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Latest Senegal Finance News

  • Record rice production; high prices may remain 12 May 2008 10:16 GMT
    ... bridges are impassable. Several rice warehouses and stocks were destroyed. Rice prices in Rangoon have already ... Republic of Iran, Saudi Arabia, Nigeria and Senegal. “Prices are expected to remain extremely firm, ... the past two decades, such as low investment in agriculture, especially irrigation, reduced funding for ...

  • African economic growth seen rising to 5,9% - AfDB 12 May 2008 07:36 GMT
    ... African economic growth seen rising to 5,9% - AfDB ... Guinea Bissau, Eritrea, Djibouti, the Gambia and Senegal would be hardest hit by rising food ... hit by rising food prices. The development finance institution - whose members include 53 African countries ...

  • Soaring food prices seen as opportunity for African farmers 12 May 2008 03:16 GMT
    ... available to some 2.5 million farmers. In Senegal, President Abdoulaya Wade has unveiled a plan ... the UN Millennium Project as proof that investment paid off. 'Crop yields there have increased ...

  • Asia's Trade Outwits West's Aid in Africa 11 May 2008 23:30 GMT
    ... bank states that Asia’s growing trade and investment in Africa holds great potential for African ... have signed economic partnership agreements with Europe. Senegal said a majority of African leaders opposed ...

  • Celtel considering 3G roll-out in Ghana 11 May 2008 17:15 GMT
    ... international operators capable of making the required investment. The company is currently ludicrously over-staffed (3,700 ... for providers in Cote d’Ivoire, Ghana, Nigeria, Senegal, Mali and Cameroon so that people from ...

  • Behind the food riots: a debate on how best to farm 11 May 2008 10:49 GMT
    ... distributes subsidized wheat in urban centers. — SENEGAL: Reaches deal with India to ensure Senegal's ... — BRAZIL: Bans exports of government rice stocks. — ARGENTINA: Maintains rice export ban to Brazil ... people deeper into poverty. Despite calls for investment in farming, many governments seem stuck in ...

  • Behind the food crisis: 'capitalism's historical failureâ 11 May 2008 06:17 GMT
    ... that governments and dealers normally hold as insurance against bad harvests. World grain stocks are now at their lowest point ever, ... into gas tanks, and that new agricultural investment worldwide is being directed towards palm, soy, ...

  • Behind the food crisis: 'capitalismâs historical failureâ 11 May 2008 05:56 GMT
    ... that governments and dealers normally hold as insurance against bad harvests. World grain stocks are now at their lowest point ever, ... into gas tanks, and that new agricultural investment worldwide is being directed towards palm, soy, ...

  • Rice smuggling escalates 11 May 2008 04:38 GMT
    ... By Daily Guide Fri, 09 May 2008 Business/Finance Following the fast depleting stocks and soaring prices of all varieties of rice, African breeders are casting their nets ...

  • Racism blights the boomtime 10 May 2008 23:40 GMT
    ... football garden has never looked rosier. Big investment, rising standards, top foreign coaching gurus, and ... that appeared after Marseille left St Petersburg." Senegalese defender, Pascal Mendy – now at Kaunas ...

  • Arab bank vows to help Africa 10 May 2008 08:35 GMT
    ... Published: Saturday, 10 May, 2008, 04:53 AM Doha ... of the African Development Bank, where African finance ministers, donors and economists are expected to discuss ... disturbances in several African countries, including Mozambique, Senegal and Cameroon. Khelef warned that Africa was ...

  • IFC opens a $30 million Trade Finance Line to Raiffeisen Bank Aval 9 May 2008 11:32 GMT
    ... The FINANCIAL -- IFC, a member of the World ... in to join the IFC Global Trade Finance Program. IFC’s $30 million trade finance line to ... Ethiopia, Ghana, Kenya, Liberia, Mexico, Nicaragua, Rwanda, Senegal, Sierra Leone, South Africa, and Trinidad and ...

  • African farmers face bleak future over land for biodiesel production 9 May 2008 04:43 GMT
    ... By Daily Express Wed, 07 May 2008 Business/Finance Officials of the Agricbusiness Accountability Initiative (AAI), an ... unrests in Burkina Faso, Cote D’ivoire and Senegal, Mr. Ssuuna said a proper policy on ... our sectors.” According to him, a proper investment policy by African governments would have ensured ...

  • As Australia dries, a global shortage of rice 9 May 2008 04:42 GMT
    ... as a lucrative, or at least safe, investment. All these factors have made countries that ... global market vulnerable to extreme price swings. Senegal and Haiti each import four-fifths of their ...

  • Turning towards Mecca 8 May 2008 19:07 GMT
    ... the Muslim north, will turn to Islamic finance, and that firms will raise money through Islamic ... First Community Bank, both backed by Gulf investment. Western banks are also dipping their toes ... to fund two tourism projects in 2006. Senegal is said to be contemplating issuing a ...

  • IFC Trade Finance Program Expands to Ukraine, Improving Access to Finance for Corporate Clients and Smaller Enterprises 8 May 2008 17:49 GMT
    ... IFC Trade Finance Program Expands to Ukraine, Improving Access to Finance ... Ethiopia, Ghana, Kenya, Liberia, Mexico, Nicaragua, Rwanda, Senegal, Sierra Leone, South Africa, and Trinidad and ...

  • ArcelorMittal plans to invest $5-10bn in Indonesia 8 May 2008 16:16 GMT
    ... and mining sector. As part of its investment plans for Southeast Asia's top economy, ArcelorMittal ... between $5-10 billion," ArcelorMittal's executive vice-president for finance, Sudhir Maheshwari, told reporters. The head of the ... and acquisitions in developing countries such as Senegal, Liberia, India and Russia. Indonesia is home ...

  • France Urges Creation of Health Insurance in Poor Countries 8 May 2008 14:49 GMT
    ... France has called for the creation of health insurance systems in poor countries, particularly in the ... mechanisms, including through foundations, public-private partnership, and micro-finance." But his calls ran into opposition from ...

  • ArcelorMittal may invest $5-10 billion in Indonesia 8 May 2008 14:10 GMT
    ... and mining sector. As part of its investment plans for Southeast Asia's top economy, ArcelorMittal ... between $5-10 billion," ArcelorMittal's executive vice-president for finance, Sudhir Maheshwari, told reporters. The head of the ... and acquisitions in developing countries such as Senegal, Liberia, India and Russia. Indonesia is home ...

  • An Insatiable Global Hunger for Grain 8 May 2008 12:52 GMT
    ... Riots have broken out in Mexico , Senegal , Morocco and Mauritania . Local agriculture ... reflect the current evolution, are popular with investment funds. According to Barcap (a Barclays subsidiary ... managed by listed investment funds (ETFs in finance jargon) on European agricultural products grew fivefold from ...


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