Ivory Coast’s electricity monopoly, which has a stock that’s soared 95 percent in the past year, will increase exports as rising domestic demand boosts profit amid an economic recovery in the world’s biggest cocoa producer.
Cotton output in Tanzania, Africa’s fourth-biggest producer of the fiber, may drop 30 percent this year after lower prices discouraged growers and pesticide distribution was curbed, the Tanzania Cotton Board said.
Militia leader Amade Oueremi held responsible for illicit cocoa-growing in protected Mont Peko forest in western Ivory Coast, state broadcaster Radio Television Ivorienne reports. *Detention of Oueremi is part of government push to flush out people growing crops in forests and national parks *Oueremi, a Burkina Faso national, allegedly ran a group of armed private militia in Mont Peko since 2000
Ivory Coast’s Public Procurement Regulating Authority dismissed an appeal from a group led by CMA CGM SA in relation to a bid won by Bollore SA to run a second container terminal at the port of Abidjan.
Vivendi SA, the French company seeking to reorganize its telecommunications-to-media structure, is targeting a completion of the sale of its Maroc Telecom SA stake by October, according to people familiar with the matter.
Boeing Co.’s decision to slow output of the new 747-8 model is complicating Cargolux Airlines International SA’s fleet-renewal plans as Europe’s biggest freight-only carrier standardizes around the upgraded jumbo.
Clarisse Kambire’s nightmare rarely changes. It’s daytime. In a field of cotton plants that burst with purple and white flowers, a man in rags towers over her, a stick raised above his head. Then a voice booms, jerking Clarisse from her slumber and making her heart leap. “Get up!”