The "Desert to Power Initiative", an ambitious plan to eliminate energy poverty in Africa and provide 10 GW of solar energy by 2025 and support 250 million people with green electricity, was just unveiled at the Paris Agreement climate change talks at COP24.
Senegal Tender and Business News
According to consulting group PwC's just-released annual Africa Oil & Gas Review, the outlook for the continent's oil and gas industry is favorable over the near term. The reason is the industry has been aggressively cost-cutting as price pressures grew tighter.
Officials at The Gambia River Basin Development Project (OVMG) just revealed that they will be connecting withinterconnection transmission and distribution lines to bring power from the Samba Ngallo Dam hydroelectric project in Guinea, starting in 2019.
One of the fastest growing real estate markets in Africa are the ones referred to as Francophone West. It will be the focus of the bilingual Francoreal Property Investment Summit coming up in October in Dakar, Senegal.
President Xi Jinping just finished his first state visit to West Africa on July 20-21. It was a planned stopover on his way to the BRICS summit in South Africa. Thought there were other options President Xi had available, the primary reason he picked Senegal has to do with its strategic importance to China's Belt and Road Strategy.
A gathering of over 15 climate scientists from African Regional Climate Centres (RCCs) and National Metereological and Hydrological Services (NMHSs) met on July 10-11 to review a WMO resolution on data sharing standards and protocols in Africa.
The European Commission just announced it will be providing a humanitarian aid package worth €191.3 million to assist Africa's Sahel region, which is continuing to experience its worst food and nutrition crisis in five years.
UAE-based global satellite operator Yahsat (www.Yahsat.ae) is acting as a Gold Sponsor for the West Africa Com telecom trade exhibition on July 10 and 11th. It is doing so in advance of a major roll out of YahClick, its flagship broadband service, to partners and customers throughout the region.
Smallholder farmers in Kenya and many regions of Africa are struggling after long-term climatic change effects and extended drought have virtually destroyed what used to be a far stronger agricultural economy. Those farmers must be involved when plans are created to help them recover their croplands for the future.
On June 30, the United Nations announced an ambitious plan it was launching, to harness the "immense" potential of Africa's Sahel region, from renewable energy and natural resources to culture and tourism.
Coris Bank International (CBI), a Burkina Faso based bank, just recently launched a range of Islamic financing solutions and products under its Islamic window called "Coris Baraka". This was made possible thanks to a partnership with International Islamic Trade Finance Corporation (ITFC).
According to the new 2018 Africa Risk-Reward Index from London-based Control Risks and Oxford Economics, West African economies are seeing improved risk-reward scores this year. The underlying reasons for this are increased political stability in the region, effetive public economic reforms, and rising commodity prices.
An $8 billion project to transform the landscape of Africa and restore drought-stricken areas has started and yet most of the world does not know of it. It is the Great Green Wall for the Sahara and Sahel Initiative, and involves the planting of a wall of trees over 7,600 kilometers long.
A managed approach to African migration could make a major difference to both the growth and the structure of the continent's economy. This is a major conclusion presented in UNCTAD's 2018 Economic Development in Africa Report: Migration for Structural Transformation.
French mass media conglomerate Vivendi and Paris-based telecom Orange are partnering to open new movie theaters across western and central Africa. The goal is to help reestablish the experience of movie-watching under the best technical conditions and in comfort, after three decades in which cinemas have all but disappeared in some area.
Golar LNG To Begin Front End Engineering Design for FLNG Vessel to Support Field Offshore Mauritania and Senegal
Golar LNG Limited of Bermuda has reached an agreement to proceed with the Front End Engineering Design (FEED) for the provision of an FLNG vessel, to help develop Phase 1A of the Greater Tortue/Ahmeyin field, located offshore Mauritania and Senegal
ENGIE (www.ENGIE-Africa.com), part of the French ENGIE corporation, along with Meridiam, its investment partner, have won a contract from Senegal's Electricity Sector Regulation Commission (CSRE) as the preferred bidder in a tender launched in October 2017 for two solar photovoltaic projects providing a total of 60MW power.
UK-based TechnipFMC, a provider of lifecycle services for the energy industry, has been awarded a front-end engineering design contract for the floating production storage and offloading (FPSO) unit for the Tortue/Ahmeyim Field Development.
Senegal's refugees had sought jobs and a better life by heading north to Algeria, Libya, and Europe beyond. When that was done, returning back to their homeland has for some proven a bigger challenge than expected.
Intelcia, a customer relations outsourcing company based in Morocco, announced the integration of outsourcing sites Outremer Télécom Maurice et Madagascar, which will now conduct business under the Intelcia banner.
The British Council and Ynaija.com, a Nigerian news website and blog, announced the launching of the West Africa Arts Exchange (WAArtsExchange), a community of the talented artists from West Africa and arts lovers across the world.
The servicing arm of the Lebanese Credit Insurer (LCI), LCI Services, has expanded its Debt Collection Services to cover 11 new African markets to support clients in their regional growth and protect their trade receivables.
AccorHotels, a multinational hotel group based in Paris, and Air France launched a digital campaign, #MyChicAfrica, to offer African influencers the possibility of becoming Ambassadors of their continent in order to portray a bold and trendy Africa.
Antwerp and Dakar port authorities have announced that they will be collaborating more closely in the next few years.
French energy efficiency solutions provider VINCI Energies has won the Société d'Electricité du Sénégal (SENELEC) contract as part of Senelec’s transmission and distribution grid expansion, reinforcement and reliability enhancement program in the West African nation of Senegal.