First Independent Mena Newspaper
Members of the Association of British Travel Agents (ABTA) are meeting in Marrakesh to discuss the industry issues, challenges and the future of travel & tourism. This year’s ABTA oversea travel convention, taking place from 10 to 12 October in Morocco’s red city, marks a return to in-person meetings after two-years of restrictions due to […]
Ghana is a classic case of emerging economies in Africa and other parts of the world who have been caught in a perfect storm and are struggling to service their foreign currency denominated loans owing to a strengthening US dollar, rising global interest rates and that is made worse by their excessive borrowing. Ghana is […]
While Kenya’s newly elected President William Ruto, ran his election campaign on an anti-China platform, the language of his new administration now stands in a sharp contrast with the strident tones he used on the campaign trail. During his campaign, Ruto talked tough on China, vowing to deport Chinese nationals doing jobs he said should […]
The European Bank for Reconstruction and Development (EBRD) expects Moroccan economic growth to decelerate to 1.1 per cent in 2022, before rebounding the following year thanks to the anticipated agricultural performance and return of other sectors to pre-pandemic levels. In its Regional Economic Prospects report released this Wednesday, the Bank says economic recovery in Morocco […]
Congo and Russia have signed five memorandum of Understanding (MoU) including the construction of an oil-pipeline in the capital Brazzaville. The agreements were inked at the end of both countries’ joint intergovernmental commission meeting in the Congolese capital. Deals span Information and communication technologies, health, research, technological innovation, culture and sports. Congo’s Minister of International […]
Banque Nationale d’Investissement (BNI), also known as National Bank of Investment, vowed to support exporters of coffee and cocoa of Côte d’Ivoire with around $274 million for a new season starting in few days, Abidjan Net reports. Jerôme Ahua, Deputy Director of the bank, made the announcement during a networking event of coffee and cocoa […]
Moroccan state-owned Phosphate giant, OCP Group, announced on Monday it acquired 50% stake of GlobalFeed S.L. from Fertinagro Biotech S.L., a major Spanish fertilizers producer. “This acquisition confirms OCP’s objective to diversify its phosphate solutions and become a leading player in the animal nutrition sector, addressing growing demand and expanding its offerings to specialty sustainable […]
The African Atlantic countries have decided to hold their next ministerial meeting in Rabat during the first quarter of 2023 to discuss the efforts made to build an African zone of peace, stability and shared prosperity. The decision was made in New York during a meeting chaired by Moroccan foreign minister Nasser Bourita on the […]
With more than half of the textiles sold by South African retailers are imported from abroad, out of which nearly 60% of those imports come from China, local retailers are signing on to a master plan by the government to support local businesses in an effort to bolster the country’s clothing and textile sector. As […]
With an estimated 346 million people across Africa being negatively impacted by a severe food crisis, according to the Food and Agriculture Organization (FAO), a fertilizer boom is breaking out on the continent, even as environmental and green farming activists call for caution. Africa has barely used fertilizers, as only 6% of the continent’s cultivated […]