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 […]
Business
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 […]
Togo: Coris Bank International opens subsidiary
After Burkina Faso in 2008, Côte d’Ivoire in 2013, Mali in 2014, the Coris Bank International (CBI) has just opened its fourth branch in Lomé, […]
East Africa: CFAO has announced a new joint venture with Porsche Holding Salzburg
The French group CFAO has announced in a statement released on the 19th February, the creation of a joint venture to East Africa. This new […]
Cameroon: rising prices of alcoholic beverages
The Cameroonian Ministers of Trade and Finance have increased the amounts of alcoholic beverages according to the reform of the specific excise duties contained in […]
Morocco: Attijariwafa Bank makes a profit of 5.2% in 2014
The Moroccan banking group Attijariwafa Bank has announced on February 19th , 2015 that it have achieved a net profit attributable to shareholders of 4.4 […]