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

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  • Index shows rampant corruption in Africa 24 Nov 2009 06:50 GMT
    ... Published in: Legalbrief Africa Date: Mon 23 November 2009 Category: African ... TI's graft index. Former Mozambican airports company finance director Antenor Pereira, a defendant in the trial, ...

  • South Africa - Arab Bank invests in farming 24 Nov 2009 01:01 GMT
    ... South Africa - Arab Bank invests in farming The Arab Bank for ... an interview on the bank’s website. Badea’s investment is part of its new five-year plan ... Congo and Rwanda and US million (R59 million) to Burundi. – Servaas van den Bosch ...

  • Eco-Fuel-Rwandan govt pact for biofuels production 24 Nov 2009 07:11 GMT
    ... a groundbreaking agreement with the Government of Rwanda estimated to be worth in excess of ... deal is part of a larger Sub-Sahara Africa bio-fuel strategy. The investors Eco-Fuel Global and ... a sign of Rwanda's potential as an investment friendly country and it also highlights the ...

  • Rwanda to Host Continental Agro Meet 24 Nov 2009 11:13 GMT
    ... Kigali — Rwanda will play host to the Comprehensive African Agricultural Development Program (CAADP) stake holders' meeting ... take this opportunity to present its Agriculture Investment Plan that will facilitate the achievement of ...

  • Multi-Nation Yellow Fever Vaccine Push Begins 24 Nov 2009 04:34 GMT
    ... Dakar — The world's first multi-country yellow fever vaccination ... mosquito-borne disease is resurging in some sub-Saharan African countries and vaccine stocks are running low. The World Health Organization (WHO) ...

  • HeritageOil to sell Ugandan fields to Italy's Eni 24 Nov 2009 04:35 GMT
    ... part of an its expansion in sub-Saharan Africa. It also has interests in Angola, Nigeria, Gabon, ... Nigeria, Gabon, Mozambique and the Republic of Congo. Heritage chief executive Tony Buckingham said the ... sale recognized "the very large multibillion dollar investment which is required to develop the Albert ...

  • | Germany faces economic downturn with falling birth rate 24 Nov 2009 05:16 GMT
    ... Germany faces economic downturn with falling birth rate Germany, ... 14. This is contrasted with countries in Africa who have some of the youngest average ... is facing an eventual demographic "catastrophe" and bankruptcy of its welfare programmes. The Federal Statistics ...

  • Shazam Launches (SHAZAM)RED on App Store 24 Nov 2009 09:52 GMT
    ... World's first mobile app to support (RED)TM and help fight AIDS in Africa LONDON--(BUSINESS WIRE)-- Shazam, the world's leading mobile ... that product to the Global Fund to finance AIDS programs in Africa, with an emphasis on ...

  • Shazam Launches (SHAZAM)RED on App Store (BIZ) 24 Nov 2009 09:55 GMT
    ... Special Edition App can be identified by its unique ... the , to help eliminate AIDS in Africa. Companies whose products take on the (PRODUCT) ... profits from that product to the to finance AIDS programs in Africa, with an emphasis on ...

  • London-Based Ghanaian Caught In Passport Deal 24 Nov 2009 06:40 GMT
    ... A London-based Ghanaian, Solomon Melchizedec, who is a manager ... uncovered hundreds of fake documents, including national insurance numbers, security passes and passports belonging to ... media reports also suggested that the three Africans were working illegally in the UK and ...

  • Obama in China, China in Africa 23 Nov 2009 05:53 GMT
    ... from Egypt, where a two-day forum on China-Africa Cooperation was held. China has agreed to increase ... goods flood Africa. In addition, some Chinese investment comes at a high price — last ... China adds control of some of Nigeria’s, Cameroon’s and Gabon’s oil reserve in exchange for ...

  • Hungry for Opportunities, European Investors Eye Africa's Unlisted Firms 23 Nov 2009 14:00 GMT
    ... investors are hungry for shares in unlisted African firms and could provide the needed shot ... they will also need reassurance that their investment would be safe in a continent where ... 2002. The United Kingdom's CDC group-a development finance institution-last week announced that it would invest $5 ...

  • Africa largest IDA recipient 23 Nov 2009 12:12 GMT
    ... Africa has continued to be the International Development ... sacrificing long-term efforts,” said James Musoni, Rwanda’s Finance and Economic Planning Minister, who participated in discussions ...

  • First Quantum diversifies African exposure 23 Nov 2009 18:18 GMT
    ... to change the way investors view the African mining play. owns a number of properties in ... number of properties in Democratic Republic of Congo. And the Congo is a challenging jurisdiction ... law firm McCarthy Tetrault, and didn’t hire investment bankers. The Canadian content for Kiwara came ...

  • First Quantum: A Move to Legitimize African Mining 23 Nov 2009 19:24 GMT
    ... to change the way investors view the African mining play. owns a number of properties in ... number of properties in Democratic Republic of Congo. And the Congo is a challenging jurisdiction ... law firm McCarthy Tetrault, and didn’t hire investment bankers. The Canadian content for Kiwara came ...

  • African Global Capital Keen to Invest in Mining 23 Nov 2009 15:55 GMT
    ... Harare — SOUTH Africa-based investment firm, African Global Capital, believes now is ... in Chad, Niger, the Democractic Republic of Congo, Angola and South Africa. The delegation last ...

  • Climate Change Could Boost Incidence of Civil War in Africa 23 Nov 2009 21:30 GMT
    ... The study, conducted by researchers at UC Berkeley as ... It concludes by urging accelerated support by African governments and foreign aid donors for new ... less sensitive to extreme heat and promoting insurance plans to help protect farmers from adverse ...

  • 'Nguema abusing state funds' 23 Nov 2009 14:34 GMT
    ... Malabo - An opposition candidate in Equatorial Guinea's presidential election ... Obiang Nguema of abusing state funds to finance his campaign for Sunday's poll. Placido Minko Abogo ... third largest producer of oil in sub-Saharan Africa, but almost all its million inhabitants still ...

  • AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update 23 Nov 2009 21:50 GMT
    ... Philippines 9.875%, 1/15/19 1.20% 7)Citigroup/Deutsche Bank Commercial Mortgage 1.18% Trust Series 2006-CD2, Class A2 5.408%, ... Security Type Breakdown Portfolio % Corporates - Non-Investment Grades: Industrial: Basic 4.63% Consumer Non-Cyclical 3.74% ... 0.09% SUBTOTAL 29.04% Financial Institutions: Banking 1.76% Finance 0.74% Insurance 0.67% REITS 0.20% Other Finance ...

  • Yellow fever vaccine push amid shortages, resurgence 23 Nov 2009 17:50 GMT
    ... A child is vaccinated against yellow fever in Monrovia today ... mosquito-borne disease is resurging in some sub-Saharan African countries and vaccine stocks are running low. The World Health Organization (WHO) ...

  • Regional CEOs See Growth in Protocol 23 Nov 2009 12:32 GMT
    ... opened with the signing of the East Africa Community (EAC) Protocol in Arusha on Friday. ... be at a disadvantage. Juliana Kisimbi, an investment officer at the Embassy of Rwanda in ... outside Kenya include East African Cables, Jubilee Insurance, Bamburi Cement, Athi River Mining, Kenya Airways ...

  • Region Sign Customs Union Protocol 23 Nov 2009 10:33 GMT
    ... — THE five leaders of the East African Community (EAC) have signed a landmark agreement for ... Kagame of Rwanda and Pierre Nkurunziza of Burundi. The common market agreement comes into effect ... his address, President Yoweri Museveni called for investment in oil exploration and assured East Africans ...

  • What Peacock can teach you about doing business 23 Nov 2009 23:51 GMT
    ... civil instabilities. People were still timid about investment let alone construct their own homes. The ... raw materials from Kenya, Egypt, UAE, South Africa and Europe. The paint manufacturer and distributor with dealers ... distributor with dealers and stockists throughout Uganda, Burundi, Rwanda, Eastern Congo and Southern Sudan, produces ...

  • Investors Impressed By Business Climate 23 Nov 2009 10:12 GMT
    ... Friday that Rwanda, has a 'terrifically attractive investment climate' that is capable of attracting huge ... different areas of investment including Agriculture, Mining, Finance, Telecommunication, Energy, Manufacturing and construction, said there are ... this 120 million population base of East Africa," "I predict in the next 2-3 years, ...

  • ENI buys Heritage fields in Uganda 23 Nov 2009 10:56 GMT
    ... one of the biggest sedimentary bowls in Africa, and contained over one billion barrels of oil ... of 28 wells. ENI said that its investment was part of a growth strategy to ... in Angola, Ghana, Gabon, Mozambique, Nigeria and Congo. It produces about 450,000 barrels of oil ...


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