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Old Today, 12:35 PM   #14321
popa1980
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Originally Posted by Umoja View Post
Abidjan soon equipped with BRT (Bus rapid transit) lines



Abidjan, 18 Jan (AIP) -Abidjan will soon be equipped with BRT lines (Bus rapid transit) or fast bus service (SRB) according to the feasibility study returned and validated during a ceremony organized for this purpose at the Sofitel hotel ivoire , in Abidjan-Cocody.

Funded by the Swedish fund represented at the ceremony by Hans Ôrn, the BRT project which aims to set up, in Abidjan, a high-quality, modern public transport system ensuring a fast and comfortable service, offering a capacity similar to a metro system.
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This system, according to WSP, will eventually increase the linearity of bus lanes on the section where traffic is intense, freeing the bus network from traffic congestion, including the many traffic jams, and increasing urban mobility. with a very positive economic, environmental and social impact.

Serving the entire region on dedicated lanes ideally located in the center of the roadway and allowing the bus to avoid traffic jams, with connections to the metro, the lagoon transport, and the Monbus network of Sotra over 188 kilometers in total, the BRT will be able to transport 50,000 people or more at peak times and more than 175 million passengers a year. According to the designers, the users will be able to save 88,000 hours a day, avoiding the emission of 30,000 tonnes of greenhouse gases in Abidjan, according to the study carried out.

For the Swedish consul in Ivory Coast, Raymond Sauhi, his country wants to offer Ivory Coast all its technicality to participate in its development in several sectors.

According to the Minister of Construction, Housing, Sanitation and Urbanism, Claude Isaac Dé, representing the Minister of Transport on mission, the introduction of a BRT was considered by Abidjan in its master plan Greater Abidjan Urbanism (SDUGA) as an affordable way to meet a high mobility demand by providing an efficient public transport system.

The establishment of the BRT responds to local needs on the social, economic and ecological levels, it was learned.

Côte d'Ivoire plans to be an emerging country by 2020, it is recalled.



http://abidjantv.net/economie/abidja...rapid-transit/
So Abidjan is developing BRT as well as suburban rail. smart move.
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Old Today, 02:08 PM   #14322
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Chad: authorities seek solutions refloat the country's fund



The crisis in the Chadian economy continues in Chad. The government has announced the launch in the coming days of a transaction called "zero loss of revenue" of the state. An operation to be overseen by the General Inspectorate of Finance and which should mobilize a support force composed of nearly 500 agents from the police, the army, customs and special services.

Chad is still struggling to emerge from the economic crisis caused by the drop in oil prices since 2014, especially as the oil rent represents more than 70% of the state budget.

Antoine Doudjidingao, professor of economics at the University of N'Djamena:

"This decline has led the government to take fiscal austerity measures. In the 2018 Finance Act, these measures aim to improve, if not optimize, the collection of resources. Now everything depends on the means to implement to achieve the objectives. "

The 2018 budget for Chad provides revenue of about 846 billion CFA francs, against 690 billion CFA last year. This makes a slight increase of 156 billion CFA francs. How to mobilize the expected revenues and maybe do more? The authorities intend to strengthen the fight against corruption, a scourge that has become stronger since Chad exports oil.

Antoine Doudjidingao: "With oil resources, the increase in both public and private investment should, in principle, lead to an increase in tax and non-tax revenues. However, we know that tax revenues have not increased substantially and the authorities have found that there is a significant loss of non-tax and tax revenue. "

ALCOMET, the Association against corruption and economic malpractices in Chad welcomes this operation "zero loss of revenue" announced by the government. An operation that should be accompanied by the hunt for corruptors and corrupt.

But Foula Baba Issac, of this NGO, remains skeptical.
"Many times, the Chadian government has made this declaration to commit itself to fight against corruption. If the government says it is committed to 'zero corruption', we want to see it at work. It will be necessary for those who will be on this site to be trained. If not, they will proceed to the settling of scores and this will engender blatant violation of human rights. "

The Chadian Minister of Finance and Budget has announced the introduction of a toll-free number, the 700 for economic operators, so that they can denounce any attempt at corruption.

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Tchad: les autorités cherchent des solutions pour renflouer les caisses du pays

La crise de l’économie tchadienne perdure au Tchad. Le gouvernement vient d’annoncer le lancement dans les prochains jours d’une opération dite « zéro déperdition des recettes » de l’Etat. Une opération qui sera chapeautée par l’inspection générale des finances et qui devrait mobiliser une force d’appui composée de près de 500 agents issus des forces de l’ordre, de l’armée, des douanes et des services spéciaux.

Le Tchad peine encore à sortir de la crise économique engendrée par la chute des cours du baril de pétrole depuis 2014, d’autant que la rente pétrolière représente plus de 70% du budget de l’Etat.

...
http://www.rfi.fr/emission/20180122-...r-caisses-pays
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Old Today, 02:14 PM   #14323
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7.5m Nigerians jobless since 2016 – NBS



About 7.5 million Nigerians were doing nothing between January 2016 and December 30, 2017, the National Bureau of Statistics has revealed.

This was disclosed by NBS in its “Labour Force Statistics Vol. 2: Employment by Sector Report,” released on Sunday in Abuja.

The report shows that 77.55 million of country’s labour population of 85.1 million were engaged in some sort of economic activity for at least an hour a week; (8.46 million-1-19 hours; 18.02 million-20-39 hours; 51.06million-above 40 hours), as reflected in the third quarter of 2017 (Q3), while 7.53 million were doing absolutely nothing. The NBS report further shows that among the 77.55 million labor population who were engaged in some extent of economic activity, 38.24% of them or 29.66 million were self-employed engaged in farming/agriculture, and 27,93% or 21.66 million were self-employed in non- farming/agriculture sectors. “A total of 19.72 million were working for pay or wage, which was equivalent to 25.42% of the total workers in 2017 Q3. Paid apprentices and unpaid house workers constituted 7.30% and 1.11% of the total working force engaged for at last one hour a week. The bureau further revealed that of a total employed (full time employed and underemployed which is 20 and above working hours a week) of 69.09 million, 17.88million or 25.88% work for pay/ wage, 45.47 million or 65.82% are self-employed working in agriculture (25.47 million or 36.87%) and non-agriculture related activities (20.0 million or 28.95%), 779,002 or 1.13% are paid apprentice and 4.95 million or 7.17% are unpaid houseworkers.

https://www.vanguardngr.com/2018/01/...ince-2016-nbs/
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Old Today, 02:16 PM   #14324
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Originally Posted by popa1980 View Post
excessively so.

I never understand why economists gush over 3-4% growth in SA with its myriad of problems. People are just so desperate to see it do well.
We are Mandela's country and have huge credibility amongst global finance roleplayers. There is literally no other African country that has capital markets as deep and liquid as ours therefore they are always willing to give us the benefit of the doubt.
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Old Today, 02:33 PM   #14325
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We are Mandela's country and have huge credibility amongst global finance roleplayers. There is literally no other African country that has capital markets as deep and liquid as ours therefore they are always willing to give us the benefit of the doubt.
Very true but I hope Cyril privatises all the parastatals their concept is outdated and their often used as a primitive way of wealth accumulation if he did that SA would hit that illusive 5% growth.
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Old Today, 02:46 PM   #14326
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The Gambia at the crossroads

How has the Gambia been doing since January 21, 2017, former president Yahya Jammeh exiled to Equatorial Guinea? Response elements.



In principle, this Sunday, January 21 should be a holiday like no other in The Gambia. Indeed, it will be a year since former Gambian President Yahya Jammeh went into exile in Malabo, Equatorial Guinea after 22 years of power. This week also marks the first anniversary of the inauguration of President Adama Barrow, 53, who took office on January 19, 2017, following his election in December 2016.

Certain democratic advances

But the new government has decided not to make this day of 21 January a holiday. While there have been major advances in the respect and protection of fundamental rights, much remains to be done to restore the rule of law and freedoms in this country, which has long lived under the thumb of an ultra-modern regime. violent. As a prelude Amnesty International (AI) launched a film highlighting the courage of human rights defenders in the Gambia who took all the risks to resist the oppression of the Jammeh regime.

According to the West Africa and Central Office of the International Organization, the film We Never Dropped: Stories of Courage in The Gambia, "For 22 years, we did a survey of Gambians living in a climate of fear. Their rights have been violated and many have been subjected to torture, arbitrary detention and widespread surveillance. Even in these hard times, there were people brave enough to stand up and denounce the abuse of power, "said Alioune Tine, the regional director for West and Central Africa.

President Barrow's first year at the helm of the state has allowed some significant advances to ensure respect and protection of human rights, "but much remains to be done for a decisive break with the brutal past. the country has known, "said Alioune Tine. President Adama Barrow was inaugurated on 19 January 2017, following his election in December 2016. He released dozens of prisoners detained for political reasons and returned to Gambia's withdrawal from the International Criminal Court (ICC).

An economy to recover

Only downside: an economy at half mast. In his New Year's speech, President Barrow invoked the record of his predecessor, claiming to have found on his arrival "a debt of over a billion dollars, an astronomical rate of 120% of GDP." Barrow said that GDP growth for 2018 is forecast at 3.8% compared to growth of 2.2% in 2016. He added that agriculture, industry and services should record positive growth relative to the year that ends.

The country has, however, switched to "exchange reserves of less than one month of import coverage by more than four months at the end of the year", he said. Under Yahya Jammeh, "state infrastructure has been neglected," he said, citing the electricity sector, a major source of discontent of the population.

The Gambian leader said his government has established an energy road map to help solve the ongoing energy crisis. This plan, he added, is already attracting donors and investors. He noted that these are some of the steps they have taken for this country to come out of isolation and collapse the economy to become a dynamic destination for investors and a center of attraction for the people of the underworld. region and beyond. For the International Monetary Fund "inflation reversed its upward trend, reflecting the stabilization of the dalasi (national currency) and a gradual decline in food prices. With much improved fiscal discipline and external financial support, the dalasi has remained stable since April and international reserves have strengthened significantly, "reads the final communiqué of the IMF mission in Banjul last December.

According to the same statement, the country's economic growth is expected to accelerate gradually to 5% by 2020, "assuming a good implementation and expansion of electricity supply, the expansion of irrigation and commercial agriculture, investment in tourism and trade, and continued investment in infrastructure. " And the first results of this new economic diplomacy are already there. The Gambian president has signed a $ 75 million grant agreement with his Chinese counterpart, Xi Jinping, as part of the cooperation between Banjul and Beijing. This envelope is intended primarily for construction projects in the Upper River (URR) region, including the erection of a bridge over the waterfront.

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La Gambie à la croisée des chemins

Comment la Gambie s'en sort-elle depuis que, le 21 janvier 2017, l'ex-président Yahya Jammeh s'est exilé en Guinée équatoriale ? Éléments de réponse.

En principe, ce dimanche 21 janvier devrait être un jour de fête comme aucun autre en Gambie. En effet, cela fera un an que l'ex-président gambien Yahya Jammeh est parti en exil à Malabo, en Guinée équatoriale après 22 ans de pouvoir. Cette semaine marque aussi le premier anniversaire de l'investiture du président Adama Barrow, 53 ans, entré en fonction le 19 janvier 2017, à la suite de son élection en décembre 2016.

Des avancées démocratiques certaine

Mais le nouveau gouvernement a décidé de ne pas faire de cette journée du 21 janvier un jour férié. Car s'il y a eu des avancées majeures concernant le respect et la protection des droits fondamentaux, beaucoup reste à faire pour restaurer l'état de droit et des libertés dans ce pays qui a vécu longtemps sous la coupe d'un régime ultra-violent. En prélude Amnesty International (AI) a lancé un film mettant en exergue le courage des défenseurs des droits de l'homme en Gambie qui ont pris tous les risques pour résister à l'oppression du régime Jammeh.

...
http://afrique.lepoint.fr/actualites...88299_2365.php
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Old Today, 02:49 PM   #14327
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Very true but I hope Cyril privatises all the parastatals their concept is outdated and their often used as a primitive way of wealth accumulation if he did that SA would hit that illusive 5% growth.
No! Cyril has already emphatically said that Eskom is our economic crown jewel and that with the right leadership can be turned around.

These are assets that are fundamentally sound, they just need good governance.

For e.g. ACSA, the parastatal that owns our airports, is well-governed, builds great airports and pays both taxes and dividends for the country. It's a great asset to the country. It's also self-financing.

Therse parastatals are the reason SA has the best infrastructure on the continent.Tthey must belong to the people via the govt.
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Old Today, 02:56 PM   #14328
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No! Cyril has already emphatically said that Eskom is our economic crown jewel and that with the right leadership can be turned around.

These are assets that are fundamentally sound, they just need good governance.

For e.g. ACSA, the parastatal that owns our airports, is well-governed, builds great airports and pays both taxes and dividends for the country. It's a great asset to the country. It's also self-financing.

Therse parastatals are the reason SA has the best infrastructure on the continent.Tthey must belong to the people via the govt.
I see your point but the problem is because the sole shareholder is the govt for political reasons people might be allowed to plunder them as zuma’s Case shows it happened in zim when mugabe was too old and they were taking advantage of him for eg parastatals were 40% of gdp in the 90’s there are now only 2% obviously this an extreme case but Eskom should at least be part privatised as private shareholders won’t allow corruption for political reasons
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Old Today, 02:58 PM   #14329
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Ethiopia leader rejects call for World Bank arbitration in dam dispute

ADDIS ABABA (Reuters) - Ethiopia’s Prime Minister Hailemariam Desalegn has rejected a call by Egypt for World Bank arbitration in a dispute over a hydroelectric dam Addis Ababa is building along its share of the Nile.

The two countries are at odds over the construction of the Grand Ethiopian Renaissance Dam, with Cairo fearing the project would restrict waters flowing down from Ethiopia’s highlands and through the deserts of Sudan to its fields and reservoirs.

The Horn of Africa country, which aims to become the continent’s biggest power exporter, says the $4 billion-dam will have no such impact.


With discussions deadlocked for months over the wording of a study on its environmental impact, Egypt’s Foreign Minister Sameh Shoukry proposed late last month that the World Bank be allowed to help settle the dispute.

Seeking professional support is one thing, transferring (arbitration) to an institution is another thing. So we told them that this is not acceptable with our side,” the state-run Ethiopian News Agency quoted Hailemariam as saying.

...

https://www.reuters.com/article/us-e...-idUSKBN1FA0WE
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