First Independent Mena Newspaper
King Mohammed VI underscored Morocco’s transitional justice experience and the equity and reconciliation commission as a crucial “building block” in the transition to democracy, in the consolidation of the rule of law and of institutions, and in the protection of freedoms. This came in a Royal letter to the participants in an international symposium on […]
Director General of Morocco’s National Security and Territorial Surveillance (DGSN-DGST), Abdellatif Hammouchi, who paid on Thursday a working visit to Belgium, and the Commissioner General of the Belgian Federal Police, Eric Snoek, signed a joint action plan for the interim period 2025 and 2026 to strengthen cooperation in the field of combating organized crime and […]
The African Development Bank signed a loan agreement worth 350 million euros in support of Moroco’s economic governance, climate resilience, water management, and industry as it also plans to extend a financing of 650 million euros to help Morocco develop transport infrastructure. As part of the first loan, signed during the Africa Investment Forum (AIF) […]
Libya is enacting extraordinary measures to tackle its persistent liquidity crisis. On December 5, 2024, the Central Bank of Libya announced a partnership with the British company ‘De La Rue’ to print 30 billion dinars (approximately $6.25 billion) in new currency. This decision follows years of acute financial difficulties, compounded by political instability since the […]
The World Bank has approved $70 million loan for Morocco to enable country continue implementing ambitious social protection reforms seeking to facilitate access to social services in particular for vulnerable households. Building on the achievements of the first project, which saw a successful design and implementation of the National Population Registry, Unified Social Registry, and […]
Morocco’s King Mohammed VI has appointed Zouhair Chourfi to undertake the expansion of Moroccan electricity regulator ANRE to incorporate all fields of energy. The goal is to transform ANRE into a national energy regulator that will cover natural gas, renewable energy, and hydrogen. The new institution will be designed to serve as an independent regulator […]
Attijariwafa Bank has conducted an early buyback of $290 million of Gabon’s external debt, in a transaction that will ease the debt burden in the country and foster its financial stability. The operation represents 50% of Gabon’s Eurobond. It was made by l’Union Gabonaise de Banque (UGB), the local subsidiary of Attijariwafa Bank. The operation […]
Libya’s National Oil Corporation (NOC) announced this December that it has transferred over $14.8 billion in oil revenues to the Central Bank of Libya since the beginning of 2024. This substantial amount was sent through 23 separate transactions, highlighting the vital role of oil in sustaining Libya’s economy. According to the NOC’s statement, the precise […]
The Tunisian General Consulate in Benghazi officially reopened its doors on December 4, marking a significant milestone in Libya-Tunisia relations after more than a decade of closure. This announcement was made by the eastern-based Libyan Foreign Ministry, which hailed the reopening as a reflection of Benghazi’s growing stability and security. The decision to restore diplomatic […]
Several sections of the African National Congress (ANC), the ruling party in South Africa, have called for strengthening bilateral relations with Morocco, for recognizing the Kingdom’s invaluable support for the fight against apartheid. They also urged South Africa to refrain from supporting parties advocating military action, alluding to the Algeria-backed polisario and its military plans, […]