First Independent Mena Newspaper
King Mohammed VI of Morocco chaired the launch ceremony of construction works to extend the high-speed rail network further south to Marrakech, as part of a rail development plan worth 10 billion dollars, including intercity and urban trains. The Kenitra-Marrakech new high-speed train, will be achieved at a total cost of 5.7 billion dollars, excluding […]
In a historic shift for West Africa’s political landscape, the Economic Community of West African States (ECOWAS) has begun relocating key institutions from Mali, Burkina Faso, and Niger — nations that formally withdrew from the bloc earlier this year to form the Alliance of Sahel States (AES). During an extraordinary session in Accra, ECOWAS Council […]
The Moroccan energy ministry has issued an expression of interest for its liquified natural gas terminal in Nador’s port, an infrastructure that fits the country’s energy diversification policy, energy minister said. This announcement marks the first step in a tender for the project that will help power electricity production plants and industrial zones in Mohammedia […]
A new phase in Libya’s financial oversight has been initiated through the appointment of the American advisory firm K2 Integrity, which has been tasked with monitoring the financial transactions of the Central Bank of Libya’s (CBL). The decision, reportedly made under pressure from Washington, aims to enhance transparency and curtail systemic corruption within Libya’s financial […]
China and Kenya have upgraded their bilateral relationship to a new level, pledging to create an “all-weather” China-Africa community during Kenyan President William Ruto’s first state visit to Beijing, the countries announced on Thursday. Meeting with Chinese President Xi Jinping, both leaders committed to “injecting more stability into the world with the certainty of China-Africa […]
Leading academics and business figures gathered in Fez this week for the inaugural International Conference on Management, Innovation, and Finance (MIF 2025), a new initiative aimed at connecting academic research with real-world economic challenges. The two-day event, co-organized by the Private University of Fez and Sidi Mohammed Ben Abdellah University, brought together finance professors, digital […]
Morocco’s consumer price index (CPI) decreased by 0.3% in March 2025, according to the latest data from the High Commission for Planning (HCP), as reported by L’Économiste. This decline comes as the country experiences significant economic recovery, with GDP growth estimated at 4.2% for the first quarter, driven by dynamic performance in commercial services, extractive […]
Morocco has launched an ambitious MAD 28 billion ($2.8 billion) “Airports 2030” investment program aimed at more than doubling its passenger capacity to 80 million annually by the end of the decade, Transport and Logistics Minister Abdessamad Kayouh announced. The centerpiece of the plan is a new Casablanca airport constructed on 800 hectares adjacent to […]
The Casa Anfa urban development project is rapidly transforming western Casablanca, turning the site of the city’s former airport into a vibrant new district that combines residential areas, business centers, and extensive green spaces. Spanning 350 hectares, this ambitious project managed by the Urban Development Agency of Anfa (AUDA), a subsidiary of Morocco’s CDG Group, […]
Maroc Telecom company has partnered with Visa Corporation to enhance digital payments and financial inclusion in Morocco and across the African subsidiaries of the major telecommunications company in the North African Kingdom. Thanks to this partnership, the users of MT Cash, Maroc Telecom’s Mobile Money solution, will benefit from the Visa payment services. This strategic […]