First Independent Mena Newspaper
Egypt’s digital exports climbed to $7.4 billion in 2025, marking a 124 per cent increase from $3.3 billion in 2018, Communications and Information Technology Minister Amr Talaat announced on Monday, 22 December 2025. The minister said the surge has underpinned sustained annual growth of 14–16 per cent in the ICT sector, with outsourcing exports doubling […]
Two senior officials from the European Bank for Reconstruction & Development started this Thursday a two-day working visit to Morocco for talks with government officials and business representatives. Discussions will focus on EBRD’s support for the private sector, key infrastructure investments and the transition to a green economy, said the bank in a press release. […]
Morocco’s industrial equipment imports have experienced remarkable growth over the past ten years, reflecting the country’s accelerating transformation into a high-tech manufacturing hub. Imports of finished industrial equipment products jumped from 77.03 billion dirhams in 2014 to 178.88 billion dirhams in 2024, representing a 132% increase. The upward trajectory continued through 2024, with industrial equipment […]
Morocco’s Ministry of Health and Social Protection has launched a recruitment campaign to hire 800 nurses and health technicians, targeting priority specialties based on healthcare facility needs and available market profiles. The initiative forms part of efforts to strengthen human resources within the health sector and support structural reforms currently underway in the national healthcare […]
Despite mounting global economic uncertainties, East Africa remains on a steady growth path, driven by investments in infrastructure, energy, agriculture, and digital innovation. According to a recent Deloitte’s 2025 East Africa Economic Outlook, the region is set to be the fastest-growing on the continent, even as high inflation, rising debt, and currency volatility pose significant […]
Africa is rapidly emerging as China’s most dynamic export market, fueled by a combination of shifting global trade dynamics, aggressive Chinese investment, and growing demand for infrastructure. As Bloomberg calculations based on China Customs data have revealed, in the first seven months of 2025 alone, Chinese exports to Africa soared 25% year-on-year to $122 billion […]
The military-led governments of Mali, Niger, and Burkina Faso have unveiled plans to fund a new regional investment bank with a portion of their national tax revenues, signaling a deepening break from traditional financial partners and regional bodies. Each country will contribute approximately 5% of its annual tax revenues to the bank, which aims to […]
Morocco has successfully established itself as a leading economic hub for Africa through strategic investments and active economic diplomacy, according to African Union Commission President Mahmoud Ali Youssouf. Speaking at a ceremony in Addis Ababa celebrating the 26th anniversary of King Mohammed VI’s accession to the throne, Youssouf highlighted Morocco’s transformative role in continental development. […]
His Majesty King Mohammed VI, may God Assist Him, delivered, on Tuesday, a Speech to His faithful people on the occasion of the 26th anniversary of the Sovereign’s accession to the Throne of His glorious Ancestors. Here follows the full text of the Royal Speech: “Dear Citizens, Throne Day celebrations provide an annual opportunity to […]
Kenya and Uganda have secured a major legal victory after the London Court of International Arbitration (LCIA) dismissed a $2 billion claim filed by Rift Valley Railways (RVR) consortium over a terminated railway concession. The dispute stemmed from a 25-year agreement signed in 2006, granting RVR the right to manage and operate the 2,350-kilometer Kenya-Uganda […]