Tag: Economy Africa
Creation of a cocoa exchange in Africa: many challenges remain
During an extraordinary session of the International Cocoa Organization, which was held on December 8 in Montpellier, producers and buyers agreed to launch studies on the possibility of creating a…
Is cocoa overproduced?
A World Cocoa Congress was held last week in Montpellier. It was devoted to new agronomic advances, but also to solutions that could allow the five million producers to live…
Burkina grants the exploitation of a gold mine to the Russians of Nordgold
The Burkinabè transitional government has granted a license to operate a new gold mine to the Russian company Nordgold, according to a report by the Council of Ministers published on…
tax increases provided for in the budget voted for the year 2023
The new Cameroonian state budget for 2023 was voted on December 6 by deputies and senators after two weeks of debates in Parliament. The opposition, a minority in the National…
Nigeria inaugurates its first oil drilling outside the Niger Delta
After decades of oil exploitation in the Niger Delta, in the southeast, Nigeria is launching production sites in the northeast of the country. President Muhammadu Buhari on Wednesday (November 22nd)…
Cameroonian Cécile Bibiane Njebet winner of the UN Champions of the Earth award
Cameroonian Cécile Bibiane Njebet was named winner of the prestigious Champions of the Earth award on Tuesday 22 November. This award from the United Nations Environment Program is awarded once…
Two deliveries of Russian fertilizer will leave Europe to relieve Africa
Russian fertilizer blocked in Europe will gradually be sent to Africa. After going to Malawi on Monday November 21, it is to a West African country that a second shipment…
in defense of producers, Ivory Coast and Ghana boycott a summit in Brussels
There will be no Ivorian and Ghanaian officials this Wednesday, October 26 in Brussels for the opening of the meeting of the partners of the World Cocoa Foundation. Accra and…
Invictus Energy set to explore gas field in northern Zimbabwe
Australian oil and gas company Invictus Energy has announced plans to start gas exploration in northern Zimbabwe as early as September. If proven, this would be Zimbabwe’s first gas production…
Immigrants transferred 577 billion euros to their families in 2021
Families back home rely heavily on the money sent by immigrants. 577 billion euros were sent in 2021 to low- and middle-income countries, according to figures published by the International…