First Independent Mena Newspaper
The International Monetary Fund (IMF) and Mauritanian authorities have concluded a technical agreement on a new 42-month financial support program following a recent mission to Nouakchott. According to Mission Chief Félix Fischer, the arrangement is designed to “help Mauritania meet its financing needs, preserve its macroeconomic stability, and implement its National Development Plan.” […]
Libya has reached a significant milestone in its post-conflict recovery, with rival political institutions agreeing to adopt a unified state budget for the first time in over 13 years. Governor of the Central Bank of Libya, Naji Issa, announced over the week-end that the eastern-based House of Representatives and the Tripoli-based High Council of State […]
Libya and Sudan have reaffirmed on April 12 their commitment to advancing Africa’s economic architecture, with renewed efforts to operationalize the African Investment Bank positioned at the centre of their engagement. Acting Libyan Foreign Minister Taher Al-Baour held talks in Tripoli with Sudan’s Foreign Minister Mohi El-Din Salem, focusing on regional developments and the […]
The World Bank has approved a $500 million financial package for Morocco’s jobs creation and green growth development to enhance the Kingdom’s efforts engaged for a more inclusive & resilient economy at an international juncture marked by geopolitical tensions and disruptions to energy supplies. In a press release, the WB says this financing supports Morocco’s […]
Mounting pressure is building up as the Sudan Gold Exporters Association calls for immediate Government intervention to stabilize the country’s gold sector and safeguard fuel imports. In a sharply worded statement issued on Sunday, April 12, the association warned that persistent irregularities and alleged interference in gold exports are undermining the economy, distorting the […]
Authorities in Libya have renewed efforts to strengthen safeguards against financial crime, as the National Committee for Combating Money Laundering and Terrorist Financing convened its first meeting of 2026 in Tripoli last week. The meeting, chaired by Central Bank Governor Naji Mohammed Issa, brought together representatives from government, judicial, security and regulatory institutions to assess […]
A high-level Ecuadorian delegation visited Dakhla to explore investment opportunities in the Dakhla-Oued Eddahab region and exame prospects for economic and trade cooperation with the Kingdom as a whole. This visit is part of Ecuador’s Economic Promotion Week in Morocco, organized to showcase the economic potential of the Latin American country across various sectors. The […]
Morocco’s milk production sector has been strengthened with the recent opening of a new plant in Kenitra by the agricultural cooperative EXTRALAIT. The $10.8 million unit, which produces pasteurized milk, comes to enhance the dairy supply chain, which plays a central role in national food security. EXTRALAIT is a major dairy cooperative founded in 1953, […]
Morocco, France and the European Union have jointly launched two new programs at a ceremony in Rabat on Thursday 9 April, marking a significant step in the trilateral effort to build structured, rights-based pathways for legal labor mobility between North Africa and Europe. The two initiatives — THAMM+ Équipe France and the second phase of […]
Morocco is among the priority countries for the U.S. Department of Agriculture’s (USDA) Food for Progress program in FY 2026, aimed at bolstering agricultural productivity and trade. For FY 2026, Food for Progress anticipates awarding up to $226 million in new cooperative agreements for up to five-year projects ranging from $28 to $35 million each. […]