First Independent Mena Newspaper
Since every cloud has a silver lining, the coronavirus pandemic at least has had a positive environmental impact since restrictive public health measures to stave off a worsening pandemic were put in place. The stay-at-home orders, the closing of schools, offices non-essential trades and some factories, the increase of tele-working, the induced limited road traffic […]
Morocco’s Tanger Med port has recorded the world’s biggest increase in the connectivity index since it started operations in 2007, according to the United Nations Conference on Trade and Development (UNCTAD). In a recently released study, UNCTAD says that the extension of Tanger Med port, which required an investment of €3.5 billion, has tripled the […]
The number of countries that depend on commodities has reached its highest level in 20 years, says a new UNCTAD report, noting that commodity dependence affects developing countries almost exclusively. According to the State of Commodity Dependence Report 2019 released last week, dependence on commodities affects 85% of least developed countries, 81% of landlocked developing […]
UNCTAD and Mauritius have signed a memorandum of understanding to open a new center of excellence for the fisheries sector in developing countries. The center will serve as a practical site for putting policy recommendations for least developed countries (LDCs) into action and will bring together experts, researchers and policymakers from the LDCs and other […]
Morocco should prepare to strike a trade deal with Britain in a case of a no deal Brexit to avert losses estimated by the UN at $97 million. Morocco, Ghana and Tunisia are among African nations that would lose the most if the UK doesn’t negotiate a deal by the time it has to exit […]
Foreign investment in Algeria plummeted to $1.2 billion in 2017, a drop of 26 per cent compared to 2016, according to the UN Conference on Trade and Development (UNCTAD). The figures show Algeria’s perceived unfriendliness among foreign investors who are expecting genuine reforms that inspire confidence instead of superficial measures. In the Doing Business Index, […]
Foreign Direct Investment flows in Morocco increased by 23 per cent in 2017 to reach $2.7 billion, while FDI to the rest of North Africa dropped by 4 per cent, according to UNCTAD’s World Investment Report 2018 (WIR). The FDI injected in the North African Kingdom went up thanks to considerable investment into new car […]
The United Nations Conference on Trade and Development (UNCTAD) commended Morocco for the migration policy it adopted under the leadership of King Mohammed VI. “The experience of Morocco features prominently…and provides insights for many countries to learn from,” said the UNCTAD in a flagship report on development in Africa, underscoring the benefits of migration in […]
Morocco was listed among the least indebted countries in Africa in a report issued on July 21 by the United Nations Conference on trade and Development (UNCTAD.) The document, dubbed Economic Development in Africa Report 2016, highlights the sustainability of Morocco’s external debt and the viability of its investments in comparison to other countries in […]
The People’s Assembly, Algeria’s lower house of parliament, adopted the 37 amendments of the bill on the promotion of investment and limited the controversial and strongly criticized 49:51 investment rule to “strategic sectors” only. The amendments were proposed by the committee of economic, development, industry, trade and planning affairs of the Assembly. The minister of […]