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"Synergy, Commitment Are Key to Global Energy Sustainability, Says Bounour

By Favour Ifeoluwa & Akinola Ajibade  The Chief Executive Officer, Egbin Power Plc, Mr Mohktar Bounour says global transition to cleaner energ and sustainable environment are achievable, as long as there is strong synergy and commitment among stakeholders in the value chain.  He spoke during the maiden edition of  Asharami Square in Lagos. This is an initiative introduced and implemented by the Sahara Group, in order to amplify discourse on energy sustainability through  media advocacy globally. He said: " Having analyzed the percentage of global greenhouse emissions attributed to sectors including electricity/heat production, agriculture/forestry and transportation, we are realised that there is need for synergy  and renewed commitment among stakeholders". According to him, Egbin Power has unwavering commitment to reduce carbon emissions and promotes sustainable energy sources, stressing that the need to depeening engagement and advocacy among stakeholders in
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Access may acquire controlling shares in Angola Bank

By Favour and Akinola Ajibade 

Access Bank may acquire a majority share in  Finibanco Bank S.A,  a full size Commercial Bank with 20 branches and a  total assets of $300million  in the oil rich nation in Southern Africa. 
This follows the  regulatory approval by the Central Bank of Angola, Bianco Nacional de Angola.
Prior to this period, the Central Bank of Nigeria (CBN) had approved the transaction and the Bank now expects to receive the approval of the Angolan Competition Authority in the coming days in order complete regulatory approvals required to bring the transaction to closure.
While announcing the decision by Access Bank to acquire the Angola Bank, the Company Secretary, Sunday Ekwochi said the bank has also signed an agreement with minority shareholders of Finibanco Angola S.A who have expressed an interest to sell their shares concurrently as the bank targets above 80 percent at the completion of the deal.
Similarly, the Group Chief Executive Officer, of Access Holdings said the company is pleased with the development which has made Access Bank, a frontline bank on the continent.
“We are pleased to be well positioned to join the select league of banks providing high-value financial services to high growth business and the rising consumer sector in Angola”.

 


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