First Independent Mena Newspaper
Côte d’Ivoire will set up a $500 million green financing fund to support sustainable growth initiatives and enhance climate action, the IMF said. This new facility will be part of the African Green Banks Initiative, aiming to create a $1.5 billion ecosystem of green investment facilities across the continent by 2030. The facility will be […]
Niger’s military junta has invited Russian firms to invest in the country’s uranium and other natural resource production after French nuclear group Orano halted uranium output there last month, part of an ongoing dispute between Niamey and its former colonial master, France. “We have already met with Russian companies that are interested in coming to […]
A Sudanese delegation, led by Minister of Energy and Oil, Mohi-Eddin Naeem Mohamed Saeed, is currently paying a several-day visit to Moscow to discuss with Russian officials key areas of cooperation such as oil exploration and production, pipeline infrastructure, and the operations of oil companies. This visit, started on Wednesday, is part of Sudan’s ongoing […]
The Democratic Republic of Congo’s ambitious Grand Inga Dam project, potentially Africa’s largest hydropower initiative, has entered crucial funding discussions with international financial institutions. The proposed 80-billion-dollar development promises to generate 44,000 megawatts, potentially powering much of the African continent. The project envisions six additional hydropower stations complementing two existing facilities near western DRC’s waterfall […]
Russia sent 200 military instructors to protect the president of Equatorial Guinea, the latest African country to foster military ties with Moscow. The Russians are training the Equatorial Guinean elite soldiers, Reuters reported, adding that the deployment points to Moscow’s offensive to strengthen its foothold in the Sahel and West Africa where military juntas distanced […]
Armed conflicts are leaving millions of African children without education as 14,300 schools had to close by June this year due to wars, The Norwegian Refugee Council said. The Shael countries of Burkina Faso, Nigeria, Niger and Chad were among the worst hit along with the DRC and Cameroon. School closure impacted at least 2.8 […]
Australian gold miner, Resolute Mining’s shares dropped as much as 32% on Monday (11 November) following the arrest of its CEO and two executives while in Mali to discuss “claims made against” the company with the country’s authorities. CEO Terence Holohan and his two colleagues “were in Bamako to discuss with mining and tax authorities […]
At least 17 Chadian soldiers were killed in a weekend attack by Boko Haram militants on a military post that also left 96 of the attackers dead in the country’s west, according to Chadian army sources. The attack in the Lake Chad region, which has been plagued this year by frequent attacks from insurgents, happened […]
Morocco’s foreign minister Nasser Bourita highlighted the Kingdom’s south-south cooperation approach in Africa as evidenced by the Atlantic Initiative, that was launched by King Mohammed VI to give access to the ocean and global trade to landlocked Sahel states. Bourita was speaking at a Russia-Africa partnership forum in Sochi hosted by the Russian government. Bourita […]
Mauritania, as current chairman of the African union, has called for the creation of an international Fund for the protection and preservation of African heritage under the supervision of UNESCO, which is the center of expertise in this area. The call was launched by Mauritanian Minister of Culture & Arts, Hussein Ould Medou, during his […]