First Independent Mena Newspaper
Since May 1, 2025, payment institutions and banking subsidiaries dedicated to acquisition services, with proper authorization, can operate in Morocco’s electronic payment market and commercialize their offerings, the Competition Council announced. The Council recently held a follow-up meeting on dismantling the quasi-monopoly held by the Centre Monétique Interbancaire (CMI) in the electronic payment market. Besides […]
Morocco has established a new civil engineering benchmark for Africa with the groundbreaking perforation of the Al Massira dam, addressing increasing water stress in the Marrakech region, according to the African Development Bank (AfDB). Engineers successfully drilled through Morocco’s second-largest water reservoir, with a capacity of approximately 2.6 billion cubic meters, to create a new […]
The U.S. State Department’s top official for Africa indicated Tuesday that any renewal of a major U.S.-Africa trade deal would likely require greater “reciprocity” from African nations. The African Growth and Opportunity Act (AGOA), which allows many African products duty-free access to the American market, expires in September 2025. Its future remains uncertain amid protectionist […]
The US has scaled down its aid to Africa but kept supporting and funding for the Lobito corridor which will give its industry access to rare minerals, key to the energy transition. The Lobito Corridor is a major trans-African infrastructure project designed to connect the mineral-rich regions of the Democratic Republic of Congo (DRC) and […]
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 […]