First Independent Mena Newspaper
The government of Togo has announced a plan to promote solar energy systems in rural communities. The government of the tiny West African nation began offering subsidies to its citizens to cover the cost of off-grid solar power systems. According to officials, a fund will be allocated to cover part of the cost of these […]
Renovation works on the hydropower plant of Nangbeto at the border of Togo and Benin will cost about $25 million, officials in charge of the management of the plant disclosed. The Beninese-Togolese joint venture, Communauté Electrique du Bénin (CEB), has appointed Voith to carry out the extensive rehabilitation and modernization works of the hydropower plant. […]
The eight countries of the West African CFA franc zone plan to issue 2.723 trillion CFA francs ($4.82 billion) in debt in 2019, Reuters reported. Member countries using the West African CFA franc – a currency pegged to the euro – include Ivory Coast, Senegal, Guinea-Bissau, Mali, Burkina Faso, Niger, Togo and Benin. They share […]
The President of the Economic Commission for West African States (ECOWAS), Marcel Alain De Souza, met on Thursday in Abuja, Moha Ou Ali Tagma, who handed him his credentials as Morocco’s Extraordinary and Plenipotentiary Ambassador to the sub-regional organization. Morocco, which has an observer status in the ECOWAS and is bound by strong relations with […]
Moroccan Attijariwafa Bank Group has inked two partnership agreements with the Ministry of Defense of Côte d’Ivoire, showing the two countries strong determination to improve the working and living conditions for the members of the Ivorian army. The two deals were signed in Abidjan under the chairmanship of President Alassane Ouattara and King Mohammed VI […]
Morocco’s Attijariwafa bank Group has officially taken over British Barclay’s Egypt branch, reports say. Attijariwafa bank Group, Morocco’s leading bank group, won the transaction after beating several global bank groups, among which Emirati NBD headquartered in Dubai. The transaction estimated at $400 million will enable the Moroccan financial institution to expand its already wide network […]
Morocco’s leading banking group, Attijariwafa bank, has submitted a bid to take over British Barclay’s Egypt branch, a source close to the Moroccan institution told Reuters. The transaction has been estimated at $400 million. Barclay has decided to get rid of its Egypt’s branch as part of structural adjustment policy in a move to generate […]
More countries have joined the group of 28 member states of the African union, which addressed last Monday a motion to the AU chair expressing support to Morocco’s return to its African family and demanding the suspension of the self-proclaimed Sahrawi Republic from the pan-African organization. In this vein, Egypt’s Ambassador in Rabat, Ihab Jamaleddine […]
The days of the self-proclaimed SADR as a member of the African Union seem to be counted after 28 African countries called for suspending the membership of the Algerian-based republic from all the bodies and activities of the African Union. This came in a motion submitted by the 28 African nations to the President of […]
Maroc Telecom, the partly state-owned telecommunications operator in Morocco, which is the third mobile operator in Côte d’Ivoire under its local branch Moov, announced it is increasing its investments in the West African country. The announcement was made by the company’s CEO Abdeslam Ahizoune at a meeting with Ivorian President during a visit to Abidjan. […]