Nigeria’s anti-graft agency arrests over 20 bankers for fraud
Just few days after Nigeria’s new president took office, the country’s anti-corruption agency accused top officials from the central bank of involvement in a multimillion-dollar […]
Articles by Khalid Al Mouahidi
Bob Geldof’s 8 Miles fund buys 42% stake in Ugandan bank
The private investment fund 8 Miles Fund launched in 2011 by the former British rock star, Bob Geldof, has completed the acquisition of 42% stake […]
Kenya: Foreign investors haul $51Mln out of Nairobi Securities Exchange
The Nairobi Securities Exchange has lost 6.75% of its value during the month of May 2015. According to official sources, foreign investors took out Sh1.5 […]
Afreximbank opens its Abidjan branch to boost regional integration
The African Export-Import Bank, Afreximbank, officially opened this week-end an office in Abidjan, its third branch in the continent after Harare (Zimbabwe) in 1997 and […]
Algeria: Avril to launch € 20 M animal nutritional unit
The leading player in the French vegetable oil and protein industry, Avril group, will open next June a unit of animal nutrition in Algeria in […]
Nigeria Energy Crisis: Only 5 of 23 Power Plants are Functional
Nigeria’s energy crisis deteriorated Monday, as the Nigerian Electricity Regulatory Commission (NERC), the government agency responsible for regulating operations in the electricity sector, reported that […]
Algeria’s energy efficiency program will generate $42 Billion profit
Algeria’s energy efficiency development program will help the country make a $ 42 billion profit by 2030. A statement released by the latest Council of […]
Ghana: the government expects 8 to 9% growth by 2017
Ghana’s economic growth is expected to rise 3.9% this year to about 8 to 9% in 2017, announced the Ghanaian Finance Minister Seth Terkper, early […]
Italian Security forces arrest a suspect linked with the Bardo attack in Tunis
Italian anti-terrorism forces near Milan, in Gaggiano arrested on Tuesday a 22 years old Moroccan national suspected as accomplice in Bardo attack which killed 22 […]
Madagascar: EIB grants € 300Mln for roads and electricity
The European Investment Bank (EIB) granted a loan of € 300 million to Madagascar for the rehabilitation of roads, power plants and other infrastructure, announced […]