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East Africa Finance News is an EIN News Service for finance industry professionals. Constantly updated news and information about East Africa Finance.
Latest East Africa Finance News
- 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 ... can best be described as Kleptocracy. In East Africa Kenya is ranked the most corrupt country ... development with corruption? Why do they ignore investment in agriculture, sanitation, water, health, education, roads ...
- 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 ...
- 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 yet another ... incentives must be accompanied by corresponding diplomatic investment in moving key international actors to demand ... to serve as guarantors for its implementation. Kenya was also a key CPA negotiating partner ...
- AIDS death toll passes 25 million: UNAIDS 25 Nov 2009 05:30 GMT
... most notable progress has been reported in Africa, the report said. HIV infections have fallen ... fallen by 25 percent since 2001 in East Africa, while the figure for sub-Saharan Africa as ... effective treatment became available. "International and national investment in HIV treatment scale-up has yielded concrete ...
- NuMobile, Inc. Announces 3rd Quarter Update Webcast in Conjunction With Current Financial Report Reflecting Recent Acqui 25 Nov 2009 00:11 GMT
... the emerging economies of Latin America and East Africa. NuMobile is a SEC fully-reporting public company ... and fully understand all risks before making investment decisions. Copyright © 2009, MarketWire Copyright © ...
- NuMobile, Inc. Announces 3rd Quarter Update Webcast in Conjunction With Current Financial Report Ref 25 Nov 2009 00:14 GMT
... the emerging economies of Latin America and East Africa. NuMobile is a SEC fully-reporting public company ... and fully understand all risks before making investment decisions. ...
- World Bank to start agriculture fund with $1.5 bln 25 Nov 2009 01:51 GMT
... with increased speculation in commodity markets by investment funds have increased the risk that food ... billion to feed 20 million people in east Africa over the next six months, and secured ...
- World Bank to start agriculture fund with $1.5 billion 25 Nov 2009 02:34 GMT
... with increased speculation in commodity markets by investment funds have increased the risk that food ... billion to feed 20 million people in east Africa over the next six months, and secured ...
- Rwanda is Not Undemocratic 25 Nov 2009 03:31 GMT
... I read with wonderment, bemusement and amazement an article by ... I dont fathom its relevance to poor African states. That said, Mr. Ingram faults Rwanda ... chair of commonwealth states; there is health insurance for every Rwandan and one gets treatment ...
- Agriculture can adapt to climate change 25 Nov 2009 03:53 GMT
... — implementing them may well require financial investment beyond the capacity of most rural communities. ... are already being observed across parts of Africa including Malawi, Mozambique, Zambia and Zimbabwe. Changes in ... in groundnut is temperature dependent, while in Kenya resistance to sorghum midge ( ) breaks ...
- Congo Army Helps Rebels Get Arms, U.N. Finds 25 Nov 2009 05:31 GMT
... report says that the Congolese Army continues to funnel ... out of Congo, helping sustain one of Africa's bloodiest and most complicated wars. A gold ... lays bare exactly how various rebel groups finance their brutality, tracing the flow of illegal minerals ...
- Belt-tightening consumer worries Tiger Brands 25 Nov 2009 03:10 GMT
... a tough financial year as the South African consumer continues to keep the reins tight, but ... would put its earnings back into brand investment, point of sale marketing, as well as ... turnover of the African businesses, Haco Industries (Kenya) and Chococam (Cameroon), in which the company ...
- Adcock signs empowerment deal of R1,3bn 25 Nov 2009 05:23 GMT
... Trust, and Kurisani Youth Development Trust, the investment arm of the HIV prevention programme LoveLife. ... plans for Adcock after its move into Kenya earlier this year. Adcock was poised to ... strategy to extend its reach into west Africa. Adcock had made an offer of R178,4m, which ...
- Jihad is fun, Somali-American youth told 25 Nov 2009 05:26 GMT
... Some 20 young men - all but one of whom ... young ethnic Somalis from Somalia, elsewhere in Africa, Europe, and the United States." Two of ... Isse is accused of raising money to finance the trips to Somalia by telling community members ...
- Ugandan oil deals 'serve foreign firms' 24 Nov 2009 05:10 GMT
... Tallow Oil would reap “excessive” profit in Uganda, an advocacy group said yesterday , amid ... business in the country,” it said. East Africa’s third-largest economy hopes to join major oil- ... deals inked with Kampala, based on its investment and oil price projections. “Since it’s internationally ...
- Kenya to end power shortages 24 Nov 2009 15:33 GMT
... end to future power shortages in the east African state, saying the government will move into solar, ... the private sector to assist in making investment decisions on the size and timing of ...
- Bahrain to host first Global Investment Research Challenge in GCC 24 Nov 2009 10:30 GMT
... Bahrain Society is an association of local investment professionals consisting of portfolio managers, investment advisors, ... Sarah-Jane Purvis CFA Institute (Europe, Middle East, Africa) Tel: +44 (20) 7531-0755 / 0766 Vadia ...
- Kenya: Nakumatt sets Sh1.8 billion price for sale of 30 per cent stake 24 Nov 2009 14:53 GMT
... Kenya: Nakumatt sets Sh1.8 billion price for sale ... healthcare, telecommunications and banking in four other African countries. Kingdom Holding Company (KHC) -- an investment group that is associated with the Saudi ...
- 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, ...
- Gozour makes first regional acquisition in Sudan 24 Nov 2009 12:10 GMT
... equity firm in the Middle East and Africa with $8.3bn in investments under control, acquired REM in ... 2010. "Although Al Musharraf is a distressed investment, we feel that we can turn things ... regional markets, including Algeria, Ethiopia, Uganda, and Kenya. ...
- Climate' drives African conflict' 24 Nov 2009 13:12 GMT
... Climate has been cited as a factor behind civil ... a major driver of armed conflict in Africa, research shows - and future warming is ... less sensitive to extreme heat and promoting insurance plans to help protect farmers from adverse ...
- World Bank Africa boss to visit Kenya 24 Nov 2009 04:36 GMT
... World Bank Africa boss to visit Kenya Written By:Maureen Wambugu/KNA ... them Deputy Prime Minister and Minister for Finance Uhuru Kenyatta. She will also attend a luncheon ...
- African Markets - Factors to watch on Nov 24 24 Nov 2009 06:10 GMT
... Nov 24 (Reuters) - The following company announcements, scheduled economic ... market moves and political events may affect African markets on Tuesday. - - - - ... on all African stock click on NIGERIAN STOCKS Nigeria's all-share index shed 0.58 percent to 21,508.59 ...
- Heritage Oil to sell Ugandan fields to Italy's Eni 24 Nov 2009 04:34 GMT
... agreed to sell its stakes in two Ugandan fields to Italy's Eni SpA for up ... part of an its expansion in sub-Saharan Africa. It also has interests in Angola, Nigeria, Gabon, ... sale recognized "the very large multibillion dollar investment which is required to develop the Albert ...
- HeritageOil to sell Ugandan fields to Italy's Eni 24 Nov 2009 04:35 GMT
... agreed to sell its stakes in two Ugandan fields to Italy's Eni SpA for up ... part of an its expansion in sub-Saharan Africa. It also has interests in Angola, Nigeria, Gabon, ... sale recognized "the very large multibillion dollar investment which is required to develop the Albert ...
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