First Independent Mena Newspaper
Morocco recorded a robust 55% increase in foreign direct investment (FDI) in 2024, attracting $1.64 billion and reaffirming its growing appeal to international investors, according to the World Investment Report 2025 published by UNCTAD. The country’s diversified industrial strategy and leadership in renewable energy continue to position it as a rising economic hub in Africa. […]
Moroccan ambassador to the UN Office in Geneva, Omar Zniber, has been named Chair of the Committee of Participants of the Global System of Trade Preferences among Developing Countries (GSTP), in recognition of the key role played by the Kingdom in South-South cooperation and efforts engaged for a fair international trading system. The Committee of […]
Africa is losing an estimated $88 billion annually through illicit financial flows (IFFs), depriving nations of vital resources for healthcare, education, and infrastructure, according to the African Union (AU). The AU and experts warn that tax evasion, money laundering, and profit-shifting by multinational corporations, often aided by weak regulations and corrupt elites, are draining the […]
Morocco has emerged as a model of economic resilience in Africa according to the latest United Nations Conference on Trade and Development (UNCTAD) report, which identifies the Kingdom as one of the continent’s least vulnerable economies to external shocks. The comprehensive assessment, reported by Les Inspirations Eco, highlights Morocco’s strategic investments in modern infrastructure that […]
Addressing non-tariff measures and fostering regulatory convergence could unlock $7.1 billion in annual welfare gains, boost intra-Africa trade by 6%, and raise wages across the continent, says a recent report published by the United Nations Conference on Trade and Development (UNCTAD). While highlighting the transformative potential of the African Continental Free Trade Area (AfCFTA), the […]
Ethiopia attracted a staggering $3.3 billion in foreign direct investments (FDI) in 2023, surpassing its neighbors Kenya and Uganda, and hence has emerged as the leading destination for FDI in East Africa. The latest World Investment Report published by the United Nations Conference on Trade and Development (UNCTAD) has highlighted Ethiopia’s position as a beacon […]
Foreign investment flows to Africa dropped by 3% in 2023 to $53 billion, despite an increase in investments in green energy projects, the UN Conference on Trade and Development (UNCTAD) said. While Egypt and South Africa drove the overall investment trend in the continent, countries such as Morocco and Mauritania are expected to benefit from […]
The World Association of PPP Units & PPP Professionals (WAPPP) and the World Association of Investment Promotion Agencies (WAIPA) are keen to help Togo attract private investment to finance its development, both organizations said during a meeting with the country’s leader Faure Gnassigbe, on the sidelines of Abu Dhabi World Investment Forum. Ziad Hayek, President […]
The United Nations Conference on Trade and Development (UNCTAD) highlighted Morocco’s headway in the automotive sector and its growing exports that contrast with Algeria’s car industry debacle. Using 2019 figures, UNCTAD showed in a detailed report how Morocco produced 403,218 vehicles compared to 60,012 in Algeria, which in 2020 had to halt production altogether. “In […]
With its abundant resources and growing consumer market, Africa can become a prominent manufacturing destination for tech-intensive industries and a key link in global supply chains, according to the Economic Development in Africa Report 2023 that has just been launched (16 August) by the United Nations Conference on Trade and Development (UNCTAD). African economies can […]