SENEGAL:
Modernization of cities: 70 billion CFA Franc of the AfDB in Senegal: ""Senegal has obtained from the African Development Bank (AfDB) a loan of 114.34 million Euro or about 70 billion FCFA for the Cities Modernization Program (Promovilles). The signing of this loan agreement was signed as part of the meeting of Finance Ministers of the Franc Zone in Abidjan by the Minister Amadou Bâ, and Janvier Litse, the General Manager of the Regional Office for West Africa," says a statement from the Ministry of Finance..."
Fatick city sanitation project: Good level of execution of a project of more than 9 billion FCFA: "The sanitation project of Fatick city is taking shape. On either side of the boulevard, the workers are on the job. The separative network (wastewater and rainy waters) is densifying. The rainy waters station will be rehabilitated before the start of the wintering. The city's network of infrastructures follows its course. The total amount of the project is estimated at more than 9 billion CFA Franc..."
The co-founders of Wari set up the CBWAS against Kabirou Mbodjie: ""Co-founders of Wari with Kabirou Mbodj, Seyni Camara, Malick Fall and Sheikh Tague seized a letter from the governor of the Central Bank of West African States (CBWAS) with extension to the Ministry of Economy, Finance and Planning and to the Credit Money Department. The latter stated that they sent him the missive to inform him of certain facts relating to the Wari case," informs "Liberation..."
IVORY COAST:
Zone CFA: The fight against money laundering slows down the interchangeability of the CEMAC and WAEMU banknotes: ""The fight against money laundering and terrorism slows down the interchangeability of banknotes between the two major zones using the CFA Franc," said the governors of the two concerned central banks in Abidjan on Friday. Linked to the euro by a fixed parity system, the CFA Franc is the currency of 14 francophone countries of West and Central Africa, totaling 155 million inhabitants: eight belonging to the West African Economic and Monetary Union (WAEMU) and six to the Economic Community of Central Africa (CEMAC)..."
The ministers of Finance reiterate their commitment to implement the development of the Franc Zone: ""The ministers of Finance, the governors of the Central Banks and the presidents of the regional institutions of the Franc Zone reiterated their commitment to work on the development of this initiative and to implement sustainable economic policies for the benefit of the populations," according to the final statement that sanctioned the meeting in Abidjan. Gathered on Friday, regarding the economic context marked by international and regional uncertainties, they reaffirmed their attachment to the principle of regional solidarity in order to provide concerted and common responses to the economic, social and security problems that some states face..."
The economic emergence of Ivory Coast by 2020: Myth or reality: "The conference that brought us together today for keeping us around "the Ouattara governance to the test of the challenges of development and democratic requirements in Ivory Coast", leads inevitably to insert in this thematic context, the concept of emergence, which constitutes its major political ambition and the driving force behind its action. However, as soon as it is necessary to define it very precisely, it presents itself as a concept with rather blurred contours, which faces many problems, as to the exact determination of its nature, or to qualify an emerging state..."
CAMEROON:
The Sanaga project on the rails: "The Drinking Water Supply Project of the city of Yaoundé and its surroundings starting from the Sanaga River (PAEPYS) is gradually taking shape. The Minister of Water and Energy, Basile Atangana Kouna, realized this, in the 2nd of April 2017, during an evaluation visit to the site of the worksite. As regards the level of progress of the work, the project manager wants to be reassuring..."
The companies and households save the equivalent of a 13% of GDP: "In a study conducted by the global center of expertise in macroeconomics and public finance, the World Bank notes with regard to the domestic private savings in Cameroon, that companies and households save the equivalent of a 13% of the GDP of the country, which revolves around 19,000 billion CFA Franc. The Bretton Woods institution notes that the bank deposits from households account for a 38% of total deposits, while those made by the private companies account for about a 29%..."
BENIN:
The World Bank is supporting the government's 500 million Dollar program of action: ""The World Bank has allocated 500 million Dollar to support the Government Action Program (GPA)," announced at the beginning of the week the presidency in a statement. "This is an unprecedented amount in the history of relations between the two actors and a genuine encouragement for the government at the initiative of this program"..."
MALI:
37 billion Coris Bank for a gold project in Mali: ""The banking holding Coris Bank International (CBI) based in Ouagadougou has just granted a loan of 37 billion CFA Franc to the Company of Mines of Komana (SMK) to finance the development of the Yanfolila gold project in Mali," informed APA from its officials. The Mining Company of Komana is the Malian subsidiary of the English mining company Hummingbird Resources. CBI is the first banking institution in Mali to finance the construction of a mine in this country. The loan will be made in two tranches: A first 45% will be delivered immediately to Hummingbird and a second of a 55% allocated in the next five months..."
Crédit : IMPERIUM MEDIA
