First Independent Mena Newspaper
The association of Moroccan fruits and vegetables producers (APEFEL) said the high prices in the Moroccan market were due to higher production costs notably those of fertilizers and pesticides. Speaking to MPs, APEFEL representatives said ammonia and phosphates-based fertilizers saw prices rise 466% and 61% respectively, which was in turn repercussed on consumer prices. This […]
Chairperson of UK-Morocco Parliamentary Friendship Group Heather Wheeler has commended King Mohammed VI’s vision for strengthening stability, democracy and building a strong inclusive economy. This Royal vision will make Morocco UK’s “strategic partner in Africa,” said on Tuesday in Rabat the Conservative MP following her meeting with Moroccan Foreign minister Nasser Bourita. She also praised […]
Morocco will continue to consider the IMF flexible credit line of $5 billion as precautionary and would only draw on it in case of external shocks like the Covid-19 pandemic, Morocco’s finance ministry said. The credit line is only granted to countries with sound macroeconomic and financial fundamentals and would add to Morocco’s credibility in […]
The Chinese Foreign Ministry Monday said the Asian giant is a better ally for Africa than Western countries as the continent is increasingly the target of rivalry among global powers. Wang Wenbin, the spokesman of the ministry said during a press briefing Monday China can provide assistance to Africa in places and at a time […]
The United Kingdom will halt the recruitment of health workers from Nigeria, placing the country on the red list of countries not to be targeted for recruitment by health and social care employers unless there is an agreement between governments, the government has announced. The move comes after the World Health Organization (WHO) identified Nigeria […]
Morocco has attracted a new American investor, CVG, a global supplier of electrical systems, which will open a facility in Tangier in the third quarter of 2023. In a recent press release, the U.S. group said it will also open another facility in Aldama, Mexico. Both locations are expected to employ approximately 1,000 new employees […]
After Algeria, another failing African economy, Tunisia, said it seeks to join the BRICS, a group of fast growing emerging industrial countries with diversified economies that includes Brazil, Russia, India, China, and South Africa. The announcement was made by a proponent of the Kais Saied authoritarian presidency Mahmoud bin Mabrouk who leads the July 25 […]
Morocco and the World Health Organization (WHO) sealed a cooperation strategy for the period 2023-2027. This strategy outlines the directions of WHO’s technical support in strengthening the health sector in Morocco, and consolidating bilateral collaboration to improve the health and well-being of Moroccan citizens. The strategy, developed by WHO and the Ministry of Health and […]
The Nigerian National Petroleum Corporation (NNPCL) will invest $12.5 billion to secure a 50% stake in the $25 billion Nigeria-Morocco gas pipeline project. This historic project is expected to set a record as the world’s longest offshore gas pipeline, covering some 5,600 km across 11 African countries. NNPCL and Morocco’s National Office of Hydrocarbons and […]
During the ongoing holy month of Ramadan, millions of Muslims around Africa are feeling the pinch of inflation, as food and energy prices have been soaring in the wake of the Russia- Ukraine war and also due to the lingering effects of the Covid-19 pandemic and climate change-related events on the global economy. African countries, […]