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The Central Bank of Nigeria has reacted to criticisms trailing its declaration that  the use of cryptocurrencies in Nigeria contravenes existing laws. The apex bank had issued a statement on Friday warning banks and other financial institutions to desist from transacting cryptocurrencies and dealing with entities who do same. According to the CBN in a new statement on Sunday, cryptocurrencies …

For the second time, Berlin is awarding prizes to entrepreneurs with a migration background operating in the city, which is also a federal state. The prize Vielfalt unternimmt – Berlin würdigt migrantische Unternehmen, first awarded in 2019, gives public recognition to the achievements of minority entrepreneurs who are contributing greatly to the economic development of the city. There are three …

Following a directive banning cryptocurrency trading by the Central Bank of Nigeria (CBN), Nigerians have expressed strong displeasure of the decision of the federal government under the leadership of President Muhammadu Buhari. In a circular dated 5th February 2021, the CBN notified banks and other financial institutions against doing business in Crypto and other digital assets. According to Wikipedia, a …

In an exclusive interview with our Moscow correspondent Kester Kenn Klomegah, a member of the newly created Public Council under the Secretariat of the Russia–Africa Partnership Forum, Armen Khachatryan, argues that the first Summit held in October 2019 ultimately seeks to inject a new dynamism into Russia-Africa relations. According to Mr Khachatryan, who is also Deputy Chief Executive Officer and …

The United States Mission in Nigeria  has called for application from qualified Nigerians wishing to teach Hausa or Yoruba languages and cultures to American students in US universities and colleges. The FLTA program allows foreign teachers to teach foreign languages and culture to American students in universities and colleges while also refining their teaching skills, increasing their English language proficiency …

The international business magazine Forbes has released its annual list of Africa’s most wealthy individuals. According to the report, the continent has 18 billionaires this year, down from 20 in 2020. Together, they are worth $73.8 billion, slightly more than the $73.4 billion aggregate worth of the 20 billionaires last year. Aliko Dangote of Nigeria is the richest person in …

"Until vaccines reach everyone, new clusters of disease will keep popping up. The cycle of inequality will continue"

“Creating and maintaining secure access to food systems in Africa is crucial for the continent’s economic development,” said Stefan Liebing, Chairman of the Africa Association of German Business at the opening of the 7th German-African Agribusiness Forum (GAAF). The annual event, organised by Afrika-Verein (German-African Business Association) and the German Agribusiness Alliance (GAA) and held in digital form on Tuesday …

BERLIN, Germany, January 14, 2021/ — 800,000 people in Africa reached with over 100,000 registered users; digital learning enables Africa’s youth to reach their personal potential. atingi (www.atingi.org), the digital learning platform of the German Federal Ministry for Economic Cooperation and Development (BMZ) has exceeded expectations in its first year. Within twelve months, atingi has reached almost a million people …

DW Akademie is accepting applications for its International Media Studies program (IMS) in Bonn, Germany, which will start in September. Students who successfully complete the four-semester program will be awarded a master of arts degree. DW Akademie is part of Deutsche Welle (DW). It is the centre for education and knowledge transfer at Germany’s international broadcaster. Its activities include international …

Graduate journalism students and recent graduates can apply for a two-week summer fellowship in Germany and Poland. The Fellowships at Auschwitz for the Study of Professional Ethics (FASPE) will choose 14 to 16 individuals to examine the role journalists played in Nazi Germany, the Holocaust and current issues that raise ethical concerns today. The next journalism program, which is open …

After months of delays caused by the COVID-19 pandemic, the African Continental Free Trade Area (AfCFTA) went into operation on 1 January. “Truly today is a historic day, a day in which we start officially trading under the preferences of the African Continental Free Trade Area. Today is a day we take Africa a step closer to a vision of …

Senator Rasha Kelej, CEO of Merck Foundation has been named “African Woman of the year 2020”, for the third time Senator Dr. Rasha Kelej, CEO of Merck Foundation and Member of the Egyptian Senate (2020-2025) has been named one of the most influential African women in the world for 2020, for the third time. She has been nominated this year …

Rita Ekua Yamoah reports on a recent program, organised by the Frankfurt-based non-governmental organisation Maisha e.V. for the empowerment of girls and women in Ghana against irregular migration, which took place in Accra. — Germany-based Maisha – African Women in Germany e.V. has again held a 5-day program to empower women who went through difficulties as a result of irregular …

A former Germany-based Nigerian academic, Professor Olayemi Akinwumi, has been appointed Vice-Chancellor of the Federal University of Lokoja, Nigeria. The chairman of the  university’s governing council, Senator Chris Iheanyichukwu Adighije, made the announcement on Friday in the Kogi State capital city. Akinwumi, one of Nigeria’s leading historians, was until his appointment Deputy Vice-Chancellor of Nasarawa State University, Keffi. Adighije explained …

Netflix has announced it has appointed top Zimbabwean businessman and philanthropist Strive Masiyiwa to its board. Masiyiwa is the founder and executive chairman of Econet Global, a telco company that traverses 29 countries in Africa, Europe, Asia and Latin America. Econet group offers mobile payment, broadband distribution and satellite services. His appointment is interpreted by analysts as a strategic move …

Our contributing editor Kester Kenn Klomegah reports from Moscow on a recent conference on how Russia seeks to increase its economic engagement with African countries as the country reels under US and EU sanctions   On 23 November, Russian Senators and experts gathered to discuss the export of non-oil Russian commodities to Africa at an interactive webinar organised by the …

  The L’Oréal-UNESCO For Women in Science Programme recognizes South African female Scientists for their groundbreaking research JOHANNESBURG, South Africa, December 17th, 2020,-/African Media Agency (AMA)/- 2020 marks the second edition of the L’Oréal-UNESCO For Women in Science South African National Young Talents Programme. The programme supports young female scientists and rewards scientific excellence. Created in 1998 and led by …

JOHANNESBURG, South Africa, December 14, 2020 -/ African Media Agency (AMA)/- The SAP Young Professional Program, which forms part of the broader Skills for Africa initiative, has extended its footprint with a revised, fully virtual model that has enabled young candidates in several African countries to participate in the program, despite the pandemic. Since its launch in 2012, the program …

Despite allegations of malpractices by the opposition, our contributing editor, Kester Kenn Klomegah, explains why Ghana’s latest elections are a good sign for the country   Ghana has admirably shown its democratic credentials by holding another peaceful elections, both presidential and parliamentary, early December. In a tightly contested presidential election, Nana Addo Dankwa Akufo-Addo, an experienced politician and highly successful …