Seychelles has been ranked as the most attractive country for investors on the African continent for 2024 on the 'Where To Invest In Africa' report published by the investment department of South Africa's second largest bank, First National Bank (FNB), earlier this month. The ranking is based on the investigation of 20 indicators that are divided into four groups. These are the current economic performance and economic potential, market accessibility and level of innovation, economic stability and investment climate and the social conditions and human capital development. The experts at FNB studied the investment opportunities of 31 out of the 54 nations that make up the continent, and Seychelles has ranked first ahead of its neighbour Mauritius, which is in second place. Egypt, South Africa and Morocco make up the top five, from third to fifth respectively. It was in these three nations who topped the list in 2021. The two island nations managed to take over the top spot, after the focus turned away from population size and overall wealth, to focus more on personal freedom and human development. According to the report, Seychelles leads the ranking because of its high level of personal freedom, human development and economic environment, scoring high also due to its connectivity and economic stability. Mauritius scored the most points for its innovations and growth opportunities. The top 10 list also features from sixth to 10th, respectively, namely Ghana, Tunisia, Senegal, Nigeria, and Algeria. Based on common traits found in the four measuring pillars, Invest in Africa offers five possible investment archetypes. «Highflyers» are big, established economies like Nigeria, South Africa, Egypt, and Ethiopia that provide stability and a variety of investment prospects. Senegal and Ivory Coast are among the nations that are considered «Cleared for Take-off» because of their youthful populations and wealth of natural resources. These nations have strong potential for economic growth and innovation. «People Potential» markets, like Kenya, the Democratic Republic of the Congo, and Uganda, have a young and expanding population that will provide a sizeable consumer base and a future labour force. «Global Connectors» include nations like Morocco, Mauritius, Tunisia, and Seychelles that have more developed economies and a significant global footprint. «Low-Base Boomers» refers to tiny markets, such as Rwanda, Mozambique, and Benin, that have a higher degree of risk but also a significant potential for explosive expansion. 

The number of usage of a digital wallet called «eboo,» launched in Seychelles in January by Nebula FinTech Limited, has surpassed expectations, said a top official of the company. Eboo is an instant payment service based in Seychelles and offers an eWallet service that allows users to make instantaneous payments. It is a digital platform designed to facilitate both customer and merchant transactions, providing a convenient alternative to cash and traditional banking methods. The chief technology officer at Nebula Fintech Limited, Nicholas Cetoupe, told SNA that at the moment the number of usage of the app within the population is more than what they expected, and they are hopeful that more people will start using eboo regularly. Cetoupe said, «The app allows you to make payments to friends and businesses, split bills and even pay your Cable and Wireless (CWS) bills. If you use CWS as a mobile network provider, it does not use any of your data consumption and it even clears your bill instantly. All you have to do is dial #155*4# and it will provide you with your customer number and bill amount, which is all the information you need to put into the eboo app.» He explained that eboo works as an eWallet in a closed loop system accessed via the app on a smartphone and that the app is simple so anyone above the age of 18 with a smartphone can use it.  «We have one app for individuals - who have no fees and another for merchants who carry a competitive rate. Since eboo is in a closed loop, the payments are truly instantaneous and allows the recipient to receive the money within seconds of tapping pay. It does not matter what bank you are or what telephone provider you use,» he added. Cetoupe emphasised that security is a priority for them and eboo is a secure digital payment platform that prioritises user protection through advanced security measures. It employs encryption, two-factor authentication, and secure login options like biometric verification to safeguard user data and transactions. Additionally, he said that eboo continuously monitors for suspicious activity and complies with financial regulations, ensuring a safe environment for digital payments in Seychelles. On the usage so far, he said, «It is going well. We had anticipated a learning curve for the population, but activity on our app shows that people are using it. We have over 30 merchants now and conducting testing with the biggest supermarket in Seychelles. We believe that the usage of eboo is on the rise. We even have promotions with merchants such as WiFi Plus, Vitality and Non-Stop Supply, who are offering promotions only if you pay through the eboo app.» Moving forward the company has several huge projects and is «liaising with the government to see how we can contribute to them achieving the digital mandate, with big supermarkets and small businesses alike. We have new features coming out and some big collaborations to look out for. We are very excited for our people in Seychelles to understand how eboo can change their lives and efficiency in their businesses.» 

Police in Lilongwe have questioned an individual who is waging a sole vigorous campaign to have the International Monetary Fund (IMF) officials prosecuted. IMF says it feels threatened with the action by the concerned citizen, Denis Mahata. Mahata is demanding for the removal of the International Monetary Fund’s immunity for it to be prosecuted for allegedly […] The post Police question individual for demanding prosecution of IMF in the country appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Malawians living abroad have a responsibility to join government efforts in building a self-reliant and inclusively wealthy economy as prescribed in the Malawi Agenda 2063 Vision, says President Malawi leader, Lazarus Chakwera. He spoke on Thursday in Berlin when he met Germany-based Malawians.   The President took time to highlight the ATM strategy which outlines […] The post Chakwera urges diaspora community to utilize their gained skills in helping Malawi to develop appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

National Registration Bureau (NRB) has touted its own success, saying since 2016 it has registered 12 287 349 people aged 16 and above for national identity cards (IDs), surpassing an initial target of 11.3 million. Recently, queries have been raised that NRB data in some districts was more than projected populations. However, NRB Principal Secretary […] The post NRB beats its own target: Registers over 12m people since 2016 surpassing 11m target appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Some commentators in the country have faulted Malawi Congress Party (MCP) publicity secretary Jessie Kabwila for inspecting government projects, saying she should have been getting the information on the status from the responsible public agencies. Political analyst Wonderful Mkhutche, says Kabwila has crossed the line into government activities, which also compromises the separation between the […] The post Kabwila accused of crossing line into Govt projects: “There must be separation btwn Govt and party’ appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Malawi has acquired a landmark project in the energy sector with a 70 million Euro investment by Sun Power Africa Development Limited towards construction of a 50-megawatt solar farm to be situated at Choma in Mzuzu. The project, to cover an 80-hectare piece of land in Choma, Mzuzu, is expected to employ over 100 people […] The post Chakwera’s German visit: Investor pumps in K135bn for Mzuni’s 50-Megawatt solar farm in Mzuzu appeared first on Malawi Nyasa Times - News from Malawi about Malawi.

Local news reports said a powerful earthquake started at around 8.30pm today, followed by an eruption near the town of Grindavik at around 9.30pm.

McDonald's dramatic price cut means the fast food giant's coffee now averages around £2 a cup cheaper than many of its competitors.

At the same time, Igor Krasnov emphasized that «in accordance with their obligations, they are obliged to investigate, obliged to identify those responsible, but this is not happening»

Anatoly Antonov warned that Moscow is not going to consult Washington on how to act to expel the Ukrainian armed forces from the Kursk Region

According to the report, the Ukrainian unmanned aerial vehicle was downed in the immediate vicinity of the NPP in Kurchatov with Russian electronic warfare means

[The Conversation Africa] Teodoro Obiang Nguema Mbasogo of Equatorial Guinea is 82 and has been in power for 45 years. Denis Sassou Nguesso of Congo, 79, has held on to power for 40 years. Cameroon's Paul Biya is 91 and has been president for 42 years.

[ANGOP] Luanda -- The ministerial delegations of the Democratic Republic of Congo (DRC) and Rwanda, under the mediation of Angola, will continue this Thursday in Luanda the negotiation of the Lasting and Definitive Peace Agreement for the conflict in eastern DRC, whose closure was initially scheduled for Wednesday.

[Nile Post] This initiative is part of the country's broader National HIV Combination Prevention Strategy, which aims to end AIDS as a public health threat by 2030.

[Premium Times] Alongside videos, several screenshots emerged online, showing South Africans ordering Bolt rides in Nigeria from their own country purely to cause frustration and financial loss for Nigerian drivers.

[ENA] Addis Ababa -- Millions of Ethiopians from all over the nation turned out in the early morning today to smash their own planting record by planting 600 million seedlings today.

Despite having stellar grades which landed him the Public Service Commission scholarship, Ashish Kumar decided to go into «early retirement» as soon as he could. According to his LinkedIn profile, the 32-year-old has a law degree from the University of Cambridge and held posts in the Ministry of Foreign Affairs and Ministry of Communications and Information during his six-year scholarship bond before quitting in February this year. A part-time debate coach at Raffles Institution now, Kumar said he limits his expenses to just $2,500 a month while living off his savings, investment returns and the money from his part-time work, reported Tabla on Thursday (Aug 22). Part of his income also goes towards paying his parents a sum equivalent to the rent for the room he occupies. «I think of it as getting out of the system and taking back control,» he said. «It's very possible to live cheap in Singapore, especially when you take cars and housing out of the equation.»

The Democratic presidential nominee said she would “always stand up for Israel’s right to defend itself,” but also directly addressed the suffering in Gaza.

Harris errs on Trump’s Social Security record and twists a Trump quote on Russia.

This week, The Washington Post's Libby Casey, Rhonda Colvin and James Hohmann sit down just after the conclusion of Vice President Kamala Harris's acceptance speech at the Democratic National Convention. The crew discusses the vibes of the convention, how different it felt from the July Republican National Convention, and the policies Democrats put at the heart of their 2024 campaign. Then, the team goes through their favorite moments of the week. Plus, were Democrats more effective than Republicans at harnessing the power of influencers and social media? The Washington Post Universe's Carmella Boykin and Joseph Ferguson join the show to discuss what's going on in the DNC's «influencer lounges» and beyond.

[Premium Times] The government said the health conditions are worsened by the adoption of unhealthy lifestyles among the people such as tobacco use, alcohol consumption, poor diets, and physical inactivity.

[savethechildren_uk] Port Sudan -- Escalation in violence in Sennar's state capital Sinja on 29 June triggered widespread fighting which has displaced about 725,000 people, over half of whom are estimated to be children, according to data from International Organization for Migration's Displacement Tracking Matrix (IOM DTM).[1]

[Premium Times] «They have been in custody since 2020 and have truly learnt their lessons,» the #EndSars protesters' lawyer said.

Dozens of students attending the Exchange All-Age School in St Ann once again enjoyed a back-to-school treat put on by philanthropist Ian Clough recently. The event is in its eighth year at the school. Several students were given tablets while...

Residents of Higgin Town in South East St Ann will spend less on back-to-school expenses this year, after councillor for the Claremont division, Kaydian Harty, hosted a free back-to-school medical in the community last Friday. “This is the first...

The journey to success for Detective Corporal Damoy Douglas of the Jamaica Constabulary Force (JCF) is a testament to the reward that comes from hard work and dedication. One of 39 Jamaicans who recently received the 2024 Governor General’s...

WESTERN BUREAU: The low-key treatment of the 300th anniversary of the establishment of Hanover as a parish is not sitting well with several business owners there, who are now seeking an explanation for why the year-long celebration, which should...

Calls are being made by defence lawyers for the authorities to move swiftly to put plans in place for accused persons in custody or prison to have access to the exhibits from the prosecution, which are being disclosed electronically. They have...

Mogadishu (HOL) — The United Nations Children's Fund (UNICEF) has condemned the execution of four youths in Somalia's Puntland state last week, asserting that the individuals were minors at the time of their alleged crimes.

Somalia’s ambassador to Kenya Jabril Ibrahim Abdulle sees Thailand as a new option for his compatriots to come for medical service as Thailand provides high-quality services at affordable prices and is Muslim-friendly.

The state investigation into a proposed housing development for Somali-American families in Lakeville can move forward with some limitations, a judge ruled on Thursday, ordering developers to hand over more information about the project.

They are not interested in a ceasefire, the head of the Kharkov Region's civil-military administration Vitaly Ganchev said

The retaliation will be tough, Russian Ambassador to the US Anatoly Antonov said

It is noted that the incident «did not go beyond security limits and requirements»