First Independent Mena Newspaper
The Moroccan government plans to develop a liquified natural gas (LNG) infrastructure in the northeastern port of Nador, currently under construction. The announcement came in a gas infrastructure roadmap signed by Morocco’s equipment, interior, finance, and energy departments. The road map “is in line with Morocco’s steady commitment to foster its energy sovereignty and decarbonize […]
Morocco’s phosphates and fertilizers giant, OCP Group, said its revenue in 2023 stood at 9 billion dollars, down from $11.4 billion a year earlier. OCP explained the performance by a drop of prices from the exceptional levels of 2022, when the war in Ukraine triggered a surge in commodities prices globally. OCP said a drop […]
The International Crisis Group has warned that a gradual escalation of hostilities over the Sahara issue could spark a broader conflict in the region. The Algeria-backed Polisario group could launch more attacks on Moroccan territory, targeting foreign economic interests, says the Brussels-based think-tank in its assessment of serious global conflicts risks. The deadly attacks targeting […]
Morocco and Italy signed an agreement to mutually recognize the driving licenses delivered by their respective authorities. The agreement would spare holders of Moroccan driving licenses administrative hurdles, notably in view of the large Moroccan diaspora in Italy. Spain was the latest EU country with whom Morocco had signed a driving license mutual recognition agreement. […]
Mohammed VI mosque in Conakry will welcome its first worshipers on March 29, underscoring the strong spiritual ties between the Moroccan and the Guinean people. The mosque, ordered by the Moroccan King, will open during the Friday prayer with the participation of eminent Moroccan and Guinean scholars, the Mohammed VI Foundation of African Ulema said […]
The Moroccan economy has been opening up, leading to the development of new sectors such as aerospace and automotive industry, says the 2024 Bertelsmann Transformation Index report (BTI), which analyzes transformation processes towards democracy and a market economy worldwide. Morocco has made good progress in carrying out reforms to improve market competitiveness, adds the report […]
The European Bank for Reconstruction and Development (EBRD) has approved a new strategy for Morocco for the 2024-2029 period after consultation with Moroccan authorities, the private sector, civil society, and shareholders. The Bank’s country strategy supports private-sector-led economy by enhancing competitiveness and promoting Morocco’s reform agenda. It also aims to strengthen social cohesion, reduce regional […]
The UN chief has called for reparations over the transatlantic trafficking of enslaved people during the 15th to 19th century as a way to tackle its legacy in today’s society, including systemic racism. Top United Nations officials, including its Secretary-General Antonio Guterres and the President of the General Assembly on Monday (25 March) paid tribute […]
The African Development Bank said it has allocated $4.5 million to back projects in 14 African municipalities. In a statement, the bank said that 500,000 dollars- as part of the same funding -will be earmarked to improving the quality of urban governance including through the launch of a capacity-building and consulting program to enhance municipal […]
King Mohammed VI has vowed to diversify and strengthen the promising strategic partnership existing between Morocco and Senegal. This came in a message of congratulations the sovereign addressed to Bassirou Diomaye Faye on his election as President of Senegal. “The Senegalese people have entrusted you with the responsibility of presiding over the destiny of your […]