024 Budget execution, the 2025 finance bill framework and the three-year budget plan for 2025-2027 at a joint meeting of the finance committees of […]
In the last five years, Moroccan diplomacy, under the leadership of King Mohammed VI, won increasing support from global powers for its territorial integrity and sovereignty over the Sahra territory. The US recognition of Morocco’s sovereignty over the Sahara territory in 2020- as part of a trilateral deal involving the resumption of ties with Israel- […]
Moroccan Head of Government Aziz Akhannouch attended, on Thursday, the summit for Sport and Sustainable Development in Paris. This event is being held on the sidelines of the Olympic Games to officially kick off on Friday evening. The summit brought together some 500 participants, including heads of state and government, leaders of international organizations, athletes, […]
Former Moroccan Olympic Champion Nawal El Moutawakil was elected vice-president of the International Olympic Committee (IOC) during the Committee’s 142nd session held in Paris. Moutawakil was elected IOC vice-president alongside Argentina’s Gerardo Werthein, with their terms of office beginning on August 10, after the end of the 142nd IOC session, the Committee said in a […]
Africa’s trade deficit with China has shrunk in the first half of this year, as exports from some, especially resource-rich, African countries have soared in the first half of the year, while imports from China to Africa fell slightly, according to the latest Chinese customs data. During the first six months of this year, China’s […]
At least 25 have reportedly died and more than 150 are missing when a boat full of people hoping to get to Spain’s Canary Islands capsized off the coast of Mauritania on Monday July 22, the latest in a string of migrant tragedies off the coast of West Africa, Mauritanian news agency AMI said on […]
A new credit rating agency designed to address the needs of sovereign borrowers in Africa, and led by an African Union (AU) Commissioner, is on track to be launched in 2025, according to a senior AU official. Speaking with reporters in Accra, the AU Commissioner for Economic Development, Trade, Tourism, Industry and Minerals, Albert Muchanga, […]
In 2024, Morocco is set to unseat South Africa as the largest car producer base in Africa, thanks to its investment climate which attracted investments from major European and Chinese producers. “Morocco will remain the favored investment destination for autos due to its proximity to the EU, existing trade agreements, and efficient logistics infrastructure,” Fitch […]
Artificial Intelligence (AI) can accelerate energy access in Africa, which is critical to reduce poverty, enhance productivity, and build resilience against climate change on the continent, says a recent report published by the London School of Economics (LSE). AI has the potential to significantly transform energy access in Africa by improving equitable energy access, fostering […]
Sixteen years after Morocco announced its plan to rely on renewable energies for electricity production, the country has offered a model of hope for countries who are burdened by fossil fuel, thanks to large scale solar, wind and green hydrogen projects launched under the leadership of King Mohammed VI. Morocco has increased its renewable energy […]