The construction works of the l’Institut de Formation aux Métiers des Energies Renouvelables et de l’Efficatité Energétique (IFMEREE - Renewable Energies and Energy Efficiency Training Institute) have been launched. The cornerstone ceremony took place in the presence of King Mohammed VI and President François Hollande, as well as Crown Prince Moulay El Hassam and Prince Moulay...

In the South-Kivu in DR Congo, a Club of Community Radios was created on the Initiative for Transparency in Mining Industries (ITIE – Initiative pour la Transparence dans les Industries Extractives). This club, like many others in the country, gathers journalists trained and committed to this process. The delegates of the community radios in South-Kivu, also members of the Network of Radios...

In Côte d’Ivoire, cocoa producers can rejoice as the government has just announced an increase in the price per kilogram of the commodity. Indeed, Ivorian President Alassane Ouattara indicated that this price would register an upwards movement from 1st October. “On 1st October, I will again increase the farm gate price”, he announced during a meeting in Abengourou, in the East of the...

Survitec, a company that supplies mooring systems to the offshore market, has provided an ExxonMobil oil field in Angola with a 180-meter single leg mooring hawser The rope which weighs just under nine tonnes, and with a diameter of over 150mm, provides a Minimum Breaking Load (MBL) of 924 tonnes. The rope is to be used to moor a large offloading tanker to a Floating Production Storage Off...

The Office Chérifien des Phosphates (OCP), of which the Moroccan state owns 95%, is considering opening its capital to foreign investors for the first time since its creation in 1920, Bloomberg agency reported on 14th September, citing 2 well-informed sources. The world leader in phosphates is currently reviewing the possibility of foreign investors, such as sovereign funds for example, taking...

Frédéric Debord, appointed Managing Director of Inwi since the inception of activities of the telecom company in 2009 has tendered his resignation during the Board meeting which took place on 18th September 2015. According to the Moroccan news website 360, the French executive has left due to unsatisfactory performance. However, the payment for the first time by Inwi of about 300 million...

The Nigerian National Petroleum Corporation (NNPC) has said that it has secured a $1.2bn (N236.4bn) multi-year drilling financing package for 36 offshore and onshore oil wells under the NNPC and Chevron Nigeria Ltd Joint Venture, to help supplement the federal government’s cash-call commitment. The Corporation, in a statement by its group general manager, Group Public Affairs Division,...

The second West Africa Forum for Clean Energy Financing (WAFCEF2) has awarded the top prize to the Ivoire Hydropower Energy project, a start-up driven by Etty Ekolan Alain, in Côte d’Ivoire. WAFCEF2 is a joint partnership with ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE) and the Climate Technology Initiative - Private Financing Advisory Network (CTI-PFAN). The hydro...

The editor of the famous newsletter Arab Oil & Gas is launching, in partnership with Ecofin Agency, a trade newsletter on African oil and gas: OAG Africa. Francis Perrin will offer, twice weekly, his analysis and high value-added information to subscribers of OAG Africa. Francis Perrin lectures at the Institut de Relations Internationales et Stratégiques (IRIS, Paris – French Institute...

In Chad, the Chinese company CGOCOC has taken a commitment to develop agriculture. The group, having signed a memorandum of understanding with the Chadian leaders, will build a modern farm. Apart from agricultural production, the group will undertake processing and marketing of food products, indicates Xinhua. The agency explains that the different projects covered by this MOU will be spread...