Economy

Côte d’Ivoire is strategically focusing on bolstering its domestic animal and fisheries output to lessen its reliance on imports. This initiative comes as the nation’s expenditure on imported meats and offal reached a staggering 782 billion CFA francs in 2024, as confirmed by Bouadi Beda Paul, the Director of Financial Affairs at the Ministry of […]

Legal breakthrough resolves long-standing aircraft lease dispute The long-running legal dispute between Air Sénégal and Carlyle Aviation has reached a resolution, bringing an end to months of negotiations. The conflict stemmed from the early termination of a lease agreement involving four aircraft—two Airbus A319s and two Airbus A321s—leased by the American group to the Senegalese […]

Telecom pricing in Mali has sparked growing frustration among users and regional digital sector observers. For the same expenditure, a subscriber in Bamako receives only a fraction of the data volume available to counterparts in Dakar, highlighting stark disparities in mobile data costs across the West African Economic and Monetary Union (UEMOA). Independent analyses reveal […]

Cameroon has slashed import duties on European goods by 70%, as confirmed by a communiqué from Finance Minister Louis Paul Motazé. This bold move aligns with the Economic Partnership Agreement (APE) involving Cameroon, the European Union, and the United Kingdom. The reduction targets a critical third category of products, deemed vital for public revenue due […]

Government and industry players join forces to boost local cashew processing The Groupement des transformateurs de cajou ivoiriens (GTCI), representing national processors handling 100,000 tons of raw cashew nuts annually, has applauded a landmark financing agreement signed on June 11, 2026. The deal was struck between the Banque nationale d’investissement (BNI), the Conseil du Coton […]

Omer Mbadi Cameroon correspondent Jean-Claude Mimran Castel Compagnie sucrière sénégalaise Somdia Behind the Sosucam ownership transition Cameroon’s Société sucrière du Cameroun (Sosucam) has witnessed a significant shift in its ownership structure, marking a new chapter for one of the country’s key industrial players. The move comes after months of strategic deliberations and negotiations among stakeholders, […]

Lomé emerges as West Africa’s tech training hub Lomé is rapidly becoming one of West Africa’s leading technology training destinations. With businesses increasingly adopting digital solutions and new initiatives like École 42 and Data Lab now operational, opportunities to access cutting-edge training in web development, software engineering, data science and artificial intelligence have never been […]

Since the political transition that began in August 2023, the Burkina Faso-based construction group Ebomaf has risen to the top of Gabon’s public procurement rankings. Within less than three years, the company founded by entrepreneur Mahamadou Bonkoungou has secured contracts worth over 700 billion CFA francs, an unprecedented achievement for a single foreign operator in […]

The Cameroonian state is now in active negotiations to repurchase the 56% stake held by the British group Globeleq in two vital electricity generation companies. Yaoundé is engaged in discussions with the London-based investor regarding the acquisition of its shares in Kribi Power Development Company (KPDC) and Dibamba Power Development Company (DPDC). The indicative valuation […]

Summarize Omer Mbadi Cocoa In the heart of Ebebda’s rolling hills, cocoa farmers are navigating a tough season, battling both economic pressures and climate uncertainties. The challenges they face today are reshaping the future of Cameroon’s cocoa industry, a sector that has long been the backbone of local livelihoods. With global demand fluctuating and production […]

Senegal’s imports experienced a significant 26.7% increase in June, a notable monthly rebound that stands in stark contrast to the trend observed throughout the first half of the year. Cumulatively, from January to June, the total value of goods entering the nation actually saw an 8% decline, indicating a structural slowdown in external trade flows. […]

The soaring cost of poultry in Ati is placing immense pressure on households, traders, and poultry farmers, threatening both food security and the local economy. Residents are calling for urgent measures to bring prices back to affordable levels. Market disruptions as prices double or triple At the central market in Ati, once-bustling stalls now sit […]