Société Générale allocates € 4 billion to develop its activities in Africa by 2016
The French bank Société Générale will allocate 4 billion euros of additional capital to accelerate the development of its activities in Africa by 2016, reports […]
Month: April 2015
Ecobank Cameroon lends Camair Co 30 billion CFA francs
The Cameroon subsidiary of the banking group Ecobank has been committed by the Cameroon Airlines Corporation (Camair Co), public airline, to mobilize in consortium with […]
Tunisia: “Monsieur Energie” program will create 25,000 jobs
The Trustee Council of Tunisia in collaboration with the National Agency for employment and self-employment prepares the realization of an energy program that will generate […]
BOAD grants short-term refinancing line to Coris Bank International
The West Africa Development Bank represented by its Chairman Mr. Christian and Idrissa NASSA, CEO of Coris Bank International (CBI), have signed an agreement after […]
Tanzania: National Microfinance Bank income of 2014 up $ 82,560,000
Supported by a strong increase in its interest income, National Microfinance Bank, one of the banks listed on the Dar es Salaam Stock Exchange, the […]
Ghana: Abengoa launches the first water desalination plant in West Africa
In Ghana, the Spanish company Abengoa SA has installed the first water desalination plant in West Africa. The infrastructure, inaugurated by Ghanaian President John Dramani […]
DRC: UN, The illegal traffic of natural resources weighs $ 1.3 billion/year
The United Nations Environmental Programme said in a report that DR Congo, militarized international criminal groups are involved in large-scale trafficking of “ore, gold, wood, […]
South Africa: Ember provides $ 1 billion for the acquisition of 80% of the British Virgin Active
The South African Brait SE offers $ 1 billion to repurchase 80% of the British Virgin Active. The South African investment company has announced on […]
MALI : BOAD supports the creation of a new telecommunications network in Mali
Mr. Christian ADOVELANDE, President of the West African Development Bank (BOAD) and Apollinaire Compaore, President of the Board of Directors of Alpha Telecom Mali (Mali […]
Kenya: Wrigley invests $ 63 million in a manufacturing plant of chewing gum
The US manufacturer of chewing gum Wrigley is building a plant worth $ 63 million in Kenya. Described by Martin Radvin, the president of the […]