Maritime Nigeria

Main Menu

  • Home
  • News
  • Interviews
  • Maritime Info
  • Photo Gallery
  • Fact
  • Profiles

logo

Header Banner

Maritime Nigeria

  • Home
  • News
    • NPA Under Dantsoho What Does The Charts Indicate?

      Jun 17, 2025
      0
    • IMO ELECTION: Nigeria Assures On Quality Representation

      Jun 17, 2025
      0
    • Maritime Development: Nigeria, Korea Deepen Collaboration

      Jun 16, 2025
      0
    • Shipping and Plastic Pollution-The Dangers To Humanity

      Jun 16, 2025
      0
    • Ocean Conference: Nigeria Canvases Increased Funding For Developing Nations

      Jun 12, 2025
      0
    • NIMASA: Beyond BPSR-Proactivism, Broader Vision Crucial

      Jun 11, 2025
      0
    • Blue Economy: Oyetola Engage World Leaders In France

      Jun 10, 2025
      0
    • War Against Illicit Drugs: NSA Commends Customs, NAFDAC, NDLEA

      Jun 5, 2025
      0
    • FG Commits To Enhance NSC Regulatory Capacity

      May 28, 2025
      0
  • Interviews
    • Nigeria Takes Leadership Of MOWCA

      Nov 18, 2021
      0
    • APM Participates in UK Trade Expo

      Oct 31, 2021
      0
    • Reps Seek Admission at MAN

      Dec 7, 2020
      0
    • NIMASA URGE SHIP OWNERS TO RENEW CABOTAGE LICENSES

      Oct 5, 2020
      0
    • FG Sacks Aboloma As NAIC Gets New EDs

      Aug 28, 2020
      0
    • Britain Celebrate Nigerian In Covid Efforts

      Jul 26, 2020
      0
    • Zuckerberg Backs Trump Against Twitter

      May 28, 2020
      0
    • NAFDAC DG Sheds Light On Chloroquine, Herbals, Masks and Covid19

      May 12, 2020
      0
    • Reps Threaten MDAs

      Feb 24, 2020
      0
  • Maritime Info
    • 2023 POP: Minister Task Cadets On Blue Economy

      Dec 15, 2023
      0
    • Rector, Trainees Excited, Laud FG On Modern Academy

      Jan 26, 2023
      0
    • Buhari Redeploys Minister As NPA, NIMASA, MAN, Others Get New Boards

      Apr 7, 2022
      0
    • World Bank Endorse Nigerian Ports, Partners Navy On Capacity Building

      Mar 19, 2022
      0
    • NIMASA Commend Nigerian Navy, Reassures On Floating Dock

      Feb 9, 2022
      0
    • MAN Unveils Lighthouse For Training of Cadets

      Jan 27, 2022
      0
    • shipping

      Singapore Strait Dangerous To Shipping-ReCAAP

      Jan 24, 2022
      0
    • Lekki Deep Sea Port Will Increase Port Efficiency-Amaechi

      Jan 24, 2022
      0
    • Fair Competition: NSC Partners FCCPC For Effectiveness

      Jan 21, 2022
      0
  • Photo Gallery
    • SERAP Calls for Probe of Entire Privatization Processes 1999-2011

      Dec 4, 2017
      0
    • IMO Election: South Africa, Kenya, Liberia, Morroco and Egypt Make Category C

      Dec 2, 2017
      0
    • Maersk Ship on Fire as Coy Launches Six Container Lifting Tech

      Nov 2, 2016
      0
    • Captured Seafarers Languish In Captivity without Ransom

      Nov 1, 2016
      0
    • Niger Delta: Militants Ask FG to Include Former Agitators in Negotiations

      Nov 1, 2016
      0
    • Self-Audit: NIMASA Set to Review 3% Freight Charge

      Nov 1, 2016
      0
    • Recession: Japanese Shipping Companies to Merge

      Oct 31, 2016
      0
    • NSC Partners ICS on Capacity Building

      Oct 31, 2016
      0
    • AGAIN, APAPA CUSTOMS SURPASS MONTHLY TARGET WITH N33B COLLECTION

      Oct 5, 2016
      0
  • Fact
    • Maritime Police Boss Celebrate Workers

      May 1, 2025
      0
    • “VIN Is A Trade Tool, Not Punitive”-Customs

      Mar 2, 2022
      0
    • Blackmailers, False Publishers and Their Agents: Court Clears Rector

      Feb 18, 2022
      0
    • MAN Unveils Lighthouse For Training of Cadets

      Jan 27, 2022
      0
    • "APM Terminals Is Beyond Moving Boxes Around"-Laursen

      Jan 24, 2022
      0
    • MWUN: Welfare, Safety Our Priority-Adeyanju

      Dec 27, 2021
      0
    • Reversing the Trend: Koko Breaks Record at NPA

      Dec 24, 2021
      0
    • Minister Demands More From MAN At Passing Out Parade

      Dec 20, 2021
      0
    • MARITIME NIGERIA TASK NIMASA ON MARITIME DEVELOPMENT

      Dec 15, 2021
      0
  • Profiles
    • CMA CGM Brings AI Onboard

      Jun 5, 2018
      0
    • Customs Notify 577 Officers of Retirement by Eguono Odjegba

      Jan 12, 2018
      0
    • Over 100 Persons Feared Dead in Mediterranean Ship Wreck

      Nov 3, 2016
      0
    • Ballast Water: Panama Signs Up

      Oct 24, 2016
      0
    • Ist Half Report: Customs generate N385.7bn revenue

      Aug 15, 2016
      0
    • Minister/MD Speeches at the Launch of NPA's CCCIS

      Jul 23, 2016
      0
    • Face off Imminent as Dakuku Warn IOCs to Sit Up or Stay ...

      Jul 22, 2016
      0
    • Hadiza, Welcome to NPA

      Jul 16, 2016
      0
    • Habib Abdullahi Sacked Again from NPA

      Jul 12, 2016
      0
  • NPA Under Dantsoho What Does The Charts Indicate?

  • IMO ELECTION: Nigeria Assures On Quality Representation

  • Maritime Development: Nigeria, Korea Deepen Collaboration

  • Shipping and Plastic Pollution-The Dangers To Humanity

  • Ocean Conference: Nigeria Canvases Increased Funding For Developing Nations

News
Home›News›DRC Signs MOWCA Maritime Bank Charter

DRC Signs MOWCA Maritime Bank Charter

By Editor
Aug 18, 2022
552
0
Share:

Ready to Buy Shares

Dr. Paul Adalikwu Secretary General, MOWCA

Democratic Republic of Congo (DRC) has signed the charter supporting establishment of Regional Maritime Development Bank (RMDB) being promoted by the Maritime Organisation of West and Central Africa (MOWCA) and indicated interest to acquire shares in the budding financial institution.

Dr. Paul Adalikwu,MOWCA Secretary General, who confirmed the development said the recent endorsement by the Central African country, brings the number of member states endorsements to 9.

Mr. Kalenga Ngoyi, Director Legal, DRC presenting the signed Charter for establishing the RMDB to MOWCA SG Dr. Paul Adalikwu

Adalikwu added that the charter requires a minimum of eight member states endorsements and the recent development raises hope of more countries signing up to support the institution. The current Chairman of MOWCA’s Council of Ministers and Transport Minister of Ghana, Mr. Kwaku Ofori Asiamah has also assured of his country’s readiness to sign the charter and take its position in the financial institution.

Dr. Adalikwu reassured that plans are on course for the establishment and launching of the financial institution in Abuja, the Nigerian capital soon.

He added that the Nigerian Government through it’s Federal Ministry of Transportation is working on securing the corporate office for commencement of it’s activities.

The SG expressed appreciation to the DRC government for it’s commitment to the success of MOWCA and commended what he described as positive zeal in the promotion of blue economy

DRC’s Minister of Transport, Ways and Communication, Cherubin Okende-Senga, who signed on behalf of his country has further expanded countries support for the budding financial institution aimed at promoting maritime trade and investments in the sub region.

The signed Charter was presented to the MOWCA SG in Abidjan by the Director of Legal Services in the Transport Ministry of DRC Mr. Andre Kalenga Ngoyi.

While presenting the document Mr. Ngoyi assured of DRCs preparedness and readiness to take up its place and buy the shares subscription allotted to his country.

The position of President/CEO of the bank has been alloted to Nigeria while Cameroon and Côte d’Ivoire are to provide one Vice President each.

The institution is aimed at providing single digit interest loans and facilities to member states key players to acquire and improve their maritime assets and infrastructure.

Countries that have signed so far are Nigeria,Togo, Côté d’ Ivoire,Guinea Conakry, Burkina Faso, Cameroon, Congo (Brazzaville), Central Africa Republic (CAR) and the Democratic Republic of Congo, DRC.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • More
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)

Related

Previous Article

OIL THEFT: Equatorial Guinea Arrest Tanker Fleeing ...

Next Article

Lekki Port Excites Minister With Economic Prospects

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Related articles More from author

  • FeaturedNews

    NNPC, Debts, Unemployment, Gambling and Looming Dangers

    Aug 24, 2020
    By Editor
  • News

    Piracy: Greater Efforts Required as Seafarers Suffer

    May 2, 2017
    By Editor
  • FactFeaturedNews

    Covid19 Funds: Somalia Send Govt. Officials to Jail

    Aug 28, 2020
    By Editor
  • News

    Leadership Tussle in NIMASA as Court Clears Omatseye

    May 12, 2017
    By Editor
  • News

    “We will Continue to Burn Illegal Refineries”-OPDS Commander

    Nov 30, 2017
    By Editor
  • News

    “Be Assured of Sea Time”-Dakuku

    Sep 25, 2018
    By Editor

Leave a Reply Cancel reply

  • News

    Journalist Bags Ogoni Award, Set To Receive OWA Recognition

  • Maritime Info

    Edike Bags Ultimate Integrity Award

  • FactFeaturedNews

    Remittance Fraud: Senate Indict MDAs of N1.7trillion

Looking For Something?

Read From

  • Agriculture
  • Customs Operations
  • Fact
  • Featured
  • Interviews
  • Maritime Info
  • News
  • One Question
  • Photo Gallery
  • Profiles
  • sports

Just In

News

NPA Under Dantsoho What Does The Charts Indicate?

Apart from the commencement of actual works on the $1billion ports reconstruction, the Managing Director of the Nigeria Ports Authority, Dr. Abubakar Dantsoho (with unalloyed support of the performance-driven Minister ...
  • IMO ELECTION: Nigeria Assures On Quality Representation

    By Editor
    Jun 17, 2025
  • Maritime Development: Nigeria, Korea Deepen Collaboration

    By Editor
    Jun 16, 2025
  • Shipping and Plastic Pollution-The Dangers To Humanity

    By Editor
    Jun 16, 2025
  • Ocean Conference: Nigeria Canvases Increased Funding For Developing Nations

    By Editor
    Jun 12, 2025
  • Home
  • About Us
  • Contact Us
© 2013 Maritime Nigeria | All Rights Reserved