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Business

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 […]

MoneyGram reaches 25,000 locations across Africa

February 9, 2015 Khalid Al Mouahidi 0

Before the announcement of its fourth quarter and full year 2014 financial results after market close on Thursday, February 12th , Monegram, the company specialized […]

DRC: Google plans to open an Office in Kinshasa

February 9, 2015 Khalid Al Mouahidi 0

The US Internet giant Google plans to boost internet connectivity in the Democratic Republic of Congo (DRC), and will open an office in Kinshasa in […]

A dozen Islamic banks seek licences in Morocco

February 9, 2015 Khalid Al Mouahidi 0

The Moroccan press recently revealed that Bank Al-Maghrib, Morocco’s central bank, has received several requests for approval from several Islamic banks from the Gulf countries. […]

Tigo has set up a record of 25.3 Mln subscribers in Africa

February 7, 2015 Khalid Al Mouahidi 0

The Luxembourg Millicom International Cellular Telecom group, operating in Africa and Latin America under the Tigo brand, has released its financial results for the year […]

Morocco: Hellofood to continue expansion

February 7, 2015 Khalid Al Mouahidi 0

The German company Hellofood is continuing its expansion in Morocco in 2015 as announced last year. The start-up which was specializing in the delivery wants […]

Cameroon: Dangote cement resume production

February 7, 2015 Khalid Al Mouahidi 2

The cement plant built in Douala by the Nigerian billionaire Aliko Dangote with an investment of 50 billion FCFA started production after the launching last […]

Ivory Coast: Commerzbank opens a representative office

February 6, 2015 Khalid Al Mouahidi 0

The German bank Commerzbank AG has announced on the 3th February, in a statement, the opening of a representative office in Abidjan, the economic capital […]

BGFIBank opens a subsidiary in Senegal

February 3, 2015 Khalid Al Mouahidi 1

The Gabonese BGFIBank banking group has obtained the authorization of the Senegalese authorities for the creation of its subsidiary in this West African country, reports […]

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