{"id":27131,"date":"2018-10-08T22:35:27","date_gmt":"2018-10-08T21:35:27","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=27131"},"modified":"2018-10-08T22:35:27","modified_gmt":"2018-10-08T21:35:27","slug":"africa-prudential-partners-cooperative-societies-on-technology-adoption","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/africa-prudential-partners-cooperative-societies-on-technology-adoption\/","title":{"rendered":"Africa Prudential Partners Cooperative Societies On Technology Adoption"},"content":{"rendered":"

Africa Prudential Plc, a leading share registration and investor services firm has partnered with the International Co-operative Alliance-Africa (ICA) to deploy technology solutions for a more efficient administration of co-operatives and thrift societies across Africa.<\/p>\n

The commitment was made public at the 12th<\/sup>\u00a0African Ministerial Co-operative Conference\u00a0which was held\u00a0on October 2 to 5, 2018\u00a0in Abuja, Nigeria.<\/p>\n

The theme for this year\u2019s conference centred on leveraging the recently signed African Continent Free Trade Area (AfCFTA) Agreement. According to the World Co-operative Monitor, the Co-operative bodies provide jobs to the 10 percent of the World\u2019s employed population and generate a towering USD2.1 trillion annual gross turn-over.<\/p>\n

Chairman of Africa Prudential Plc, Chief (Mrs.) Eniola Fadayomi, while addressing dignitaries at the conference, noted that Africans need to take the lead in solving the continent\u2019s problem through greater collaborations among countries and the Co-operative Movement.<\/p>\n

She emphasised that among other benefits, the AfCFTA will create opportunities for greater bargaining power and employment creation on the continent; ultimately reducing the vulnerability of Africa to global shocks.<\/p>\n

\u201cWhen we consider the current contribution of the Co-operative sector to economic development in the respective countries on the continent, its role in actualising the objectives of the AfCFTA becomes even more prominent\u201d, she noted.<\/p>

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The Managing Director\/CEO of Africa Prudential Plc, Mr. Obong Idiong also noted in his recommendations on technology inclusion in cooperative management, that the company has long recognised the strategic relevance of Cooperatives to economic development across Africa, and that it has been partnering both with Alliance-Africa, and the Co-operative Federation of Nigeria (CFN).<\/p>\n

\u201cWe currently have more than 500,000 cooperators activated on our cooperative manager solution\u2014EasyCoop\u2014which offers end-to-end financial management and member administration, and with a capacity for over 10,000,000 unique users\u201d he explained.<\/p>\n

While delivering his Keynote Address, Nigeria\u2019s Vice President, Professor Yemi Osinbajo, who was represented by the Minister of Agriculture and Rural Development, Chief Audu Ogbeh confirmed that Cooperatives hold a strategic responsibility in the implementation of the county\u2019s Economic Recovery and Growth Plan.<\/p>\n

Photo Caption. From Left;\u00a0Botswana\u2019s Assistant Minister, Investment, Trade and Industry, Hon. Moiseraele M. Goya; Managing Director\/CEO, Africa Prudential Plc, Mr. Obong Idiong; Somalia\u2019s State Minister for Trade and Industry, Hon. Dahir Abdi Abdullahi (Dr. Go); Chairman, Africa Prudential Plc, Chief (Mrs.) Eniola Fadayomi; Regional Director\/CEO, International Co-operative Alliance \u2013 Africa, Dr. Chiyoge Sifa; Lesotho\u2019s Minister of Small Business, Cooperatives and Marketing, Hon. Chalane Phori; and\u00a0Non-Executive Director, Africa Prudential Plc, Mr. Peter Ashade\u00a0at a cocktail hosted by Africa Prudential Plc to commemorate the 12th African Ministerial Co-operative Conference held in Abuja recently.<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa Prudential Plc, a leading share registration and investor services firm has partnered with the International Co-operative Alliance-Africa (ICA) to deploy technology solutions for a more efficient administration of co-operatives and thrift societies across Africa. The commitment was made public at the 12th\u00a0African Ministerial Co-operative Conference\u00a0which was held\u00a0on October 2 to 5, 2018\u00a0in Abuja, Nigeria. …<\/p>\n","protected":false},"author":6,"featured_media":27132,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[3580],"coauthors":[2391],"class_list":["post-27131","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-african-prudential"],"yoast_head":"\nAfrica Prudential Partners Cooperative Societies On Technology Adoption - National Wire<\/title>\n<meta name=\"description\" content=\"Africa Prudential Plc, a leading share registration and investor services firm has partnered with the International\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/africa-prudential-partners-cooperative-societies-on-technology-adoption\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Africa Prudential Partners Cooperative Societies On Technology Adoption - 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