Militants seized Libya oil fields at Bahi and Mabruk
Islamist militants have reportedly taken control of two oil fields in central Libya after fight with rival groups. Militants groups were able to win over […]
Articles by Khalid Al Mouahidi
South Africa: Foschini wants to triple its number of stores in sub-Saharan Africa by 2020
The South African brand of ready-to-wear Foschini Group Ltd has announced on the 3rd March, its plans to nearly triple its number of stores in […]
Senegal: Khartoum to share its Islamic Finance experience with Dakar
The government of Sudan is willing to deepen cooperation with Senegal in the field of Islamic finance, announced its ambassador to Dakar, Mohamed El Obeid […]
Egypt received $ 23 billion aid from the Gulf oil monarchies
The Investment Minister Salman Ashraf has announced on March 2nd that his country has received 23 billion dollars in aid from Saudi Arabia, UAE and […]
Sierra Leone: IMF provides a credit of $ 157 million
The International Monetary Fund (IMF) has announced on the 2nd March, that Sierra Leone has benefit for a credit in the amount of 157.39 million […]
Visa and Airtel to set up mobile payment in seven African countries
The telecom operator Bharti Airtel and Visa, American of payment solutions provider have announced on 2nd March in a joint statement, a partnership to offer […]
South Africa: Barclays Africa has reached 9.2 million customers
The group Barclays Africa (ABSA) has published its results for the year of 2014, which showed that the number of its customers in the period […]
DRC: The government announced an economic growth rate of 9.5% in 2014
The economy of the Democratic Republic of Congo has recorded a growth rate of 9.5% in 2014, one of the best performances since the country’s […]
Uganda: New cabinet team will not be regionally biased, PM Rugunda
Prime Minister, Dr. Ruhakana Rugunda of Uganda unveiled a new cabinet on Sunday but some members of the parliament are questioning the modalities used to […]
LeapFrog invests $ 25 million in Africa Finance Business
LeapFrog Investments, the private equity firm with a focus on Africa and Asia, has announced on February 26th, in a statement that it has acquired […]