As an agricultural economist, Dr. Akinwumi Adesina has been a leader in agricultural innovation for over 30 years. He has contributed greatly to food security in Africa, aimed at improving the lives of millions currently living in poverty, throughout the African continent. The Sunhak Committee acknowledges Dr. Akinwumi Adesina’s achievements in promoting Good Governance of Africa, which boosts...

Sudan has decided to launch electronic payments as of the start of 2019. Moutaz Moussa (photo), the prime minister reiterated this wish on November 22, 2018, during the periodic meeting of the government. He explained that during the meeting, discussions about this matter were focused on the completion of the system in government’s units; an operation which is currently being finalised. The...

The Boards of Directors of the African Development Bank Group have approved US$322.35 million loans and grant to Burundi and Tanzania to finance the Rumonge-Gitaza (45 km) and Kabingo-Kasulu-Manyovu (260 km) road upgrading project. The project aims at strengthening regional integration and trade in the East African Community, particularly between Tanzania and Burundi through improved...

The Securities and Exchange Commission Ghana (SEC Ghana) will take part in the African financial markets regulators’ capacity building project initiated by the British institution FSD Africa. This program which will last for two and half years will provide assistance and support to SEC Ghana. FSD Africa will evaluate the capacities of the Ghanaian regulator to identify its strength and...

Renault asked South Korean steelmaker Posco to settle in Morocco to supply steel for its operations, South Korean news agencyYonhap revealed on November 22, 2018, citing sources close to the case. The same source added that this Request from Renault was aimed at diversifying its steel supplying sources. For the time being, the French company depends solely on ArcelorMittal, the world...

On November 22, 2018, the French group Fnac Darty announced the opening of two Fnac and Darty warehouses in Tunis, Tunisia. These two warehouses will be managed by local firm Managetech, a joint venture Indigo and UTIC, following Fnac Darty’s management model. They will offer the same products and services offered by the french leading distributor of tech and electrical appliances born from...

On November 22, 2018, the South African Reserve Bank increased its prime interest rate by 25 basis points to 6.75% to try to stop the steep rise of inflation.   This is the first increase of the prime rate since March 2016. "The weaker exchange rate and the impact of higher oil prices have contributed to inflation since March 2018. At the same time, domestic growth remains weak", the...

The African Development Bank is organizing regional dissemination events to share its newly adopted Multi-Sectoral Nutrition Action Plan (2018-2025) and secure stakeholders buy-in for effective implementation. The first in the series of the dissemination events takes place on Tuesday, 4 December 2018 from 8.30-13.00, and will provide a platform to chart the way forward for improving...

In East African states, the average life expectancy rose by 5.3 years in the past ten years, Andrew Mold, Acting Director - Sub-Regional Office for Eastern Africa, UNECA, indicated this week. Talking on the sidelines of the 22nd meeting of the intergovernmental committee of the region's experts, the official indicated that this substantial improvement of life expectancy within the region is one...

  During a press briefing organized on November 21, 2018, Bilé Diéméléou (photo), managing director of l’ARTCI, Côte d’Ivoire’s telecom regulator, asked operators to quickly implement necessary measures to guarantee quality services for users. In addition, operators are required to take appropriate measures to guarantee continuity and quality during the upgrading works required...