First Independent Mena Newspaper
The African Development Bank Group board of directors approved Wednesday a 450 million euro non-sovereign partial credit guarantee benefiting the Phosphates Office Group. This financing instrument, deployed in Morocco for the first time, aims to enable OCP Group to mobilize loans up to 530 million euros from international financial institutions aligned with its green financing […]
Morocco showcased its preparations to host the African Cup of Nations, as an event bringing Africans together to celebrate diversity and foster unity. In this respect, the Mohammed VI Football Complex in Maâmora hosted a high-level meeting between Fouzi Lekjaa, president of the Royal Moroccan Football Federation (FRMF) and head of the local organizing committee […]
“Marsa Maroc group” is the 4th largest container port terminal operator in Africa, according to “Global Container Terminal Operators” report 2024 issued by British Drewry maritime research consultancy. The Moroccan group has been recognized among the “Big Four” in Africa for the second consecutive time thanks to its sustained performance amid regional competition, confirming the […]
Morocco received 18 million tourists during the first eleven months of 2025, a historic level that already surpasses the entire 2024 total with over 600,000 additional visitors, according to the Ministry of Tourism. This exceptional performance confirms sector momentum, representing 13.5 percent growth compared to the same period last year. The ministry emphasized that this […]
Morocco has positioned football at the center of its economic development strategy, preparing to host the 2025 Africa Cup of Nations and co-organize the 2030 World Cup with Portugal and Spain. The kingdom’s sporting achievements include reaching World Cup semi-finals as the first African nation and capturing the under-20 world championship title. Geopolitics of sport […]
Morocco reached a new milestone in its hydrogen strategy with March 2025 announcement of six green hydrogen projects in southern regions totaling 319 billion dirhams. Guelmim, Laayoune, and Dakhla emerge as new centres for energy transition now playing out at territorial scale. Five selected consortiums, including Emirati Taqa, Spanish Cepsa, and German Nordex partnered with […]
A new wave of family-owned businesses is reshaping Morocco’s financial landscape as they increasingly turn to the Casablanca Stock Exchange to secure growth and ensure succession. The latest example is SGTM, a heavyweight in Morocco’s construction sector, which is preparing a landmark initial public offering (IPO) scheduled for December 16, Jeune Afrique reported in a […]
The ministerial segment of the Conference on African Victims of Terrorism, held in Rabat on Tuesday in partnership with the United Nations Office of Counter-Terrorism (UNOCT), endorsed the Rabat Declaration, which reaffirms the central position of victims in national and regional responses to terrorism and calls for strengthening the legal, institutional, and operational frameworks dedicated […]
Burkina Faso and Niger have welcomed the adoption by the historic UN Security Council of Resolution 2797, which enshrines, within the framework of Moroccan sovereignty, the Morocco-proposed autonomy plan as a serious, credible, and lasting basis for achieving a solution to the Sahara issue. This welcome was expressed by the two countries’ Foreign Ministers, Karamoko […]
OCP Green Energy recently commissioned the Oulad Farès photovoltaic plant in Khouribga, featuring 105 megawatt-peak capacity that makes it Morocco’s largest solar farm of this type currently operational. The facility powers the world’s largest phosphate mine while injecting green electricity into the national grid. The installation spans 168 hectares with thousands of solar panels converting […]