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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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Film festival shines spotlight on Horn of Africa in Berlin

‘AFRIKAMERA – Latest Cinema from Africa’ presents, from 13 – 18 November, a selection of current feature and documentary films from the Horn of Africa, a region associated more with political, social and military conflicts than its cinema culture. The fact is however that the cinema can look back on a long tradition in the region. Ethiopia was the first …

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degut 2018: Start-up Fair opens door to self-employment in Germany

Do you have an ingenious idea, courage, energy and passion? German Founders and Entrepreneurs Days (Die Deutschen Gründer- und Unternehmertage or deGUT) 2018 is the place to be as you will have access to expertise and information on what it takes to establish your own business. From defining your idea to issues of financing, marketing and sales – this event, …

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Ethiopia announces visa-on-arrival policy for African visitors

Ethiopian president Mulatu Teshome has announced that the country will soon roll out a visa-on-arrival regime for all Africans entering the country. In other words, there would be no need for Africans to necessarily apply for visas before flying into the country. All African passport holders need to do is fly in and have their visas stamped on arrival. The …

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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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Candidates emerge for Nigeria’s next presidential election

With the emergence of the presidential candidates of the political parties participating at the next general election in Nigeria, all is now set for the poll which analysts say will be tough. While it’s generally assumed that the ruling All Progressives Party, APC, would field President Muhammadu Buhari again at the February 2019 polls, the battle for the ticket of …

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Ethiopia’s biggest bank offers mortgage loans to citizens living abroad

The Commercial Bank of Ethiopia (CBE) has launched a scheme under which it will grant mortgage loans to nationals in the diaspora. The bank in a statement issued on Friday (5 October) said the loan targets non-resident Ethiopians and foreign nationals of Ethiopian origin. CBE chief Bacha Gina said the product was part of the bank’s vision to serve and …

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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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