First Independent Mena Newspaper
France’s economic diplomacy in Africa, historically a cornerstone of Paris’s international influence, confronts profound crisis as market share erodes and competitors gain ground. Fifteen years ago, France still considered itself a major banking and commercial power across the continent, with key sectors from finance to infrastructure making Paris an indispensable partner for Francophone and Anglophone […]
Swiss Engineering Company Cavotec has announced the signing of an order with TAKRAF India Pvt. Ltd. for the supply of cable and hose reel systems to Morocco’s OCP group, the world’s largest producer of phosphate-based fertilizers. The order comprises seven cable reel systems and six hose reel systems. The systems will provide safe and reliable […]
The French Development Agency (AFD) is committed to implementing the commitments made during the visit of French President Emmanuel Macron to Morocco in October 2024, notably development projects in the Kingdom’s Southern Provinces, the Agency’s Chief Executive Officer, Rémy Rioux, said on Thursday in Rabat. Speaking at a press briefing following talks with the Minister […]
Morocco and Germany advanced cultural cooperation significantly with a strategic partnership agreement signed January 15 between the National Museums Foundation (FNM) and Prussia’s Cultural Heritage Foundation (SPK) at Rabat’s Mohammed VI Museum of Modern and Contemporary Art. The agreement marks a new museum relationship phase. FNM President Mehdi Qotbi welcomed the signing as both symbolic […]
Egypt has received €1 billion in concessional development financing from the European Union, marking the first tranche of the second phase of the EU’s macro-financial assistance (MFA), announced on Thursday by Minister of International Cooperation, Rania Al-Mashat. The disbursement follows the implementation of 16 economic and structural reforms aimed at strengthening macroeconomic stability, improving public […]
Morocco’s decision to suspend frozen sardine exports to the European Union while maintaining Russian fleet access to its waters has triggered significant anger in Spain. Spanish industrial and maritime sectors are expressing mounting frustration over the policy, which they view as severely damaging to Spain’s canning industry, particularly in Galicia, a region heavily dependent on […]
A British sports security delegation visited the Prince Moulay Abdellah Sports Complex in Rabat on Wednesday as part of Morocco–UK security cooperation linked to preparations for the 2030 FIFA World Cup, Moroccan security officials said. The visit coincided with security arrangements for a 2025 Africa Cup of Nations semifinal, allowing the delegation to observe crowd […]
Bilateral trade between Morocco and the United Kingdom has experienced remarkable growth since the Association Agreement’s 2021 implementation, confirming the post-Brexit partnership’s success. During a recent parliamentary session, UK Trade Minister Chris Bryant delivered figures demonstrating what he termed a genuine “surge” in economic relations between the two kingdoms. Official British government data reveals bilateral […]
Morocco continues to attract foreign investment thanks to its political stability, economic performance, open-market, unique geostrategic position and growing competitive industrial eco-system. British Company PowerForce Global, leader in industrial maintenance and service solutions in energy sector, has launched its operations in Morocco as part of its expansion strategy in North Africa. The Bristol-based Company delivers […]
Economic cooperation between Morocco and Spain continues to deepen in the agri-food industry, with investors from both countries demonstrating strong interest in biscuit manufacturing and industrial bread production. Competition authorities recently disclosed several major concentration operations signaling this growing partnership. The Moroccan Competition Council announced that Mexican multinational Grupo Bimbo S.A.B. de C.V., through its […]