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Finance

Zambia plans to install 4,000 solar powered hammer mills

March 19, 2015 Khalid Al Mouahidi 0

The Zambian government, in partnership with China, plans to install over 4,000 solar powered hammer mills nationally in a bid to curb rising mealy meal […]

  Access Bank realized a pretax profit of $ 261 million in 2014

March 19, 2015 Khalid Al Mouahidi 0

Nigeria’s Access Bank has announced in March 16th, to have realized a profit before tax of 52.02 billion naira ($ 261 million) in 2014, up […]

Nigeria: WB lends $175 Mln to GTBank for expansion

March 19, 2015 Khalid Al Mouahidi 0

The International Finance Corporation (IFC), the private arm of the World Bank, has announced on March 17th, in a statement, the granting of a loan […]

Sub-Saharan Africa:  AFD has spent 36.5% of its funding in 2014

March 19, 2015 Khalid Al Mouahidi 0

The French Development Agency (AFD in French) has spent 36.5% of its funding to sub-Saharan Africa in 2014, according to the institution’s annual report published […]

AfDB grants $ 50 million to ABC Holdings and its subsidiaries

March 16, 2015 Khalid Al Mouahidi 0

The African Development Bank (AfDB) has announced on March 12th, in a statement, to have granted US $50 million multi-currency line of credit (LoC) with […]

Senegal target Agricultural farms to generate “thousands jobs”

March 16, 2015 Khalid Al Mouahidi 0

The Senegalese government is planning to develop 345 farms, which will generate about 60 thousand jobs, said on sunday 15th march, the Senegalese Ministry of […]

Togo: IMF forecasts an economic growth of 5.5% in 2015

March 12, 2015 Khalid Al Mouahidi 0

The International Monetary Fund (IMF) has announced on 9th March in a statement that the Togolese economy is expected to grow 5.5% in 2015, thanks […]

The Ivorian Tidjane Thiam to lead Credit Suisse

March 12, 2015 Khalid Al Mouahidi 0

Credit Suisse, a Zurich-based global lender, has appointed on the 10th March 2014, the Ivory Coast born and top UK’s insurer Prudential chief executive, Tidjane Thiam to lead […]

Algeria: Qatar Steel and Algerian Sider launch the construction of $ 2 billion steel plant

March 12, 2015 Khalid Al Mouahidi 0

The Qatar Steel Company and the Algerian public group Sider launched on the 9th March in Jijel, a town located at about 300 km east […]

Moroccan textile industry is committed to create 90,000 jobs by 2020

March 12, 2015 Khalid Al Mouahidi 0

The Moroccan textile industry is committed to create 90,000 jobs by 2020, according to the terms of a performance agreement signed at the end of […]

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