Facebook
  • Acceuil
  • Press'
  • The Pan-African Economy in Brief: Tuesday, August 1, 2017

The Pan-African Economy in Brief: Tuesday, August 1, 2017

title..

GUINEA:
The Mobile Money Has Improved the Collection of the Unique Vehicles Tax by More Than 200%: "According to the Government of the Republic of Guinea, Mobile Money has contributed significantly to the improvement of the collection of single tax on vehicles. From 10 billion CFA Francs of revenue recorded for 360,000 vignettes sold in the past, the Ministry of the Budget totals this year more than 34 billion CFA Francs for 124,000 motorized vignettes sold. Either an increase in recovery of more than 200% for less than half of the vignettes sold before. Mobile Money, particularly Orange Money Service, the Ministry of Budget had announced its adoption as a method of settling car stickers throughout the country on March 25, 2017. The objective was to provide greater financial transparency in the management of this tax. For cash payments, the Ministry had decided that they would be in the agencies of the United Bank of Africa (UBA)..."


GABON:
Gabon Telecom Announces Investment of 26 Billion CFA Francs in Seven Months for the Development of Broadband: "Since the beginning of 2017, the investments in the network and infrastructures of the operator Gabon Telecom have reached 26 billion CFA Francs. According to the operator that made the announcement on July 24, 2017, this investment was mainly oriented in three major areas: the development of fiber optic Internet via FTTH technology, the increase its international capacity, and the modernization of infrastructure..."


DR CONGO:
The Liberalization of the Insurance Sector Is Underway: "In the Democratic Republic of Congo (DRC), the monopoly exercised on the insurance sector by the State should be finalized this year. Indeed, Eric Mboma, Director of the Insurance Regulatory Authority of the country, has indicated that its structure has already received requests from at least fifteen companies wishing to be establish in the country, following the publication of a letter of intent by the authority last June. The government will open a bidding procedure for these companies in August, and they should receive their licenses in the last quarter of this year. In doing so, DRC will open a market capable of generating some $500 million annually, reveals Bloomberg..."


NIGERIA:
In June, Etisalat Was Still Champion of Portability Despite Disagreements with Its Creditors: "According to the Nigerian Communications Commission (NCC), the operator of mobile telephony Etisalat, recently become 9Mobile, following a change in the shareholding of the company, was still the big winner of mobile number portability on June 30, despite the crisis with its creditors. Indeed, when it was struggling to find an agreement with the consortium of banks to which he owed $1.2 billion, and which threatened to confiscate the telecom operator, Etisalat Nigeria remained attractive to consumers. Of the 32,873 mobile numbers carried last June, 16,714 numbers were recorded by operators while 16,159 were lost. Etisalat had the largest number of new subscribers, 12,498. Airtel Nigeria came second with 2,020 new consumers. MTN and Globacom received 1,445 and 751 new subscribers respectively..."


BURKINA FASO:
The Construction of the Hydrocarbon Depot in Péni Is "A Victory to Ensure the Energy Security of Our Country", States the President of Faso: "At the conclusion of the inauguration ceremony of the depot of hydrocarbons of Pení on Saturday, July 29, 2017, the President of Faso, His Excellency Mr. Roch Marc Christian KABORE, expressed his satisfaction to see the realization of a project of 17 years, an infrastructure that reinforces the capabilities of SONABHY. "The inauguration today of the oil depot of Péni is not only a great pride for Burkina Faso in general, but also a victory to ensure the energy security of our country," the head of state said before adding that he is delighted to be able to inaugurate this modern and automated site..."

Hydrocarbons: Burkina Faso Has a Butane Gas Depot with a Capacity of 2,100 Tons: "With a cost of about 19 billion CFA Francs, the new butane gas depot financed by the National Oil Company of Burkina Faso (SONABHY) was officially opened on Saturday, June 29, 2017. The new infrastructure is located Péni, a rural town located about 30 kilometers from Bobo-Dioulasso. The depot has a storage capacity of 2,100 tons. It includes a tank truck receiving facility for the supply of the depot, made up of a modern rocking bridge, a truck unloading station, a sphere of 2,100 tons, and an automated bottle filling center of 250 tons per day. It also includes an extensive network of gas piping, a fire-fighting device with a reservoir of 5,500 m3 of water, 3 motor pumps, and intervention equipment. The infrastructure extends over 30 hectares. In addition, two kilometers of asphalt road linking the site to the Bobo-Dioulasso-Banfora axis..."


ETHIOPIA:
3 Thousand Hectares of Agricultural Land Used for Floriculture: "The Ethiopian government has just put 3,000 hectares of agricultural land at the disposal of investors to produce flowers. This is what Xinhua reports. "Investors from various countries, through their respective embassies and in person, have expressed interest in investing in the floriculture sector in Ethiopia," said the Deputy Director-General of the Ethiopian Agricultural Horticulture and Investment Authority, Adugna Debele, also clarifying that investors with their own investment capital will be prioritized in the process of allocation of land perimeters..."

 

 

Crédit : IMPERIUM MEDIA

Ce site, utilise des cookies afin de vous offrir une bonne expérience de navigation et d’améliorer continuellement nos services. En continuant à naviguer sur ce site, vous acceptez l’utilisation de ces cookies.