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Ghana: Abengoa launches the first water desalination plant in West Africa

April 21, 2015 Khalid Al Mouahidi 0

In Ghana, the Spanish company Abengoa SA has installed the first water desalination plant in West Africa. The infrastructure, inaugurated by Ghanaian President John Dramani […]

Kenya: Wrigley invests $ 63 million in a manufacturing plant of chewing gum

April 17, 2015 Khalid Al Mouahidi 0

The US manufacturer of chewing gum Wrigley is building a plant worth $ 63 million in Kenya. Described by Martin Radvin, the president of the […]

Africa: Republic Bank to settle it headquarter in Accra

April 17, 2015 Khalid Al Mouahidi 0

Republic Bank Ltd has informed the Ghanaian financial press that its offer to acquire a majority stake of 50.1% in the month in House Finance […]

West-Africa: Bolloré to support the construction of the railway from Cotonou to Niamey

April 16, 2015 Khalid Al Mouahidi 0

The governments of Benin and Niger have signed a final agreement for the construction of the railway line linking the port of Cotonou to Niamey, […]

Garissa attack: Kenya suspends the licenses of 13 money transfer companies

April 16, 2015 Khalid Al Mouahidi 0

The Kenyan government has suspended the licenses of 13 companies to transfer funds following the recent massacre of 148 people by an Islamist commando at […]

Africa Re reported a net profit up to 39.7% in 2014.

April 15, 2015 Khalid Al Mouahidi 0

African Reinsurance Corporation (Africa Re) has achieved a net profit of $ 118.5 million in 2014, against 84.8 million in 2013, an increment of 39.7% […]

Morocco: EBRD to open an office

April 14, 2015 Khalid Al Mouahidi 0

The European Bank for Reconstruction and Development (EBRD) will open an office in Morocco reports the site Moroccan Le360 information. The institution, which has already […]

Côte d’Ivoire: The water Distribution agency has increase it’s net income

April 11, 2015 Khalid Al Mouahidi 0

Société de Distribution des Eaux de Côte d’Ivoire (SODECI), saw its net profit increase in 2014 to 3.1 billion CFA francs, against only 2.4 billion […]

Egypt: IFC to invest 1.2 to $ 2 billion in infrastructure and energy

April 11, 2015 Khalid Al Mouahidi 0

The International Finance Corporation (IFC), a subsidiary of the World Bank in charge of the private sector, plans to invest 1.2 to $ 2 billion […]

Nigeria: Unity Bank made a pre-tax profit up 35.2% in Q1 2015

April 11, 2015 Khalid Al Mouahidi 0

The Nigerian bank, Unity Bank has announced in a statement on 9th April that the institution has made a pre-tax profit of 4.26 billion naira […]

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