First Independent Mena Newspaper
Morocco is leading the way in Africa and the world in establishing new special economic zones (SEZs) and attracting foreign direct investment (FDI), thanks to its higher value-added technology industries, according to a new report by Oxford Business Group. Entitled “How Special Economic Zones are shaping Africa’s industrial landscape”, the report, published last week, states […]
Morocco’s Atlas Lions was crowned best African national football team by the Association of African Sports Confederations (AASC). The award was presented to the Atlas lions in Cairo on Saturday evening at the annual Gala of the AASC which awarded its prizes for the year 2023. The Atlas Lions were rewarded for their historic achievement […]
Malian forces have taken Kidal the stronghold of Tuareg rebels marking the end of a deal brokered by Algiers in 2015 and the erosion of Algeria’s diplomacy in its Sahel neighborhood. More than a week after Bamako soldiers, backed by Russian Wagner mercenaries, took the strategic town, Algeria’s resounding silence reflects the country’s fading role […]
British multinational oil and gas company, British Petroleum (BP) has left the Senegalese Yakaar-Teranga natural gas field following a fallout with authorities over the utilization of the commodity, Sputnik reports. The move came after Senegal’s Minister of Oil and Energy Antoine Felix Diome told media that both sides are on opposite sides when it comes […]
Morocco is stepping up efforts to build a competitive merchant fleet in line with the country’s Atlantic ambitions and port investments. Transport minister had told MPs last week his department was set to promote investments aiming at bolstering Morocco’s commercial marine fleet. The announcement came after King Mohammed VI urged transforming Morocco’s Atlantic coast into […]
Ado Al-Hajji Abu, the Executive Secretary of the Community of Sahel-Saharan States (CEN-SAD) began Saturday November 25 work from the organization’s permanent headquarters in Tripoli, in Libya. Ado Al-Hajji Abu was received by the Minister of Youth, the Prime Minister’s envoy to Africa, Fathallah El-Zeni, and a number of directors of departments and offices in […]
The Central bank of Mauritania, BCM, has reportedly suspended the acquisition of Société Générale Mauritanie, the subsidiary of Paris-based Société Générale, by Burkina Faso-based Coris Holding over an alleged fraud accusation leveled at Coris. Société Générale in June 2023 announced the sales of several of its subsidiaries in the southern Sahara including Mauritania. The bank […]
South Korea’s recent announcement of the opening of new diplomatic missions in several African nations signals that Seoul aims to commit more resources to a continent that is widely seen as home to some of the world’s fastest-growing markets, according to experts. When the South Korean government on 7 November announced plans to open 10 […]
Nigeria, Africa’s largest economy, is seeking the exclusive BRICS membership to enhance its global economic influence that would also allow it to loosen its ties with the West, according to experts. According to Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, the West African country hopes to join the influential economic alliance within two years, stressing […]
As African leaders converged on Germany’s capital earlier this week to attend the G20 ‘Compact for Africa’ meeting, the African Union (AU) chief called for “positive competition” from Europe in the continent, which would be more welcome than its criticism of Chinese investments for saddling poor countries with huge debts. While addressing the high-level meeting […]