First Independent Mena Newspaper
India’s Samta Metals & Alloys, a subsidiary of the Indian Samta Group, is building an aluminum & copper recycling plant in the Atlantic Free Zone, located in the city of Kenitra, Morocco. An investment of $70 million will be injected in this eco-friendly factory to be built over a 36,600-sq-m area. It is expected to […]
A high-level economic and institutional delegation from Catalonia is expected in Morocco this Tuesday on a three-day strategic business mission, aimed at strengthening commercial and economic relationships between the northeastern Spanish region and the kingdom. This initiative represents a significant step in expanding cross-border cooperation between two economically dynamic regions. The mission, organized by Foment […]
Morocco finds itself strategically positioned between significant challenges and emerging opportunities as global economic tensions reshape international trade patterns. During a comprehensive economic briefing held Monday in Casablanca, Allianz Trade’s Africa and Middle East economist Lluis Dalmau Taulés analyzed how escalating U.S.-China trade conflicts are creating both risks and potential advantages for Moroccan businesses. The […]
Morocco, under the leadership of King Mohammed VI, is committed to promoting African integration, development and cooperation as a priority of the kingdom’s foreign policy. Recalling that the future of Africa depends on effective complementarity and cooperation between its States, Foreign Minister Nasser Bourita underscored, in a speech before African ambassadors and the diplomatic corps […]
Morocco has successfully secured a position within the top 10 African startup ecosystems, according to the comprehensive Global Startup Ecosystem Index 2025 released by American consulting firm StartupBlink. This achievement demonstrates meaningful progress for the North African nation while simultaneously revealing persistent barriers that continue to constrain further growth and development. The detailed ranking analysis […]
The Moroccan government took earlier this month a decisive step in implementing Law 13-21 on lawful cannabis uses by publishing Decree 2.24.130 in the Official Gazette. This comprehensive text precisely defines conditions and obligations for agricultural cooperatives authorized to cultivate cannabis within strictly medical, pharmaceutical, and industrial frameworks, marking a significant milestone in sector regulation […]
Moroccan leading mining company Managem plans to start commercial production at its Tizert copper project in Morocco and Boto gold mine in Senegal in the second half this year. The company had spent 65% of its first quarter investments on the two projects, it said, noting that total investment in the first three months this […]
French retailer Casino group has partnered with Moroccan H&S Invest Holding to open more than 210 convenience stores under the Franprix and Monoprix brands across Morocco over the next ten years. The partnership agreement was signed Monday in Rabat by Moncef Belkhayat, President of H&S Invest Holding, and Philippe Palazzi, CEO of Groupe Casino. The […]
The recent $14 bln deal between Morocco’s water and electricity provider ONEE and a consortium comprising TAQA Morocco and Nareva, provides for setting up desalination plants across Morocco, in response to the country’s strategy to reduce reliance on dams and groundwater in a context of drought. Under this deal, Morocco will add 900 million cubic […]
The IMF urged African and other emerging economies to develop domestic financial markets to reduce reliance on volatile external borrowing. In its April 2025 Global Financial Stability Report, the IMF warns that high real interest rates globally have made external financing more expensive and less accessible, especially for frontier markets in Africa. Tunisia was identified […]