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Africa Finance News is an EIN News Service for finance industry professionals. Constantly updated news and information about Africa Finance.
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Latest Africa Finance News

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  • What is wrong with African leaders? 25 Nov 2009 00:44 GMT
    ... embezzlement are a way of life for African leaders. From South Africa to Egypt there is no country where corruption is ... development with corruption? Why do they ignore investment in agriculture, sanitation, water, health, education, roads ...

  • African Markets - Factors to watch on Nov 25 25 Nov 2009 06:10 GMT
    ... Nov 25 (Reuters) - The following company announcements, scheduled economic ... - - - - GLOBAL MARKETS Asian stocks gained on Wednesday after the Federal Reserve ... BANKING A two-day Pan-African Islamic Banking and Finance Summit begins. Officials are expected to address challenges ...

  • Letter of Intent Signed to Form Helios Towers Africa Ltd. with $350 Million of Equity Financing from Global Investor Group 25 Nov 2009 00:47 GMT
    ... of Intent Signed to Form Helios Towers Africa Ltd. with $350 Million of Equity Financing from ... Management LLC, and funds advised by Helios Investment Partners LLP announced today the signing of ... plan that has been successfully deployed in Nigeria by Helios Towers Nigeria Ltd. ("HTN"), which ...

  • Zambia mines drain power 25 Nov 2009 05:55 GMT
    ... Zambia will next year face increased power cuts ... load shedding next year because of the investment in the mining and agriculture sectors," said ...

  • UPDATE 3-Canada ready to finance DR Congo despite hitch 25 Nov 2009 04:32 GMT
    ... provide the needed financing assurances. The Central African nation said the dispute centered on a ... more time to consult "on the current investment environment" in Congo but that after its ... problem. This is unacceptable." A Canadian government finance official said Ottawa had not blocked the rescheduling ...

  • Government to finance DR Congo despite hitch 25 Nov 2009 05:20 GMT
    ... provide the needed financing assurances. The Central African nation said the dispute centered on a ... more time to consult "on the current investment environment" in Congo but that after its ...

  • Zimbawe- Trade deal with South Africa of farm products 25 Nov 2009 00:41 GMT
    ... Zimbawe- Trade deal with South Africa of farm products Zimbabwe and South Africa ... and South Africa have signed a bilateral investment protection treaty. However, the treaty omits the ...

  • Libya to allow NGOs, limit death penalty: Magistrate 25 Nov 2009 05:26 GMT
    ... "If the new legislation is adopted, Libyan citizens will have ... of a legal committee tasked with amending Libya's penal code, told reporters. According to the ... all individuals who support, create, join or finance organisations proscribed by law. Statutes and rules ...

  • Climate 'drives African conflict' 25 Nov 2009 00:42 GMT
    ... Previous research has shown an association between lack ... researchers used databases of temperatures across sub-Saharan Africa for the period between 1981 and 2002, ... less sensitive to extreme heat and promoting insurance plans to help protect farmers from adverse ...

  • Area Stocks: Diageo to sell brands in Tanzania 25 Nov 2009 03:10 GMT
    ... The region's stocks fell Tuesday, including United Technologies Corp. and Emerson ... said Serengeti Breweries Ltd. will distribute East Africa Breweries Ltd./ Diageo brands in Tanzania. The ...

  • InterGlobal launches PMI plans for Africa 25 Nov 2009 04:30 GMT
    ... International private medical insurer InterGlobal has launched two ... has launched two new international private medical insurance (PMI) plans, designed especially for the African market. The new InterGlobal Africa Plans are ...

  • New start-up bill payment firm launches in Egypt 25 Nov 2009 06:18 GMT
    ... held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a ...

  • Africa's new threat: Sudan at flash point 25 Nov 2009 00:15 GMT
    ... , the largest country in Africa, is on the verge of plunging into ... incentives must be accompanied by corresponding diplomatic investment in moving key international actors to demand ...

  • Zimbabwe and South Africa set to sign Bippa 25 Nov 2009 03:10 GMT
    ... Zimbabwe and South Africa set to sign Bippa The signing of the Bilateral Investment Promotion and Protection Agreement (Bippa) between South Africa and Zimbabwe would go ahead on ...

  • Finance: Actuaries to qualify in SA 25 Nov 2009 05:56 GMT
    ... Aspiring actuaries would now be able to get a South African qualification, instead of doing it through the UK or elsewhere, the Actuarial Society of ...

  • South African Markets - Factors to watch on Nov 25 25 Nov 2009 06:15 GMT
    ... Thomson Reuters is the world's largest international multimedia news ... news, small business news, news alerts, personal finance, stock market, and mutual funds information available ...

  • Morocco signs international investment accord 25 Nov 2009 03:15 GMT
    ... We welcome your comments on Magharebia's articles. It is our hope that you will use this ...

  • Scam warnings: Attorney general offers advice 25 Nov 2009 02:34 GMT
    ... Attorney General Terry Goddard (right) speaks privately with ... he said. “Check your bank statement and credit card statement carefully every month.” A “confetti” or ... scams; Internet auctions and fraud; identity theft; mortgage foreclosure “rescue” schemes; payday and other “quick ...

  • 4 Important Steps to Avoiding Holiday Shopping Scams 25 Nov 2009 02:12 GMT
    ... The Holiday season this year is very unique because ... simple things like not show your entire credit card or bank account number. Avoid look-a-like sites ... are more secure than your debit card. Credit cards and online payment accounts stake their reputations ...

  • TD Ameritrade Survey: In Undecided Economy, Americans Are Determined to Save and Invest More in New Year 25 Nov 2009 05:27 GMT
    ... this positive trend are Hispanic Americans and African Americans, with a total of 56 percent ... percent plan to start or build an investment portfolio, such as stocks or mutual funds, compared to 13 percent in ...

  • SA out of recession 25 Nov 2009 05:32 GMT
    ... at Nomura London about whether the South African economy is now on a sustainable growth ... driven by government spending as well, government investment and getting ready for the World Cup next ... not to overplay those - for instance consumer credit doing much better than corporate credit around ...

  • American Casino, An Edgy, Fast-paced Documentary on the Financial Meltdown 25 Nov 2009 01:34 GMT
    ... ratings agencies, the mercenary banks, the venal mortgage lenders, and the long daisy-chain of opportunists and ... which clogged the credit markets and sent stocks into a nosedive. The Cockburn's also interview ... agency executive who caved in to the investment banks and gave them the triple A ...

  • Investor pumped millions into Rothstein's scheme 25 Nov 2009 03:31 GMT
    ... called it a "high yield low risk'' investment strategy. Levin would become Rothstein's rocket-booster, taking ... as $200 million at one point to finance investments, records show. And Levin apparently kept rolling ... to Morocco, and his law firm faced bankruptcy. Banyon's spokesman, Derris, said Scherer's allegations against ...

  • World Bank awaits State's response on Kafue Gorge 25 Nov 2009 06:14 GMT
    ... on the report submitted by the International Finance Corporation (IFC) on the proposed development of ... in developing countries by financing private sector investment, mobilising capital in the international financial markets, ... and options and institutional arrangements to the Zambian Government. The report was submitted last month. ...

  • Infrastructure tops FG's plan for 2010 25 Nov 2009 00:47 GMT
    ... By Gabriel Omoh, Emmanuel Aziken & Inalegwu Shaibu ABUJA ... the country, which vies with Angola as Africa’s biggest oil producer, assume oil output of ... Makarfi, chairman of the Senate committee on Finance were yet to study the budgetary proposals as ...


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