First Independent Mena Newspaper
Canada’s development financial institution, Findev Canada, has approved recently a €20mln loan to the West African Development Bank destined to boost agri-food and renewable energy in West Africa. The loan is the very first agreement between the Canadian financial institution and the West African Development Bank. It will increase financing for agri-food businesses and the […]
Burkina Faso, Chad, Mali, and Niger have welcomed the international initiative announced by King Mohammed VI to enable these African landlocked countries have access to the Atlantic Ocean, a project that will transform the economies of these countries and the entire region. The supportive stand was voiced Saturday in Marrakesh by the Foreign Ministers of […]
Four landlocked countries in the Shael welcomed the initiative launched by Morocco’s king to facilitate their access to the Atlantic coast, a goal that requires investments in infrastructure and a co-development approach. Mali, Niger, Burkina Faso, and Chad expressed at a meeting hosted by Morocco’s foreign minister Nasser Bourita in Marrakech Saturday their gratitude to […]
Mali’s Foreign Minister Abdoulaye Diop affirmed on Saturday in Marrakech that Mali is “strongly engaged” in King Mohammed VI’s international initiative to facilitate the access of Sahel countries to the Atlantic Ocean, pointing out that granting water means granting life, and Morocco has chosen to grant the sea to non-coastal countries. The remarks were made […]
The ministerial coordination on the international initiative of King Mohammed VI to promote access of the Sahel countries to the Atlantic Ocean started this Saturday in Marrakech, with the participation of Mali, Niger, Burkina Faso, and Chad. The royal initiative was unveiled in the speech delivered on the 48th anniversary of the Green March, wherein […]
Morocco and Indonesia signed, Friday, a memorandum of understanding (MoU) to establish a strategic partnership between the two countries. The MoU was signed following talks in Rabat between Morocco’s Minister of Foreign Affairs, Nasser Bourita, and his Indonesian peer, Retno Marsudi. The MoU aims to diversify and expand cooperation areas, notably in matters of security […]
A group of around fifty Brazilian Deputies and Senators have pleaded for an enhancement of the strategic partnership between Brazil and Morocco, while expressing satisfaction with the “remarkable” progress in political and economic relations between the two countries. The plea came in a motion signed by 37 Senators and 14 Federal Deputies and addressed to […]
Moroccan banks continue to show resilience despite challenging global and domestic macro-economic conditions, Fitch Ratings says in a new report focusing on the country’s seven largest banks. Banks have built up healthy provisions buffers since 2020 and are well-placed for a continued recovery in profitability in 2024 amid rising interest rates, says the rating agency. […]
The Russia-Arab cooperation forum in Marrakech urged full respect of the sovereignty and territorial integrity of states and urged non-interference in domestic issues. This came in the final statement of the forum, attended by Russian Foreign Minister Sergei Lavrov and hosted by his Moroccan peer Nasser Boourita. Several states in the region struggle with the […]
The Russian-Arab Cooperation Forum, held in Marrakech at the foreign ministers’ level, welcomed the key role played by King Mohammed VI, Chairman of Al Quds committee, in safeguarding the city of Jerusalem and supporting its people. The forum “supports the role of the presidency of the Jerusalem Committee and its efforts to counter the practices […]