First Independent Mena Newspaper
The Trump administration has expressed a strong interest in developing Africa’s mining sector, particularly in minerals vital for clean energy technologies. On the first day of his second term, US president Donald Trump signed an executive order prioritizing mineral extraction and processing, signaling a commitment to international partnerships, especially with African nations rich in resources. […]
The four-day ‘Investing in African Mining Indaba’ that officially kicked off in Cape Town, South Africa, on Monday (3 January) features presentations from mining experts, delegates and influential policymakers and also includes discussions on the effects that US tariffs and the freeze on foreign aid might have on Africa’s mining industries. The African mining-focused event […]
South Africa’s largest city, Cape Town, was hit by a violent storm on Monday that destroyed nearly 1000 homes, local media reported. Gale-force winds displaced around 4,000 people as the city and its surroundings expect the adverse weather to continue until Friday, authorities said. Cold fronts bringing torrential rain, strong winds, flooding and possible mudslides […]
Casablanca Finance City (CFC) has maintained its position as the leading African financial center in the half-yearly rankings of the 34th edition of the Global Financial Centers Index (GFCI) that has also included Mauritius, Kigali, Johannesburg, Nairobi, Cape Town, and Lagos on the list. Within the North Africa and Middle East region, the leading Moroccan […]
United States’ accusations leveled against South Africa that it had been secretly selling weapons to Russia has sent the African country’s currency tumbling to record low on Thursday (11 May). The US ambassador to South Africa, Reuben Brigety, accused the country on Thursday of providing weapons and ammunition to Russia for its war in Ukraine […]
Not all Africans are poor — this could arguably be the main message from the 2023 edition of the annual Africa Wealth Report by London-based Henley & Partners that reveals that the ‘Big 5’ wealth markets in Africa — South Africa, Egypt, Nigeria, Kenya, and Morocco — together account for a significant 56% of Africa’s […]
South Africa’s deputy president, David Mabuza, is to step down, President Cyril Ramaphosa announced on Thursday as he prepares to shake up his cabinet. The South African leader addressing parliament in Cape Town told lawmakers that his deputy told him he wishes to step down from his position. The President thanked David Mabuza, 62, for […]
Burkina Faso has denied claims that it awarded a mining permit to Nordgold just because it is a Russian company, its mines minister told the media on Sunday (5 February), rebuffing Western concerns that the ruling junta is seeking closer ties with Moscow. Burkina Faso allows all companies to operate in the west African country […]
The City of Cape Town is fighting for its right to purchase cleaner energy directly from independent power producers (IPPs). The City of Cape Town has petitioned the North Gauteng High Court in South Africa to buy up to 40 MW of renewable energy from IPPs. The City has taken Energy Minister Jeff Radebe and […]
Israel lambasted South Africa and summoned the South African Ambassador to Tel Aviv for explanation after President Zouma received on Sunday Hamas exiled leader Khaled Meshaal. Khaled Meshaal, the Political leader of Hamas movement which is controlling Gaza, was received on Sunday by the South African President Jacob Zouma and some leaders of the ANC, […]