Business

The Cameroonian government has just granted an approval to the Nigerian industrialist, Aliko Dangote for the operation of a quarry of pozzolana in the locality of Tombel, South-west. The piece of news is from our colleagues of APA. For a possibly renewable duration of five years, this approval covers twenty …

The ambition of promoting hotel business and tourism in Benin really means a lot to the members of « Les Saveurs d’ Afrique » group. For this purpose, they reorganize the 3rd edition of « Hotelkeepers Evening » that will be held next December. According to the promoters, this edition will take place in …

DHL Express sub-Saharan Africa got the Top Employers Certification for excellent working conditions offered to its staff in Africa. This Top Employers Certification is added to the one obtained in six African countries (South Africa, Nigeria, Kenya, Uganda, Ethiopia and Ghana) for their respective local markets. An independent study carried …

Nairobi, the capital town of Kenya welcomes from 8th to 10th October Magical Kenya Voyage Expo (MKTE). An exhibition that will gather about 170 representatives of travelling business from 36 countries. Through this exhibition, the Kenyan government would like to show that « Kenya is safe and opened to business« . According …

Twelve (12) billion USD is the paltry sum Aliko Dangote promised to invest in the economy of his country, Nigeria. The fabulously wealthy Nigerian businessman underlined that the financial envelope will be invested in the production of sugar and rice in the State of Adamawa (North Nigeria). By injecting these …

Far from snapshots showing prevailing poverty at epidemic and conflicts, Africa is fast-changing characterized by a sustainable economic growth according to its leaders. During the 2nd Africa Global Business Forum held last week in the United Arab Emirates (UAE), the leaders from Ghana, Rwanda and Ethiopia invited foreign investors to …

Researchers, political decision-makers and development actors coming from Africa and elsewhere, are meeting from 1st to 3rd November in Addis Ababa, Ethiopia in order to explore issues and existing executives in Africa regarding production of knowledge. This meeting is organized within the framework of the 9th edition of the African …

Dangote Industries of the Nigerian billionaire, Aliko Dangote (photo) intends to associate its image with the broadcasting of the « Facetime » program on the American channel, CNN. From the coming 19th October, Dangote Industries is thus going to sponsor this TV program that remains « a program opening a window on business …

Air Côte Ivoire Airline Company intends to operate inside as well as outside Ivory Coast. In order to realize this, it just purchased two new aircrafts bi-turboprops Q400 NextGen for a purchasing contract for 140 million dollars of an excellent commercial profitability. According to the managing staff of the company, …

During the inauguration of the « Maison de l’Entreprise » (Company House) introduced by the Ivory Coast employers, the president of Ivory Coast, Alassane Ouattara invited the banks of Ivory Coast to get more involved in SMEs. According to Mr. Ouattara, financial institutions give less interest to SMEs and consequently, « they should …

The second edition of Africa Global Business Forum will take place on 1st and 2nd October in Dubai with as objective of facilitating a high-level dialogue and supplying advice on the key strategic directives connected to the economic perspectives in Africa, reported our colleagues from APA. Organized by the Chamber …

The specialized recruitment agency, AfricSearch, the African Guarantee Fund and the Ecobank group join together in order to organize the very first edition of « Africa SME Champions Forum » that will be held from next 11th to 12th November in the Senegalese capital town. According to the organizers, it is a …

Radisson Blu Hôtel Abidjan Airport,this is the name of a five star hotel complex that will be opened in March 2015 in Abidjan, the Ivory Coast economic capital town. Started in July 2013, the works will come to an end in next February for the opening of the complex in …

During the Morocco-Guinea Economic Forum organized by the CGEM, the Banque Populaire held on 9th September 2014, business meetings gathering hundred Moroccan companies as so many Guinean companies. More than 300 B to B meetings were held between economic actors of both countries. This interest proves the success of this …

The density and the prosperous economy would have contributed to make of Nigeria a hub of the Information and Communication Technologies (ICTS) in Africa. « The country made substantial progress in the sector of Information and Communication Technologies (ICTS) and has so become the Internet biggest market of the continent ». Dr. …

During a meeting with the Senegalese national press, the managing staff of the investment support fund from the Senegalese abroad (FAISE), indicated that the amount of funds sent by the Diaspora every year to Senegal is estimated at 690 billion FCFA. We should note that this figure takes into account …

African women from the Diaspora intend to actively take part in the economic growth of the continent. And they mobilize themselves in order to play their role on the occasion of the first Economic Forum of the African women from the Diaspora that will be held on 30th September and …

The economic growth of Africa is a reality and the actors remain confident. « African business managers remain optimistic on their perspectives of growth in spite of a still structurally unstable economic environment« , indicated on Thursday the group of audit and advice, Price waterhouse Coopers (PwC). « Business managers in Africa are …

As from next 15th September, Royal Air Maroc (RAM) will proceed to the opening of four (4) new cargo lines for four (4) sub-Saharan African countries. They are among others, Senegal, Mali, Burkina Faso and Niger. In a communiqué from the RAM, « the opening of these four new lines will …

Rwanda keeps its economic position the most competitive of East African region according to a new report by the World Competitiveness Index. The small East African country stands at the third position of the continent after the Mauritius Island and South Africa in the annual report 2014 of the World …

It is an enormous risk the Royal Air Mroc air company is taking in continuing its operations into the West African countries affected by Ebola. This action of solidarity is to be appreciated as far as the remaining airline companies still available in the three West African countries affected by …

The governor of the West African Central Bank (WACB), Tiémoko Meyliet Koné, and president of the West African Development Bank (WADB), Christian Adovèlandé, both have just obtained a new mandate for six (6) years. It was the Beninese president, Boni Yayi that assuming the functions of serving president of the …

According to the GSM Association (GSMA), Tanzania passed in front of Kenya regarding the use of money transfer service by mobile. In terms of subscription to the service, 44 % of adults are registered in the country against 38 % in Kenya. In December 2013, the Tanzanian consumers generated a …

The Indian group of telecommunications, Bharti Airtel signed a contract with the VeriFone Mobile Money Company for the supply of its trade application for payment by mobile « Tap n Pay » in 17 countries of Africa where Airtel operates. According to Chidi Okpala, the manager of Airtel Money, with the VeriFone …

With its success last year, the 4th edition of the Summer school on the mining industries in French-speaking Africa, organized from 18th to 30th August 2014, started last Monday in the Cameroonian capital town. The initiative came from the Center of Excellence for the Governance in the Mining Industries in …

Five hundred million dollars; It is the paltry sum the world leader of company software, Systems Applications Products Societas Europaea (SAP SE) is going to invest in Africa by 2020 according to a communiqué published on Tuesday. This financial envelope will be invested in the skills improvement of the local …

The Spanish exports towards Morocco got an increase of 6,9 % for 2.97 billion euros for the period January-June 2014. For the only June, the Spanish sales in Morocco got a net increase of 21,2 % to reach 580,3 million euros. These figures published on Monday by the Spanish Ministry …

Temporarily transferred from Abidjan to Tunis (Tunisia) in 2003 further to the starting of the military political crisis on 19th September 2002, the African Development Bank (ADB) is back to its initial head office in Abidjan.   This return was conditioned 1 year ago by the return of peace in …

A new fund was just established by the African Development Bank (ADB) in Morocco at the Casablanca Finance City financial place.   It is called « Africa 50 » Fund, intended for the financing of infrastructures in Africa.   According to a communiqué published on Monday by the Moroccan Ministry of Economy …