First Independent Mena Newspaper
Morocco has decided to “significantly” increase its contribution to the annual budget of the Central Emergency Response Fund (CERF) by allocating 100,000 dollars for the year 2021, announced, on Tuesday, Minister of Foreign Affairs Nasser Bourita. Speaking at the 2020 high-level CERF donors conference held remotely, Bourita stressed that Morocco’s contribution to the Fund’s annual […]
The Moroccan airline Royal Air Maroc (RAM) is launching as of December 15 and during the next five months fifteen new routes towards France, Germany, Spain, Italy, Belgium and the United Kingdom. The operation, carried out in cooperation with the Moroccan National Tourist Office, aims to support the tourism sector which was badly affected by […]
The Central Bank of Libya, CBL, held Monday for the first time a full board meeting since 2014 after which the bank was split into two. The bank, Libya Observer reports, held a full-quorum meeting for the first time in six years to discuss fixing exchange rates of the Libyan dinar to foreign currencies. The […]
South African President and current President of the African Union (AU), Cyril Ramaphosa, on Sunday dealt a blow to the Polisario separatists when he reaffirmed the relevance of Decision 693 of the African Summit held in July 2018 in Nouakchott, Mauritania. Ramaphosa, who was speaking at the end of the 14th African Union Extraordinary […]
The UN has removed cannabis from the list of the most dangerous drugs in a move that acknowledges the medical benefits of the plant and that can be followed by less restrictive measures. Morocco, one of the main sources of cannabis in the world, was the only country in the MENA region that voted in […]
The World Bank has approved a $400 million loan in support of Morocco’s social protection reforms and strengthening the resilience of households to the pandemic repercussions. This project supports Morocco’s response to the pandemic as well as its plans to build a broad, effective and vital safety net system for vulnerable populations, the World Bank […]
French group Utac Ceram and German FEV have chosen Morocco to set up Africa’s first automotive development and testing centre to be operational in 2nd semester 2021. Utac Ceram, a service provider in all areas of land transport, and FEV, a globally leading service provider of vehicle and powertrain development for hardware and software, announced […]
Morocco has secured £217,000 from the United Kingdom, UK, for the implementation of several education reforms for quality education. The financial support will back the World Bank’s project Cut “Learning Poverty” by at Least Half by 2030, to which the North African country has subscribed. Learning Poverty according to the WB is described as the […]
The German Bank of Development, KfW, has earmarked €15 million to fund the Tunisian Coastal Protection Program-Phase V (PPLT), meant to protect the coasts of Tunisia against climate change consequences. KfW signed the financing agreement Wednesday with the Tunisian foreign ministry, state-run news agency TAP reports. “Protecting Tunisia’s coasts from the consequences of climate change […]
Japan has offered Morocco a loan of $200 million to back the coronavirus response program. An agreement was signed in this regards between Morocco’s finance ministry and Japan’s international cooperation agency (JICA). This loan aims at helping the government deal with the health, social and economic repercussions of the pandemic. JICA has been operating in […]