First Independent Mena Newspaper
The controversial Beijing-funded African Center for Disease Control (CDC) in Addis Ababa, Ethiopia that is due to open in the next few months is just one example of China’s increasing investment in health care on the African continent since the pandemic as it builds what analysts and Beijing call a ‘Health Silk Road’. According to […]
The French shipping company CMA CGM announced that it intends to launch a new maritime Shuttle, from November 10, 2022, which will connect Morocco, France and Spain, on a weekly basis. The French shipping company CMA CGM announced, in a press release, the launch of the new Morocco Shuttle service, departing from the port of […]
The transition authorities in Guinea have commissioned a cabinet market analysis to launch a new national carrier, 20 years after Air Guinée has gone bankrupt, Africa Guinee reports. Bernard Goumou, the Prime Minister of the West African country, has instructed the ministers of transport, finance, foreign affairs and budget to analyze the establishment of the […]
GMD Métal Tanger, a subsidiary of GMD Group, a leader in the field of subcontracting for the automotive sector, has inaugurated a new unit in Tangier Automotive City, located in the industrial platform of Tanger Med. The construction of the new industrial building, covering 30,000 m2 on a plot of land of 45,000 m2, required […]
Motherson has inaugurated a new facility in Tanger Med Industrial Platform, Morocco, replacing the existing Tétouan site, which was established in 2010. According to a press release from Motherson, this new facility is a part of its Modules and Polymer Products division and will produce interior modules and components like instrument panels and door panels […]
While effective air connectivity within Africa is key to unlocking the potentials of tourism on the continent, unfavorable visa regimes, insecurity, high cost of air transport and low quality of tourism support services among other factors are hindering the growth of tourism in Africa. ”The truth is that the performance of the region’s aviation industry, […]
The economies of the Middle East and North Africa (MENA) region are expected to grow by 5.5% this year —the fastest rate since 2016—followed by a slowing of growth to 3.5% in 2023, the World Bank says. Yet this growth is uneven across the region, as countries, still struggling to overcome the lasting effects of […]
Morocco and Saudi Arabia have signed a bilateral agreement in the field of air transport on the sidelines of the 41st session of the Assembly of the International Civil Aviation Organization (ICAO), held in Montreal from September 27 to October 7. The agreement, which will give a strong impetus to cooperation relations between the two […]
Afreximbank has approved $200 million toward financing of a contested oil pipeline to export Uganda’s crude, while a report released by two environmental NGOs has warned of potentially “unacceptable” damage caused by a controversial project involving French oil giant TotalEnergies and China’s National Offshore Oil Corporation (CNOOC). The Nigeria-based bank was also willing to finance […]
S&P Global Ratings maintained Morocco’s rating unchanged at BB+ for the second year, citing the country’s strong sovereign credit, and projected that Moroccan economy will expand by 1.4% this year, after bouncing back by 7.9% in 2021. Representing the country’s ability to meet its financial obligations, the S&P rating shows that Morocco’s creditworthiness is largely […]