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 […]
Finance
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 […]
East Africa: CFAO has announced a new joint venture with Porsche Holding Salzburg
The French group CFAO has announced in a statement released on the 19th February, the creation of a joint venture to East Africa. This new […]
Senegal: Macky Sall promises to build a highway to connect Dakar and Ziguinchor
The Senegalese Head of State Macky has promised on the 19th February, to build a railway from Dakar to Ziguinchor, the capital of the Casamance […]
Cameroon: rising prices of alcoholic beverages
The Cameroonian Ministers of Trade and Finance have increased the amounts of alcoholic beverages according to the reform of the specific excise duties contained in […]
Ivory Coast gets B rating from Fitch in anticipation to the next Eurobond
The credit rating agency Fitch has assigned on February 18th the sovereign rating of B to Ivory Coast, for its Eurobond launched earlier this month. This […]