First Independent Mena Newspaper
Morocco as an attractive investment destination was under the spotlights during the 10th edition of “The Africa Debate”, held Wednesday in London. The event, named “Morocco Investment Forum,” provided a platform to promote the wide range of opportunities Morocco is offering in different sectors, mainly renewables, telecommunication, and industry. The event focused on Morocco’s strategic […]
Tanger-Med is the fourth top-performing port in the world, according to the latest global Container Port Performance Index (CPPI). The Moroccan port is ahead of all European and African ports for the second consecutive year. Developed by the World Bank and S&P Global Market Intelligence, the fourth edition of CPPI is based on the biggest […]
The Moroccan government needs to increase its 2024 budget by 14 billion dirhams ($1.4 billion) to meet expenditures linked to subsidizing electricity prices and wage hikes, minister delegate in charge of the budget Fouzi Lekjaa said. In a presentation at the finance committee in parliament, Lekjaa recalled that the government has approved a decree to […]
Russian foreign minister Segy Lavrov is on an African tour leading him to some of the countries that have distanced themselves from Western capitals. Lavrov began his tour with Guinea, which together with some African nations abstained from voting in favor of a UN resolution that calls for a withdrawal of Russian troops from Ukraine. […]
Morocco is convinced that Africa-Korea partnership brings in an important added value to the continent’s socioeconomic development, said Talbi El Alami, Speaker of the House of Representatives, who represents King Mohammed VI at the 1st Korea-Africa Summit convening in Seoul June 4-5. Korea’s technological & scientific progress, economic emergence, and steadfast commitment to the stability, […]
Morocco’s national carrier, Royal Air Maroc, and Etihad Airways of the United Arab Emirates have agreed to enhance their cooperation ties in order to provide their customers more flight options and better services for a memorable travel experience. The agreement, signed Monday, enables travelers of companies to book their entire journey on a single ticket […]
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 […]