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Month: April 2015

Tanzania: METL Group to invest $ 250 million in Africa

April 27, 2015 Khalid Al Mouahidi 0

Mohammed Enterprises Tanzania Ltd (METL Group) is planning to invest $ 250 million in Africa in order to benefit from the growth of the middle […]

Togo Elections: Faure Gnassingbe Firm favorite

April 25, 2015 Geraldine Boechat 0

Togolese incumbent President Faure Gnassingbe, 48, in power since his father Gnassingbe Eyadema passed away in 2005, is presented as a firm favorite in the […]

Libya won’t cooperate with EU on illegal migration, General Haftar

April 25, 2015 Khalid Al Mouahidi 0

Khalifa Haftar, the head of the army under the command of the international recognized government based in Tobruk, has stressed that Libyan authorities will not […]

Egypt: Morsi and Co. sentenced, a more revolutionary Brotherhood being revived  

April 22, 2015 Khalid Al Mouahidi 0

Egypt’s first democratically elected president, Mohamed Morsi, who was later on ousted from power after a year by President Sisi has been sentenced by the […]

Egypt: EFG-Hermes to increase its capital

April 22, 2015 Khalid Al Mouahidi 0

The Egyptian investment bank EFG-Hermes has announced on April 20th in a statement that it would launch a capital increment of 391.83 million Egyptian pounds. […]

Nigeria: Wema Bank’s pre-tax profit rises 4% in Q1 2015

April 22, 2015 Khalid Al Mouahidi 0

The Nigerian bank Wema Bank has announced on April 22nd, in a statement, a pre-tax profit of 615.28 million naira ($ 3 million) in the […]

Algeria’s deficit in the trade balance has reached $ 1.73 billion in 1Q 2015

April 22, 2015 Khalid Al Mouahidi 0

The trade balance of Algeria has recorded a deficit of $ 1.73 billion in the first quarter of 2015, against a surplus of $ 1.83 […]

Air Côte d’Ivoire to invest $ 69 million for two Bombardier Q400

April 22, 2015 Khalid Al Mouahidi 0

The Canadian aircraft manufacturer Bombardier has announced in a statement issued on the 13th April that Air Côte d’Ivoire, the national airline of the Republic […]

Ebola-hit countries call for $8 bn for ‘Marshall Plan’

April 21, 2015 Khalid Al Mouahidi 0

The three countries most affected by the epidemic of Ebola, Guinea, Liberia and Sierra Leone have asked on April 17th in Washington, an international aid […]

Algeria warns Azawad of consequences if agreement ignored

April 21, 2015 Geraldine Boechat 0

An Algerian diplomatic source has claimed that Algiers will toughen its stance against Azawad political factions that do not sign the peace agreement with the […]

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