Author: Editor

Seven years after a first test, the African Development Bank (AfDB) is making a new investment of US $ 10 million in Phatisa, manager of sectoral funds present in Sierra Leone (West Africa) and the island. Mauritius (East Africa). This new investment by the AfDB, signed 27 November 2017 and destined for the fund Phatisa Food Fund 2 (PFF2), is a sign of confidence in Phatisa, “said Stuart Bradley,Joint Managing Partner, and Vincent Destieu,Main. The operation is part of the “Feeding Africa” ​​strategy, one of the five pillars of the vision of AfDB President Dr. Akinwimi Adesina.”We had met the…

Mazagan Beach & Golf Resort is the perfect place for a romantic getaway. A stroll along the shoreline, an exceptional ocean sunset, a candlelit dinner, Mazagan Beach & Golf Resort is all about love to provide an idyllic atmosphere for lovers. The time of a stay, place to romanticism and the pleasure of sharing with two the gourmet treasures concocted for this special occasion. At the Morjana restaurant, under the brocade hangings with the accents of the Arabian Nights, this is the promise of a trip out of time. Colorful and tasty, the Chef offers a gourmet menu with a…

• An innovative concept that highlights the notion of the Green Revolution shared by the OCP Group. • Through this award, OCP reiterates its commitment to the development of innovative initiatives for sustainable agriculture on the continent. Casablanca, the 25 January 2018 – Solid card for the second edition of the “Startup Of The Year Africa” ​​(SOTYA) prize, initiated by Startup.info, 1er collaborative magazine of startups, with the OCP Group, the world leader in the phosphates market and derivatives. This year, more than 600 startups took part in the 2018 edition and more than 12 000 online votes were collected…

Paul Romer throws in the towel. The head of the World Bank resigned Wednesday after being criticized for stating that Chile’s ranking in a Doing Business report may have been deliberately skewed under the chairmanship of socialist Michelle Bachelet. Romer’s resignation, 15 only months after accepting the position, was announced in an internal memo issued by World Bank President Jim Yong Kim. “I appreciated Paul’s frankness and honesty, and I know he regrets the circumstances of his departure,” said Kim, adding that Romer would resume his position as professor of economics at New York University. . In an interview…

The Regional Stock Exchange (BRVM) recorded its third largest decline in its history at -16.81% in 2017 against 25.89% in 2009. In this file, Daniel Aggre and Ahmed Diallo, experts from the Sikadvisory firm deliver their analysis of the events that impacted the BRVM in 2017. As early as January 2017, the market was punctuated by negative elements in economic, political and security terms. Side values, only eight (8) companies were able to pull out of the game while the others were swept by a wave of panic investors. The latter will surf elsewhere throughout the year in the red. Our…

As African leaders prepare to meet in Addis Ababa, Ethiopia for the 30th Ordinary Session of the 22 Conference of Heads of State and Government of the African Union (AU) at 29 January 2018, the African Capacity Building Foundation (ACBF), the AU’s specialized capacity-building agency, is taking the necessary steps to provide advice to Heads of State and African Governments on capacity needs in Africa. fight against corruption on the continent. An effective fight against corruption will help Africa to address the massive investment in a skills revolution to facilitate an accelerated and sustainable transformation of Africa through successful implementation…

Modibo Diop The various failures of the international financial system and induced effects on the economy have had consequences for the need to secure global financial ecosystem with the implementation of savoir-of reforms. Basel Conventions 2 to Bâle3 prudential standards lXCHARXéconomie financing have evolved taking into account the ratio Cooke or minimum guarantee capital ratio to the ratio of Mac Dounough characterized lXCHARXexigence solvency and own different funds of off balance sheet financial institutions and consequently their bank customers. LXCHARXévolution agreements Basel following the 2008 financial crisis has devoted tighter implementation of capital standards by adding the consideration of short- and…

Emirates, the Dubai-based airline, has signed a memorandum of understanding for the acquisition of additional 36 A380. The agreement was signed this morning by SA Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline and Group, and John Leahy, Chief Operating Officer Customers of Airbus Commercial Aircraft, at the airline’s headquarters in Dubai . The agreement concerns a firm order for 20 A380 and an option for 16 additional devices, valued at 16 billion (13 billion euros) at list price. Deliveries are planned from 2020. Sheikh Ahmed said, “We have never hidden that the A380 is…

Mediterrania Capital Partners supports KMR Holding Pedagogique in building the largest private higher education platform in Morocco and French-speaking Africa. Barcelona / Malta. Mediterrania Capital Partners, a private equity fund dedicated to the growth of SMEs in North Africa and sub-Saharan Africa, announces, in collaboration with its investment partner DPI, the acquisition of the International University of Casablanca (UIC) via KMR Holding Pedagogical, subject to regulatory approvals. Founded in 2010 by Laureate Education, the world’s largest network of institutions Higher Education, in order to meet the growing needs of higher education in Morocco, UIC became during this period the first…

Consultations, led by the Chairperson of the African Development Bank Group, Akinwumi Adesina, were held, 11 and 12 January 2018, in Abidjan, Côte d’Ivoire, between, respectively, the governors of West and Central Africa and the senior management of the institution. These are the first consultations of this nature since the creation of the Bank in 1963. “The Bank’s Annual Meetings were previously the only forum for discussion and exchange between you, governors, and senior management. We have decided to make this annual consultation format a second opportunity to listen to you, to benefit from your wise advice and to discuss…

Injaro announces an investment in AviNiger, a poultry company that meets animal welfare standards. AviNiger will provide quality consumer eggs and help reduce the protein deficit in Niger. Injaro invests with BIO, the Belgian Investment Company for Developing Countries, in a Nigerian company to build a state-of-the-art egg farm with an annual capacity of over 35 million eggs in Niamey. This investment will make AviNiger the leading egg producer in Niger. The farm will be equipped with a poultry and livestock production unit with a capacity of 30 000 tonnes. The production of the plant will provide quality and accessible…

GH Management Consultants is suspended for 15 months of all tenders from theAfrican development bank. The African Development Bank Group (ADB) announced that 16 January 2018 has entered into a negotiated agreement with GH Management Consultants and its managing partner, Mr. Georges HANIN. An investigation by the AfDB Integrity and Anti-Corruption Bureau revealed that GH Management Consultants engaged in fraudulent practices as part of its participation in a competitive bidding process. consulting services for the Institutional Support Project in Statistics and Public Finance and during the subsequent execution of the same contract. The Institutional Support Project in Statistics and Public…

Allianz announced, the 16 January 2018, the appointment of Joerg Weber, aged 49 years and German nationality to the post of General Manager of Allianz Morocco, effect of 1ernext February. As part of his new role, Joerg will be responsible for strengthening the presence of Allianz Morocco and pursue the ambition to double the market share of the Company. He will report to Coenraad Vrolijk, CEO of Allianz Africa. Joerg began his career at Dresdner Bank AG in 1987. He later joined McKinsey in 1996 as an Engagement Manager. Since 2002, he has held various positions at Allianz Finance and…

Thus, after five years of investments and the contribution of two partner current accounts for a total amount of 47 000 euros, FADEV is now reselling its participation in Comoé Capital, a local investment fund supported by Investors. and Partners. FADEV, alongside its local partner in Côte d’Ivoire, the CCDE, has allowed Vallesse to fully meet its development objectives, which now gives way to new growth prospects. This is an important milestone for FADEV, which has thirteen years of experience in solidarity investments in Africa.

Dakar, 12 January 2018- The BBC Africa workers, all dressed in black, with red armbands on their arms, protested against the management’s delay on their platform of demands. At their weekly editorial meeting, all the BBC’s French service journalists, black-clad, standing, and red armbands attached to the left arm, denounced by their silence the disregard of their management for their demand for salary increases and their living conditions, sold out at the breakout. “It’s a warning that we launch as on the road when the traffic light is at the Orange. When we go to the Red, it can last…

CNR and CSR, the two largest Chinese manufacturing companies of high-speed trains (TGV) have announced their upcoming merger, the 9th of March 2015. This marriage will calm internal competition and allow them to quietly conquer external markets. Their focus is five African countries: Angola, Ethiopia, Nigeria, Kenya and Zimbabwe.

Translatd from French by Liana Cramer On Monday January 2nd, Nigerian President Goodluck Johnathon narrowly escaped an attack that occurred in a stadium just outside his meeting. A bomb exploded as President Goodluck Johnathon’s convoi proceeded from the stadium. This explosion, in the city of Gombe, killed two people.

Translated to French by Liana Cramer According to a study by Karen Grepin, a public health expert from New York University, about $2.9 billion have been promised to fight the Ebola outbreak in West Africa, but only 40% have actually reached countries affected by the disease.

Uganda-based Pearl Capital Partners, a venture capitalist in agribusiness, announced that it had launched its Africa Agricultural Capital Fund worth around KES2.2 billion.

  Le groupe français Colas Rail et sa filiale Colas Rail Maroc ont remporté, en groupement avec Egis Rail, le contrat de conception-construction de la Ligne à Grande Vitesse (LGV) entre Tanger et Kenitra, portant sur 185 kilomètres de voies doubles. Les travaux de construction concernent les voies ferrées (études et travaux), les caténaires et...