First Independent Mena Newspaper
Nigerian naira, Malawian kwacha and Rwandan franc have been named the worst-performing African currencies against the US dollar in 2024, according to a latest report, having faced an array of challenges, from persistent trade imbalances, dwindling foreign reserves, to political instability. Some African nations strengthened their currencies, while others faced worsening exchange rates in 2024. […]
African and other developing nations have rejected as “insufficient” a $300 billion deal on climate finance that was agreed by negotiators at the United Nations’s COP29 climate talks in Baku, Azerbaijan, to help developing nations adapt to climate change. Richer nations agreed to pay at least $300 billion annually until 2035 to help developing countries […]
In a proactive move to safeguard public health, Malawi has launched comprehensive screening measures for mpox at all its entry points. This decisive action comes in the wake of the country’s first two suspected cases, sending ripples of concern through the nation and putting health authorities on high alert. The threat of mpox looms large […]
Malawi, grappling with a severe El Niño-induced drought, has received a much-needed financial boost. An insurance payout of $11.2 million has been disbursed to the southern African nation, offering a glimmer of hope in the face of a dire food crisis. This payout comes at a critical time for Malawi, one of the world’s poorest […]
From Nigeria to Uganda, leaders from across Africa are watching closely the youth-led anti-government protests in Kenya that, according to experts, could inspire youth across the continent. Kenyan President William Ruto on Friday (19 July) appointed the first 11 members of his new cabinet, but he has yet to appoint a finance minister, under whose […]
Malawi has reiterated firm support for Morocco’s autonomy plan offered for the Sahara under its sovereignty, saying the Moroccan plan is the ONLY credible, serious and realistic solution to the Sahara regional conflict. The supportive stand was voiced by Mrs. Nancy Tembo, the Foreign Minister of this African country, following her talks held Tuesday in […]
Currently a minor player in the rare earth market, African mines have the potential to supply almost 10% of the world’s rare earth elements by 2029, thereby introducing alternative suppliers into a market currently dominated by China, according to a latest forecast by Benchmark Mineral Intelligence. China’s current domination of the global market for rare […]
Malawi’s President Lazarus Chakwera has announced 21 days of national mourning after the wreckage of the small military plane carrying the late Vice President Saulous Chilima, a former first lady and seven other passengers was discovered by authorities on Tuesday (11 June). Chilima and eight others were killed on impact after the twin propeller aircraft […]
Malawi’s Vice-President, Saulos Chilima, and nine others were killed when a small military plane crashed in a northern mountainous region, the country’s president said in a live televised address on Tuesday. The wreckage of the plane was found after a search that lasted more than 24 hours since it disappeared on Monday (10 June) but […]
Malawi’s Vice-President, Saulos Chilima, and nine others were killed when a small military plane crashed in a northern mountainous region, the country’s president said in a live televised address on Tuesday. The wreckage of the plane was found after a search that lasted more than 24 hours since it disappeared on Monday (10 June) but […]