First Independent Mena Newspaper
Atlantique Finance, a subsidiary of Morocco’s pan-African Banque Centrale Populaire (BCP) group, has emerged as the leading investment and brokerage firm in West Africa’s economic and monetary union, achieving a remarkable 25% market share and transaction volume of 235 billion CFA francs (approximately $358 million) in 2024. The firm’s ascent to market leadership among 36 […]
President Kais Saied urged lawmakers to end the independence of the monetary policy in the country by adopting a law that would allow the treasury to borrow directly from the central bank. The move is the latest in a series of moves to concentrate all powers in his firm grip, after he sapped the democratic […]
The World Bank has highlighted Morocco’s efforts to transform the agrifood system into a more climate-resilient, inclusive, and sustainable model that produces safe and healthy food. The Kingdom “is implementing a multi-faceted program to promote sustainable agriculture, boost irrigation in drought-prone areas, and make agriculture an attractive proposition for young people,” the Washington-based institution pointed […]
French President Emmanuel Macron and head of the Moroccan government Aziz Akhannouch opened on Saturday the Paris International Agricultural Fair which laid out the red carpet for Morocco as its first guest of honor. “We are very happy and proud to host Morocco as a guest of honor at the SIA, where it is represented […]
The African Continental Free Trade Area (AfCFTA) marks its fifth anniversary amid growing concerns about its implementation pace and effectiveness. Despite ambitious goals to create a unified market of 1.3 billion people and generate $450 billion in additional revenue by 2035, the agreement faces substantial obstacles in translating vision into reality. Infrastructure deficiencies pose a […]
Moroccan Saharan regions of Dakhla-Oued Eddahab and Laayoune-Sakia El Hamra signed on Thursday in Laayoune a partnership agreement with Kenya’s Mandera County Government, a move aimed at strengthening South-South cooperation and consolidating further Morocco’s relations with African countries. The agreement was inked by President of Laayoune-Sakia El Hamra Regional Council, Sidi Hamdi Ould Errachid, and […]
Morocco is planning to meet its needs of red meat by importing sheep from Australia, spokesman for the Moroccan government Mustapha Baitas said. Baitas confirmed the news according to which Morocco could import up to 100,000 sheep, ahead of the Eid Al Adha. A Moroccan agriculture and food safety delegation has been to Australia to […]
The Court of Appeal in London has upheld a ruling on a property in the capital linked to the late Libyan leader Muammar Gaddafi. The court sided with a US defense contractor in its bid to collect a £16 million award issued by the International Criminal Court (ICC) against the Libyan State. The dispute centers […]
Acwa Power, the Saudi renewable energy giant, has announced tthis week hat plans are underway to build, own, and operate a 2-gigawatt (GW) wind power plant in South Hurghada, Egypt. This large-scale facility, which is expected to generate enough electricity to power nearly 2 million homes, is part of the company’s ongoing expansion into the […]
Participants in the 4th Global Ministerial Conference on Road Safety adopted the Marrakech Declaration on Thursday—an ambitious roadmap designed to enhance global commitment to safer, more accessible roads for all. The Declaration reaffirms key principles to uphold, including strong leadership and accountability, sustainable funding, innovation and technology, and cross-sector collaboration. It also highlights the challenges […]