Egypt: China Railway to build Cairo railway for USD 800 million
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 […]
Finance
Côte d’Ivoire: The water Distribution agency has increase it’s net income
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
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
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
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 […]
Morocco: GDP growth reached 4.4% in Q1 2015
The GDP of Morocco grew by 4.4% yoy at the end of the first quarter 2015, thanks to an increment of 12.3% of the agricultural […]
Ivory Coast: WB grant $ 50 million to support the youth employment and training
The World Bank has announced on 26th March, in a statement, that it has granted the Ivory Coast a loan of $ 50 million to […]
IMF reduces the debt of Guinea
The International Monetary Fund (IMF) has announced on March 26th, that the institution has reduced the debt of Guinea for 29.8 million. This was achieved […]
Zimbabwe : Telecel officials to discuss with the government
Since February, representatives of Telecel International (TI), are in Zimbabwe to discuss with the government on ways and means that could be implemented to prevent […]
Morocco: BMCE Bank to launch a branch in Shanghai
The Moroccan Foreign Trade Bank (BMCE Bank) has received the green light from the Chinese authorities to launch a branch in Shanghai, reports the Moroccan […]