First Independent Mena Newspaper
Morocco’s household consumption patterns reveal stark regional disparities, with five regions accounting for 74 percent of the nation’s total consumer spending in 2023, according to data released Tuesday by the High Commission for Planning (HCP). The concentration underscores persistent economic imbalances despite ongoing development initiatives. Casablanca-Settat leads overwhelmingly with 25 percent of national household final […]
The long-discussed undersea tunnel that would link Morocco and Spain across the Strait of Gibraltar has gained fresh momentum following the signing of new contracts aimed at reviving the ambitious infrastructure project. Spain’s Ministry of Transport has commissioned public company EniCo to conduct a comprehensive financial feasibility study, backed by €350,000 in funding from the […]
Libya’s Planning Minister Mohamed Al-Zidani has underscored the importance of digital transformation in the country’s banking sector as a driver of investment confidence. Speaking at the Third Forum of Libyan Banks, held Monday, under the theme “A Digital Takeoff for Libyan Banks,” he said digitization is the product of collaboration between banks, regulators, and national […]
Africa is emerging as a key manufacturing hub for Indian companies, as record-high U.S. tariffs — now up to 50% — threaten India’s export competitiveness, particularly in textiles, pharmaceuticals, and gems. The penalties, imposed largely in response to India’s continued oil trade with Russia, have forced Indian firms to pivot strategically toward Africa to maintain […]
Tianyouwei, a Chinese producer of automotive instrument panels and smart cockpit solutions, has decided to invest $76 million in its new production site in Morocco. The new plant will produce electronic dashboards and all in-vehicle electronic components destined for the European market. The Chinese company said the establishment of a manufacturing site in Morocco represents […]
Abdellatif Jouahri, Governor of Bank Al-Maghrib, has been named in the list of the world’s top central bank governors in the 2025 edition of Global Finance magazine’s annual Central Banker Report Cards. Jouahri earned an “A” rating -the highest possible distinction- recognizing his continued excellence in steering Morocco’s monetary policy through complex global and domestic […]
German leisure airline Eurowings, a subsidiary of the Lufthansa Group, will expand its operations in Morocco with the launch of four new direct routes to Marrakech for the upcoming winter season. The new connections will link the Moroccan tourist hub, better known as the Red City, to Hanover, Salzburg, Stuttgart, and Prague, with flights commencing […]
Within a week two leading French papers shed light on the authoritarian drift suffered by Tunisia under the rule of Kais Saied. Both Jeune Afrique and Le Point listed facets of democratic backpedaling under a president who has also undermined Tunisia’s economic outlook Tunisia, once hailed as an Arab Spring’s democratic success story, is now […]
Morocco’s ambitious stadium modernization program reaches a crucial milestone as the Grand Stadium of Tangier approaches its late September completion deadline, according to project architect Anouar Amraoui. The $360 million renovation transforms the venue into a 75,000-seat football-dedicated facility, eliminating the athletics track to create an intimate spectator experience meeting FIFA World Cup standards, Amraoui […]
Morocco’s air operational services have been boosted with the opening by German leader TCE of its first African office at Casablanca Mohammed V Airport (CMN). “Morocco is a natural choice for our African debut. Its strategic location connecting Africa, Europe, and the Middle East, combined with modern logistics infrastructure and a dynamic export market, make […]