Many accusations have been made by the Burkinabe Digital Communications Services’ Consumers Association (Association Burkinabé des Consommateurs de services de Communications Electroniques - ABCE). The association criticises the agreement signed in June 2015 between Canal+ and Neerwaya Multivision, for the broadcast of some television channels, particularly Canal+ channels. ABCE notes that the...

FNAC, French leader in the retail of cultural and digital products, announced on 7th September, that it would soon open two stores in Côte d’Ivoire, marking its first steps in sub-Saharan Africa. The opening of the two stores will take place as part of a partnership with Prosuma group, one of the leaders in the retail sector in francophone Africa.   The first store of 300 square metres...

As part of the Floods Fight Emergency Project (Projet d’Urgence de Lutte contre les Inondations – PULCI) in Northern Cameroon, the government recently awarded contracts for the refurbishment of irrigated areas as well as the Maga & Logone and Mayo Vrick dykes to two groups of Chadian companies. According to the official communiqué published for this purpose, these contracts were won by...

Spectrum ASA a company focused on delivering high-quality Multi-Client seismic data and holds the world’s largest 2D offshore library has entered into a Multi-client master co-operation agreement with the federal government of Somalia. The agreement which was signed during a signing ceremony on the 5th of September at the SYL Hotel, Mogadishu, allows Spectrum to acquire approximately 28,000 km...

Sasol an Energy and chemicals group has reported a 17% drop in earnings to R49.76/share in the year to June 30, 2015, with a solid operational performance offset by a sharp weakening in market conditions, including a year-on-year oil price decline of 33%. The company’s departing CEO David Constable specified that the group expected oil prices to remain low until the end of the 2017 calendar...

Sound Oil, the European and Mediterranean focused exploration and production company, listed on AIM with a cornerstone investor and strong liquidity, has entered into an agreement with Maghreb Petroleum Exploration in which Maghreb has presented Sound Oil a two month period of exclusivity to negotiate and complete the acquisition of a subsidiary of Maghreb which holds a 25% carried working...

Sahara Group, a Nigerian energy company which trades crude oil and owns Nigeria’s largest power plant, has made known its plans to raise as much as $1.4 billion through a dual listing of its oil and gas unit in London and Lagos along with a debut dollar bond sale. The Lagos-based Sahara’s Executive Director Tonye Cole, says the company needs the money to buy oil blocs in Africa’s...

Libya Oil Ethiopia Limited, a subsidiary of the Libya Oil Holdings Ltd, plans to expand its investment and business in Ethiopia. The decision was made during a week-long meeting of the corporate management of the Dubai-based Libya Oil Holdings two weeks ago which was attended by eighteen country managers from different African countries. The management made an assessment on Ethiopia's economic...

The Cameroonian and Chinese governments recently signed an agreement for the financing of a digital interconnection project for the state universities, for an amount of FCfa 75 billion. The information was revealed by the Minister for Higher Education, Jacques Fame Ndongo, to the management of Chinese company Sichuang Communication Telecom Construction Company. Zhao Dhezi, the head of the...

With 25.6% of votes during the regional elections, the Islamist party of Prime Minister Abdelilah Benkirane (photo) appears to be the winner of the regional and municipal elections in Morocco. The Justice and Development Party (Parti de la Justice et du Développement – PJD), in power since 2011, thus maintained its seats and seems to have strengthened its hold on the Moroccan political life....