First Independent Mena Newspaper
Sound Energy PLC on Wednesday said that Casablanca-based Attijariwafa offered to finance the second phase of its development of the Tendrara production concession in Morocco. The London-based Morocco-focused upstream gas company said Attijariwafa offered up to around $237 million, subject to conditions being met before the end of September. The funding includes a 12-year term […]
A dizzying array of illegal weaponry dots market stalls across the Sahel, fueling violence and insecurity in this 6,000-km-wide belt in the middle of Africa, where smuggling networks exploit the ensuring desperation of people, leading to such deadly disasters as the recent shipwreck off the coast of Greece, according to the latest series of reports […]
Africa’s fintech market is poised for significant growth, projected to reach a $65 billion in revenue by 2030, which represents a 13-fold increase over 2021, according to a new study conducted by consulting firm Boston Consulting Group (BCG) and QED Investors, a global VC based in the US. This development will make Africa the world’sfastest-growing […]
On the high instructions of King Mohammed VI, Commander of the Faithful, the Chargé d’Affaires of Sweden in Rabat was summoned on Wednesday to the Ministry of Foreign Affairs and Morocco’s ambassador to Stockholm was recalled “for indefinite consultations,” after the Swedish government once again authorized a demonstration during which the Holy Quran was burned […]
The integration of migrants into Morocco’s social protection systems is a perfect illustration of the Kingdom’s comprehensive and inclusive approach to migration, Morocco’s Permanent Representative in Geneva, Omar Zniber said on Wednesday. Speaking during the 32nd session of the Standing Committee on Programs and Finance of the International Organization for Migration (IOM), the diplomat noted […]
Morocco’s gigafactory project and EV ecosystem have been boosted with the $280 million new investment announced Wednesday by Chinese Tinci Company for its plant to be built in the North African Kingdom. The new factory will produce and sell lithium-ion battery materials. It will also help the Chinese firm to better serve the European market, […]
Leaders of both warring parties in Sudan have independently announced temporary ceasefires to coincide with the Muslim holiday Eid al-Adha amid escalating fighting in the Sudanese capital. As fighting continued raging across the Sudanese capital, Khartoum, on the eve of the Eid al-Adha Muslim holiday celebrated Wednesday, the two warring generals — Sudan’s army chief […]
Morocco was unanimously re-elected to the Executive Council of UNESCO’s Intergovernmental Oceanographic Commission (IOC) for the period 2023-2025, during the 32nd session’s elections of the IOC Assembly at UNESCO headquarters in Paris. This re-election reflects once again the international community’s acknowledgment of Morocco’s active role and commitment to global affairs under the enlightened leadership of […]
International law is based on a number of principles, in particular the principle of non-interference in states’ internal affairs and neighborliness, said Morocco’s permanent representative to the African Union and UNECA, Mohamed Arrouchi. Speaking at the meeting of the AU Committee of Permanent Representatives (COREP) to review the activity report of the African Union Commission […]
President Julius Maada Bio was re-elected in the first round for a second term at the head of Sierra Leone with 56.17% of the vote, the head of the Electoral Commission said. “By virtue of the powers vested in me, I hereby certify that Julius Maada Bio is elected President in the election of June […]