First Independent Mena Newspaper
With the support from the European Union and the United States, Angola, Democratic Republic of Congo (DRC) and Zambia hope soon to realize their ambitious plans to shore up their green energy resources — and face up China’s influence. In October 2023, the EU and the US passed a declaration to support efforts to revive […]
Emerging and frontier markets in Africa now have a reason for cautious optimism in 2024 following a recent announcement by The Federal Reserve (Fed) signaling possible cuts of up to 75 basis points in the coming year. New forecasts from central bank officials showed a turn from the hawkish rate environment Fed Chairman Jerome Powell […]
The United States had delivered more than 40% of commitments made at the United States-Africa Leaders Summit (USALS) one year ago, which hosted about 50 African heads of government in Washington DC, senior US government officers have said. Speaking during a digital press briefing on the one year anniversary (14 December), they pointed out that […]
While China has announced plans to boost the use of the Chinese currency renminbi in Southern Africa, part of Beijing’s efforts to diminish use of the dollar, a new study by Carnegie Endowment for International Peace (CEIP) highlights a number of major obstacles that stand in the way of BRICS’ de-dollarization efforts. In a visit […]
After a year of record temperatures, deadly floods and devastating wildfires, not least in Africa, the annual UN summit — the COP28 climate conference — opened in Dubai on Thursday (30 November), aiming to stave off climate catastrophe. Hosted by the oil-rich United Arab Emirates, the discussions at 28th edition of the Conference of the […]
Africa cannot achieve food security without improving intra-continent trade, according to a senior official of the Alliance for a Green Revolution in Africa (AGRA) who was speaking at the recent 2023 Africa Day for Food and Nutrition Security Commemoration and the Comprehensive Africa Agriculture Development Program (CAADP) Partnership Platform meeting in Lusaka, Zambia. Organized by […]
The two-day Global Gateway Forum that wrapped up in Brussels on Thursday (26 October 2023) saw the European Union sign three strategic partnerships with its partners to develop critical raw materials value chains and boost transport connectivity. During the event, the 27-member bloc signed three Memoranda of Understanding (MoU) — for a partnership on critical […]
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, […]
A UN agency has given Zambia and Zimbabwe permission to build a $5 billion hydropower dam downstream from Victoria Falls, a UNESCO World Heritage Site, according to the authority overseeing its construction. Environmentalists have protested the 2,400-megawatt Batoka Gorge project, which is located 47 kilometers from the world’s largest waterfall, saying it would have a […]
African nations have been divided over which side to support in the conflict between Israel and Hamas, but African leaders have still unanimously called on warring parties to halt deadly confrontations that erupted on 7 October when the Palestinian militant group launched a surprise assault. With the African Union (AU) having been divided over the […]