First Independent Mena Newspaper
The train traffic ensuring the transportation of hundreds of thousands of people and tons of goods between Cote d’Ivoire and Burkina Faso has been temporarily suspended due to a defect in the railway on the Ivorian side caused by heavy rainfalls over the last week-end. Sitarail, the company operating the 1,260km railway line between the […]
The world’s largest producer of cocoa, Côte d’Ivoire, has suspended its 2023-2024 exports citing bad weather that has caused the death of at least 30 people since April 2023. Yves Brahima Koné, head of the country’s cocoa regulator, told media that the freeze will deal a blow to buyers who are big raw materials trading […]
The International Finance Corporation (IFC), the World Bank’s arm for the development of the private sector in developing countries, has signed a partnership agreement with Orange Bank Africa (OBA), Orange Group’s digital bank, to “enable the smallest businesses in West Africa to access the financing they need to grow”. As part of the deal signed […]
Burkina Faso has adopted a decree increasing minimum monthly wage to up $75 from $51, few days following talks between Labors Unions and the National council of private employers. The measure, Sika Finance reports, does not apply for the agriculture sector. Labor Unions late last month inked a deal with the country’s private employers’ Council […]
Cote d’Ivoire will soon have its own national Data center and administrative digital city under two agreements signed between the African country and Cybastion Institute of Technology, a consortium of companies based in the U.S and member of U.S Chamber of Commerce. Amadou Coulibaly, Cote d’Ivoire Minister of Communication and Digital Economy signed the deals […]
The West African Development Bank – BOAD- has provided $15.3 million credit facility for Golden Tulip Akwaba hotel project in the Ivorian economic capital Abidjan, whose foundation was laid in December last year. The bank announced the credit facility this week adding that the loan will be used to build and exploit the future infrastructure. […]
The administration of President Alassane Ouattara announced Thursday a 10 percent hike in energy price from July 1st this year in a move to mitigate exploitation loss in the sector at $124 million. Mamadou Sangafowa Coulibaly, Minister of Mines, Petroleum and Energy, indicated that the increase in the price concerns users of 15 A (15 […]
The Ivorian Government inked Tuesday three Memorandum of Understanding (MoU) worth $450 million for three projects to increase sustainable economic growth, job creation and private sector development, Anadolu news agency reports, citing a communique issued by national steering Committee for public-private partnerships. The agreements were signed on the sidelines of the Africa CEO Forum held […]
As the world marked the 50th United Nations World Environment Day on Monday June 5, the Ivorian environment minister announced the upcoming implementation of a new environmental code against plastic pollution, while South Sudanese environmental activists called on the government to formulate policies and laws to curb plastic waste in the country. “Any importer of […]
The administration of the Ivorian President Alassane Ouattara denied Wednesday any wrongdoing and connection with the decision by the Electoral commission to revoke former President Laurent Gbagbo from the September local elections vote register. The West African country is again gripped in political tension after the Commission decided to remove 500 people including Gbagbo from […]