Whiles Central Africa Republic has taken a bold step to legalise digital currency (Bitcoin), Ethiopia’s central bank on Monday warned citizens not to engage in “illegal” transactions in digital currencies. The National Bank of Ethiopia (NBE) said digital currencies like crypto-currencies and bitcoins haven’t been recognized by the NBE as a transactional and payment method, state-affiliated Fana Broadcasting Corporate (FBC) reported. “Ethiopia’s national currency is the Ethiopian Birr, with any financial transaction in Ethiopia to be paid in Birrs, according to the law,” the NBE said in a statement. The central bank warned that digital currencies are being used to…
Author: Amnewsworld
Conversations around mental health is no longer a taboo. Today, many celebrities around the world are normalizing the mental health topic through their various platforms. The likes of Tonto Dikeh (Nigerian actress), AKA (South African rapper), Mzvee (Ghanaian musician) are few of the hundreds African stars who have openly shared their struggles with mental health conditions in the past. In Ghana, the latest to join this evolution is alternative artist and singer Joy Adomaa Serwaa Agyemang, known in showbiz as Adomaa who nearly lost her life during her three-year struggle with depression. “… the darkest point during this period was…
Algeria suspended Wednesday a “treaty of friendship […] and cooperation” concluded in 2002 with Spain. It is at the end of a meeting of the Algerian High Security Council chaired by President Tebboune, that the announcement was made. Spain regretted Algiers’ decision, adding it “considers Algeria a friend” and remained open “to develop the special relationship of cooperation between the two countries”. The treaty provided for the strengthening of political dialogue between Spain and Algeria and the development of cooperation in fields like economy, & education. The move comes after Madrid altered its long-standing position on Western Sahara, a former Spanish…
Influential former Lagos governor Bola Tinubu won Nigeria’s ruling party’s 2023 presidential primary on Wednesday, where he will face another veteran of Nigerian politics, Atiku Abubakar, the candidate of the main opposition party. “I declare Bola Ahmed Tinubu as the presidential candidate of our party in the upcoming 2023 elections,” said Atiku Bagudu, the election official of the All Progressives Congress (APC) primary held in Abuja, the capital. Voters in Africa’s most populous country are due to go to the polls on Feb. 25, 2023, with President Muhammadu Buhari stepping down at the end of his second term, as stipulated…
Despite young people making up the majority of Nigeria’s voters, the country’s politicians are mostly old, wealthy and male. Such a system makes it harder for young people to enter politics. Campaigning is in full gear in Nigeria as the the June 9 deadline nears for Nigeria’s political parties to pick their presidential candidates for the 2023 polls. The main opposition party, the People’s Democratic Party, or PDP, has already nominated a 75-year-old as its presidential candidate. Business tycoon Atiku Abubakar, a former vice president, has had five previous goes at winning the presidential ticket. Given his advanced age, many believe…
West African heads of state put off further punishing the leaders of Mali, Guinea and Burkina Faso at a regional summit Saturday, as coup leaders in all three countries continue to insist that it will take years before new elections can be held. The 15-nation regional bloc, known as the Economic Community of West African States (ECOWAS) will convene again on July 3 before determining if further sanctions will be implemented in the three suspended members states, President of ECOWAS Commission Jean Claude Kassi Brou said. Saturday’s meeting marked the regional bloc’s latest attempt to pressure military leaders in the…
Kenya’s Independent Electoral and Boundaries Commission (IEBC) on Saturday cleared Deputy President William Ruto to run for the country’s presidency in the upcoming election this August. Considered an early frontrunner, Ruto used the occasion to criticize what he believes to be unfair treatment by the Kenyan media. “Respectfully we want to request our friends in the fourth estate the media. We want to request them to be fair. So far, we have been treated unfairly,” Ruto said shortly after a certificate confirming his presidential bid was handed to him by Wafula Chebukati, the election commission chairman. On Sunday, the same…
The nominees for the maiden annual Ghana Music Awards France (GMA France) have been announced with Kuami Eugene, Mr Drew, Sarkodie, Diana Hamilton, Stonebwoy and more earning multiple nominations. GMA France will honour artists and musicians in 27 categories, including Artist of the Year, Record of the Year, Album of the Year, and Most Popular Song of the Year. Lynx Entertainment artist Kuami Eugene dominates the final list with over 16 nominations. He is followed by Mr. Drew, who has earned 13 nods. Africa’s most decorated rapper, Sarkodie, comes in third with 10. Set for a July 23 premiere ceremony…
“In the past, we have never referred officials or the individuals for prosecution so it looks like they are taking advantage of that so it has become an annual ritual, we will only come, the chairman will caution and that will be the end. “So we decided that now if you go against the law we will recommend you for prosecution. So you go to court and defend yourself,” Chairman of the committee, James Klutse Averdzi during a sitting in Takoradi on the Auditor General’s 2018 report. The five Heads of five SHSs, namely, Bozo Kaku, Methodist SHS, Tarkwa ShS,…
Addressing the media Minority spokesperson on Foreign Affair, Samuel Okudzeto Ablakwa accused the Akufo-Addo administration of misplaced priorities given the state’s inability to meet many essential financial needs. “God will not be pleased that first of all you are building a Cathedral based on lies not on truth not on sincerity. You tell us it’s a personal pledge you are not going to use the government’s resources and yet you are using the government’s resources. “Then in terms of priority, the God Lord that we serve who is very compassionate will not be pleased and happy with the government of…