First Independent Mena Newspaper
Morocco’s planning agency HCP said drought would ditch this year’s growth rate to 3% from an earlier estimate of 3.4%. The rate is almost similar to that of the IMF, which expected the economy to grow 3.1% this year. HCP expects the economy to recover to 3.4% in 2025, on the hypothesis of a close […]
Russia and Turkey have recently strengthened their nuclear footprint in Africa, the former by inking a nuclear deal with the Congo and the latter through reported efforts by to acquire some of Niger’s uranium assets to support its growing nuclear-power industry. After being involved in several nuclear deals across Africa, Russia’s state company Rosatom which […]
Moroccan economy has shown resilience and has accelerated, with real output increasing by 3.4 percent in 2023, according to the World Bank’s latest economic monitor for the country. “Despite various obstacles, including a slowdown in the global economy, an inflation shock, and the Al Haouz earthquake, Moroccan economy has shown resilience and has accelerated with […]
Morocco and Japan have expressed their shared will to bolster their cooperation in sea fisheries and aquaculture. During the 38th Morocco-Japan Annual Fisheries Consultation, held this week in Rabat, the two parties have expressed their commitment to contribute to the sustainable management of fisheries resources, the Ministry of Agriculture & Fisheries, said in a press […]
The US State Department has highlighted the assets that make of Morocco a magnet for foreign investments, such as its positive macro-economic policies, trade liberalization, and structural reforms. “Morocco actively encourages and facilitates foreign investment, particularly in export sectors like manufacturing, through positive macro-economic policies, trade liberalization, investment incentives, and structural reforms,” said the US […]
Morocco’s top port operator, Marsa Maroc, said it will operate terminal 1 and 5 in Cotonou’s port after winning an international tender issued by the company in charge of cargo handling, Société Béninoise des Manutentions Portuaires (SOBEMAP). Marsa Maroc saw its shares in the Casablanca stock exchange surge following the announcement which marks the first […]
The Royal Air Maroc (RAM) CEO Abdelhamid Addou recently visited Boeing’s facilities in Seattle, USA, following an earlier similar meeting with Airbus in Toulouse, France. These visits, according to the Moroccan website Aeronautique, are part of RAM’s efforts to finalize an order for 188 new aircraft, aligning with Morocco’s tourism strategy for 2023-2026. RAM delegation […]
The UAE will resume issuing visas to Nigerian nationals following a ban that was imposed in 2022, after Nigerian authorities prevented Fly Emirates from repatriating funds. The decision was announced by Nigeria’s information minister Mohammed Idris, who added that the two countries would resume direct flights. “I can tell you that the agreement has been […]
Germany’s top diplomat has talked up the prospect of closer political ties with Senegal and the Ivory Coast, two of the last democracies in a region otherwise plagued by sectarian conflict, in the latest attempt by a senior EU politician to rebuild the bloc’s political influence in West Africa. Germany’s Foreign Minister Annalena Baerbock is […]
The Moroccan government said it offered construction aid to 95% of the households whose homes were completely or partly destroyed in the violent earthquake that ravaged villages in the High Atlas Mountains in September 2023. So far, 56,000 families received financial aid to rebuild their houses for a total cost of 1.4 billion dirhams ($140 […]