The Promota Africa Magazine https://www.thepromota.co.uk The Promota Africa magazine is the premiere magazine for Africans in the Diasporas cultural insight, news and perspective. Our Voices in the Diaspora, Our Vision, Our Culture. Fri, 29 May 2020 13:10:15 +0000 en-US hourly 1 https://wordpress.org/?v=5.4.1 72367036 How Covid-19 could change the way we send money to the UK https://www.thepromota.co.uk/how-covid-19-could-change-the-way-we-send-money-to-the-uk/ https://www.thepromota.co.uk/how-covid-19-could-change-the-way-we-send-money-to-the-uk/#respond Fri, 29 May 2020 13:10:15 +0000 http://www.thepromota.co.uk/?p=38201 BY JOHN SAUNDERS The United Kingdom has been a financial powerhouse of the world for as long as one can remember. Though recent events like the decision by Britain to leave the European Union had some people believe that it would lose its predominant position, never has there been any real danger of that happening. The […]

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Coronavirus: Migrants struggle to send money home https://www.thepromota.co.uk/coronavirus-migrants-struggle-to-send-money-home/ https://www.thepromota.co.uk/coronavirus-migrants-struggle-to-send-money-home/#respond Fri, 29 May 2020 13:04:54 +0000 http://www.thepromota.co.uk/?p=38198 By Frey Lindsay (Business reporter, BBC World Service)   Remittances are a lifeline for tens of millions of families around the world. But as the coronavirus pandemic limits the ability of migrants to work and send their wages back home, that lifeline is drying up. Smitha Girish lives in Kerala in south-west India with her […]

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How Money Transfer Companies Squeezed Four Years Of Digital Growth Into Just Two Months https://www.thepromota.co.uk/how-money-transfer-companies-squeezed-four-years-of-digital-growth-into-just-two-months/ https://www.thepromota.co.uk/how-money-transfer-companies-squeezed-four-years-of-digital-growth-into-just-two-months/#respond Fri, 29 May 2020 13:02:19 +0000 http://www.thepromota.co.uk/?p=38194 by Daniel Webber Imagine that for the last twenty years you sent $200 cash home every two weeks using a local store with people you know by name. Suddenly, you weren’t allowed out of your home but your family was still relying on you to send money to them, what would you do? This situation […]

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Locusts, COVID-19, flooding pose ‘triple threat’ in Africa https://www.thepromota.co.uk/locusts-covid-19-flooding-pose-triple-threat-in-africa/ https://www.thepromota.co.uk/locusts-covid-19-flooding-pose-triple-threat-in-africa/#respond Fri, 29 May 2020 12:42:23 +0000 http://www.thepromota.co.uk/?p=38190 by RODNEY MUHUMUZA Associated Press KAMPALA, Uganda (AP) — Locusts, COVID-19 and deadly flooding pose a “triple threat” to millions of people across East Africa, officials warned Thursday, while the World Bank announced a $500 million program for countries affected by the historic desert locust swarms. A new and larger generation of the voracious insects, […]

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COVID-19: Revenue of Ghanaian agribusiness firms falls by 61.2% https://www.thepromota.co.uk/covid-19-revenue-of-ghanaian-agribusiness-firms-falls-by-61-2/ https://www.thepromota.co.uk/covid-19-revenue-of-ghanaian-agribusiness-firms-falls-by-61-2/#respond Fri, 29 May 2020 12:39:12 +0000 http://www.thepromota.co.uk/?p=38188 MAGDALENE TEIKO LARNYOH A survey conducted by the Chamber of Agribusiness Ghana has shown that the average monthly revenue of Ghanaian agribusiness firms reduced by 61.2% during the COVID-19 restriction period. The chamber’s survey was on the effects of COVID-19 on agri-business in Ghana. The survey showed that small-scale agribusiness firms recorded the highest revenue […]

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