Author: Editor

Mediterrania Capital Partners supports KMR Holding Pedagogique in building the largest private higher education platform in Morocco and French-speaking Africa. Barcelona / Malta. Mediterrania Capital Partners, a private equity fund dedicated to the growth of SMEs in North Africa and sub-Saharan Africa, announces, in collaboration with its investment partner DPI, the acquisition of the International University of Casablanca (UIC) via KMR Holding Pedagogical, subject to regulatory approvals. Founded in 2010 by Laureate Education, the world’s largest network of institutions Higher Education, in order to meet the growing needs of higher education in Morocco, UIC became during this period the first…

Consultations, led by the Chairperson of the African Development Bank Group, Akinwumi Adesina, were held, 11 and 12 January 2018, in Abidjan, Côte d’Ivoire, between, respectively, the governors of West and Central Africa and the senior management of the institution. These are the first consultations of this nature since the creation of the Bank in 1963. “The Bank’s Annual Meetings were previously the only forum for discussion and exchange between you, governors, and senior management. We have decided to make this annual consultation format a second opportunity to listen to you, to benefit from your wise advice and to discuss…

Injaro announces an investment in AviNiger, a poultry company that meets animal welfare standards. AviNiger will provide quality consumer eggs and help reduce the protein deficit in Niger. Injaro invests with BIO, the Belgian Investment Company for Developing Countries, in a Nigerian company to build a state-of-the-art egg farm with an annual capacity of over 35 million eggs in Niamey. This investment will make AviNiger the leading egg producer in Niger. The farm will be equipped with a poultry and livestock production unit with a capacity of 30 000 tonnes. The production of the plant will provide quality and accessible…

GH Management Consultants is suspended for 15 months of all tenders from theAfrican development bank. The African Development Bank Group (ADB) announced that 16 January 2018 has entered into a negotiated agreement with GH Management Consultants and its managing partner, Mr. Georges HANIN. An investigation by the AfDB Integrity and Anti-Corruption Bureau revealed that GH Management Consultants engaged in fraudulent practices as part of its participation in a competitive bidding process. consulting services for the Institutional Support Project in Statistics and Public Finance and during the subsequent execution of the same contract. The Institutional Support Project in Statistics and Public…

Allianz announced, the 16 January 2018, the appointment of Joerg Weber, aged 49 years and German nationality to the post of General Manager of Allianz Morocco, effect of 1ernext February. As part of his new role, Joerg will be responsible for strengthening the presence of Allianz Morocco and pursue the ambition to double the market share of the Company. He will report to Coenraad Vrolijk, CEO of Allianz Africa. Joerg began his career at Dresdner Bank AG in 1987. He later joined McKinsey in 1996 as an Engagement Manager. Since 2002, he has held various positions at Allianz Finance and…

Thus, after five years of investments and the contribution of two partner current accounts for a total amount of 47 000 euros, FADEV is now reselling its participation in Comoé Capital, a local investment fund supported by Investors. and Partners. FADEV, alongside its local partner in Côte d’Ivoire, the CCDE, has allowed Vallesse to fully meet its development objectives, which now gives way to new growth prospects. This is an important milestone for FADEV, which has thirteen years of experience in solidarity investments in Africa.

Dakar, 12 January 2018- The BBC Africa workers, all dressed in black, with red armbands on their arms, protested against the management’s delay on their platform of demands. At their weekly editorial meeting, all the BBC’s French service journalists, black-clad, standing, and red armbands attached to the left arm, denounced by their silence the disregard of their management for their demand for salary increases and their living conditions, sold out at the breakout. “It’s a warning that we launch as on the road when the traffic light is at the Orange. When we go to the Red, it can last…

CNR and CSR, the two largest Chinese manufacturing companies of high-speed trains (TGV) have announced their upcoming merger, the 9th of March 2015. This marriage will calm internal competition and allow them to quietly conquer external markets. Their focus is five African countries: Angola, Ethiopia, Nigeria, Kenya and Zimbabwe.

Translatd from French by Liana Cramer On Monday January 2nd, Nigerian President Goodluck Johnathon narrowly escaped an attack that occurred in a stadium just outside his meeting. A bomb exploded as President Goodluck Johnathon’s convoi proceeded from the stadium. This explosion, in the city of Gombe, killed two people.

Translated to French by Liana Cramer According to a study by Karen Grepin, a public health expert from New York University, about $2.9 billion have been promised to fight the Ebola outbreak in West Africa, but only 40% have actually reached countries affected by the disease.

Uganda-based Pearl Capital Partners, a venture capitalist in agribusiness, announced that it had launched its Africa Agricultural Capital Fund worth around KES2.2 billion.

  Le groupe français Colas Rail et sa filiale Colas Rail Maroc ont remporté, en groupement avec Egis Rail, le contrat de conception-construction de la Ligne à Grande Vitesse (LGV) entre Tanger et Kenitra, portant sur 185 kilomètres de voies doubles. Les travaux de construction concernent les voies ferrées (études et travaux), les caténaires et...