Africa’s economy

South Africa is the world's eighth largest producer of wine. The sector employs almost 300,000 people directly or indirectly and seeks to reorganize, while being overwhelmed by unsold goods. From our special correspondent in Cape Town,The harvest ended in the wine region around the city of Cape Town, and especially on Rob…

A brand new personal cosmetology college, Farifima Worldwide Cosmetology College, has simply opened its doorways in Dakardébutavril to prepare youth in numerous beauty professions, on the initiative of an entrepreneur who has already launched his personal line of magnificence merchandise. A technique to educate youth who after six months obtain a certificates that the state acknowledges in beauty…

For the reason that Covid-19 disaster, the nation has been the primary to request a rescheduling of its debt. It reaches virtually half of GDP if we bear in mind each overseas and home debt. The IMF has intensified its assist packages and promised to offer $ 560 million over the following 4 years. Chadian corporations, which are sometimes closely depending on the state, are eagerly awaiting the arrival…

Brazzaville has simply hosted the fifth version of the Worldwide Exhibition of Innovation and Expertise, Osiane. It has been an exhibition for a lot of corporations, together with start-ups which were hit laborious by the well being disaster. These corporations offered their merchandise or established partnerships. With regard to the organizers, the general public authorities demand acceptable digital…

The African Union should at present choose doable sanctions in opposition to Chad. However it doesn't have the ability to impose monetary sanctions. Three weeks after the announcement of the dying of President Idriss Déby, adopted by the institution of a army council at the top of the nation, consisting of fifteen generals, a interval of transition that has simply opened raises an infinite variety of…

The luxury industry in Africa is still in its infancy, but it exists and is beginning to become visible. It is to accelerate development that LaureenKouassi-Olsson, a French-Ivorian entrepreneur, launches Birimian, an investment company focusing on African and Afro-luxury European. "One of the reasons for Yves Saint-Laurent's…

Ghana's modern artwork has gained worldwide recognition, and an increasing number of collectors are selecting up works produced on this small West African nation. However the native market continues to be affected by its lack of infrastructure. From our Accra correspondent,The brand new modern artwork gallery Ada moved to…

In Guinea-Bissau, tourism is small, though fluent. And but, within the dynamics of growth, it could be one among the options for this small nation of two million inhabitants, the place the dearth of labor for youth arises acutely. From our correspondent in Bissau,"Attending to know your nation higher by means of tourism and…

Within the Democratic Republic of the Congo, the precept of a monopoly on the acquisition of artisanal cobalt granted to the overall cobalt firm EGC shares artisanal mining cooperatives within the Katanga area. For some, this precept dangers suffocating them. For the others, this monopoly from ECG, a public firm, will make it doable to clear the provision chain for this strategic mineral. These…

51 workers of Socotra, certainly one of the biggest freight transport firms in Côte d'Ivoire, have simply been laid off, or 20% of the corporate's workers (which has a whole of 251 workers). At the tip of March, the employees demanded the best to kind a commerce union inside the firm. They declare to have been rejected, main them to file a strike discover. The administration, which confirms these…