NewsA biennial budget of 5 billion FCFA has been allocated to the Center for Studies and Experimentation in Agricultural Machinery (Ceneema), a public enterprise responsible for promoting the mechanization of agriculture in Cameroon. Founded in 1974, this company has not been active for several decades. This budget will be devoted to the rehabilitation of the Garoua antenna as well as the workshops of this structure in Yaoundé.
Nigeria has only 12,000 MW of installed electrical capacity and only 3 to 4,000 MW reaches end users. 120 million Nigerians are completely disconnected from the grid or receive only four hours of electricity per day. There are around 60 million of autonomous diesel generators. Nigerians spend about $ 20 billion a year on fuel oil or gasoline for generators, candles, extra batteries, kerosene and charcoal.
In Algeria, Tahkout Manufacturing Company (TMC), a subsidiary of the Tahkout Group, which operates the car assembly plant for the South Korean brand Hyundai, has cut its workforce due to its financial inability to pay salaries since 2019.
The Ivorian group Plastica, West African leader in plastics, takes over the assets of SES, a French specialist in medical plastic packaging, based in Saint-Pal-de-Mons (Haute-Loire). SES takes the name of Plastica France.
Nigerian automaker JET Motor Company, specializing in electric minibuses, has raised $ 9M to invest in R&D and enrich its range of models, for sale by the end of 2020. Currently, only Innoson Vehicle Manufacturing has produced vehicles since 2009, 100% Nigerian.