First Independent Mena Newspaper
On Thursday, King Mohammed VI oversaw the inauguration and inspection of several major projects forming part of the redevelopment of the Casablanca Port Complex, designed to enhance the city’s economic vitality and tourism potential. With an estimated investment of 5 billion dirhams, the initiative features the development of a new fishing port, a shipyard, a […]
In a bold step to safeguard global trade from rising protectionism, fourteen small and medium-sized countries, including Morocco and Rwanda, have officially launched the Future of Investment and Trade (FIT) Partnership, a new international alliance aimed at promoting open markets, attracting investment, and addressing modern trade challenges. Announced during a virtual ministerial meeting attended by […]
Guineans head to the polls this Sunday (21 September) in a controversial constitutional referendum that could open the door for junta leader Mamady Doumbouya to run for president — despite his earlier pledge not to do so. The draft constitution would replace the post-coup transitional charter, which barred military officials from seeking elected office. This […]
More than 42 million people across six East and Horn of Africa countries are facing acute food insecurity in 2025, according to a grim new report from the Intergovernmental Authority on Development (IGAD). The Regional Focus of the 2025 Global Report on Food Crises, released Tuesday (16 September), reveals that Djibouti, Kenya, Somalia, South Sudan, […]
Africa’s largest telecom operator, MTN Group, is in advanced negotiations with U.S. and European firms to build a network of AI-powered data centers across the continent — a strategic move to close the continent’s infrastructure gap and position it as a key player in the global digital economy. The initiative, led by MTN’s newly formed […]
Leading African economists and policymakers have sounded the alarm on the urgent need for governance reforms, domestic resource mobilization, and strategic partnerships to transform the continent’s fragile “transition states” from crisis to growth. Speaking at a recent high-level policy dialogue during the 66th Annual Conference of the Nigerian Economic Society, experts emphasized that 24 African […]
Governments and businesses in Nigeria, Kenya, and South Africa are grappling with sharply rising borrowing costs, a trend that poses serious risks to economic growth across Sub-Saharan Africa, according to a new report by Moody’s Ratings. Over the past five years, debt servicing costs have surged in all three economies due to weak policy frameworks, […]
Africa’s trade with China has surged 25% in 2025, reaching $122 billion in just seven months — on track to exceed $200 billion for the first time, yet beneath the boom lies a widening trade imbalance and growing concern over Africa’s long-term economic autonomy, experts warn. While U.S.-Africa trade has declined, especially under President Donald […]
Africa is losing billions each year to twin economic threats: climate-induced natural disasters and illicit financial flows, a new series of reports reveal. According to a new report by the Coalition for Disaster Resilient Infrastructure (CDRI), natural disasters inflict $12.7 billion in annual damage to infrastructure across the continent. Floods alone account for nearly 69% […]
Seven Algerian teenagers, younger than 18 years old, stole a fishing boat from Algiers port and navigated their way for 300 kilometers in the open sea until they docked in the Spanish island of Ibiza. They documented their hazardous journey using their phones and shared sequences on social media. Algerian countrymen hailed them as a […]