Ghana: Government suspends the IPO of Agriculture Development Bank
While the trend in Africa is to increase the number of companies listed on the financial markets, the Government of Ghana, through its Ministry for […]
Business
Morocco: CFC Awarded Africa Economy Builders’ Grand Prize
Morocco’s financial center Casablanca Finance City was awarded the Africa Economy Builders’ Grand Prize for best financial center in recognition for its performance and contribution […]
Morocco: Indofood CBP Sukses Makmur plans to build an instant noodle factory
The Indonesian company Indofood CBP Sukses Makmur will invest $ 5 million in the installation of an instant noodle production plant in Morocco. The infrastructure […]
Egypt: Bombardier and partners to build $ 1.5 billion monorail
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
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
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
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
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
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
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 […]