First Independent Mena Newspaper
Credit Suisse has lost its bid to block the lawsuit filed by the Government of Mozambique against the Swiss bank for its role in the 2 billion dollar scandal known as the “tuna deal”, and will thus be brought to trial in October. A UK high court judge on Monday (4 July) refused to strike […]
Morocco’s private investment fund Al Mada said it has set up an international food industry subsidiary focusing on Africa, dubbed Teralys. As part of its goal to promote food industry in Africa in a way that is conducive to regional integration, Teralys signed an agreement to acquire a majority stake in Senegal’s Patisen, Al Mada […]
Italy said on July 5 it backs Morocco’s “serious and credible efforts” to find a lasting solution to the regional dispute over the Sahara territory. The position was expressed by Italy’s foreign ministry during a visit to Rome by Morocco’s foreign minister Nasser Bourita. The Italian clear-cut position in support of a solution on the […]
Immigration from Africa to the United States has increased dramatically in the past three decades and these migrants turned to the US in pursuit of safety, opportunities and economic prospects, according to two latest studies on this topic. As the US commemorates 247 years of independence on Tuesday (5 July), African immigrants celebrated Independence Day […]
Congo aims to capitalize on increased germanium demand, created by export limits on gallium and germanium recently imposed by China, by establishing a new production unit, positioning itself as a valuable source of the semiconductor material. Invoking national security concerns, Beijing on Monday (4 July) announced export limits on select gallium and germanium components, raising […]
A court of the Tunisian second city of Sfax indicated Wednesday that four Tunisians have been arrested and indicted for housing illegal migrants, local media ‘Tunisie Numerique’ reports. The spokesman of the Court of First instance of Sfax reportedly indicated 33 illegal migrants were arrested and four other Tunisians also detained for housing them. The […]
Josep Borrell Fontelles, the High Representative of the European Union for Foreign Affairs and Security Policy, announced Wednesday, the bloc will provide Niger with 66 million euro earmarked to back the West African country’s national budget. Borrell made the announcement following a meeting with President Mohamed Bazoum. He also argued that the support could be […]
Norwegian renewable power producer Scatec ASA will build a 5 gigawatts wind power plant in the Egyptian city of Sohag, near the Nile, following a $5 billion deal signed with the Egyptian ministry of Electricity and Renewable Energy. In line with the deal, the two sides signed Wednesday an agreement for Egypt’s New and Renewable […]
The government of Italy has recognized Morocco’s “serious and credible efforts” made for reaching a lasting and peaceful solution to the Sahara issue, dealing a hard blow to Algeria and its polisario puppet. The supportive stand was expressed in the Action Plan for Multidimensional Strategic Partnership inked Wednesday in Rome by Moroccan foreign minister Nasser […]
Morocco has secured its position in the global ranking of military powers, earning the 61st spot out of 145 countries, according to the latest report released by Global Firepower (GFP). With a score of 1.0524, Morocco stands out for its military modernization, strategic alliances, and advantageous geographical location. The GFP’s ranking system, known as PowerIndex, […]