News Updates This Week

Ivory Coast’s energy leap

To achieve its energy revolution, Côte d’Ivoire chose to privatise this sector in 1993. More than 25 years later, the country has one of the best production capacities in Africa and aims to cover 99% of its population by 2035 and produce 42% of renewable energy.

Mr Ahmadou Bakayoko, Director-General of the Ivorian Electricity Company (Compagnie Ivoirienne d’Electricité) responds to pertinent questions on the subject in an interview conducted by Africanews journalist Ruth Lago. Read about it here https://bit.ly/32acjjC

Counting the cost of Suez Canal blockade on industries

An estimated 9.6 billion dollars’ worth of goods are held up. Egypt alone lost between 12 to 15 million dollars a day. About 12 percent of global trade transit through the Suez Canal. It has been an unexpected collateral impact of the Suez Canal blockade. With the “Ever Given” container ship coming to a stop, close to 400 carrier vessels, including supertankers, had to halt their journey, resulting in oil prices going on a roller coaster ride. On Thursday March 25, the price of the black gold lost about 4%, before starting again and closing higher the next day. As the ”Ever Given” was freed on Monday, world oil prices eased. For analysts, the fluctuation of the figures is far from worrying. https://bit.ly/3d7faQT

Chad’s Deby Eyes Sixth Presidential Term

Vote counting has started in Chad after a tense presidential election on Sunday that is likely to see President Idriss Deby extend his three-decade rule, despite signs of growing discontent over his handling of the nation’s oil wealth. Deby, 68, was the first to cast his ballot at a polling station in the capital N’Djamena. He is one of Africa’s longest-serving leaders and an ally of Western powers in the fight against Islamist militants in West and Central Africa. Read more about the story here https://reut.rs/3wMRFEl

Vote Counting in Benin After Election Marked by Violent Protests

Vote counting began in Benin on Sunday in a presidential poll that was boycotted by some opposition parties over violence triggered by objections to President Patrice Talon’s quest for a second five-year mandate. Protests in several cities this week turned violent. Some people were killed in gunfire on Thursday in the central town of Bante when security forces fired warning shots, its mayor told local radio, without saying how many died. Read more here https://reut.rs/3d7UKHh