Tag Archives: Bank

Cabo Verde: African Development Bank to strengthen support to private sector


The African Development Bank will triple its support to Cabo Verde, the Bank announced during the country’s International Donors Conference and Investment Forum in Paris, on the theme: “Building New partnership for Sustainable Development of Cabo Verde”.

The two-day event held 11-12 December 2018, brought together more than 600 participants, including 30 international bilateral and multilateral development partners from Africa, Europe, America and the Middle-East. The event served as a unique platform for the Government of Cabo Verde to present its new national Sustainable Development Strategy (PEDS) to the international community and the private sector, and seek partnerships for its successful implementation.

In his opening remarks, the Prime-Minister of Cabo Verde, Ulisses Correia e…

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Rwanda: African Development Bank approves €115 million, providing 1.5 million people access to water


The African Development Bank’s Board has approved additional funding support of €115 million to Rwanda’s Sustainable Water Supply and Sanitation Program, enabling 1.5 million people to access improved, reliable and sustainable water supply services. 

The funding will cover strategic cities and address water and sanitation challenges in areas with a low access rate of 45% − a figure that is way below the national average of 85%.

The new financing is to scale up the country’s largest water and sanitation sector investment program. The program is co-financed by the European Investment Bank and the OPEC Fund for International Development.

In November 2017, the Bank approved an initial US$121 million loan and US$50 million Africa Growing Together Fund (AGTF) loan to Rwanda under its…

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Comerica Bank Has Decreased Royal Caribbean Cruises LTD (RCL) Position; TripAdvisor, Inc. (TRIP) Had 1 Analysts Las…


Among 7 analysts covering TripAdvisor (NASDAQ:TRIP), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. TripAdvisor had 8 analyst reports since July 11, 2018 according to SRatingsIntel. The firm has “Overweight” rating by Barclays Capital given on Wednesday, July 11. Needham upgraded TripAdvisor, Inc. (NASDAQ:TRIP) on Friday, August 3 to “Hold” rating. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) has “Neutral” rating given on Thursday, October 25 by Credit Suisse. Barclays Capital maintained TripAdvisor, Inc. (NASDAQ:TRIP) on Monday, August 6 with “Overweight” rating. Deutsche Bank maintained the shares of TRIP in report on Tuesday, July 31 with “Hold” rating. The firm has “Sell” rating given on Friday, November 9 by UBS. The stock of TripAdvisor,…

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Week in Review: Terror in the West Bank and France, Russia in the Caribbean, Theresa May's …



Terrorist attacks in Israel by Hamas operatives show that Iran is mobilizing a third front in its offensive against the Jewish State, in addition to those …
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South African Reserve Bank Act: Directive for conduct within National Payment System



South African Reserve Bank Act: Directive for conduct within National Payment System: Collection of payment instructions for authenticated …
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Kabras bank on South African flair against Impala


By AYUMBA AYODI
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From Fijian flair to South Africa’s all-round style of play but will the change of systems at Kabras Sugar help them recapture the Kenya Cup title?

That is the question as Kabras Sugar host Impala Saracens in a top of the table Kenya Cup league match at the Kakamega showground on Saturday.

Both Kabras Sugar and the Sarries are yet to concede this season. While the Western Kenya lads have won all their four matches with bonus points, Impala have won four but only one with a bonus point.

Forwards Sava Racigi and Apenisa Natambua and backs John Kubu and John Navuso won Kenya Cup title for Kabras in 2016. Then Lekima Kuidraki, Jonasa Dulo and Suliasi Tavodi and Peter Nakarawa joined during at the start of the 2017 season upon the departure of Natambua and…

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