Elumelu Program: 60% applications came from West Africa
Tony Elumelu, the Nigerian entrepreneur and chairman of Heirs Holdings has launched in December 2014 in Lagos, Nigeria, “Tony Elumelu Foundation Entrepreneurship Program” to financing […]
Finance
Senegal: World Bank grants $ 40.5 million to strengthen the system of social safety nets
The World Bank has announced in a statement this week that it have granted to Senegal a loan of $ 40.5 million through the International […]
Zimbabwe: Delta Beverages to increases production of Chibuku beer
Zimbabwe Exchange-listed Delta Beverages is investing $11 million towards the upgrading of its Chibuku plant in Bulawayo, which is expected to be operational by May […]
Ghana to seal deal with IMF before April
A financial and technical support deal is expected to be reached between the International Monetary Fund (IMF) and Ghana before April. The government has claimed […]
Angola: Fertil Vale to invest One billion dollars in the phosphate of Mucula
Vale Fértil, Lda, the Angolan subsidiary of Israeli group LR, may invest US$1 billion in a project to mine and process phosphates in the Lucunga […]
Afreximbank grants € 159 million loan to four Ivorian public companies
After signing in September 2014 an agreement for the opening of a branch of the institution in Abidjan, the African Export-Import Bank (Afreximbank) has said […]
Zambia Sugar: $ 82 million to increase sugar production
The subsidiary of the South African Illovo Sugar, Zambia Sugar has reported the details of a major project of expansion to increase the production capacity […]
AfDB: Eight candidates to succeed Donald Kaberuka.
The African Development Bank (AfDB) has announced on the 9th February that the steering committee of its Board of Governors has approved the final list […]
Togo: Coris Bank International opens subsidiary
After Burkina Faso in 2008, Côte d’Ivoire in 2013, Mali in 2014, the Coris Bank International (CBI) has just opened its fourth branch in Lomé, […]
DRC: foreign investors to exploit the mining sector
Foreign investors are willing to exploit the mining sector in the Democratic Republic of Congo (DRC). The information was given by the Congolese Minister of […]