First Independent Mena Newspaper
The UK looks to benefit from £33bn in public procurements planned in Morocco for the next three years, as the two countries foster their ties following London’s endorsement of the North African Kingdom’s autonomy plan as the “most credible” solution to the Sahara issue. During a high-level visit to Rabat, UK Foreign Secretary David Lammy […]
The business and investment opportunities offered in Morocco in various sectors were highlighted by Chief of Morocco’s Agency for Investment & Export Development during a TV program broadcast by Euronews. Morocco had the fifth highest GDP in Africa in 2024, while S&P Global Ratings has upgraded the country’s credit rating to BB+ with a positive […]
Microsoft co-founder Bill Gates has announced that the majority of his $200 billion fortune will be spent over the next two decades on transforming health and education across Africa. Speaking at the African Union headquarters in Addis Ababa, Gates called for bold investments in human potential as the key to unlocking prosperity across the continent. […]
Morocco continues its military modernization drive with U.S. Defense Department’s approval for a $260 million acquisition of 612 FGM-148F Javelin anti-tank missiles and 200 portable launchers, reinforcing the kingdom’s defense capabilities amid regional security challenges. The U.S. Department of Defense authorized the transaction on May 31, 2025, following preliminary approval from the Defense Security Cooperation […]
Morocco has officially dismantled the near-monopoly held by le Centre Monétique Interbancaire (CMI) over electronic payment terminals, marking a major shift in the country’s digital economy and financial sector. The reform, which took effect on May 1, 2025, allows banks, fintech firms, and independent payment providers to directly offer point-of-sale (POS) services to merchants, a […]
The UK has endorsed Morocco’s autonomy plan as the most credible basis to resolve the Sahara issue, as it also looks to deepen economic ties with Morocco, building on 800 years of relations. The United Kingdom has opened a “new era” in its ties with Morocco with the recognition of the autonomy plan for the […]
King Mohammed VI has outlined a roadmap for achieving a comprehensive and sustainable development in Africa, based on four key pillars, namely changing the model used for development financing; creating an institutional, economic, and social environment conducive to development; increasing and stimulating intra-African trade; and increasing the value of the continent’s abundant natural resources. These […]
Morocco and the UK have agreed to strengthen cooperation in various development areas at the end of their strategic dialogue, which wrapped up with the support of the UK for Morocco’s autonomy plan for the Sahara. In a joint statement issued after the dialogue, attended by foreign secretary David Lammy, the two countries signed a […]
Morocco’s automotive sector, phosphates, agri-food and the aerospace industry exports showed resilience in the face of global economic uncertainties and helped mitigate an expanding trade deficit in the first four months this year. Home to production plants by Stellantis Renault and part suppliers, the automotive sector sold 49 billion dirhams, down 7%, topping all industrial […]
In a decisive stride towards climate resilience, the African Development Bank (AfDB) announced plans to establish a dedicated Carbon Markets Support Facility aimed at galvanizing carbon finance across Africa. Recognising the continent’s disproportionate vulnerability to climate change-induced disasters, this pioneering initiative seeks to unlock new streams of investment by formalizing and scaling carbon credit trading. […]