First Independent Mena Newspaper
Japanese Prime Minister Shinzo Abe on Wednesday said his country will offer enhanced trade insurance to boost private sector investment in Africa. Abe made the statement at the opening ceremony of the Tokyo International Conference on African Development opened in Yokohama on Wednesday. The meeting attended by a few dozen African leaders and representatives of […]
Over twenty African leaders are participating in the seventh edition of the Tokyo International Conference for African Development (TICAD) summit that opened proceedings Wednesday in Yokohama, Japan. The summit, held under the topic “Advancing Africa’s Development through People, Technology and Innovation” is attended by more than 4,500 delegates. Morocco is represented at the event by […]
The G7 leaders have approved about $251 million in support of the African Development Bank’s AFAWA initiative to back women entrepreneurs in Africa. French President Emmanuel Macron, as the current G7 president, made the announcement to reporters on Monday. He said the AFAWA initiative, comes from an African organization, the African Development Bank, which […]
The US “Prosper Africa” program, designed by the Trump Administration, to replace the African Growth and Opportunity Act (AGOA), would be operational by 2025. Prosper Africa aligns with the Trump administration’s Africa strategy, introduced by National Security Adviser John Bolton last December. It aims to promote prosperity, security, and stability in US-Africa relations, and […]
Cairo-based Arab Industrialization Organization (AOI), a structure owned by the Egyptian government, has announced a plan to build solar power plants in seven African countries to reduce the energy deficit on the continent. AOI will develop renewable energies and reduce energy shortages in Uganda, Congo, Tanzania, Eritrea, Somalia and South Sudan. Solar plants in these […]
With the effective establishment of the African Continental Free Trade Area (AfCFTA), trade between Morocco and Africa, which currently account for 5.4% of commercial transactions, could triple in the long term, according to the Moroccan Center of Conjuncture (CMC). The launch of the AfCFTA after long negotiations reflects the desire to foster the continent’s economic […]
Talks between African and US officials to review the African Growth and Opportunity Act (AGOA) free-trade deal ended Thursday in Côte d’Ivoire with no major deal. The African Growth and Opportunity Act, which in 2015 was extended to 2025, provides tariff-free access on 6,500 products from 39 countries, ranging from oil and agricultural goods […]
The President of African Development Bank (AfDB), Akinwumi Adesina, challenged governments in Africa to play a leading role in providing jobs for Africans, saying it was time for African governments to begin to shift from youth empowerment to youth investment. Adesina who was speaking over the weekend at the 5th Tony Elumelu African Entrepreneurship forum […]
Ministers of the Steering Committee for the Institutional Reform of the Economic Community of Central African States (ECCAS) have adopted a new Community public procurement code. This new governance instrument, which contributes to the revision of the ECCAS Financial Regulation, aims to regulate the procurement process in the regional bloc and institutions of the sub-region. […]
In his quality as leader in charge of preparing the African Agenda on Migration, King Mohammed VI led efforts at the African level in favor of a human-based approach to migration that goes beyond narrow calculations building on the success of a migrants legalization policy at home that won prize internationally. Thanks to its forward-looking […]