You should know

Nigeria’s Central Bank (CBN) has said it is stopping the sale of dollars from any official source to the nearly 3,000 Bureau De Change (BDC) operators (pdf) in the country. The CBN also lifted restrictions on depositing foreign currencies, allowing Nigeria’s commercial banks to accept cash deposits of foreign exchange from their customers. The CBN says the new measures will help conserve foreign reserves which had declined “drastically” following the recent crash in crude oil prices (All Africa / CBN.gov.ng).

The US is giving South Africa a March 15 deadline to allow American poultry into the country or risk losing duty-free access for its farm exports under the African Growth and Opportunity Act (AGOA). US Ambassador Michael Froman said his country needs to ensure South Africans are able to purchase US poultry products before confirming South Africa could receive full AGOA benefits (VOA News).

ICYMI the 2 Yemeni men transferred to Ghana after their release from Guantanamo Bay, say they hope to live peacefully and rebuild their lives there. While some groups in Ghana have criticized their government for accepting the men, the two former detainees went on local radio to try and win some support for their arrival, saying they are “big fans” of Ghana’s Black Stars (Reuters Africa).

Generation Next

Motherboard’s (@motherboard) Chris Matthews traveled to Koforidua to learn why Ghana started a space program and how All Nations University College and other academic institutions are helping, “spearhead Ghana’s fledgling space science industry” (Motherboard / VICE).

PoliSci

Richard Joseph looks at the ‘dilemmas of democracy and state power in Africa’ and the “new mosaic” of political systems (Brookings Institute).

Ayo Sogunro (@ayosogunro) says, “sorry, but Buhari is not fighting corruption” and argues there’s a 3rd way corruption manifests in Nigeria, “the corruption of mind” (AyoSogunro.com).

Biz Dev

Osarumen Osamuyi (@SkweiRd) shares a report that Uber will soon begin testing cash payments for some users in Lagos. Riders will be be shown an in-app option to pay cash as part of a new pilot program that would make Nigeria one of only 7 countries where Uber allows cash payments, avoiding the foreign exchange problems faced by Nigerians using local bank cards (TechCabal).

Identity & Culture

Ofeibea Quist-Arcton found the one man in Ghana ‘luring his compatriots back’ to live theatre and away from TV and videos, James Ebo Whyte — “but everyone in Ghana calls me ‘Uncle’ Ebo Whyte” (NPR).


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