PA Resources AB, holding many assets in Africa, submitted to the Tunisian authorities an updated development plan, sound on the technical and commercial aspects, for the Zarat field off the coast of Tunisia, we learn on 28 July from the oil and gas company listed on the NASDAQ OMX. The proposed plan has two development stages and was jointly prepared by teams from PA Resources and the Entreprise...

In DR Congo, the television channel Canal Mercure has been suspended for a period of 7 days by the High Audiovisual and Communication Council (CSAC) during a plenary session on 23 July 2015. The regulatory organ criticised private channel Canal Mercure for fraudulently broadcasting the programs of other television media, including those of the French group Canal+. CSAC noted that the piracy was...

From 23 to 25 July 2015, Thomas Lukaha Losendjola, the vice-Prime Minister, Minister of Posts and Telecommunications, New Technologies of Information and Communication (PT/NTIC), undertook a round of inspection in the Kongo Central province. He was interested by the fiber optic laid by the government from the landing station of Moanda to Kinshasa. And the observations listed by the minister are...

According to the Tunis Agency Africa Press (TAP), journalists will benefit from the right of professional secrecy in the same way as lawyers and doctors, within the scope of the law against anti-terrorism and money laundering in Tunisia. TAP specifies that the assurance was given by the President of the Representatives of the People's Assembly (ARP), Mohamed Ennaceur. On Friday 24 July 2015, he...

Total Gabon announced on 23 July that the well “AGMN081”, of the phase 3 of the Anguille field re-development project has been delivered and will be deployed by end of July 2015. This field, located South-West of Port-Gentil is the first sea deposit of Gabon discovered in 1962. It was thanks to new seismic studies undertaken from 2002 that the re-development project was agreed on and the...

Gabon adopted a new mining code which repeals and replaces, subject to the application texts, the bill of law n5/2000 of 12 October 2000 on the Mining Code in the country as well as all previous contrary provisions. The new code has 356 articles, against 220 for the previous one, expresses the vision of the head of state who wishes for Gabon to be an emerging country by 2025 and turns out to be...

Randgold Resources, which has gold assets in Africa, recorded significant progress during the last three months, in the development of the Tongon gold project located on the Nielle permit, about 55 km from the Côte d'Ivoire border with Mali. The mining company listed in London and New York reported this development which concerns the achievement of its production goals, in an update on 25...

“The exchange of information as an effective means to fight against fraud and international tax evasion: the role of inspectors-auditors”. Cameroonian tax inspectors gathered for a seminar on this theme on 22 July in Yaoundé, the capital-city, under the aegis of the ministry of Finance, technically assisted by the OECD. The meeting’s first aim is to reveal to the tax inspectors-auditors...

The president of the Economic Community of Central African States (CEMAC), Pierre Moussa, presented on23 July in Yaoundé, Cameroon, a report entitled “budgetary transparency and strengthening of the multilateral monitoring system within CEMAC”. This document drafted by the Foundation for International Development Study and Research (FERDI), notes that the criteria and current indicators used...

Now having the ability to appoint five members to the Board instead of only four for its Moroccan partners, the French telecommunication operator has just added a new subsidiary to its portfolio in Africa. A supposition that has been confirmed by the press release announcing on Friday 24 July the increase of its shareholding to 49% in the capital of the second mobile operator in Morocco. “The...