Tag: Economy Africa
in Kinshasa, trade undermined by deadly floods
The floods which killed nearly 120 people, according to a provisional report, also caused very heavy material damage, in particular the collapse of a section of the national road 1.…
the annual report of the Court of Auditors pinpoints the management of the gold sector
The Malagasy Court of Auditors presented its annual report to an audience of officials on Tuesday, December 14, but also of citizens curious to know how public funds were spent.…
IMF extends $3 billion loan to Ghana
It had been in negotiation for several months and was eagerly awaited by Ghana. Finally, an agreement was reached for a loan of 3 billion dollars over three years, announced…
“Africa has become a geopolitical issue”
The United States-Africa summit opens Tuesday, December 13 in Washington. The leaders of 49 African countries and the African Union are invited for three days in the American capital, to…
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…