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only “crime” is to have worn skirts deemed too short, the public prosecutor finally requested for the lawsuit to be withdrawn, to the general surprise of all.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...

The Burkina paper Sidwaya makes its apparition in Abidjan this 6th July 2015, with its digital offspring: A mobile application of the newspaper (Sidwayamobile), 2 websites (one for the Burkina news agency and the other for the daily Sidwaya itself), and finally a digital version of the newspaper available on the website http://www.sidwayanumerique.com. All these digital products will be launched...

Between 2013 and 2015, SNV, a Dutch cooperation institution, built 164 biodigestors allowing households in up-country areas in Adamaoua (Northern Cameroon) to produce biogas from cow dung. These investments were made as part of the project "Domestic biogas in Cameroon", supported by the ministry of Energy and Water, we learn from official sources. This project completed on 30th June 2013 made it...

Guinness Cameroon, local subsidiary of the British food processing firm Diageo, which used 2,700 metric tons of local raw materials in 2014, for the production of its alcoholic and non-alcoholic beverages (Guinness, Guinness Smooth, Malta Guinness, Satzenbrau, and Harp), will see its needs in local produce increase fivefold to reach 17,000 metric tons in 2018, a jump of over 600% compared to its...

The Central Electricity Board (CEB), national company producing and distributing electric power in Mauritius, has decided to enter the internet service supply market. The company is considering using its extensive aerial fiber optic network which has been up to now underused and coupled with its high-voltage power lines to meet the ever increasing demand of Mauritians for quality high speed...