All posts by Patrick Michel

Nigeria

First Bank of Nigeria

First Bank of Nigeria, die manchmal einfach auch als Firstbank bezeichnet wird, ist ein nigerianisches multinationales Bank- und Finanzdienstleistungsunternehmen. Es ist die größte Bank des Landes allein durch seine Vermögenswerte, die Ende des Jahrs 2014 sich auf c.a. 23.4 Mrd. USD belaufen.

Der Gewinn der Bank vor Steuern, zum Jahresabschluß am 31. Dezember 2014 betrug ca. 486.5 Mio. USD. Zu diesem Zeitpunkt unterhielt die Bank eine Kundenbasis von mehr als 10 Millionen Privatpersonen und Unternehmen. Die Firstbank erhält solide Kurz- und Langfrist-Ratings von der Rating Agentur Fitch, zum Teil aufgrund seiner geringen Exposition gegenüber notleidenden Kredite. Die Bank hält sich streng an finanzielle Gesetze und genießt ein großes Vertrauen gegenüber der nigeranischen EFCC (Strafverfolgungsbehörde gegen Wirtschafts- und Finanzverbrechen).

www.firstbanknigeria.com

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Nigeria

Newspaper “THISDAY”

THISDAY is a national newspaper in Nigeria. THISDAY is published by Thisday Newspapers Limited and was first published on 22 January 1995. It has its headquarters in Apapa, Lagos, Lagos State.

It has a circulation of more than 100,000 copies and an annual turnover of some $35 million (US). It has three printing plants, in Lagos, Abuja and in the Niger Delta. The publisher was noted for his early investment in full colour printing. THISDAY remains the preferred newspaper among the business, political and diplomatic elite in Nigeria. Respected journalist Olusegun Adeniyi is the current chairman of the editorial board.

www.thisdaylive.com

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Angola

Establishment of companies in Angola

With the new law of August 2015 any investor small or large can start up business activity in Angola without a minimum capital investment and with the advantage of being able to repatriate profits, dividends and capital gains.
Those who are willing to invest at least $ 1m, the new law could grant tax incentives and advantages from a case to case basis.
There are the following constraints: Investors who are willing to put money in one of those following sectors:

  • electricity and water
  • hotel business and tourism
  • transport and logistics
  • civil construction
  • telecommunications
  • information technology and media

must have

  1. a partnership with Angolan citizens or Angolan companies, with the Angolan partner having at least 15 % of the share capital
  2. effective participation of the Angolan partner in the management of the company, clearly stated in the shareholder agreement

The definition of an Angolan company is a company with registered address in Angola and with a minimum of 51 % shareholding belonging to an Angolan citizen.

The company Dusira UG is cooperating with Angolan companies we personally know and will give assistance in establishing companies in Angola.

Phone: +491737692688
E-Mail: mpts@gmx.net

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Angola

Brazil-Angola internet connection

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Google has announced its involvement in an undersea cable that will link the United States and Brazil by year-end 2016. Google will partner with Brazilian ISP Algar Telecom, Uruguayan incumbent telco Antel, and the Angola Cables consortium of Angolan ISPs. The cable will be capable of carrying a total of 64 terabits per second of capacity over six fibre pairs. The Angola Cables group aims to link the US-Brazil cable to its planned South Atlantic Cable System (SACS), which would connect Brazil to Africa in 2016.

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