First Independent Mena Newspaper
Hundreds of African and American businessmen are discussing in Marrakesh partnership projects in various sectors including agribusiness, finance, energy, fertilizers, health, mining infrastructure, ICT, security and creative industries. A large American delegation, led by Alice Albright, CEO of the Millennium Challenge Corporation (MCC), is taking part in the 2022 U.S.-Africa Business Summit, held in Morocco’s […]
The water stress faced by Morocco requires the adoption of complementary policies such as those recommended in the New Development Model (NMD), the World Bank Director of Operations for the Maghreb and Malta, Jesko Hentschel, said Wednesday. “Recent events have shown that technical solutions are no longer sufficient to protect the economy against climate shocks […]
Coast guards of the Royal Navy operating in the Mediterranean Sea have provided assistance, from July 17 to 19, to 236 would-be immigrants, mostly Sub-Saharans, military sources said. The illegal immigrants, including 06 women, were in difficulty aboard makeshift boats, the source said. The rescued people received first aid on board the fighting units of […]
U.S. Vice President Kamala Harris has thanked King Mohammed VI and the Corporate Council on Africa (CCA) for hosting the U.S.-Africa Business Summit which opened on 19 July in Marrakech. Addressing, remotely, participants in the summit from Washington D.C., the American Vice-President said: “I would like to thank the Corporate Council on Africa, His Majesty […]
Morocco and Israel are fostering their relations on all fronts including in the defense industry as Israel’s top general and Moroccan minister in charge of defense discuss means to develop cooperation to cover military manufacturing. Following talks with Israel’s army chief Aviv Kohavi in Rabat Tuesday, Minister in charge of defense, Loudiyi reiterated Morocco’s determination […]
The World Bank, through its Multilateral Investment Guarantee Agency (MIGA), has just announced a €570 million disbursement guarantee for the construction of a new university campus for the Mohammed VI Polytechnic University (UM6P) near Rabat. These funds are made up of loans whose guarantee lasts up to 10 years and which are allocated to the […]
President of the African Development Bank (AfDB) and Chairman of the Africa50 Board of Directors, Akinwumi Adesina, hailed on Tuesday in Marrakech the coherence of Morocco’s development plan and the resilience of its economy, which has demonstrated its ability to successfully emerge from the Covid-19 crisis. “I salute the Moroccan authorities for the coherence of […]
Morocco reiterated its call for the setting up of a new African investment model that leverages capital from private and institutional investors to make up for a drop in public investments on the back of the successive crises. Speaking at an event by Africa50, an infrastructure investment platform operating under the umbrella of the African […]
Israel’s army chief Aviv Kohavi, who arrived Monday in Rabat on a three-day working visit, was received Tuesday at the HQ of the Royal Moroccan Armed Forces (FAR) by Lt. General Belkhir El Farouk, Inspector General of the FAR, announced Israel Defense Forces (IDF) on twitter. During his visit, the Israeli Chief of the General […]
The European Bank for Reconstruction and Development (EBRD) co-finances the repowering of the Koudia Al Baida wind farm in the north of Morocco. The EBRD is providing a senior loan of up to €44 million to the Koudia Al Baida Energy Company S.A., owned by the Moroccan Agency for Sustainable Energy (MASEN) and EDF Renewables. […]