First Independent Mena Newspaper
President Donald Trump has slapped the Algerian and Tunisian regimes with higher tariffs reaching respectively at least 30% and 25% and warned them that any reprisals would draw tougher counter-measures. In separate letters sent to Presidents Abdelmajid Tebboune of Algeria and Kais Saied of Tunisia, Trump notified them that the new higher tariffs take effect […]
The Governing Board of the African Organization of Supreme Audit Institutions (AFROSAI) held its 62nd meeting on Wednesday in Rabat to strengthen cooperation among African Supreme Audit Institutions (SAIs). The event also seeks to promote transparency and the sharing of best practices, and aspires to enhance the capacities of member SAIs and integrate technologies such […]
Morocco is planning to build a $700 million LNG terminal on its Mediterranean coast, alongside a network of pipelines, a strategic game-changer project that will reshape the regional energy dynamic. The new pipelines will link the future LNG terminal in Nador City directly to an existing pipeline connecting Morocco to Spain. This strategic connection also […]
U.S. Senior Advisor for Africa Massad Boulos had met separately with Moroccan Delegate Minister for Investment Karim Zidane and Algerian Secretary of State for Africa Mansouri on the sidelines of the U.S.-Africa Business Summit held lately in Luanda, Angola. The announcements were made by Boulos on his X account. During the U.S.-Africa Business Summit, “I […]
The Central Bank of Egypt (CBE) has temporarily raised the daily cash withdrawal limit for individuals and businesses at bank branches from EGP 250,000 to EGP 500,000. This exceptional measure is intended to cushion the impact of ongoing telecommunications disruptions that have affected regular banking operations across the country. The CBE stated that the adjustment […]
A delegation from the French city of Dreux visited Dakhla on Wednesday to explore economic potential, major development projects, and partnership opportunities in the Dakhla-Oued Eddahab region, following the recent signing of a friendship pact between the two cities. Led by Dreux Mayor Pierre Frédéric Billet, the group -including investors, business leaders, and cultural figures- […]
UN Development Program Country Office in Morocco has hosted a meeting in honor of selected Moroccan SME for the “UNDP Green Growth & Jobs Accelerator Project”, which supports green & sustainable transition of SMEs while enabling green jobs for women and youth in the Kingdom. The four-year program of the UN agency, which started in […]
A high-level Moroccan agricultural delegation paid lately a working visit to California to further strengthened bilateral agricultural cooperation and deepened ties between the U.S. and Morocco, said the National Association of State Departments of Agriculture (NASDA) in a press release. The mission also opened new avenues for collaboration and future trade opportunities. “This visit was […]
Casablanca Finance City Authority (CFCA) has launched the “Green Assets Cluster”, a strategic move seeking to position the city as a leading hub for carbon markets in Africa. The announcement of this landmark initiative was made Tuesday by CFCA Director General Saïd Ibrahimi during a conference held in Casablanca on “Scaling up carbon market in […]
The World Bank has urged Mauritania to adopt decisive reforms to safeguard macroeconomic stability and promote more inclusive and sustainable economic growth. In a statement shared on social media, the Bank stressed the critical need for economic diversification, highlighting the overreliance on the mining sector as a major vulnerability. It recommended that revenues from mining […]