Australia Moves to Remove ‘Double Taxation’ on Digital Currency

9 May

For a month starting May 3, The Treasury of the Australian government will be accepting submissions from interested parties to comment on a newly-released discussion paper entitled ‘GST treatment of digital currency’ as part of the 2016-17 Budget.

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Bitcoin Adoption in Africa Up Due to Trading, Remittances, Freelancing, Mining Remains Low

7 May

Bitcoin users in parts of Africa have an almost non-existent mining practice yet the virtual currency’s level of adoption is driving more Africans to its trade. Aside from a Ghanaian firm, Ghana Dot Com (GDC), which claimed it has launched the first Bitcoin mining facility in Africa in March, most mining efforts in parts of Africa are usually done on an individual basis or crowd mining with little or no chance of profitability. This is due to several factors. Continue reading

British Commonwealth Adopts Blockchain to Fight Cross-Border Crime

4 May

The British Commonwealth announced on 3rd May that there is a project to develop a Blockchain app to combat cross-border crime.  A secure messaging system will be created to help law enforcement and prosecutors in member countries to co-operate more effectively in criminal investigations. Continue reading

Bitcoin in India, Nigeria, Kenya to Spur Global ATM Market

1 May

The growing need for automated teller machines including Bitcoin ATMs in developing nations such as Nigeria, India, and Kenya is propelling the growth of the global ATM market, says Technavio’s latest global ATM market report.

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Ghana’s Anti-Money Laundering Body Cites Virtual Currency Use as National Security Risk

30 Apr

Ghana’s Financial Intelligence Centre says the use of virtual markets and virtual currencies such as bitcoin and kitiwa is a severe risk to the country’s security. The assessment is based on available international records that show insurgencies have been funded from Ghana. Saddled with combating money laundering and terrorist financing, the centre is now working to make Ghana the first country in West Africa to publish its national risk assessment. Continue reading

From Remittance to Startups, How Bitcoin Is Used in Africa

30 Apr

With the high mobile phone penetration already in place, Africa is set to enable more users to download a Bitcoin wallet on their devices. In an email last year, Werner van Rooyen from Bitx, one of Africa’s biggest Bitcoin exchange firms, wrote that Africa has been waiting for something like Bitcoin for a long time.

Why? He said the continent of over a billion people has been underserved by financial institutions for such a long time. Continue reading

From Microsoft to Nasdaq: Blockchain Is Gaining Unprecedented Traction

21 Apr

Leading global companies, from IBM, Intel and Microsoft to Nasdaq and DNB, are adopting new plans to benefit from the blockchain technology through streamlining their processes. They are seeking to upgrade the common state of their business and gain an edge against rivals. Continue reading

How to renew your Nigerian passport in Spain

11 Nov

This is the reality of getting your Nigerian passport renewed in Spain. The Nigerian embassy is in Madrid and it is the only point where your passport could be renewed even if you live in other parts of the country including Barcelona, Valencia, Bilbao and others. Continue reading

Drop Facebook and be happy: Danish study

10 Nov

When some people shoot human beings to protect animals

9 Nov

Olusegun Ogundeji – Today at the premiere of Unfair Game: The Politics Of Poaching, a 37-minute documentary shot partly in Swaziland, US, and Zambia, I see how some Africans punctured their societal development drive with greed.f_unfair Continue reading

Paul Lehmann is Australia’s next High Commissioner to Nigeria

9 Nov

Today I announce the appointment of Mr Paul Lehmann as Australia‘s next High Commissioner to Nigeria.  Mr Lehmann will also have non-resident accreditation to Benin, Cameroon, Gabon, Niger and The Gambia.

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14% of users in Nigeria faced Internet cyberthreats, 46% encountered malware in local networks – Kaspersky

9 Nov

In its Q3 IT Threat Evolution report, Kaspersky Lab has published the details of the key security incidents of the quarter. Using statistics from the Kaspersky Security Network (KSN), which obtains information from millions of Kaspersky Lab product users in 213 countries, the report sheds light on the increase in mobile threats, the attempted theft of money from online bank accounts and targeted cyberattacks in the evolving threat landscape. Continue reading

As African Standby Force become operational in two months

9 Nov

What is the African Standby Force (ASF)?

It is a multi-disciplinary, continental peacekeeping force comprised of military, police and civilian components, which are on standby in their regions of origin and available to the African Union for deployment in times of crisis.
The ASF has been in development since May 2003, when the AU adopted the Policy Framework for the Establishment of the African Standby Force and the Military Staff Committee.

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WHO statement on the end of the Ebola outbreak in Sierra Leone as delivered by the WHO Representative in Sierra Leone, Dr Anders Nordström

7 Nov
Today, 7 November 2015, the World Health Organization declares the end of the Ebola outbreak in Sierra Leone. Since Sierra Leone recorded the first Ebola case on 24 May 2014, a total number of 8,704 people were infected and 3,589 have died. From those who tragically lost their lives, 221 of them were healthcare workers. We remember them all today.

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With bitcoin use on the rise, African countries eye regulations

25 Sep

The increasing use of bitcoins in Africa has prompted a growing chorus of government officials, legal experts and e-commerce entrepreneurs to call for the virtual currency to be regulated. In Africa’s largest economy, Nigeria, outlets like leather goods site Minku are now accepting bitcoins. South African bitcoin exchange BitX , which also operates in Nigeria, recently partnered with mobile payment and smartcard company Zazoo to enable bitcoin use via the virtual prepaid MasterCard app, VCpay.

http://www.cio.com/article/2984948/with-bitcoin-use-on-the-rise-african-countries-eye-regulations.html Continue reading

THOUSANDS OF EVICTEES SUFFER AFTER IJORA BADIA FORCED EVICTIONS; GOVERNMENT MUST ASSIST VICTIMS AND PREVENT FURTHER DISPLACEMENT

25 Sep

One week after the forced evictions began suddenly at Ijora Badia East on 18 September 2015, scores of women and children sleep under makeshift shelters at the demolition site. The heavy rains that fell throughout the Eid-el-Kabir (Sallah) holiday highlighted the misery of homelessness. Continue reading

Sierra Leone’s NASSIT on Expansion Drive to The Gambia / Senegal Border

5 Sep

Ralph Ese’Donnu Sawyerr – Officials of the National Social Security and Insurance Trust (NASSIT), accompanied by some members of the Sierra Leone Teachers’ Union, are in the border town between The Gambia and Senegal, Basse, to push NASSIT’s operational expansion drive and to sensitize Sierra Leoneans living out of the country on its activities.  Continue reading

MainOne’s MDX-i taps Azure to offer cloud services in West Africa

5 Sep

 IDG News Service – MDX-i, a subsidiary of MainOne, West Africa’s largest data center, is leaning on  Microsoft’s Azure to launch a service to help meet the computing infrastructure needs of companies deploying private, public or hybrid clouds from its Tier III Data Center in Lagos. Continue reading

ECOWAS partners ISS Africa to implement maritime strategy

3 Sep

The Economic Community of West African States (ECOWAS) has officially acknowledged the key role the Institute for Security Studies (ISS) plays as a partner in implementing its Integrated Maritime Strategy (EIMS). The ISS wrote the EIMS for ECOWAS, which was adopted on 29 March 2014. The two organisations prepared a draft priority plan of action for implementing the EIMS, which ECOWAS experts validated at a meeting from 27 – 28 July in Abuja, Nigeria this year.  Continue reading

African Caucus President wants combat of illicit financial flows in Africa

1 Sep

The President of the African Group and Minister of Finance of Angola, Armando Manuel, has reiterated the need to combat the illicit flow of funds across the continent, saying such could be used for developmental purposes.   Continue reading

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