First Independent Mena Newspaper
Cairo-based fintech startup, Telda, has landed $20 million in seeding funding from several investors including Jack Dorsey, former Twitter Chief Executive Officer, Bloomberg reports. The seed fund will serve the expansion into new markets. Telda also plans to use the money to build its product offering. “In Egypt dealing with money is still a complicated […]
Moldova is considering establishing an embassy in Egypt over the coming period as part of efforts to strengthen ties with the Arab country, the Deputy PM and Minister of Foreign Affairs of the European country has revealed. Nico Popescu made the announcement Tuesday as he met with Egypt’s Prime Minister Mustafa Madbouli. The two officials […]
The controversial Beijing-funded African Center for Disease Control (CDC) in Addis Ababa, Ethiopia that is due to open in the next few months is just one example of China’s increasing investment in health care on the African continent since the pandemic as it builds what analysts and Beijing call a ‘Health Silk Road’. According to […]
The weak growth trajectory of Africa’s three largest economies, Egypt, Nigeria and South Africa, which together account for about 60% of Africa’s GDP, could exacerbate social unrest in the region, a report by UNCTAD, the United Nations trade body, has warned. Growth prospects in South Africa and across the continent have deteriorated, which threatens to […]
Climate representatives from more than 40 countries who gathered for a pre-COP27 climate summit in the Democratic Republic of Congo’s capital, Kinshasa, have called out rich nations for failing to honor a $100bn per year funding pledge to developing countries. Dozens of ministers and senior delegates are in Kinshasa this week for a final meeting […]
Kinshasa, the capital of the Democratic Republic of Congo (DRC), is hosting this October 3 and 4 the COP27’s preparatory meeting (PRECOP27), a platform of exchange and debate that will bring together about sixty Ministers of Environment and/or Energy as well as representatives of negotiating groups, the UNFCCC Secretariat and representatives of civil society, ahead […]
Only three African nations control about 56% of the continent’s total wealth, according to the 2022 Africa Wealth Report published by UK investment consultancy firm Henley & Partners in partnership with South African wealth intelligence firm New World Wealth. South Africa, Egypt, Nigeria, Morocco, and Kenya are Africa’s wealthiest countries. The first three countries possess […]
Morocco’s efforts to combat human trafficking and migrant smuggling as well as their connection with money laundering, were highlighted at a conference in Sharm el-Sheikh, Egypt. Morocco has made significant efforts to deal with organized crime, mobilizing technological tools in searches and investigations, noted Mohamed Chabib, judge at the Public Prosecutor’s Office. He was speaking […]
The demise of Tunisia’s regional foreign policy was sealed by President Kais Saied who led his country to become a vassal state serving Algeria’s schemes in the region, on top of which supporting separatism in southern Morocco. Saied offered a state welcoming reception to leader of the self-proclaimed SADR republic Brahim Ghali, whom he invited […]
Following in the UK’s footsteps, also Germany has now signed an agreement to transfer ownership to Nigeria of the Benin Bronzes, among Africa’s most culturally significant artifacts, looted in the 19th century. The Foundation of Prussian Cultural Heritage (SPK) and Nigeria’s National Commission for Museums and Monuments (NCMM) inked the deal on Thursday (25 August) […]