2024-01-02 18:05:52
Published on January 2, 2024
Lecture : 3 minutes.
Development of infrastructure, rationalization of public spending, rehabilitation of major projects already launched, the heads of state Macky Sall (Senegal), Paul Biya (Cameroon) and Alassane Ouattara (Ivory Coast) did not fail to detail their commitments economical on the occasion of their televised wishes.
• Senegal in orbit
In his end-of-year speech, imbued with particular importance, because it announced the presidential transition of April 2024 at the end of which he will pass the torch to his successor, the Senegalese president, Macky Sall, stood out by announcing a spectacular breakthrough: the imminent launch of a satellite entirely designed and manufactured in Senegal.
This project, named Gaindesat and financed to the tune of 1.5 million euros, is an initiative of the Senegalese Ministry of Higher Education carried out in close collaboration collaboration with the Montpellier University Space Center (CSUM).
The control and management of the satellite will be ensured by the brand new space control center of Senegal, in synergy with the National Center for Space Studies of France (CNES) and Ariane Group. The orbiting of this satellite is planned for the first quarter of 2024.
• Cameroon sabre its oil subsidies
On the Cameroon side, President Paul Biya’s address was marked by the announcement of a planned reduction in subsidies, a decision taken in the context of increasing financial pressure exerted by oil subsidies on the national budget.
This initiative comes after a slight increase in fuel prices decided in 2023, which had the effect of result to reduce subsidies from more than 1,000 billion CFA francs (1.53 billion euros) in 2022 to around 640 billion CFA francs in 2023.
Despite this choice, the president insisted on the need to find a balance, ensuring that future reductions do not significantly affect the purchasing power of households. In the frame of This strategy, the acceleration of the rehabilitation of the National Refining Company (Sonara) was ordered, aiming to strengthen the oil sector.
At the same time, Paul Biya shared optimistic news on the economic health of Cameroon, which experienced growth of 3.9% in 2023, attributed to the strength of the non-oil sector and good management. effective inflation, stabilized at 6.7%. The Head of State also spoke of significant progress in infrastructure, notably the completion of the Yaoundé drinking water supply project and similar projects in Douala.
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• In Ivory Coast, focus on infrastructure
Despite global economic turbulence, marked by inflation, monetary tightening and regional and international instabilities, the Ivorian President Alassane Ouattara said he expects promising economic growth of 7% for 2024.
A highlight of his speech was the announcement of the launch and advancement of major infrastructure projects, intended to radically transform urban mobility and regional development.
These initiatives include the construction of the Akwaba roundabout interchange in Abidjan and of five interchanges on Boulevard Germain-Coffi-Gadeau, as well as the establishment of a rapid transit bus (BTR) network in the economic capital, designed to provide an efficient and rapid transport solution. And that’s without forgetting the commissioning of several sections of the Northern highway, the East and West exit highways, as well as the fourth et fifth bridges in Abidjan, intended to improve road connections and strengthen tourism.
In addition, in the Great West, the asphalting work on the Man-Kouibly and Guiglo-Taï axes is also announced for 2024. But the flagship project is undoubtedly the Abidjan metro, financing for which is now assured: the first disbursements are planned for January 2024.
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