First Independent Mena Newspaper
Sixteen years after Morocco announced its plan to rely on renewable energies for electricity production, the country has offered a model of hope for countries who are burdened by fossil fuel, thanks to large scale solar, wind and green hydrogen projects launched under the leadership of King Mohammed VI. Morocco has increased its renewable energy […]
South Korea’s LG Energy Solution (LGES) considers setting up a factory to make key electric battery component cathodes together with Chinese firms in Morocco, where numerous EV battery factories are under development. Wonjoon Suh, head of LGES’ advanced automotive battery division, told Reuters the company is negotiating partnerships with Chinese LFP cathodes makers, who produce […]
At least 14 countries will trade freely within East, Central, and Southern Africa from this Thursday, July 25, with the coming into force of a Tripartite Free Trade Area (TFTA) Agreement, which flattens the East African Community (EAC), the Southern African Development Community (SADC) and Common Market for Eastern and Southern Africa (COMESA) into a […]
The Group of Friends on Artificial Intelligence for Sustainable Development, co-chaired by Morocco and the United States, organized, in New York, a high-level event on the opportunities offered by artificial intelligence (AI) to support sustainable development in Africa. The event, titled “AI: An exponential opportunity for sustainable development in Africa”, was held Monday at the […]
Stellantis, one of the world’s leading automakers, has announced a two-phase acquisition of Sopriam, a subsidiary of the Al Mada group. The initial phase involves immediate majority control, followed by the full acquisition of 100% of shares by early 2025. Stellantis will now directly handle the import and distribution of its Peugeot, Citroën, and DS […]
King Mohammed VI has spurred a national program that puts the promotion and generalization of social safety nets at the heart of the country’s development model and as a lever of social cohesion. Under orders from the King, the government has gradually rolled out a social protection program that includes mandatory health coverage for all […]
Plans for a pan-African car industry, both for production and a growing consumer market, are gradually moving beyond the talking stage and into the realms of action, with more than half of the continent’s nations likely to take part in the African-wide automotive development. After the European car industry moved much of its production into […]
Twenty-five years ago, no one would have imagined that Morocco’s top exports would be cars. Morocco’s GDP, thanks to the King’s far-sighted approach, has more than doubled in a tough environment reaching some $130 billion, thanks to different economic policies spurred by the King. Industry has helped Morocco reduce dependence on the climate-vulnerable farming sector. […]
Côte d’Ivoire Joined the United Nations Water Convention, a treaty that aims to improve joint water management across borders. The West African country, which faces increasing is the 53rd party to the Convention on the Protection and Use of Transboundary Watercourses and International Lakes, known as the 1992 UN Water Convention. Only 10 African countries […]
Japan Tobacco International launched, on Friday July 19, the construction of its new factory in the Tetouan Park industrial zone, within the Tanger Med industrial platform, to consolidate its presence on the African continent. After creating a regional cluster for North and West Africa, based in Casablanca, which includes the company’s activities in 13 African […]