China Financial Daily

April 26, 2009

East African largest economy will build Mercantile Exchange

Filed under: Financial News — Tags: — Nancy @ 8:42 am -0700

East African largest economy will build Mercantile Exchange
Xinhua in Nairobi on April 25th (Xinhua, Liu Ying), according to “banner” of Kenya on 25th, it is reported that the biggest economy in East Africa, Kenyan Government has approved the establishment of commodity exchanges in Kenya, in order to stabilize prices in commodity markets. Kenyan Chairman of the National Board of grain and agricultural products, said that his Government supports the establishment of commodity exchanges, and the concrete implementation of the creation of commodity exchanges would be finished in the coming year.

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African finance ministers called on developed countries to take decisive measures to deal with the international financial crisis

Filed under: Financial News — Tags: — Nancy @ 8:41 am -0700

African finance ministers called on developed countries to take decisive measures to deal with the international financial crisis
Xinhua in Washington on April 25th (Xinhua Chen Gang and Gu Zhenqiu) the ministers of Finance from Tanzania, Zambia and Côte d’Ivoire and other African countries, on 25th in Washington called on developed countries to take decisive measures to address the financial crisis, in order to alleviate the negative impact of the crisis on African countries. The three finance ministers at a joint press conference of its annual spring of the World Bank and the International Monetary Fund made it.

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Zambia commended China help Africa to address the financial crisis

Filed under: Financial News — Tags: — Nancy @ 8:40 am -0700

Zambia commended China help Africa to address the financial crisis
Xinhua Washington, April 25 (Xinhua N. Gang) Minister of Finance of Zambia west Beko • Musokotwane on the 25th in Washington, praised China for helping African countries to address the financial crisis has made a positive contribution. Musokotwane is the World Bank and the International Monetary Fund (IMF) at its annual spring meeting of African finance ministers an exclusive interview with Xinhua made the above remarks.

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