Sol Bank Opens New Branch in Namibe

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George Mbella 13 June 2011 A four-day regional workshop to raise awareness on the need to clear pesticide residues from cocoa exports ended in Yaounde on Friday. Delegates from cocoa-producing countries in Africa have resolved to implement new measures, within the framework of a new project codenamed "COCOA SPS AFRICA", to reduce the threat of pesticide residues and other harmful substances on cocoa beans meant for export. The professionals from Côte d'Ivoire, Ghana, Cameroon, Nigeria, the Democratic Republic of Congo and other cocoa promoting institutions, who were meeting for the closing ceremony of a four-day regional workshop on Friday June 10 in Yaounde, also resolved to create a regional cocoa stock market to tilt cocoa price-fixing mechanisms in favour of Africa that produces over 75 per cent of the world's cocoa.


Angola Press Agency (Luanda)

13 June 2011


Namibe — Sol Bank inaugurated Monday a new branch worth USD 500,000 in south-western Namibe province.

The opening ceremony was presided over by the provoncial governor, Cândida Celeste da Silva.

Addressing the inaugural ceremony, the chairman of the Executive Commission of Sol Bank, Coutinho Nobre Miguel, said the initiative is part of commitment of the banking institution to continue giving its contribution in recovery and reconstruction of the country particularly in Namibe province.

“The fundamental objective of Sol Bank is to assist the small farmers through the grant of micro-credit”, stressed the official.

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Sol Bank Opens New Branch in Namibe