First Independent Mena Newspaper
The first Aswan Forum on Sustainable Peace, Security and Development in Africa, held Dec.11-12 in the upper Egyptian city of Aswan, focused on post-conflict reconstruction, education, climate change and sustainable development in the continent. World leaders as well as representatives of international and regional organizations debated a wide range of issues during the two-day forum, […]
US energy giant Chevron signed a deal with Morocco’s Akwa Group to make the Kingdom its lubricants manufacturing and exporting hub to Africa. An agreement was signed in that regard between Chevron and Akwa Group, bringing the share of Chevron from 25% to 50% of Akwa Group subsidiary Afriquia Lubrifiants. Under this deal, Chevron will […]
German Chancellor Angela Merkel has called on her country’s lawmakers to rethink restrictive arms export policies towards Africa, arguing the restrictions are not in Germany’s best interest. The chancellor, who was addressing the German parliament, the Bundestag, on Wednesday, made the case for more engagement in Africa’s Sahel region, where the threat of destabilization […]
The prospects and huge business opportunities offered by the blue economy in Africa were at the center of the first international seafarers forum held Feb.23-24 in the Southern Moroccan city of Dakhla with the participation professional mariners from 27 African and European countries. During the event, maritime experts, seamen and representatives of civil society stressed […]
Funding destined to infrastructure development in Africa hits $100 billion in 2018, the Infrastructure Consortium for Africa (ICA) has announced. The ICA’s Infrastructure Financing Trends in Africa 2018 report shows that financing of infrastructure in Africa reached a new high of $100.8 billion in 2018, a jump of about a quarter on 2017 and 38% […]
Nigerian-based fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Founded by consumer internet company Opera, OPay will use the funds to scale up in Nigeria and expand its payments product to Kenya, Ghana and South Africa, the company said in a statement. Incubated by Norwegian-based consumer internet outfit […]
Tunisian medicine continues to make great strides. Medical teams at the hospitals of Rabta in Tunis and Mongi Slim in Marsa, on November 12, successfully performed two surgeries. One on heart transplant and the other on liver transplant. The information was revealed by Director-General of the National Centre for the Promotion of Organ Transplantation Taher […]
China’s Export Import Bank and the Casablanca-based Attijariwafa Bank will join efforts in a $5 billion bank dedicated to boosting African exports to China and promoting industrial activity in the countries where the Moroccan bank operates. The deal attests to the credibility and large network of Moroccan banks in Africa, as well as Morocco’s efforts […]
A three-day international Conference opened in Tunis on Nov 7. Entitled “Quest for Economic and Monetary Sovereignty in 21st Century Africa: Lessons and Prospects”. This conference gathers economists, financials, businessmen, experts and leaders of opinion from African countries and from all over the world. Foreign currencies and monetary independence are the main issues on the […]
Sub-Saharan Africa has the highest number of people offline out of the 3.6 billion without access to internet connection, a new report by the International Telecommunications Union, ITU, has revealed. According to the report, Europe is the region with the highest Internet use (82.5 per cent), while Africa is the region with the lowest (28.2 […]