NIGERIA :
The central bank is going to put more money on the market to raise the Naira: "In Nigeria, the central bank decided to increase the dollar availability in the country in order to raise the price of the Naira in the parallel market. While the country has decided a fixed exchange rate of 305 Naira for one Dollar last August, the US currency is yielding around 515 Naira on the black market. To achieve its objective, the bank now intends to allocate one million Dollar weekly to each of the country's 21 officially licensed commercial lenders at an exchange rate of 375 Naira for one Dollar. The maneuver will bring down the dollar on the black market around 380 Naira, the tariff charged by international firms specialized in the transfer of money ... "
The former oil minister convicted of corruption: Alison-Madueke must repay 153.3 million Dollar: "In Nigeria, former oil minister Diezani Alison-Madueke, accused of embezzling public funds, has been ordered to repay Federal government 153.3 million Dollar(140 million Euro). According to the prosecution, the money had been diverted from the Nigerian National Oil Company, NNOC, and placed in three banks at the request of Mrs. Alison-Madueke ... "
CAMEROON :
Climate change: Heat sends 10 billion CFA to SOSUCAM: "The sugar giant nevertheless reviews its ambitions upward for the 2016-2017 sugar campaign. The heavy heat that poured into Cameroon last year was not without consequence on agricultural production in general and on the production of the Sugar Company of Cameroon (SOSUCAM) in particular ... "
SONARA receives its new machines in July 2017: "Since the 15th of January, the National Petroleum Refining Company (SONARA) is in metal stop. Clearly, the company headed by Ibrahim Talba Malla Oumate is stopping and no longer refine oil because of maintenance work. "Given that the SONARA factory operates 24 hours a day for 365 days of the year, at a certain time, these units that are continuously running are shut down for maintenance. This is the current situation, "informs Claude Hagbe of the communication cell of SONARA ..."
70 billion CFA for a cement plant in Yaoundé: "Dangote Cement Cameroon took an active part in the 6th edition of the Promote 2017 fair from the 11th to the 19th of February 2017. For its second participation in this business meeting after 2014, The Douala-based cement plant has set up its institutional stand, which is illustrated by its modern design with an attractive branding with predominantly blue and white colors. With a team of 8 people at the disposal of the visitors for their reception and to inform each other according to their queries in the various areas of the company: cement manufacturing process, recruitment formalities of personnel, commercial policy , How to be a distributor of cement Dangote etc ... "
IVORY COAST :
The African Development Bank (AfDB) and Ivory Coast have signed 107 million Euros the 14th of February 2017) in Abidjan ( 70 billion CFA) of financing agreements. This is in favor of three agricultural projects, aimed at developing the agro-industrial and banking fabric in Ivory Coast, while promoting youth employment and the involvement of women through the intensive use of new technologies. These projects are part of the AfDB's strategy to initiate the transformation, modernization and competitiveness of agriculture in Africa ... "
Agriculture: Irié Lou and his comrades will receive 295 billion CFA: "The National Federation of Cooperative Societies of Viviers and Ivory Coast (FENASCOVI), with Irié Lou Colette at its head, will receive a financing of 295 billion FCFA. These funds will be disbursed by "Africa Bulding", an Italian group. This funding announced by Francisca Tirélli, my representative of the group, is a financial contribution that is part of the support program for food production and food security in Ivory Coast ... "
The Minister of the Economy and Finance evokes economic difficulties in 2017: "The Minister of the Economy and Finance, Adama Koné, affirmed Friday, at the Seminar 2016 report of the Treasury, that 2017 will be a particularly difficult year on the economic front, given that the global context is not doing well. According to Minister Adama Koné, at the level of the WAEMU area, the economies are not in the same way. "At the level of Ivory Coast, in 2016, we had a very good rate of growth, but with all that we have known as exogenous and endogenous shocks, resources have decreased," he said ... "
BURKINA FASO :
1.5 billion Dollar from Afreximbank for PNDES: "Burkina Faso will receive 1.5 billion Dollar from the African Export-Import Bank for its five-year economic and social development plan 2016- 2021. On the occasion of a visit by a delegation of the bank in Ouagadougou, the institution has committed to the head of the State of Burkina Faso, Marc Christian Kaboré ... "
Crédit : IMPERIUM MEDIA
