IDB President Inaugurates Advisory Panel of Top Global Experts

JEDDAH, KSA March 19, 2015/African Press Organization (APO)/ — The President of Islamic Development Bank (IDB) (http://www.isdb.org) Dr Ahmed Mohamed Ali has chaired the first meeting of a body of 13 global experts to be known as the President’s Advisory Panel (PAP). The role of the members of the panel is to advise the IDB on how to tackle economic and development challenges.

Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/isdb.png

Photo: http://www.photos.apo-opa.com/index.php?level=picture&id=1838

Photo: http://www.photos.apo-opa.com/index.php?level=picture&id=1615 (Dr. Ahmed Mohamed Ali, President of the Islamic Development Bank (IDB)

Dr Ahmad Ali stated that the advisory panel brings reputable statesmen and women, who have amassed experience in different sectors of the economy and international development, to advise in steering the IDB towards making greater impact to both its member countries and Muslim communities in non-member countries.

“As we have our first meeting today in Jeddah, I have full confidence in your ability to discharge this important responsibility. You have managed nations and institutions, you have excelled with distinction in the private and public sector, and you have won the highest honours in the world. The IDB is optimistic that with this kind of experience and expertise, you would come up with ideas that will help us confront the challenges of the 21st century”, Dr Ahmad Ali told the 10 members of the Advisory Panel who attended the inaugural session.

“We have to be proud that IDB has AAA rating. I congratulate the President and his staff. Since we have been successful in the last 40 years, the expectation will also be high. But I believe that IDB is well positioned to deliver what is expected from it”, said Dr Abdullah Gul, former President of Turkey during his address at the inaugural session.

In his remarks, the former President of Indonesia, Dr Bacharuddin Jusuf Habibie, emphasized the need to focus on science & technology, and the development of human resources in order to achieve meaningful development.

Members of the Advisory Panel are:

1. H. E. Prof. Dr. -Ing. Dr. Sc. H. Bacharuddin Jusuf Habibie (Former President of Indonesia)

2 H. E. Dr. Abdullah Gul (Former President of Turkey)

3 H. E. Dr. Jobarah Al-Suraisry, (Former Transport Minister, KSA)

4. H. E. Madam Aïcha Bah Diallo (former Minister of Education Guinea-Conakry)

5 H. E. Madam Bintou Sanogoh (Former Minister of Finance Burkina Faso)

6. H. E. Dr. Jacques Diouf (Former Director General, Food & Agricultural Organisation (FAO)

7. H. E. Saleh Abdullah Kamel (Chairman, General Council of Islamic Banks)

8. H. E. Mr. Abdul Aziz Al-Zaabi (Member, Federal National Council, UAE)

9. H. E. Dr. Surin Abdul Halim Pitsuwan (Former Foreign Minister, Thailand)

10. H. E. Dr. Ishrat Husain (Former Governor, State Bank of Pakistan)

1. H. E. Prof. Dr. Abbas Mirakhor (First holder of INCIEF Chair of Islamic Finance)

12. H. E. Prof Dr. Muhammad Yunus (Nobel Laureate and founder Grameen Bank)

13. H. E. Abdellatif Jouahri (Governor Central Bank of Morocco)

Dr Ahmad Ali finally stated that IDB is working on developing a 10 year strategic framework aimed at maximizing the impact of the bank in addressing key global challenges, he explained that the input of the members of the President’s Advisory Panel will be crucial for the IDB Group.

Distributed by APO (African Press Organization) on behalf of the Islamic Development Bank (IDB).

Source:: IDB President Inaugurates Advisory Panel of Top Global Experts

Categories: African Press Organization

Statement by the Press Secretary on the Attack at Tunisia’s National Bardo Museum

WASHINGTON, March 19, 2015/African Press Organization (APO)/ — We extend our deepest sympathies to the victims of today’s heinous violence in Tunisia and condemn in the strongest terms this terrorist attack, which took the lives of innocent Tunisians as well as visiting tourists. American officials are in touch with Tunisian authorities, and the United States is prepared to offer assistance to their investigation.

While we do not yet know the identities of the attackers or their motives, what we do know is that their cowardly acts will not intimidate the Tunisian people, whose storied heritage is showcased at the site of this attack, the National Bardo Museum. The United States is proud of our robust cooperation with Tunisia on counterterrorism and broader security issues, and we will continue to stand with our Tunisian partners against terrorist violence.

Source:: Statement by the Press Secretary on the Attack at Tunisia’s National Bardo Museum

Categories: African Press Organization

Foreign Minister Steinmeier on the attack in Tunis

BERLIN, Germany, March 19, 2015/African Press Organization (APO)/ — Foreign Minister Steinmeier issued the following statement at the Federal Foreign Office on the evening of 18 March:

It is with utter disbelief that we hear the news from Tunis today. Taking hostage and murdering peaceful museum guests, Tunisian and foreign visitors alike, is a cowardly attack on us all and an abhorrent violation of all values of humanity.

We are both shocked and appalled. Like many Germans, I visited the wonderful Bardo Museum in Tunis only recently, when I held political talks nearby.

We cannot yet rule out the possibility that German nationals were amongst the victims, we do not yet have any certain facts in this regard. Our Embassy in Tunis is working with the Tunisian authorities to clarify this as quickly as possible.

My thoughts and sympathy are with the families of the victims and with the Tunisian people; this is not the first time they have suffered terrible violence inflicted by terrorists.

Whoever the attackers are, if their aim was to knock young Tunisian democracy off course then I am firmly convinced that they will not and must not succeed. The instigators of the attack must also be found and brought to justice.

We will gladly help in any way possible and will be committed in our support.

Germany stands at Tunisia’s side and will continue to do all it can to support the country on its further path to a democratic future.

Source:: Foreign Minister Steinmeier on the attack in Tunis

Categories: African Press Organization

MFA Spokesman’s Comments in response to media queries on the attack on the Bardo Museum in Tunis, Tunisia on 18 March 2015

SINGAPORE, Singapore, March 19, 2015/African Press Organization (APO)/ — In response to media queries on the attack on the Bardo Museum in Tunis, Tunisia on 18 March 2015, the MFA Spokesman said:

“Singapore condemns the attack on the Bardo Museum on 18 March 2015 that has resulted in the death of and injury to many people, including foreign tourists and Tunisians. We express our deepest condolences to the families of the victims and support the Tunisian government’s efforts in swiftly bringing the perpetrators to justice.”

Source:: MFA Spokesman’s Comments in response to media queries on the attack on the Bardo Museum in Tunis, Tunisia on 18 March 2015

Categories: African Press Organization

The African Union strongly condemns the heinous terrorist attack in Tunisia: The AU underlines the need for enhanced inter-African cooperation in the fight against terrorism and violent extremism

ADDIS ABABA, Ethiopia, March 19, 2015/African Press Organization (APO)/ — The Chairperson of the Commission of the African Union (AU), Dr. Nkosazana Dlamini Zuma, has learned with dismay of the terrorist attack perpetrated today at the Bardo Museum, in Tunis, which killed several people and injured many others.

The Chairperson of the Commission strongly condemns this heinous and cowardly act. She presents AU’s heartfelt condolences to the families of the victims, as well as to the people and Government of Tunisia. She wishes speedy recovery to the injured.

The Chairperson of the Commission expresses the AU’s solidarity with Tunisia in this tragic moment and its full support to the ongoing efforts to combat the scourge of terrorism and violent extremism. She urges the people and leadership of Tunisia to persevere in their endeavor to consolidate democracy and promote tolerance in their country.

The Chairperson of the Commission stresses that the attack that struck Tunisia illustrates once again the need for renewed efforts to strengthen inter-African cooperation in the fight against terrorism and violent extremism. She underlines the relevance of the AU’s normative and institutional framework, as well as that of the communiqué adopted by the Peace and Security Council at its Summit meeting held in Nairobi on 2 September 2014, on the issue of terrorism and violent extremism in Africa.

Source:: The African Union strongly condemns the heinous terrorist attack in Tunisia: The AU underlines the need for enhanced inter-African cooperation in the fight against terrorism and violent extremism

Categories: African Press Organization

MCB Group teams up with Société Générale to boost operations in Mozambique

PORT-LOUIS, Mauritius, March 19, 2015/African Press Organization (APO)/ — Mauritius Commercial Bank (MCB) Group (http://www.mcb.mu) will further its expansion in Mozambique in partnership with Société Générale. As per an agreement signed yesterday, Société Générale will become a shareholder of MCB Moçambique. This operation is subject to the approval of the central bank of Mozambique.

Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/mcb-logo.png

Photo: http://www.photos.apo-opa.com/plog-content/images/apo/photos/150319.jpg

A new boost

MCB Moçambique started operating in Maputo in August 1999 in order to better serve Mauritian entrepreneurs venturing into Africa. Over the years, it has widened its client base and now serves all the sectors of the Mozambican economy through two branches located in Maputo and Matola. By joining forces, MCB Group and Société Générale will provide the bank with important resources that will enable it to offer more services – particularly in terms of financing to local and international businesses – and extend its network of branches in a fast developing country.

Sustained growth

Mozambique has posted one of the strongest growth rates recorded globally over the past decade. The country has strong development potential, particularly in infrastructure further to the recent discovery of vast gas reserves. According to the International Monetary Fund, the Mozambican economy should grow by 7.5% in 2015. As Mozambique becomes one of the world’s biggest exporters of liquefied natural gas, the size of its economy is expected to increase tenfold by 2035.

Longstanding cooperation

In Mozambique, MCB Group and Société Générale will deepen a cooperation that started in 2003 with a joint-venture for the management of Banque Française Commerciale Océan-Indien (BFCOI). The latter now operates 21 branches in Réunion, seven in Mayotte and one in Paris.

An increasing presence

MCB Group is present in ten countries through the MCB and BFCOI brands as well as representative offices: Mauritius, Seychelles, Madagascar, Maldives, Mozambique, South Africa, Kenya, Réunion, Mayotte and France. It is the largest bank in East Africa and is firmly focused on securing new business across the continent and engaging in organic growth by increasing cross-border financing and entering into regional ventures, strategic partnerships or alliances. Reflective of its growing African aspirations, foreign-sourced income accounts for nearly half of the Group’s net profit, principally stemming from the

Indian Ocean region and the African continent. Over the past years, MCB Group has served over 100 businesses and financial institutions in 28 African countries.

Pierre Guy Noël, MCB Group Chief Executive: “This association with Société Générale, our longstanding partner in BFCOI, will provide important resources to MCB Moçambique. It will enable the bank to boost its operations and widen its network of branches while consolidating MCB Group’s footprint in Africa.”

Distributed by APO (African Press Organization) on behalf of The Mauritius Commercial Bank Ltd (MCB).

Contact:

Ryan COOPAMAH

Head of Communication

Communication SBU

Direct line: +230 202 5439

E-mail: ryan.coopamah@mcb.mu

Source:: MCB Group teams up with Société Générale to boost operations in Mozambique

Categories: African Press Organization