First Independent Mena Newspaper
Young doctors in Africa often go abroad to complete their studies and then end up staying there, which has resulted in a massive brain drain during this time of Covid-19. Nigeria has now joined a number of countries, including Morocco, Tunisia, Rwanda and Senegal, who have put countermeasures in place to prevent a mass exodus […]
Morocco’s gas imports jumped 167% by the end of April through the Maghreb Europe pipeline, key to powering small electricity plants in northern and eastern Morocco. The information was revealed by energy minister Leila Benali who was speaking to MPs underscoring the efficiency of the reverse flow of the pipeline. She also highlighted the role […]
Morocco and the United the Kingdom are strengthening their economic partnership, trade exchanges and political dialogue to counter common international challenges. Total trade in goods and services (exports plus imports) between the UK and Morocco reached £3.1 billion in 2022, an increase of 49.8% or £1.0 billion recorded in 2021. The two countries are determined […]
German Chancellor Olaf Scholz heads Thursday May 4 to Ethiopia and Kenya, where talks will focus on reaffirming strategic alliances in the region, though the Sudan crisis is likely to dominate the talks. While Germany has been one of the biggest financial supporters of Ethiopia, the Tigray conflict significantly strained Addis Ababa’s relations with Berlin. […]
Europe is increasingly turning to Africa to find alternatives for Russian energy supplies it has shunned since the start of the war with Ukraine, while the United States, China and Russia are racing for economic influence on the continent. These four global powers are in a race to win over Africa, the continent’s market of […]
Chariot, a UK company that found gas offshore northern Morocco, and fuel distributor Vivo Energy agreed to work together to distribute natural gas to industrial customers in Morocco. “This agreement confirms the priority given by Chariot to the Moroccan energy market, expands upon our other existing sales negotiations around future offtakes for the gas from […]
A Moroccan woman died and 25 others were injured, when a bus carrying Moroccan seasonal workers overturned early on Monday in southern Spain, the emergency services said. The bus carrying 34 Moroccan farm workers from San Juan del Puerto to Huelva overturned just before sunrise some 50 km from the southwestern Andalusian city of Huelva, […]
Officials from the Casablanca Stock exchange held meetings with investors in London to showcase the competitive advantages it offers as well as Morocco’s business climate. The bourse has a pivotal role to play in funding Moroccan enterprises and it is set to attract more companies seeking better financing opportunities, including SMEs, Casablanca Stock Exchange head […]
Majority of oil trade routes are now at least five times longer as supplier and buyer dynamics have changed dramatically after the Western sanctions imposed on Russia over its invasion of Ukraine, raising the prospect of increased emissions. Most pre-war oil trade routes that took 5-6 days prior to the Russia-Ukraine war can now take […]
The Nigerian National Petroleum Company (NNPC) Ltd, Africa’s biggest oil producer, has signed a memorandum of understanding (MoU) with a Norwegian company to build a floating LNG plant in the West African country to boost its domestic supplies and exports. Nigeria’s state oil giant has inked the MoU with Golar Liquefied Natural Gas Energy (GLNG) […]