First Independent Mena Newspaper
Sub-Saharan Africa’s economic activity is expected to slow significantly in 2022 and remain relatively modest in 2023 and looking ahead, the outlook remains highly uncertain, the International Monetary Fund (IMF) said in its latest Regional Economic Outlook for Sub-Saharan Africa. A downturn in advanced economies and emerging markets, tighter financial conditions, and volatile commodity prices, […]
France Football Magazine awarded Monday the Senegalese forward of Bayern Munich the Socrates Prize for his charity work in his home country. “The Socrates Prize identifies the best social initiative by committed champions,” said a statement from France Football magazine. The French weekly sport magazine has added the humanitarian award to the global iconic 2022 […]
Members of the Association of British Travel Agents (ABTA) are meeting in Marrakesh to discuss the industry issues, challenges and the future of travel & tourism. This year’s ABTA oversea travel convention, taking place from 10 to 12 October in Morocco’s red city, marks a return to in-person meetings after two-years of restrictions due to […]
The controversial Beijing-funded African Center for Disease Control (CDC) in Addis Ababa, Ethiopia that is due to open in the next few months is just one example of China’s increasing investment in health care on the African continent since the pandemic as it builds what analysts and Beijing call a ‘Health Silk Road’. According to […]
East African economies will decline this year driven due to political instability, unreliable rainfall and reducing agricultural yields, says the latest Macroeconomic Outlook Report for East Africa published by Deloitte, the world’s largest consulting firm. The report that covered Ethiopia, Kenya, Rwanda, Tanzania and Uganda shows that the region’s gross domestic product (GDP) has been […]
With more than half of the textiles sold by South African retailers are imported from abroad, out of which nearly 60% of those imports come from China, local retailers are signing on to a master plan by the government to support local businesses in an effort to bolster the country’s clothing and textile sector. As […]
At the United Nations General Assembly, leaders from Qatar, Senegal and Turkey called for immediate peace talks between Moscow and Kiev to end Russia’s invasion of Ukraine, as Germany and France denounced Putin’s imperialism in its smaller neighbor. Russia’s invasion of Ukraine has taken centre stage at the UN General Assembly on Tuesday (20 September), […]
The next 12-18 months will be “very difficult” for African banks as widespread inflation, currency devaluations and interest-rate hikes sweep the region, a senior director of credit ratings agency Fitch said on Wednesday (21 September). African economies have struggled over the last year in the face of external forces including lingering effects from the COVID-19 […]
Feux de Brazza, an international festival of tradition dances, is set to resume in December after eight years of suspension owing to several factors including the pandemic. The decision came from the organizers after days of reflection held over the weekend. Per decisions, the festival will take place Dec. 7-10 with “Contribution of traditional instruments […]
Africa’s volatile Sahel region risks becoming a forgotten crisis because of the many competing emergencies around the world, a senior United Nations official has warned. The head of the regional office for West and Central Africa for the Office of the Coordination of Humanitarian Affairs, Charles Bernimolin, noted that millions of people in six Sahel […]