Tag: Nigeria

Ecobank shareholders approve resolutions as Chairman hails improved outlook

Ecobank shareholders approve resolutions as Chairman hails improved outlook

AFRICA, BUSINESS
LOME, TogoEcobank Transnational Incorporated, parent of the Ecobank Group, the leading pan-African bank with operations in 36 countries across the continent, has concluded its 30th Annual General Meeting in Lomé, Togo. Our digitisation strategy is rapidly yielding results that are putting Ecobank firmly on its path to becoming the digital bank of choice across its pan African territories Shareholders welcomed Ecobank’s return to profit for the year to 31 December 2017 as they approved all the resolutions at the AGM, which included the ratification of the co-option of Messrs. Monish Dutt, Brian Kennedy and David O’Sullivan as Directors. They are nominees of the International Finance Corporation, Nedbank Group and Qatar National Bank respectively. The firms Deloitte and Touch
U.S. Salutes Ethiopia’s Health Heroes in Leading Efforts to Beat Malaria

U.S. Salutes Ethiopia’s Health Heroes in Leading Efforts to Beat Malaria

AFRICA, HEALTH, INTERNATIONAL
ADDIS ABABA, EthiopiaThe United States of America has expressed gratitude towards its partnership with Ethiopians in  their fight against Malaria " We salute Ethiopia’s health heroes: doctors, nurses, community health workers, lab technicians, mosquito sprayers, pharmacists, researchers, drivers, warehouse workers, data entry specialists and many more  who work every day to safeguard health, prevent illness and assist those in need." reads the letter When a young child wakes up lethargic and feverish in many rural communities, mothers often turn to health extension workers who use a rapid finger stick test to see if malaria parasites are present in the child’s blood. And if the test is positive, health workers administer an antimalarial treatment so the child can recove
Immunization partners launch week-long campaign across Africa

Immunization partners launch week-long campaign across Africa

AFRICA, HEALTH, INTERNATIONAL
BRAZZAVILLE, Republic of the Congo The World Health Organization in the African Region, in collaboration with UNICEF, African Union and other partners, has  launched the eighth African Vaccination Week (AVW).The week long campaign from 23 to 29 April 2018 under the theme: ’Vaccines work, Do your part!,’  will raise awareness of the need and right of everyone, particularly children and women, to be protected from diseases that can be prevented by vaccines. It will also draw attention to the progress that has been made to ensure access to basic life-saving vaccinations across the continent. “The African Region has made commendable progress towards improving access to vaccines. African Heads of State and Government committed to investing more in immunization services and ensurin
Ecobank launches Fintech Challenge competition for African start-ups

Ecobank launches Fintech Challenge competition for African start-ups

AFRICA, BUSINESS
  LOME, TogoEcobank , the leading pan African banking group, is inviting African fintech entrepreneurs to enter its Ecobank Fintech Challenge. Now in its second year, the initiative gives African start-ups the chance to promote their fintech solutions, and potentially to partner Ecobank in rolling out their solutions across Ecobank’s 33 markets. Ecobank is currently welcoming submissions from all start ups and developers in any of Africa’s 54 countries to enter its 2018 Ecobank Fintech Challenge at http://EcobankFintech.com 10 Finalists will be selected to participate in an Awards and Innovation Fair at the global headquarters of Ecobank in Lomé, Togo in July 2018. Following a series of pitches from the finalists, a panel of judges will select the top three winner
Anglophone West Africa’s brightening economic prospects

Anglophone West Africa’s brightening economic prospects

AFRICA, BUSINESS
LOME, TogoThe economic forecast for Anglophone West Africa is looking brighter according to analysis by Ecobank’s  research team in the newly published Anglophone West Africa section of its flagship financial website. Nigeria, Africa’s largest economy, is at last moving out of recession, Ghana’s growth continues to be strong, and the region’s smaller countries are picking up as they shake off the lingering effects of the Ebola outbreak in 2013-16. Anglophone West Africa, which stretches from Gambia in the West to Nigeria in the East, is the second regional section of the website to go live. It covers six countries Ghana, Guinea, Liberia , Nigeria , Sierra Leone and Gambia and encompasses the West African Monetary Zone, which draws together the mostly English speaking countries
Trade ministers welcome £140 million investment in Nigeria and Pakistan

Trade ministers welcome £140 million investment in Nigeria and Pakistan

AFRICA, BUSINESS, INTERNATIONAL
LONDON, United KingdomThe new investments were announced as Pakistan and Nigeria joined 53 nations in London for the Commonwealth Heads of Government Meeting (CHOGM), with the benefits of intra-Commonwealth trade high on the agenda. Global consumer brand Unilever will invest £86 million in new manufacturing capacity at its 4 factories in Pakistan. Anglo-Dutch oil giant Shell will also invest up to £13 million by 2020 in around 100 new fueling stations along the China-Pakistan Economic Corridor (CPEC) route. This will allow trucks carrying goods between the countries to refuel, driving increased trade. Meanwhile Dorset-based renewable energy firm Low Energy Designs Limited UK is launching ‘Light up Lagos’, a £38 million investment to deliver 40,000 low energy LED streetlights i
Record attendance at the 14th edition of the Arabian Hotel Investment Conference (AHIC) held for the first time in Ras Al Khaimah

Record attendance at the 14th edition of the Arabian Hotel Investment Conference (AHIC) held for the first time in Ras Al Khaimah

BUSINESS, INTERNATIONAL
DUBAI, United Arab EmiratesThe Arabian Hotel Investment Conference 2018 (AHIC)) is officially underway at the purpose-built AHIC Village on the beach of the Waldorf Astoria in Ras Al Khaimah following the official opening ceremony this morning, with a record number of registered delegates from the regional and global hospitality investment industry. Now in its 14th year, the annual knowledge and networking platform for the global hospitality investment community, held in partnership with Ras Al Khaimah Tourism Development Authority (RAKTDA), was inaugurated by AHIC Host and Patron His Highness Sheikh Saud Bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah. “In a relatively short period of time, Ras Al Khaimah has changed dramatically, from a quiet, agri
New data from Africa allays fears of bowel obstruction from rotavirus vaccine

New data from Africa allays fears of bowel obstruction from rotavirus vaccine

AFRICA, HEALTH, INTERNATIONAL
ABUJA, NigeriaAn evaluation carried out by the World Health Organization (WHO), US Center for Disease Control (CDC), and country partners shows that administering monovalent rotavirus vaccine to African infants does not increase the risk of intussusception above base line levels. Intussusception is a form of bowel obstruction in which a part of the intestine folds into the section next to it. Seven countries in the WHO African Region using monovalent rotavirus vaccine participated in the evaluations, which enrolled a total of 1060 infants under one year old with intussusception. “These studies conducted in the African Region can serve as a model for other regions where wide-scale rotavirus vaccine introductions are just beginning and surveillance is ongoing as part of the WHO-
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