The men’s African basketball championship is shown on the channels of the French group Canal+ which, in 2014 reached 1.5 million subscribers on the African continent. Canal+ acquired the broadcasting rights to the African basketball championship which started this 19 August 2015 in Tunisia, to conclude on 30 August. This competition takes place every 2 years. In a press release, Canal+...

The British oil and gas operator Bowleven PLC announced, on 19 August 2015, the launch of its drilling operations on the Moambe well in the Bomono permit, located onshore in the Douala basin, in Cameroon. This well, we learn, is located just over two kilometers East from the first well, Zingana, on which Bowleven recently discovered a hydrocarbon interval. On this subject, the British company...

The commercial chambers of the Courts of First Instance (TPI) and Court of Appeal now have new refurbished offices equipped with IT infrastructure with technical spaces for servers and central inverters, networking equipment, safety material and an interconnection system. In its desire to make Togo a destination of choice for investors, the Togolese government launched on 11 August an online...

The shares of OfficePlast, a Tunisian company specialised in the production and sale of school and office items, will be available for sale from 27 to 28 August at the price of 2.23 dinars each. In total, some 2,242,160 new shares will be on offer to investors, representing at the end of the operation 35.9% of the capital. 681,620 new shares, representing 30.40% of the offer and 10.92% of the...

Companies operating in the mining and oil sector, paid about USD 1.8 billion to the Congolese state, according to a 2013 ITIE report on this country with a huge potential attracting big mining and oil&gas companies. The Katanga province is said to have collected USD 1.2 billion coming, for the most part from the mining sector which represents 70% of this particular sector in DR Congo. It is...

Cashew nut varieties which can yield up to one ton per hectare. These are the new products on which the agricultural research is poring over in Côte d’Ivoire. According to Dr Mariam Ouattara, technical director for cashew at the Cotton and Cashew Council (CCA), these varieties will enable the country to move from a traditional agriculture of the cashew to an industrial agriculture. The...

The 800,000 inhabitants of Bata in Equatorial Guinea have been living without electricity for the past two weeks. This energy shortfall in the economic capital of the country is mainly due to a drought. The city is indeed supplied by the Djibloho hydroelectric power plant of a capacity of 120 MW, located on the Wolé river which water level has substantially decreased. "We have special...

The Tunisian government announced on 18 August, that it authorises the resumption of commercial flights from two Libyan airports which had been suspended since August 2014 for security reasons. “Starting today, airspace is reopened to Libyan airline companies for flights departing from all Libyan airports, in the East as in the West, for airports in Tunisia”, the Tunisian Minister of...

The Gabonese banking group announced in a press release having officially started its activities in Senegal. “This new establishment strengthens the ambitions to expand of the group in Africa and more precisely in development zones with high potential such as the West African Economic and Monetary Union (UEMOA)” declared the BGFI Bank group CEO, Henri Claude Oyima, quoted in the...

The Moroccan group Banque Centrale Populaire (BCP) has just signed an agreement with the state of Niger to buy a majority share (over 70%) in the capital of the Banque Internationale pour l’Afrique Niger (BIA Niger), reports the Moroccan newspaper L’Economiste in its newsletter dated 19 August. The amount of the transaction has not been revealed. “The objective to reach through this...