First Independent Mena Newspaper
Côte D’Ivoire has been receiving most of Morocco’s foreign direct investments thanks to sustained efforts by the business community in the two countries and the existence of a strong political willingness evidenced by the close ties between the leadership of the two countries. The current visit of King Mohammed VI to Abidjan is part of […]
Morocco’s leading bank group, Attijariwafa bank, has set sails towards Ghana where it seeks to conquer the banking market. In a first step, it signed a partnership agreement with GCB Bank Ltd, the second top bank group of the West African country. After it established its presence in several francophone countries neighoring Ghana, Attijariwafa bank […]
Strengthening the friendship ties and economic partnership existing between Morocco and Côte d’Ivoire is on top of the agenda of the current visit King Mohammed VI is paying to Abidjan. Commenting on the visit, Ivoirian President Alassane Ouattara said the visit is “a new sign of confidence and friendship” towards his country. He expressed […]
Morocco has officially requested membership in the Economic Community of West African States (ECOWAS), a sub-regional grouping that has been steadily forging ahead on path of regional economic integration. “In the context of the Royal tour in Africa- notably in some west African countries- and following directives from King Mohammed VI, the Kingdom of Morocco […]
Morocco is set to increase its defense budget in support of the modernization process of its armed forces with a view of becoming Africa’s leading military power, Strategic Defence Intelligence said in a report. The report dubbed, “The Future of the Moroccan Defence Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2022,” underscores that […]
Morocco and Ghana opened a new chapter in their bilateral ties with the signing of 25 cooperation agreements during a ceremony chaired by King Mohammed VI who is currently paying an official visit to Ghana and Ghanaian President Nana Akufo-Addo. Five of the agreements were signed between the two governments to promote bilateral cooperation […]
Moroccan authorities recovered a stolen 17th century Baroque Italian painting worth up to six million euros and informed Italian authorities. Italian paper Gazzetta di Modena reported that the painting by Giovanni Francesco, known as Guercino, had been stolen from a church in the northern Italian city of Modena in 2014. It could have been recovered […]
Morocco’s economic capital, Casablanca, has been ranked second African city to house the largest number of billionaires by Forbes Africa Magazine in its 2017 ranking of African billionaires. The city comes right behind the Kenyan capital Nairobi, which has toppled the South African capital Johannesburg. Casablanca, according to the famous magazine, is home to 5,000 […]
The kingdom has emerged as the leading African fish producing country and 25th in the world. The announcement was made by the kingdom’s National Bureau of fishing (ONP) on the sidelines of the 4th International Fisheries Fair Halieutis in Agadir, local media leconomiste.com reports. The kingdom caps the ranking with over one ton of fish […]
Chariot Oil & Gas announced that it received a 75% stake of the Kenitra offshore exploration permit which together with the neighboring offshore exploration in Mohammedia could contain more than 1 billion barrel. The UK company said its subsidiary Chariot Oil & Gas Investment (Morocco) will carry out the exploration in partnership with Morocco’s Office […]