First Independent Mena Newspaper
As foreign ministers of the Group of Seven (G7) major democracies have gathered on the Italian island of Capri, Middle Eastern and African issues are also high on the agenda during the three days of talks. The continuing escalation of tensions in the Middle East — between Israel and Iran, the war in Gaza, and […]
Lackluster growth, rising indebtedness and heightened uncertainty due to the conflict in the Middle East are impacting economies across the Middle East and North Africa (MENA) region, says a new report by the World Bank. According to the World Bank’s MENA Economic Update, the regional economies are expected to return to low growth akin to […]
China National Petroleum Corporation (CNPC) agreed to offer a loan of 400 million dollars to the Niger government, which is struggling with the impact of sanctions. The loan is seen as one of the first steps to wean financial dependence on the West, with whom the military rulers are increasingly at odds, going as far […]
One-half of the world’s 75 poorest countries — more than half of whom are in Sub-Saharan Africa — are facing a widening income gap with the wealthiest economies for the first time this century in a historical reversal of development, according to a new report released by the World Bank. The report unveiled this week […]
Morocco is strengthening its defense and deterrence capabilities by acquiring new military technology, enabling the North African Kingdom to address threats to its national security and regional peace. Moroccan lawmakers have already passed laws allowing the setting up of joint ventures in the defense industry as the country aspires to reduce its dependence on the […]
Russia intends to establish a “grain exchange” with BRICS nations, aspiring to use this trade alliance of nine emerging countries to challenge Western dominance in agricultural trade. While the officially declared purpose of the inter-bloc grain exchange is to facilitate trade between BRICS member states, analysts say that the new alliance actually aims to become […]
Africa’s trade volume is projected to shrink in the first six month of 2024, as the recent attacks by Iran-backed Houthi rebels on commercial vessels will have a huge consequence on the economies of African countries, especially those in North and East Africa, says a new report compiled by Afrexim Bank. As Yemen-based militants continue […]
The major humanitarian operation launched by Rabat-based Bayt Mal Al Quds Asharif Agency, in accordance with the instructions of King Mohammed VI, Chairman of the Al Quds Committee, during Ramadan 1445H, came to an end on Monday evening at the end of the holy month. The Agency presented the results of this large-scale operation […]
Morocco is the first country to have delivered humanitarian aid directly by land for Gaza and Al-Quds populations, thanks to the far-sighted vision and leadership of King Mohammed VI, underlined the Kingdom’s ambassador to the United Nations, Omar Hilale. Speaking at a meeting of the UN General Assembly held Monday on the use of […]
As Muslims across the Middle East and North Africa (MENA) region prepare to celebrate Eid Al-Fitr — the Feast of Breaking the Ramadan Fast — starting from Wednesday (11 April), people in many parts of Africa are bracing for low-key festivities due to the tough economic and security challenges that their countries are going through. […]