First Independent Mena Newspaper
The African Development Bank (AfDB) and Tunisia inked a deal Wednesday for a $87.1-million credit facility for the financing of a project to support the inclusive and sustainable development of the cereals industry (PADIFIC), local reports say. Samir Saied, Tunisia’s Minister of Economy and Planning and AfDB’s Deputy Director General for North Africa Malinne Blomberg […]
Benin has secured an 80 million euros loan facility from the African Development Bank (AfDB) to improve and expand Cotonou harbor, one of the main maritime access points for landlocked countries in West Africa. The loan is split into two: €55 million from the African Development Bank and €25 million from Africa Growing Together Fund, […]
The Democratic Republic of Congo (DRC) and the United Arab Emirates (UAE) have signed a mining deal worth $1.9 billion for which the Gulf country will develop several mining fields. The deal was signed Monday with state miner “Société Aurifère du Kivu et du Maniema”, “Zawya” reports, citing a statement from the Congo’s President Felix […]
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva hailed Wednesday the progress made in restoring debt sustainability globally including Chad, at a meeting of the G20 Finance Ministers and Central Bank Governors in India, “Zawya reports”. The central African country in November 2022 reached an agreement with its creditors, notably Swiss commodities trader Glencore, […]
Morocco received the agreement in principle to obtain the status of Sectoral Dialogue Partner from the Association of Southeast Asian Nations (ASEAN), at the 56th meeting of foreign ministers of member countries held on July 11 and 12, 2023, in Jakarta, Indonesia. Morocco, the first African country to benefit from this status, aims through this […]
Andry Rajoelina, President of Madagascar, has defended his acquisition of French nationality in the interest of his children and doubled down that he will always defend the African country. Rajoelina has come under scrutiny since June after it was revealed that has dual nationality. His critics and the opposition questioned his integrity in claiming Madagascar’s […]
The European Union Investment Bank, EIB, has provided Tunisia with 40 million euros to finance the construction of 80 modern primary schools and provision of transportation for the future facilities, “Webdo Tunis” reports. Samir Saïed, Tunisia’s Minister of Economy and Planning and EIB’s Vice President Ricardo Mourinho Felix penned the agreement for the financing. The […]
13 people died Monday after a building collapsed in the Egyptian capital Cairo, in a string building disasters. A five-storey building reportedly built without permit before 1980, when the country’s construction law was passed, collapsed after a resident recently demolished his apartment’s walls on the first floor, despite warnings not to do so. The prosecution, […]
27 people have submitted their candidacies for 26 August presidential polls, Gabon’s Center of Elections (CGE) said Monday. Michel Stéphane Bonda, President of CGE did not unveil names of candidates but indicated that Center until July 16 -deadline for candidacies-, received 27 bids and 20 of them have been validated. 7 are left to be […]
The state of Israel has just announced its recognition of Morocco’s sovereignty over the Western Sahara region. The decision comes as many countries continue to cement their support for Morocco’s territorial integrity through recognition or the opening of representations in Moroccan southern provinces. A statement from the Moroccan royal cabinet said King Mohammed VI received […]