MoneyGram Announces Collaboration with Econet Wireless

MoneyGram (NASDAQ: MGI) (http://www.moneygram.com), a global provider of innovative money transfer services, and Econet Wireless, the leading mobile operator in Zimbabwe, today announced the launch of a new service that enables customers from more than 200 countries and territories worldwide to transfer funds via EcoCash, Zimbabwe’s leading mobile money transfer solution.

The new offering means that more than 4.9 million EcoCash subscribers and MoneyGram customers can receive funds across the EcoCash network at any time, day or night, and from any place. What’s more, consumers can access MoneyGram’s services at more than 20,000 EcoCash locations across Zimbabwe, or at any one of MoneyGram’s agent locations worldwide.

The launch was celebrated at a press conference on October 21, 2015 in Zimbabwe, which was attended by Herve Chomel, MoneyGram’s vice president for Africa and Anton Luttig, MoneyGram’s regional director of southern and eastern Africa.

“Our activation with EcoCash, a leader in Zimbabwe’s mobile money realm, furthers MoneyGram’s vision of expanding our self-service offerings to ensure an unparalleled customer experience,” Chomel says. “With the service, we are offering millions of consumers, many in remote areas of the country, access to a fast, reliable and secure method of transferring money, much of which is used to purchase life essentials and daily expenses.”

EcoCash is the second fastest growing mobile money solution in Africa.

“We have a strong presence in Zimbabwe’s digital environment and we are excited to link up with MoneyGram to utilize the company’s global footprint and bring more options to our consumers,” says Douglas Mboweni, CEO of Econet Wireless. “In-wallet remittances are becoming more topical, not only in driving access to international remittances for the previously unbanked but also driving further financial inclusion as we link the diaspora and home. By working with MoneyGram, we will help reach more consumers who rely on our domestic and international remittance services to handle their daily financial needs.”

Consumers have access to MoneyGram in more than 50 African countries, and the company is working to support economic development across the continent through expanded alternative channels like the EcoCash service.

Distributed by APO (African Press Organization) on behalf of MoneyGram International, Inc..

Media Contact:

Michelle Buckalew
media@moneygram.com
214-979-1418

About MoneyGram

MoneyGram (http://www.moneygram.com) is a global provider of innovative money transfer and payment services and is recognized worldwide as a financial connection to friends and family. Whether online, or through a mobile device, at a kiosk or in a local store, we connect consumers any way that is convenient for them. We also provide bill payment services, issue money orders and process official checks in select markets. More information about MoneyGram International, Inc. is available at moneygram.com.

Source:: MoneyGram Announces Collaboration with Econet Wireless

Categories: AFRICA

MoneyGram Announces Collaboration with Econet Wireless

MoneyGram (NASDAQ: MGI) (http://www.moneygram.com), a global provider of innovative money transfer services, and Econet Wireless, the leading mobile operator in Zimbabwe, today announced the launch of a new service that enables customers from more than 200 countries and territories worldwide to transfer funds via EcoCash, Zimbabwe’s leading mobile money transfer solution.

The new offering means that more than 4.9 million EcoCash subscribers and MoneyGram customers can receive funds across the EcoCash network at any time, day or night, and from any place. What’s more, consumers can access MoneyGram’s services at more than 20,000 EcoCash locations across Zimbabwe, or at any one of MoneyGram’s agent locations worldwide.

The launch was celebrated at a press conference on October 21, 2015 in Zimbabwe, which was attended by Herve Chomel, MoneyGram’s vice president for Africa and Anton Luttig, MoneyGram’s regional director of southern and eastern Africa.

“Our activation with EcoCash, a leader in Zimbabwe’s mobile money realm, furthers MoneyGram’s vision of expanding our self-service offerings to ensure an unparalleled customer experience,” Chomel says. “With the service, we are offering millions of consumers, many in remote areas of the country, access to a fast, reliable and secure method of transferring money, much of which is used to purchase life essentials and daily expenses.”

EcoCash is the second fastest growing mobile money solution in Africa.

“We have a strong presence in Zimbabwe’s digital environment and we are excited to link up with MoneyGram to utilize the company’s global footprint and bring more options to our consumers,” says Douglas Mboweni, CEO of Econet Wireless. “In-wallet remittances are becoming more topical, not only in driving access to international remittances for the previously unbanked but also driving further financial inclusion as we link the diaspora and home. By working with MoneyGram, we will help reach more consumers who rely on our domestic and international remittance services to handle their daily financial needs.”

Consumers have access to MoneyGram in more than 50 African countries, and the company is working to support economic development across the continent through expanded alternative channels like the EcoCash service.

Distributed by APO (African Press Organization) on behalf of MoneyGram International, Inc..

Media Contact:

Michelle Buckalew
media@moneygram.com
214-979-1418

About MoneyGram

MoneyGram (http://www.moneygram.com) is a global provider of innovative money transfer and payment services and is recognized worldwide as a financial connection to friends and family. Whether online, or through a mobile device, at a kiosk or in a local store, we connect consumers any way that is convenient for them. We also provide bill payment services, issue money orders and process official checks in select markets. More information about MoneyGram International, Inc. is available at moneygram.com.

Source:: MoneyGram Announces Collaboration with Econet Wireless

New Permanent Representative of Burkina Faso presents credentials

The Permanent Representative of Burkina Faso to the United Nations (Vienna), Solange Eveline K. Rita Agneketom Bogore, presented her credentials today to the Director-General of the United Nations Office at Vienna (UNOV), Yury Fedotov.

During her career, Ms. Agneketom Bogore has served in various capacities, among them:

Ambassador/Deputy Permanent Representative to Vienna, Austria (2013-2014); Director of Specific Organizations at the Department in charge of Multilateral Relations, Ministry of Foreign Affairs and Regional Cooperation, (2008-2013); Second Counselor, Embassy/Permanent Mission of Burkina Faso to Austria, (2003-2008); Head, Pacific-Caribbean Department, Ministry of Foreign Affairs (2000-2003); Foreign Affairs Counselor, Ministry of Foreign Affairs (1998).

Ms. Agneketom Bogore holds a Master Degree in German Language from the University of Paris I, Nanterre, France, as well as a Postgraduate Professional Diploma in Development and International Cooperation from the University of Paris I, Pantheon, Sorbonne, France.

Ms. Agneketom Bogore is married.

Distributed by APO (African Press Organization) on behalf of United Nations Information Service Vienna (UNIS).

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Source:: New Permanent Representative of Burkina Faso presents credentials

Categories: AFRICA

Lord Mayor of London partners with Barclays to stimulate Capital Market Growth

The Lord Mayor of the City Of London, Alderman Alan Yarrow has stated that “developed capital markets could be a real catalyst for Ghanaian businesses and for the people of Ghana”. He made this comment at a Barclays sponsored Business Breakfast Meeting organised in partnership with UK Trade & Investment. The event was part of his recent official visit to Ghana. The Barclays Breakfast Meeting was under the theme ‘Growing Ghana’s capital Markets for sustainable development’. Panellists at the Business Breakfast Meeting held at Movenpick, included Seth Asante of Bentsi-Enchill Letsa & Ankomah, Daniel Ogbarmey Tetteh of Databank, Winston Nelson of African Alliance, Kobla Nyaletey of Barclays, and Ekow Afedzie of the Ghana Stock Exchange. The panel sought to stimulate discussions on capital markets and their role in funding companies and developing the economy, demonstrate how UK expertise can help to grow capital markets and what opportunities can be accessed, discuss how SME’s can benefit from a thriving capital market-raising capital, receiving the needed advisory services and support, growing and having a positive impact on the economy and the role of government in developing the capital market. Ghana has seen improvements in its capital market structure and infrastructure over the years, the challenge is for players in the space to be more dedicated to innovation, openness, collective trust and commitment to working strongly together. The Government has been identified as a key player in ensuring the successful development and growth of the capital market, interventions such as tax rebates, tax cushioning, and tax exemption on market services will go a long way to strengthen market activities.

Mrs Abena Osei-Poku, Corporate Director of Barclays Bank, highlighted the key role Barclays has played in Ghana’s capital markets, commenting that “[Barclays has] played lead roles in Ghana’s Eurobonds issuances, domestic government local currency bond issuances and distribution and the development of the secondary bond market.” She further stated that “Barclays believe[s] in the potential of the capital market in Ghana as a solid avenue for raising long term capital and a good platform to build stronger governance systems.”

The Lord Mayor mentioned that ‘’Accessing high quality capital markets is crucial in today’s global and interconnected world. It’s all about access: capital markets allow investors to access finance, and allows for businesses to access the expertise needed for growth. But on top of that, listing transforms fundamentally the way in which a business is run – bringing in new efficiencies and allowing for a better return on capital. In real terms, that means jobs, growth, infrastructure, and prosperity.”

London’s Alternative Investment Market (AIM) has celebrated its 20th anniversary. During this time it has raised almost £24 billion and has helped more than 3,000 SMEs to raise equity. Flexibility is provided by less regulation and no requirements for capitalisation or number of shares issued. And many of those companies have gone on to join the main market after growing on AIM. Invited guests highlighted their optimism of Ghana’s Alternative Exchange (GAX) following suit. There was a call on SME’s to consider listing on GAX as it will offer them a better alternative to raising long term capital, they were also encouraged to break the cultural attitude of wanting to own a hundred percent of their business and rather look at getting others to take up shares in their growing businesses.

The Lord Mayor went on to comment that developing a country’s capital market is easier said than done. Capital markets cannot function in a vacuum. It takes government commitment, legal support and the engagement of regulators. ‘’For one thing, we in the UK stand ready to help our friends and partners in Ghana; we will share willingly our knowledge, experience and advice. The UK has some of the finest financial, legal and professional services in the world. We have an international investor base, with experience of capital markets all over the world. We have wide sector coverage: the AIM platform alone has 40 different industries from over 28 countries. And we have a sensational network of advisors who can support Ghanaian organisations at every stage in the process. Those advisors are particularly keen to do their bit. We would all like to explore opportunities to create new partnerships and reaffirm old ones.”

Distributed by APO (African Press Organization) on behalf of British High Commission Accra.

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Source:: Lord Mayor of London partners with Barclays to stimulate Capital Market Growth

Categories: AFRICA

Her Majesty’s Ship Lancaster

Her Majesty’s Ship Lancaster, one of the Royal Navy’s state of the art Type 23, Duke Class frigates, accompanied by her support vessel Royal Fleet Auxiliary Gold Rover, will berth at the Tema port between the 21st- 25th of October 2015. HMS Lancaster’s stay at the harbour from Wednesday 21st October will see the ships’ company partake in training sessions with the Ghana Armed Forces, re-decorate and set up a newly built school in Tema, and compete in sporting tournaments against the Ghana Navy and a mixture of local teams.

The ship will be open for an exclusive viewing from the 21st of October to selected schools and organisations. Visitors will be able to tour the upper deck, view the impressive weapon systems and see the new Wildcat Helicopter and her aircrew.

On the evening of October 21st 2015, the Commanding Officer of the Ship, Commander Peter Laughton MBE will host a reception on board for stakeholders across the Ghana Armed Forces, Government, and Civic society. The British Defence Adviser, Lieutenant Colonel, Ben Richards, will attend and open the reception. The reception will give way to three days of intensive training with Ghana’s Navy.

Background:

HMS LANCASTER was built on the Clyde by Yarrow Shipbuilders and was launched by Her Majesty The Queen, on 24 May 1990. She was commissioned into the Royal Navy on 1 May 1992. The close affiliation to Her Majesty continues today, earning LANCASTER the nickname “The Queen’s Frigate”. She is the sixth Royal Navy ship to bear the name. The previous LANCASTER had been launched for the US Navy in 1918 as a 1,100 tonne destroyer named USS PHILIP. In 1940 she was transferred to the Royal Navy and gained battle honours for Atlantic and Arctic Convoys, plus North Sea patrols.

HMS LANCASTER sailed from Portsmouth for her 9 month Atlantic Patrol Tasking (South) deployment on the 21st March 2015. During the deployment, HMS LANCASTER has sailed in excess of 27,000 nautical miles, made over 17 port visits, and travelled to 4 continents with highlights including the Panama Canal transit and Fleet Week in New Orleans.

HMS LANCASTER has been given the honour to be the first ship to deploy in the Royal Navy’s new uniform. The new uniform brings to an end 70 years of the old-style light blue shirt and dark blue trousers. The Ship’s Company have really taken to the new uniform: it’s more comfortable, looks smarter, and provides sailors with more protection. The additional pockets also make life easier when carrying the necessary tools. In another first HMS LANCASTER is the first ship to deploy with the Royal Navy’s newest helicopter, the Wildcat. Replacing the Lynx helicopter, the Wildcat has many improvements, making it a significantly more capable aircraft. It has a redesigned tail rotor system improving the strength and stealth of the aircraft whilst the aircrew benefit from the improved state-of-the-art cockpit with high tech communications, crash worthy-armoured seats and full 360 degree colour surveillance radar. The Wildcat, like its predecessor can be used in a variety of roles including anti-ship and anti-submarine protection, casualty evacuation, battlefield reconnaissance and as a general utility helicopter. The Royal Navy maintains a permanent presence in the South Atlantic and West Africa to provide ongoing protection and reassurance, conduct Defence engagement, and conduct maritime security patrols. The commitment consists of two warships; either a destroyer or frigate accompanied by a Royal Fleet Auxiliary vessel.
The UK has a responsibility to its citizens and its allies to endeavor to safeguard the high seas. This is why the Royal Navy protects home and international waters – making sure the global trade that Britain and the world depend on can proceed without a hitch. As the fifth largest economy in the world, the UK has responsibilities towards its allies and partners. The Royal Navy plays a crucial role in fostering these enduring and lasting alliances with other nations.

Distributed by APO (African Press Organization) on behalf of British High Commission Accra.

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Source:: Her Majesty’s Ship Lancaster

Categories: AFRICA

Press conference by the President of the PAU Council

The Pan African University Council will convene in an extra ordinary session from Thursday, 22nd October to Friday, 23rd October 2015, at the AUC Headquarters in Addis Ababa. The meeting will discuss among other things, issues bordering on the relocation of the PAU Rectorate, the operationalization of the fifth PAU Institute – for Space Sciences, in South Africa; long term academic staff recruitment; and amendments to the PAU Statute, to strengthen the University’s standards of academic freedom, autonomy and excellence.

At the end of the Council meeting, the President of the PAU Council, Professor Tolly S. Mbwette, will hold a press conference on Friday, 23rd October 2015, in Small Conference Room 4 at 1:00pm.

Media representatives are invited to participate in and cover the Press Conference

Distributed by APO (African Press Organization) on behalf of African Union Commission (AUC).

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Source:: Press conference by the President of the PAU Council

Categories: AFRICA

Press conference by the President of the PAU Council

The Pan African University Council will convene in an extra ordinary session from Thursday, 22nd October to Friday, 23rd October 2015, at the AUC Headquarters in Addis Ababa. The meeting will discuss among other things, issues bordering on the relocation of the PAU Rectorate, the operationalization of the fifth PAU Institute – for Space Sciences, in South Africa; long term academic staff recruitment; and amendments to the PAU Statute, to strengthen the University’s standards of academic freedom, autonomy and excellence.

At the end of the Council meeting, the President of the PAU Council, Professor Tolly S. Mbwette, will hold a press conference on Friday, 23rd October 2015, in Small Conference Room 4 at 1:00pm.

Media representatives are invited to participate in and cover the Press Conference

Distributed by APO (African Press Organization) on behalf of African Union Commission (AUC).

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Source:: Press conference by the President of the PAU Council

Categories: AFRICA

Sudan Revolutionary Front’s Declaration of a Six-Month Cessation of Hostilities

Press Statement
John Kirby
Department Spokesperson
Washington, DC
October 20, 2015

The United States welcomes the Sudan Revolutionary Front’s October 18, 2015 declaration of a six-month unilateral cessation of hostilities beginning at midnight on October 21 in Darfur and the states of Southern Kordofan and Blue Nile.

We urge the Government of Sudan to build on its own stated commitment by also declaring a unilateral cessation of hostilities for the same time period and covering the same areas. We encourage both the Government of Sudan and the SRF to work under the auspices of the African Union High-Level Implementation Panel to translate their cessation of hostilities declarations into a sustainable end to Sudan’s conflicts, initially by ensuring a cessation of hostilities is properly monitored by a neutral third party. If respected by all parties to the conflict, a cessation of hostilities will help facilitate the delivery of humanitarian assistance to Sudanese citizens affected by the conflicts in Darfur, Southern Kordofan, and Blue Nile. To that end, we call on both parties in conjunction with the UN to finalize the modalities by which humanitarian assistance will be delivered to people in need.

A true cessation of hostilities will contribute to a genuine dialogue to address the underlying causes of the armed conflicts that have plagued Sudan for far too long. There is no military solution to Sudan’s conflicts. Further fighting only increases the suffering of the Sudanese people. The United States calls on all parties to the conflicts in Sudan to seize this opportunity to end the wars and begin a path towards lasting peace.

Distributed by APO (African Press Organization) on behalf of U.S. Department of State.

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Categories: AFRICA

Sudan Revolutionary Front’s Declaration of a Six-Month Cessation of Hostilities

Press Statement
John Kirby
Department Spokesperson
Washington, DC
October 20, 2015

The United States welcomes the Sudan Revolutionary Front’s October 18, 2015 declaration of a six-month unilateral cessation of hostilities beginning at midnight on October 21 in Darfur and the states of Southern Kordofan and Blue Nile.

We urge the Government of Sudan to build on its own stated commitment by also declaring a unilateral cessation of hostilities for the same time period and covering the same areas. We encourage both the Government of Sudan and the SRF to work under the auspices of the African Union High-Level Implementation Panel to translate their cessation of hostilities declarations into a sustainable end to Sudan’s conflicts, initially by ensuring a cessation of hostilities is properly monitored by a neutral third party. If respected by all parties to the conflict, a cessation of hostilities will help facilitate the delivery of humanitarian assistance to Sudanese citizens affected by the conflicts in Darfur, Southern Kordofan, and Blue Nile. To that end, we call on both parties in conjunction with the UN to finalize the modalities by which humanitarian assistance will be delivered to people in need.

A true cessation of hostilities will contribute to a genuine dialogue to address the underlying causes of the armed conflicts that have plagued Sudan for far too long. There is no military solution to Sudan’s conflicts. Further fighting only increases the suffering of the Sudanese people. The United States calls on all parties to the conflicts in Sudan to seize this opportunity to end the wars and begin a path towards lasting peace.

Distributed by APO (African Press Organization) on behalf of U.S. Department of State.

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Source:: Sudan Revolutionary Front’s Declaration of a Six-Month Cessation of Hostilities

Categories: AFRICA

United States Welcomes the Appointment of President Mogae To Chair Oversight of the South Sudan Peace Agreement

Press Statement
John Kirby
Department Spokesperson
Washington, DC
October 20, 2015

The Department of State commends the Inter-Governmental Authority on Development (IGAD) for selecting former Botswanan President Festus Mogae as the Chairperson of the Joint Monitoring and Evaluation Commission (JMEC) for South Sudan. A prominent leader of accomplishment and moral authority, President Mogae will lead a group of international experts responsible for overseeing and supporting the implementation of all aspects of the agreement. The United States welcomes his appointment and will work closely with him and other international partners to help the South Sudanese people revitalize their dream of achieving peace and building a new nation.

The United States for decades has been one of the closest partners and friends to the people of South Sudan. The U.S. Special Envoy Donald Booth has been deeply involved in the peace process and will continue to work with all the partners, including President Mogae and the JMEC, in the implementation of the August peace agreement. Through successful implementation, we seek to restore the spirit of hope and promise shared by South Sudanese people upon independence in 2011. We look forward to receiving President Mogae in Washington, D.C. in the coming weeks to coordinate our efforts to accomplish this goal.

Distributed by APO (African Press Organization) on behalf of U.S. Department of State.

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Source:: United States Welcomes the Appointment of President Mogae To Chair Oversight of the South Sudan Peace Agreement

Categories: AFRICA

United States Welcomes the Appointment of President Mogae To Chair Oversight of the South Sudan Peace Agreement

Press Statement
John Kirby
Department Spokesperson
Washington, DC
October 20, 2015

The Department of State commends the Inter-Governmental Authority on Development (IGAD) for selecting former Botswanan President Festus Mogae as the Chairperson of the Joint Monitoring and Evaluation Commission (JMEC) for South Sudan. A prominent leader of accomplishment and moral authority, President Mogae will lead a group of international experts responsible for overseeing and supporting the implementation of all aspects of the agreement. The United States welcomes his appointment and will work closely with him and other international partners to help the South Sudanese people revitalize their dream of achieving peace and building a new nation.

The United States for decades has been one of the closest partners and friends to the people of South Sudan. The U.S. Special Envoy Donald Booth has been deeply involved in the peace process and will continue to work with all the partners, including President Mogae and the JMEC, in the implementation of the August peace agreement. Through successful implementation, we seek to restore the spirit of hope and promise shared by South Sudanese people upon independence in 2011. We look forward to receiving President Mogae in Washington, D.C. in the coming weeks to coordinate our efforts to accomplish this goal.

Distributed by APO (African Press Organization) on behalf of U.S. Department of State.

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Source:: United States Welcomes the Appointment of President Mogae To Chair Oversight of the South Sudan Peace Agreement

Categories: AFRICA

Joint statement by Federica Mogherini, High Representative for Foreign Affairs and Security Policy/Vice-President of the European Commission, and Minister of Foreign Affairs Tedros Adhanom of the Federal Republic of Ethiopia:

We met today and confirmed the strategic relationship, 40 years strong, between the European Union and Ethiopia in promoting economic growth, enhancing peace and security in the region, managing migration and mobility and strengthening the foundations of democracy and inclusivity.

In this regard, we have agreed to elevate the level of our relations into a “Strategic Partnership”. We will start a regular dialogue at foreign minister level, steering political dialogues that will include new areas of common interest and more regular meetings at ministerial level.

We recognised that our strong development cooperation should be supported by more private sector engagement. The EU already being Ethiopia’s first trading partner, we are determined to enhance our economic relations by upgrading the existing EU-Ethiopia Business Forum and promoting investment from Europe into Ethiopia, creating more jobs and growth.

Migration is an issue that is of concern to the region, where Ethiopia is host to so many refugees, and for the European Union. We agreed on the principle of a Common Agenda on Migration and Mobility and have made considerable progress on its text that will guide our cooperation in this area. We agreed to work in particular together on tackling migrant smuggling and human trafficking, to support the reintegration of returned migrants, to support Ethiopia in its hospitality for refugees from neighbouring countries and to strengthen resilience of most vulnerable communities. We look forward to presenting the Joint Declaration on the Common Agenda on Migration and Mobility at the upcoming Valletta Summit.

Ethiopia’s contribution to peace and security in the region, particularly the peace process in South Sudan and the state building in Somalia, was acknowledged. In this regard, we are determined to continue coordinating our efforts and to extend support through the African Union and the Inter-Governmental Authority for Development (IGAD).

Distributed by APO (African Press Organization) on behalf of European Commission.

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Source:: Joint statement by Federica Mogherini, High Representative for Foreign Affairs and Security Policy/Vice-President of the European Commission, and Minister of Foreign Affairs Tedros Adhanom of the Federal Republic of Ethiopia:

Categories: AFRICA