First Independent Mena Newspaper
The Financial Regulatory Authority (FRA) reported a notable increase in non-banking financing across various sectors in July 2024. According to the latest figures, the number of consumers benefiting from consumer finance rose to 2.127 million in July 2024, up from 1.986 million in July 2023. The total volume of outstanding loans for micro, small, and […]
In the serene Middle Atlas Mountains near Azrou, Morocco, a quiet revolution in interfaith understanding is taking place. The historic Toumliline Monastery, once a thriving centre of dialogue and cultural exchange, is experiencing a remarkable rebirth. This restoration project not only preserves a significant piece of Morocco’s diverse heritage but also revives its spirit of […]
Ghana and the IMF reached a staff level agreement for a loan worth $3 billion, an inroad in the West African country’s efforts to improve its public finances. Ghana is on a debt-restructuring program after it defaulted on most of its $30 billion international debt in 2022. “Performance under the IMF-supported program has been generally […]
An increasing number of countries in Europe have joined their voice to the European Union to express their strong attachment to their strategic partnership with Morocco, following the ruling issued Friday by the European Court of Justice on the fishing and farming agreements concluded between the North African Kingdom and the European bloc. After the […]
Portugal stressed on Saturday the “essential” nature of the partnership between the European Union (EU) and Morocco, while reaffirming its willingness to work with European partners and institutions “to deepen it in all areas.” “Portugal considers the partnership between the European Union and Morocco to be essential, and will work with European partners and institutions […]
The European Court of Justice has delivered a ruling stating that the EU trade deals with Morocco are invalid because they covered goods from the Sahara territory, in a verdict that emboldens separatism and undermines ties between the EU and its most stable partner in the southern Mediterranean. The ruling was more of a political […]
The 2024 report submitted lately to the UN Security Council by UN Chief Antonio Guterres highlights the growing international support for Morocco’s autonomy plan under the Kingdom’s sovereignty, affirms that Algeria is a party to the Sahara conflict, and denounces Polisario obstruction of MINURSO mission. In his new report to the Security Council, expected to […]
The European Union has expressed strong attachment to the strategic partnership built with Morocco, following the ruling issued Friday by the European Court of Justice on the fishing and agricultural agreements concluded between the North African Kingdom and the European bloc. “The EU reiterates the high value it attaches to its strategic Partnership with Morocco, […]
Head of government Aziz Akhannouch stressed Morocco’s commitment to the values of l’Organisation Internationale de la Francophonie (OIF), such as cultural diversity and multilingualism, which the Kingdom is working to promote through education and youth employability programs. “Morocco, a member of the Organisation Internationale de la Francophonie since 1981, shares the values represented by this […]
Ghana’s Central Bank launched a new gold coin to boost domestic savings, manage liquidity, and strengthen the Cedi currency. The coin, made from gold mined in Africa’s biggest producer of the metal, has been refined to 99.99% purity, Governor of the Bank of Ghana Ernest Addison told reporters. The coin comes in three sizes of […]