Wednesday, Mar 04, 2015  
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Top African Business and Finance News
BOAD is raising XOF115 billion to support the 2014-2015 cotton season in Benin
African Press Organization - APO - 20 Feb, 2015
COTONOU, Benin, February 20, 2015/African Press Organization (APO)/ -- For the third consecutive year, the West African Development Bank (BOAD) (http://www.boad.org) in its capacity as Arranger, is raising funds to support the cotton season in Benin. The Agreement relating thereto was signed by and between Mr. Christian Adovelande, President of BOAD and the Managing Director of the Office national de soutien des revenus agricoles (National office for farm income support) (Borrower) and the Managers of local banks involved in the transaction.
 
Louis Berger wins $7.6 million project to boost transportation in southern Africa
African Press Organization - APO - 20 Feb, 2015
MAPUTO, Mozambique, February 20, 2015/African Press Organization (APO)/ -- The Sub-Saharan Regional Pipeline Corporation, Ltd. (SSRPC) recently selected Louis Berger (http://www.louisberger.com) to provide $7.6 million in consultancy services for the rehabilitation of National Road N303 in Mozambique. SSRPC is investing $350 million to transform an approximately 350-kilometer-long narrow and unpaved carriageway into a modern road that crosses the Tete province and ends at the Zambezi River, where Mozambique, Zambia and Zimbabwe have a common border.
 
First VMK store opens in Abidjan
African Press Organization - APO - 19 Feb, 2015
ABIDJAN, Côte d'Ivoire, February 19, 2015/African Press Organization (APO)/ -- VMK (http://www.vmktech.com), a company founded by Vérone Mankou, the Congolese entrepreneur behind the first tablet made in Africa, announced the opening of its first VMK store in Abidjan on 19 February 2015. Located in the Treichville commune at Zone 3 C, Immeuble Rive Gauche, this point of sale " which will exclusively sell products from the VMK range " marks the beginning of the Congolese company's expansion beyond its borders.
 
Is transmission the cancer of Africa's electricity market?
African Press Organization - APO - 18 Feb, 2015
NAIROBI, Kenya, February 18, 2015/African Press Organization (APO)/ -- As we witness utilities across the continent struggling to acquire and evacuate electricity sufficient enough to reach a base-load, transmission is fast-proving the biggest barrier to energy access across Africa.
 
Oil & Gas explorers need to rethink their capex on exploration activity in Africa in the light of the drop in the global oil price: PwC analysis
African Press Organization - APO - 17 Feb, 2015
JOHANNESBURG, South-Africa, February 17, 2015/African Press Organization (APO)/ -- Oil & gas explorers must rethink their capital expenditure on exploration activity across the African continent in the wake of the significant drop in the global oil price, according to an analysis on the oil & gas industry in Africa released by PwC today (http://www.pwc.com). "Oil & gas explorers will be relooking at their budgets and deciding where to allocate their limited capital spend given the substantial decline in the oil price. Overall, low oil prices could have an impact on production undermining certain players in the market," warns Chris Bredenhann, PwC Africa Oil and Gas Advisory Leader.
 
The Smartphone Infinix Hot for the First Time in Côte d'Ivoire Available Exclusively on Jumia
African Press Organization - APO - 13 Feb, 2015
ABIDJAN, Côte d'Ivoire, February 13, 2015/African Press Organization (APO)/ -- The smartphone Infinix Hot marks its arrival in Côte d'Ivoire exclusively on JUMIA (https://www.jumia.ci), the first online shopping destination in Côte d'Ivoire. The new smartphone with incredible specifications will be available on JUMIA from February 13 at an un-precedented price for this level of performance.
 
 
Africa Market Roundup
Botswana 8,664.65 -11.96 -0.14% 12July
Cote dIvoire 262.70 +1.39 +0.53% 03Mar
Egypt 9,461.06 -14.21 -0.15% 04Mar
Ghana 2,177.90 -1.10 -0.05% 03Mar
Kenya 5,461.08 -13.37 -0.24% 04Mar
Malawi 14,971.01 +0.00 +0.00% 04Mar
Mauritius 6,588.38 -13.27 -0.20% 04Mar
Morocco 10,460.62 -1.42 -0.01% 27Feb
Nigeria 30,614.93 +13.80 +0.05% 04Mar
Rwanda 143.39 +0.20 +0.14% 02Oct
Tanzania 2,602.19 -30.74 -1.17% 28Oct
Tunisia 4,624.39 -39.32 -0.84% 07Mar
Uganda 2,097.38 -0.66 -0.03% 26Feb
Zambia 6,148.98 +0.00 +0.00% 04Mar
Zimbabwe 166.13 -0.77 -0.46% 04Mar
 
 
 
 
 
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Americas Market Roundup
Brazil 53,738.00 -44.00 -0.08% 27Sep
Jamaica 84,371.49 +378.51 +0.45% 30Sep
Trinidad and Tobago 1,898.67 -0.87 -0.05% 30Sep
United States of America 9,107.04 +36.60 +0.40% 28Mar
 
 
 
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Asia Pacific Market Roundup
Bangladesh 14,316.78 -20.78 -0.14% 04Mar
Hong Kong 22,299.63 -165.19 -0.74% 28Mar
India 7,767.85 +83.65 +1.09% 22July
Indonesia 5,474.62 -3.21 -0.06% 03Mar
Malaysia 14,037.70 +73.60 +0.53% 07Mar
Mauritius 6,588.38 -13.27 -0.20% 04Mar
Nepal 983.49 +2.07 +0.21% 04Mar
Pakistan 33,242.94 +54.17 +0.16% 04Mar
Singapore 3,136.26 +7.09 +0.23% 07Mar
South Korea 4,218.26 -10.49 -0.25% 07Mar
Sri Lanka 7,202.20 -32.72 -0.45% 04Mar
Taiwan 7,296.28 +126.67 +1.77% 29June
 
 
 
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Europe Market Roundup
Cyprus 84.64 -0.22 -0.26% 31July
France 2,662.68 +26.72 +1.01% 31July
Greece 884.60 +17.70 +2.04% 31July
Israel 1,094.06 +0.90 +0.08% 31July
Italy 17,503.70 -56.17 -0.32% 31July
Norway 330.47 +0.38 +0.12% 27Feb
Spain 8,433.40 -23.10 -0.27% 31July
 
 
 
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Middle East and North Africa (MENA) Market Roundup
Bahrain 1,194.90 +2.67 +0.22% 31July
Egypt 9,461.06 -14.21 -0.15% 04Mar
Iraq 116.44 +0.60 +0.52% 31July
Israel 1,094.06 +0.90 +0.08% 31July
Jordan 1,956.52 -7.73 -0.39% 31July
Kuwait 8,070.17 +5.95 +0.07% 31July
Lebanon 1,154.89 +1.43 +0.12% 31July
Morocco 10,460.62 -1.42 -0.01% 27Feb
Oman 6,643.34 -29.24 -0.44% 31July
Palestine 473.16 -2.12 -0.45% 31July
Qatar 9,704.98 +37.62 +0.39% 31July
Saudi Arabia 7,915.11 +51.28 +0.65% 31July
Tunisia 4,624.39 -39.32 -0.84% 07Mar
United Arab Emirates 2,588.53 +23.99 +0.94% 31July
 
 
 
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