Business – Page 132 – Medafrica Times

The Egyptian Billionaire Naguib Sawiris soon Euronews Boss

March 6, 2015 Steven Addamah 0

Naguib Sawiris is in advanced talks with the Lyon-based news channel in a deal estimated at 35 million euros. Egyptian moneybag Nagui Sawiri, known as […]

South Africa: Foschini wants to triple its number of stores in sub-Saharan Africa by 2020

March 5, 2015 Khalid Al Mouahidi 0

The South African brand of ready-to-wear Foschini Group Ltd has announced on the 3rd March, its plans to nearly triple its number of stores in […]

South Africa: Barclays Africa has reached 9.2 million customers

March 5, 2015 Khalid Al Mouahidi 0

The group Barclays Africa (ABSA) has published its results for the year of 2014, which showed that the number of its customers in the period […]

LeapFrog invests $ 25 million in Africa Finance Business

March 5, 2015 Khalid Al Mouahidi 0

LeapFrog Investments, the private equity firm with a focus on Africa and Asia, has announced on February 26th, in a statement that it has acquired […]

Tunisia: Gafsa phosphate gets a facility of $ 17 million from Amen Bank and BIAT

February 28, 2015 Khalid Al Mouahidi 0

The Tunisia Company of Phosphates Gasfa (CPG) has reached an agreement with the bank groups Amen Bank and BIAT to obtain a facility of 33 […]

Egypt: Alstom wins two contracts of € 80 million from Cairo metro

February 28, 2015 Khalid Al Mouahidi 0

The French Company Alstom has announced on February 27th, in a statement, that the company has signed two contracts with Egypt’s National Authority for Tunnels […]

Egypt : L’Oréal opens its first factory to serve Africa and the Middle East

February 26, 2015 Khalid Al Mouahidi 0

The French company and world leader in cosmetics, L’Oreal has inaugurated on February 17th, its first factory in Egypt that will serve as platform for […]

Kenya: Kenyatta announced the construction of a second sea port

February 26, 2015 Khalid Al Mouahidi 0

Kenya will begin next month the construction of the Lamu Port-South Sudan-Ethiopia Transport (LAPSSET), the second seaport of the country, at a cost of two […]

Zimbabwe: Delta Beverages to increases production of Chibuku beer

February 25, 2015 Khalid Al Mouahidi 0

Zimbabwe Exchange-listed Delta Beverages is investing $11 million towards the upgrading of its Chibuku plant in Bulawayo, which is expected to be operational by May […]