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WABA Training Schedule 2016
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 2. Management Programme for Secretaries
 3. Management Programme for Personal and Special Assistants
 4. Human Resource Management
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Republic of Guinea:

Independent from France since 1958, Guinea did not hold democratic elections until 1993 when Gen. Lansana CONTE (head of the military government) was elected president of the civilian government. He was reelected in 1998 and again in 2003, though all the polls were marred by irregularities. History repeated itself in December 2008 when following President CONTE's death, Capt. Moussa Dadis CAMARA led a military coup, seizing power and suspending the constitution as well as political and union activity. Guinea has maintained some semblance of internal stability despite spillover effects from conflict in Sierra Leone and Liberia. As those countries have rebuilt, however, Guinea's own vulnerability to political and economic crisis has increased. Declining economic conditions and popular dissatisfaction with corruption and bad governance prompted two massive strikes in 2006, and a third nationwide strike in early 2007.

Guinea possesses major mineral, hydropower, and agricultural resources, yet remains an underdeveloped nation. The country possesses over 30% of the world's bauxite reserves and is the second largest bauxite producer. Long-run improvements in government fiscal arrangements, literacy, and the legal framework are needed if the country is to move out of poverty. 

 

Official Name:

République de Guinee

local short form: Guinee

int'l long form: Republic of Guinea

int'l short form: Guinea

former: French Guinea

 

ISO Country Code: gn

Actual Time: Sat-Oct-3  15:24

Local Time = UTC +0h

 

Country Calling Code: +224

 

Capital City: Conakry (pop. 1.5 million).

 

Other Cities:

Guéckédou (pop. 350 000), Boké (pop. 300 000), Kindia (pop. 280 000), N'Zérékoré (pop. 300 000), Macenta (pop. 280 000), Mamou, Kankan (270 000), Labe (250 000).

 

Government:

Type: Military regime.

Independence: 2 October 1958. Anniversary of the Second Republic, 3 April 1984.

 

In December 2008 following President CONTE's death, Capt. Moussa Dadis CAMARA led a military coup to seiz power. He suspended the constitution as well as political and union activity.

 

 

Geography:

Location: Western Africa, bordering the North Atlantic Ocean, between Guinea-Bissau and Sierra Leone.

Area: 245,860 sq. km. (95,000 sq. mi.)

Terrain: Generally flat along the coast and mountainous in the interior. The country's four geographic regions include a narrow coastal belt; pastoral highlands (the source of West Africa's major rivers); the northern savanna; and the southeastern rain forest.

 

Climate: Tropical. Generally hot and humid; monsoonal-type rainy season (June to November) with southwesterly winds; dry season (December to May) with a northeasterly Harmattan, a dry and dusty West African trade wind..

 

People:

Nationality: Noun and adjective--Guinean(s)

Population: 1.5 million (2012)

Ethnic groups: Fulani 40.3%; Malinke 25.8%; Susu 11.0%; Kissi 6.5%; Kpelle 4.8%, other ethnic groups 11.6%.

Religions: Muslim 85%, Christian 8%, traditional beliefs 7%.

Languages: French (official); Eight national languages, Soussou (Susu, in coastal Guinea), Peulh (Fulani, in Northrn Guinea), Maninka (Upper Guinea), Kissi (Kissidougou Region), Toma and Guerze (Kpelle) in rain forest Guinea; plus various ethnic groups with their own language.

Literacy: 28% to 35%.

 

Natural resources:

Bauxite, iron ore, diamonds, gold, water power, uranium, fisheries.

 

Agriculture products: Rice, coffee, pineapples, palm kernels, cassava (tapioca), bananas, sweet potatoes; cattle, sheep, goats; timber.

 

Industries: Bauxite, gold, diamonds; alumina refining; light manufacturing and agricultural processing industries.

 

Exports partners: South Korea 14.8%,Spain 10.7%, USA 10.1%, France 9.2%,Russia 9%, Ireland 7.9%, Belgium 6.4%,Germany 5.6%, Ukraine 5.3% (2003)

 

Imports partners: France 16.8%, China9.3%, Belgium 7.1%, Italy 6.6%,Netherlands 5.4%, UK 5.4%, Cote d'Ivoire 4.8%, USA 4.5% (2003)

 

Currency: Guinea Franc (GNF)

 

 

 

 

  QUICK LINKS & RESOURCES
 

WABA LEADERSHIP

WABA's executive secretariat is under the strategic leadership of the CEO ...read more


BOARD OF DIRECTORS

Board members provide leadership for WABA and its overall operation ....read more


   
 

ANNUAL MEETINGS

WABA's Annual General Meeting creates platform for members to converge ...read more

TRAINING COURSES

Greater attention is being given to training on short courses. Register ...read more


   

Latest News


AfDB approves US $120-million corporate loan to Ghana Airports Company - First private sector investment in Ghana’s transport sector

01/10/2015 - On September 30, 2015, the Board of Directors of the African Development Bank (AfDB) approved a US $120-million corporate loan to support Ghana Airports Company Limited’s (GACL) capital investment programme. The programme entails the construction of a new terminal at Kotoka International Airport (KIA) in Accra, and rehabilitation of other airports managed by GACL including Kumasi, Tamale, Ho and Wa Airports. The loan is the first private-sector investment that the AfDB has financed in Ghana’s transport sector.


Benin, Côte d’Ivoire and Ethiopia to benefit from African Trade Insurance (ATI) Membership Programme

23/09/2015 - The African Development Bank (AfDB) Group has approved a combined US $30 million soft loan to Benin, Côte d'Ivoire and Ethiopia to be utilized for membership subscriptions in the African Trade Insurance Agency (ATI). This is a critical step and a prerequisite for ATI to commence its operations within these countries. Under the approvals, Benin and Ethiopia will each receive US $7.50 million, whilst Côte d'Ivoire will receive US $15.0 million


Banks Positively Reassessing Liberia

There has been a rising stream of good news coming out of the Republic of Liberia. The country recently celebrated a ten year milestone of peace. President Ellen Johnson Sirleaf, elected in 2005 as the first elected female head of state in Africa was re-elected to a second term in 2011. The President was jointly awarded the Nobel Peace Prize in 2011. Other Liberian accomplishments include:

• Corporations
• Election to the UN’s IMO (International Maritime Organization) council
• White listed by OECD Global Forum
• Leading country in extractive industry transparency Initiative
• World’s largest quality Ship Registry

The treatment of Liberian business entities has not always kept pace with the changes in the country. There is a misconception internationally that there are sanctions against Liberia. There are no International nor US Treasury sanctions against Liberia. UN, EU and US Sanctions all specifically target the associates of former President Taylor and his administration. In fact, US Treasury sanctions state:

Title 31 Part 593 of the U.S. Code of Federal Regulations: “The sanctions set forth in E.O. 13348 and implemented in the Regulations are targeted sanctions directed at the regime of former President Charles Taylor. The sanctions are not directed against the country of Liberia, the Government of Liberia, or the Central Bank of Liberia. They do not prohibit the provision of banking services to Liberia, including the maintenance of correspondent banking relationships with Liberian banks, unless the bank in question is a person whose property and interests in property are blocked pursuant to the Regulations.” (Link: PDF Sanction Overview)

International and US Treasury sanctions do not target Liberian corporations. In fact there are no sanctioned Liberian nonresident corporations or Liberian-flag vessels.

In addition, please note: read more……..

 

 

 

About WABA


     
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Our Mission and Objectives

 

What We Do at WABA
Our Leadership and Governance

 

     

The West African Bankers Association's mission is "to develop, promote, generate, coordinate and drive cross border banking and financial transactions that will enhance regional trade, economic and financial integration and development." ...read more

WABA creates avenues for the revision and exchange of information on banking practices in the sub-region in particular and in Africa in general, and a forum for the discussion of common problems. The enhancement of the promotion and strengthening of ...read more

WABA comprises 3 organs namely; The Secretariat, The Executive Council and the General Assembly, including the Executive Management, and the Board of Directors. The Secretariat is run by the Secretary General who is the Chief Executive Officer. ...read more

 
 
 
 
 
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