First Independent Mena Newspaper
A new report published by the International Trade Centre (ITC) last Thursday urges countries in Africa and the Caribbean to tap into the more than $1 billion in export potential between both regions. ITC’s “Expanding African-Caribbean Trade“ report, released at the inaugural AfriCaribbean Trade and Investment Forum (AFCTIF) in Barbados, highlights partnerships such as between […]
The landmark multi-billion-dollar Arab-Africa Guarantee Fund (AAGF), which is due to start operations in 2023, could provide a boost to the Arab-Africa trade that has been static at 17% of the continent’s total trade for the last seven years. Despite centuries of exchanges, Arab-Africa trade has been static at 17% of the continent’s total trade […]
Nigeria continues to lag behind in making the AfCFTA trade agreement operational, as a number of other African countries have been chosen to begin exchanging goods and services under the AfCFTA terms. Almost two years after the implementation of the African Continental Free Trade Area Agreement (AfCFTA), which came into force on 1 January 2021, […]
E-mobility start-up Roam recently partnered with M-Kopa, a Nairobi-based clean energy financier, to provide thousands of e-motorcycles to riders in Kenya, after becoming the first startup in the country to convert petrol-powered motorbikes to electric last year, starting with a fleet of 100. “This is one of the biggest leaps for electric mobility in Africa,“ […]
Australia’s Sandfire Resources Ltd plans to spend additional $71.9 million to expand production at its under-construction Motheo copper mine in Botswana as it looks to establish a major mining hub in the Kalahari Copper Belt. Sandfire’s Motheo mine is the second copper mine to be developed in the region, which extends over nearly 1,000 kilometers from […]
Togo’s Minister for Investment, Rose Kayi Mivedor, unveiled Tuesday Yearbook Togo 2022-2023, an economic report presenting the country’s economic potential, as a tool to lure Foreign Direct Investment (FDI). “The Yearbook Togo 2022-2023 was published with the aim of making economic data accessible and providing an overview of achievements – completed and in progress – […]
Côte d’Ivoire is mulling plans to bring to 30 per cent the national production of medicine by 2025, up from current 6 per cent, Health Minister Pierre N’Gou Dimba said last Sunday. “In the roadmap that the President of the Republic gave me as Minister of Health, it is to increase from 6% to 30% […]
After the last decades of civil war, an oil boom, corruption scandals, the state of Angola’s economy will be one of the biggest and most decisive issues when the country’s citizens go to the polls on Wednesday (24 August). Millions of Angolan youths are voting for the first time in the country’s 5th election since […]
Bahrain will launch its first 100 percent locally-built satellite by the end of December 2023, the commander of the royal court announced Sunday, Arab News reports. Sheikh Nasser bin Hamad Al-Khalifa indicated that a group of Bahraini youth who are qualified in the field of space science and technology will contribute to building the satellite. […]
Dubai will host in November 11-20 the Esports Festival, Dubai Esports Festival (DEF2022), at Dubai Exhibition Centre at District 2020, reports say. DEF 2022 will be the first international leisure event to be held at the Dubai Exhibition Centre following Expo 2020. VSPN, a global leader in esports, is the leading partner for the event. […]