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Egypt, Bulgaria sign defense, energy MoUs

CAIRO, EGYPT | Xinhua | Egyptian and Bulgarian officials on Saturday signed here memorandums of understanding (MoUs) for cooperation in the fields of defense and natural gas, according to a joint statement released by the Egyptian Foreign Ministry. The MoUs were signed during the first meeting of the joint cooperation …

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DRC Defense Minister rushes to North Kivu as the fights intensify

Rutshuru, Uganda | THE INDEPENDENT | Democratic Republic of Congo (DRC) Prime Minister and National Minister of Defense, Jean-Pierre Bemba, on Friday rushed to North Kivu province as the fight between the March 23 Movement (M23) rebels and Armed Forces of Democratic Republic of Congo (FARDC), militia coalition under their umbrella …

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Somalia’s parliament approves country’s membership in EAC

MOGADISHU,  Somalia | Xinhua | Somalia’s parliament on Saturday approved the Treaty of Accession to the East African Community (EAC), completing the country’s eighth membership in the regional bloc. The Second Deputy Speaker of the House of the People of the Federal Parliament of Somalia, Abdullahi Omar Abshir, said 148 out …

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Sub-Saharan Africa GDP to double by 2040 to US$4.5trillion

London, England | THE INDEPENDENT | Research from market research company Euromonitor International has forecast the GDP of Sub-Saharan Africa to double by the year 2040 from the 2022 figure of US$ 2 trillion to over USD 4.5 trillion. Euromonitor’s report, Sub-Saharan Africa: A Rising Economic Frontier, looked at the …

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