First Independent Mena Newspaper
Russia has re-opened its Embassy in Burkina Faso’s capital Ouagadougou, nearly 32 years after shutting down the mission. This comes amid growing ties between the two countries. Russia’s Ambassador to Côte d’Ivoire and Burkina Faso, Alexei Saltykov witnessed the ceremony alongside his host, Burkina Faso’s top diplomat, Karamoko Jean Marie Traore. The Russian diplomat underscored […]
Morocco cut its trade deficit by 7.6% in November thanks to higher exports of the automotive sector and lower energy prices. Morocco’s imports stood at 653 billion dirhams, down 3.3%, while its exports remained almost stable at 392 billion dirhams. A drop in phosphates and by product sales was compensated by an improvement in sales […]
The European Investment Bank will support Morocco’s Forest Strategy 2020-2030 with €100 million under a financing agreement signed in Rabat on Thursday Dec. 28. The agreement, which falls in the frame of cooperation between Morocco and the EIB and which spans the period from 2024 to 2028, focuses on climate change adaptation, biodiversity promotion, and […]
Libya’s General Federation of Chambers of Commerce, Industry, and Agriculture has proposed a new commercial crossing on the border with Egypt to facilitate the flow of goods and enhance bilateral trade, separate from the Salum land crossing used by individuals, Libya Observer reports. Mohamed Al-Raeed, head of the federation, held discussions on the initiative during […]
The General Directorate of National Security (DGSN) is determined, in 2024, to consolidate the achievements made in modernizing and improving police infrastructures and services, to provide an adequate response to citizens’ expectations of the public police service. The institution also intends to strengthen and enhance international security cooperation, by sharing its experience in the fight […]
Morocco will offer incentives to attract foreign doctors and increase the number of graduates from medicine faculties to address a shortage due to brain drain, the health minister said. Up to 1400 doctors trained in Moroccan universities leave the country, mostly to Europe, where many countries are vying to attract foreign medics, minister Khaled Ait […]
As Kenya is moving closer to sealing an Economic Partnership Agreement (EPA) with the European Union, the East African economic powerhouse has also announced the possibility of a $1bn loan from China that could be used to help pay off a $2bn Eurobond repayment that is due in June next year. Kenya’s economic partnership deal […]
Benin’s Cotonou port authority (PAC) lifted Wednesday December 27 the ban on the exportation of goods to neighboring Niger. The ban was part of the implementation of sanctions against Niger by the regional bloc, the Economic Community of West African States (ECOWAS), after the seizure of power on July 26 by a junta. Bart Van […]
East African trade is threading in the wrong direction as member states of the East African Community (EAC) are trading more with countries outside the bloc rather than with each another, owing to pesky trade barriers. While trading less within the EAC, members of the regional bloc are trading more with other African countries, particularly […]
Morocco and the German Development Bank (KfW) on Wednesday formalized three loan agreements totaling 250 million euros and two grant agreements amounting to 7 million euros. The agreements are earmarked for financing three pivotal projects focused on social protection, sustainable mobility, and irrigation. These agreements were signed in Rabat by Fouzi Lekjaa, Minister in charge […]