Economy Africa

Continuation of our series devoted to the Guinean economy during the October 18 presidential election. In Guinea, the "eTax" platform has just been launched to dematerialize the payment of taxes and facilitate taxpayer procedures. Main objectives: combating corruption, but also expanding and securing the tax base. Conakry is thus following in the footsteps of many countries on the continent, which have…

Gabonese customs, tax, oil and treasury agents have been on indefinite general strike for almost 3 months. They demand payment of premiums, but also dusting off the files to unmask the phantom agents paid out of billions of FCFA per year. Month. There is certainly a minimum service, but the daily losses will be too great. as…

Zambia has failed to secure a moratorium on its Eurobond debt from its private creditors. Zambia is one of the many countries that have become indebted to Eurobonds in recent years. As the IMF worries about an alarming rise in debt in Africa, several African countries could quickly default on their payments. The event did not…

"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…

Cotton production is in free fall in Mali. The former African fiber champion is expected to harvest a quarter of what he produced last year. The poor textile economy associated with Covid-19 is not the only reason. It will be one of the worst cotton crops in Mali's history. Less than 80,000 tons of fiber compared to nearly…

It is the start of the cocoa season in Côte d'Ivoire, and it is characterized by an increase in the price paid to the producer of more than 20% compared to last year. An economic boost a few days before the presidential election in a very uncertain context for the cocoa sector. The cocoa farmers expected and hoped strongly for…

Burkina Faso has a factory plant for solar panels. A first in West Africa that confirms the call from this country that is engaged in mastering its entire solar industry. Supported by the government, Faso Energy has just launched its production. The state, which multiplies the creation of solar power plants, places orders for it to support the sector.…

In Côte d'Ivoire, the BJKD Foundation (Bénédicte Janine Kacou Diagou) has just arranged the 3rd edition of its Young Entrepreneurship Award. The winners were announced during a ceremony held in Abidjan on 19 September. In the choice of projects, the BJKD award emphasizes gender parity. And the podium for the 2020 vintage was dominated by women.…