Latest News West Africa

Telecoms & Media

18/11/2019 at 17h15, by Valentin Grille

In Côte d’Ivoire, Souleymane Diakité Coty takes over as head of the telecoms regulator

The former Minister for Communication was appointed at the meeting of the Council of Ministers on 13...

Land transport

18/11/2019 at 17h14, by Pierre-Olivier Rouaud

Nigeria: billionaire Zhang Lei backs Kenya’s Lori Systems

Operating a digital platform to match supply and demand for transport services, the company founded...

Renewable energies

15/11/2019 at 17h09, by Africa Business+

Electricity: Azura acquires the Tobène power plant in Senegal

Nigerian energy group Azura Power has taken over the Tobène power plant in Senegal that was previously...

Bank & Insurance

14/11/2019 at 17h12, by Gaëlle Arenson

BOA/Wema Bank MoU: “We have no plans to take over the Nigerian bank.”

The memorandum of understanding signed last month between the subsidiary of BMCE Bank group and Wema...

Mines

14/11/2019 at 16h29, by Christophe Le Bec

No bid from Eramet for Tambao “unless the security situation improves” (C. Bories)

Jeune Afrique Business+ spoke to the mining group’s CEO about several key projects in Africa.

Mines

13/11/2019 at 17h20, by Gaëlle Arenson

SMB obtains blocks 1 and 2 at Simandou: China Railway vying for the Trans-Guinean

As reported by Jeune Afrique Business+ on 22 October, China Railway Construction Corp (CRCC) is expected...

Bank

13/11/2019 at 16h44, by Africa Business+

Nigeria: Visa to clinch its entry into the capital of Interswitch (Mitchell Elegbe, Helios, TA Associates, IFC) by early 2020

The investment gives the Nigerian electronic payments company a market capitalisation of $1bn. It is...

Development Bank

08/11/2019 at 17h31, by Africa Business+

How Faure Gnassingbé convinced the IFC to open an office in Lomé

The lender’s arrival in Togo, which was made official last week, should be accompanied by a revival...

Bank

07/11/2019 at 17h52, by Africa Business+

Banker Dramane Bazie at the helm of the Burkina Faso subsidiary of Cofina (Jean Luc Konan)

The rapidly expanding financial group founded by Ivorian Jean-Luc Konan has appointed banker Dramane...

Industry

07/11/2019 at 17h43, by Gaëlle Arenson

Dangote Industries Ltd to produce phosphate fertilizers with Togo ($2 billion)

The Nigerian billionaire is also planning to set up a $60 million cement plant in Togo.

Telecoms

07/11/2019 at 17h31, by Gaëlle Arenson

Skadden, White & Case and KPMG advise Axian (H. Hiridjee) and ECP on the acquisition of 51% of Togocom

The national telecoms operator which signed an agreement for the privatisation of 51% of its capital...

Construction & Infra

06/11/2019 at 17h33, by Africa Business+

MSC and Hapag-Lloyd bank on the Port of Tema

The new terminal operated by Meridian Port Services (MPS) (35% Bolloré Ports, 35% APM Terminals, Maersk...

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