First Independent Mena Newspaper
Brilliant Planet, an emerging leader in nature-based carbon dioxide removal (CDR) and Mott MacDonald, the global engineering, development & management consultancy, will build in Morocco the largest algae production facility in the world. The announcement was made Friday by the two UK companies in a joint press release. The Moroccan plant will be commissioned in […]
Morocco has gained an important post within the African Union, dealing a hard blow to the Algerian regime which has lost regional and international lust, becoming just an empty shell. Moroccan diplomat Amina Selmane has presented lately to AU Commission chairperson Moussa Faki Mahamat her credentials as the Permanent Representative of the Arab Maghreb Union […]
The final planning meeting of the exercise “African Lion 2023” was held at the level of the South Zone Staff in Agadir from this April 12 to 16. During the meeting, held at the instructions of the King, Supreme Commander and Chief of General Staff of the Royal Armed Forces (FAR), representatives of the FAR […]
Spending as part of the compensation fund subsidizing the prices of fuel, wheat, sugar, and butane gas more than halved to 4.5 billion dirhams in the first quarter this year, auguring well for state finances, according to the finance ministry. Subsidies including cash handouts to transport professionals stood at 44 billion dirhams last year due […]
The Arab Monetary Fund has agreed to provide Morocco a $277 Million loan to support the country’s financial and banking sector and enable it maintain its economic stability amid a soaring global inflation due to the Russia-Ukraine war. The loan, announced on Thursday by the fund, will strengthen control & supervision of Moroccan financial and […]
The strategic importance of the fixed link project, through the Strait of Gibraltar, between Morocco and Spain, for both kingdoms and for Europe and Africa was the focus of a conference held this week in Madrid. During this meeting, held at the Casa Árabe, an institution under the Spanish Ministry of Foreign Affairs, on the […]
The size of Kenya’s economy will overtake that of Angola, Africa’s leading oil producer, this year even as Ethiopia stretches its lead, according to the projection presented in the International Monetary Fund’s (IMF) latest World Economic Outlook. The IMF projects Angola’s gross domestic product (GDP) to shrink during the period, hence catapulting Kenya, whose economy […]
The Moroccan government adopted a decree canceling the value-added tax on agriculture inputs in a bid to lower food prices. The measure is in line with government efforts to curb inflation for farm produce after food inflation soared 20.1% in February. The VAT exemption covers production equipment and other products used to maintain plants in […]
The Cape Verdean island of São Vicente will host next week the first ministerial meeting of the South Atlantic Peace and Cooperation Zone (Zopacas) in more than 10 years, according to an official source. The VIII ministerial meeting of the organization will be held on April 18, at the Oceanographic Center of Mindelo, island of […]
Netflix plans to expand its operations in Africa, building on the success of hit shows and series like the South African drama “Blood and Water”, the online video-streaming giant said. Netflix has invested $175 million in film content production in the continent since launching its operations in South Africa, Kenya and Nigeria in 2016, having […]