First Independent Mena Newspaper
Remittances flows to Morocco reached more than $5.4 billion during the first seven months of 2022, against $5.1 billion recorded the same period of last year. According to latest data released by the Foreign Exchange Office, money transfer operations made by Moroccan Diaspora during the past months increased by 7.4 pc compared to the same […]
TUI Group, one of the global tourism leaders, has voiced readiness to strengthen further its presence in Morocco and step up investment in the North African Kingdom. At a meeting held Thursday in Rabat with Head of Moroccan Govt. Aziz Akhannouch, TUI chief Sebastian Ebel said the German travel giant is upbeat over the growth […]
Workers in the private sectors will benefit from a 10% wage hike within the next two years, while the minimum salary in the agricultural sector will be raised by 10% starting this month, the government announced on Thursday. The move marks the implementation of social dialogue deals announced last May between the government and major […]
E-mobility start-up Roam recently partnered with M-Kopa, a Nairobi-based clean energy financier, to provide thousands of e-motorcycles to riders in Kenya, after becoming the first startup in the country to convert petrol-powered motorbikes to electric last year, starting with a fleet of 100. “This is one of the biggest leaps for electric mobility in Africa,“ […]
The United States has allocated to Madagascar $20 million to help the African country to tackle food security exacerbated by the ongoing Russia-Ukraine conflict. The financing, the US ambassador Claire A. Pierangelo, notes, is within the framework of the US government’s global response to the impact of the “illegal invasion of Ukraine by Russia. The […]
The diplomatic tensions between Rabat and Tunis due to the support shown by Kais Saied to the Polisario separatist militias could spill over to economic ties between the two countries. Moroccan media Assabah noted that Rabat could review the Free Trade Agreement if Tunisia insists on its tacit support for the Algeria-backed Polisario militias. Morocco […]
Australia’s Sandfire Resources Ltd plans to spend additional $71.9 million to expand production at its under-construction Motheo copper mine in Botswana as it looks to establish a major mining hub in the Kalahari Copper Belt. Sandfire’s Motheo mine is the second copper mine to be developed in the region, which extends over nearly 1,000 kilometers from […]
The launch of the Wasoko Innovation Hub in Zanzibar by African e-commerce company Wasoko, in partnership with the regional government, marks the latest milestone in its rapid growth journey, which saw the start-up named as Africa’s fastest growing company by the Financial Times in May 2022. Located in Fumba Town, the Wasoko Innovation Hub will […]
Moroccan Minister of Foreign Affairs, Nasser Bourita, announced Wednesday in Dakhla, the imminent holding of a ministerial meeting of countries that have opened consulates in the southern provinces of the Kingdom. “We will work in the coming months to hold a meeting, whether in Laayoune or Dakhla, in the presence of all countries that have […]
Morocco’s tourism industry is shaking off dust left by the pandemic with ambitions to attract 26 million tourists by 2030. The announcement was made by tourism minister Fatima Zahra Ammor at a meeting with tourism professionals to elaborate a new roadmap for the sector. The new tourism promotion plan aims to increase air links, promote […]