First Independent Mena Newspaper
The African Continental Free Trade Area (AfCFTA) needs to remove visas and reduce custom processes to ease movement of goods within the African continent — this is the main appeal voiced by the Pan-African Private Sector, under the umbrella body of the African Business Council (AfBC). During the AfCFTA Business Forum recently held in Cape […]
As fierce battles between armed forces loyal to two rival generals continue raging and with Sudanese counting their losses, the wider region is already reeling from the impact of the one-week conflict due to Khartoum’s economic importance in Northeast Africa, according to analysts. Khartoum’s economic importance to its neighbors have already been felt and, as […]
The “MENA Diplomat of the Year 2023” award was granted to Morocco’s Ambassador to the United Kingdom, Hakim Hajoui, during the 13th edition of the Diplomat magazine’s awards ceremony held on Monday. This award recognizes the forward-looking vision of King Mohammed VI and the exceptional progress scored by the North African Kingdom, said the Moroccan […]
An economic partnership agreement aimed at bringing together the Moroccan and Congolese business communities was signed Tuesday in Rabat between the Chamber of Commerce, Industry and Services (CCIS) of the Rabat-Salé-Kenitra region and that of the Democratic Republic of Congo (DRC). Under this agreement, the two parties vow to establish an economic partnership to discover […]
The first 100% Morocco-made military vehicle, an important step in the industrial development of the Kingdom, will soon be presented to the world during the next edition of the Industry Meeting Days to be held in Tangier, announced the manufacturer FAR Group AFRICA. FAR Group AFRICA will unveil the ‘African Lion’, the first military vehicle […]
Morocco’s transition to low-carbon economy requires an annual investment of $2.6 billion through 2030, rising to $17.4 billion annually by 2050, according to a report released by the World Bank The money will be spent on new clean energy solutions and technologies, explained the report titled: Scaling up to phase down: Financing Energy Transitions in […]
Côte d’Ivoire has secured two loans worth nearly €560 million from the World Bank and the International Monetary Fund (IMF) for the financing of two development projects. The first credit, 282.8 million euros, concerns inclusive sustainable development project for secondary cities while the second estimated at 276.9 million euros will be used to finance the […]
Chinese firms operating in Africa are often accused of underpaying local workers, but a new study conducted by British experts in Angola and Ethiopia suggests that this reputation is undeserved. As Chinese companies have become active in sub-Saharan Africa, they’ve earned a reputation for paying their local workers less than their Chinese colleagues. But based […]
Spanish Presidency Minister Félix Bolaños on Friday said that his country must have “very good” relations with Morocco, calling the North African Kingdom a “strategic ally” in various areas. “Morocco is a strategic ally with which we must maintain a very good relationship for the good of our country,” said Bolaños, who was the guest […]
As 93% of the most climate-vulnerable countries in the Global South are “drowning in debt, according to a new research from ActionAid, experts warn that illicit trade greatly exacerbates this budgetary disaster, which in turn robs governments of massive amounts of tax revenue while undermining medical, environmental and economic health. The ActionAid study also rings […]