First Independent Mena Newspaper
South Korea is planning to sign Free Trade Agreements (FTAs) with seven emerging countries, including Morocco, to boost growth momentum and diversify its trade portfolio. The announcement was made Friday by the South Korean Ministry of Trade, Industry and Energy, which affirmed that Seoul is planning to ink FTAs with Morocco, Kenya, Tanzania, Thailand, Pakistan, […]
Morocco will start offering direct financial aid to poor families before the end of the year as part of a program to foster social safety nets, head of the Moroccan government Aziz Akhannouch said. Speaking at the first cabinet meeting after the summer break, Akhannouch said the government would distribute the aid on the basis […]
Morocco has stepped up its raspberries exports becoming the top supplier for key markets such as the UK where it sold $86 million in 2022 of the reddish-pink fruit, specialized farming website East Fruits reported. Morocco’s raspberries exports to the UK grew 40 times to 15,800 tons this season as many Moroccan farmers see opportunities […]
France has emerged as Cameroon’s leading wheat supplier, ahead of Russia which has seen its supplies shrink by 65 per cent, per data published by the country’s statistics agency. Russia as late as 2020 was Cameroon’s largest supplier with 396,000 tons but the figure slumped to 138,000 last year. Cameroonian wheat buyers according to the […]
As was expected, the BRICS put Algeria in its place by rejecting its long sought after bid to join the group, which announced it will welcome six new countries with a diversified and higher growth economies. The group agreed to admit Saudi Arabia, Iran, Ethiopia, Egypt, Argentina, and the United Arab Emirates following its summit […]
Morocco has donated 100 tons of fertilizer to El Salvador to support the country’s agricultural development, according to an announcement made Wednesday by the government of this Central American country. The shipment arrived at the port of Acajutla wherein the fertilizer was placed in a storage facility ahead of its distribution to farmers. Salvadoran Deputy […]
The African Airlines Association (AFRAA) and the International Air Transport Association (IATA) have extended their collaboration to aid Africa’s economic growth through a safer, more connected, and sustainable aviation industry. AFRAA’s Secretary General Berthé and IATA regional vice-president for Africa & Middle East Kamil Alawadhi signed a “Letter of Intent” for the renewal of the […]
The leaders of the BRICS countries meeting at its three-day summit in Johannesburg have reportedly agreed on a roadmap for how to allow new states to join their group of emerging economies. “We have agreed on the matter of expansion,” South African Foreign Minister Naledi Pandor said and added that further details would be provided […]
The European Bank for Reconstruction and Development (EBRD) announced on Wednesday it has launched the second phase of its “Star Venture” program to support the growth of 8 Moroccan startups. The program, financially supported by Korea, aims to identify high-potential startups and mobilize global expertise to help them develop rapidly, the EBRD said in a […]
Japan has secured deals with five African countries in a move aimed at mitigating Tokyo’s reliance on China for critical minerals, which comes as strategic competition between Western allies and China for access to key raw materials used in high-tech industry heats up. Japan’s Economy, Trade and Industry Minister Yasutoshi Nishimura, accompanied by Ichiro Takahara, […]