First Independent Mena Newspaper
The Islamic Development Bank (IsDB) and the European Investment Bank pledged to commit $1b each in co-financing green projects, during the 2019 Sukuk Summit, hosted in Luxembourg. Together with the European Investment Bank (EIB), IsDB signed a Memorandum of Understanding (MOU) to strengthen cooperation and committed $1 billion each in co-financing green projects through to […]
In Côte d’Ivoire, the Cocody Bay will soon become one of the best attractions of the capital city Abidjan tanks to Moroccan company Marchica Med, headed by Saïd Zarrou. In 2016, King Mohammed VI and President Alassane Ouattara announced plans to transform the Cocody Bay to provide innovative mechanisms in urban planning, and also to […]
King Mohammed VI has condemned the despicable terror attack that targeted lately a mining company convoy in Burkina Faso, leaving nearly 40 dead. In a message sent to President Roch Marc Christian Kaboré of Burkina Faso, the Monarch strongly denounced this appalling attack and offered him his heartfelt condolences, expressing his sympathy to the grieving […]
Mustapha Bakkoury, CEO of the Moroccan Agency for Sustainable Energy (Masen), was appointed, Tuesday in Johannesburg, chairman of the steering committee of the “Desert to Power” initiative, which aims to develop the use of renewable energy in several African countries. The appointment took place on the sidelines of the second edition of the Africa Investment […]
Moroccan insurance company Wafa Assurance said it completed the acquisition of 65% of Cameroon’s Pro Assur, a company created in 2000. The transaction, taking the form of share acquisition and capital increase, was approved by Cameroon’s and Morocco’s regulatory authorities, Wafa Assurance said in a statement. The deal is meant to help Pro Assur develop […]
A strong Moroccan delegation is taking part in the second edition of the Africa Investment Forum, or the African Davos as it is called, to present to African and international investors the assets of Morocco, and also to expound the key role it plays in the promotion of the continent’s development. On the opening day […]
Pope Francis has announced that he will be visiting South Sudan next year, where efforts are underway to salvage a peace deal. In 2017, Pope Francis scheduled a trip to the war-torn nation but had to cancel it because of political instability and poor security. “I want to renew my invitation to all sides in […]
Cameroon’s presidency announced on Sunday that parliamentary elections will be held in the first quarter of 2020. The elections were postponed twice due to growing threats from armed separatists in the two English-speaking regions and attacks from Boko Haram terror group in the country’s farthest Northern region. Separatists have vowed to disrupt the elections in […]
In Mali, Police forces have rescued some 64 victims of human trafficking and people smuggling in an operation in coordination with Interpol, local media reported. The victims were women and girls targeted for sexual exploitation and forced labor in the mining sector and forced begging, Interpol said in a statement. “Police also conducted raids at […]
A three-day international Conference opened in Tunis on Nov 7. Entitled “Quest for Economic and Monetary Sovereignty in 21st Century Africa: Lessons and Prospects”. This conference gathers economists, financials, businessmen, experts and leaders of opinion from African countries and from all over the world. Foreign currencies and monetary independence are the main issues on the […]