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Finance

Côte d’Ivoire seeks partners to take over Versus Bank

June 26, 2015 Khalid Al Mouahidi 0

The spokesman for the Government of Côte d’Ivoire has announced in a statement that the government plans to issue an international call for tenders as […]

Togo: Famers to get 600 tons of improved seeds free of cost

June 25, 2015 Khalid Al Mouahidi 0

The next crop season looks promising for Togo’s farmers. The Ministry of Agriculture, Livestock and Fisheries has announced on June 24 that six hundred tons […]

Nigeria: The central bank increases foreign-currency curbs

June 25, 2015 Geraldine Boechat 0

The central Bank of Nigeria (CBN) has curbed access to the interbank currency market for the purchase of foreign currency bonds as well as a […]

Djibouti: Shanghai Electric to construct first wind farm

June 24, 2015 Geraldine Boechat 0

Shanghai Electric won a contract for the construction of Djibouti’s first wind power farm. Djibouti’s Energy Minister in charge of Natural Resources Ali Yacoub Mahmoud […]

Atlas Mara Ltd. to Buy Finance Bank Zambia

June 24, 2015 Khalid Al Mouahidi 0

Atlas Mara Ltd. is in talks to buy the troubled Finance Bank of Zambia Limited (FBZL) from its majority shareholder, Rajan Mahtani, according to a […]

Nigeria’s Central Bank approves initial N152bn release in real sector facility

June 23, 2015 Khalid Al Mouahidi 0

The Central Bank of Nigeria (CBN) has approved an initial N152 billion loan under its newly set up N300 billion Real Sector Support Fund (RSSF) […]

Ghana to receive over € 160 Mln from EU

June 17, 2015 Steven Addamah 0

The European Union (EU) announced earlier this week its decision to resume budget support disbursements to Ghana and Ghanaian Deputy Finance Minister Ato Forson Cassiel […]

Mali: Abu Dhabi Development Fund to finance a hybrid solar energy project

June 15, 2015 Steven Addamah 0

The Abu Dhabi Fund for Development (ADFD) signed a $ 9 million loan agreement with the Malian Government to finance the construction of a hybrid […]

Nigeria: Sanusi to head Blackstone Africa energy fund

June 12, 2015 Khalid Al Mouahidi 0

Blackstone and Black Rhino, the giant private-equity firm, has revealed on Thursday, the appointment of  Lamido Sanusi, Emir of Kano and Former Governor of the […]

CIB banking group bought Citigroup’s retail banking business in Egypt

June 11, 2015 Khalid Al Mouahidi 0

The Egyptian Commercial International Bank (CIB) announced in a statement the acquisition of the retail banking business of the American Citigroup in Egypt. The first […]

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