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It was formed in 1980. Flag of the SADCC. The Southern African Development Coordination Conference (SADCC) was the forerunner of the socio-economic cooperation leg of today's SADC. The adoption by nine majority-ruled southern African countries of the Lusaka declaration on 1 April 1980 paved the way for the formal establishment of SADCC in April ...
African Export–Import Bank, also referred to as Afreximbank or Banque Africaine d’Import-Export, is a pan-African supranational multilateral financial institution created in 1993 under the auspices of the African Development Bank. It was officially launched at the first general meeting of the shareholders in Abuja, Nigeria, in October 1993.
The banking industry in Nigeria started during the colonial era with the establishment of Colonial Banks, with the primary aim of meeting the commercial needs of the Colonial Government. [1] The banking system in Nigeria is regulated through the Central Bank of Nigeria. This apex bank started operation on July 1, 1959.
The BOI-Microfinance Bank Limited is a limited liability company duly incorporated in Nigeria under the 2002 Companies and Allied Matters Act and regulated by CBN. The bank offers a broad range of financial services to micro, small and medium-sized enterprises and various low-income earners both as individuals and as groups.
The Development Bank of Southern Africa is a South African development bank that focuses on promoting economic development and growth, [6] It aims to improve the quality of life for individuals and facilitate regional integration through investments in infrastructure and development financing. The DBSA's mandate emphasizes its role in ...
The African Economic Community (AEC) is an organization of African Union states establishing grounds for mutual economic development among the majority of African states. The stated goals of the organization include the creation of free trade areas, customs unions, a single market, a central bank, and a common currency (see African Monetary Union) thus establishing an economic and monetary union.
The National Union of Banks, Insurance and Financial Institution Employees (NUBIFIE) is a trade union representing workers in the finance industry in Nigeria. The union was founded in 1978, when the Government of Nigeria merged nine unions: [1] The union affiliated to the Nigeria Labour Congress. It had 69,613 members in 1988, [2] and 80,000 by ...
The Nigerian Capital Development Fund ( NCDF) is an independent social investment financial intermediary institution. This hybrid organization was set up mainly to address the challenges of poverty in low income rural communities in Nigeria. The institution mobilizes capital from the public and private sectors to invest in projects, businesses ...