Zain Kuwait: Latest Acquisition
Zain Kuwait eyes acquisition of Kuwait-based Mada Communications.
Zain Kuwait eyes acquisition of Kuwait-based Mada Communications.
Simat has proven over the years that is has a profitable business model. The Company grew by 10% in 2007 and 16% in 2008. 2011 will be the year of lesser growth but the outlook for 2012-2017 remains very positive. SIMAT is ranked third in the transit sector after Bolloré and GTMA.
Simat’s strategy on the short term is to consolidate and restructuralize the financial structure of the company (notably to increase the asset base) and on the long term to grow in the sub-region.
Simat was created from A to Z by an Ivorian entrepreneur. Currently, the company is listed on the Euronext in Paris and is eyeing the sub-regional markets. The CEO of the company presents Simat and its activities
The shipping, transit, freight forwarding, handling, storage sector has been negatively affected because of the post electoral crisis.
The main obstacle for Ivorian entrepreneurs, especially in capital intensive industries, is to secure long term financing. Mr. Eholie, an Ivorian entrepreneur talks about entrepreneurship in Côte d’Ivoire and how Simat is trying to secure long term financing.
In a video interview, Mr. Eholie, an Ivorian entrepreneur, offers his advice for the international investors that consider investing in West Africa.
Video interview with Michel Hérbert assessing current situation in Côte d’Ivoire and outlook for the telecom sector. According to Comium the vision of the ministry of PTIC, to transform Côte d’Ivoire onto a knowledge economy is feasible within the next decade.
IIF forecasts 4.7% growth for Middle East & Africa region in 2011.
Batelco wins CommsMEA Annual Telecoms Technology Investment of the Year award.