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Horn of Africa Banking News is an EIN News Service for banking industry professionals. Constantly updated news and information about Horn of Africa Banking.
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  • AfDB grants $2 mln to Somalia 24 Nov 2009 15:31 GMT
    ... The African Development Bank (AfDB) has granted two million ... plan and the establishment of a functional Central Bank and effective anti-corruption commission". Matondo-Fundani added ...

  • Reflections on the Obama generation 24 Nov 2009 12:34 GMT
    ... Canada, most of Europe and even South Africa offers, i.e. free public health care services. ... countries such as Iraq, Afghanistan, Pakistan, the Horn of Africa, the Philippines and beyond, with various "hot-wars", ... The astronomical chunks of money given to banks and other financial institutions and the terms (or ...

  • Ashcroft and Afghanistan feature in foreign affairs debate 24 Nov 2009 19:32 GMT
    ... donor was a subject of attention in the debate ... British Caribbean Bank, is now the largest banking institution within these islands, as stated by ... huge ungoverned space that stretches across northern Africa. "Others will have integrated themselves in cities ...

  • Navy Federal Lands in Africa 23 Nov 2009 14:00 GMT
    ... Kurta, USN, Commander Combined Joint Task Force Horn of Africa. "This Navy Federal ATM is a huge ... Djibouti for direct purchases, exchange it at banks in town, or at the Disbursing Office. "In ...

  • Kenya: Peace and security imperatives for women 19 Nov 2009 16:53 GMT
    ... The concepts of peace and security in Africa in general, and in Kenya in particular ... Origin, Development and Resolution’ , in M. Banks (ed) Conflict in World Society: A New Perspective ... Block towards Improved Human Security in the Horn of Africa,’ in M. Mwagiru (ed) Human Security: Setting ...

  • If words were food, nobody would go hungry 19 Nov 2009 16:18 GMT
    ... food system, famine is again stalking the Horn of Africa. Has anything been done to prepare for ... trillion poured by rich countries into their banks). Still, the amount is not trivial. It ...

  • Investment in agriculture is soaring. So, worryingly, is distrust of markets and trade 19 Nov 2009 16:33 GMT
    ... food system, famine is again stalking the Horn of Africa. Has anything been done to prepare for ... trillion poured by rich countries into their banks). Still, the amount is not trivial. It ...

  • Food: If words were food, nobody would go hungry 20 Nov 2009 21:13 GMT
    ... food system, famine is again stalking the Horn of Africa. Has anything been done to prepare for ... trillion poured by rich countries into their banks). Still, the amount is not trivial. It ...

  • German government plans sweeping social attacks 21 Nov 2009 05:55 GMT
    ... leaders, together with the employers’ associations and banks, to a crisis summit in Berlin in early ... Armed Forces missions in Afghanistan and the Horn of Africa and off the Lebanese coast. The upper ...

  • Is There Such a Thing as Agro-Imperialism? 19 Nov 2009 16:55 GMT
    ... an eminent American botanist, flew to Saudi Arabia in ... a series of meetings, Saudi government officials, bankers and agribusiness executives told an institute delegation ... produce rice and other staple crops in African nations like Mali, Senegal, Sudan and Ethiopia. ...

  • 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, ... the Congo, Democratic Republic of the Congo, Djibouti, Equatorial Guinea, Gabon, Ghana, Eritrea, Ethiopia, Gambia, ...

  • Washington Post 23 Nov 2009 08:16 GMT
    ... any looted money is deposited in foreign banks. I honestly believe Ethiopian treasuries are being shipped ... feed itself. They said it is because Africans are uneducated to handle large farms, which ... the Weyane Started all this by selling Eritrea, Assab included, then Badme, and now the ...

  • Tourism Sector Gets Shs 25 Billion Boost 20 Nov 2009 17:35 GMT
    ... Kampala — The Uganda tourism sector will receive US$13 ... West African based bank, for the African Banker award. Ecobank has a presence in 28 African ... African Banker, a business magazine dedicated to banking and finance development in Africa and supported ...

  • Ezekwesili, Utomi, Dangote, Others for 2009 U.S. / Nigeria Investment Development Summit 20 Nov 2009 10:00 GMT
    ... Georgia State chapter of the All Nigeria American ... H. Ekpo, Director General/CEO, WAIFEM and Director African Finance/Economic Association USA; Dr. Mansur Ahmed, Director-General/CEO, ... Nigeria: The CDC Project, by Alvin Rosebaum; Banking and Financial Reforms in Nigeria: The Road ...

  • Nation Among World's Hunger Prone Countries 20 Nov 2009 12:30 GMT
    ... do more to position itself as East Africa's food basket since it has all the ... times higher. India ranks 34 just below Ethiopia and Cambodia. Brazil topped the list of ... Zero Hunger programme he has introduced food banks, community kitchens and locally produced school meals alongside ...

  • China continues its aggressive pursuit of Africa's resources 16 Nov 2009 09:37 GMT
    ... China continues its aggressive pursuit of Africa’s resources By Brian Smith and Ann Talbot ... institutions and private companies involved. Whilst China’s banks escaped the worst of the turmoil that affected ... the largest foreign partner in Nigeria. In Ethiopia, Chinese construction companies are to build a ...

  • A new Bank by Ethiopian Women for Ethiopian Women 17 Nov 2009 06:17 GMT
    ... Meaza Ashenafi (Photo courtesy U.S. Embassy Addis Ababa Ethiopia ... Haile, executive director of the Center for African Women's Economic Empowerment (CAWEE) said: “We discussed ... educate women about the workings of a banking system dominated by men. “While the Women's ...

  • AfDB: Fourth AEC-Researchers Track Missing Links in Africa's Development 18 Nov 2009 04:30 GMT
    ... Addis Ababa — Several issues emerged from the theme ... the consensus that would be possible for African countries to develop and grow even in ... remittances, competitiveness of the financial services sector, banking sector performance and aid effectiveness. Others comprised ...

  • Annual Report Finds Sub-Saharan Africa Especially Hard Hit by Corruption 17 Nov 2009 14:50 GMT
    ... Transparency International has issued its annual . Somalia ranks as the most corrupt country at ... World Economic Forum and the Asian and African Development Banks. This year's list includes 180 nations. Patrick Berg ...

  • Stamp out bank secrecy, say corruption watchdogs 18 Nov 2009 07:32 GMT
    ... Stamp out bank secrecy, say corruption watchdogs BERLIN (AFP) ... hit out at rich countries over shady banking practices yesterday as it published its annual ... Somalia, the impoverished and war-torn Horn of Africa state that has been without a functioning ...

  • Stamp out bank secrecy, says corruption watchdog 17 Nov 2009 12:32 GMT
    ... Graft watchdog Transparency International hit out at rich countries ... hit out at rich countries over shady banking practices on Tuesday as it published its ... Somalia, the impoverished and war-torn Horn of Africa state that has been without a functioning ...

  • West Oppresses Country Through Zenawi Support [opinion] 18 Nov 2009 14:30 GMT
    ... 'No alternative in the opposition,' they whispered anonymously. What ... relativism, hypocrisy and skullduggery in Ethiopia and Africa? Is this the new 21st century Western ... lion's share of the 'lucrative telecommunications and banking industries in a nation of more than ...

  • Good as gold 16 Nov 2009 18:34 GMT
    ... despite reporting a full-year loss. The South African platinum miner fell into the red in ... investment fund BlackRock forecast today that central banks will be net buyers of gold this year, ... company, which was close to breaching its banking facilities, has refinanced the terms of its ...

  • Corruption Perception - Nigeria's Rating Worsens 18 Nov 2009 10:13 GMT
    ... placed 10th out of the 16 West African countries. However, according to TI, no region ... last September. In the GCR report, Nigeria's banking sector was lambasted for its perceived corruption, ... partially responsible for the collapse of many banks in the 1990s and losses to many depositors ...

  • Laser technology to combat Somali Pirates 17 Nov 2009 09:01 GMT
    ... US drones outfitted with infrared, laser and radar targeting ... have been seized in a week off Africa's lawless eastern coast and Vice Adm. Robert ... clan-based money transfer system instead of normal banking channels. Analysts say the pirate attacks are ...


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