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Thu,18Oct2018

West Africa

West Africa bourse turnover more than doubles in a year

Edoh Kossi Amenounve, head of BRVM. Photo©ScreenShotTurnover on West Africa's BRVM bourse more than doubled over the past year, reaching 209.26 billion CFA francs ($362.2 million) in late May.

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Battling the bottom feeders

European, South Korean and Russian fishing vessels have been pillaging West African fish stocks for decades.

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West Africans must work together to attract global cash

Image copyright GlezAround 300 million people live in West Africa: a dynamic zone of 16 countries with growth rates approaching 6% each year for the past decade. From agriculture to Nollywood films, West African markets are diverse and burst with potential. Despite this, foreign investors are hesitant to engage broadly with West African markets.

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West African bourse's turnover up on increased foreign interest

West Africa's regional BRVM bourse saw a jump in turnover of over 17 percent in 2014 boosted by increased participation from investors in Europe, Asia and the Americas, the stock market's general manager said on Tuesday.

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Cocoa and coffee producer in West Africa fighting against Ebola impact

Photos@ReuterscocoawestafricaNestle has no plans to close any of its eight factories or curb output in cocoa and coffee-rich West and Central Africa because of Ebola, but is ready to adapt if it spreads, the Chief Executive of the world's largest food company said this week.

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U.S. won't ban travelers from West Africa over Ebola

Passengers are screened as they arrive at Yangon International Airport in Yangon August 20, 2014./Photo©ReutersThe United States has rejected calls to ban travelers from Ebola-hit West Africa, preferring to intensify the screening of airline passengers.

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Indian steelmaker in talks to buy troubled West African iron ore miner

Photo@ReutersironoreIndia's third-largest steelmaker, JSW Steel Ltd, is in talks to buy embattled West African iron ore miner London Mining, showing Indian firms' growing appetite to secure raw materials abroad.

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World Bank: Ebola could drain billions of dollars from African economies

The largest-ever outbreak of Ebola could drain billions of dollars from economies in West Africa by the end of next year if the epidemic is not contained, the World Bank said in an analysis on Wednesday.

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West Africa Joint Task Force to take on Boko Haram

Photo©ReutersLeading West African countries have agreed to set up a joint military force to confront the growing regional threat posed by Islamist militants that particularly Nigeria's Boko Haram.

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ECOWAS ministers concerned about vast unmanned borders but vow to contain Ebola outbreak

Photo©ReutersWest African health ministers have agreed a coordinated approach to tackle the increasing cases of ebola in the region.

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Ecobank to support Lagos-Abidjan transport corridor

The proposed corridor will run through five of the fifteen West African countries, starting in Cote d'Ivoire and ending in NigeriaPan-African bank Ecobank is working with authorities in Cote d'Ivoire and Nigeria on the Abidjan-Lagos corridor project, a transnational highway which passes through five West African countries.

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West Africa, from transit to production of illicit drugs

PHOTO©ISSOUF SANOGO/AFPWest Africa has found a new niche in the international drug trade.

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Samsung launches its S4 in Africa

altThe Samsung African tour promised glitz, glamour and new technology and that is exactly what was delivered to the hundreds of people attending the launch of the much anticipated new Galaxy S4 in Johannesburg on Thursday night.

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Ghana gets Google voice-guided maps app

Photo©ReutersGiant internet search engine, Google has launched a maps app for Ghana, as the West African country continues to assert itself as a new communications leader in Africa.

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China, Africa's confusing puzzle

The New African Union building in Addis Ababa, EthiopiaNot all Africans have welcomed China's gift. West African political commentator Chika Ezeanya considers it an "insult to the AU and to every African that in 2012 a building as symbolic as the AU headquarters is designed, built and maintained by a foreign country."

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Mali: The fight for the north

Until recently, MUJAO fighters patrolled Gao where they were enforcing a harsh application of sharia law/Photo©ROMARIC OLLO HIEN/AFPMalian and West African troops prepare to retake rebel-held northern Mali in 2013. A military victory would only be the first step, as the country must elect a new government and rebuild the trust destroyed by the north-south divide.

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Ghana: German fund pours millions into agriculture to reverse climate change

Photo©ReutersA German organisation is pouring three million euros to help Ghana's agriculture sector to adapt to climate change and save the West African country's biggest employer from collapse.

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A boutique hotel experience in Ghana

Charles Meares, General Manager of Villa Monticello in Ghana/Photo©Alessandro CostaThe boutique hotel concept has flourished in southern and north Africa, but in West Africa, the concept has just started catching on. And local investors are digging in.

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Guinea Bissau's coup complacency

Guinea Bissau's deposed prime minister Carlos Gomes Júnior/Photo©ReutersThe deposed prime minister and leading presidential candidate, now living in exile, complains that West African leaders have sought too much compromise with rogue elements of the military.

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Ivory Coast and Mali: A tale of united militia

Former Ivory Coast President Laurent Gbagbo's supporters have tried to forge alliances with Islamist groups in northern Mali and mutinous soldiers in the troubled West African country's southern parts in a  to regain power in Abidjan, diplomats have said.

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