Is the dynamic which made the Ivorian cotton crop reach a record level last year running out of steam? While the country had set its production target at 500,000 tons, it appears it will not reach the same level as last year according to Intercoton. According to the president of the inter-professional cotton organisation of the country, the responsibility of this situation lies mainly with the...

For the African countries in the Mediterranean area, the market was never as ready for olive farming as now. Indeed, the market price for olive oil has reached its highest level over the past ten years at 4,099.52 Euros per ton. This increase is mainly due to the challenges faced by the two main producers of this oil, Spain and Italy. If Spain usually provides 45% of the world production of the...

Cairn Energy Plc, a British oil and gas company, has registered the drilling of an exploratory well on the rich offshore Bellatrix prospect as part of its assessment and exploration program on the offshore Senegal potential. The Bellatrix well will be the third well in a sound evaluation program of three years for which the joint-venture partners was been granted approval by the Senegalese...

Gabon has just taken another step in the implementation of the GRAINE program (Gabonaise des réalisations agricoles et des initiatives des nationaux engages – Gabonese Agricultural Achievements and Initiatives of Committed Nationals). Indeed, the government has just announced the departure of 54 trainees to Malaysia. The young people, first of a group of 2,500, will spend four months in the...

The 14th edition of the African Growth and Opportunity Act (AGOA) opens today in the Agondjé stadium in Libreville, with the ministers and Trade experts pre-forum. Based on the official program, this event will be launched on Wednesday 26 August 2015 by the head of state Ali Bongo Ondimba who will give a speech. The Office of the President of the Republic of Gabon announces that the forum will...

On strike since 29 July 2015, to protest against the attacks they are victims of once on Central African soil, the Cameroonian haulers, who travel on the Douala-Bangui corridor, have decided to resume work on 22 August 2015. This decision was taken on the same day after a round of negotiations between the Cameroonian and Central African authorities, the Bureau of management of land freight...

Traffic has resumed on the railroad linking Kinshasa to the port city of Matadi in the Democratic Republic of Congo, after a break of 15 years. The event took place on Saturday 22 August, with the CEO of the Congolese Transports and Ports Trading Company (SCTP) Kimembe Mazunga, in attendance. “We are at the beginning, but I am happy to see the enthusiasm of the public. I did not expect to...

San Leon Energy, the AIM listed company focused on oil and gas exploration in Europe and North Africa, has declared that the El Aaiun-4 well on the Tarfaya conventional license, onshore Morocco, was spud today. San Leon is the operator of the Tarfaya license and holds a 75% net operated interest while ONHYM, the Moroccan National Bureau of Petroleum and Mines, holds the remaining 25%...

In Senegal, Futurs Médias Group (GFM) has expanded with 3 new television channels, being iTfM, OléTfm and TfmReligion. Youssou Ndour’s media group thus beefs up its offer which was so far limited to Tfm, the parent TV channel, as well as radio Rfm and the daily l’Observateur. These three media are among those with the highest audiences in the country, each in its sector. The same...

The Democratic Republic of Congo (DRC) hopes to obtain compensation of USD 21.622 billion from polluting countries, during the next COP 21. This amount according to official sources is meant to put the important forest area of this country, the second largest in the world, to use in the fight against global warming. This participation necessitates, according to Congolese experts, technical and...