First Independent Mena Newspaper
Kenya, Egypt, Nigeria, and South Africa have emerged as the top investment destinations in Africa for funding in 2023, as the quartet of markets collectively accounted for a dominant 68% share of the continent’s total investment influx last year, according to a new report. The report entitled ‘The Africa Investment Report 2023’ provides a compelling […]
Morocco’s largest mining company Managem plans to increase its revenue by 50% from 9 billion dirhams currently, as it plans to increase gold and copper production starting from 2025, the company CEO Imad Toumi said. The company has resumed gold production in Sudan which represents 15% of its revenue, Toumi told Medias24. He said the […]
Morocco should prepare to address the challenge of drought and inflation in 2024, the World Economic Forum (WEF) said. In its Global Risks Report, the WEF identified water supply and inflation among the most pressing issue Morocco would face this year as the country braces for the sixth consecutive dry year. Inflation was contained in […]
Morocco and Germany signed, Saturday in Berlin, an agreement to implement the second phase of the “Agricultural and Forestry Technical Dialogue” (DIAF) project, as part of bilateral cooperation between the two countries. The agreement, signed on the sidelines of the Berlin International Green Week, focuses on organic production and exchanges between the two countries in […]
The 19th Summit of the Non-Aligned Movement (NAM) reaffirmed, at the end of its proceedings Saturday in Kampala, Angola, its support for the UN political process concerning the regional dispute over the Sahara, with a view to reaching a “mutually acceptable political solution.” The Heads of State and Government of the Non-Aligned Movement welcomed the […]
Cooperation in the security and migration fields between Morocco and Spain is marked by a “high level of efficiency”, Spanish Interior Minister Fernando Grande-Marlaska said on Friday in Rabat. “Collaboration between Rabat and Madrid is marked by a high level of efficiency, particularly in the fight against irregular migration, human trafficking, drug trafficking and organized […]
Le Salon International de l’Enérgie et du Pétrole en Afrique, better known as SIEPA, is taking place January 23-24 in Dakar, Senegal. It will provide an opportunity to discuss the prospects opened up by this very large gathering. According to the official website of the summit, participants will shed light on energy prospects in Africa […]
The African Development Bank, AfDB, will hold its 59th annual meetings this year in Nairobi from May 27 to 31, the Abidjan-based lender has announced. Topics to be addressed include the lack of climate finance for African priorities and the high cost of capital to invest in sustainable infrastructure for green growth and a just […]
With Chinese lending to Africa shrinking, the continent must focus on increasing its internal trade, diversifying trade-able goods away from commodities, and developing and solidifying its relationships with other global economic partners, according to a senior official at the Asia Business Council. The continent has long had robust economic ties with China, but now faces […]
The world’s leading producer of phosphate fertilizers, OCP Group, has announced the launch of the construction of four photovoltaic plants in the mining cities of Benguerir and Khouribga in Morocco. This large-scale project, with a total capacity exceeding 200 megawatts (MW), represents a crucial step in OCP’s sustainable development strategy, and translates its growing commitment […]