Korongo Airlines, subsidiary of Belgian company Brussels Airlines, has decided to cease its activities, due to low profitability and high competition.  The announcement was made by the shareholders of the company, launched in 2012 by Brussels Airlines and Belgian businessman Georges Forrest, after an extraordinary general meeting of shareholders held on 4th September in Lubumbashi. “The...

Vincent Bolloré had already fully entered the media sector in Africa thanks to his majority shares in French group Vivendi, owner of Canal+. Today, he is at the head of both the parent company and the subsidiary. On 3rd September 2015, Vincent Bolloré thus assumed the chairmanship of the Supervisory Board of Canal+ group. The company has made Africa its priority market. In 2 years, the TV...

Tantalus Rare Earths AG, German company with assets on a rare earths project in North-East Madagascar, revealed on 4th September going through a difficult financial situation, in connection with the mobilisation of resources for this project. It attributed this situation to the default of one investor who acquired an important number of shares, 750,000 new shares for 6 million Euros, and who...

Ban in DR Congo of the film entitled “The man who repairs women, Hippocrate’s wrath” (L’homme qui répare les femmes, La colère d’Hippocrate). A production focusing on Dr Denis Mugwege (photo) who has dedicated his work to monitoring women victims of the war. “The army feels denigrated, this is a total injustice”, explained the Minister of Communication, Lambert Mende, also...

The Special Criminal Court (Tribunal Spécial Criminel – TCS) sentenced, on 3rd September 2015, Iya Mohamed, ex-General Director of Sodecoton, to 15 years of imprisonment, for embezzling public funds. The legal advisers of the ex-boss of the flagship of the agricultural industry in North Cameroon have already announced that they will make an appeal to the Supreme Court to either reduce or...

A total of 144 hotels and holiday resorts of a capacity of 25,000 beds will be built in Alger by 2017, reported the Algerian Press Agency APS on 31 August, quoting the Tourism Director of Alger wilaya, Salah Benakmoum. “The 144 new projects intended for the construction of hotels and holiday resorts in Alger will enable us to have 25,000 new hotel beds by 2017”, underlined Mr. Benakmoum,...

Between January and August 2015, over 65 million minutes of telephone calls were diverted by fraudsters using SIM toolboxes, commonly referred to as SIM Box. Telecom operators in Cameroon have lost over FCfa13 billion over the period in question due to this practice, a telecom expert revealed to private newspaper Le Messager. Indeed, the Sim Box a device holding many Sim cards, offers the...

In Senegal, the Seed and Cereals Treatment Centre of Koalack has just been inaugurated. According to the authorities, this infrustruction will enable treatment for 3,000 tons of seeds and will cover the needs in seeds of more than 50,000 producers of the Central regions of the country indicates APS. The result of a public-private partnership between Kaolack Semences et Céréales (KASEC) and the...

French telecom group Orange has just carried out a reorganisation of staff as part of its international mobility policy. Alassane Diene, ex-General Director of Orange Guinea since its launch in November 2007, has been appointed at the position in Mali. Eric Bouquillon, ex-General Director and Director for Orange Réunion and Mayotte respectively, is now General Director for Orange Guinea. In...

Mauritanian president Mohamed Ould Abdel Aziz reshuffled, on 2nd September, his cabinet in a move which affected many portfolios, including the ministries of Interior and Foreign Affairs. According to a presidential decree which provides no explanation to this reshuffle Hamadi Ould Meimou has been appointed Minister of Foreign Affairs and Cooperation replacing Mrs. Fatma Vall Mint Souenae, who...