First Independent Mena Newspaper
Morocco’s microfinance sector faces significant transformation as proposed regulations dramatically increase lending limits and introduce new deposit frameworks, positioning microfinance institutions as crucial intermediaries for small business financing. The draft decree, implementing Law 50-20 on microfinance, establishes differentiated credit ceilings based on institutional structure and client profiles. For associative microfinance institutions serving low-income populations, limits […]
The French Embassy hosted a vibrant celebration on the occasion of France’s National Day, marking not just a historic date but a renewed chapter in French-Moroccan relations. Held at the French Residence, the event welcomed some 2,500 guests, including high-ranking Moroccan officials, diplomats, business leaders, and members of the French community in Morocco. The evening […]
Morocco has solidified its position as a key trade partner for Spain, emerging as the third-largest supplier of agricultural and fisheries products to the Iberian nation after France and the Netherlands, according to official data released by Spain’s Ministry of Agriculture, Fisheries, and Food. The figures, published in the 2024 Foreign Trade Report, reveal that […]
Morocco’s OCP Group has commissioned the country’s longest water pipeline, a 203-kilometer engineering marvel transporting desalinated water from the Atlantic coast to inland phosphate mining operations, achieving complete water autonomy two years ahead of schedule. The Jorf Lasfar-Khouribga pipeline, operated by OCP Green Water, represents a MAD 5 billion ($556 million) investment addressing Morocco’s persistent […]
King Mohammed VI has reaffirmed Morocco’s willingness to advance the implementation of the reinforced exceptional partnership with France and to reshape the two countries’ cooperation in order to better meet the requirements of of the present. This came in a message of congratulations the Monarch addressed to President Emmanuel Macron on France’s National Day In […]
Morocco has positioned itself as the driving force behind Africa’s energy transformation, combining strategic investments, institutional innovation, and regional partnerships to address the continent’s energy paradox, according to a new analysis by global energy expert Mehmet Öğütçü. Despite Africa possessing over 60 percent of global solar potential and vast critical mineral reserves, more than 590 […]
Morocco will import up to 20% of its annual soft wheat needs from the United States for the first time, according to Moulay Abdelkader Alaoui, president of the National Federation of Milling (FNM). This strategic shift comes amid a global drop in wheat prices, driven by expectations of record harvests worldwide, Alaoui told Medias24. The […]
Morocco has formally established Fondation 2030, a national body responsible for coordinating the country’s preparations for the FIFA World Cup 2030, which it will co-host with Spain and Portugal. The foundation was created by a Decree, published in the Official Gazette on July 8, 2025. It is recognized as a public utility foundation and will […]
Two African nations have emerged as unexpected beneficiaries of global fertilizer market disruptions, with Morocco and Egypt capitalizing on geopolitical tensions to establish themselves as alternative suppliers to Europe amid a 15 percent price surge in 2025. World Bank data released this week reveal dramatic price increases across fertilizer categories, with triple superphosphate jumping 43 […]
Morocco’s tourism sector has achieved remarkable growth, welcoming 8.9 million international visitors in the first half of 2025, a 19 percent surge that adds 1.4 million additional tourists compared to the same period last year. The Ministry of Tourism, Handicrafts, and Social and Solidarity Economy announced these record-breaking figures, highlighting the kingdom’s strengthening position as […]