First Independent Mena Newspaper
The Africa Export-Import Bank, or Afreximbank, has incorporated 11 African central banks into its flagship Pan-African Payment and Settlement System (PAPSS) that offers an alternative in which participants can conduct transactions in their currencies, eliminating the necessity for a third-party currency such as the US dollar. The PAPSS is one of the Afreximbank’s efforts aimed […]
Morocco’s OCP Group, the world’s largest phosphate-based fertilizer producer, the Mohammed VI Polytechnic University (UM6P), and Regrow, an American startup invested in the agricultural field, last week, signed a strategic partnership to develop a Measurement, Reporting and Verification (MRV) system specific to African soil. The system is based on the “DNDC” (DeNitrification-DeComposition) biogeochemical model, a […]
King Mohammed VI has called for launching an international initiative to help Sahel countries access the Atlantic Ocean. In a speech marking the 48th anniversary of the Green March he delivered Monday evening, the King recalled the difficulties facing African sister countries in the Sahel. Such issues “will not be solved by security and military […]
Morocco’s King Mohammed VI urged an upgrade of Morocco’s Atlantic coast, highlighting its role in terms of human interaction and economic integration at the continental and international levels. “Just as the Mediterranean links Morocco to Europe, the Atlantic coast is our gateway to Africa and the Americas,” said the King in a speech marking the […]
King Mohammed VI delivered, this Monday evening, a speech to the nation on the commemoration of the 48th anniversary of the Green March. Here follows the full text of the Royal Speech: “Praise be to God, May peace and blessings be upon the Prophet, His Kith and Kin Dear Citizens, The Green March, of […]
The US President Joe Biden endorsed the extension of the African Growth and Opportunity Act (AGOA) upon its expiry in September 2025. “I strongly support re-authorization of the African Growth and Opportunity Act — a landmark, bipartisan law that has formed a bedrock for US trade with sub-Saharan Africa for more than two decades,” said […]
Morocco will host nine matches this current November, as part of the opening rounds of the African qualifiers for the 2026 FIFA World Cup, which will be co-hosted by the United States, Canada, and Mexico. The Royal Moroccan Football Federation has stated in a post on its website that within the framework of activating the […]
President of the Moroccan Economic, Social and Environmental Council (CESE), Ahmed Réda Chami, called Friday, for an overhaul of the European vision vis-à-vis Africa, based on cooperation that “promotes co-development rather than extractivism.” Economic cooperation models between Europe and Africa should be reconsidered and re-oriented towards inclusive economic policies, promoting fairer trade, Chami said at […]
The U.S. Department of Commerce has decided to lower import duties on Moroccan phosphate fertilizers from 19.97% to 2.12%. U.S. farmers hailed the decision saying it will help ease the pressure and decrease fertilizer prices. The decision, which was announced Thursday, comes after Commerce officials conducted an administrative review on the countervailing duties (CVD) imposed […]
U.S.-Morocco Africa Working Group, part of U.S.-Morocco Strategic Dialogue, met on Monday in Washington to discuss mutual efforts across the African continent to promote regional stability and security. The meeting was co-chaired by Principal Deputy Assistant Secretary of State for African Affairs Jonathan Pratt, Deputy Assistant Secretary of State for Near Eastern Affairs Joshua Harris, […]