African Economy

The French Authorities and Société Générale have simply concluded an settlement to grant loans of as much as EUR 2 million (greater than FRF 1.3 billion) to small and medium-sized enterprises. Oxygen for these communities which might be going by way of tough occasions. These loans embody the Choose Africa Resilience assure. as…

In South Africa, the social community TikTok has signed a partnership with the establishments liable for accumulating copyright. The settlement additionally applies to the 22 African international locations with which these establishments work. A win-win contract for TikTok who needs to entice artists to their platform and for the music business who're in search of new earnings.…

Three weeks earlier than the summit on the financing of sub-Saharan Africa's economies, which can happen on Might 18 in Paris, French President Emmanuel Macron referred to as for a brand new deal on Tuesday, April 27. It was simply earlier than lunch was provided to Félix Tshisekedi, President of the Democratic Republic of Congo.…

Uganda might search suspension of its public debt compensation to keep away from chapter, the finance ministry stated Monday, April 27. problem. as reported from Kampala, Lucie MouillaudFinance Minister Matia Kasaija confirms this: he won't hesitate to renegotiate the deadlines for compensation of state credit. The objective…

On Monday, the French group Whole confirmed the closure of its large gasoline venture in northeastern Mozambique. This outbreak comes after a jihadist assault in early April. The hydrocarbon large stated in an announcement that they declared a "power majeure" scenario. It is a technique to defend your self from potential authorized motion. Whole subsequently makes use of the authorized time period "power majeure" as a consequence of the distinctive circumstances created by newest jihadist assault, at the tip of March 2020…

For a number of weeks, cities within the jap DRC have been shaken by demonstrations in opposition to armed violence. Beni, Kasindi and Butembo are probably the most affected. Along with the demonstrations, since April 5, actions have slowed down. The most important shops are struggling to open. This is very the case in Butembo, the biggest purchasing mall within the area.…

Financially, Idriss Déby will not go into the history of his country as a great builder, nor a development architect. His country is at the bottom of the world rankings for development. The oil rent that started in 2003 has hardly helped the population. 187 out of 189 countries, this is Chad's position in the UN ranking for…

In Gabon, the government no longer wants the gas discovered in the oil fields to be burned. Libreville, which is facing a continuous decline in its oil production, also wants to increase the gas sector to make it a useful resource for the country's development and not a source of pollution as is the case today. From our…

The Senegalese film industry has undergone a renaissance over the past ten years. The sector is becoming more professional and developing its apprenticeship courses. In 2013, producer Oumar Sall launched Upcourt-métrages, a ten-month training in film and production professions. The fourth campaign has just presented its work, six short films.…

The solidarity economy every day in Mali, it is this company that sets up food kiosks in the city of Ségou. Frills. They serve froufrou fritters and millet groats cheaply. Local food, short circuits and, above all, prices aimed at combating the hunger that is affecting more and more residents of Ségou. Abidjan, Ivory Coast,…