First Independent Mena Newspaper
The Economic Community of West African States (ECOWAS) is hosting a regional workshop in Lagos Oct. 8 through 11 to review and validate the Host Government Agreement (HGA) for the Nigeria-Morocco Gas Pipeline project. The workshop is a key step in the development of the gas pipeline, a strategic project spearheaded by King Mohammed VI […]
The European Investment Bank (EIB) is seeking to deepen its involvement in financing key development initiatives in Morocco, aligned with the country’s economic and social priorities. The remarks were made by EIB Vice-President Ioannis Tsakiris on Thursday in Rabat during talks with Minister of Economy and Finance Nadia Fettah. The EIB official reiterated the Bank’s […]
Fitch agency has maintained Morocco ‘BB+’ rating with a stable outlook thanks to the country’s sound macroeconomic policies, strong official creditor support, favorable debt profile and comfortable liquidity buffers. In 2023, Morocco’s economy grew by 3.4%, driven by strong non-agricultural sector performance and a rebound in agricultural output following a sharp contraction in 2022, said […]
According to the Central Agency for Public Mobilization and Statistics (CAPMAS), Egypt’s general consumer price index reached 236.5 points in September 2024, reflecting a monthly increase of 2.3 percent compared to August 2024. This uptick was driven by price hikes in several essential sectors. Notably, the cereals and bread category saw a 0.7 percent increase, […]
Intra-African trade, still beyond potential, is poised to grow two-fold in the upcoming five years, secretary general of the African Continental Free Trade Area, Wamkele Mene, said. The African Continental Free Trade Area (AfCFTA) is the world’s largest free trade agreement by number of countries, territory, and population, encompassing 54 African Union member states. Covering […]
A delegation of U.S. Senators, led by Jerry Moran, held a meeting in Rabat on Monday with senior Moroccan defense officials that discussed various aspects of bilateral cooperation in matters of security, defense, and regional security, the National Defense Administration said in a press release. The Moroccan side was led by Abdeltif Loudyi, Minister Delegate […]
UNESCO has named Rabat, Morocco’s capital city, World Book Capital (WBC) for 2026 upon the recommendation of the World Book Capital Advisory Committee. The announcement was made Tuesday by UNESCO Director General Audrey Azoulay. The UNESCO World Book Capital Advisory Committee includes representatives of European and International Booksellers Federation (EIBF), the International Authors Forum (IAF), […]
A growing group of influential EU member states expressed their tacit disapproval with an ECJ ruling that invalidated trade deals with Morocco. The ruling, described as a “blatant political bias” by Moroccan foreign ministry, annulled the fisheries and agricultural deals between the EU and Morocco because they covered goods from the Kingdom’s southern provinces, the […]
Solar power companies are rapidly expanding in Central and West Africa, bringing electricity to millions in regions where 600 million people still lack access. These often African-owned businesses operate in areas with low electrification rates, offering products ranging from solar-powered lamps to complete home systems. In West Africa, where 220 million people live without power, […]
Algeria’s president had nothing but words to attack the transatlantic pipeline that will connect Nigeria to Morocco, benefiting 13 other West African states. Speaking at an interview with sycophant state-sponsored media, Tebboune said the trans-Saharian pipeline was an “economic project” that would connect Nigeria to Algeria to “serve Europe.” Tebboune made the comment amid worsening […]