Ivory Coast will stop distributing hybrid seedlings and other advanced technologies that help cocoa farmers improve yields to cut overproduction that has weighed on cocoa prices, according to a letter by the regulator sent to exporters.
The Regional Energy Co-operation Summit is an annual investors’ meeting focused on energy, infrastructure and the financing of energy projects. The Summit discussed the cross-border co-operation and regional integration, unlocking West Africa’s investments in energy and infrastructure to support industrialisation. Cross-border co-operation in West Africa is crucial to developing mechanisms that facilitate trade and power exchange among States.
The most recent move came in December 2016 when MTN - one of the country’s three bank-affiliated mobile money providers - announced a new partnership with Kenya’s Commercial Bank of Africa (CBA) through its MTN Mobile Money (MTNMM) arm. First launched in October 2009, MTNMM will provide the platform through which CBA can roll out its mobile credit service, M-Shwari.
The rapid rollout of public works projects under Cote d’Ivoire’s national development plan has supported expansion in the cement sector, with total capacity expected to exceed demand by 2018. By far the largest capital injection into the sector is Nigerian firm Dangote Cement’s $230 million grinding plant in Yopougon, near Abidjan. The project – the company’s first venture in Côte d’Ivoire – consists of a two-line facility with an annual...
The World Bank has approved the provision of a $120 million facility to the Ivoirian state, reveals a statement from the institution. The funds should help finance the programme for infrastructure projects for urban development and improving the competitiveness of secondary cities (PIDUCAS).
The Regional Energy Cooperation Summit will provide a platform for investor insights on the potential for regional collaboration within West Africa’s power sector. The agenda will focus on the country's electricity landscape following the division of the energy and power ministries, the critical issues facing the government and investors, and the future project pipeline which is rapidly growing under the leadership of the Minister for Power.