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Finance

Kenya: Remittances up to 10.7% in 2014 with $ 1.43 billion

February 3, 2015 Khalid Al Mouahidi 0

Transfers of Kenyan migrants to their home country has reached $ 1.43 billion in 2014, up to 10.7% year by year, announced by the Central […]

Ghana: India provides funding of $ 150 million to support agricultural mechanisation

February 3, 2015 Khalid Al Mouahidi 0

 The Indian government has granted to Ghana, a credit line of $ 150 million to support the implementation of an Agricultural Mechanisation Service Centre (AMSEC) […]

BGFIBank opens a subsidiary in Senegal

February 3, 2015 Khalid Al Mouahidi 1

The Gabonese BGFIBank banking group has obtained the authorization of the Senegalese authorities for the creation of its subsidiary in this West African country, reports […]

Côte d’Ivoire will launch One billion Eurobond this month

February 2, 2015 Khalid Al Mouahidi 0

One week after the announcement of the Ivorian Minister of Economy, Nial Kaba that Ivory Coast will launch a new Eurobond in February to capture […]

Nigeria: Dangote launches tomato processing factory in Kano

February 2, 2015 Khalid Al Mouahidi 0

Tomato farmers in Kano State would have a reason to smile soon and also to overcome the uncertainties surrounding their business as Dansa Foods, a […]

Rwanda is one of Africa’s economic success stories (Christine Lagarde – IMF)

January 31, 2015 Khalid Al Mouahidi 0

Ms. Christine Lagarde, the Managing Director of the International Monetary Fund (IMF), has conducted a four-day visit to Rwanda which end on the 29th January […]

Cashew: Ivory Coast plans a production of 600,000 tons for the next season

January 31, 2015 Khalid Al Mouahidi 0

Ivory Coast will produce 600,000 tons of raw cashew nuts during the 2014-2015 campaign, which opens next February, according to an information given on the […]

IDB approves funding of $ 189 million for four African countries

January 31, 2015 Khalid Al Mouahidi 0

The Islamic Development Bank (IDB) has approved, on the occasion of the 302nd meeting of its Board of Directors held on January 18th, the funding […]

Cameroon: the gov’t requires 150 bln for the renewal of Orange and MTN

January 30, 2015 Khalid Al Mouahidi 0

MTN and Orange mobile operators are currently in negotiations with the government of Cameroon to reduce the $ 75 billion FCFA requested from everyone to […]

Ghana: ENI promises CTP block offshore oil and gas in 2017

January 30, 2015 Khalid Al Mouahidi 0

The Italian group Eni, Vitol and Ghana National Petroleum Corporation (GNPC) have signed on the 27th January with the President of the Republic of Ghana, […]

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