First Independent Mena Newspaper
Ghana’s President Nana Akufo-Addo cannot call on African leaders to stop begging from the West while he is doing the same, said former Nigerian senator, Shehu Sani, in response to Akufo-Addo’s recent advice to African leaders against “begging” from the West. “If we stop being beggars and spend African money inside the continent, Africa will […]
UK-based finance institution British International Investment (BII) and the African Guarantee Fund (AGF) have signed a $75 million re-guarantee agreement for small and medium enterprises (SMEs) across Africa, Zawya reports. The fund, according to BII, will provide credit guarantees to partner financial institutions for up to 75% of the risk on SME loans, thus increasing […]
At the heart of the Africa’s crypto boom was FTX, an international exchange run by US crypto guru Sam Bankman-Fried, whose collapse in November has sent shockwaves across the continent, along with calls for more regulation. An unknown number of African customers held funds on the Bahamas-based platform, as did numerous African startups. On Tuesday […]
While some of the ports, bridges and other coastal projects constructed as part of Beijing’s so-called Maritime Silk Road help developing economies increase their capacity for trade, there are environmental downsides to China’s coastal infrastructure, according to a new academic study that has just been published in the journal One Earth. The study, by researchers […]
Twenty-four African countries, member of the Congo Basin and Sahel Climate Commissions are gathered in Casablanca for an exchange and capacity building session, held at the initiative of the Climate Change Competence Center (4C Morocco), in partnership with the United Nations Development Program (UNDP). The session, to run till dec.9, features two workshops focusing on […]
The Africa Continental Free Trade Agreement (AfCFTA) must aim at reversing the unsustainable trend of excessive dependence by many of its members on imports of basic commodities, such as food and strategic agricultural inputs that has only exacerbated their vulnerabilities. This is the main message from a recent webinar organized by the UN Food and […]
Russia has donated 260,000 metric tons of its fertilizer that was sitting in European ports and warehouses for use by farmers in drought-ravaged Malawi and other countries in Africa, the United Nations said. Welcoming the announcement, UN spokesman Stephane Dujarric said that “this will serve to alleviate humanitarian needs and prevent catastrophic crop loss in […]
Faithful to its unwavering commitment to the development of South-South cooperation, Morocco has just signed with the United Nations Educational, Scientific and Cultural Organization (UNESCO) an agreement on the safeguarding and protection of the intangible culture in Africa. This cooperation agreement, the first of its kind, was signed this Tuesday, November 29, 2022 in Rabat […]
After the FTX cryptocurrency exchange’s collapse earlier this month that has left a trail of losses for companies and individuals, Africa’s financial regulators have sensed an opportunity to place stricter constraints on crypto’s adoption. Before FTX’s meltdown, the crypto giant was becoming a force for normalizing cryptocurrencies in Africa, through marketing campaigns that enlisted entertainers, […]
Seven West African coastal states held last week their first major talks — within the so-called Accra Initiative — on boosting cooperation against jihadist violence spilling over from the Sahel. During the meeting in the Ghanian capital, leaders from Gulf of Guinea neighbor countries Benin, Ghana, Côte D’Ivoire and Togo discussed ways of preventing the […]