The Malian press has reported over the weekend that it was decided to establish the African Bank for Development and Livestock Breeding in 2005. The Bank will be formed by a group of businessmen in the West African region.
Echo newspaper reported that the idea to establish this new bank was raised by the association for the development of livestock breeding in the Sahel, which is based in Dory city, in Burkina.
The director of the new Bank's works and finance, Sadide Deco Yahia, explained that the new bank would render ordinary banking services and also would work to expand internationally.
© 2004 Mena Report (www.menareport.com)
