First Independent Mena Newspaper
Morocco is a key geopolitical player in the Euro-Mediterranean region, said Spanish geopolitical analyst Francisco Lázaro, in a column published Wednesday in El Correo daily, describing the Kingdom as an emerging regional power, equipped with advanced industrial infrastructure and a diversified economy. Lázaro noted that the Kingdom’s notable economic and military progress, including its attractiveness […]
Morocco’s pepper exports hit nearly 190,000 metric tons during the 2024-2025 season, generating more than $240 million and marking the fifth consecutive record, the foreign exchange regulator said. The volume represents a 3.7% increase over last year and caps an average annual growth rate of 13% over the past five years, the regulator said in […]
Morocco has secured €450 million funding from German Development Bank (KfW) under three agreements inked Tuesday in Rabat by Minister Delegate in charge of the Budget Fouzi Lekjaa and Director of the German Bank for North Africa Daniela Beckmann. KfW is providing Morocco €100 million to enhance the Kingdom’s resilience to climate change and supporting […]
Morocco’s leading port operator Marsa Maroc has acquired 45 percent capital and voting rights in Spain’s Boluda Corporacion Maritima (BMT) for €80 million, establishing strategic presence across the Strait of Gibraltar. BMT operates nine ports spanning the Iberian Peninsula and Canary Islands. This strategic partnership “opens pathways to synergies” between both groups, “pooling complementary expertise […]
The European Bank for Reconstruction and Development (EBRD) celebrated record contract signings with Morocco totaling approximately $1 billion in 2025, marking unprecedented collaboration between the development institution and the North African kingdom. The bank’s First Vice President Greg Guyett, who is on a visit to the Kingdom this week, attributed this positive momentum to close […]
The European Bank for Reconstruction and Development (EBRD) provides Morocco a €150 million loan to finance the third phase of Saïss Water Conservation Program. The package also includes a $7.5 million grant from the UK under the EBRD’s High-Impact Partnership for Climate Action (HIPCA) multi-donor fund. Recognising the project’s strategic importance for Morocco, the Bank […]
Sweden and Norway have taken sharply different paths on aid to Africa, with Stockholm cutting aid while Oslo increases allocations for humanitarian support. On Dec. 8, Sweden announced it will phase out bilateral development assistance to five countries, including four in Africa: Zimbabwe, Tanzania, Mozambique and Liberia. The goal was to free up about 10 […]
After the United States and France, it’s the turn of the United Arab Emirates to Invest massively in the Moroccan Saharan city of Dakhla, particularly in renewable energies. Dahamco, a joint Moroccan-Emirati venture, has unveiled lately a $25 billion green ammonia project at the Port of Dakhla to produce multi-million tons of ammonia annually. According […]
French rail giant Alstom has announced an investment of over $ 10 million to boost Morocco’s multi-platform production line for train driver desks, giving a new impetus to the country’s railway industrial value chain. “Seeing this first global production line established within our AMECA region is a strong signal of the industrial momentum we are […]
Two senior officials from the European Bank for Reconstruction & Development started this Thursday a two-day working visit to Morocco for talks with government officials and business representatives. Discussions will focus on EBRD’s support for the private sector, key infrastructure investments and the transition to a green economy, said the bank in a press release. […]