First Independent Mena Newspaper
Millions of Muslims across Africa are celebrating Eid al-Adha — or “The Feast of the Sacrifice” — a religious festival that honors the act of sacrificing what they hold dear to express their devotion to Allah. But this year, in parts of Africa, Eid celebrations are marred by rising inflation, raging wars, and refugee crisis. […]
Rwandan prime minister this week held a meeting with the European Union delegation to discuss various areas of partnership to boost trade and investments, while NGOs are pushing Kenya to rescind the recent agreement with the EU to implement the Economic Partnership Agreement (EPA) between them. Following the meeting with Rwandan PM Edouard Ngirente, one […]
Africa’s fintech market is poised for significant growth, projected to reach a $65 billion in revenue by 2030, which represents a 13-fold increase over 2021, according to a new study conducted by consulting firm Boston Consulting Group (BCG) and QED Investors, a global VC based in the US. This development will make Africa the world’sfastest-growing […]
Vice President of El Salvador Félix Ulloa has affirmed that Morocco is a strategic partner of his country in Africa and the Arab world. In a statement to Diario El Salvador, Mr. Ulloa said Rabat and San Salvador are working continuously to consolidate the bonds of friendship and cooperation through the exchange visits, permanent consultations […]
Morocco is a key gateway for world trade, said Erik Schatzker, Editorial Director of “Bloomberg New Economy”, which organized the prestigious eponymous conference on June 13 and 14 in Marrakech. Morocco is a major gateway for global trade and a leader in climate action, Schatzker told MAP at the closing ceremony of “Gateway Africa” which […]
US special presidential representative has reassured that the global superpower remained committed to maintaining strong trade ties with the African continent, something the Biden administration believed faltered with Trump’s presidency. The special presidential representative for the United States-Africa Leaders Summit, Johnnie Carson, made these comments Tuesday (13 June) as a way to reassure America’s African […]
Ghana has reclaimed its top position as Africa’s premier gold producer, surpassing South Africa, after large-scale mining companies in the West African country increased gold production from 2.2 million ounces in 2012 to 3.08 million ounces last year. After a temporary setback in 2021 due to a sharp decline in output, Ghana has reclaimed its […]
In recent years, the Islamic State Terror Organization, which has forged an alliance with the Polisario separatist group, has increased its influence and presence in Africa, though the scope of this presence varies according to some specific regions of the continent. The radical organization extended its influence in Africa by exploiting existing conflicts, ethnic and […]
Paris-based multinational financial services company, Société Générale, also known as SocGen, has withdrawn from four African countries, namely Chad, Congo, Equatorial Guinea, and Mauritania. The company announced this Thursday that it has signed agreements with two pan-African banking groups for the sale of its subsidiaries in the four African countries. The company has not disclosed […]
Morocco’s phosphates and fertilizers producer OCP said it plans to launch a feasibility study for the setting up of a phosphate-based fertilizers plant in Togo. A deal was signed by Togolese agriculture minister Antoine Kepka Gbebgeni and head of OCP Africa Mohamed Anouar Jamali. The plant is expected to be achieved in the medium term […]