05262013Headline:

AfDB’s African Financial Markets Initiative Launches Website on African Local Currency Bond Markets

SPONSOR WIRE The African Financial Markets Initiative (AFMI), managed by the African Development Bank (AfDB), will launch its website www.africanbondmarkets.org on May 6, 2013. The AFMI website is designed to be a knowledge management and information [...]

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 [...]

Rwanda | Access to Finance Affects Mining Firms

BY IVAN R. MUGISHA, 25 APRIL 2012 The new president of Rwanda Mining Association (RMA), Jean Malik Kalima, says his main priority is to restore trust with banks and other financial institutions for local investors to access funding to upgrade [...]

Shared Interest to Reach More Low-Income South Africans

April 19, 2012 Shared Interest to Reach More Low-Income South Africans by Robert Kropp The investment fund’s Campaign for the Next Generation seeks to provide opportunities for an additional 500,000 low-income South Africans, while [...]

EAC HOSTS ROUNDTABLE ON WOMEN AND ACCESS TO FINANCE IN AFRICA

ARUSHA, Tanzania, April 17, 2012/African Press Organization (APO)/ — A two-day Making Finance Work for Africa (MFW4A) round table meeting on Women and Access to Finance in Africa opened yesterday in Arusha. The meeting aims at exchanging [...]

EIB To Provide EUR 70m For Kenyan Small Business

Story tools Kenyan small and medium sized businesses will benefit from increased access to long-term and attractive funding in local and foreign currency under a new EUR 70 million European Investment Bank lending scheme with leading Kenyan [...]

Ghana | Access Bank Hands 70 IBG Staff Raw Deal

BY STEPHEN ODOI-LARBI, 10 APRIL 2012 When the Access Bank and Intercontinental Bank Ghana (IBG) successfully completed their merger, industry watchers believed it would bring exciting times to both staff and management of the new entity (Access [...]

Statement by the IMF Mission at the Conclusion of Its Visit to Rwanda

KIGALI, Rwanda, March 28, 2012/African Press Organization (APO)/ — An International Monetary Fund (IMF) mission, led by Ms. Catherine McAuliffe, visited Kigali during March 15–28, 2012 to conduct discussions for the fourth review [...]

Uganda | Why banks should offer more than credit

By OSCAR ANKUNDA (email the author) Posted Tuesday, March 27 2012 at 00:00 I have been interacting with an interesting young man from Eastern Uganda over the last few weeks. I beg to call him Petero, for now. Petero intends to set up a poultry [...]