By the AFREEQUE newsroom, based on Financialafrik
Gabon’s 2034 Eurobond, worth 342 billion CFA francs, or $583 million, was trading 6.7 points below its initial price 12 days after its issue. Its yield rose from 12.8% to 14.1%, reports Financialafrik.
The European Investment Bank is considering €25 million in financing, or approximately 16.4 billion CFA francs, to strengthen Benin’s participation in ATIDI and support businesses. The project targets micro, small and medium-sized enterprises as well as foreign investors, according to the project sheet published by the EIB.
🇧🇯 Benin · Source: La Nouvelle Tribune ·
Gabonese President Brice Clotaire Oligui Nguema travelled to Port-Gentil to meet survivors and families after the Mayumba shipwreck. His visit took place near the search operations, according to Gabonactu, which also reported his support for those affected by the shipwreck.
🇬🇦 Gabon · Source: Gabonactu ·
The Gabonese government restored access to social media after an eight-month suspension. Since October, formal identification has been mandatory for all Gabonese users, ending online anonymity, reports Le Monde.
🇬🇦 Gabon · Source: Le Monde ·
The MASI index of the Casablanca Stock Exchange rose by 0.12% on Tuesday to 17,020.28 points, while trading reached nearly 167.1 million dirhams. M2M Group recorded the biggest gain among shares, at 6.58%, according to the Casablanca Stock Exchange’s closing data.
🇲🇦 Morocco · Source: Infomediaire ·
France expresses solidarity after Prospector 5 sinks off GabonThe French embassy in Gabon and São Tomé and Príncipe expressed its condolences after the Prospector 5 oil rig sank off Mayumba, leaving one person dead and several missing. It also praised the rescue teams and expressed support for survivors receiving care in Port-Gentil, Infosgabon reports.
Equatorial Guinea strengthens financial oversight of public entitiesThe Equatorial Guinean government is strengthening financial and fiscal oversight of public entities, including monitoring their debts to SEGESA and planning payments for their electricity consumption. The approach was discussed at a second meeting held this year, according to Ahora EG.The week in Africa
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