First Independent Mena Newspaper
The French automotive tech company Faurecia, one of the world’s leading automotive suppliers, is set to open its fourth factory in Morocco, expanding thus its presence in the Kingdom. A memorandum of understanding relating to the creation of the new plant which will produce textile and leather covers for automotive seats, was signed last week […]
After another spate of violence in the eastern regions of the Democratic Republic of Congo (DRC), locals are hoping Pope Francis’ planned visit in January will be able to bring some calm to the troubled region. The 86-year-old pontiff is due to arrive on 31 January after an earlier visit in July 2022 was postponed […]
The coach of Morocco’s football team, Walid Regragui, who has become the first African and Arab technical executive to lead his team to the semi-finals of the Football World Cup, is a candidate for the prize for the best national coach in the world, awarded by the International Federation of Football History and Statistics (IFFHS). […]
The ruling party in Gabon, Gabonese Democratic Party (PDG), called Saturday on the country’s leader Ali Bongo Ondimba to run for next year elections, for a third 7-year term. “We have come not only to revitalize our party but also to seek Ali Bongo Ondimba’s candidacy for the future of our country”, said Prospere Abessolo […]
The World Bank has granted Egypt a new development financing of $500 million to support the “Takaful and Karama” program according to the Arab country’s Minister of International Cooperation Rania Al-Mashat. Takaful and Karama program supports the most vulnerable classes against the implications of the global economic crises and external shocks. The financing will support […]
Africa accounts for only 2.4% of global Gross Domestic Products (GDP), although the continent has approximately 30% of the earth’s remaining mineral resources, Economic Community of West African States (ECOWAS) revealed last week. Despite Africa’s disproportionately low share of the global GDP, the continent has the largest reserves of precious metals with over 40% of […]
Two Moroccan villages, Ksar Elkhorbat and Moulay Bouzerktoune, have been chosen lately by the World Tourism Organization among the best tourism villages in the world in 2022. Ksar Elkhorbat is a fortified village located in the province of Errachidia, while Moulay Bouzerktoune is a fishing village situated in the province of Essaouira. They have been […]
Moroccan businesswomen will benefit from technical assistance of the World Bank Women Entrepreneurs Finance Initiative (WB We-Fi) program to access to new markets through e-commerce. An agreement was signed lately in this regard by the WB officials with Moroccan ministry of Trade & Industry, Morocco’s SME Agency and the Federation of Moroccan Chambers of Commerce, […]
Harnessing Africa’s solar energy to produce 50 million tons of green hydrogen a year by 2035 can help secure global energy supply, create jobs, decarbonize heavy industry, and transform access to clean water and sustainable energy, according to a new report by the European Investment Bank (EIB). Africa could make $1.1 trillion from the sale […]
A memorandum of understanding relating to an investment project in the outsourcing sector was signed This week in Rabat between the Ministry of Digital Transition and the French Thales group. Under the MoU, the French entity is committed to invest more than 350 million dirhams in the cybersecurity sector, through the establishment of a nearshore […]