First Independent Mena Newspaper
Morocco is set to take advantage of its improving macroeconomic situation by tapping into the bond market, more than a year after its successful $2.5 billion bond, Nadia Fettah Alaoui said. The bond would strengthen state finances and help cut the deficit, Fettah Alaoui told Bloomberg. “We are constantly monitoring the market.” “We do not […]
Moroccan banks operate in 30 African countries where they generate 23% of their revenue, Moroccan central bank governor Abdellatif Jouahri said while speaking about investments by Moroccan firms in the continent. Speaking at an event on the Atlantic initiative, launched by King Mohammed VI to bolster regional integration, Jouahri highlighted the monarch’s win-win approach in […]
Administrator of U.S. Agency for International Development, Samantha Power, has praised Morocco’s inclusive development, good governance and education reform to meet the needs of the labor market. At a meeting held Wednesday in Rabat with Moroccan foreign minister Nasser Bourita, the USAID chief commended Morocco’s efforts made to reduce greenhouse gas emissions, enhance youth empowerment […]
Wagner is taking advantage to recruit young fighters from the Polisario-run Tindouf camps in Algeria, where Jihadist AQMI and ISIS have found fertile ground to enroll fighters. The alarm bell was rang by FORSATIN, a Sahrawi forum that brings together advocates of Morocco’s autonomy plan. “The early April attack by Wagner fighters on the Mauritanian […]
Director-General of Morocco’s National Security and Territorial Surveillance, Abdellatif Hammouchi, and General-Director of the Brazilian Federal Police, Andrei Augusto Passos Rodrigues, signed, on Tuesday in Agadir, a memorandum of understanding on security cooperation. The MoU, meant to strengthen bilateral cooperation and exchange experiences in the security field, provides for developing cooperation channels between Moroccan and […]
Morocco is looking forward to benefiting from the experience and know-how of Serum Institute of India in vaccine manufacturing and biotechnology to ensure its vaccine sovereignty. Cooperation prospects between the North African Kingdom and the Indian Institute were at the center of a meeting held Tuesday in Rabat between a delegation representing the world’s largest […]
Côte d’Ivoire, the world’s top cocoa producer, has risen to the top spot as the best-rated sovereign in sub-Saharan Africa with foreign debt outstanding, overtaking South Africa, according to the latest S&P Global Ratings. While both countries maintain their BB- ratings by S&P Global Ratings, Côte d’Ivoire shifted to positive on what the ratings company […]
The economy of Guinea Bissau remains highly dependent on Cashew nuts, whose exports dropped significantly last year depriving the country of much needed revenue to diversify the economy and curb poverty, the World Bank said. “While cashew production reached 260 thousand tons, the highest production yield on record, only 170 thousand tons were exported by […]
Ambassadors from several African countries hailed, Wednesday in Dakhla, the “credibility” and “boldness” of King Mohammed VI’s initiative to promote Sahel countries’ access to the Atlantic Ocean. “Despite the security challenges facing Sahel countries, Morocco, through the Royal Initiative, strives to make the Atlantic coast a large-scale economic integration center,” they stated during a panel […]
USAID chief Samantha Power has announced the launch of a new initiative destined to help Moroccan vulnerable cooperatives and entrepreneurs in rural areas adapt to climate change, grow their economic activities, and build resilience to climate shocks and water scarcity. The announcement of the new Cooperative Resilience Program was made by Smantha at the Mohammed […]