First Independent Mena Newspaper
US has exported more gas to Spain than Algeria so far this year as new players seek a foothold in the Spanish gas market. Spanish authorities have often complained at the insufficient gas flow through the Medgaz pipeline which couldn’t match the amount the Spanish market was receiving through the Maghreb-Europe pipeline that used to […]
Dolidol, a Moroccan manufacturer and distributor of bedding products, has secured a €20 million financial support of the International Finance Corporation and Proparco to enhance its production and sales in Nigeria. The financing package includes a loan of €13.5 million from IFC and €6.5 million provided by Proparco, the French Development Institution. The financing will […]
Tunisia recently arrested a number of alleged militants of the Nigeria-based terror group Boko Haram, the leader of security union in the coastal city of Ariana, has told the media. “In recent weeks, sub-Saharans affiliated with the terrorist organization Boko Haram have been arrested by Tunisian security forces,” Ezzedine Fathali told local radio station Jawharafm […]
After concrete phosphates and gas cooperation projects, Morocco is helping Nigeria develop electricity production from renewable energy with a solar power project spanning over 200,000 hectares of land in the state of Jigawa. “The power solar energy is an initiative of Moroccan government, in collaboration with the Federal Government and Jigawa State government specifically to […]
Morocco, Tunisia, Algeria and Egypt have advanced to the third and last round of qualifying for the 2022 World Cup to be held in Qatar. The four football names in the region topped their respective groups – underlining their dominion on football on the continent. Morocco earlier booked its place before the November fixtures. Algeria […]
Nigeria, which has partnered with a foreign fintech company, will be a pioneer in Africa, as will its West African neighbor, Ghana, which has been testing its e-Cedi as a new medium of exchange since September. Central banks around the world are exploring ways to create digital versions of their currencies in response to the […]
Morocco and Nigeria reaffirmed, Tuesday, their commitment to build a strategic partnership in various sectors, for the benefit of both nations. During a videoconference meeting, the two countries’ Foreign Ministers Nasser Bourita and Geoffrey Onyeama expressed their willingness to develop bilateral cooperation and raise exchanges to a higher level. They stressed, in this connection, the […]
The end of the era of expensive oil has put strains on the budgets of Nigeria and Algeria pushing the first to seek foreign borrowing while the latter adamantly sticks to zero borrowing policy at the expense of starving its population. Nigeria, which has a more diversified economy compared to Algeria, is knocking on the […]
The fight for the climate is at the heart of a two-day international virtual summit organized by U.S. President Joe Biden, on the occasion of Earth Day. On the African continent, signs of climate change are multiplying. Joe Biden’s initial announcements indicate a willingness to reduce carbon emissions. To set an example, Biden announced that […]
The Morocco Africa Cultures and Developments Organization (OMA) and a Nigerian business delegation signed, Monday in Rabat, a partnership agreement providing for the setting up of a Nigeria-Morocco Business Council. By bringing together business operators from the two countries, the council will help support the various memoranda of understanding signed by the heads of […]