BENIN:
The National Assembly authorizes a loan of 12 billion of AID: "This project, which is in its second phase, is an initiative of the Economic Community of West African States (ECOWAS) for the benefit of the member countries, with financial support from the World Bank. This second Phase aims to promote and accelerate the adoption of technologies in order to convert better agricultural products to countries participating in the Program of Agricultural Productivity in West Africa (WAAPP)..."
CAMEROON:
Cameroon seeks 5 billion CFA Francs of public securities in the BEAC market: "The Ministry of Finance has indicated that Cameroon is proceeding on Wednesday with a new issue of Public Securities on the Bank of Central African States (BEAC) market to mobilize 5 Billion CFA francs of assimilable treasury bills (BTA) in the countries of the Economic and Monetary Community of Central Africa (CEMAC)..."
GHANA:
The next bond issue will increase the risk of over-indebtedness (IMF): "In Ghana, the risk of over-indebtedness could increase following the next issue obligated by the government, according to the International Monetary Fund (IMF). "The Amount of obligations dedicated to financing debt and accumulated arrears by the public enterprises themselves would increase the stock of public debt (...) Ghana remains at a high level of risk of over-indebtedness. A continuous budgetary remediation would be necessary to reduce the debt of the public sector," said on Wednesday the IMF in an e-mail in reply to a Bloomberg question..."
MALI:
€50 million to develop the drinking water supply network in Bamako: "The European Investment Bank (EIB) announced in a statement issued on June 8 that it has signed a financing agreement with the city of Bamako worth €50 million "to develop the water supply and sanitation network of the city". EIB financing of EUR 50 million is granted to the City of Bamako as part of the Sectorial Water and Sanitation Program (Prosea), developed by the Malian authorities. The agreement was signed on the sidelines of the European Development Days by Mali's Minister of Economy and Finance, Boubou Cissé, and EIB Vice-President, Ambroise Fayolle."
KENYA:
The mobile money continues to progress despite the counter-offensive commercial banks: "According to recent statistics published by the Central Bank of Kenya, payments via mobile money grew by 15% over the 4-month period between January and April 2017. Their overall value reached 1.19 trillion shillings ($11.5 billion), against 1.04 trillion shillings for the same period in 2016. This two-figure growth comes as nearly 23 commercial banks operating Kenya, and it have jointly launched in February 2017 a mobile banking platform called PesaLink. The stated ambition is to give a solid answer to mobile operators, market leaders..."
SENEGAL:
Oil and gas in Senegal: The young madibarists spread their fears and warn: "The Senegalese who make up the movement of young madibarists are afraid that the curse of the oil that has finished decimating the peoples of many African countries does not catch up with Senegal. And it must be said that with all the medico-political noise that revolves around the contracts signed here and there, the country has started on bad bases. And this is to avoid seeing the drama that has destroyed many countries of the continents where this resource saw the day that Sheikh Ibra Faye, president of the Movement and his comrades took the forward to prevent any slip related to the management of oil and gas in Senegal..."
Crédit : IMPERIUM MEDIA
