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North Africa Investment News. Service for global professionals. Constantly updated news and information about North Africa Investment.
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  • Egypt's Beltone Financial sets up Libya subsidiary 23 Nov 2009 03:12 GMT
    ... eight months TRIPOLI, Nov 22 (Reuters) - Egyptian investment bank Beltone Financial has begun operations ... investment culture," Hilal said. The oil-rich North African country remains largely unaffected by the global ... Libya offers the best growth prospects in North Africa," Sara Hassan, Middle East and North Africa ...

  • Libya to make four IPOS in 2010, sell state firms 23 Nov 2009 01:32 GMT
    ... * Libya to make IPOs in four state firms ... over the past period." Libya, home to Africa's biggest proven oil reserves, has attracted a ... become one of the most active in North Africa and the Arab region," said Seleem ...

  • Hungry for Opportunities, European Investors Eye Africa's Unlisted Firms 23 Nov 2009 14:00 GMT
    ... investors are hungry for shares in unlisted African firms and could provide the needed shot ... untapped opportunities. The time is right to invest in Africa, "he told the London summit. ... in investments in the Middle East and North Africa, according to equity tracker Private Equity ...

  • UPDATE 1-Egypt's Citadel lists shares, eyes rights issue 23 Nov 2009 11:32 GMT
    ... Citadel Capital has listed its shares on Egypt's stock exchange in preparation for a likely ... its investments in Middle East and East African countries, especially those with big domestic markets such as Algeria, Egypt, Sudan, Ethiopia and Kenya. "Following the ...

  • Algeria says to open solar panel factory 23 Nov 2009 12:14 GMT
    ... 23 (Reuters) - Oil and gas producer Algeria is to build a plant to manufacture ... as Desertec, to generate solar power in North Africa and export it to Europe. Algerian Energy ...

  • Egypt's Citadel lists shares 23 Nov 2009 14:11 GMT
    ... Citadel Capital has listed its shares on Egypt’s stock exchange in preparation for a likely ... its investments in Middle East and East African countries, especially those with big domestic markets such as Algeria, Egypt, Sudan, Ethiopia and Kenya. ”Following the ...

  • French and Spanish firms aim to give Gide a run for its money in Morocco 23 Nov 2009 10:17 GMT
    ... Morocco may be pushing hard for UK investors, ... in setting its sights on the North African country, with the past few years seeing ... mall, which will be the largest in North Africa. I think the demand comes from ...

  • Libya to Sell Stakes in State Owned Mobile Networks 23 Nov 2009 14:03 GMT
    ... >> >> This Article Libya to Sell Stakes in State Owned Mobile ... become one of the most active in North Africa and the Arab region," Seleem Naas, chairman ...

  • Stop Acquisition of Farmland in Africa Gaddafi 23 Nov 2009 06:59 GMT
    ... LIBYA: Stop Acquisition of Farmland in Africa Gaddafi Written By:CISA , Posted: Mon, Nov ... to call them land grabs. These are investments in farmland like investments in oil exploration. ...

  • Iraq passes key investment law, focus on housing 23 Nov 2009 15:53 GMT
    ... * Iraq's investment law allows foreign firms to own land ... senior real estate analyst, Midde East and north Africa at UBS in Dubai. The new law, ...

  • Obama in China, China in Africa 23 Nov 2009 05:53 GMT
    ... Chinese economic leaders are just returning from Egypt, where a two-day forum on China-Africa Cooperation was held. China has agreed to increase ... a high price last year China invested $9 billion in Congolese infrastructure, and got ...

  • Egypt's Citadel Capital plans share listing 23 Nov 2009 11:50 GMT
    ... Egyptian private equity firm Citadel Capital plans to ... expand. According to a report from Egyptian investment bank HC Capital, Citadel intends to undertake ... Hassan Massoud to head the firm's East African office as it pursues growth opportunities across ...

  • Visa Celebrates Landmarks in Egypt 23 Nov 2009 15:50 GMT
    ... hosted a special dinner reception for all Egyptian client financial institutions to celebrate achieving five ... encouraged banks to approach new fields of investment and expand retail banking services. This has ... Elhousseiny, Visa General Manager North and West Africa. Visa products can promote transparency and accountability, ...

  • Apollo Hospitals plans facility in Africa 23 Nov 2009 13:34 GMT
    ... is planning to build a hospital in Africa in the next two years. Talks are ... also on with Tanzania, Uganda, Malta and Libya, said an official of the group. The Nigerian ... The group did not give details of investment or the size of the facility saying ...

  • Van Eck Has Plans For Egypt, Kuwait ETFs 23 Nov 2009 08:58 GMT
    ... new Market Vectors ETFs aimed at giving investors single-country exposure to the Middle East with ... Middle East with an ETF for tracking Egyptian stocks and one for Kuwait's equity market. Both ... all are thinly traded. The Market Vectors Africa ETF (NYSE: ) is the most liquid and ...


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