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Finance

Algeria to reach 151 Bln m3 of natural gas by 2019

February 13, 2015 Khalid Al Mouahidi 0

The production of natural gas from Algeria would reach 151 billion m3 by 2019 after a production level of about 131 billion m3 in 2014, […]

Rwanda: The solar plant Agahozo increases national energy capacity by 6%

February 13, 2015 Khalid Al Mouahidi 0

Considered as the largest solar power plant in Central Africa and the East, the Agahozo solar plant, with its 8.5 MW capacity spread over 21 […]

Mozambique recorded 9.6% growth in 2014

February 13, 2015 Khalid Al Mouahidi 0

According to a statement released by the Mozambican government on the 11th February, the economy of the country has grew 9.6% in 2014, a higher […]

Ethiopian Airlines to become the No.1 in Africa in 2015

February 11, 2015 Khalid Al Mouahidi 0

Ethiopian Airlines is planning a rapid expansion to become a leader in Africa in terms of passenger traffic; the “title” is already acquired in terms […]

AFCON 2015: Alassane Ouattara disburses 2Bln CFA to Ivory-Coast’s football team

February 11, 2015 Khalid Al Mouahidi 0

The Head of the Ivorian state Alassane Ouattara has offered on Tuesday 09th February 02 billion FCFA for Elephants footballers winners of the on Sunday […]

KENYA: The CAD Fund to open office in Nairobi

February 11, 2015 Khalid Al Mouahidi 0

The China-Africa Development Fund (CADF) will open an office in Nairobi to cover the entire East African region, said the vice president of the largest […]

Nigeria: Dangote plans to produce 950,000 tons of rice

February 11, 2015 Khalid Al Mouahidi 0

The multimillionaire and famous Nigerian business tycoons Aliko Dangote will invest in agriculture. After the announcement of the largest tomato processing unit of the continent […]

Kosmos Energy Finalizes Offshore Mauritania Farm-Out Agreement with Chevron Corporation

February 9, 2015 Khalid Al Mouahidi 0

Kosmos Energy, US oil and Gas Company based in New York has announced on the 4th February entering into a farm-out agreement with Chevron Mauritania […]

MoneyGram reaches 25,000 locations across Africa

February 9, 2015 Khalid Al Mouahidi 0

Before the announcement of its fourth quarter and full year 2014 financial results after market close on Thursday, February 12th , Monegram, the company specialized […]

Cameroon plans to produce 40,000 tons of coffee in 2015

February 9, 2015 Khalid Al Mouahidi 0

After doubling its national coffee production, 32,800 tons during the campaign of 2013/2014 against nearly 17,000 tons in 2012/2013, and the Cameroonian government is planning […]

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