Recently, a team of land experts from the World Bank visited Sikensi, in the Southern part of Cote d’Ivoire, in order to know more about land issues in the country. This was reported by local newspaper Fraternité Matin.  André Dessié, who led the delegation, stressed on the “need for all Ivorians to get land deeds for their properties to insure peace within families and avoid...

Cote d’Ivoire needs about $2.4 billion (FCFA1,320 billion) to make sure that its whole population has full access to drinking water. This was disclosed last week by Ivorian minister of economic infrastructures, Dr. Kouakou Amédée during the presentation ceremony for the programme associated with the mentioned investment, ‘’Eau Pour Tous’’ (Water for All).  The main...

Crédit du Maroc (CDM), Moroccan subsidiary of French Group Crédit Agricole S.A, has launched an e-service for tax collection and payment of bank guarantees. The new service will be available on the bank’s new online goods clearance platform called Base Automatisée des Douanes en Réseau, BADR (Automated Base for Networked Customs. With the new service, CDM’s clients will no more have to...

According to Africa Finance Corporation (AFC), a pan-African multilateral development finance institution, the federal government of Nigeria must adjust the electricity tariffs to attract investors in the power sector. This was disclosed by Andrew Alli (photo), managing director AFC, at the 2017’s annual conference of the Finance Correspondents Association of Nigeria (FICAN) in...

The African Enterprise Challenge Fund (AECF) which provides subsidies and interest-free loans to private companies in Africa, plans to launch by 2018 an initiative that aims to promote and support women entrepreneurship in agribusiness sector across the continent. This was revealed to the Ecofin Agency, by Steve Tawia, head of investments and assets management at AECF. Actually, the project will...

In a report released during 41st Annual World Tourism Conference in Kigali, Rwanda, independent provider of strategic market research Euromonitor has disclosed that arrivals of foreign tourists in Africa have increased by 6.5% in 2017, to reach 18.55 million, against 16.35 million in 2012.  Euromonitor attributes the increase to various factors including “the digital integration and...

Mining firm Predictive Discovery signed with Canadian Progress Minerals a Joint-Venture (JV) agreement over its gold exploration permits in Burkina Faso. In effect, the JV aims at developing a mine on Predictive’s prospects. The JV aims to advance towards a future multi-pit mine development on Predictive’s gold prospects. Under the agreement, Progress Minerals can acquire a stake of up to...

The West African Development Bank (BOAD) will grant a $14 million (FCFA7.4 billion) loan facility to the Société d’hôtellerie, de restauration, et de loisirs which is owned by Lebanese-Beninese business mogul Ghaby Kodeih, to build and operate Mariott Hotels & Resorts, a five-star hotel, in Cotonou. The related agreement was signed last Wednesday by the two parties.  The...

In order to identify and secure State domains used illegally, Guinea’s minister of Land development and Town planning, Dr. Ibrahima Kourouma (photo), held last Friday a work session with the prefect and regional directors of his department. “The goal of the government and the President of the Republic, is to provide decent living standards for all Guineans. And this can be done only by...

In its recent report entitled “The 2017 DATA Report: Financing the African Century”, Ngo ONE revealed that in 2016, global official development aid stood slightly above $140 billion, rising 7.4% compared to 2015. This amount represents 0.31% of the revenues of donor countries.    The rise, according to the Ngo, is mainly due to the fact that many donors, in Europe mostly,...