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Intra-African Investment IV

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Intra-African Investment V

Les raisons du succès du Maroc en Afrique subsaharienne. Le 20 mai dernier, le roi entamait une nouvelle tournée en Afrique subsaharienne la troisième du genre en trois ans pour Mohammed VI.

Les raisons du succès du Maroc en Afrique subsaharienne

Ces tournées royales à dominance économique, ont permis au Maroc de doubler ses exportations vers l’Afrique subsaharienne de 2008 à 2013 selon le site américain Bloomberg. De même, elles ont été à l’origine des investissements de plusieurs grandes sociétés marocaines ( Attijariwafa, Maroc Telecom, Saham Assurance…) estimés à environ 1,4 milliard de dirhams , soit environ un tiers du total des investissements du Maroc. Dans une analyse, le site américain revient sur ce succès économique du Maroc dans la région et notamment en Afrique de l’Ouest et l’explique selon plusieurs facteurs. La crise en Europe Ainsi , les exportations du Maroc vers l’Europe sont dominées par les produits agricoles et les vêtements alors que ses investissements en Afrique de l’Ouest concernent les finances, la construction et des télécommunications, fait remarquer le site. Sociétés de Bourse : Un partenariat Maroc-UEMOA signé vendredi.

La société pétrolière seychelloise Orion Oil and Gas ouvre une succursale au Cameroun - Investir au Cameroun: l'actualités quotidienne sectorielle de l'économie camerounaise - telecom agro mines gestion publique. Basée à Victoria, aux Seychelles, la compagnie pétrolière Orion Oil and Gas vient d’ouvrir une succursale dans la ville de Douala, la capitale économique camerounaise, a-t-on appris dans une annonce légale publiée le 25 juin 2015.

La société pétrolière seychelloise Orion Oil and Gas ouvre une succursale au Cameroun - Investir au Cameroun: l'actualités quotidienne sectorielle de l'économie camerounaise - telecom agro mines gestion publique

L’Assemblée générale extraordinaire qui a pris cette décision a également nommé comme représentant de cette compagnie au Cameroun, M. Peihui Zhu. Ce nouvel opérateur arrive ainsi sur un marché de l’exploration et l’exploitation pétro-gazière particulièrement dynamique depuis l’année dernière, avec la mise en service de nouveaux champs et la signature ou la prorogation de plusieurs permis dans les bassins du pays. Le secteur pétrolier camerounais, en amont, est dominé par les entreprises françaises Perenco et Total. The Cape to Cairo trade 'super bloc' is here; 15 surprising - and shocking - facts on trade within Africa. SENIOR officials of three African economic blocs are finalising talks on a trade “super bloc” that would forge a common market spanning the continent from the Cape to Cairo.

The Cape to Cairo trade 'super bloc' is here; 15 surprising - and shocking - facts on trade within Africa

The Tripartite Free Trade Area (TFTA), which brings together the East African Community (EAC), Southern African Development Community (SADC) and the Common Market for Eastern and Southern Africa (COMESA) is to be launched at a summit of heads of state and government on Wednesday, aimed at establishing a common framework for tariff preferences along with other commitments.

The “Cape to Cairo” trade pact creates a 26-country market with a population of 625 million and gross domestic product worth more than $1 trillion. “The deal essentially will facilitate free movement of goods across the 26 member countries without duties,” Peter Kiguta, director general of East African Community (EAC), told AFP. Officials say the trade pact was almost finalised apart from some outstanding issues that were being discussed. Africa tripartite economic bloc launched in Egypt. Egypt to import fish from Somalia - Business and Finance. Egypt is ready to buy fish from Somalia, official said.

Egypt to import fish from Somalia - Business and Finance

Somali Fisheries and Marine Resources minister Mohamed Omar Aymoy made the announcement when he addressed the members of the fishing association in Mogadishu. The minister told the fishing community that Egypt was ready to revive the trade that collapsed more than two decades ago. Intra-African trade to hike to $3T after African blocs agreement: COMESA. CAIRO: The African Free Trade Zone (AFTZ) agreement will lead to a hike in the inter-trade rates to reach $3 trillion; compared $1.3 trillion in current trade, Youm7 quoted the largest African free trade area as saying Monday.

Intra-African trade to hike to $3T after African blocs agreement: COMESA

Secretary General of the Common Market for Eastern and Southern Africa (COMESA,) Sindiso Ngwenya, added that once enforced, the agreement will reduce the cost of exchanged trade and improve investment intra-African investment, Youm7 reported. “Signing AFTZ between the three African blocs; Southern African Development Community (SADC), COMESA and the East African Community (EAC,) is a step towards creating a custom union including the 26 member states of the blocs,” said Ngwenya on the sidelines of the African blocs’ summit.

Untitled. Untitled. African bank opens $500 mn credit line to fund Egypt's exports to continent: Minister. Ahram Online , Tuesday 9 Jun 2015 Egypt's Minister of Industry and Trade Mounir Fakhry Abdel Nour Mounir Fakhry Abdel Nour speaks during a news conference at the ministry's headquarters in Cairo April 6, 2014 (Photo: Reuters) The African Export-Import Bank has agreed to to extend a $500 million credit line to Cairo in order to assist Egpt fund its exports to Africa, Minister of Trade Mounir Fakhry Abdel-Nour announced on Monday.

African bank opens $500 mn credit line to fund Egypt's exports to continent: Minister

Abdel-Nour made the announcement during the African tripartite summit currently taking place in Sharm El-Sheikh, which brings together three of Africa's major regional economic committees (RECs) in order to finalise an agreement on forming the continent's largest free trade area (FTA). "There are a number of challenges facing this [African] economic merger, one of them is that Egyptian products don't prioritise African countries in spite of their emergence as fast-growing markets," Abdel-Nour told state news agency MENA on the margins of the summit. Countdown to the launch of the Tripartite Free Trade Area. Plans to launch the Grand Free Trade Area that will bring together half of the African continent into one common market are complete.

Countdown to the launch of the Tripartite Free Trade Area

The momentous occasion will take place during the Tripartite Heads of State and Governments Summit on 10 June 2015 at the Egyptian resort city of Sharm El Sheikh. The COMESA-EAC-SADC Tripartite FTA comprising of 26 countries will be the largest economic bloc on the continent and the launching pad for the establishment of the Continental Free Trade Are (CFTA) in 2017. The advance teams will start arriving at the venue from 5th June 2015 for the technical meetings that will prepare the ground for the launch.

The Tripartite Committee of Senior Officials and the Council of Ministers will be part of the advance team and their pre-launch meetings will take place on 7 and 8 June respectively. The Tripartite Heads of State and Government will append their signatures on the documents on 10 June 2015 and thereafter issue a Communique. Africa is about to launch a Cairo-to-Cape Town free trade area that's bigger than the European union. Sean Gallup/Getty Images Delegates arrange themselves for a group picture during a visit by the German president at the headquarters of the African Union (AU) on March 18, 2013 in Addis Ababa, Ethiopia.

Africa is about to launch a Cairo-to-Cape Town free trade area that's bigger than the European union

The world is just about to get a free trade area that’s bigger, by population, than either the European Union or NAFTA. It’s got nothing to do with the much-publicised Trans-Pacific Partnership (TPP) Transatlantic Trade and Investment Partnership (TTIP). In fact, you’ve probably never heard of it. It’s actually the Tripartite Free Trade Area, a deal that will wrap together 26 African nations with a population north of 600 million. The agreement will be signed off on June 10 in Egypt. Rwanda to set up business support centres in Brazzaville. Rwanda will soon establish multi-service business centres in Brazzaville to help foster trade relations with the Republic of Congo.

Rwanda to set up business support centres in Brazzaville

The service centres will be operated by the Private Sector Federation (PSF) with support from the Ministry of Trade and Industry, Geoffrey Kamanzi, the PSF head of trade negotiation and facilitation, told The New Times on Monday. He added that PSF and Ministry of Trade and Industry have already signed a memorandum of understanding (MOU) committing to open the trade facilitation centres by the end of the year.

“The centres will also play a critical role in marketing ‘Made in Rwanda’ products in the Republic of Congo besides strengthening trade links between the two countries,” Kamanzi said. Kenya's Equity Bank plans 10-nation Africa expansion. Kenya's Equity Bank plans to enter 10 more African countries in the next decade, in addition to the five it already serves, by building operations from scratch or acquiring existing lenders, its chief executive said on Wednesday.

Kenya's Equity Bank plans 10-nation Africa expansion

James Mwangi told Reuters the bank, Kenya's largest by number of customers, had extended his contract by 10 years in April, to steer the expansion. During his first 10-year term as CEO, Mwangi turned a specialist in small loans with 600,000 customers in Kenya into a full-scale commercial bank with 10 million customers, now also operating in Uganda, Tanzania, Rwanda and South Sudan. It involves seeking to raise the number of customers from 10 million to 100 million He said the bank's expansion strategy aimed at moving into Democratic Republic of Congo, Burundi, Zambia, Zimbabwe, Malawi, Mozambique, Botswana, Ghana and Nigeria. L'achèvement de la route Transsaharienne pourrait intervenir dans trois ans (CLRT) Un trançon de la Transaharienne en territoire algérien (photo publiée sur La Transsaharienne, composée d'un axe central Nord-Sud, est conçue pour desservir toute la sous-région du Maghreb et du Sahel à travers quatre branches reliant deux capitales maghrébines (Alger et Tunis) à quatre capitales sub-sahariennes: Bamako, Niamey, N'Djamena et Lagos sur une longueur totale de 9.400 km.

Dangote Cement Expends N217 Billion On Pan-African Expansion. By Goddy Egene Dangote Cement Plc invested N217 billion on its expansion programme across African countries during the 2014 financial year. The countries are Nigeria, Senegal, Cameroun, Congo, Ghana, Cote d'Iviore, Sierra Leone, South Africa, Ethiopia, Tanzania and Zambia. The amount shows an increase of 55 per cent above the N140 billion invested in projects and normal capital expenditure in 2013.

In his report to the shareholders at the sixth annual general meeting in Lagos on Wednesday, Chairman of Dangote Cement, Alhaji Aliko Dangote said 2014 was the year in which the company achieved significant progress it's goal to become a truly pan-African manufacture and distributor of cement. "We began the year with three factories in Nigeria, a small import operation in Ghana and several building sites across Sub-Saharan Africa. Phase3 Expands Backbone Infrastructure to Niger Republic. By Emma Okonji Phase3 Telecom has announced plans to commence the deployment of aerial fiber optic infrastructure from Kano in Nigeria to Gazaoua in the Republic of Niger. The network, which will run from Kano State through Katsina State before arriving at Gazaoua, will be 228 kilometres long and is expected to be completed in the coming months. The Republic of Niger is a landlocked country that borders seven countries - Algeria, Republic of Benin, Burkina Faso, Chad, Libya, Mali, and Nigeria.

The lack of backbone infrastructure between the Republic of Niger and its neighbours makes the country to be unable to fully enjoy the broadband advantage to its fullest. 'Big brother' Ethiopian in talks to set up four African national carriers, as Senegal moves to privatise. ETHIOPIAN Airlines Enterprise, East Africa’s biggest carrier by revenue, is considering proposals to help set up national airlines in Nigeria and three other countries to expand its operations on the continent. The state-owned company, which has stakes in Malawian Airlines and ASKY Airlines of Togo, has been approached by the Nigerian government about a new carrier for Africa’s biggest economy, Chief Executive Officer Tewolde Gebremariam said in an interview on March 20. Ethiopian Airlines is also in discussions with the administrations of Uganda, South Sudan, and the Democratic Republic of Congo, he said, without giving further detail. Arab contractors’ turnover in Cameroon, others hit $2.6bn.

Business News of Wednesday, 29 April 2015 Source: The volume of Egypt-based Arab Contractors businesses in Cameroon, Nigeria, Equatorial Guinea has reached US$2.6 billion. Arab Contractor’s projects in the three African countries vary between roads, ports and infrastructure works. The announcement was made following a tour made by Arab Contractor’s Chairman Mohsen Salah to visit the company’s projects in Nigeria, Cameroon, and Equatorial Guinea and attend their general assembly to review the company’s business volume in those countries. Arab Contractors (AC) is one of the leading construction companies in the Middle East and Africa, and for decades has helped boost ties between Egypt and other African nations. ​La création d'une zone de libre-échange continentale africaine, une nécessité impérieuse. State Information Services PM issues decision to form ‘African Unit’ ministerial committee. Egypt, Sudan, Chad to Develop Sandstone Water Reservoir.

Sudan: Border Crossing Between Sudan and Ethiopia to Be Opened. Air Algérie dévoile son programme d'expansion en Afrique. Air Algérie disposera d'ici à 2017 d'une flotte de 59 appareils. © AFP / Patrick Kovarik. L’Afrique, nouvelle terre promise pour le Maroc. L’offensive économique marocaine en Afrique va connaître un nouvel élan dans les prochains mois. La chaîne de supermarché Marjane devrait annoncer son implantation en Côte d’Ivoire, au Sénégal, au Gabon, au Mali et en Tunisie. Angola’s flagship airline resumes regular flights to Kinshasa. April 10th, 2015. La diversification de l'économie algérienne passe par le marché africain, selon Karim Mahmoudi. Vous voulez contribuer à la diversification de l'économie algérienne? Vous pouvez le faire et les capitaux géants ne sont pas un pré-requis. Les investissements en Afrique de l'Ouest ne se font pas qu'en milliards de dollars, souligne Me Karim Mahmoudi qui prospecte le marché africain depuis presque 10 ans.

Près de 1, 3 million de touristes algériens se sont rendus en Tunisie en 2014. Près de 1,3 million de touristes algériens se sont rendus en Tunisie durant l'année 2014, a indiqué le directeur de la représentation en Algérie de l'Office du tourisme tunisien, qualifiant d' "exceptionnelle" la saison touristique écoulée. Air Algeria to launch operations in Douala, Yaounde. Business News of Wednesday, 8 April 2015 Source: Investir au Cameroun Air Algeria airline is set to open 10 new destinations in Africa, said the CEO of the company, Mohamed Salah Boultif, stating that Yaounde and Douala, the two largest cities of Cameroon, will be included in 2016. Air Algeria is in to face an increasingly competitive market in the aviation sector. According to statistics from the Civil Aviation Authority (CCAA in English), air traffic increased by 2% in Cameroon in 2014. Between 2012 and 2013, it had already increased by 11%, the source said.

Moreover, despite the interest from increasingly marked airlines as well as African to European Cameroonian market leadership in this area remains the prerogative of Air France, which claims 21% share in the market in which it moves thirty airlines. In total, these three companies alone share 45% of the air transport market in the country, according to figures from the CCAA. Kenya’s Equity Bank to open office in Cameroon. African Contractors' Federation mulls inception of Egypt-Ethiopia Firm. Egyptian and Ethiopian officials will be meeting next week to tackle plans to launch a joint firm to boost bilateral cooperation in construction sector. The African Federation for Construction Contractors' Association (AFCCA) will meet next week with board members of Construction Contractors Association of Ethiopia.

According to Hassan Abdelaziz - chairman of AFCCA, the meeting will explore the mechanism of helping the Egyptian construction companies to enter the Ethiopian market. Uganda Becoming Safe Haven For Egyptian Investors - Interested companies range from those manufacturing household appliances to furniture makers among others, according to Dr. Sherif El Khoraiby, the chairman of COMESA. He said the first investor has established a $2m (about sh5.8b) energy technical institute in Entebbe which is due for commissioning next month. Dr. Les opérateurs tunisiens à l'assaut du marché africain. Phase3 Telecom Deploys Fibre Optics From Nigeria to Niger. Dangote cement plant to open in Zambia. Egypt and Kenya collaborate to build paper mills. Egyptian firm to operate and maintain cement plant in Ethiopia. Ghana, Cote D’Ivoire turn to Nigeria for gas. Hausse des tarifs de transport des marchandises sur les corridors Douala-Bangui et Douala-N ' Djamena » économie » Actualités - - Actualités –

Le sud-africain GCS Energy veut installer 500MW de solaire au Cameroun » économie » Actualités - - Actualités – Cameroon-Chad railroad commision: railway extension, the two countries soon linked by train. Three presidents inaugurate rebuilt Benguela Railway. Ghana and Kenya to develop tourism. Jonathan Commissions N30.93 Billion S'east-Cameroun Link Road. Egypt funds first of several dams in South Sudan. Morocco's Religious Diplomacy In Africa. Namibia, Angola businesses agree more cross-border trade. Batoka Gorge hydropower plant capacity to increase to 2,400MW.

First Bank of Nigeria completes acquisition of FBN Bank DR Congo. Attijariwafa Bank ralentit en Afrique subsaharienne. Nigerians tap into Africa’s fast-growing $1.5B luxury market. Kenya, Tanzania to build cross-border power lines. FG targets N116.5bn non oil export to ECOWAS countries - FinaBiz. Cameroon And Nigeria Move Toward Maximizing Trade Opportunities.