First Independent Mena Newspaper
Kenya has offered Ethiopia and Somalia a maritime treaty as a solution to a standoff that sparked when Adis Ababa signed a deal with breakaway Somaliland. Landlocked Ethiopia had signed a memorandum of understanding with Somaliland providing for access to the sea in return for an official recognition of the independence of the separatist region. […]
Nigeria’s oil production shrunk to 1.23 million barrels per day in March with authorities blaming pipeline problems and maintenance issues. OPEC said Nigeria produced 1.32 million barrels in February and 1.42 million in January. Oil theft and pipeline vandalism have dealt severe blows on Nigeria’s oil production, limiting the country’s output and making it fall […]
A group of US senators introduced a bill to renew AGOA trade program with 40 nations in Sub-Saharan Africa, to help them maintain duty-free access to the US market ahead of the deal’s expiration next year. The legislation, first enacted in 2000, is expected to be extended until 2041, news agencies reported. Biden’s administration has […]
The strong and growing friendship and cooperation between Morocco and Hungary were reviewed at a meeting held in Marrakech Friday between Head of Government, Aziz Akhannouch, and Hungarian Prime Minister, Viktor Orban, who is visiting the Kingdom. The meeting celebrated the strong and growing friendship and cooperation between Morocco and Hungary, which reflects the commitment […]
The UK has agreed to return some 32 gold and silver artefacts that have been stolen from the court of Ghana’s Asante King in the 19th century. The items will be returned on a loan to the current Asante King and they are planned to be displayed to the public at the Manhyia museum in […]
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 […]
French Société General plans to sell its majority stake in its Moroccan branches to Saham group for 745 million euros, as it continues its divestment from the African continent. The transaction which includes Société Générale Marocaine de Banques and La Marocaine Vie is expected to be completed by end of 2024. The French group owns […]
Strengthening the friendly relations between Morocco and Russia and topical issues in the Middle East and Africa on the agenda of the UN Security Council were the focus of meetings held on Thursday in Moscow between Morocco’s ambassador to Russia, Lotfi Bouchaara, and two top officials from the Russian Foreign Ministry. Talks between Russia’s Deputy […]
The US should craft a foreign policy in Africa that focuses on critical minerals to curb dependence on China, the United States Institute of Peace said. “US economic and national security depend on securing a reliable supply of critical minerals, including from Africa,” the Washington-based Think tank said in a report. The US relies on […]
Russia has sent a group of military trainers and air defense systems to Niger, few days after Niamey ended military cooperation with the US. Niger has aligned itself with Moscow since a coup, that followed the example of neighboring Mali and Burkina Faso. The three coup-hit Sahel states have expelled French troops and bolstered ties […]