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Finance

MALI : BOAD supports the creation of a new telecommunications network in Mali

April 17, 2015 Khalid Al Mouahidi 0

Mr. Christian ADOVELANDE, President of the West African Development Bank (BOAD) and  Apollinaire Compaore, President of the Board of Directors of Alpha Telecom Mali (Mali […]

Africa: Republic Bank to settle it headquarter in Accra

April 17, 2015 Khalid Al Mouahidi 0

Republic Bank Ltd has informed the Ghanaian financial press that its offer to acquire a majority stake of 50.1% in the month in House Finance […]

West-Africa: Bolloré to support the construction of the railway from Cotonou to Niamey

April 16, 2015 Khalid Al Mouahidi 0

The governments of Benin and Niger have signed a final agreement for the construction of the railway line linking the port of Cotonou to Niamey, […]

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 […]

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