Unlocking the Potential: Fish Farming in Côte d’Ivoire for Self-Sufficiency and Economic Growth

2023-08-05 23:14:50 Fish farming is the branch of aquaculture (animal or plant production in an aquatic environment) which concerns the breeding of fish in fresh or salt water. A distinction is made between traditional fish farming in ponds, intensive fish farming in artificial ponds or cages, and breeding in above-ground tanks (concrete, plastic, or wood). … Read more

Safaricom’s Evolution: From Telecom to Tech Company – Investing in Kenyan Start-ups and Smartphone Manufacturing

2023-07-29 09:49:00 (Agence Ecofin) – Safaricom is seeking to evolve from its current status as a telecom company to that of a technology company by 2025. The company has been managing an investment fund in technology start-ups since 2014. It also wants to create its own smartphone manufacturing plant. The telecommunications company Safaricom can now … Read more

Togo’s ARCEP Boosts State Revenue with Simplified Royalty Regime and Telecom Fines

2023-07-23 10:12:00 (Ecofin Agency) – Togo also wants to simplify the royalty regime, another source of revenue for ARCEP. On April 5, 2023, the Council of Ministers adopted a draft decree to this effect to facilitate the work of the regulator. In Togo, the Electronic Communications and Postal Regulatory Authority brought 4 billion FCFA to … Read more

African Development Bank and Asian Development Bank Announce $1 Billion Exposure Swap: Boosting Sovereign Lending and Capital Adequacy

2023-07-21 18:03:00 (AFRICAN DEVELOPMENT BANK) – The Board of Directors of the African Development Bank has approved a US$1 billion exposure swap with the Asian Development Bank. This transaction will support the Bank’s efforts to free up additional equity for sovereign lending. It will also reinforce ongoing efforts to create buffers in the African Development … Read more

Access Holdings Expands into Tanzanian Banking Market and Strengthens Presence in Sub-Saharan Africa

2023-07-15 07:41:00 (Ecofin Agency) – The Nigerian financial group will enter the Tanzanian banking market for the 1st time and will strengthen in 4 sub-Saharan countries if it obtains regulatory approvals to acquire the subsidiaries of Standard Chartered in Angola, Cameroon, Gambia, Sierra Leone and in Tanzania. The Nigerian financial services holding Access Holdings has … Read more

Competition Commission Approves Afrihost’s Acquisition of CipherWave Home-Connect

2023-07-05 15:04:00 (Ecofin Agency) – Competition continues to strengthen in the South African Internet market, in a context of accelerated digital transformation. Several players in the sector are consolidating to better face this competition. South African ISP Afrihost can now complete the acquisition of rival CipherWave Home-Connect (Home-Connect) from CipherWave Networks. The transaction was cleared … Read more

Togo Becomes a Full Member of the African Telecommunications Union (ATU) for Enhanced Connectivity and Development

2023-07-03 10:51:00 (Agence Ecofin) – Created in 1999, the ATU aims to promote the rapid development of ICTs in Africa in order to achieve universal access and total connectivity between the countries of the continent. The organization has 51 member states and 61 associate members, including telecom operators. Togo will become a full member of … Read more

Boosting Gabon’s Aquaculture and Fishery Industry: Industrialization, Employment, and Economic Growth

2023-07-01 11:56:00 (Agence Ecofin) – The country is seeking to industrialize this sector of activity to boost its performance, in order to better satisfy local demand for fishery products while benefiting from the spin-offs for the Gabonese economy and employment. There are 423 active aquaculturists and fish farmers in Gabon, according to the latest census … Read more