First Independent Mena Newspaper
Ethiopia’s federal government has accepted the African Union’s invitation to hold peace talks with Tigray forces in South Africa this weekend, which are aimed at ending the ongoing civil war and halting hostilities against the country’s Tigray region leadership. African Union (AU) chief Moussa Faki Mahamat extended the invitation to the peace talks in a […]
The weak growth trajectory of Africa’s three largest economies, Egypt, Nigeria and South Africa, which together account for about 60% of Africa’s GDP, could exacerbate social unrest in the region, a report by UNCTAD, the United Nations trade body, has warned. Growth prospects in South Africa and across the continent have deteriorated, which threatens to […]
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 […]
Only three African nations control about 56% of the continent’s total wealth, according to the 2022 Africa Wealth Report published by UK investment consultancy firm Henley & Partners in partnership with South African wealth intelligence firm New World Wealth. South Africa, Egypt, Nigeria, Morocco, and Kenya are Africa’s wealthiest countries. The first three countries possess […]
As Africa reflects on the legacy of Britain’s Queen Elizabeth II, from Kenya to Nigeria to South Africa, the monarch’s passing has reignited a sensitive debate about Britain’s colonial past in parts of the continent, particularly the queen’s role as head of state during British rule. The death of the British monarch has prompted an […]
The French energy giant TotalEnergies has submitted an application to convert its exploration right offshore South Africa into a production right and the country’s authorities expect the company to submit a production plan within weeks to utilize a prolific offshore gas discovery that will form a key part of increasing investment in the sector. The […]
The demand for Chinese 5G smartphones across Africa continues to rise, as more countries on the continent keep testing 5G networks and their citizens are upgrading from 4G smartphones to 5G-enabled ones. Despite the slow pace of 5G network infrastructure development in Africa, the enthusiasm among people across the continent to be part of the […]
UM6P Ventures, an investment arm of Mohammed VI Polytechnic University, has announced investing in South African company De Novo Dairy, which produces animal-free dairy products that provide the same taste and nutrition as the traditional dairy products. De Novo Dairy specializes in the production of milk proteins using precision fermentation of yeast strains. This allows […]
Unlike in 2021, this year, Google is funding an equal number of men and women-founded startups through its Black Founders Fund, which embodies the tech giant’s commitment to invest in Black entrepreneurs in Africa. Google started its Black Founders Fund following the wave of concern in 2020 after the George Floyd protests in the US […]
Togo and South Africa are mulling several cooperation in areas of security at the time the West African country is reeling against terrorism in the northern region at the border with Burkina Faso. The Togolese Defense Minister Gnakade E. Marguerite held talks last week in Lome with Robina P. Marks, the South African ambassador to […]