First Independent Mena Newspaper
Japan will provide Benin with rolling stock worth $2.7 million to contribute to the fight against terrorism in the north of the West African country. The assistance was the subject of an agreement signed by Ichijo Motonbu, the interim Chargé d’Affaires at the Japanese embassy in Benin, and Romuald Wadagni, Benin’s Finance and Economy Minister […]
The European Bank for Reconstruction and Development (EBRD) announced Wednesday a €250 million funding for Morocco to help the country to rebuild its economy in the regions of the Atlas Mountains that were hit by the recent earthquake. The Bank says the financial assistance is an initial response package spanning over three years (2023-2025). The […]
The Senegalese soccer star and international Sadio Mane has acquired National 2 club Bourges Foot 18, a fourth-tier French club. The French side made the announcement Wednesday October 25 during a press conference, explaining that the deal had been in the pipeline for three years. “I can confirm the official arrival of Sadio Mane as […]
Diplomatic relations between India and Africa have expanded rapidly since the early 2000s but, with India aspiring to become the 21st century’s next superpower, the relationship between both sides will be driven by business links, trade and the joint efforts to reshape the international institutions. At the recent G20 summit in New Delhi, Indian Prime […]
Morocco and Belgium have discussed this Wednesday in Brussels ways of upgrading their partnership and meeting current and future shared challenges. This came at a meeting between Head of Government, Aziz Akhannouch, and Belgian Prime Minister, Alexander De Croo. The two sides expressed satisfaction at the partnership linking the two kingdoms, and examined ways of […]
The U.S. State Department announced the suspension of foreign assistance to Gabon in reaction to the military takeover which took place on August 30 with the removal of longtime leader Ali Bongo Ondimba, but reaffirmed commitment to support the central African country in conducting a timely and durable transition to democratic civilian governance. “The United […]
Idrissa Nassa, the President of Coris Bank Group, one of Burkina Faso’s successful companies, has been elected new President of Le Conseil National du Patronat Burkinabe (CNPB), the country’s private employers’ council. The 59-year business tycoon beat rival and incumbent council’s President Apollinaire Compaoré, founder of Planor Afrique Group by 119 votes against 54. He […]
The African Development Bank (AfDB) is supporting Morocco’s efforts to enhance inclusive access to healthcare, improve employability of vulnerable people through training, and provide urgent assistance to the families affected by Al Haouz earthquake. In this connection, three financing agreements worth €270 million were signed Tuesday in Rabat by the Bank and the North African […]
Tanzania’s government has signed a 30-year port management agreement with Dubai-based logistics firm DP World, hoping the deal would boost exchanges with landlocked neighboring countries and reduce unloading times at the country’s largest port. The Dar es Salaam port in Tanzania will soon be modernized amid a 30-year concession agreement with the Emirati logistics giant […]
Kenyan and Nigerian currencies have both hit all-time lows in the past few days, worsening the economic situation in the two heavily indebted African countries plagued by high inflation and ongoing dollar shortages. Kenyan currency hit all-time low of 150 shillings to the US dollar on Monday (23 October), while the Nigerian naira has faced […]