Ecobank / SME financing was increased by $ 280 million between 2013 and 2014
The volume of assistance granted by Ecobank Transnational Incorporated in the Small and Medium Enterprises (SMEs) in its network, happened between 2013 and 2014, from […]
Business
South Africa: the creation of the Coca-Cola Beverage Africa will remove 387 jobs at SABMiller
The project to create the Africa’s biggest Coca-Cola bottling company in Africa supported by Coca-Cola and SABMiller will not happen without collateral damage. The South […]
PSA Peugeot Citroën for industrial establishment in Sub-Saharan Africa?
The French automaker PSA Peugeot Citroën is studying the installation of a plant in sub-Saharan Africa, reports the French newspaper Les Echos in its issue […]
Banking: Société Générale buys stake in Bank of Mozambique
The French bank Société Générale has acquired a stake in The Mauritius Commercial Bank of Mozambique, as part of its strategy for growth in Africa, […]
Ivory Coast: Jumia opens 6 new branches
African e-commerce company Jumia has announced on the 20th March, in a statement, the opening of six branches in Ivory Coast in the cities of Yamoussoukro, […]
Cameroon: 3.2 Bln CFA to setup 10 new cocoa processing plants
The Cameroonian’s government is planning to double its annual capacity of cocoa processing. According to Reuters, the country wants to succeed in transforming locally around […]
Egypt: PepsiCo plans an investment of $ 500 million in 2015
The beverage manufacturer PepsiCo will be engaged more in Egypt. The company has indicated that it plans to invest $ 500 million in its Egyptian […]
Access Bank realized a pretax profit of $ 261 million in 2014
Nigeria’s Access Bank has announced in March 16th, to have realized a profit before tax of 52.02 billion naira ($ 261 million) in 2014, up […]
Nigeria: WB lends $175 Mln to GTBank for expansion
The International Finance Corporation (IFC), the private arm of the World Bank, has announced on March 17th, in a statement, the granting of a loan […]
AfDB grants $ 50 million to ABC Holdings and its subsidiaries
The African Development Bank (AfDB) has announced on March 12th, in a statement, to have granted US $50 million multi-currency line of credit (LoC) with […]