First Independent Mena Newspaper
UK-based Azuri Technologies said it has raised $26 million to expand its individual solar kit business to cater to African households. According to the company, Marubeni Corporation – a well-known Japanese conglomerate, which invests in renewable energy projects across Africa – contributed a significant amount of investment. IP group, a British technology-focused investment fund, and […]
Bahrain and Saudi Arabia have both renewed this week backing to Morocco’s legitimate rights over its southern provinces and reaffirmed rejection of any attack on Morocco’s supreme interests, sovereignty and territorial integrity. In Manama, the Foreign Ministry renewed in a statement Bahrain’s supportive position to Morocco’s legitimate rights over its southern provinces, and its backing […]
Head of Casablanca Finance city (CFC) saïd Ibrahimi said that the number of companies that have acquired CFC status rose to 184 and is set to increase in light of the advantages offered by the Moroccan financial center to companies that want to expand in Africa. He said that CFC tax regime was not the […]
Morocco is taking part in the 53rd Paris International Air and Space Show, which opened on Monday at the Bourget exhibition Center, North of Paris, an opportunity to “showcase the boom and dynamism the sector is witnessing today,” said the Minister of Industry Moulay Hafid Elalamy, who is leading the Moroccan delegation to the show. […]
A newly installed solar power plant in the Gaza Strip, Occupied Palestinian Territory (OPT), will reduce Nasser Hospital’s reliance on donated fuel and, by providing life-saving interventions, help build resilience, according to the World Health Organization (WHO). The power plant provides clean energy and is expected to save fuel, reduce CO2 emissions by 185 tons, […]
Tunisia announced it is launching a “Digital Investor Support Platform” during the Tunisia Investment Forum (TIF) due June 20- 21 in Tunis. The announcement was made Tuesday by Tunisian Development, Investment and International Cooperation Minister Zied Laadhari. Who said the platform seeks to totally digitalize investment transactions. The Tunisian official was taking part in the […]
The Central Bureau of Judicial Investigations (BCIJ) dismantled, this Tuesday, a five-member terrorist cell in the Moroccan northern city of Tetouan. The five individuals, aged between 23 and 33, have alleged links with the ISIS terror group. The search operations enabled the seizure of electronic devices, knives and a military uniform, said the BCIJ in […]
With the support of the African Union Commission’s Department of Trade and Industry, the Permanent Mission of the African Union in Belgium organized a sensitization workshop on the African Continental Free Trade Area (AfCFTA). The agreement to create the single market for goods and services was signed by 44 out of the 55 Member States […]
Tunisia has secured a $131.7 million loan from the French Development Agency (AFD) to improve the national electricity grid. The smart grid project was announced in 2017 by the Tunisian Electricity and Gas Company (STEG), but was delayed due to lack of funding. The AFD funds will be allocated to the implementation of the first […]
The US government’s development finance institution, the Overseas Private Investment Corporation (OPIC), has approved an $87 million loan to Lekela Egypt Wind Power BOO. According to local media, Lekela Egypt Wind Power BOO, a subsidiary of Lekela Power, an independent power producer (IPP) based in Amsterdam, Netherlands, will use the loan to develop the Ras […]