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Latest Central Africa Banking News

  • 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 ...

  • 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 ...

  • 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 ...

  • 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 ...

  • 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 ...

  • G8 summit: The key issues 6 Jul 2008 10:14 GMT
    ... Tough times ahead By Economics Correspondent Andrew Walker When ... next couple of years. On inflation, central banks are in charge. The European Central Bank has already made a start by raising interest ...

  • Eq Guinea leader slams govt over graft, security 6 Jul 2008 06:17 GMT
    ... Eq Guinea leader slams govt over graft, security Published: ... coup plot. Obiang, who has ruled Sub-Saharan Africa’s third biggest oil producer since 1979, made ... of financial transfers to foreign companies and banks,” he said, without elaborating. “We must put ...

  • Rwanda: The Asian Miracle - Lessons for Policy Makers. Part IV [analysis] 6 Jul 2008 04:27 GMT
    ... Recent empirical works have stressed the importance of institutional ... possible points for the year 1998 (World Bank, 1999). African economies on the other hand, inherited similar ...

  • Central African region to record strong economic growth in 2008 6 Jul 2008 04:26 GMT
    ... Economic growth rate in the member states of ... the Economic and Monetary Community of Central Africa (CEMAC) is projected to reach approximately 5.8 ... the Monetary Policy Committee (CPM) of the Bank of Central African States (BEAC), according to a ...

  • Departing Rights Official Raised Volume on Issues 6 Jul 2008 01:50 GMT
    ... GENEVA — She has been doing a job with ... last days in her office on the banks of Lake Geneva, Ms. Arbour sounded almost ... Organization of the Islamic Conference and the African group, which not only have focused overwhelmingly ...

  • E Guinea leader slams govt 5 Jul 2008 23:52 GMT
    ... Malabo - Equatorial Guinea's President Teodoro Obiang Nguema Mbasogo ... coup plot. Obiang, who has ruled Sub-Saharan Africa's third biggest oil producer since 1979, made ... of financial transfers to foreign companies and banks," he said, without elaborating. "We must put ...

  • Departing Rights Official Praised, and Attacked, for Speaking Out 5 Jul 2008 20:50 GMT
    ... GENEVA — She has been doing a job with ... last days in her office on the banks of Lake Geneva, Ms. Arbour sounded almost ... Organization of the Islamic Conference and the African group, which not only have focused overwhelmingly ...

  • Museveni shines, leaves many questions in Rwanda 5 Jul 2008 18:50 GMT
    ... Museveni shines, leaves many questions in Rwanda My ... came out clearly at the recent East African Heads of State Summit and Investment Conference ... people. Then he turned to the World Bank, the EU, and “these organisations which are ...

  • 'At least these mosquitoes don't give you malaria' 5 Jul 2008 15:37 GMT
    ... 'At least these mosquitoes don't give you malaria' There ... faces in Quebec's boreal forest, with well-educated African immigrants now taking up the punishing but ... — in the Banc de sable (Sand Bank) sector of a public forest 90 kilometres ...

  • Access Bank to Open Branches in Zambia, UK 5 Jul 2008 04:28 GMT
    ... Access Bank Plc of Nigeria will soon have branches in ... to be a reference point for African banks operating in the global market. These plans ...

  • Far, far out of Africa 5 Jul 2008 03:56 GMT
    ... 'At least these mosquitoes don't give you malaria' There ... faces in Quebec's boreal forest, with well-educated African immigrants now taking up the punishing but ... - in the Banc de sable (Sand Bank) sector of a public forest 90 kilometres ...

  • Activists Want Biya's Swiss Account Frozen 4 Jul 2008 18:55 GMT
    ... A Swiss-based activist group has said it is imploring ... the money would end up in Swiss banks.Promising hell for Biya, Tabeng recalled that in ... Switzerland is a very sensitive country to African leaders who have embezzled huge sums of ...

  • Cameroon: UBA Announces Training for Youths 4 Jul 2008 18:55 GMT
    ... The Managing Director of United Bank for Africa, UBA-Cameroon, Emeke Iweriebor, has announced that his institution would be offering training to some ...

  • Road to Angola: Cranes must be motivated 4 Jul 2008 17:55 GMT
    ... Road to Angola: Cranes must be motivated The glory ... continuously succeeds in missing out on the Africa Cup of Nations is a complicated puzzle. ... it is also their next opportunity to bank a seven digit sum on their bank account. ...

  • Paul Thomas: Mugabe merely a symptom of continent-wide disease 4 Jul 2008 17:30 GMT
    ... Paul Thomas : Mugabe merely a symptom of continent-wide ... Mugabe at this week's meeting of the African Union wasn't obscene, then we might as ... diverting international aid money into his Swiss bank account, Bongo supposedly pockets more than $100 million ...

  • Cameroon: Banking Institutions Challenged to Alleviate Rural Poverty 4 Jul 2008 15:10 GMT
    ... Finance Minister, Essimi Menye, has called on banking institutions to alleviate poverty in the rural ... Consultative Group to Assist the Poor, CGAP, African representative, Jennifer Isern, told participants that though ...

  • Cameroon: Activists Want Biya's Swiss Account Frozen 4 Jul 2008 15:10 GMT
    ... A Swiss-based activist group has said it is imploring ... the money would end up in Swiss banks.Promising hell for Biya, Tabeng recalled that in ... Switzerland is a very sensitive country to African leaders who have embezzled huge sums of ...

  • Zimbabwe: What Are We Saying? 4 Jul 2008 13:36 GMT
    ... After the African Union issued a statement so tepid that ... cozy with the IMF and the World Bank right from the beginning. To understand just how ...

  • Robert Mugabe: The Last of the Dinosaurs 4 Jul 2008 12:55 GMT
    ... If Africa is to be truly free, if — ... supplying the embattled regime with its hyper-inflating bank notes has stopped deliveries Mugabe looms large in ...


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