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With a net profit of $13 billion, energy trader Vitol had a successful year in 2023. In this positive financial situation, the top private oil and gas trader has confirmed its expansion into metals.

In Senegal, the public transport company Dakar Dem Dikk has resumed liaison services since Monday, August 23, suspended due to the resurgence of the Covid-19 pandemic since July 17. as reported from Dakar, Théa OlivierNow that the new cases of Covid-19 are less numerous, the public company has decided to reopen the lines to the…

Employees of Transport du Congo (Transco) demonstrated on Monday, July 26 in Kinshasa. They are asking for wages back. On Monday morning, the depots of the public bus transport company were blocked by angry officers. Employees demand an eight-month repayment and more bonuses. They are asking for resignation from their…

In Gabon, the French oil company Perenco, the largest oil producer in the country, was accused and prosecuted by a prosecutor near the Court of First Instance in Port-Gentil, the country's economic capital. The oil company is sued by NGOs for environmental pollution. Perenco recognizes an unintentional oil spill, but not necessarily to the extent that NGOs have done.…

In the Democratic Republic of Congo, the extension of the Grand Inga Dam in the Goma region could finally see the light of day. On Sunday the 14th, President Félix Tsishekedi took the floor to announce the name of the partner chosen for this project, estimated at 80 billion dollars (US). This is the Australian mining magnate Andrew Forrest, who after making his fortune mining iron ore wants to become a…

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…

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…

MOGADISHU, Somalia - Amid pressure from the international community over his decision to approve the lower house's decision seeking to extend his term by two years, incumbent Somali President Mohamed Abdullahi Farmajo has hired a foreign lobby group in an attempt to push for his Washington DC visit. Over the past week, Farmajo has been under pressure from the international community among them the United States to drop its bid to extend the period and concentrate on pushing for dialogue for the sake of peace and quiet.…

Tunisia has been propelled into space thanks to the Russian Soyuz launcher, the first satellite completely designed and manufactured on its land by Tunisian engineers. A strong symbolic success for the country, which is increasingly positioning itself as a technological crossroads between Europe and Africa. It is also a success for Telnet, the engineering team that developed Challenge One, the five-kilo…

The national electricity company Eskom continues to collect funds from companies suspected of corruption and irregular payments. Latest profit: EUR 85 million will be paid by the Zurich engineering group ABB. Eskom has become one of the symbols of corruption during the Jacob Zuma presidency, and hijackings in connection with the Gupta family have brought the company to its knees. Now the South African…