First Independent Mena Newspaper
Morocco’s grain crop is expected to double this season after heavy winter rains boosted moisture levels and dam reserves, traders and millers said, adding that recent floods in the country’s northwest are unlikely to significantly affect overall output. Moulay Abdelkader Alaoui, head of the National Federation of Millers, told Reuters the sector plans to add […]
Prime Minister Abdulhamid Dbeibah has met with Central Bank of Libya (CBL) Governor Naje Issa to address what officials described as priority economic and financial concerns, with a focus on liquidity, foreign exchange regulation and price stability. In a statement posted on the government’s official platform, on February 16, talks centred on improving cash availability […]
Morocco continues modernizing its military equipment with the acquisition of TREVA-30, a tactical recovery and evacuation vehicle (ARV) developed & manufactured by Excalibur Army of the Czechoslovak Group. The vehicle is designed for military use (recovering tanks, APCs/IFVs, trucks, etc.), civil rescue, firefighting, and heavy engineering tasks. It is powered by a nearly 400 kW engine and built on Tatra Force […]
In a landmark trade policy shift, China has announced the complete removal of customs duties on imports from 53 African countries, including Morocco. The zero-tariff regime, set to take effect on May 1,2026, aims to deepen economic cooperation and open one of the world’s largest consumer markets to African exporters. The announcement was made by […]
Italy announced a plan to allow African countries to suspend debt repayments after extreme climate events, a proposal unveiled by Prime Minister Giorgia Meloni during the second Italy–Africa Summit held on the sidelines of the African Union (AU) meeting in Addis Ababa. The initiative forms part of Italy’s broader Mattei Plan, which allocates €5.5 billion […]
Maroc Telecom, Morocco’s largest telecoms operator, said on Friday it made a profit attributable to shareholders of 7 billion dirhams ($760 mln) in 2025, up a 288%, as it patched a thaw with its competitor Wana that led it to pay over 6.3 billion dirhams. The operator’s customer base grew to 77 million, up 3.6%, […]
King Mohammed VI, accompanied by Crown Prince Moulay El Hassan, chaired on Friday at the Royal Palace in Casablanca the presentation and launch ceremony of the project to build a landing gear production factory for the Safran group in Nouaceur, a project that reinforces Morocco as a destination of choice and a genuine integrated industrial […]
Jumia Technologies AG said it will put an end to its operations in Algeria by the first quarter of 2026, as the company seeks to shift focus to strongest African markets. The move follows earlier exits from South Africa and Tunisia and forms part of a broader “geographic recalibration” aimed at improving operational efficiency and […]
Leading carmaker Stellantis Morocco has partnered with Attawfiq Microfinance to enable small business owners purchase FIAT TRIS, a 100% electric three-wheeled vehicle produced in Kenitra plant, Morocco. Under the deal, Attawfiq Microfinance, established in 2000 by Moroccan BCP Group, will provide small loans to those wishing to get TRIS without a heavy upfront. The goal […]
Morocco’s strong growth momentum is expected to continue in 2026, supported by public and private investment and solid agriculture output, said the International Monetary Fund. In a statement released Thursday following the conclusion of the Fund’s Article IV consultation mission to the Kingdom, the IMF said Morocco’s economic growth in 2025, estimated at 4.9 percent, […]