Omegascorpi channel AMN New Web TV will be a mix of insightful interviews of the professionals from the Ivorian banking,insurance,financial market as well as information on the Ivorian Stock Market ( BRVM ) .

In this video pilot we see Mr Zeze Stanislas from Bloomfield Financial a credit rating agency based in Abidjan,Cote d’Ivoire.

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How do they achieve that ? Through a series of measures and rules:

-Listing of the NSE itself  to help the value of the exchange

-Requiring all companies to disclose financial information on their website ( a good example is First Bank ).

-To encourage expansion of the fixed income market.Nigeria central Bank has already hiked  the rates on fixed income securities and cut taxes.

-To push pension funds towards stock investments which are limited to a total of 12 billion dollars so far.

-To combat risk averse attitude among local retail investors by producing ,with Nollywood film directors ,TV shows that promote a certain business attitude.

-Introduction of a new code of corporate governance

New listing of companies could also  bring in that new blood so much needed to move towards the goal.

The state oil company is expected to float its joint venture companies on the NSE,the same move is expected in the power industry where some 19 new electricitygeneration and distribution companies are expected to attempt to raise the 50 billion dollars investment capital required on the NSE.

Other companies wished to list on the NSE include, Shell,Exxon and MTN Nigeria.

Nigeria stock market quick profile

Capitalisation of about 40 billion dollars

217 companies listed on the NSE

Five million Nigerians out of a population of 165 million are shareholders

|Source rinted version of The Africa Report |

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Image via Wikipedia

“As at the end of September, the NSE 20 Share Index —which tracks the movement of share prices and which consists of a basket of stocks representative of the entire market —had dropped to 3,284 points from 4,432 points at the close of trading in December 2010″…..comparatively..”Last year the Kenyan market was one of the most robust in the continent giving investors high returns on the back of low inflation and interest rates and strong economic growth that hit 5.6 per cent, lifting the earnings of majority of the stocks at the bourse”.|Source:Business Daily|

Nairobi Stock Exchange Website

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Sub-themes that were discusses durig this meeting in february include the following :-Financial innovation
-Crowdfunding &Lending
-Designing the new bank
-The futur of Angel investing
-Monetizing intangible capital
-Ecosystem of financial Api’s,mobile money and micro sale.

Brought to you by Ticbank 2011

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When: July 18th-22nd 2011

Where:,Sandton Convention Center,Johannesburg,South Africa

What:This year conference will address issues around the outlook for African retail banking, the international banks’ focus on the continent,the unbanked markets,the changes in customer demand and how to respond and retail banking technology and its influence on the bottom line .

Who is attending:
# Head of Bank Supervision
# Head of Business Systems and Technology
# Head of Corporate Services
# Head of Research/ Product Development
# Head of Retail Liabilities/ Retail Assets
# Head of SMME
# Head of Lending/Loans

Some of the guest speakers include:› Mr John Gachora,Chief Executive @ Absa Africa;Mr Peter Schlebusch,Chief Executive: Personal & Business Banking @Standard Bank;› Mr Edmund Jeneker,Head of Entry Level Banking @ Absa
; Mr Samuel Kimani,Deputy Chief Executive, Group Controls @ Kenya Commercial Bank; Mr Antony Withers,Chief Executive Officer @Mauritius Commercial Bank; Désiré Vencatachellum, Director – Research Department @ African Development Bank.

Official website:Banking Outlook Africa 2011

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The Ministry of Trade and Investment of Nigeria wants to to float a Diaspora Fund as part of a startegy aimed at unlocking available capital in the hands of Nigeria citizens and descents living abroad. It is estimated at 20 billion USD the amount of money available yearly.18 billion USD are sent back every year by the diaspora .|Vanguard |

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Where:,Sandton Convention Center,Johannesburg,South Africa

What:This year conference will address issues around the outlook for African retail banking, the international banks’ focus on the continent,the unbanked markets,the changes in customer demand and how to respond and retail banking technology and its influence on the bottom line .

Who is attending:
# Head of Bank Supervision
# Head of Business Systems and Technology
# Head of Corporate Services
# Head of Research/ Product Development
# Head of Retail Liabilities/ Retail Assets
# Head of SMME
# Head of Lending/Loans

Some of the guest speakers include:› Mr John Gachora,Chief Executive @ Absa Africa;Mr Peter Schlebusch,Chief Executive: Personal & Business Banking @Standard Bank;› Mr Edmund Jeneker,Head of Entry Level Banking @ Absa
; Mr Samuel Kimani,Deputy Chief Executive, Group Controls @ Kenya Commercial Bank; Mr Antony Withers,Chief Executive Officer @Mauritius Commercial Bank; Désiré Vencatachellum, Director – Research Department @ African Development Bank.

Official website:Banking Outlook Africa 2011

Start June 16 2011

Ends July 4th 2011

EXPLORATION AND PRODUCTION PORTFOLIO

AFRICA

The oil sector in Congo (1) accounts for a large portion of
the country’s GDP and exports. With development and
production operations in Brazzaville, Tullow averaged 4,000
bopd in 2010, which represented 7% of the Group’s
production.

Côte d’Ivoire (2) is a major gas producer, producing
sufficient gas for the country, in addition to being a major
supplier to the West African region. With exploration,
development, and production across four offshore blocks,
Tullow produced 3850 bopd, approximately 7% of the
Group’s production, in 2010.

With two offshore interests for hydrocarbon industry,
Tullow’s development and production operations in
Equatorial Guinea (3) yielded 15,700 bopd, representing
more than a quarter of the Group’s total production.

Currently, hydrocarbon reserves in Ethiopia (4) are limited,
but Tullow Oil has shown an interest in exploration by
acquiring licenses in 2010.

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They can be sold globally through national and international banks and money transfer companies [Western Union,Money Gram & the likes ]. They can be marketed through social hubs,think churches, community groups, ethnic newspapers/Websites, stores, and hometown associations in countries and cities [think New York,London,Paris,Abidjan,Johannesburg,DC,Houston & the likes ]where large numbers of migrants reside.

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