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The Pan-African Economy in Brief of 06/03/2017

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SENEGAL :


Major ESP infrastructure projects: the return of French groups to Senegal: "Lose ground under the presidency of Abdoulaye Wade (2000-2012) against American, Chinese, Indian, Moroccan or Gulf groups , French companies seem to be returning to force today, especially in the major infrastructure projects of the Emergent Senegal Plan, ESP ... "


SONACOS is ready to buy 200,000 Tons of groundnut seed (SONACOS Director): "The National Senegal Oilseed Company (SONACOS SA) is in the process of buying nearly 200,000 Tons of groundnut seed this year, That production is not sufficient, said in Paris on Friday, its General Manager, Pape Dieng. "We have money to buy, but unfortunately there are no seeds," Dieng said, noting that SONACOS has collected today 71,300 Tons against 7,000 Tons 'last year…"


Official visit of the President Adama Barrow to Dakar: Senegal-Gambia: A new impetus: "The Gambian president is in Dakar since yesterday, late morning, for his first official trip as head of state. Adama Barrow, accompanied by his wife and a strong government delegation, was greeted with great pomp by his counterpart, Macky Sall and his wife, in the presence of the entire government and the authorities of the Republic ... "


CAMEROON :


The Deutsche Bank launches capital increase for 8 billion Euros: "The German bank giant Deutsche Bank announced on Sunday the launch of a capital increase to raise about 8 billion Euros, as well as various measures to reduce Its costs while strengthening its financial base. The Frankfurt group intends to issue close to 690 million new shares, with a subscription right for current shareholders, the result of which will enable it to raise "around 8 billion Ruros, "It said in a statement ..."


ICT: The World Bank proposes the dismantling of CAMTEL: "During a workshop held in Yaoundé in the 2nd of March 2017, Elisabeth Huybens, director of operations of the World Bank, explained that the dismantling of Cameroon Telecommunication (CAMTEL) will promote the emergence of bandwidth for all ... "


Housing and industrial base of Mbankomo: 115 billion CFA available: "Two loan agreements signed in Yaoundé yesterday between the State of Cameroon and Intesa Sanpaolo, Italian bank. Yaounde and Mbankomo are expecting the construction of 10,000 social housing units and a building industry in the next few days. Originally, yesterday signed two loan agreements with a cumulative amount of 115 billion francs for the financing of the first phase of the project to build 10,000 social housing units in Yaoundé and its surrounding area and an industrial base to Mbankomo ... "


IVORY COAST :


A Moroccan delegation expected in Abidjan to prepare the kingdom's participation in SARA 2017: "In attraction at the 54th edition of the International Fair of Agriculture, IFA, in Paris which ended on Sunday, the Manager of the Moroccan agency of agricultural development, Mr. Mohamed Elguerrou, announced in an interview with APA the very coming arrival of a delegation of his country in Abidjan to prepare the participation of the kingdom in the 4th edition of the Fair of agriculture and animal resources (SARA ) Scheduled from the 17th to the 28th of November in the Ivorian economic capital ... "


More than 151 billion CFA invested in hotels in Ivory Coast in 2016 (GM Ivory Coast Tourism): "More than 151 billion CFA were invested in hotels in Ivory Coast in 2016, Announced in an interview with APA, the General Manager of Ivory Coast Tourism (National Tourist Office), Jean-Marie Somet, adding that the direct contribution of the tourism sector to the Ivorian economy is estimated at more than 580 billion CFA ... "


Support for the Ivorian government in the implementation of social projects: The World Bank announces the increase in its budget: "The World Bank has decided to respond favorably to the cry of the heart of the Ivorian populations who say they do not benefit from the economic growth of which Speaks for the Ouattara government for several years. Mr. Makhtar Diop, the Vice President of the World Bank Africa who was received by the Ivorian Prime Minister Amadou Gon Coulibaly promised that about 150 million Dollars will be made available to the Ivorian State ... "


BURKINA FASO :


Trade in cashew nuts: The 2017 campaign launched in Banfora: "The launch of the 2017 marketing campaign for cashew nuts took place in Banfora in the 28th of February. It was the Minister of Transport, Urban Mobility and Road Safety, Mr. Souleymane Soulama, who gave the starting point of this campaign, under the theme: "Promotion of the cashew sector, dynamic contribution to sustainable development of Burkina Faso ..."


Africa has a 60% of the world's uncultivated land, according to FAO: "According to the Food and Agriculture Organization of the United Nations, Africa is still far from realizing its potential agricultural. Indeed, the continent would house a 60% of the uncultivated land in the world ... "


The EU is injecting 117 million Euro to reinforce food and nutrition security in Burkina Faso: "In the 27th of February, the European Union signed a financing agreement with Burkina Faso of 117 million Euros, In support of the Food and Nutrition Security, Sustainable Agriculture and Resilience Support Program (FNSSARSP) ... "

 

 

Crédit : IMPERIUM MEDIA