First Independent Mena Newspaper
Ambassadors from several African countries hailed, Wednesday in Dakhla, the “credibility” and “boldness” of King Mohammed VI’s initiative to promote Sahel countries’ access to the Atlantic Ocean. “Despite the security challenges facing Sahel countries, Morocco, through the Royal Initiative, strives to make the Atlantic coast a large-scale economic integration center,” they stated during a panel […]
USAID chief Samantha Power has announced the launch of a new initiative destined to help Moroccan vulnerable cooperatives and entrepreneurs in rural areas adapt to climate change, grow their economic activities, and build resilience to climate shocks and water scarcity. The announcement of the new Cooperative Resilience Program was made by Smantha at the Mohammed […]
Preparations are underway to launch 5G internet service in Morocco before 2030, when the country will co-host the world cup together with Spain and Portugal, digital transition and administration reform minister delegate Ghita Mezzour said. The official told MPs that the launch of 5G is part of Morocco’s 2030 digital strategy, and that the new […]
Africa’s cotton industry is expected to grow to 7.7 billion dollars by 2029, from a market size of 6 billion dollars in 2024, Mordor Intelligence, a global market screener said. The World Bank and other development institutions are assisting key African producers to boost output. Nearly 50% of African cotton is produced in wet African […]
Senegal’s newly elected president Bassirou Faye said he will seek the re-integration of military ruled Mali, Niger, and Burkina Faso to the Western African community ECOWAS. The three states have jointly announced their withdrawal from the ECOWAS, in protest over sanctions it imposed on them to pressure for a return to constitutional order. “We can […]
Morocco’s spending on social assistance would amount to $9 billion, representing some 8% of the country’s GDP, minister in charge of the Budget Fouzi Lekjaa said. Lekjaa was speaking before MPs explaining the logic behind cutting cooking gas prices, which come after a series of measures aiming to boost purchasing power of poor and middle-class […]
Morocco offered a donation of 200 tons of fertilizers to 10,000 households in Guatemala, where nearly half the labor force depends on agriculture, Morocco’s diplomatic mission said. Guatemalan agriculture minister Maynor Estrada said the donation was consistent with efforts to develop farming and fight poverty in agriculture-dependent areas. Moroccan ambassador to Guatemala Tarik Louajri said […]
Following targeted cash-handouts to needy households, Morocco has cut by 10 dirhams the subsidized price of a cooking gas cylinder, in a move that will alleviate the subsidies burden. The decision- that entered into force on May 20- marks the first subsidies cut in a gradual process that aims at breaking away with general subsidies. […]
Morocco and the World Bank (WB) signed in Rabat Monday the Rapid Response Option (RRO) agreement, a significant step in enhancing the Kingdom’s capacity to swiftly address emergencies and provide crucial support to its citizens. The agreement was signed by Minister of Economy and Finance, Nadia Fettah, and WB Country Director for the Maghreb and […]
Tanger Med Port has seen volumes handled up 10% in the first quarter this year, compared to last year when it posted a record performance both in terms of containers and tons, wrote Le Monde. The port continues to be the largest in the Mediterranean, outperforming competitors such as Barcelona and Algeciras, the French daily […]