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
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
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-
LONDON, United KingdomUK's Prime Minister Theresa May has had bilateral meeting with President Buhari of Nigeria at Downing Street today. The two leaders agreed that the UK and Nigeria were strong and enduring partners and that they will continue to champion the countries shared values of democracy, including the fight against corruption, and inclusive education. "We have a close and long standing defense and security cooperation with Nigeria, particularly on issues of regional security where are were working together to tackle the threat of Boko Haram and Islamic State of West Africa, including through a new £1 million package of counter IED equipment to protect troops and civilians in Nigeria." she remarks The Prime Minister also said that she was saddened that so many gi
ABIDJAN, Ivory Coast A total of 886,578 Gambian registered voters will head to the polls tomorrow 13th, April, 2018 to cast their ballots in the Local Government elections. According to IEC sources, a total of 409 candidates got nominated, while two went on unopposed namely, Sainey Jarjou, a candidate for the Alliance for Patriotic Re-orientation and Construction for Kasumai Ward in the West Coast Region and Tumani BM Trawally, a candidate for the United Democratic Party for Kachang Ward in the North Bank Region. "113 are contesting under UDP ticket, 82 GDC, 63 APRC, 32 PDOIS, 32 PPP, 26 NRP, 17 GPDP, 14 GMC, 5 NCP and 25 as Independent candidates. " reads the statement from the IEC The ward councilors are expected to serve a period of four years. The current Pr...
ABUJA, Nigeria, April Nearly one billion people will be vaccinated against yellow fever in 27 high-risk African countries by 2026 with support from WHO, Gavi the Vaccine Alliance, UNICEF and more than 50 health partners. The commitment is part of the Eliminate Yellow fever Epidemics (EYE) in Africa strategy, which was launched by Dr Tedros Adhanom Ghebreyesus, WHO Director General, Professor Isaac Folorunso Adewole, Nigeria’s Minister of Health and partners at a regional meeting in Abuja, Nigeria 10th April. "The world is facing an increased risk of Yellow fever outbreaks and Africa is particularly vulnerable," said Dr Tedros. "With one injection we can protect a person for life against this dangerous pathogen. This unprecedented commitment by countries w
LOME, TogoMTN has announced a collaboration with Africa’s leading independent banking group, Ecobank Transnational Incorporated (ETI) , enabling both companies to leverage each other’s assets that will ultimately offer more value to their respective customers across the continent. MTN’s large subscriber base, comprehensive distribution, innovative digital products and drive for mobile financial services are being linked with Ecobank’s trail blazing digital banking products to provide instant bank accounts and remittances through Africa’s largest bank by network. The two entities, with an extensive footprint on the continent, have signed a Memorandum of Understanding to develop this partnership agreement, which will allow them to innovate and enhance access to affordable finan
LOME, Togo The upgraded version of Ecobank’s revolutionary mobile app has attracted 3 million new customers in just 6 months, taking the total number of users to 4 million. The app builds on the core functionality that saw the original version applauded as a game changer for African banking by using digital technology to combat many of the financial inclusion barriers faced by those on the continent. This includes the dearth of rural branches, affordability of products, high transaction costs and minimum opening balance requirements. "Ecobank’s strategic mission is built around using mobile banking to deliver innovative, efficient and cost-effective services to those who have typically sat outside of the formal economy, and therefore goes far beyond the reach of the tradi