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Finance

Tanzania earmarks $ 2 billion for roads construction in Dar Es-Salaam

May 29, 2015 Steven Addamah 0

The Tanzania government is planning to invest 4.394 trillion shillings ($ 2 billion) to build new road infrastructure and launch a rapid transit bus to […]

Ghana: the government expects 8 to 9% growth by 2017

May 28, 2015 Khalid Al Mouahidi 0

Ghana’s economic growth is expected to rise 3.9% this year to about 8 to 9% in 2017, announced the Ghanaian Finance Minister Seth Terkper, early […]

Equity Bank to open office in DR Congo

May 27, 2015 Steven Addamah 0

Leading kenyan commercial bank, Equity Bank plans to expand to Congo. The Bank’s banking group has announced that it would soon open office in DR […]

IFC and Ecobank to supports SMEs in Africa

May 27, 2015 Steven Addamah 0

IFC, a member of the World Bank Group, and Ecobank Transnational Incorporated, parent company of the Ecobank Group and a leading pan-African full-service banking group, […]

Johann Rupert-backed Fund raises $ 345 Mln for Africa

May 27, 2015 Geraldine Boechat 0

Pembani Remgro Infrastructure Fund, founded by two of South Africa’s richest men, has raised $345 million to invest in electricity generation, transport and logistics in […]

E.U. allocates € 34 million food aid to six African countries

May 27, 2015 Steven Addamah 0

The European Union has announced providing assistance worth €34 million for immediate food aid for the most vulnerable people in Mauritania, Senegal, Gambia, Mali, Niger […]

Egypt: Palm Hills Raises $ 213 Mln in share issue

May 27, 2015 Steven Addamah 0

Palm Hills, Egypt’s second largest listed property developer announced on May 25th that it has raised 1.62 billion Egyptian pounds ($ 213 million) through a […]

Madagascar: EIB grants € 300Mln for roads and electricity

May 21, 2015 Khalid Al Mouahidi 0

The European Investment Bank (EIB) granted a loan of € 300 million to Madagascar for the rehabilitation of roads, power plants and other infrastructure, announced […]

Nigeria: Skye Bank 2015 Q1 pretax profit up 81% in Q1 2015

May 21, 2015 Geraldine Boechat 0

The Nigerian bank, “Skye Bank” has announced on May 19th, in a statement that its first quarter (Q1) 2015 pretax profit climbed up 81 percent […]

Egypt’s CIB posts 38% rise in 2015 Q1 profit

May 20, 2015 Steven Addamah 0

Egyptian banking group Commercial International Bank (CIB) announced on May 13, has recorded consolidated revenues of EGP 2.58bn, up 47% and a net income of […]

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    July 11, 2025 0

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  • El-Sisi and Lourenço Discuss African Security and Bilateral Ties at AU Summit
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