Egypt: Industry Minister – New Financing Mechanisms in Cooperation With Banking System
Minister of Industry and Foreign Trade Hatem Saleh said that so far, the problems of 121 faltering factories have been solved through cooperation between the Industry Modernization Centre and the Federation of Egyptian Banks (FEB).
The Minister [...]
Kenya: Stadard Chartered Profits Up 40 Percent to U.S.$128.8 Million
STANDARD Chartered yesterday said profits before tax for the year ended December 31, 2012 rose 40 per cent to Sh11.6 billion, up from Sh8.3 billion the other year.
The bank’s total income was up 30 per cent to Sh21 billion with total interest [...]
TOGO: Ecobank Hosts Capital Markets Day and Announces 2013 Growth Targets
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Lomé, Togo — Ecobank Transnational Incorporated (“Ecobank” or “the Group”) held its inaugural Capital Markets Day at the Group’s headquarters in Lomé on Friday, 18th January.
The event aimed to [...]
Tunisia: Femip 200-Million-Euro Credit Line to Tunisian Banks, Announces P. De Fontaine Vive
Luxembourg — “A new credit line worth 200 million euros has been approved by the Council of the Facility for Euro-Mediterranean Investment and Partnership (FEMIP) and will be made available to Tunisian banks, starting,” 2013 announced [...]
Egypt: Statement By IMF Managing Director Christine Lagarde At the Conclusion of Her Visit to Egypt
press release
Washington, DC — Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF) made the following statement at the conclusion of her visit to Cairo, Egypt, where she met with the authorities:
“It has [...]
Gambia: Skye Bank Achieved Six Million New Investment
The managing director and chief executive officer of Skye Bank Gambia has said that his bank was able to achieve in the last one year, about US$6 million new investment already on the ground.
Akim Yusuf made this disclosure Wednesday at a press [...]
Nigeria: Ecobank to Raise $2 Billion Next Year for Expansion
Ecobank Transnational Incorporated (ETI), which operates in more African countries than any other lender, said it may raise $2 billion by June 2013 as it seeks further expansion in the continent.
Having been mandated by shareholders in 2008 [...]
World Bank Announces Makhtar Diop As Its New Vice-President for Africa
Press release
Washington — Makhtar Diop, a Senegalese national with more than 25 years of development experience, today becomes the new World Bank Vice-President for Africa.
Diop was previously Country Director for Brazil since 2009 where [...]
