First Independent Mena Newspaper
A kenyan court dropped charges against Morocco’s phosphates giant OCP over alleged mercure presence in its fertilizers. The court also withdrew criminal charges against OCP officials and ordered the release of the fertilizers cargo that was held at Ballore Warehouse. Some Kenyan news portals said the termination came after parties entered a plea bargaining agreement. […]
The Tony Elumelu Foundation (TEF), the leading African philanthropy committed to empowering African entrepreneurs, will hold this year’s entrepreneurs’ summit in Abuja. TEF’s gathering, which is in its fifth year is set to take place July 26 – 27 in Nigeria’s federal capital Abuja with the participation of entrepreneurs from 54 countries. The event is […]
The German solar solutions provider, DHYBRID, has been selected to set up seven mini-power plants in remote locations in Senegal. The hybrid facilities will have an overall capacity of 2 MW. These projects are part of the country’s energy mix diversification plan. They will also accelerate the rural electrification process. DHYBRID has been selected by […]
The European Bank for Reconstruction & Development (EBRD) announced on Thursday the approval of a €2 million loan to Société Maghrebine de Monétique S.A. (S2M), a Moroccan firm that develops e-payments systems. The loan will enable S2M to enhance its competitiveness and increase employment opportunities for young people with on-the-job-training programs Under the Bank’s Blue […]
The International Energy Agency has released the latest in-depth review of Morocco’s energy policies, welcoming the institutional, legal and fiscal reforms undertaken by the North African country to promote the sustainable development of the energy sector and the ambitious energy transition pathway it is pursuing. The report was presented in Rabat by Dr Fatih Birol, […]
Ghana has become the first-largest gold producer in Africa followed by South Africa, according to data released by the World Bank. According to the Washington-based institution, Ghana exported 158 tons of gold in 2018, about 15% increase over the previous year. Ghana has thus dethroned South Africa and returned to the high volumes of the […]
Sirieco, a Slovak company plans to set up a plant in Nigeria, to assemble electric cars and manufacture the new-generation incandescent bulbs, the company’s CEO Groidis Peter announced during a recent visit to the West African nation. The plant will be located at Calabar in Cross River State, southeast Nigeria, Groidis Peter said. The Governor […]
Spanish Minister of Defense Margarita Robles, on Wednesday, welcomed the cooperation existing between Spain and Morocco in fighting the networks of migrants smuggling operating in the Strait of Gibraltar. “We have full confidence in the collaboration with Morocco” in the field of the fight against irregular immigration, she told the press on the sidelines of […]
French automaker PSA Peugeot is undertaking the final touches before starting production in its Kenitra factory, worth €557 million. Head of the Central Bank had said that the factory will open by mid-2019. Peugeot’s CEO Carlos Tavares will attend the opening of the state-of-the-art factory, which will mark the return for the company’s production in […]
UNCTAD and Mauritius have signed a memorandum of understanding to open a new center of excellence for the fisheries sector in developing countries. The center will serve as a practical site for putting policy recommendations for least developed countries (LDCs) into action and will bring together experts, researchers and policymakers from the LDCs and other […]