First Independent Mena Newspaper
Mauritanian economist Sidi Ould Tah has presented his vision for the African Development Bank (AfDB), ahead of the presidential election scheduled for May 29 in Abidjan, focusing on mobilizing resources, reforming financial architecture, leveraging demographic potential, and building climate-resilient infrastructure. The former Mauritanian Minister of Economy and Finance brings significant experience from his role as […]
French development agency (AFD) offered a financing of 350 million euros in support of decarbonization efforts led by Morocco’s phosphates and derivatives giant OCP. A deal was signed between the two institutions on May 12, as OCP seeks more funding for its 13 billion-dollar decarbonization plan. OCP had announced a plan to use100% clean energy […]
A Moroccan business delegation visited last week the USA to promote the “Made in Morocco” brands and explore trading opportunities within the frame of the Free Trade Agreement signed between the North African Kingdom and the United States. The trip was organized by the Casablanca-Settat Chamber of Commerce, Industry & Services (CCISCS) and the Moroccan […]
Africorp Consortium has partnered with Mohammed VI Polytechnic University (UM6P) to enable African industry, agriculture, mining, and education benefit from latest scientific and technologic innovations. This strategic partnership was sealed during the DeepTech Summit (DTS) 2025, held May 8-9 at UM6P’s campus in Benguerir, Morocco. The partners pledged to leverage DeepTech, artificial intelligence, sustainability, and […]
In a bold stride toward digital integration and technological advancement, Libya has inaugurated on May 11 the Medusa submarine cable project—an 8,700-kilometre undersea lifeline linking the North African nation directly to Europe. Spearheaded by the Libyan Post, Telecommunications and Information Technology Company (LPTIC), the initiative is being lauded as a transformative step in positioning Libya […]
Morocco is accelerating its transition to natural gas as a key pillar of its energy future, aiming to increase its share to 30% of the national energy mix by 2030. The government is deploying a multisector strategy based on heavy investments and public-private partnerships to reduce coal dependence while maintaining energy security. On April 23, […]
Connecting Morocco and Mauritania to their Sahelian-African hinterland serves as a strategic lever for both continental and international trade, emphasized participants in the first Mauritania-Morocco Economic Parliamentary Forum held Friday and Saturday in Nouakchott. The Nouakchott Declaration adopted by the two-day forum highlighted that the strategic and structural port and maritime transport infrastructures established by […]
South Korea has officially endorsed Morocco’s autonomy proposal for the Sahara, and expressed its support for the «serious and credible efforts» made by the Kingdom to advance toward a resolution of the regional conflict. This endorsement, which was outlined in a statement released by the Korean Ministry of Foreign Affairs on Friday, May 9, marks […]
The French Development Agency (AFD) group is planning significant investments worth around €150 million in Morocco’s southern provinces, announced the Agency’s CEO, Rémy Rioux. Rioux, who is on a working visit to Morocco at the head of a high-level delegation, said at a press briefing, in Laayoune on Saturday, that “the AFD Group will now […]
Morocco’s construction sector is expected to expand by 3.9% in 2025 and register annual growth of 3.8% from 2026 to 2029 thanks to increased Foreign Direct Investment (FDI), coupled with investments in the energy, commercial, and infrastructure sectors in preparation for the 2025 African Cup of Nations and the 2030 FIFA World Cup. According to […]