First Independent Mena Newspaper
Trade between Nigeria and neighboring Niger has bounced back since the West African bloc ECOWAS lifted sanctions on the latter coup-hit country, just as the president of the ECOWAS Commission admits Niger, Mali, Burkina Faso’s withdrawal will cost the regional bloc as much as US$1 billion. In January 2024, the three countries led by military […]
With Chinese lending to Africa shrinking, the continent must focus on increasing its internal trade, diversifying trade-able goods away from commodities, and developing and solidifying its relationships with other global economic partners, according to a senior official at the Asia Business Council. The continent has long had robust economic ties with China, but now faces […]
China’s recent announcement that it was expanding its tariff-free policy to additional African countries, namely Angola, Gambia, Congo, Madagascar, Mali and Mauritania, may be a catalyst for new opportunities amid criticisms about the trade imbalance, according to experts. The Chinese government announced on 25 December 2023 that it was granting the additional six African states […]
Libya’s General Federation of Chambers of Commerce, Industry, and Agriculture has proposed a new commercial crossing on the border with Egypt to facilitate the flow of goods and enhance bilateral trade, separate from the Salum land crossing used by individuals, Libya Observer reports. Mohamed Al-Raeed, head of the federation, held discussions on the initiative during […]
The British government has appointed Rob Butler new trade envoy to Morocco, a gateway for investors to African markets. His mission is to strengthen further trade and economic partnership between the two countries Rob is a member of the ruling Conservative party. He was elected MP for Aylesbury in 2019. He was a TV news […]
Diplomatic relations between India and Africa have expanded rapidly since the early 2000s but, with India aspiring to become the 21st century’s next superpower, the relationship between both sides will be driven by business links, trade and the joint efforts to reshape the international institutions. At the recent G20 summit in New Delhi, Indian Prime […]
The renewed flare-up in Israeli-Palestinian conflict has caused an outrage across Africa but it has also prompted heated debates in different countries in the continent about how to reconcile the gap between their economic and trade goals and their political and cultural realities. Thousands of protesters have marched across the Middle East and Africa on […]
Some 130 leaders from Africa and other world’s regions have gathered in China for a two-day meeting organized by the Chinese government that marks the 10th anniversary of its Belt and Road Initiative (BRI). The summit that kicked off on Tuesday (17 October) is the third BRI Forum for international cooperation. Launched a decade ago, […]
Over the past two decades, Africa’s trade partnerships have significantly shifted away from Europe, with Asia emerging as the primary trading partner, a recent analysis by Mo Ibrahim Foundation noted, whereby this development is underpinned by high‑growth corridors both between African regions and with regions beyond including Asia and the Middle East, according to a […]
Russian President Vladimir Putin announced that his government is actively working on preparing trade agreements with four Arab countries, with Morocco being one of the key partners. The announcement was made during a Cabinet meeting, reported the Russian news agency, TASS. In his address, Putin said his nation is focused on establishing free trade zones […]