First Independent Mena Newspaper
Rwanda’s ambitions to become Africa’s health and biotech hub received a major endorsement this week, as the European Union announced a €95 million ($103 million) investment to bolster the country’s vaccine manufacturing, biotechnology, and economic inclusion efforts. Unveiled in Brussels during the Global Gateway Forum, the funding marks a deepening partnership between the EU and […]
Pharmaceutical manufacturer Pharmaprom is set to invest 75 million dirhams in expanding its production facility in Lissasfa near Casablanca, signaling growing confidence in Morocco’s pharmaceutical sector. The expansion, led by CEO Naoual Benyezzar, aims to significantly increase the company’s industrial and logistics capabilities as it targets 150 million dirhams in revenue within three years. The […]
The first issue of the Middle East and North Africa Journal on Violence and Extremism (MENAVEX) has been officially released. This marks the launch of the region’s first peer-reviewed scientific journal dedicated exclusively to the study of extremism and terrorism. Published in both print and electronic formats, the journal is supported by a distinguished scientific […]
Africa’s mounting debt burden — now standing at 64.3% of the continent’s GDP — is choking vital investments in health, education, and infrastructure, warns the United Nations Economic Commission for Africa (UNECA). Speaking at a recent Africa Regional Forum on Sustainable Development, UNECA executive secretary Claver Gatete painted a sobering picture: out of 144 Sustainable […]
Three years after Russia’s invasion of Ukraine, African economies continue to grapple with the long-term effects of the conflict, with many nations still feeling the sting of rising inflation, disrupted supply chains, and escalating debt risks. A new report from the Overseas Development Institute (ODI) highlights that while some regions, such as East Africa, have […]
China’s 45th naval fleet has in recent weeks visited Tanzania, Mozambique and Madagascar in what experts say is Beijing’s show of force designed to help cement the Asian powerhouse’s diplomatic ties in Africa. After the People’s Liberation Army’s (PLA) Navy stopped many of its African port visits during the Covid-19 pandemic, it has now begun […]
The number of Chinese workers across Africa has plummeted to its lowest level in more than a decade, according to data from China’s National Bureau of Statistics, with experts saying the continent is unlikely to see the high numbers of the past even though postponed China-run projects are now being restarted. After decades when Africa […]
Africa imports between 70 and 80% of its medicines, according to Akinwumi Adesina, the President of the African Development Bank (AfDB), who also warned that the continent suffers an annual loss of $2.6 trillion yearly due to lack of productivity caused by ill-health. Speaking at a recent ceremony in Lagos where he was honored with […]
Commercial International Bank, CIB, of Egypt has secured $148 million from the African Development Bank (AfDB), in form of financial package earmarked to support Small and Medium Enterprises (SMEs) as well as trade amid a shortage of foreign currency in the North African country due to complex endogenous and exogenous macro-economic and geopolitical factors. Including […]
Conde Nast Traveler hails the Moroccan capital for its dynamic music festivals, prestigious architecture and luxury hotels, thus raising it among the jewels of travel and one of the best destinations in Africa. The Moroccan capital of Rabat may be one of the country’s four imperial cities, but it’s long been bypassed by travellers drawn […]