First Independent Mena Newspaper
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 […]
Russia intends to establish a “grain exchange” with BRICS nations, aspiring to use this trade alliance of nine emerging countries to challenge Western dominance in agricultural trade. While the officially declared purpose of the inter-bloc grain exchange is to facilitate trade between BRICS member states, analysts say that the new alliance actually aims to become […]
Belgian Prime Minister Alexander De Croo has voiced his country’s support for the autonomy plan offered by Morocco for the Sahara under its sovereignty, saying the “serious and credible” effort made by the North African Kingdom is a good basis for reaching an acceptable solution to the Sahara regional conflict. This supportive stand comes in […]
France is gradually tilting towards an outright recognition of Morocco’s sovereignty over the Sahara territory where it said Paris is ready to back Morocco’s investments. The position to back Morocco’s economic projects in the Sahara was first expressed by French foreign minister Stephane Séjourné in February and reiterated this month by French minister in charge […]
Kenya is seemingly taking the first steps to recognize Morocco’s sovereignty over the Sahara territory, following the example of the US and nearly half African states. Last week, Kenya appointed its first ambassador to Morocco Jessica Muthoni Gakinya who told MPs she will attract Moroccan investments to her country and promote Kenyan exports. Meanwhile, Kenya […]
The Madrid Chamber of Commerce is organizing in Madrid on Tuesday, April 16, a Spain-Morocco business forum focused on investment opportunities in the Dakhla region, particularly in sectors such as port industry, tourism, and aquaculture. The Madrid Chamber of Commerce aims to boost Spanish companies’ investments in the Dakhla-Oued Eddahab region. The Spain-Morocco Business Forum, […]
Ghana’s president ordered an increase in farmgate cocoa prices by 58% amid a drop in output due to climate change. Ghana is the world’s second largest cocoa producer with 15% of global output of the key ingredient for chocolate production. “The increase in the producer price of cocoa has become necessary to enhance the income […]
A group of US senators introduced a bill to renew AGOA trade program with 40 nations in Sub-Saharan Africa, to help them maintain duty-free access to the US market ahead of the deal’s expiration next year. The legislation, first enacted in 2000, is expected to be extended until 2041, news agencies reported. Biden’s administration has […]
The strong and growing friendship and cooperation between Morocco and Hungary were reviewed at a meeting held in Marrakech Friday between Head of Government, Aziz Akhannouch, and Hungarian Prime Minister, Viktor Orban, who is visiting the Kingdom. The meeting celebrated the strong and growing friendship and cooperation between Morocco and Hungary, which reflects the commitment […]
Africa’s trade volume is projected to shrink in the first six month of 2024, as the recent attacks by Iran-backed Houthi rebels on commercial vessels will have a huge consequence on the economies of African countries, especially those in North and East Africa, says a new report compiled by Afrexim Bank. As Yemen-based militants continue […]