First Independent Mena Newspaper
Spain’s President of the Government, Pedro Sánchez, stressed on Wednesday at the Congress of Deputies the “excellence” of cooperation relations with Morocco in all areas, saying that his last visit to the North African Kingdom, last February, gave a new momentum to bilateral ties. “We enjoy excellent cooperation with Morocco, particularly in the fight against […]
Amid intense competition with the United States to dominate Artificial Intelligence (AI), China has recently hosted a forum attended by a number of African countries designed to deepen a collaboration in the field of AI governance. Hosted by Cyberspace Administration of China, the country’s internet watchdog, the China-Africa Internet Development and Cooperation Forum urged Beijing […]
Morocco’s state-owned OCP Group and Australian Fortescue Energy have announced a Joint Venture (JV) destined to supply green hydrogen, ammonia, and fertilizers to Morocco, Europe, and international markets. The JV will also contribute to the development of manufacturing facilities and a R&D hub to advance renewable energy industry in Morocco. Mostafa Terrab, CEO of OCP […]
The U.S. trade office said Kenyan officials have been systematically asking bribes from U.S. investors, who complained of lack of transparency and excessive complexities and inefficiencies in the procurement process for contracts. Corruption will thwart foreign investors in Kenya where only those who pay a bribe manage to invest, said the U.S. trade office in […]
Morocco’s economic growth stood at 2.9% in the first three months this year, despite drought that undermined agricultural production. Led by domestic demand, non-agricultural growth was at 4% the same period thanks to the industrial sector and services, the high commissioner for planning said in a report. Rainfall was 42% lower compared to last year […]
Zimbabwe has finally launched a gold-backed currency to bring down inflation, ending a decade of dollarization. The new currency or Zig- standing for Zimbabwe Gold- is the latest attempt to end hyper-inflation in the country which lasted for 25 years. Zig is intended to be a market-determined exchange rate, said Zimbabwe’s central bank governor while […]
French minister in charge of foreign trade, Franck Riester, said his country “welcomes” and is “ready” to finance Morocco’s investments in the Sahara territory. His statement echoes that of French foreign minister who broke the ice in Rabat saying France welcomed the development effort led by Morocco in its southern provinces and is ready to […]
Avocado production and export in Morocco continues its upward trend, generating important foreign exchange earnings, said the international EastFruit online magazine. Between July 2023 and January 2024, the North African Kingdom exported nearly 40,000 tons of avocados, worth $120 million, setting a new record for the period. With four more months to go and the […]
The modernization of Morocco’s land forces enabled the Royal Armed Forces to take the 20th position in a list of armies with the largest and most advanced artillery arsenals. Using data from the Stockholm Peace Institute and other defense sources, US portal Insider Monkey listed Morocco as the 20th most powerful artillery, citing the upcoming […]
Morocco is considering applying anti-dumping measures on tomato paste imported from Egypt, the industry minister said as local industries complain of unfair competition. The agri-food federation noted in a report that Egyptian imports had a far lower price resulting in loss of jobs for the local tomato paste industry, whose sales plummeted by 14%. The […]