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Author: The Editorial Staff
The first edition of the Investors Forum of the Organization for the Development of the Gambia River (OMVG) opened on Monday, June 16 in Dakar (Senegal), with the ambition of rallying technical and financial partners around its new 2040 Integrated Development Master Plan (PDDI). This plan includes the implementation of 179 projects, 26 of which are considered a priority, with a total estimated cost of $7.95 billion. This forum marks a strategic step for the OMVG, which aims to demonstrate that its PDDI goes beyond simple planning: it is presented as a “true catalyst for regional cooperation and sustainable transformation.”…
By Nadia Hamilton CTA, Partner and tax expert at M&H Consulting Africa. At the end of March, the world of finance and consulting was shaken by a resounding announcement: PwC decided to withdraw its brand from its French-speaking subsidiaries, established notably in Ivory Coast, Cameroon, and several other countries in the region. This withdrawal marks a real earthquake in the audit and consulting sector. Indeed, it is the leading French-speaking firm in terms of market share, both in audit and consulting, and the oldest in terms of establishment in the region. PwC had established itself as an essential reference, author…
The Togolese government plans to mobilize 3 billion dollars, including 1.68 billion from the private sector, to finance a National Energy Pact whose signature is scheduled for next September. In detail, we learn that these resources will be mainly directed towards energy production in order to reduce the energy deficit. The initiative is announced in a context of crisis in the sector, which has led the government to carry out a series of reforms including the revision of electricity tariff rates. Lomé’s objective is to achieve universal access to electricity by 2030. This has been a goal of the authorities…
By Me Jemal M. Taleb. After economy and social issues, diplomacy I have received calls from all over to congratulate me on Mauritania’s diplomatic success following the election of Dr. Sidi Ould Tah as head of the African Development Bank. Here is one message from Cameroon that summarizes the tone of all:”Good evening dear brother Jemal, I congratulate you on Mauritania’s high diplomacy regarding the election of the Mauritanian brother as head of the African Development Bank. I know it was a major mobilization of your diplomacy… to achieve this significant political result.” One thing leading to another, I thought…
Former Ecobank group CEO, Arnold Ekpe, makes a notable comeback to the economic scene. He takes over as chairman of the board of Dangote Sugar Refinery Plc, succeeding conglomerate founder Aliko Dangote, who is stepping down after nearly two decades at the helm of the company. The announcement was made on June 11, 2025 through an official company communication. Mr. Ekpe’s assumption of office is effective from June 16, 2025. His selection follows a rigorous selection process aimed at ensuring strategic continuity at the helm of this Nigerian agro-industry flagship. With an engineering background and an MBA from Manchester Business…
During the first quarter of 2025, the state budget recorded a surplus of around 2 billion dinars (approximately 591.4 million euros), an increase of 74% compared to the same period in 2024 (1.2 billion dinars), according to the provisional results of the budget execution published by the Ministry of Finance. This performance is mainly due to a 3.9% increase in revenues, which reached 12.5 billion dinars, including: tax revenues +7.7% (11.2 billion dinars), non-tax revenues +2% (nearly 1.2 billion dinars). Expenses remained relatively stable at 10.3 billion dinars (-0.6%). However, certain categories saw changes, including: salaries +3% (increasing from 53.1…
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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