First Independent Mena Newspaper
Efret logistics Company has launched lately a road freight service from the UK to Morocco, a politically stable and business-friendly country increasingly looking to new markets to promote growth. The expansion of the Moroccan economy is creating new opportunities for UK firms. Last year, UK’s exports to the North African Kingdom reached £1.4 billion which […]
The Commercial Bank of Ethiopia (CBE), the biggest lender in the country, issued a deadline, asking people who have withdrawn or transferred money from the bank during the technical glitch to return the funds or face prosecution. Up to 40 million dollars have been withdrawn during the technical failure that took several hours to repair […]
The EU plans an aid of up to €164.5 over three years to help Tunisia stop migrants from crossing to Europe, the Financial Times reported. The EU funding will be invested in a training academy for the country’s national maritime guard, implemented with German federal police, it said. The funds will also help equip the […]
The European Union reaffirmed, in its 2023 report, the positive socio-economic impact of the agricultural agreement with Morocco, and the full benefit of the agreement’s provisions for the population of the kingdom’s southern provinces. The publication of this annual report by the European Commission and the European External Action Service (EEAS) comes on the heels […]
The number of Chinese workers across Africa has plummeted to its lowest level in more than a decade, according to data from China’s National Bureau of Statistics, with experts saying the continent is unlikely to see the high numbers of the past even though postponed China-run projects are now being restarted. After decades when Africa […]
South Korea LG Chem Ltd. has been selected to provide a water purification process for a desalination project to be carried out by Moroccan phosphate giant OCP Group. Under the deal, LG Chem will supply some 18,000 reverse osmosis (RO) membranes which will be used to desalinate 246,000 m3 of water a day at Jorf […]
Cooperation prospects between Morocco and the International Monetary Fund, in view of the World Bank and IMF Spring Meetings, scheduled in Washington April 17-19, were reviewed at a meeting between Morocco’s Ambassador to the United States, Youssef Amrani, and IMF Managing Director, Kristalina Georgieva. During the working meeting, Kristalina Georgieva commended Morocco for the excellent […]
A final investment decision (FID) to build the Nigeria-Morocco gas pipeline is expected to be reached by the end of 2024, chief of state-owned Nigerian National Petroleum Company (NNPC) said. The pipeline, to cost about $25 billion, runs 7000 kilometers both on-shore but mostly offshore. “There is ongoing engagement on the Nigeria Morocco Gas Pipeline […]
Drought has shattered prospects for a good harvest this year with only 2.5 million tons expected, down from 5.51 million tons last year, Morocco’s central bank said. The bank explained that a shortage of rainfall led to a drop in cereals planted area to 2.5 million hectares, compared with 3.7 million hectares last year. As […]
Spain is committed to further improving ties with Morocco, said the Spanish Foreign Minister, describing Morocco as a “key partner.” “Spain should have the best relations with a neighbor like Morocco. This is a rule of our foreign policy and state policy,” foreign minister Jose Manuel Albares told the Spanish Senate. “Morocco is a key […]