Foreign trade newsletter: no. 13

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E/CN. 141STCI FTN/J 3

UNITED NATIONS

ECONOMIC COMMISSION FOR AFRICA

FOREIGN TRADE NEWSLETTER

No. 13

November 1965

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i i i i i

B/CN.14/STC/FTN/13

FORc:IGN crRADE l'fBHSIETTBR

ne.,

13

CONTENTS

FORE'iIORIJ

DEV1:LOPJVJl;JNTS AT AGLAN<JE WE,:S DIGb S'I'

TRADE AGREEl![8NTS 1

EXTEPJ'fAL ASSISTANCE, CREDITS AND INV-"STl',sNTS 5

IMPORT RESTRICTIONS, CUSTCJhS TARIFFS AHD illCPORT DUThS 36

BANKING AND CURrilirrCy 50

STATE TRADIi'fG 52

COU-lODITY I{;SlfS 53

NOTES ON bCONOMIC INTEGRATION IN AFRICA 58

wXCHAiWi, RAT.G S 62

M65--489

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E/CN.14/STC/FTN/13

FOREI:0RD .

The Foreign Tr2do Newsletter is prepared by the Tr~de Section of the ~conomic Commiss~on for Afric~.

The informcction publishod hQS been so f:~r almost ontiruly bas cd. on roports in nowspJ.pcrs ~nd pcriodicJ.ls; the secretJ.riQt cJ.nllot thurefor~

be .~osJ?onsible for in:J.ccurJ.cius or deficiencies. It is hoped thct it will bo increJ.singly possiblo to p~blish information received directly from member- countries, in pur suc.ncc of the r-cconrncndati.on of tho

Stc.nding Commi ttoc on TrCLdc at its first session t nat the socretccriat should be kopt informed on Q re5ulJ.r bJ.sis by individuJ.l AfricJ.n governments of signific~nt developments in trade Qnd payments.

This issue includes mQturiQl roccived from JUly to October 1965, inclusive.

Th~ geogrQphic~l nQmcs in the Newsletter do not imply endorsement or QcceptJ.nco by the United Nations.

ii

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E/C~.14/STC/FTN/13

DEYLLOPMBllTS AT A GLANCE

Afric<.1

Euz-opcun Dovelopment Fund finC1nces sevornl projects in the .... -._.._.- ...

nssocintod African States, p.

5-8

AID C1nnounoos severC11 gr~nts and lOQns to Afric~n StC1tcs, p.

8-9

AlgoriC1

Concludes C1grccment with Franco for exploitaticn of potroleum and gas . p. 9

Burundi

Introduces import centro 1 mcnsur-c s , p, 36 Cc,mcroun

Mobil Oil to explore for oil nnd bas, p. 10 Centrnl African Republic

Receives DM 4 n.i.Llⁱ on from West Germany, p , 10

Sig11S f'Lnunc i.a I convention for CFA F 60 million with Fremce, pill' 13rae1 to construct C1n industrial centro, p. 11

Opens global import quotas, p. 36- Cho,d

Obto,ins gr~nt of $3 million from Chin", p. 10 Congo (BrC1zzccville)

UK to providD credit of CFA F 1 milliard for bottle and pulp fC1ctory, p. 11

Opons global import quotas, p. 36 Congo (Loopoldville)

Concludes tr~de agreement with Spain, p. 1 Obtains loan frcm~icst Ger-many, p , 12 Introducos new import regulations, p. 37

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E/CN.14/STC!FTU/13

DClhomQ:Y

Receives CFA F 18 million from iiest aormClny, p. 12 ':;J.st AfricCl

ObtClins loan of ~38 million from IBRD, p. 12

UK lends ~ 3.15 mi~lion for purchQse of di0sel locomotivos.

Ethiopia

.. 2 million intorcst'-fl eo. loan from UK, p; .. 13

India pcr-tLc.ipctos in a woollon ^t cxti.Lc. mill, p. 13

Obt~ins long-term crodit of $Eth. 13.2 million, p. 13-14 New import regulations, p. 37

aClbon

Opuns global import quotas, p, 37

Adopts the Brussels Nomencl~turc, p. 38 GhQno.

liClter-supply scheme for Aahcnti .province undertCll!:cm,p. 14 Concludes credit agreement with EClst GormClUY, p. 14

UNSF providos C 761,000 for sciontific rosonrch, p. 15

Announces mOClsures to prot~ct lOCCll oloaginous industry, p. 38 Ivory COClst

.c;st~blishes Ltetory for manuf'o.ctu r-o of juto bags , p. 15 Rccoi,vos Loan of CFA F 416 million from US, p. 15

Prohibi ts imports of c,)rtClin products, p , 38 KunyCl

EstClblishos three factories for procossing toCl, p."16 US to supply 25,000 tons ef whoJ.t, p. 16

Introduces new import restrictions, p. 38-41

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S/CN.14/STC/FTU!13

Liberia

IBRD dtcrlds loan of ~l million, p , 16

AID gr::ints long-term loan of ",7.2 million, p. 17 Libya

Introduc0scurrency chango, p , 50

Obtu.ins loan of FMC 424.7 million from Franco, p , 17 Rccci ve s $204,000 ^Loan from, ^{Lsz-ac L,} ^{p ,}

1.7

Rccci vos technicc,l,ass1st8.i1cefro~ UNSP fOIl scvernl projccts, p , 18-19 Malawi

Becomes a member of IBRD, I~~, IFC u.nd IDA, p. 19 New shoe f'lctory undcr construction, p. 20

MQli

Receives 'cconomic aid from several Dountries, p. 20-21 Increc1ses ccr-t ain apo ci.aL import taxes, p. 41·

l'·'inurita.nia

Implements decision of WACU, p. 42 Opens global import, quotas, ,p.,42

~;orocco

RcnOvffi trado ~grccm0nts with soveral countries, p. 1-3 Reocivus DM 20 million loan from West Gcrm'lny, p. 21

Receives loan of $24 8illion from ~xport-Import Bank, p. 22 World Bank approves _loa~ of $10 million, p. 21

Obtains credit of ~ll million from IDA, p. 21

bodifies export duties o.nd taxes ,on winos and s~irits, p. 43 Announces chanees in customs duties, p. 43

Cr0o.tus State trQding Qgoney, ,p. 52

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0!CN.14!STC!FTN!13

niger

Concludes ugrccmcnt to est~blish Q ~ 30 million iron and steol industry, p, 22

Obtains finunce from consortium of five British banks-~nd tho

B~nk of fuontroul, p. 23

Canada to spond ~ 58,000 for mapparig" Bonin City, p , 23 Bstablishos Q ... 1.9· million oho coLato factory, p , 23

Gcrm~n firm to construct socond bridge to link Lagos Island with tho m~inl~nd, p. 23

IBRD ~pprovos two louristot~lling $32 million, p. 24 Ro-opcns tho Nortox textile mill, p. 24

8st~blishGS u ... 2 million motor ~ssembly, p. 25

PoLand to o s t.ab Li ah fccctorics in lLstorn NigoriQ, p. 25 Concludes Q ~ 1.45 million cont r-ac.t wit.h British firm, p , 25 Receives ... 2.7 million lOQn from UK, ~nd grQnt of ~ 525,000 for oducQtion project, p. 25-26

Forms Q poultry-r~ising company? p.' 26

Concludes contract for construction of saw-mill, p. 26

RQcciVGS gr~nt from Ford ?oundation, p. 26 AID to make UVQil~blc ~ 5,1 million, p. 27 SturtSQ cotton mill, p. 27

bstQblishos a mill for manufucturo of livestock foeds, p. 27 Iiltroduces new import restrictions, p. 44-46

Senegal

Receivos credit of CFA F 384.4 million from France, p. 28 Receives grunts ~nd loans from US, p. 28

Announces eupp Lcmcntur-y quotcs , p. 46-47 Increases the import turnover tux, p. 46

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E/CN.14!STC!FTN!13

Sierra Leone

Receives $ 2 million aid from C4ina, p. 28

Concludes contract with German firm for road construction, p. 29 Establishes new oanning faotory, p. 29

Establishes a diamond-cutting industry, p. 29 Establishes par value for the leone, p.

50

Sudan

Ohtains $ 10 million from Czechoslovakia, p. 30

Italy provides technical assistance on scientific matters, p. 30 Obtains $S

5

million loan from Kuwait, p. 30

Sweden to finance water supply scheme, p. 30 Tanzania

New textile mill to be constructed, p , 30-31 Establishes a sisal spinning mill, p. 31

Receives k

7i

million interest-free loan from UK, p. 32 AID to give loan of $ 140,OGO, p. 32

Introduces new import restriGtions, p. 48 Export Wlty on sisal amended, p. 48

Creates new commercial bank, p. 50

First textile mill in operation, p. 32

Receives financial aid from France and United States, p. 32-33 Increases the fiscal import charge on several products, p. 49 Tunisia

Conoludes two oapital assistance agreements with West Germany, p. 33 Receives loan of $

6.75

million from US, p. 33

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Ugando.

R~ccivos gifts and loans totalling ~ 9 mil: _on, p. 34 UK grants!. 6 million· interoct-froe Loan , p , 34

ltitroducQs additional import regulo.tions, p. 49

~st~blishos :J. national b~nk, p. 51 United Arab Ropublic

Concludes tro.de agrouments with Czechoslovakia, Sierra Leone and Sudan, p. 3-4

Obtains credit of $30 million from France, p. 34 Upper Volt!}

Roqu0sts $15 million lo~n from Japan, p. 34 Hest African Customs Union

Modifios import duties on certain goods, p.

49

Becomes ^0. member of IBRD, I~~, IFC wnd IDA, p. 35

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E/CN.14/STC!FTN/13

TRADE AGREJ>Iili:NTS Congo (Loopoldville) - Spain

A trade agree mont and a technical and financial co-operation agrcement were concluded on 7 June 1965 betweon the Domocratic Republic of the Congo ahdSpdn.

-'-4.'hcr'trn;d~"agreement, which is valid for ono year, appLd c s the OECD liberaliz<ltion system to Congolese goods imported into Spain and authorizes

,~ayment

in

cpnvortible currenoies. Congolese exports to Spain will include timber, cofI~p, tea, rubber, palm oil, cepper, zinc, tin, manganeso and other ^or-cs ;

Among goods listed for export from Spain to Congo are fish (dry and s4~tod), virfous presorvos, foodstuffs, salt, wool and cotton toxtiles, man- made fibros, ready-made; clothing, shoes, electric8-1 oquipmont, chemical and pharmaceutical products, textile and agricultural m<lchinery, machino tools and other m<lchinory <lnd metal manuf<lctured products •

-. .ThQ...ctcilihUic8-1 and financial co-copoz-cti on agreemont provides for SpaniSh assist<lnco in Congo's development plan.

(Board of Tr,,-de Journal, London, 30/7/65) M.orocco

Country Signc:: in Ronowed as of

Validity Remar-ks

Austria 1958 1/4/65 1 yeo.r

BcrioLux 1958 1/7/65 1 yoeJ,r

Donmark 1961 1/7/65 1 yccilr

E • .Germany 1964

*

3 years

*

Moroccan Bulletin Official of 4/6/65, published details of this ngroem0nt as it applios foi-the ye<lr ending 7/8/66.

Finlilnd 1964 1/6/65 1 Yo<lr

QU0tas remain unchanged Quotas remain unchanged Quotas remain unc~anged

Quotas slightly changed and th0 values arc incrc~sod in a number of cases.

Q,lotas r-cmni n unchanged]

only in ~ few CQses ~rc

valuos givon.

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E/CN.14/STC/FTN/13

PClgC" 2·

Country Signud in Renewed Validity

as of

.Hungary 1962 11/8/65 ^unt^r ^L

31/12/66

RGIDecrks This is xu additioL~l

protocol to tho 1962

agz-ccmcrrt ,

korocc~n exPorts: fish meal, cGnn0d sardines, ,vegetable fibros, coro~ls

plywood,cork, :phosphates, oil cak0S and iron ore.

Iridi.a Jc.pan

Pak'i.et ari

1962 1961

1962

3/8/65 .24/12/64

20/4/65

1 yoc,r 1 YCL1r

1 year

Hungnrian exports': ^l;100-

tric"-l goods, tcxtilc:s, industrial and .agricultura:

mQchinc:ry, sunflower oil, seods,opticul instrum~n,8

and chomicCll products.

Quotas romain unchanged.

Q,uotcc vaIuo s .rr-c only

giV0U for J~p~n0sc exports.

"Moroccan oxports: phos- .phQtc8 Qnd other minerals,

cork, olivo oil and 08- 80ntiQl oils, ph~rmacou

tical products, cotton, lorries, fruit juices, wines ~nd p~ssongur o~rs.

J<.;,.pa.nusc cXPi:Y1"-t-s-~ tc a ,

.fishing nets and twine,

~ domestic sewing ma c hi.nc s ,

~ptical instruIDc:nts, dry . bCltterics of under 10 volts

Clnd photogrClphic c~uip

mont.

QuotQS remain unchanged but no ~uota valueD "ro

-. gi.vcn , ,)

1961 1/5/65 ¹ ^yoar ^QuaLes rum<1in unchc..ngcd.

19-58----,...

l7/4/65

^{1. y'car} ^{. QuQtc;s} :ro~<'i,ip unchanged.

PoopLo

I"

¹⁹⁶³

Ro:public of China

Portugal

WIll··

3^0/3/65 ¹ ^yen

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country Yugoslavia

';.

Sigwod in 1961

Renewed

as of 7/2/6

5

E/CN.14/STC/FTN/13 Pag" 3

1 Y0ar Moroccan \..l.x:ports~ simil2.r to previous years and in- cludo a fow incrc~scs in quota VQIUl:s ,

Yugoslav exports, iron and steel piping,tolceom- munication c qu Lpmcnt , spare p~rts for domestic apparatus, timber, hops and plate glnss.

(Board of Trade Journal, London,

20/8/65, 17/9/65, 24/9/65

and

22/10/65)

United Arab Republic - Czechoslovakia

A long-tcrm trad0 agreement was ooncluded on 10 July 1965 b~tweon tho United Arab RcpubLa c and Czcchos Lovak.iu , Under the agz-ocmcnt , which providcs

for an incre~sc in thc exchange cf gocds, CZDchoslovukia will import from the UAR cotton, yarn, food and textilo products and other goods, and in return will export machinery, rollod material and other industrial and

COnSUIn0r goods.

(Board of Trade Journal, Lendon,

24/9/65)

United Arab Republic - Siorra Loono

Two agroomonts, one on trade 2nd thc othcr cultural, wore concludcd on 8 July

1965

bGtwecn the United Arab Republic and Sicrra LconG.

Under tho trado ;::,grcomcnt, tho UAR will lmport iron are, bC1uxite, coco;::"

coffeo, adible oils, sesame and spices. Sierra Leonc imports will include cotton textiles, road bUilding oquipment, rico, onions, pctatces, rafrig0ra- tors and g~s cook~rs.

The cultural agreoment covers thu oxch~ngo of scientific and cultural material and informaticn. Also, the UAR is to supply te;::,chors for Siorra Loonc ,

(Board of Trado Journal, Lmldon,

24/9/65)

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E!CN.14!STC!FTN!lJ Pago 4

Uni ted Arab Republic - Sudan..

A new trade agreement waS announced in Soptembor to sup~rsode the bi Lat cr-c.L i1groclil2nt between the UAR and SUd:n;'- cc:;ncludocCi.nJ,,,ntlClrY1.965.

The volumo of trado is to be push~d upwurds . J the valu~ of ~ 25 million a year (total both sides) •

•OWing. to .the.shortage of moat, Egypt hus been drC1wing an increasing quantity of cGttle from the Sudan, C1S well ^J,S maizo and other grains, hides and' skins. Tho Sudun is importing .; mixed list of mcnuf'ac'tu.rcd products, mc:inly t.cxti Lcs , YC1rn rend cement, but also f'ootwour , books and tyrvs ,in' "ddiiio'n t o sugcfr-; rrcc" Tlnd fresh--1'=it.--

The Jonuury'ngrcoment hud coveered thee period from FcbruQry 1965 to J:mua'ry 1966, o.nd had specified ,., t otu L trC1dc tClrget of ;l,S 5 million each way. Tho ti.mc sp:m for the pre§ent :[gr.e.cmont is n()t.1<:n0wn~_.._.__ .

(Economist Intc11ibcnco Unit Quarteerly Raviaw, London, Ootober 1965)

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E!CN.14!STC!FTN!13 Po.ga

5

EXTERNAL ASSISTAl\fCE, CRJ>DITS AND Il'lVSSThr;NTS Africa - EEC

Botwean July and October, 1965, the EE~ ~ommission h~s o.pprovod the f LnancLng- by non-c-o'pcyab'Lc grants of aov.ir-aL programmes endorsod by thee Committee of the European Devclopmont Fund (EDF) , as follows:

Cameroon $547,000 for ()quipm~nt of hOCllth s~rvicos in the Northern Cameroon o.nd supervision of works. Undor this social investment proJoct, equipment will bee suppliod for threo hospitals, four medical contres dnd 22 ruro.~dispcnso.ries being built in three dcpo.rtmonts of East Co.meroun with funds from tho first EDF.

$6,076,490 te help Cameroun's Coooo. Price Stabili- zation F~nd to ovcrcoma the serious fino.ncio.l difficulties it has been 0zperiepciXl:g as ^0. rx.suLt

--._.-.•.^_.~...

__

._-- ...

_---

of th() fall of coooa prices in tho world mo.rkot and to mc:.inte:.in the groworls price of 50 CFA F per kg. It is a short-tcrD ~dvo.nco, and this is the first time tho.t the EDF ho.s boon called on undor Articla 17(4) of the Yo.ounde Convention to provido Qid for prica sto.bilization.

Centro.l African Rep. $1,191,000 to ~st~blish or rc-orgGnizo 14 o.gri-

cultur~l co-opGrativcs.

~608,OOO for xhc creation of ^0. cGttlu-f~ttening

fGrm. Tha aim will ba to improve both the

quant Lty and qur.Li,ty of fresh mu"t ^and. also to aSSure c. regular supply to the capit;::,l, with ^0.

market at stablc pricGs.

Chad $648,000 for a new pho.rmaccutical supply depot.

.lt225,000 for the wetter supply of Fort-wmy.

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",TC

/PT;r

/13 hege 6

Afric~ - EEC (cont'd) Congc (Br~zz~villo)

","

Congo (Loopoldville;)

Do.hom0Y

$1,398,000 for tho cre;~tion of two stock- rc.ising Lorms in the Nic.ri Ve-llo;y,- This is _.

di versificc.tion ?roj~ct, baaed on the import of tryp~no-rosistont c~ttle. Breoding of those

c~ttle on two sp"ciC11izod fC1rms will gr~duc-lly

mC1ko it possibl" to cover the country's ne;ed for fresh meC1t C1nd to supply breoding CQttlc for the

r~r~l development progrC1mmes, combining crop improvement with stock-ro~ring.

$1,661,000 for completion of C1 main dz-cinagc systom.

$932,000 for supply of ro~d-buildingequipment for the Lmpr-ovcmont and c.::.intuncLncu of r-oads in th" Congo basin and the B~teke plc-te~ux.

$2,680,000 for tho _N~tionol School of Law and AdministrC1tion to tQko about 600 students.

$680,000 for repc-ir of country roc.ds in the

bc.nan~ region of Moyombo. The rebuilding of tho roc.d network in this region will help the programme of b~nC1nc. production (Which is also bci.ng f'Ln.mccd by the EEC .inc. involves 3,000 ha , of now pl~ntations).

~2;094,OOO for sinking 275 wells to supply drinking wctor.

$354,000 for survey of tho Agonvy p~lm pl~ntction,

wi th tho ai m of introducing the cul tivation of seleoted oil pc.lms in tho Agonvy C1roa (some 6,OOOh".).

$263;000 for tochnic~l surveys of·· tho Port of Ovando

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Afric~ - BEC (cont'd) Ivory Coast

/{Ullagusy ROj?ubli.c

MCLuritaniu.

Niger

E/CN.14/STC/FTN/13 Page 7' .

$2,001,000 for construction of a new wharf in tho fishing port of Abidj~n.

$8,552,00~!or tho first annual instalment of aid to production, covering coffoe, pepper, rice and cotton.

$1,742,000 for the completion of the Andapa-East Coast r-oc.d and the br-oakwator at Morondo.vo..

$3,079,000 for the improvement of the .Far11fo.ngo.no,~Vang,dndro.no.road.

$'600,000 for the extunsion of Saint-GQbriel Collage at Mo.junga.

$766,000 forthaconstruotion of tho Institute forHu=n Biology at Bamako s This projoot will holp'mect ·Mdli's ..p,e"ds for:biological resoarch and' pz-oduc'ti on of vaccine.

$1,195~'oOOQSfirst insto.lmunt of Clid to production.

$162,000 for survey of watur supply in Bccmako.

$1,134,000 fOJ? tho.completion of tho fishing port at Port Etid~e.

$3,281,000 for h~al,!;h_'sC!.J:'Y:i:c:e.JJ!~o~:r:.'1.!JU!l.c,-sin Nigor, including tho modernization and enlargemont of tho Niamoy and Zinder hospitals, the creation or modornizcction of several dispensarios and mobile hygieno and ID0dicQ,1 c<.;ntrus.:·" ,-... _.__.-

$749,000 to construct a school for voterin~ry

issistcmts arid nssis·tun-t broederS in Niam0Y.

$1,025,000 for development of cotton growing in Eastern S0n8gGl and Haut o Cas.o.ma.noe.· TUs divorsi- ficQtion progra.mme aims at providing for industrial use of ^cC crop other than groundnuts and at progr0s- sively meoting tho needs of Senegnloso toxtilu industries for fibres.

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E/CN.14/STC/FTN/13 P,,-ge 8

Afric~ - EDC (cont'd)

Som~liQ

Uppur Volta.

Upper Volta, Mali and Ivory. CO<:1st

$1,657,OQO for oonstruction_.?f three school bUildings inHQrgheisa, G"lcaio and Mog~disbu.

::1991 ,000 as a first c::i:ll:sta.lro'::tl::t.. 9:f a~d to production, covering groundnuts, cotton, coffeo and coconut pa.lms.

tl,013,000 to construct the Lome-Tscvie roa.d.

$960,000 for'the devCllopment of the Yatl;nga. aroa..

$734,000 f'or- <:1 c ampai.gri agG-inst human onchoeer-

ci~~~s, on0 of tho most s0xious 0ndomic disc~sus

~ffecting m~inly those three countries.

Cameroon

Tbo Congo (Leopoldville) and Som~liG- programml;s G-re finG-need under the first EDF.· 'I'ho resources of the first EDF, _·~581.25 million, have now been fully committed to 384 projpcts. Aftl;r the decisions of the EEC Committee of 14 October 1965, G-pproving the schemes endorsed by the LDF Committee at its 11tb meeting, the totG-l oommitments of tbe second EDF, since it startud

·opora.tions in July 1964, amounted to s-omc.~168.

7

million for 83 projects.

\ Marcbes Tropicciux, Pnris, 7/8/65 "tid 4/9/65; Intorno.tional FinQUcial _N~ws Survey, Washington,. 10/9/65; and _~EC Pruss R010a.S0, Bru.ss c Ls , 28/7/65, August 1965 and 14/10/65'0')--- Africa. - Unitud St~tus

'I'hc .United St.:ctes Age-ncy for Int",rnationCll Dcvc Lcpmcn t (AID) has

"nnounced tho f(lllowing .gr~nts ~nd lo~ns:

$3.2 million loan to belp the construction of ^a highWG-y.

Congo (Leopoldville) $15 million lOG-n to _fin~nce imports of United

St~tcs commodities.

Guinea. ~'1.8 million grG-nt for t0cbniciilamn:sto.nce to its n~tioh~l ~irlinG.

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Afric~ - United St"tes (conttd) ^1,-

E/CN.l4/STC/FTN/l3 P"gc 9

Guine~ (cont~~J .

Mc,l~g~sy Republic Tunisia

$1 million Loan to:·fincmcc procurement in the United St~tes of ~irline equipment ~nd hccng"rs.

$2.7 million lo~n for railro~d improvemonts.

$10 million lo~n to finance imports.

$6.75 million loan to fin~nce equipment ~nd

services for highw~y mainton~nce ~nd moderniz~

tion.

(International _Fin~nci~l News Survey, W"shington, 13/8/65;

USIS fulletin, Addis Ababa , 5/10/65.) Algeria ~France

"-

..

^,"

After long negotiations, Algeri~ ~nd France concluded on 23 July a now ~greement for the exploitation of the rich S"h~r~ deposits of petroleum and natur~l g~s. Details of the new ~greoment have not yet been published, but its general lines indic~te that, in return for gu"r~nteeingtheexisting position of the French oil companies, Algeria will bencfit from larger

royaltics and t~xes,·from an incrcase in its direct shc,re in thc cxpLoz-ation and oxp I oi tutd on of its petroleum and natural gas deposits,' 'end from continued French fin~ncial and technical assist~ncc. Algeri~ls sharc from royalties and tc~es will increase by stages from 50 per ccnt to 55 per cent of petroleum earnings, and will be based on ~ gu~r~nteed price instead of on a m~rket

price, which will incre[Cse Algerian revenues. Moreover, the petroleum

dcpletion ~llowc.nce will be, supprus&cd '-,ndthe r-at o of ~mortiz:1t;i.on Towered, which will increase revcnucs still further.

Algcri~ls p~rticip~ti6nin the sharc capit~l of S.N. Rvpal - ono of the largest Fronch pctrolcum produoing compani.s - will inorc~sc to 50 per oent. ~xploration and exploit~tionof any new petroleum deposits will be jointly undc r takcn by the Algeri::m and French Governments. Algeri~ will undcr-t.iko the transportation and ma.rkcti.ng of the bulk of the output of

no. turo.L gas , Locv i.ng the produc·ing companies ^Q specified snar-e for their own ^US0.

(19)

E/CN.14/STC/FTN/13 Page 10

Algeria - _Fr~ (cont'd)

Algeriui p nlsopromiscd a pr,ogramme of aa.d fr'om, Fr:tnQ<LtcOtalling F 2 billion ($400 million) oVer fiVe yo:trs; 75 per cent of this will _b~

providod CJ.,s20-yec.r loans ut 3 pcr c ont interest, and the r-crra Lndc r will be given us grunts. This aid will be utili~ed mainly to promote Algerian industry; as part of it, a now petroleum'training contre willbo opened

".to truin Algurian tcchna cdunc ,

(Inkrn<.1tional Fananc i.c I News Survey, liccshington, 6/8/65.) Cameroon

Mobil Oil is to explore for cil' and g<.1S in the offshore arca of Cameroon. The contract covurs a four-Ywcc.r pe-riod ufter which three renuwals can be mc.dc , 0C1ch for four yeurs. $]..5 million will be

invested durihg each pariod.

The Rupublic of China will gr:tnt $3 million to Ch:td over thu next five yeCtrs. One-third of this as aa stnncc will be dovot cd to construction in Fort-L(1m~, and the remainder to projvcts in ugriculture und industry and to the financing of technical c.s s Lstnnc o ,

(Intornatio;lal Finai1cic"l _N~ws Survey, lkshington1 10/9/65)

C~ntr(11 African R0public - F0d. Rep. of Germany

Thu lkst German Government has :1greed to make avui Lab Lc a loan of DM 4 million to the Centro.l Africun Republic. Th0 loan will be used te finance investments in sm:tll- andmedium-si~edenterprises. It is re-

,., 1

payable over ⁽¹ period of eight y0c.rs, afh.r 0. 2~ y~urgrace pcr-i od ,

Furrthcr, the G"rm:;n Oonet.ructd on Bank has accorded a cr-cdi t of, DM 4

lDi,llion to hc Lp build an oil and aoc.p factory.Th" Ocrm"n firm Krupp will install this complex project using local oil s ccde , gz-oundnuts , ootton-seed,

(Hest Afric:J., London, 18/9/65; _~lc,rchcs Tropicaux, hris, 28/8/65)

(20)

E/CN.14/STC/FTN/13 P"g0 11

C0ntr~1 Afric~n R0public - Fr"nc0

A fino.ncictlconyGj'ltion conccz-nd.ng " Loan of CFAF 60 million wo.s

sLgncd, on 23 August 1965, b0twc.e-n thG Cc n t.ruL African Re-public ^.md, Frc.nce.

Out of this tot,"1, CFAF 48 million is oarmo.rked for the- cons~~ction ~nd

fitting out of o.dmini~trGtiv0buildings, "nd CFAF 12 million for pGrticipo.- tion in t.ho sutting up of an industrio.l plantation in tho Mbcdki rogion.

(Marche-s Tropicaux, Po.ris, 28/8/65) C0ntro.l African Republic Isro.ol

Undor the- torms of o.n agruument concluded betwoon the Cuntro.l African Republic and, l:sro.e-l, tho liltt0r is to construct em industrir:.l ccntz-c com- prising four f"ctorios for the Production of tro.nsistor rr:.dios, locks, iron furniture o.nd hosi0ry. Thesu fo.ctorivs, to bG built o.t 0. cost of

$800,000, will commonco operc.tions in 1966.

(Afri~~,

Paris, 10/9/65; Afriquu Nouvvllo,

Do.k~r,

16-22/9/65) Congo (Brazzo.ville) - Unitvd Kingdom

A.British.,industrbl nu aei on visited Congo (Brcczzo.vi1l0) in Se;ptGmbor to study eI proJ,vct for t4e- instClllcLtion,of 'l bot t Lo factory J.t PoLrrtc Noi.ro and :1 pulp L,ctory :,t Loud.i.mc , Th~se projects eire to be fino.ncod by ^0. cr~dit of CFA F 4 millio.rd gro.ntod by tho Unitvd Kingdom.

'I'h., pulp f:lCtory is to produce 50 ,000 tons o.nn\l::,l).y:. B),jlipoo, pL:;nt,,- ti.ons 2re to be cre-o.ted for its ^US0, but it t~kes four yuo.rs for the- plo.nts to mo.tur0 whilo thv project might be in op~ro.tion in two yoo.rs. In the- ffi0antimc, the f2-ctory could u s., othur r;J.w.matc r-La Ls , ospGci:J.lly bag:'-;'$sc;

(0. residue of sugar cane), from tho sugar fOlctory 'lt Jo.cob.

Concvrning the; bottle faotory, production is forGs0en o.t 12,000 tons o.nnually, withpossiblo expansion. Thustudy for this pro~eot is complutud, and t.h.. fewtory could be rc:cdy to start opcrc.tions C1t tho end of 1966.

(MiCrohus TropiciIuX, Paris, 30/10/65)

(21)

E/CN.14/STC/FTN/13 Pccge 12

Congo (kopoldviUd - Fed. Rep. ofOvrmctny_

Suppliers'credits of more thunD~ 10 million were promised by the Federal Republic of Germany to the Congo. It has ~lso been unnouncod that

tnc

Germ"n Reconstruction Lonn Corpor~tion h~s entered into" credit ugreement of Dh 3.7 million with the Congoleso Government for the purpose of reconstructing two bridgcs. This new ussist2.nce would bring toDM 33.7 million thv tot~l of fin"nciul ~id pr~vided since 1962 by Germ~ny to tho Republic of the Congo.

The Congoleso au t.hor-L ties h~v,,~r()qtibstodtli~t the~ part of th"financiCll Clssistc,nco 0cirmark"d for imports of or.pi,ta L equipment 2,nd not utilized be us"d for imports ,of consumer goods. Pruvious Gurmansuppliers' crudits to the Congo c:1rri"d " m"turity of 5-8 yeo.rs, with _rep~ymont beginning three ye=s '~fter u'ti Laza^ti.on ,

(Inturnati onal, FincmoiC11 N"ws Survey, Hashington, 24/9/65) Dcchomoy - Fed. Rep. of GormClny

'I'ho Wust Ger-man Ambaaeado.r in DahoIIic~y-li:is':put'CL'f tliO-a.is:p~osi1r of the Oovcr-nmont of Dahomey the l~st'instc,lmvntof 450 tons ofchomical fortiliz"r valued at CFA ]' 12 million, and fishing mat cr-LaI va Iucd. a t CFA F 6 million.

(Industries et TrC1vcLUx d 'Ou tre-mer, Peris, Sc.ptcmbor, 1965) EC1st Arrico. - IBRD

Th" Eccst Afric"'n Rc,ilwCly" Clnd HClrbours AdministrCltion has ec cur-cd :::

10::1n of ~38 million from the World BGnk to help it finance its programme of mcdurnizc,tion and (,xpcmsion. Tho Administration op0'rcttes railwrcy linus surving Konya , Ug t.ndu and T"nzc,nia, roCtd trc,nsport and Lake trims port scr-vi.coc , and Iridd cn Occ.an ipor-t.s whichcLar .thD, entire OV0rscC';s trade of Ctll throe countries. The lOCln is for ~ term of 30 years Cln~ b,,~rs

interest ~t 5t p~r cont por annum.

(Bcmk for Lnt.cz-nntaonaL Sott Lcmcnte , Bae Lc, 4/:'9165)

(22)

E/CN.14/STC!~TN/13 Pccgo 13

East Afric" - Uni kd Kingdom

Undcr '10 agreement signed on 4 August 1965' the·'·Jlt'.i tis.lJ Govcz-nmorrt is to l~nd up to ~ 3.15 million to th0 E~st 'African Common Services

Authority for, the purchc.se from Britain 6f diesel locomotives by thc Eccst Afri'can RClilwccys and Hru-bouz-s Administration. 'rho Loan will be for 20 yUl1rs, including ^il grace period of five years.

(African World, London, Septumbur, 1965) Ethiopia - India

A modern woollun t0xtile mill, Gthiopia's first, will be Sut up in Addis Ababa to m"nuf"cturc; fabrics, cc.rpets, bl"nkcts, dress goods and cloth for uniforms.

Thu proj~ct envis"ges the so~ting up of ~n integrccted woollun mill in three phaec.ss :c we ,wine, plint 'fo 'pr-oduce one million yards of wooll~n

f~brics; i.l. spinning pl~nt; i.l.nd i.l. combing p12nt. Subse~ucntly, it is projected to i.l.dd n woollc;n chc;micnl pli.l.nt producing lanoline,wool gre"se i.l.nd wool fi.l.tty aci~s.

Indi"'s pi.l.rticipi.l.tion in the c"piti.l.l structuro of the projuct will bu on '" 50'50 bc:u;;is, in the s hr.pc

ot;

supply of ^nrich'i.noz-y and cqui pmcnt re- quired for the mill.

(Afro-AsiQn Economic Review, C"iro, September, 1965) Ethiopia - United Kingdom

Agre~m~nt has been renched reg"rding i.l. ~ 2 million loan by the British Government to ~thiopia, announced in principle in April 1964. Th~ loan is to be interest-frue Gnd repayable over i.l. 20-yei.l.r period.

(The Financial Tim~s, London, 7/10/65) Ethiopii.l. - Unitud St"tc;s

An agre~ment undc;r which Ethiopia will receive 8,700 tons of cotton has bcc;n concludcd b~twc;en tho Govornmonts of Ethiopia and tho United Stc.tus.

(23)

E/CN~l4!STC/FTN/l3

Page

14~

Ethiopia - Unitod St~tos (cont'd)

'tInder tho agreemont tho United States Government grants Ethiopia long-term credits of Eth;$ 13.2 million, at 2t por cent interest, for purchQse of

8,700

tons' of cotton ovor the next two years. This figurc represents

50

per cent of'EthiopiCl1s requirements over the period~

Ghana - E~st Gcrmuny

Gh~na hCls concluded an agreement with the East Germ;n-Qovcrnment for the provision of ^b. orDdit cqui.vc.Lorrt to C17~2 minion to fimtlCo the construction of a papor factory and sQw-mill; This credit, cClrrying an interost of 2t per cent, is repayable over a l2-yoQ± poriod~

(Marches Tropicaux, Paris,

4/9/65)

·A syndicate of banks consisting of the Westminster Bank, Lloyds BClnk and the BClnk of Scotl~nd hCls beon ",rrClngod, under'the mClnClgement of

Exporters' Rcf'Lnancc Cor-poz-c.t a on , to provide f i.nancc for a mG,jor wCltor

.s~pply scheme in the AshClnti Provinee of GhanCl, eosting over ~

3.5

million. The scheme is being cClrricd out for the Oh~n~ Government by Cl consortium of British compClnics.

Aimed Clt Clugmenting GhanQ's existing wQtor supplios and prcviding for futuro population growth, tho project invo1V€lF·tho oGn€trectiQfi~ofa dam and roservoir on~the Ofin River at Kum~sil c~pClblo of supplying 48 million gallons po~ day, and of spocial wator treatment works both Clt KumClsi Clnd on the cOClst. ;:>tSekondi-TClkor::di.

The members of tho syndicato arc grcmting sevon yc:ars^t credit for

65

per cent of th~ contract value, which is tho proportion to be ~~id

under dcferred terms.

(Tho FinClnoial Times, London,

11/10/65)

(24)

E/CN;14/~TC/FTN/13 Pag« 15· .

GhQ,na - United NQ,tions Speoial Ful,d

Tho Government of Ghana has eonoluded an agroem0nt with the United Ncctions Special Fund

a~d

FAD, under the krms of' which these two organiza- tions ·arc to ·collarlorato in c::rrying out app li.cdresearch programmes con- curmang tho ()onservo.tion, pr-cscr-vr.ti on and distribution of food products.

,

.' ....

The Ghana Government will provide laboratorios,reseo.rch material and pursonnel, at the eest of C2,290,000. The United Nations Speoial Fund wi.llcontribiite C761,000; The FAO is the organ ch.::.rgod with the

oxocuf Lonief the programme, and t;ill· also grant a certain number of ,.

schclarships to Ghanaian nationals. ^{. 1} ^J^~

(!larches 'I'r-opd.caux , Paris, 4/9/65f Indus-tries et Travaux d'Outz-o-nc r , Paris, Octobor, 1965)

Ivory Coast

A textile factory of the Societe Filatures Tissagu - Sacs de C~tc

d'Ivoire (filtisac) is boil}g built in Abidjan, .for completion in Septumb"r 1966. ~9p'al estimated Lnvca tmorrt is CFA F 700 million., with a 20 per cent participation by the Ivory Coast Government,.and tho balanoe provided by foreign capital. ;

The factory, to employ some 650 people, will be manufacturing jute bags for coffeo, cocoa, palm kernels and othor Ivorian agricultural prodLlcts. The annLlal production of bags is ostimated at 5.5 million.

Similar factories havo boon ostablishod by the same financial group in Congo (Loopoldville), Uganda and Tanzania.

(Marchos Tropicaux, Paris, 18/9/65) .'

~vory Cohst -United Stat0s

Tho Unitod States has put 31 motorgradors at tho disposal of the African. Industrial Equipment Company, forming part of tho United Statos loan to the Ivory Coast covoring 129 pi"cos of equipment valuod at CFA F 416 million. This loan, which will be spread over 30 yoars, is repayable in 40 yoars, aftor a lO-year graco por~6d.

(25)

E/CN~,14/STC/FTN/13 Page 16

Kenya

Agreements wer~ signed on 29 July 1965 for the construction of thre~

. , -',

factories, at a total cost of ... 360,000, for processing tea grown by

African,sm~llholderf:J.rmers in Kericho, Kisii :J.nd Kiriny:J.go districts~

The projects are a joint v~nture of thv Comrnonw~althDevelopment Corpora- tion, the Kenya. Tea Development Authority, Jcemes Finlay &Co~, Ltd.,

George Williamson Afric:J. Ltd., and the Kenya. Government;

I t is expected that by the first ha Lf of, 1966 the three new factories will begin manufacturo, making a t.ota.l of s~ factories in oporation out of a planned total of seventeen;

(Ovorseas Review"London, ~eptember 1965),

Tho Government of Kenya and the United States are to sign an agreement for the supply of 25,000 tons of' Americc.nwheat'worth ... SlO,OOOon a long-torm low interest basis, as a further moasure to alloviate the present famine conditions. Gifts of ... 5,000 each have' been received from Ethiopia and China for famine relief. Whilst relief moa.suros are proceeding smoothly, there is some concern over the report that Kenya's.current ma.ize c,op is 50 pOr cent. b~low the annual average due to laek of rain.

(Overseas Review, London, October 1965) Liberia - lBRD

The World Bank has approved ~n increase of ~l million in :J. loa.n of $3.25 million it made to Liberia in J:J.nuary 1964 (see FTNL N~. ⁷ &8, p. 20) to fin:J.nce tho construction of two new road.s_and improved ma;i.n:

ten:J.nce over the country's entire road system. One of tho new roads will open up a promising area in ,restorn Liberia to forest and farm

~ ~ . . I

production; the other is the section of tho road bet,roon Monrovia. and Roburtsfiold.

(Tho Financia+ Times, London, 19/8/65)

(26)

E/CN;14/STC/FTN/13 p",ge 17

Liberia - United St~tes

Tho United St"tes, through its Agency for Interncctional Dovclopment (AID), has gr~nted o. long-term Loan of $-7.2 million to the Likrian Government for construotion of ~ modern sew~go systom for'Monrovia;

Tho funds will be usod by tho Lib<cri~n I'Ll.blic.UXilitic:s Authority to provido ongine<cring and oonstruction contracts and meet training and

'-'-

managcmcrrt costs. Mdn-f':i6iiTtios of the system will inc~udo a 6 million gallon per d:J.y sewag<c tro~tmvnt and disposal plant, inoluding pumping

oquipmont','lab~ratory,

work shops, garagy ",nd office

bu~l~ng.

In addition, the

proj~ct

calls for tho Lying of

moret~;n

35 miles of intc;rceptor

sewors and laterals, construction of somo 500 man-holos ~nd sewer connoxions to Qbout 5,000 houses. The project is expoctod to bo completed in two

y:JD.re.

(USIS News Bulletin, Addis AbQbQ, 19/10/65) Malagasy Republic - Frnnco

Tho Mc"lagocsy Republic oono Ludcd on 21 October 1965 an agr-ccmcrrt with Fro.ncc, under >Thich the FAC is to _ext~nd ^:l. loan of FMG 424,700,000 for the r-or.Li.zrrti on of projects in the field of agriculture, public woz-ke , mining a)')dsoci,,-l projocts. The. total, amount allotted by tho Fonds

d'aide at Cooperation towards theso projocts hos reached FMG 2,150,650,000 during the current year. (For other loans soo FTNL No. 12, p. 26).

(M"-I'ches Tropicaux, Paris, 30/10/65)

An agroom~nt w,,-s concludod on

6

Soptember 1965 botwosn ~he Malagasy Ropublic o.nd Isro.el under which the lo.tter is to m:J.ke o.vo.ilable a lo~n of

$204,000, which will be used to finance part of the COGt of construction of the Gro.nd Hotel of Madagascar.

(27)

E!CN.14!STC!FTN!13 Page 18

McchgiCSa.y Republic - Uni tvd NQ.tione Spvcia.1 Fund

The United Nc.tions Speci,.l Fund me givon as sd s t.ancc to the: Mc.1Q.gQ.sy Republic for several prejects, some in operation and othvrs in preparation, list\Jd below.

A. ProJccts in operation

Institut N~tional sUEerieur de recherche ,et de formation pedagogique

a

Tananarive. Period: 6 years (1963-1968).

Contributions: UNSF - $1,326,200; M:claga.sy Government $1,318,734.

Agvnt: UNESCO. Aim: to train sooondary, primQ.ry Clnd tcchnicCll college tCQ.churs.

Survey of minera.1 resources :cnd subterr:cneQ.n wa.ters. Period: 3 ye:crs.

Contributions, UNSF - $1,029,370; t:alQ.gasy Government - $553,918.

Agunt: United Nations Technioal Assist~ncc Board. Aim: to evalua.te tho min~rQ.l rusourCLS a.nd subtcrr~n0an water rCSQurC0S of a region in southern Ma.d:tgascccr.

Ncctional Institute of Posts :tnd Telecommunications. Period:

5

^ye:trs.

Contributions: UNSF - $762,000; Ma.lagClsy Government - $7,692,165.

Agent: International Tclecommunic:ttions Union (ITU).

R:cilWQ.Y studicc. Period: 1 year. Contributions: UNSF - $369,700;

MGlagasy Govcrnment - $151,100. Agent: United Nations T,-,ohnical Assistance Bo:'.rd, assisted by :'. privQ.to compClny (Stu. Borca - BecekCl). Aim: to cQ.rry out studios concerning the ra.ilway line of tho cClst-central rogion of

B. Projects in prcp~ration

Agricultural study of a typicQ.l ClrOQ in the _E~st Coast (FarQgQnganCl).

(Projoct 2pprovod by UNSF in Juno 1965). Period' 4 YOQrs. Ccntributions:

UNSF - $1,073,000; MGlagasy Government $436,000. Agent: Food and Agricultural OrganizQtion (FAO). Aim: to formulQto for the whole region

~ programme of rural dovolopment integrated with increClsod production, divorsification of produotion and ~ polioy of systomatio colonization of onsily exp1oita.blc lQnd. Also to undortQku pilot-operQtions Qnd training of personnel to roplQce UNSF experts.

(28)

E/CN.14/STC/FTN/13 Pngc 19

C. Proju~ts under studY

(,,) Creation of an expurimental centre for improvement of fruits and vegetables. This project "ims at incre"sing the production and improving the qunlity of fruits and vegetables in Madagascar through reso"rch "nd by using otner varieties to produce new ones. P~riod: 8 ye"rs. Agunt: FAO.

(b) Forest inv~ntory. To study th~ structure "nd ecological composi- tion of the forest, the prospective yield, and to el"borate a programme of forust research. A study on wood transport, the s::11u ::1nd development of'the uses of forest resources will also be undertaken. Puriod: 5 ye2rs. UNSF contribution: $600,000.

(c) In~tit~te of applied resoarch. It aims at promoting applied rosearch in the field of industrial technology ::1nd scientific organizution of industrial enterprises. Period: 5 yu"rs.

UNSF contrlbution ~550,OOO. Agent: UNESCO.

(d) Port opcrations. A study related princip~lly to se:J.rch for' bC1uxite "nd othur miner"l products of the island.

(e) W"ter purification for Tan"narive. A study concorning this project has ::11roady boon undertaken by :J. French cornp~y. Also an export from the Uorld Henlth Org:J.nization (UHO) is ooking Cl study of wnter purification and the possibility of establishing

" fertilizer fClctory using household refuse.

(f) DcvcLopmcnt of unergy rx.aour-coe in Mc,dagccscar.

(g) Development centro for co-opcr"tives.

(Industries ct Travaux d'Outre-mor, P~ris, October 1965 - pClge 838)

On 19 July 1965, MaLwi bc cnmc :J. member of tho International Bank for Reconstruction and Dovelopment (IBRD), tho Internation"l Monet~ry

Fund (IMF) ,tho IntcrncctionQ.l Fincmce Corporation (IFC) and the Inter- n:J.tionQ.l Development Association (IDA).

(29)

E/CN.14/STC!FT~!13 P"ge 20

Malm'i' s C~"OtC1 j_n tho HlF is Ul.25 milliog.; .. _:J;.:!;:§!ilJ,Uo.a6:ripfion 'to the cc.pftal stock O:L t~;o LDRD 150 chez-co ",-ith a tota.l pG.;r;_ vaIuo of $15 million;

its subacz-Lpti.on to the. cr.p.i t"l stock of H'C ;jp83.,000,,-,nd its subscription to tho rGSc''J''JOS c:[' IDA $760,000.

Mc1.1"wi

- - -

Ba ta Sh00 CD, (J.lccbwi) Ltd. , i s tc oroct c. now fC1ctpry in Bbntyrc wi th annua.L ycoo.·J.ction of 200,000 pc.Lr-s of p Last i c ahcc.s ,

'I'hrco 2,ti'!'oc~n'ol1ts ^WGrc ^signod ^bet.woqn thu Governments of M<-1.1i and . Chirlo.

'bn i

S~;'t~~bo.·,:,.

rI'hc o.,g:;':C:Ci..1?::-.1:s -:pJ:'ov.ido for ;tho bua.Ld.Ing in M~1.1i" 'with Chinese t0chnicu.l no Lp , of ^t: 200--1:i Lotcat t sbor-t.-wavo r-ada o trilnsmi tting eto,^tLon , " 1 ,300-soi'- t cinem", an~ " 31~~o~' ffioLcl. ChinOl will be;"r throo~fourths of tho cost of ^th0SC pr6j~c~s"

(Inte-"",,':.io;oCll Fin:mci';'l' NC1fS Survey, ,/a,s!)'ington, 22/10/65)

The GOVC.1'C1r.Jcr-L of E~.st Germany IDS undertakon. to install a factory for knittin{; ur::.dc·ri'Tc;'J.:r:';i s o cke . otc , , in MGli.

(Intcrnati~,~l F~nClnciOll N~ws Survey, W~shington, 6/8/65) Mali - ^FI'.:1'.'1^(;1..;

---_.~_. ~---..., ,-

Undor "id ac~coments wlth Mc:.li signod on 2 Juno, Fr"n~ h~s undertClken to provide finaCiciCl1 ~s3istQnce Olmounting to MF 208.5 million.

"-

Tho purpose of -elle agr-ccmcnte is to e;st::blish a pz-ogr-ammo for tho modcrn.Lzc>- tion of :J.griculturc; in the Upper Nige;r v,,'iley (~lF 100 million) and to provide

}

the f i.nanc i.a I mVl!1S (]vlF 10805 millio:,) for the .11.cquisi tion of two Locomot ivoe

i_ ~ c

(12,000 hOl-scpc1wr c.ach ) :1l1~. rolling stock for the M::liQn rClilw,,-ys.

(Intcrn"'i0DCll FinanciC11 Nows Survcy, lbshington, 6/8/65)

(30)

E/CN~14/SrC/FTN/13

Pege 21 .

Meli - Isreel

An agreement between Mali and Israel ~s been recently eoncluded to co-operete in the use of solar energy.

(Intornational Financial News Survey, Washington,

6/8/65)

Mali - United Stetes

In July, the United States Agency for International Developm$nt . agreed to make aveilable

5,000

tons of sorghum and

8,000

tons of wheat flour as immediate aid for the present shortage ef cereals in Mali.

(International Financial News Survey, Washi~ton,

6/8/65)

Morocco - Fed. Rep. of Germany

The Cermen Federal Republic has aLroed to make a loan of DM 20 million to the Moroccan Government.

The lOQn will be supplied by a consortium of German banks, at a low interest rate, and will bo fully guaranteed by the Government.

(Afro-Asian Economic Review, Cairo, September

1965)

Morocco - IBRD

The World Bank has approved a loan equivalent to

$10

million to finance an agricultural credit project in Morocco. Two Unitsd~ta~es' banks have ::tgreei' to particip::tte, without the lIorld Bank's guc.rantee, for a total amount of

$150,000.

The object cf the programme is to enable farmer~ to mc.intain and increase production on farms under mechanized intensive agriCUltUre, and to ~acilitate the modernization and improvement of farms operated by traditional methods.

(USIS News Bulletin, Addis Ababa ,

5/10/65)

Morocco IDA

The International D.ovelopment Association, an affiliate of the liorld Bank, has approved a credit equiv~lcnt to

$11

million to help Morocco build and equip 21 second",ry schools.

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E/GN.14/STG/FTN/13 Fuge 22

'rho schools will offer b"nerccl and sp~ciclized cuucc tdon "nde-:tir.o.ining to some 30,OlO students when the project is completcd in 1968. This represents ne:trlyono-third of the totul incrouse in secondury.school enrolment onv.i^sr.god in Mor-occo 's three-ye"r dove lopmen t pLan whieh \lent into operution ,:t;his yeur.

(USIS l'TeWEJ Bulletin, Addio Ababcc, 19/10/65) Morocco - United St~tes

The Export-Import J3m1.k has c.ccordcd a loan of~24 million to the Orrice oherifion des phosphutes. The purpose of the loun is to finunce the purch~se of Amori¢~n equipment, which will be used for the new phospho: te mine c.t ],leruC1 El Arech.

(}!lurches Tropicuux, Paris, 30/10/65) Niger - Fed. Rep. of Germuny

The Fedcr-a L Repubd i,c of Gormany has ugreod to gra.nt the Nigor Republic a long-term credit of DJ.! 10 million te 'fLnunco projects which will bring drinking wuter to Ni0.mey und cleven communities

±rt

Western

Nigor.

(Host Uric,", London, 25/9/65) Niger - IBRD

The Horld Bank "nnounced on 23 August 1965 that it will participate in finnncing studies cOilccrni~g ro~d devcloprn0nt ~nd m~inton~nco projects in Uiger. 'I'ho Bcnk , which will contribute ",84,000 in fcr0ign currency, intends to 8ntrust tho BuroQu central d'etudos pour lcs oquipmouts d'cutre-mer (BCEOM) with thooxccution of those projects.

(]~rchos Tropic~ux, P2ris, 28/8/65) Uigoria

The NiGori0.n Govcr-nment v.md C1 :British, Ameri.can e+nd \fest Gorm:m consortium have signod a ~reliminC1ry QgreeIDont t~ estC1blish ~ ~ 30 million iron und stoel industry. The site of tho futurQcomplex will

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E/CN.14/STC/?TN/13 Pc,ge 23

be decided after dotc:iled surveys have boon completed: two possible locations aro Idda in the Ncrthern Region and Onitsha' in tho Ecostern Region. Final agreement on tho share of the consortium in the project will also be worked out at a later date.

(Afric", P"ris, 24/8/65 J,nd OversoJ,s Review, London, September 1965) NigeriiJ.

Arrangements have been finalized for the construction of two700-foot steel and concreto road bridges at Sapelo, ~s part of a major development 'scheme linking Bonin and the oil part of Warri.

FiniJ.nce is being provided by iJ. consortium of five British banks J,nd the Bank of MontreJ,l.

(Overseas Review, London, September 1965)

The Government' of Canada is to spend",r. 58,000 -'for tho mrpping of Benin, the capi tal of the J'lid-\'i8stern -Region, under the Canadirm teohniciJ.l assistccnce progr~rr@e.

(Overse,,-s Revi.nf, London, September 1965) Nigeria. - Fed. Rop. of GerIDJ.ny

The West German firm Cutirtho Caro and Cie has concluded a.n agreement with the Nigerian Government to build at Ikeja, a chocol~te fJ,ctory at a 'cost of ~ 1.9 million. This factory will troiJ.t J,nnually 30,00Q tons of

cocoa be::ns. It will commence operations in 1966 and will export cocoa bu ttor and chocoLztc to Great Britain ..nd the United Ste.tos.

(Industries et Trav:ux d'Outro-mer, PCLris, Soptember 1965) Nigeria - Fed. Rop. of GermCLny

The cont rcct for th.. building of" the second bridge to link Lagoe island with the ma InLind has be en J,wccrdod to tho firm of Julius Berger A.S. of Wiesb3den.

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E/CN.14/STC/~TN/13 Page 24 .

The \Jest Germ~n Government is providing G loan of up to ~ 6.3 million for this project. Under the GGreement tenders were open to Germ~n firms only. The NigeriGn Government p~s contributed some ~ 2 mill~en to the scheme to cover the cest of l~nd Ge~uisitienGnd resettlements.

(Overseas Review, London, September 1965) NigeriG - IBRll

The \forld BGnk h~s Gppreved two lo;}ns to Nigeri~, totGlling $32 million for road building projects.

The first 10C\ll of. ;ii;17. 5 million will aae i.et in finGncing two four-lane highwGys serving the port nro;} of L<1gos. The second 10Qn of ~14.5

million will be used for the improvement of 95 miles of roads in Western NigeriG Qnd for oQuipment Gnd services to improve rOGd maintonQnco

opcrGticns in thnt region.

The lOGns are for G term of 25 yoO-rs, with interest at.~perc"nt

per Qnnum. RepQ~0nt will stGrt on 15 JonuGry 1971.

The project in the L"gos port c.r-oa sheuld r-eLacvo acute trQff"ic

congestion C1nd fGcilitato the movoment of motor trGffic to Gnd from ApQpa whGrves. Tho wh::rvos, which haridLe G Lcre;c porticn of Nigoria 's foroign trGde, Gre being oxpQnded with tho Gssict"nco of Gn eGrlicr World BQnk 10<1n (soo FTNL No.4, p. 18)

Both loans include funds for consult2nts' services. Four commorci~l

banks will p"rticip:lto in the $17.5 million lo::n,without the Bc.nk^ts guar-arrt ee , for G ^tot.iI amount .of ;ii;475 ,000. This sum represents GIl of tho first me,turi ty .rnd. pert of the next four rna turi tios which fGll duo between l?JGnuGry 1971 Gnd 15 Jenu~ry 1973.

(West Afr~cG, London, 2/10/65) Nigeria - IndiG

It has been announced tho,t~rr~ngemontshave been completed for the re-opening of tho Nortex toxtile mill, which WGS gutted by fire e~rlier this YoQ.r.

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E/CN.14/STC/?TN/13 Pc-ge 25

It is undorstood thc;t Birla Brothers of Tndi.c he,:""" agreed to provide export m.mugcz-Lc.L .ind tcchni cc.I "suist'~;nee to the Nortex Company;

(Overseas Reyiew, London, September 1965) Nigoria. Jc:.pQ..n

A ~ 2 million J"p~nese motor "ssembly plant is to be est~blished in Port H~reourt. This h:ls been c.Dllouneed by Intra Motors (Nigeri~) Limited who ~rc Qgcnts for J~pnncso Dctsun cnrs in Nigori~.

(Overscc.s Review, London, September 1965) Nigeria - Poland

An agreement for est~blishingindustries in E~stern Nigeria is reported betweon EQstern Nigeria and a Polish economic mission. It would include a

sug~r combine, ~n cn~melwQre f~ctory nnd cottngo'industrios. PolQnd is to send ^C1 tc.im of experts to conduot feasibility studies.

A br-oad ngreement has also been r-oichod about exports from .8c-stGrn NigeriQ to Poland. PoLm products, rubber, rice .md crude oil ar-o among products discuscod for cxport e to Po Land in cxchungc for industrinl

pl~nts ~nd equipmGnt.

(West Africn, London, 25/9/65) Nigerin - United Kingdom

The ~~stcrn Nigori~n Govornment h~s signed ~ ~ 1.45 million contr2ct with c. British firm of consulting engineers to cnrry out c. study of tho Region's rond network progr2mme.

(West Africa, London, 18/9/65) Nigerin - United Kingdom

The United Kingdom has acoorded n lonn of ~ 2.7 million to Nigeric. to help tho re21izntion of its second progrnrnme in telecommunicQtion projects.

(Industries et TrcLV2ux d^IOutre-mer, Pc.ris, September 1965)

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E!CN.14!srC!FTN!13 Pc.be 26

Nigcric. - United Kingdom

'I'ho United Kingdom mad.o i1 grcmt of ..

525,000

to the WJid-i/est Government for thc construction of i1 teehnic~l collego i1t Auchi. This grant dorivQC from tho ovo.r-c.Ll. .. 5 million cppz-ovcd in 1962 for educc:tion proJ0ctc in Nigcric., to cover projocts ^.iLao <It Owerri and Enugu in the E",s.t,LK"duna, Zc.ria and Kano in the North, end possibly c.t Ife in the Wost.

(Ovurscas Review, London, Septombor

1965)

Nigeria - Unitod Kingdom

A poultry-rc.ising compc.ny hc.s been formed c.t Abc., with a capc.city of 24,000 eggs c. lwek and c. aa Los teorget of over 300,000 chicks <l_oY()[1:r.!

This is a Joint vonture between Nigeric.n <lnd British interosts.

(Overseas Review, London, September

1965)

Nigeri<l - United St<ltos

The E:::storn Nigericen Govurnment h"s reoontly concluded ^Cl contrC1ct with C:cl"bClT Veneer ,-,nd.Plywood Co. Lod., cen :lffilia.tecof the Amoric"n Plywood Cor-por-e.ti on , for tho oonstruction of _c. sc:,,-mill, .ccst ang .. 800,000,

(Industries et Trc:vaux d^tOutr-c-mcr-, Pr.ri.s , Sc.p-toraboz-

1965)

Nigeric. - United Stc.tes

Thu Ford Fou~d<1tion h~s mc.de Cl grc.nt of $173,000 to the Institute of InternC1tionCll Aff:1irsto support its pr ogz-o.mmo of z-eaoaz-oh, oonf'cr-cric o s and seminars, epccau I lectures :~nd lib,rc.ry services.

Two other gr:mts have been .iLso iccnnounced. The Min i.stry of Economic P'Lannang of tho Government of Northern Nigeria is to rccui vo ~380,000

to help develop C1 credit i,~titution to promotosmClll-sc~loprivate·

industries.

Also, thc Federal Ihnistry of "duc,," tion will rocei ve $410,000 'for

tho improvement of technioal education in: ,Nigori'-1 over <.1. period of .3 ycc.rs.

(Oversoas Review, London, September and October

1965).

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E/CN.14/STC/FTJ/13 Pc,go27

Nigori~ - United St~tGS

AloQn ~gr8o~cnt tot~11ing ~ 5.1 million h~s beGn concluded botween Nigerh and tho United States Agency for Intern2tion"1 Dcvc Lopmcnt for vccriou.s oducuti ona L, iOgric'J.lturCll r.nd highw<cy pr-ojo c^ts ,

rhe agrcement providus:

~ 1.4 million for construction of four new tu~cher-trnining

collegos 0nd expansion of v(,rious other collegos in Northorn NigGri~;

.:..1

~ million for oxp.msi cn of Umudikc Agrioultur~1 Cuntro in Kccstorn NigcrL;

... 2.7 million for construction of a 65-milo ho,::vy-duty r-oad be^two en Port H~rcourt unO. Umuuzeala in EQstern Nigeri".

(Ovcrseas Review, London, Octobor 1965) NigoriCl - United Stcctes

Ab~ Textile ~tills Ltd., who went into productien Inte l2st ye~r with printing and. finishing mills, nave now stC1rted " co^t tcn mill which Le using Northcrn Nig~riancotton.

The controlling interest is ownod by Iridi an Hoad lliills Inc , , "

Uni tcd St::ttos company , with the Government of Ecestorn Nibori~ h~vingCl subst~hti~linvostment.

(OversoCls Review, London, September 1965)

It is roported that Q mill for the mcnuf'c.ctuz-o of live-stock feeds with Cl c~p~city of milling cend mixing up to 4 tons of feed cen hour, and using Northorn Nigeriun grown inGredients, h:ls beon established ~t

Kadun.i by " company belonging to the Pfizer Intern"tion~l.gr.Qup•.

(Gvorse::ts Review, London, Scptembor 1965)

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E/CN.14/STC/FTN/13 Page 28

Two fino.ncial oonvcntions WQJ:'e signed on 19 August 1965 bGtwoon the Republic of Senego.l o.nd FJ:'2nec, ~ndcr which Sencgo.l is to receive FAC credits toto.lling' CFA F384,450,000. The first covers CFA F 59,450,000 to finO-nce o.gricultuJ:'o.l studies, ecnstructicn ef Q bridge on the Do.ko.r- Rufisque ro.il-lino, o.nd ~ mcbile l~bor~tory for servicos connected, with co.ttle-J:'coising.

The second cJ:'edit of CFA F 325 million will bo used foJ:' the improvement of the telephono system in SonegO-l. The loo.ns o.re foJ:' ^0. torm of 15 y~<~rs, o.t an intorest recte of 3 por cent. Rop.iymcnt will stcort "ftor

(1 fi vc-yc"r greece period.

(Marches Tropico.ux, P~ris, 28/8/65; Industries et TJ:'~vo.ux d'OutJ:'e-moJ:', PaJ:'is, SoptembuJ:' 1965)

Senogo.l - United Sto.tes

The: Wcrld ?cstiv"l "of Negro Art which will be held in Son6g::n-in ApJ:'ilwi 11 benefit from an Clgrecm~nt signed between tho represenketi vos of tho two Govornmunts. A 10Qn o.greement providing for establishment

of ^{v o o n t}i ^{o n o L} tr.:--:.ining c c r r t ' rc e w:..:,s ^{. L s}^o signud.

Under thu teJ:'ms of tho first o.gJ:'ccment, the United Stectcs will provide ^0. 20-motre excursion bo~t for use betwoen Do.kcr Clnd the islund of Goz-c o , site of the ~'estivccl. Also Lnc Iu d.rd :,re '" nine-p:wsongGr at.c.t Lcn wJ.gon ~nd four film pr-ojc c't or-s , Tho second ccgrccmont, providos ec l02n of $1.3 million for oonstruction ~nd equipping of five regionul vocntional centres.

(USIS News Bulletin, Addis _Ab~b~,

5/10/65)

SiorrQ Loono - ChinQ (Tc,.iwan),

A now co-operation ~greemont h(Cs been concludod between Sierra Leone nnd tho Ropublic of Chin~. Under the terms of the cgreoment, tho lutter will provide Siorra Leone with ~id Qmounting to $2 million during 0. poriod of 5 yeurs to develop Qgricultur~l production. A modGl villago ~nd ~n

~griculturO-loconomist trQining cl:css will be set up by 4 to~ms to bo disp"tchod by Chin:" in the nuC1r futuro.

(Ovorsoas Roviow, London, September 1965)