The Friedrich Naumann Foundation has decided to get involved in the battle led by Ivorian authorities to secure their lands. It has in this framework organized last Nov. 10 its “Jeudis libéraux” meeting which was a conference on the theme “Private property, rural land tenure and development”. According to Fraternité Matin, the conference falls in line with the “How to establish rural...

Tunisia, Botswana and South Africa are the three African countries with the best entrepreneurship environment, according to the “Global Entrepreneurship Index 2017” published on Nov. 13 by the Global Entrepreneurship and Development Institute (GEDI, London). Worldwide, Tunisia comes 42nd in the rankings ahead of Italy, India, China and Russia. Botswana and South Africa are respectively...

From November 23 to 25, 2016, Brazzaville, Congo’s capital, will host the national conference on digital technology. The event which will be under the theme “Digital Economy: A lever for economic diversification, competitiveness, employment and modernization of public administration in Congo” will allow private and public actors of the ICT and telecom sectors to discuss the various ways to...

The Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) will grant $50 million in concessional loans to developing countries for renewable energy projects. Deadline for applications to the funding programme is February, 15, 2017, IRENA revealed. It added that results for selected projects will be announced in January 2018. The loans are part of the...

In Egypt, Oil Minister, Tarek El Molla said at an economic conference on Nov. 14 that the country would launch in December 2016 its first international call to tender for gold concessions, since 2009. The call to tenders was announced earlier this year but was postponed repeatedly. Following the political crisis of 2011 and global plunge in prices of gold, investors left the country which they...

The European Bank for Reconstruction and Development (ABRD) has launched in partnership with the Union for the Mediterranean (UfM), the SEMED Private Renewable Energy Framework (SPREF). The program aims at developing renewable energy markets in Morocco, Tunisia, Egypt and Jordan. In this framework, the EBRD will provide €227.5 million in financing in addition to committing to mobilize...

Gabon’s President, Ali Bongo Ondimba, who is presently in Morocco for the COP22, received on November 14, 2016, Hamid Raji, CEO of the Marocaine des Thés and administrator of the T-MAN holding. The two men discussed the development of Gabon’s agribusiness sector. After their meeting, Mr. Raji said his company, which was founded in 1936, plans to make Gabon the base from which it will...

Sub-Saharan Africa (SSA) focused private equity firm Adenia Parters has announced in a statement published on Nov. 10 it has secured €180 million of commitments for its fourth fund, Adenia Capital IV, thus 90% of initially eyed sum. Adenia Capital IV has attracted a wide range of investors including renowned international institutional investors, family offices, foundations as well as...

In Libreville, Gabon, the Minister of Small and Medium Enterprises Biendi Maganga Moussavou has revealed on the sidelines of the opening of the first space dedicated to SMEs in the country, held yesterday, that his office was finalizing the structuring of a FCFA10 billion guarantee fund in partnership with Africa Guaranteed Fund (AGF) and Bpifrance. “During their latest visit to Libreville...

Air Seychelles announced it would acquire a second Airbus A330 as it aims to serve new destinations in Africa and Europe. The airlines in which Emirati group Etihad Airways holds a 40% stake, plans to connect Seychelles to Germany starting from March 30, 2017, by opening a flight line to Düsseldorf at a rate of two flights per week. Air Seychelles also wants to increase flights frequency by...