KENYA:
"The digitization boosts the business of farmers," says a study of the UN: "A new case study realized by the United Nations "Better Than Cash Alliance" shows how the agricultural organization has a non-profit one acre fund, in partnership with Citi Inclusive Finance, has succeeded in digitizing loan repayments from farmers in Kenya. This initiative has greatly enhanced transparency and efficiency, and contributes to the economic development and financial inclusion of thousands of smallholders and their families. One acre fund, with the support of Citi, made it easy for farmers to repay loans in "mobile money" rather than in species, thus reducing the uncertainty, inefficiency, insecurity, and high costs of cash transactions..."
SENEGAL:
The civil society advocates for the inclusion of nutrition in the national agricultural investment program: "The players of Senegalese civil society, within the Platform for Strengthening Nutrition and Food Security, have pledged in Dakar on Wednesday for the effective consideration of nutrition by the second generation of the national agricultural investment program (Pnia) under development.
The World Bank is supporting the Senegalese oil sector with 29 million Dollars: "On Wednesday, the World Bank announced that it will release 29 million Dollars to support the emerging oil industry off the coast of Senegal. According to the institution of Breton Woods, the funds will help Dakar to "oversee the development of oil and gas and to introduce more transparency in negotiations with international companies," reports Reuters. In fact, the question of transparency in the management of the gigantic hydrocarbon resources of which the country abounds has occupied a preponderant place in the news for several months. Some political parties and civil society organizations accuse the government and the head of state, Macky Sall, of conducting opaque negotiations with petroleum companies. Last year, the Senegalese president was accused of having favored the allocation of an important petroleum perimeter to an enterprise headed by his younger brother, Aliou Sall..."
ZAMBIA:
The investment holding ZCCM-IH has only 4 months to yield 10% of Investrust Bank: "The Zambian investment firm ZCCM-IH is expected to shortly yield up to 10% of its stake in the capital of Investrust Bank. It has until October 2017 to update itself in relation to the regulation of financial markets in Zambia. In February 2017, ZCCM-IH had massively subscribed to a capital increase of Investrust Bank, increasing its stake from 10 to 48.6%. With this level of presence in Investrust capital which is listed on the Lusaka Stock Exchange, ZCCM-IH was obliged to make a buyback offer to acquire the shares it does not yet own..."
NAMIBIA:
Namibia plans to inject 12 billion Dollars over five years into several sectors, including energy: "The Namibian government is planning to invest 134 billion Dollars in Namibia, about 12.44 billion Dollars in the energy, water, and sanitation sectors," said Hage Geingob, the President of Namibia, yesterday. This injection of funds over the next five years will make it possible both to rehabilitate and improve existing infrastructures and to build new ones. The realization of these investments is part of the national development program which also covers the sectors of agriculture, manufacturing, fishing, tourism, and mining. "By concentrating on these sectors, we will be able to create more jobs to absorb newcomers in the labor market."
GUINEA:
The mining sector contributed more than 98% to the export earnings of Guinea Conakry in 2016: "In 2016, mining products contributed 98.97% (compared with 84.12% in 2015) to Guinea's export earnings, as reported by the country's central bank in its analysis of the balance of payments for the year. According to the institution, Fob Exports (including freight and customs) have increased from 1.78 billion Dollars in 2015 to 2.4 billion Dollars in 2016, largely due to higher values of export commodities. The total value of exports of Bauxite (the country's main ore) increased by 48.11% to 882.99 million Dollars. This is due to the evolution of the price of ore in the Asian market (China, Singapore), the main target of Guinea. At the same time, the evolution of the gold price as well as the government's actions to help craft companies to ship their products, have increased the value of metal exports by 48.7% to 960.92 million Dollars. Diamond exports increased to 22.14 million Dollars (21.83%), primarily due to the start-up of a new company, in this case guiding mining..."
CAMEROON:
Orange inaugurates its complex of Douala, built on 12,880 m2 and worth 16 billion CFA Francs: "On May 31, 2017, the mobile telephony operator Orange Cameroon inaugurated its complex of Douala, built on an area of 12,880 m2 and worth 16 billion CFA Francs. Located in the neighborhood of Makepe, the complex is composed of an office building housing various services including a command room that will be permanently connected to all the Orange branches of the country, and a data center considered by the company telecoms as the largest of the telecoms group in central and western Africa. According to declarations of Bruno Mettling, the Deputy General Manager of Orange, in charge of the Africa and Middle East region (MENA), this investment demonstrates the Group's commitment to continuously improve the quality of services offered to Cameroonians and to accompany the country in its digital revolution. "What we are experiencing today is a new stage of this revolution: That of the uses with more and more services rendered to the individuals, the companies, the administrations," he declared..."
Crédit : IMPERIUM MEDIA
