First Independent Mena Newspaper
Morocco’s central bank will begin implementing inflation targeting in January 2027, marking a major shift in its monetary policy framework, while maintaining its current exchange rate regime for the time being, Bank Al-Maghrib Governor Abdellatif Jouahri said. Speaking after the bank’s quarterly board meeting in Rabat Monday, Jouahri said the Moroccan economy is not yet […]
Moroccan foreign Nasser Bourita met on Tuesday in New York with Spanish peer José Manuel Albares on the sidelines of the 80th session of the UN General Assembly. The meeting, which focused on topics of common interests on the regional and international scene, confirms the strong cooperation ties and strategic partnership existing between the two […]
Morocco possesses competitive renewable energy potential sufficient to provide 50% of European Union electricity consumption, Industry and Commerce Minister Ryad Mezzour said in an interview with Italian La Verità publication. The kingdom’s solar and wind energy capabilities, including onshore and offshore resources, can mobilize approximately 1,600-1,700 TWh from Europe’s total 3,000 TWh consumption at competitive […]
The Autonomy Plan offered by Morocco for the Sahara under its sovereignty is the ONLY realistic and feasible solution to this regional dispute, said on Tuesday Head of Govt. Aziz Akhannouch in New York at the 80th session of the UN General Assembly. Akhannouch, who delivered Morocco’s address, highlighted the international dynamic spurred by King […]
U.S. Congressman Joe Wilson has denounced again the Algeria-backed Polisario armed militia as a “terrorist organization” posing serious threats to regional peace and stability. The influential republican politician made the remarks Tuesday in New York following his talks with Moroccan Foreign minister Nasser Bourita on the sidelines of the ongoing 80th UN General Assembly. In […]
Morocco has reiterated its firm support for the two-state solution as the only viable path for resolving the decades-long Palestinian-Israeli conflict and establishing a lasting peace in the Middle East. The supportive stand was expressed in Morocco’s address made Tuesday by Head of Govt. Aziz Akhannouch at UN General Assembly convening in New York. Morocco, […]
The World Trade Organization (WTO) has warned that Nigeria and other African economies risk being excluded from the next wave of global trade unless they urgently invest in digital infrastructure, skills, and AI governance. According to the WTO’s 2025 World Trade Report, artificial intelligence (AI) could boost global trade by up to 37% by 2040, […]
Morocco’s government has introduced comprehensive reforms to its traffic accident compensation system, addressing longstanding criticism regarding complexity and processing delays. Justice Minister Abdellatif Ouahbi’s proposed legislation modernizes protection mechanisms for accident victims through expanded beneficiary categories and improved calculation methods. Current statistics highlight reform urgency: 2024 recorded approximately 655,360 declared accidents with insurance companies, including […]
Algeria’s public finances are under mounting pressure after a dramatic drop in budget revenues in 2024, driven by falling hydrocarbon income and sluggish non-oil tax collection, according to the Bank of Algeria’s. Total budget revenues fell by 22.66% year-on-year, with hydrocarbon revenues plunging by 31.13% and non-hydrocarbon revenues declining by 13.50%, the Bank said in […]
China’s exports to Africa have soared by 25% in the first eight months of 2025, reaching US$140.8 billion, as Beijing redirects trade flows amid escalating U.S. tariffs under President Trump’s renewed trade war. Faced with U.S. import duties as high as 100% on electric vehicles and 50% on solar products, Chinese firms are finding fertile […]