First Independent Mena Newspaper
The stadiums that will host the African Cup of Nations will be delivered as planned ahead of the tournament, Fouzi Lekjaa, head of Morocco’s football federation (FRMF) said. Speaking at a press briefing, Lekjaa confirmed that the Complexe Moulay Abdellah in Rabat and the Grand Stade de Tanger will be completed by September 2025. Meanwhile, […]
In a powerful demonstration of Morocco’s commitment to African economic integration, the city of Laâyoune recently hosted a landmark event that brought together business leaders from across the continent. The latest event was marked by the signing by the General Confederation of Moroccan Enterprises (CGEM) of a pivotal cooperation agreement with business federations from several […]
Morocco’s National Fisheries Office (ONP) and Mauritania’s Fish Marketing Company (SMCP) have signed a memorandum of understanding to strengthen cooperation in the marketing and valorization of fishery products, the ONP said in a statement. The agreement, signed in Casablanca this week by ONP Managing Director Amina Figuigui and SMCP Managing Director Yahia Ahmed El Waqf, […]
Participants in the Parliamentary Forum on Economic Cooperation between Morocco and the CEMAC highlighted on Friday in Laayoune, the strategic importance of the Southern Provinces of the Kingdom and the Laayoune-Sakia El Hamra region as a vital link between North Africa and Morocco’s deeper African ties, and as a promising zone for investment and integrated […]
The International Finance Corporation has agreed to provide Maroc Telecom two loans totaling €370 million to enable the Moroccan telecom group support its subsidiaries in Chad and Mali. The IFC funding will help to enhance mobile connectivity and improve the quality of mobile internet. It will also support the rollout of 4G services, bringing faster, […]
The European Bank for Reconstruction and Development (EBRD) provides Morocco’s Office National de l’Electricité et de l’Eau potable (ONEE) €300 million loan to strengthen the financial & climate resilience of the utility company and support its digitalization projects. The Moroccan National Office of Electricity & Drinking Water is involved in generation, transmission and renewables. The […]
Niger’s military regime has nationalized Somaïr, the subsidiary of French uranium giant Orano, escalating tensions between Niamey and Paris in a move that symbolizes the regime’s sovereignty-focused policies since taking power in 2023. The nationalization announcement, delivered through state television during a council of ministers report, cited Orano’s “irresponsible, illegal and disloyal behavior” and characterized […]
The World Bank has agreed to provide Morocco $250 million funding to support the country’s social protection system which has improved living standards of vulnerable households and expanded access to essential services. In December 2023, Morocco launched the Direct Social Benefit (DSB) program as a key component of the national social protection reform. As of […]
Morocco is strengthening its position as a global aerospace hub with over 150 companies operating in the country and generating $2.8 billion in annual revenue, said Moroccan Minister of Industry & Commerce Ryad Mezzour at Paris Air Show 2025. The production sites are concentrated in Casablanca, Tangier, Rabat and Fez. They employ 26,000 individuals and […]
As Egypt navigates its economic recovery, a notable divergence has emerged between Government projections and IMF estimates regarding public debt reduction. While the Egyptian Government targets a reduction of public debt to 85% of GDP by the end of FY2024/25 and to 80% by mid-2027, the IMF forecasts a slower decline from 92.9% to 73.9% […]