Masen (the Moroccan solar energy agency), CEA (French Atomic Energy and Alternative Energy Commission) and the French group Alcen are now committed to the development of solar energy in the kingdom. By means of a group of agreements, these companies will develop R&D and finance innovative projects. First actions of this plan, Masen acquired half of the capital of the company Alsolen...

The Cameroonian Minister of Agriculture and Rural Development, Essimi Menyé, officially launched the fruit tree growing development Project, on 28 July 2015 in the capital Yaoundé. This project, we are told, requires total financing of FCfa 178.5 billion, of which a part will be provided by the FAO during the pilot phase, while the government will raise the bulk of the funds. According to the...

The international institution ABREC (African Biofuel Renewable Energy Company) officially launched on 22 July 2015 in Lomé an equity crowdfunding platform, www.abrec.financeutile.com, in partnership with Finance Utile, a pioneering French platform in equity crowdfunding. The new platform will be dedicated to the financing of projects and SMEs which operate in sub-Saharan Africa in the renewable...

IFC, a member of the World Bank Group, announced in a communiqué that it has granted financing to help expand a leading private hospital in Ndjamena. This investment of €1.23 million, a first of its kind, will be used to construct and equip a new hospital with a 56-bed capacity in Ndjamena, by the Clinic La Providence, currently renting a building with a capacity of 26 beds. The new...

PA Resources AB, holding many assets in Africa, submitted to the Tunisian authorities an updated development plan, sound on the technical and commercial aspects, for the Zarat field off the coast of Tunisia, we learn on 28 July from the oil and gas company listed on the NASDAQ OMX. The proposed plan has two development stages and was jointly prepared by teams from PA Resources and the Entreprise...

In DR Congo, the television channel Canal Mercure has been suspended for a period of 7 days by the High Audiovisual and Communication Council (CSAC) during a plenary session on 23 July 2015. The regulatory organ criticised private channel Canal Mercure for fraudulently broadcasting the programs of other television media, including those of the French group Canal+. CSAC noted that the piracy was...

From 23 to 25 July 2015, Thomas Lukaha Losendjola, the vice-Prime Minister, Minister of Posts and Telecommunications, New Technologies of Information and Communication (PT/NTIC), undertook a round of inspection in the Kongo Central province. He was interested by the fiber optic laid by the government from the landing station of Moanda to Kinshasa. And the observations listed by the minister are...

According to the Tunis Agency Africa Press (TAP), journalists will benefit from the right of professional secrecy in the same way as lawyers and doctors, within the scope of the law against anti-terrorism and money laundering in Tunisia. TAP specifies that the assurance was given by the President of the Representatives of the People's Assembly (ARP), Mohamed Ennaceur. On Friday 24 July 2015, he...

Total Gabon announced on 23 July that the well “AGMN081”, of the phase 3 of the Anguille field re-development project has been delivered and will be deployed by end of July 2015. This field, located South-West of Port-Gentil is the first sea deposit of Gabon discovered in 1962. It was thanks to new seismic studies undertaken from 2002 that the re-development project was agreed on and the...

Gabon adopted a new mining code which repeals and replaces, subject to the application texts, the bill of law n5/2000 of 12 October 2000 on the Mining Code in the country as well as all previous contrary provisions. The new code has 356 articles, against 220 for the previous one, expresses the vision of the head of state who wishes for Gabon to be an emerging country by 2025 and turns out to be...