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Month: February 2015

Senegal: World Bank grants $ 40.5 million to strengthen the system of social safety nets

February 25, 2015 Khalid Al Mouahidi 0

The World Bank has announced in a statement this week that it have granted to Senegal a loan of $ 40.5 million through the International […]

Zimbabwe: Delta Beverages to increases production of Chibuku beer

February 25, 2015 Khalid Al Mouahidi 0

Zimbabwe Exchange-listed Delta Beverages is investing $11 million towards the upgrading of its Chibuku plant in Bulawayo, which is expected to be operational by May […]

Guinea Bissau becomes Afreximbank’s 37th member

February 25, 2015 Khalid Al Mouahidi 0

Guinea-Bissau has become the 37th country of the African Export-Import Bank (Afreximbank), announced on 20th February, the financial institution created in October 1993 to finance […]

Ghana to seal deal with IMF before April

February 25, 2015 Khalid Al Mouahidi 0

A financial and technical support deal is expected to be reached between the International Monetary Fund (IMF) and Ghana before April. The government has claimed […]

Angola: Fertil Vale to invest One billion dollars in the phosphate of Mucula

February 25, 2015 Khalid Al Mouahidi 0

Vale Fértil, Lda, the Angolan subsidiary of Israeli group LR, may invest US$1 billion in a project to mine and process phosphates in the Lucunga […]

Afreximbank grants € 159 million loan to four Ivorian public companies

February 25, 2015 Khalid Al Mouahidi 0

After signing in September 2014 an agreement for the opening of a branch of the institution in Abidjan, the African Export-Import Bank (Afreximbank) has said […]

DR CONGO to fight FDLR alone, AU not happy

February 24, 2015 Steven Addamah 0

The African Union (AU) is urging the Democratic Republic of Congo to reconsider its position and agree to cooperate with United Nations Organization Stabilization Mission […]

Liberia: Post-Ebola agenda needs support to avoid “a global menace”

February 23, 2015 Geraldine Boechat 0

Liberia has lifted the overnight curfew that has been in place since August and also opened its border with Sierra Leone as the country prepares […]

Togo: Ferrex to exploit the manganese of Nayega

February 23, 2015 Khalid Al Mouahidi 0

The British mining group Ferrex Plc is planning to exploit the Togolese manganese in the coming months. The group has announced on February 9th completing […]

Zambia Sugar: $ 82 million to increase sugar production

February 23, 2015 Khalid Al Mouahidi 0

The subsidiary of the South African Illovo Sugar, Zambia Sugar has reported the details of a major project of expansion to increase the production capacity […]

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