First Independent Mena Newspaper
Kanga Potash, a world class, low-cost potash project developer, is seeking to raise about $500m for the first phase of its potash development project north of Pointe Noire in the Republic of Congo. According to the company’s executive chairman Stéphane Rigny, about 60% of the amount will be debt and 40% equity, including some mezzanine […]
French President Emanuel Macron and Russian Foreign Minister Sergey Lavrov are each visiting several African countries this week in what is widely seen as a tug-of-war over zones of influence on the continent. Speaking during a visit to Ethiopia, Lavrov on Wednesday (27 July) criticized the reliance of the global economy on the US dollar, […]
New Delhi’s ambassador in Cairo Ajit Gupte announced plans by the Asian country to invest $700 million in the coming few years, Arab News reports. Gupte made the announcement during a meeting with Egyptian and Indian businessmen. Indian investments in Egypt currently stand at $3.15 billion, the diplomat also noted. The announcement came as a […]
Rached Ghannouchi, speaker of the dissolved Tunisian parliament and leader of the legislature largest party Ennahdha said Wednesday he feared President Kais Saied will conduct change to the electoral code in the wake of the referendum, in a bid to prevent his party from taking part in future elections. The North African conducted a referendum […]
Italy’s top diplomat Luigi Di Maio has reiterated the need to appoint a new UN Special Envoy for Libya, which he deemed to be a “decisive step”, Libya Update reports. Di Maio sounded the alarm in a testimony before the chamber of deputies arguing that “the appointment of a strong UN envoy allows for firm […]
Israel has reaffirmed its position in support of Morocco’s territorial integrity and sovereignty over the Sahara region, said Israeli Deputy Prime Minister Gideon Saar, who is in Morocco to broaden the scope of bilateral cooperation. Following talks with Moroccan Foreign Minister Nasser Bourita, Saar told the press that his visit to Rabat was an occasion […]
Tunisia held a vote on the constitution proposed by Kais Saied which won the majority of votes, though low turnout leaves the opposition questioning the legitimacy of the process. President Saied organized the referendum on the constitution which further empowers him, a year after he suspended the parliament launching a process of power grab that […]
Construction work of the first solar photovoltaic power plant in the Tangier-Tetouan-Al Hoceima region, with an installed capacity of 34 megawatts (MWp), was launched Tuesday in the commune of Hjar Nahal, in the Tangier-Assilah prefecture. The GPM1 solar power, developed by the Green Power Morocco Company for an overall investment of about 370 million dirhams […]
The UN Secretary-General, Antonio Guterres, presented his most sincere condolences to Morocco, following the death on Tuesday of a Moroccan soldier belonging to the contingent of the Royal Armed Forces (FAR), deployed in the Republic Democratic Party of Congo part of MONUSCO. A statement by UN spokesman Farhan Haq said the UN Secretary-General “expresses his […]
Costa Rica’s president Rodrigo Chaves has affirmed that his country supports a peaceful solution to the Moroccan Sahara issue within the framework of the Kingdom’s territorial integrity. The Costa Rican president said in an interview with MAP that “his country calls for a peaceful and diplomatic solution so that there is territorial integrity for all […]