First Independent Mena Newspaper
The Atlantic Initiative, launched by King Mohammed VI to facilitate access for Sahel States to the Atlantic Ocean, stands as a distinctive framework aimed at fostering multidimensional African cooperation, ultimately paving the way for the emergence of a new, prosperous, and stable Africa, experts and intellectuals said during a conference held on Tuesday in Rabat. […]
Russian President Vladimir Putin and the chief of Niger’s military junta, Abdourahmane Tiani, had an important phone call on Tuesday (26 March), the Kremlin has revealed, adding that both men discussed “security cooperation” and security concerns in the Sahel region. The Russian leader and the chairman of Niger’s National Council also reportedly spoke about “strengthening […]
The US Radisson hotel group plans to increase the hotels it operates in Morocco to 25 by 2030 to tap into a growing tourist market. The group plans to reinforce its presence in Casablanca and Marrakech as well as to open new hotels in Rabat, Tangier, Agadir, and Fez, said Africa director at Radisson Erwan […]
Morocco’s Bank of Africa said its 2023 profit increased 16% to 260 million dollars last year, with a net banking income of 1.7 billion dollars, up 9%. African branches contributed by 56% in this performance while Moroccan business accounted for 42% of total earnings, the bank said. Bank of Africa, previously known as […]
Tanzania’s central bank will begin selling US dollars to commercial banks to boost liquidity amid high demand for foreign currencies. “The initiative aims to ensure adequate foreign currency liquidity in the market. In addition, it intends to ensure customers’ demands for foreign currency are met through licensed financial institutions at the prevailing market prices,” the […]
Malawi declared drought disaster amid a severe rainfall shortage that compromised the landlocked country’s agriculture-dependent economy. Malawi is the second country in the region after Zambia to declare drought emergency as climate change bites, triggering dry spells such as El Nino, blamed for ravaging crops. This year, rainfall has been erratic and insufficient as drought […]
China is reportedly seeking a new military base in Africa, building on growing anti-western sentiment as it seeks to strengthen its foothold in a continent that is increasingly coveted, the London-based Chatham House Think tank wrote. “For over three decades, every Chinese foreign minister’s first overseas trip of the year has been to Africa. This […]
The European Union has pledged to support the African Union (AU) in its ambitious goal of producing 60% of vaccines on the continent for African citizens by 2040 — one of the key outcomes of a recent high-level conference marking the expansion of the strategic EU-AU health partnership. The recent high-level event held in Brussels […]
The disruption of oil exports from South Sudan after one of its key oil pipelines to international markets was damaged in February could further escalate already acute level of violence and in security in the country, experts have warned. South Sudan depends on its northern neighbor Sudan to export its oil, but Khartoum has recently […]
Morocco’s Permanent Mission to the United Nations in New York stressed on its X account that Morocco welcomes the UN Security Council’s adoption on Monday of resolution 2728, which calls for an immediate ceasefire in the Gaza Strip during the month of Ramadan. “This resolution is a crucial step towards putting an end to the […]