Latest News Central Africa
Large-scale distribution
09/10/2019 at 08h53, by Gaëlle Arenson
CFAO Retail opens a 2nd Carrefour Market in Cameroon, plans a first Supeco in early 2020 and a PlaYce in 2021
At the beginning of the year, the retail group introduced the hard discount banner SUPECO to increase...
Agribusiness
07/10/2019 at 15h05, by Africa Business+
Frank Braeken facing economic and social troubles at Feronia in DRC
Congolese born Belgian Frank Braeken, Feronia’s Executive Chairman since 2016 and a former Unilever...
Agribusiness
04/10/2019 at 13h11, by Africa Business+
Somdiaa develops its corn milling business, starting in Congo and Cameroon
Somdiaa, via its Compagnie fermière camerounaise subsidiary, started work in September on the construction...
Maritime transport
23/09/2019 at 16h18, by Gaëlle Arenson
Doubts about TIL’s projections for activity at the Douala terminal
For some port operators, notably APMT-Bolloré, the figures released last week by the Port Authority...
Rail transport
20/09/2019 at 17h04, by Gaëlle Arenson
With Renato Torres, Comilog regains control of Setrag
Comilog has installed Renato Torres at the head of the railway operator less than three months after...
Industry
20/09/2019 at 14h44, by Africa Business+
Suez submits a written proposal for the management of water in Gabon
According to Jeune Afrique Business+, the French multinational with revenues of €17bn ($18.7bn) has...
Maritime transport
17/09/2019 at 09h04, by Africa Business+
TIL pays €37m to secure the Douala container terminal
This amount covers the entry fee paid by the subsidiary of Mediterranean Shipping Company (MSC) when...
Large-scale distribution
16/09/2019 at 16h12, by Aurelie Benoit
Collapse of Afrimarket: “profits hit unprecedented levels in recent months”
Despite a promising track record, several funding rounds and better results in recent months, the West...
Insurance
13/09/2019 at 16h45, by Gaëlle Arenson
Ogar choses Senegal’s AMSA (CFOA) over Wafa Assurance for its capital increase
Reliable Jeune Afrique Business+ sources confirm that discussions had been ongoing for six months.
Maritime transport
12/09/2019 at 16h27, by Africa Business+
Douala container terminal: risks of illegality, TIL and DP World still in the race
Will the tendering procedure for the concession at Douala container terminal from 1 January 2020 (two...
Bank
09/09/2019 at 16h24, by Gaëlle Arenson
BCDC: George Forrest receives a non-binding offer from Kenya’s Equity Group Holdings
The information was confirmed to Jeune Afrique Business+ by a reliable source at Groupe Forrest International...
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