First Independent Mena Newspaper
Egypt has increased the minimum wage in the public sector from 2,000 Egyptian pound ($101.3) to 3,000 in a move to help workers surf the increase in the cost of living, reports say. Prime Minister Mostafa Madbouly who announced the decision said the government will pay an exceptional bonus of EGP 300 for employees in […]
There are six megatrends in Africa that, if navigated successfully, could help in advancing the continent’s social and economic progress, a research funded by the USAID Mission to the African Union and conducted by Boston Consulting Group (BCG) has found. The world has seen many emerging economies parlay their young populations and entrepreneurial spirit into […]
At least 50 companies are expected to list on the Ethiopian Stock Exchange (ESX), set to launch in two years, which will provide a platform for the privatization of the country’s state-owned enterprises. Three months ago, Ethiopia announced it was in the process of establishing a stock market signaling a window of opportunity for cross-listing. […]
One protester was reportedly killed during demonstrations that were held in cities across Sudan Tuesday (25 October) to mark one year of military rule after security forces used tear gas on the crowds. 25 October 2022 was the first anniversary of the military’s arrest of the civilian administration that shared power after the 2019 overthrow […]
Burkina Faso’s interim President Ibrahim Traore has assured US diplomats that he has no intention of inviting mercenaries from Russia’s Wagner group to fight militants in the country, US under secretary for political affairs Victoria Nuland said on Wednesday (26 October). Western powers have expressed a concern that Burkina Faso might follow the lead of […]
Morocco’s phosphates and fertilizers producer OCP was given go-ahead to set up two subsidiaries to produce water from non-conventional sources as well as renewable energy in the region of Safi. The official gazette published the governmental decree allowing the OCP to operate in these fields as Morocco faces the worst drought in four decades. The […]
The Turkish parliament Wednesday renewed for another year the mandate of Turkish troops operating for peace keeping in Mali and Central African Republic (CAR) under the UN umbrella, Anadolu news agency reports. The Turkish presidency had submitted the extension decision in a motion in the legislature. In September 2014, a 12,000-troop strong U.N. peacekeeping force […]
Côte d’Ivoire’s national carrier, Air Côte d’Ivoire has placed order for two Airbus A330neo as the airline embarks on long haul flights, outside the continent. “The delivery of these two aircraft is scheduled for the 4th quarter of 2024 for the first and the 2nd quarter of 2025 for the second and will allow the […]
Africa’s leading tourism operators, counting 450 delegates from 43 countries, are attending a three-day Africa Tourism Leadership Forum in Gaborone, Botswana, to discuss how to revive the industry ravaged by the Covid-19 pandemic. With intra-African travel at the top of the agenda, Botswana’s President Mokgweetsi Masisi told attendees they need to focus on ways to […]
The conflict-torn Burkina Faso has launched a drive to recruit 50,000 civilian defense volunteers to help the country’s army fight jihadists, the authorities announced. “The mission of these communal VDPs is to protect, alongside the defense and security forces, the people and property of their communes of origin”, in the face of jihadist attacks, according […]