First Independent Mena Newspaper
French Minister of Industry and Energy Marc Ferracci and the Special Envoy of President Emmanuel Macron for energy partnership Gérard Mestrallet will travel to Ouarzazate to take part in a major energy event scheduled for April 23 with the participation of Moroccan ministers of energy transition and Equipment, Ms. Leila Benali and Nizar Baraka. As […]
The IMF has approved a flexible credit line worth $4.5 billion to help Morocco cushion against external shocks. The two-year arrangement will be treated by Moroccan authorities as precautionary, the IMF said in a statement. “The Moroccan economy has shown a sustained track record of implementing very strong policies and remarkable resilience to recent shocks, […]
The President of the Andean Parliament, Gustavo Pacheco Villar, praised, on Thursday in Laayoune, Morocco’s socio-economic development momentum, particularly in the southern provinces, under the leadership of King Mohammed VI. “Morocco represents a miracle in terms of development at the continental level and serves as a model for African nations,” Pacheco Villar told the press […]
President of the Andean Parliament, Gustavo Pacheco Villar, has expressed his support for Morocco’s territorial integrity and sovereignty over its Sahara, and praised the Kingdom’s commitment to upholding international law. In a statement to the press following a meeting in Rabat Wednesday with Morocco’s Minister of Foreign Affairs, Nasser Bourita, the President of the Andean […]
A clear divide has emerged in Africa’s public-private partnership (PPP) landscape, with five nations, including Morocco and Egypt, establishing themselves as continental leaders while others face significant challenges in attracting and managing private investment for public infrastructure. Morocco, which is part of the leaders’ tier, has developed a holistic strategy centered around landmark achievements in […]
Boluda Towage France, a subsidiary of the global leader in maritime towing “Boluda Corporación Marítima”, and Marsa Maroc, won a tender to ensure towing and assistance activities at Nador West Med port for 20 years, starting from the fourth quarter of 2026. The consortium will establish a joint venture to manage this operating license and […]
In recent years, the Gulf monarchies have pivoted towards a more geo-economic strategy in Africa, diversifying their engagements from security and political interests to economic development, says a new report by the European Council on Foreign Relation (ECFR), noting that the Gulf expansion could also exacerbate the ongoing decline in European involvement in the continent. […]
A recent report by the Mauritius Commercial Bank Group has highlighted the significant barriers posed by Africa’s inadequate transport and logistics infrastructure, which continue to hinder the region’s trade potential. Despite Africa’s growing economy, intra-Africa trade still accounts for a mere 16% of the continent’s total trade. The report, entitled ‘Harnessing Africa’s Trade Potential: Strategies […]
The Tanger Med port complex has achieved a significant environmental milestone by switching to 100% renewable energy as of January 1, 2025, as part of its ambitious plan to reach carbon neutrality by 2030. This initiative is backed by substantial investments of approximately 2 billion dirhams aimed at transforming the port’s energy infrastructure and reducing […]
The World Bank approved the “DREAM” project, a major initiative aimed at supporting the development of energy resources and the mineral sector in Mauritania. With a funding of $82.5 million, the project is set to enhance the country’s energy infrastructure by developing electricity storage systems, advancing battery technology, and fostering the growth of green hydrogen. […]