SENEGAL:
Doudou Ka, the General Administrator of the Priority Investment Guarantee Fund (FONGIP): In 3 years of activities, 35 billion FCFA of financing: "Invited to the Internal Tourism Week organized by the Sapco in Cap Skiring, from the 5th to the 11th of April 2017, the Administrator of the Priority Investment Guarantee Fund (FONGIP) was involved by L'Observateur, to make a summary report of its three years of activity. An opportunity seized by Doudou Ka to slide on the political field and evoke his hand extended to the boss of the Union of Centrists of Senegal (UCS) and the mayor of Ziguinchor, Abdoulaye Baldé, the biggest local opponent of the presidential camp..."
Guinea Bissau / Senegal: The Chinese oil giant emerges from the waters: "After the failure in last February of the agreement to sell a 65% of its shares on AGC Profond at Woodside, Impact Oil has found a lessee of these shares. These include CNOOC UK Limited, a subsidiary of the Chinese oil giant CNOOC. CNOOC has also acquired the status of the license operator. From now on, the AGC Profond's shareholding is composed of CNOOC UK Limited (65%), Impact Oil & Cas (20%) and the AGC company controlled by the Guinea-Bissau and Senegalese governments, (15%). The value of the transaction was not disclosed..."
Implementation of its Strategic Plan 2016-2020: The SENELEC acquires a new Customer Information System, a project of 5 billion CFA Franc: "Mr. Mouhamadou Makhtar Cissé, the General Manager of the SENELEC, in the company of Mr. Francesco Paolo Venier, the Ambassador of Italy, has launched the New Customer Information System (NCIS). It is a project of 5 billion CFA Franc, funded by the World Bank and which will be operational within 18 months. It is within the framework of the implementation of its Strategic Plan 2016-2020 that the SENELEC has acquired this New Customer Information System (NCIS) which it intends to deploy..."
CAMEROON:
Maitre Akere Muna calls on the government to make good use of the recommendations of the latest World Bank report: "In a comment on his official Facebook page, the former President of the Advocates Order of Cameroon thinks that the World Bank has made important proposals that can help to improve the governance and enhance the transparency in the management of public companies..."
Cameroon and the IDB will launch a 15 billion FCFA program to finance the local SMCs: "The Cameroonian government and the Islamic Development Bank (IDB) are ambitious to launch a project called "Microfinance Cameroon", which will allow financing the Cameroonian SMCs to the tune of about 15 billion CFA Franc, under the conditions laid down by the Islamic finance..."
IVORY COAST:
Ouattara denounces ''fallacious information'' targeting the CFA Franc: "The CFA Franc, common currency in the West African Economic and Monetary Union (WAEMU - eight countries) "is doing well", said, in Abidjan on Monday, the Ivorian President Alassane, denouncing a smear campaign on this subject. "We have found that our currency is doing well, (it) is healthy and in good hands," declares Ouattara at the end of a special session of the WAEMU, of which he is the current President. "The WAEMU zone has exchange reserves that represent more than five months of imports, whereas the rule adopted is about three months," he continued, denouncing: "all the fallacious information circulating about the solidity and the durability of our currency"..."
Development of the Autonomous Port of Abidjan: 4 new RTG portals with a cost of more than 4 billion FCFA put into service: "Increasing the operational capacity of the Port Authority of Abidjan (PAA) and continuing the optimization process of the storage spaces set up in the containers terminal, it is the noble ambition that guides the investments of Abidjan Terminal of the Bolloré Group..."
The IMF recommends a revision of the economic and budgetary projections in Ivory Coast in 2017: "The IMF has made public the conclusions of discussions with the Ivorian authorities, in the context of the first review of the triennial economic and financial program supported by an agreement under the Extended Loan Facility (ELF) and the Extended Loan Mechanism (ELM). The mission led by Mr. Ghura visited Abidjan from the 22nd of March to the 6th of April 2017..."
The Indian Tata Motors delivers a batch of 117 buses to the SOTRA out of a total of 500 ordered: "The Indian carmaker Tata Motors announced, in a statement released in the 6th of April, having delivered a batch of 117 buses to the Abidjan Transport Company (SOTRA) out of a total of 500 ordered. Tata Motors also said in the same statement that the acquisition of 500 buses by the SOTRA is financed by a loan from the Indian Bank of Import and Export (Eximbank of India)..."
BURKINA FASO:
Telecel Faso goes on the offensive: "The third operator in the country will launch its 3G network in April. A new service aims at catching up its development lag in the country behind Onatel and Orange. While the Onatel-Orange duel promises to rage in Burkina Faso, the number three in the mobile phone sector sharpened its weapons. The Telecel operator, property of the Burkinabe businessman Apollinaire Compaoré, 64 years old, announces the launching of the 3G offer in April, already operational at Onatel (Telmob) and Orange..."
Crédit : IMPERIUM MEDIA
