First Independent Mena Newspaper
Australian firm Fortescue Metals is planning to develop a 300 megawatts (MW) green ammonia and fertiliser facility in Kenya. The project could soon start as plans are in an advanced stage, reports Business Dailyn adding that the business marks Kenya’s first green ammonia energy production. The facility will boost the African nation’s growing clean energy […]
Tanzania, besides becoming an apex investment destination in Africa, has now developed as a food-producing hub in the continent, according to latest data from the Bank of Tanzania (BoT) and the Ministry of Agriculture. The food production boom in the East African country was possible thanks to the initiatives of its current administration, which has […]
Moroccan Foreign Minister Nasser Bourita started Monday a working visit to Washington, as part of the regular consultations between the two countries that aim to consolidate their strategic partnership that has grown significantly in recent years in all areas and exchanging views on various regional and international issues. During this visit, Bourita will have a […]
Morocco’s capital city Rabat is among the 50 greatest destinations to explore in 2023, according to American news magazine Time. The ranking was based on steeper costs and increased interest in sustainability and authenticity. Artistic and cultural reinvention is bringing new life to the capital city of Rabat, the magazine wrote, noting that in 2023, […]
Morocco called, Monday in Addis Ababa before the 55th session of the Conference of African Ministers of Finance, Planning and Economic Development (COM2023), for refocusing spending on better targeted forms of social protection alongside income support. The Kingdom also pleaded for adequate political and technical support to initiatives aimed at facilitating cash transfers, such as […]
‘A revival with fanfare’ is how the latest ranking of the most important 500 African companies drawn up by Jeune Afrique magazine might be best described, with profits amounting to $80,84bn in total. After analyzing the results of more than 1,200 companies, the French-language pan-African weekly news magazine unveiled its exclusive ranking of the 500 […]
Like many state and private Moroccan companies, waste management company Arma said it plans to set up a waste management plant in Abidjan where it is finalizing deals with suppliers. The company’s CEO Youssef Ahizoun told Reuters the plastic waste recycling plant would be ready within few months. Arma investment would be the first by […]
The European Union is eyeing the potential of Africa’s yet-to-be-developed green hydrogen industry, deepening climate and energy partnerships in the process, as evidenced by the recently inked $34 billion deal for a giant green hydrogen project in Mauritania. After a recent rush on Africa’s natural gas resources following the Russia-Ukraine war flare up in March […]
Germany’s plan to establish migrant centers in five African countries to offer a select category of Africans the possibility of settling on its soil is likely to encourage brain drain, which will occur due to the exit of skilled people from the continent, experts have warned. The new fast-track procedure proposed for skilled labor essentially […]
Morocco plans to introduce subsidies to help small companies leave the informal sector, employment minister Younes Sekkouri said. The aid consists of 10000 dirhams to subsidize rent payments of small companies to help them integrate the formal sector, Sekkouri said. Sekkouri deplored that 70% of Moroccan entrepreneurs are operating in the underground economy. He also […]