The government of Senegal has announced plans to attract Vietnamese investors in its telecom sector. A partnership in that regard was discussed last week in Dakar, between Nguyen Thanh Vinh, the new Vietnamese Ambassador to Algeria and Senegal, and the President of the Republic of Senegal, Macky Sall.
During this trip, the Vietnamese envoy also met with the Senegalese Minister of Foreign Affairs and the Minister of Commerce to explore partnership opportunities in other domains
Currently, in Africa, the main Vietnamese investment in telecommunications is the Viettel Group which ended 2019 with a turnover of $11 billion. Present in Cameroon, Burundi, Mozambique, and Tanzania, the company is also eying Ethiopia.
• Inflation within the West African Economic and Monetary Union (UEMOA) fell to a two-year low of 0....
• Interbank volumes rose 18.7% in May, while rates declined across the market• The BCEAO cut its mai...
• The U.S. imposed a 20% tariff on cashew exports from Vietnam and a 40% tax on suspected transshipm...
Cauri Money launches Gajo Money, an e-wallet for the Cameroonian diaspora, targeting €120 mil...
• Qatar Airways and Kenya Airways establish strategic agreement, introducing a third daily flight be...
• CMOC increased cobalt production by 13% to 61,073 tonnes in the first half of 2025.• The DRC extended its cobalt export ban, forcing CMOC to stockpile...
• IMF extends Niger’s Extended Credit Facility (ECF) program by one year through December 2026.• IMF approves a $41 million disbursement tied to...
Kenya plans to import 1.05 million tonnes of palm oil in 2025/2026, near its highest ever level. Malaysia supplies 90% of Kenya’s palm oil, sharply...
EBRD grants $100 million loan to Banque Misr to expand credit access for SMEs and women-led businesses. Loan supports Egypt’s green finance...
The Emerald Sea is a vast turquoise lagoon located in the northern part of Madagascar, just a few kilometers from the town of Antsiranana (formerly Diego...
Malawi’s Mount Mulanje and Cameroon’s Diy-Gid-Biy added to UNESCO World Heritage List Africa still holds 25% of endangered sites, despite recent...