First Independent Mena Newspaper
American companies Kansas Modification Center (KMC), Stratos Industries, and Integrated Aerospace Alliance (IAA) have chosen Casablanca to install their plant specialized in the conversion of Boeing passenger planes into cargo aircraft. The announcement was made lately by the three partners in a joint press release. They chose the North African Kingdom for its political stability, […]
The IMF said Morocco’s economic growth would pick up slightly to 3.1% this year and 3.3% next year, forecasting a return of inflation to pre-pandemic levels. Inflation would stand at 2.2% this year and 2.5% next year, in line with central bank forecasts, the IMF said in its April global economic outlook. Algeria’s growth would […]
China National Petroleum Corporation (CNPC) agreed to offer a loan of 400 million dollars to the Niger government, which is struggling with the impact of sanctions. The loan is seen as one of the first steps to wean financial dependence on the West, with whom the military rulers are increasingly at odds, going as far […]
Morocco is set to reinforce its battle-hardened air power capabilities through the acquisition of fighter jets and the upgrade of existing ones as well as the purchase of attack helicopters and latest drone technologies. Located in North Western Africa and bordered by a warmongering Algeria that has been instigating the Polisario militias to breach a […]
More investments in the wood processing industries would be conducive to African industrialization and integration, said the African natural Resources Management and Investment Center. In a report, the center highlighted the transformative potential of wood processing across the continent in terms of boosting growth and offering jobs as well as promoting integrated markets. Wood processing […]
One-half of the world’s 75 poorest countries — more than half of whom are in Sub-Saharan Africa — are facing a widening income gap with the wealthiest economies for the first time this century in a historical reversal of development, according to a new report released by the World Bank. The report unveiled this week […]
Visiting Belgian Federal Minister of the Interior, Annelies Verlinden, and Moroccan Minister of the Interior, Abdelouafi Laftit, have discussed in Rabat Monday means to strengthen bilateral cooperation, and strategic partnership in migration, terrorism, crime, and other sectors of common interests. During the meeting, which was attended by the Belgian State Secretary for Asylum and Migration, […]
Morocco is strengthening its defense and deterrence capabilities by acquiring new military technology, enabling the North African Kingdom to address threats to its national security and regional peace. Moroccan lawmakers have already passed laws allowing the setting up of joint ventures in the defense industry as the country aspires to reduce its dependence on the […]
Russia intends to establish a “grain exchange” with BRICS nations, aspiring to use this trade alliance of nine emerging countries to challenge Western dominance in agricultural trade. While the officially declared purpose of the inter-bloc grain exchange is to facilitate trade between BRICS member states, analysts say that the new alliance actually aims to become […]
Belgian Prime Minister Alexander De Croo has voiced his country’s support for the autonomy plan offered by Morocco for the Sahara under its sovereignty, saying the “serious and credible” effort made by the North African Kingdom is a good basis for reaching an acceptable solution to the Sahara regional conflict. This supportive stand comes in […]