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Business

East Africa: CFAO has announced a new joint venture with Porsche Holding Salzburg

February 21, 2015 Khalid Al Mouahidi 0

The French group CFAO has announced in a statement released on the 19th February, the creation of a joint venture to East Africa. This new […]

Cameroon: rising prices of alcoholic beverages

February 20, 2015 Khalid Al Mouahidi 0

The Cameroonian Ministers of Trade and Finance have increased the amounts of alcoholic beverages according to the reform of the specific excise duties contained in […]

Morocco: Attijariwafa Bank makes a profit of 5.2% in 2014

February 20, 2015 Khalid Al Mouahidi 0

The Moroccan banking group Attijariwafa Bank has announced on February 19th , 2015 that it have achieved a net profit attributable to shareholders of 4.4 […]

Togo to set up a single counter in the Autonomous Port of Lomé

February 19, 2015 Khalid Al Mouahidi 0

In July 2014, the single counter for foreign trade was initiated in the Autonomous Port of Lomé (PAL). To see the evolution that has been […]

Ghana: Surfline 4G LTE network restores service after two weeks interruption

February 18, 2015 Khalid Al Mouahidi 0

Ghana’s first 4G LTE network has restored services Monday after two week interruption due to a fire outbreak at the Data Centre of the company […]

Burkina Faso: SOFITEX reaches funding agreement of € 70 million

February 16, 2015 Khalid Al Mouahidi 0

Burkina Faso’s company of textile fibers (SOFITEX) continues to seek for funding on behalf of the new cotton season. The company has finalized on the […]

Togo will use its first 4G network in 2015

February 16, 2015 Khalid Al Mouahidi 0

After introducing the first 3G broadband network in Togo in 2010, the mobile phone company Togocel has announced this weekend the introduction of 4G network […]

Ethiopian Airlines to become the No.1 in Africa in 2015

February 11, 2015 Khalid Al Mouahidi 0

Ethiopian Airlines is planning a rapid expansion to become a leader in Africa in terms of passenger traffic; the “title” is already acquired in terms […]

Nigeria: Dangote plans to produce 950,000 tons of rice

February 11, 2015 Khalid Al Mouahidi 0

The multimillionaire and famous Nigerian business tycoons Aliko Dangote will invest in agriculture. After the announcement of the largest tomato processing unit of the continent […]

Kosmos Energy Finalizes Offshore Mauritania Farm-Out Agreement with Chevron Corporation

February 9, 2015 Khalid Al Mouahidi 0

Kosmos Energy, US oil and Gas Company based in New York has announced on the 4th February entering into a farm-out agreement with Chevron Mauritania […]

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