Côte d’Ivoire: The water Distribution agency has increase it’s net income
Société de Distribution des Eaux de Côte d’Ivoire (SODECI), saw its net profit increase in 2014 to 3.1 billion CFA francs, against only 2.4 billion […]
Business
Egypt: IFC to invest 1.2 to $ 2 billion in infrastructure and energy
The International Finance Corporation (IFC), a subsidiary of the World Bank in charge of the private sector, plans to invest 1.2 to $ 2 billion […]
Nigeria: Unity Bank made a pre-tax profit up 35.2% in Q1 2015
The Nigerian bank, Unity Bank has announced in a statement on 9th April that the institution has made a pre-tax profit of 4.26 billion naira […]
Mauritanian Sidi Ould Tah appointed new Director General of BADEA
The Mauritanian Minister of Economic Affairs and Development, Sidi Ould Tah was elected on the 7th April as General Director of the Arab Bank for […]
Morocco: GDP growth reached 4.4% in Q1 2015
The GDP of Morocco grew by 4.4% yoy at the end of the first quarter 2015, thanks to an increment of 12.3% of the agricultural […]
Marrakesh Hosts WTO 20th Anniversary Celebration
Marrakesh which had hosted in 1994 the birth ceremonies of the World Trade Organization is playing host this April 8-9 to a high-level conference, part […]
IMF reduces the debt of Guinea
The International Monetary Fund (IMF) has announced on March 26th, that the institution has reduced the debt of Guinea for 29.8 million. This was achieved […]
Zimbabwe : Telecel officials to discuss with the government
Since February, representatives of Telecel International (TI), are in Zimbabwe to discuss with the government on ways and means that could be implemented to prevent […]
Morocco: BMCE Bank to launch a branch in Shanghai
The Moroccan Foreign Trade Bank (BMCE Bank) has received the green light from the Chinese authorities to launch a branch in Shanghai, reports the Moroccan […]
Algeria: Nestlé launches a new processing plant
In Algeria, Nestlé has recently launched a new processing plant installed in the industrial area of Oued Smar. This new production line of Swiss agribusiness […]