First Independent Mena Newspaper
Kenya’s High Court has temporarily blocked a proposed 30-year lease deal that would have given India’s Adani Group control over the country’s main airport. The Law Society of Kenya and the Kenya Human Rights Commission jointly filed an application arguing that the country could independently fund the $1.85 billion airport upgrade. The petitioners claim the […]
Six months into his presidency, Senegal’s Bassirou Diomaye Faye is finding it challenging to implement the radical reforms he promised during his campaign. Faye, who swept to power with a leftist, anti-establishment agenda, is facing resistance from a parliament still dominated by supporters of the previous administration. The new government, led by Faye and his […]
On Monday September 9 in Nouakchott, Khaled Abidine Sidi, Secretary General of the Ministry of Digital Transformation and Modernization of Administration, met with a delegation from the World Bank Group led by Ousmane Diagana, the Bank’s Vice President for West and Central Africa. In his remarks, Sidi highlighted that the meeting centered on enhancing cooperation […]
Morocco will offer a financial aid to China’s textile giant Sunrise Group worth 410 million dollars, to help fund an industrial project that would employ 11,000 people. The news came following a visit by Akhannouch- who was in China to attend an Africa summit- to a Sunrise factory where he met officials from the Chinese […]
Air Senegal plans to suspend flights to seven international destinations as it operates a strategic overhaul of its operations. The airline will operate its last transatlantic flight to New York on Sept 15, a once twice a week route using Airbus A340-300. The airline has been grappling with operational difficulties and finding it challenging to […]
Ghana has extended an invitation to holders of approximately $13 billion in international bonds to exchange their holdings for new instruments. This offer follows a preliminary restructuring agreement with two bondholder groups. The deadline for the offer is September 30, with an early deadline of September 20 offering a 1% consent fee for early participants. […]
The Moroccan Government reaffirmed on Thursday in Beijing steadfast commitment to advancing and strengthening further partnership between African countries and China for shared prosperity and inclusive growth unleashing Africa’s full potentials. Addressing the China-Africa cooperation summit 2024 convening in Beijing (Sept.4-6), Morocco’s Prime Minister Aziz Akhannouch, who is representing King Mohammed VI at this event, […]
Libya’s rival factions agreed to appoint a new central bank governor after the former chief left the country under pressure from militias. The Libyan infighting between the West and East governments spilled over to the Central Bank last month forcing suspension of its activity and jeopardizing the country’s monetary regulator. The House of Representatives based […]
The Mauritanian Ministry of Commerce announced a new memorandum of understanding with the Federation of Commerce, aimed at lowering the prices of essential foodstuffs. This agreement seeks to alleviate the financial strain on Mauritian consumers by stabilizing the cost of basic groceries amid challenging economic conditions. According to the Ministry’s statement, the new pricing concerns […]
Turkish president Recep Tayyip Erdogan said his country looks forward to cooperating with Egypt on natural gas and nuclear power, following a visit to Ankara by Egyptian president Sissi during which trade cooperation deals were also signed. The two countries are willing to strengthen cooperation in the fields of trade, defense, health, energy, and the […]