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    20-Mar-2015 to 19:42

    Mozambique forestry project gets W/Bank support

    APA-Maputo (Mozambique) — The World Bank's lending arm, the International Finance Corporation, (IFC) has agreed to support the forestry investment project of Portucel Moçambique, APA learns Friday.

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    18-Mar-2015 to 14:49

    Zambia apex bank chief blames external factors for currency slide

    APA-Lusaka (Zambia) — Newly appointed Bank of Zambia governor Denny Kalyalya has blamed the poor performance of the local currency, the Zambian Kwacha, on a number of external factors that he says could require concerted efforts from various stakeholders to turn around.

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    13-Mar-2015 to 15:36

    Namibia off the FATF international grey list

    APA-Windhoek (Namibia) — Namibia has been removed from the international grey list targeting countries with legal and regulatory shortcomings in their national Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) regulatory environment, the Bank of Namibia announced on Friday.

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    13-Mar-2015 to 14:50

    Namibian apex bank warns public against counterfeit money

    APA-Windhoek (Namibia) — The Bank of Namibia (BoN) has cautioned members of the public to refrain from circulating a counterfeit N$500 (about US$40) depicting the portrait of the country’s President-elect Hage Geingob.

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    12-Mar-2015 to 15:12

    Nigeria to reduce financial exclusion to 20% by 2020

    APA – Lagos (Nigeria) — The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has said that the apex bank is steadfast in fulfilling its commitment to achieving the target of reducing financial exclusion rate in Nigeria from 46.3 percent in 2011 to 20 percent by 2020.

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    12-Mar-2015 to 11:33

    US team arrives in Liberia to conduct audit on grants for Ebola

    APA-Monrovia (Liberia) — A team from the United States Agency for International Development (USAID) has arrived in Liberia to conduct a \"routine performance audit\" of grants made by the U.S. Government.

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    12-Mar-2015 to 10:53

    Afreximbank grants $48m credit to African companies

    APA – Lagos (Nigeria) — The African Export-Import Bank (Afreximbank) has provided lines of credit amounting to $48 million to African factoring companies in the last two years to give them liquidity and payment risk protection in their factoring activities, Dr Benedict Oramah, Executive Vice President of the Bank in charge of Business Development and Corporate Banking, has said.

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