The Spear Capital investment firm acquires 27% of the $ 6 million Zimbabwean Dendairy
The private investment firm, Spear Capital, based in South Africa and supported by the Scandinavian fund, has acquired a 27% stake in Dendairy, a company […]
Business
Royal Air Morocco and Qatar Airways to create a “bridge between Africa and Asia”
The Moroccan state Airways company Royal Air Morocco and Qatar Airways have signed on May 6th, a strategic commercial partnership agreement that will allow an […]
Nigeria : Aliko Dangote says still interested in buying Arsenal F.C
The Nigerian billionaire Aliko told on May 5th, the Bloomberg agency that he is planning to make a takeover offer of the London football club […]
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 […]
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 […]