First Independent Mena Newspaper
More European, Latin American, and African countries have joined the scores of states from these continents which expressed support to Morocco following the Moroccan army’s peaceful action carried out Nov.13 to secure the free movement of people and goods at the Guerguarat crossing, on the border between Morocco and Mauritania. In this connection, the Commonwealth […]
The Economic and Monetary Community of Central African Countries raised €3.8 billion at a two-day round table in Paris. The Funds are destined to finance the bloc’s Regional Economic Program meant to boost growth by 2025. The program comprises 84 projects, including 11 presented as priority integrating projects. The total cost of these projects has […]
Moroccan investment fund, Outlierz Ventures, has made eight investments in Africa since its launch in 2017. The operations mainly benefited four dynamic African markets in terms of fundraising, including Kenya, Nigeria, Egypt and Morocco. The company, dedicated to technology, invests between MAD 500,000 and 5 million in companies with high growth potential. It targets […]
The French Development Agency (AFD) has earmarked €300,000 to fund a pan-African training program for museum and heritage professions in Africa to be spearheaded by Morocco’s National Museum Foundation (FNM). The grant-related agreement was signed Monday in Rabat by French Foreign Minister Jean Yves le Drian, President of the FNM Mehdi Qotbi, and AFD Director […]
The Congolese capital Brazzaville hosted on Tuesday an international symposium celebrating the 80th anniversary of the Brazzaville Manifesto, the act by which General Charles de Gaulle designated this city as the capital of Free France during the Second World War. Four African heads of state who took part in the symposium seized this opportunity to […]
The United Nations Economic Commission for Africa is concerned about the alarming decline in remittances from African Diaspora. With the global economic crisis, these Diasporas are sending less money to their countries of origin. This year, the decline is expected to reach 21% or $18 billion less than in 2019. The anti-poverty organization ONE and […]
A United Nations report, issued this week, said that illicit financial flows out of Morocco amounted to about 16.6 billion dollars during the years 2013-2014. This came in a report by the United Nations Conference on Trade and Development (UNCTAD), which revealed that the African continent loses about 88.6 billion dollars annually due to […]
The 2020-2030 defense cooperation deal between Morocco and the US will benefit friendly African countries, said US Secretary of Defense Mark Esper. Speaking at the signing ceremony of the landmark agreement, Esper highlighted the longstanding partnership between the US and Morocco citing a convergence of views regarding a range of security threats. “Morocco is a […]
The United Nations Security Council and the African Union Peace and Security Council have reiterated the pre-eminence of the role of the Security Council on matters relating to peace, security and stability in Africa. Members of the two institutions, which held their 14th annual joint consultative meeting by videoconference Wednesday, stressed that when it comes […]
The Economic Community of Central African States (ECCAS) has just put in place its presidency following reforms that inter alia dissolved the general secretariat. The new institution will have more powers to accelerate regional integration. The new team was installed Tuesday, in Libreville, headquarters of the institution. For this new start, the eleven heads of […]