The executive board of the Tunisian insurance company AMI Assurances announced in a communiqué published on 28 August, the decision to launch a capital increase of 33 million dinars (about $17 million). This increase of capital will be subject to the approval of an Extraordinary General Meeting to be held on 3 October 2015. Owned by the l’Union générale tunisienne du travail...

According to the latest report on the state of the Algerian telecom market, released on 30 August 2015 by the Post and Telecommunications Regulatory Authority (ARPT), mobile network operator Mobilis is the leader for 3G. The mobile network subsidiary of the national operator, Algérie Telecom, has 3.816 million subscribers, followed by Ooredoo (3.438 millions) and Djezzy (1.254 millions). Market...

A coalition of parties from the Ivorian opposition led by ex-prime minister Charles Konan Banny (photo), threatened, on 31 August, to stand in the way of the presidential election scheduled to take place on 25 October if the government does not start discussions on the composition of the national electoral commission, the voters’ lists and the insecurity which prevails in some regions. The...

In Burkina Faso, there is almost no media company that could survive after having paid a fine of FCfa 10 to 15 million for a press offence. It will be a prescription for death. The alarm has been raised by several professional media organisations among them the Burkina Faso Association of Journalists (AJB). They have published a joint communiqué to react to the government proposal abolishing...

300 million Mauritian rupees, this is the total sum of advertising revenue that the public broadcasting group of Mauritius is yet to recover. This represents a little over USD 8.5 million which should have been collected in the coffers of the Mauritius Broadcasting Corporation (MBC). The revelation was made by information website lexpress.mu which gained access to a report from the Ministry of...

It is only a question of time before Rwanda is readmitted in the Economic Community of Central African States (CEEAC) which gathers 10 member-states: Angola, Burundi, Cameroon, Central African Republic, Congo, DR Congo, Equatorial Guinea, Sao Tome & Principe and Chad. “The ratification process for the readmission order of Rwanda in the CEEAC is following its normal course through the...

The management of the Telecommunications and Posts Regulatory Agency (ARTP) confirmed the launch of the portability of mobile telephone numbers is still scheduled for Tuesday 1st September 2015. It coming into force should increase competition on the national telecommunications market. Consumers will have full powers and freedom to not put up with bad network or service quality from any telecom...

The Agricultural Processing and Rural Development Company (Société de transformation agricole et de développement rural – Sotrader), result of a public-private partnership between the state of Gabon and Singapore group Olam International announced, in a communiqué published on 30 August, the signing of a USD 140 million contract with Caterpillar group. This contract is for the purchase of...

Since July 2015, employees of the regional branch of mobile telephone operator Orange Mayotte are on strike. They are outraged at the non-respect by the general management of the company of the agreements signed in May 2015 on the salary increase of 120 Euros per month backdated to January 2012. Negotiations for this “rising cost of living” bonus came about after the increase in prices in...

The group managing director of the Nigerian National Petroleum Corporation (NNPC), Dr Emmanuel Kachikwu (photo) has vowed to completely eradicated oil theft in the next eight months. This he disclosed at a one day seminar on Security in the Gulf of Guinea Abuja.Vanguard reports Dr Kachikwu said the NNPC under his leadership is presenting a whole lot of measures to check oil theft and to bring...