First Independent Mena Newspaper
Rwanda’s ambitions to become Africa’s health and biotech hub received a major endorsement this week, as the European Union announced a €95 million ($103 million) investment to bolster the country’s vaccine manufacturing, biotechnology, and economic inclusion efforts. Unveiled in Brussels during the Global Gateway Forum, the funding marks a deepening partnership between the EU and […]
Pharmaceutical manufacturer Pharmaprom is set to invest 75 million dirhams in expanding its production facility in Lissasfa near Casablanca, signaling growing confidence in Morocco’s pharmaceutical sector. The expansion, led by CEO Naoual Benyezzar, aims to significantly increase the company’s industrial and logistics capabilities as it targets 150 million dirhams in revenue within three years. The […]
The first issue of the Middle East and North Africa Journal on Violence and Extremism (MENAVEX) has been officially released. This marks the launch of the region’s first peer-reviewed scientific journal dedicated exclusively to the study of extremism and terrorism. Published in both print and electronic formats, the journal is supported by a distinguished scientific […]
Three years after Russia’s invasion of Ukraine, African economies continue to grapple with the long-term effects of the conflict, with many nations still feeling the sting of rising inflation, disrupted supply chains, and escalating debt risks. A new report from the Overseas Development Institute (ODI) highlights that while some regions, such as East Africa, have […]
China’s 45th naval fleet has in recent weeks visited Tanzania, Mozambique and Madagascar in what experts say is Beijing’s show of force designed to help cement the Asian powerhouse’s diplomatic ties in Africa. After the People’s Liberation Army’s (PLA) Navy stopped many of its African port visits during the Covid-19 pandemic, it has now begun […]
The number of Chinese workers across Africa has plummeted to its lowest level in more than a decade, according to data from China’s National Bureau of Statistics, with experts saying the continent is unlikely to see the high numbers of the past even though postponed China-run projects are now being restarted. After decades when Africa […]
Africa imports between 70 and 80% of its medicines, according to Akinwumi Adesina, the President of the African Development Bank (AfDB), who also warned that the continent suffers an annual loss of $2.6 trillion yearly due to lack of productivity caused by ill-health. Speaking at a recent ceremony in Lagos where he was honored with […]
With the interest rates likely to stay high in 2024, governments across Africa are presented with a unique challenge and dilemma as they struggle to pay off rising levels of accumulated debt at the same time as they are being urged by the International Monetary Fund (IMF) to cut costly fuel subsidies and raise more […]
The Moroccan economy has made remarkable progress and impressive export growth, particularly in industrial sectors such as automotive and renewable energies, said Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva. “Morocco has exported 700,000 cars, which shows the country’s upward trend in this highly competitive sector. The North African Kingdom also manufactures aircraft […]
Egypt’s national carrier EgyptAir has added new routes serving India and the United Kingdom, namely Cairo to Manchester and Cairo to New Delhi. The Manchester-bound flights will kick off on July 15 with plans to operate five weekly round trips on Tuesdays, Thursdays, Fridays, Saturdays, and Sundays, using the Boeing B737-800NG model. The first flight […]