First Independent Mena Newspaper
The Moroccan Government decided this Thursday at the cabinet’s weekly meeting to extend the state of health emergency until December 31, 2022, 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 […]
International Finance Corporation (IFC) will invest 12.18 billion shillings ($100 million) in Nairobi-listed Diamond Trust Bank (DTB) to support small and medium enterprises (SMEs) impacted by Covid-19, Zawya reports, citing Kenyan Wall Street newspaper. The investment will be in senior debt under its Covid-19 emergency response working capital solutions scheme (WCS FIGE). IFC initiated the […]
South African President Cyril Ramaphosa has called for the African Union (AU) to be made a permanent member of the G20, a group of 20 countries with leading economies which come together to discuss policy on health, trade and other issues. Speaking during the Working Session on Food and Energy Security at the G20 Leaders’ […]
Prince Moulay Rachid, President of the Marrakesh International Film Festival Foundation, gives a warm welcome back to the movie-lovers from around the world to the festival which opens doors this Friday after a two-year pause due to Covid-19 restrictions. “After a two-year absence due to the pandemic, we are pleased to welcome you again for […]
This year’s African Investment Forum (AIF), the continent’s premier investment platform, attracted a record $63.8bn in investment pledges for infrastructure projects, but experts warn of historically low success rates in bringing projects into fruition. The vast networking event brings together African entrepreneurs, decision-makers, bankers. In 72 hours, the African Development Bank (AfDB) and its partners […]
The economies of East Africa face rather bleak prospects for growth this year because of the increasing risk of debt distress, widening fiscal and current deficits and limited economic diversification plans, according to the latest forecast by the African Development Bank (AfDB). The AfDB forecasts the region’s GDP at 4% this year, before recovering to […]
The Moroccan Government decided Thursday at the cabinet’s weekly meeting to extend the state of health emergency until November 30, 2022, 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 African business community has maintained its bullish outlook on the benefits of the African Continental Free Trade Area (AfCFTA), as it weathers global instability, mainly due to the Russia-Ukraine war and the after-effects of the COVID-19 pandemic. African business advocacy group the Pan-African Private Sector Trade and Investment Committee (PAFTRAC) has published the results […]
The effects from the COVID-19 pandemic aftershocks and the Ukrainian crisis have led to rising commodity prices, surging inflation, and shifts in the global financial situation that have transformed African trade and production capabilities, according to the latest figures published by the International Monetary Fund (IMF). After over-performing in its post-pandemic recovery in 2021, Africa’s […]
France Football Magazine awarded Monday the Senegalese forward of Bayern Munich the Socrates Prize for his charity work in his home country. “The Socrates Prize identifies the best social initiative by committed champions,” said a statement from France Football magazine. The French weekly sport magazine has added the humanitarian award to the global iconic 2022 […]