First Independent Mena Newspaper
Severe austerity measures imposed by international financial institutions on some of the poorest African countries led to public spending cuts, which affected the wages of teachers and health workers in particular, ActionAid said. Teachers across Africa are bearing the brunt of austerity, losing up to 50% of their real income over five years, while nearly […]
The 2025 edition of the Moroccan corporate cybersecurity barometer has been released by the Moroccan Association of Information System Users (AUSIM) in collaboration with international consulting firm PwC. The comprehensive white paper, titled “AUSIM Cybersecurity Barometer Morocco 2025,” presents a detailed overview of cyber threats and recommended strategies across five key areas. The study emphasizes […]
The Global Falcon Energy Materials Company has partnered with Fluoralpha firm to speed up development of a pilot anode Plant for the production of coated spherical purified graphite (CSPG) at Jorf Lasfar, near Casablanca, in Morocco. “We are very pleased to welcome Fluoralpha to our consortium,” said Matthieu Bos, Falcon’s CEO, in a press release […]
Morocco’s leading construction company TGCC has established a foothold in the Saudi Arabian market through a strategic partnership with Naif Alrajhi Investment, according to an announcement made Monday. The agreement will enable TGCC’s Middle East subsidiary to collaborate on construction projects developed by the Saudi investment group in the Gulf kingdom. This partnership represents TGCC’s […]
Attijariwafa bank’s Club Afrique Développement (CAD) successfully conducted its 41st multisector mission in Egypt on May 14-15, 2025. Organized in partnership with Attijariwafa bank Egypt, the event brought together over 300 top economic and institutional decision-makers from 12 African countries, reinforcing the Club’s pivotal role in developing intra-African trade. The mission attracted delegates from Cameroon, […]
Ailong Technology, a Chinese company specializing in wind turbine blade manufacturing, is preparing to open its first overseas factory in Nador, Northeastern Morocco, according to press reports. The $340 million plant, located in the industrial zone near the Nador West Mediterranean port, has been built over a 50-hectare area. This project, which is expected to […]
The Moroccan government, electricity and water supplier ONEE together with a consortium including Mohammed VI Investment Fund, TAQA Morocco and Nareva agreed to join forces to develop a sweeping infrastructure program aimed at securing water and bolstering energy production by 2030, for a total investment cost estimated at $14 billion. The investments have been ushered […]
Morocco is establishing itself as a premier destination for solar energy investments in the Middle East and North Africa region, according to a new report by London-based research group Bourse & Bazaar. The study highlights significant funding from Gulf investors, including Saudi Arabia’s Public Investment Fund, Abu Dhabi’s Mubadala, and Dubai’s AMEA Power, who are […]
Moroccan web hosting pioneer Nindohost has announced a strategic expansion into 13 African countries, marking a significant milestone in its development. Building on nearly two decades of experience in Morocco, the company will now extend its cloud hosting and cybersecurity solutions to Burkina Faso, Cameroon, Côte d’Ivoire, Ghana, Kenya, Malawi, Mali, Nigeria, Rwanda, Senegal, South […]
African economies face an urgent need for coordinated responses to inflation threats that could destabilize social equilibrium, according to the World Bank’s latest Africa’s Pulse report. While the continent’s median inflation rate decreased from 9.8% in 2022 to 4.2% in January 2025, significant disparities persist. The interquartile range of inflation rates has widened from 6% […]