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ECOWAS Chairman Nana Akufo-Addo meets Mamady Doumbouya in Guinea

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Akufo-Addo meets Mamady Doumbouya

ECOWAS Chairman Nana Akufo-Addo meets Mamady Doumbouya in Guinea

His Excellency President Nana Addo Dankwah Akufo-Addo who doubles as the President of the Republic of Ghana and the Chairperson of Economic Community of West African States (ECOWAS) is in the capital of Guinea, Conakry to have talks with the military junta that has overthrown President Alpha Condé’s government. President Akufo-Addo and his entourage were welcomed by the Guinean Military leadership led by Mamady Doumbouya.

The meeting is centered on how the military junta can help restore the democratic sanity in the Republic of Guinea and also negotiate on releasing the captured President Alpha Condé.

Before this meeting, the leadership of the West African Regional bloc on 16th September 2021 had an emergency meeting in Accra, Ghana, and deliberated on the two coups that have taken place in Mali and Guinea.

The Regional block resorted to sanctioning Guinea. All the heads of state in the bloc decided to freeze the financial assets and impose travel bans on Guinea’s junta members and their relatives, insisting on the release of President Alpha Condé and a short transition.

In a previous virtual meeting led by the head of ECOWAS, President Akufo-Addo reaffirmed ECOWAS’ objection to any unconstitutional political change.

“ECOWAS demands respect for the physical safety of the President of the Republic, Professor Alpha Condé”. We ask the Guinean defense and security forces to remain in a constitutional posture and express our solidarity with the Guinean people and their government,” it added.

Photos of the ECOWAS head's visit to Guinea, Conakry.

President Akufo-Addo introducing his entourage to Mamady Doumbouya

 

Photos of the ECOWAS head's visit to Guinea, Conakry.

President Akufo-Addo [L] and Mamady Doumbouya [R]

Photos of the ECOWAS head's visit to Guinea, Conakry.

Mamady Doumbouya [R] leading President Akufo-Addo [L] to the meeting venue

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Did you know Cornrows were used by slaves to escape slavery?

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Cornrows were used by slaves to escape

Did you know Cornrows were used by slaves to escape slavery?

Cornrows were used by slaves to escape slavery: Cornrows that have found their way in the modern hairstyle among women were used by slaves to transfer information and create maps to exit from their masters.

During the moment slaves were not given the opportunity to write or read and so they developed tactics in passing information through cornrow.

This hairstyle is believed to have originated from the Southern American nation Columbia in the 1500s when Benkos-Bioho curated this design idea of using the cornrow hairstyle to create maps in order to deliver messages. Cornrows were also called canerows to mean the sugarcane fields that slaves worked in.

One style had curved braids, tightly braided on their heads. The curved braids would represent the roads they would use to escape.

Also in their braids, they kept gold and hid seeds which helped them survive after they escaped. They would use the seeds to plant crops once they were liberated.

Cornrows were the best way to not give back any suspicion to the owner. He would never figure out such a hairstyle would mean they would escape or the route they would take.

This hairstyle has now become a dominant fashion among women, especially among African women. It is the simplest hairstyle to go with. It’s best for wearing hair wigs.

 


Culled from: Black History Moment

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Nigeria commits to pay off US$28.7 million capital arrears in Shelter Afrique

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Nigeria Finance Minister Dr Zainab Shamsuna Ahmed and Shelter Afrique MD Andrew Chimphondah

Abuja – January 11, 2022: The Federal Republic of Nigeria has pledged to pay the full capital arrear of US$28.7m in Shelter Afrique, Nigeria’s Finance Minister Dr. Zainab Shamsuna Ahmed disclosed at a meeting with Shelter Afrique Group Managing Director and CEO Mr. Andrew Chimphondah in Abuja.

The Minister further disclosed that the payment will be made in four installments starting January 2022.

In September 2020, the pan African housing development financier received US$$9.4 million from Nigeria. The contribution moved Nigeria to become the second-largest shareholding in the organization with 13.27% of the shareholding, behind Kenya with 17.78%, and ahead of the AfDB at 12.83%.

Lauding the government of Nigeria for its show of confidence in the institution and a stamp of approval for the organisation’s financial turnaround, Mr. Andrew Chimphondah said, “This is a major milestone which is set to propel Nigeria to become the largest shareholder in Shelter-Afrique when the country meets its capital commitment. This is a strong testament of the strong shareholder commitment and support of the Shelter Afrique Board and Management.”

Housing Bond

Shelter Afrique is planning to raise 250 Billion Naira Bond (US$500million) in 2022 to support its affordable housing projects in Nigeria. The Company is set to commence the road shows with prospective investors in January 2022 and is expected to conclude fundraising by end of February.

Shelter Afrique has embarked on a defined strategy of developing and deepening local capital markets so that access to local currency which is competitively priced can be made available to Nigerian Developers from the Real Estate Developers Association of Nigeria (REDAN), Large Developers and Tier 1 and Tier 2 Banks and Primary Mortgage Lenders. The significance of this is that Shelter-Afrique will have been successful in dealing with the foreign exchange exposure risks that have crippled many African countries caused by the weakening of local African currencies against hard currencies such as the United States Dollar and the British Pound Sterling,” Mr. Chimphondah said.

Thanking the Finance Minister Dr. Zainab Shamsuna Ahmed for supporting the Bond Issue by the approvals received on critical waivers from the Ministry of Finance, Mr. Chimphondah noted that Nigeria was a critical and strategic market for Shelter Afrique, adding that the fund realized from the bond issue will go a long way in address the affordable housing shortage in the country, now estimated at 17 Million Units against the continent’s 56 million units.

“As a response to addressing this housing shortage, Shelter Afrique will implement a transformative strategy that will crowd in additional capital funding into the low cost large scale affordable housing market in a commercially viable manner,” Mr. Chimphondah concluded.

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International Open University (IOU) gets global accreditation for its degree programmes in the Gambia

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International Open University (IOU) gets global accreditation

International Open University (IOU) gets global accreditation for its degree programmes in The Gambia

The International Open University (IOU) has been accredited to offer a Bachelor of Business Administration, Bachelor of Science in Islamic Economics, Banking and Finance, and Bachelor of Science in Psychology courses.

A statemnet from the university said the acrediation was confirmed by the National Accreditation and Quality Assurance Authority, NAQAA, in a letter signed by the Chief Executive Officer Dr. Gibril Jaw.

“The IOU received its first letter in March 2021, granting provisional accreditation for one year for its Bachelor of Arabic Language Studies programme, making it the first tertiary institution to ever be granted programme accreditation in The Gambia. The IOU deposited its six other programmes for accreditation soon after,” the statement from IOU said.

Dr. Cherno Omar Barry, the President of the International Open University, was visibly elated by this breakthrough, and he commended the CEO and his team for their steadfastness in ensuring a conducive environment for the development of tertiary and higher education. The CEO’s relentless efforts are paying off as many institutions are now responding positively to the required standards set by NAQAA for harmonized and quality post-secondary education.

Dr. Barry was once the Permanent Secretary of the Ministry of Higher Education, Research, Science and Technology, under whose purview the NAQAA was established. He feels that opportunities are now available to provide the best university education to needy students in The Gambia.

He says that the International Open University is the brainchild of Dr. Bilal Philips and it is a tuition-free institution that is set to support the government in achieving a higher education for all in the critical areas of national development. The IOU was first given a provisional license to operate in 2014 and granted a three-year provisional institutional accreditation in 2019.

The institute operates in over 229 countries with over 600,000 students worldwide, and it has its headquarters in The Gambia.

The IOU presently provides undergraduate training to teachers across the country to meet the policy needs of the Ministry of Basic and Secondary Education in strengthening the quality of education at the secondary level and increasing the pass rate at the WASSCE. It also provides scholarships to needy students through its One Million Africa Scholarship project, called 1MAS.

Dr. Gibril Jaw, the CEO of NAQAA, has confirmed that all the other remaining IOU programmes will be given due consideration for accreditation soon.


Source: International Open University

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