First Independent Mena Newspaper
The Board of Directors of the African Development Fund, the African Development Bank Group’s concessional window, approved a €38.84 million loan to Benin to help implement the initial phase of the Economic Governance and Private Sector Development Support Program, Abidjan-based lender said in a statement. The program designed to assist the Beninese government in its […]
Spanish Minister of Foreign Affairs, José Manuel Albares, is currently paying a visit to Morocco, his first trip abroad less than a month after the inauguration of the new Spanish government, led by Pedro Sánchez, to give a boost to the strategic partnership and further the ongoing constructive dialogue between the two countries. The Spanish […]
Egypt’s General Authority for Investments and Free Zones (GAFI) has been elected as regional director of The World Association of Investment Promotion Agencies (WAIPA) in the Middle East-North Africa region, at the 27th World Investment Conference (WIC) of the leading global body representing government agencies in charge of attracting inward investment, held in New Delhi. […]
The Board of Directors of the African Development Bank Group, has approved a loan of €81.9 million to Tunisia to implement the Treated Wastewater Quality Improvement Project for Climate Resilience Building (PAQEE-RCC). The approval, the bank said on December 13, came at a meeting in Abidjan on 6 December. PAQEE-RCC will improve the treatment of […]
Ryanair plans to launch 11 domestic flights in Morocco in summer 2024 linking 9 cities, tourism ministry said. The airline will serve the cities of Agadir, Errachidia, Essaouira, Fez, Marrakech, Ouarzazate, Oujda, Tangier, and Tetouan, it said in a statement. The decision is part of the low-cost airline’s plans to double its passengers to and […]
The World Bank has resumed cooperation with Gabon several months after freezing all financing projects in the central African country in a reaction to the military coup of August 30 following an electoral process deemed rigged by the military. The Washington-based lender, local media ‘Gabon Review’ reports, notified the ministry of Finance and Economy in […]
The African Development Bank (AfDB) announced Tuesday December 12 an agreement with the Lome-based West African Development Bank (BOAD), a line of credit agreement of €70 million to bolster the regional bank’s support to the private sector in the West African Economic and Monetary Union (WAEMU). The agreement, AfDB notes, was signed in Lomé on […]
Benin’s Foreign Minister Olushegun Adjadi Bakari has expressed support to Morocco’s territorial integrity, stating that his country considers the Autonomy Plan as the only credible and realistic solution to the regional dispute over Sahara. This came in a phone talk Olushegun Adjadi Bakari had this Tuesday with his Moroccan peer Nasser Bourita, the Moroccan Foreign […]
The Moroccan government will have to spend 900 million dollars (9 billion dirhams) in 2024 and 2025 on the new deal struck with teachers to end their long strike, education minister Chakib Benmousa said. After negotiations with teachers’ unions, the government had agreed to a wage hike of 1500 dirhams and an increase in other […]
The Executive Director of the European Agency for the Management of Operational Cooperation at the External Borders (Frontex), Hans Leijtens, emphasized Morocco’s pivotal role as a strategic partner in countering cross-border crime. “Morocco is one of our strategic partners, and it’s evident that we need each other in cooperation to fight cross-border crime [and] to […]