Browsing: Ivory coast

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Africa Nations bagged goodies from the just concluded Paris summit held in France on May 18. The Summit brought together African leaders and global financial institutions, where a new deal was launched for Africa and by Africa, in host of the French President Emmanuel Macron.

For several decades in Africa, debates have taken place around economic relations between France and its former colonies in the continent.

But from Economic and political statements of Commentators of whether few element of exploitation exist or not in France’s way of Trading In Africa it is not a matter of Concern from French President Emmanuel Macron who is in mood to continue trading and offering Goodies to Africa, even though some of the unfair and unequal ethics are left unsaid. his country continues to control the trade and currency of these former colonies. The maintenance of economic domination allows the prolongation of political domination.…

coco

It is not yet another good year for the Cocoa farmers in Ivory Coast the world’s biggest producer of the key ingredient for chocolate, as the prices of their commodity went down for the second year running.

This is contrary to M’Brimbo, a village in central Ivory Coast which 11 years ago became a testing ground for organic cocoa farming and today is prospering.

The local farmers’ collective, the Fair Cooperative Society of Bandama (SCEB), sell their high-quality produce at twice the market rate for non-organic cocoa.

“When producers are trained and well-paid, they can make very good cocoa in Ivory Coast,” said Arthur Gautier, an agronomist who works for Ethiquable, a French company that specializes in marketing fair-trade products and buys SCEB’s harvest.

ALSO READ: Harnessing Africa’s Sovereign Wealth

The chocolate made from their cocoa is sold in French supermarkets under the brand “Grand Cru M’Brimbo,” a name that …

Cocoa Beans and Cocoa Powder with Chocolate Bars on Wood Table www.theexchange.africa

Already, the decision is sending shockwaves around the chocolate world with those opposed to the move painting a doom and gloom picture of why the plan cannot work.…

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Revealed: what’s fuelling the rapid hotel growth in West Africa

Africa is seen as one of the most promising regions for hotel developers. Aside from small chains and independents, four global hotel groups dominate signings and openings on the continent. Over the last four rolling quarters, as of September 2019, Accor, Hilton, Marriott International and Radisson Hotel Group have opened 2,800 rooms and signed deals for 6,600 rooms.

Across Africa, hotel development remains important in most advanced economies, such as Morocco and South Africa; and projects are multiplying in East Africa, especially in Ethiopia, Kenya, Tanzania and Uganda.

In West Africa, Nigeria is back on the development scene thanks to emerging regional destinations beyond Abuja and Lagos. Francophone Africa is also moving fast. The Ministry of Tourism of Ivory Coast has launched an ambitious national plan for tourism development, Sublime Cote d’Ivoire, and already announced over US$1bn investment in the sector.

Senegal is the other regional star, with local programmes …

IFC partners with Africa CEO Forum 2020 - The Exchange

International Finance Corporation (IFC), a member of the World Bank Group, announced that it will co-host the AFRICA CEO FORUM 2020.

IFC’s support for the event shows its increasing commitment to help Africa’s governments, businesses, and entrepreneurs overcome challenges, increase trade, create jobs and drive innovation.

The Africa CEO Forum will be held on March 9 to 10 next year in Abidjan, Côte d’Ivoire.

It is the leading international conference dedicated to supporting private sector-led growth on the continent.

The upcoming 8th edition of the AFRICA CEO FORUM will focus on regional integration, the impact of technological advances, infrastructure development and jobs.

It will also cover other areas relevant to unlocking the continent’s economic potential and helping improve lives.

IFC which has co-hosted the FORUM since 2018, is at the centre of discussions on these and other development topics which will help drive economic transformation in the …

ENGIE (www.Engie-Africa.com) has been selected for the operation and maintenance of the Orange Services Group's data center in Abidjan, for a five-year contract that will start early June 2019. This data center of the latest generation, built by the Orange Service Group (GOS), is one of the few data centers existing in West Africa complying with the Level IV classification. For over 50 years, ENGIE Africa, ‘ENGIE’ has been active in many African countries through its energy engineering business and more recently as an independent power producer in South Africa and Morocco with a total capacity of 3,000 MW either in operation or under construction.

French electric  utility multinational—ENGIE (www.Engie-Africa.com) has been selected for the operation and maintenance of the Orange Services Group’s data center in Abidjan, for a five-year contract that will start early June 2019.

This data center of the latest generation, built by the Orange Service Group (GOS), is one of the few data centers existing in West Africa complying with the Level IV classification.

READ:How Dimension Data and SAP will roll out Intelligent enterprise solutions in East Africa

According to the classification, it has the required redundancies to ensure continuity of service in all circumstances. It received the award of Best Data Center from Africa at the 2017 “Data cloud Congress” in Monaco.

The perimeter of the contract includes preventive maintenance of the multi-technical lots of the data center buildings, including the electrical substations, high voltage, cooling and air conditioning, Central Management Technology, fire alarm systems, security and …