GUINEA:
The Minister of Economy and the World Bank, the Undersigned of a Signature: "The Minister of Economy and Finance, Malado Kaba, has signed two agreements this Wednesday with the Representative of the World Bank, Mr. Rachidi RAJoi, in the conference room of the said Ministry. These two agreements concern, respectively, the additional financing of the technical assistance and capacity building project for Governance in Guinea and the financing of the urban water project. In his speech, Rachidi Rajoi mentioned that the additional financing of the technical assistance and capacity building project for economic governance will strengthen the development of Guinea in the economic governance sector. Thereby, it is a grant of 22 million that will provide support to the Government to continue its efforts to improve governance in the human resources management sector, but more generally in the management of public finances..."
SENEGAL:
Partnership Between India and Senegal: From 2016 to 2017, the Volume of Trade Reached 1 Billion Dollars: "To improve trade between India and Senegal, the Embassy of India in Senegal organized, at the Chamber of Commerce, Industry, and Agriculture of Dakar (Cciad), this Wednesday, a meeting entitled ''business opportunities between Senegal and India.'' During this meeting, the Ambassador of India to Senegal revealed that the volume of trade between Senegal and his country reached 1 billion US Dollars in the period 2016 -2017..."
TANZANIA:
Strandline Obtains Environmental Approval for the Fungoni Project: "Strandline stated that it had received an environmental impact assessment for its heavy mineral sand project in Fungoni, Tanzania. The granting of this license to the company is a prerequisite for the issuance of a mining permit on the project. "This is a major step for the company in its strategy to become, in short term, a producer of low-cost mineral sands," comments the DG, Luke Graham..."
NIGERIA:
Nigeria Is Collaborating with the European Union to Create a Unique Digital Market in the Country: "According to Adebayo Shittu, the Nigerian Minister of Communications, the federal government of Nigeria is currently collaborating with the European Union to create a digital market in the country. This unique market should allow individuals and businesses to use ICTs to carry out various business activities on the Internet. To achieve the full realization of this ambition, Nigeria needs to improve people's access to digital goods and services in all the country, conditions conducive to the growth, and development of digital networks and services, to stimulate the growth of the digital economy. For the Minister of Communications who spoke on the subject, at the closing ceremony of the Information Communication Technology and Telecommunication Expo 2017, held in Lagos, on July 25, 2017, this collaboration with the European Union falls at appointed point..."
IVORY COAST:
Energy: The Regional Ambitions of Ivory Coast: "Ivory Coast expects to boost its energy capacity by 2020 while increasingly turning towards renewable energies. Ivory Coast perseveres in its ambition to illuminate the whole region. As part of the program to strengthen the power fleet that it launched in 2011 from an installed capacity of 2,000 megawatts (MW) to 4,000 MW by 2020, the country is relying on a reorganization of the energy mix by developing hydraulics and renewable energy to reduce the proportion of heat (coal, gas, or oil), which remains predominant (more than 80% of the current fleet) ..."
GABON:
The Recapitalization of the Three Public Banks in Difficulty Could Cost up to 150 Billion CFA Francs: "The option of recapitalization, one of the possible solutions to save the three Gabonese public banks from the closure, could cost between 100 and 150 billion CFA Francs, learned Ecofin agency from an official source. In this context, it is understandable why the announced restructuring of these three banks since December 2016 is yet to start effectively. For the time being, the three banks concerned are under temporary administration, and the government is working to find ways and means to save them. According to some experts, it would be preferable to completely liquidate two of them, because it would be much cheaper than an attempt at recapitalization..."
TOGO:
Orabank-Togo, Strong Support for Development at the Grassroots Level: "The agreement is intended to grant ORABANK-Togo the authorization as a financial operator (OF) of the PAEIJ-SP credit funds. It also sets out the practical terms and conditions governing the management of the PAEI-SP credit funds, the financing of start-ups, simplified cooperative corporations (SCOOPS), and SMEs in the agricultural sector, supervised by the PAEIJ-SP and the performance criteria expected of the financial operator. The total amount of the credit line covered by the agreement is five billion three hundred and sixty million (5,360,000,000) CFA Francs."
Crédit : IMPERIUM MEDIA
