Headlines

January rally interrupted as buyers pull back

January 27, 2012 By

NEW YORK (Reuters) - A month-long rally on Wall Street appears to be sputtering as stocks slipped on Thursday in what investors called a possible warning of weakness ahead. … [Read More...]

Brent rises above $111 on demand growth hopes, Iran threat

January 27, 2012 By

SINGAPORE (Reuters) - Brent crude rose above $111 on Friday on hopes of steady demand growth as the latest data out of the United States swelled … [Read More...]

S.Africa rand, bonds hit 2012 highs on global risk rally

January 26, 2012 By

JOHANNESBURG (Reuters) - The rand neared a three-month high against the dollar on Thursday, breaking through tough resistance as a global risk … [Read More...]

Latest News

Kenya: How Court Reached Decision to Charge Four With Crimes Against Humanity

January 24, 2012 By

Nation (Nairobi)-The following is a summary of the ICC Pre-Trial Chamber II ruling on its decisions concerning the … [Read More...]

Nigeria: We Attacked Because Governors Stopped Paying – Boko Haram

January 24, 2012 By

Vanguard (Lagos)-The Boko Haram sect has cited the stoppage of its monthly financial support for the recent attacks on … [Read More...]

Senegal: Thousands Gather Over Wade’s Sticky Election Bid

January 24, 2012 By

RNW Africa (Hilversum)-Supporters and opponents of Senegal's President Abdoulaye Wade rallied Monday in Dakar just days … [Read More...]

Banking/Insurance

South Africa: Nedbank Provides Debt Package to Universal Industries Group

January 27, 2012 By

Biz-Community (Cape Town)-Nedbank Corporate Banking has provided a R580 million six-year term debt package and a general … [Read More...]

Zimbabwe: RBZ Mulls Launching of Tradable Paper

January 27, 2012 By

Zimbabwe Independent (Harare)-THE central bank is mulling to introduce discounted and tradable paper to facilitate … [Read More...]

Zimbabwe: Restoration of RBZ’s Lender Status Crucial

January 27, 2012 By

Zimbabwe Independent (Harare)-THE absence of the Reserve Bank of Zimbabwe's role as the lender of last resort (LOLR) has … [Read More...]

Business

Nigeria: IFC Partners with Advans S.A. to Set Up Microfinance Bank in Oyo State

January 27, 2012 By

IFC (Washington, DC)-IFC, a member of the World Bank Group, is investing $1.1 million (174.5 million Nigerian naira) alongside Advans S.A., German … [Read More...]

Liberia: The Cocoa Comeback

January 27, 2012 By

allAfrica.com (Washington, DC)-"That is still a tall order," Michael Titoe says with a chuckle as he contemplates Liberia launching its own brand name … [Read More...]

Africa: NGOs Call for Focus on Intra-African Trade

January 27, 2012 By

Oxfam (Oxford)-As the 18th African Union Summit starts in Addis Ababa, civil society organizations from across Africa are concerned that the summit's … [Read More...]

Commerce

East Africa: Traders Doing Better Than Exporters, Report Says

January 27, 2012 By

Monitor (Kampala)-East African companies concentrating on domestic trade are making more profits compared to their exporting counterparts, a survey … [Read More...]

Africa: An Analysis of the Dynamics in the Renewal of the AU Commission

January 26, 2012 By

African Union (Addis Ababa)-The ongoing 18th Summit of the African Union (AU) seeks to consider, as its main theme, the issues of regional trade and … [Read More...]

Kenya: UN Plans to Trade More With Local Businesses

January 26, 2012 By

Nairobi Star (Nairobi)-The United Nations (UN) plans to widen its local vendors database to take advantage of Kenya's logistical advantage and promote … [Read More...]

Web Traffic Evolution

Business

Nigeria: IFC Partners with Advans S.A. to Set Up Microfinance Bank in Oyo State

January 27, 2012 By

IFC (Washington, DC)-IFC, a member of the World Bank Group, is investing $1.1 million … [Read More...]

Liberia: The Cocoa Comeback

January 27, 2012 By

allAfrica.com (Washington, DC)-"That is still a tall order," Michael Titoe says with a … [Read More...]

Africa: NGOs Call for Focus on Intra-African Trade

January 27, 2012 By

Oxfam (Oxford)-As the 18th African Union Summit starts in Addis Ababa, civil society … [Read More...]

Commodities

Rwanda: Local Tea Sales Dip At Mombasa Auction

January 25, 2012 By

New Times (Kigali)-Rwanda's tea sales at the Kenyan-based Mombasa Tea Auction market … [Read More...]

Liberia: Price Hike

January 24, 2012 By

New Democrat (Monrovia)-A little over two weeks into the second term administration of … [Read More...]

Tanzania: Exports Continue to Save Economy

January 24, 2012 By

Daily News (Dar es Salaam)-EXPORTS have continued to play a crucial part on the economy. … [Read More...]

Currencies

Nigeria: Naira Weakens As Dollar Demand Rises

January 25, 2012 By

This Day (Lagos)-The naira fell slightly against the United States dollar at both the … [Read More...]

Tanzania Shilling nose-dives to 1,610 against dollar

Tanzania: Shilling Nose-Dives to 1,610 Against Dollar

January 25, 2012 By

Daily News (Dar es Salaam)-The shilling nose-dived on Tuesday against the US dollar to … [Read More...]

Nigeria: DMO to Auction N89.7 Billion Bond, As Naira Bows to Demand Pressure

January 24, 2012 By

Leadership (Abuja)-The Debt Management Office (DMO) will today hold its first auction for … [Read More...]

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Development

Africa: Global Fund Supporters Call for Continuing Action At Tenth Birthday

January 26, 2012 By

Global Fund (Geneva)-Series of portraits of global fund supporters - including Zachie … [Read More...]

Africa: Global Fund Welcomes Commitment from Gates Foundation

January 26, 2012 By

Global Fund (Geneva)-The Global Fund to Fight AIDS, Tuberculosis and Malaria warmly … [Read More...]

Africa: Gates Foundation Commits US$ 750 Million to Global Fund

January 26, 2012 By

Gates Foundation (Seattle)-The Bill & Melinda Gates Foundation today renewed its … [Read More...]