First Independent Mena Newspaper
The impoverished citizens of Burkina Faso have missed out on a gold mining boom over the last decade, as the West African country loses territory to Islamist militants and lurches from coup to coup, threatening to turn the boom to bust. As the fourth largest gold producer in Africa, Burkina Faso has been in the […]
The European Union, EU, has allocated 96 million euros for West African states to support the region to build resilience and local food production capacity in the backdrop of the ongoing crisis between Russia and Ukraine. Francesca Di Mauro, head of the EU mission to Cote d’Ivoire made the announcement Monday in capital Abidjan. She […]
King Mohammed VI on Monday inaugurated the new bus station of Rabat, a project constituting a fundamental component in the restructuring of the capital’s southern entrance, modernizing interurban transport sector at the level of the conurbation and consolidating the image and attractiveness of the Capital of the Kingdom. The new bus station of Rabat, which […]
President of the Federation of Moroccan Chambers of Commerce, Industry and Services (FCMCIS), Lhoucine Alioua, and Spain’s Ambassador to Morocco, Ricardo Díez-Hochleitner Rodríguez, discussed means to strengthen trade and economic exchanges between the two countries. During these talks, held in Rabat, the two sides welcomed the development of bilateral cooperation relations, including in matters of […]
“The issue of inclusive industrialization in the Sahel is of prime importance” given the challenges the conflict-torn region is currently facing — this is the main message from an event this week that was held as a part of the African Union Summit in Niamey, Niger. As part of the African Union Summit on Industrialization […]
The Moroccan Ministry of Tourism & Handicraft, the Moroccan Society of Tourism Engineering (SMIT) and the World Tourism Organization (WTO) signed, on Friday in Marrakech, a partnership agreement for the promotion of investment and digitalization in the tourism sector in Morocco. The agreement, signed on the sidelines of the thematic session of the 117th Executive […]
Morocco and Saudi Arabia’s tourism ministers agreed to work together to promote sustainable tourism and promote the exchange of expertise notably in the field of training human resources. The deal was signed in Marrakech by visiting Saudi tourism minister Ahmed Al-Khateeb and his Moroccan peer Fatim-Zahra Ammor. It was sealed on the sidelines of a […]
Belgian aerospace company SABCA opened on Wednesday in Casablanca new assembly line of aerostructures of PC-12, a single-engine aircraft made by Swiss Pilatus Company. Built over a 16,000 m² area, the $16 million plant employs 240 skilled workers and engineers. Its inauguration ceremony was attended by Taoufiq Moucharraf, Secretary General of Industry ministry, Stephane Burton, […]
The UK government has dedicated £4 billion (€4.7 bn) for strengthening further trade exchanges and economic cooperation with Morocco, a longstanding friend and partner of the United Kingdom. The announcement was made by UK Export Finance (UKEF), a government agency which appointed a new International Export Finance Executive (IEFE) in Casablanca. Up to £4bn is […]
After the FTX cryptocurrency exchange’s collapse earlier this month that has left a trail of losses for companies and individuals, Africa’s financial regulators have sensed an opportunity to place stricter constraints on crypto’s adoption. Before FTX’s meltdown, the crypto giant was becoming a force for normalizing cryptocurrencies in Africa, through marketing campaigns that enlisted entertainers, […]