Special

The AfCFTA Secretariat and the UN Development Programme (UNDP) have signed a strategic partnership to promote trade as a stimulus for Africa’s socioeconomic recovery from the COVID-19 crisis, and as a driver of sustainable development particularly for women and youth in Africa, in line with the SDGs and Agenda 2063 common vison for the continent. The agreement was sealed yesterday by …

LAGOS, Nigeria, March 23, 2021/ — There is a common misconception that the most dangerous threats to encounter on modern users’ digital journeys are likely to appear during Internet surfing. The reality however, based on the most recent analysis of cyberattacks in South Africa, Kenya and Nigeria in 2020 by Kaspersky experts demonstrates that users are in fact more likely …

Maisha – African Women in Germany e.V. has been honoured with yet another award for its efforts for the empowerment of African women in Germany. Maisha, founded in 1996 by Virginia Wangare Greiner, was recently bestowed with the “Corporate Livewire West Germany Prestige Award 2020/21” for being the best “Self-Help Group of the Year”. The organisation was honoured especially for …

JOHANNESBURG, South Africa, 24, March 2021 -/African Media Agency (AMA)/- Africa No Filter today announced that the British Council, the UK-based organisation that supports arts, culture, and education initiatives globally, has come on board to fund its work to shift harmful and stereotypical narratives about Africa. The British Council will join seven other organisations – Ford Foundation, Bloomberg, Andrew W. …

The Central Bank of Nigeria has released the list of 47 International Money Transfer Operators (IMTOs) that are licensed to operate in the country. It disclosed this on its website in a document titled ‘List of approved International Money Transfer Operators as at February 28, 2021’. Click here for the list of the IMTOs. While some of the operators have …

Germany’s population of African descent is estimated at over a million. A big community which needs to communicate with itself as well as with others. Sam Atsu Nove, who died on 9 March 2020, was the pioneer networker of the Black community in Germany.His observation of the difficulties of Africans navigating their community challenged the communications specialist to publish the …

In March 2021, Kabakoo Academies, African EdTech startup, launched the first no-code training in West Africa, confirming once again its leading role in tech education on the continent. Kabakoo is a no-code pioneer, the first EdTech in Africa to join this growing digital trend enabling people to design and deploy apps without coding. Dedicated to youth employment and entrepreneurship, Kabakoo …

LAGOS, Nigeria, March 17, 2021 -/African Media Agency(AMA)/- Eleven young enterprising Africans, among them two Nigerians, who have been named Young Global Leaders (YGL) by the World Economic Forum (WEF) for 2021, are to benefit from the Aliko Dangote Fellowship endowed to support African Young Global Leaders. The beneficiaries are among 112 persons under 40 years of age, selected as …

The Director General of World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, has pledged that the organisation would assist African women entrepreneurs to improve their businesses. Okonjo-Iweala, who recently assumed office at the global organisation, gave the assurance during a visit to Nigeria’s Minister of Women Affairs, Mrs Pauline Tallen, on Wednesday in Abuja. She said the visit of the WTO …

The prestigious US magazine, Global Finance, specializing in financial markets and investment banking, has named the African Development Bank (AfDB) as the “Best Multilateral Financial Institution in the world for 2021”. The award is a global recognition for the path breaking efforts of the African Development Bank as it transforms itself into a solutions bank for Africa, through a combination …

The widespread insecurity in Nigeria is scaring away prospective investors. Speaking in Abuja on Tuesday, the Netherlands Ambassador to Nigeria, Harry van Djik, said the Nigerian government should address insecurity as this was a crucial factor that had been affecting investment in the country’s economy. Djik spoke during a visit to the Minister of Industry, Trade and Investment, Adeniyi Adebayo. …

The 11th edition of the Orange Social Venture Prize in Africa and the Middle East (POESAM) has been launched. PARIS, France, March 9, 2021/ — Tuesday 9 March 2021 marks the start of submissions to the 11th Orange Social Venture Prize in Africa and the Middle East. Until 4 June 2021, entrants will be able to submit their projects on …

As part of its incentives to boost the inflow of foreign currency in the country, the Central Bank of Nigeria (CBN) on Saturday introduced a reward of N5 for every $1 of fund remitted to Nigeria through International Money Transfer Organisations in its new forex policy. The CBN announced the new policy in a circular to all deposit money banks, …

Dr Ngozi Okonjo-Iweala has officially resumed as Director-General of the World Trade Organisation (WTO).  As she took up her new role on Monday at the organisation’s headquarters in Geneva, Switzerland, the former Nigerian finance and foreign minister said she was eager to get straight to work as the first woman and first African to lead the global body. “I am …

GIZ and Orange launch an Orange Digital Center in Ethiopia, the 3rd in the Africa and Middle East region, to train young people in digital technology and boost their employability. Following launches in Tunisia and Senegal, Ethiopia will be home to the third Orange Digital Center in Africa and the Middle East ADDIS ABABA, Ethiopia, February 25, 2021/ — Today, …

ABIDJAN, Ivory Coast, February 24, 2021/ — Digital platforms in Africa should scale up to take advantage of the continent’s surging demand for creative content, said Africa Investment Forum Senior Director Chinelo Anohu, adding that the African Development Bank flagship entity is providing advisory services and investment support to creative players. The Africa Investment Forum was working to promote content …

In order to strengthen political dialogue and promote economic relations, Professor Robert Dussey, Minister of Foreign Affairs, African Integration and Togolese Abroad, held diplomatic talks on February 16, 2021 with his Russian counterpart, Foreign Minister Sergey Lavrov, in St. Petersburg. According to reports, Professor Dussey’s visit was on the invitation by Moscow, and came on exactly one year after their …

A look into the ban on cryptocurrency in Nigeria by Ibrahim Moshood and Oneyka Cindy Ojogbo, Associate and Senior Associate respectively of the international law firm Centurion Law Group In a letter dated 5 February 2021[1], the Nigerian government through its apex bank – the Central Bank of Nigeria (“CBN”) – clamped down on cryptocurrencies in Nigeria. The letter specifically …

International remittance service provider, WorldRemit has described the move by the Central Bank of Nigeria, CBN, mandating commercial banks to open dollar accounts for customers who do not have as timely and apt. Country Manager, WorldRemit, Nigeria and Ghana, Gbenga Okejimi, stated that the move would enhance remittance payments for those who receive support from family and friends abroad. The …

Mastercard and MTN empower millions of consumers in Africa to make payments on global platforms, advancing digital financial inclusion · Partnership will enable millions of MTN customers to pay on global online platforms with a Mastercard virtual payment solution linked to MTN MoMo wallet · Mastercard’s technology will enable new digital commerce opportunities for consumers and merchants with or without …