First Independent Mena Newspaper
The African Development Bank AfDB ranked Morocco the second largest industrial country in the African continent with a narrow margin behind South Africa. Moroccan industrial exports accounted for 21% of Africa’s manufactured exports, widening the gaps with North African peers such as Egypt and Tunisia. Morocco has developed in the previous decade the industrial acceleration […]
Thanks to its sound economic and financial fundamentals, Morocco has fostered its attractiveness to foreign investors, while receiving preferential terms from international financial organizations. Within a month, Morocco’s reforms earned it an exit from the grey list of the Global financial crime watchdog, the Financial Action Task Force. Few days later, Morocco scored another financial […]
Hundreds of Sub Saharans have called for the boycott of Tunisian products in reaction to treatment of Sub Saharan migrants in the North African country following racial statement made by leader Kais Saied. Several people from Sub-Saharan countries took to social media for the boycott with some hashtag calling to boycott Tunisian goods and products. […]
While Europe holds the crown for investment migration programs in 2023, a growing number of African states is joining the fray, looking to attract high-net-worth individuals by offering residence and citizenship through investment programs. Migration investment programs allow people to purchase citizenship or residency in exchange for an investment in a country. African economies looking […]
Since Africa’s population has quadrupled since 1960, and is projected to double again by 2050, experts are pondering a crucial question for the future of the continent: how can enough work be created for the increasing numbers of youth arriving on the continent’s labor markets? Development economists have followed with a great concern that, in […]
China Natural Resources (CNR) has acquired Zimbabwe’s Williams Minerals lithium mine from Feishang Group and Top Pacific for $1.75 billion, the aim being to strengthen the Chinese company’s position in the lithium market and increase its capacity to supply the critical resource to its customers. This strategic move by CNR was motivated by the rising […]
Spain is expanding its so-called circular migration program to its first sub-Saharan African country by hiring at least 100 Senegalese to boost Spain’s agricultural sector, while also seeking to reduce the death toll of Africans illegally migrating to Europe. By including Senegal into the program, companies in Spain will be able to hire at least […]
Morocco is a flagship country and a pillar of stability in the region, said Thursday in Rabat, the European Commissioner for Neighborhood Policy and Enlargement, Olivér Várhelyi, who stressed the “extreme importance” of the Morocco-EU partnership. In a global context marked by multiple challenges, it is not easy to find stable partners like Morocco, hence […]
While Bola Ahmed Tinubu was officially declared the winner of last Saturday’s presidential election in Nigeria, two major opposition parties say the results were rigged and have vowed to challenge the results in court. Nigeria’s opposition renewed calls for the election result to be overturned on Thursday, March 2, a day after the country announced […]
East Africa is set to benefit from swift implementation of the African Continental Free Trade Area (AfCFTA), according to the World Bank, and this will be accomplished particularly by lowering trade expenses related to trade facilitation, as well as decreasing the costs of non-tariff policies and non-tariff obstacles. The AfCFTA has been well-designed to strengthen […]