Egyptian mobile telecom operator Mobinil will pay a higher-than-expected dividend for the second half of 2009 and said it was still set on buying the internet unit of one of its main shareholders.
Egypt delays decision on cement licence cancellation Egypt has postponed until next Tuesday a decision on whether to either reinstate or confirm the cancellation of two cement licences, a government official and a cement executive said.
Morocco's Credit Agricole sees strong growth in 2010 Morocco's Credit Agricole, the country's fourth largest in terms of assets, will remain on a strong growth path this year after profit jumped 36 percent in 2009, its chief executive officer said on Wednesday.
Egypt's Raya uses tech skills to diversify Egypt's Raya Technology and Communication aims to diversify into logistics to tap demand in a relatively virgin market as it shifts away from its main technology businesses, the firm's chairman said.
Kenya's Co-op Bank doubles its 2009 dividend Kenya's Co-operative Bank posted a rise in pretax profit for 2009 and doubled its dividend per share to 0.2 shillings, the bank said on Thursday.
Sanlam FY profit up, sees further growth in 2010 South Africa's second-biggest insurer Sanlam lifted 2009 profit thanks to better returns on equity investments and as it built up new customers while existing clients kept their insurance policies.