First Independent Mena Newspaper
French President Emmanuel Macron who is touring East Africa, with stops in Djibouti, Ethiopia and Kenya, has pledged to invest $2.8 billion in Africa by financing and supporting startups and small- to – medium-sized enterprises by 2022. Macron, who started his trip to East Africa Monday, said the French government would support about 10,000 enterprises […]
President Emmanuel Macron of France Wednesday vowed to establish security and environment cooperation between his country and Kenya as he kicked off the third and last leg of his East African tour that brought him to Djibouti and Ethiopia. “We want to improve cooperation in the region from the security and defense point of view,” […]
Qatar Petroleum has joined the Italian oil company ENI and Morocco’s Office for Hydrocarbons and Mining ONHYM to explore for oil and gas off Tarfaya. ENI and Qatar Petroleum have signed an agreement on Wednesday allowing the Qatari company to acquire a 30% stake in the offshore concession of Tarfaya, including 12 blocks of exploration […]
Morocco sidestepped being listed in the EU’s tax haven black list but is included in the grey list, which comprises countries that are given time to reform. Ten other countries, including the UAE, are on the black list, which was approved by EU finance ministers. The black list included so far only five jurisdictions and […]
The European Union Tuesday took away Tunisia from its backlist of non-cooperative jurisdictions also branded “tax haven countries” after the North Africa country implemented demanded reforms that have improved tax policies. But it was not clear if Tunisia was put on the Grey list like Morocco. The grey list comprises countries that are given time […]
President Emmanuel Macron of France kicked off Monday a four-day tour in Eastern Africa with the first leg in Djibouti followed by Ethiopia and Kenya where the French leader will co-chair UN-sponsored One Planet Summit. The trip to Djibouti, a French former colony, is the first in a decade by a French President after Sarkozy […]
The European Investment Bank (EIB) and the Moroccan Motorway Company, la Société Nationale des Autoroutes du Maroc (ADM), signed Monday in Rabat an €80 million financing agreement meant to upgrade highway infrastructure in an around Casablanca. The amount will finance the tripling of the Casablanca-Berrechid highway lanes on 25.8 km and the construction of a […]
Scores of African governments and business officials are expected in Hamburg on March 27 and 28 to take part in the 13th German-African Energy Forum. The meeting is expected to set the stage for German and African businesses as well as public enterprises to expand economic ties, strike deals, and combat “energy poverty”. Under the […]
The United Kingdom has announced new funding to give more people and companies across Africa access to affordable, clean energy. The announcement was made lately by UK’s Minister for Africa, Harriett Baldwin. According to Ms. Harriett Baldwin, the new funding will see £30 million added to the Transforming Energy Access program, taking total UK investment […]
Pope Francis will pay a visit to Morocco on March 30-31 during which he will meet King Mohammed VI, visit many churches and meet migrants. The visit comes at the invitation from King Mohammed VI, Commander of the Faithful. This is the second time a Pope visits the majority-Muslim North African country since 1985. Morocco […]