First Independent Mena Newspaper
One month after a devastating earthquake, Moroccans jubilated at the news of the country co-hosting the 2030 together with Spain and Portugal. Beyond the sports significance, the tournament will give a much needed boost to Morocco’s economy as it forges ahead with earthquake reconstruction and as it also plans to meet its new development model […]
Former British Foreign Service Officer, Arthur Snell, has described Morocco as a rising power, saying the country, which was rocked last month by powerful quake, remains undeterred and is now preparing to host the IMF-WB annual meetings from 9 to 15 October 2023. In an Op-Ed posted by U.S. Newsmax TV channel, Mr. Snell, who […]
Togo and the Arab Bank for Economic Development in Africa (BADEA) signed Thursday a $16 million loan earmarked to provide support for the West African country’s Small and Medium Enterprises (SMEs). Togo’s Finance Minister Sani Yaya and the BADEA President Sidi Ould Tah inked the financing deal on the sidelines of the ongoing Africa SME […]
The International Monetary Fund (IMF) has announced that sub-Saharan Africa will be allocated a third seat on the global lender’s executive board, while the World Bank has warned the central banks in Nigeria, Ethiopia, and Uganda not to overplay their hand in getting involved in risky monetary initiatives. Sub-Saharan Africa will have a “stronger voice” […]
King Mohammed VI has appointed this Thursday Fouzi Lekjaa, President of the Royal Moroccan Football Federation (FRMF) Chairman of the World Cup 2030 Committee, the Royal Office said in a statement. The appointment came during an audience the Sovereign granted to Lekjaa who doubles as Minister Delegate in charge of the Budget. The appointment follows […]
The 2030 World Cup in Portugal, Morocco and Spain “will be a success from every point of view”, Portuguese Prime Minister Antonio Costa said. The decision of the FIFA Council to unanimously select the Morocco-Spain-Portugal bid as the sole candidate to organize the 2030 World Cup “will be yet another demonstration of our capacity and […]
Morocco’s interaction with the recommendations of the Human Rights Council (HRC) is strictly guided by the principles and provisions of the Constitution and by international human rights conventions ratified by the Kingdom, according to a report presented on Wednesday in Rabat by the ministerial delegation for Human Rights. The report on Morocco’s interaction with treaty […]
Morocco’s bid to host the 2030 FIFA World Cup with Spain and Portugal is “a message of peace, tolerance, and inclusion,” emphasized FIFA President Gianni Infantino. “Two continents – Africa and Europe – united not only in a celebration of football but also in providing unique social and cultural cohesion. What a great message of […]
New York-based investment banking company Morgan Stanley has moved Egypt’s sovereign credit to a “dislike stance” from a “neutral” rating and noted that the cash-strapped country will face what it termed “mounting risks” in the coming months, Bloomberg reports. The bank argued that the upcoming December elections exacerbate the situation. The planned polls in which […]
Mauritania’s minister of Oil, Gas and Mines Nani O. Chrougha Tuesday October 3 reminded British Petrolium (BP) to abide by requirements and commitments taken in the execution of “Grand Tortue Ahmeyime (GTA)”, a Liquefied National Gas (LNG) project situated on the border with Senegal. BP owns 56 per cent of project in which both Mauritania […]