First Independent Mena Newspaper
Russian foreign minister Segy Lavrov is on an African tour leading him to some of the countries that have distanced themselves from Western capitals. Lavrov began his tour with Guinea, which together with some African nations abstained from voting in favor of a UN resolution that calls for a withdrawal of Russian troops from Ukraine. […]
Morocco is convinced that Africa-Korea partnership brings in an important added value to the continent’s socioeconomic development, said Talbi El Alami, Speaker of the House of Representatives, who represents King Mohammed VI at the 1st Korea-Africa Summit convening in Seoul June 4-5. Korea’s technological & scientific progress, economic emergence, and steadfast commitment to the stability, […]
Morocco’s national carrier, Royal Air Maroc, and Etihad Airways of the United Arab Emirates have agreed to enhance their cooperation ties in order to provide their customers more flight options and better services for a memorable travel experience. The agreement, signed Monday, enables travelers of companies to book their entire journey on a single ticket […]
Morocco and south Korea are heading towards the establishment of a legal framework on trade and investment, with the aim to conclude an Enhanced Partnership Agreement (EPA). This was stated in a joint communiqué that was signed in Seoul by the Korean Minister of Trade Inkyo Cheong and Moroccan Foreign Minister Nasser Bourita, who participated […]
South Korea is hosting 48 African nations at a summit in Seoul to discuss cooperation on key minerals and other development projects in the growing African market, where great powers vie to strengthen their influence. Africa is a “crucial partner” for South Korea to further its industrial advances and “cooperation with Africa is not a […]
Morocco and France are preparing to hold their high joint committee on July 4 in Rabat, marking a patch up of ties after a period of silent diplomatic tension, Moroccan media reported. The committee will be co-chaired by Morocco’s Prime Minister Aziz Akhannouch and his French counterpart Gabriel Attal, who will be having his first […]
OCP Group, the world leader in plant nutrition solutions and phosphate-based fertilizers, announced it has finalized a €200 million financing agreement with KfW, Germany’s development and investment bank, to enhance global food security and combat climate change. The KfW loan is a significant contribution towards OCP Group’s $13 billion green investment strategy for 2023-2027 to […]
Morocco’s economic growth is expected to reach 3.5 pc in 2024 and 3.8% in 2025, driven by higher investment, according to latest projections released by the African Development Bank. In its African Economic Outlook 2024 report, the Bank said inflation is projected to fall slightly to 4.1% in 2024 and 3.8% in 2025, as world […]
While many in China and Africa hope that economic cooperation between both sides will continue to expand under a series of initiatives, including the Belt and Road Initiative (BRI), a new report by Carnegie Endowment for International Peace warns that Sino-Africa economic relations will be increasingly impacted by China’s slowing economy. At a recent Africa […]
Over $30 billion worth of gold was smuggled out of Africa in 2022, primarily to the United Arab Emirates (UAE), Turkey, and Switzerland, according to a new ground-breaking report by Swissaid that calls for more transparency and traceability in the gold supply chain to improve local conditions and artisanal miners’ working conditions throughout the continent. […]