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Migration: UN Wants African Leaders to Tackle Poverty, Others

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By Dipo Olowookere

Every year, many Africans take the risky journey through the Libyan desert to the Mediterranean Sea and finally to Europe, where they feel the land is green.

While undertaking this journey, many of them die in the desert and the sea, while others are kicked up by Libyan rebels, who use them for slavery.

But the United Nations, which is worried by the issue, has advised African leaders to address the root causes of the mass migration to Europe. The global body said these root causes as poverty, conflict, discrimination and exclusion of all kinds.

Speaking at a special panel discussion, one of four Africa Dialogue Series 2019 side events, Secretary-General of the United Nations, Mr António Guterres, said, “The best way to protect refugees and displaced people is to prevent them from having to leave their homes. That means tackling root causes – poverty, conflict, discrimination and exclusion of all kinds.”

According to him, “The 2030 Agenda for Sustainable Development and the African Union’s Agenda 2063 are our roadmap. Both agendas are aligned around a people-centred and planet-sensitive transformation. Eradicating poverty is their overriding priority.”

He said, “African countries have a long record of keeping their borders, doors and hearts open to refugees and internally displaced people – an example not followed by everyone in the world.”

Business Post reports that at the meeting held on May 23 at the United Nations Headquarters in the United States, participant discussed the challenges faced by refugees, migrants and internally displaced persons (IDPs), their specific needs, including being recognized as a group that can bring significant benefits such as health, human capital development and the eradication of poverty.

Also speaking on the occasion, United Nations Deputy Secretary-General, Mrs Amina Mohammed, said the narrative about Africa needed to change in four principal respects.

“First, Africa’s progressive response to forced displacement must be recognized and supported

“Africa is not a continent of mass exodus. Most African migrants are educated and move within the continent for economic opportunities, contributing to growth.”

“Second, understandings of migration in Africa must align with the facts. Africa is not a continent of mass exodus; in fact, in 2017 less than 2.9 per cent of Africa’s population left the continent. Most African migrants are educated and move within the continent for economic opportunities, thereby contributing to growth,” she explained.

“Third, African youth play a catalytic role for peace, including by using social media to combat xenophobia. Finally, the economic outlook for Africa is positive, especially in light of the African Continental Free Trade Area, which will boost inclusive economic growth through infrastructure development and employment creation, especially for youth.”

“Forced displacement is not only a tale of human tragedy; it also poses a real threat to achieving peace, prosperity and development,” said Bience Gawanas, Under-Secretary General and Special Adviser on Africa to the UN Secretary-General.

“Behind each number (refugee), there is a human being. I, myself, am a product of African solidarity. Having left home in my teens during the war of liberation against apartheid in Namibia, I spent years in refugee camps in Angola and Zambia and benefitted immensely from the generosity of the Angolan and Zambian people. I want to take this opportunity to personally thank you for your big heart,” she said.

UNFPA strongly believes that durable solutions to forced displacement should include women and adolescent girls’ empowerment, as this is critical for peace, security and sustainable development of Africa, said Dereje Wordofa, Assistant Secretary-General and UNFPA Deputy Executive Director.

“When in possession of opportunities, education, safe environments, health care and services, regardless of their status [ … ] Africa’s young will continue to thrive.”

“Twenty-five years ago, a global revolution started in Cairo. The International Conference on Population and Development (ICPD) for the first time enshrined individuals’ right to make their own reproductive choices freely and responsibly.”

To harness the demographic dividend for Africa, investment in the continent’s youth is needed, he urged. “When in possession of opportunities, education, safe environments, health care and services, regardless of their status as citizens, migrant, forcibly displaced or refugee, Africa’s young will continue to thrive.”

María Fernanda Espinosa Garcés, President of the 73rd Session of the UN General Assembly, said Africa’s tremendous contribution to the UN continues to be under-appreciated and the region’s voice under-represented in the international system.

“We have what could be called a ‘solidarity deficit’ – multilateral decision-making processes, policies and programmes that should be skewed towards the needs, views and priorities of Africa are not yet there.

We need durable solutions – voluntary return or repatriation as appropriate, but also resettlement and integration.

“We need durable solutions – voluntary return or repatriation as appropriate, but also resettlement and integration. And we need greater political and financial support for transitions at the humanitarian-development nexus. The Global Compacts on refugees and migrations adopted last year provide a solid basis for us to move forward, and I call on leaders in Africa and across the world to implement them both,” she urged.

“It is critical to ensure that migrants and refugees have access to health and education services, including sexual and reproductive health, while protecting the health of host populations through improved implementation of international health regulations, said Mabingue Ngom, UNFPA Regional Director for UNFPA West and Central Africa.

Ekhlas Ahmed, a youth representative and former refugee from Sudan, spoke of her experiences:

“Everything started with the voice … Once I found my voice, I never stopped using it to ensure that women, girls and young refugees are treated with the dignity and respect they deserve.”

As part of the 2019 Africa Dialogue Series, the UN Office of the Special Adviser on Africa (OSAA), the Permanent Mission of the African Union to the United Nations, and UNFPA, the United Nations sexual and reproductive health agency, organized a side event at the United Nations Headquarters on 23 May on “Emerging issues from Africa ICPD Regional Reviews (Addis Ababa Declaration on Population and Development +5): Linkages between mobility, human dignity and refugees, returnees and IDPs – Celebrating successes and addressing challenges.”

The panel discussion was one of four Africa Dialogue Series 2019 side events organized around the 2019 theme of the African Union – “The Year of Refugees, Returnees and Internally Displaced Persons (IDPs): Towards Durable Solutions to Forced Displacement in Africa.” Moderated by UNFPA Regional Director for West and Central Africa Mabingue Ngom, under the chairmanship of UNFPA Deputy Executive Director Dereje Wordofa, it brought together a diverse panel.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Comviva Wins at IBSi Global FinTech Innovation Award

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Rajesh Chandiramani

By Modupe Gbadeyanka

For transforming cross-border payments through its deployment with Global Money Exchange, Comviva has been named Best In-Class Cross Border Payments.

The global leader in digital transformation solutions clinched this latest accolade at the IBS Intelligence Global FinTech Innovation Award 2025.

The recognition highlights how Comviva’s mobiquity Pay is helping shape a modern cross-border payment ecosystem that stretches far beyond conventional remittance services.

Deployed as a white label Wallet Platform and launched as Global Pay Oman App, it fulfils GMEC’s dual vision—positioning itself as an innovative payment service provider while digitally extending its core money transfer business.

The solution allows GMEC to offer international money transfers alongside seamless forex ordering and other services. These capabilities sit alongside a broad suite of everyday financial services, including bill and utility payments, merchant transactions, education-related payments, and other digital conveniences — all delivered through one unified experience.

“This award is a testament to Oman’s accelerating digital transformation and our commitment to reshaping how cross-border payments serve people and businesses across the Sultanate.

“By partnering with Comviva and bringing the Global Pay Oman Super App, we have moved beyond traditional remittance services to create a truly inclusive and future-ready financial ecosystem.

“This innovation is not only enhancing convenience and transparency for our customers but is also supporting Oman’s broader vision of building a digitally empowered economy,” the Managing Director at Global Money Exchange, Subromoniyan K.S, said.

Also commenting, the chief executive of Comviva, Mr Rajesh Chandiramani, said, “Cross-border payments are becoming a daily necessity, not a niche service, particularly for migrant and trade-linked economies.

“This recognition from IBS Intelligence validates our focus on building payment platforms that combine global reach with local relevance, operational resilience and a strong user experience. The deployment with Global Money Exchange Co. demonstrates how mobiquity® Pay enables financial institutions to move beyond remittances and deliver integrated digital services at scale.”

“The deployment of mobiquity Pay for GMEC showcases how scalable, API-driven digital wallet platforms can transform cross-border payments into seamless, value-rich experiences.

“By integrating remittances, bill payments, forex services, and AI-powered engagement into a unified Super App, Comviva has reimagined customer journeys and operational agility.

“This Best-in-Class Cross-border Payments award win stands as a testament to Comviva’s excellence in enabling financial institutions to compete and grow in a digitally convergent world,” the Director for Research and Digital Properties at IBS Intelligence, Nikhil Gokhale, said.

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Russia Renews Africa’s Strategic Action Plan

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Russia Africa's Strategic Action Plan

By Kestér Kenn Klomegâh

At the end of an extensive consultation with African foreign ministers, Russian Foreign Minister, Sergey Lavrov, has emphasized that Moscow would advance its economic engagement across Africa, admittedly outlining obstacles delaying the prompt implementation of several initiatives set forth in Strategic Action Plan (2023-2026) approved in St. Petersburg during the Russia-Africa Summit.

The second Ministerial Conference, by the Russian Foreign Ministry with support from Roscongress Foundation and the Arab Republic of Egypt, marked an important milestone towards raising bilateral investment and economic cooperation.

In Cairo, the capital city of the Arab Republic of Egypt, Lavrov read out the final resolution script, in a full-packed conference hall, and voiced strong confidence that Moscow would achieve its strategic economic goals with Africa, with support from the African Union (AU) and other Regional Economic blocs in the subsequent years. Despite the complexities posed by the Russia-Ukraine crisis, combined with geopolitical conditions inside the African continent, Moscow however reiterated its position to take serious steps in finding pragmatic prospects for mutual cooperation and improve multifaceted relations with Africa, distinctively in the different sectors: in trade, economic and investment spheres, education and culture, humanitarian and other promising areas.

The main event was the plenary session co-chaired by Russian Foreign Minister Sergey Lavrov and Egyptian Minister of Foreign Affairs, Emigration, and Egyptians Abroad Bashar Abdelathi. Welcome messages from Russian President Vladimir Putin and Egyptian President Abdelhak Sisi were read.

And broadly, the meeting participants compared notes on the most pressing issues on the international and Russian-African agendas, with a focus on the full implementation of the Russia-Africa Partnership Forum Action Plan for 2023-2026, approved at the second Russia-Africa Summit in St. Petersburg in 2023.

In addition, on the sidelines of the conference, Lavrov held talks with his African counterparts, and a number of bilateral documents were signed. A thematic event was held with the participation of Russian and African relevant agencies and organizations, aimed at unlocking the potential of trilateral Russia-Egypt-Africa cooperation in trade, economic, and educational spheres.

With changing times, Africa is rapidly becoming one of the key centers of a multipolar world order. It is experiencing a second awakening. Following their long-ago political independence, African countries are increasingly insisting on respect for their sovereignty and their right to independently manage their resources and destiny. Based on these conditions, it was concluded that Moscow begins an effective and comprehensive work on preparing a new three-year Cooperation and Joint Action Plan between Russia and Africa.

Moreover, these important areas of joint practical work are already detailed in the Joint Statement, which was unanimously approved and will serve as an important guideline for future work. According to reports, the Joint Statement reflects the progress of discussions on international and regional issues, as well as matters of global significance.

Following the conference, the Joint Statement adopted reflects shared approaches to addressing challenges and a mutual commitment to strengthening multifaceted cooperation with a view to ensuring high-quality preparation for the third Russia-Africa Summit in 2026.

On December 19-20, the Second Ministerial Conference of the Russia-Africa Partnership Forum was held in Cairo, Egypt. It was held for the first time on the African continent, attended by heads and representatives of the foreign policy ministries of 52 African states and the executive bodies of eight regional integration associations.

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TikTok Signs Deal to Avoid US Ban

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Forex Advice on TikTok

By Adedapo Adesanya

Social media platform, TikTok’s Chinese owner ByteDance has signed binding agreements with United States and global investors to operate its business in America.

Half of the joint venture will be owned by a group of investors, including Oracle, Silver Lake and the Emirati investment firm MGX, according to a memo sent by chief executive, Mr Shou Zi Chew.

The deal, which is set to close on January 22, 2026 would end years of efforts by the US government to force ByteDance to sell its US operations over national security concerns.

It is in line with a deal unveiled in September, when US President Donald Trump delayed the enforcement of a law that would ban the app unless it was sold.

In the memo, TikTok said the deal will enable “over 170 million Americans to continue discovering a world of endless possibilities as part of a vital global community”.

Under the agreement, ByteDance will retain 19.9 per cent of the business, while Oracle, Silver Lake and Abu Dhabi-based MGX will hold 15 per cent each.

Another 30.1 per cent will be held by affiliates of existing ByteDance investors, according to the memo.

The White House previously said that Oracle, which was co-founded by President Trump’s supporter Larry Ellison, will license TikTok’s recommendation algorithm as part of the deal.

The deal comes after a series of delays.

Business Post reported in April 2024 that the administration of President Joe Biden passed a law to ban the app over national security concerns, unless it was sold.

The law was set to go into effect on January 20, 2025 but was pushed back multiple times by President Trump, while his administration worked out a deal to transfer ownership.

President Trump said in September that he had spoken on the phone to China’s President Xi Jinping, who he said had given the deal the go ahead.

The platform’s future remained unclear after the leaders met face to face in October.

The app’s fate was clouded by ongoing tensions between the two nations on trade and other matters.

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