Ivory Coast L’Oréal and CFAO sign partnership production and distribution
The French groups L’Oréal and CFAO have announced last weekend, the signing of a Memorandum of Understanding for the production and distribution of cosmetics in […]
Business
Private equity transactions in Africa in 2014 has reached $ 8.1 billion
The total value of private equity transactions in Africa in 2014 has reached $ 8.1 billion, according to a report released earlier this week by […]
The Egyptian Billionaire Naguib Sawiris soon Euronews Boss
Naguib Sawiris is in advanced talks with the Lyon-based news channel in a deal estimated at 35 million euros. Egyptian moneybag Nagui Sawiri, known as […]
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 […]
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 […]