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Morocco’s Agentis starts building $50m hospital in the Côte d’Ivoire

Moroccan company Agentis has started the construction of a new regional hospital in Côte d’Ivoire.   The construction of the new regional hospital (CHR) in Adzopé, 100 km north of Abidjan, was launched by the head of state Alassane Ouattara, who welcomed the construction of this new facility as, he said, it “will fill a […]

Côte d’Ivoire awards Morocco’s Agentis contract to build two regional hospitals

Agentis, a Moroccan company distributor and manufacturer of medical devices has won a $97-million contract in Côte d’Ivoire to build two regional hospitals. Under the deal signed by Agentis boss Adil Mesfioui and Kobenan Koussi Adjoumani, minister of animal and fisheries resources on behalf of the Health Minister, the Moroccan company will build and equip […]

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Tourism: Africa receives only 5% of the international arrivals

Africa’s travel and tourism industry continues to record impressive growth over the years. In 2017, the continent hit a 63 million high in international tourist arrivals as compared to 58 M in 2016 (+ 9%). The growth record is slightly above the global performance of a 7% rise in 2017, to reach a total of […]

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AfDB, Entreprenarium launch master classes for 200 women entrepreneurs

The African Development Bank, as part of its Initiative to Support Access to Women in Africa (AFAWA), in partnership with Entreprenarium, has launched training sessions for 200 women entrepreneurs in Côte d’Ivoire. Masterclasses in business management and financial planning will be conducted by Entreprenarium at the Bank’s premises, benefiting 100 women entrepreneurs. A second masterclass […]

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Côte d’Ivoire to set up Africa’s first ever floating solar farm

Côte d’Ivoire has announced the creation of Africa’s first floating solar energy farm, as the western African country seeks to increase its production of renewable energy. The farm to cost €80 million will be funded largely by France’s development agency; Agence française de développement (AFD) and the Ivorian government, Jeune Afrique reported, quoting the Minister […]

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WAMU: Three Moroccan banks in the top 5

Three Moroccan banks have positioned themselves in the top 5 banking groups in the West African Monetary Union (WAMU), Ecofin news Agency reported. These are BMCE Bank Group, Attijariwafa Bank, and Groupe Banque Centrale Populaire. They made the move after making acquisitions in Mali, Senegal and Côte D’Ivoire. The Bank of Africa group, owned by […]

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G20 Compact: Germany pledges €243 billion for Africa

German Chancellor Angela Merkel this week met 11 African heads of state, international organizations and corporate leaders to promote a program launched last year to encourage private investment in Africa. The G20 Compact with Africa was open to all African countries but so far only 11 have joined: Benin, Côte d’Ivoire, Egypt, Ethiopia, Ghana, Guinea, […]

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Côte d’Ivoire-local elections: Ouattara’s ruling coalition wins Majority

With 92 mayors and 18 regional councilors, Ivorian President Alassane Ouattara’s ruling alliance won a majority in local elections that were contested by its former coalition ally Henri Konan Bédié. The PDCI, led by Henri Konan Bédié, alleged electoral fraud and filed appeals before the country’s Supreme Court, challenging the results in several constituencies. Violence […]

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West Africa: BOAD to invest 50 billion FCFA in climate projects

The West African Development Bank (BOAD) has pledged to invest about 50 billion CFA francs to support climate projects in the region. The information was disclosed by the Head of the Climate Finance Division at BOAD, Ibrahima Traoré. The financial institution is mobilizing 45 billion CFA francs to finance any structuring project, public or private, […]

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“Evaluating for greater impact of the Africa 2063 Development Agenda”

The Independent Development Evaluation (IDEV) of the African Development Bank opened its biennial Development Evaluation Week on Thursday in Abidjan, Côte d’Ivoire. The two-day event focuses on the contribution evaluation can make to achieving greater development impact through learning from the past. “Learning constructively from past successes, the Bank considers mistakes and experiences critical building […]

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