First Independent Mena Newspaper
Senegal’s new president Bassirou Diomaye Faye said his country needs a new “rethought” partnership with European countries, part of his electoral promises to review deals signed with gas and oil extractors. Faye has often used “the protection of national sovereignty” as a salient slogan in his electoral campaign which ended month-long crisis and safeguarded a […]
Africa’s most populous nation is eying a $2 billion World Bank loan to help address pressing challenges and back up hard currency reserves, the government said. The country qualifies for the financing and has the support of other regional banks such as the African Development Bank, Nigerian finance minister Wale Edun said on the sidelines […]
Morocco is building a new multidimensional development model, based on democracy, economic growth and human development, says World Trade Organization in its review report of the country’s trade policy. Since 2016, Morocco’s economy has experienced steady growth, notwithstanding cyclical fluctuations. Its average growth rate stands at 2.1%, thereby consolidating its position as an emerging economy […]
Crown Prince Moulay El Hassan chaired, in Meknes on Monday, the opening ceremony of the 16th International Agricultural Fair in Morocco (SIAM), held April 22-28, under the theme “Climate and Agriculture: Advocating Sustainable and Resilient Production Systems” and featuring Spain as guest of honor. At the start of the opening ceremony of this 16th edition, […]
The US is planning to counter China’s strategy regarding rare metals in Africa through investing in a rail project connecting copper and cobalt mines in central Africa to Lobito port in Angola. The new route, which could potentially extend to Zambia, offers an alternative route to export rare metals to the Chinese controlled outlets. It […]
Morocco’s phosphates and fertilizers giant, OCP, plans a bond issue ranging between $1.5 billion and $2 billion as it launched major investments in renewable energies, desalination, green hydrogen, and ammonia. The news, relayed by Medias24 and major news agencies, marks the first bond by OCP since it announced an ambitious growth strategy of about $12 […]
Morocco is one of the friendly countries on which Mali relies to pursue its reconstruction and stabilization, Malian Prime Minister, Choguel Kokalla Maïga, said. Maïga made the remarks when receiving the Moroccan delegation which participated in the Week of Malian Expert Surveyors (April 18-20), where the Kingdom was the guest of honor. The Malian PM […]
Royal Air Maroc and Safran have agreed to foster their partnership in aircraft engines maintenance, the backbone of a secure and reliable air travel system. The agreement was inked in Casablanca by Hamid Addou, CEO of RAM, and Jean-Paul Alary, CEO of Safran Aircraft Engines, in the presence of Mohamed Abdeljalil, Minister of Transport. Safran […]
RAM has tendered on April 15 to buy a new fleet of planes as the company opens new routes and braces for an increasing demand by tourists on Morocco destination. The news was confirmed to Reuters by RAM CEO Abdelhamid Addou, who said the airlines plans to quadruple its fleet from 52 over the next […]
Hunger levels in Africa are following a worrying trajectory despite the continent’s potential in terms of arable land and abundant resources, FAO chief QU Dongyu said. The lingering impact of the Covid 19 pandemic, raging conflicts, the adverse effects of climate change and economic shocks have worsened hunger prospects in Africa, Dongyu told the 33rd […]