First Independent Mena Newspaper
1337, a coding school founded by Morocco’s state-owned phosphate rock miner, phosphoric acid manufacturer and fertilizer producer OCP Group and located at Université Mohammed VI Polytechnique, ranked 3rd at CodinGame Fall Challenge 2022, a world leading coding contest, held from December 12, 2022 to January 05, 2023. The fee-free school, according to the daily Les […]
Morocco’s agricultural and fisheries exports rose to an unprecedented 8 billion dollars in 2021, up 20% compared with 2022, the agriculture ministry said. This rise was achieved despite a lack of rainfall that affected cereals whose output dropped 67% to 3.4 million tons. Agricultural and fisheries exports now stand in the third position behind phosphates […]
In 2023, some of Africa’s major economies are expected to suffer from the ongoing impacts of the Russia-Ukraine war, runaway food price inflation and the tailwinds of the Covid-19 pandemic that caused enormous economic disruption, but experts say that although these negative factors are likely to spill over into this new year, Kenya and Senegal […]
The European Union’s High Representative for Foreign Affairs and Security Policy, Josep Borrell, has hailed the role played by Morocco in peace and stability in the region as “important”. Speaking at a joint press briefing Thursday in Rabat, after talks with Minister of Foreign Affairs, Nasser Bourita, Josep Borell said the talks focused on “old […]
Morocco’s exports of phosphates and fertilizers as well as the sales of its automotive sector hit a record 20 billion dollars that helped mitigate a surging trade deficit due to higher energy, food and equipment prices. Morocco’s exports of phosphates and derivatives rose 54.8% to 10.3 billion dollars, while the automotive sector’s imports rose 35% […]
“Neo” is the first Moroccan car brand to be produced for local market with a €50 million investment which will be used for the building of a factory for this project. The announcement has been made by the Minister of Industry & Trade, Ryad Mezzour. He told Saudi newspaper Asharq that the plant is expected […]
Zimbabwe has banned the export of raw lithium from its mines so it can cash in on value addition and stop losing billions of dollars in mineral proceeds to foreign companies. The new regulation is designed to “ensure that the vision of the president to see the country becoming an upper-middle income economy has been […]
Shell will pay 15 million euros in compensation to Nigerian farmers for oil spills that severely polluted three villages in the Niger Delta, the oil giant has said in a statement. A court in The Netherlands ruled in 2021 that Shell’s Nigerian subsidiary was liable for damages resulting from the spills and ordered the oil […]
The French automotive tech company Faurecia, one of the world’s leading automotive suppliers, is set to open its fourth factory in Morocco, expanding thus its presence in the Kingdom. A memorandum of understanding relating to the creation of the new plant which will produce textile and leather covers for automotive seats, was signed last week […]
Although Côte d’Ivoire is the world’s top cocoa producing country, accounting for around 45% of the global cocoa beans production, the country receives just 4% of the chocolate industry’s estimated annual returns worth $100bn. Being on the “front lines of the climate crisis,” cocoa farmers in the region harvests suffer, so do their livelihoods, according […]