First Independent Mena Newspaper
Strategies are needed to avoid debt crises that developing nations are currently facing, including the urgent need to find as much as $2.5-trillion over five years to meet external debt-service costs as interest rates rise and poorer countries struggle to refinance borrowings, according to a recent study. The findings published by the Bill & Melinda […]
More than hundred people are feared died in the Democratic Republic of Congo (DRC) due to flooding and landslide in Kinshasa Tuesday. “The death toll exceeds 100 in 5 communes including Mont-Ngafula, Ngaliema, Kintambo, Bandalungwa and Selembao,” Gentiny Ngobila, Kinshasa Governor told reporters after a visit. About sixty people were reported dead in Mont-Ngafula, one […]
Gulf of Guinea nations have banded together earlier this year to crack down on illegal fishing, which environmental groups blame on Chinese boats that are decimating West Africa’s fish stocks and fishing communities along the coastline. Chinese boats are decimating West Africa’s fish stocks and fishing communities in the Gulf of Guinea, say environmental groups. […]
Morocco’s influence in the continent and beyond has received a boost thanks to the well-deserved qualification of the Atlas Lions to the semi-finals, a watershed in Africa’s soccer history that triggered an outpouring of joy in Moroccan streets and beyond. The confidence of national coach Walid Regragui and players on the pitch send a message […]
Henri Claude Oyima, head of Gabon’s private bosses has indicated that the President of the republic Ali Bongo has nodded to the demand of the Federation of private companies of the central African country to take control of the struggling National Social Security Fund, CNSS. “We were pleased with the Head of State’s announcements on […]
Morocco has become the first Arab and African nation to qualify for the semi-finals of the world cup after beating Portugal 1-0 in a pulsating game played Saturday at Al-Thumama stadium. After the final whistle of the referee, several heads of state congratulated, during telephone calls, King Mohammed VI, for the Moroccan team’s historic qualification. […]
Morocco has contributed $5 million to the African Development Fund (ADF), which provides concessional funding for projects, technical assistance for studies and capacity-building activities in Africa. The Moroccan contribution was made during the Fund’s 16th replenishment meeting convened in Tangier Dec.5-6 to raise money for low-income African countries to enable them counter social and economic […]
The plan recently agreed by West African leaders to set up ECOWAS peacekeeping force is “a welcome development,” African analysts say but they are skeptical of success because restoring peace and order will not be easy. The Economic Community of West African States (ECOWAS) agreed at a summit this week to establish a regional standby […]
The Casablanca Stock Exchange has been connected to the African Exchanges Linkage Project (AELP), an e-platform which enables cross-border securities trading among African stock exchanges and contributes to economic integration. In its first phase launched this week, AELP connects seven stock exchanges across 14 African countries: Morocco, Egypt, Nigeria, Kenya, Mauritius, South Africa and the […]
Senegal is planning to build sports infrastructure including stadiums in 26 provinces across the 46 that up of the West African country, Sports Minister Yankhoba Diatara announced Wednesday according to Faapa news agency. The Head of State Macky Sall, Diatara told lawmakers during a plenary, has instructed the cabinet to work on a program to […]