First Independent Mena Newspaper
An expropriation case in Rabat has exposed the extent of endemic misinformation of the Algerian regime, who issued a strong-worded statement claiming to be unaware and wrongfully denouncing a confiscation, until it was discredited by its own documents. Official Algerian correspondences leaked to Moroccan media showed that Algeria was fully aware of Morocco’s intent to […]
Air France has lost up to 65 million euros after its business in the Sahel was disrupted by a ban by coup countries: Burkina Faso, Mali, and Niger. The ban has forced the French carrier to direct its routes to central Africa with the announcement of a partnership with Afrijet, a Gabonese airline, la Nouvelle […]
French bank, Société Générale, has informed Morocco’s Central Bank of its intention to leave the country, as part of a plan to withdraw from the African continent, Central Bank governor Abdellatif Jouahri said. Moroccan media has reported over the past few days that the French bank was planning to sell its Morocco branch to Saham […]
The State Department has approved the sale to Morocco of Javelin missiles, an advanced portable anti-tank weapon system expected to strengthen further the Kingdom’s military capabilities. The North African Kingdom has requested to buy 612 Javelin FGM-148F missiles, (including twelve (12) fly-to-buy missiles) and two hundred (200) Javelin Lightweight Command Launch Units (LWCLUs). The $260 […]
Morocco’s central bank has decided to maintain the current key rate at 3 percent and expects the country’s economic growth to be limited to 2.1 percent in 2024, before rebounding to 4.3 pc in 2025. During its first meeting of 2024 held Tuesday in Rabat, the Board of Bank Al Maghrib said the key rate […]
The slogan “YallaVamos 2030” and the visual identity of the joint Morocco-Portugal-Spain bid for the 2030 World Cup were unveiled on Tuesday in Lisbon, marking a significant milestone in the joint bid for the 2030 World Cup. The event, attended by the heads of the Moroccan and Portuguese football federations, Fouzi Lekjaa and Fernando Gomes, […]
East African central banks are being forced to hike interest rates to contain renewed inflationary pressures emanating from surging shipping and insurance costs due to the disrupted crucial trade routes between Europe, the Middle East, and Asia in the Red Sea. The ongoing Red Sea crisis, involving attacks by the Iran-supported Houthi group based in […]
African countries are watching closely France’s attempt to impose an EU-wide ban on the export of second-hand clothes, popularly known as mitumba, millions of tonnes of which are exported to the continent each year. France’s lower house of parliament has recently approved a new bill that would gradually impose fines of up to €10-per-item of […]
Armed gangs in Nigeria’s northwest have reportedly kidnapped at least 100 people in a new attack, which comes only days after gunmen seized nearly 300 students and staff from a school. The gunmen attacked two communities in Kaduna state over the weekend, residents and state officials told the media. They seized at least 100 people […]
King Mohammed VI of Morocco has renewed his resolve to continue working with Russia’s re-elected President Vladimir Putin to strengthen relations and partnership between the two countries. This came in a message of congratulations addressed by the Sovereign to Vladimir Putin on his re-election as President of the Russian Federation. In this message, the Sovereign […]