An importance banking seminar began on Monday (5 September) in Abidjan, the capital of Ivory Coast.
An importance banking seminar began on Monday (5 September) in Abidjan, the capital of Ivory Coast. It's being held to discuss the role of development banks in French-speaking Africa, and directors of development banks from twenty such countries are attending.
SYNOPSIS: The seminar was jointly organised by the International School of Bordeaux, which runs cultural and technical training programmes in African countries, and the United Nations organisation for industrial development. There were four main themes for discussion -- the economic context in which development banks operate; their financing; their criteria for giving assistance, and methods of serving their national economies.
Experts from various parts of the world will address the seminar on these themes. At the opening ceremony the coordinator of the seminar, Monsieur Jacques Thomas, said it was appropriate that the Ivory Coast should be the venue. As an important African banking centre it had a great deal of financial experience.
Delegates were welcomed to the conference on Tuesday (6 September) by the Ivory Coast Finance Minister, Monsieur Abdoulaye Kone. On the same day he'd signed an agreement for a large loan from the african Development Bank to finance five industrial projects in his country.