Burkina Faso: SOFITEX reaches funding agreement of € 70 million
Burkina Faso’s company of textile fibers (SOFITEX) continues to seek for funding on behalf of the new cotton season. The company has finalized on the […]
Business
Togo will use its first 4G network in 2015
After introducing the first 3G broadband network in Togo in 2010, the mobile phone company Togocel has announced this weekend the introduction of 4G network […]
Ethiopian Airlines to become the No.1 in Africa in 2015
Ethiopian Airlines is planning a rapid expansion to become a leader in Africa in terms of passenger traffic; the “title” is already acquired in terms […]
Nigeria: Dangote plans to produce 950,000 tons of rice
The multimillionaire and famous Nigerian business tycoons Aliko Dangote will invest in agriculture. After the announcement of the largest tomato processing unit of the continent […]
Kosmos Energy Finalizes Offshore Mauritania Farm-Out Agreement with Chevron Corporation
Kosmos Energy, US oil and Gas Company based in New York has announced on the 4th February entering into a farm-out agreement with Chevron Mauritania […]
MoneyGram reaches 25,000 locations across Africa
Before the announcement of its fourth quarter and full year 2014 financial results after market close on Thursday, February 12th , Monegram, the company specialized […]
DRC: Google plans to open an Office in Kinshasa
The US Internet giant Google plans to boost internet connectivity in the Democratic Republic of Congo (DRC), and will open an office in Kinshasa in […]
A dozen Islamic banks seek licences in Morocco
The Moroccan press recently revealed that Bank Al-Maghrib, Morocco’s central bank, has received several requests for approval from several Islamic banks from the Gulf countries. […]
Tigo has set up a record of 25.3 Mln subscribers in Africa
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
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 […]