First Independent Mena Newspaper
Kenya is seeking a financing of $1.5 billion from the UAE to bolster its public finances, Reuters and Bloomberg reported, citing sources. Kenya has sought to curb its widening fiscal deficit and growing debt servicing by tax hikes which triggered the most violent protests in the country’s history. A delay in reaching a financing deal […]
Hydrocarbons giant Exxon Mobil plans to invest 10 billion dollars in Nigeria’s offshore oil, a spokesman for Nigeria’s presidency said. The investment was discussed by Nigeria’s Vice President Kashim Shettima and the CEO of Exxon’s Nigeria operations Shane Harris on the sidelines of the U.N. General Assembly in New York, presidential spokesperson Stanley Nkwocha said […]
Member countries of the Rabat Process on the African Atlantic States (AASP) praised, in New York, Morocco’s initiative and leadership in creating this coordination framework, which will help find appropriate solutions to mutual challenges. At a Ministerial Meeting of the Atlantic African States Process held on the sidelines of the ongoing 79th UN General Assembly, […]
Moroccan port operator Marsa Maroc has signed a deal to start operating Benin’s Cotonou port terminals next month, a statement said. Marsa Maroc will operate terminal 1 and 5 in Cotonou’s port after winning an international tender issued by the company in charge of cargo handling, Société Béninoise des Manutentions Portuaires (SOBEMAP). Casablanca-listed Marsa Maroc […]
Morocco has agreed with Mano River Union to foster cooperation ties in security, economy, investment, finance, education, technical assistance, and vocational training. The Mano River Union, which was established in 1973, includes Liberia, Sierra Leone, Guinea and Côte d’Ivoire. The four African countries and Morocco share the same views and goals to spur regional growth […]
The Commonwealth of Dominica and the Republic of Sudan have expressed at the United Nations steadfast support for Morocco’s full sovereignty over its entire Saharan territory, dealing a hard blow to the enemies of Morocco’s territorial integrity. The supportive stands were voiced during separate meetings held Tuesday in New York by Moroccan foreign Nasser Bourita […]
Burkina Faso’s government just dropped a bombshell, claiming they have foiled a massive plot to destabilize the country. It’s like something out of a spy thriller, complete with foreign conspirators, elaborate plans, and a dash of international intrigue. Security Minister Mahamadou Sana took to the airwaves to spill the beans. The cast of villains? A […]
Half of the ten least performing currencies in the World are African, said a Bloomberg report, highlighting the risk facing some of the continent’s devalued currencies due to lack of dollar liquidity. Zambian kwacha, the Angolan kwanza, and the Nigerian naira are in the top 3 most fragile African currencies, according to the report. Zambia’s […]
The military ruled states in the Sahel, Niger, Burkina Faso and Mali are seeking to acquire telecoms technology and remote-sensing satellites from Russia as they seek to counter the surge of terrorist activity. Ministers from the three countries met officials from Russia’s aerospace agency Roscosmos in Mali’s capital, Bamako, on Monday, to discuss implementation plans, […]
The Algerian regime and its Polisario puppet have suffered another embarrassing setback on the international scene after the African Chess Confederation cancelled the membership of Polisario during a meeting held on the sidelines of the International Chess Federation (FIDE) congress organized Sept. 20-22 in Budapest, Hungary. The African Chess Confederation is based in Algiers and […]