First Independent Mena Newspaper
The European Union (EU) has reaffirmed the “utmost importance” it attaches to its fisheries partnership with Morocco and the “essential interest” it has in its continuation, in a “spirit of trust, solidarity and mutual interest.” Relations with Morocco in the field of fisheries “are part of a global and mutually beneficial partnership, which makes Morocco […]
Egypt has joined a list of international players by hosting a regional summit of leaders from Sudan’s six neighboring countries in Cairo this Thursday, July 13, focused on preventing the outbreak of a civil war and addressing the deepening humanitarian crisis in the northeastern African country. The peace talks, hosted by Egyptian president Abdel Fattah […]
The African Development Bank, AfDB, rubber-stamped Tuesday a €400 million partial credit guarantee for Côte d’Ivoire, to support the mobilization on international financial markets for strategic environmental, social and governance (ESG) projects. “The partial credit guarantee will enable Côte d’Ivoire to raise long-term financing from commercial banks, in line with its ESG Framework. Côte d’Ivoire […]
Yara International ASA, a global leader in plant nutrition headquartered in Oslo, Norway, announced its withdrawal from Cameroon following a deal to sell its majority stake in Yara Cameroon to NJS Group, a minority shareholder and longstanding partner. Per the deal, NJS Group takes over the 65% stake held by Yara International France in the […]
The United States Agency for International Development, USAID, announced Wednesday the appointment of a former deputy coordinator of Private Sector Program at the State Department, British A. Robinson, as the new coordinator of Prosper Africa (the U.S. Government initiative to increase trade and investment between African nations and the United States). Robinson, according to the […]
Egypt is the continent’s new leader in the total equity funding raised by start-ups in Africa from June 2022 to June 2023, overtaking Nigeria, according to London-based African Private Equity and Venture Capital Association (AVCA). Per AVCA data, startups in the North African country raised $540 from June 2022 to July 2023. The amounts represent […]
The urgent debate held on Wednesday in Geneva on the sidelines of the 53rd session of the United Nations Human Rights Council (UNHRC) highlighted by the adoption of a resolution condemning acts of religious hatred, which constitute incitement to violence and discrimination. The resolution was adopted by 28 in favor, 12 against and seven abstentions, […]
Germany has taken over the rotating one-year presidency of the Sahel Alliance — a key development body from the region — with Berlin saying that jobs, agriculture, and security will be its top priorities during the tenure. Germany’s Development Minister Svenja Schulze traveled to Mauritania earlier this week to formally take over the presidency of […]
East Africa Commercial and Logistics Center is expected to open in Tanzania’s capital city, Dar es Salaam, in June 2024, providing trade and investment opportunities for the public. Speaking at the 47th International Trade Fair that was recently held in Tanzania, Executive Director at Taikang Asset Management, Cathy Wang, said that to facilitate and add […]
The African countries bordering the Atlantic Ocean have agreed in Morocco to enhance their partnership and integration for shared peace, stability, and shared prosperity. At the end of their 3rd ministerial meeting held Wednesday in Rabat, these countries adopted an action plan conducive to integration and co-development in African-Atlantic region. To achieve the sought goals, […]