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

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  • In demand: Ethiopia's farmlands (Yesterday) 24 Nov 2009 06:51 GMT
    ... Warmest hospitality." This impoverished and chronically food-insecure Horn of Africa nation is rapidly becoming one of the ... leasing, by which relatively rich countries and investment firms are securing 40- to 99-year contracts ...

  • 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, ...

  • Somali Terror Network Alleged in Minneapolis 24 Nov 2009 01:26 GMT
    ... Washington - Federal authorities today unsealed criminal charges ... fought with al-Shabaab against Ethiopian government forces, African Union troops, and the U.S.-backed transitional Somali ... they have found evidence of support and finance cells for the network in several U.S. cities. ...

  • Somali-US youth told jihad would be 'fun' 24 Nov 2009 03:10 GMT
    ... CHICAGO (AFP) – A group of Somali-American youth recruited ... 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 ...

  • Youth forced to fight Somali war 24 Nov 2009 08:53 GMT
    ... Chicago - A group of Somali-American youth recruited to fight ... 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 ...

  • 8 charged in probe of terrorism-recruiting network in U.S. 24 Nov 2009 08:48 GMT
    ... WASHINGTON — Federal authorities Monday unsealed criminal charges ... as well as Ethiopian government forces and African Union troops. The recruitment of young people ... they have found evidence of support and finance cells for the network in several U.S. cities. ...

  • Eight more charged in federal investigation of Somali recruiting 24 Nov 2009 06:40 GMT
    ... U.S. Attorney for the District of Minneapolis B. Todd ... from the area have returned to their African homeland to fight. Some have died, family ... traveling to Somalia to fight or helping finance al-Shabaab or lying to federal agents who were ...

  • Transparency is important, even in corruption 24 Nov 2009 00:44 GMT
    ... 180 countries ranging from New Zealand to Somalia, Malaysia finds herself just left of the ... envoy will also visit selected countries in Africa and Eastern Europe that seem to have trumped ... doubt stimulate further economic growth through foreign investment. It is, after all, simply human nature ...

  • In demand: Ethiopia's farmlands (Today) 23 Nov 2009 07:42 GMT
    ... Warmest hospitality." This impoverished and chronically food-insecure Horn of Africa nation is rapidly becoming one of the ... leasing, by which relatively rich countries and investment firms are securing 40- to 99-year contracts ...

  • Egypt's Citadel Capital plans share listing 23 Nov 2009 11:50 GMT
    ... expand. According to a report from Egyptian investment bank HC Capital, Citadel intends to undertake ... Hassan Massoud to head the firm's East African office as it pursues growth opportunities across the Horn of Africa. Massoud, a former senior analyst at AT ...

  • Eight charged in US-Somali youth terror network 23 Nov 2009 23:43 GMT
    ... The young men -- all but one of whom were ... and many ended up fighting Ethiopian forces, African Union troops and the internationally-supported Transitional Federal ... Arabia and then using the money to finance the trips to Somalia. The counts unsealed Monday ...

  • 5th Fastest Growing Economy in the World in 2010 - Economist 23 Nov 2009 06:32 GMT
    ... Be vigilant my country men Legese is bribing the ... could soon surpass Kenya, to become East Africa's biggest economy...." Bad Zenawi.... Bad Zenawi....We need ... keep on tilling the land or partially mortgage it to undertake gainful entrepreneurship in the towns ...

  • All sitting comfortably? 23 Nov 2009 02:51 GMT
    ... Published: November 23 2009 02:00 | Last updated: ... starts with educated children", it builds and stocks libraries, constructs schools, offers scholarships for girls and ... Cambodia, Sri Lanka, Laos, India, Bangladesh, South Africa and Zambia - it funds only projects ...

  • UPDATE 1-Egypt's Citadel lists shares, eyes rights issue 23 Nov 2009 11:32 GMT
    ... CAIRO, Nov 23 (Reuters) - Cairo-based private equity firm ... its investments in Middle East and East African countries, especially those with big domestic markets ... months. In addition, it has been seeking finance for investments from regional sources and development organisations, ...

  • Egypt's Citadel lists shares 23 Nov 2009 14:11 GMT
    ... Cairo, Nov 23 - Cairo-based private equity firm Citadel ... its investments in Middle East and East African countries, especially those with big domestic markets ... months. In addition, it has been seeking finance for investments from regional sources and development organisations, ...

  • Citadel looks to expand in Middle East 23 Nov 2009 15:46 GMT
    ... CAIRO (Reuters) - Cairo-based private equity firm Citadel Capital ... its investments in Middle East and East African countries, especially those with big domestic markets ... months. In addition, it has been seeking finance for investments from regional sources and development organizations, ...

  • Egypt's Citadel Capital lists shares 23 Nov 2009 17:27 GMT
    ... Cairo, Nov 23 - Cairo-based private equity firm Citadel ... its investments in Middle East and East African countries, especially those with big domestic markets ... coming months. It has also been seeking finance for investments from regional sources and development organisations, ...

  • State Tightens the Noose on Traders of Fake Goods 23 Nov 2009 21:53 GMT
    ... Kenya's fragile manufacturing sector is set to get a ... establishment of a common market in East Africa. The agency offers Kenyan industrialists a strong ... fake products remains a key source of finance for terrorist and insurgencies around the world. In ...

  • Djibouti: U.S. outpost in fighting terrorism 22 Nov 2009 05:19 GMT
    ... combating terrorism, look no farther than this Horn of Africa nation. One of America's many outposts in ... is good for us," bringing stability and investment by Arab gulf countries. Sitting in his ...

  • Investment in agriculture is soaring. So, worryingly, is distrust of markets and trade 19 Nov 2009 16:33 GMT
    ... words were food, nobody would go hungry Investment in agriculture is soaring. So, worryingly, is ... famine is again stalking the Horn of Africa. Has anything been done to prepare for ... the amount is not trivial. It would finance for three years the annual $7 billion that ...

  • Kenya, Ethiopia to implement infrastructure projects 18 Nov 2009 04:36 GMT
    ... meeting in Addis Ababa ahead of the African Summit of the Group of Ten on ... is facing in restoring peace in the Horn of Africa country. The Kenya delegation at the bilateral ... that would attract both local and foreign investment to spur economic growth and create jobs ...

  • In Ethiopia, farmland is hot property 22 Nov 2009 22:31 GMT
    ... hospitality." This impoverished and chronically food insecure Horn of Africa nation is rapidly becoming one of the ... leasing, by which relatively rich countries and investment firms are securing 40- to 99-year contracts ...

  • New approach to aid needed in Africa 20 Nov 2009 11:12 GMT
    ... Ethiopia, chronic hunger has returned to the Horn of Africa. Last month the Ethiopian government called for ... Today it is growing a surplus. Government investment in subsidising fertilisers, tools and seeds has ...

  • Ethiopian election a campaign of intimidation 18 Nov 2009 11:15 GMT
    ... to the World in general and to Africans in particular, that we meant viably business. As such, ... we've proved that Eritrea has become an investment island from all walks of life, be ... sponsoring countries, to the alleged invasion of Djibouti, to Yemeni/Woyane sabotage to put Eritrea in ...

  • Q+A-Eritrea's mining potential, players and risks 19 Nov 2009 12:34 GMT
    ... will not see a profit on its investment until 2012 at the earliest. * In ... a targeted attack. Relations with Ethiopia and Djibouti remain hostile. Some bigger miners were scared ... have spawned corruption and violence elsewhere in Africa. * Sanctions -- The momentum towards imposing sanctions on ...


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