First Independent Mena Newspaper
Sudan’s paramilitary Rapid Support Forces (RSF) announced on Sunday that they have seized full control of El Fasher, the capital of North Darfur State, marking a significant turning point in the country’s ongoing civil war. The group described the capture as a “pivotal moment” due to the city’s strategic and symbolic importance. The Sudanese army […]
The Bourse Régionale des Valeurs Mobilières (BRVM), West Africa’s regional stock exchange, has reached an unprecedented market capitalization of about $21.2 billion, marking a milestone for the eight-member West African Economic and Monetary Union (WAEMU). Announced on Wednesday (15 Oct), the BRVM’s market cap has soared 29.13% since the end of 2024, with a remarkable […]
The Democratic Republic of Congo (DRC) is pitching a bold new role on the global tech stage: powering the future of artificial intelligence (AI). With the rise of energy-hungry AI data centers, the country is promoting its colossal Grand Inga hydroelectric complex as the world’s green solution to computing’s growing power demands. The Inga site […]
Sub-Saharan African nations are facing mounting fiscal strain as they increasingly turn to domestic banks to fund government budgets, the International Monetary Fund (IMF) warned in its latest Regional Economic Outlook. With global capital markets still hesitant and aid flows uncertain, governments are borrowing more at home — paying higher rates and placing pressure on […]
The United Nations has condemned Madagascar’s latest military coup, calling for a swift return to constitutional order following the swearing-in of Colonel Michael Randrianirina as interim president. The move comes after weeks of youth-led protests over power and water shortages that killed at least 22 people and injured over 100. UN Secretary-General António Guterres, through […]
Economic leadership that was long concentrated in the West has decisively shifted towards emerging economies, whereby this historic global shift in trade and power is redefining Africa’s role in the world economy, says a new book ‘West to East: A New Global Economy in the Making’. Its author, economist Arno van Niekerk, described in a […]
Tensions have surged in Cameroon following opposition candidate Issa Tchiroma Bakary’s declaration of victory in the 12 October presidential election, days before official results are due. Clashes broke out in Douala and other cities as protesters rallied against what they allege are attempts to manipulate the vote. Tchiroma, a former government spokesperson under President Paul […]
As the African Growth and Opportunity Act (AGOA) quietly expired on 30 September, uncertainty looms over U.S.–Africa trade ties, though business leaders and policy experts insist this is “no cliff edge,” as African Report calls it — but a wake-up call. At the recent Global Africa Summit in Washington, D.C., U.S. trade advisors said African […]
The Democratic Republic of Congo (DRC) and the M23 rebel movement signed an agreement in Doha on Tuesday, October 14, to establish a mechanism for monitoring and verifying a ceasefire, marking a renewed attempt to end years of violence in eastern Congo. The deal, facilitated by Qatar and witnessed by representatives from the United States, […]
South African President Cyril Ramaphosa has declared that the recently brokered Gaza ceasefire will not halt his country’s pursuit of justice at the International Court of Justice (ICJ), where Israel faces allegations of genocide. Speaking in Parliament on Tuesday (14 Oct), Ramaphosa reaffirmed South Africa’s commitment to the case it filed in December 2023, stating: […]