First Independent Mena Newspaper
Saudi Arabia Tuesday announced it channeled $250 million to the Sudanese Central Bank, half of the $500 million promised with United Arab Emirates (UAE) in April to ease the financial crisis in the African country. The $250 million deposit is Saudi Arabia’s contribution. The same amount was pledged by the UAE in April. The two […]
The US State Department Tuesday validated a military deal with Egypt that involves technical support for the North African country’s navy. The deal to be implemented by Virginia-based VSE Corporation will cost Egypt $554 million. The price tag may change following final clearance from the senate, Defense News reports. VSE Corporation will do technical work […]
Spain and Morocco are an “outstanding example” of how neighborhood, with its geographical and historical peculiarities, can be transformed into a strong and fruitful relationship between two friendly countries, which have succeeded in establishing mutual trust, said the head of the Spanish government, Pedro Sanchez. “Spain and Morocco are, today more than ever, two countries […]
Hervé Renard, head coach of Morocco’s national soccer team, has signed a two-year and half deal with the Saudi football association. Renard, has not confirmed the deal, but Saudi sports media, Arriadiyyah, noted that kingdom’s football association will unveil the French technician in the next coming days, Huffpost Maghreb reports. Renard parted July 21 officially […]
The President of African Development Bank (AfDB), Akinwumi Adesina, challenged governments in Africa to play a leading role in providing jobs for Africans, saying it was time for African governments to begin to shift from youth empowerment to youth investment. Adesina who was speaking over the weekend at the 5th Tony Elumelu African Entrepreneurship forum […]
Ministers of the Steering Committee for the Institutional Reform of the Economic Community of Central African States (ECCAS) have adopted a new Community public procurement code. This new governance instrument, which contributes to the revision of the ECCAS Financial Regulation, aims to regulate the procurement process in the regional bloc and institutions of the sub-region. […]
The South African Democratic Alliance has requested the Government to give updates on the investigations carried out on the alleged sexual harassment scandal involving Algerian ambassador to South Africa, pointing out that the wheels of justice seem to have come to a grinding halt in this case. The Democratic Alliance (DA) has submitted urgent Parliamentary […]
The Moroccan government has strongly decried the demolition by Israel of Palestinian buildings in East Jerusalem, saying the move violates international law and undermines the peace agreements signed by the Palestinian Authority and Israel. The remarks were made Thursday in Rabat by foreign minister Nasser Bourita who expressed Morocco’s “firm condemnation” of the demolition […]
Morocco enjoys political stability, robust infrastructure, and a strategic location, which have contributed to its emergence as a regional manufacturing and export base for international companies, says the State Department in its 2019 Climate Investment Statements. Morocco is actively encouraging and facilitating foreign investment, particularly in export sectors like manufacturing, through macro-economic policies, trade […]
Morocco’s OCP Group, the world’s first producer and exporter of phosphate in all its forms, continues expanding its African partnership aimed at unlocking Africa’s vast agricultural potential and contributing to the continent’s food security. Its subsidiary OCP Africa has teamed with Ghana’s ministry of food & agriculture (MOFA) to launch Mid-July in Nasia ‘Agribooster […]