Fatshimetrie, a financial services technology platform, has completed its 13th securitization bond issuance worth LE 519.2 million, as part of a multiple issuance program totaling LE 10.8 billion. This achievement attests to the company’s momentum since its inception, reinforcing its growth plans. Through these issuances, Fatshimetrie has expanded its financial services offering and consolidated its market position, affirming its commitment to growth and innovation in the financial sector.
Category: Economy
Remittances from Egyptians working abroad have reached record levels in 2024, reflecting confidence in the country’s economic reforms. Data from the Central Bank of Egypt shows an impressive increase of 45.3% in the first ten months of the year, reaching approximately $23.7 billion. This dynamic growth contributes to the financial stability and growth of the Egyptian economy, strengthening the solidarity of expatriates towards their home country. The favorable economic outlook is expected to further strengthen the Egyptian economy in the coming months.
The signing ceremony of the minutes of certification of losses and shortfalls of oil companies in the Democratic Republic of Congo, chaired by the Deputy Prime Minister, marks a significant step forward for transparency and financial governance in the oil sector. The results revealed indicate a net amount owed by the Congolese State of USD 16,043,984, highlighting the commitment of stakeholders to effectively manage public resources. Collaboration between public and private actors has fostered constructive dialogue and a better understanding of economic issues. Maintaining dialogue and the transparency displayed strengthen mutual trust and financial stability, paving the way for responsible and proactive governance to ensure the sustainable development of the national economy.
In Senegal, the suspension of peanut exports aims to promote local processing of this emblematic crop. This unprecedented decision has provoked mixed reactions: applauded by small producers and local processors, it has raised concerns among large producers. The main processing company, Sonacos, has committed to restarting its inactive units. However, the government has relaxed the measures to allow the export of surpluses once local needs have been met. This initiative underlines the importance of reconciling local and international interests in the Senegalese peanut sector.
Fatshimetrie, a key player in online news, enlightens its readers on the burning issues of our modern society. Through hard-hitting articles and in-depth analyses, Fatshimetrie offers a captivating dive into the complex workings of information. Covering a wide range of themes, from politics to culture, including economics and technological innovations, this media stands out for its journalistic rigor and commitment to the truth. By inviting readers to reflect and debate, Fatshimetrie positions itself as an essential reference for those seeking to understand the world around them. Navigating the world of Fatshimetrie means immersing yourself in rich, diverse and essential content to stay informed, enriched and inspired.
Summary: On December 25, 2024, the Democratic Republic of Congo witnessed the signing of the minutes of certification of losses and shortfalls in the oil sector, marking a crucial milestone for the management of public resources. Daniel Mukoko Samba, Deputy Prime Minister, revealed a net debt of USD 16,043,984 to oil companies, emphasizing the importance of transparency and collaboration. This move demonstrates the government’s commitment to responsible and effective governance, ensuring a prosperous future for the country.
In a poignant speech at a mass in Kananga, Bishop Félicien Ntambwe highlighted the essential needs of the people of Kasai Central: roads, electricity and the fight against soil erosion. He stressed the importance of these infrastructures for the economic development of the region. President Tshisekedi committed to completing the construction of the Kalamba-Mbuji road, thus responding to an urgent call to ensure a prosperous future for this region. The authorities must act quickly to meet the critical needs of the people of Kasai Central, thus ensuring harmonious and equitable development for all.
On December 24, 2024, Prime Minister Judith Suminwa Tuluka received the new official portrait of President Félix Tshisekedi from Minister Yolande Elebe Ma Ndembo. This symbolic ceremony underlines the importance of the visual representation of the Head of State in national unity and recognition of the authority of the State. Culture, a pillar of national identity, occupies a central place in this process of promoting heritage and social cohesion. This presentation of the portrait marks a historic moment and strengthens the bond between the government and the Congolese people.
The Democratic Republic of Congo recently promulgated its budget for the year 2025, marking a significant step in the country’s economic management. With a significant increase compared to the previous year, this budget demonstrates a strong desire to drive sustainable growth and development. The debates in Parliament and the adjustments made resulted in a consensus demonstrating democratic vitality. The budget’s priorities include free education and maternal care, as well as strengthening infrastructure, with the aim of improving the living conditions of citizens. This decision marks the beginning of a new era for the country, based on principles of transparency, efficiency and social justice, and sends a strong signal to the international community about Congo’s commitment to making concrete changes for the well-being of its population.
President Félix Antoine Tshisekedi Tshilombo’s speech in Kananga highlights infrastructure challenges, particularly in the electricity sector, for Kasaï Central. The Katende hydroelectric power plant project is crucial, despite obstacles such as the presence of disruptive bees. The announcement that work on the Mbombo power plant will start in February 2025 shows the government’s willingness to act effectively to address energy issues in the region. These projects offer hope for change for the local population, marking a strong commitment to developing the region and improving the living conditions of residents.