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Finance

East Africa: Goodlife Pharmacy receives a loan of $ 4.5 million to finance its expansion

March 30, 2015 Khalid Al Mouahidi 0

The International Finance Corporation (IFC),   a branch of the World Bank in charge of the private sector in developing countries, has announced a loan of […]

Kenya’s tea exports reach 499 million in 2014

March 27, 2015 Khalid Al Mouahidi 0

At the end of the 2013/2014 campaign, Kenya produced 444.8 million kilograms of tea, 12.6 million kilograms more than the previous season. The country has […]

The Burundi wants to double its production of coffee by 2021.

March 27, 2015 Khalid Al Mouahidi 0

The Burundi’s government is planning to create a revolution in the coffee sector in the six coming years. The country has launched a new sector […]

EU targets new financial aid to Guinea-Bissau

March 27, 2015 Khalid Al Mouahidi 0

European Union (EU) has announced on the 25th March, to provide an additional aid of 160 million Euros to Guinea-Bissau in order to “strengthen democracy” […]

Mara Atlas to raise funds to make new acquisitions in Africa

March 27, 2015 Khalid Al Mouahidi 0

The investment holding company dedicated to financial services in Africa, Atlas Mara has announced on the 25th March on the occasion of the publication of […]

Ethio Telecom has officially launched its 4G network

March 27, 2015 Khalid Al Mouahidi 0

The Ethiopian incumbent, Ethio Telecom, officially started marketing its 4G services in Addis Ababa. Single telecom service provider in the country, the telecom company would […]

Zambia will export 800,000 tons of maize to its neighbors

March 25, 2015 Khalid Al Mouahidi 0

The Zambian authorities have recently announced their intention to export 800,000 tons of white maize to neighboring countries. The move comes following a record harvest […]

Ecobank / SME financing was increased by $ 280 million between 2013 and 2014

March 25, 2015 Khalid Al Mouahidi 0

The volume of assistance granted by Ecobank Transnational Incorporated in the Small and Medium Enterprises (SMEs) in its network, happened between 2013 and 2014, from […]

Nigeria and Ivory Coast negotiate the sukuk issuance with the Islamic Development Bank

March 22, 2015 Khalid Al Mouahidi 0

Nigeria and Ivory Coast have begun negotiations with the Islamic Corporation for the Development of the Private Sector (ICD), a subsidiary of the Islamic Development […]

Nigeria: Switzerland returns $380m stolen by Sani Abacha

March 22, 2015 Khalid Al Mouahidi 0

Geneva public ministry has announced on the 17th March, the return to Nigeria of 380 million that had been misappropriated by the former president Sani […]

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News

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