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Business

Egypt: Bombardier and partners to build $ 1.5 billion monorail

May 5, 2015 Khalid Al Mouahidi 0

A consortium of Canadian industrial group Bombardier and Egyptian companies Arab Contractors and Orascom Construction will build a monorail near the Egyptian capital Cairo for […]

Ecobank Group recorded $ 84 million commissions from its ATMs in 2014

May 4, 2015 Khalid Al Mouahidi 0

The pan-African banking group Ecobank Transnational Incorporated has published on April 20th, its accounts for the year 2014, showing a profit before taxes of $ […]

Ethiopian Airlines begins Narita direct flights

May 4, 2015 Khalid Al Mouahidi 0

The Ethiopian Airlines has announced on the 29th April, the launch of its first direct flight between its hub in Addis Ababa and Tokyo’s Narita […]

TGV line to link Tunisia, Algeria and Morocco

May 4, 2015 Khalid Al Mouahidi 0

The project of a high speed train line (TGV) connecting the three central Maghreb countries will be started soon. Buried for ten years by Algerian […]

Chad gets $ 1.1Bln debt relief

May 4, 2015 Khalid Al Mouahidi 0

The International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) agreed that Chad has reached its completion point under the enhanced framework […]

Ivoirians import 30 Bln CFA francs of onions per year

April 28, 2015 Khalid Al Mouahidi 0

According to a recent report of the Ivorian government; the country’s national onion production covers only 5% of internal needs. This situation forced the country […]

Nigeria: FCMB gets the green light from its shareholders to rise $ 200M

April 28, 2015 Khalid Al Mouahidi 0

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 […]

Cameroon: To invest 10Bln CFA francs in livestock sector

April 28, 2015 Khalid Al Mouahidi 0

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

April 27, 2015 Khalid Al Mouahidi 0

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

April 27, 2015 Khalid Al Mouahidi 0

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 […]

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