Author: Editor

Kapital Afrik intends to deliver strategic financial information to executives and managers, through a daily newsletter and a website that covers all African finance.

The West African Regional Stock Exchange (BRVM) launched the ELITE BRVM LOUNGE Program with the presentation of it first cohort of companies on Monday, March 19, 2018 in Abidjan under the chairmanship of the Ivorian Minister of Economy and Finance. The ELITE BRVM LOUNGE program has effectively entered it active phase in the West African Economic and Monetary Union (WAEMU) on Monday, March 19, 2018 for an initial period of two (2) years. The launching ceremony saw the presentation of the first set of ten (10) companies identified at the end of the selection process. The chosen companies are: AGETIP…

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The SMB-Winning consortium announces its partnership with Louis Berger, a global engineering consultancy, to strengthen environmental and social impact assessments (ESIAs) that will enable it to update and revitalize its environmental and social management plan (ESMP) ). The purpose of the ESMP is to frame the work related to mining activities in the SMB permits in order to identify the additional mitigation measures needed to better manage environmental impacts and to maximize the safeguarding of biodiversity and spillover effects. beneficial for the communities. Louis Berger will also develop a plan of additional priority measures and will assist SMB-Winning in the…

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This Sunday, there was talk of cryptocurrencies on the sidelines of the meeting in London, Financial Stability Board (FSB). The body that coordinates financial regulation for the G20 countries has rejected calls (much to the relief of the markets?) From several countries that demanded regulation of cryptocurrencies, such as bitcoin. The FSB, however, stressed the need for greater international coordination in monitoring these rapidly evolving technologies, which still represent a tiny sector equivalent to less than 1% of global gross domestic product. “The first assessment of the FSB is that currently, these crypto-assets do not pose a risk to global…

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The news of his appointment, at the beginning of this month, to the post highly Vice-President of the World Bank Group human resources, a first for an African, is not gone unnoticed, so much the Mauritanian asserts since 2015 as a central piece of the management device of the largest development institution. In October 2015 already, Jim Yong Kim, Chairman of the Group, used his skills to lead a of the most sensitive departments, the Central Vice Presidency responsible for ethics and professional conduct. Never aAfrican had been promoted to such levels of responsibility in the space of 2 years,…

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the siège dand’Union africainand éthe construit en 2012 grâcand un don dand on Républithat populaire de ChinE (jusqu ‘to mobiliers), pour unmontant de 200 millionUS $ (154 millions d’euros). A deuxth chantier, the coNRCructionot du complexe «Peace et Becu” est to l’actif dand on Républithatédérale d ‘Allemagne who did un don de 21 millions d ‘euros (soit 29 millioUS $). BUdget dand’annore 2014 de Commission dand’Union africaine, d’unmontant de 308 milliards (308.048.376) US $ Dont 137.884.958 US $ to the titre des dépenproven de fonctionnement et 170.163.418 US $ to the titre des programeher éte financé to 97% par partenaires, withtrand hislement 3% dewithtribution par pays membres. En 2016Withur unbudget global de 522 millionUS $, the pays africains ne contribuent that pour 28% aufinancement dand’Union africaine, lheesteWithoit 72%, eit does de donateursparmi lesquels l’Union europednne, the États-Unis, the Banquemondiale, la Chine et laTurquie, coeven gros contributeurs. Dans un contexte où l’organio’clockon panafricaine œuvrand combattre terrorisme d ‘inspgo totion djihadiste et hislafisyou’reur le continent l’Union africaine compte mobiliser 750 millionUS $ at financement des opérations de maintien dand on paix. Une autritituation préoccupante eis the fact that la contribuproduction des États at budget dand’Union africaine est essentiellement porthee pAr 5 pays (Afrique du Sud, Libye, Algéseries, Égypteet Nigéria)…

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At the end of Senegalese President Macky Sall’s two-day visit to Mauritania, the two countries signed an agreement on the exploitation of the largest gas field in West Africa. Located about 125 kilometers off the city of Saint-Louis (Senegal), straddling the Senegal-Mauritanian maritime boundary, the Grande Tortue deposit would contain gas reserves estimated at 450 billion cubic meters, which would make it the largest in West Africa. The discovery of this deposit located at 5 200 meters deep was announced in January 2016 by President Macky Sall following the surveys of the American company Kosmos. The latter then signed a…

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The African Development Bank Group (AfDB) is providing budget support to the Central African Republic as planned in its treasury plan. It is in this dynamic that the Central African Minister of Economy, Planning and Cooperation, Governor of the Bank Felix Moloua and AfDB Country Manager for the Caribbean, Joel Sibaye Tokindang, signed the February 5 2018 in Bangui, a grant agreement of approximately 10,2 million US dollars to finance the second phase of the Support Program for Economic and Financial Reforms (PAREF II). Signed in the presence of the representatives of the financial partners in CAR and several senior…

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Marrakesh, a pioneering city in terms of environmental protection, has acquired Africa’s first self-service bicycle service on the occasion of the COP22, which it hosted in 2016. This offer complements a public transport service and effectively resolves 24h / 24 travel issues, for a measured investment for cities and at a cost adapted to the income levels of each inhabitant. Smoove is proud to support cities wishing to improve the quality of life of their citizens by offering ecological and economical mobility solutions. Since then, Tunis and Abidjan have expressed their desire to revitalize their public transport while rising to…

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● The big annual meeting of the African private sector will be held 26 and 27 march in Abidjan ● More than 1 200 personalities, from more than 60 countries, are expected to debate around the theme “African Champions: Time for Transformation” ABIDJAN, Ivory Coast, 8 February 2018, – / African Media Agency (AMA) / – The AFRICA CEO FORUM will hold its 6e edition the 26 and 27 next March in Abidjan, Cote d’Ivoire. On this occasion, more than 1 200 personalities, key decision-makers from industry, finance and politics, from more than 60 countries, will meet in what is…

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The world of Financial Services has evolved considerably in recent years: changes in customer usage, installation of Digital Banking, intensification of regulations, geographic deployment, competition from new players … In this ever-changing environment in which the players must differentiate themselves, the control and exploitation of data are key factors and require structuring technological choices, in particular to offer services in inaccessible areas. In response to these changes, the BGFIBank Group has decided to upgrade its connectivity infrastructure. Indeed, the new network infrastructure now allows optimal management of the available bandwidth making it less difficult to use our tools and thus…

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UNDP Administrator Achim Steiner announced, on 7 February 2017, the appointment of Abdoulaye Mar Dieye as Assistant Secretary-General, Office for Policy and Program Support, UNDP as of 1er March 2018. “Mar’s appointment comes at a critical time for UNDP as we strive to provide our partners and developing countries with more effective strategic advice to help them achieve their sustainable development goals,” he said. said Achim Steiner. “Mar brings to this position decades of experience in development policy as well as in-depth knowledge of UNDP, which should serve the organization in its evolution to meet the demands of a dynamic…

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At the end of the IMF conference in Marrakech, Jawad Kerdoudi, president of the Moroccan Institute of International Relations (IMRI) takes stock of the situation in the Arab world. The IMF (International Monetary Fund) in partnership with the FMA (Arab Monetary Fund), the FADES (Arab Fund for Economic and Social Development) and the Moroccan government, organized an international conference in Marrakech the 29 and 30 January 2018 on the theme “Opportunities for all: growth, employment, and inclusion in the Arab world”. This conference brought together more than 500 participants from 22 countries. The purpose of this conference was to take…

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QuickTech, Moroccan development startup technology solutions, conducted in 2018 year beginning with the launch of “EasyshairPro”, its new solution EC0 -intelligente  “eBusiness Card” that  revolutionizes the Business Networking.  “EasyshairPro” is an innovative solution professional contact management  and networking to make it more convenient, more resourceful and more efficient business networking companies.   The audacity of a Moroccan start-up that grew in strength. If SaaS is known as ” The turf ” of US computer tenors and Europe, it is clear that cloud service can also claim African with the emergence of young and surprising start-ups. This is the case of QuickTech. This powerful Moroccan startups been emulated by the challenge of…

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By OSSENE OUATTARA Three important dates for the BRVM [Regional Stock Exchange], in 2017. On Tuesday 24 October, NSIA Bank goes public. It is followed by ECOBANK Ivory Coast, the 12 December. A week later, the BRVM opens up to Small and Medium Enterprises (SMEs). Through the launch of its 3rd Compartment, opportunity is given to small companies with high growth potential of the West African Economic and Monetary Union (WAEMU) to be listed as well. Objective, to give them visibility on the subregional financial market. These major events testify to the good health of the Community Fellowship. Compared to other rating…

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