First Independent Mena Newspaper
Taqa Morocco became the third largest company by market capitalization at the Casablanca stock exchange. Driven by an exceptional stock market performance from the start of the year, the company’s stock has risen progressively due to investor revaluation, positioning it behind only major players like Attijariwafa Bank and Maroc Telecom. As of May 12, 2025, […]
The International Fund for Agricultural Development (IFAD) and Bank Al Maghrib have partnered for the second time to increase financing for food security in rural areas around the world. IFAD has issued a $150 million bond with a tenor of 10 years to Morocco’s central bank to support efforts engaged to transform rural areas to […]
The European Bank for Reconstruction and Development (EBRD), the Green Climate Fund (GCF), the European Union, and Canada through the EBRD’s High-Impact Partnership on Climate Action (HIPCA) have agreed to provide Moroccan Bank of Africa a €70 million loan destined to boost access to green finance for private sector and promote capacity building for women-led […]
Morocco will host the first Africa-Atlantic Summit for Common Development in March 2026, creating a strategic platform for dialogue and joint action between African Atlantic coastal nations, Sahara and Sahel countries, and their Mediterranean partners. The announcement came following an agreement signed Thursday in Johannesburg between the Mediterranean Development Center (MEDEV) and DEVAC Invest Africa, […]
Over fishing by foreign vessels off Senegal decimated fish stock and forced many fishermen to try an illegal sea crossing to the Canary Islands, The Environmental Justice Foundation, a London-based group specializing in environmental and human rights issues, said. Illegal crossings to the Spanish archipelago increased following the surge in overfishing by foreign vessels, the […]
Mauritania and Morocco have stepped up their economic ties, signing cooperation deals in fields ranging from the stock market to electric interconnections and airlines. Economic cooperation between the two neighbors stepped up after a meeting between King Mohammed VI and Mauritania’s president Mohamed Ould Ghazouani in Casablanca in December 2024. During the meeting, the Mauritanian […]
Ways of fostering further cooperation ties between Morocco and the Islamic Organization for Food Security (IOFS) were at the center of talks held Wednesday in Rabat between Moroccan foreign minister Nasser Bourita and IOFS Chief Berik Aryn. Talks also focused on Morocco’s participation in IOFS’ training and technical assistance programs, joint research projects and Morocco’s […]
British Chariot Energy Company announced Wednesday that it has regained operatorship of its Moroccan Lixus and Rissana Offshore licenses from Energean firm. Chariot is now operator of the Anchois gas field and has a 75% working interest in each license, with Moroccan National Office of Hydrocarbons & Mines (ONHYM) retaining its 25% stake. With operatorship […]
Transavia, a Dutch low-cost airline, has agreed with Morocco’s National Tourism Office (ONMT) to launch 14 new flight routes to Morocco for the winter 2025–2026 season, starting October 26, 2025. The new connections will increase inbound travelers by an impressive 30% (over 130,000 seats) thanks to direct flights to popular destinations like Agadir, Marrakech, Essaouir, […]
Morocco’s Minister of Economy and Finance, Nadia Fettah Alaoui, outlined significant progress in legal dispute resolution, public sector reform, and inflation management during a recent parliamentary question time. Highlighting efforts to strengthen state dispute management, Fettah Alaoui said that reforms have led to cumulative savings of 25.4 billion dirhams over five years by reducing financial […]