Banks

EIB backs new 216 MW gas-fired power plant in Cameroon with EUR 29.5MM – PennEnergy

The European Investment Bank (EIB) has agreed to provide EUR 29.5m long-term funding for the new Kribi power plant in Cameroon. Availability of electricity for more than 160,000 households, local industry and small businesses is set to be transformed by … Continue reading

World Bank Approves Program-for-Results – New Financing Instrument Ties Lending Directly To Verified Development Results

WASHINGTON, January 24, 2012 - The World Bank Board of Executive Directors today approved Program-for-Results (PforR), an innovative new financing instrument for the World Bank’s client countries that links the disbursement of funds directly to the delivery of defined results. Money … Continue reading

Nations’ Cup: Ghana bank on Gyan against upstarts Botswana – Vanguard

Botswana trained in South Africa and Cameroon ahead of this tournament. They held Nigeria complete with their European-based players to a goalless draw in friendly in Benin City, southern Nigeria. A final warm-up game against Zimbabwe in Gaborone was …

EU ministers pushing bondholders in Greek deal – ksl.com

Negotiations with the banks and other investment firms to reduce Greece’s debt by some euro100 billion ($129 billion) hit an impasse over the weekend, even though time to avoid a potentially disastrous default is running low. Under the deal, private … Continue reading

World Bank Projects Global Slowdown, with Developing Countries Impacted

Beijing, January 18, 2012 – Developing countries should prepare for further downside risks, as Euro Area debt problems and weakening growth in several big emerging economies are dimming global growth prospects, says the World Bank in the newly-released Global Economic … Continue reading

World Bank Statement on its Vice President for Africa

WASHINGTON, January 17, 2012 - The World Bank today announced the appointment of Makhtar Diop, a Senegalese national, as its new Vice President for Africa. He succeeds Obiageli “Oby” Ezekwesili who will return to Nigeria in early May after serving as … Continue reading

‘Time running out for two-state solution’ – YNET News

Time is running out for the two-state solution for the Israeli-Palestinian conflict, British Prime Minister David Cameron warned on Monday. “We think that time, in some ways, is running out for the two-state solution, unless we can push forward now … Continue reading

World Bank and Google Announce Map Maker Collaboration

Mapping social infrastructure for development results and disaster preparedness   Washington, January 16, 2012 – Today, the World Bank and Google announced an agreement aimed at improving the ability of developing countries to access a web-based community mapping tool and data … Continue reading

Cameron surprises Lady Buffs, 60-56 – Amarillo Globe-Times

The Lady Buffs lost their third consecutive Lone Star Conference game — and first at home — in a 60-56 loss to the Cameron Aggies in front of 1,046 fans at the First United Bank Center. “We just didn’t have … Continue reading

Cameron surprises West Texas A&M Lady Buffs, 60-56 – Amarillo Globe-Times

The Lady Buffs lost their third consecutive Lone Star Conference game — and first at home — in a 60-56 loss to the Cameron Aggies in front of 1,046 fans at the First United Bank Center. “We just didn’t have … Continue reading