Mali: Abu Dhabi Development Fund to finance a hybrid solar energy project
The Abu Dhabi Fund for Development (ADFD) signed a $ 9 million loan agreement with the Malian Government to finance the construction of a hybrid […]
Month: June 2015
Cotton: Burkina Faso to reach its 800,000t target according to Ecobank
The production target of 800.000 tons of cotton, set at the beginning of the campaign by the Inter-professional Cotton Association (AICB) of Burkina Faso is […]
King Mohammed VI, a leader who believes in the African miracle
King Mohammed VI of Morocco wound up on Friday his several-day African tour that took him successively to Senegal, Guinea Bissau, Côte d’Ivoire and Gabon, […]
Cameroon: MTN borrows CFA 60 billion to expand its 3G network
South Africa’s MTN, Cameroon’s leading mobile provider with nearly 10 million subscribers or about 60 percent of the market, said it has obtained a syndicated […]
Sinosteel, Tosyali to launch a $508Ml steel plant in Algeria
The Chinese company Sinosteel Engineering & Technology Co., Ltd. announced that its wholly-owned subsidiary sealed a contract with North Africa Tosyali Iron & Steel Industry […]
Nigeria: Sanusi to head Blackstone Africa energy fund
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 […]
Ghana needs $15 bln over 10 yrs to close infrastructure gap, Vice President
Ghana’s Vice President Kwesi Amissah-Arthur said at a forum of financial sector operators and private entrepreneurs in Dakar that Ghana requires some 15 billion dollars […]
Gabon to issue $ 500 million Eurobond to finance infrastructure projects
Gabon plans to raise at least $500 million via a new 10-year Eurobond at a 6.95% interest rate to fund infrastructure projects that will help […]
Energy : American Capital invests $ 85Mln in Senegal’s wind power project
American Capital Ltd., a private equity firm agreed to provide $85 million to help build the first utility-scale wind-power project in Senegal. American Capital Energy […]
CIB banking group bought Citigroup’s retail banking business in Egypt
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 […]