EXHIBIT 99.42

                                 PRESS RELEASE


                    BANRO RE-OPENS EXPLORATION OFFICE IN DRC


Toronto, November 24, 2003 - Banro Corporation, (the "Company") ( TSX-V Exchange
"YBE) is pleased to announce the reopening of the Company's  Bukavu  exploration
office in the Democratic Republic of the Congo (the "DRC").  Dignitaries present
at the ribbon cutting  ceremony  included a number of  distinguished  Government
Ministers  and  representatives   from  the  Presidency,   the  Vice-Presidency,
Portfolio,  Mines,  Industry,  Parliament  and Security,  the Governors and Vice
Governors  of  South  Kivu  and  Maniema  Provinces,   Mining  Cadastral,  local
officials,  Tribal chiefs and UN  representatives.  Following  the  ceremony,  a
reception attended by more than 75 people celebrated the return of Banro and its
exploration  plans for the  development of the Company's  Twangiza - Namoya gold
trend.

"The historic return of Banro is a testament to the success of the  Transitional
Government in re-establishing  control and security in the region.  Banro can be
considered the first of many  companies  interested in developing the tremendous
mining potential of this area" commented Arnold Kondrat Exec VP of the Company.

A  representative  from  Steffen,  Robertson  and Kirsten  (SRK),  the Company's
consulting  geologists  attended the event  followed with a site visit to two of
the Company's projects.

Logistics are being finalized to commence an exploration program in early 2004.


For further information please visit our website at www.banro.com or contact:


Arnold Kondrat

Exec VP & Director

Tel: (416) 366-2221