Tanzania enjoined ministries, para-public firms and other government institutions to connect to the government electronic payment Gateway (GePG) by June 30, 2019.  Khatib Kazungu, the deputy permanent secretary of the ministry of finance and planning, explained that after that date no public payment or taxes would be collected out of that platform. GePG is a platform developed by the...

South Korea’s prime minister, Lee Nak-Yeon (photo), will start a 3-day official visit in Algeria on December 16, 2018, Algeria’s prime minister announced on December 12, 2018. During his visit, the South Korean minister followed by an important delegation should reach agreements to boost the cooperation between South Korea and Algeria in various economic sectors, ICT notably. In the...

In 2019, Guinea’s ministry of post and telecommunication and digital economy will dedicate its investments to seven branches including the IT blueprint, a second submarine optical fibre cable and a data centre.   According to the minister Moustapha Mamy Diaby (photo), who was speaking to deputies on December 12, 2018, to present the budget of his ministerial department for 2019, in 2019,...

The share of Group Five, a South African company specialised in construction works, nearly doubled in value on the Johannesburg Stock Exchange on December 12, 2018.   Indeed, the managers of the company announced that some investors indicated their will to boost some of the group’s activities. This is good news for the shareholders of the group, which has been going from bad news to...

On December 9, 2018, Egyptian President Abdel-Fattah al-Sissi (photo) announced the launch of a guarantee fund to encourage Egyptian companies to make more investments in Africa.   "This fund is aimed at serving the common interest of Egypt and that of the other African countries and boost the cooperation and transfer of Egyptian expertise to countries in the continent in sectors closely...

Following deliberations last July 25, the African Biofuel and Renewable Energy Company (ABREC) recently increased its capital by CFA182 million. In detail, Togo First learns, 182 new shares with a nominal value of one million were issued to this end. According to the document disclosing the information, the shares have been fully subscribed by legal entities with preferential subscription...

Tunisia’s trade deficit rose by 20.7% on a year- on- year basis during the first eleven months of 2018 to reach TND17.32 billion ($5.83 billion) against TND14.36 billion during the same period in 2017, according to figures published on December 11, 2018, by the national institute of statistics. Between January 1 and November 30, 2018, exports reached TND37.12 billion against TND30.97 billion...

At the end of the fifth edition of the sectoral meetings of coordination committee of the state-private sector’s partnership (Comité de concertation Etat-secteur privé-CCESP) dedicated to the transport sector, held on December 12, 2018, in Abidjan, Côte d’Ivoire’s minister of transport Amadou Koné (photo) announced the coming launch of two direct lines : Abidjan-Washington and...

The African Development Bank has reiterated its support for the Congo Forest Basin Partnership (CBFP) during its 18th Meeting of CBF on 27 and 28 November 2018 in Brussels, Belgium. The annual gathering, chaired by Princess Elisabeth and Prime Minister Charles Michel of Belgium, brought together ministers and senior multilateral officials from around the world, reflecting the diversity of...

“Don’t buy into the myth that African women are weak. If you sit and engage them and let them be part of the process, we will have sustainable peace,” 2011 Nobel Peace Prize co-laureate, Leymah Gbowee told attendees at the Kofi Annan Eminent Speakers’ Lecture on Tuesday, convened by the African Development Institute in Abidjan. Speaking at the African Development Bank Group headquarters,...