First Independent Mena Newspaper
“Morocco united against Covid-19” is the theme of a new commemorative postage stamp that has just been issued by Barid Al-Maghrib, the Moroccan postal service, to pay tribute to the mobilization and commitment of all institutions and all the components of the Moroccan society to face the coronavirus pandemic. The stamp illustrates the representatives of […]
The African Development Bank approved an additional funding of €12.33 million in favor of the ECOWAS Commission to cover part of the costs related to the study of the Abidjan – Lagos motorway corridor development project. This corridor links the capitals of five West African states – Côte d’Ivoire, Ghana, Togo, Benin and Nigeria – […]
The Moroccan government maintained the halt on the import duty on soft wheat until yearend to prevent prices from soaring in the domestic market amid attempt by exporters to limit sales. Russia, the world’s top soft wheat exporter, limited sales through June to protect its own supply as the coronavirus crisis sparks food-security concerns around […]
The renowned Congolese singer Maitre Gims and his wife DemDem, who are settled in Marrakech, have launched a solidarity campaign to support needy African migrants in the city during this time of health crisis. Launched at the initiative of DemDem on May 1, the couple hopes to collect funds to supply 20,000 migrants with enough […]
Casablanca Finance City (CFC) and Rwanda Finance Limited (RFL) have agreed to promote investment and cooperation between Morocco and Rwanda in financial services. The agreement, signed on Wednesday via videoconference, seeks to promoting best practices, through which CFC will support the development of the International Financial Center of Kigali (KIFC). Saïd Ibrahimi, CEO of CFC, […]
The Moroccan state-owned OCP group has maintained its leading position as the world first exporter of phosphates although its market share decreased from 38 pc to 34 pc between January & September 2019, but in phosphoric acid, the Group remains the biggest worldwide exporter, with a 49 pc global market share. In 2019, OCP exported […]
The Tunisian Foreign Investment Promotion Agency, FIPA-Tunisia, said foreign direct investments in the North African country during the first three months of this year, have dropped by 24 per cent compared with last year first quarter (Q1). The institution, in its Q1 2020 report, said Tunisia attracted $162 million (MD461.7 million). Energy, industry and agriculture […]
The French Development Agency (AFD) has lent lately Morocco €100 million to enhance the performance of local councils, boost local socioeconomic development and improve community public service. The agency’s funding comes after the World Bank financial contribution of €272 million provided last year to strengthen the capacities of Morocco’s municipalities, an objective that is part […]
The Al Mada Foundation announced Monday in a statement that it will offer 1 million FFP2 masks to healthcare workers who are on the front line in the fight against Covid-19. Actuallty, the FFP2 mask is recommended for hospital use as it ensures the protection of nursing staff who are in direct contact with […]
The French carmaker PSA will restart gradually its Kenitra factory in Morocco on May 6 within the frame of the decision of the Peugeot-Citroen group to start this week reopening its plants closed since mid-March due to coronavirus lockdown. PSA said it has reinforced health and safety measures at production sites, such as checking the […]