First Independent Mena Newspaper
Morocco’s phosphates and fertilizer giant, OCP, reported a 10% growth in its revenue in the first three months this year to $2.3 billion. This performance was attributed to higher demand on fertilizers in Europe, Brazil, Africa, and India, where inventories have been depleted. It also took place in a context of DAP/MAP fertilizers export restrictions […]
Morocco and the UN World Tourism Organization have signed a financial agreement related to the establishment of the organization’s first African innovation Office in Rabat, Morocco. The financial agreement was signed Thursday in Madrid by Morocco’s Minister of Tourism, Fatim-Zahra Ammor, and UN Tourism Secretary-General Zurab Pololikashvili. This agreement follows host country agreement signed between […]
Sidi Ould Tah of Mauritania was elected this Thursday President of the African Development Bank Group at the Bank’s Annual Meetings held in Abidjan, Côte d’Ivoire. Sidi Ould Tah will succede Nigerian Akinwumi Adesina at the helm of the AfDB. Tah was elected by the Bank’s Board of Governors, comprising Finance and Economy Ministers or […]
Morocco and Egypt have called for an immediate ceasefire in Gaza and for unrestricted distribution of humanitarian aid to the starving Palestinians. This came during a meeting held in Rabat on Wednesday between Morocco’s Minister of Foreign Affairs, Nasser Bourita, and his Egyptian peer Badr Abdel Aty, who is visiting Morocco to convey a written […]
Morocco’s automotive sector is undergoing a remarkable transformation. After starting as a regional assembly hub, the country’s car industry has grown into a leading player in electric vehicle (EV) and green hydrogen technology, said the London School of Economics in a report. This North African nation is strategically positioning itself as a global automotive powerhouse, […]
Morocco has emerged as a key beneficiary of the Mirova Sustainable Land Fund 2 (MSLF2), a €363 million impact investment initiative targeting sustainable agricultural and forestry management across seven countries, reinforcing the Kingdom’s leadership in Africa’s ecological transition. The fund, launched by Mirova—a Natixis Investment Managers affiliate—with strategic support from the Green Climate Fund, addresses […]
Morocco and Catalonia strengthened their economic partnership Wednesday with the signing of four investment protocols worth 500 million dirhams (approximately €45 million), targeting strategic industrial sectors and promising over 700 direct jobs across Tangier, Tetouan, and Kenitra. The agreements, signed in Rabat between the Moroccan government and Catalan enterprises, cover high-value sectors including automotive, waste […]
A groundbreaking partnership between Casablanca-Settat’s Cité des Métiers et des Compétences (CMC-CS) and Territorial Empowerment and Development (OTED) launched the Nouaceur Territorial Innovation Lab (NOTIL), introducing a revolutionary approach to regional development through collective intelligence and collaborative innovation. The initiative represents Morocco’s first open innovation model designed specifically for sustainable territorial impact, operating on four […]
As Africa moves to the center of global economic and strategic importance, a new Brookings Institution policy brief urges the Trump administration to craft a bold, forward-looking U.S.-Africa strategy that aligns American interests with Africa’s rapid transformation. The report highlights four key pillars — power, prosperity, peace, and principles with soft power — through which […]
Spanish Navantia San Fernando shipyard celebrated on Tuesday May 27 the launch ceremony of the Avante 1800 type OPV that the company has built for the Moroccan Royal Navy, an event consolidated the close naval cooperation between Spain and Morocco, based on continuous exchange and mutual technical recognition. Construction number 565 of the shipyard touched […]