Société Générale allocates € 4 billion to develop its activities in Africa by 2016
The French bank Société Générale will allocate 4 billion euros of additional capital to accelerate the development of its activities in Africa by 2016, reports […]
Business
Ecobank Cameroon lends Camair Co 30 billion CFA francs
The Cameroon subsidiary of the banking group Ecobank has been committed by the Cameroon Airlines Corporation (Camair Co), public airline, to mobilize in consortium with […]
Tunisia: “Monsieur Energie” program will create 25,000 jobs
The Trustee Council of Tunisia in collaboration with the National Agency for employment and self-employment prepares the realization of an energy program that will generate […]
BOAD grants short-term refinancing line to Coris Bank International
The West Africa Development Bank represented by its Chairman Mr. Christian and Idrissa NASSA, CEO of Coris Bank International (CBI), have signed an agreement after […]
Tanzania: National Microfinance Bank income of 2014 up $ 82,560,000
Supported by a strong increase in its interest income, National Microfinance Bank, one of the banks listed on the Dar es Salaam Stock Exchange, the […]
Ghana: Abengoa launches the first water desalination plant in West Africa
In Ghana, the Spanish company Abengoa SA has installed the first water desalination plant in West Africa. The infrastructure, inaugurated by Ghanaian President John Dramani […]
Kenya: Wrigley invests $ 63 million in a manufacturing plant of chewing gum
The US manufacturer of chewing gum Wrigley is building a plant worth $ 63 million in Kenya. Described by Martin Radvin, the president of the […]
Africa: Republic Bank to settle it headquarter in Accra
Republic Bank Ltd has informed the Ghanaian financial press that its offer to acquire a majority stake of 50.1% in the month in House Finance […]
West-Africa: Bolloré to support the construction of the railway from Cotonou to Niamey
The governments of Benin and Niger have signed a final agreement for the construction of the railway line linking the port of Cotonou to Niamey, […]
Garissa attack: Kenya suspends the licenses of 13 money transfer companies
The Kenyan government has suspended the licenses of 13 companies to transfer funds following the recent massacre of 148 people by an Islamist commando at […]