First Independent Mena Newspaper
As Covid-19 continues to spread in Africa, the continent is developing new habits to facilitate lives of people. Part of these new habits, Africa is using digital finance as a means to stem the spread of COVID-19. Governments and startups on the continent are implementing measures to shift a greater volume of payment transactions toward […]
The United States government has granted Morocco $670,000 (6.6 millionDH) to respond to the outbreak of the novel coronavirus (COVID-19), announced the US embassy in Rabat. The funds are provided by the Emergency Reserve Fund for Contagious Infections Diseases at the US Agency for International Development (USAID), said the embassy in a statement. […]
The import and export activities in Tanger-Med port continue as usual, but in view of the outbreak of the coronavirus pandemic, it has been proceeded to the tightening of health and sanitary control of professional drivers of international road transport, in accordance with the health emergency decreed in Morocco. All the services of the […]
Pressure exerted on Morocco’s current account deficit (CAD) and external finances have increased significantly due to the COVID-19 pandemic global shock, Fitch Ratings says. However, the North African country has buffers to manage increased pressures, including recently displayed willingness to adjust the flexibility of the exchange rate regime, adds the international rating agency. Disruptions to […]
Moroccan pension fund CNSS will start distributing a monthly compensation to the people who lost their jobs due to the consequences of coronavirus. Since Morocco imposed a quarantine and banned all travel, many employees of the tourism sector, services and non-essential sectors lost their jobs or were unpaid. The economic monitoring committee said the people […]
The Ministry of Health Wednesday announced 55 new COVID-19 cases in Morocco. The total number of people infected in the North African country increases to 225 as of Wednesday 6 p.m. with around 14 patients being in critical condition. The ministry also announced the recovery of a 69-year-old patient from Casablanca, bringing the number of […]
Head of the Moroccan government Saad Eddine El Otmani asked all public sector administrations to put off hiring new employees until the end of the coronavirus crisis. In a sign of austerity measures, El Otmani also ordered in a letter delaying all promotions planned in the current budget. The Prime minister said that the job […]
Despite the coronavirus risk, the long-delayed parliamentary elections – whose first round is planned for next Sunday March 29 – in Mali will go ahead. The announcement was made by Malian President Ibrahim Boubacar Keita, in a televised address, Wednesday. He reassured that a “scrupulous respect” of health measures will be observed. “The government will […]
An appeals court in capital Algiers Wednesday confirmed the jail term sentences against former Premiers charged with corruption. Ahmed Ouyahia and Abdelmalek Sellal were sentenced respectively to 15 and 12 years in prison last December after they were charged with misappropriation of public funds, abuse of power and granting undue privileges. Both were Prime Ministers […]
Italy Wednesday announced disbursement of €50 million to help Tunisia support local companies and address social economic impacts of the COVID-19. The financial aid was announced following this week telephone call between President Kais Saied and his Italian counterpart Sergio Mattarella. Saied proposed to send health workers to the European country, which is the worst […]