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Business

Cameroon: To invest 10Bln CFA francs in livestock sector

April 28, 2015 Khalid Al Mouahidi 0

In Cameroon, the livestock sector will soon benefit from preservation and transformation equipment through funding of 10 billion CFA francs obtained from Spanish investors visiting […]

Orange Tunisia condemned for illegal business practice

April 27, 2015 Khalid Al Mouahidi 0

The mobile operator Orange Tunisie was sentenced to pay a sum of 30,000 dinars (about 15,000 dollars) to the National Telecommunications for illegal business practice. […]

Nigeria: Presco has invested over 1Bln in 10 years

April 27, 2015 Khalid Al Mouahidi 0

Last ten years, the investments of the Presco Oil Palm Plc in Nigeria have crossed the billion dollars. In an interview with This Day, Pierre […]

Fitch expects solid growth for African banks

April 27, 2015 Khalid Al Mouahidi 0

The British rating agency, Fitch Ratings estimated on April 23rd in a statement that the growth of banks in sub-Saharan Africa is expected to remain […]

Côte d’Ivoire: IDB to issue $ 600 million sukuk

April 27, 2015 Khalid Al Mouahidi 0

The Islamic Corporation for the Development of the Private Sector (ICD), a subsidiary of the Islamic Development Bank (IDB) has announced on April 23rd to […]

Tanzania: METL Group to invest $ 250 million in Africa

April 27, 2015 Khalid Al Mouahidi 0

Mohammed Enterprises Tanzania Ltd (METL Group) is planning to invest $ 250 million in Africa in order to benefit from the growth of the middle […]

Egypt: EFG-Hermes to increase its capital

April 22, 2015 Khalid Al Mouahidi 0

The Egyptian investment bank EFG-Hermes has announced on April 20th in a statement that it would launch a capital increment of 391.83 million Egyptian pounds. […]

Nigeria: Wema Bank’s pre-tax profit rises 4% in Q1 2015

April 22, 2015 Khalid Al Mouahidi 0

The Nigerian bank Wema Bank has announced on April 22nd, in a statement, a pre-tax profit of 615.28 million naira ($ 3 million) in the […]

Algeria’s deficit in the trade balance has reached $ 1.73 billion in 1Q 2015

April 22, 2015 Khalid Al Mouahidi 0

The trade balance of Algeria has recorded a deficit of $ 1.73 billion in the first quarter of 2015, against a surplus of $ 1.83 […]

Air Côte d’Ivoire to invest $ 69 million for two Bombardier Q400

April 22, 2015 Khalid Al Mouahidi 0

The Canadian aircraft manufacturer Bombardier has announced in a statement issued on the 13th April that Air Côte d’Ivoire, the national airline of the Republic […]

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  • Sudan’s Health System in Collapse After Three Years of War – MSF Warns
  • African Union Backs Ceasefire in US-Israel Conflict with Iran, Warns of Economic Strain on Continent
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  • Kenya Lodges Protest to UN Over Haiti Abuse Claims Report
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