First Independent Mena Newspaper
Morocco’s energy transition minister, Leila Benali, outlined an ambitious plan to reform the country’s mining sector, pledging stronger worker protections, streamlined regulations and deeper integration of mining regions into the national economy. The mining industry accounts for nearly 10% of Morocco’s gross domestic product, 20% of export value and provides more than 40,000 direct jobs, […]
Two senior officials from the European Bank for Reconstruction & Development started this Thursday a two-day working visit to Morocco for talks with government officials and business representatives. Discussions will focus on EBRD’s support for the private sector, key infrastructure investments and the transition to a green economy, said the bank in a press release. […]
Morocco’s national rail operator (ONCF) expects to carry nearly 56 million passengers by the end of 2025, as the country accelerates investment in high-speed and regional rail networks, ONCF Director General Mohamed Rabie Khlie said. Speaking at the fourth Rail Industry Summit Morocco, held Dec. 9-10 at the Mohammed VI Exhibition Center in El Jadida, […]
The African Development Bank (AfDB) has approved an additional €150 million loan for Morocco’s Communal Equipment Fund (French acronym FEC) to enable it Finance 26 infrastructure projects focusing on water, sanitation, urban mobility, energy efficiency, and social facilities in over 30 municipalities. The AfDB has also agreed to provide FEC nearly €1 million in technical […]
Investment opportunities in Morocco’s Southern provinces and the achievements made there were highlighted on Wednesday in Paris during a meeting attended by a group of French economic operators and several members of the Moroccan community living in France. Initiated by the “Maroc Entrepreneurs” Association, in partnership with the French Federation “InfraNum,” the meeting enabled managing […]
The government of Burkina-Faso has reaffirmed its unwavering support for Morocco’s territorial integrity and commended UN Security Council resolution 2797 endorsing Moroccan autonomy plan in the Sahara under the Kingdom’s sovereignty This supportive stand comes in a joint statement issued Wednesday following the 5th Session of the Morocco-Burkina Faso Joint Cooperation Commission held in Ouagadougou […]
Morocco is implementing a comprehensive pharmaceutical policy overhaul through its 2026 Finance Bill, targeting dramatic reductions in medication costs while strengthening health security and domestic manufacturing capacity. The reform centers on unprecedented customs duty cuts, affecting 112 pharmaceutical products. Budget Minister Fouzi Lekjaa had announced, during the presentation of the detailed draft budget of the […]
The Central Bank of Libya (CBL) has granted final practice permits to 91 companies and foreign exchange bureaux, as the Libyan dinar fell to 8.17 against the US dollar on the black market, amid ongoing cash shortages. The decision was announced on Tuesday, December 9. The CBL said the latest licensing forms part of its […]
Morocco’s livestock reconstitution program has achieved substantial progress with the establishment of a comprehensive database documenting 32.8 million animal head and approximately 1.2 million herders, Agriculture Minister Ahmed El Bouari announced Tuesday in Rabat. Speaking before the Chamber of Counselors regarding measures to preserve and strengthen national livestock, El Bouari explained that the database has […]
Mauritania hosted, Dec.8-9, its National Insurance Conference in Nouakchott, aimed at modernizing a sector that currently contributes only 0.33% of GDP, far below the African average of 2%. The conference, organized by the Central Bank of Mauritania (BCM) following the adoption of new legislation in September 2025, brought together hundreds of insurance professionals, experts, investors, […]