First Independent Mena Newspaper
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) […]
The divorce rate in Egypt is on the increase as the country registered 245,777 last year, up from 22,036 cases the previous year according to data presented by the Central Agency for Public Mobilisation and Statistics (CAPMAS), Middle East Monitor (MEMO) reports. The increase in the number of divorces represents 14.7 per cent. The CAPMAS’s […]
The International Monetary Fund (IMF) is calling on Egypt to cancel all low-interest lending initiatives including loans for small- and medium-sized enterprises (SMEs) and businesses operating in the tourism and mortgage sectors, three government sources who asked not be named told Al-Sharq business. The Washington-based institution told the central bank to cancel all low-interest initiatives, […]
King Mohammed VI on Saturday delivered a speech to the Nation on the occasion of the 69th anniversary of the Revolution of the King and the People. Here follows the full text of the royal speech: “Praise be to God, May peace and blessings be upon the Prophet, His Kith and Kin Dear Citizens, Today, […]