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	<title>Financial Times Africa</title>
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		<title>Google’s Eric Schmidt Sees Nairobi as Africa’s Technology Leader</title>
		<link>http://www.financialtimesafrica.com/google%e2%80%99s-eric-schmidt-sees-nairobi-as-africa%e2%80%99s-technology-leader.html</link>
		<comments>http://www.financialtimesafrica.com/google%e2%80%99s-eric-schmidt-sees-nairobi-as-africa%e2%80%99s-technology-leader.html#comments</comments>
		<pubDate>Fri, 25 Jan 2013 05:14:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Tech]]></category>
		<category><![CDATA[Technology]]></category>

		<guid isPermaLink="false">http://www.financialtimesafrica.com/?p=8649</guid>
		<description><![CDATA[(Bloomberg)) - After a week of traveling around sub-Saharan Africa, Google Chairman Eric Schmidt saw what he thinks could be the continent’s technology leader: Nairobi, Kenya’s capital.

“Nairobi has emerged as a serious tech hub and may become the African leader,” he said in apost on Google+ yesterday. Rwanda is “a jewel with a terrible past” and Nigeria has an “international image problem.”

But Kenya, with relatively stable politics and the British legal system, attracts foreign <a href="http://www.financialtimesafrica.com/google%e2%80%99s-eric-schmidt-sees-nairobi-as-africa%e2%80%99s-technology-leader.html" class="more-link">Read more [...]</a>]]></description>
			<content:encoded><![CDATA[(Bloomberg)) - After a week of traveling around sub-Saharan Africa, Google Chairman Eric Schmidt saw what he thinks could be the continent’s technology leader: Nairobi, Kenya’s capital.

“Nairobi has emerged as a serious tech hub and may become the African leader,” he said in apost on Google+ yesterday. Rwanda is “a jewel with a terrible past” and Nigeria has an “international image problem.”

But Kenya, with relatively stable politics and the British legal system, attracts foreign <a href="http://www.financialtimesafrica.com/google%e2%80%99s-eric-schmidt-sees-nairobi-as-africa%e2%80%99s-technology-leader.html" class="more-link">Read more [...]</a>]]></content:encoded>
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		<title>JPMorgan Tops Banks for Third Year as Loans Retreat</title>
		<link>http://www.financialtimesafrica.com/jpmorgan-tops-banks-for-third-year-as-loans-retreat.html</link>
		<comments>http://www.financialtimesafrica.com/jpmorgan-tops-banks-for-third-year-as-loans-retreat.html#comments</comments>
		<pubDate>Thu, 17 Jan 2013 06:18:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[USA]]></category>

		<guid isPermaLink="false">http://www.financialtimesafrica.com/?p=8643</guid>
		<description><![CDATA[By Maria Kolesnikova



(Bloomberg) - JPMorgan Chase &#38; Co. led lending to commodities companies for a third consecutive year even as global financing to the industry fell to the lowest since 2010.

The biggest U.S. bank by assets arranged $44.1 billion of loans, giving the New York-based company a 7.8 percent market share, according to data compiled by Bloomberg. Bank of America Corp. and Citigroup Inc. came next. Three Canadian banks were in the top 10, from one a year ago, as European <a href="http://www.financialtimesafrica.com/jpmorgan-tops-banks-for-third-year-as-loans-retreat.html" class="more-link">Read more [...]</a>]]></description>
			<content:encoded><![CDATA[By Maria Kolesnikova



(Bloomberg) - JPMorgan Chase &amp; Co. led lending to commodities companies for a third consecutive year even as global financing to the industry fell to the lowest since 2010.

The biggest U.S. bank by assets arranged $44.1 billion of loans, giving the New York-based company a 7.8 percent market share, according to data compiled by Bloomberg. Bank of America Corp. and Citigroup Inc. came next. Three Canadian banks were in the top 10, from one a year ago, as European <a href="http://www.financialtimesafrica.com/jpmorgan-tops-banks-for-third-year-as-loans-retreat.html" class="more-link">Read more [...]</a>]]></content:encoded>
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		<title>Kenya shilling firms vs dollar, Safaricom lifts shares</title>
		<link>http://www.financialtimesafrica.com/kenya-shilling-firms-vs-dollar-safaricom-lifts-shares.html</link>
		<comments>http://www.financialtimesafrica.com/kenya-shilling-firms-vs-dollar-safaricom-lifts-shares.html#comments</comments>
		<pubDate>Tue, 08 Jan 2013 23:27:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Banking]]></category>

		<guid isPermaLink="false">http://www.financialtimesafrica.com/?p=8638</guid>
		<description><![CDATA[NAIROBI: The Kenyan shilling firmed against the dollar on Tuesday, and on the stock exchange benchmark shares rose for the sixth straight session, lifted by Safaricom and East African Breweries.

The shilling was supported by agricultural inflows and the central bank's sale of greenbacks to commercial banks in the previous two sessions after the shilling slid.

At the 1300 GMT market close, commercial banks posted the shilling at 86.40/60 per dollar from Monday's close of 86.50/70.

"There <a href="http://www.financialtimesafrica.com/kenya-shilling-firms-vs-dollar-safaricom-lifts-shares.html" class="more-link">Read more [...]</a>]]></description>
			<content:encoded><![CDATA[NAIROBI: The Kenyan shilling firmed against the dollar on Tuesday, and on the stock exchange benchmark shares rose for the sixth straight session, lifted by Safaricom and East African Breweries.

The shilling was supported by agricultural inflows and the central bank's sale of greenbacks to commercial banks in the previous two sessions after the shilling slid.

At the 1300 GMT market close, commercial banks posted the shilling at 86.40/60 per dollar from Monday's close of 86.50/70.

"There <a href="http://www.financialtimesafrica.com/kenya-shilling-firms-vs-dollar-safaricom-lifts-shares.html" class="more-link">Read more [...]</a>]]></content:encoded>
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		<title>Egyptian central bank sells dollar as pound weakens</title>
		<link>http://www.financialtimesafrica.com/egyptian-central-bank-sells-dollar-as-pound-weakens.html</link>
		<comments>http://www.financialtimesafrica.com/egyptian-central-bank-sells-dollar-as-pound-weakens.html#comments</comments>
		<pubDate>Tue, 08 Jan 2013 23:22:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Banking]]></category>

		<guid isPermaLink="false">http://www.financialtimesafrica.com/?p=8634</guid>
		<description><![CDATA[CAIRO: The Egyptian pound fell to a new record low against the US dollar on Tuesday, extending its decline to 4.6 percent since Dec. 30 when the central bank began a new system of auctions to contain a currency crisis.

Hit by political turmoil, the pound weakened the maximum amount allowed at Tuesday's central bank auction. The cut-off price was 6.4492 pounds to the dollar -- a 0.5 percent fall from Sunday when the cut-off price was 6.4185 pounds to the dollar.

The central bank sold $60 million <a href="http://www.financialtimesafrica.com/egyptian-central-bank-sells-dollar-as-pound-weakens.html" class="more-link">Read more [...]</a>]]></description>
			<content:encoded><![CDATA[CAIRO: The Egyptian pound fell to a new record low against the US dollar on Tuesday, extending its decline to 4.6 percent since Dec. 30 when the central bank began a new system of auctions to contain a currency crisis.

Hit by political turmoil, the pound weakened the maximum amount allowed at Tuesday's central bank auction. The cut-off price was 6.4492 pounds to the dollar -- a 0.5 percent fall from Sunday when the cut-off price was 6.4185 pounds to the dollar.

The central bank sold $60 million <a href="http://www.financialtimesafrica.com/egyptian-central-bank-sells-dollar-as-pound-weakens.html" class="more-link">Read more [...]</a>]]></content:encoded>
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