First Independent Mena Newspaper
The African Development Bank has lent €100 Million to Morocco’s Communal Equipment Fund to support sustainable infrastructure projects aimed at reducing territorial and social disparities in the North African Kingdom. The loan agreement was signed Friday in Rabat by the African Development Bank (AfDB) and le Fonds d’équipement communal (FEC). The money will serve to […]
Amid growing global competition for strategic minerals, the US is relying on Africa to reduce the dominance of China over resources used for electric batteries, U.S. Deputy Treasury Secretary Wally Adeyemo said. “We don’t want to be overly reliant on any one country or any one company for global supply chains for critical minerals,” Adeyemo […]
Morocco’s second biggest lender, BCP, said its net banking income rose 10.6% to 22.8 billion dirhams in 2023. This performance is attributed to the strengthening of the interest margin by 1.9%, an 8% growth in the commission margin, and an increase in the result from market activities by 65.8%, the bank said. The bank’s net […]
Bayt Mal Al-Quds Asharif Agency organized Thursday an Iftar in the Holy City to mark the launch of the humanitarian aid operation deployed in the city on the instructions of King Mohammed VI, Chairman of Al-Quds Committee. The Iftar was attended by Muslim and Christian religious dignitaries, eminent figures, the head of the Moroccan Waqf […]
The U.S. Ambassador to the United Nations, Linda Thomas Greenfield and her Moroccan counterpart Ambassador Omar Hilale, presented Thursday to the international press, the first-ever UN resolution on artificial intelligence, which will be adopted by the UN General Assembly on March 21. The presentation of the initiative took place during a press conference at UN […]
Millions of internet users in Côte d’Ivoire, Liberia, Benin, Ghana and Burkina Faso were frustrated after an outage that was blamed on undersea cables failures. The African subsea cable operator Seacom confirmed that services on its west African cable system were down and that customers who relied on that cable were being redirected to the […]
Russian President Vladimir Putin has zoomed in on his French counterpart Emmanuel Macron and his vocal criticism of Moscow’s war on Ukraine, arguing that this “emotional reaction” by the French president is due to “resentment” at losing allies in Africa to the Kremlin. In an interview published on Wednesday (13 March), Putin said heightened Russian […]
Egypt is reportedly set to receive up to 7.4 billion euros in funding from the European Union under a major ‘cash for migrant control’ pact which could be formally announced during the upcoming visit of the European Commission chief to Cairo this Sunday (17 March). The EU support package is intended to relieve pressure on […]
The successful humanitarian operation launched by King Mohammed VI to alleviate the sufferings of the Palestinians in the Gaza Strip and Al Quds, reeling under inhuman Israeli siege, made the headlines of international media. Forty tons of foodstuffs and basic products were sent on Tuesday to Palestinians upon the instructions of King Mohammed VI, chairman […]
Upon the instructions of King Mohammed VI, Chairman of the Al-Quds Committee, Bayt Mal Al-Quds Asharif Agency launched, this Thursday in the Holy City, a humanitarian aid operation on the esplanades of Augusta Victoria (Al Mutlaa) Hospital, in the presence of the director in charge of the agency’s management, Mohamed Salem Echarkaoui, several religious dignitaries, […]