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economic

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#economic

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Idrissa Seck takes over as head of the Economic, Social and Environmental Council

Idrissa Seck took over as Head of the Economic, Social and Environmental Council (CESE) on Thursday 19 November during an official ceremony, after being appointed by President Macky Sall on 1 November. The leader of the opposition Rewmi, who came second in the 2019 presidential election, has become the state's third figure and joins the president's majority.…

The Democratic Republic of Congo is establishing “particular financial zones” to draw overseas buyers

Within the Democratic Republic of Congo, the authorities try to diversify a nonetheless fragile financial system, which is principally because of the mining sector. To do that, they determined to create six particular financial zones. On November 4, Congolese Prime Minister Sylvestre Ilunga Ilunkamba launched the nation's first pilot "particular financial zone" within the suburbs of the capital…

[Série pont Sénégambie]: the economic downturn in the city of Farafenni (3/3)

The last episode of our series of reports dedicated to the Senegambia Bridge that has changed the lives of Gambians and Senegalese for a year. Inaugurated on January 21, 2019, the Sénégambien Bridge stretches across the Gambia River and allows easy connection of southern Senegal to the north. It replaces the old ferry that required waiting long hours before crossing or even several days for truck…

The IMF is sounding the alarm about the economic consequences in Africa

The International Monetary Fund held a virtual meeting on Friday, October 9, on the impact of coronavirus in Africa in the presence of its CEO Kristalina Georgieva. According to the latter, economic support released in recent months is significant, but it remains insufficient to help the continent emerge from the crisis. According to the IMF chief executive, the institution has already released nearly $ 26 billion this year. This is ten times more than what the IMF releases on average each year for loans. But the needs…

Kenyan president of France to finalize key economic agreements

The Kenyan president arrives in Paris for a five-day visit to France. A business-oriented move. The head of state, accompanied by five ministers, attends a conference for the public investment bank, meets with French employers and signs contracts. Uhuru Kenyatta is accompanied by a strong delegation of ministers and is expected to attend several economic events. A conference at the headquarters of BPI France, the institution responsible for promoting French companies abroad, but also a meeting in Medef, the French…