Latest COMESA region news

• Rwanda’s BK Group becomes billion-dollar company

  11 Jun 2019

  BK Group Plc, the holding company of Bank of Kigali (BK), Rwanda’s largest bank by assets, is steadily growing into the country’s new investment powerhouse, after reporting a 23.4 per cent year-on-year growth in its net income, earning Rwf7.5 billion ($8.3 million) in the first quarter of 2019 across its four subsidiaries.

  
  

• ESC looking to invest EGP 3 bn in Egypt by 2022

  11 Jun 2019

  Maker of Flo bottled water looks to invest EGP 3 bn in Egypt by the end of 2022: The Egyptian-Saudi Company for Natural Water and Food Industries (ESC), the distributors of Flo-branded water, is planning to invest EGP 3 bn in Egypt by the end of 2022, Chairman Mahmoud Daoud told the local press.