Allianz: Gulf of Guinea sees piracy activity soar, West African Coast is third hotspot...
July 15, 2020: Large shipping losses are at a record low having fallen by over 20% year-on-year, according to marine insurer Allianz Global Corporate...
Conakry Terminal takes delivery of four new gantry cranes
As part of the plan to modernise the activities of the container terminal, Conakry Terminal, a subsidiary of Bolloré Ports, took delivery of four...
AFC Invests in Djibouti’s First IPP and Renewable Energy Project
Africa Finance Corporation ("AFC" or the “Corporation"), the leading infrastructure solutions provider in Africa, announces a US$63 million strategic investment to construct and operate...
First renewable energy project in Djibouti launched by investors AFC, CFM, FMO and GHIH
Supporting Djibouti to meet energy demands and transition towards 100% renewable energy- based electricity production by 2030
Africa Finance Corporation (AFC), Climate Fund Managers (CFM),...
South Africa: South African Airways in turmoil
Waiting impatiently for the 2 billion rand (139 million dollars) to finance its working capital needs by the end of January 2020, the South...
Djibouti is once again intractable in the case which opposes the DP World group
The new sentence pronounced in the conflict between the Dubai Port World group and the State of Djibouti on the termination of the concession...
Guinea: long deadlocked, Simandou mine finds taker
After a long standoff between some investors and the Guinean authorities, the state finally sold blocks 1 and 2 of the Simandou iron to...
Cameroon: MTN chooses for the digitalization of the civil service
The Cameroonian government has set its sights on this telecommunications company to support the digital transformation of the civil service.
By Achille Mbog Pibasso
The local...
Gabon: Petronas Announces Positive Signs on Oil and Gas Discovery
The local subsidiary PC Gabon Upstream S.A of the Malaysian firm Petronasa announces that it has recorded positive first signs on its deepwater oil...
South African Airways commits restructuring plan
Faced with financial difficulties, the South African national airline South African Airways (SAA) has embarked on a restructuring plan to deal with the crisis.
In...
Namibia: DP to build 50-hectare economic hub in Walvis Bay
DP World will build a business park that will initially cover an area of 50 hectares in the port city of Walvis Bay (Namibia).
A...
The security market in Africa: focus on an expanding Eldorado
The increase in recent years in the insured value of physical, petrochemical and airport facilities reflects the stakes of the security market in Africa....
Agriculture: 200% increase in SOGB’s net income in the third quarter of 2019
The net result of the Grand Bereby Rubber Company (SOGB) rose sharply by 200% in the third quarter of 2019 compared to the same...
Cameroon: suspension of the concession of the Container Terminal at the Port of Douala
It is a resounding rebound in the soap opera that is now the concession of the container terminal of the port of Douala, with...