Nigeria: Naira depreciation has cost nearly $ 10.3 billion to Aliko Dangote in 2014
Aliko Dangote, Africa’s richest man, is the biggest loser among Nigeria’s richest people as the Naira’s slump, coupled with the falling of stock prices and […]
Business
Algeria: Qatar Steel and Algerian Sider launch the construction of $ 2 billion steel plant
The Qatar Steel Company and the Algerian public group Sider launched on the 9th March in Jijel, a town located at about 300 km east […]
Moroccan textile industry is committed to create 90,000 jobs by 2020
The Moroccan textile industry is committed to create 90,000 jobs by 2020, according to the terms of a performance agreement signed at the end of […]
Morocco Teams Up with Gulf Investors to build New Mall
Morocco is planning to build a new shopping centre in its capital city of Rabat, near the Bouregreg River which is undergoing a facelift with […]
Togo has inaugurated a new Clinker plant
The Togolese Head of State, Faure Gnassingbé has conducted on Friday at Sika Condji, a village located about 90 km northeast of Lomé at the […]
Supreme Group to invest $ 500 million in Africa food industry
The Supreme Group will invest $ 500 million in equity investment in African SMEs involved in the food industry. This ambition began with the acquisition […]
Ivory Coast: the Port of San Pedro to raise $ 300 million with a road show
The management of the Ivorian port of San Pedro has announced on 5th March, that it will begin next April a road show in France […]
Mauritius: Seafood Hub Ltd and Princes Tuna to merge their Tuna activities
After signing in November 2014, agreements to merge their tuna activities, Seafood Hub Ltd (SHL) and Princes Tuna have receive the official green light to […]
Ivory Coast L’Oréal and CFAO sign partnership production and distribution
The French groups L’Oréal and CFAO have announced last weekend, the signing of a Memorandum of Understanding for the production and distribution of cosmetics in […]
Private equity transactions in Africa in 2014 has reached $ 8.1 billion
The total value of private equity transactions in Africa in 2014 has reached $ 8.1 billion, according to a report released earlier this week by […]