First Independent Mena Newspaper
Morocco and south Korea are heading towards the establishment of a legal framework on trade and investment, with the aim to conclude an Enhanced Partnership Agreement (EPA). This was stated in a joint communiqué that was signed in Seoul by the Korean Minister of Trade Inkyo Cheong and Moroccan Foreign Minister Nasser Bourita, who participated […]
South Korea is hosting 48 African nations at a summit in Seoul to discuss cooperation on key minerals and other development projects in the growing African market, where great powers vie to strengthen their influence. Africa is a “crucial partner” for South Korea to further its industrial advances and “cooperation with Africa is not a […]
Morocco and France are preparing to hold their high joint committee on July 4 in Rabat, marking a patch up of ties after a period of silent diplomatic tension, Moroccan media reported. The committee will be co-chaired by Morocco’s Prime Minister Aziz Akhannouch and his French counterpart Gabriel Attal, who will be having his first […]
OCP Group, the world leader in plant nutrition solutions and phosphate-based fertilizers, announced it has finalized a €200 million financing agreement with KfW, Germany’s development and investment bank, to enhance global food security and combat climate change. The KfW loan is a significant contribution towards OCP Group’s $13 billion green investment strategy for 2023-2027 to […]
Morocco’s economic growth is expected to reach 3.5 pc in 2024 and 3.8% in 2025, driven by higher investment, according to latest projections released by the African Development Bank. In its African Economic Outlook 2024 report, the Bank said inflation is projected to fall slightly to 4.1% in 2024 and 3.8% in 2025, as world […]
While many in China and Africa hope that economic cooperation between both sides will continue to expand under a series of initiatives, including the Belt and Road Initiative (BRI), a new report by Carnegie Endowment for International Peace warns that Sino-Africa economic relations will be increasingly impacted by China’s slowing economy. At a recent Africa […]
King Mohammed VI appointed new chiefs in several key energy and logistics institutions. These include the Moroccan agency for sustainable energy MASEN, the electricity and water agency ONEE, Airports authority ONDA, ports agency ANP, and the highways company ADM, a statement by the palace spokesman said following a ministerial council held Saturday in Casablanca under […]
Morocco adopted a draft decree to create two defense industrial zones that will be home to military plants focusing on defense equipment, weapons, and munitions. The announcement was made in a statement made by spokesperson for the royal palace following a minister’s council, held Saturday in Casablanca, under the chairmanship of by King Mohammed VI. […]
King Mohammed VI has been briefed on the progress made in the revamp of enterprises in which the state is a stakeholder with the aim of improving governance, regional influence, promoting investments and territorial development, and enhancing competitiveness. This came in a statement by the spokesman for the Royal Palace following a ministers’ council chaired […]
Moroccan pharmacies start as of this June 1 selling legal cannabis products, notably food supplements and cosmetics, the pharmacies union (CSPM) said. In total, nine cannabis-based food supplements and ten cosmetic products will be available on pharmacy shelves after receiving the greenlight of regulators, Le360 cited CSPM sources. Producers could also sell independently in their […]