First Independent Mena Newspaper
Some Kenyan lawmakers are demanding to see more documents from a secret $5bn loan agreement with a Chinese bank that financed a cross-country railway, with critics of the deal blaming the government of the day for having given too much legal authority to China. The 2011 agreement was shielded from public view until Kenya’s transport […]
The Qatar Investment Authority (QIA) deposited $1 billion at the Central Bank of Egypt (CBE) at the time the Gulf country was close to a deal to acquire a government stake in some of the major companies in the North African country, Asharq Business reports, citing informed sources. The funds, the sources told the media, […]
Gabon President Ali Bongo Ondimba held talks Monday on the sidelines of the COP27 in Egypt, with Korea’s Special Envoy for Climate Hon Na Kyung-Won on the possibility of both countries cooperating in forest and carbon credit management, Gabo Review reports. The Gabon leader and Kyung-Won also addressed Korea’s various investment opportunities in infrastructure, among […]
The leaders of East African Community, EAC, have appointed former Kenyan leader Uhuru Kenyatta to broker political negotiations to end the security crisis in the eastern Democratic Republic of Congo (DRC), where the army is facing some 100 armed groups. The appointment came during a high-level meeting on the sideline of ongoing COP27 in Egypt. […]
Donatien Nagalo, Burkina Faso’s Minister of Industrial development, Trade, Crafts and Small and Medium-sized enterprises, stepped down Tuesday amid growing protests against his appointment by traders who accuse him of fraud and embezzlement, Anadolu news agency reports. “I Sincerely and honestly recognize that I am an honest and honest Burkinabe citizen, dedicated and committed to […]
Morocco’s Princess Lalla Hasnaa, Goodwill Ambassador of the Congo Basin Climate Commission (CBCC) & the Blue Fund for the Congo Basin, conferred on Tuesday in Sharm el-Sheikh with Congo’s Environment Minister & coordinator of the Congo Basin Climate Commission, Ms. Arlette Soudan-Nonault, on the sidelines of the COP-27 Climate summit taking place in Egypt. Set […]
Morocco and Switzerland have signed an agreement on environment protection on the sidelines of the COP-27 climate summit currently held in Sharm El Sheikh, Egypt. The agreement was inked Monday by Swiss President Ignazio Cassis and Moroccan minister of energy transition and sustainable development Leila Benali. Under this agreement, Switzerland pledges to reduce its CO2 […]
Morocco and the United States, two friends and longstanding allies, are stepping up their military cooperation to counter common regional challenges and international threats. On Monday, U.S. Vice Chairman of the Joint Chiefs of Staff Adm. Christopher W. Grady met with Inspector General of the Royal Armed Forces of Morocco Lt. Gen. Belkhir El Farouk […]
The “mutually beneficial” partnership existing between Spain and Morocco is “an example to be followed by other countries in the region,” said Spanish Foreign Minister José Manuel Albares. The Spanish official said, on the sidelines of a Forum he was attending in Santa Cruz de Tenerife, that ties between the two countries are based on […]
This year’s African Investment Forum (AIF), the continent’s premier investment platform, attracted a record $63.8bn in investment pledges for infrastructure projects, but experts warn of historically low success rates in bringing projects into fruition. The vast networking event brings together African entrepreneurs, decision-makers, bankers. In 72 hours, the African Development Bank (AfDB) and its partners […]