First Independent Mena Newspaper
With the United States facing growing vulnerabilities in its critical minerals supply chain, a new Brookings Institution study urges Washington to forge stronger partnerships with Africa — home to an estimated 30% of the world’s proven reserves. Critical minerals, essential for sectors from defense to clean energy, are heavily concentrated in a few global regions. […]
Trade between India and Africa increased by 9.3% between fiscal year 2021/2022 and 2022/2023, reaching $98 billion, according to India’s external affairs minister, as more than 30 African countries have benefited from India’s duty-free tariff preference (DFTP) scheme for least-developed countries. Speaking at the Confederation of Indian Industry (CII) and Exim Bank of India conclave […]
In Senegal, Exim Bank of the United States has made a preliminary commitment worth $ 86 million for Senegal’s rural electrification projects. The preliminary commitment is the first that Exim Bank has approved under a recently signed memorandum of understanding with Senegal’s Ministry of Economy, Planning and Cooperation. If the transaction reaches final board approval, […]