First Independent Mena Newspaper
A Moroccan delegation, led by Minister Delegate for African Cooperation, Mr. Mohcine Jazouli, is taking part in the 12th US-Africa Business Summit, held in Maputo, Mozambique, June 18-21. Morocco, the only African country to sign a free trade agreement with the United States and a leading diplomatic and economic player on the continent, is represented […]
Moroccan mining firm, Managem, announced, Tuesday, that it acquired the remaining 30% stake in the joint venture with West African-focused gold mining and exploration company Avocet Mining, for $21 million. In 2016, Managem acquired 40% of this project in partnership with Avocet Mining before increasing this share to 70% in 2018. With this […]
Both Morocco and Azerbaijan have suffered from the remnants of separatists hosted and armed by hostile neighboring states. Morocco has struggled to recover its territorial integrity and sovereignty after enduring the painful experience of double French and Spanish colonization that drew arbitrary borders, amputating the Kingdom of territories that were until a recent past part […]
The European Commission announced this Wednesday the extension of the Bêkou Trust Fund for the Central African Republic (CAR) until the end of 2020. The Bêkou Trust Fund (meaning “hope” in Sango) was created in July 2014 to address the political and security crisis of 2013 in CAR and remains a critical instrument to […]
UK-based Azuri Technologies said it has raised $26 million to expand its individual solar kit business to cater to African households. According to the company, Marubeni Corporation – a well-known Japanese conglomerate, which invests in renewable energy projects across Africa – contributed a significant amount of investment. IP group, a British technology-focused investment fund, and […]
Bahrain and Saudi Arabia have both renewed this week backing to Morocco’s legitimate rights over its southern provinces and reaffirmed rejection of any attack on Morocco’s supreme interests, sovereignty and territorial integrity. In Manama, the Foreign Ministry renewed in a statement Bahrain’s supportive position to Morocco’s legitimate rights over its southern provinces, and its backing […]
Head of Casablanca Finance city (CFC) saïd Ibrahimi said that the number of companies that have acquired CFC status rose to 184 and is set to increase in light of the advantages offered by the Moroccan financial center to companies that want to expand in Africa. He said that CFC tax regime was not the […]
Morocco is taking part in the 53rd Paris International Air and Space Show, which opened on Monday at the Bourget exhibition Center, North of Paris, an opportunity to “showcase the boom and dynamism the sector is witnessing today,” said the Minister of Industry Moulay Hafid Elalamy, who is leading the Moroccan delegation to the show. […]
A newly installed solar power plant in the Gaza Strip, Occupied Palestinian Territory (OPT), will reduce Nasser Hospital’s reliance on donated fuel and, by providing life-saving interventions, help build resilience, according to the World Health Organization (WHO). The power plant provides clean energy and is expected to save fuel, reduce CO2 emissions by 185 tons, […]
With the support of the African Union Commission’s Department of Trade and Industry, the Permanent Mission of the African Union in Belgium organized a sensitization workshop on the African Continental Free Trade Area (AfCFTA). The agreement to create the single market for goods and services was signed by 44 out of the 55 Member States […]