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Business

Algeria: More than $70 billion to develop shale gas exploration despite protests

January 12, 2015 Steven Addamah 0

State-owned Sonatrach is adamant with its plans to exploit shale gas despite the protests of the habitants in the region. The Managing Director of the […]

Morocco Telecom takes acquisition of interest in Moov CI

January 10, 2015 Khalid Al Mouahidi 0

The Head of State of the Republic of Ivory Coast, Alassane Ouattara, chaired the first cabinet meeting of 2015 on the 7th January, 2015. After […]

Nigeria will begin the selling process of Keystone Bank in 2015

January 10, 2015 Khalid Al Mouahidi 0

“The Asset Management Corp. of Nigeria (AMCON), public bank, will begin the process of selling Keystone Bank during the second quarter of 2015” reported Bloomberg […]

Tony Elumelu will finance 10,000 business projects in Africa

January 8, 2015 Khalid Al Mouahidi 0

Things are becoming clearer and achievable with respect to the announcement made on the 1st December 2014 by the Nigerian billionaire Tony Elumelu, who has […]

Mozambique: the flow of foreign investment reached $ 16 billion in five years

January 7, 2015 Khalid Al Mouahidi 0

According to the data published by the Mozambican Ministry of Planning and Development, it is clear that foreign direct investment flows during 2010-2014 have reached […]

DRC: The Sotexki resumes operations

January 7, 2015 Khalid Al Mouahidi 0

The textile company of Kisangani (Sotexki) in DRC has resumed its activities on the 29th December after more than a week of suspension due to […]

Cameroon: 45 billion investments to create 1,600 jobs in private sector

January 7, 2015 Khalid Al Mouahidi 0

The Cameroonian Investment Promotion Agency will sign a convention with four private companies during the month of January. Nearly 45 billion FCFA will be invested […]

Royal Air Maroc receives its first Boeing 787-8 Dreamliner

January 6, 2015 Khalid Al Mouahidi 0

After Ethiopian Airlines and Kenya Airways, the first Boeing 787-8 Dreamliner ordered by the national airline, Royal Air Maroc landed last week-end at the Mohammed […]

Nigeria: Central Bank has revoked the licences of 21 banks

January 6, 2015 Khalid Al Mouahidi 0

The Central Bank of Nigeria has revoked the licences of 21 banks specializing in real estate lending and microfinance institutions, reports the Nigerian newspaper “This […]

Ivory-Coast: Felix Houphouet-Boigny airport has set record in 2014

January 5, 2015 Khalid Al Mouahidi 0

The international airport Felix Houphouet -Boigny in Abidjan, beat its annual attendance record with nearly “1 million 500 thousand passengers at the end of the […]

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