First Independent Mena Newspaper
South African President Cyril Ramaphosa has welcomed the opening of a new Huawei Innovation Center in the country, expressing hope that the Chinese giant’s new technologies would help Africa “leapfrog into the Fourth Industrial Revolution.” Speaking at the launch event in Johannesburg, Ramaphosa commended Huawei for its “confidence in the South African economy and its […]
Kenyan President William Ruto — who has said he ‘cannot accept anarchy’ amid opposition’s calls for more anti-government protests to be held later this week — has become yet another leader in the East African country who is facing the consequences of confusing a parliamentary majority for popular legitimacy, according to experts. Ruto warned his […]
Egypt is considering building three new Free Zones, Prime Minister Mostafa Madbouly announced Sunday to Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI). The future Zones, Madbouly’s office indicated in a statement, will be Alexandria, the 10th of Ramadan, and the 6th of October cities. The office also indicated that […]
The African Development Bank, AfDB, rubber-stamped Tuesday a €400 million partial credit guarantee for Côte d’Ivoire, to support the mobilization on international financial markets for strategic environmental, social and governance (ESG) projects. “The partial credit guarantee will enable Côte d’Ivoire to raise long-term financing from commercial banks, in line with its ESG Framework. Côte d’Ivoire […]
Yara International ASA, a global leader in plant nutrition headquartered in Oslo, Norway, announced its withdrawal from Cameroon following a deal to sell its majority stake in Yara Cameroon to NJS Group, a minority shareholder and longstanding partner. Per the deal, NJS Group takes over the 65% stake held by Yara International France in the […]
Egypt is the continent’s new leader in the total equity funding raised by start-ups in Africa from June 2022 to June 2023, overtaking Nigeria, according to London-based African Private Equity and Venture Capital Association (AVCA). Per AVCA data, startups in the North African country raised $540 from June 2022 to July 2023. The amounts represent […]
The U.S. have granted Togo $3 million to attend to around 60.000 people displaced in the north of the African country struggling to contain terrorism activities. USAID, Washington’s agency, provided the aid facility. The World Food Program (WFP) and Catholic Relief Services (CRS) will be the agency’s operational partners on the ground. Per a press […]
Three expatriates operating a helicopter died Tuesday after the aircraft crashed a few minutes after takeoff in the town Kambove, in the Haut-Katanga Province of the Democratic Republic of the Congo, reports say. A French pilot and a South African administrator and a Polish executive in charge of security were found dead after their helicopter […]
A Rwandan soldier of the UN Peacekeeping mission in the Central African Republic (MINUSCA) was killed Monday in an attack during a patrol. “Earlier today, a peacekeeper from Rwanda was killed when his unit came under attack by members of an unidentified armed group” during a patrol in the village of Sam-Ouandja, in the eastern […]
Nigeriens armed forces have arrested two senior members of Islamic State in the Greater Sahara (IS-GS) near the border with neighboring Burkina Faso, reports say. The militants are Abou Maryam aka +Zaïd+ and Sita Ousseini aka Loukoumane. Both, media note citing a Nigerien security source, have been on a wanted list. +Zaid+ was arrested on […]