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MoneyGram now offers Money-to-Mobile Wallet transfer service to Ghana

Global provider of money transfer and payment services, MoneyGram, has launched a new service that enables its customers to send money directly into any mobile wallet in Ghana. MoneyGram is offering the service in partnership with a local financial technology company, Zeepay Ghana Limited. The service is available on all domestic mobile money wallet platforms – MTN Mobile Money, Vodafone …

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German Chancellor Merkel launches new investment fund for Africa

German Chancellor Angela Merkel has called for more private investment in Africa as she hosted African leaders as part of a concerted effort to drive the continent’s economic development and create jobs for its millions of unemployed youths. In her opening address on Tuesday at the G20 Compact with Africa Summit, taking place in Berlin on 30-31 October, Merkel said …

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Nigerian vies for International Telecommunication Union’s top post

William Ijeh, a senior official of the International Telecommunication Union (ITU), is vying for one of the global organisation’s top positions at the ITU Plenipotentiary Conference 2018, taking place in Dubai from 29 October-16 November. Mr Ijeh, a Nigerian national who has worked with the Geneva-based ITU for 21 years, is a candidate for the post of Director, Bureau of …

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11 African leaders converge on Berlin for G20 conference

Presidents and heads of government of eleven African countries are to participate at the G-20 Compact with Africa (CwA) conference, hosted by German Chancellor Angela Merkel in Berlin. The event, Investment Summit-German Business and the CwA Countries, taking place on 30-31 October brings together “reform-minded” African countries, international organizations and bilateral partners from the G20 to advertise investment opportunities in …

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Nigeria to host first-ever Diaspora Investment Summit in Abuja

More than 200 Nigerians in the Diaspora have indicated interest to participate in the maiden Nigeria Diaspora Investment Summit (NDIS) slated to hold on 27-29 November in Abuja. This was revealed by Hon. Abike Dabiri-Erewa, Senior Special Assistant to the President on Foreign Affairs and Diaspora, at a joint news conference with other stakeholders in Abuja on Monday (15 October). …

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African students in Germany receive awards in Hamburg for academic excellence

The annual African Youth Education Awards (AYEA) took place on Saturday and was attended by more than 400 guests from across Germany. The event, which showcases the success of young people with African background in their educational endeavours, was attended by, among other dignitaries, the Mayor of Hamburg-Mitte, Falko Drossmann, and the ambassadors of Ghana and Nigeria to Germany, H.E …

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Buhari signs directive compelling Nigerians to pay tax on their foreign assets

President Muhammadu Buhari has signed a new executive order which among other things compels Nigerians with assets outside the country to pay taxes on them. The Executive Order (008), tagged Voluntary Offshore Assets Regularisation Scheme (VOARS), was signed by the President on Monday and takes effect from the same day, the Presidency said on Wednesday, 8 October. According to a …

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Ecobank to register diaspora Nigerians for BVN at NIDOE conference in Vienna

Nigerians in Diaspora Organisation Europe (NIDOE) will hold its Annual General Meeting (AGM) on 8-10 November in Vienna, Austria. In addition to addressing issues of concern to Nigerians in diaspora, the event will discuss the outcome of the first-ever Nigerian Diaspora Global Project & Investment Summit UK, which took place in July 2018 in London. The objective of the conference …

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“Ghana now a net exporter of electricity” – President Akufo-Addo

The President of Ghana, Nana Addo Dankwa Akufo-Addo, says his government, over the last 21 months, has ensured stability and adequate supply of power in the country, in the place of the erratic power situation that it inherited. Speaking at the Financial Times Africa Summit, in London, on Monday, 8th October, 2018, President Akufo-Addo indicated that his government, over the …

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Akon plans solar projects to support Sierra Leone

Senegal’s international music star Akon is planning a solar investment programme for Sierra Leone as part of plans to support the government of President Julius Maada Bio. Akon, real name Aliaume Damala Badara, met with the president in the United States on the sidelines of the ongoing United Nations General Assembly, UNGA. Local media reports that his investment will comprise the …

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African Youth Education Awards 2018 ceremony holds in Hamburg

The youth empowerment initiative to promote educational achievement in the African community in Germany holds its annual award ceremony at the premises of the IHK in Hamburg on Saturday, 13 October 2018. The annual African Youth Education (AYE) Awards aim to motivate young people of African origin in Germany to seek excellence in school. The scheme was initiated in 2011 …

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US expert on how to unlock the manufacturing and industrialization potential in Africa

A robust manufacturing sector is broadly understood as a fundamental path to economic growth and development. Despite their manufacturing potential and promising trajectories, most African countries have remained relatively dearth of factories, writes Professor Landry Signé. How to unlock the manufacturing and industrialization potential in Africa? The United Nations General Assembly has proclaimed the Third Industrial Development Decade for Africa …

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Marriott International announces plan to expand in Africa

Marriott International plans to increase its hotels in Africa by 50 percent in the next five years, opening new facilities in markets where it already operates and venturing into new ones like Mozambique, the company said on Monday (1 October). Global hotel chains have been increasing their investments in Africa in recent years to take advantage of fast expanding economies …

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Sending money online to Africa with MoneyGram has never been easier!

Whether you’re shopping, booking holidays, or doing banking, everyday transactions are progressively moving to the digital world. Nothing is faster or simpler: wherever you are, do what you need to do with just a few clicks. It’s clear this trend also applies to money transfer, as more and more people are choosing to send money online to provide financial support …

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MEPN appeals to Nigerian media to focus more on migration issues

Speech delivered by Femi Awoniyi, Co-Director of Migration Enlightenment Project Nigeria (MEPN), at the 12th Nigeria Media Nite-Out Award 2018 at the Lagos Airport Hotel, Ikeja, on Sunday, 23 September 2018. Too many Nigerians are dying daily in the course of irregularly migrating to Europe. Too many are stranded in Europe, unable to obtain legal residency and obliged to return home. Too …

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Remittance income will drive economic growth for Africa, says ICAEW

Despite an economic slowdown, most African countries are reported to have a positive economic outlook. This is according to ICAEW’s (the institute of Chartered Accountants in England and Wales) latest report, In Economic Insight: Africa Q3 2018. The report, commissioned by ICAEW and produced by partner and forecaster Oxford Economics, provides a snapshot of the region’s economic performance. The regions …

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Nigerian youths should acquire vocational skills, stakeholders appeal in Lagos

The refrain at the Stakeholders’ Roundtable Dialogue on Migration, organised by the Migration Enlightenment Project Nigeria (MEPN), last weekend was an appeal to Nigerian youths to acquire vocational skills. Addressing the event, a series of consultation with civil society on issues deriving from irregular migration, Engr. Deremi Elebute called on youths to realize that the nation’s job market had changed …

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Chaos in Libya, Mediterranean crossing more deadly – Group warns young Nigerians

The Migration Enlightenment Project Nigeria (MEPN) has warned would-be migrants to avoid irregular routes as the security situation in Libya worsens and death rates in the Mediterranean soar. In a statement released Tuesday in Lagos and jointly signed by the co-directors of the initiative, Kenneth Gbandi and Femi Awoniyi, the MEPN pointed to the declaration of a state of emergency …

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