First Independent Mena Newspaper
Moroccan mining group Managem reported a spectacular jump in profits for the first half of 2026, with net profit attributable to the group reaching 3.778 billion Moroccan dirhams (approximately $395 million), nearly ten times the 380 million dirhams recorded in the same period of 2025. The results, approved by the board of directors on September […]
Morocco has recorded the strongest growth among major suppliers of peppers to the European Union over the past ten years, with exports jumping 88.35% between the 2016/2017 and 2025/2026 campaigns, according to Euroestacom (ICEX-Eurostat) statistics. The Kingdom shipped 192,719 tons of peppers to EU member states in the 2025/2026 campaign, accounting for 12.72% of the […]
Morocco’s economy remains resilient amid regional tensions and should rank among the best-performing economies in the Southern and Eastern Mediterranean (SEMED) region, according to the European Bank for Reconstruction and Development’s (EBRD) latest regional economic outlook. The institution forecasts Moroccan growth of 4.8% in 2026 and 3.9% in 2027 — an upward revision of 0.4 […]
Morocco has approved a first list of roughly 300 medicines for price cuts as part of a broader reform of the country’s drug pricing mechanism, according to a source at the Ministry of Health. The announced reductions range from 10% to 70%, though the specific medicines affected have not yet been made public. Identifying which […]
Morocco will help Mauritania upgrade a 480-km Nouakchott-Nouadhibou road to improve transport and facilitate trade between the two countries. An agreement has been signed lately in Rabat on this project part of Royal Sahel initiative designed to enable African landlocked countries access to Atlantic sea ports and international markets. This joint road project is making […]
Libya has outlined plans to leverage its strategic location and transport infrastructure to support intercontinental routes linking Africa and Europe. Deputy Minister of Transport Wissam Al-Idrissi said the country’s position between Africa, the Mediterranean and Europe could make it an important hub for regional and international connectivity, particularly through maritime transport. He made the remarks […]
More than twenty years after its dramatic collapse, the Banque Nationale de Développement Économique (BNDE) continues to haunt Morocco’s financial history. Bank Al-Maghrib, led by Abdellatif Jouahri, has extended by one year the liquidation process of the former state development bank, a delay Jeune Afrique describes as reflecting the difficulty of settling the accounts of […]
Bolivia looks forward to setting up a trade office in Dakhla, pearl of Moroccan Sahara, to serve as a hub for the exportation of Bolivian products to African markets. The Bolivian move was disclosed by foreign minister of this central South America country Héctor Francisco Huanca Gutiérrez during his talks held Wednesday in New York […]
Libya’s Ministry of Economy and Trade on Wednesday, September 23, 2026, approved 52 decisions covering foreign companies and representative offices as part of efforts to improve the country’s business and investment environment. The measures permit the establishment of new branches and representative offices, the renewal or extension of existing operations, and regulatory amendments in line […]
Bank Al-Maghrib expects Morocco’s economic growth to slow to 4.4% in 2026, from 4.9% in 2025, before falling to 2.9% in 2027, as a strong agricultural rebound this year gives way to an expected decline next year. The central bank’s latest forecasts project agricultural value added to rise 16% in 2026 on a cereal harvest […]