First Independent Mena Newspaper
Côte d’Ivoire and Russia, this week, signed a memorandum of understanding to strengthen bilateral cooperation in several areas, including security & stability, education, energy, industry and the fight against terrorism. The document was signed during a visit of Ivorian Foreign Minister Marcel Amon-Tanoh to his Russian counterpart Sergei Lavrov. Besides bilateral cooperation, the two […]
Nigerien deputy chief of staff, General Oumarou Namata has been appointed commander of the G5 Sahel anti-jihadist force, succeeding Mauritanian General Hanena Ould Sidi. The decision to replace General Hanena was taken by the heads of state of the countries making up this group, in the wake of a terrorist attack against the Headquarters of […]
The United Nations on Monday said the number of people going hungry has increased for the third year running. A report from the UN Food and Agriculture Organization, the International Fund for Agricultural Development, the UN Children’s Fund, the World Food Program and the World Health Organization said reaching the target of zero hunger by […]
Morocco reported a surplus for the fourth consecutive year in its trade with Africa although its exports dropped 2.4% in 2018. Morocco exported 21.57 billion dirhams in goods to Africa in 2018. The continent takes 7.8% of Morocco’s exports. Over four years, Morocco’s exports to Africa grew 29% while imports dropped 5% as the Kingdom […]
The African Development Bank (AfDB) has approved a loan of $500 million for Africa’s electrification through renewable energy. The Energy Inclusion Facility (EIF) will distribute the loan among major project promoters and off-grid suppliers across the continent. According to the pan-African financial institution, $100 million will go to off-grid providers to enable them expand their […]
A fierce competition takes place in African skies to dominate flights to the Americas pitting Royal Air Maroc against unrelenting competitors such as the Ethiopian airlines, South African Airlines, Kenyan airways and Egypt air. Every month a new connections is announced by African airlines linking the continent to the US, Canada or Latin America, air […]
The first China-Africa economic and trade expo kicks-off this Thursday in the central Chinese city of Changsha with the participation of over 1,400 guests and traders from 52 African countries. Launched under the framework of the Forum on China-Africa Cooperation, the expo will establish a new mechanism for economic and trade cooperation between China and […]
UK-based Azuri Technologies said it has raised $26 million to expand its individual solar kit business to cater to African households. According to the company, Marubeni Corporation – a well-known Japanese conglomerate, which invests in renewable energy projects across Africa – contributed a significant amount of investment. IP group, a British technology-focused investment fund, and […]
Head of Casablanca Finance city (CFC) saïd Ibrahimi said that the number of companies that have acquired CFC status rose to 184 and is set to increase in light of the advantages offered by the Moroccan financial center to companies that want to expand in Africa. He said that CFC tax regime was not the […]
The European Union (EU) announced Tuesday a humanitarian aid of more than €152 million for the African region of the Sahel. “While Sahel countries continue to suffer from armed conflict, climate change and a food and nutrition crisis, the EU is providing €152.05 million to help people in need in the region”, said the European […]