Kenyan Finance Minister Henry Rotich

Washington supports investment in Moroccan Sahara with $5 Bln funding

The United States, which recognizes Morocco’s full sovereignty over its entire Saharan territory, is expected to release $5 billion funding for the development of the Moroccan Sahara, set to become a major regional economic hub, says Africa Intelligence news website. After years of being frozen under Joe Biden’s Democratic administration, the Trump administration will release […]

EU’s €100m to ease Tunisia’s financial constraints

Tunisia will soon be receiving the first tranche of the €300 million Macro Financial Assistance (MFA) program that the European Union allocated to the country in May 2014 to help it overcome its financial crisis. The amount is a loan that supports the Stand-by Agreement that was approved by the International Monetary Fund (IMF) in […]

Namibia, first African country to export red meat to US market

Namibia has become the first African country to export red meat to the United States, following nearly two decades of negotiations. “We’re able to finally export meat to the lucrative and big US market,” Namibia’s minister of international relations, Netumbo Nandi-Ndaitwah, said. The state-owned meat firm Meatco sent a shipment of 25 tons of beef […]