Algeria: Avril to launch € 20 M animal nutritional unit
The leading player in the French vegetable oil and protein industry, Avril group, will open next June a unit of animal nutrition in Algeria in […]
Business
Kenya’s Barclays reports 10% pretax growth in Q1 2015
The Kenyan subsidiary of Barclays Bank Group announced that its pretax profit for the first quarter rose 10 percent to 3.12 billion Kenyan shillings ($32 […]
China Wu Yi Co to build roads in Kenya, Uganda and Ethiopia for $ 73 million
The construction firm China Wuyi Co Ltd announced on Monday it had won $73.2 million worth of contracts for the construction of roads in Kenya […]
Rabat and Dakar seal 13 cooperation deals
The first day of the working and friendship visit King Mohammed VI is paying to Senegal was marked by the signing of thirteen cooperation and […]
Ethiopia: $ 10Bln to lead a revolution in manufacturing
The Ethiopians officials have announced an annual investment of one billion dollars over the next decade in the development of specialized industrial parks. These areas, […]
Kenya: Diamond Trust Bank to open branches in Madagascar and DRC
Kenya’s Diamond Trust Bank (DTB) has announced interests in extending operation in Africa. Ranked Kenya’s seventh biggest bank by assets is planning to use part […]
Algeria: Alstom inaugurates a trams plant
The CITAL joint venture of Alstom, Entreprise du métro d’Alger and Ferrovial officially inaugurated its tram assembly and maintenance plant in Annaba on May 12th. […]
Kenya: Centum Investment to mobilize $ 500 million for the mega Lamu Coal 1000MW project
Nabo Capital, a subsidiary of the investment firm Kenyan Centum Investment, wants to mobilize $ 500 million, including a contribution from any pension funds based […]
Algeria and France signed partnership agreements for industry and training.
Four partnership agreements for the industrial and training were signed on the 12th May in Algiers between Algeria and France. According to the Algerian APS […]
Unilever Nigeria: Investors have until June 10th to respond to the offer of Unilever Overseas
The long-term investors Unilever Nigeria, subsidiary of agro-industrial group Unilever Overseas, now have a new opportunity to reach the capital gain from the opportunity that […]