CEMAC: Economic growth will fall to 2.2% in 2015, IMF
The International Monitary Fund has announced on May 7th that the CEMAC economic zone growth is forecasted to fall to 2.2% in 2015 against 4.6% […]
Finance
Congo: Equatorial Congo Airlines asserts its Pan ambition
The Africa Aviation Summit 2015, which opens on May 10th in Dubai, will highlight the huge potential of the aviation market in Africa. The event, […]
The Spear Capital investment firm acquires 27% of the $ 6 million Zimbabwean Dendairy
The private investment firm, Spear Capital, based in South Africa and supported by the Scandinavian fund, has acquired a 27% stake in Dendairy, a company […]
Royal Air Morocco and Qatar Airways to create a “bridge between Africa and Asia”
The Moroccan state Airways company Royal Air Morocco and Qatar Airways have signed on May 6th, a strategic commercial partnership agreement that will allow an […]
Nigeria : Aliko Dangote says still interested in buying Arsenal F.C
The Nigerian billionaire Aliko told on May 5th, the Bloomberg agency that he is planning to make a takeover offer of the London football club […]
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 […]
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 $ […]