Latest Africa Banking News
- G8 summit under pressure to deliver on climate, energy, food - Summary 6 Jul 2008 14:31 GMT
... Toyako, Japan - Under pressure to deliver, the ... oil prices, as well as poverty in Africa and global warming. The Group of Eight ... as the United Nations and the World Bank. Officials in Japan said Sunday that one ...
- OPEC president warns no end to oil price rises 6 Jul 2008 14:30 GMT
... OPEC president warns no end to oil price rises ... of the falling dollar. Khelil, who is Algeria's minister of energy and mines, told Algeria ... a difficult second half with Asia's central banks now ready to sacrifice growth to combat food- ...
- G8 plus 5 equals power shift 6 Jul 2008 14:30 GMT
... THE largest, most expensive gathering of world leaders under ... summit, China, Brazil, India, Mexico and South Africa have met annually as the "G8 plus ... of multinational agencies such as the World Bank and regional groupings such as the African Union. ...
- Hamas denies policing borders to reinforce truce 6 Jul 2008 14:14 GMT
... GAZA, July 6 (Xinhua) -- The Islamic Hamas movement ... with the Gaza Strip to maintain an Egyptian-brokered ceasefire. "The movement did not arrest anyone ... ceasefire which does not cover the West Bank. "Hamas will not use force to reinforce the ...
- Kuwaiti bank profits up despite lending restrictions 6 Jul 2008 14:13 GMT
... Kuwaiti bank profits up despite lending restrictions PROFITS SURGE: Kuwaiti ... their income streams, focusing increasingly on investment banking as the industry gains momentum regionally, Al-Nafisi ...
- MOROCCO REITERATES COMMITMENT TO PURSUE SERIOUS NEGOTIATIONS ON THE BASIS OF AUTONOMY INITIATIVE 6 Jul 2008 13:56 GMT
... MOROCCO REITERATES COMMITMENT TO PURSUE SERIOUS NEGOTIATIONS ON ... firmly face up to separatists' maneuvers that bank on futile initiatives to abort the Moroccan Initiative ... community, in particular from the Arab and African countries, from some influential countries such as ...
- OPEC's Khelil rules out oil price decline: APS 6 Jul 2008 13:56 GMT
... ALGIERS (Reuters) - OPEC President Chakib Khelil ruled ... weak dollar were behind the current spike, Algeria's APS news agency reported. "Steadily rising oil ... the United States, where the U.S. central bank took steps to bring down interest rates to ...
- After the Grand Regency Libyan buy out, Kuwaitis eye Intercont 6 Jul 2008 13:55 GMT
... Even before the dust settles on the controversy over ... are the Intercontinental Hotel Group, the National Bank of Kenya and the Sovereign Group Ltd. Curiously, ... Commission of Kenya, Solomon Kitungu, told The EastAfrican that he was not aware of any ...
- A Scene From the Old Town of Harar (A & C Blogs) 6 Jul 2008 13:55 GMT
... The sun must have gotten to me because I ... in Ethiopia, the country that hosts the African Union – an organization that aims to ...
- KCB rights issue dogged by drop in the NSE share index 6 Jul 2008 13:55 GMT
... KCB rights issue dogged by drop in the NSE ... Safaricom refunds will affect the Kenya Commercial Bank Rights Issue which closes this Friday, July 11. ... a grand plan of cross-listing in East Africa, venturing into the mortgage market and strengthening ...
- French-trained technicians for Precision Air 6 Jul 2008 13:55 GMT
... The first batch of French-trained Tanzanian aeronautics technicians from ... by the fast growing aviation industry in Africa. Precision Air recently took delivery of brand ... the most efficient, reliable and advanced planes. Citibank Tanzania was a mandated lead arranger for the ...
- Burundi allowed to pay only $1m to EAC budget 6 Jul 2008 13:55 GMT
... The East African Community has allowed Burundi to pay only ... annual survey carried out by the World Bank on the ease of doing business, ranks Burundi ...
- Kenol Kobil expands into Zambia, acquires Lublend 6 Jul 2008 13:55 GMT
... Kobil Zambia, a fully-owned subsidiary of the Kenyan oil ... mining sector in Zambia and the Southern African region has been registering impressive growth due ... would negotiate more favourable borrowing terms from banks, which will allow it to tap other ...
- A Lot On The Plate For G-8 6 Jul 2008 13:30 GMT
... , food inflation and a credit crunch that's depressed global ... drive millions into poverty, the Asian Development Bank has warned. In India, inflation has jumped to ... sure to be discussed, but with central bankers absent the leaders will most likely avoid ...
- Retail sector blues 6 Jul 2008 13:30 GMT
... Summit TV speaks to Syd Vianello of Nedcor Securities ... get let’s say rapid exposure in South Africa - this may be the opportunity for ... next year. And I think the Reserve Bank Governor will then be inclined - remember sales ...
- Part II: The deadly convenience of Victor Bout 6 Jul 2008 13:30 GMT
... Part II: The deadly convenience of Victor Bout by ... supplying weapons in return for diamonds to African countries under UN sanction. On 18 February ... power of attorney over Delaware's Vial company bank accounts, reporting that he used them to launder ...
- Jesse Helms dies at 86 RALEIGH, N.C. (AP) 6 Jul 2008 13:13 GMT
... RALEIGH, N.C. (AP) -- From his early days ... Raleigh as executive director of the state bankers association. Helms became a member of the ... federal funding to fight the disease in Africa and elsewhere overseas, and in doing so, ...
- bahraini banker co-chairs crans montana forum 19th annual session in monaco 6 Jul 2008 12:30 GMT
... Monaco: A Senior Bahraini Banker also Vice Chairman& Managing Director of Crans ... diversified his career by joining Bahrain Development Bank as the Head of Business Development and ...
- G8 states are breaking their pledges to fight hunger 6 Jul 2008 12:30 GMT
... G8 states are breaking their pledges to fight hunger ... Oxfam. "Whether it refers to aid to Africa, education or health, the text shows that ... leaders will meet with African representatives, World Bank president Robert Zoellick and UN Secretary General Ban ...
- Doing business in Israel is tough, and only getting tougher 6 Jul 2008 12:12 GMT
... Last year's State Comptroller Report also covered the dealings ... their future earnings. Six months ago, World Bank economists and lawyers published a fascinating study, which ... rest of the Middle East and North Africa - hardly a position of honor. As ...
- The world changed, but he was 'the same old Helms' 6 Jul 2008 11:31 GMT
... The world changed, but he was ‘the same old ... N.C. radio stations, then editor of a banking magazine and finally a television personality and ... Talmadge of Georgia. When he died, an African American man was running for the White ...
- Which are the world's most corrupt countries? 6 Jul 2008 11:30 GMT
... This aerial photo provided by the French Defense Ministry ... below 3 are classified by the World Bank as low income. It doesn't help if the ... and coltan. There is hope, however. Several African countries showed marked improvement in their rankings ...
- 2010 World Cup to cost South Africa much more than initial budgeted 6 Jul 2008 11:30 GMT
... Johannesburg - Hosting the 2010 football World Cup will set South Africa back much more than initially estimated, with ... to government but to the African Development Bank for low-interest loans, Moleketi said. Jordaan said the ...
- Getting outside in the Outer Banks 6 Jul 2008 11:16 GMT
... "> The dozen or so towns and villages of the Outer Banks present long stretches of unspoiled beaches and ... heritage of Native Americans, European Americans and African Americans who lived on Roanoke Island at ...
- G8 states are breaking their pledges to fight hunger - Feature 6 Jul 2008 10:51 GMT
... Toyako, Japan - The rich G8 nations have ... Oxfam. "Whether it refers to aid to Africa, education or health, the text shows that ... leaders will meet with African representatives, World Bank president Robert Zoellick and UN Secretary General Ban ...
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