First Independent Mena Newspaper
Online marketplaces such as Jumia, Souq, Uber, and Travelstart could create around 3 million new jobs by 2025 across Africa. These digital platforms, which match buyers and providers of goods and services, could also raise incomes and boost inclusive economic growth with minimal disruption to existing businesses and workforce norms. These are among the findings […]
The European Bank for reconstruction and development (EBRD) has agreed to provide a €24 million loan to Tunisie Leasing and Factoring, the country’s largest leasing company. The loan will allow the Tunisian company to continue growing its network across the country and reaching SMEs in regions less well-covered by competitors. Supporting access to finance for […]
African ministers of finance, planning and economic development underscored in Marrakech the need for diversifying public revenue with a view to promoting public investments in the social and economic areas. This came in the closing statement of the 52nd Session of the Economic Commission for Africa’s (ECA) Conference of African Ministers of Finance, Planning and […]
Morocco believes in the potential for increased trade on the African continent and co-development in various sectors, said Monday evening in Marrakech, Moroccan Minister of Economy and Finance, Mohamed Benchaaboun. “We have already conducted major operations with several African countries in the areas of services, including financial services (banking and insurance), as well as telecommunications […]
Finding a lasting and mutually acceptable solution to the Sahara would benefit the whole region of the Maghreb, the UN Personal Envoy for the Sahara Horst Köhler said in a statement at the end of the second round of negotiations held at Le Château Le Rosey in Bursins, near Geneva, March 21-22 with the participation […]
Morocco-India Joint Committee has convened its 6th meeting in New Delhi to look into ways of boosting cooperation between the two countries in industry, agriculture, tourism, fisheries, railways, rural development, health, the pharmaceutical industry, telemedicine, energy, mining, sustainable development, higher education and scientific research. The meeting was chaired by minister of Industry, Investment, Trade and […]
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 […]