First Independent Mena Newspaper
A gas pipeline that will connect Nigeria to Morocco has reached the land acquisition stage, the Nigerian National Petroleum Company Limited (NNCPL) said. Surveys are currently underway for Environmental and Social Impact Assessments of the project that will cost some 25 billion dollars and benefit 13 countries in West Africa. The update was given at […]
The International Monetary Fund (IMF) has projected that Libya will lead the Arab world in economic growth by 2025, anticipating an impressive growth rate of 13.7%. According to a recent report from the IMF, Libya’s economic growth is expected to escalate from a modest 2.4% in 2023 to this remarkable figure in 2025, positioning the […]
Norway, South Korea, the United Kingdom, and the United States have officially launched a multi-donor “fund of funds”, known as FASA, whose aim is to address the financing challenges faced by agricultural small and medium-sized enterprises (agri-SMEs) across Africa. Over the next 10 years, the “Financing for Agricultural Small and Medium Enterprises in Africa” Fund, […]
Morocco and Mauritania have voiced their shared determination to upgrade their military and defense cooperation. This came during a meeting held in Marrakech between Inspector General of the FAR and Commander of the South Zone, Mohammed Berrid, and Mauritanian Minister of Defense Hanena Ould Sidi, on the sidelines of Marrakech Air Show 2024. The meeting […]
Moroccan military and defense cooperation with the United Arab Emirates and Cape Verde was discussed on the sidelines of Marrakech Air Show 2024 held October 30 through November 2. In this connection, Inspector General of the FAR and Commander of the South Zone, Lieutenant General Mohammed Berrid, held separate meetings Thursday with Chief of Staff […]
The Moroccan government and Boeing signed a partnership agreement to set up an African Center for Manufacturing Excellence (ACME), as the North African Kingdom seeks more technology transfer to develop its fast growing aerospace sector. The deal was signed at the opening of the Marrakech Air Show which brings together 200 exhibitors from different aerospace […]
Moroccan industry and investment departments signed an agreement with Brazilian aerospace giant Embraer to develop joint projects in the commercial and defense as well as urban aviation. The Memorandum of Understanding was signed at the opening of the Marrakech Air Show which brings together 200 exhibitors from different aerospace industries as well as 100 delegations […]
The support by French President Emmanuel Macron of Morocco’s sovereignty over the Sahara, opens promising prospects for French investments in the territory. Speaking to a Moroccan French business summit, during his state visit to the Kingdom oct. 28-30, President Macron urged more French investments across Morocco, including the Sahara, which he said, “is part of […]
Saudi Arabia promised $41 billion worth of investments in Sub-Saharan Africa, Saudi finance minister Mohammed bin Abdullah Al-Jadaan said. The investments include a $1 billion development program for Africa, $5 billion for startups from the Saudi Development Fund over the next decade, and $10 billion in financing from the Saudi Export-Import Bank. Additionally, private sector […]
Morocco signed two military and technical cooperation agreements with Azerbaijan and the Czech Republic covering areas of training, defense industry, technical assistance, exchange of expertise, military health and cybersecurity. The agreements were signed in a ceremony attended by minister delegate in charge of defense Abdeltif Loudiyi, Moroccan Army Commander of the Southern Zone Mohammed Berrid, […]