SENELEC signed a protocol of understanding with Huawei last December. The deal covered the design and planning of research, innovation, and digitalization projects, among others. Starting December 2023, Senegal’s National Electricity Company (SENELEC) should have the means to supply network capacities to telecom operators, governments, and both public and private businesses. The power company...

Beef is the most consumed animal protein in Côte d'Ivoire, after fish. The government thus multiplies measures to boost the meat sector. The Ivorian government launched a few days ago a project to build and equip four modern slaughterhouses and new cattle markets across the country. The Pro-Abattoirs project, as it is called, was officially launched on September 15, in Bouaké, by the Minister...

For many years now, Ivory Coast has been weathering coastal erosion and deforestation. Ahead of the COP 28, the Ivorian government just reiterated its commitment to better protecting the environment. The COP 28 will be held in the next two months, and ahead of the conference, Ivory Coast, during its latest council of ministers, has adopted several key measures to foster sustainable...

Following the 2016 attack in Grand-Bassam, Côte d'Ivoire witnessed an upsurge in terrorist activity between 2019 and 2021. Although the government managed to bring the situation under control, threats persist. Illegal mining and livestock trafficking have been identified by the Institute for Security Studies (ISS) as major sources of financing for terrorists in the country. The institute...

Although not directly linked to the violent earthquake that shook the country, the funding is aimed at strengthening Morocco's resilience to climate-related disasters and consolidating its overall financial capacity. The International Monetary Fund (IMF) has reached a staff-level agreement with Morocco for a $1.3 billion loan. The money will be injected into climate-related projects and...

The Kenyan government is ramping up efforts to ensure widespread adoption of digital services nationwide. It is currently working on a project with the private sector to introduce locally manufactured smartphones priced at $40. Kenyan President, William Ruto (pictured in the center), recently asked Starlink, the satellite internet provider, to lower its rates in Kenya. Ruto made this appeal...

Trade exchanges in Senegal amounted to $4.01 billion between April and June this year, according to the figures recently published by the Forecasting and Economic Studies Directorate (DPEE). Compared to the $4.34 billion the previous quarter, this makes a decline of 7.6%. In detail, total imports of goods reached $2.72 billion, against nearly $3 billion in Q1 2023,...

For the fifth consecutive time, since July 2023, Niger has defaulted on its financial obligations on the West African Economic and Monetary Union (WAMU) stock market. The country, which has been hit with sanctions from the Union following the recent coup, had planned to raise CFA830 billion on this market this year. Niger missed another repayment on the WAEMU market last week, making it the...

During a visit to the African Development Bank, Swedfund CEO Maria Hakaanson has expressed keen interest in strengthening the cooperation and exploring opportunities for the Swedish state development finance institution’s strategic portfolio. Hakaanson visited the Bank’s headquarters in Abidjan on 14 September at the head of a delegation that comprised Kitanha Toure, Regional Director for...

Niger, Mali, and Burkina Faso are standing up for each other. To further materialize this alliance, they signed a mutual defense charter on September 16 to collectively deal with external threats. This new move is a direct response to threats of military intervention in Niger by ECOWAS. The regional organization, which has imposed heavy economic sanctions on Niger since July 30 following the...