First Independent Mena Newspaper
A Hong Kong-flagged ship has run aground in Egypt’s Suez Canal causing traffic jam, reports say adding that authorities are at work to refloat the ship. “M/V XIN HAI TONG 23 has grounded in the Suez Canal at KM 159/0400 hrs”, Leth Agencies said in a tweet. The situation, the agency said, left behind 4 […]
Earlier this May, Fitch downgraded Egypt’s sovereign rating to “B” with a negative outlook. Three of the four banks, whose ratings it downgraded, are public banks exposed to the state. Rating agency Fitch downgraded on May 17 the credit ratings of four major Egyptian banks, namely The National Bank of Egypt (NBE), Banque Misr, Banque […]
The Organization of Islamic Cooperation (OIC) reiterated the importance of the role of the Al-Quds Committee, chaired by King Mohammed VI, in confronting the dangerous policies implemented by the Israeli occupation authorities in Al-Quds Asharif. This came in the final statement, issued at the end of the extraordinary meeting of the Organization’s Executive Committee, held […]
Brazil’s support for the autonomy plan offered by Morocco for the Sahara is in line with UN Security Council resolutions and international community position, said on Tuesday Brazilian MP Tiao Medeiros. He made the remarks during a meeting of the Brazil-Morocco Parliamentary Friendship Group convened in Brazilia. The group seeks to strengthen dialogue between the […]
Nigeria on Monday (22 May) commissioned the Dangote Refinery billed as Africa’s largest oil refinery, amid hopes of transforming the West African country into a net exporter of petroleum products, though doubts persist that securing crude supplies could delay achieving full production this year. The new refinery, owned by Africa’s riches man Aliko Dangote, was […]
The UN Refugee Agency (UNHCR) sounded the alarm over the increasing number of Sudanese refugees arriving in Chad, up from 76,000 to 90,000 within three days. Raouf Mazou, Assistant High Commissioner for Operations of the agency told the media during a press conference in capital Ndjamena that most refugees are women and children. “At this […]
Nigeria’s data breaches have surged by 64% in the first quarter of 2023, with one user account leaked every second, according to a recent report, emphasizing the magnitude of cybersecurity concerns in Africa. The study, conducted by cybersecurity firm Surfshark, has raised serious concerns about data breaches findings, shedding light on the growing cybersecurity challenges […]
Ukraine’s Volodymyr Zelenskyy held talks with “Global South” leaders during an Arab League and a Group of Seven (G7) summits last week while the country’s foreign minister is on a tour of Africa this week, all aimed at broadening support for Ukraine in its war against Russia. Zelenskyy held talks with India’s Narendra Modi and […]
Russia’s Deputy foreign minister Sergey Vershinin received Tuesday in Moscow Moroccan Ambassador to Russia Lotfi Bouchaara. They discussed a number of issues on the UN Security Council agenda, with a focus on the Sahara issue settlement, according to a press release issued by the Russian foreign minister. The meeting comes following the visit paid by […]
Victoire Dogbé, Togo’s Premier set the tone for the preparations for the 9th Panafrican Congress to take place next year in capital Lome, the fourth time the summit is being held on the African soil. For the head of the executive, the congress should be an opportunity to “respond to the need to ensure historical […]