First Independent Mena Newspaper
US president Donald Trump reiterated his country’s recognition of Morocco’s sovereignty over the Sahara and described autonomy as the only solution to the dispute. “I also reiterate that the United States recognizes Moroccan sovereignty over Western Sahara and supports Morocco’s serious, credible, and realistic Autonomy Proposal as the only basis for a just and lasting […]
Canada has launched its inaugural Africa Strategy, a comprehensive policy aimed at enhancing economic cooperation, security, and shared prosperity between Canada and African nations. Developed through extensive consultations over two years, the strategy, launched on 6 March, seeks to strengthen trade, promote peace, and foster sustainable development, particularly through youth empowerment and infrastructure development. The […]
Economic growth in Sub-Saharan Africa is expected to decelerate this year by slumps in economic powerhouses South Africa, Nigeria and Angola, the World Bank has announced, expressing fears of a lost decade for the continent, faced with growing instability. For the current year, growth should reach 2.5%, compared with 3.6% last year, due in particular […]
Africa50, an infrastructure investment platform that contributes to Africa’s growth by developing and investing in bankable projects, signed Monday in the Togolese capital of Lome, a Memorandum of Understanding (MoU) with the International Solar Alliance (ISA) to support and finance solar projects in Africa. The deal, Africa50 notes, advances the organizations’ mutual goal of increasing […]
The United Kingdom is to cut import taxes on hundreds more products from some of the world’s poorest countries, which is a part of its wider push to use trade to “drive prosperity and help eradicate poverty”, as well as reduce dependency on aid. The Department for International Trade said Monday (15 August) the scheme […]
Morocco continues to make notable progress in economic liberalization, according to 2017 Index of Economic Freedom created by the Heritage Foundation and Wall Street Journal. The North African country, which ranked 8th in Africa and 86th globally, is benefiting from a commitment to economic reforms that encourage a dynamically evolving private sector, says the annual […]
A stronger trade and economic integration among the countries of the Middle East and North Africa is an essential reform that is likely to deliver economic growth on a scale and timetable that would create enough jobs and prosperity for the rapidly growing populations in these countries. “More trade integration would not only create growth […]