The tension is at its highest at Moov Togo, a mobile operator and subsidiary of Maroc Telecom. According to the employees, the new CEO, Kitri Houchem, who took over from Djibril Ouattara in February 2015, persists since March 2015, in “not honouring the commitments made when taking office”. He was however meant to have promised to the Union of Atlantique Telecom Togo Workers (STATT) that...

Marc Rennard, executive vice-president of the French telecommunications group Orange for Middle-East and Africa (MEA) declared that the company wished to manage its African operations from Dakar in Senegal and Abidjan in Côte d’Ivoire. This will be done through virtual technologies. A contract will be signed in the next two weeks and the project will move into its installation stage by the end...

The banking group Caixa Geral de Depositos (CGD) controlled by the Portuguese state has become the sole majority shareholder of Banco Totta Caixa de Angola, we learned on 9th July from local media sources. CGD has, in fact, become the sole shareholder of Partang SGPS, the financial holding company controlling 51% of the Angolan bank. In 2009, CGD and the Spanish group Banco Santander Totta,...

In Morocco, the Haute Autorité de la Communication Audiovisuelle (HACA) announced that it would not press charges against television channel 2M following the broadcast of the concert of American artist Jennifer Lopez, on 29 May during the opening of the Mawazine festival. HACA thus replied to the letter sent by the head of government, Abdelilah Benkirane, who asked for sanctions against the...

For a long time reserved by companies holding telecom licenses – Maroc Telecom, Meditel and Inwi – the directory enquiries market segment may see an upheaval in the coming days and become the new battlefield for telecoms. The state is studying opening the market to new companies, not holding a telecom licence. The bill n˚121-12 relating to this matter, modifying and completing the law on...

The national telecommunications operator, Maroc Telecom, announced the launch of its 4G+ internet service on 13 July 2015, next Monday. The company which has been outstripped by its mobile competitors in the marketing of very high speed connection, decided to strike a blow by offering the super high speed, faster than its rivals. To reach this goal, the telecom company went for the expertise...

The Moroccan Ministry for Housing confirmed in its latest statistics the drop in cement sales on the Moroccan market during the first quarter 2015. According to this ministry, only 1,164,837 metric tons of cement was sold in June 2015 against 1,242,725 metric tons during the same period last year, a decline of 6.27%. The total sales volume of cement for the first half of the year is 7,337,136...

ENI, the major Italian oil and gas company is getting ready to invest a further US$4.5 billion in its oil operations in Angola over the next two years, we learn from the Macauhub.com website, citing from the Italian press agency AGI. Claudio Descalzi, CEO of the group, disclosed the addition of this new investment which will be used for the 15-06 block exploration activities, located on the...

During the Summit on the policy of “local content” which concluded yesterday in Libreville, the American gas and oil drilling and equipment company, Baker Hughes, indicated that it already applies this principle, through job nationalisation. “We want to prove to our partners, here in Gabon, to the authorities in charge that we have already started putting in place the process of local...

In Morocco, the minister of Communication, Mustapha el Khalfi (pictured), announced that on the proposal of the head of government, an audit is scheduled to be done on audiovisual production contracts made between public television channels and foreign companies. This is to assess the outcome of the 15 bids awarded to 60 companies during the last 2 years. The minister repeated it to...