A tragedy. Quite shameful! This is how Ivorian President Alassane Ouattara qualified the clandestine immigration of Africans to Europe. “What is happening with young people who find themselves in the Mediterranean graveyard is unacceptable”, he declared yesterday, 28 August 2015, at the Amitié Stadium in Libreville, Gabon. Shortly after the official launch of the New York Forum Africa,...

The hotel group Club Med announced, in a press release published on 25 August, that it would open in 2017 a second resort in Senegal, with an investment of 63 million Euros. The memorandum of understanding for the construction of Saraba Village was signed on 21 August by Henri Giscard d’Estaing, Chairman of the Board for Club Med, in the presence of Mahammed BounAbdallah Dionne, Prime Minister...

On strike since 29 July 2015, to protest against the attacks they are victims of once on Central African soil, the Cameroonian haulers, who travel on the Douala-Bangui corridor, have decided to resume work on 22 August 2015. This decision was taken on the same day after a round of negotiations between the Cameroonian and Central African authorities, the Bureau of management of land freight...

Traffic has resumed on the railroad linking Kinshasa to the port city of Matadi in the Democratic Republic of Congo, after a break of 15 years. The event took place on Saturday 22 August, with the CEO of the Congolese Transports and Ports Trading Company (SCTP) Kimembe Mazunga, in attendance. “We are at the beginning, but I am happy to see the enthusiasm of the public. I did not expect to...

The Democratic Republic of Congo (DRC) hopes to obtain compensation of USD 21.622 billion from polluting countries, during the next COP 21. This amount according to official sources is meant to put the important forest area of this country, the second largest in the world, to use in the fight against global warming. This participation necessitates, according to Congolese experts, technical and...

The General Manager of railways for the Bolloré group, Thierry Ballard, and the Prime Ministers of Niger and Benin respectively, Brigi Rafini and Lionel Zinsou, signed concession agreements for the operation and infrastructure construction of the Niamey-Cotonou railway on 13 August. "The purpose of signing these concession agreements is to settle definitively all the agreements which will allow...

The Mozambican economy registered a growth of 6.1% during the first half of 2016, according to data published on 12 May by the government following a cabinet meeting. Inflation, for its part, was pinned at 2.35% for the first six months of the current year against a forecast of 5.1% for the whole year. In 2014, the real GDP of Mozambique increased by 7.6% thanks in part to the public expenditure...

Angola has formed a monetary agreement with China which makes the Yuan the second legal tender in the second top African producer of crude oil, announced the Angolan minister of Trade, Rosa Paca, on 3 August. The Kwanza will also be accepted in China, according to this agreement which will allow Angola to import more Chinese goods and to be less dependent on the dollar. The new agreement is...

It is her husband, the ex-president of Madagascar who made the announcement: "I declare that we have won a victory in Antananarivo" rejoiced Marc Ravalomanana whose spouse has just been elected, according to him, Mayor of the capital. Even before the release of the official results, the camp of the ex-president claims victory with over 55% of votes. However, the polls were characterised by...

The Ivorian president Alassane Ouattara announced that his country will increase its investment in the African Export Import Bank (Afreximbank) by activating its subscription rights to new shares issued within the capital increase operation currently undertaken, we learned from a communiqué released by the institution. One should remember that in September 2014, the shareholders of Afreximbank,...