AmeraMex International Inc. (AMMX)

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Niger's Single Window for Vehicle Purchases is Now Funded

Looks like all the pieces are falling into place for the vehicle purchases to start flowing.

Source: http://www.google.com/translate_c?langpair=fr|en&u=http://www.lesahel.org/index.php/societe/item/8527-partenariat-entre-la-banque-atlantique-du-niger-et-la-soci%C3%A9t%C3%A9-nig%C3%A9rienne-de-logistique-automobile--plus-de-quatre-4-milliards-pour-la-mise-en-%C5%93uvre-du-guichet-unique-automobile-du-niger

Supporting Info:
Single Window - http://www.unece.org/fileadmin/DAM/trade/ctied/ctied7/ece_trade_324e.pdf
SONILOGA (entity implementing the Single Window for Niger): http://soniloga.ne/index.html

Partnership between the Niger Atlantic Bank and the Nigerian Society of Automotive Logistics: more than four (4) billion for the implementation of the Single Window Automobile du Niger

The Minister of Transport, Mr. Saley Saidou chaired last Friday in Niamey, the partnership signing ceremony between the Atlantic Bank of Niger (BAN) and the Nigerian Society of Automotive Logistics (SONILOGA) for an amount of four billion twenty five million (4,025 million) CFA francs. This partnership is on the implementation of the Single Window Automobile du Niger (GUAN).
On this occasion, the Minister of Transport said that the partnership signing ceremony reassures under the feasibility and implementation of project. "The cost of this project is a variable to start operations in a better manner. This partnership reflects the will of SONILOGA promoter to innovate and we encourage it. Our thanks go to the Niger Atlantic Bank and the African Solidarity Fund that allowed SONILOGA to have the fund of more than four (4) billion for the implementation of the Single Window Automobile du Niger "added Saley Saidou.
For his part, the Director General of the Atlantic Bank of Niger, Mrs Nana Ango Aissa said that through this funding, the Atlantic Bank Group and specifically the Atlantic Bank of Niger confirms optimizes the dynamism of Nigerian economy and particularly in the field of transport. Ms. Nana Ango Aissa, has also noted that the Niger Atlantic Bank has a strong interest in the cell OF Supports initiatives Public-Private Partnership (CAPPP), especially for lines that are consistent with the objectives of the Economic Development Program and Social (PDES).

For her, the momentum observed in recent years in the field of transport confirmed the viability of this industry in Niger. Thus, in the medium term, the Bank provides SONILOGA of the loan for the completion of the Single Window that will take over the vehicle flow from Gaya and Torodi, in addition to contributing to simplify of vehicles of operations in Niger. "The Group Banque Atlantique Group member Banque Centrale Populaire, through this investment reaffirms its commitment to support economic operators in general and those of the transport sector in particular, to play their role as the engine of development and growth. Rest assured that the Atlantic Bank will spare no effort to support all economic operators under the Public Private Partnership "assured the DG Atlantic Niger.
For the Deputy Director General of SONILOGA Mr. Saadou Moukaila, this ceremony is a major event in the life of his society. After the signing of the concession contract for the single window Automobile between the State of Niger and SONILOGA August 12, 2014, the ceremony that day, just spend another important step in the implementation of the GUAN. Thus, with the notification of the service order 15 August 2014, several important milestones were achieved in the implementation of the GUAN, namely the establishment of GUAN mastery of work team by order N 102 / MT / SG / 01 December 2014 the identification and provision of sites that host platforms GUAN, conducting technical studies and implementation of environmental and social impact studies. Also, the work of masters team GUAN worked for the effective implementation GUAN through thematic workshops on procedures for administrative and technical formalities contributing to the clearance, registration and collection of taxes and GUAN various rights.
As the Director General of the African Solidarity Fund (FSA), Mr. Sedjro Yaovi, he emphasized in his speech the pleasure of signing a new security agreement in favor of the Nigerian banking system and especially of the bank Atlantic Niger. He firstly reaffirmed the commitment of African Solidarity Fund to support the efforts of the Nigerian government and the private sector in the process of setting up infrastructures that meet the challenges of our time and the needs of population. On the other hand, Mr. Sedjro Yaovi recalled that this commitment is in line with the FSA's mission is to facilitate the economic development of member countries by acting as a catalyst for financial systems to enable such , states and public and private enterprises, access to credit to finance productive investment projects and facilitating the mobilization of local savings.
"With the guarantee of FSA, an amount of two thousand four hundred and thirty nine (2,439) million FCFA SONILOGA the company has leveraged almost $ 4.025 billion FCFA to finance the
creation of project, construction, operation, maintenance and servicing infrastructure Bank One Automotive Niger. The creation of the Single Window Automobile du Niger intended to modernize the management of the sector of the Vehicle Import Niger and optimize the mobilization of state revenues generated by this sector, "he added. He also noted that the establishment of the Single Window project in Niger Automobile seems viable, due to the increasing of imported vehicles, population growth and the political will to increase tax and quasi-tax revenues. Samira Sabu