First Independent Mena Newspaper
African sovereigns raised more than $14 billion on international markets in the first half of 2026, but a large share of these loans went toward budget financing, debt repayments and liability management rather than productive investment, according to the 13th edition of the Africa Sovereign Credit Rating Review. Five countries (Cabo Verde, Ghana, Kenya, Nigeria […]
Moroccan sugar group Cosumar regained momentum in the second quarter of 2026 after a start to the year marked by logistical and port disruptions, with quarterly revenue reaching 2.619 billion dirhams, down 2.8 percent year-on-year, an improvement from the 17.3 percent decline recorded in the first quarter, Le Nouvelliste reports. The gradual recovery rests on […]
Three weeks after France’s ban on unsolicited telephone canvassing took effect, Morocco’s call center sector is still struggling to measure its impact, though early signs are already visible in Casablanca, where some companies have taken down their signage and a Technopark call center has closed, leaving 50 employees without jobs, Le360 reports. Ayoub Saoud, secretary […]
The Central Bank of Libya will host the fifth Arab Conference on Savings and Financial Literacy in Tripoli September 7 – 9. The three-day conference will be held under the theme, “Tripoli: Capital of Financial Literacy,” with Central Bank Governor Naji Issa expected to attend. The event will bring together experts, policymakers, researchers, central banks […]
Mauritanian Finance Minister Codioro Moussa N’Guénore received an International Monetary Fund (IMF) mission led by the Fund’s Regional Adviser on Government Finance Statistics, Francis Gahizi, on Thursday evening. The meeting focused on cooperation between the government and the IMF, particularly efforts to modernize the collection and verification of financial data relating to public enterprises. The […]
A delegation of farmers from Minnesota, Wisconsin and Ohio as well as US agriculture industry leaders have visited Morocco to strengthen agricultural trade, logistics and market opportunities between America, Africa and Europe. The multi-state delegation, led by the USIP Alliance, also included U.S. officials from state agriculture departments and the Great Lakes St. Lawrence Seaway […]
Morocco’s Ministry of Energy and Mines has renewed Talisman Metals’ Fougnar licenses – two exploration licenses that make up the company’s Fougnar project. Both licenses have been extended for the next four years until 2030. The Fougnar Project consists of two exploration licenses covering 30.6 square kilometers and is held 100% by Talisman through a […]
Morocco’s automotive sector delivered a strong export performance in the first seven months of 2026, with sales rising 14.9% to 107.14 billion dirhams, according to figures from Moroccan foreign exchange office. Automotive exports were driven by solid gains across key segments. Construction rose 19.9% to 42.48 billion dirhams, wiring increased 13.8% to 40.62 billion dirhams, […]
Remittances from Moroccans settled abroad reached 74.78 billion dirhams by the end of July 2026, up 8.1 percent from 69.17 billion dirhams over the same period last year, according to the latest monthly external trade bulletin from Morocco’s Foreign Exchange Office. The increase continues a steady upward trend in transfers from the Moroccan diaspora recorded […]
In a Bamako suburb, the Moroccan-Malian Poultry Society, known as SOMMAVI, has built itself into Mali’s leading seller of broiler chicks since opening in 2018 by betting on fully local production rather than importing eggs for incubation, as many competitors do, Le360 Afrique reports. The facility has a capacity of 6,000 chicks per building and […]