First Independent Mena Newspaper
The US President Joe Biden endorsed the extension of the African Growth and Opportunity Act (AGOA) upon its expiry in September 2025. “I strongly support re-authorization of the African Growth and Opportunity Act — a landmark, bipartisan law that has formed a bedrock for US trade with sub-Saharan Africa for more than two decades,” said […]
Africa cannot achieve food security without improving intra-continent trade, according to a senior official of the Alliance for a Green Revolution in Africa (AGRA) who was speaking at the recent 2023 Africa Day for Food and Nutrition Security Commemoration and the Comprehensive Africa Agriculture Development Program (CAADP) Partnership Platform meeting in Lusaka, Zambia. Organized by […]
While millions of dollars are being channeled to African financial institutions as part of Chinese President Xi Jinping’s $10 billion plan for the continent, the International Monetary Fund (IMF) has cautioned African nations about the possibility of a regional economic downturn and the ripple effects that China’s slowing economy could bring. Xi’sUS$10 billion pledge for […]
US President Joe Biden announced on Monday (30 October) his intention to end the participation of Gabon, Niger, Uganda, and the Central African Republic (CAR) in the African Growth and Opportunity Act (AGOA) trade program, citing their failure to comply with the eligibility criteria. Launched in 2000, AGOA grants exports from qualifying countries duty-free access […]
Governments from Africa’s Sahel have recently met with potential donors and other organizations at the Hand-in-Hand Investment Forum 2023, organized by the Food and Agriculture Organization of the United Nations (FAO), where they presented dozens of projects aimed at boosting agricultural production and food security in a sustainable and profitable way. The FAO’s matchmaking initiative, […]
Diplomatic relations between India and Africa have expanded rapidly since the early 2000s but, with India aspiring to become the 21st century’s next superpower, the relationship between both sides will be driven by business links, trade and the joint efforts to reshape the international institutions. At the recent G20 summit in New Delhi, Indian Prime […]
The Critical Minerals Africa 2023 summit was held in Cape Town this week (17-19 October), with a high-level ministerial panel addressing the future of African mineral resource development, as the continent’s mineral reserves gear up to power a global energy transition. The Critical Minerals Africa 2023 summit, organized by Energy Capital & Power, serves to […]
As world leaders gathered in Beijing for China’s Belt and Road Initiative (BRI) forum this week, analysts see China as making a renewed focus of its development drive on poorer countries in the global south, notably in Africa, as the country’s relations with the West become increasingly frosty. China’s financial support for projects in nearly […]
President of Morocco’s National Human Rights Council (CNDH), Amina Bouayach, called from Accra, Ghana, for developing a “common vision” and “an ambitious roadmap” to protect human rights in the commercial transactions of businesses, corporations and multinationals on the African continent. The CNDH president was addressing the 14th Biennial Conference of Network of African National Human […]
Over the past two decades, Africa’s trade partnerships have significantly shifted away from Europe, with Asia emerging as the primary trading partner, a recent analysis by Mo Ibrahim Foundation noted, whereby this development is underpinned by high‑growth corridors both between African regions and with regions beyond including Asia and the Middle East, according to a […]