First Independent Mena Newspaper
In a surprising shift atop Africa’s wealth pyramid, South African business magnate Johann Rupert has claimed the title of the continent’s richest person, surpassing long-time leader Aliko Dangote of Nigeria. This changing of the guard reflects the volatile nature of global markets and regional economies. Rupert, the 74-year-old mastermind behind the world’s largest luxury watchmaker, […]
Australian company Worley has announced that its Front-End Engineering Design (FEED) work on a green ammonia project in Morocco will be launched in the third quarter of 2024. In its annual report released Tuesday, Worley said the Tarfaya project, the world’s first Power-to-X green ammonia program, includes a transmission grid, hydrogen and ammonia plants and […]
The United Nations and the US have called for an “urgent” meeting of Libyan political leaders to address the crisis of the Central Bank of Libya (BCL) and the blockade of oil production and exports. The UN Support Mission in Libya expressed “deep concern” over the worsening situation and convened a meeting to seek a […]
The African Development Bank (AfDB), headquartered in Abidjan, Côte d’Ivoire, will elect a new president in May 2025. As the candidacy period approaches in September 2024, several names are emerging as potential contenders. Among the prominent candidates is Ousmane Kane from Mauritania, a former AfDB Vice-President for Institutional Services and a close associate of Mauritanian […]
Egypt has secured the 95th rank in the top 100 science and technology clusters in the 2024 Global Innovation Index. This recognition positions Cairo as the only North African cluster on the list, according to the World Intellectual Property Organization (WIPO) report. The report noted that from 2019 to 2023, Cairo filed 166 patent applications […]
Thanks to its achievements in global competition, its infrastructure and training programs, Morocco has become a “football heavyweight”, Le Point wrote. In a detailed article, the famous French publication, cites the most recent achievements of Morocco’s football squads, notably the World Cup semifinal in Qatar and the bronze medal in the Paris Olympics. This breakthrough […]
The Board of Directors of the Central Bank of Libya, appointed by the Presidential Council, announced on Monday (August 26) evening that it has fully assumed its management duties. The announcement was made through a statement on the bank’s Facebook page. In the statement, the board affirmed its dedication to ensuring a smooth transition and […]
Morocco posted a new blueberries export record in the 2023/2024 season at 67,300 tons, up 25% from last season, despite drought. Spain stood as the largest destination for Moroccan blueberries with 30% of all exports, followed by the UK, the Netherlands, Germany, and France, East Fruit reported. Morocco’s blueberries were also exported to the Gulf, […]
“The Telegraph” has listed Morocco’s coastal city of Agadir in the top three best winter sun destinations, among 15 great destinations for travelers amid the rising cost of living, alongside locations such as Cape Verde, Cambodia, Vietnam, and others. Agadir ranked third among 15 destinations chosen as “great spots, providing affordable seasonal escapism for keen […]
Turkey is following in the footsteps of China and Russia in seeking to strengthen its foothold in the continent focusing mainly on oil and gold. Next month, Turkey will send the research vessel Oruc Reis to explore offshore oil blocks in Somalia, where Ankara has its largest overseas military base and manages key infrastructure. Turkish […]