Daily Archives: November 8, 2013
Both projects were developed by the AfDB and the three regional economic communities (RECs): EAC, COMESA and SADC.
WINDHOEK, Namibia, November 8, 2013/African Press Organization (APO)/ – An International Monetary Fund (IMF) mission visited Windhoek during October 24-November 7 to conduct the 2013 Article IV Consultation discussions with Namibia. The mission’s work focused on reviewing recent economic developments and prospects and policies to ensure continued macroeconomic stability and growth. The mission met with Prime Minister, Honorable Hage Geingob; Minister of Finance, Honorable Saara Kuugongelwa-Amadhila; Minister of Trade and Industry, Honorable Calle Schlettwein; Bank of Namibia Governor, Ipumbu Shiimi; Permanent Secretary Ministry of Finance, Ericah Shafudah; senior government officials; development partners; and representatives from the private sector and civil society.
LONDON, 8 November 2013—A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of B (Fair) and the issuer credit rating of “bb+” of East Africa Reinsurance Company Limited (East Africa Re) (Kenya). The outlook for both ratings remains stable.