First Independent Mena Newspaper
Chinese company Aeolon, specializing in the production of next-generation wind turbine blades, announced the beginning of the construction works of its first overseas plant in Morocco’s Nador Industrial Acceleration Zone. The plant, requiring an initial investment of €220.8 million, will produce wind turbine blades for markets in Europe, Africa, and the Middle East. It is […]
Morocco has emerged as the major winner from the competition engaged between the United States and China for control of the supply chain of critical minerals, used in clean energy transition and electric vehicle (EV) batteries, says the U.S. Center for Strategic and International Studies. In August 2022, the U.S. passed the Inflation Reduction Act […]
Japan’s international Cooperation Agency, JICA, has provided Burkina Faso with $1.3 million destined to finance acquisition of equipment to be used in the maintenance of roads in the West African country. Burkina Faso’s top diplomat Karamoko Jean-Marie Traore signed the grant deal with JICA local resident Keiichi Okitsu. Traore said that the agreement will give […]
Morocco on Tuesday condemned in the strongest terms the terrorist attack on a post at the Jordanian-Syrian borders, which killed three US soldiers and injured several others. Morocco rejects and condemns all terrorist attacks, whatever their origin and instigator, which would threaten the security and stability of the brotherly Kingdom of Jordan, Minister of Foreign […]
Japan will provide Côte d’Ivoire with equipment worth €5.3 million to support the West African country’s national plan to grow rice and consequently reduce its dependence on importation. Ivorian Minister Finance Adama Coulibaly and country presentative of Japan International Cooperation Agency (JICA) Usui Yukichi signed last week the equipment financing. The West African country plans […]
The Democratic Republic of Congo (DRC) and GEC, a consortium of Chinese companies, have sealed a new mine-road financing deal worth $7 Billion. The funds are mainly intended for the construction of national roads in the central African country. State-owned mining company Sicomines announced the decision over the weekend following talks on an updated version […]
The Republic of Guinea is seeking to raise more than $3 billion in funding from Dubai for projects under its Interim Reference Program (IRP) 2022-2025, Zawya reports. To meet the target, the West African country will showcase the projects at a Round Table of Donors (RTD), an event to be held on the sidelines of […]
Morocco backs the ruling of the International Court of Justice (ICJ) calling on Israel to take immediate provisional measures to ensure the protection of Palestinians in the Gaza Strip and guarantee sufficient and unhindered flow of humanitarian aid to the victims, a source at the Moroccan Foreign Ministry said. The ICJ’s ruling is in line […]
Saudi Arabia’s Crown Prince gave a directive ordering the administrations of his country to use only maps that show the full territory of the Moroccan Kingdom including the Sahara territory. Prince Mohammad Bin Salman also gave directives to drop the appellation “Western Sahara” in referring to the Moroccan Sahara in Saudi official jargon. The order […]
The Federation of UAE Chambers of Commerce & Industry (FCCI) and Gabon’s investment promotion agency ANPI-Gabon have inked a Memorandum of Understanding (MoU) to lure investment from the Gulf country to support economic development of Gabon. The deal was signed by ANPI-Gabon CEO Ghislain Moandza Mboma and FCCI’s Secretary General Humaid Mohamed Bin Salem, who […]