First Independent Mena Newspaper
The Spanish Council of Ministers approved, on Wednesday, an agreement to grant a loan of up to 20 million euros to the Fund for the financing of microfinance organizations in Morocco, Jaïda. The loan, granted through the Spanish Agency for International Development Cooperation (AECID), aims to finance the expansion of the Jaïda Fund portfolio. ”The […]
Moldova is considering establishing an embassy in Egypt over the coming period as part of efforts to strengthen ties with the Arab country, the Deputy PM and Minister of Foreign Affairs of the European country has revealed. Nico Popescu made the announcement Tuesday as he met with Egypt’s Prime Minister Mustafa Madbouli. The two officials […]
Morocco and Luxembourg have both expressed resolve to promote their partnership and develop further their economic cooperation. This came during the meetings Prince Guillaume, Hereditary Grand Duke of Luxembourg, held Tuesday in Rabat with several members of the Moroccan cabinet, including Head of the Government Aziz Akhannouch and Economy and Finance Minister Nadia Fettah. During […]
Through its $1bn five-year investment plan, US tech giant Google wants to tap into the African concept of “Ubuntu”, which was originally meant to pivot pan Africanism. Proponents of Ubuntu philosophy, such as South African fallen cleric Desmond Tutu, see it as a universal bond of sharing that connects all humanity — in this case […]
Ethiopia’s president Sahle-Work Zewde has reiterated calls for negotiations and other peaceful resolution means to end the country’s nearly two-year civil war. “The government has stated clearly that it will always keep the door open for peace,” Zewde said that while addressing the Ethiopian parliament on October 10. “We continue to urge for negotiations without […]
Morocco’s economic growth is expected to slow down to 0.8% in 2022 due to adverse international juncture and rebound to 3.1% the following year, says the International Monetary Fund (IMF) in its latest World economic outlook. Inflation is expected to reach in the country 6.2% this year before decreasing to 4.1% in 2023, adds the […]
Members of the Association of British Travel Agents (ABTA) are meeting in Marrakesh to discuss the industry issues, challenges and the future of travel & tourism. This year’s ABTA oversea travel convention, taking place from 10 to 12 October in Morocco’s red city, marks a return to in-person meetings after two-years of restrictions due to […]
More international law experts, university professors and human rights militants continue to support, at the United Nations, Morocco’s realistic autonomy plan for the Sahara and denounce the sufferings endured by the sequestered Sahrawis in the Polisario-controlled Tindouf camps, Southern Algeria. Addressing the UN fourth Committee, convening in New York, French expert André Grimblatt said that […]
High transport costs across Africa continue to hinder regional integration on the continent since large-scale transport infrastructure investments require huge investments, according to a recent World Bank report titled ‘How Does Infrastructure Support International Trade?’ The World Bank report argues that global trade has contributed to economic growth and poverty reduction in the past three […]
Senegal’s national carrier, Air Senegal has announcement the suspension, from October 30, of flights to Central Africa destinations due to low financial returns. “This decision is justified by the poor financial performance of this triangular route since its launch in March 2021,” the carrier said in a statement. The destinations scrapped are Cotonou (Benin), Douala […]