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Latest East Africa Finance News

  • India Plays Catch-Up in Africa 16 May 2008 22:30 GMT
    ... Uganda: MTN, Africa's top mobile carrier, may soon have an ... are very welcome," says Frederick Mutebi Kitaka, finance director of Quality Chemicals, Cipla's Ugandan partner. A ...

  • AP Technology NewsBrief at 3:06 p.m. EDT 16 May 2008 22:24 GMT
    ... AP Technology NewsBrief at 3:06 p.m. EDT (AP Online ... Inc.'s AOL. Same for WalletPop on personal finance, Spinner on indie music and StyleList on fashion. ... sell its iPhone in the Middle East, Africa and several European countries. France Telecom's Orange ...

  • Licensing of more banks will reduce charges - Finance 16 May 2008 21:37 GMT
    ... Licensing of more banks will reduce charges - Finance In a new approach to lower high cost ... in 1999) were protected by the Deposit Insurance Fund (DIF), but the government fully paid ...

  • Enhancing Country's Professional Services Exports 16 May 2008 21:15 GMT
    ... Process Outsourcing, Accounting, Non-banking financial services and insurance. The scale of opportunity varies for the ... opportunity varies for the Eastern and Southern African region and international markets- Europe, India and ... Kenya on the services export map, including investment promotion, creation of a virtual EPZ and ...

  • The iPhone Network Spreads To Africa And Europe 16 May 2008 20:59 GMT
    ... plan to distribute the phone in Europe, Africa and also in the Middle East. Orange did not ... include Senegal, Cameroon, Botswana, Madagascar, Mali, Reunion, Kenya and Mauritius. Even though the device is ... African area, was also considered a risky investment as the phone’s price is rather high ...

  • Mining Firms Targeted 16 May 2008 19:54 GMT
    ... The Government plans to review its taxation structure in ... the mining companies to pay more, the Finance minister says. Mr Mustafa Mkulo, the Minister for ... is attending the annual meeting of the African Development Bank. The review will most probably ...

  • AfDB, African countries sign financing deals 16 May 2008 19:51 GMT
    ... - Development | Agriculture - Nutrition The African Development Bank (AfDB) Group has ended its ... $6.8 million. A callable US $40.8 million investment was also agreed for the regional development ... document amounting to US $12.89 million to finance a Gender Responsive Skills and Community Development Project. ...

  • African Diplomatic Corps Launches Its 2008 Africa Week Celebration and Commemorates the 45th Anniversary of the African Union 16 May 2008 19:26 GMT
    ... WASHINGTON, May 16 /PRNewswire-USNewswire/ -- The African Diplomatic Corps (ADC), the group of ambassadors ... Affairs) John Simon, Vice President, Overseas Private Investment Corporation (OPIC) Ambassador Ombeni Y. Sefue, Republic ... (OPIC) Ambassador Ombeni Y. Sefue, Republic of Tanzania & AU representative Ambassadors representing countries in ...

  • European Expansion Beats Forecasts, Led by Germany 16 May 2008 19:17 GMT
    ... Brazil, Germany Sign Cooperation Deal On Environment, Energy President ... called upon Japan to release its rice stocks onto the international market," the US official ... in Kampala. The multinational chief lender will finance the services through the global partnership on output- ...

  • "BRIC" Nations Summit Seeks to Turn Economic Might Into Clout 16 May 2008 19:17 GMT
    ... Brazil, Germany Sign Cooperation Deal On Environment, Energy President ... called upon Japan to release its rice stocks onto the international market," the US official ... in Kampala. The multinational chief lender will finance the services through the global partnership on output- ...

  • African Development Bank president says food crisis undermining efforts to reach poverty goals 16 May 2008 19:17 GMT
    ... Brazil, Germany Sign Cooperation Deal On Environment, Energy President ... called upon Japan to release its rice stocks onto the international market," the US official ... in Kampala. The multinational chief lender will finance the services through the global partnership on output- ...

  • Brazil, Germany Sign Cooperation Deal On Environment, Energy 16 May 2008 19:17 GMT
    ... Brazil, Germany Sign Cooperation Deal On Environment, Energy President ... called upon Japan to release its rice stocks onto the international market," the US official ... in Kampala. The multinational chief lender will finance the services through the global partnership on output- ...

  • CEE's dramatic gains could follow China model, says World Bank 16 May 2008 19:17 GMT
    ... Brazil, Germany Sign Cooperation Deal On Environment, Energy President ... called upon Japan to release its rice stocks onto the international market," the US official ... in Kampala. The multinational chief lender will finance the services through the global partnership on output- ...

  • World Bank increases microfinance 16 May 2008 19:17 GMT
    ... Brazil, Germany Sign Cooperation Deal On Environment, Energy President ... called upon Japan to release its rice stocks onto the international market," the US official ... in Kampala. The multinational chief lender will finance the services through the global partnership on output- ...

  • Volunteers help settler Sudanese speak the word of hope 16 May 2008 19:13 GMT
    ... Back in the Nuba Mountains of central Sudan, birth dates ... of a new federal government, heat over "African" integration has eased. A change of tone ... A change of tone was displayed when Finance Minister Lindsay Tanner convened a summit for representatives ...

  • Financing plan of St. Louis nun helps needy in Africa 16 May 2008 17:25 GMT
    ... Financing plan of St. Louis nun helps needy in ... housing conditions. But with no background in finance, Sister Toni didn’t have any inkling at ... Bora also offers life and family health insurance. A sobriety program helps women who might ...

  • Project Change: Bermuda going on more missions overseas 16 May 2008 14:59 GMT
    ... In many developed nations, health care is beyond the reach ... heading to Dar Es Salaam, Tanzania, East Africa, where they will carry out more operations. ... 2008 Tanzania Mission is $50,000, which will finance the costs of travel, medical supplies, shipping and ...

  • Bechtel recognized as top U.S. construction company 16 May 2008 14:28 GMT
    ... strong in Europe, the Middle East, and Africa. Bechtel's project highlights for 2007 included High ... project in Iceland and the largest private investment in Iceland's history; and Brown's Ferry Unit ...

  • Intermec, Inc. Q1 2008 Earnings Call Transcript 16 May 2008 12:37 GMT
    ... revenue growth. In Europe, Middle East and Africa revenues increased 24%. In our Asia-Pacific region, ... I have observed is that the industry-wide investment in RFID technology is dispersed on a ...

  • Bechtel Is Top U.S. Contractor for Tenth Straight ... 16 May 2008 12:27 GMT
    ... strong in Europe, the Middle East, and Africa. Bechtel’s project highlights for 2007 included High ... project in Iceland and the largest private investment in Iceland’s history; and Brown's Ferry Unit ...

  • Lanxess India on a growth path 16 May 2008 11:50 GMT
    ... the EMEA region (Europe, Middle East and Africa, excluding Germany), LANXESS saw sales grow by ... EBITDA margin below 5%, and maintaining its investment-grade rating. ...

  • Moydow Mines Int Inc - 1st Quarter Results 16 May 2008 11:36 GMT
    ... diamonds. Exploration activities are focused principally in Africa. Moydow Mines' common shares are listed on both ... 24.7 square kilometres and it adjoins the Kenyase-Ntotoroso area currently under lease to Rank Mining ... any specialized financial agreements to minimize its investment risk, currency risk or commodity risk. There ...

  • MCL Editor Among Finalists in CNN African Journalist Awards 16 May 2008 11:36 GMT
    ... among finalists for the 2008 CNN MultiChoice Africa Journalist Award, according to a CNN press ... credit not only to MCL but also Tanzania as a nation, which missed out in ... standard for excellence for pan-African media. Our investment underlines MultiChoice Africa's active ...

  • Africa: Afdb Signs Financing Agreements With Its Regional Member Countries 16 May 2008 11:22 GMT
    ... loan window Group. The Board of Governors (finance and/or economy ministers) representing 78 member countries of ... the future of the Bank. Meanwhile, the African Development Bank (AfDB) Group and the Eastern ... well as a callable US$ 40.8 million investment in the regional development Bank. The support ...

  • Kenya injects cash into market 16 May 2008 10:19 GMT
    ... banks," said Mr Charles Ochola, head of investment banking and fund management, Suntra Investment Bank. ... James Mutuko, head of assets liability management East Africa at Standard Chartered bank. According to CBK’s ...


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