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  • UBA Opens in Gabon - Now in 14 African Countries 24 Nov 2009 04:30 GMT
    ... The pan-African financial services Group, United Bank for Africa ... African countries where UBA has full scale banking operations. The other countries being; Nigeria, Ghana, ...

  • Local girl collects shoes for Rwandan orphans 23 Nov 2009 07:14 GMT
    ... Reagan Mertz is collecting Crocs for an African Orphanage as part of her effort to ... will be placed at schools, grocery stores, banks and at Bud Werner Memorial Library today in ... around Christmastime to an orphanage in northern Rwanda. Reagan Mertz, 11, is collecting shoes for ...

  • Hungry for Opportunities, European Investors Eye Africa's Unlisted Firms 23 Nov 2009 14:00 GMT
    ... investors are hungry for shares in unlisted African firms and could provide the needed shot ... on Africa's growth prospects. A fortnight ago, Rwanda President Paul Kagame, former British Prime Minister ... The Nigerian bank crisis - in which banks were left holding toxic assets following a loaning ...

  • First Quantum diversifies African exposure 23 Nov 2009 18:18 GMT
    ... irst Quantum Minerals spent $260-million (U.S.) on Monday to ... to change the way investors view the African mining play. owns a number of properties ... firm McCarthy Tetrault, and didn’t hire investment bankers. The Canadian content for Kiwara came from ...

  • First Quantum: A Move to Legitimize African Mining 23 Nov 2009 19:24 GMT
    ... ) spent $260 million (U.S.) on Monday to change ... to change the way investors view the African mining play. owns a number of properties ... firm McCarthy Tetrault, and didn’t hire investment bankers. The Canadian content for Kiwara came from ...

  • Media Trust African of The Year Nominee to Be Named January 23 Nov 2009 12:12 GMT
    ... Abuja — The Advisory Board of the Daily Trust African of the Year award has concluded the ... of diverse professional background including public servants, bankers, journalists, scientist, human rights activists and philanthropist, ...

  • Nakumatt Sets Sh1.8 Billion Price for Sale of 30 Per Cent Stake 23 Nov 2009 12:32 GMT
    ... medium term syndicated loan from four local banks. The sale price puts Nakumatt's total worth at about ... a major jolt in 2006 after the Central Bank of Kenya put one of its bankers, Charterhouse Bank, under statutory management. A strong ...

  • Rebel Leader to Seek Protection From Sudan Army 23 Nov 2009 06:13 GMT
    ... Kony was planning to move along the Central African border to Chad and then enter into Darfur ... of which were still buried in river banks and hills in Southern Sudan. "For example in ...

  • Monday, November 30 23 Nov 2009 01:36 GMT
    ... Posted on November 22, 2009 at 5:32 PM Today is ... cities. 1989 - Terrorists kill West German banker Alfred Herrhausen. 1990 - U.S. President George Bush ... to Darfur to boost a beleaguered 7,000-member African Union force, crushing hopes for a quick ...

  • AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update 23 Nov 2009 21:50 GMT
    ... AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) ... - Entertainment 0.09% SUBTOTAL 29.04% Financial Institutions: Banking 1.76% Finance 0.74% Insurance 0.67% REITS 0.20% ... Kong 1.01% Panama 1.00% France 0.66% South Africa 0.61% Netherlands 0.46% Ireland 0.45% Germany 0.44% ...

  • East African bloc sign common market treaty 22 Nov 2009 04:37 GMT
    ... East African Heads of State from left Presidents Yoweri ... Monetary Union being spearheaded by the European Central Bank in collaboration with the East African ...

  • STOCKS NEWS AFRICA-Nigerian stocks up as Finbank gains 18 Nov 2009 16:54 GMT
    ... trading in Nigeria's Finbank, one of nine banks bailed out by the central bank, pushes the all-share index up 0.33 ... big prize for new entrants to Nigerian banking. It has no real legacy issues, is ...

  • STOCKS NEWS AFRICA-Kenyan Safaricom up 6 pct on foreign interest 18 Nov 2009 17:16 GMT
    ... trading in Nigeria's Finbank, one of nine banks bailed out by the central bank, pushes the all-share index up 0.33 ... big prize for new entrants to Nigerian banking. It has no real legacy issues, is ...

  • Mobile phones tantlize and trouble Africa 18 Nov 2009 14:52 GMT
    ... The U.S. president is speaking to a select group ... million, but a quarter is in South Africa," says Mo Ibrahim, the Sudanese businessman who ... African countries, for example, are pioneering mobile banking and electronic cash transaction services. And the ...

  • Mobile phones tantalize and trouble Africa 19 Nov 2009 00:14 GMT
    ... The U.S. president is speaking to a select group ... million, but a quarter is in South Africa," says Mo Ibrahim, the Sudanese businessman who ... African countries, for example, are pioneering mobile banking and electronic cash transaction services. And the ...

  • Rwanda Rising - the Conditions of Success [analysis] 20 Nov 2009 12:33 GMT
    ... ago, genocide devastated the country, emptied the banks and decimated human capital. By the time the ... exile. Just across the border in DR Congo, a Hutu rebel army was training in ... many out of hopeless poverty. Unlike most African countries, Rwanda is focusing on long-term projects and ...

  • USA - Credit guarantees from USDA 21 Nov 2009 01:11 GMT
    ... by guaranteeing payments due from approved foreign banks to exporters or financial institutions in the United ... amount: $100 million. Middle East and North Africa - Afghanistan, Algeria, Bahrain, Egypt, Iraq, Israel, Lebanon, Libya, ... Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Cote d’Ivoire, Republic of ...

  • Secret Documents Reveal Multi-million Dollar Shopping Spree by Dictator's Son [press release] 21 Nov 2009 17:40 GMT
    ... but the ordinary citizens of the West African nation continue to exist in poverty and ... government, transferred about $75 million into U.S. banks between 2005 and 2007, via wire transfers processed ... after a Senate inquiry uncovered it was banking for the corrupt Obiang family. Have no ...

  • KCB enters into partnership with KenSwitch 18 Nov 2009 04:36 GMT
    ... , Posted: Mon, Nov 16, 2009 Kenya Commercial Bank (KCB) customers will now be able ... Africa access ATM belonging to Kenswitch members' banks in Kenya. The partnership brings together over ... network provides easy and convenient access to banking services to our customers and boosts our ...

  • LRA's Joseph Kony to seek protection from Sudan army 22 Nov 2009 21:34 GMT
    ... Kony was planning to move along the Central African border to Chad and then enter into Darfur ... of which were still buried in river banks and hills in Southern Sudan. “For example in ...

  • Allowances cost nation a fortune, says new report 19 Nov 2009 06:54 GMT
    ... $1774. Rakesh Rajani of Twaweza, an East Africa-wide initiative that seeks to increase citizen access ... in the delegation, some being from the central bank and other government institutions. This is ... where you could meet executives from international banks and representatives of different institutions all together, while we ...

  • UTL Donates to Gulu School for Blind 20 Nov 2009 19:53 GMT
    ... Kampala — Uganda Telecom last week donated food ... 1029 students, including 60 blind students. Kenya Commercial bank (KCB) last week opened officially its ... the bank's commitment to taking financial and banking services closer to the marketplace. "To operate ...

  • EAC common market protocol to spur economic growth (2) 21 Nov 2009 05:13 GMT
    ... The president noted that most residents of the region were ... support of the federation of the East African countries and to particularly attain the desires ... Monetary Union being spearheaded by the European Central Bank in collaboration with the East African ...

  • EAC integration in full gear as common market protocol signed 22 Nov 2009 19:44 GMT
    ... The biggest concern now seems to be getting rid of ... have plagued the union since the East African Community was revived in 1999, 20 years ... by the required institutions such a common central bank. Deputy secretary-general in charge of infrastructure ...

  • Cuba - Che Guevara - the man behind the myth 21 Nov 2009 01:11 GMT
    ... Cuba - Che Guevara - the man behind the myth The ... Ministry of Industry to president of the Central Bank, “as could be expected, since he ... having failed in a similar attempt in Africa in what is today the Republic of ...


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