First Independent Mena Newspaper
As it prepares to host COP26 in Glasgow in 2021, the UK reached out to Morocco, host of COP22, which it described as a climate leader. The remarks were made by COP26 President and the British Secretary of State for Business, Energy, and Industrial Strategy, Alok Sharma, at a video teleconference with Morocco’s Energy Minister […]
France’s largest hydrocarbons group Axens and the Nigerian conglomerate BUA signed a partnership contract on Tuesday in Paris to carry out the first stage of a refinery project which will be located in Akwa Ibom State, in south-eastern Nigeria. Nigeria, the continent’s leading crude oil producer but which imports almost all of its fuel, seeks […]
Wind energy is developing and expanding rapidly in Morocco, which is determined to bolster its green and renewable energies to power its competitive economy and sustainable growth. On Wednesday, Siemens Gamesa said it will install 87 wind turbines in the Boujdour wind farm, located in southern Morocco. It has received the order for the supply […]
On May 27, 2020, the EU Commission presented its proposal for a post-pandemic recovery plan to help the bloc overcome the impact of the coronavirus crisis. The plan has however failed to include the grouping’s need to policy reforms towards its southern neighbors in the Middle East and North Africa (MENA), whose economic and political […]
The European Bank for Reconstruction and Development (EBRD) has mobilized €300 million worth of loans for the benefit of three public enterprises in Morocco. The National Airports Office (ONDA), the National Company of Highways of Morocco (ADM), and the National Office for Electricity and Drinking Water (ONEE) are set to benefit from the loans destined […]
The European Investment Bank has released a first tranche of €100 million out of a total emergency funding of €200 million destined to support Morocco’s efforts against the COVID-19 virus crisis. This is the first EIB financing in the EU’s Mediterranean neighborhood to help national authorities fight the pandemic, the bank said in a press […]
Spain has excluded Morocco from a list of extra-EU countries that can enter its airspace for commercial and passenger traffic. Spanish authorities evoked reciprocity but observers see the move as a retaliatory measure against Morocco’s sovereign measure to close borders with the two enclaves of Ceuta and Melilla during the pandemic. Spain was one of […]
The European Investment Bank (EIB) will grant Al Amana Microfinance NGO a €3 million loan destined to support the development of Moroccan micro-enterprises and very small enterprises (VSEs), with a special focus on supporting women entrepreneurs. The agreement between the two sides seeks to facilitate access of micro-enterprises and VSEs to finance, the EIB explained […]
Morocco’s Permanent Representative the UN, Omar Hilale, and the Swiss Ambassador Pascale Baeriswyl on Friday held a working session in Geneva with the United Nations High Commissioner for Human Rights, Michelle Bachelet, and her team. The meeting, held as part of the two diplomats’ mandate to facilitate the process of strengthening the UN Human Rights […]
The planned potash project in Khemisset (Northern Morocco) will create 2,385 direct and indirect jobs, and will increase the local GDP per capita by an estimated 40 pc. The figures were revealed by the UK fertilizer group Emmerson Plc, the Moroccan focused potash development company, when unveiling the findings of a socio-economic study of the […]