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Business

Tigo has set up a record of 25.3 Mln subscribers in Africa

February 7, 2015 Khalid Al Mouahidi 0

The Luxembourg Millicom International Cellular Telecom group, operating in Africa and Latin America under the Tigo brand, has released its financial results for the year […]

Morocco: Hellofood to continue expansion

February 7, 2015 Khalid Al Mouahidi 0

The German company Hellofood is continuing its expansion in Morocco in 2015 as announced last year. The start-up which was specializing in the delivery wants […]

Cameroon: Dangote cement resume production

February 7, 2015 Khalid Al Mouahidi 2

The cement plant built in Douala by the Nigerian billionaire Aliko Dangote with an investment of 50 billion FCFA started production after the launching last […]

Ivory Coast: Commerzbank opens a representative office

February 6, 2015 Khalid Al Mouahidi 0

The German bank Commerzbank AG has announced on the 3th February, in a statement, the opening of a representative office in Abidjan, the economic capital […]

BGFIBank opens a subsidiary in Senegal

February 3, 2015 Khalid Al Mouahidi 1

The Gabonese BGFIBank banking group has obtained the authorization of the Senegalese authorities for the creation of its subsidiary in this West African country, reports […]

Nigeria: Dangote launches tomato processing factory in Kano

February 2, 2015 Khalid Al Mouahidi 0

Tomato farmers in Kano State would have a reason to smile soon and also to overcome the uncertainties surrounding their business as Dansa Foods, a […]

Kenya: Uchumi to open 12 branches in East Africa in 2015

February 2, 2015 Khalid Al Mouahidi 0

Kenya’s Uchumi Supermarkets plans to open a dozen of new branches across East Africa this year to capture the growing number of middle class spenders […]

Cameroon: the gov’t requires 150 bln for the renewal of Orange and MTN

January 30, 2015 Khalid Al Mouahidi 0

MTN and Orange mobile operators are currently in negotiations with the government of Cameroon to reduce the $ 75 billion FCFA requested from everyone to […]

Nigeria: UBA plans expansion in Angola and South Africa

January 28, 2015 Khalid Al Mouahidi 0

According to the UBA’s Chief Executive Officer, Phillips Oduoza, who spoke at the World Economic Summit in Davos, the lender will move to the southern […]

Moroccan Telecom Group Formally Expands Activities in Africa

January 27, 2015 Khalid Al Mouahidi 0

Maroc Telecom, the leading telecommunication operator in the North African country, announced on Tuesday it has completed the acquisition of the six African subsidiaries of […]

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