Bank of Africa Ghana Limited countries, including Benin, Burkina Faso, Burundi, Democratic Republic of the Congo, Djibouti, Ghana, Kenya, Ivory Coast, Madagascar, Mali, Niger, Senegal, Tanzania and Uganda. The group also maintains an office in Paris, France. The bank was incorporated in 1997, as Amalgamated Bank Limited. In 2006, "Meeky Enterprises" of Nigeria, acquired 49% shareholding in AmalBank. At that time, Meeky was also a major shareholder in Oceanic Bank, a Nigerian financial services provider which was later acquired by Ecobank Nigeria. In April 2011, majority shareholding (60%) in AmalBank was acquired by the Bank of Africa Group. AmalBank rebranded to Bank of Africa (Ghana)
Deforestation in Nigeria countries with a rainforest. The developing countries receive money upon successful completion of lowering their country’s emissions. A similar concept has been designed by REDD, Reducing Emissions from Deforestation in and Forest Degradation in Developing Countries. In REDD the countries are able to receive much more money in the form of carbon credits which can be spent on more environmentally safe practices. Deforestation all over the globe is threatening the sustainability of the environment but has had especially detrimental effects in Nigeria due to their high rates. Deforestation puts at risk all aspects of the environment, the economy and of