First Independent Mena Newspaper
Morocco’s tourism continues its impressive performance with 10% increase in receipts to 8.8 billion dirhams or 880 million dollars, the foreign exchange office said. Remittances from Moroccans living abroad rose 0.5% to 950 million dollars in the first month this year. Foreign direct investments jumped 24% to 500 million dirhams, helping attenuate the country’s current […]
Morocco has taken over the vice-presidency of the African Ministers’ Council on Water (AMCOW) for the North African region for the 2025-2027 term. This came during the 6th extraordinary session of the Executive Committee of the AMCOW Board of Directors, held on Monday. Speaking at the session via videoconference, Morocco’s Minister of Equipment and Water […]
As South Africa and possibly also other continental states face the real possibility of being expelled from the African Growth and Opportunity Act (AGOA), a United States Trade Act, experts are urging them to diversify their export markets. Wamkele Mene, secretary-general of the African Continental Free Trade Area (AfCFTA) Secretariat, addressed concerns at a recent […]
Idriss Aarabi has replaced Hassan Abkari as director general of the Mediterranean’s largest port, after the latter featured in media articles citing a conflict of interest. Abkari was cited in multiple stories, including in Barlamane news outlet, which published documents accusing him of setting up a port counselling company in Valencia, Spain. The move was […]
The Tunisian economy continues to reel under the impact of the President Kais Saied’s power grab. The country is expected to be the least performer in the southern Mediterranean region, compared to its peers, the European Bank for Reconstruction and Development (EBRD) said. While the region’s economic growth is expected to stand at 3.7% in […]
A Chadian economic delegation visited Dakhla on Friday to explore business prospects in the region and discuss ways to strengthen bilateral cooperation. This visit is part of Chad’s Economic Promotion Week in Morocco, aimed at showcasing the country’s economic potential in the Kingdom across various sectors and fostering the development of win-win business partnerships between […]
Morocco reinforces its air links with the US with the launch of a direct route by Delta Air Lines linking the main hub of Atlanta with Marrakech. A deal was signed between Morocco’s tourism promotion office and the airline, which will help link Marrakech airport to a third North American airport after Montreal and New […]
An ongoing upgrade of nine stadiums will be completed between March and August this year ahead of the African Cup of Nations due in December, the Moroccan government said. Benslimane stadium, near Casablanca, will be ready in December 2027, ahead of the 2030 World Cup, the Moroccan government said in a statement following a meeting […]
The Japan-India-Africa Business Forum, held on 26 February in Tokyo, explored opportunities for both Asian powers to collaborate on Africa’s sustainable economic development, while leveraging their expertise in technology, finance, and industrial growth. Co-hosted by Japan’s Ministry of Economy, Trade, and Industry (METI) and Nikkei, the event brought together over 2,000 participants from 46 countries […]
Growth in Morocco is expected to increase from 3 per cent in 2024 to 3.6% in 2025 and 3.4% in 2026 as structural reforms yield positive results, according to the projections issued Friday by the European Bank for Reconstruction and Development. In its latest Regional Economic Prospects report, the Bank said Morocco’s manufacturing and construction […]