First Independent Mena Newspaper
The Africa Cup of Nations 2025 is proving to be more than a sporting spectacle for Morocco, with projected economic benefits reaching 12 billion dirhams (about $1.2 billion), the tournament is acting as a powerful engine for growth, Moroccan media said. Between 600,000 and one million visitors have joined the host cities, driving unprecedented demand […]
Algeria has officially removed its ambassador to Lebanon after a diplomatic scandal that reverberated from Beirut to Washington. The Algerian regime published in its official gazette the decree confirming that Kamel Bouchama was dismissed retroactively to October 9 following remarks that shocked observers. The controversy erupted on September 23 during a cultural conference in Beirut, […]
Mohammed V airport has reached an unprecedented milestone, welcoming more than 11 million passengers for the first time, the country’s airport authority ONDA said. This record, achieved this week, reflects the exceptional influx linked to the Africa Cup of Nations (CAN) 2025, which has driven a surge in international travel as supporters, official delegations, and […]
Libya’s General Union of Oil and Gas Sector warned that continued delays in approving the oil sector’s budget pose an existential risk to both workers and national infrastructure. In a statement issued in Tripoli on Thursday, the union described the delay as a “deliberate obstruction,” noting that its impact is already evident in the suspension […]
Turkish President Recep Tayyip Erdogan and Sudan’s Sovereignty Council leader Abdel Fattah al-Burhan held talks in Ankara on Thursday, December 25, to review bilateral relations and discuss Sudan’s protracted conflict, Türkiye’s Directorate of Communications said in a statement. In the statement posted on X, the Directorate said the talks covered cooperation between Türkiye and Sudan, […]
The joint anti-terror force recently set up by the Alliance of Sahel States, made up by Burkina Faso, Mali, and Niger, is primarily meant to respond to the destabilizing operations of the Algerian regime in the region. The establishment of the joint military force, dubbed the “United Force of the Alliance of Sahel States” and […]
Morocco’s financial system continues strengthening its fundamentals, with banking and insurance sectors demonstrating robust performance, according to the Committee for Coordination and Supervision of Systemic Risks following its twenty-second session Tuesday at Bank Al-Maghrib headquarters. The banking sector recorded substantial profitability gains alongside reinforced solvency. Net income on a standalone basis increased 25% year-on-year through […]
The Central Bank of Egypt (CBE), on Thursday, 25 December, announced a 100-basis-point reduction in its key interest rates, marking its fifth rate cut this year as policymakers respond to easing inflationary pressures. In a statement, the CBE said its Monetary Policy Committee lowered the deposit rate to 20 percent, the lending rate to 21 […]
The revival of the Lobito Corridor, a 1,300 km railway linking Zambia’s copper belt to Angola’s Atlantic coast, captures a profound change in Europe’s approach to Africa from development aid to transnationalism. Once a colonial-era route for mineral extraction, the line is now the centerpiece of the EU’s 2 billion euro investment under its Global […]
The first batch of WhAP 8×8 armored vehicles produced by India’s Tata Advanced Systems’ plant in Morocco has been delivered to Morocco’s Royal Armed Forces (FAR), marking what the Indian defense group calls “a major milestone” in its strategic partnership with the Kingdom. The vehicles are produced under the “Made in Morocco” label, reinforcing Morocco’s […]