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Finance

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 […]

Ghana postpones its $ 1 billion new Eurobond to June 2015

April 16, 2015 Khalid Al Mouahidi 0

The  government of Ghana has decided to advance to the end of June, the date of issuance of its new Eurobond of one billion dollars, […]

Egypt: China Railway to build Cairo railway for USD 800 million

April 14, 2015 Khalid Al Mouahidi 0

The China Railway Construction Corporation group has announced on April 13th in a statement that one of its subsidiaries has won a USD 800 million […]

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 […]

Mauritanian Sidi Ould Tah appointed new Director General of BADEA

April 11, 2015 Khalid Al Mouahidi 0

The Mauritanian Minister of Economic Affairs and Development, Sidi Ould Tah was elected on the 7th April as General Director of the Arab Bank for […]

Morocco: GDP growth reached 4.4% in Q1 2015

April 11, 2015 Khalid Al Mouahidi 0

The GDP of Morocco grew by 4.4% yoy at the end of the first quarter 2015, thanks to an increment of 12.3% of the agricultural […]

Ivory Coast: WB grant $ 50 million to support the youth employment and training

April 2, 2015 Khalid Al Mouahidi 0

The World Bank has announced on 26th March, in a statement, that it has   granted the Ivory Coast a loan of $ 50 million to […]

IMF reduces the debt of Guinea

April 2, 2015 Khalid Al Mouahidi 0

The International Monetary Fund (IMF) has announced on March 26th, that the institution has reduced the debt of Guinea for 29.8 million. This was achieved […]

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News

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  • Morocco Stands as Strategic Catalyst for South-South Partnerships, King Says
  • UK expresses full support for Morocco-proposed Autonomy Plan as most credible, viable, pragmatic basis to settle Sahara dispute
  • Morocco ambitions to host Formula 1 with $1.2 bln Tangiers Project
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