First Independent Mena Newspaper
Some 174 Nigerian Micro Small and Medium Enterprises (MSMEs) have benefited from a European Union funded facility to produce high-quality Personal Protective Equipment (PPEs) and health-care related products. The MSME companies have been empowered after three years of implementing the EU-funded program which was launched in response to Covid-19 containment measures, aimed to strengthen the […]
The Rabat-based Bayt Mal Al-Quds Asharif Agency has inaugurated in the Holy City of Al Quds the emergency vigilance, coordination and monitoring unit, funded by the Kingdom of Morocco. The opening of this unit, which is part of the Agency’s budget allocated this year to support the health sector, was supervised by the director in […]
Egypt’s Nuclear and Radiation Control Authority (ENRRA) has granted permission to Russia’s Rosatom State Atomic Energy Corporation for the construction of the El-Dabaa Nuclear Power Plant’s 3rd unit with a capacity of 1,200 megawatts, ENRRA said in a statement. The authority last Wednesday approved the permission to establish the third unit at the Hyena Station. […]
Morocco’s migration and asylum policies were welcomed by most speakers at the 36th Committee on the Protection of the Rights of All Migrant Workers and Members of Their Families. On the occasion of the review of the second periodic report on the implementation of the international convention on the subject, the Committee’s rapporteurs interacted with […]
Mytilineos, a Greece-based industrial conglomerate whose business units are active in the sectors of metallurgy and energy, is planning to inject investment in Egypt in the areas of construction of solar power plants, storage batteries, new and renewable energy, oil, natural gas, infrastructure and sustainable engineering solutions, Egypt’s General Authority for Investment and Free Zones […]
The World Bank has granted an additional €94.7 Mln loan to the Casablanca Municipal Support Program, destined to increase the investment capacity of the commune, to strengthen the resilience of the city of Casablanca to the effects of climate change, and to improve access to basic services for citizens. The additional financing will allow to […]
King Mohammed VI has pleaded for a new industrial era that seeks to ensure Morocco’s sovereignty in the sector, enhance its resilience, and increase its competitiveness. In a message addressed to participants in the “First National Industry Day” which kicked off Wednesday in Casablanca, the Sovereign stressed the importance of being “fully prepared to enter […]
The World Bank and industry stakeholders have called for the lowering of the cost of sending remittances from the African diaspora to their home countries, as the money sent home is crucial in supporting household expenses in many developing countries. Sub-Saharan Africa remains the region most affected by the global crisis, but remittance inflows from […]
The Botswana government announced Monday that it will buy a 24% stake in the Belgian gem trader HB Antwerp, a move that is seen as a possible challenge to De Beers’s dominance of the southern African nation’s diamond industry. “Today is the dawn of a new era of a diamond industry in Botswana as we […]
Morocco phosphates and fertilizers producer OCP posted a record revenue of 11.28 billion dollars in 2022, up 40%, thanks to high prices as well as industrial flexibility, commercial agility, and efforts to reduce production costs. “OCP was able to fully leverage the benefits of higher prices, while calibrating production to match the attendant lower volumes, […]