African Export–Import Bank
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African Export–Import Bank
African Export–Import Bank, also referred to as Afreximbank, is a pan-African multilateral trade finance institution created in 1993 under the auspices of the African Development Bank. It is headquartered in Cairo, Egypt. Afreximbank's vision is to be the trade finance bank for Africa. Afreximbank's mandate is to finance and promote intra- and extra-African trade using three broad services: # Credit (Trade finance and Project finance) # Risk Bearing (Guarantees and Credit Insurance) # Trade Information and Advisory Services Afreximbank has 50 African member-countries. As of June 2020, the bank had four regional locations and is in the final stages of establishing a fifth regional office for Central Africa. The regional offices are: *Harare: managing the Southern African countries *Abidjan: managing francophone Western African countries * Abuja: managing anglophone Western African countries *Kampala: managing the countries in Eastern Africa * Yaounde: managing the countr ...
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Western Africa
West Africa or Western Africa is the westernmost region of Africa. The United Nations defines Western Africa as the 16 countries of Benin, Burkina Faso, Cape Verde, The Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Mauritania, Niger, Nigeria, Senegal, Sierra Leone, and Togo, as well as Saint Helena, Ascension and Tristan da Cunha ( United Kingdom Overseas Territory).Paul R. Masson, Catherine Anne Pattillo, "Monetary union in West Africa (ECOWAS): is it desirable and how could it be achieved?" (Introduction). International Monetary Fund, 2001. The population of West Africa is estimated at about million people as of , and at 381,981,000 as of 2017, of which 189,672,000 are female and 192,309,000 male. The region is demographically and economically one of the fastest growing on the African continent. Early history in West Africa included a number of prominent regional powers that dominated different parts of both the coastal and internal trade networks, such ...
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Seychelles
Seychelles (, ; ), officially the Republic of Seychelles (french: link=no, République des Seychelles; Creole: ''La Repiblik Sesel''), is an archipelagic state consisting of 115 islands in the Indian Ocean. Its capital and largest city, Victoria, is east of mainland Africa. Nearby island countries and territories include the Comoros, Madagascar, Mauritius, and the French overseas departments of Mayotte and Réunion to the south; and Maldives and the Chagos Archipelago (administered by the United Kingdom as the British Indian Ocean Territory) to the east. It is the least populated sovereign African country, with an estimated 2020 population of 98,462. Seychelles was uninhabited prior to being encountered by Europeans in the 16th century. It faced competing French and British interests until coming under full British control in the late 18th century. Since proclaiming independence from the United Kingdom in 1976, it has developed from a largely agricultural society to ...
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The Herald (Zimbabwe)
''The Herald'' is a state-owned daily newspaper published in Harare, the capital of Zimbabwe. History Origins The newspaper's origins date back to the 19th century. Its forerunner was launched on 27 June 1891 by William Fairbridge for the Argus group of South Africa. Named the ''Mashonaland Herald and Zambesian Times'', it was a weekly, hand-written news sheet produced using the cyclostyle duplicating process. In October the following year it became a printed newspaper and changed its name to ''The Rhodesia Herald''. The Argus group later set up a subsidiary called the Rhodesian Printing and Publishing Company to run its newspapers in what was then Southern Rhodesia. After the white minority Rhodesian Front government unilaterally declared independence on 11 November 1965, it started censoring ''The Rhodesia Herald''. The newspaper responded by leaving blank spaces where articles had been removed, enabling readers to gauge the extent of the censorship. Post Independence I ...
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Financial Institution
Financial institutions, sometimes called banking institutions, are business entities that provide services as intermediaries for different types of financial monetary transactions. Broadly speaking, there are three major types of financial institutions: # Depository institutions – deposit-taking institutions that accept and manage deposits and make loans, including banks, building societies, credit unions, trust companies, and mortgage loan companies; # Contractual institutions – insurance companies and pension funds # Investment institutions – investment banks, underwriters, and other different types of financial entities managing investments. Financial institutions can be distinguished broadly into two categories according to ownership structure: * Commercial banks * Cooperative banks Some experts see a trend toward homogenisation of financial institutions, meaning a tendency to invest in similar areas and have similar business strategies. A consequence of this might ...
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Development Finance Institution
A development financial institution (DFI), also known as a development bank or development finance company (DFC), is a financial institution that provides risk capital for economic development projects on a non-commercial basis. , total commitments (as loans, equity, guarantees and debt securities) of the major regional, multilateral and bilateral DFIs totaled US$45 billion (US$21.3 billion of which went to support the private sector). Mandate DFIs can play a crucial role in financing private and public sector investments in developing countries, in the form of higher risk loans, equity positions, and guarantees.Dirk Willem te Velde and Michael Warner (2007Use of subsidies by Development Finance Institutions in the infrastructure sector Overseas Development Institute DFIs often provide finance to the private sector for investments that promote development and to help companies to invest, especially in countries with various restrictions on the market. Some development banks i ...
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Central Bank
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ...
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AllAfrica
AllAfrica is a website that aggregates news produced primarily on the African continent about all areas of African life, politics, issues and culture. It is available in both English and French and produced by AllAfrica Global Media, which has offices in Cape Town, Dakar, Lagos, Monrovia, Nairobi, and Washington, D.C. AllAfrica is the successor to the African News Service. Its stories can be displayed by categories and subcategories such as country, region, and by news topic. In 2008, AllAfrica rolled out a comment board system. The President of AllAfrica Global Media, Amadou Mahtar Ba, is a member of the International Advisory Board International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The T ... of the African Press Organization. References External links * ReliefWeb archives of AllAf ...
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Cameroon Tribune
The ''Cameroon Tribune'' is a major newspaper in Cameroon. It is also available online. It is owned by the government. It was founded in 1974 by the '' Societé de Presse et d'Editions du Cameroun'' (SOPECAM). The French version became the only daily newspaper in the country. See also * Media of Cameroon The mass media in Cameroon includes independent outlets. The nation has only one national newspaper, which is state owned. Cameroon's media includes print publications that are both public and privately owned; a public television station and privat ... References External links ''Cameroon Tribune''s Official Website Newspapers published in Cameroon Publications with year of establishment missing {{Africa-newspaper-stub ...
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The Independent (Uganda)
''The Independent'' is a newsmagazine published in Kampala, Uganda. Overview The newspaper covers general and business news. It also has dedicated sections for news analysis, Eastern African regional news and a features section. It comes out in glossy print, but it is also available on the Internet. It is published in English only. History The paper was founded in 2007, by Andrew Mwenda, who owns, edits and publishes the news magazine. See also * List of newspapers in Uganda * Media in Uganda * Andrew Mwenda * Achola Rosario Achola Rosario (born 28 October 1978) is a Ugandan artist and reporter. Rosario uses art, poetry, and unconventional lifestyle to drive her activism on topics such as politics, love, sex, and a balance of power between the haves and the have not's ... References External links Official website Newspapers published in Uganda Mass media in Kampala Publications established in 2007 2007 establishments in Uganda {{Uganda-media-stub ...
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New Vision
The ''New Vision'' is a Ugandan English-language newspaper published daily in print form and online. Overview ''New Vision'' is one of two main national English-language newspapers in Uganda, the other being the ''Daily Monitor''. It is published by the Vision Group, which has its head office on First Street, in the Industrial Area of Kampala, Uganda's capital and largest city in that East African country. History It was established in its current form in 1986 by the Ugandan government. It was founded in 1955 as the ''Uganda Argus'', a British colonial government publication. Between 1962 and 1971, the first Obote government kept the name of its daily publication as ''Uganda Argus''. Following the rise to power of Idi Amin in 1971, the government paper was renamed ''Voice of Uganda''. When Amin was deposed in 1979, the second Obote government named its paper ''Uganda Times''. When the National Resistance Movement seized power in 1986, the name of the daily newspaper was chan ...
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