First Independent Mena Newspaper
Morocco is considering applying anti-dumping measures on tomato paste imported from Egypt, the industry minister said as local industries complain of unfair competition. The agri-food federation noted in a report that Egyptian imports had a far lower price resulting in loss of jobs for the local tomato paste industry, whose sales plummeted by 14%. The […]
The partnership between Morocco and the European Union is “more crucial than ever in the current geopolitical context”, said EU High Representative for Foreign Affairs and Security Policy, Josep Borell. The strengthening of this strategic partnership was the focus of a meeting on Wednesday between Borrell and Minister of Foreign Affairs, Nasser Bourita. “We discussed […]
With sustainability concerns being increasingly understood and recognized across Africa, a new report by the professional services firm PwC calls on stakeholders across the continent to see to implement policies encouraging greener food production methods and the avoidance of food waste. These are required to future-proof Africa’s food supply and to meet the expected future […]
Ghana, the world’s second-largest cocoa producer, considers doubling farmgate price of the crop to combat smuggling amid a global shortage, as the country’s share of the whole sale market price shrinks to 16% from 44% in mid last year. The Ghana Cocoa Board and the country’s government are reportedly muling a significant increase — potentially […]
The U.S. government has decided to finance economic empowerment projects in the Moroccan Saharan cities of Laayoune and Dakhla, confirming Washington’s recognition of Morocco’s sovereignty over its entire Saharan territory. An estimated total budget of $1.5 million has been earmarked for projects seeking to improve employment, labor, and training in the two Moroccan Saharan cities. […]
The European Union’s recently agreed-upon Critical Raw Materials Act (CRMA) does not target China but is aimed “simply [at] diversifying sources of supply,” a senior EU official has said, just as a recent study highlighted the bloc’s continuing efforts to close deals with resource-rich African nations to reduce its dependence on China for critical raw […]
Morocco’s state-owned phosphate OCP Group announced this Tuesday the setting up of a new subsidiary offering farmers customized plant nutrition solutions adapted to the crop, climate, and soil. Dubbed “OCP Nutricrops”, the new entity will leverage the Group’s leading phosphate-based plant nutrition production and distribution capabilities to provide farmers with tailored solutions that preserve soil […]
In this era of geopolitical competition and realignment, India recognizes Africa as a key component in its pursuit of superpower status and the continent is thus becoming a crucial player in New Delhi’s ambitious quest for global economic dominance. India’s multifaceted relationship with African countries is set for a fundamental transformation, as the continent is […]
Industry minister Ryad Mezzour expects the production capacity of Morocco’s automotive sector to increase to 1.5 million cars by 2026. “We will hit the 1 million car milestone next year as Stellatis doubles its production capacity,” Mezzour told Medias24 in an interview. By 2026, Morocco would be able to double its current production capacity to […]
The new European Union anti-deforestation law, which aims at protecting dwindling forests by outlawing products sourced from deforested areas, is closely watched in parts of Africa, with some local traders arguing that the new rules effectively dissuade European companies from purchasing their coffee. Some industry sources have cautioned that the new rules requiring companies to […]