Upcoming EventsMar27MonMar28Tueall-day 4th African Islamic Finance summit @ Hyatt Regency4th African Islamic Finance summit @ Hyatt RegencyMar 28 – Mar 29 all-day4th African Islamic Finance summit read moreShareApr4TueApr6Thuall-day Global Forum on EPC Project Mana...Global Forum on EPC Project Mana...Apr 6 – Apr 7 all-day6th – 7th April, Berlin Conference overview EPC Project Management is the “Heart” of internal and external Operational division of Power and O&G industries with its own Scale and Complexity. With the current challenges and the drop in the oil price, Contract … Continue reading →Apr17Monall-day Future Play & Playspaces MENA 2017 @ DubaiFuture Play & Playspaces MENA 2017 @ DubaiApr 17 – Apr 18 all-dayFuture Play & Playspaces MENA has been specifically created for those developing, designing, building and equipping indoor and outdoor play facilities across the MENA region. It’s an event dedicated to showcasing the growing business opportunities in this rapidly expanding sector. … Continue reading →Apr24Monall-day 3rd Congo International Hydrocar... @ The Palais des Congres, Brazzaville3rd Congo International Hydrocar... @ The Palais des Congres, BrazzavilleApr 24 – Apr 26 all-dayOn behalf of the Ministry of Hydrocarbons, Republic of Congo & AME Trade Ltd, we are delighted to welcome you to the Republic of Congo’s Third International Oil and Gas Conference and Exhibition (CIEHC-3). CIEHC will take place at the … Continue reading →
Tag Archives: loans
Lopatka: “Africa wants closer cooperation with Austria” / State Secretary sets initiatives for economic cooperation and educational projects
VIENNA, Austria, May 14, 2013/African Press Organization (APO)/ – Opportunities for deepening political and economic ties to the African continent were the focus in a meeting of Austrian State Secretary Reinhold Lopatka with 25 ambassadors from African states. The Austrian Development Agency (ADA), the Austrian Development Bank and the Austrian Ministry of Finance (soft loans) are the partners in the Africa initiative, which the Federal Ministry for European and International Affairs has started with the support of the Federal Economic Chamber (WKÖ) and the City of Vienna. The African ambassadors showed great interest in stronger economic cooperation with Austria, including tourism projects and accessing Austrian know-how.
Stanbic IBTC Holdings, a member of Standard Bank Group, has declared a profit before tax of N11.7 billion for 2012, an increase of 16 percent above the N10.1 billion recorded in the corresponding period of 2011, according to its audited results for the financial year ended December 31, 2012. Similarly, profit after tax rose to N10.2 billion, translating to an increase of 53 percent over the prior year’s N6.6 billion.
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
A piece by Donald Kaberuka, President of the African Development Bank, to set the scene for the BRICS summit in Durban on 26-27 March
A Win-Win in Infrastructure – The Durban BRICS Summit
Standard Bank South Africa’s home loan book for the affordable housing market grew by 30% to R14-billion in 2012 as South Africa’s largest residential mortgate lender continued to attract first-time homebuyers in this segment.
By Simon Tesfamariam
LILONGWE, Malawi, March 14, 2013/African Press Organization (APO)/ – The African Development Bank (AfDB) Group (http://www.afdb.org) approved, on March 13, 2013, grants and loans amounting to US $73 million to finance irrigation and road rehabilitation projects in Malawi.
BAMAKO, Mali, February 11, 2013/African Press Organization (APO)/ – On January 28, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Mali.1 The Board also approved a disbursement under the Rapid Credit Facility (RCF) during the same meeting (See Press Release No. 13/24).