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From Zambian Economist
Mon Jan 7 2013, 13:30:00
The success of the $750m Eurobond is leading to various public sector bodies to consider more bond debt to finance various infrastructure.
ZESCO has been on the road looking to acquire $2 billion debt to fund new investments. The company sent managers to the U.K. and the U.S. in a bid to raise the money from investors. South Africa's Standard Bank Group Ltd is advising the company, which has meet investors in London, Boston and New York. According to Mr Chitundu (ZESCO CEO) the company may also sell a Eurobond similar to the $750 million raised by the government in September 2012, "We are probably talking $1 billion, probably even $2 billion". [view whole blog post ]
From Africa in Transition
Mon Jan 7 2013, 13:16:43
Nigeria's presidential elections are over two years away. Elite politics are already focusing in on them, however. Opposition parties are... [view whole blog post ]
From Enough blogs
Mon Jan 7 2013, 12:50:06
As the 10-year anniversary of the Darfur crisis approaches, the International Criminal Court, or ICC, is considering new arrest warrants for Sudanese officials most responsible for orchestrating crimes against civilians. ICC Chief Prosecutor Fatou Bensouda briefed the U.N. Security Council and submitted a report [pdf] last month that highlights recent incidents that may constitute war crimes and "could be part of ongoing acts of genocide" for which the court has already issued arrest warrants for Sudanese President Omar al-Bashir and three of his affiliates.
"The words of the government of Sudan representatives, promising further peace initiatives, are undermined by actions on the ground that show an ongoing commitment to crimes against civilians as a solution to the government's problems ... [view whole blog post ]
Mon Jan 7 2013, 12:42:59
I recently tried out Waze, "the world's fastest-growing community-based traffic and navigation app." The smart phone app enables drivers to easily share real-time traffic and road information, "saving everyone time and gas money on their daily commute." Waze is quite ... Continue reading → [view whole blog post ]