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Finance

DRC: The Central Bank to introduce an interbank payment system

February 17, 2015 Khalid Al Mouahidi 0

The Central Bank of Congo (BCC) has set up a national modernization of the payment system in the Democratic Republic of Congo (RDC). The governor […]

The UN and its partners are seeking nearly $ 2 billion to help Africa’s Sahel region

February 17, 2015 Khalid Al Mouahidi 0

The humanitarian emergency in drought-ravaged West Africa will worsen in coming months as the food crisis, which has already claimed young lives, enters its most […]

Senegal: Japan grant over 2Bln FCFA Food aid to the country

February 17, 2015 Khalid Al Mouahidi 0

The Japanese government has granted last Friday to Senegal government nearly 2,300 billion FCFA of food aid program for fiscal year 2014.The Japanese Ambassador Takashi […]

Ivory Coast to become the next Gold Coast in Africa

February 16, 2015 Khalid Al Mouahidi 0

Ivory Coast, the largest cocoa producer in Africa as part of the diversification of its economy, is planning to open a gold mine every year […]

Kenya: East African Breweries Limited has increased its result

February 16, 2015 Khalid Al Mouahidi 0

The Kenyan East African Breweries Ltd (EABL) has achieved a solid first half with an increment of 12% of its earnings before taxes of 6.8 […]

Burkina Faso: SOFITEX reaches funding agreement of € 70 million

February 16, 2015 Khalid Al Mouahidi 0

Burkina Faso’s company of textile fibers (SOFITEX) continues to seek for funding on behalf of the new cotton season. The company has finalized on the […]

Togo will use its first 4G network in 2015

February 16, 2015 Khalid Al Mouahidi 0

After introducing the first 3G broadband network in Togo in 2010, the mobile phone company Togocel has announced this weekend the introduction of 4G network […]

Algeria to reach 151 Bln m3 of natural gas by 2019

February 13, 2015 Khalid Al Mouahidi 0

The production of natural gas from Algeria would reach 151 billion m3 by 2019 after a production level of about 131 billion m3 in 2014, […]

Rwanda: The solar plant Agahozo increases national energy capacity by 6%

February 13, 2015 Khalid Al Mouahidi 0

Considered as the largest solar power plant in Central Africa and the East, the Agahozo solar plant, with its 8.5 MW capacity spread over 21 […]

Mozambique recorded 9.6% growth in 2014

February 13, 2015 Khalid Al Mouahidi 0

According to a statement released by the Mozambican government on the 11th February, the economy of the country has grew 9.6% in 2014, a higher […]

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