Post: Financing agreement for Oued Chaabouni industrial zone rehabilitation project

Sfax: A financing agreement for the Oued Chaabouni industrial zone rehabilitation project in Sfax was signed on July 11 in Tunis with the German Development Bank (KFW) as part of the Investment for Employment (IFE) initiative launched by the German government.The project consists in particular in upgrading the infrastructure of the Oued Chaabouni industrial zone, first delegate in charge of managing the affairs of the governorate of Sfax Mohamed Nefti Gadouda said.Works include notably the renovation of roads, electricity and sanitation networks, as well as car parks at a cost of TND 11 million, he added.The project is expected to create 397 jobs and improve working conditions for 3,325 employees.Source: Agence Tunis Afrique Presse

First Simandou Mining Summit Draws Over 1,000 Delegates to Conakry

Conakry:Guinea is hosting the inaugural Simandou Mining Summit in Conakry from November 11 to 14. The event, themed “The Mining Industry A Catalyst for Economic Sovereignty,” is organized by the Simandou Strategic Committee in collaboration with the M…

Biovéa Biomass Power Plant Inaugurated in Ayébo, Ivory Coast

Ayébo:The 46 MW Biovéa Énergie biomass power plant was inaugurated in Ayébo, located in the Aboisso sub-prefecture of the Sud-Comoé region. The inauguration ceremony, held on November 5, was attended by the Minister of Mines, Petroleum and Energy, Mam…

Ethiopia’s GDP Reaches $210.7 Billion Following Rebasing

Addis Ababa:Ethiopia’s Finance Minister, Fitsum Assefa, has announced the results of the GDP rebasing with the Ethiopian fiscal year 2017 (2024/25) as the new base year. The announcement was made in Addis Ababa on November 4.

According to Africa New…