First Independent Mena Newspaper
The Arab-Russian Cooperation Forum decided to hold its sixth session in Morocco. The final communique issued Tuesday at the end of the Forum stated that the participants in the forum agreed to hold next year’s edition in Morocco. The choice of Morocco underlines the kingdom’s increasing presence at the international front with its non-interference policy […]
Morocco’s Crown Prince Moulay El Hassan chaired, on Tuesday in Meknes, the opening of the 14th edition of the International Agricultural Fair (SIAM 2019), held April 16 through 21 under the theme “Agriculture, an employment lever and the future of the rural world”. The opening ceremony was attended by representatives of several foreign countries, including […]
Morocco should prepare to strike a trade deal with Britain in a case of a no deal Brexit to avert losses estimated by the UN at $97 million. Morocco, Ghana and Tunisia are among African nations that would lose the most if the UK doesn’t negotiate a deal by the time it has to exit […]
Morocco’s Office Chérifien des Phosphates (OCP) has sealed a multi-year partnership agreement with the International Fertilizer Development Center (IFDC), and the Mohammed VI Polytechnic University (UM6P) “to collaborate on the engineering of new fertilizer technologies, improvement of crop and soil specific fertilizer recommendations, development of value chains and market systems, and research and implementation of […]
Managing Director of the IMF, Christine Lagarde, has hailed the performance of the Moroccan economy and reaffirmed the support of the International Monetary Fund to the efforts made by the country to speed up reforms to promote a stronger and inclusive growth. The remarks were made at a meeting held in Washington with Moroccan economy […]
Fitch Ratings has affirmed Morocco’s long-term foreign-currency Issuer Default Rating (IDR) at ‘BBB-‘ with a stable outlook, praising the country’s macroeconomic stability, its comfortable external buffers and low share of foreign-currency debt in public debt. The credit rating agency projects Morocco’s deficit at 3.7 pc of GDP in 2019 and 3.5 pc in 2020, saying […]
The World Bank unveiled a new plan Thursday to help African countries strengthen their human capital, setting ambitious targets to be achieved in the region by 2023. The objective of the plan is to enable Africa’s young people to grow up with optimal health and equipped with the right skills to compete in the digitizing […]
Ghana has signed a $180 million agreement with Exim Bank of India to finance a drinking water supply project in the northern part of the country. The loan, bearing a 1.5% interest rate, will be repaid over a 25-year period. The money will be invested in drinking water supply projects. The project includes the construction […]
Cooperation between Morocco and Chad is gaining momentum and serving the interests of the two African countries, said on Thursday Chadian minister of Mining, Industrial & Commercial Development Ahmat Mahamat Bachir. He made the remarks after his meeting in Rabat with secretary of State for Investment Othman El Ferdaous. Mr. Bachir described Morocco as an […]
Morocco is reaping the diplomatic benefits of its south-south cooperation approach and multi-layered African policy capitalizing on soft power. The return to the African Union after more than three decades of absence was a point of inflection showing the Kingdom’s growing clout notably in West Africa, a region in which Moroccan banks and companies have […]