AFRICAN

2ND QUARTER 2009 ISSUE 8 AN IC PUBLICATION

NIGERIAN BANKS RIDE THE STORM RAZIA KHAN ON THE ECONOMIC CRISIS MONEY TRANSFER IN HARD TIMES

$CAPITAL FLIGHT

HOW AFRICA IS BEING

BLED DRY

WIZZIT– THINKING BIG

ON SMALL ACCOUNTS ELIZABETH MALUMO: DIFFERENT BUT EQUAL

Euro Zone . • UK . • USA . • Australia . • Bahrain   • Canada . • CFA Zone  . • Cyprus . • Denmark r  • Egypt  • Ethiopia   • Gambia a  • Ghana c . • Indonesia  . • Jamaica  • Japan   • Jordan  . • Kenya hs  • Kuwait  . • Lebanon  . • Liberia . • Malaysia   • Mauritius   • Morocco h  • Nigeria N  • Norway   • Oman  . • Qatar   • Saudi Arabia ls • Sierra Leone  . • Singapore   • South Africa  . (inc tax) • Other Southern African Countries   (exl tax) • Sweden r  • Switzerland r . • Tanzania hs . • Tunisia  . • Turkey .  • UAE h  • Uganda h . • Zambia  .