First Independent Mena Newspaper
The Republic of Azerbaijan has reaffirmed its strong steadfast support for Morocco’s territorial integrity and full sovereignty over its entire Sahara. The supportive stand was voiced by the government of Baku during the 2nd meeting of the Joint Cooperation Commission held Monday in Rabat under the co-chairmanship of Moroccan foreign minister Nasser Bourita and his […]
The Mohammed VI Investment Fund (FM6I) and the African Development Bank (AfDB) signed a Letter of Intent, aimed at increasing funding sources for productive investment and strengthening the role of the private sector in Moroccan economy. This partnership, sealed on the sidelines of the Africa Investment Forum 2023, held last week in Marrakech, will allow […]
The “Riyadh Declaration” issued at the end of the Saudi-African Summit, held on Friday, stressed the importance of strengthening cooperation in the fields of air and sea transport, as well as logistics services, to serve the mutual interests of both parties. The Riyadh Summit will thus have interacted positively with King Mohammed VI’s forward-looking vision […]
Morocco was ranked among the top 16 countries with the world best road network following a study by a New Jersey based media. With a mean speed score of 95, Morocco was ranked as the 16 country with the world’s best roads, said the media InsideMonkey.com in a study that looks at the world’s 20 […]
Ondas Holdings Inc., a leading provider of private industrial wireless networks, commercial drones & automated data solutions, announced Thursday it has signed a deal with Maghrebnet, a Moroccan vendor specialized in information technologies, security, networks, telecoms and renewable energies. Through this partnership, Ondas expands into the Moroccan and broader North African market, offering advanced drone […]
Morocco plans to build a second 60 km-long waterway to meet the needs of Tangier whose dams have been hit by consecutive droughts. The new infrastructure will be able to supply up to 600 million cubic meters of water to Tangier from the dam of Oued Makhazine, le360.ma cited water department officials as saying. The […]
the European Investment Bank (EIB) will extend the Mohammed VI Fund for Investment (FM6I) a new financing package worth €500 million. The Mohammed VI Fund for Investment (FM6I) and the European Investment Bank (EIB) have signed a mandate letter covering a financing package of 500 million euros for the Fund. The financing-related mandate letter, signed […]
The European Union, EU, is poised to renew its current fisheries agreement with Mauritania coming to an end next year, Spain’s Minister of Fisheries Isabel Artem reportedly indicated Wednesday November 8. Both sides inked in November 2021 the agreement that allows the European fleet to access Mauritanian waters for the fishing of approximately 290,000 tons […]
The Canada–African Development Bank Climate Fund (CACF) provides Moroccan OCP group a $18 million concessional loan to support the construction of three seawater desalination plants. In a press release issued Tuesday, CACF said the funding is destined to advance Morocco’s climate adaptation efforts as the projects will enable the North African Kingdom to produce and […]
King Mohammed VI has called for bold and innovative initiatives to encourage private entrepreneurship avail the huge business opportunities offered in the African Continent. In a message addressed to participants in the 4th Africa Investment Forum, which opened in Marrakech under the theme: “Unlocking Africa’s Value Chains”, the Monarch urged African countries to adopt an […]