Thursday 25 April 2024 - 05:15:07

BUSINESS

Home BUSINESS Page 3

MARROCO: 34 approved projects with a total cost of more than $1.2 billion

A total of 34 projects were reviewed and approved by the Investment Committee in Morocco, meeting on Wednesday under the chairmanship...

AFRICA – African Development Bank adopts new policy to denounce abuses

Bank contractors, consultants and suppliers subject to sanctions under new whistle-blowing policyOn 25 April, the African Development Bank Group launched a...

WAEMU AREA – Growth of 5.4% of Gdp over one year

Economic activity in WAEMU remained buoyant in the first quarter of 2023, with a 5.4% increase in GDP over one year,...

AFRICA: The Franc CFA will finally be replaced.

This fight against the currency, the FCFA, long led by many pan-Africanists, is likely to know its epilogue insofar as by 2020, it could...

WORLD FOOD – Poor countries to cut food imports

Even if world production of maize, milk or meat is expected to increase in 2023, food imports from the poorest countries...

SENEGAL – Tysilio inaugurates a solar station near Sédhiou in Casamance

Tysilio Senegal, a subsidiary of the French group, has just inaugurated the 39.68 kWp Tysilio solar station (TSS) in Sefa, near...

DJBOUTI – The country inaugurates its first wind farm

Red Sea Power (RSP) wind farm near Ghoubet Bay will provide 60 Megawatts of clean energy, increasing overall capacity by 50%...

SENEGAL: Signing of the financing of the port of Ndayane

Senegal’s Minister of Fisheries and Maritime Economy, Alioune Ndiaye, and Dubai Port World signed an agreement on Tuesday, December 22, 2020,...

RWANDA: First smartphone 100% “made in Rwanda”.

Rwandan President Paul Kagame inaugurated the first Smartphone production plant called Mara Phone on Monday, October 7, 2019. A first in the African continent...

SENEGAL – New presidential command aircraft received in July

GOVERNMENT ANNOUNCEMENT - On July 16, Senegal will receive a new nine A320neo presidential command aircraft acquired from the Airbus company,...

GABON: The government will spend 4,700 billion CFA in three years to boost the...

The coronavirus pandemic has further weakened, as it has throughout the world, and its impacts on the economies of African countries...

SENEGAL – PRESS RELEASE: AKON CITY: “We restore the truth and wash the honour...

Akon City is a futuristic city, designed for the department of Mbour in Senegal, on the small coast. It was the...

IVORY COST: Déborah Bénédicte N’Cho, the one who dreamed of being her own boss.

Déborah Bénédicte N'Cho is the founding director of the company "Debenjo", specialized in the manufacture of shoes such as sandals, mules and barefoot for...

ALGERIA – World’s tenth largest gas producer and fourth largest gas exporter

Algeria is the world’s tenth largest producer of gas and the fourth largest exporter of gas, and only Russia and Norway...

SENEGAL – Senegal hopes to earn $30 billion over 30 years from oil fields

Petrosen Exploration & Production estimates that revenues from oil and gas exports are expected to peak in the 2030’s and then...

SENEGAL – ZIRCON: 90% for France and 10% for Senegal

Lompoul, is a small desert area located in the northwest of Senegal, halfway between Dakar and Saint-Louis. It will be the...

SENEGAL – Two Egyptians hijack boats and hide them at the Port of Dakar

The accused claim that they were seeking refuge in the Senegalese capital to flee Guinea-Bissau and their boss who reportedly threatened...

AFRICA: Eco, the single currency of ECOWAS, postponed to 2025

The governments of the countries of the Economic Community of West African States (ECOWAS), meeting in ordinary summit on Sunday 24...

EGYPT: Country announces first oil discovery of 2021

The American junior Apex International Energy announced on Monday (January 18th) that it had acquired a new crude field in the...

GHANA – Accra hosts Annual Meetings of the African Development Bank in May 2022

Ghana will host the 2022 Annual Meetings of the African Development Bank Group from 23 to 27 May in its capital, Accra....

MADAGASCAR – A project to build two cable car lines before 2023

The Malagasy government has an ambitious plan to build two cable car lines before the 2023 Islands Games. The project, unveiled...

NIGERIA: Billionaire Dangote in court in Dakar.

The court in Dakar was to consider yesterday a complaint for "scam, forgery and use of forgery and criminal conspiracy" filed by the heirs...

AFRICA – AfDB’s Fashionomics Africa Initiative Launches $6,000 Sustainable Fashion Contest

The African Development Bank’s Fashionomics Africa initiative is launching a new sustainable fashion competition with its partners. African designers of sustainable and...

AFRICA – Cleaning the grid: Electricity generation in Africa

The imperative to respond to climate change is clearer than ever. At the same time as our technological horizons expand and...

EXPORTS – African leaders to unlock exports

African leaders involved in the peace negotiations on Ukraine have called for the unblocking of Russian grain and fertilizer exports to...

AFRICA – Signing of a $4 millions agreement between the ADB and ONU Women...

The African Development Bank and UN Women sign a $4 million financing agreement to support women entrepreneurs in West Africa. The collaboration...

AFRICA: The African economy is doing well.

Projected at 3.9% in 2020 compared to 3.4% in 2019, Africa’s economic growth is showing good forecasts according to the prospects of the African...

SENEGAL – The Regional Express Train finally put into circulation on 27 December 2021

The President of the Republic of Senegal Macky Sall proceeded to the inauguration of the Regional Express Train on Monday, December...

SENEGAL – Coumba Dioukhané received the 2021 SHE “Sophisticated, High networth, Excellence Award” in...

Coumba Dioukhané is a committed and ambitious model of a woman, a personality determined as we like. She is characterized by...

EGYPT – Even Given ship owners to pay $900 million to Egyptian authorities

Egypt sued for $900 million in damages from the Japanese ship Ever Given, which disrupted Suez Canal traffic at the end...

GUINEA: Beny Steinmetz sentenced to 5 years in prison by the Geneva Criminal Court

The case dates back to 2008 when the Franco-Israeli businessman was awarded Blocks 1 and 2 of Simandou by Lansana Conté,...

IVORY COAST: Marie-Jeanne Igba, director of L’AgenceLL ‘Eleganz: “Observe and change our world !

Marie-Jeanne Igba is the director of AgenceLL 'Eleganz. It is a digital medium that highlights the beautiful profiles of expanded diversity and supports women's...

GUINEA – Authorities demand repatriation of mining revenues

Moussa Magassouba, Minister of Mines and Geology of Guinea, asked mining companies operating in Guinea to repatriate 50% of export earnings....

MADAGASCAR: Resumption of flights between Madagascar and Reunion in October

It was the Prime Minister of Madagascar Christian Ntsay who announced it: regional air links with the sister islands, including Reunion, will...

SENEGAL – TER DE DAKAR: Deficit, Sncf Tone Down  

A year after its inauguration, the TER is well behind its financial goals but also its attendance. A year ago, the...
Advertisement

CHAUD TOO CHAUD