Nigeria: FCMB gets the green light from its shareholders to rise $ 200M
Shareholders of the Nigeria’s First City Monument Bank (FCMB), have marked last week, their agreement to the plan proposed by the leaders to mobilize 40 […]
Articles by Khalid Al Mouahidi
Cameroon: To invest 10Bln CFA francs in livestock sector
In Cameroon, the livestock sector will soon benefit from preservation and transformation equipment through funding of 10 billion CFA francs obtained from Spanish investors visiting […]
Orange Tunisia condemned for illegal business practice
The mobile operator Orange Tunisie was sentenced to pay a sum of 30,000 dinars (about 15,000 dollars) to the National Telecommunications for illegal business practice. […]
Nigeria: Presco has invested over 1Bln in 10 years
Last ten years, the investments of the Presco Oil Palm Plc in Nigeria have crossed the billion dollars. In an interview with This Day, Pierre […]
Fitch expects solid growth for African banks
The British rating agency, Fitch Ratings estimated on April 23rd in a statement that the growth of banks in sub-Saharan Africa is expected to remain […]
Côte d’Ivoire: IDB to issue $ 600 million sukuk
The Islamic Corporation for the Development of the Private Sector (ICD), a subsidiary of the Islamic Development Bank (IDB) has announced on April 23rd to […]
Tanzania: METL Group to invest $ 250 million in Africa
Mohammed Enterprises Tanzania Ltd (METL Group) is planning to invest $ 250 million in Africa in order to benefit from the growth of the middle […]
Libya won’t cooperate with EU on illegal migration, General Haftar
Khalifa Haftar, the head of the army under the command of the international recognized government based in Tobruk, has stressed that Libyan authorities will not […]
Egypt: Morsi and Co. sentenced, a more revolutionary Brotherhood being revived
Egypt’s first democratically elected president, Mohamed Morsi, who was later on ousted from power after a year by President Sisi has been sentenced by the […]
Egypt: EFG-Hermes to increase its capital
The Egyptian investment bank EFG-Hermes has announced on April 20th in a statement that it would launch a capital increment of 391.83 million Egyptian pounds. […]