Drake Resources Ltd, a mining company listed on ASX, has discovered, following its latest field program, 14 new traditional gold mining sites and 6 extension sites on its Seimana project covering a mining licence of 440 km2 in the north of Guinea. These are, the company explained on 17th September, gold-bearing quartz vein mining sites contrary to alluvial and eluvial gold mining, which were...

The Masdar group, from Abu Dhabi, wants to carve its niche on the Moroccan renewable energies market, particularly for solar and wind power. The group is considering, as a start, participating in three big projects in these sectors. The company is currently in discussion with Spanish Acciona, with whom they want to create a grouping to take part in the implementation of five wind farms of a...

The French public development aid will increase by €4 billion from 2020 to reach €12 billion per year, the French president, François Hollande, announced on 27th September. “France has decided to increase the public development aid by €4 billion from 2020”, Mr. Hollande said in a speech at the end of the UN summit on Sustainable Development Goals. He however did not...

Vivendi will open ten theaters in the coming months in Central and Western Africa under the CanalOlympia label, Canal Plus group announced in a communiqué. The first four CanalOlympia will be in Conakry (Guinea), Cotonou (Benin), Brazzaville (DR Congo) and Dakar (Senegal). Scouting for implementation sites have already begun as well as some tendering processes. At the same time concert halls,...

Mobile telephone operator MTN and telecom equipment provider Ericsson have signed a partnership agreement with the end goal of providing a better management of IT waste in Côte d’Ivoire. Through a campaign to collect unused/obsolete computers, mobile telephones, routers, printers, televisions, radios and various other IT and electronic equipment, the two companies want to reduce the...

The Office of the Gabonese President announces that President Ali Bongo Ondimba was awarded the “ICT in sustainable development” prize by the International Telecommunications Union (ITU), during a ceremony organised yesterday at the UN headquarters in New York as part of the 150th anniversary of ITU. The award was conferred by the General Secretary of the Union, Houlin Zhao. The “ICT in...

With a net income which has increased by 26%, excluding exceptional items, SNI is proving the relevance of its strategic development into a long term and non-majority investment fund. The SNI board which met on 28th September 2015 under the chairmanship of Hassan Ouriagli, dealt with the statement of accounts as at 30th June 2015: the net income of SNI has increased by 36.1% which can be...

The financial public prosecutor’s office (PNF) opened an inquiry on the financing of the lifestyle of the son and advisor to the president of Guinea Alpha Condé (photo), during his visits to Paris, the newspaper Le Parisien reports on 28th September, citing a NGO specialised in the fight against bad governance. The investigation opened following a complaint by NGO Foundation for Democracy and...

At the UN rostrum, in New York on Saturday 26th September, the Gabonese head of state first deplored the “mixed” record at the global level of the Millennium Development Goals (MDG): “Despite the ensuing mobilisation, we have to admit a mixed record on the global level. The progress made is unequal, in particular in Africa and in the less advanced countries. The incompatibility with the...

The government of the Democratic Republic of Congo announced, on 26th September that its plans were for an economic growth of 9% in 2016 against the 8.4% forecast for 2015. This projection is part of a presentation for the Finance bill for 2016. “To reach [its] economic goals”, the government indicates, without adding more details, that it is “considering a set of measures” intended to...