Afro-Preneur

How to transfer online safely only With hundreds of thousands of people now part of the global world, transferring money from one country to another has become a necessity. People now want to do it faster, but safely. In the past, it was fine to wait for several days to send money using banks. This has drastically changed. Well, some still transfer their money physically but not many people can afford that high risk. When you are sending money to another country for whatever reason, you want to be sure that the money will reach its destination fast and safely. This is because currency exchange rates are always volatile so you don’t want your money losing value while in transit. Afropreneur will show you five simple ways you can transfer money worldwide almost instantly. 1.      One of the fasted ways to send money to anyone, at anytime is through PayPal . This is an online platform that uses email to receive or send money. Unlike banks...

 Source: Facebook  Facebook founder Mark Zuckerberg  has annoucned that  Facebook will today launch Live for everyone. He says this will make it easier to create, share and discover live videos. 'Live for everyone' will literally turn your smarphone into a TV camera in your pocket. "Anyone with a phone now has the power to broadcast to anyone in the world," says Zuckerberg. The new feature will allow any Facebook user to interact live, in a much more personal way. The feature is a brand new shift in how online communication is done. It will creat great opportunities for millions of people to come together.

 Babak Zanjani (Photo sourced from facebook.com/Babak Zanjani)  By Afropreneur Iranian Billionaire Babak Zanjani has been sentenced to death for fraudulently pocketing $2.8 billion, AFP reported. He was sentenced to death on March 6, 2016 for embezzlement of funds and ‘spreading corruption on earth’. Zanjani (41), with a net worth of $13.5 billion found ways of channeling currency from oil sales to Tehran despite sanctions imposed on the Islamic republic’s bank as punishment for nuclear programme . He was the Managing Director (MD) of the United Arab Emirates (UAE) Sorinet Group which is one of Iran’s largest business conglomerates. The billionaire was known to be a facilitator for Iran oil deals providing support to the government of Iran despite the European Union (EU) sanctions against the country. In addition to the death penalty, Zanjani has been ordered to repay money to the state. AFP reported that the case was held in public, and two others could also fac...

  A specimen of a US dollar with Beyonce's face        Ever wondered why no United States (US) dollar bill has a face of a woman?  The US dollar is undoubtedly the most powerful currency in the world. Though not the strongest, it is definitely the widely used. It’s also the most recognized than any other. The dollar is notably recognized by the portrayal of faces of former presidents. Since there has never been a female US president, it is probably obvious that we may not see a woman’s face in the near future on the dollar.  Well, let’s say we could choose 10 influential women whose faces are ideal for the dollar, which ones can it be? Below is Afropreneur’s list of women whose contribution to the American people is indisputable.  Not necessarily because of their recognizable faces but because of the contribution to making America, a great place. Maya Angelou  Maya Angelou  An author, poet and c...

 Ugandan President Yoweri Mseveni has been the president of his country for over 30 years and this is not likely to change in the 2016 elections. Unlike other African leaders who are despised by the west for clinging on to power, Mseveni’s government has been a US ally in fighting terrorists. The US considers Uganda a great ally in keeping peace in the East African region and especially in Somalia where the African country’s troops have been fighting Al-Shabaab . Uganda, under the leadership of Mseveni has a played a huge role in fighting terrorism in the east. It is often very difficult for African opposition leaders to unseat a sitting president in the continent and this is likely to be the case for Uganda. Much more, for Mseveni, the US seems to support him in every way.  The diplomatic relationship between the US and Uganda dates back to 1962. Mseveni has also played a major role in sending troops to the African Union (AU) for peace keeping missions....

   The Zomba prison project.  For hundreds of thousands of Malawians, it will be the first time they will be hearing their country mentioned during a Grammy award ceremony. No Malawian musician or band has ever won or even been nominated for the prestigious award. However, thanks to Malawi ’s Zomba Central Prison. Not for a prison break, but for producing a music album that not only Malawians, but the world can love. The 20-song album was recorded in 2013 by visiting American Grammy-winning producer Ian Brenner.  The group’s album, “ I have no everything here ”, was recorded behind prison walls in Zomba, Malawi.  In 2008, the band was formed with a startup of $800 for purpose of entertaining inmates.  With the money donated by an HIV/AIDS awareness agency, the group was able to purchase basic music instruments.  The Acting Prison Commissioner Dinizulu Mtengano’s who has an eye for talent spotted the musicians wh...

Photo: Deepak Shijagurumayum/AFP/Getty Images An earthquake has hit India, killing at least five people and injuring hundreds others, AFP reported. The 6.7 magnitude earthquake struck the country’s remote northwest region in the early hours of Monday. It was reported that the tremor was felt several kilometers away in Myanmar, Bangladesh and Tibet. India’s military personnel have been assisting in rescue operations. Several people are still trapped in rubble according to reports. The country’s National Disaster Management Authority told a news agency that at least five people had been confirmed dead. Other media reports have so far pegged the death toll at six. A six storey building is reported to have collapsed. Power failure in many affected areas had also been reported. The Guardian reported that rescue workers battled to find construction workers believed to have been buried beneath a building. Dhaka police also reported that about 40 people had been treated ...

Africa’s 10 best countries for business The Forbes Magazine unveiled the best countries for business for 2015. A list of 144 countries has been compiled. The criteria involved 11 different factors including property rights, innovation, taxes, technology, corruption, freedom, red tape, investor protection and stock market performance. Information used for the criteria was obtained from sources such as Freedom House, Heritage Foundation, Property Rights Alliance, Transparency International, World Bank Group and World Economic Forum. From the Forbes list, Afropreneur has compiled a list of 10 best African countries for business. Here is the list of Africa’s top countries for business: 1.      Mauritius:   Gross Domestic Product (GDP) $13 Billion. Population: 1.3 Million. Mauritius  The country is number one in Africa but ranks number 37 in the world. According to Forbes Mauritius has undergone a remarkable economic transformation from a ...