First Independent Mena Newspaper
OCP Africa, a subsidiary of Morocco’s OCP Group, has presented innovative solutions that could revolutionize agricultural practices in Africa. The presentation was made at the African Agricultural Technology Conference 2023, held in Nairobi October 30 – November 3 under the theme “Agricultural resilience through innovation.” OCP Africa explained to participants and visitors solutions to ensure […]
While millions of dollars are being channeled to African financial institutions as part of Chinese President Xi Jinping’s $10 billion plan for the continent, the International Monetary Fund (IMF) has cautioned African nations about the possibility of a regional economic downturn and the ripple effects that China’s slowing economy could bring. Xi’sUS$10 billion pledge for […]
US President Joe Biden announced the eligibility of Mauritania for benefits under the African Growth and Opportunity Act (AGOA), which affects market access, investment, and reduced or eliminated tariffs on U.S. imports, four years after his predecessor Donald Trump suspended the Western African country over its failure to make progress on human rights – namely, […]
STAR SEAFOOD, a Norwegian Seafood Company, is mulling plans to inject €100 million into Mauritania’s Nouadhibou free trade area for a three-phase project that will generate more than 2,800 jobs. The chairman of the authority of the FTA of Nouadhibou (the country’s second city) Ba Abdoulaye Mamadou met Monday October 30 with representatives of the […]
US President Joe Biden announced on Monday (30 October) his intention to end the participation of Gabon, Niger, Uganda, and the Central African Republic (CAR) in the African Growth and Opportunity Act (AGOA) trade program, citing their failure to comply with the eligibility criteria. Launched in 2000, AGOA grants exports from qualifying countries duty-free access […]
Africa’s financial industry platform (AFIS) has chosen Lome as host of its second Annual Summit on November 15 and 16, 2023, for the second time in a row. This year’s Summit will focus on the building of a “world-class African financial industry.” AFIS, backed by the International Finance Corporation (IFC), the World Bank’s private sector […]
Morocco and Germany have signed on Monday a joint declaration of intent aimed at strengthening cooperation between the two countries’ Interior Ministries in the areas of security, migration, civil protection, and the fight against different forms of cross-border crime, on the basis of equality, equal treatment, common interest and mutual esteem. The Declaration of intent […]
Namibia will no longer export unprocessed mineral products, President Hage Geingob has told the recent EU-Namibia Business Forum held in Belgium, part of the African country’s bid to create more local jobs, more local value and to boost domestic industrialization efforts. Geingob’s statement came after, earlier this year, Namibia banned the export of unprocessed lithium […]
Automaker Renault will launch by first half (H1) of 2024 a plant in Morocco’s city business hub of Casablanca to manufacture its newly unveiled Kardian SUV, in a move to conquer emerging markets. The car manufacturer made announcement at the inauguration in Brazil of its Renault Design Center LatAm and its new Kardian SUV, in […]
Governments from Africa’s Sahel have recently met with potential donors and other organizations at the Hand-in-Hand Investment Forum 2023, organized by the Food and Agriculture Organization of the United Nations (FAO), where they presented dozens of projects aimed at boosting agricultural production and food security in a sustainable and profitable way. The FAO’s matchmaking initiative, […]