Search Results for: african money

Mothupi Kgopa 2018 book teaching young Africans early money management skills

Mothupi Kgopa

Best-selling South African author Mothupi Kgopa is out with a new book titled ‘African Wealth: Little Money Bird‘. The book’s objective is to assist parents to teach their children money management from an early age. Kgopa’s new book seeks to get parents on the continent to lead the new revolution of raising financially literate children. As recounted in the book: …

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China’s Belt/Road Initiative invests in African infrastructure, military & police

China’s military base in Djibouti isn’t the only sign of increasing Chinese security engagement in Africa. Although analysts typically see China’s Belt and Road Initiative (BRI)as a global investment and economic growth program, these projects also may facilitate increased Chinese security cooperation with participating nations. By early 2021, 140 countries worldwide had signed more than 200 BRI cooperation agreements — essentially frameworks for Chinese companies …

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Transforming the African insurance sector through digital innovations

Innovation through technology has been a major driver of transformation in financial sectors across the world. In the last couple of decades, technology has been transforming the African insurance industry albeit at a slower pace compared to other industries such as banking and retail.Within the insurance industry, the transformation has been prevalent, mainly in internal process automation to drive efficiencies …

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Gutsy Zambia becomes first African country to defy private creditors

The African country wants to divert resources to take care of its people during the pandemic. One of the poorest countries in the world, Zambia, has decided to temporarily suspend interest payments to private creditors as it struggles to contain the economic fallout of the coronavirus pandemic. President Edgar Lungu’s government has suspended them for six months, starting from October. …

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Beyoncé’s producer Sharifah Issaka speaks on importance of African talent and representation in ‘Black Is King’

Beyoncé’s producer Sharifah Issaka speaks on importance of African talent and representation in ‘Black Is King’ On Friday, July 31, Beyoncé did it again.She broke the internet, dominated the conversation and drew the attention of the world by releasing a project so unique and groundbreaking that its only competitor, really, was her previous body of work.There’s a lot to celebrate …

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GHAMRO collects money for all rightsholders, not only members — CEO Agya Abraham confirms

Reggie Zippy & Trigmatic Ghana Music Rights Organisation (GHAMRO) has over the years been the association in charge of securing musical royalties for their copyright owners for songs produced by performing artistes. GHAMRO however has come under massive criticisms from Ghanaian artistes, casting doubts on their effectiveness and ability to deliver.  In a June 12, 2020 interview monitored by TheAfricanDream.net …

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EU blacklists Botswana, Ghana, Mauritius, Zimbabwe over money-laundering

The European Union has blacklisted four African countries over money-laundering concerns as it says their financial transactions require further scrutiny. Botswana, Ghana, Mauritius and Zimbabwe were part of 12 countries placed on the EU’s blacklist. The other countries blacklisted are Bahamas, Barbados, Jamaica, Nicaragua, Panama, Cambodia, Mongolia and Myanmar. But the blacklisting will have to be approved by the European parliament …

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Nigerian startup wins Jack Ma’s African Netpreneur prize

LifeBank, a Nigerian medical distribution startup founded by Mrs Temie Giwa-Tubosun has emerged the winner of the inaugural African Netpreneur Prize Initiative (ANPI) held on Saturday during the ‘Africa Business Heroes Show’ in Accra. The startup founded in 2015, beat 10 other startups from across Africa to win a $250,000 stake of a total $1million prize at stake for the …

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