ECONOMY

Articles about the economy in African countries

The Islamic Corporation for the Development of the Private Sector (ICD), Türkiye Wealth Fund and Catalyst Group cooperate to develop mortgage sector of Turkey

Türkiye Wealth Fund (“TWF”) (www.TurkiyeVarlikFonu.com.tr), The Islamic Corporation for the Development of the Private Sector (“ICD”) (www.ICD-PS.org), the private sector arm of IDB Group, and Catalyst Group (“Catalyst”) have entered into a Joint Strategic Collaboration to develop the mortgage sector in Turkey. The collaboration will focus on identifying specific primary and secondary market interventions which […]

Categories: AFRICA, ECONOMY | Tags:

The Nigerian Stock Exchange X-Gen News Alert – e-Tranzact International Plc

Company Name: e-Tranzact International Plc (http://eTranzact.com) Company Symbol: ETRANZACT [ETRANZACT]>> Company Report eTranzact International Plc 31/03/2017 31/03/2016 N’000 N’000 Revenue 2,829,577 2,263,309 Gross Profit 464,948 596,512 Operating Profit 94,551 174,830 PBT 125,471 218,314 Taxation 40,151 69,861 PAT 85,320 148,454 Distributed by APO on behalf of The Nigerian Stock Exchange Corporate News. X-Gen News Alert offers […]

Categories: AFRICA, AFRICAN COUNTRIES, ECONOMY, Nigeria | Tags:

Germany and IMF Strengthen Capacity Development Cooperation in Africa

The IMF welcomes Germany’s commitment to strengthening its collaboration with the IMF on capacity development. Wolfgang Schäuble, Germany’s Federal Minister of Finance and Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today signed a Letter of Understanding whereby the German Ministry of Finance will provide €15 million in support of the IMF’s capacity […]

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The Nigerian Stock Exchange X-Gen News Alert – Lafarge Africa Plc.

Company Name: Lafarge Africa Plc. (www.Lafarge.com.ng) Company Symbol: WAPCO [WAPCO]>> Company Report Lafarge Africa Plc Unaudited Financial Statements for the Period Ended 31 March 2017 YTD March 2017 YTD March 2016 N’000 N’000 Turnover 81,310,510 52,420,896 Cost of Sales (60,416,218) (44,640,480) Profit before Tax 9,446,052 (2,215,662) Taxation (4,284,966) 342,664 Profit after Tax 5,161,086 (1,872,998) Earnings […]

Categories: AFRICA, AFRICAN COUNTRIES, ECONOMY, Nigeria | Tags: