First Independent Mena Newspaper
Russia and Turkey have recently strengthened their nuclear footprint in Africa, the former by inking a nuclear deal with the Congo and the latter through reported efforts by to acquire some of Niger’s uranium assets to support its growing nuclear-power industry. After being involved in several nuclear deals across Africa, Russia’s state company Rosatom which […]
Moroccan economy has shown resilience and has accelerated, with real output increasing by 3.4 percent in 2023, according to the World Bank’s latest economic monitor for the country. “Despite various obstacles, including a slowdown in the global economy, an inflation shock, and the Al Haouz earthquake, Moroccan economy has shown resilience and has accelerated with […]
Morocco and Japan have expressed their shared will to bolster their cooperation in sea fisheries and aquaculture. During the 38th Morocco-Japan Annual Fisheries Consultation, held this week in Rabat, the two parties have expressed their commitment to contribute to the sustainable management of fisheries resources, the Ministry of Agriculture & Fisheries, said in a press […]
The US State Department has highlighted the assets that make of Morocco a magnet for foreign investments, such as its positive macro-economic policies, trade liberalization, and structural reforms. “Morocco actively encourages and facilitates foreign investment, particularly in export sectors like manufacturing, through positive macro-economic policies, trade liberalization, investment incentives, and structural reforms,” said the US […]
Morocco’s top port operator, Marsa Maroc, said it will operate terminal 1 and 5 in Cotonou’s port after winning an international tender issued by the company in charge of cargo handling, Société Béninoise des Manutentions Portuaires (SOBEMAP). Marsa Maroc saw its shares in the Casablanca stock exchange surge following the announcement which marks the first […]
The Royal Air Maroc (RAM) CEO Abdelhamid Addou recently visited Boeing’s facilities in Seattle, USA, following an earlier similar meeting with Airbus in Toulouse, France. These visits, according to the Moroccan website Aeronautique, are part of RAM’s efforts to finalize an order for 188 new aircraft, aligning with Morocco’s tourism strategy for 2023-2026. RAM delegation […]
Growth in the Middle East and North Africa region (MENA) is projected to increase from 1.8% in 2023 to 2,2% in 2024 and 4% in 2025, the International Monetary Fund (IMF) said Tuesday. This is a downward revision from the April projections, the IMF pointed out in its World Economic Outlook (WEO) report. In April, […]
The UAE will resume issuing visas to Nigerian nationals following a ban that was imposed in 2022, after Nigerian authorities prevented Fly Emirates from repatriating funds. The decision was announced by Nigeria’s information minister Mohammed Idris, who added that the two countries would resume direct flights. “I can tell you that the agreement has been […]
Ghana’s cocoa harvest was 55% less than an average year, standing at 429,323 tons, as climate change induced heat waves took a toll on local farmers. Special commodities monitors have predicted a catastrophic harvest in Ghana and other West African producers this year, following a heat wave and tree disease that damaged the harvest. Cocoa […]
Germany’s top diplomat has talked up the prospect of closer political ties with Senegal and the Ivory Coast, two of the last democracies in a region otherwise plagued by sectarian conflict, in the latest attempt by a senior EU politician to rebuild the bloc’s political influence in West Africa. Germany’s Foreign Minister Annalena Baerbock is […]