Day: March 18, 2020

The African Diaspora Network Gives Africans Living Abroad A Pathway To Invest At Home

By Meghan McCormick |Forbes

Global remittances to Sub-Saharan Africa (SSA) grew by 10% to $46B in 2018 (the last year for which we have complete data from the World Bank). Remittances, or money sent as a gift typically from family members working in a high-income country to family members living in low- or middle-income countries, are an important part of the global economy. They account for more transfer of funds to SSA than aid from the top 10 donor countries and institutions. The money sent to Africa through remittances is actually larger than many African-country GDPs. Remittances would be the 12th most productive economy in SSA, just behind the Democratic Republic of the Congo and ahead of Côte d’Ivoire.

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Ghanaian entrepreneur and Nigerian win MBA scholarship from Boston University

The Questroom School of Business at the prestigious Boston University, USA, has announced the winners of its Master of Business Administration (MBA) scholarship application for 2020-2021 academic year. The 100% tuition scholarship opportunity which is sponsored by Boston University was open to all Ghanaian and Nigerian citizens. Two outstanding applicants were awarded; Miss Helena Jennifer Afordoanyi from Ghana and Mr Olusegun Awobajo from Nigeria.

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