Banking / Investment in Chad
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CHAD, 2013/05/29
The Arab Bank for Economic Development in Africa (BADEA) has given a US$10 million loan to Chad as part financing for a road project from Massakory to the Niger border. According to the bank, the agreement for the loan was signed on the sideline of the recent 38th Annual Conference of the Islamic Development Bank Group in Dushanbe, Republic of Tajikistan.
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CHAD, 2012/03/05
Chad is not a country usually on the radar of most investors. However, if Arnold Ekpe, CEO of Ecobank, is to be believed, business people may just find some good opportunities in the country.
“We run the biggest bank in Chad. Why? Because we are not afraid of Chad. How a lot of of you here would be willing to go to your board of directors and say, ‘We would like to invest [in Chad]’? I don’t think there will be that a lot of people. But if you look at the fundamental risk, it is very different,” said Ekpe yesterday during the Ernst & Young Strategic Increase Forum Africa conference in Cape Town.
