First Independent Mena Newspaper
The World Bank has launched a new $2.48 billion program that aims to improve internet adoption rates and infrastructure coverage gaps for more than 180 million people across eastern and southern Africa. The Inclusive Digitalization in Eastern and Southern Africa (IDEA) Program, launched recently, will focus on tackling common digital challenges including low internet coverage […]
With the United States in the process of withdrawing its 1,000 troops from Niger and also about 75 from neighboring Chad, Western military officials and experts are concerned that violent extremist groups are growing in size and influence across Africa, posing a threat to the US and Western allies. A recent UN Security Council “Arria-formula” […]
Africa’s interests as an important component of the Global South must be preserved in the new global digital order, stressed from London Latifa Akharbach, President of Morocco’s High Authority for Audiovisual Communication (HACA). Speaking at the University of Westminster as part of an international conference on “The regulation of digital media and its challenges for […]
Moscow has effectively dismantled and largely taken over the Wagner Group and its African operations, once led by Yevgeny Prigozhin, in the year since the mercenaries launched a mutiny against President Vladimir Putin’s government, according to experts. For years, the Kremlin worked through the paramilitary group to covertly prop up authoritarian leaders, exploit natural resources, […]
Foreign investment flows to Africa dropped by 3% in 2023 to $53 billion, despite an increase in investments in green energy projects, the UN Conference on Trade and Development (UNCTAD) said. While Egypt and South Africa drove the overall investment trend in the continent, countries such as Morocco and Mauritania are expected to benefit from […]
World leaders, health groups, and pharmaceutical firms have announced an African Vaccine Manufacturing Accelerator initiative to the tune of $1.2 billion that will incentivize and offset start-up costs for vaccine manufacturing in the continent. The initiative is “an essential step towards a genuine African vaccine market,” French President Emmanuel Macron said at the opening of […]
The economic growth across Africa is projected to exceed global average this year, according to a new report published by the Afreximbank, despite several downside risks, including increasing levels of sovereign debt, associated sustainability risks, and excessive exposure to adverse terms-of-trade shocks. The report entitled ‘A Resilient Africa: Delivering Growth in a Turbulent World’, the […]
China’s slowdown that results in shrinking Chinese demand and its shift to green and high-tech sectors are bound to harm Africa’s economic prospects, according to a number of experts who have warned against an excessive dependence of African countries on the world’s second-largest economy. Economic relations between China and Africa expanded rapidly over the past […]
Madagascar welcomes the serious and credible efforts made by Morocco to move forward towards resolving the dispute over the Moroccan Sahara and hails King Mohammed VI’s initiatives to promote peace, stability, and shared prosperity in the African continent. This position was expressed in a joint communiqué issued following talks held Friday in Rabat between Malagasy […]
The United States is “missing an incredible window of opportunity” in Africa, a senior executive in US company told the US Senate Committee on Finance, urging a “quick renewal” of the African Growth and Opportunity Act (AGOA) that will have the largest impact on the US business interests on the African continent. SanMar Corporation’s general […]