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Latest Regional News

Wed, 28/03/2018

ORANGE, the telecommunications operator, aims to become a key player in energy transition in Africa. The French-firm has extended its services to five new countries in the continent- Burkina Faso, Guinea, Ivory Coast, Mali and Senegal.

Wed, 28/03/2018
LONDON, March 28 (Reuters) - Raw sugar futures fell to a 2-1/2-year low on Wednesday as broader economic concerns added to an already bearish mood in a market struggling with excess supplies.
Wed, 28/03/2018
NAIROBI, March 28 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. - - - - - GLOBAL MARKETS Asian shares fell on Wednesday after Wall Street was knocked hard by concerns about tighter controls on the tech industry, denting a brief global equities recovery driven by hopes that the risk of a U.S.-China trade war was easing.
Tue, 27/03/2018
* MOODY'S AFFIRMS CÔTE D'IVOIRE'S BA3 ISSUER RATING; MAINTAINS STABLE OUTLOOK Source text for Eikon:
Tue, 27/03/2018

Like Elizabeth Warren , you obviously won't volunteer to start paying tax, but what would you recommend for other people? Would you want them to also enjoy tax-free status, or at least get to experience a smaller tax burden? Or would you take a malicious approach and suggest tax increases, comforted by the fact that you wouldn't be affected? actually do receive tax-free salaries . Yet instead of seeking to share their good fortune with others, they routinely and reflexively urge higher taxes on the rest of us.

Tue, 27/03/2018

Djibouti's port authority is in talks with French shipping company CMA CGM to develop a new $660 million container terminal and hopes to award the concession in July. Aboubakar Omar Hadi, chairman of the Djibouti Ports and Free Zone Authority , told Reuters the project could break ground as early as September with construction expected to take 24 months.

Tue, 27/03/2018
(Recasts; updates prices; adds comment, ICE data, NEW YORK dateline) NEW YORK/LONDON, March 27 (Reuters) - Cocoa prices fell sharply on Tuesday from the prior session's highest levels in more than a year, as rains improved the outlook for production in Ivory Coast and traders said the market was ripe for a correction lower. COCOA * May New York cocoa settled down $75, or 2.9 percent, at $2,554 per tonne, falling below Monday's 16-month high at $2,643. * May London cocoa
Tue, 27/03/2018

France has said it wants sanctions imposed on Zimbabwe by the European Union to be lifted and the new government assisted by multilateral financial institutions so that it rebuilds its economy. The country's Minister of State in the Ministry for Europe and Foreign Affairs, Jean-Baptiste Lemoyne, who paid a courtesy call on President Emmerson Mnangagwa in Abidjan, Cote d'Ivoire, on Monday, said his country wanted to assist Zimbabwe carry out reforms which would enable it to ease out of the sanctions.

Tue, 27/03/2018
* Investment to focus on grids, retail solar, Africa off grid
Tue, 27/03/2018

French industrial conglomerate Bollore aims to invest 400 million euros from next year in building a second container terminal at Ivory Coast's main port of Abidjan, the deputy CEO of its transport and logistics division told Reuters on Monday. Philippe Labonne, deputy CEO of Bollore Transport and Logistics, spoke on the sidelines of a conference in Ivory Coast's commercial capital.

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