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    08-May-2015 to 18:24

    Standard Chartered Bank scoops Mozambique advisory deal

    APA-Maputo (Mozambique) — The state-run Mozambique National Hydrocarbons Company, (ENH) has hired the UK-based Standard Chartered Bank to act as advisor on ways of financing its holdings in multimillion-dollar projects to explore natural gas deposits in the Rovuma basin, APA can report Friday.

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    01-May-2015 to 11:36

    Nigeria’s Bank of Industry establishes over $5m fund for Nigerian film makers

    APA – Lagos (Nigeria) — Nigeria’s Bank of Industry (BoI) has established N1bn (about $5.25m) fund for Nigerian film makers.

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    30-Apr-2015 to 10:48

    AfDB approves US$30m budgetary support for Malawi

    APA-Lilongwe (Malawi) — African Development Bank (AfDB) has approved US$30 million budgetary support for Malawi, the bank announced Thursday.

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    23-Apr-2015 to 12:31

    AfDB to decide on US$18m aid to Malawi in June

    APA-Lilongwe (Malawi) — African Development Bank (AfDB) said it will decide by June on whether to release US$18 million the bank withheld from budgetary support for Malawi.

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    14-Apr-2015 to 11:32

    Lesotho apex bank allays fears over torn money

    APA-Maseru (Lesotho) — The Central Bank of Lesotho (CBL) said Tuesday that money in all its forms is acceptable as a means for value exchange except for bank notes classified as mutilated in both the Lesotho and South African currencies.

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    10-Apr-2015 to 20:39

    Rwanda: Local govts faulted for under-utilized budget

    APA-Kigali (Rwanda) — Rwanda’s Parliamentary Standing Committee has criticized ministers and mayors for being “too slow” in the implementation of budget funds, after revealing that local governments have utilized less than 45 percent of development budget allocated to them.

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    01-Apr-2015 to 13:03

    Namibia: Finance minister allays fears about ballooning national debt

    APA-Windhoek (Namibia) — Namibian Finance Minister Calle Schlettwein on Wednesday allayed fears over the pace at which the country has been accumulating debt during the past three years, a situation that has raised concern about the long-term sustainability of government financial operations.

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