Economy

Ikoyi, an upscale suburb of the megacity Lagos, Nigeria. Beyond the lagoon is Victoria Island, and beyond that is the new city under construction called Eko Atlantic City, right on the Atlantic Ocean.- Reginald Bassey, CC BY-SA 4.0, via Wikimedia Commons

Ikoyi, an upscale suburb of the megacity Lagos, Nigeria. Beyond the lagoon is Victoria Island, and beyond that is the new city under construction called Eko Atlantic City, right on the Atlantic Ocean.- Reginald Bassey, CC BY-SA 4.0, via Wikimedia Commons

Africa, a continent to conquer

- 5:55 pm

Struck by the global pandemic, the African economy saw its GDP decline by 2.1% in 2020. However, the post-Covid recovery offers good prospects, particularly in construction and real estate.

The ITER experiment is under construction at a site in southern France, with first plasma operations scheduled for 2025. The tokamak building is the mirrored structure at center. Photo credit Courtesy ITER Organization/EJF Riche.

The biggest magnet in the world comes to France

- 5:23 pm

ITER or the International Thermonuclear Experimental Reactor, currently under construction at Cadarache in the South of France, is getting ready to receive the biggest magnet in the world.

Fillon meets Putin at the 19th St Petersburg International (Photo credit The Kremlin Economic Forum in 2015)

Ex-Prime Minister Fillon to join Russian hydrocarbon company

- 7:54 am

Former french Prime Minister François Fillon is to join the board of directors of the Russian oil company Zaroubejneft, according to a Russian government decree. He is the nominee of the Russian government. Zaroubejneft specializes in the development and exploitation of oil and gas fields particularly overseas.