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 […]
Finance
Nigeria: Fidelity Bank recorded a net profit up to 78.7%
The Nigerian banking group Fidelity Bank presented on the floor of the Nigerian Stock Exchange on 31st March, 2015, the results of the benefit of […]
Algeria: Nestlé launches a new processing plant
In Algeria, Nestlé has recently launched a new processing plant installed in the industrial area of Oued Smar. This new production line of Swiss agribusiness […]
IMF approves $ 6.9 million in Burundi
The International Monetary Fund (IMF) has announced on 23rd March, in a statement, having granted to Burundi, a loan of $ 6.9 million under the […]
Tanzania will invest $ 14.2 billion in railway construction
Tanzania government is planning to invest $ 14.2 billion in the construction of a new rail network over the next five years, said Minister of […]
Senegal : BCEAO grant an authorization to the Bank of Dakar
The Banking Commission of the Central Bank of West African States (BCEAO) has granted approval for a new bank that will operate on the Senegalese […]
East Africa: Goodlife Pharmacy receives a loan of $ 4.5 million to finance its expansion
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
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.
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
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” […]