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, […]
Business
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 […]
CEMAC: Economic growth will fall to 2.2% in 2015, IMF
The International Monitary Fund has announced on May 7th that the CEMAC economic zone growth is forecasted to fall to 2.2% in 2015 against 4.6% […]
Congo: Equatorial Congo Airlines asserts its Pan ambition
The Africa Aviation Summit 2015, which opens on May 10th in Dubai, will highlight the huge potential of the aviation market in Africa. The event, […]
The Spear Capital investment firm acquires 27% of the $ 6 million Zimbabwean Dendairy
The private investment firm, Spear Capital, based in South Africa and supported by the Scandinavian fund, has acquired a 27% stake in Dendairy, a company […]
Royal Air Morocco and Qatar Airways to create a “bridge between Africa and Asia”
The Moroccan state Airways company Royal Air Morocco and Qatar Airways have signed on May 6th, a strategic commercial partnership agreement that will allow an […]