Ghana: Government suspends the IPO of Agriculture Development Bank
While the trend in Africa is to increase the number of companies listed on the financial markets, the Government of Ghana, through its Ministry for […]
Finance
Morocco: Indofood CBP Sukses Makmur plans to build an instant noodle factory
The Indonesian company Indofood CBP Sukses Makmur will invest $ 5 million in the installation of an instant noodle production plant in Morocco. The infrastructure […]
Egypt: Bombardier and partners to build $ 1.5 billion monorail
A consortium of Canadian industrial group Bombardier and Egyptian companies Arab Contractors and Orascom Construction will build a monorail near the Egyptian capital Cairo for […]
Niger: BOAD and local banks to invest about 128Bln CFA francs for roads construction
The Vice President of the West African Development Bank (BOAD), Bassary TOURE, Amadou Boubacar Cisse, Minister of State, Minister of Planning, Spatial Planning and Community […]
Ecobank Group recorded $ 84 million commissions from its ATMs in 2014
The pan-African banking group Ecobank Transnational Incorporated has published on April 20th, its accounts for the year 2014, showing a profit before taxes of $ […]
Ethiopian Airlines begins Narita direct flights
The Ethiopian Airlines has announced on the 29th April, the launch of its first direct flight between its hub in Addis Ababa and Tokyo’s Narita […]
TGV line to link Tunisia, Algeria and Morocco
The project of a high speed train line (TGV) connecting the three central Maghreb countries will be started soon. Buried for ten years by Algerian […]
Chad gets $ 1.1Bln debt relief
The International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) agreed that Chad has reached its completion point under the enhanced framework […]
Equatorial Guinea: ICBC to finance $ 2 Bln infrastructure projects
Industrial and Commercial Bank of China ICBC), China’s biggest lender by assets, said on Wednesday it had signed an infrastructure agreement worth of $2 billion […]
Zambia: $500M to build biofuel plants
ORACLE Biofuels Limited is scouting for US$500 for the construction of several biofuel plants in in selected parts of Zambia. This announcement was made by […]