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Showing posts of Category: Industry

Mali: gold production up 33%

Malian gold mine Yanfolila delivered 18,399 ounces in the third quarter, an increase of 9% year-on-year. This brings production for the first nine months of the year to 69,546 ounces, approximately 33% more than the same period in 2022. The mine owner …

Telecoms: MTN Nigeria to pay $72.5 million in tax arrears

Following the verdict of the Lagos State Tax Appeal Tribunal, MTN Nigeria Communications to settle the sum of $72.5 million in tax arrears to the Federal Revenue Service (FIRS). This sum, corresponding to non-repayment, covers the period from 2007 to 2…

Net banking income: CRRH-UEMOA figures up 1%

The net banking income (NBI) of the Regional Mortgage Refinancing Fund of the West African Economic and Monetary Union (CRRH-UEMOA), saw a slight increase of 1% at the end of the first half of 2023. The half-yearly activity report as

GDP: Togo targets 6.6% in 2023

After a fall in economic growth in 2020, Togo aims to reach 6.6% of real gross domestic product (GDP) in 2023 thanks to the achievement of the objectives of the government roadmap Togo 2025.According to the economic outlook of Togo,

Energy transition: South Africa gets $676 million

To finance its energy transition plan, South Africa obtained $676 million in grants from rich countries, more than double the amount initially promised. The most industrialized country on the continent, where more than 80% of electricity currently come…

Ivory Coast: $10 million from South Korea in the rice sector

Second rice importer in Africa behind Nigeria, Ivory Coast is reducing the bill for its purchases. To this end, the country signed a contract to develop the production of improved rice seeds. The implementation of the Ivorian component of the

Digital inclusion: 4G phones for $17

n Rwanda A new range of 4G-enabled smartphones has been launched in Rwanda to accelerate the adoption of digital services in the country in partnership with the Rwandan government and American philanthropist Reed Hastings, co-founder and director of Ne…