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Latest Central Africa Economy News

  • Altron shifts focus to consolidation in face of 'massively challenging' markets 7 Oct 2008 20:58 GMT
    ... financial crisis would impact on the local economy, the group would be able to "weather ... the demand for telecommunications infrastructure in South Africa and in Africa continued, while the automotive ... group. Altech's rollout of broadband networks in Rwanda and East Africa, as well as the establishment of Battery ...

  • U.S. ECP buys stake in Togo's Financial BC bank 7 Oct 2008 20:27 GMT
    ... LOME, Oct 7 (Reuters) - Africa-focused U.S. private equity firm Emerging Capital Partners ... million and 20 branches in Benin, Togo, Gabon, Chad and Guinea, primarily providing consumer and institutional banking services, ... its statement on Tuesday. Banking analysts and economists say African banks are shielded to an ...

  • Lome based African Commercial Bank gets boost from ECP 7 Oct 2008 19:39 GMT
    ... Lome based African Commercial Bank gets boost from ECP A ... consumer and institutional banking in Benin, Togo, Gabon, Chad and Guinea. It has also started expansion into microfinance ... percent a year. Banking reforms and increased economic integration across the region are also said ...

  • Financial crisis will hurt Africa's growth 7 Oct 2008 19:28 GMT
    ... Africa's economic growth will suffer because foreign investment will ... countries like Guinea and Democratic Republic of Congo, which want to stop being sources of just basic ...

  • Rwanda: Kigali Gets $24 Million Boost for Regional Broadband Networks 7 Oct 2008 16:53 GMT
    ... million for a program that will see Rwanda develop her national capacity to provide broadband connectivity. The ... or EASSy submarine cables on the East African coast. Work on the both the Seacom ... transition to a service oriented, knowledge based economy." Mr Mark Williams, the World Bank task ...

  • EAC Common Market Consultations Resume 7 Oct 2008 16:47 GMT
    ... The fourth round talks of the East African Community (EAC) Common Market resumed yesterday in ... on the region's transport and competition policy, economic and monetary policy coordination. Talks on transport ... by transport experts in Bujumbura last month. Rwanda is represented by 17 members led by Prudence Sebahizi, ...

  • East African Community delegation departs after discussions with CARICOM 7 Oct 2008 16:35 GMT
    ... GEORGETOWN, Guyana: The East African Community delegation, which was on a study tour ... representing the five partner states – Tanzania, Burundi, Rwanda, Uganda and Kenya - wrapped up their ...

  • Africo Resources Appoints Four New Directors 7 Oct 2008 16:35 GMT
    ... from operations in Quebec, Richards Bay (South Africa) and Madagascar. Prior to his tenure as President ... Katangan Copperbelt in the Democratic Republic of Congo (DRC). The development team has an operational base in the ... availability of capital and financing and general economic, market or business conditions. Investors are cautioned ...

  • Africa: Nominees for the African Banker Awards 2008 7 Oct 2008 16:30 GMT
    ... to the web 7 October 2008 The African Development Bank is delighted to announce its ... other countries, including, among others, Morocco, Egypt, Cameroon, Kenya, Mali, Mozambique and Mauritius, have all excelled allowing ... growth trends, cessation of conflicts, strengthening of economic reforms, and more trade openness, all of ...

  • Uganda takes steps to turn bananas into cash crop 7 Oct 2008 16:28 GMT
    ... at $1.7 billion (Shs2.8 trillion) in East Africa alone. “Concrete evidence indicates that the success of ... Ecuador and Colombia in the leading positions. Cameroon and Côte d’Ivoire have dominated African banana exports to ... Park, models that have helped to transform economies in Europe, America and Asia,” Dr Florence ...

  • Emerging Capital Partners Buys Stake in African Commercial Bank 7 Oct 2008 16:04 GMT
    ... SA represents ECP's continued commitment to growing African financial services sector WASHINGTON, Oct. 7 /PRNewswire/ ... consumer and institutional banking in Benin, Togo, Gabon, Chad and Guinea. It has also started expansion into the ... percent a year. Banking reforms and increased economic integration across the region have also presented ...

  • Tanzania does better in governance - survey 7 Oct 2008 15:32 GMT
    ... latest edition of the Ibrahim Index of African Governance, the country also ranks lower than before ... lower than before with respect to sustainable economic opportunity. The index, a Mo Ibrahim Foundation ... Almost as bad were Democratic Republic of Congo, Chad and Sudan - all affected by conflict too. Best ...

  • JK: Power scarcity will be history soon 7 Oct 2008 15:32 GMT
    ... fielding questions from panelists at the two-day Economist Conferences` first Business Roundtable discussion that opened ... a better destination for doing business in Africa and the rest of the world.`` A ... his remarks, Nelson Githinji, Coca-Cola East and Central Africa Vice President for Public Affairs and Government Relations, ...


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