Johann Rupert-backed Fund raises $ 345 Mln for Africa
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 […]
Africa
Senegal: Google opens Creativ Lab in Dakar for YouTube content creators
Innovation is playing an increasingly important role in Africa’s ICT sector. One key area is the creation of ICT products, labs and networks. In this […]
China Wu Yi Co to build roads in Kenya, Uganda and Ethiopia for $ 73 million
The construction firm China Wuyi Co Ltd announced on Monday it had won $73.2 million worth of contracts for the construction of roads in Kenya […]
Kenya: Diamond Trust Bank to open branches in Madagascar and DRC
Kenya’s Diamond Trust Bank (DTB) has announced interests in extending operation in Africa. Ranked Kenya’s seventh biggest bank by assets is planning to use part […]
South Africa: FirstRand obtained a credit facility of $235mln
The South African banking group “FirstRand” has obtained a credit facility of $ 235 million with from nine (9) financial institutions from the Gulf Cooperation […]
Ivory Coast: Tratafric Motors recorded a short-term debt
The Ivorian subsidiary of “Tratafric Motors” has release its financial results of the year 2014 which will be submitted to the general meeting of the […]
Morocco: King Mohammed VI visits several African countries
King Mohammed VI will embark on a tour to West and Central Africa as of Wednesday during which he will visit Senegal, Côte d’Ivoire, Gabon […]
Kenya : President Kenyatta gives Kenyan diplomats urgent task
President Uhuru Kenyatta urged Kenyan ambassadors and high commissioners present at the 17th Biennial conference that they should embark on polishing the image of the […]
Morocco Teams Up with Gulf Investors to build New Mall
Morocco is planning to build a new shopping centre in its capital city of Rabat, near the Bouregreg River which is undergoing a facelift with […]
South Sudan peace talks extended, AU excludes both leaders
Peace talks between President Salva Kiir and his former deputy president cum rebel leader Riek Machar will continue until Friday 0700 GMT after the deadline […]