MOZAMBIQUE:
The authorities are planning a production of 340,000 tons of sugar in 2017: "In 2017, the Mozambican sugar production is expected to reach 340,000 tons, an increase of 16.4% compared to last year," said Jorge Manjate of the Agrarian Development Fund (FDA) of the Ministry of Agriculture and Food Security. According to Mr. Majante's remarks reported by Macauhub, the revision to the rise is due to the good rains recorded throughout the agricultural campaign 2016/2017 that favored the development of cultures, allowing presage to increase yields. This situation contrasts with the bad results recorded last year (11.2% drop in the cane-sugar crop and 16% in sugar production), caused by insufficient rainfall that reduced water supply for irrigation, especially in the south of the country..."
IVORY COAST:
Ivory Coast has sold by anticipation 940,000 tons of cocoa of the season 2017/2018: ""Ivory Coast has sold by anticipation approximately 940,000 tons of cocoa of the 2017/2018 harvest until last May 26," reported to Reuters two close sources of the file, requiring anonymity. "In addition, the Coffee-Cocoa Council (CCC) plans to market 1.2 million tons of brown gold by the end of September," says the same sources. As a reminder, Ivory Coast had suspended in November 2016 electronic auctions for the season account 2017/2018 in front of the fall of cocoa rates in particular at their lowest level for three years in the world market..."
SENEGAL:
The Kaffrine Region produced 194,000 tons of peanuts during the wintering season in 2016: "In 2016, the Kaffrine Region in central west Senegal produced during the winter 194,000 tons of peanut, a volume in slight decrease of 2% in relation to previous harvest (198,000 tons). This is what indicates to the Senegalese Press Agency (APS) by Samba Ndao Tall, its Director of Rural Development. According to the executive, the recorded negative result is explained by the drop in the yields of oilseeds due to the precipitations which were interrupted early during the season, even though the emblaved areas have passed to 221,115 hectares (ha), against 206 900 ha in 2015. Concerning the outlook for the 2017-2018 season, Mr. Tall stresses that a return to rise is expected due to the reinforcement by the Senegalese state of the apparatus of production in small agricultural equipment and in tractors..."
Theft of electricity costs 46 million Dollars to the State per year: "Theft of electricity cause a deficit of 27 billion Dollars (about 46 million Dollars) per annum to Senelec, the national company in charge of energy supply. "Fraudsters expose themselves and the populations concerned, so it is a scourge that must be fought. Theft and fraud of electricity must be corrected and inserted into the criminal code," outraged Makhtar Cissé, the Director of Senelec. For that, a special brigade of former gendarmes and sworn police officers will be established and will operate throughout the national territory, thereby allowing putting on foot the device of repression. The crime of electricity theft can lead, according to the person in charge, to a sentence of 2 months to 2 years of prison close..."
MALI:
THE WEST AFRICAN DEVELOPMENT BANK (BOAD) MAKES THE POINT: "There are 549.1 billion for 129 operations in Mali in 2017. Information issued by its resident representative, Mr. Marcel Aboumon, during a seminar. It was in a modest hotel in Bamako that the BOAD convened its expanded meetings with partners. A headquarters delegation in Togo as well as several economic actors and communication specialists were present. Marcel Aboumon wanted to situate on the fiduciary provisions of the Bank with essence institutional dedicated to the actions of the states of WAEMU. In March 31, 2017, BOAD invested a total of 549.1 billion CFA Francs for 129 operations in Mali. The knowledge of financial standards remained a prerequisite in order to have a B to B with local actors to build partnerships. Efficient use of funds made available to States and the private sector. The guarantee of their financial security to avoid the laundering of capital and the environmental stakes are the challenges of the time of the BOAD..."
CAMEROON:
Noble Energy will co-produce with SNH 47 billion cubic meters of gas and 18 million barrels of condensates: "The National Hydrocarbons Corporation (SNH) has signed, in Yaoundé on June 1, with the Texane Noble Energy Company, a production sharing contract of 47 billion M3 of natural gas and 18 million barrels of condensates on the Yoyo block, located in the Douala/Kribi-Campo Basin. Kelly Latter, the Vice President of Noble Energy, indicated that this contract with the Cameroonian side, represented by Ernest Gbwaboubou (Minister of Mines) and Adolphe Moudiki (SNH CEO), covers a duration of 25 years, renewed once for ten years..."
NIGERIA:
June petroleum exports should reach their highest level since 15 months: "In Nigeria, the re-opening of the Trans Forcados pipeline will boost petroleum exports which will reach, according to Reuters, their highest level since the last 15 months. During this month of June, the pipeline network is expected to reach the level of 1.75 million barrels exported per day through 58 tankers. This will confirm Nigeria's place as the most important oil exporter of West Africa. The last time that this country has exported as much oil wаѕ at the beginning of the year 2016 following the reduction agreement of the Vienna offer..."
Crédit : IMPERIUM MEDIA
