First Independent Mena Newspaper
Tunisians are regularly confronted with shortages of basic commodities, and this time they’re faced with a new shortage of subsidized bread, an indispensable staple in the daily lives of this North African people. Endless queues and empty bakery stalls – this situation has persisted for weeks, to the great displeasure of a large fringe of […]
Zanzibar has put 12 new oil and gas exploration blocks up for grabs, which in line with President Hussein Mwinyi’s $2.4 billion plan to entice shipping, oil exploration, and seaweed processing while fostering the “blue” economy, as the East African country is looking to explore other economic options outside of tourism Suleiman Masoud Makame, Zanzibar’s […]
Guinea authorities, Thursday August 3, gave August 31 ultimatum to mining companies operating in the country to repatriate at least 50 per cent of their revenues from exports. The warning came from the ministry of Mining and Geology, citing articles of the Guinea’s mining Code. Moussa Magassouba head of the department addressed the companies in […]
Sentury Tire, a Chinese tire manufacturing giant, will build a first Morocco tire facility in the North of the country, 35 km from Tanger-Med port, Africa’s largest container port which handles over half of all cargo going through Moroccan ports. The deal okaying the plant breaking ground and operationalization was signed by the company’s manager […]
Rabat-based Bayt Mal Al-Quds Asharif Agency will support and empower Al-Quds families through small-scale productive projects under an agreement signed Wednesday with Al-Quds Governorate. The agreement, which was initialed by the Agency’s Coordinator of Programs and Projects in Al-Quds, Ismail Ramli, and the Vice Governor of Al-Quds, Abdellah Sayyam, aims to support and empower families […]
The military coup in Niger has added political instability to terrorism risks in a region beset with violent extremism and weak states making Algeria’s ambitions to establish a gas pipeline channelling Nigerian gas an unfeasible project. Algeria has for long fantasized about a pipeline to transport Nigerian gas to Europe, a project that has been […]
The World Bank’s private sector financing arm, International Finance Corporation (IFC), has provided a credit package of $150 to Olam Palm Gabon, the subsidiary of Singapore-based Olam International, to boost the company’s production of palm oil in the central African country. The loan, Gabon Review reports, will be used in the construction of a biodiesel […]
The East African Community (EAC) last year exported agri-food products worth a staggering 2.16 billion Euros to the European Union, according to a recent report by Eurostat, which highlights the success story of a collaboration between both partners that contributes to the EAC’s economic development. According to Eurostat, the EU’s statistics authority, the volume of […]
The governments of Kenya and Uganda have now revived the plans to build a standard gauge railway (SGR) between them, with each of them pursuing individual financing for their SGR portions, with Kenya signing commercial contracts and Uganda set to finalize its deal soon. These steps signal renewed efforts in both countries to upgrade infrastructure […]
Moroccan National Tourism Office has partnered with Wego, a leading online travel marketplace in the Middle East and North Africa (MENA), to promote the Moroccan destination, offering travelers unforgettable holiday experiences thanks to its captivating landscapes, rich heritage and warm hospitality. Mamoun Hmedan, Wego Chief Commercial Director, said: “We are excited to embark our partnership […]