ZAMBIA:
The World Bank Shared Between Hope and Concern: "A growth rate of 5% for 2019 in Zambia, against 4.1% currently. This is a forecast of the World Bank in its latest report on the country's economic situation released on Thursday, June 30. The steady growth of Zambia's economy is mainly attributable to the good health of the main sectors like agriculture, mining, and manufacturing, which support the economic recovery. With a rich subsoil of gold, silver, lead, and cobalt, Zambia achieved a 4.1% growth this year while the government expected 3.9% due to low Chinese demand for copper. However, Zambia, leading copper producer in Africa, derives two-thirds of its export earnings from trade in this matter. Other factors, external and internal, such as lower commodities prices, and a deficit in electricity generation in 2015 and 2016 have also resulted in a slowdown in the economy of Zambia..."
NIGERIA:
700 Million Dollars of Oil Investments in the Niger Delta: "Nigeria is implementing its strategy to strengthen its oil productivity. The national oil company of Nigeria (National Petroleum Corporation (NNPC)) announced the creation of a joint venture that will invest more than 700 million Dollars for the development of new oil fields in its energy center of Niger Delta in the south of the country. The tripartite agreement was signed with the local energy company First Exploration, Petroleum Development Company, and the international oil services company Schlumberger to develop the Anyala and Madu fields. After finding common ground with rebel groups that had mined production until the beginning of the year, the government now wants to increase local and foreign investment to increase its crude oil production to reach 40 billion barrels by 2020 and thereby mark a rise in relation to its current productivity estimated at 37.2 billion barrels..."
CAMEROON:
Reconfiguration of the Capital of ENEO Electricity Company: "On the basis of this change, the new configuration is as follows: 51% of the shares are held by Actis represented by Cameroon Power Holdings (CPH) against 56% in the past, the State of Cameroon holds 44% of shares and ENEO staff 5% of the shares. In other words, the Cameroonian shareholders increased from 44% to 49% against 51% of shares for the British investment fund Actis. The repurchase of these shares is part of the transfer agreement of the former public company Cameroon Electricity Corporation (SONEL) with the American firm AES Corporation…"
SENEGAL:
A New 30 Megawatt Photovoltaic Power Plant in Santhiou MéKhé: "Senegal has just taken a new course in its ambition to reach the 20% mark of renewable energy in its energy mix. In fact, the country has just inaugurated the Photovoltaic Power Station of Santhiou Mekhé, which is expected to produce 30 megawatts of energy to support 200,000 people. This unit required an investment of 36 million Euros, and it is the most important center of its kind in West Africa…"
BURKINA FASO:
Ministry of Infrastructure: The Project of Transport and Development of Urban Infrastructures Will Soon Be Implemented: "With an overall cost of over 112 million US Dollars financed by the World Bank and the Swiss Cooperation, with 5 million national counterpart, the project of transport and development of urban infrastructures aims to improve the mobility and access to the infrastructures of populations in rural and urban areas. From the construction of roads, crossings, roads, passing to the construction of markets and the rehabilitation of rural roads, these are all infrastructures foreseen in this project. Anything to enable Parimyélé Paul Yaogo, Secretary General of the Ministry of Infrastructure, to improve the living conditions of urban and rural populations in the regions identified by developing adequate infrastructure for their benefit..."
7.7 Billion CFA Francs for the Study of Three Large Dams: ""The Government of Burkina Faso will invest an envelope of 7.7 billion CFA Francs in the detailed preliminary design studies of three large dams," APA learned from the Ministry of Water. The first of these is Ouessa in the south-west of the country. Considered the largest in terms of water storage (4 billion m3 of water), this hydroelectric, hydro-agricultural, fisheries, and natural resources dam provides for an important agricultural system of 30,000 hectares of irrigated perimeters and various agricultural..."
ZIMBABWE:
The Producers Target 200 Million Dollars in Horticultural Products Exportation Revenues by 2020: ""The Zimbabwe Farmers' Union (ZFU) wants to draw 200 million Dollars from the export of horticultural products by 2020," reports the information website BH24. "We want to restore our status as the leading supplier of fresh products in the African continent and beyond," indicates Paul Zakariya, Executive Director of the group, who specifies that the improvement of production techniques and capacities will be necessary to achieve this goal. In this context, explains the Director, ZFU collaborates with Horticulturists and organizes them in an association of agricultural producers in order to improve the quality of their services as well as their access to internal and regional markets..."
Crédit : IMPERIUM MEDIA
