First Independent Mena Newspaper
The IMF revised upwards its growth projections for the Moroccan economy to 1.25% in 2022 and 3% in 2023, saying Morocco’s resilient exports, robust remittances and tourism recovery had helped offset some of the fallout of external shocks. The Moroccan government however expects growth to stand at 1.5% this year before increasing to 4% next […]
Toronto-headquartered Global Atomic Corporation launched Saturday a new uranium mining company in Agadez, northern Niger. Niger Prime Minister Ouhoumoudou Mahamadou attended the launch ceremony. Global Atomic Corporation’s subsidiary in the West African country, Somida will run the site located in Dasa, the commune of Tchirozérine in the Agadez region. No details about the investment nor […]
King Mohammed VI welcomed the achievements of a development model launched in 2015 to upgrade infrastructure as well as social services in the southern provinces. In seven years, the 77-billion dirham development program ($8 billion) is 80% complete with landmark projects such as the Tiznit-Dakhla highway in its final stages, the King said in a […]
Nigeria’s currency, the naira, has dropped to a record low against the US dollar as Nigerians scramble to stockpile the greenback ahead of a redesign of naira notes. It has been just over a week since the Central Bank of Nigeria (CBN) announced its plan to redesign the country’s highest paper denominations – the 200-, […]
China is using new hybrid logistics links or multimodal rail-sea lines to bypass cargo chokepoints in an effort to speed up trade with Africa, where it is the largest trading partner. New rail-sea hybrid transport options stretching from western China as far as Europe, which are speeding up goods movement to Africa, imply the belt […]
The approach adopted by Morocco in defending the Moroccanness of the Sahara stems from an integrated vision that combines political and diplomatic action with the promotion of socio-economic and human development in the region, said King Mohammed VI. “Our action to defend the Moroccanness of the Sahara is based on a holistic approach that combines […]
The Abraham Accords have offered a “huge potential” for cooperation in the Middle East, said international experts participating in the MEDays 2022 Forum, organized by Amadeus Institute in Tangier November 2-5. Speaking at a panel entitled “Paradigm shifts: what developments in the Middle East?”, vice president of the US think tank American Foreign Policy Council, […]
Dubai-based Emirates Airline suspended flights to and from Nigeria from October 29 over blocked funds, the airline’s spokesperson has confirmed, Zawya reports. “Emirates has continued to actively seek a solution for the repatriation of the remainder of its blocked funds in Nigeria. We were encouraged by the Central Bank of Nigeria’s efforts of reviewing our […]
Investing in climate action now will reap important benefits for Morocco, creating new jobs, revitalizing rural areas and positioning the kingdom as a green industrial hub while helping to reach its broader development goals, according to a new World Bank report released Thursday. The Morocco Country Climate and Development Report (CCDR), the first in a […]
Morocco’s National Police, Central Bank, the National Data Protection Authority and the Banks Association agreed to use an authentication system to secure online banking services against fraudsters and Identity theft. Developed by the security services, this system will enable bankers to verify the identity of clients wishing to access online banking services or in branch, […]