Nigeria imports each year over N400bn ($1.2 billion) worth of paper due to an extremely weak local paper output, Leadership reports According to the website, 90% of papers used to produce newspapers in the country is imported. This is due to the fact that the nation “has no forest that has pulpwood (which is used to make paper) in sufficient quantities to meet the demands of the paper...

Attijariwafa, the Moroccan leader of banking, plans this year to continue its expansion across East and West Africa. According to Bloomberg which disclosed this, the group, to spur its growth, will focus on consolidating its new acquisitions,. In this framework, the bank aims to finalize the acquisition of Cogebanque, Rwanda’s third largest bank by assets. Indeed, the Moroccan lender had...

Aiming to strengthen the naira, the Central Bank of Nigeria (CBN) has raised 230.60 billion naira ($733 million) at an auction May 3, 2017, data released today revealed. This amount is about 80 billion naira more than the institution planned to raise through the process.  The funds were raised via the sale of a one-year treasury bill worth 178.6 billion naira with a yield of 18.81% (more...

In Yaoundé, Cameroon, the Centre for a sustainable environment (CED) launched a platform that aims to gather violation and land conflicts information. Baptised “Atlas colères et résistances communautaires en Afrique”, the platform should be used whistle-blowers denounce wrong actions of various entities, both private and public. “In Cameroon and in about 200 nations worldwide, land...

Leaders of the National Chamber of Certified Developers and Builders of Cote d’Ivoire (CNPC) met on April 27, 2017, with the Head of Cadaster, Mrs. Albugues Dakoua Kouamé, to discuss about the procedure for issuing land deeds. This was revealed by the institution in a statement. CNPC’s secretary general, Ouloudé Thierry Arnaud, also on this occasion asked for “further clarification...

Congo’s minister of foreign affairs and public domain, Martin Parfait Aimé Coussoud Mavoungou, discussed on May 3, 2017 about terms of a land cooperation between Brazzaville ad Abidjan witj Cote d’Ivoire’s amabassador, Thèrèsse N’Dri Yoman. This was reported by the Central African Information Agency. “The minister will be heading to Cote d’Ivoire soo to discuss land issues with...

In Tunisia, 40,000 occupants and users will soon have their land situation regularised. This was announced by the nation’s Prime Minister, Youssef Chahed, on May 2, as was being launched a nation-wide regularization campaign in the Northern part of the country. “The campaign aims to regularise the land situation regarding appropriation in order to introduce thousands of farmers into to...

The Nigerian National Petroleum Corporation (NNPC) has announced that the first set of the three newly planned gas-fired power plants to be constructed in Abuja, Kaduna and Kano will be completed by 2019. NNPC's Group Managing Director, Maikanti Baru (photo), who disclosed this at the ongoing 2017 edition of the Offshore Technology Conference (OTC) in Houston, U.S.A, explained that the three...

The Nigerian Minister of Information and Culture, Lai Mohammed (photo), has revealed plans by the ministry to partner with the United Nations World Tourism Organization (UNWTO) and CNN, to leverage on the Nigerian movie industry, Nollywood, to promote tourism in the country. “Talks are at an advanced stage to forge a very strong and effective partnership to use our comparative advantage in...

The Nigerian Debt Management Office (DMO), on Wednesday, revealed plans to auction N140 billion ($446 million) in bonds on May 10, 2017. Using a Dutch auction system, DMO intends to auction N40 billion bonds which would mature in 2021 and two N50 billion bonds due in 2027 and 2037. They are expected to be settled the following day after the sale. Nigeria issues sovereign bonds on a monthly...