First Independent Mena Newspaper
As part of its defense industry strategy, Morocco is on track to produce reconnaissance and combat drones in partnership with Israel, according to a parliamentary report. The two countries had signed a defense pact following the restoration of their diplomatic ties. Moroccan and Israeli top generals met on multiple occasions and Rabat had received a […]
Kenya Airways (KQ) and South African Airways (SA) are collaborating to form a pan-African airline, Zawya reports citing Kenyan Wall Street Exchange. Leaders of both countries namely William Ruto of Kenya and South Africa’s Cyril Ramaphosa are discussing the feasibility of the project. “We have agreed that that agreement should be progressed forward as it […]
This year’s African Investment Forum (AIF), the continent’s premier investment platform, attracted a record $63.8bn in investment pledges for infrastructure projects, but experts warn of historically low success rates in bringing projects into fruition. The vast networking event brings together African entrepreneurs, decision-makers, bankers. In 72 hours, the African Development Bank (AfDB) and its partners […]
Botswana, the world’s second-largest diamond producer, has won its bid to host the permanent secretariat of the Kimberley Process (KP), the grouping that certifies that diamonds are not used to fund rebel groups. The KP, a coalition of governments, the diamond industry and civil society representatives, said in a statement on Monday (7 November) it […]
King Mohammed VI welcomed the achievements of a development model launched in 2015 to upgrade infrastructure as well as social services in the southern provinces. In seven years, the 77-billion dirham development program ($8 billion) is 80% complete with landmark projects such as the Tiznit-Dakhla highway in its final stages, the King said in a […]
China is using new hybrid logistics links or multimodal rail-sea lines to bypass cargo chokepoints in an effort to speed up trade with Africa, where it is the largest trading partner. New rail-sea hybrid transport options stretching from western China as far as Europe, which are speeding up goods movement to Africa, imply the belt […]
Agricultural automation can boost global food production and be a boon for small-scale farmers in developing countries, a new United Nations report has found. “The State of Food and Agriculture 2022“ report, just released by the UN Food and Agriculture Organization (FAO), says automation is rapidly changing the face of agriculture. New technologies, the authors […]
The economies of East Africa face rather bleak prospects for growth this year because of the increasing risk of debt distress, widening fiscal and current deficits and limited economic diversification plans, according to the latest forecast by the African Development Bank (AfDB). The AfDB forecasts the region’s GDP at 4% this year, before recovering to […]
As the Southern African Railway Association (SARA) announced it is pushing ahead with the drafting of a regional railway master plan, Namibia State-owned freight utility TransNamib is engaging with the Development Bank of Southern Africa on the viability of the plan. During the SARA Rail Conference hosted last week, CEO and SARA Vice President Johny […]
Africa Continental Free Trade Area (AfCFTA) can only be successful if there is seamless movement of people, goods and services and a reinforced nexus with the continent’s industrialization so as to effectively realize Africa’s critical development aspirations. AfCFTA can only be successful if there is seamless movement of people, goods and services, according to Dr. […]