First Independent Mena Newspaper
Mauritania has banned at least 12,000 Senegalese fishermen from fishing in its waters despite the agreement signed with its neighbor last December. “They want zero foreigners in the boats,” Cheikh Sidath Ndiaye, member of the National Council of Social Dialogue said early this week in reference to Mauritanian authorities. The decision bars at least 12,000 […]
The 52nd session of the UN Economic Commission for Africa (ECA) is convening in Marrakech from March 20 to 26 under the theme: “fiscal policy, trade and the private sector in the digital era: a strategy for Africa”. The event is an opportunity for African ministers to discuss the fiscal policies necessary for the implementation […]
Due to insufficient rainfall, Morocco’s cereals yield would stand at 60 million quintals, less than the average 80 million quintals, central bank governor Abdellati Jouahri said. Last year, Morocco had a good cereals output of 103 million quintals following abundant rainfall, which reduced the country’s wheat import bill. Rainfall was 15.1% less compared to last […]
Morocco’s central bank has efficient and effective regulatory control of the banking sector contrary to what Fitch rating claimed in a recent report, said head of the bank Abdellatif Jouahri. The central bank governor, who was speaking to reporters, said Fitch was wrong in its conclusions that run contrary to what other international rating agencies […]
China has agreed to provide Morocco an economic and technical assistance worth over $14.5 million destined to finance public projects to be decided by the two partner countries. An agreement was signed in this regard Tuesday in Rabat by Moroccan minister of economy and finance Mohamed Benchaaboun and Chinese ambassador in Rabat LI L. Speaking […]
Japan carmaker Nissan has received initial approval to produce 100,000 car units per year in Egypt, which targets car export to revive its vehicle production industry. Nissan will manufacture the car, jointly with state-owned carmaker El Nasr Automotive Manufacturing, Minister of Public enterprise, Hesham Tawfik told media. Majority of cars produced will be exported. Egypt […]
A Moroccan delegation, led by minister of Industry, Investment, Trade and Digital Economy, Moulay Hafid Elalamy, is taking part in the 14th Conclave on India-Africa Project Partnership, which opened Sunday in New Delhi with the participation of delegates from more than 37 African countries. The three-day event, organized by the Confederation of Indian Industry (CII) […]
Sudanese government has signed deals for loans worth $300 million with regional Arab funds last weekend. The loans would help authorities in Khartoum to cope with the country’s economic crisis and nearly three months of street protests. According to the finance ministry, a $230 million loan deal was signed with the Abu Dhabi-based Arab Monetary […]
King Mohammed VI has pleaded for empowering African youths, as Africa’s population is the youngest in the world and as the fast pace of the demographic transition on the continent requires major development projects, especially in such areas as education, health, agriculture, infrastructure and the fight against poverty. African must take up these challenges to […]
The city of Dakhla, the Pearl of Southern Morocco, is hosting for the 5th consecutive year in a row the Crans Montana Forum from March 14 to 17 under the theme: “Building together a powerful & modern Africa dedicated to its Youth”. The event brings together high-level government officials and businessmen from around the world […]