Rédaction Financial Afrik, Auteur à Financial Afrik

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09/04/2013

Standard Bank Group, ICBC sign South African renewable energy project financing deal

Standard Bank Group and the Industrial and Commercial Bank of China (ICBC) have inked a R20 billion (US$2.2 billion) deal to fund renewable energy projects in South Africa. The finance deal was signed by ICBC’s chairman Jiang Jianqing and Standard Bank Group’s joint chief executive Ben Kruger.
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08/04/2013

UBA in the Nigerian Banks battle for pan-African dominance

New central bank regulations and difficulties in operating outside the domestic environment are not stopping Nigerian banks laying out plans for new pan-African growth. Up to now, UBA has been the most noted of Nigerian banks for its pan-African business. Between 2008 and 2011, UBA brought the number of African countries in which it operates…
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07/04/2013

Last chance for Egypte-IMF agreement

Egypte is close to an agreement with an International Monetary Fund. Planning Minister Asharf El-Arabi said that a final agreement with the IMF is to be reach within the coming two weeks, after applying for a $4.8 billion loan. Two year after the the uprising that ousted Hosni Moubarak, the african giant country is still…
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07/04/2013

Rwanda: African Bank Approves Over U.S.$39 Million for Skills Development

The African Development Bank has approved $39.44 million to be used in the Rwanda Skills, Employability and Entrepreneurship Programme (SEEP). The programme was designed in collaboration with the Government of Rwanda and other development partners and aims at supporting specific sector budget lines of the financial year 2012/13 budget.
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07/04/2013

Egypte: EFG Hermes is targeting wealthy African investors

Egyptian investment bank, EFG Hermes, is targeting wealthy African investors. 2012 was a dramatic year for EFG Hermes, the Cairo based investment bank with a market capitalisation of around $800 million. The ructions of the Arab Spring, particularly severe in its Egyptian home turf, caused the company’s income to fall sharply.
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05/04/2013

World Bank Sees Climate Change Cutting Crop Production in Eastern Europe and Central Asia

In parts of Eastern Europe and Central Asia, climate change is poised to hamper food production and curb rural incomes over the next decades unless farmers get the help they need through improved water management and irrigation infrastructure, wider access to technology and information, and better land management and farming practices. Although governments throughout the…
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04/04/2013

Africa Union celebrate the international mine awarness day

The African Union (AU), in collaboration with the United Nations Mine Action Services (UNMAS), the United Nations Office to the African Union (UNOAU) and the International Committee of the Red Cross (ICRC) will hold a mine risk awareness event to commemorate International Mine Awareness Day, on this Thursday, 4 April 2013, at 10:00 a.m., at…
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