First Independent Mena Newspaper
UN World Tourism Organization has chosen Morocco’s capital city of Rabat for establishing its Thematic Office on Innovation for Africa. The move is an international recognition of the Kingdom’s role as a key partner in supporting tourism growth across the continent. UNWTO Secretary-General Zurab Pololikashvili and Moroccan tourism minister Fatim-Zahra Ammor signed on Tuesday Host […]
A significant shift in U.S. maritime regulations has positioned Morocco as a key beneficiary in global shipping routes, reports Les Inspirations Eco in its January 29 edition. The Federal Maritime Commission’s recent decision requiring specific shipping companies to route through Moroccan ports has created unprecedented opportunities for the Kingdom’s maritime infrastructure, particularly the Tanger Med […]
As the three junta-led Sahel countries are to officially quit the regional grouping ECOWAS on Wednesday (29 January), the years of growing political tensions and deteriorating relations with their neighbors have shaken up trade routes across the West African region. The looming withdrawal of Burkina Faso, Mali, and Niger from the Economic Community of West […]
Ghana is set to establish a Gold Board to better regulate gold purchases from small-scale miners, aiming to increase national earnings and reduce smuggling, Reuters reported. The initiative, announced by the newly appointed Finance minister, Cassiel Ato Forson, is designed to help the country, Africa’s leading gold producer, optimize the benefits from its gold exports […]
This year, Africa is poised for modest economic growth, with recovery driven by the continent’s major economies, says a new UN report, with the AfDB projecting an annual growth rate of 4.3%, up from 3.7% last year. Nigeria, Egypt, and South Africa are expected to spur economic growth on the continent in 2025, according to […]
A landmark underwater rail tunnel project connecting two continents has entered a crucial new phase as engineering feasibility studies commence, marking a historic step in Mediterranean infrastructure development. The ambitious infrastructure project, which will link Morocco and Spain through the Strait of Gibraltar, has selected a world-leading tunneling technology firm, Herrenknecht Iberica, to conduct the […]
Morocco plans a gas power plant near Al Wahda dam with a total capacity of 990 megawatts and for a cost of 415 million dollars. State-owned water and electricity utility will offer 20% of the funding while the rest will come from securitization and bank loans, Le Matin daily reported, citing an official financial document. […]
Morocco’s production of tomatoes grew by 17% between 2014 and 2023, the UN’s Food and Agriculture Organization (FAO) said. Production increased from 1.23 million tons a decade earlier to 1.44 in 2023, it said, noting a drop in some main markets. The EU expects Morocco to remain its main tomato supplier until 2035, due to […]
As many African countries are struggling to service their debts, a new World Bank report warns that interest payments on long-term debt in sub-Saharan Africa surged nearly seven-fold to $26 billion between 2010 and 2023. The sharp increase came as the region’s foreign borrowing doubled to $864 billion within the same period. Africa’s worsening debt […]
The Guinean Government has taken control of the telecommunications operator Areeba Guinea, previously owned by the South African group MTN. This move asserts Guinea’s sovereignty over its telecommunications sector, but the real challenge will be revitalising an operator that has fallen behind in modernizing its infrastructure. MTN Guinea had a 21% market share in the […]