It is an alarmist report that the general secretariat of the CEEAC which the Nouveau Gabon consulted at the conclusion of the meeting of ambassadors of Member States of the Economic Community of Central African States (CEEAC) held in Libreville on 5 August 2015. According to this document “the general secretariat of CEEAC is experiencing a very critical period in its existence, characterised on...

Amara Mining Plc, a gold mining and development group with activities focusing on West Africa, published on 12 August its report for the first half of the year 2015 congratulating itself on the satisfactory result of its ongoing optimisation plan to improve the economic parameters of the Yaoure project, located in the centre of Côte d’Ivoire. The company declared itself in a comfortable...

Gadde Bissik Phosphates Operations Sarl, a mining company formed to operate the Gadde Bissik phosphate deposit, has entered into a memorandum of understanding with Terminaux Vraquiers du Sénégal-Necotrans (TVS Necotrans) for the export of its production through the Dakar Port. The signing of this contract, with this major actor of warehousing, was disclosed on 22 July by Minemakers Ltd, an...

The Algerian government announced, on 10 August, the start of a tax amnesty aimed at integrating funds circulating in the informal sector into the banking system. “The voluntary compliance program as specified by the Complementary Finance (Law LFC 2015) is effective as of 2 August 2015”, announced the Direction générale des impôts (DGI – Bureau of Internal Revenue) in a communiqué...

The Senegal Personal Data Commission (CDP), meeting in a plenary session on 31 July 2015, gave a warning to Digital Virgo, a French company present in 18 countries. The company specialised in the supply of mobile content is reproached with breaching the legal conditions of direct market research. Digital Virgo, during its search for new clients, has indeed repeatedly violated the regulations on...

CEO of the Bocom group (supply of petroleum products, treatment of industrial waste), the Cameroonian industrialist, Dieudonné Bougne (photo), is considering getting into the local processing of iron. This is at least what can be construed from a legal notice published on 3 August 2015, revealing the establishment of Cameroon Steel Manufacturing Company by him. This company, officially created...

In Morocco, the government is considering removing the subsidies it allocates to the national sugar sector. The executive intends to ultimately save some three billion dirhams which will be rerouted towards the health sector, among others. According to Medias 24 which obtained this exclusive news on good authority, the measure, which will be effective at the start of the coming year, falls...

Policemen were held captive in the offices of the television channel Afrique Média located in Douala, the economic capital of Cameroon. They had come to seal it on this 10 August 2015. A deployment from 3 police stations (Central n˚2, 10th and 11th arrondissements), in addition to the Special Rapid Response Team (ESIR). They were however powerless against the crowd. It is about 3 P.M. when the...

SABER-ABREC (Société Africaine des Biocarburants et des Energies Renouvelables- African Biofuel & Renewable Energy Company) abd UNIAFRICA (Union for the development of relations between Italy and Africa) have signed a co-operation protocol to promote the establishment of energy projects, both public and private, in sub-Saharan Africa. The agreement, signed by the CEO of SABER-ABREC Mr....

According to Abuja, the drainage of the Lagdo dam located in the north of Cameroon could force the Nigerian populations living next to the Benue river, the most important water body in Eastern and Central Nigeria, to move. Furthermore, AFP indicates that, the government has issued an advisory to these populations to "be ready to evacuate" the sensitive zones while urging the local authorities...