Wednesday 09 May, 2012
German Investment Corporation to aquire 12% stake in Ghana’s UT Bank with $10m – Ghana Business News
 Ghana Business News |
German Investment Corporation to aquire 12% stake in Ghana’s UT Bank with $10m
Ghana Business News German Investment Corporation (DEG), a member of KfW Bank Group is to acquire about 12 per cent stake in UT Bank. This follows a deal, which makes it possible for the corporation to invest $10 million in equity in the bank. |
Standard Chartered Bank Ghana Appoints New Head Of Global Markets Business – Peace FM Online
 Peace FM Online |
Peace FM Online
Standard Chartered Bank Ghana Limited has announced the appointment of Ms Mansa Nettey as Head of its Global Markets business (or Treasury). Nettey, currently Head of Sales Financial Markets, West Africa, takes over from Mayokun Ajibade, who has taken … |
KFC Bet on Africa Middle Class Draws Global Retailers – BusinessWeek
|
KFC Bet on Africa Middle Class Draws Global Retailers
BusinessWeek Consumer spending in Africa rose at a faster pace than India and Brazil in the past decade, according to the World Economic Forum, as surging commodity prices, debt relief and a move to freer economies helped to boost economic growth. |
Nigerians Outstrip Americans in London Fashion Spending – Bloomberg
 Bloomberg |
Nigerians Outstrip Americans in London Fashion Spending
Bloomberg Foreigners account for a third of spending in the English capital’s shopping district of Bond Street, Oxford Street and Regent Street and will spend more than 2 billion pounds ($3.2 billion) this year, according to the New West End Co., … |
Time for South Africa ETFs? – Zacks.com
 PolicyMic |
Time for South Africa ETFs?
Zacks.com The country has a well developed financial system and modern infrastructure. (Read: Time to Buy the Singapore ETFs) South Africa has been endowed with vast natural resources. The country is largest supplier of platinum (~67% of total supply) in the … |
Rwanda Economic Growth to Slow to 7.7%, Finance Minister Says – Bloomberg
|
Rwanda Economic Growth to Slow to 7.7%, Finance Minister Says
Bloomberg Tourism is the largest source of foreign currency for the East African nation, accounting for about $200 million each year, Rwangombwa said in an interview yesterday in Addis Ababa, Ethiopia, where he is attending the World Economic Forum on Africa. |
ConocoPhillips Seeking a Buyer for Its Nigerian Assets – Bloomberg
|
ConocoPhillips Seeking a Buyer for Its Nigerian Assets
Bloomberg ConocoPhillips (COP), the largest US independent oil and natural-gas producer, is seeking a buyer for its Nigerian properties in a sale that may fetch $1 billion. John McLemore, a ConocoPhillips spokesman, confirmed the assets were on the block in an … |
Sub-Saharan Africa Stocks: Dangote, Kenya Reinsurance, Safaricom – Bloomberg
|
Sub-Saharan Africa Stocks: Dangote, Kenya Reinsurance, Safaricom
Bloomberg Kenya’s All-Share Index (NSEASI) advanced 0.4 percent to 63.10 by the close in Nairobi. The Nigerian Stock Exchange All-Share Index (NGSEINDX) gained 0.4 percent to 22656.76 in Lagos, according to data compiled by Bloomberg. |
First Bank Invests N500bn in Oil, Gas Projects – THISDAY Live
 BusinessLIVE |
First Bank Invests N500bn in Oil, Gas Projects
THISDAY Live By Chika Amanze-Nwachuku First Bank of Nigeria Plc has said it has expended more than N500billion in financing various oil and gas projects in Nigeria. The amount, the bank said represented its total financing activities for the upstream, midstream and … |
South Africa April Gross Reserves Fall To $49.9 Billion – Wall Street Journal
 BusinessLIVE |
South Africa April Gross Reserves Fall To $49.9 Billion
Wall Street Journal JOHANNESBURG (Dow Jones)–The South African Reserve Bank’s gross gold and foreign-exchange reserves fell $738 million to $49.9 billion in April, data released Tuesday showed, pulled downward by a lower gold price and international debt payments by the … |
The Race for New Markets – AllAfrica.com
|
The Race for New Markets
AllAfrica.com It is no wonder that southern African countries, especially the mineral-rich emerging markets but smaller economies compared to South Africa, keep finding themselves at the same investment forums, each competing for a share of the available foreign … |
First Bank to list HoldCo on NSE – BusinessDay
 BusinessDay |
First Bank to list HoldCo on NSE
BusinessDay After taking a decision to change its operating license from universal banking to holding company status, First Bank of Nigeria plc now plans to list the HoldCo on the Nigerian Stock Exchange in July. This HoldCo listing, which the Securities and … |
Share this post:
