First Independent Mena Newspaper
The Atlantic Sahara is called upon to become a strategic corridor of connectivity and opening-up between two continents, Africa and Europe thanks to the major energy projects launched under the impetus of King Mohammed VI. The remarks were made by Minister of Energy Transition and Sustainable Development, Leila Benali, in Dakhla on Friday, in a […]
Tunisia’s Ministry of Industry, Mines, and Energy has clarified that the decrease in production at the Al Borma oil field stems largely from a natural annual decline of approximately 8 percent, compounded by operational hurdles linked to the financial difficulties of the Italo-Tunisian Petroleum Exploitation and Distribution Company (SITEP). Responding to a parliamentary inquiry by […]
Morocco’s state-owned phosphate giant, OCP Group, is set to close 2025 with investments totaling 53 billion dirhams – as part of an already announced 13 billion-dollar investment plan by 2030- driven by major projects including the expansion of fertilizer production capacity, according to a government report attached to the 2026 draft finance bill. Published by […]
Africa is losing billions each year to twin economic threats: climate-induced natural disasters and illicit financial flows, a new series of reports reveal. According to a new report by the Coalition for Disaster Resilient Infrastructure (CDRI), natural disasters inflict $12.7 billion in annual damage to infrastructure across the continent. Floods alone account for nearly 69% […]
Ethiopia is set to break ground on a mega nuclear power plant, Prime Minister Abiy Ahmed announced Tuesday (9 September), unveiling a sweeping $30 billion infrastructure agenda aimed at transforming the country’s energy, transport, and industrial sectors. Speaking at the inauguration of the Grand Ethiopian Renaissance Dam (GERD) — Africa’s largest hydropower project — Ahmed […]
Ways of accelerating Moroccan-Mauritanian cooperation in electricity and renewable energies were at the center of talks held Monday in Nouakchott between Moroccan minister of Energy Transition Leila Benali and Mauritanian Minister of Energy Mohamed Ould Khaled. The talks, held on the sideline of 7th Mauritanian Energy & Mining Conference & Exhibition (Mauritanides), were an opportunity […]
In a renewed show of diplomatic and strategic alignment, Russian President Vladimir Putin has declared the Republic of Congo a “reliable and time-tested friend,” highlighting the Central African nation as a key entry point for Moscow’s growing influence across the continent. The statement came during Putin’s recent meeting with Congolese President Denis Sassou Nguesso in […]
Despite mounting global economic uncertainties, East Africa remains on a steady growth path, driven by investments in infrastructure, energy, agriculture, and digital innovation. According to a recent Deloitte’s 2025 East Africa Economic Outlook, the region is set to be the fastest-growing on the continent, even as high inflation, rising debt, and currency volatility pose significant […]
The military-led governments of Mali, Niger, and Burkina Faso have unveiled plans to fund a new regional investment bank with a portion of their national tax revenues, signaling a deepening break from traditional financial partners and regional bodies. Each country will contribute approximately 5% of its annual tax revenues to the bank, which aims to […]
Morocco has successfully established itself as a leading economic hub for Africa through strategic investments and active economic diplomacy, according to African Union Commission President Mahmoud Ali Youssouf. Speaking at a ceremony in Addis Ababa celebrating the 26th anniversary of King Mohammed VI’s accession to the throne, Youssouf highlighted Morocco’s transformative role in continental development. […]