BOAD grants short-term refinancing line to Coris Bank International
The West Africa Development Bank represented by its Chairman Mr. Christian and Idrissa NASSA, CEO of Coris Bank International (CBI), have signed an agreement after […]
Articles by Khalid Al Mouahidi
Tanzania: National Microfinance Bank income of 2014 up $ 82,560,000
Supported by a strong increase in its interest income, National Microfinance Bank, one of the banks listed on the Dar es Salaam Stock Exchange, the […]
Ghana: Abengoa launches the first water desalination plant in West Africa
In Ghana, the Spanish company Abengoa SA has installed the first water desalination plant in West Africa. The infrastructure, inaugurated by Ghanaian President John Dramani […]
DRC: UN, The illegal traffic of natural resources weighs $ 1.3 billion/year
The United Nations Environmental Programme said in a report that DR Congo, militarized international criminal groups are involved in large-scale trafficking of “ore, gold, wood, […]
South Africa: Ember provides $ 1 billion for the acquisition of 80% of the British Virgin Active
The South African Brait SE offers $ 1 billion to repurchase 80% of the British Virgin Active. The South African investment company has announced on […]
MALI : BOAD supports the creation of a new telecommunications network in Mali
Mr. Christian ADOVELANDE, President of the West African Development Bank (BOAD) and Apollinaire Compaore, President of the Board of Directors of Alpha Telecom Mali (Mali […]
Kenya: Wrigley invests $ 63 million in a manufacturing plant of chewing gum
The US manufacturer of chewing gum Wrigley is building a plant worth $ 63 million in Kenya. Described by Martin Radvin, the president of the […]
Africa: Republic Bank to settle it headquarter in Accra
Republic Bank Ltd has informed the Ghanaian financial press that its offer to acquire a majority stake of 50.1% in the month in House Finance […]
West-Africa: Bolloré to support the construction of the railway from Cotonou to Niamey
The governments of Benin and Niger have signed a final agreement for the construction of the railway line linking the port of Cotonou to Niamey, […]
Garissa attack: Kenya suspends the licenses of 13 money transfer companies
The Kenyan government has suspended the licenses of 13 companies to transfer funds following the recent massacre of 148 people by an Islamist commando at […]