First Independent Mena Newspaper
The Governor of Morocco’s central bank, Bank Al-Maghrib (BAM), Abdellatif Jouahri has said that the annual meetings of the World Bank (WB) and the International Monetary Fund (IMF) will serve as an opportunity to display Rabat’s commitment to the development of the African continent. “This meeting aims to highlight Morocco’s commitment to African countries through […]
The High Court of Niamey has ordered the immediate release of Salem Mohamed, son of Mohamed Bazoum, the Nigerien President deposed on July 26 by a junta now controlling the country. The Court in a late last week ruling indicated that Salem is a victim of “assault”, “manifestly unlawful disturbance”. A junta known as the […]
Herimanana Razafimahefa, the Speaker of Madagascar’s Senate has cast doubt about November 2023 presidential elections arguing that the ongoing confrontations and protests that are making the buildup to the electoral campaign set to start on October 10, are conducive to free and transparent elections. Tensions have ramped up in recent weeks in the country and […]
Against the backdrop of the African Union (AU) becoming a permanent member of the Group of Twenty (G20), responsible mining in the region, encapsulated in the AU’s African Mining Vision (AMV), should play a central role in fueling a mutually beneficial sustainable development while facilitating the cross-border collaboration between African states that will pave the […]
The recent military coups in Gabon and Niger, and claims of a military takeover attempt in Congo Brazzaville, show that the contagion may continue to spread, not only undermining democratic governance but also threatening to dim the prospect of improved inter-continental trade under the African Continental Free Trade Agreement (AfCFTA). With military officers in Gabon […]
Kristalina Georgieva, the Director of International Monetary Fund (IMF) called on Africa on Thursday to turn to green energy and to accelerate their transition to clean energy sources and sustainable agriculture given what she called the “existential threat” posed by climate change. “This is the most significant risk we face as a global community. It […]
Togo and the Arab Bank for Economic Development in Africa (BADEA) signed Thursday a $16 million loan earmarked to provide support for the West African country’s Small and Medium Enterprises (SMEs). Togo’s Finance Minister Sani Yaya and the BADEA President Sidi Ould Tah inked the financing deal on the sidelines of the ongoing Africa SME […]
The International Monetary Fund (IMF) has announced that sub-Saharan Africa will be allocated a third seat on the global lender’s executive board, while the World Bank has warned the central banks in Nigeria, Ethiopia, and Uganda not to overplay their hand in getting involved in risky monetary initiatives. Sub-Saharan Africa will have a “stronger voice” […]
Casablanca Finance City (CFC) has maintained its position as the leading African financial center in the half-yearly rankings of the 34th edition of the Global Financial Centers Index (GFCI) that has also included Mauritius, Kigali, Johannesburg, Nairobi, Cape Town, and Lagos on the list. Within the North Africa and Middle East region, the leading Moroccan […]
President of the Union of the Comoros, current Chairman of the African Union, Azali Assouman, commended the continental leadership of King Mohammed VI and the quality of relations binding Morocco and the Union of the Comoros. The Comorian Head of State made the remarks while receiving President of the High Authority for Audiovisual Communication (HACA), […]