First Independent Mena Newspaper
The Moroccan government has officially approved the creation of a new company dedicated to managing industrial zones for defense manufacturing, marking a significant step in the country’s strategy to build a sovereign defense industry. The newly established entity, named the “Defense Industrial Zones Management Company,” is a joint venture between the Military Housing and Equipment […]
Morocco’s government has adopted a new legislation enhancing Regional Investment Centers (CRI) capabilities, integrating support systems for small and medium enterprises into their core missions as part of comprehensive investment framework reforms. The legislation also provides for the creation of Unified Regional Investment Commissions (CRUI). The reform text specifically incorporates management and approval of special […]
CEO of Royal Air Maroc Hamid Addou has publicly criticized Boeing for chronic delivery delays even as the carrier is negotiating a massive 74-aircraft order, highlighting tensions in the airline’s ambitious expansion plans worth $25 billion through 2037. In an interview with CNN, Addou expressed frustration over Boeing’s delivery performance, with some orders running 15-18 […]
African nations have secured strategic leadership positions within UN Tourism’s governance structure during the organization’s 68th Regional Commission for Africa session in Abuja, signaling a shift toward continental sovereignty in tourism development. The appointments include Angola, Kenya, Seychelles, Zambia, and Zimbabwe to the Executive Council for 2025-2029, strengthening Africa’s voice in global tourism policy-making. Zambia […]
South Korean tech giant Naver which has announced plans to build a massive AI-focused data center in Morocco, said the project will be carried out in partnership with Nvidia, Taqa Morocco, Nexus Core Systems, and Lloyds Capital. The announcement was made during the VivaTech 2025 conference in Paris. The project, which will be powered entirely […]
Burkina Faso’s military-led government has completed the nationalization of five gold mining assets, marking a significant pivot in its economic strategy aimed at asserting greater control over the country’s mineral wealth, international media reported. The move, finalized through a government decree earlier this month, transfers ownership of two producing gold mines and three exploration permits […]
Morocco is planning to add 13 desalination plants before 2030, adding to existing 17 ones, with the aim to have a production capacity of 1.7 billion m3, water and equipment minister Nizar Baraka said. Desalination together with dams and waterways are all projects launched by Morocco under a $12 bln program to ensure steady water […]
Morocco’s budget deficit widened to 22.9 billion dirhams ($2.3 billion) at the end of May 2025, up from 11.2 billion dirhams a year earlier, the treasury said. The deficit was however offset by a positive balance of 14.1 billion dirhams from special treasury accounts and autonomously managed state services. Total ordinary revenues rose 19.6% year-on-year […]
Al Akhawayn University in Ifrane aims to spearhead Morocco’s digital and cybersecurity skills development, building on its successful completion of a government contract to train 10,000 engineers, university officials announced at a Bank Al-Maghrib press conference in Rabat. Bank Al-Maghrib Governor Abdellatif Jouahri, who serves on the university’s Board of Directors, praised the institution’s achievements […]
The leading American EV manufacturer Tesla has set foot in the nascent Moroccan electric cars market with the establishment of a subsidiary in Casablanca. Besides setting up dealerships, Tesla Morocco is tasked with importing, sales’ operations, and servicing of electric vehicles. The subsidiary’s mission also includes the expansion of the network of charging stations across […]