First Independent Mena Newspaper
Danish investor A.P. Moller Capital has agreed to acquire a majority stake in Globex Investissement, a leading Moroccan logistics company, six months after establishing an investment fund dedicated to transport and logistics in Morocco. Under the deal, A.P. Moller Capital’s Emerging Markets Infrastructure Fund II and the APM Capital Morocco Fund will together take the […]
Morocco has been named among the primary markets targeted by a proposed $200 million African energy transition fund designed to finance renewable energy and other low-carbon infrastructure projects across the continent, according to an Environmental and Social Management System assessment by the African Development Bank. The African Transition Acceleration Fund, known as ATAF, is targeting […]
Morocco’s Caisse Marocaine des Retraites (CMR) has announced new measures aimed at simplifying retirement and survivor-pension case management, under Circular No. 8/2026. The goal is to reduce administrative paperwork and speed up the processing of applications for future retirees and their beneficiaries, the pension fund said. The new framework fits within a broader push to […]
Members of the U.S. Embassy’s Economic and Political Sections in Morocco were impressed by the Dakhla Atlantic Port, a strategic project with promising potential to enhance regional connectivity and expand horizons for trade and investment. The announcement of their trip to the Moroccan Sahara was made by the American embassy in a statement posted on […]
Canadian Company “Steadright Critical Minerals” has announced it secured the approval of the Moroccan authorities for its TitanBeach Titanium project covering an area of roughly 4 km by 4 km (about 16 km²) within a wider 192 km² tenure. A 2025 exploration identified ilmenite, titanomagnetite, magnetite, leucoxene and rutile-bearing sands with Fe2O₃ grades up to […]
A widespread power outage hit western, central and southern Libya early Monday after several major electricity generation plants went offline, according to local media and sources. The Zawiya and Khoms power plants in western Libya, along with the Ubari gas-fired plant in the south, were shut down simultaneously. The reasons for the outages remained unclear. […]
Morocco’s foreign exchange reserves reached a record $48.6 billion in 2025, placing the kingdom fifth among African countries, according to a report by the African Export-Import Bank (Afreximbank). The reserves jumped 30.8% in one year, Morocco’s strongest annual increase since 2021, strengthening its buffer against external shocks and improving its capacity to finance imports. Morocco […]
Morocco’s Digital Development Agency (ADD) has launched a review of GITEX Africa four years after the technology event’s launch, seeking to determine whether it is delivering enough value for the country. The agency has hired an external consultant to assess the event’s economic, business, technology and media impact, and to examine how GITEX Africa should […]
Spanish authorities were warned weeks before a mass migrant rush into the occupied city of Ceuta that growing sea arrivals, social media activity and a controversial court ruling could trigger a major escalation, according to border workers’ unions cited by Reuters. More than 70,000 migrants entered or attempted to enter the Spanish enclave within 24 […]
Morocco’s National Federation of Education, affiliated with the Moroccan Labor Union (UMT), has called for massive participation in a demonstration set for Sunday, August 23, outside Parliament in Rabat. In a statement, the union urged its members, education-sector staff more broadly, and anyone concerned with the future of Moroccan schools and universities to join the […]