First Independent Mena Newspaper
Economic leadership that was long concentrated in the West has decisively shifted towards emerging economies, whereby this historic global shift in trade and power is redefining Africa’s role in the world economy, says a new book ‘West to East: A New Global Economy in the Making’. Its author, economist Arno van Niekerk, described in a […]
As the African Growth and Opportunity Act (AGOA) quietly expired on 30 September, uncertainty looms over U.S.–Africa trade ties, though business leaders and policy experts insist this is “no cliff edge,” as African Report calls it — but a wake-up call. At the recent Global Africa Summit in Washington, D.C., U.S. trade advisors said African […]
The Moroccan national under-20 football team has achieved a historic and unprecedented feat by qualifying for the final of the FIFA U-20 World Cup being held in Chile, in an epic and tense semifinal. Actually this came after a thrilling and hard-fought victory over France in a penalty shootout, following a 1–1 draw at the […]
The Russian Federation considers Morocco to be “an important partner” on the African continent, the Russian Ministry of Foreign Affairs pointed out in a statement, issued on Wednesday on the eve of the visit to Moscow by Moroccan Foreign Minister Nasser Bourita. The ministry indicated that Russian Foreign Minister Sergey Lavrov will hold talks with […]
The UK government has invited investors to tap into the huge business opportunities offered in Morocco’s critical minerals (CM) processing, driven by surging global demand for electric vehicles and renewable energy technologies. A report published by the British Foreign Office and Department for Business & Trade says the North African Kingdom provides a £35 billion […]
Morocco’s aerospace industry is entering a new phase of expansion and global integration, marked by the launch of a major aircraft engine complex by French aerospace leader Safran. The project, unveiled on October 13 in the presence of King Mohammed VI, reflects the country’s transformation into a strategic hub for high-value aviation manufacturing and services. […]
Shandong Yongsheng Rubber Group Co., Ltd., a leading Chinese tire manufacturer, has launched construction works of a major plant in Morocco, enhancing further the country’s growing automotive ecosystem. The Chinese group has earmarked $675 million investment for this new production site to be built over a 25 ha area in the Betoya Free Zone, Driouch […]
The 2025 ranking of African banks by Tier 1 capital confirms a well-established continental hierarchy, with South Africa, Egypt, Morocco, Algeria, and Nigeria dominating the top positions. Tunisia was absent. According to the latest data, the threshold for inclusion in the Top 20 now stands at approximately $2 billion in Tier 1 capital. Tunisia’s largest […]
Mauritania held talks on Tuesday, October 14, in Washington with the Arab Fund for Economic and Social Development to explore ways to strengthen bilateral cooperation and review development programs funded by the Fund. The discussions focused on key sectors including infrastructure, energy, and rural development, highlighting ongoing projects aimed at boosting the country’s economic growth […]
The Central Bank of Libya announced on Tuesday, 14 October 2025 that it has contracted to print 60 billion Libyan dinars (approximately 11.03 billion U.S. dollars) to sustain liquidity as it phases out old banknotes. The Tripoli-based institution described the move as a precautionary measure to replace the 1, 5 and 20 dinar notes with […]