Latest Africa Banking News
- ProCredit Holding Purchased Commerce Bankâs Stocks in ProCredit Bank - Georgia 12 May 2008 08:31 GMT
... - Georgia, which possessed 1.2% stocks of the bank. The purchasing of stocks was made according ... become the main shareholder of all ProCredit Banks.” and in the regions of Georgia. Today ... in transition economies and developing countries in Africa, Latin America and Eastern Europe. The youngest ...
- Postilion announces Middle East expansion 12 May 2008 08:30 GMT
... "> About Postilion Postilion, a division of S1 Corporation ... leading provider of integrated solutions for self-service banking and payment processing. Our offices, on five ... companys activities in the following countries: Bahrain, Egypt, Greece, India, Jordan, Kuwait, Oman, Pakistan, Qatar, ...
- Global Body Calls for More Investment in Agriculture Research 12 May 2008 08:17 GMT
... and people's lives. Across Eastern and Southern Africa, more than 50 varieties of drought-resistant maize ... higher crop yields, lower production costs and savings in water and energy. Agroforestry systems are ...
- Transnet Freight Rail Deploying a Multi-Million Dollar Orsus Situator Installation for its Passenger and Freight Rail Di 12 May 2008 08:16 GMT
... the largest international rail operators based inSouth Africa focusing on carrying freight, containers and passengers ... Mike.Asefovitz@transnet.net Tags: Tags: Computers and Electronics, Software, Banking and Finance, High Tech, new york, Transnet Freight Rail ...
- No peak in sight for oil price 12 May 2008 08:14 GMT
... May 11, 2008 (The Australian Financial Review - ABIX ... possible, principally due to a weak US currency. However, as the oil price passed $US126 ... supplies for the Middle East, Russia and Nigeria. The real oil price has just passed ...
- Immedia Broadcasting - Final Results 12 May 2008 07:36 GMT
... financial structure of the Company, with all loans having been repaid during the year. Costs ... remains cash generative, with £661,845 cash in the bank (31 December 2006: £242,795). On the basis of ... owners across Europe, the Middle East and Africa (EMEA) - To sign reseller agreements with ...
- Palm Hills Develop - 1st Quarter Results 12 May 2008 07:36 GMT
... > > > Palm Hills Develop - 1st Quarter Results Palm ... a leading real estate developer in the Egyptian market that develops primarily high-end residential real ... and has one of the largest land banks held by any developer operating in the ...
- Sheriff seizes mayor's car 12 May 2008 07:36 GMT
... from the penniless municipality this week. Chief finance officer David Mogofe, director of corporate services ... R26million from the Development Bank of South Africa last month in an effort to wriggle ...
- African economic growth seen rising to 5,9% - AfDB 12 May 2008 07:36 GMT
... African economic growth seen rising to 5,9% - ... fell by 5,6 percent last year in Nigeria, GDP is expected to rise to 6,2 ... hit by rising food prices. The development finance institution - whose members include 53 African ...
- Investors in Gulf states looking to Asian markets 12 May 2008 07:35 GMT
... Far East,” said Michael Philipp, CEO of Credit Suisse Europe, Middle East and Africa, during a recent conference in Doha. “The ... meeting in Abu Dhabi, according to Reuters. The bank said earlier this month it had won ...
- 05-12-08 EUR ALL ON ONE PAGE... 12 May 2008 07:35 GMT
... of revealing a past affair with an African American senator just to sell books. Walters ... of Canada for defaulting on a loan. The bank sued Vick in September, arguing his guilty ... Mr. James paid his bill with a credit card. Our waiter mistakenly read the receipt, ...
- NO ROOM FOR INDECENT EXPOSURE 12 May 2008 07:35 GMT
... fail to honour their monthly obligations with banks from which they applied for loans there is ... Act as is the case in South Africa. The Act penalises players for reckless lending," ... Loan arrears have been increasing. Of late, the bank has witnessed a high increase in the ...
- CBN's $460m in AFC & $8bn deposit in 7 banks 12 May 2008 07:20 GMT
... to connect two small communities on opposite banks of a river with a bridge! On ... confirmed my position in this column that Nigerians have been taken for a ride by ... a private finance outfit called the “The Africa Finance Corporation” shows that our erudite Governor of ...
- European Shares to Move Sideways as Trading Week Starts Quietly - European Commentary 12 May 2008 07:18 GMT
... Australia, Westpac has offered to acquire rival banking firm St. George Bank for A$14.9 billion in ... firm Vodafone is mulling a bid for African mobile operator MTN. The paper claims that ... incurred in the wake of the global credit crunch. Copyright(c) 2008 RealTimeTraders.com, Inc. All Rights ...
- Agra Launches $47 Million Credit Line for Farmers 12 May 2008 07:17 GMT
... The Alliance for a Green Revolution in Africa (Agra) and the International Fund for Agricultural Development ... production but also a net exporter. The loans, to be offered at a 10 per ... statement that the alliance will work with banks across African countries to scale up similar models. ...
- FIRST CALGARY PETROLEUMS LTD - 1st Quarter Results 12 May 2008 07:17 GMT
... FIRST CALGARY PETROLEUMS LTD - 1st Quarter Results May ... in preliminary discussions with a group of banks and the consensus view remains that financing ... in international exploration and development activities in Algeria. The Company's common shares trade on the ...
- No great surprise as reports suggest Vodafone is making a play for MTN 12 May 2008 07:17 GMT
... privy to the strength of the South African market from the start. It is large ... and a bid might not emerge. Investment banks have yet to be called in, though ... company owning a big slice of the Nigerian and Iranian cell markets, and who knows ...
- Time at the border is money 12 May 2008 06:57 GMT
... TRANSPORT quality in sub-Saharan Africa is weak and trucks are not utilised ... Burkina Faso, Ghana, Chad, Cameroon, Kenya, Uganda, Zambia and SA — with a focus on the ... forced to carry cash, often in hard currency, to make payments. “They spring up here, ...
- Africa: Global Body Calls for More Investment in Agriculture Research 12 May 2008 06:55 GMT
... and people's lives. Across Eastern and Southern Africa, more than 50 varieties of drought-resistant maize ... higher crop yields, lower production costs and savings in water and energy. Agroforestry systems are ...
- Blue subsidiary to buy Zambian lender Nedfin 12 May 2008 06:34 GMT
... SOUTH African microlender Blue Financial Services said on Friday ... on Friday it had agreed to acquire Zambian mass-market lender Nedfin, making it the biggest ... loan accounts of Nedfin. BEB holds a nonbanking financial institution licence granted to it by ...
- Iran striving to achieve self-sufficiency in oil production 12 May 2008 06:34 GMT
... Iran striving to achieve self-sufficiency in oil production Published: ... abroad in places including Turkmenistan, Venezuela and Libya, and Iran has developed some smaller fields ... Associated Press Writer Sebastian Abbot in Cairo, Egypt, contributed to this report. ...
- Four ways to ease a global food crisis over the next year 12 May 2008 06:33 GMT
... more in irrigation and rural transportation. Power African farms with solar and wind energy. Produce ... World Bank is appealing to economic self-interest. The bank helped induce Ukraine to lift grain-export restrictions by ... as a condition of qualifying for emergency loans. "We try to persuade them of the ...
- UBS launches notes to bet on platinum 12 May 2008 06:33 GMT
... obligations issued by financial institutions and carry credit risk, while ETF investors own a share of ... due to further supply disruptions from South Africa, where most of the world's platinum is mined. ... tracking various sectors of the commodity markets, currencies and precious metals. "We view ETNs and ...
- European Factors -- Shares seen mixed after Friday's drop 12 May 2008 06:16 GMT
... Aerospace and defence company Finmeccanica SpA is close ... Le Monde newspaper reported over the weekend. Credit Agricole declined to comment on the report. Libya on Friday accepted an apology from a newly ...
- Food crisis: ITUC seeks grants, loans for developing countries 12 May 2008 06:16 GMT
... ...says crisis is a failure of IMF, World ... in 155 countries of the world including Nigeria, has called on industrialised countries and governments ... countries, including Haiti, Ivory Coast, Cameroon and Egypt and dozens of people have died. Since higher ...
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