In Tunisia, the television channel Nessma broadcast an exclusive interview of the President of the Republic, Béji Caid Essebsi, from 21h05 on 22 September 2015. The audience level exploded on the channel of Nabil Karoui. In effect, there was not a better prime time on the television in the whole of Tunisia. According to Audimat.tn measurement results, Nessma TV achieved the best audience rating...

Côte d'Ivoire has just inaugurated a wharf with a value of FCFA 29 billion in the fishing port of Abidjan. Measuring 1060 metres long, the infrastructure which stretches over 8.2 hectares is the culmination of the first phase of this port modernisation project. In the coming months, the country will invest FCFA 15 billion in the creation of 10 hectares of industrial land, emphasised Alerte...

The end of the crisis in the Algerian milk sector is nowhere near. In effect, the meeting between the different actors in the sector, which was held last Sunday, did not result in anything concrete. The milk processors only proposed an increase of 2 dinars with respect to the 35 dinars actual purchase price for the litre of the commodity. Which brings the amount levied by the producers to 49...

The Congolese president Denis Sassou-Nguesso is having more and more difficulty resisting the temptation to modify the Constitution to stay in power. The Head of State aged 72 announced, on 22 September, that he would organise a referendum on the revision of the basic law in order to be able to stand for a third term during the presidential election in 2016. Without giving precise dates, he...

The Injaro Investments fund, focused on West Africa has just announced its second investment in Malian agriculture. Through Injaro Agricultural Capital Holdings (IACH), the fund is betting Comptoir 2000, a local seed producer. Though the amount of the investment was not revealed, we however know that the partnership will enable this company to improve the varieties of seeds produced, expand its...

The investment firm AfricInvest announced on 21 September 2015 that it has finalised the divestiture process of its 59.3% share in the Pan-African leasing group Alios Finance. The buyer is the consortium Tunisia Leasing Group Finance, which comprises the company Tunisia Leasing, the Tunisian bank Amen Bank, Proparco (subsidiary of the French Development Agency dedicated to the private sector),...

On September 17, 2015, it was announced that Cameroonian businessman, James Onobiono, was about to launch a new company named Quantum Cocoa SA. The announcement happened during the signing of various agreements which enabled six firms to benefit from the law to boost private investments in Cameroon. The purpose behind Onobiono’s Quantum Cocoa SA is the establishment of a cocoa-processing unit,...

Bass Metals Ltd, gold and base metal mining company listed on ASX, will acquire a 25% strategic interest in Graphmada which operates the high grade Lorahano graphite project, in Central-East Madagascar and about 100 km from the Tamatave Port. Through a strategic agreement signed for this purpose with British Stratmin Global Resources Plc, holding 100% of Graphmada, Bass Metals will bring...

Endeavour Mining Corporation, an intermediary gold mining Canadian company, will buy the 55% indirect equity of La Mancha Holding SARL, an investment company working in the gold sector, in Société des Mines d’Ity S.A. (SMI), which operates the Ity gold mine in Côte d’Ivoire as well as various other operations in the region. This comes following a long-term strategic partnership signed...

The French group Bouygues and the Swiss hotel chain Mövenpick will form a partnership with the Société Abidjanaise de Promotions Industrielles et Immobilières (Saprim) to invest € 55 million in a 5-star hotel in Abidjan, the three companies announced in a joint communiqué published on 21t September. The construction works will start within the next 6 months and should be completed...