The Ministry of Mines, Petroleum and Energy of the Republic of Côte d'Ivoire is pleased to announce the first edition of the International Extractive and Energy Resources Exhibition (SIREXE), approved by the Council of Ministers on 17 April. Under the theme "Sustainable development of extractive and energy industries: what policies and strategies?", SIREXE 2024 will be held from 27 November to 2...

Guinea and Mali have agreed to interconnect their respective fiber optic networks, aiming to bolster their national infrastructures. Currently, Guinea relies on a single international submarine fiber optic cable for its connectivity, while landlocked Mali depends on connections with its coastal neighbors for international access. The agreement, signed between Guinea's National Backbone...

The West African Development Bank (BOAD) has greenlit several financing initiatives totaling CFA25 billion ($40.82 million), aimed at bolstering the operational and financial capacities of institutions focused on green infrastructure and small and medium enterprises (SMEs). The approvals came during the board meeting on Thursday, June 27, 2024. The first decision involves a refinancing line of...

Niger is grappling with acute food insecurity affecting over 3.4 million people, according to the World Bank. To address this crisis, the institution has announced a funding package aimed at providing sustainable solutions to the country's agricultural and climate challenges. The World Bank unveiled last week a $1 billion 12-year support program for Niger's agriculture and livestock...

The Tunisian government views 5G as a catalyst for accelerating digital transformation across various sectors of the economy. According to the roadmap set forth, the issuance of licenses and the commercial launch of ultra-high-speed internet are scheduled for September and November 2024, respectively. Yesterday, the Tunisian Ministry of Communication Technologies announced the launch of a tender...

The Economic Community of West African States (ECOWAS) is assessing options to establish a regional anti-terrorism force. Two options are in the pipeline: one that requires $2.6 billion a year for a brigade of 5,000 troops and the other, $481 million a year for a force of 1,500 soldiers. Following a recent meeting of defense and finance ministers in Abuja, Nigeria, on June 27, Nigerian...

The report highlights that more than half of African business leaders expect emerging technologies to significantly impact how their company creates, delivers, and captures value in the future. Fewer businesses in SSA have integrated generative AI compared to global counterparts, according to a report published on May 30 by audit and consulting firm PricewaterhouseCoopers (PwC). The report is...

Africa Global Logistics (AGL) is launching the call for applications for the "Accelerate" program of the Yiri Innovation Center, open from June 19, 2024 to July 26, 2024, in Abidjan. This open innovation program dedicated to startups developing technological solutions in key or related sectors of the AGL Group (logistics, transport, digital, etc.) aims to accelerate their growth through expert...

Starlink has officially launched its high-speed satellite internet services commercially in Madagascar, marking its entry into the country's telecommunications market. The announcement came from the subsidiary of the American company SpaceX on Thursday, June 27th. To access Starlink's broadband services, Malagasy consumers will pay 226,000 ariarys ($50.5) per month, in addition to a one-time fee...

Namibia, Africa’s top uranium producer, hosts Paladin's Langer Heinrich uranium mine. The latter has resumed production last March. On June 28, Paladin Energy announced its production forecasts for the 2025 financial year (July 1, 2024 to June 30, 2025). The Australian targets between 4 to 4.5 million pounds of uranium at Langer Heinrich, equivalent to up to 2,041 tonnes over the year. We...