First Independent Mena Newspaper
Clients of Moroccan banks can now enjoy instant transfers in real time and for free over the next three months, Morocco’s central bank said in a statement. The time-span for transfers between clients of Moroccan banks would now take no more than 20 seconds provided it is capped at 20,000 dirhams, it said. The initiative […]
The innovative cubipods designed & engineered by the Spanish construction company OHLA will be used in the Moroccan ports of Casablanca and Dakhla. In a press release issued Wednesday, OHLA said it signed contracts for the use of its cubipods in two Moroccan ports. Cubipod is a precast element made of mass concrete used to […]
Kenya’s President William Ruto has called on African leaders to take first steps towards ditching the US dollar as the world’s reserve currency by adopting a pan-African payments system to facilitate trade within the continent. Ruto has urged his African counterparts to mobilize central and commercial banks to join the Pan-African Payments and Settlement System […]
As the EU executive is adopting intermediate proposals in its international climate policy as outlined in the European Green Deal, this will have serious and multifaceted implications for Africa, according to a recent study by Eastern Africa Farmers Federation (EAFF). The Green Deal provides a road map for a socioecological transition to a low-carbon future […]
While 69% of Africans support democracy and more than 70% agree that there should be term limits, according to the latest Afrobarometer surveys, recent developments in the Central African Republic (CAR) and Burkina Faso have demonstrated that the democratization process in some African states is still facing huge challenges. Speaking at a workshop on ‘Democracy […]
The world is celebrating this week the launch in Marrakech of GITEX AFRICA, the largest tech & startup event in the continent which is hosting its very own tech gathering that unites every community in the innovation ecosystem across Africa. The 2023 GITEX Africa Digital Summit, one of the largest tech and startup show in […]
German Leoni firm, a global leader in cables and wiring systems, is enhancing its presence in Morocco thanks to the country’s political stability and rapid growth of its automotive industry. The German company has pledged to invest over $92.1 million in six projects to create 7100 jobs in the country under deals signed in presence […]
Morocco needs to create conditions propitious for the emergence of medium sized industries that are well-integrated in the domestic market in order to bolster the value added of the job market and absorb job seekers leaving the primary sector, head of Morocco’s planning agency HCP said. Speaking at the presentation of a recent study on […]
The United States has commended Morocco’s role in the fight against the proliferation of weapons of mass destruction (WMD) in Africa. The praise was voiced by US Under Secretary of State for Arms Control and International Security, Bonnie Jenkins, during the opening session of the high-level political meeting of the Proliferation Security Initiative (PSI), […]
The European Union is Africa’s most important trading partner and while both continents stand to gain from closer commercial relations, trade between Europe and Africa suffers from a broad misalignment in trade policy priorities, David Luke, professor at the London School of Economics & political Sciences, argues in his new book on African trade. While […]