Angola:
The importers will now have to take out insurance in local currency: "To control the leakage of capital, the Angolan government could implement very soon the decree approved by the council, requiring importers to take out local insurance. Until now, most importers have taken out insurance in foreign currency. But the new measure obliges them to take out local insurance and pay the local currency premium, the kwanza..."
4,098 carats produced in Lulo during the first quarter of 2017: "Between January and March, the Lulo Angolan mine produced 4,098 carats of diamonds, including 38 special stones (weighing more than 10.8 ct). This is what Lucapa Diamond, a company driving the project, points out that the factory processed a volume of 70,967 m3, an improvement of a 91% despite the rainy season..."
SENEGAL:
Promotion of E-commerce: Senegal launches "Made in Senegal": "The platform that aims to support the competitiveness of 20 Small and Medium Companies including 10 young Senegalese entrepreneurs will be a real forum for the actors who will have the chance to be seen in 220 countries according to an expert in contact with the leaders..."
The fired coal factory at Sendou will inevitably come into being (SENELEC): "Although he recognized the right of the inhabitants of Bargny to contest, Mouhamadou Makhtar Cissé, the Manager of the National Electricity Company of Senegal (SENELEC), ensures that the construction of the coal factory of Sendou will go inexorably to completion. "This factory is a 70% complete and it is the state that has made the decision. I know all the procedures have been followed. Do you think that people will invest more than 100 billion Franc in Senegal if they have not done any study and have no authorization?" says the official according to Le Quotidien..."
BURKINA FASO:
ACP: Burkina Faso honored in the Committee of Ambassadors: "The Ambassador-Representative of Burkina Faso in the Kingdom of Belgium and the European Union, Ms. Jacqueline Marie Zaba joined, in Brussels on Wednesday the 12th of April 2017, her counterparts in the ACP Committee of Ambassadors (Africa-Caribbean-Pacific) currently in full consultation on the future of the ACP and the ACP-EU partnership after 2020 ..."
Burkina Faso has a fund of 10 billion CFA Franc to finance its entrepreneurs: "According to information from Jeune Afrique, the Burkinabe executive endorsed the creation of an annual fund of two billion CFA Franc over five years to finance the start-ups of the country. He hopes to boost innovation and ultimately create around 500 small and medium-sized companies..."
IVORY COAST:
Ivory Coast and Ghana want to tackle the instability of cocoa prices: "Manhandled by the volatility of the international cocoa market despite their ranking as top suppliers (60% of world production), Ghana and Ivory Coast will strengthen their cooperation. This was stated jointly by Reuters, the respective leaders of the Coffee-Cocoa Council (CCC) and the Ghana Cocoa Council (COCOBOD)..."
Congo:
The UN signs an agreement with the government to communicate on the public radio and television: "The United Nations (UN) will now communicate on the antennas of the Congolese Broadcasting and Television (RTC), the Office of the Public Audiovisual of Congo. An agreement was initialed in Brazzaville, in 12th of April 2017, by the Minister of Communication and Media, Thierry Moungalla, and the Coordinator of the United Nations System in the Congo, Anthony Ohemeng-Boamah..."
Nigeria:
Nigeria postpones its green bond emission announced last February: ""In Nigeria, the green bond issue scheduled for this month has been postponed. This until the country's 2017 budget is adopted," indicates the Nigerian Ministry of the Environment which unveiled yesterday the information. The bonds that will amount to 20 billion Naira (65.55 million Dollar) should be used to finance the low-carbon projects and the development of the renewable energy..."
KENYA:
Kenya raises funds through "mobile money", a world first: "The Kenyan state launched the first global fund raising via mobile-money. An operation made possible thanks to the wide spread of mobile financial services in the country but which still has to find its public..."
Base Resources maintains its mineral sand production targets in Kwale: "The Kwale Mineral Sands project, in Kenya, should produce 450,000 to 480,000 tons of ilmenite, 88 000 to 93 000 tons of rutile and 33 000 to 37 000 tons of zircon. Base Resources, a company operating in the project, maintained its production forecast at the beginning of the year, despite the slight declines in the production in the first quarter..."
Botswana:
The extension of Morupule B delayed by a request for 800 million Dollar of state guarantee: "The extension of 300 MW of the total capacity of the coal-fired power station at Morupule B, in Botswana, was delayed by a request for sovereign guarantee. The Japanese Marubeni and the South Korean Posco Energy in charge of the project have demanded that the State of Botswana provide a guarantee of 800 million Dollar to cover the insolvency risk of the Botswana Power Corporation (BPC)," according to Reuters..."
TOGO:
Security and aerial safety: Togo is the first African country to total an 85% according to ICAO: ""Togo is the first African country to score an 85% score for the implementation of international air navigation standards and practices," according to a high-level conference on search and rescue (SAR) services in Africa held in Lomé from the 10th to the 12th of April..."
CAMEROON:
Projects funding: The World Bank's alarm bell: "Despite the 900 billion FCFA available for more than 21 projects therefore 17 with national scope, some realities tarnish the performance of the portfolio and could eventually compromise the main objective. The Government of Cameroon and the World Bank through its country representation have recently reviewed the portfolio of cooperation between the two countries..."
Crédit : IMPERIUM MEDIA
