First Independent Mena Newspaper
Africa has seen a rise in its number of billionaires and its millionaire population is set to rise by 65% over the next 10 years, but at the same time, about 18,700 high-net-worth individuals have left the continent between 2013 and 2023, the 2024 Africa Wealth Report reveals. Published by Henley & Partners, an international […]
The 33rd session of the Food and Agriculture Organization’s Regional Conference for Africa (ARC33) kicked off on Thursday in Rabat, under the chairmanship of Head of Government, Aziz Akhannouch. The three-day conference, held under the theme: “Resilient agri-food systems and inclusive rural transformation”, offers a major opportunity for African countries to discuss practical and concrete […]
Liberia reaffirmed, on Thursday in Rabat, its support for Morocco’s territorial integrity and sovereignty over all its territory, including the Moroccan Sahara. This position was expressed in a joint communiqué issued following talks between Liberian Minister of Foreign Affairs, Sara Beysolow Nyanti, who is on a visit to Morocco, and her Moroccan peer Nasser Bourita. […]
Spanish investors have shown great interest in the untapped business opportunities offered in Morocco’s Dakhla-Oued Eddahab region, a gateway to African market, as Madrid and Rabat are strengthening their economic cooperation and strategic partnership. “Morocco is a regional economic power with a modern and diversified economy and its strategic geographical location enables it to access […]
American companies Kansas Modification Center (KMC), Stratos Industries, and Integrated Aerospace Alliance (IAA) have chosen Casablanca to install their plant specialized in the conversion of Boeing passenger planes into cargo aircraft. The announcement was made lately by the three partners in a joint press release. They chose the North African Kingdom for its political stability, […]
The IMF said Morocco’s economic growth would pick up slightly to 3.1% this year and 3.3% next year, forecasting a return of inflation to pre-pandemic levels. Inflation would stand at 2.2% this year and 2.5% next year, in line with central bank forecasts, the IMF said in its April global economic outlook. Algeria’s growth would […]
Morocco is set to reinforce its battle-hardened air power capabilities through the acquisition of fighter jets and the upgrade of existing ones as well as the purchase of attack helicopters and latest drone technologies. Located in North Western Africa and bordered by a warmongering Algeria that has been instigating the Polisario militias to breach a […]
More investments in the wood processing industries would be conducive to African industrialization and integration, said the African natural Resources Management and Investment Center. In a report, the center highlighted the transformative potential of wood processing across the continent in terms of boosting growth and offering jobs as well as promoting integrated markets. Wood processing […]
Visiting Belgian Federal Minister of the Interior, Annelies Verlinden, and Moroccan Minister of the Interior, Abdelouafi Laftit, have discussed in Rabat Monday means to strengthen bilateral cooperation, and strategic partnership in migration, terrorism, crime, and other sectors of common interests. During the meeting, which was attended by the Belgian State Secretary for Asylum and Migration, […]
Morocco is strengthening its defense and deterrence capabilities by acquiring new military technology, enabling the North African Kingdom to address threats to its national security and regional peace. Moroccan lawmakers have already passed laws allowing the setting up of joint ventures in the defense industry as the country aspires to reduce its dependence on the […]