Amid the Covid-19 pandemic, Côte d'Ivoire faces a new challenge. Last August 14, the country reported a confirmed case of the Ebola virus; the first since 1994. In a swift response, authorities have launched a vaccination campaign that has already benefited at least 200 people. While vaccination continues, the World Health Organization announced on August 19 that a new case is suspected on the...

The African postal market reform initiated last July by Lleida.net is already bearing fruit. The company, which was offering its digital services only in South Africa for a few years now, has just added new markets to its portfolio. The Spanish company Lleida.net, which specializes in the certification of electronic communications, announced on August 16 it has reached a deal with five African...

The World Bank is worried about the conditions of refugees in Chad amid the Covid-19 pandemic. The institution announced on August 17 it is investing CFA3 billion ($5.3 million) through its Refugee and Host Community Support Project (PARCA) to help them cope. Under this program, 22,000 households in N’djamena will benefit from a one-time cash transfer of CFA120,000 payable only once. According...

Five months after an attack that killed 66 people, terrorist groups struck again in the village of Darey-Daye, Tillaberi region, near the border with Mali. The incident happened yesterday August 16. Local sources revealed that several gunmen assaulted people who were working on their farms. “The attack occurred at around 3 p.m. (2 p.m. GMT). The gunmen arrived on bikes and shot at some people...

South African FirstRand Bank acquired, via its private equity branch RMB Corvest, 49% interest in the private higher education institution Inscape Education for an undisclosed amount. The operation is the bank’s fourth investment, since the start of 2021. FirstRand Bank sees Inscape Education as an entity with strong growth potential. The institution, established in 1981, has five campuses in...

The Somali government is continuing its telecom reform initiated in 2017. After the development of an adequate legal framework, which had been lacking since 1991, the government now wants all operators to comply. Starting from September 1, communication infrastructure providers, application and service providers, internet service providers (ISPs), telecom equipment and terminal providers, domain...

Nestlé Côte d'Ivoire made it to the top 5 best-performing stocks in sub-Saharan Africa. The BRVM-listed company ranks 4th thanks to good performances in 2020 with a first dividend distribution in five years. The company posted a record net profit last year and started 2021 on a good note. As of August 13, Nestlé CI’s stock value was high by 1,056.25%. Net profit for Q1 2021 was up 893%...

Morocco has been facing spreading forest fires since August 14. The fires have already destroyed hundreds of hectares in the northern part, Rachid el-Anzi, director of the water and forestry department in Chefchaouen, reported. Firefighters are actively working to control the situation. Water bombers are also being used but authorities say strong winds make the job harder. Although the causes of...

The internal problems of the Ivorian Popular Front (FPI) seem to be growing every day. While former Head of state Laurent Gbagbo is pushing for the creation of a brand new party, the president of FPI’s branch has just announced his exclusion by the central council. Pascal Affi N'Guessan (pictured), President of the branch of the FPI, has just announced the exclusion of former Head of state...

The value of Nigeria’s currency -Naira- has been gradually eroding over the past decade. This year, which marks a post-Covid-19 period, the currency is still slow in recovering and reaching its 2010’s position. Over the past 10 years, the value of the Nigerian local currency has dipped by 171% against the US dollar. Today, the currency of Africa’s biggest economy by GDP is on the verge of...