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Finance

Nigeria: Wema Bank’s pre-tax profit rises 4% in Q1 2015

April 22, 2015 Khalid Al Mouahidi 0

The Nigerian bank Wema Bank has announced on April 22nd, in a statement, a pre-tax profit of 615.28 million naira ($ 3 million) in the […]

Algeria’s deficit in the trade balance has reached $ 1.73 billion in 1Q 2015

April 22, 2015 Khalid Al Mouahidi 0

The trade balance of Algeria has recorded a deficit of $ 1.73 billion in the first quarter of 2015, against a surplus of $ 1.83 […]

Air Côte d’Ivoire to invest $ 69 million for two Bombardier Q400

April 22, 2015 Khalid Al Mouahidi 0

The Canadian aircraft manufacturer Bombardier has announced in a statement issued on the 13th April that Air Côte d’Ivoire, the national airline of the Republic […]

Ebola-hit countries call for $8 bn for ‘Marshall Plan’

April 21, 2015 Khalid Al Mouahidi 0

The three countries most affected by the epidemic of Ebola, Guinea, Liberia and Sierra Leone have asked on April 17th in Washington, an international aid […]

Société Générale allocates € 4 billion to develop its activities in Africa by 2016

April 21, 2015 Khalid Al Mouahidi 0

The French bank Société Générale will allocate 4 billion euros of additional capital to accelerate the development of its activities in Africa by 2016, reports […]

Ecobank Cameroon lends Camair Co 30 billion CFA francs 

April 21, 2015 Khalid Al Mouahidi 0

The Cameroon subsidiary of the banking group Ecobank has been committed by the Cameroon Airlines Corporation (Camair Co), public airline, to mobilize in consortium with […]

Tunisia:  “Monsieur Energie” program will create 25,000 jobs

April 21, 2015 Khalid Al Mouahidi 0

 The Trustee Council of Tunisia in collaboration with the National Agency for employment and self-employment prepares the realization of an energy program that will generate […]

BOAD grants short-term refinancing line to Coris Bank International

April 21, 2015 Khalid Al Mouahidi 0

The West Africa Development Bank represented by its Chairman Mr. Christian and Idrissa NASSA, CEO of Coris Bank International (CBI), have signed an agreement after […]

Tanzania: National Microfinance Bank income of 2014 up $ 82,560,000

April 21, 2015 Khalid Al Mouahidi 0

Supported by a strong increase in its interest income, National Microfinance Bank, one of the banks listed on the Dar es Salaam Stock Exchange, the […]

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 […]

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  • Egypt and Burkina Faso Pledge Closer Ties in Anti-Terrorism Efforts and Regional Cooperation
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