MALI:
The insurance sector awaiting the strategic study Finactu: "The actors of the Malian insurance, through the Committee of Insurance Companies of Mali (CCAM), and with the support of the supervisory authority of the sector within the Ministry of Finance, have mandated FINACTU to carry out a strategic and actuarial study on the development of a program contract. "This contract is a pact by which the insurance companies commit themselves to concrete measures to unlock the potential for the development of insurance," according a statement signed by both parties..."
World Bank Report: The Malian economy resists well: "Mali, Ethiopia, Kenya, Ivory Coast, Rwanda, Senegal and Tanzania, according to this institution, continue to show economic resilience, aided by the domestic demand. The World Bank recalls that those countries with annual growth rates of more than a 5.4% between 2015 and 2017, concentrate nearly a 27% of the region's population and account for a 13% of its total Gross Domestic Product (GDP). The report notes that the economic growth in the sub-Saharan Africa is rebounding in 2017, after recording in 2016 its lowest level in more than two decades. The region is showing signs of recovery and growth is expected to reach a 2.6% in 2017..."
MTDC: A net profit of 2,157 billion CFAF: "The Malian Textile Development Company (MTDC) held at Hotel de l'Amitié on Wednesday, the 19th of April, 2017, the 83rd Ordinary Session of its Board of Directors, under the presidency of Professor Baba Berthé, the CEO of the MTDC, in the presence of the president of APCAM, Bakary Togola, and all the administrators. After consideration of the items on the agenda, and at the end of the discussions, the administrators have approved the verbal procedure of the 82nd session of the Board of Directors of the MTDC Holding held in the 24st of December, 2016, and the management report of the CEO of the CMDT and instructed the President to present the report to the Ordinary General Meeting. They also approved the financial statements for the year ended in the 31st of December, 2016, which show the following results: Turnover of 216.673 billion CFAF; a net result of 2.157 billion CFAF and a total balance sheet 213.135 of billion CFAF..."
NIGERIA:
The French GreenElec signs a partnership with five states of Nigeria to install mini solar power factories: "In Nigeria, five states, namely Kaduna, Imo, Rivers, Delta and Ogun, have signed a partnership with the French company, specialized in the supply of solar energy, GreenElec, for the installation of mini solar power factories. According to GreenElec president Marvel Hochet, the initiative will make the populations of these states less dependent on the national network, in addition to boosting the country's energy mix, in line with the government's vision..."
The national oil company NNPC continues to diversify into the health sector: "The Nigerian company NNPC, in charge of oil, officially began its diversification in the health sector, in line with its objective to remain commercially viable. This was revealed by the general manager of the corporation, Maikanti Baru, when setting up the respective boards of NNPC Medical Services Ltd (NMSL) and the NNPC Health Maintenance Organization (HMO) Ltd..."
TANZANIA:
The embargo on the exports of raw minerals cost Acacia Mining 33 million Dollar in the first quarter: "In Tanzania, the embargo on the exports of raw minerals had in the first quarter of 2017 a negative impact of 33 million Dollar on the cash flow of Acacia Mining, the country's largest gold producer. The company's sales were 34 926 oz lower than the production, and the overall cost was also negatively impacted..."
CAMEROON:
Cameroon is moving towards a cement production capacity of 7.2 million Ton per year: "The production of cement in Cameroon will be multiplied by 2018. In fact, to the current 4.2 million Ton of capacity (1.6 million Ton for Cimencam, 1.5 million for Dangote, 500,000 Ton for Cimaf and 600,000 Ton for Medcem), the various producers in the country are considering adding another 3 million Ton, through either the extensions of factories, or the construction of new production units..."
BURKINA FASO:
Fiber optic in Burkina Faso: First round of crank in Bobo: "With an overall cost of 36 billion CFAF, the financing of this project is provided by the Government of Burkina Faso with the support of the Kingdom of Denmark through the Danish development cooperation "DANIDA". It is executed by the National Agency for the Promotion of Information and Communication Technologies (ANPTIC). G-Cloud wants an electronic revolution, as deploying Cloud technologies will stimulate the economic growth and improve the Internet access by reducing the user costs. Its objective is to provide Burkina Faso with adequate resources in the field of digital technology..."
GABON:
Air Algérie and Tassili Airlines will now serve Gabon: "Gabon and Algeria have just signed an air transport agreement, which now allows Air Algérie and Tassili Airlines to serve in Gabon. This agreement signed in the Gabonese capital in the 20th of last April, by the Manager of Civil Aviation and Meteorology at the Ministry of Public Works and Transport, Smain Youcef Azizi, and the Gabonese General Manager of Civil Aviation, Dominique Oyinamono, concerns both the transport of passengers and freight..."
SENEGAL:
The extractive sector will contribute more and more to the economy (President of the EITI National Committee): ""The contribution of the extractive sector to the national economy will increasingly represent an important part thanks to the initiatives taken by the government to build an ecosystem favorable to the judicious exploitation of resources," underlined the president of the national committee of the Extractive Industries Transparency Initiative (EITI) Senegal, the Professor Ismaël Madior Fall..."
Agricultural campaign 2016-2017: Nearly one million ton of groundnuts produced this year: "The Minister of Agriculture and Rural Equipment, Dr. Papa Abdoulaye Seck, during the ordinary session of the Economic, Social and Environmental Council (Cese), said that Senegal was able to obtain 991 475 Ton of groundnut this year..."
Crédit : IMPERIUM MEDIA
