On November 1, Guinea’s Prime Minister has authorized the Portuguese radio and TV channel, RTP and RDP, to restart their activities in the country. “I authorize, with immediate effect, the broadcasting of programmes on the RTP and RDP signals,” M. Lusa Umaro Sissoco Embaló (picture) declared during the last council of ministers.  The official explained that an agreement has been...

At the end of September 2017, also the end of the third quarter of the year, the number of internet users in Morocco reached 22,564,000 (+33.34%), out of a total of 44.25 million of telecoms services’ users. According to the country’s telecommunications regulatory body (ANRT) which disclosed the data, this puts internet’s penetration rate in the country at 64.74%.  The performance was...

Mubarak Al-Fadil Al-Mahdi (picture), Sudan’s minister of investments, has announced that power developer Scatec Solar might build in the country a 400MW solar plant. “We invited them to come to discuss a power-sharing agreement. We told them that we are not on for small projects. They said their initial start could be 400 MW,” Al-Fadil told Reuters during an interview. The project is...

The fourth edition of the SME & Banking Africa Forum will be held in Kigali, Rwanda. Organized in partnership with SFI / IFC, AfricSearch, OCP Group, ESPartners and Afreximbank among others. Exclusively dedicated to the financing of African SMEs, the SME & BANKING Africa Forum enables African companies to access financing through banks, investment funds, guarantee funds, foundations and Business...

Australia’s leading produce company Costa Group Holdings Limited, has signed an agreement to acquire a 41% interest in the Moroccan blueberry producer African Blue, according to website freshfruitportal. The acquisition of the stakes from two of African Blue’s founding shareholders, namely Gailes Holdings Ltd and Bennani Abdellatif, will be carried out over the next three years.  It...

Rebecca Miano (picture) is the new managing director and CEO of Kenya’s power utility, KenGen. Lawyer by profession, Miano who was insuring the interim since August 2017, following the departure of Albert Mugo, thus becomes the first woman to hold this position. She was picked out of 91 candidates. “The Board is confident that Mrs Miano’s skills and wealth of experience, having worked in...

Randgold Resources and Endeavour Mining have formed a joint-venture (JV) to explore their adjacent Sissedougou and Mankono projects, in Côte d’Ivoire. They will respectively hold 70% and 30% interest in the new JV which will combine their permits. Randgold will operate the JV and both of them will contribute to the annual exploration budget. “As the two largest producers in Côte d'Ivoire,...

Perseus Mining released today the definitive feasibility study (DFS) for its Yaouré gold project (Côte d’Ivoire), which revealed that the mine could produce 1.36 million ounces over a lifetime of 8.5 years. The study which was based on an ore reserve of 26.8 million tons grading 1.76 g/t Au, also estimated to 215,000 ounces, the mine’s average annual output over its five first years of...

The New-York based private equity firm, Milost Global, which was founded by the former Sierra Leonean box champion, Forster Engerton (picture), has announced that it will open in South Africa a subsidiary named Isilo Capital Management. The latter will manage Africa-focused investment funds, Ecofin Agency learnt from official sources.   The first objective of Isilo Capital Management...

Since last October 31, it is possible in Tunisia to collect land deeds directly at specific agencies, unlike in the past when this was only possible at the beneficiary’s place of origin. This was revealed in a statement from the minister of State domains and land affairs, Mabrouk Kourchid (picture).  “The new service will enable the provision of deeds without referring to the place of...