First Independent Mena Newspaper
Works are ongoing to build the Dakhla port, in the Moroccan Sahara, with 27% achieved so far. The port is designed to serve as a commercial hub for southern Morocco and West Africa and has been at the heart of the King’s Atlantic Initiative, which aims at helping landlocked Sahel states access global trade and […]
LARC Morocco SAS, a subsidiary of Lithium Africa Resources Corp, will be exploring for lithium and gold in the Bir El Mami area, in the Dakhla Oued Eddahab region in the Sahara. A deal was signed in that regard with the Moroccan office for hydrocarbons and mines (ONHYM) as part of a strategy to promote […]
The Senegalese have voted on Sunday in parliamentary elections that will determine if President Faye can carry on with an ambitious reform agenda. Pools closed the same day with results yet to be announced for the 165-seat parliament, where Faye does not have majority. Faye, who achieved victory in March’s presidential election, dissolved parliament in […]
OCP Africa, a subsidiary of Morocco’s OCP Group, recently launched an Agricultural Service Centers project in Rwanda, with a view to supporting small farmers and boosting productivity in this East African country. This transformative initiative was launched in partnership with the Rwanda Fertilizer Company (RFC) and the international NGO Cultivating New Frontiers in Agriculture (CNFA). […]
The EU said it will not renew a fisheries deal with Senegal, whom it accused of non-cooperating on illegal fishing. The EU delegation in the West African country also accused Senegal of “failures in monitoring, control, and surveillance systems” on Senegalese ships in extraterritorial waters as well as on foreign vessels in the port of […]
In a latest measure to spur the defense industry, the Moroccan government adopted a decree exempting investors from corporate tax. The tax break will benefit manufacturers of defense equipment, weapons, and ammunition, the spokesman for the government said following a cabinet meeting. In June, the government approved a bill to set up two industrial acceleration […]
The European Bank for Reconstruction and Development has approved a financing of 200 million euros to support the desalination program of Morocco’s phosphates group, OCP. The loan will finance the construction of two OCP seawater desalination facilities, at its key industrial complexes in El Jadida (Jorf Lasfar) and Safi, the bank said in a statement. […]
Senegal prepares for crucial legislative elections that will determine the new government’s ability to implement promised reforms amid mounting economic challenges. The vote follows a period of significant political tension, with over 7 million registered voters choosing representatives for the 165-seat assembly from 41 political entities. Prime Minister Ousmane Sonko’s recent statements regarding supporters’ safety […]
The Nigerian Government has secured a $134 million loan from the African Development Bank (AfDB) to strengthen its agricultural sector amid growing food insecurity concerns. This funding aims to increase seed and grain production and improve food security, according to a statement of the Agriculture ministry on November 14. A recent “Harmonized Framework” report, prepared […]
Morocco’s booming EV battery industry positions the country to become an export hub to the EU and the US by 2030, said a report commissioned by the UK government under its Manufacturing Africa program. Morocco “could competitively produce and export LFP batteries to Europe by 2030 at USD 68-72/kWh. This could generate USD 10-15 billion […]