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Latest East Africa Banking News
- African Markets - Factors to watch on Dec 15 15 Dec 2009 06:14 GMT
... market moves and political events may affect African markets on Tuesday. The dollar steadied on Tuesday ... a senior official said on Monday. The east African nation's industry regulator has also urged Tanzanians ... Authority expected to release tax revenue figures. Sudan has claimed a chunk of Ugandan land, ...
- Africa turns to local bond market 15 Dec 2009 08:11 GMT
... as well as developing debt markets in Africa, the Association of African Securities Exchange has ... The PTA bank also issued bonds in Kenya and Tanzania The ASEA move comes hardly ... widely available in the emerging markets. In East Africa ESMID was launched on March 2007 to provide ...
- African Markets - Factors to watch on Dec 16 16 Dec 2009 05:35 GMT
... market moves and political events may affect African markets on Wednesday. The Australian dollar fell and ... African stock click on Shares in Nigerian banks rescued earlier this year in a $4 ... higher at 70.38 points. Finance Minister Uhuru Kenyatta due to sign a loan agreement with ...
- Resilient Economy Props Up Local Banking Sector 10 Dec 2009 22:09 GMT
... Access Bank of Nigeria, EcoBank from West Africa, First National Bank (FNB) from Africa's biggest ... the Gambia, Guinea, Sierra Leone, Ghana, Djibouti, Tanzania, Malawi and Mozambique, apart from Albania (Europe), ... and medium-sized businesses as well as retail banking, although we provide the full range of ...
- Africa rising 14 Dec 2009 16:14 GMT
... As Africa’s economies continue to grow, opportunities for collaboration ... beating the downturn. According to the OECD, East Africa is expected to see growth rise by ... In the more diversified countries such as Tanzania and those heavily reliant on agriculture such ...
- AfDB lends Nigeria's UBA $150 mln to boost credit flows 16 Dec 2009 18:35 GMT
... TUNIS, Dec 16 (Reuters) - The African Development Bank (AfDB) on Wednesday signed an agreement ... terms of assets. It has operations in Kenya and a presence in 10 other African countries. ... play a role in a wave of banking sector consolidation in the wake of the ...
- The failed promise of aid in Africa 17 Dec 2009 19:35 GMT
... recent books, united in their call for Africa’s disengagement from aid dependency, but with sharply contrasting ... citizens to play in holding their governments, banks and multi-national companies accountable for the unfair ... deaths of hundreds of Ethiopians in 2005, Kenyans in 2006 and Zimbabweans in 2008 are ...
- Education Finance a Formidable Challenge 14 Dec 2009 14:53 GMT
... I would not have finished," Ms Annet Nabukenya, a Makerere University graduate who benefited from ... the scheme, is that all students are East African citizens and hold a student's saving account with ...
- Country, IFC Enter Currency Swap Deal 14 Dec 2009 19:24 GMT
... Kigali, Dec 14, 2009 (East African Business Week/All Africa Global Media via COMTEX News ... by entering into swaps with major international banks. Currently, there are no banks in Rwanda ...
- REDD is Ready for Prime Time in Africa 14 Dec 2009 09:32 GMT
... REDD is Ready for Prime Time in Africa Notizia pubblicata in rete il 14/12/2009 09:00, tempo ... e 55 secondi SAN FRANCISCO and RUKINGA, Kenya, December 14 /PRNewswire/ -- - Wildlife Works ... operates as one of the four largest banking groups in South Africa. It is the ...
- Credit Suisse to Pay $536 Million in US Settlement 17 Dec 2009 00:18 GMT
... $1.6 billion in illegal transactions involving Iran, Sudan, Burma, Cuba and Libya from the mid-1990s through ... in similar illegal conduct.” and eight other banks have been investigated for “stripping” wire transfer ... of Arab Bank for Economic Development in Africa and Libyan Arab Foreign Investment Co. in ...
- African Markets - Factors to watch on Dec 11 11 Dec 2009 05:52 GMT
... market moves and political events may affect African markets on Friday. Asian stocks rise on Friday ... rose on Thursday, boosted by resources and banking shares after three days in the red, ... drop in pretax profit. The yield on Kenya's one-year Treasury bill weakened to 8.008 percent ...
- Credit Suisse to pay $536M to U.S. 17 Dec 2009 07:15 GMT
... business it was doing with Cuba, Iran, Sudan, Burma and Libya. Credit Suisse Group to pay ... illegal business it was doing for Iranian banks. The Justice Department announced the settlement Wednesday, ... of Arab Bank for Economic Development in Africa and Libyan Arab Foreign Investment Co. in ...
- Credit Suisse to pay $536M to US 17 Dec 2009 07:36 GMT
... business it was doing with Cuba, Iran, Sudan, Burma and Libya. Credit Suisse Group to pay ... illegal business it was doing for Iranian banks. The Justice Department announced the settlement Wednesday, ... of Arab Bank for Economic Development in Africa and Libyan Arab Foreign Investment Co. in ...
- Editor's note: Minnesotans are worried about their jobs, their health insurance and their mortgages. The 39 children in this year's Holiday Wishes program need shoes, winter coats and food. In this economic climate, it's not easy 11 Dec 2009 15:07 GMT
... the job for almost seven years," said Sudanese immigrant Mach Kuel, 34, of Ramsey. "I ... car. I never had a job in Africa. I never had money in the bank. Everything was new to me. I was ...
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