China will construct a more than $2.5 billion railway network in the Southern African region, the Angolan news website Macauhub indicated. According to information reported by the media, the Trans-Zambezi will, as its name indicates, create a railway network linking many countries along the Zambezi river, namely, Zimbabwe, Zambia, and Mozambique. Initiated by China Railway, the project...

Could Monsanto become a threat to the German agrochemical giant Bayer’s financial health ? This hypothesis is no more discarded by many experts after the failure, lately, of Monsanto, the American group bayer bought for $63 billion.   Monsanto has been condemned by the American justice to pay about $290 million, to an American farmer, for hiding the hazard profile of its weed...

In Senegal, the National Broadcasting Regulatory Council (Conseil national de régulation de l’audiovisuel-CNRA) organized on 6 -7 August 2018, consultation meetings to discuss the challenges and opportunities of the country’s advertising market. Most of the market’s actors were invited to participate for a better regulation of the sector in Senegal. During the meeting, Babacar Touré...

Bain Capital, the private equity firm based in Boston, USA and specialized in alternative financial services submitted an offer to buy 47% shares in a large Indian hospital group sold to the South African group Life Healthcare, concordant media sources reveal.   Should the information be confirmed, this new offer would compete with others such as the one, announced previously, involving...

The draft bill on national reconciliation in Côte d’Ivoire initiated since November 15, 2015, has been reviewed by the Ivorian Civil society organizations Forum during a validation workshop in Abidjan, L’Infodrome reveals. The goals, the website explains, is to let civil society organizations, NGOs, political parties and other participants provide their insights and critics on the...

The draft bill on inheritance and bequests, a reform ensuring that women have the same inheritance rights as men, still divides the Tunisian public's opinion. Despite the upheaval, this draft bill was publicly supported by the country’s president Béji Caïd Essebsi. “I suggest we make equality in inheritance a law”, he said while stressing that as a conciliatory gesture, the testator...

During the ministerial council on August 13, 2018, the Nigerien government issued draft orders authorizing the ratification of two financing agreements totaling CFA24 billion. These funds should finance the construction of two 330 KV and 33 KV tie lines connecting Nigeria, Niger, Benin, and Burkina-Faso. These agreements include a CFA18 billion loan from the African Development Bank (AfDB) for...

Nigeria’s Federal Government announced it has completed procedures to make a concession for six mini hydroelectric power plants to private operators. Facilities will be concessioned under build, operate and transfer (BOT) agreement. “These are government-led initiatives […] to provide access to power for rural dwellers and vulnerable members of our society. We proposed to use six small...

Tunisia’s tourism industry generated a total of $554 million during the first 7 months of this year, reflecting an increase by 42% compared to the same period last year, the tourism minister said. Likewise, tourist arrivals also grew by 23% to 4.4 million during the period. This good performance breathes new life into a sector still affected by political instability following the Jan 2011...

During the 2017-18 budget year, Ethiopia’s exports generated $2.8 billion, just above 50% of the  whole year's target and $71.4 million lower than the previous year, the trade minister reported. Main exported products came from agriculture (64.9%), manufacturing (45.9%) and mining (15.2%). According to the minister, the very poor performance is attributable, among others, to the...