First Independent Mena Newspaper
The U.S. State Department has praised Morocco’s comprehensive counterterrorism strategy, which includes vigilant security measures, regional and international cooperation, and counter radicalization policies. In its latest annual report released Nov.30 on terrorism in the world, the State department said the United States and Morocco have a long history of strong counterterrorism (CT) cooperation, hailing the […]
King Mohammed VI has addressed a message to the World Climate Action Summit, held as part of the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) being held in Dubai, United Arab Emiraters, wherin he pleads for a pact for action to address the climate challenges. Here […]
Morocco was elected, in Vienna this Friday, to host the 93rd session of the General Assembly of the International Criminal Police Organization, Interpol. The 93 session will be held in Marrakech in 2025. The decision was made by the 91st session of Interpol, held from November 28 to December 1 in the Austrian capital. Director […]
Commercial International Bank, CIB, of Egypt has secured $148 million from the African Development Bank (AfDB), in form of financial package earmarked to support Small and Medium Enterprises (SMEs) as well as trade amid a shortage of foreign currency in the North African country due to complex endogenous and exogenous macro-economic and geopolitical factors. Including […]
Years of successive droughts emptied reservoirs pushing Morocco to speed up its desalination plans with new plants scheduled for Casablanca and Nador in 2027. Dam filling rate has dropped to 23% in Morocco on average in November with some critical dams such as Al Massira- supplying Casablanca- completely depleted. Construction works for the biggest desalination […]
Morocco’s economic growth is expected to increase to 3.3% in 2023 and strengthen further to 3.6% in 2024 and 3.8% in 2025, according to the projections of the Organization for Economic Cooperation & Development. In its latest report on the North African Kingdom, OECD says a rebound in agricultural production and the services sector, particularly […]
The Xlinks Morocco-UK power project is gaining momentum as French oil giant TotalEnergies has injected £20 million in the ambitious green project, joining fellow investors Octopus Energy and Abu Dhabi National Energy Company (TAQA). The French supermajor has decided to back the Morocco-UK project after withdrawing from Algeria due to endless hurdles to investors and […]
Saudi Arabia’s Riyadh was chosen to host the 2030 World Expo, the Bureau International des Expositions (BIE) announced on Tuesday. Riyadh needed only one round of voting and secured the necessary two-thirds majority of member States at the general assembly of Paris-based BIE. Riyadh won 119 votes, South Korea’s Busan 29, and Italian capital Rome […]
Habidem, a Mauritanian small business known for turning local resources into a bio-sourced thermal insulator from Typha, a noxious plant, has been awarded Med’Innovant Africa 2023 prize, an innovation competition created by Marseille-based urban and economic development Agency Euroméditerranée. Led by Oumar WELE, the company bagged €7,000 financial assistance, a full support package to build […]
Tanzania’s Foreign Direct Investment (FDI) figures went up almost twofold year-on-year to $1.05 billion between July and September against $524.4 million in the same period last year, a positive development that is widely attributed to growing investor confidence in the East African country. Released by the state-run Tanzania Investment Centre (TIC) in its quarterly bulletin […]