IMF reduces the debt of Guinea
The International Monetary Fund (IMF) has announced on March 26th, that the institution has reduced the debt of Guinea for 29.8 million. This was achieved […]
Finance
Zimbabwe : Telecel officials to discuss with the government
Since February, representatives of Telecel International (TI), are in Zimbabwe to discuss with the government on ways and means that could be implemented to prevent […]
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 […]
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 […]