First Independent Mena Newspaper
Israel is on the way to announce a formal recognition of Morocco’s territorial integrity and sovereignty over the Sahara, according to Israeli media. The issue is at the heart of a visit to Morocco by Israel’s National Security Adviser Tzachi Hanegbi who met on Wednesday Morocco’s foreign minister Nasser Bourita. Israel’s transport minister Miri Regev, […]
The Organization for Economic Co-operation and Development (OECD) projected the Moroccan economy to grow by 3.5% this year and 3.7% next year, in an optimistic forecast that is closer to the government’s expectations of 4%. In its recent projections, Morocco’s central bank sees the economy growing by 2.6% this year from 1.2% last year. The […]
Paris-based multinational financial services company, Société Générale, also known as SocGen, has withdrawn from four African countries, namely Chad, Congo, Equatorial Guinea, and Mauritania. The company announced this Thursday that it has signed agreements with two pan-African banking groups for the sale of its subsidiaries in the four African countries. The company has not disclosed […]
Morocco’s Foreign minister Nasser Bourita conferred on Wednesday in Rabat with Israeli National Security Advisor Tzachi Hanegbi on bilateral and regional issues of common interest. They hailed cooperation ties that are gaining momentum between the two countries in all sectors, especially in matters of security, according to local press reports. Though no reference has been […]
The WTO chief has called on African countries to create trading opportunities and increase investment in agriculture to address food security in Africa, as the head of the African Federation of Women Entrepreneurs (AFWE) stressed the need for improved infrastructure and the removal of tariffs to facilitate intra-African commerce. In a speech read on her […]
Morocco’s economic growth is expected to reach 2.5 pc in 2023 before rebounding to 3.3 pc in 2024, according to the World Bank’s latest Global Economic Prospects report. The persistent drought and high inflation are weakening growth in Morocco, with unemployment rising to above its pandemic peak in March 2023, said the WB. However, growth […]
The United Nations has provided Congo around $1 million for agriculture projects under the supervision of the World Food Program (WFP) bureau in the central African country. The financing, over two years, was announced by Dima Al-Khatib, Director of the United Nations Office for South-South Cooperation (UNOSSC). “This is a project for which we’re going […]
The Ivorian Government inked Tuesday three Memorandum of Understanding (MoU) worth $450 million for three projects to increase sustainable economic growth, job creation and private sector development, Anadolu news agency reports, citing a communique issued by national steering Committee for public-private partnerships. The agreements were signed on the sidelines of the Africa CEO Forum held […]
An Israeli elite unit is taking part for the first time in the African Lion military games on Moroccan soil, Israeli defense forces spokesman Avichai Adraee said. Israel will send a delegation of 12 soldiers and a commander of the Israel Defense Forces to the African Lion, which brings together 8000 soldiers from 18 countries. […]
Morocco will spend 0.5 billion dollars to help farmers access animal feed at a subsidized price as the country’s grains agency tenders for 500,000 feed barley. The aid is part of a $1 billion package announced last month in aid to farmers to help mitigate drought impact on crops and cattle. Recurrent droughts slashed Morocco’s […]