First Independent Mena Newspaper
Equatorial Guinea’s President Teodoro Obiang Nguema Mbasogo, who holds the world record for longevity in power for a living head of state other than a monarch, was sworn in Thursday in Malabo for a sixth seven-year term. King Mohammed VI of Morocco was represented at the investiture ceremony by Speaker of the House of Representatives, […]
A court in Mozambique has sentenced the son of a former president, two ex-spy bosses, and eight others to years in prison for their part in a corruption scandal which saw hundreds of millions of dollars in government-backed loans disappear, crashing the southern African nation’s economy. Nineteen people, including state security officials, went on trial […]
The Casablanca Stock Exchange has been connected to the African Exchanges Linkage Project (AELP), an e-platform which enables cross-border securities trading among African stock exchanges and contributes to economic integration. In its first phase launched this week, AELP connects seven stock exchanges across 14 African countries: Morocco, Egypt, Nigeria, Kenya, Mauritius, South Africa and the […]
Tunisia announced Wednesday security forces managed to bust a “terror plot” targeting a security unit and a religious institution in Sfax governorate, south of the country. The statement issued by the National Guard and seen by Anadolu news agency notes that a terrorist who had served his prison sentence, is responsible for a terror plot […]
The Ghana Armed forces has arrested a man using fake soldiers credentials to access the armed forces base in Burma Camp located in the capital city, Accra. The army in a press release said the man identified as Rufai Abubakar was posing as a senior military officer. “The suspect who entered Burma Camp in a […]
The capital of the Tigray region has been reconnected to Ethiopia’s national power grid after more than a year cut off due to the war in this northern region of Ethiopia. The announcement by the national electricity company comes just over a month after the signing of a peace agreement between the Tigrayan rebels and […]
Somali government forces and allied militias, backed by the United States and African Union (AU), have recaptured a strategic town that the al-Shabab armed group had controlled for six years. Pro-government forces entered the town of Adan Yabal in Hirshabelle, about 220km northeast of the capital Mogadishu, after the al-Qaeda-affiliated fighters withdrew without resisting, President […]
Democratic Republic of Congo (DRC) has urged International Criminal Court (ICC) to prioritize crimes committed in the country’s volatile eastern provinces, as a third round of peace talks has ended with no reported progress toward settling conflict. DRC’s Justice minister Rose Mutombo, who took part on 6 December in the meeting of the Assembly of […]
Nigeria’s central bank has imposed restrictions on weekly cash withdrawals to limit the use of cash as credit agency Moody’s warned that the country’s banks face tough challenges over a dollar shortage. Foreign currency risk is “very high” for Nigeria’s banking system, according to a report by Moody’s. Nigeria is one of seven countries worldwide […]
Several partners have pledged to contribute up to $23.5 billion to the Niger’s Economic and Social Development Program known as PDES 2022-2026, the office of President Mohamed Bazoum has announced on the sidelines of an investors’ roundtable held in Paris dec.5-6. “At the end of the first day, 22.3 billion euros (23.405 billion USD) of […]