companies

A senior Russian diplomat acknowledged on December 21 that Moscow does not ship troops to the Central African Republic, the place an offensive through revolt teams became referred to as a "coup try" through the federal government sooner than Sunday's election. On this nation ranked a few of the poorest on the earth however wealthy in diamonds, non-public guards hired through Russian safety businesses already supply shut coverage to President Faustin-Archange Touadéra and instructors prepare the Central African Armed Forces.…

Ivory Coast and Ghana continue their deal with multinational chocolates. The two countries, which concentrate two-thirds of the world's cocoa production, accuse them of refusing to pay the Decent Income Difference (DRD), a premium of $ 400 per tonne for planters. The regulators, the Ivorian Coffee-Cocoa Council (CCC) and the…

On the finish of November (Monday 30), Côte d'Ivoire and Ghana voted towards two US multinational chocolate corporations. Hershey and Mars are accused of avoiding paying a premium of $ 400 per tonne of cocoa bought. Known as the "Respectable Revenue Differential", this sum was negotiated final yr with the key chocolate teams. The goal is to make sure increased costs for producers. Abidjan and Accra…

Ensuring access to drinking water for the entire world's population remains a major challenge, especially in Africa where only one in four people can get drinking water and benefit from basic sanitation. Like other companies specializing in the water and sanitation sector, the French group Véolia, which operates in about ten African countries, is trying to meet the challenge of making drinking water…

The Auditor General presented his annual report to the Transitional Authorities at the end of last week. This report, which reviews public spending, has since been published. In 2019, Rigsrevisionen carried out 31 verifications concerning expenses, which were carried out between 2015 and the first quarter of 2018. Purpose: to track everything that looks like a lack of transparency or even direct fraud.…

Activities have been severely disrupted since the election, especially in the markets, and prices are feeling the effects. With our special correspondent in Conakry, Charlotte idracSitting on a bench in the Taouyah market, Moussa is waiting for customers. This grocery store sells "a little of everything", he says, blisters,…

In Senegal, the international environmental NGO Greenpeace condemns in a report the non-transparency of the issuance of industrial fishing licenses to Chinese vessels. A practice that had already condemned stakeholders in the fisheries and Senegalese media. as reported from Dakar, The controversy over the allocation of industrial fishing licenses continues in Senegal. It all started in May last year. In a letter to President Macky Sall, Senegalese fisheries organizations condemn the license application from 52 foreign…

"Today is the economy" portrays Nigerian billionaire Aliko Dangote, founder and head of the conglomerate that bears his name and Africa's first fortune. He created his fortune in Nigeria but his dream goes beyond his country. Aliko Dangote: “We have a lot to do. We must liberate Africa economically from Africans. The only way we can thrive is for Africans to control their economies alone. The strangers will see what we do, then they will join us. Of course, we can not grow alone, but we have to lead. ” The core of…

The US Treasury Department last week announced new measures against Evgueni Prigozhin and his network in the Central African Republic. The Russian businessman, close to Vladimir Putin, is accused of interfering in the 2016 US election. He has since been on the US sanctions list. He is also accused of being the Kremlin's supervisor in Africa through his connections to the Wagner group of mercenaries. This time, the sanctions are aimed at three Russians and two companies involved in Prigozhin's operations in CAR. In a press…

As South Africa tries to emerge from the economic crisis caused by the pandemic, it is questioning the fate to be reserved for public companies. Many of them have suffered significant losses this year, despite having already had financial difficulties before the crisis. Now they are asking the government to save them, but the country's coffers are already less and less full. Before Parliament, the Ministry of Finance painted a very bleak picture at the beginning of the month: the country's public companies are…