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Finance

Nigeria: Central Bank has revoked the licences of 21 banks

January 6, 2015 Khalid Al Mouahidi 0

The Central Bank of Nigeria has revoked the licences of 21 banks specializing in real estate lending and microfinance institutions, reports the Nigerian newspaper “This […]

Cape Verde will launch new banknotes this month

January 6, 2015 Khalid Al Mouahidi 0

According to the Cape Verdean weekly Al Semena information, Cape Verde is expected to launch new banknotes of 500 and 5,000 escudos. . The Banco […]

Côte d’Ivoire: BOAD grants 2 billion FCFA for cocoa production

December 30, 2014 Khalid Al Mouahidi 0

Africa weighs 72% of world production of cocoa. But the continent represents only 19% in the processing of this product, which results in a high […]

Mauritania: Moroccan businessmen plan to invest in the country

December 29, 2014 Khalid Al Mouahidi 0

Mauritania offers significant investment opportunities in diverse sectors such as agriculture, industry, housing, water and electricity, said the General Director of the Moroccan Exports Promotion […]

Algeria: $ 60 billion of tax claims to offset the decline in oil revenues

December 26, 2014 Khalid Al Mouahidi 0

The Algerian government will collect an amount of $ 60 billion of tax outstanding debts to offset the decline in oil revenues, said the Minister […]

Abidjan harbor extension: Eximbank provides support of 400 billion FCFA

December 26, 2014 Khalid Al Mouahidi 0

For the modernization and expansion of the Autonomous harbor of Abidjan, the Chinese Export-Import Bank (Eximbank) will provide a loan of 400 billion CFA francs. […]

Tunisia: The World Bank will grant two loans of $ 500 million in 2015

December 23, 2014 Khalid Al Mouahidi 0

The Tunisian’s minister of Economy and Finance Hakim Ben Hammouda, said on the sidelines of a meeting organized by the Tunisian Institute for Competitiveness and […]

Cameroon: the Moroccan group “Alliances” will build eight hospitals and eight hundred social houses

December 23, 2014 Khalid Al Mouahidi 0

Alliances Group consolidates its presence in Africa. It has just signed an agreement with the Republic of Cameroon and Bank Atlantic of Cameroon. The contract […]

Rwanda: Belgium blocks €40 million aid for freedom and governance

December 23, 2014 Geraldine Boechat 0

Belgium has decided to suspend its €160million aid agreement that it signed with Rwanda because the latter has failed to attain the targets agreed upon. […]

Exim Bank extends credit of $ 180 million to expand water systems in Ghana

December 22, 2014 Khalid Al Mouahidi 0

The Government of Ghana has secured a loan of $180 million from the United States Exim Bank to rehabilitate water supply system nationwide. According to Ghana’s Minister of […]

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