Though more modest than that of France (€14.27 billion), the combined turnover for Africa and the Middle East (€3.5 billion) of the French telecommunication group Orange is the one with the highest increase (+6.5%) on a basis consistent with that of 2014, at the end of the third quarter 2015. On the third quarter, the turnover for this region was of €1.3 billion, representing an...

Though far advanced in Africa in the telecommunications sector, Morocco’s population still has a very low access to fast broadband connectivity through optic fibre. The technology is still mainly reserved for companies, unlike its neighbour Algeria and several other African countries that are currently rolling it out for the benefit of their populations. By generalising the access to the optic...

In Guinea, the mining company will roll out its communication strategy through various press outlets which have been selectively chosen. The company decided to formalise this partnership by signing contracts with these communication media. The ceremony took place this 19 October 2015 at the headquarters of the company which manages a bauxite mining operation in Guinea, a investment worth USD 5...

Equatorial Guinea and Sao Tomé e Príncipe will finalise, in December, a partnership proposal for the operation, in joint venture, of the oil in their shared border. The topic was at the centre of the a 48-hour state visit, from Sunday to Monday in Sao Tomé, by the Equatorial Guinean president Teodoro Obiang Nguema Mbasogo, leading an imposing delegation of 40 members. At the end of this...

Four projects have been identified as part of the creation of a phosphate processing industry in Algeria and will be undertaken in partnership with foreign companies. The projects are "currently under discussion with foreigners to produce phoshoric acid and different types of fertilisers", Mohamed Taher Bouarroudj, General Manager of Mines at the Ministry of Industry and Mines, confided in...

The Etablissement de Radio Tunisienne, a public company, has been awarded 2 new licences from the High Independent Media Authority (Haute Autorité Indépendante de la Communication Audiovisuelle - HAICA). The request was made by the General Manager of the company, Abderrazak Tabib. One licence will be for general news, broadcasting on the FM band and will cover the whole country. The other will...

In October this year, the executive board of Cameroon Airlines Corporation (Camair Co) met twice. During the meeting on 15 October, the board recommended the Director General of this company which is currently facing significant financial challenges, a plan for cutting of jobs at a massive scale. In fact, Camair Co with its fleet of three airplanes has around 800 employees, internal sources...

The Special Criminal Court (SCC), a special court established to try any person suspected of misappropriating public funds, just convicted Charles Metouck which was the ex-head of National Refinery Company (SONARA) for 11 years, to 15 years of imprisonment. Pronounced on 21 October 2015 in Yaoundé, this verdict declares Mr. Metouck guilty of embezzling more than 500 million FCFA while being the...

BP and its partners are to invest $229 million over different phases in the three new exploration blocks awarded to BP in the 2015 Egyptian Natural Gas Holding Company (EGAS) bid round. The first block North E1 Tabya is situated in deep waters north of Salamat and Atol, BP’s recent find and it covers an area of 2084km².The Company is to operate, North E1 Tabya at 100% equity. BP in...

Nigeria has granted 30 construction licences to private refineries in order to cut the country’s reliance on imports. “More than 30 licenses for refineries have been granted and private refineries will be allowed to build near the state-run units so they can benefit from the available infrastructure. In the medium term we will be able to get cheaper pump-price oil because we will be...