BUSINESS
SENEGAL – Link Sunugal International: an asset for the autonomy and future of Senegal

A wind of hope is blowing on the Senegalese diaspora. It is neither mistral nor tramontane. Supported by the International Business Council – Invest (IBC), “Link Sunugal International”, in a spirit of solidarity and belonging, is preparing to travel across Europe to strengthen links between the Senegalese diaspora and local opportunities. This event, sponsored by Camille Bounama Sylla, ambassador and honorary president of the association, will take place from November 2024 to March 2025. A quintet of European cities is part of a dynamic of support for Senegalese entrepreneurship and promotion of the Social and Solidarity Economy (SSE).
IBC, the keystone
Founded in 2019 by enthusiasts, the IBC, driven by a common ideal, has established itself as a pioneering structure in support of diaspora economic projects. Operating as a non-profit organization, this organization, with thousands of volunteer members around the world, shares a common interest: to see Senegal shine through its own sons and daughters. The association, by facilitating the creation of networks and the establishment of partnerships, supports members through mentoring, access to industry experts and training for better business management.
Link Sunugal International: an alternative financing call
More than just a tour, Link Sunugal International is an appeal for funding and financial autonomy. From Stuttgart to Paris, via Offida, Madrid and Lisbon, this odyssey will bring together actors whose mission will be to channel the resources of the diaspora to boost a dynamic of progress in Senegal, with the objective of curbing illegal immigration. The digital universe of e-marketing and e-banking will be widely explored. It will be an opportunity for exhibitors to gain international visibility, which will not only promote their products but also develop networks across borders.
An XXL program: training, meetings and gala evening
The day will begin with a warm welcome, exchange of glances and smiles. Each guest will receive the honors due to him. In this symphony of exchanges and know-how, crucial topics such as project financing, the fight against illegal immigration and investment strategies will be discussed in depth. A second, equally important phase will consist of a sharing of experiences among Senegalese entrepreneurs, with the intervention of APIX Senegal, which will present opportunities for local and diaspora investors.
IBC, an effective participatory network
The IBC is not content with promises or fine words. She has achievements, including a farm in Diembering, which covers 16 hectares and combines agricultural training, poultry farming and product processing. Thanks to a 100,000 euro grant, this farm employs more than 500 young people and women who are trained to become development engines for an autonomous and prosperous Senegal. Through this tour, the IBC is boosting and mobilizing funds for concrete socio-economic projects. The Link Sunugal International tour is an invitation to build, hand in hand, an autonomous and solidary future for Senegal. The IBC invites everyone to write together a new chapter for Senegal.
BUSINESS
TOGO – The manganese mine of Nayega enters into operational phase

The presidency of Togo has announced that the project to exploit the manganese mine of Nayega, located in the Savanes region in the north of the country, is entering its operational phase. According to a statement issued on June 10, 2025, production is scheduled to start at the end of June 2025, with an initial volume of 4,000 tons per month, which should gradually double to reach 8,000 tons per month.
Keras Resources is the technical partner retained by the Togolese government to carry out this project. A statement from Keras, relayed by the presidency, details that the company signed a cooperation agreement in 2023 with the Togolese state, owner of the mine through the Togolese Manganese Company (STM). Under the terms of this agreement, Keras will receive a remuneration of 1.5% of the mine’s gross revenue for three years for its advisory services, as well as 6% for brokering services.
The reserves of the Nayega mine are estimated at 8.5 million tonnes, which would allow exploitation over a period of 11 years. The authorities of Lomé welcome the expected contribution of the mine to the national budget, a benefit that should be strengthened by the rigorous management of the generated revenues, as indicated by our colleagues from Agence Afrique.
With a growing global demand for manganese, particularly in steel alloys and renewable energy technologies, Togo is seeking to assert itself as an essential supplier of this strategic ore. This positioning could play a catalytic role for the national economy, always according to information from the Africa Agency.
Source: senego / Photo credit: Republicoftogo.com
BUSINESS
GABON – The end of frozen chicken imports in 2027

The Gabonese government decided on Friday to ban the import of broilers in order to promote national poultry production and ensure food security, according to the final communiqué of the council of ministers chaired by the head of state, Brice Clotaire Oligui Nguema.
The ban will be effective from 1 January 2027, thus leaving a period of 18 months (1 year and 6 months) for actors in the sector to structure themselves, invest and prepare to meet national demand.
“This measure aims to restore domestic poultry production, boost agricultural investment, reduce food dependency and strengthen the trade balance,” the government hopes. Gabon also hopes to foster “the emergence of a network of rural jobs, the rise in quality of products consumed locally and the creation of an economic ecosystem around this sector”.
The government has also planned a detailed operational plan to be presented within 45 days by the ministers responsible for economy and trade.
Libreville dreams of reducing its dependence on poultry imports and strengthening the country’s food security. In addition, the promotion of local poultry farming should have a positive impact on rural areas, generating jobs and contributing to the development of a vibrant poultry ecosystem.
Imported frozen chicken is the most consumed food in Gabon because of its low price and packaging ready to be thrown into a pot.
“The star of the freezer” is how Gabonese people refer to frozen chicken because it is often the only food, if not the default food, found in the freezers of Gabonese families.
Frozen chicken and meat are generally imported from Latin America and Europe. Their massive presence on the market has destroyed local production.
The Council of Ministers also announced a ban on exporting crude manganese from 1 January 2029. The objective is to promote local industrial development, create jobs and maximize the value of this resource, of which Gabon is the world’s second largest producer.
Sources: gabonactu.com
BANK
BAD: Mauritanian Sidi Ould Tah takes the reins of the institution

Mauritania is in the spotlight. On Thursday, May 29, 2025, Sidi Ould Tah was elected president of the African Development Bank (AfDB), at the annual meeting of the institution held in Abidjan. He succeeds Akinwumi Adesina of Nigeria, in office since 2015.
His election came after a hard-fought duel against Samuel Munzele Maimbo of Zambia, who finished in second place. The election, which was marked by major geopolitical and economic issues, took place against a background of high expectations regarding governance and development financing on the continent.
The Senegalese Amadou Hott, long perceived as one of the favorites, finishes in third place, followed by the South African Bajabulile Swazi Tshabalala. Despite significant diplomatic support, notably for Hott, the momentum in favour of Sidi Ould Tah has prevailed in the last few rounds.
Former minister and general manager of the Arab Bank for Economic Development in Africa (BADEA), Sidi Ould Tah is recognized for his experience and strategic vision. He will officially take office on 1 September 2025.
Photo credit: Forbes Africa
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