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West African Bankers Association

Association des Banques d'Afrique de l'Ouest

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WABA Training Schedule 2016
 1. Report Writing and Presentation Skills
 2. Management Programme for Secretaries
 3. Management Programme for Personal and Special Assistants
 4. Human Resource Management
 5. Credit Facility Structuring, Documentation and Perfection of Securities
 6. Risk Management
 7. Fraud Prevention
 8. Documentation and Administration of Securities for lending
   
 
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Information on Senegal Information on the Economy of Senegal
List of Banks in Senegal How to create a company
 

Republic of Senegal:

Independent from France in 1960, Senegal joined with The Gambia to form the nominal confederation of Senegambia in 1982. However, the envisaged integration of the two countries was never carried out, and the union was dissolved in 1989. Despite peace talks, a southern separatist group sporadically has clashed with government forces since 1982. Senegal has a long history of participating in international peacekeeping.

Official Name: 
République du Sénégal
conventional long form: Republic of Senegal
conventional short form: Senegal

ISO Country Codesn

Actual Time: 
Sat-Oct-3  15:42 
Local Time = 
UTC +0h 

Country Calling Code: +221

Capital City: Dakar
Mairie de Dakar - the city of Dakar. 

Other Cities: 
Diourbel, Kolda, Kaolack, Louga, 
Saint-Louis, Thies, Tambacounda, Ziguinchor. 

Government:
Type: Republic.
Independence: 4 April 1960 (from France). 

Geography:
Location: Western Africa, bordering the North Atlantic Ocean, between Guinea-Bissau and Mauritania.
Area: 196,722 km² (76,000 sq. mi.)
Terrain: Flat or rising to foothills. 

Climate: Tropical Sahelian desert or grasslands in the north, more vegetation in the south and southeast. 

People:
Nationality: Senegalese (sing. and pl.)
Population: 12.9 million (2011)
Ethnic groups: Wolof 43%; Pular (Fulani, Peulh) and Toucouleur 23%; Serer 15%; Diola (Jola) 3.7%, Mandingo (Mandinka) 3%, Soninke 1.1%, and others 19%.
Religions: Muslim 95%, Christian 4%, traditional 1%.
Languages: French (official), Wolof, Pulaar, Serer, Diola, Mandingo, Soninke.
Literacy: 38%. 

Natural resources: Fish, peanuts, phosphate, iron ore, gold, titanium.

Agriculture products: Peanuts, millet, corn, sorghum, rice, cotton, tomatoes, green vegetables; cattle, poultry, pigs; fish 

Industries: Agricultural and fish processing, phosphate mining, fertilizer production, petroleum refining, construction materials. 

Exports partners: 
India 13%, France12.2%, Mali 9.5%, Italy 8.5%, Cote d'Ivoire 5.4%, Spain 5% (2003) 

Imports partners: 
France 24.9%, Nigeria12.2%, Thailand 6.7%, Spain 4.3% (2003)

Currency: CFA Franc BCEAO (XOF).

 

 

 

 

  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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