Senegal taps Lazard to tackle its $13 billion hidden debt crisis
Senegal is poised to take a pivotal step in addressing its significant financial challenges. The West African nation is set to appoint the prominent American investment bank Lazard as its financial advisor to manage its sovereign debt. This crucial decision, confirmed on July 15, is drawing close attention from international investors, especially following the recent […]
Read MoreComment le Maroc et la France construisent un nouveau modèle euro
Ministères, collectivités : voici les efforts demandés par le gouvernement pour le budget 2027Le gouvernement a envoyé au Parlement, mercredi 15 juillet, le rapport sur les plafonds de dépenses du projet de loi de finances pour 2027. La montée en puissance du budget des Armées se poursuit. Les ministères régaliens et l’écologie voient leurs enveloppes augmenter, alors […]
Read MoreGabon seeks to cut fuel imports by modernizing key refinery SOGARA
The Gabonese Republic, a leading oil producer in Central Africa, is grappling with a persistent economic challenge: its heavy reliance on imported refined petroleum products. To address this vulnerability, the Bank of Central African States (BEAC) is urging authorities in Libreville to accelerate the modernization of the Gabonese Refining Company (SOGARA), a move deemed essential […]
Read MoreGabon’s bold 2027 budget reform targets measurable results
Economy Gabon’s bold 2027 budget reform targets measurable results Editorial StaffJuly 16, 2026103No comment Libreville, July 16, 2026 — Gabon is preparing to roll out one of the most ambitious budgetary reforms in its recent history. As preparatory conferences for the 2027 Finance Bill kick off, authorities aren’t just launching another routine annual accounting exercise. […]
Read MoreAbidjan port strengthens ties with Sahel capitals amid regional shifts
The Port of Abidjan has solidified its economic connections with Ouagadougou, Bamako, and Niamey, as confirmed by a recent announcement. This strategic move reinforces the port’s position as a key logistical hub in West Africa, even amid evolving regional dynamics following the withdrawal of Burkina Faso, Mali, and Niger from ECOWAS earlier this year. Record-breaking […]
Read MoreStarlink granted green light to launch in Côte d’Ivoire
A historic milestone has been reached. Starlink, the satellite internet service developed by Elon Musk’s company, is now officially authorized to operate in Côte d’Ivoire. The announcement was made on July 16 during an official visit by Frank R. Garcia, U.S. Deputy Assistant Secretary of State for African Affairs, at the U.S. Embassy in Abidjan. […]
Read MoreGabon turning mining revenue into local development
economy Gabon turning mining revenue into local development by editor-in-chief Libreville — For decades, African nations have exported vast mineral wealth only to watch their mining regions remain underdeveloped, lacking basic infrastructure and essential public services. Gabon is now breaking from this pattern by converting a portion of its mining revenue into direct local investment. […]
Read MoreNew leadership takes charge at general bank of Cameroon
In a landmark move reshaping Cameroon’s banking sector, prominent financier Ezékiel Passam has been appointed as the new Chairman of the Board for the General Bank of Cameroon (GBC), formerly known as Société Générale Cameroun. The state now holds majority ownership after acquiring a 58.08% stake from the French banking giant in May 2026, increasing […]
Read MoreCôte d’Ivoire: FIMEC propels national development plan through skills enhancement
Abidjan, July 15, 2026 – The International Forum on Trades and Skills (FIMEC) serves as a critical catalyst for realizing the ambitious objectives outlined in Côte d’Ivoire’s National Development Plan (PND) 2026-2030. This initiative effectively bridges the gap between the economy’s evolving demands and the expertise cultivated within our training sector, as emphasized by Prime […]
Read MoreEn Côte d’Ivoire, le pari d’une économie souveraine par les champions nationaux
Mines : en Tanzanie, 88% des achats ont été effectués auprès des fournisseurs locauxLe pays impose depuis peu des co-entreprises aux fournisseurs étrangers afin d’ancrer cette manne au-delà de la part captée par l’impôt sur le bénéfice et d’autres redevances minières. Il s’agit d’une révolution silencieuse dans le partage de la rente en Afrique, mais […]
Read MoreMali Algeria air travel thaw lifts industry prospects
The recent easing of tensions between Bamako and Algiers is sending positive ripples through West Africa’s aviation sector. With Air France, Brussels Airlines, and Air Algérie poised to capitalize on renewed connectivity, industry players are eyeing a potential surge in passenger traffic and trade between Mali and Algeria. Bamako’s leadership has actively pursued diplomatic overtures […]
Read MoreGabon Ramps Up Mining Sector Oversight
The Gabonese mining sector is entering a phase of unprecedented scrutiny. The Ministry of Mines has announced the launch, effective July 16, 2026, of a comprehensive operation to verify and regularize mineral titles granted to gold-exploring companies on national territory. Conducting a Mandatory Audit for Gold-Aurifère Stakeholders In practice, all mining companies holding exploration or […]
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