East Africa: Goodlife Pharmacy receives a loan of $ 4.5 million to finance its expansion
The International Finance Corporation (IFC), a branch of the World Bank in charge of the private sector in developing countries, has announced a loan of […]
Business
Kenya’s tea exports reach 499 million in 2014
At the end of the 2013/2014 campaign, Kenya produced 444.8 million kilograms of tea, 12.6 million kilograms more than the previous season. The country has […]
Mara Atlas to raise funds to make new acquisitions in Africa
The investment holding company dedicated to financial services in Africa, Atlas Mara has announced on the 25th March on the occasion of the publication of […]
Ethio Telecom has officially launched its 4G network
The Ethiopian incumbent, Ethio Telecom, officially started marketing its 4G services in Addis Ababa. Single telecom service provider in the country, the telecom company would […]
Ecobank / SME financing was increased by $ 280 million between 2013 and 2014
The volume of assistance granted by Ecobank Transnational Incorporated in the Small and Medium Enterprises (SMEs) in its network, happened between 2013 and 2014, from […]
South Africa: the creation of the Coca-Cola Beverage Africa will remove 387 jobs at SABMiller
The project to create the Africa’s biggest Coca-Cola bottling company in Africa supported by Coca-Cola and SABMiller will not happen without collateral damage. The South […]
PSA Peugeot Citroën for industrial establishment in Sub-Saharan Africa?
The French automaker PSA Peugeot Citroën is studying the installation of a plant in sub-Saharan Africa, reports the French newspaper Les Echos in its issue […]
Banking: Société Générale buys stake in Bank of Mozambique
The French bank Société Générale has acquired a stake in The Mauritius Commercial Bank of Mozambique, as part of its strategy for growth in Africa, […]
Ivory Coast: Jumia opens 6 new branches
African e-commerce company Jumia has announced on the 20th March, in a statement, the opening of six branches in Ivory Coast in the cities of Yamoussoukro, […]
Cameroon: 3.2 Bln CFA to setup 10 new cocoa processing plants
The Cameroonian’s government is planning to double its annual capacity of cocoa processing. According to Reuters, the country wants to succeed in transforming locally around […]