First Independent Mena Newspaper
The European Union has earmarked €80 million to improve the resilience of several African countries to extreme weather hazards, including floods and droughts. Angola, Botswana, Ghana, Tanzania, Zambia are among the recipients of the EU financial support. The program is being implemented in Africa by four partners namely the African Union Commission (AUC), […]
Casablanca Finance City (CFC) and Barcelona Center Financer Europeu (BCFE) have sealed a cooperation agreement to enhance and tap investment opportunities between Spain, Morocco and Africa The deal lays the foundation for a sustainable cooperation that aims to promote investment opportunities between Spain, Morocco, Africa’s gateway. The Moroccan and Spanish financial centers pledge to set […]
The First Kofi Annan Peace and Security Forum was held in Accra, Ghana, this week with the participation of scores of high level delegates, including seven former African Heads of State, and Mohamed Ibn Chambas, Special Representative of the UN Secretary-General and Head of the UN Office for West Africa and Sahel (UNOWAS). The forum, […]
Spanish global group Himoinsa, which designs, manufactures and distributes power generation equipment, has opened a sales office in Casablanca. Himoinsa, which has been operating in the Moroccan market for 18 years, also makes a wide variety of generator sets and lighting towers. Speaking during inaugural event, Lydia Gracia, Executive Director of Himoinsa, said the opening […]
Morocco’s phosphates and fertilizer producer, OCP, signed a memorandum of understanding with the African Union Commission and the African Union’s Development Agency, AUDA-NEPAD, to develop Agriculture in the continent. The agreement was signed on the sidelines of the ongoing African Green Revolution Forum (AGRF) in Accra, Ghana, Sept. 3 – 6. The deal reflects […]
ENGIE expands its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar solutions, the company announced this Tuesday in a press release. Mobisol has operations in Tanzania, Rwanda, and Kenya and has installed more than 150,000 solar home systems, providing clean and reliable energy to over 750,000 people in […]
Japanese Prime Minister Shinzo Abe on Wednesday said his country will offer enhanced trade insurance to boost private sector investment in Africa. Abe made the statement at the opening ceremony of the Tokyo International Conference on African Development opened in Yokohama on Wednesday. The meeting attended by a few dozen African leaders and representatives of […]
Over twenty African leaders are participating in the seventh edition of the Tokyo International Conference for African Development (TICAD) summit that opened proceedings Wednesday in Yokohama, Japan. The summit, held under the topic “Advancing Africa’s Development through People, Technology and Innovation” is attended by more than 4,500 delegates. Morocco is represented at the event by […]
The G7 leaders have approved about $251 million in support of the African Development Bank’s AFAWA initiative to back women entrepreneurs in Africa. French President Emmanuel Macron, as the current G7 president, made the announcement to reporters on Monday. He said the AFAWA initiative, comes from an African organization, the African Development Bank, which […]
The US “Prosper Africa” program, designed by the Trump Administration, to replace the African Growth and Opportunity Act (AGOA), would be operational by 2025. Prosper Africa aligns with the Trump administration’s Africa strategy, introduced by National Security Adviser John Bolton last December. It aims to promote prosperity, security, and stability in US-Africa relations, and […]