Senegal:
The imports of goods increased by CFAF 99 billion in March 2017: "These imports amounted to CFAF 314 billion against CFAF 215.4 billion in February 2017. This evolution is essentially driven by the petroleum products ($47.1 billion); machines, apparatus, and engines (plus 16.2 billion); and vehicles, materials, and spare parts (plus 9.3 billion)," notes the DPEE. On the other hand, a decline in imports of pharmaceuticals products (minus 1.2 billion), fruits and vegetables (minus 1.5 billion), and rice (minus 3.4 billion) is recorded over the period..."
The World Bank has released an envelope of $97 million to support the Senegal electricity sector: "The bank has just released an envelope of 91.5 million Euros (i.e. $97 million) to support the efforts of the State of Senegal in the electricity sector. "The funding is intended to strengthen the electricity sector in Senegal," stresses a statement. According to the note, the Board of Directors of the World Bank today approved, for an amount of 91.5 million Euros (i.e. $97 million), the electrical transportation system extension project that will improve the electricity supply to users by significantly increasing the electricity trade within the organization for the development of the Senegal river (OMVS)..."
Mozambique:
Mozambique invests $4 billion for the exploitation of coal: "The Logistic Corridor De Nacala (CLN) is considered a Mega-project including a 912 Km railway line and a loading terminal for very large vessels. It aims at facilitating the export of coal produced by the Brazilian group Vale in the west of the country. "This port that you have here is the only one of its kind in Southern Africa, even in Africa," expressed his pride the Mozambican President Filipe Nyusi in his speech at the inauguration of this infrastructure. "For Vale, the inauguration of the Nacala corridor is a great pride. We conclude a project that represents the largest investment of the Company outside its home country," said Murilo Ferreira, the director of Vale..."
Burkina Faso:
The IDB and Burkina Faso sign a loan agreement of more than CFAF 19 billion: "The Islamic Development Bank (IDB) and Burkina Faso signed in Jeddah, the Kingdom of Saudi Arabia, on Thursday, May 11, 2017, a loan agreement. This agreement concerns, according to officials of the Ministry of Finance, "the ordinary resources on the one hand, and three agreements consisting of an Ijarah service, an Istisna'a and an installment sale, on the other, which is a mixed financing consisting of the IDB's regular resources and of grants for the financing of the program for the sustainable development of pastoralism in the Sahel - Fund for Life and Livelihoods..."
Mali:
Promotion of investment: The BIM-SA and the CAD value the potential of Mali: "The Africa Development Club Mali (CAD-Mali) has settled in Bamako this Thursday. It is an initiative of BIM-SA and DAC. The launching ceremony of the Bamako Club was held at the Radisson Hotel Bamako under the chairmanship of the Minister for Investment Promotion and the Private Sector, Konimba Sidibé, in the presence of the Moroccan ambassador to Mali, H.E. Mr. Hassane Naciri, the General Manager of BIM-SA; the Manager of DAC-Mali, Assen Ouastani; the Manager of the DAC, Mouna Kadiri; and several entrepreneurs and economic decision-makers from Mali and elsewhere. On the sidelines of the meeting, a conference debates, focusing on "Investing in Mali", was co-facilitated by the general managers of BIM-SA, the Agency for the Promotion of Investment in Mali (API-Mali), and the Manager of the DAC..."
Crédit : IMPERIUM MEDIA
