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Finance

Burundi: AfDB donates $ 10 million to support economic governance reforms

December 20, 2014 Khalid Al Mouahidi 0

The African Development Bank (AfDB) has granted a loan of US $ 10,249,000 to the Republic of Burundi on the 18th December 2014. The statement […]

Angola: China gives state company $2bn

December 19, 2014 Geraldine Boechat 0

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 […]

Morocco: Attijariwafa Bank borrows € 73 million from AfDB to its expansion plan in Africa

December 19, 2014 Khalid Al Mouahidi 0

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

December 19, 2014 Khalid Al Mouahidi 0

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

December 19, 2014 Khalid Al Mouahidi 0

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

December 19, 2014 Khalid Al Mouahidi 0

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.

December 17, 2014 Khalid Al Mouahidi 0

  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

December 17, 2014 Khalid Al Mouahidi 0

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

December 17, 2014 Khalid Al Mouahidi 0

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

December 17, 2014 Khalid Al Mouahidi 0

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 […]

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