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Africa Banking News is an EIN News Service for banking industry professionals. Constantly updated news and information about Africa Banking.
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  • Gold prices spark incentive to cash in 'under-the-pillow' investments 25 Nov 2009 01:34 GMT
    ... withheld from the registered investment environment such banks or the stock exchange. The president of the ... in countries such as Turkey, India and Egypt due to wedding ceremonies, in which relatives ...

  • American Casino, An Edgy, Fast-paced Documentary on the Financial Meltdown 25 Nov 2009 01:34 GMT
    ... Fed, the unscrupulous ratings agencies, the mercenary banks, the venal mortgage lenders, and the long daisy-chain ... ruined. The Cockburn's allow a few articulate African Americans, who were trapped in predatory lending ...

  • Amazon forest schemes await strong climate pact 25 Nov 2009 01:33 GMT
    ... forest and combat poverty that remains at African levels despite Brazil's economic rise. Yet hope ... sometimes being made thousands of miles away. Banks, carbon-trading firms, and companies seeking to boost their ...

  • Raise the quality of government spending 25 Nov 2009 01:33 GMT
    ... as the top recipients. The IMF's support reached $160 billion globally while the Asian, African, European, and inter-American development banks provided unprecedented volumes to their regions. All this has helped, but to sustain the economic ...

  • Ghana pledges tough curbs on spending 25 Nov 2009 01:14 GMT
    ... By Tom Burgis and William Wallis in Accra The government ... inherited from the former administration. The West African nation of 23m people is poised to ...

  • Nigerians jailed for bank scam - reports 25 Nov 2009 01:00 GMT
    ... Lagos - Nine Nigerians have been jailed in Ghana for faking ... the prosecutor-general, plus the governor of the central bank. One victim was Frenchman Gilles Gillet ...

  • Design firm to the elite goes bust 25 Nov 2009 01:00 GMT
    ... £150,000 worth of repairs to the roof. Egypt-born but with Greek parents, Stefanidis is a ... she tells me. 'He now owns four banks and that incurs a lot of paperwork and ...

  • Infrastructure tops FG's plan for 2010 25 Nov 2009 00:47 GMT
    ... of 2009 and, if approved, will push Nigeria even further beyond a 3 per cent ... the country, which vies with Angola as Africa’s biggest oil producer, assume oil output of ... a combination of flight to quality by banks and pension funds together with repeated liquidity injections ...

  • SEC Announces 2009 Volleyball Community Service Team 25 Nov 2009 00:45 GMT
    ... America efforts which provide supplies for food banks and shelters in the Northwest Arkansas area. The ... has plans to do missionary work in Africa beginning this coming January. The 2009 team ...

  • What is wrong with African leaders? 25 Nov 2009 00:44 GMT
    ... offers an unforgettable holiday and business experience in Accra. ... embezzlement are a way of life for African leaders. From South Africa to Egypt there ... if instead of stealing the money and banking it in Switzerland, Monaco, France, Britain, Cayman ...

  • Interiors: The Manhatten apartment of two self-styled home decor 'outlaws' is as wildly original as their online store 25 Nov 2009 00:42 GMT
    ... If the flame-coloured lettering on the fire exit at ... and Bertinetto, both fo ADVERTISEMENT rmer investment bankers, now have an online home decor shop, ... encased in a modern table of lacquered African wood. Two contemporary leather sofas from Spain ...

  • NuMobile, Inc. Announces 3rd Quarter Update Webcast in Conjunction With Current Financial Report Ref 25 Nov 2009 00:14 GMT
    ... NuMobile, Inc. Announces 3rd Quarter Update Webcast in ... for a variety of applications, including mobile banking, for the global marketplace. The demand for ... emerging economies of Latin America and East Africa. NuMobile is a SEC fully-reporting public company ...

  • Citi: Expect Strong Economic Growth Worldwide in 2010 24 Nov 2009 23:57 GMT
    ... Turkey. The report also suggested that Central Banks are unlikely to hike key interest rates through ... domestic demand while resource-rich regions such as Africa, the Middle East, Latin America, Russia and ...

  • NuMobile, Inc. Announces 3rd Quarter Update Webcast in Conjunction With Current Financial Report Reflecting Recent Acqui 24 Nov 2009 23:55 GMT
    ... NuMobile, Inc. (OTCBB: NUBL), a fully-reporting over-the-counter bulletin ... for a variety of applications, including mobile banking, for the global marketplace. The demand for ... emerging economies of Latin America and East Africa. NuMobile is a SEC fully-reporting public company ...

  • NuMobile, Inc. Announces 3rd Quarter Update Webcast in Conjunction With Current Financial Report Reflecting Recent Acquisition and New Business Plan (MRW) 24 Nov 2009 23:54 GMT
    ... Roll-up Strategy to Build a Portfolio of Software ... for a variety of applications, including mobile banking, for the global marketplace. The demand for ... emerging economies of Latin America and East Africa. fully-reporting public company listed on the Over-the-Counter ...

  • Exclusive: Natie Kirsh chats to Moneyweb 24 Nov 2009 23:53 GMT
    ... R1bn offer on the table, SA magnate comes home. ... visit old friends and enjoy the South African sunshine. He told me that he regards ... backed entrepreneurial management teams. Just before the banking crisis hit, Jetro raised $800m in a ...

  • NuMobile, Inc. Announces 3rd Quarter Update Webcast in Conjunction With Current Financial Report Reflecting Recent Acquisition and New Business Plan 24 Nov 2009 23:51 GMT
    ... CARY, NC--(Marketwire - November 24, 2009) - NuMobile, Inc. ... for a variety of applications, including mobile banking, for the global marketplace. The demand for ... emerging economies of Latin America and East Africa. NuMobile is a SEC fully-reporting public company ...

  • Citi Expects Strong Economic Growth - Analyst Blog 24 Nov 2009 23:24 GMT
    ... Turkey. The report also suggested that Central Banks are unlikely to hike key interest rates through ... domestic demand while resource-rich regions such as Africa, the Middle East, Latin America, Russia and ...

  • Trustwave Expands Global Operations with New Offices in Mexico and Colombia 24 Nov 2009 23:22 GMT
    ... which makes it clear that merchants, acquiring banks and service providers understand its importance," said Benavidez. ... customers in Europe, the Middle East and Africa. ...

  • Iranian leader continues South American trip with Bolivia stop 24 Nov 2009 22:40 GMT
    ... -- Iranian President Mahmoud Ahmadinejad continued his three-nation tour ... ally. Ahmadinejad already visited Gambia, on the African continent, and will stop in Senegal on ... on the left in the morning and bankers in the evening. He is a negotiator." ...

  • Microfinance's Elusive Quest: Finding an Accurate Measure of Social Impact 24 Nov 2009 22:16 GMT
    ... For three decades, microfinance institutions have given out small ... Iskendarian, president and CEO of Women's World Banking. The 30-year-old New York-based institution, which works ... York-based nonprofit that facilitates microloans in South Africa. "It's most productively used when it's combined ...

  • Parties Clear Way for Central Banker's Exit 24 Nov 2009 21:54 GMT
    ... partial immunity from prosecution granted to the Central Bank Governor Gideon Gono through amendments to ... pressure from both MDC and the Southern African Development Community (Sadc) on the resolution of ... with interest rates, currency management and regulating banks. ...

  • Kenya's shilling falls ahead of rate decision 24 Nov 2009 21:54 GMT
    ... eyes in the market were on a central bank decision on interest rates due later on ... later on Tuesday. At 1034 GMT, commercial banks posted the unit at Sh74.70/80 against the ... weakness, said a trader with one leading commercial bank. "There are two indicators that point towards ...

  • JPMorgan Fortifies China Mgmt - Analyst Blog 24 Nov 2009 21:53 GMT
    ... Fang as vice-chairman of its Asia Investment Banking operations.  The company has initiated management ... of Guangdong Development Bank and Industrial and Commercial Bank of China’s purchase of a $5.5 ... portfolio will sustain better than many other banks, which have exited some of these areas ...

  • Government should help graduates start businesses 24 Nov 2009 21:34 GMT
    ... Our African societies’ leadership vacuum is more than just ... youth, men and women tearing the road banks; the Gayaza round-about beautifications; pulling down posts; setting ...


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