First Independent Mena Newspaper
Tunisia was flagged among four other African nations by the International Monetary Fund (IMF) for prolonged delays in completing their mandatory Article IV consultations. The other African nations are: Sudan, Eritrea, Liberia, and Senegal, among 13 member states globally. Article IV consultations are annual economic assessments conducted by IMF staff to evaluate a country’s macroeconomic […]
Morocco’s National Tourist Office (ONMT) has picked the London-based Rooster agency to promote the country’s tourist destination in the UK and Ireland. Rooster’s mission includes managing media, collaborating with influencers, engaging travel industry professionals, organizing events, and enhancing Morocco’s Nation Brand. The British Communications agency has been chosen after successful marketing campaigns from late 2024 […]
Morocco’s southern port city of Laâyoune has recorded 796 tons of octopus landings within a month of the fishing season’s July 15 opening, marking a strong start to what officials describe as a digitally transformed marketplace that balances commercial interests with sustainability requirements. The harvest has maintained robust pricing levels, averaging 100 dirhams ($10) per […]
Falcon Energy Materials said it has begun constructing its pilot graphite processing facility within the Fluoralpha SA industrial zone in Morocco, marking a strategic milestone in the company’s plan to become a fully integrated supplier of battery-grade anode materials. The pilot plant, located near Jorf Lasfar, benefits from direct access to world-class port infrastructure, competitive […]
A new subsea fiber optic cable connecting the Canary Islands to Morocco is set to play a major role in Atlantic connectivity, Spanish media reported. The project is being spearheaded by Spanish company Islalink in collaboration with Canalink, an operator linked to the Island Council of Tenerife and the Technological and Renewable Energy Institute (ITER), […]
Morocco is on the cusp of securing a deal for 32 U.S. advanced fighter jets, becoming the first Arab and African nation to operate the fifth-generation stealth combat aircraft, says Military Africa news platform. The $17 billion deal, spanning over 45 years, covers maintenance and technical support and spare parts, says the report, noting that […]
Morocco’s ambitious free trade strategy has expanded market access and boosted key export sectors, but widening trade deficits with major partners raise questions about the agreements’ overall economic impact, according to new analysis. The kingdom’s imports under free trade agreements reached 207.8 billion dirhams ($20.4 billion) in 2022, climbing 20.9% from the previous year, with […]
Morocco has strengthened its export development strategy with “Power Export: One Shop Store Export,” a comprehensive program launched by the Ministry of Foreign Trade in partnership with Maroc PME under the 2025-2027 Foreign Trade Pact for Growth and Employment. Designed as a one-stop-shop, the program supports Moroccan companies—whether already operating internationally or preparing to enter […]
After a prolonged slump, Morocco’s potato export sector grew almost sixfold between July 2024 and May 2025 year-on-year, as the country exported 42,900 tons of table potatoes, generating $14.9 million in revenue, specialized fresh produce portal EastFruit said. This marks a dramatic turnaround: export volumes surged by a factor of 5.7 compared to the previous […]
South Korean rail manufacturer Hyundai Rotem inaugurated its first Moroccan subsidiary this August, marking the company’s third African establishment following Egypt and Tunisia, as part of a historic $1.5 billion railway modernization contract. The landmark deal, signed in February 2025, represents Hyundai Rotem’s largest-ever railway contract worth approximately 2.2 trillion won. The agreement covers delivery […]