Equatorial Guinea team reaches financial olympiad final
By the AFREEQUE newsroom, based on Ahora EG
BANGE Business School won Equatorial Guinea’s national round of the COSUMAF financial olympiad with seven points, finishing one point ahead of the Economics team. The competition brings together students from the six CEMAC countries, according to Ahora EG.
A team from BANGE Business School won Equatorial Guinea’s national round of the COSUMAF Financial Olympiad on Thursday 12 November, qualifying for the continental final of the competition for students from the Economic and Monetary Community of Central Africa (CEMAC), according to Ahora EG.
Six teams took part in the national round. After an initial series of 18 questions on the regional financial market, five teams reached the semi-finals, where they answered 25 additional questions. BANGE Business School finished top with seven points, ahead of the Economics team from the National University of Equatorial Guinea (UNGE), which scored six points. The Business Administration and Management and Labour Relations and Human Resources teams each scored five points.
BANGE Sociedad de Valores presented the winning team with a cheque for 500,000 CFA francs to be used to purchase shares. Each team member will receive 100,000 CFA francs to invest, and the winners will be able to undertake a three-month internship at the company, according to Ahora EG. COSUMAF, Central Africa’s regional financial commission, organised this third edition to familiarise students from the six CEMAC countries with how the stock exchange works, investment opportunities and savings protection.
