Ecobank Sponsors Economics & Business Journalism Award at the CNN MultiChoice African Journalist 2006 Awards

16 June 2006
Content from a Premium Partner
Ecobank (Lome)
press release

Lome — The ECOBANK Group, Africa's leading indigenous regional banking group has decided to sponsor the ECOBANK Economics & Business Award - one of many prestigious journalism prizes to be presented to their recipients on July 15th in Maputo, Republic of Mozambique, during a ceremony jointly hosted by CNN, the world's newsleader, and MultiChoice, the leading African pay television group.

The prize will be awarded in the general category (Print, TV or Radio) of the African Journalism of the Year competition, now in its eleventh year.

"It is our firm belief that excellence in economic and business journalism can play an important role in Africa's economic development", declared Adama Gaye, ECOBANK's Group Corporate Affairs Manager. "This Journalism award is an additional proof of ECOBANK's determination to live up to its corporate social responsibilities while pursuing its overall ambition to become a world class African banking institution".

The African Journalists of the Year ceremony Awards is considered the most prestigious annual African media event. It traditionally attracts the leading media professionals across Africa as well as top executives from CNN, MultiChoice and representatives of many multinationals.

"We are delighted to add ECOBANK to our list of prestigious sponsors", said Maggie Eales, Senior Vice President at CNN's parent company Turner Broadcasting System. "As an African business success story itself, ECOBANK is highly qualified to be the sponsor of an award promoting, through information, economic and business development in Africa".

Her sentiments were echoed by Eben Greyling, CEO MultiChoice Africa, "ECOBANK's sponsorship adds to the pan-African dimension we want this event to have".

ECOBANK was established, in 1985, as a regional bank by the West African business community with the support of ECOWAS to promote regional trade and investment.

Now with total assets of 2.5 billion dollars, it provides reliable, consistent and accessible products and services to its wholesale and retail customers across thirteen African countries where it has operations.

ECOBANK plans to expand to other African countries as part of its strategy to become a fully-fledged pan-African banking institution.

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