Ivory Coast: Jumia opens 6 new branches
African e-commerce company Jumia has announced on the 20th March, in a statement, the opening of six branches in Ivory Coast in the cities of Yamoussoukro, […]
Articles by Khalid Al Mouahidi
ECOWAS: BOAD recorded a profit of 8.4 billion FCFA in 2014
The Board of Directors of the West African Development Bank (BOAD) held this week its 96th ordinary session chaired by Mr. Christian Adovelande, Chairman of […]
Cameroon: 3.2 Bln CFA to setup 10 new cocoa processing plants
The Cameroonian’s government is planning to double its annual capacity of cocoa processing. According to Reuters, the country wants to succeed in transforming locally around […]
DRC: $ 52 million from the World Bank to renovate Goma airport
The World Bank has announced on the 13th March, in a statement, that the institution has granted to the Democratic Republic of Congo an amount […]
Egypt: PepsiCo plans an investment of $ 500 million in 2015
The beverage manufacturer PepsiCo will be engaged more in Egypt. The company has indicated that it plans to invest $ 500 million in its Egyptian […]
Zambia plans to install 4,000 solar powered hammer mills
The Zambian government, in partnership with China, plans to install over 4,000 solar powered hammer mills nationally in a bid to curb rising mealy meal […]
Access Bank realized a pretax profit of $ 261 million in 2014
Nigeria’s Access Bank has announced in March 16th, to have realized a profit before tax of 52.02 billion naira ($ 261 million) in 2014, up […]
Nigeria: WB lends $175 Mln to GTBank for expansion
The International Finance Corporation (IFC), the private arm of the World Bank, has announced on March 17th, in a statement, the granting of a loan […]
Heineken and CFAO associated to a brewery project in Côte d’Ivoire
Heineken may soon install a brewery in Ivory-Coast. The information was published by the website Ivorian Connection, which evokes sources “knowledgeable,” according to its information, […]
Sub-Saharan Africa: AFD has spent 36.5% of its funding in 2014
The French Development Agency (AFD in French) has spent 36.5% of its funding to sub-Saharan Africa in 2014, according to the institution’s annual report published […]