The operator achieved in the first quarter of 2020 an Ebitda (operating margin before depreciation) up 0.7% to 2.602 billion euros. On a comparable basis, the increase reached 1%. Revenues stood at 10.394 billion, an increase of 2.1%, of which 1% on a comparable basis. Sales were driven by solid growth in Africa and the Middle East and growth in the Business segment, France and Europe.
Africa-Middle East: E-commerce development at heart of Ethiopian Airlines-MailAmericas partnership
Ethiopia’s capital, Addis Ababa will serve as a hub to develop e-commerce between Africa and the Middle East, under a...
Infrastructure: AFC receives $162 million from Proparco and DEG
To up its investments in infrastructure projects in Africa, the Africa Finance Corporation (AFC) has just received a $162 million...
United States: Treasury Secretary calls for African debt relief
US Treasury Secretary Janet Yellen called on the international community to provide debt relief to African counties. She was speaking...
Energy: The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Signs Landmark Memorandum of Understanding (MoU) with Abu Dhabi’s Masdar to promote the Origination, Financing and Execution of Renewable Energy Projects
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank...