First Independent Mena Newspaper
UN Secretary-General António Guterres has expressed deep concern at Russia’s decision to suspend its involvement in the Black Sea Grain Initiative, a deal set up to reintroduce vital food and fertilizer exports from Ukraine to the rest of the world. On Saturday, Russia announced that it was suspending its involvement in the deal, citing an […]
There are six megatrends in Africa that, if navigated successfully, could help in advancing the continent’s social and economic progress, a research funded by the USAID Mission to the African Union and conducted by Boston Consulting Group (BCG) has found. The world has seen many emerging economies parlay their young populations and entrepreneurial spirit into […]
Africa’s leading tourism operators, counting 450 delegates from 43 countries, are attending a three-day Africa Tourism Leadership Forum in Gaborone, Botswana, to discuss how to revive the industry ravaged by the Covid-19 pandemic. With intra-African travel at the top of the agenda, Botswana’s President Mokgweetsi Masisi told attendees they need to focus on ways to […]
The announcement by Morocco’s phosphates and fertilizers producer OCP to double its soil nutrient exports to Africa was a boon for a continent that bears the brunt of the surge in commodities prices due to the Russia-Ukraine war. OCP said last week it will bolster its fertilizers exports to Africa to 4 million tons in […]
The existence of separatist groups in Africa is a direct factor in triggering civil wars and racial and ethnic conflicts, as well as upheavals in the social and cultural fabric that undermine the foundations and stability of African countries, said Moroccan Foreign Minister Nasser Bourita. The security challenges facing the African continent today are, as […]
Morocco’s state-owned phosphate OCP group has pledged to dedicate 4 million tons of fertilizers for African farmers in 2023 in a solidarity move with African countries. The announcement was made by OCP Chairman & CEO Mostafa Terrab at the ongoing 2022 IMF-World Bank Annual Meetings held in Washington-DC 10-16. Over 44 million farmers across 35 […]
With many Africans using cryptocurrencies for everyday transactions rather than speculation, cryptocurrency market across Africa grew by over 1200% between 2020 and 2021, and its usage remains high in 2022 despite the ongoing difficult bear market. 2022 has been a very difficult year for digital asset and cryptocurrency markets when the value of many major […]
High transport costs across Africa continue to hinder regional integration on the continent since large-scale transport infrastructure investments require huge investments, according to a recent World Bank report titled ‘How Does Infrastructure Support International Trade?’ The World Bank report argues that global trade has contributed to economic growth and poverty reduction in the past three […]
The controversial Beijing-funded African Center for Disease Control (CDC) in Addis Ababa, Ethiopia that is due to open in the next few months is just one example of China’s increasing investment in health care on the African continent since the pandemic as it builds what analysts and Beijing call a ‘Health Silk Road’. According to […]
While effective air connectivity within Africa is key to unlocking the potentials of tourism on the continent, unfavorable visa regimes, insecurity, high cost of air transport and low quality of tourism support services among other factors are hindering the growth of tourism in Africa. ”The truth is that the performance of the region’s aviation industry, […]