Daily Archives: May 29, 2018

MoneyGram Launches Money Transfer Service to All Bank Accounts in Ghana

Gives consumers a new option to receive funds in Africa’s fifth largest remittance recipient market

ACCRA, Ghana, May 29, 2018 /PRNewswire/ — MoneyGram (NASDAQ:MGI) announced today the launch of money transfer service directly to any bank account in Ghana. Funds can be sent via MoneyGram online or at any one of MoneyGram’s thousands of locations around the world. The money can be accessed in minutes either in person, online or through an ATM.

MoneyGram Logo

The new account deposit service in Ghana is a part of MoneyGram’s overall strategy to accelerate its digital growth and provide customers with convenient and accessible, technology-based financial services.

“We see a potential in the increasing adoption of banking services in Ghana and want to drive financial inclusion in the region by offering our consumers more digital money transfer options. Currently our global account deposit network consists of more than two billion bank, virtual and mobile accounts in 48 countries,” said Grant Lines, MoneyGram’s global chief revenue officer.

According to the World Bank, in 2017, $2.2 billion flowed into Ghana, up 4.3% compared to 2016 what makes the country fifth largest remittances recipient in Africa. The inflows come mainly from the United States ($585 million), Nigeria ($395 million), the United Kingdom ($286 million), Italy ($145 million) and Germany ($115 million).

For more information about the service, please visit http://moneygram.com.gh/accountdeposit

#moneygramnews

About MoneyGram International
MoneyGram is a global provider of innovative money transfer and payment services and is recognized worldwide as a financial connection to friends and family. Whether online, or through a mobile device, at a kiosk or in a local store, we connect consumers any way that is convenient for them. We also provide bill payment services, issue money orders and process official checks in select markets. More information about MoneyGram International, Inc. is available at moneygram.com.

Media Contact:
Maria Bankiet-Kamińska
MoneyGram
Tel: + 48 (0) 22 377 2185
Mob: + 48 (0) 885 889 696
Mail: MbankietKaminska@moneygram.com

Logo – https://mma.prnewswire.com/media/600838/MoneyGram_International_Logo.jpg

KT poursuit son développement en Afrique suite au succès de son projet LTE au Rwanda

– LTE présente le projet LTE d’envergure nationale mis en place au Rwanda lors de la conférence KOAFEC 2018 –
– KT s’engage dans le développement la croissance économique basée sur les TIC en Afrique –

SÉOUL, Corée du Sud, 29 mai 2018 /PRNewswire/ – KT Corp. (KRX : 030200 ; NYSE : KT), la plus grande société de télécommunications de Corée, a annoncé aujourd’hui qu’elle étendra sa coopération avec les pays africains dans le domaine des technologies de l’information et de la communication en s’appuyant sur le réseau LTE d’envergure nationale qu’elle a mis en place avec succès au Rwanda, ce qui constitue une première en Afrique.

KT, anciennement connu sous le nom de Korea Telecom, a dévoilé ses plans pour soutenir les TIC dans les pays africains lors de la conférence sur la coopération économique entre la Corée et l’Afrique (KOAFEC) 2018 et la 53e assemblée annuelle de la Banque africaine de développement qui se tiendra du 21 au 25 mai au BEXCO à Busan, en Corée. Des projets commerciaux et des modèles de réussite en Afrique ont été présentés au forum de partenariat public-privé (PPP) de la conférence KOAFEC.

En tant que conférencier au forum PPP, Kim Hyung-Joon, responsable de la branche mondiale de KT, a présenté le projet de réseau 4G LTE qui a été mis en place à l’échelle nationale dans le Rwanda et a été achevé ce mois-ci en coopération avec le gouvernement rwandais, et il a souligné l’importance des infrastructures TIC pour le développement économique de l’Afrique.

« Nous allons coopérer avec les pays africains pour développer la croissance économique basée sur les TIC, car ce projet au Rwanda a enrichi notre expérience et nous a permis d’acquérir une meilleure compréhension des choses », a déclaré Kim. « Lors de la conférence, la délégation de KT a discuté avec les représentants de grands pays africains d’un large éventail de sujets concernant la coopération entre les secteurs public et privé dans leur pays. »

La conférence KOAFEC, organisée conjointement par le Ministère sud-coréen de la Stratégie et des Finances, la Banque coréenne d’import-export et la Banque africaine de développement, est le plus grand événement de coopération économique de Corée impliquant l’Afrique. La table ronde ministérielle et le forum PPP sont les points forts de la conférence.

La Banque africaine de développement est une organisation multilatérale régionale créée en 1964 pour promouvoir le développement économique durable et le progrès social sur le continent africain. La Corée du Sud a renforcé sa coopération et ses échanges avec les pays membres depuis son adhésion à l’organisation en 1982.

Pour des photos et plus d’informations, rendez-vous sur notre site Web en anglais : https://corp.kt.com/eng/

CONTACT AVEC LES MÉDIAS

Pour toute question, veuillez contacter notre équipe de relations avec les médias étrangers à kt.fmrt@gmail.com.
– SIM Sung-Tae, directeur d’équipe, +82(10)4489-0113, st.sim@kt.com
– LEE Ji-Young, directrice principale, +82(10)4551-7035, chloe.jiyoung.lee@kt.com
– KANG Da-Som, directrice, +82(10)9777-2984, dasom.kang@kt.com

UK’s Inchcape Pays $20 Million to Settle Claim It Overbilled US Navy

A British-based maritime services company has agreed to pay $20 million to resolve allegations it overbilled the U.S. Navy for goods and services provided to American warships at ports around the world, the U.S. Justice Department said Tuesday.

Privately held Inchcape Shipping Services Holdings Ltd and some of its subsidiaries provided U.S. Navy ships with waste removal, telephone access, ship-to-shore transportation, local security and other services at ports in the Middle East, Africa and Latin America, the Justice Department said in a statement.

A lawsuit charged that between 2005 and 2014 Inchcape knowingly submitted invoices to the Navy overstating the goods and services actually provided, the Justice Department said in announcing the settlement.

“We trust contractors supporting our warfighters to act with the utmost integrity and expect them to comply with their obligations to bill the government as called for by their contracts,” the U.S. attorney for the District of Columbia, Jessie Liu, said in the statement.

Inchcape did not immediately respond to a request for comment. Its previous chief executive resigned in 2015, and it has since hired new management not implicated in the overbilling, according to attorneys involved in the case.

The lawsuit was brought under whistleblower provisions of the False Claims Act by three former senior employees of Inchcape, said Janet Goldstein, one of their attorneys. The former Inchcape employees included a retired Navy Reserve intelligence officer and a former FBI special agent.

The lawsuit said the whistleblowers resigned from Inchcape after discovering the alleged overbilling and bringing it to the attention of the company’s chief executive, only to be rebuffed in their effort to stop the practice. They contacted the FBI in 2009 and worked to provide evidence of the fraud, their attorneys said.

Under provisions of the False Claims Act that allow private citizens to share in funds recovered, the three whistleblowers will receive about $4.4 million, the Justice Department said.

The Navy suspended Inchcape from contracting with the U.S. government in 2013. The action affected contracts worth $243 million, a Navy official said at the time.

The action against Inchcape coincided with a Navy scandal over its dealings with another maritime services firm � Glenn Defense Marine Asia, run by Leonard Glenn Francis, a Malaysian businessman who pleaded guilty in 2015 to bribery and defrauding the Navy.

More than 30 other people have been convicted or are facing charges in that case. Six admirals have been disciplined or admonished by the Navy.

Source: Voice of America

Ebola Vaccination Campaign Launches in DR Congo

Health officials in the Democratic Republic of Congo began a vaccination drive to control an Ebola outbreak that has infected more than 50 people and killed as many as 25. But as aid workers and health experts say this vaccination drive is a careful, methodical process in which trust is a key element.

Health officials in the rural corner of northwest Congo that has been hit with Ebola say workers are seeking out those at the highest risk to vaccinate, a move that tries to cut off the virus at the pass while also making good use of the limited supply of the vaccine.

At the moment, officials have only 7,500 doses of the experimental vaccine.

World Health Organization spokesman Tarik Jasarevic explained the campaign, which began this week in the rural communities of Bikoro and Iboko.

“This is not a general mass immunization, as is being done for some other diseases,” he explained. “We are looking into people who have been in contact with those who tested positive for Ebola, and their contacts. So we make a ring around the person who contracted the virus.”

That is careful work and involves much more than medicine, said UNICEF field worker Jean Claude Nzengu.

He said workers go to the households to talk about the vaccination that stops transmission, the advantage of the vaccination, what the residents need to do, how to behave, and finally take them to be vaccinated.

Congolese health authorities first reported the Ebola outbreak in early May. This is not Congo’s first encounter with the often-deadly virus, which causes an acute, serious illness. The WHO puts the survival rate around 50 percent.

Trust

But as health officials learned when Ebola rampaged through West Africa, killing more than 11,000 people between 2014 and 2016, earning public trust is a major element of the fight.

Last week, three infected patients escaped from isolation units in the city of Mbandaka. Two were found dead a day later and the other was found alive and returned to quarantine.

Jasarevic said it takes cooperation from the entire community for an Ebola outbreak to be defeated.

“It is only human that people who have their relatives in isolation units want them to be at home, want them to be with their family at home in what could be the last moments of their lives,” he said. “But we need really to explain to everyone how disease is being transmitted. If a person who is sick is in an isolation unit, it not only increases the chance of survival for this patient, but it will also prevent the spread of the virus to the family.”

The vaccination drive began last week, with health care workers receiving the first doses.

The experimental vaccine, made by U.S.-based Merck pharmaceuticals, has been shown in trials to be safe for humans.

Source: Voice of America

Japan Navy Spots Suspected China Ship Next to N. Korea Tanker

Japan’s Foreign Ministry said Tuesday that a Japanese navy surveillance aircraft has spotted a suspected Chinese-flagged ship apparently transferring fuel to a North Korean tanker on the open seas.

A ministry statement said that the two vessels were suspected of engaging in offshore ship-to-ship transfers banned under U.N. Security Council resolutions.

It said Japan has informed the U.N. Security Council of the May 19 sighting of the North Korean-flagged tanker, Ji Song 6, moored alongside the ship carrying a flag believed to be Chinese in open seas in the East China Sea.

Four photos taken by the Maritime Self-Defense Force were released, including two showing the ships alongside each other, connected by a hose.

The U.N. has blacklisted the North Korean tanker.

The disclosure of the alleged offshore transfer comes as preparations for an expected summit between President Donald Trump and North Korean leader Kim Jong Un appeared to be in their final stages.

U.N. sanctions on the North limit energy trade and ban offshore transfers of goods to North Korean ships as part of international efforts to pressure Pyongyang into giving up its nuclear weapons.

Japan and the U.S. have said the sanctions must be enforced strictly to be effective, and asked China in particular to tighten enforcement.

Source: Voice of America