Angola: China gives state company $2bn
State owned energy company, Sonagol, has been given a $2billion loan by the Chinese government to help the company pursue the expansion of its oil […]
Finance
Morocco: Attijariwafa Bank borrows € 73 million from AfDB to its expansion plan in Africa
The African Development Bank (AfDB) finances the Moroccan bank Attijariwafa expansion plan in Africa for € 73 million. In a statement released on the 16th […]
World Bank approves 50 billion CFA francs for agricultural markets in Cameroon
The government has received from the World Bank a loan of US $ 100 million for its investment project and development of agricultural markets. The […]
Ivory Coast: World Bank grant $ 70 million for the administration and the private sector
The World Bank has announced on December 15th , in a statement, the grant of $ 70 million to Côte d’Ivoire to support efforts made […]
Cameroon: Orange wants to invest 1,500 billion CFA over the next 10 years
Orange Cameroon, the subsidiary of France Telecom plans to invest nearly 1,500 billion CFA over the next 10 years for the development and operation of […]
BOAD plans to provide loans over 1100 billion CFA francs over the four next years.
The West African Development Bank announced on December 16th in a statement its plan of 1100 billion CFA loans over the period of 2015 […]
Tunisia: IMF disburses a loan of $ 104.8 million
The International Monetary Fund (IMF) has announced recently, in a statement, the disbursement of $ 104.8 million (193, 5 million dinars) for Tunisia. This new […]
Fitch Ratings: “Moroccan banks remain strong despite their international expansion
The Fitch rating agency, the leader in financial information services has estimated, in a statement issued on 15th December that the Moroccan banking sector remains […]
Banker Awards 2014: Ecobank Cameroon, “the best bank of the year 2014
Banker, the banking group of Financial Time magazine has recently published the results of its “Banker Awards 2014”. According to the ranking, it’s the Cameroonian […]
South Africa’s economy would present “significant risks” According to the IMF
The International Monetary Fund (IMF) has published a recent report to analyze the South African economy. In the report, The IMF believes that the growth […]