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August 2012 Blog Posts (8)

AfDB Provides US $1-Million Grant for Rehabilitation of Social Infrastructure in Madagascar

The African Development Bank Group, UNICEF and the Government of Madagascar signed a US $1-million grant agreement to fund rehabilitation of social infrastructure in the country following the devastating cyclones Giovanna and Irina, which hit the country in February. The signing took place on August 23 in Brickaville, about 250 km east of Antananarivo.

The AfDB’s…


Added by Andrea Ayemoba on August 30, 2012 at 2:54pm — No Comments

FirstBank Holds EGM on Group Holding Structure

In a move that signifies a bold step towards consolidating its operations into a group structure, Nigeria’s number one Bank Brand, First Bank of Nigeria Plc (FirstBank) will hold a court-ordered Extra Ordinary General Meeting (EGM) on September 24, 2012 where shareholders of the Bank are expected to ratify the emergence as a holding company from the…


Added by Andrea Ayemoba on August 27, 2012 at 3:42pm — No Comments

Government of Ethiopia and AfDB Sign US$ 251-million Loan Agreement to Finance Basic Services

The Government of Ethiopia and the African Development Bank signed a US$ 251-million loan agreement Friday for the “Promoting Basic Services” (PBS) Phase III Program at a ceremony held at the Ethiopian Ministry of Finance and Economic Development in Addis Ababa. H.E. Ahmed Shide, State Minister of Finance and Economic Development, and Mr. Lamin Barrow, the Bank’s Resident Representative in…


Added by Andrea Ayemoba on August 27, 2012 at 3:37pm — No Comments

Access Bank Ranks Amongst top-listed 25 West African Companies

Access Bank has emerged tops amongst highly rated West African companies in a rating by Forbes Magazine and Africa Business News (ABN Productions), the parent company of the pan-African financial and business channel, CNBC Africa. The list of the ‘Top Listed 25 West African Companies’ was made public at a special award ceremony organized by Forbes Africa in Lagos…


Added by Andrea Ayemoba on August 27, 2012 at 3:35pm — No Comments

Statement by IMF Managing Director Christine Lagarde at the Conclusion of Her Visit to Egypt

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF) made the following statement at the conclusion of her visit to Cairo, Egypt, where she met with the authorities:

“It has been a great pleasure to be back in Egypt, for the first time as Managing Director of the IMF. I was pleased to see firsthand how the country is managing the…


Added by Andrea Ayemoba on August 23, 2012 at 2:06pm — No Comments

Access Bank Receives ISO’s Security Management Certification

In attestation of its enviable security management process, Access bank has received ISO27001: 2005 certification from British Standard Institute (BSI). The certificate was presented to the Bank at its Lagos, Head Office over the weekend.

The certification was in recognition of its commitment to ensuring safety of its transaction platforms and information assets…


Added by Andrea Ayemoba on August 23, 2012 at 2:02pm — No Comments

GTBank (Ghana) Limited is now ISO 9001:2008 Certified

Guaranty Trust Bank (Ghana) Limited having been rigorously assessed by independent external auditors has now been certified as meeting the requirements of the internationally respected Quality Management System (QMS) standards-measuring instrument ISO 9001:2008.

This certification confirms that GTBank has an effective Quality Management System (QMS) in place. The…


Added by Andrea Ayemoba on August 23, 2012 at 2:01pm — No Comments

AfDB President Mourns Prime Minister Meles Zenawi

The President of the African Development Bank Group, Donald Kaberuka (left), has expressed his sadness over the passing of Prime Minister Meles Zenawi of the Federal Democratic Republic of Ethiopia.

In his condolence message to the government of Ethiopia, President Kaberuka said: “Prime Minister Meles Zenawi was a visionary and transformational leader of his country and…


Added by Andrea Ayemoba on August 23, 2012 at 2:01pm — No Comments

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