Author: foulah baldé

This powerful training and practice tool for safely simulating attacks and IT security incidents is now available in six West and Central African countries. Abidjan, Côte d’Ivoire – February 23, 2023 Sancfis Group has announced today that it has signed a contract to acquire the Thales Cyber Range. The Thales Cyber Range is a state-of-the-art virtual environment that allows IT security professionals to simulate their environments to detect vulnerabilities. On this dedicated, controlled and secure platform, users can simulate attacks and security incidents in a virtual environment that behaves like a complete IT network, including servers, workstations, routers, firewalls and…

The Economic Commission for Africa hosts the Eighth session of the United Nations Global Geospatial Information Management for Africa in Addis Ababa, Ethiopia. The event takes place from 26 to 27 October 2022 on the sidelines of the Eighth Statistical Commission for Africa. In opening the session, Oumar Ka, Executive Board Chair, UN-GGIM Africa, explains the meeting is an opportunity for the regional committee to showcase new policy and trends, discuss technical issues, and other spatial topics. “We convene this meeting each year because we care hugely about geospatial information management in Africa and the positive transformation of change that we…

He is one of the manias in the Malian gold sector, Ismael Siby, the child of Djoliba, trained in Hong Kong, is the promoter of the gold refinery Marena Gold, the first gold refinery with 100% Malian capital. Ismael Siby was interviewed exclusively by Financial Afrik. Read  Mr. CEO, how is Marena Gold doing and how is the gold sector doing in Mali? First of all, I would like to thank you for this opportunity to express myself for the very first time in the columns of Financial Afrik, a regional and pan-African reference newspaper. Your faith in regional and…

African Media Agency (AMA)/- The Mastercard Foundation today announced its Young Africa Works strategy in Uganda, which has set a goal to enable more than 3 million young people in the country to access dignified and fulfilling work opportunities by 2030. Under Young Africa Works, the Foundation has committed $200 million to ensure young women, men, and refugees in Uganda have access to economic opportunities. Presiding over the virtual launch of the strategy, His Excellency President Yoweri Museveni noted Young Africa Works’ alignment to the government’s national development plan. “I commend Mastercard Foundation for your efforts towards youth empowerment and transformation…

On the sidelines of the World Bank-IMF Spring meetings, Canada announced a $1.1 billion commitment in temporary callable capital to support the African Development Bank. Canada’s announcement, to be approved by the Bank’s governors, was made by Maryam Monsef, the Canadian Minister of International Development and for Women and Gender Equality. “I am happy to say that today, Canada is demonstrating its commitment to African countries and our confidence in the African Development Bank by announcing that we are going to subscribe up to US$ 1.1 billion in temporary callable capital, if required.” Minister Monsef told members of the Diplomatic Corps based…

Since the arrival of Louise Mushikiwabo at the head of the International Organization of La Francophonie (OIF), three presidential elections have been held in the French-speaking world, particularly in Madagascar, the Democratic Republic of Congo (DRC) and Senegal. As is customary in this organization, after the confirmation of the results by the high court of the country, the Secretary General of La Francophonie warmly congratulates the newly elected President. The new Secretary-General has not departed from tradition, but the impression we get from reading press releases is that selectivity and double standards prevail over neutrality. In Madagascar, the unfortunate candidate…

By Massandouno Doussou Komara. Repatriation of assets stolen by corrupt leaders: from theory to reality The return of stolen assets by corrupt leaders to their countries of origin has been a concern of several, mostly African, states since the late 1990s. In 1999, the newly elected Nigerian President, Olusegun Obasanjo, appealed to the General Assembly the United Nations to the creation of an international convention on the repatriation of African wealth illegally acquired and held abroad. This position was, of course, motivated by the colossal sums diverted by one of his predecessors, the dictator Sani Abacha, estimated at between $…

Viettel Global’s Lawyer rejects baseless and unfounded allegations, which indicate a clear desire of the Chairman of the Board of Directors – Mr Baba Ahmadou Danpullo, to illegally take over the company – Viettel Cameroun S.A (Nexttel). Jing & Partners Attoneys-at-Law has announced their determination to protect Viettel Global Investment JSC. (“Viettel Global”) in the Cameroon-based joint venture, Viettel Cameroon S.A (operating under the brand name Nexttel – “Joint Venture”), against false allegations made by several local newspapers based on anonymous information. These allegations are completely one-sided, unfounded, unproven and fabricated in order to defame an internationally reputable…

On the occasion of the speech marking the 19th anniversary of his accession to the throne, King Mohammed VI announced the establishment of a single social register grouping all social programs. Since Al Hoceima, city symbol of the social demands that dominated the news in 2017 and 2018, the sovereign called for a reorientation of social action. “It is foolish that more than a hundred programs of support and social protection, of different formats and being allocated tens of billions of dirhams, are scattered between several ministerial departments and multiple public stakeholders”, lamented the king in his message July 29…

Discussions for the establishment of a first African alliance are under way, according to Air Mauritius officials, in a general meeting on July 12, 2018 at the Hennessy Park Hotel in Mauritius. In addition to the Mauritian company, this alliance will consist of, among others, South African Airways, RwandAir and Kenya Airways. “The consultations started with African airlines, including South African Airways, Kenya Airways and RwandAir,” according to Air Mauritius management. It should be noted that there are three major airline alliances on the continent, Star Alliance, Sky Team and Oneworld. As a reminder, Kenya Airways is a member of…

WARA has upgraded ONATEL’s regional currency long-term rating to ‘BBB’. This rating is one notch below the sovereign ceiling of Burkina Faso, which is established – according to WARA- to ‘BBB +’. In addition, WARA affirmed ONATEL’s short-term rating at ‘w-4’. The perspective attached to this notation is stable. As a reference, the international currency ratings that WARA assigns to ONATEL are: iB / Stable / iw-6. Listed since 2009 in the first compartment of the stock market of the Stock Exchange Regional Securities (BRVM), the company is a global operator and telecommunications leader in Burkina Faso; it offers…

At its 18th Annual General Meeting, which opens June 28 in Abidjan, the Africa Trade Assurance Agency (ACA) will present a US $ 10 billion volume of business support and its intention to pay dividends to its shareholders for the very first time. This 18th Ordinary General Assembly in Abidjan is co-organized by the Government of Côte d’Ivoire, the second West African country to become a member and the ACA. An office should open this year and a regional office in Cotonou. ACA has been planning its expansion in West Africa for a number of years, starting with a collaboration…

ABIDJAN, June 25, 2018 – The African Trade Insurance Agency (ACA) will hold its 18th Ordinary General Assembly in Abidjan, co-hosted by the Government of Côte d’Ivoire. This country is the second West African country to become a member and ACA plans to open an office there later this year as well as a regional office in Cotonou. In Côte d’Ivoire, ACA has supported a US $ 30 million loan that will allow a government agency to import the materials needed for a road construction project. ACA has also secured a $ 15 million loan to help the country refine…

The Bank of China has granted a credit line of 44.9 billion CFA francs to Cameroon, according to an announcement published Wednesday (June 6th) in the Official Journal (OJ). This loan is intended to finance the first phase of the National Extension Project, the intelligent urban video surveillance system. It is stated in the said newspaper that for this purpose, the Head of State, Paul Biya, signed a decree authorizing the Minister of the Economy, Planning and Spatial Planning (MINEPAT) to initial the agreement with this Chinese bank. Initially, the National CCTV Extension Project’s commercial loan agreement was set at…