First Independent Mena Newspaper
Half of the ten least performing currencies in the World are African, said a Bloomberg report, highlighting the risk facing some of the continent’s devalued currencies due to lack of dollar liquidity. Zambian kwacha, the Angolan kwanza, and the Nigerian naira are in the top 3 most fragile African currencies, according to the report. Zambia’s […]
Zambia and the Democratic Republic of Congo (DRC) have agreed to reopen their border after successful negotiations that have resolved a trade dispute between the two countries that led Zambia to briefly close its border over the weekend. Zambia announced on Sunday (11 August) it had closed its border with its northern neighbor after the […]
A top US general has denied recent claims by Zimbabwean government officials that Washington is establishing a military base in neighboring Zambia and is supporting the country economically in a bid to isolate Zimbabwe within the region. General Michael Langley, head of US Africa Command, or AFRICOM, described as “absolutely false” Zimbabwe’s claims that the […]
Zambia reiterated its support for Morocco’s territorial integrity and sovereignty over all its territory, including the Moroccan Sahara, and underlined the relevance of the Moroccan Autonomy Plan as the “only credible, serious and realistic solution” to the Sahara issue. This position was expressed in a Joint Communiqué issued Friday following talks in Rabat between visiting […]
The European Union has recently launched 17 new regional programs, most notably including ‘The Team Europe Initiative on Opportunity-Driven Skills and Vocational Education and Training’ and the ‘Africa-Europe Youth Academy’, aiming to boost youth mobility and skills in Africa. The 17 new regional programs under the flagship of Youth Mobility for Africa were launched by […]
The European Union’s recently agreed-upon Critical Raw Materials Act (CRMA) does not target China but is aimed “simply [at] diversifying sources of supply,” a senior EU official has said, just as a recent study highlighted the bloc’s continuing efforts to close deals with resource-rich African nations to reduce its dependence on China for critical raw […]
The unprecedented drought that has enveloped large parts of southern Africa since late last year has impacted more than 6 million people in Zambia, 3 million of them children, nearly half of Malawi’s population and 30% of Zambia’s, United Nations Children’s Fund (UNICEF) has warned. The drought in Zimbabwe, Zambia and Malawi has now reached […]
Africa will play a “huge role” in America’s critical mineral strategy, says US Deputy Treasury Secretary Wally Adeyemo who used his five-day trip to South Africa to express his country’s ambitions of securing metals needed for the global energy transition. Africa’s natural richness, which includes many so-called critical minerals, such as chromium, cobalt, copper, gold, […]
South Africa, Zambia, and Zimbabwe, three of the largest maize producing countries on the continent, expect their output to slash this year due to a shortage of rainfall. Heatwaves and drought heavily compromised the maize harvest of the three countries as well as smaller producers such as Lesotho and Botswana, according to recent official reports. […]
Zambia has declared the debilitating drought the southern African country is currently going through a national disaster and emergency, with its president saying the crisis brought on by El Niño has devastated the agricultural sector, affecting more than one million families. Declaring the severe drought a national disaster and emergency, Zambian President Hakainde Hichilema on […]