Tunisian abderaouf_cherif

IsDB grants Côte d’Ivoire $195m credit facility for road construction project

Côte d’Ivoire has received from the Islamic Development Bank (IsDB) a financing credit worth $195 million for the construction of a 74km-long road inscribed in the National plan of development, Sika reports. The credit line will finance Bouake-Darakokaha express road, a section of the planned 1,300 km long road project Abidjan-Ouagadougou (Burkina Faso), to cost […]

Morocco’s CFG Bank seeks Casablanca listing

CFG Bank, one of the smallest banks in Morocco, plans to issue an initial public offering at the Casablanca stock exchange. The decision was made by the bank’s general assembly with the aim to raise 600 million dirhams through a capital increase at the stock exchange. CFG will issue new shares with a par value […]

ENI begins construction of photovoltaic plant in Tunisia

The Italian energy giant ENI has started the construction in Tunisia of a 5 MW facility at the ADAM oil concession in which it has a 25% stake. The project aims to establish a state-of-the-art hybrid power generation system with battery storage devices, to enable efficient integration with existing turbines. The project, being developed with […]