The company's stock is being removed from the market, and two top managers have lost their jobs in the scandal of the Madinat Badès real estate project.
- Wednesday, 04 March 2015 11:54
Electronic payment service companies, Visa and MasterCard have launched card services aimed at Africa's growing mobile payment industry.
- Wednesday, 04 March 2015 09:50
Egypt's cabinet approved a long-awaited draft law on investment on Wednesday, the prime minister said, aimed at making deals less vulnerable to legal disputes or changes in government, and reducing stifling bureaucracy.
- Tuesday, 03 March 2015 09:38
- Helen Nyambura-Mwaura in Johannesburg
Barclays Africa Group has applied for a Nigerian banking licence and wants to take over the Egypt and Zimbabwe units still ran by its parent company, it said on Tuesday after reporting higher profits.
- Monday, 02 March 2015 17:11
- Nicholas Norbrook
Morocco's government has poured billions of dirhams into giving the North a facelift – new bus routes, better roads, better security. When you add this to an economic boom driven by the huge Tanger-Med port complex and car factories, you have a new dynamic in a once decrepit region.
- Friday, 27 February 2015 12:14
- Karin Strohecker
Egypt could raise as much as $2 billion through a Eurobond this year and expects economic growth of close to 7 percent in three years' time, Finance Minister Hany Kadry Dimian said on Friday.