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The Pan-African Economy in Brief: Thursday, July 30, 2020

Zimbabwe:
Zimbabwe requests the IFC to oversee the privatization of TelOne and NetOne:
Zimbabwe has asked the International Finance Corporation (IFC) to act as transaction advisor in the privatization of telecom companies TelOne and NetOne. The government opted for this approach in view of the high consultancy fees charged by PricewaterhouseCoopers (PwC).


South Africa:
Air Liquide will acquire the world's largest oxygen production site in South Africa:
The French industrial gas producer Air Liquide has announced that it has reached an agreement with the South African petrochemical company Sasol to acquire its Secunda oxygen production plant. The plant, which is the largest in the world, has an installed capacity of 42,000 tonnes of oxygen per day, via 16 air separation units.


Côte d’Ivoire:
Alassane Ouattara continues to maintain the suspense about the possibility of his candidacy for the presidency:
While his speech was eagerly awaited on Wednesday at a meeting of the Political Council of the RHDP, Alassane Ouattara assured that he will make public very soon his decision regarding his possible candidacy for a third presidential term, "on the occasion of an address to the nation."


Madagascar:
Covid-19: Airtel Madagascar supports the Ministry of Telecommunications in the fight against the Covid-19 pandemic:
In this period of health crisis, Airtel Madagascar is taking initiatives and citizen actions towards the Malagasy population. In support of the interventions of the Ministry of Posts, Telecommunications, and Digital Development (MPTDN) in the fight against the Coronavirus, a delegation from Airtel Madagascar donated 10,000 washable masks as well as an Internet connectivity kit for a treatment centre.


Togo:
Togo launches Yolim, a digital zero-interest credit platform for farmers:
The Togolese authorities officially launched this Tuesday the Yolim platform, a digital credit program, at zero interest rate for the benefit of Togolese farmers. This tool, the result of interministerial collaboration (agriculture, digital economy, finance), was designed as part of the agricultural response plan launched by the government to rescue the sector affected by the Covid-19 crisis.