BGFIBank initiates a continuing program on security of IT systems for its collaborators. This is in the framework of the implementation of its program to strengthen the security of the group’s information system.   For this purpose, BGFIBank acquired a smart platform to manage the awareness campaigns. It is an interactive and ludicrous platform made of games and quizzes to evaluate and...

It is announced that Amethis Finance, an investment fund which operates in Africa, will invest a minor yet important amount in Afriwara, the main shareholder of Société Nouvelle de Confiserie de Vridi (Waraba brand), a large agro-industrial firm based in Côte d’Ivoire. The details of this transaction have not been specified but on its website, the private equity firm co-founded by Luc...

Abdelkader Bouazghi (photo), Algerian minister of agriculture, rural development and fishery, said that two million ha of agricultural lands remain unused in the country. This was during a meeting of the finance and budget committee of the People's Congress (NPC). “Until now, we have recorded 2 million ha of unused agricultural lands. This represents 25% of the overall agricultural...

The mining company Armadale Capital has signed a sales agreement, with Weghsteen Capital Advice (WCA), to transfer its gold mine project in Mpokoto, Democratic Republic of Congo. WCA operates on behalf of Radismore Ltd, a fully funded firm which committed to start the project within 2 years. According to the terms of the transaction, which could lead to a final agreement during this...

A new president was elected to head the High Authority for Audiovisual and Communication (HAAC) in the Republic of Togo. This was on last January 11, during a special plenary meeting. During the meeting held at the above-mentioned institution’s headquarter, a ballot took Willibronde Pitalounani Telou (photo) to its presidency with 8 votes against 1. Appointed by decree on last...

Senegalese local banks were asked to provide more funding to SMEs and agricultural marketing campaigns. This was during a meeting held on Jan 9. “Banking institutions are a key component of financial sector. They have a crucial role in financing the economy”, Amadou Bâ (photo), Senegal’s minister in charge of economy, finance and planning, said on the occasion. Indeed, Senegalese SMEs,...

Côte d’Ivoire will proceed with its approach to improve its energy production capacity and related facilities throughout 2018. This is the main point of a statement recently made by the minister of oil, energy and renewable energy’s development. Regarding the improvement of facilities, the minister revealed that capacities of the Azito and Ciprel gas-fired power plants will be increased....

Gabonese government decided to equip colleges and high schools with computers rooms with broadband internet. This was on last January 10, during a council of minister. In this framework, the related school’s buildings will be restored. They will also purchase and distribute computers in the schools, implement a security and maintenance system for the equipment, establish a training program as...

December 10, 2017, 48 investment and amendment agreements’ projects were approved, in various sectors, by the national committee on investments of Morocco, chaired by Saad Eddine El Othmani (photo), Prime Minister. These projects, with an overall cost of DH32.32 billion ($3.4 billion), should help generate 20,142 jobs, 6,190 direct and 13,952 indirect.  In terms of volume, the industrial...

Egypt has found in Eritrea a new ally in the resolution of the regional crisis caused by the construction of the Grand Renaissance hydroelectric dam. “The two parties have agreed to pursue an intensive cooperation and face the current issue to maintain security and stability in the area”, said Bassam Radi, Egypt’s spokesman, during the visit of Isaias Afeworki, the Eritrean...