African Economy

Since May 28, South African rooibos tea has been protected by a controlled designation of origin. A demanding European certification that protects the knowledge and terroir of this product. Only rooibos leaves grown and processed in the Western Cape and part of the Northern Cape will now be sold under this designation in the EU and several other countries. This is the first time an African product has…

Generally it's forgotten, however the Comoros is a component of the franc zone, and the foreign money, the Comorian franc, is pegged to the euro, as is the CFA franc. Typically criticized in West and Central Africa, the fastened parity between the franc and the euro within the Comoros can also be questioned by the work of the economist Saandi Mouignidaho, CFA Franc and the emergence within the Comoros,…

On 22 June 2021, Gabon became the first African country to be paid for by international funds to help it continue its efforts to protect the forests on its territory. The Central African Forest Initiative (CAFI), an organization launched in 2015 by the UN, awarded Gabon $ 17 million. "Today the economy" portrays Lee White. This 50-year-old, of British descent, has lived in Gabon for 32 years and has stopped taking his nationality. He has therefore been Gabon's Minister for Water and Forests, the Sea and the Environment…

The very last government set up in Congo-Brazzaville has a ministry responsible for promoting public-private partnerships, led by the son of the head of state who during his first meeting with private actors promised to protect his investments and work to improve the business environment. But entrepreneurs expect more than promises.…

The price of grain has risen in West Africa in recent weeks. Maize but also millet and sorghum are more expensive in the markets due to a lack of sufficient stock and for fear of a disappointing new harvest. Again, it is a game of dominoes that increases the price of a bowl of corn or a millet bowl in West Africa. Initially,…

How do I manage and distribute authors' rights for artists in Africa in an increasingly digital world? This is one of the debates that excited the participants in the sixth edition of Moca, the African creativity movement, which was held last week in Paris. Platforms and telephone operators are increasingly using the work of artists and artists need to take greater advantage of it. This is particularly…

One month after joining the government, the son of Congolese President Denis Sassou-Nguesso was in the middle of a ministerial campaign. Denis Christel Sassou-Nguesso spoke on Friday 18 June on one of the most important issues in his portfolio of ministers: promoting public-private partnerships. In a "contact" with economic…

In Uganda, the recovery of the tourism sector this summer was threatened by the new outbreak of Covid-19 cases in the country. Tourist agencies, which see that their reservations increase for the months of July and August, fear the same situation as last year, when the airports remained closed from March to October 2020. In…

Funded by a 2% tax on wages and international support, the Central African Agency for Vocational Training and Employment works for the integration of young people and women as a priority, but is overwhelmed by the scale of the tasks. Business leaders and trainers who agree on one point: the solution lies in reforming the Central African education system.…

In its annual report on economic reform, the Central African Economic Community points out the shortcomings in the mobilization of budget revenues in Congo-Brazzaville. From our correspondent in Brazzaville,According to its 2020 report, in the first pillar of budgetary policy, PREF-Cemac could not achieve certain objectives, in…