Thursday, December 29, 2005

More Vignettes of Christmas in Accra


At the I-Net internet cafe in the A&C mall this evening, doing some work for the office wouldja believe...!! and ofcourse, having some fun to boot:-) )

More of the Spintex Road. The authorities--whoever they may be--did little to create the Christmassey feel. At least, that "OPTIMUM THERAPY" could have had some Christmas lights. Honestly!!


Is that red garden chair going to a party? Only in Ghana!! Incidentally, only a ubiquitous van like this, with the characteristic yellow number plate (indicating public transport), would dare to do something like this...I took this on the Spintex Road, on Christmas day, in my parents' car as we cruised into the capital.

Thursday, December 22, 2005

A Vignette of Christmas in Accra



Sort of.

The picture to the left was taken at A&C Shopping Mall a few days ago.

Would just like to say that despite Accra not looking very "christmassey", people, pls, I exhort all of you--in particular, ELSA, to have a STUPENDOUS Christmas and a joyous new year!

Many thanks to all those who cruised in on this blog. Will see you next year!

lots of hugs,
Emmanuel

Saturday, December 17, 2005

I'm Getting Some Good News from Hong Kong

News coming in from my colleagues in Hong Kong are indicating that the WTO talks are going to present to us another failure.

This is most endearing news. The developing countries got bigger and more proactive.

Finally.

More grease to the Third World, I say!

check this article out: New Power Bloc Emerges.

Tuesday, December 13, 2005

The Future of West African Regional Banking is Here!

The article in Nigeria’s Daily Trust newspaper of November 24 suggests that the West African landscape is undergoing a revolution. Forget ECOBANK, which is not going anywhere anytime soon, but watch out for First ECOBANK. According to the article, this will revolutionise the West African banking area, with the merger of three banks. What is most exciting is this—that the bank aims to “be one of the largest end most diversified banking groups in Africa with assets of over $5.5 billion and over 470 branches and offices across 15 countries in West and Central Africa, a subsidiary in the United Kingdom and a representative office in South Africa.”

 

Rock on West Africa!!

 

 

First Bank, Ecobank to Become First Ecobank

Daily Trust (Abuja)
NEWS
November 24, 2005
Posted to the web November 28, 2005

By Adelenwa Bamgboye

First Bank of Nigeria Plc, Ecobank Transnational Incorporated and Ecobank Nigeria Plc Tuesday signed a combination agreement setting out the framework and timeline for the completion of what would be the largest indigenous cross-border banking combination in Sub-Sahara Africa.

The marriage of the three institutions which would give birth to First EcoBank plc with the elephant logo of the FirstBank would operate in 15 countries in the West African sub-region.

The agreement calls for Ecobank Nigeria and Ecobank Trans-national Incorporated, the parent company of the Ecobank Group to be listed prior to the completion of the combination which will take place in the third quarter of 2006.

Upon completion, Business Trust gathered that the future potential of the combined group will be one of the largest end most diversified banking groups in Africa with assets of over $5.5 billion and over 470 branches and offices across 15 countries in West and Central Africa, a subsidiary in the United Kingdom and a representative office in South Africa.

Alhaji Mutallab, chairman of First Bank said the Bank looks forward to the combination as a vehicle for better meeting the needs of the African private sector and for developing products for the consumer, SME and microfinance sectors.

Omo-Obe Odimeyo, chairman of Ecobank Nigeria in his remark said "we are elated with this combination from which our shareholders and employees should derive optimal value."

Ecobank Nigeria will be fully capitalised before the end of the year in order to meet the Central Bank of Nigeria (CBN) minimum capital requirement and will be subsequently listed in the first quarter of 2006 on the Nigerian Stock Exchange.

In line with its regional identity, Ecobank Transnational Incorporated will be listed in the second quarter of 2006 on the three regional stock exchanges in West Africa namely the Ghana Stock Exchange in Accra, the Bourse Regionale de Valeurs Mobilisers (BRVM) in Abidjan and the Nigeria Stock Exchange.

 

 

 


Copyright © 2005 Daily Trust. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com).

 

From: http://allafrica.com/stories/200511280735.html

 

 

Wednesday, December 07, 2005

Unbearable Lightness of Blogging--Part II : Close Encounters of a WTO Kind






I spent my lunch period with a very very personable young woman today at the Kofi Annan ICT Centre of Excellence, whose link you can access here: http://www.aiti-kace.com.gh. They currently have this fair going on. I met an interesting group from ASHESI UNIVERSITY, studying computer science, who explained to me a new traffic system that they have come up with that would be used on the LABADI road in Accra.

 

Basically, the system is designed such that rather than having a policeman guide traffic, ultra-sonic sensors would detect – from a distance of 50 metres as yardstick – whether there were any cars up to that distance. If there are, then the traffic lights remain red; if not, it goes green.

 

And the brains behind this are Ghanaians!

 

Can you imagine that they would like to use LINUX software, which would enable them to change the code—as opposed to traditional Microsoft et al, that will not. Coupled with the fact that they can use JAVA applications, too.

 

I’d like to visit the place tomorrow with my colleague at lunch.

 

For now, though, my blogging will be a tad light as I prepare myself for my colleagues who are preparing to go to Hong Kong. In a post reminiscent of the August one (http://ekbensahinghana.blogspot.com/2005/08/shuttling-around-is-this-accra.html), I’d just like to get you to try and read between the lines.

 

My colleagues are preparing to go down to Hong Kong in a couple of day’s time for what will prove to be another historic battleground for social and trade justice groups.

 

I can already feel the World Trade Organisation excitement building up…and it’s building big time.



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