The legal representatives of Justin Sugar Mills (JSM) a company who launched in 2012 the construction project of a FCfa 60 billion sugar complex in Batouri, in the East-Cameroon region, project which was subsequently taken away by the government in February 2015 and awarded to Moroccan Cosumar, following “malfunctions” reported in the project management; is claiming from the Cameroonian...

In Benin the government has set a goal of 500,000 metric tons for the cotton production during the 2015-2016 season. To reach it, the executive have decided to put in place incentives in favour of the producers. As related by an official communiqué transnmitted by APA, “the Beninese government has decided, to not only offer them 100 tractor kits in order to relieve them of the hardship of...

According to a study, the west-african agriculture will not be able to respond to populations’ needs in the region unless it relies on a better integration of the states. The work commissioned by the African Development Bank (ADB), FAO and ECOWAS, meet the challenges faced by regional agricultural industry. Thus, the report indicates, that integration could be the key to achieving economies of...

The Swiss group Ringier announced the launch of a digital communication agency on the African market. For a few years now, the company has been present on the continent through online platforms. In Nigeria, there is the website Pulse.ng. In Ghana, it is Tisu.com.gh and Allsports.com.gh. The online platform Rupu.co.ke is in operation in Kenya. In Tanzania, there is ZoomTanzania.com. In Senegal,...

This June 2015, the Angolan stock market registered an overall volume of transactions of US$197.5 million. The operations involved 161,301 bonds, we learnt from a press release from the local commission of financial markets on 7th July 2015. In May 2015, this value of stock turnover reached US$47 million, which amounts to an overall transactions value of US$244 million, for the two periods...

In the Inezgane lower court, during the opening day of the trial of two young women whose only “crime” is to have worn skirts deemed too short, the public prosecutor finally requested for the lawsuit to be withdrawn, to the general surprise of all. More than 200 lawyers were present or represented at the procedural opening according to the daily L’Economiste which explained that on her own...

Comilog and the Gabonese state will open a School of Mines and Metallurgy, we learn from La Lettre du CIAN. Geared towards Africa, this engineering School will allow companies and public administrations to recruit engineers and technicians who are immediately operational after graduation. The 40 ha campus is located in Moanda, in the heart of the mining and metallurgy basin where Comilog and...

In the pursuit of success in one of its missions entrusted to it by member States and which entails promoting and funding the development of a renewable energies industry in sub-Saharan Africa, the African institution ABREC announces the creation of its own equity crowdfunding platform dedicated to funding projects and SMEs/SMIs operating in sub-Saharan African in the renewable energies and green...

Rwanda plans on US$1.2 billion in foreign direct investments (FDI) following the adoption of a new motivating investment code, a high ranking civil servant in charge of the dossier announced on 2nd July. "This year, we are aiming to achieve foreign direct investments worth US$1.2 billion, and we subsequently expect a growth of 20% pa", declared Francis Gatare, general director of Rwanda...

The Cameroonian Polytechnique engineer Arthur Zang, inventor of the Cardiopad, a medical electronic tablet capable of collecting and transmitting by remote control the cardiac parameters of a patient, received on 2nd July 2015 in Yaoundé, the medal of Chevalier de l’ordre national de la valeur, as well as a cheque of FCfa 20 million representing the special award from the Cameroonian head of...