First Independent Mena Newspaper
Morocco will share its experience with Senegal in sustainable development and energy transition under an agreement inked Monday in Rabat by the two African brotherly countries. The agreement provides for the know-how transfer, technical assistance and the development of joint projects in good governance in sustainable development governance, climate change, eco-waste management and circular economy. […]
The Atlantic Initiative launched in 2022 by King Mohammed VI of Morocco was expounded at a ministerial meeting, held in New York Monday, under the chairmanship of US Secretary of State Antony Blinken. During the meeting, held under the theme “Partnership for Atlantic Cooperation,” Moroccan Foreign Minister Nasser Bourita made a presentation on the Royal […]
Morocco’s modernization program was highlighted as “ambitious” in an analysis by US think tank Carnegie Endowment for International Peace, which pointed out that the Kingdom has successfully inserted itself into global value chains. “The kingdom’s trajectory in the last quarter century has been characterized by an ambitious modernization program, greater sustainability, and entry into global […]
The European Bank for Reconstruction and Development (EBRD) has approved a €15 million loan to Moroccan car equipment supplier, Tuyauto, which produces stamped metal components, exhaust systems, and heat shields. The loan is guaranteed by the EU through the European Fund for Sustainable Development Municipal Infrastructure and Industrial Resilience program to support the company’s environmental […]
Japan has granted Morocco a $180 million loan to support the kingdom’s development policy program aimed at achieving universal health coverage. The loan is destined to accelerate progress toward universal health access, with focus on improving maternal and child healthcare services in rural areas. It also marks a significant boost to Morocco’s efforts to strengthen […]
The World Bank plans to utilize guarantees to draw more international financing to Morocco, said Hiroshi Matano, Executive Vice President of the Multilateral Investment Guarantee Agency (MIGA). “We believe that these guarantees can help Moroccan borrowers (corporate and public institutions and non-sovereign risk counterparties) diversify their financing sources with private capital,” Matano said in an […]
Africa’s rapid population growth is expected to lead to an increased demand on air travel, with Boeing expecting a robust annual growth rate of 6.4% in passenger traffic across the continent. Boeing, in its latest commercial market outlook, expects Africa’s commercial fleet to more than double by 2043. Regional aviation associate AFRAA estimates there will […]
Morocco and China signed, on Wednesday in Rabat, a memorandum of understanding establishing an executive program for cooperation in the field of water resources, covering the period 2025-2027. The executive program provides for exchange of experiences, strengthening human and institutional capacities, drafting cooperation projects, and coordinating the implementation of special training programs in the water […]
Senegal’s new president, Bassirou Diomaye Faye, is walking a financial tightrope. Just five months into the job, he has called for snap elections on November 17, dissolving the opposition-led parliament. But this political shake-up could not come at a trickier time for the economy. The numbers are not looking great. Economic growth has slowed to […]
Morocco’s National Center for Nuclear Energy, Science and Technology (CNESTEN) and the International Atomic Energy Agency inked two major partnership agreements in Vienna on Monday. The agreements were initialed by CNESTEN and IAE Director Generals, Hamid Marah and Rafael Mariano Grossi, on the sidelines of the Agency’s 68th General Conference. The first agreement concerns the […]