South Africa: Foschini wants to triple its number of stores in sub-Saharan Africa by 2020
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 […]
Business
South Africa: Barclays Africa has reached 9.2 million customers
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
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
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
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
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
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
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 […]
Angola: Fertil Vale to invest One billion dollars in the phosphate of Mucula
Vale Fértil, Lda, the Angolan subsidiary of Israeli group LR, may invest US$1 billion in a project to mine and process phosphates in the Lucunga […]
Zambia Sugar: $ 82 million to increase sugar production
The subsidiary of the South African Illovo Sugar, Zambia Sugar has reported the details of a major project of expansion to increase the production capacity […]