Search Results for: african money

Financial Inclusion in the COVID-19 Era: Policy Responses in West Africa

According to the World Bank’s Global Findex report (2017), the share of adults in Sub-Saharan Africa (SSA) with access to accounts in financial institutions or mobile money (MM) services increased from 34 percent to 43 percent in the period, 2011 to 2017. The Financial Ecosystem. Photo courtesy Google Since 2010, a growing number of SSA countries have launched or are …

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Facebook Announces Paid Online Events amidst COVID-19

Facebook announced a way for small businesses, local businesses, creators and others to monetize events on Facebook. Facebook would not collect any fees from the events held on their platform. Promote and Monetize Events In One Frictionless Platform What makes Facebook’s offer unique is that all of the promotion, payments, and hosting is done in Facebook. That means that if …

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Beware of fake Susu savings club — Karen Hobbs

Imitation is the greatest form of flattery. It’s also the greatest form of “scammery.” That’s why scammers are imitating a type of informal savings club known as a “sou sou” or “susu” to trick people into joining what amounts to an illegal pyramid scheme. Karen Hobbs in screengrab from 5 live news If you’ve never heard of the term “sou …

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Heroes of COVID-19: Kematim Concepts Donates Pioneer Nigeria Made Automated Handwash Device

TheAfricanDream.net in its Heroes of COVID-19 series continues to celebrate individuals and organizations who are performing their duties or contributing their effort to preserve humanity while the world fights against the novel coronavirus. And for this month of August in 2020, our hero of COVID-19 is Kematim Concepts, a cutting-edge leader in tech design, development, and manufacturing based in Nigeria …

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Ghana central bank keeps benchmark policy rate steady at 14.5%

ACCRA (Reuters) – Ghana’s central bank on Monday maintained its policy rate at 14.5%, citing a need for macro-economic stability despite the slowdown brought on by the coronavirus pandemic. Respective denominations of the Ghanaian cedi currency Ghana’s economy, which relies heavily on natural resources like cocoa, gold and oil, is expected to grow in 2020 at its slowest rate in …

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US-based Ghanaian nonprofit founder renovating hospital in Ghana

ARLINGTON, Va. (WDVM) — Nana Konadu-Asare was a senior at Marymount University when her uncle, living in a town outside of Accra, Ghana, slipped and fell. He was diagnosed with a concussion and sent home. He died a few days later at just 43-years-old. “It really hit our family really hard,” Konadu-Asare said. “My mom and him were very close …

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Marley family to ‘reimagine’ Bob Marley’s One Love in support of UNICEF

NEW YORK, 9 July 2020 – Members of the Marley family will reimagine the late Bob Marley’s iconic anthem One Love to support UNICEF’s work to reimagine a fairer, more just world for children whose lives have been upended by the COVID-19 pandemic. Tuff Gong International and Amplified Music will release a new version of the seminal song on 17 July. All proceeds …

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100 of the most Iconic moments from music history

By: Joni SweetExpress // Getty Images100 iconic moments from music history Think back to the first concert you ever attended. You can probably remember the energy of the crowd yearning for the band to finally take the… Express // Getty Images 100 iconic moments from music history Think back to the first concert you ever attended. You can probably remember …

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2020, the year sport changed forever

Around six months have passed, and something is absolutely clear: 2020 will be remembered in the history of mankind as the year of COVID-19. The damned virus has done tremendous damage to the whole world, and also to sports. Let’s first recognize that sports, whether professional or amateur, is not at all the main type of human activity. Sports, the …

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