First Independent Mena Newspaper
Casablanca Finance City (CFC) and Abu Dhabi Global Market have agreed to enhance cooperation and jointly promote the development of financial services in Morocco and the United Arab Emirates. The agreement was inked by Saïd Ibrahimi, CEO of the CFC Authority and his emirati peer Dhaher Bin Dhaher Al Mheiri. The two sides pledge to […]
The Russian embassy in Dakar has denied and lambasted accusations by President Macky Sall’s entourage alleging that Moscow is planning to channel funds to Ousmane Sonko, one of the serious challengers to the outgoing president in the Feb.24 elections. The Russian mission in a press statement said the allegations circulated by Head of Senegalese expatriates […]
South Sudan is planning to increase oil production to 270,000 bpd by the end of 2019, the country’s Minister of Petroleum and Mining, Ezekiel Lol Gatkuoth said. Speaking on the sidelines of a conference in India last weekend, the minister said South Sudan is working to return to its pre-war production levels of 350,000 bpd […]
The Kenya-Tanzania Power Interconnection Project has moved forward with the division of lots and the commitment of contractors to set up a 510km 400kV transmission line and accompanying substations. With the completion deadline set for 2020, the project is being implemented by the Tanzania Electric Supply Company (Tanesco) in collaboration with Kenya Electricity Transmission Company […]
French investment firm Meridiam has launched a research and training program focused on renewable energy development in Dakar. The training program is managed by the International Centre for Training and Research in solar energy (CIFRES), a unit of the Higher Polytechnic School of Dakar (ESP). About 200 technicians and electricians are expected to receive training […]
The European Parliament adopted this Tuesday (Feb.12) by an overwhelming majority the Morocco-EU Fisheries Agreement. The accord and its protocol were adopted at a plenary session in Strasbourg by 415 votes in favor, 189 against and 49 abstentions. This vote, the last endorsement step at the European level, is the culmination of a process of […]
Three French nationals, including one of Algerian origin, were arrested Monday (Feb. 11) in Salé, Rabat’s twin city, for their alleged involvement in the financing of terrorism and for links with fighters operating in Syria and Iraq. Investigations revealed that the suspects have forged close ties with fighters of the Islamic State terror group (ISIS), […]
Boeing has announced this Tuesday an agreement with Royal Air Maroc to use a suite of Boeing AnalytX-powered crew solutions to bring greater efficiency to the Moroccan airline’s planning and operations. The airline will be the first in Africa to use the advanced solutions, which include Crew Pairing, Crew Rostering and Crew Tracking — with […]
The European Bank for Reconstruction & Development (EBRD) is supporting Moroccan automotive sector with a €7.5 million loan to Tuyauto Gestamp Morocco, a greenfield joint venture producer of metal automotive parts owned by Gestamp Automocion (Spain) and Tuyauto (Morocco). The funds will finance the first phase of Tuyauto Gestamp Morocco’s operations in the welding and […]
A report submitted by King Mohammed VI, the African leader on migration, won acclaim at the 32nd African Union Summit in Addis Ababa. The report builds on the momentum ushered by the African Agenda on migration put forward by the King last year and the proposal to set up an African observatory for migration at […]