Author: Albert Savana

Aminata Kane Ndiaye, 33, has been appointed CEO of Orange Sierra Leone replacing Sékou Dramé promoted to head the group Sonatel. A challenge for this Senegalese graduate of HEC (France) and holds an MBA at the Massachusetts Institute of Technology (USA). Perfectly bilingual, Aminata was previously the head of Orange Money’s marketing department. In Sierra Leone, it will have to put its experience capital to work to develop a subsidiary launched in October 2017 following the acquisition of Airtel by Sonatel. Since the acquisition in July 2016, the group has invested more than 30 million euros in infrastructure upgrades. A…

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The African Refining Company (SAR) is the subject of lively exchanges between the now majority shareholder, Locafrique, and the Senegalese Ministry of Energy. In an interview with the daily Obs, Khadim Ba, Director General of Locafrique denies the deficit of 40 billion CFA Sar and accuses the Minister of Energy, Mansour Elimane Kane, wanting to endorse a “robbery” in within the company, the only refiner in Senegal. “It’s bad governance. The SAR is the first cash company in the country. It is 400 billion F CFA of turnover. We can NOT tell you that this structure is causing problems. Concretely,…

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A new step towards the construction of a single regional financial market, in execution of the decision of the Extraordinary Session of the CEMAC Conference of Heads of State of 31 October 2017 in N’Djamena, Chad, on a single market unique finanicer. The Chairman of the Financial Market Supervisory Commission of Central Africa (COSUMAF), Mr. Nagoum YAMASSOUM and the President of the Financial Markets Commission (CMF), Mr. Jean Claude NGBWA, signed on April 11, 2018, in the premises of the Ministry of Economy, Industry and Public Portfolio of the Congo, a convention of cooperation and exchange of information. This convention…

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On the sidelines of the CSR and Women’s Leadership workshop, organized on March 27 in Dakar with the Embassy of Canada and her Excellency Ms. Filiatraut and Philippe Barry President CSR Senegal, Citibank Senegal CEO Papa Sall recalled the the importance of diversity issues, the gender approach and sustainable development in the Citi Group strategy. “Indeed, at Citi, one of our strategic advantages is undoubtedly a remarkable diversity of cultures, origins and perspectives offered by our work environment with a presence in more than 100 countries. Our geographic presence and cultural diversity provide our clients with proven expertise as a…

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President Denis Sassou Nguesso did not finally receive the French Minister of Finance, Bruno Le Maire, during the meeting of the franc zone held on 12 and 13 April in Brazzaville. The French money-maker contented himself with a tête-à-tête with his Congolese counterpart, Calixte Ganongo, Minister of Finance and Budget. Brazzaville was hoping for fresh money to absorb its budget crisis as part of the Yaoundé pledge of December 2016, when France had pledged 1 billion euros to the countries in the zone. But meanwhile, François Hollande was succeeded by Emmanuel Macron at the Elysee and Michel Sapin was replaced…

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The Portuguese construction giant Mota Engil has been attacking West Africa in recent years. Last big project to date; the imminent revival of the Dakar-Kidira railway line for a total amount of 600 million euros It is difficult to escape the yellow and blue colors of the giant Portuguese construction companies on public works sites in southern Africa in the center and west. For two and a half years, MOTA ENGIL has been working “on the body” with the Senegalese government to entrust to it the concession of two railways DAKAR-KIDIRA and Ziguinchor-TAMBACOUNDA. The gamble of the Portuguese giant is…

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The altercation that occurred on March 27, 2018 in Yaoundé between the Central African Minister of Finance, Henri-Marie Dondra, and the chairman of the CEMAC commission, the Gabonese Daniel Ona Ondé, is not ready to fade. Supported by the executives of the institution, Daniel Ona Ondé continues to believe that the situation in Bangui is not yet normal. Hence the firm protests of the Central African Republic that supports the opposite. Behind the scenes, the Central African Republic would now campaign for the appointment of another Gabonese to this post. Chad’s President, Idriss Deby, President-in-Office of the Central African…

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In five months, 13 new parties have emerged in Senegal, reports the national daily “Le Soleil” in its delivery this Friday. This new batch brings to 299 the number of political formations in this country of 15 million inhabitants and an electoral file of only 6 million people. This inflation of political parties has accelerated in recent years. The number of groups with a receipt increased from 3 under the presidency of Léopold Sédar Senghor (1960-1980) to 44 under Abdou Diouf (1980-1999) which legalized 41. When he came to power in 2000, Abdoulaye Wade legalized 143 parties. Arrived in power…

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It was during a very simple ceremony in the premises of the General Directorate of the Autonomous Port of Cotonou that the act was formalized on Wednesday 04 April 2018. The Belgian Christiaan de Block is now the Director General of the Port Autonome de Cotonou following the contract of delegation signed between the port of Antwerp and the Beninese government. Previously Director of Operations for the Antwerp Port Authority, Mr C. de Block took the reins of a port that was almost dying and abandoned by most economic operators. The latter having now made the option of that of…

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Because the fight for freedom is not a rational exploitation account, Nomzamo Winifred Zanyiwe Winnie Madikizela-Mandela better known as Winnie Mandela embodied until his last breath, the honors and disappointments of the camp that fought the odious system of apartheid. His death, announced this April 2, 2018, in a South Africa liberated but in prey, now more than ever, inequality and poverty, reminds President Cyril Ramaphosa, newly elected, the many expectations of a deceived people by politicians who confuse politics and business. Missing at the age of 81, Winnie Mandela married Nelson Mandela in 1958. The couple split in 1992…

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Executive Director of the National Bank of Mauritania (BNM), Mohamed El Hamed, delivered a plea for PPPs in Mauritania and the G5 Sahel countries on the sidelines of the XIth PPP meetings, held on 21 and 22 March 2018 in Paris. “You must know that the founding members of the PPP Mauritania Club are the leaders of our National Bank. It was first our president Mohamed Ould Noueigued who came up with the idea, having found that there was unfortunately no framework for consultation between the state and private economic actors, “said the banker in comments relayed by the letter…

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The new director general of the Chadian Electricity Company (SNE) is Jean-Paul Mbatna. The former director general of the Agency for the Development of Renewable Energies will be assisted by Nassour Mahamat Delio. The two executives are not entitled to the error. Their two predecessors, Mahamat Adoum Ismail and his deputy, Hamid Djouminho Djouma were fired Friday by presidential decree released Friday night by the public radio and television. Chadian President Idriss Déby Itno has carried out this double dismissal while the country is subjected, in recent days, to major power cuts and water. Entire neighborhoods in N’Djamena, the capital,…

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In an interview with the French weekly Challenge, the president of Benin, Patrice Talon, believes that Bolloré must leave the great railway project of the Niger loop. 3000 km long, this pharaonic site awarded to the French group in 2013 has not progressed since, entangled in a judicial standoff. Magistrates have ruled in favor of Bolloré’s rival, the Beninese businessman Samuel Dossou, who believes he has rights previously granted by the Beninese government. “We have to get out of this legal jumble,” says Patrice Talon. Both operators must withdraw, amicably, from the project. And they will have to be compensated…

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Some 700 people are stopping because of the announced bankruptcy of Rougier. The wooden operator had filed for bankruptcy in early March at the Commercial Court of Poitiers. The wood merchant employing nearly 3,000 people worldwide, including 2,900 in Africa, reported “significantly increased stocks due to the non-evacuation of shipments from a fully saturated port that is not subject to no investment and which is also considerably silted, which hinders boats to go to the docks take packages to ship. Claims refuted by the director general of the port of Douala. The bankruptcy of the Rougier Group should not fall…

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