First Independent Mena Newspaper
Angola’s Supreme Court ordered Tuesday the preventive seizure of assets of Isabel dos Santos, daughter of former president Eduardo dos Santos, Africa News reports. The court order targets 100 percent of the shares of the company Embalvidro, of which the defendant is the beneficial owner as well as the balances of all bank accounts owned […]
Algeria has arrested independent journalist Ihsane El Kadi and shut down his Radio M, in a move that was decried by international media and free speech watchdogs. Reporters Without Borders, the international media freedom group, condemned El-Kadi’s arrest and called on the authorities to “respect the work of the media in the country”. El Kadi […]
Germany’s Development Bank (KfW) will provide Morocco’s National Office of Electricity and Drinking Water (ONEE) additional €52.6 million including €3.1 million grant for drinking water projects to be carried out in the North African Kingdom. The new funding and grant agreements were signed Tuesday by ONEE Chief Abderrahim El Hafidi and KfW Director Water & […]
Inflation will continue to soar in Tunisia reaching 10.5 pc in 2023 against 8.3 pc expected in 2022 deepening further the economic and political crisis rocking this country. The announcement of the inflation projection was made by Tunisian economy minister Samir Saeed at a press conference. “2023 will be a difficult year”, said the minister, […]
Zimbabwe has banned the export of raw lithium from its mines so it can cash in on value addition and stop losing billions of dollars in mineral proceeds to foreign companies. The new regulation is designed to “ensure that the vision of the president to see the country becoming an upper-middle income economy has been […]
Shell will pay 15 million euros in compensation to Nigerian farmers for oil spills that severely polluted three villages in the Niger Delta, the oil giant has said in a statement. A court in The Netherlands ruled in 2021 that Shell’s Nigerian subsidiary was liable for damages resulting from the spills and ordered the oil […]
Gambia’s security services have arrested two military officers who are suspected of being involved in a coup attempt against President Adama Barrow last week, Gambia’s government spokesperson said. The government said on 21 December that a group of soldiers had been arrested in connection with the alleged plot to overthrow President Barrow’s government in the […]
Visiting Azerbaijani Deputy Foreign Minister, Fariz Rzayev, emphasized, Tuesday in Rabat, the excellent level of cooperation between Morocco and his country despite the geographical distance, highlighting ways to strengthen bilateral relations. At a conference at the headquarters of the presidency of the Mohammed V (UM5) University, held under the theme “Azerbaijan post-conflict-vision”, the Azerbaijani official […]
The outstanding performance of the Moroccan footal team in Qatar 2022 world cup is still reverbating across the globe. In this connection, Radio France Internationale (RFI) aired Monday a reporting on Morocco’s Mohammed VI Football Academy that it labeled a factory for champions. With its 18 hectares of ultra-modern infrastructure, five soccer fields, a medical […]
A mission led by a multidisciplinary team from the International Monetary Fund (IMF) highlighted Bank Al-Maghrib’s (BAM) transparency practices. This mission focused on examining the bank’s transparency practices in five areas, relating to “Governance”, “Policies”, “Operations”, “Results” of these policies, as well as the “Institutional Relations” it maintains with national and international bodies, the central […]