First Independent Mena Newspaper
Nigeria, Africa’s largest economy, is seeking the exclusive BRICS membership to enhance its global economic influence that would also allow it to loosen its ties with the West, according to experts. According to Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, the West African country hopes to join the influential economic alliance within two years, stressing […]
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 […]
Diplomatic relations between India and Africa have expanded rapidly since the early 2000s but, with India aspiring to become the 21st century’s next superpower, the relationship between both sides will be driven by business links, trade and the joint efforts to reshape the international institutions. At the recent G20 summit in New Delhi, Indian Prime […]
India has validated exports of rice to seven countries including Côte d’Ivoire, Cameroon, Guinea and Seychelles several months after banning the export of the crop in view of meeting the needs of the domestic market and reducing increasing prices. Per the decision to lift the ban, ‘Sika Finance’ reports, India will send 1.34 million tons […]
Moroccan and Indian businessmen highlighted, on Saturday in Marrakech, the business and investment opportunities offered by Morocco and India to operators from both countries in various fields. During a roundtable organized by the Confederation of Indian Industry (CII) and the General Confederation of Moroccan Enterprises (CGEM) on the sidelines of the 2023 Annual Meetings of […]
India’s Prime Minister Narendra Modi, Chair of the African Union & Pdt. of the Comoros Azali Assoumani, President of France Emmanuel Macron, World Bank Chief Ajay Banga, IMF Managing Director Ms. Kristalina Georgieva and Head of European Commission Ms. Ursula von der Leyen have expressed “full solidarity with the Moroccan authorities and people” following the […]
After years of campaigning, the African Union (AU) is likely to become a member of the Group of 20 (G20) largest economies during or even before the New Delhi G20 Summit (9-10 September), though not everyone is excited about India’s push for the inclusion, with many pointing to Africa’s being a large continent with diverse […]
The leaders of the BRICS countries meeting at its three-day summit in Johannesburg have reportedly agreed on a roadmap for how to allow new states to join their group of emerging economies. “We have agreed on the matter of expansion,” South African Foreign Minister Naledi Pandor said and added that further details would be provided […]
India made it clear that invitations to the BRICS summit due on August 24 in Johannesburg are unilaterally made by the South African government. In New Delhi, the Indian federation government has issued a statement saying that the invitations extended by South Africa for the BRICS/Africa meeting, due in Johannesburg, are based on a unilateral […]
A BRICS currency replacing U.S dollar is a ‘ridiculous’ idea, says the top economist who named the group — especially in light of the fact that China and India are not able to even agree on BRICS membership expansion that will shape the organization’s future. The BRICS group has revealed its internal divisions, with India […]