First Independent Mena Newspaper
The revenues of the OCP group have increased over the first nine months of 2025 to $9.04 billion up from $6.95 billion reported the same period last year. Growth was driven primarily by higher export volumes of phosphate rock and fertilizers, supported by strong global demand and OCP’s ability to meet incremental regional demand, said […]
American tech giant NVIDIA has identified Morocco as a priority market for expansion following its June entry into South Africa, signaling the continent’s growing importance in global artificial intelligence infrastructure development. The company recently sent a delegation to meet key economic stakeholders in Morocco’s capital, according to industry reports. This strategic move reflects Africa’s determination […]
Africa has taken decisive steps to reclaim control over value creation from its natural resources as global demand for critical metals accelerates. The Marrakech Declaration adopted by Morocco’s International Mining Congress, held Nov. 24 -26, marks a strategic milestone in continental resource governance. The energy transition narrative long focused on replacing fossil fuels with renewable […]
Morocco has secured its position as the second most attractive destination for foreign direct investment (FDI) in renewable energy across the Middle East and North Africa, according to two recent international reports. The Kingdom attracted over $38.1 billion in green energy investments between 2003 and 2024, confirming its growing role in the global energy transition, […]
Morocco imposed anti-dumping duties to imports of polyvinyl chloride (PVC) originating from Egypt, after an investigation confirmed significant dumping margins and recommended definitive duties to protect the domestic market. The investigation, launched on November 27, 2024, initially concluded that Egyptian PVC imports were causing serious harm to Morocco’s national industry. As a result, provisional duties […]
Moroccan Prime Minister Aziz Akhannouch said public investment allocations have grown by nearly 87% between 2020 and 2025, with projections to reach 380 billion dirhams next year. Speaking to members of the Upper House, Akhannouch said this increase is aimed at strengthening social integration and improving equity indicators across the country. Preschool enrollment has reached […]
Mauritania must accelerate economic diversification to achieve its ambition of becoming an upper-middle-income country by 2050, the World Bank said in a report published on Nov 24, citing the limits of a development model driven by extractive industries. “The extractive-led growth path is reaching its end,” the Bank said, noting that while Mauritania posted an […]
Gold prices surged to historic highs in 2025, repeatedly approaching $4,000 an ounce, according to the World Gold Council, as geopolitical tensions, global inflation and aggressive central bank buying drove demand for the safe-haven metal. The rally has reignited debate over Africa’s role in the global gold market. The continent holds nearly 30% of global […]
Morocco has implemented a Cloud First Policy as a cornerstone of its Digital Morocco 2030 strategy, fundamentally changing how the government approaches digital infrastructure and services. The policy establishes cloud solutions as the mandatory default choice for all public administration technology investments. Salma Tazi, Director of Cloud Infrastructure and Offshoring at the Ministry of Digital […]
Minister of Equipment and Water Nizar Baraka represented King Mohammed VI in the seventh African Union-European Union Summit in Luanda, Angola, which opened Monday under the theme “Promoting Peace and Prosperity Through Effective Multilateralism,” with focus on advancing partnership between the two continents. The two-day gathering agenda addresses critical areas of cooperation, with sessions dedicated […]