First Independent Mena Newspaper
Chinese firms operating in Africa are often accused of underpaying local workers, but a new study conducted by British experts in Angola and Ethiopia suggests that this reputation is undeserved. As Chinese companies have become active in sub-Saharan Africa, they’ve earned a reputation for paying their local workers less than their Chinese colleagues. But based […]
As 93% of the most climate-vulnerable countries in the Global South are “drowning in debt, according to a new research from ActionAid, experts warn that illicit trade greatly exacerbates this budgetary disaster, which in turn robs governments of massive amounts of tax revenue while undermining medical, environmental and economic health. The ActionAid study also rings […]
Netflix plans to expand its operations in Africa, building on the success of hit shows and series like the South African drama “Blood and Water”, the online video-streaming giant said. Netflix has invested $175 million in film content production in the continent since launching its operations in South Africa, Kenya and Nigeria in 2016, having […]
The Chinese Foreign Ministry Monday said the Asian giant is a better ally for Africa than Western countries as the continent is increasingly the target of rivalry among global powers. Wang Wenbin, the spokesman of the ministry said during a press briefing Monday China can provide assistance to Africa in places and at a time […]
During the ongoing holy month of Ramadan, millions of Muslims around Africa are feeling the pinch of inflation, as food and energy prices have been soaring in the wake of the Russia- Ukraine war and also due to the lingering effects of the Covid-19 pandemic and climate change-related events on the global economy. African countries, […]
One of the most striking differences between the approaches by the European Union and the United Kingdom to negotiating trade deals with Africa is the extensiveness with which the EU negotiates these trade agreements, while the UK’s approach, in contrast, is to try to sign deals as quickly as possible, says a new report by […]
Egypt’s capital Cairo will host the third edition of Intra-African Trade Fair (IATF2023) in November. “The exhibition represents a unique opportunity to bring together African companies and make deals to achieve commercial, industrial and investment integration in the Black continent”, Egypt’s Minister of Trade and Industry Ahmed Samir said during a coordination meeting with a […]
South Africa will use its position as the 2023 chair of the BRICS multilateral bloc to advance the interests of African states under the theme of ‘BRICS and Africa Partnership for Mutually Accelerated Growth, Sustainable Development and Multilateralism’. “Africa supplied raw materials that contributed to the industrializations of other parts of the world. It is […]
The U. S. vice president Kamala Harris ended on Saturday her weeklong Africa trip that led her to Ghana, Tanzania, and Zambia. If the influence of other foreign powers loomed over her trip, she tried to deepen and reframe U.S. relationships with the continent, highlighting major steps in that direction. “My visit has convinced me […]
China’s Belt and Road investment in sub-Saharan Africa fell to a new low in 2023, which demonstrates that increased EU and US spending could reduce the region’s need to rely on Beijing for funding. China’s investment in the region related to Beijing’s Belt and Road (BRI) initiative, the main pillar of its global infrastructure development […]