First Independent Mena Newspaper
Zambia reiterated its support for Morocco’s territorial integrity and sovereignty over all its territory, including the Moroccan Sahara, and underlined the relevance of the Moroccan Autonomy Plan as the “only credible, serious and realistic solution” to the Sahara issue. This position was expressed in a Joint Communiqué issued Friday following talks in Rabat between visiting […]
The West has for long advocated free trade, but as globalization wanes serious trade protectionist measures are implemented in the EU in particular, targeting industrial goods from Morocco and other developing nations, trade minister Ryad Mezzour said. Mezzour, was speaking to an international conference in Dakhla, when he deplored the recent measures by Italy to […]
Morocco’s experience in integrating fiscal and monetary policies to manage shocks and build resilience was highlighted during the joint annual meetings of Arab financial institutions, held in Cairo on Thursday, Minister of Economy and Finance, Nadia Fettah, who was speaking at a panel on “Financial sector policies for managing shocks and building resilience under uncertainty” […]
OCP Africa, an offshoot of the Moroccan fertilizer producer giant OCP, participated in the launch of the Climate Resilient Wheat Value Chain Development Project in Ethiopia. The launch event, held earlier this week, was attended by Ethiopia’s Agriculture Minister, Girma Amente, as well as partners such as the African Development Bank (AfDB), The Netherlands and […]
Between 40% and 80% of the maize harvest has been destroyed by El Nino-induced drought in southern Africa, the UN World Food Programme Executive Director Cindy McCain said. “I met farmers who usually grow enough to feed their families and communities. This year they harvested nothing. Now imagine a similar scenario for millions of people […]
Morocco is set to take advantage of its improving macroeconomic situation by tapping into the bond market, more than a year after its successful $2.5 billion bond, Nadia Fettah Alaoui said. The bond would strengthen state finances and help cut the deficit, Fettah Alaoui told Bloomberg. “We are constantly monitoring the market.” “We do not […]
Moroccan banks operate in 30 African countries where they generate 23% of their revenue, Moroccan central bank governor Abdellatif Jouahri said while speaking about investments by Moroccan firms in the continent. Speaking at an event on the Atlantic initiative, launched by King Mohammed VI to bolster regional integration, Jouahri highlighted the monarch’s win-win approach in […]
Administrator of U.S. Agency for International Development, Samantha Power, has praised Morocco’s inclusive development, good governance and education reform to meet the needs of the labor market. At a meeting held Wednesday in Rabat with Moroccan foreign minister Nasser Bourita, the USAID chief commended Morocco’s efforts made to reduce greenhouse gas emissions, enhance youth empowerment […]
Morocco is looking forward to benefiting from the experience and know-how of Serum Institute of India in vaccine manufacturing and biotechnology to ensure its vaccine sovereignty. Cooperation prospects between the North African Kingdom and the Indian Institute were at the center of a meeting held Tuesday in Rabat between a delegation representing the world’s largest […]
Côte d’Ivoire, the world’s top cocoa producer, has risen to the top spot as the best-rated sovereign in sub-Saharan Africa with foreign debt outstanding, overtaking South Africa, according to the latest S&P Global Ratings. While both countries maintain their BB- ratings by S&P Global Ratings, Côte d’Ivoire shifted to positive on what the ratings company […]