Tag Archives: commercial banks

IMF Executive Board Concludes 2012 Article IV Consultation with Equatorial Guinea

MALABO, Equatorial Guinea, March 29, 2013/African Press Organization (APO)/ On January 11, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the 2012 Article IV consultation with Equatorial Guinea.1

read more

Posted in African News, Equatorial Guinea | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

ZENITH BANK SHINES DESPITE COUNTRY ‘GRAPPLING WITH BAD DEBTS’

Zenith Bank (Gambia) Limited, a subsidiary of Zenith Bank PLC., West Africa’s biggest and most profitable bank has recorded outstanding results in all indices of financial standing, for its third year of operations in the country, as confirmed in its 2012 audited annual report.

read more

Posted in African News, Gambia News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

African Utility Week to focus on getting investors excited about power projects on the continent

African Utility Week brings together the entire ecosystem for the African water and power sector, from high level government representatives, utilities and municipalities, regulators and power pools to consultants, vendors, service providers and energy intensive power users for the purpose of sharing and determining the future development of Africa’s power industry.

read more

Posted in African News, South Africa News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

ANOTHER CAPITAL FLIGHT IN THE GAMBIA

Following months of report that Prime Bank Gambia will be sold, the Central of The Gambia (CBG) has come up with reports that the bank has not met its minimum capital requirement for 2012; and therefore is required to go on “voluntary liquidation”.
“The Central Bank of the Gambia is pleased to inform the general public that 12 out of the 13 commercial banks operating in The Gambia met the minimum capital requirement of D200 Million,” a release from CBG reads.

read more

Posted in African News, Gambia News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Exclusive interview with Jan Martin Witte, Senior Project Manager at KfW Entwicklungsbank

NEW INTERVIEW: “We will provide the incremental tariff payments once the projects have delivered electricity – we shift the entire performance risk to the private sector. “

read more

Posted in Interview | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

High-level Seychelles delegation and ProgressSoft at Connected World Forum

after nationwide mobile money launch
1000+ mobile lifeline experts gather in Dubai this month

read more

Posted in African News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

IMF Executive Board Concludes 2012 Article IV Consultation with Ethiopia

 

Public Information Notice (PIN) No. 12/117

read more

Posted in African News, Ethiopia News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Rural development market gets that much needed focus

 

By Thandisizwe Mgudlwa

The revelations that a decrease in land prices and interest from property investors in South Africa has resulted in an increase in the number of retail developments across the country being economically viable, have been welcomed by various investors.

read more

Posted in African News, South Africa News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Otavi Steel Receives the Support of the Namibian Government

 

Otavi Steel is in line with the Fourth National Development Plan of Namibia, whereby manufacturing have been identified as one of the key strategic areas to bring about economic growth and employment opportunities in Namibia.

read more

Posted in African News, Namibia News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Market Opportunities and Emerging Trends in the Prepaid Card Market in Sub-Saharan Africa

 

NEW YORK, July 5, 2012 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue:

read more

Posted in African News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Zimbabwe central bank is setting up a Special Purpose Vehicle (SPV) to help raise US$150 million to boost its coffers.

RBZ Governor Gideon Gono says the Fund will kick start on March 1 and will be pooled by mobilising support from both local and international investors.

read more

Posted in African News | Tagged , , , , , , , , , , , , | Leave a comment