Shale Gas: End of drilling operations of the pilot wells in Algeria
Drilling operations and compression of shale gas made in the pilot wells in Algeria were completed during this week. Quoted by the Algerian news agency, […]
Finance
Ecobank International Corporate gets a facility of 200 million dollars from Deutsche Bank
The Pan-African banking group Ecobank Transnational Incorporated, announced in a statement signed on 9th December 2014, having mobilized from Deutsche Bank, an unsecured loan of […]
Morocco: Saudi Binladin Group will build the highest tower in Europe and Africa
Saudi Binladin Group is planning to build the highest tower in Europe and Africa in morocco’s town of Casablanca. Situated in the exclusive area of […]
AfDB grants a second funding of 242 million dollars to Africa’s largest solar power plant
The African Development Bank (AfDB) has announced last week, the agreement of two loans for the project of Ouarzazate solar park, located in the south […]
The French Bank SOCIETE GENERALE seeks authorization in Togo
After Madagascar, Equatorial Guinea, Ivory Coast, Benin, Burkina Faso, Guinea, Cameroon, Ghana, Senegal, Chad, Morocco, Algeria and Tunisia, the French bank SOCIETE GENERALE has requested […]
The American Congress will vote an emergency financial envelope for military operations in Iraq
The American Congress will vote for an emergency financial envelop to finance military operations against the organization of Islamic State in Iraq and Syria. The […]
Saudi Arabia will invest two billion dollars in Algeria
Some businessmen of Saudi-Arabia are willing to invest in Algeria more than two (2) billion dollars in four months. The information was given by […]
Ethiopia: Africa’s fastest growing economy prepares first dollar bond
A source has revealed that Ethiopia is preparing to follow the footsteps of Ghana, Kenya Senegal and Ivory Coast by selling its first dollar bond. […]
Deutsche Bank to give Egypt $35 million
Egypt’s Investment Minister Ashraf Salman has met with Sebastian Caulfield, Deutsche Bank’s Board of Directors member overseeing the bank’s investment portfolio. With Egypt aspiring to […]
BADEA to finance $ 50 Million worth African development projects
The Arab Bank for Economic Development in Africa (BADEA) has earmarked $ 49.964 million to finance a number of development projects and technical assistance operations […]