First Independent Mena Newspaper
The Egyptian club, Pyramids FC, which belongs to the Chairman of the Saudi General Entertainment Authority, has angered Morocco after the team posted on social media a map of the North African kingdom without the Sahara. Pyramids FC owned by Turki Al-Sheikh, is based in Cairo and plays in Egypt’s football top league. The 37-year […]
Authorities at Paris-Orly airport in the French capital Thursday suspended temporarily activities after security forces suspected the content of a carry-on bag of a woman traveling onboard a Casablanca-bound flight of Moroccan carrier Royal Air Maroc. Security forces at the airport detained a woman, a journalist of renowned fashion magazine, who was traveling to the […]
African-focused start-up Andela has raised $100m in a tour in United States, led by Al Gore’s Generation Investment Management. Andela, founded in 2013 to train African software developers and help them get hired by global companies, said it would use the most recent cash injection to expand the business and improve its internal data tools […]
Algeria’s former minister of energy and ex-Secretary General of the oil cartel OPEC Thursday threw his full support behind incumbent President Abdelaziz Bouteflika should he run for another term during April Presidential elections. Chakib Khelil in statement on his facebook page, first blasted comments made by famous sport journalist Hafid Derradji who said the ex-minister […]
Morocco’s foreign policy towards the Arab world is independent and driven by the end goal of bringing Arab countries closer without any political parti-pris, Foreign Minister Nasser Bourita said. Morocco has adopted an impartial stand regarding the Gulf crisis, recalled the Moroccan minister in an interview with Aljazeera TV channel. He said Morocco endeavors to […]
The African Development Bank (AfDB) will invest up to $25 million in a private equity fund for renewable energy projects across Sub-Saharan Africa. According to the continental lender, the Board of Directors has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a $250 million private equity fund […]
An Algerian court has ordered the release of a journalist one month into his one-year jail sentence over participation in an unauthorized demonstration. Noureddine Benissad, lawyer of Adlene Mellah who had been arrested in December and sentenced to one-year in prison, told the media that a court in the Algerian capital gave his client a […]
The Tunisian government has awarded licenses for four onshore wind projects totaling 120 MW under its renewables sector development scheme. The plants, which represent a combined investment of $134 million, will be installed in the governorates of Ben Arous and Bizerte. Local media reported that works on the four selected projects will start between May […]
Uganda’s Xsabo Power Limited, which has constructed a new 24 MW solar power park in conjunction with the Uganda Electricity Transmission Company, said it plans to invest $200 million in the generation of solar power to boost the energy sector of the East African nation. According to Xsabo’s Managing Director and CEO, David Alobo, the […]
Morocco has attracted a steady flow of foreign direct investment, unlike the rest of North Africa, which has seen a sharp decline in FDI, said the Financial Times in a story published Thursday. While many economies in North Africa have struggled to bring back foreign investors, Morocco has fared better than most. It has a […]