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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, ...

  • 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% ...

  • 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 ...

  • 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 ...

  • 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 ...

  • 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 ...

  • 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, ...

  • 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 ...

  • 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 ...

  • 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 ...

  • 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 ...

  • Citibank clinches Euromoney award for global cash management 22 Nov 2009 17:32 GMT
    ... Citibank clinches Euromoney award for global cash management ... Ekezie, Corporate Affairs Officer, Citibank Nigeria, In Africa, Citi’s Treasury and Trade Solutions business was ... Capabilities, Innovative Payment/Collection Methods and Comprehensive Electronic Banking Capabilities. “Global Transaction Services, a division of ...

  • 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 ...

  • 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 ...

  • Optimism as EAC Common Market pact signed 21 Nov 2009 06:24 GMT
    ... Leaders of the EAC partner states sign the ... Burundi. The leaders of the five East African Community (EAC) partner states yesterday signed a ... been open to foreign workers in the banking, advertising, oil industry, insurance, capital markets, breweries ...

  • 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 ...

  • Today In History 21 Nov 2009 01:13 GMT
    ... liberated from German occupation. 1958 - The African nation of Chad becomes an autonomous republic within ... among President Laurent Kabila's soldiers in Kinshasa, Congo, when he orders the arrest of one ... off water supplies to communities along its banks. 2006 - Russia announces it is lifting its ...

  • 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 ...

  • 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 ...

  • Setting gold standard in warzones 20 Nov 2009 23:38 GMT
    ... Nov 19, 2009 (Daily Mail - McClatchy-Tribune Information Services ... it caught up in one of South Africa's biggest corporate scandals, culminating in the shooting ... that is dominated by clean-cut accountants and bankers, Bristow clearly revels in his down-to- earth ...

  • Food: If words were food, nobody would go hungry 20 Nov 2009 21:13 GMT
    ... famine is again stalking the Horn of Africa. Has anything been done to prepare for future food ... trillion poured by rich countries into their banks). Still, the amount is not trivial. It ... by building silos in villages: Burkina Faso, Burundi and Gambia are doing this. It all ...

  • 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 ...

  • European Investors Eye Unlisted Firms 20 Nov 2009 19:15 GMT
    ... not have such a strong bearing 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 ...

  • 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 ...


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