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Finance

Morocco:  Indofood CBP Sukses Makmur plans to build an instant noodle factory

May 5, 2015 Khalid Al Mouahidi 0

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

May 5, 2015 Khalid Al Mouahidi 0

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

May 5, 2015 Khalid Al Mouahidi 0

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

May 4, 2015 Khalid Al Mouahidi 0

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

May 4, 2015 Khalid Al Mouahidi 0

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

May 4, 2015 Khalid Al Mouahidi 0

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

May 4, 2015 Khalid Al Mouahidi 0

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

May 4, 2015 Khalid Al Mouahidi 0

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

April 28, 2015 Khalid Al Mouahidi 0

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 […]

Ivoirians import 30 Bln CFA francs of onions per year

April 28, 2015 Khalid Al Mouahidi 0

According to a recent report of the Ivorian government; the country’s national onion production covers only 5% of internal needs. This situation forced the country […]

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