First Independent Mena Newspaper
Morocco has secured its position as the second most attractive destination for foreign direct investment (FDI) in renewable energy across the Middle East and North Africa, according to two recent international reports. The Kingdom attracted over $38.1 billion in green energy investments between 2003 and 2024, confirming its growing role in the global energy transition, […]
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 […]
Morocco is planning to invest an additional 10 billion dollars (96 billion dirhams) to expand and develop its railway network, transport minister Abdesamad Kayouh said. At least, 5.3 billion dollars will be spent on the high-speed rail link between Kenitra and Marrakech as well as on the development of regional trains, the minister told MPs. […]
Morocco and Japan are poised to foster their investment ties under an agreement signed this Wednesday in Tokyo. The deal sets the stage for deeper economic relations between the two countries, opens fresh opportunities for collaboration, and facilitates the exchange of expertise and best practices. The agreement was signed by Moroccan Minister in charge of […]
The Organization for Economic Co-operation and Development (OECD) highlighted the resilience of the Moroccan economy in the face of external and climate shocks and underscored the relevance of Morocco’s reforms to attract more private investments and enhance social protection. This came in the OECD’s first survey on Morocco, presented in Rabat, including recommendations on improving […]
Spain is planning to invest 45 billion euros in Morocco by 2050 in various projects, said Spanish Prime minister Pedro Sanchez at a press conference held Wednesday in Rabat at the end of his working visit to the North African Kingdom. “Spain is a key partner for Morocco with €45 billion investment planned by 2050”, […]
The Federation of UAE Chambers of Commerce & Industry (FCCI) and Gabon’s investment promotion agency ANPI-Gabon have inked a Memorandum of Understanding (MoU) to lure investment from the Gulf country to support economic development of Gabon. The deal was signed by ANPI-Gabon CEO Ghislain Moandza Mboma and FCCI’s Secretary General Humaid Mohamed Bin Salem, who […]
The United Arab Emirates will pump more investments in Egypt across various development sectors, the Gulf country’s minister of Investment Mohammed Al-Suwaidy has told Egyptian Premier Mostafa Madbouly. Al-Suwaidy conveyed to Madbouly UAE’s eagerness to invest in various development sectors, highlighting that the directive to do so was issued by President Sheikh Mohamed bin Zayed […]
While China’s global competition has been a well-known fact, Beijing now signals an expansion of its ambitions in the Horn of Africa, as evidenced by Ethiopia’s recent acknowledgement that China has become the East African nation’s leading source of foreign direct investment, largest trading partner, and development financier. China plans to send more emergency food […]
A group of Hungarian investors are mulling plans to invest in Gabon’s economy, mostly in the agriculture and digital economy sectors, Gabon Review reports. Diplomat Georges Suha is heading the Hungarian delegation which met with Gabon’s Ministers of Trade, Yves Fernand Manfoumbi, and of Agriculture, Charles Mve Ellah. The meetings addressed issues of common interest […]