In 2017, the autonomous port of Abidjan handled 22.556 million tons of goods. A figure increase by 3.8% compared to that of the previous year (21.7 million tons). This was revealed by Hien Sié (photo), the port’s managing director, during the launch of the commercial year on February 26. “This increase is due to a growth in domestic trade, which surged by 5.5% to stand at 19.3 million...

In Mauritius, tourism revenues reached $1.88 billion in 2017, exceeding initial forecast of $46.9 million. Compared to the previous year’s revenues ($1.75 billion), this represents an 8% increase, Xinhua reports. Let’s note that the good performance was achieved regardless of the fact that the country received less tourists than it had expected: about 1.34 million arrivals...

In Algeria, the area of irrigated farmland will almost double by 2019 to reach 2 million ha. This was announced on February 26 by the minister of agriculture, rural development, and fishery, Maghreb Emergent, reports. The minister indicated that to date, more than half of the planned area (1.3 million ha) are irrigated. Indeed, since the national extension program for the...

Egypt generated EGP179.2 billion ($10.14 billion) from public revenues during the first four months (July-October 2017) of the 2017-18 fiscal year. This was revealed by the country’s Central Agency for Public Mobilization and Statistics (CAPMAS). Taxes represent the largest part (77.9%) of these revenues. Indeed, during the period under review, Egypt collected EGP139.6 billion ($7.9...

As from March 1st 2018, LABEL TV, in its strategic development, intensifies its satellite broadcasting and reception network positioning itself as the channel which covers Africa best, all African and international channels included. Label TV therefore positions as the tenor of TV satellite broadcasting in Africa on 6 positions: one in C Band covering up to Americas, all Africa, Europe and a...

Côte d’Ivoire may produce less cocoa than expected this season. Reuters reports that by March the output could be 1.32 million tons. This volume is slightly below the initial expectations (1.45 million tons) and down by 12% compared with the previous campaign. According to a group of 13 exporters and pod counters interviewed by Reuters, this decline in production is due to the...

On February 19, the cotton and cashew council (CCA) of Côte d’Ivoire announced a set of measures to fight the illegal transit of cashew to neighboring countries. “From now on, no vehicle carrying cashew or cargo turned away at the entrance of the port stores will cross borders,” the council indicated in a memo addressed to the sector’s operators. Moreover, the regulator...

The construction of an electrical line connecting Guinea and Mali was launched yesterday Feb. 22. “The transmission line should foster the energy distribution at the national scale (ed :in Guinea). It will also, through the country’s hydro potential, transform it into a power producer and exporter within ECOWAS,” said Mamady Kakoro, the project manager. The facility...

On Feb. 22, B2Gold announced a positive initial estimate of the inferred mineral resource on Toega mine, its project in Burkina Faso. According to the estimate, the mine contains 17, 530, 000 tons of inferred 2.01g/t gold. This equals 1.13 million oz. To make the estimates, the company compiled the results on 165 drills totaling 37,776 meters.  During the drilling, the company intersected...

  Impact Partner will set an investment fund worth between TND500, 000 and TND2 million ($208,300 and $833,192). This was announced by Leila Charfi (photo), the firm’s managing director. The firm which provides companies with financing and technical support to improve their financial profitability targets SMEs through this new initiative.  With this, Impact Partner expects...