First Independent Mena Newspaper
Although palm oil production has been linked to environmental damage and human rights abuses, it remains an important industry providing jobs and contributing to economic growth in several countries in Africa. The global palm oil market size reached US$53.1bn in 2022 and looking forward, the market is expected to reach US$67.6bn by 2028, exhibiting a […]
In their post-Covid recovery plans, East African countries are promoting niche products, such as cruise, adventure, culture and sports tourism, in emerging tourist markets such as China, in a strategy expected to spur growth in the sector. To reduce over-reliance on traditional source markets in Europe and the United States, East African countries are shifting […]
African countries should accelerate inclusive recovery efforts to boost economic growth to eliminate the impact of the shocks caused by Covid-19, the war in Ukraine and climate change, all of which have pushed more people into extreme poverty and have increased inequality worldwide, according to Antonio Pedro, the Executive Secretary of the United Nations Economic […]
Botswana’s government has revised upwards its 2022 economic growth forecast to 6.7% from an earlier estimate of 4.2 per cent, the country’s Finance Minister Peggy Serame said on Monday according to Reuters. Serame, who was speaking during an annual budget speech, argued that the 2022 revision was linked to the diamond-rich southern african country’s strong […]
Africa’s bilateral trade with China surged to a record high in 2022, highlighting how Beijing’s commercial influence over the continent continues to dwarf that of the United States. Beijing’s push to promote imports from Africa and rising commodity prices pushed trade up 11% to $282 billion last year. China’s exports to Africa were $164.49 billion, […]
With numerous external and internal headwinds, it is easy to be pessimistic about Africa’s prospects, yet, time and time again Africa has proved resilient and hence also in 2023 many African countries will continue to fare well, despite the odds, says an annual report launched by Brookings Institute launched on Monday (30 January). Since the […]
The Moroccan Government decided at the cabinet’s weekly meeting Thursday to extend the state of health emergency until February 28, 2023, to continue to ensure the effectiveness and efficiency of measures taken by public authorities to stem the spread of the Covid-19 pandemic. The Government Council examined and adopted a draft decree, presented by the […]
Morocco will ban travelers coming from China to enter its soil following the “alarming” spike in COVID-19 cases in the Asian country, the foreign ministry announced in a statement. The decision will enter into force starting January 3, 2023 and will last until further notice. The statement issued on Saturday said “all travelers arriving from […]
The Moroccan Government decided at the cabinet’s weekly meeting Thursday to extend the state of health emergency until January 31, 2023, to continue to ensure the effectiveness and efficiency of measures taken by public authorities to stem the spread of the Covid-19 pandemic. The Government Council examined and adopted a draft decree, presented by the […]
The US Development agency USAID has donated to Côte d’Ivoire more than 2 million doses of Pfizer to help the West African country to tackle the COVID-19 pandemic. The US embassy in capital Abidjan said in a statement that the vaccines will support the efforts of authorities to vaccinate 52 per cent of the population, […]