GHANA:
AfDB Will Invest $950 Million in 23 Infrastructure Projects in Ghana: "The African Development Bank (AfDB) will invest $950 million for the development of Ghana. This was stated by the president of the institution, the Nigerian Akinwumi Adesina, after a meeting with the Ghanaian authorities. This funding will go into 23 infrastructure projects in the fields of agriculture, energy, and transport. In the agricultural sector, Akinwumi Adesina recalled that the latter was one of the five priorities of the bank which intends to invest $24 billion over the next 10 years. "We will accompany the Ghanaian agriculture, especially in the north of the country," affirmed the official...”
NIGER:
Niger Launches Investment Fund for Agricultural Producers: "A decree establishing an Investment Fund for Food and Nutrition Security (Fisan) in Niger was adopted in the Council of Ministers last Wednesday. The objective is to facilitate public and private investment in all segments of food and agri-food sector. "Fisan aims particularly to improve the supply of financial services to producers and other actors in value chains," specifies the statement. The aim is to support the transformation of agro-sylvo pastoral and fishery production systems and to promote the modernization of systems for the processing and marketing of agricultural and agri-food products..."
ZIMBABWE:
Zesa Pays $8 Million to Eskom and HCB to Avoid Power Cuts: "To avoid losing the 350 MW of electrical energy provided by its South African and Mozambican partners, Eskom and Hydro Cahora Bassa (HCB), Zesa paid them $8 million of its total debt of more than $50 million. Eskom had indeed given an ultimatum on August 1, 2017, for the payment of the sum due by Zimbabwe, at the risk of a supply shutdown. According to media reports, including The Herald and The Chronicle, negotiations have taken place between the different protagonists for the debts settlement. On Tuesday, the leaders of Zesa, the company in charge of electricity in Zimbabwe, met with their counterparts in Eskom (to whom they owe more than $40 million) in South Africa and presented them with a plan to repay the debt..."
NIGERIA:
Chevron and Shell Will Invest in Projects That Will Generate $16 Billion for NNPC: "In Nigeria, the state oil company (NNPC) has signed financing contracts of $1.78 billion with the American oil groups Chevron and Anglo-Dutch Shell. These agreements will accelerate the development of two major oil and gas projects, supposedly generating up to $16 billion. A consortium of foreign and local banks is involved in financing. NNPC, the state-owned company, is a joint venture partner on these projects with the two multinationals. Indeed, $780 million will be disbursed by Chevron in the development of the Sonam project, located astride OML 90 and OML 91 licenses, which should create jobs, improve gas supply and electricity access, and relaunch the use of gas by the industrial sector..."
CAMEROON:
Billions of Financial Losses, 12,800 Cyber-Attacks, 200 Cyber Blackmails... Since 2013 (Government): "On the occasion of the conference of governors opened in Yaounde on July 26, Minette Libom Li Likeng, Minister of Posts and Telecommunications, has revealed the threats against Cameroonian national cyberspace since 2013. The member of Government indicated that, according to a recent study by the National Agency of Information and Communication Technologies (Antic), Cameroonians recorded nearly 4 billion CFA Francs of losses due to "scamming" (financial fraud on Internet). In addition, about 3.7 billion CFA Francs have been lost due to "skimming" (credit card fraud). As for the spoofing of Facebook profiles and Cyber blackmail, there are more than 200 registered cases..."
GABON:
Economic Recovery: IMF Disburses the First Part of the Funds: "The implementation of the economic recovery plan of Gabon, approved by the International Monetary Fund (IMF), is backed by the extended credit mechanism to which the country was elected in June. Thanks to this facility, it has an envelope of $642 million, i.e. about 385.2 billion CFA Francs of this institution, as part of the three-year program agreed upon..."
Crédit : IMPERIUM MEDIA
