First Independent Mena Newspaper
The extension of the UN-brokered Black Sea Grain Initiative and, in turn, the newly-arrived wheat imports from Ukraine could help ease hunger in drought-stricken areas in Africa and bring down high food prices, according to Kenyan economists. Earlier in the week, 30,000 tons of wheat arrived in Kenya under the Black Sea Grain Initiative, in […]
US Vice President Kamala Harris will become the highest-ranking Biden administration official to visit Africa when she begins a tour of Ghana, Tanzania and Zambia on Sunday. Harris will focus on strengthening partnerships, security and economic prosperity, her office said, with analysts adding that her mere presence – as the first female vice president who […]
China is importing more food products such as avocados, cashews, sesame seeds and chili peppers from Africa, after President Xi Jinping promised to increase non-resource imports from Africa and agriculture is emerging as the new focus of Beijing’s engagement with the continent. In the first two months of this year, Shanghai ports handled more than […]
Trade exchanges between Russia and Africa should move away from the US dollar and be facilitated by transition to national currencies, Russian President Vladimir Putin has said, just as Tanzania and India have inked an agreement establishing a platform by which their bilateral trade will be carried out in their own currencies, not the dollar. […]
Only 22% of the population in sub-Saharan Africa had access to mobile internet services at the end of 2021, says a recent report by the World Bank, arguing that lack of mobile internet access is hampering job creation and poverty reduction in the region. Despite the increased connectivity of the world, there are still significant […]
Citizens in the four cardinal points of Africa — Kenya, Nigeria, South Africa, and Tunisia — have in recent weeks hit the streets over economic woes and political strife in their respective countries. Led by opposition leaders, angry people in Kenya in the east, Nigeria in the west, South Africa in the south, and Tunisia […]
‘A revival with fanfare’ is how the latest ranking of the most important 500 African companies drawn up by Jeune Afrique magazine might be best described, with profits amounting to $80,84bn in total. After analyzing the results of more than 1,200 companies, the French-language pan-African weekly news magazine unveiled its exclusive ranking of the 500 […]
The US Vice President Kamala Harris will travel to Africa later this month where she is scheduled to visit Zambia, Ghana, and Tanzania. The week-long trip is seen as part of Joe Biden administration’s effort to bolster its relationships with the continent, as competitors like Russia and China have made inroads in the region. During […]
The European Union is eyeing the potential of Africa’s yet-to-be-developed green hydrogen industry, deepening climate and energy partnerships in the process, as evidenced by the recently inked $34 billion deal for a giant green hydrogen project in Mauritania. After a recent rush on Africa’s natural gas resources following the Russia-Ukraine war flare up in March […]
Germany’s plan to establish migrant centers in five African countries to offer a select category of Africans the possibility of settling on its soil is likely to encourage brain drain, which will occur due to the exit of skilled people from the continent, experts have warned. The new fast-track procedure proposed for skilled labor essentially […]