Africa’s top 20 Best Places to Work revealed

LONDON, Jan. 10, 2022 /PRNewswire/ — The Best Places to Work organization announced today the top 20 Best Places to Work in Africa for 2022. The program recently compiled its annual list based on the assessment of over 500 organizations operating across the continent. Findings from this year indicated that the top performing organizations in Africa continued to invest in creating a highly-engaged workforce, with an average engagement score of 81%, compared with a market average of 69%. Additionally, 92% of top ranked organizations invested in having the right HR technology to improve productivity that could drive future success.

Topping this year’s ranking was Lundbeck, a global pharmaceutical company engaged in the research, development, manufacturing, marketing and sale of pharmaceuticals followed by Teleperformance, a leading global service provider in Customer Interaction and Process Management. Zoetis, a global animal health company secured the third position. To be considered, companies must be identified as outstanding employers at least in one of the countries across the continent.

The ranking was determined based on feedback from employees gathered through anonymous surveys and an HR assessment evaluating the people management practices against the best workplace standards.

The top 20 list includes:

  1. Lundbeck
  2. Teleperformance
  3. Zoetis
  4. Groupe Vipp
  5. Comdata Group
  6. Novo Nordisk
  7. BSH
  8. Chaabi LLD
  9. Ekuity Capital
  10. STKE
  11. SG ATS
  12. iNova Pharmaceuticals
  13. Somezzo
  14. Schindler
  15. Coface
  16. Meridiam
  17. Roche
  18. Paps
  19. Ipsen Pharma
  20. IHS Towers

“This year’s Best employers in Africa demonstrated open communication and top team alignment, with clear differentiators of having a continuous approach across employee experience initiatives,” commented Hamza Idrissi, Program Manager for the Best Places to Work in Africa.

ABOUT BEST PLACES TO WORK PROGRAM

Best Places to Work is the most definitive ‘Employer of Choice’ certification that organizations aspire to achieve. Every year, the program certifies and recognizes leading workplaces in many countries around the world with a rigorous assessment methodology and a framework which reflects the very latest in workplace trends focusing on 8 Workplace factors including leadership, HR & people policies, compensation, benefits, teamwork & relationships, employee engagement, workplace & procedures and corporate social responsibility. 

For more information, please visit www.bestplacestoworkfor.org

Cuentas Signs Binding Letter of Intent to Purchase SDI Black 011 LLC and Mango Tel LLC for $3.2M

Acquisition Will Expand Cuentas’ Retail and Mobile Reach and Drive Growth in Key Target Markets

MIAMI, FL / ACCESSWIRE / January 10, 2022 / Cuentas, Inc. (NASDAQ:CUEN)(NASDAQ:CUENW) (“Cuentas”), a leading fintech provider of mobile banking and payment solutions, has signed a binding letter of intent to acquire the operations and distribution network of prepaid wireless and digital provider SDI Black 011 (SDI), as well as Mango Mobile and Black Wireless. The deal is expected to close by or before May of this year.pic2152

Cuentas previously invested in the expansion of the SDI network, and will leverage these assets to accelerate reach of the Cuentas prepaid debit card and digital wallet via retail, mobile and other channels. SDI generated more than $9 million in retail revenue in 2021.

“This acquisition will drive more recurring revenue and create new operational efficiencies for Cuentas.” said Jeff Johnson, CEO of Cuentas. “We expect SDI’s profitable assets to contribute to economies of scale across our business, and enable more solutions within the Cuentas mobile app, driving higher profits and accelerating market growth in our core fintech business.”

The SDI B2B portal serves over 30,000 US bodegas, wireless retailers and convenience stores, and will enable retailers to sell from a portfolio of hundreds of virtual products without carrying inventory, generating incremental profits in real-time.

Black011 and its brands already have hundreds of thousands of subscribers who purchase services via the SDI website and digital portal, both of which connect via API to the largest wireless companies in the world. This technology allows SDI to be one of the largest distribution channels for wireless services in the New York City metro tri-state area and nationwide.

Through this acquisition, both retailers and Black011 subscribers will benefit from access to Cuentas solutions including the Cuentas Prepaid Debit card, OMNY Transit, Amazon cash, prepaid gift cards, rebates, new offers and more.

About Cuentas

Cuentas, Inc. (Nasdaq: CUEN & CUENW) is a fintech e-banking and e-commerce service provider with proprietary technology that delivers digital financial services to the underbanked and un-banked Hispanic, Latino and immigrant population including mobile and online banking, prepaid debit, ACH and mobile deposits, cash remittance, peer to peer money transferring, and other services. The Cuentas General Purpose Reloadable (GPR) Card includes a digital wallet, discounts for purchases at major

physical and online retailers, rewards, and the ability to purchase digital content. For more information, visit https://cuentas.com

Forward-Looking Statements

This news release contains “forward-looking statements,” as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Except for the historical information presented herein, matters discussed in this news release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Statements that are not historical facts, including statements that are preceded by, followed by, or that include such words as “believe,” “plan,” or “expect” or similar statements are forward-looking statements.

Investor Relations

Cuentas, Inc.
800-611-3622
info@cuentas.com

SOURCE: Cuentas, Inc.

 

Could Burkina Faso’s Husband Schools Be Key to Successful Marriages?

In male-dominated societies like Burkina Faso, wives are most often blamed when marriages run into trouble. But a project funded by the World Bank is testing the concept of teaching men how to be better husbands by taking them to school.

Yeli Ouigo, who is married to Kwama Zoupoka, attended so-called “husband schools” to help him become a better spouse. The program was organized by the Sahel Women’s Empowerment and Demographic Dividend (SWEDD).

“Before taking part in the classes, life as a couple wasn’t easy,” Ouigo said.

He said that there was a time when he didn’t think that women and men had much in common when it came to problems with family life. But, after the classes, he understood they can complement and help each other.

Burkina Faso is a male-dominated society, but the schools use a variety of teaching techniques, including role plays, to help the men understand the needs of their wives and how to meet them — for example, helping with housework.

They also teach the men about women’s rights, family planning, health and hygiene. In addition, men are encouraged to include women in making family decisions.

The coordinator of the project, Nabalou Bibata of the Association for the Promotion of Women and Children, said the classes have made a big difference to women in the community. Some men have even attended the childbirth of their wives, she added, which is part of assuming responsibility for the care of the children by the fathers.

And for the men of the village who weren’t able to participate in the husband schools, Bibata said, the men who did attend have become role models.

Although these are the first schools of their kind in Burkina Faso, similar projects have been implemented in countries like South Africa and Niger.

Edward Wageni, global head for the U.N. Women HeForShe Initiative, said the husband schools can help reduce incidents of domestic violence.

“The acknowledgement that gender equality is not just about women and girls, gender equality is about everybody,” he said.

Wageni said the husband schools also could be beneficial in countries outside Africa, where statistically gender equality is better than Burkina Faso.

“So, this is a good idea that can be replicated and even scaled up in other parts of the world, including those countries that feel they have made a lot of gains,” he said.

Zoupoka, meanwhile, said the classes have made her husband much more helpful and considerate.

And the love between her and her husband is growing, she said, adding that her husband now even brings her little gifts from the market.

The national coordinator of the husband schools called the project a resounding success, and said it will be expanded to other parts of the country. The second phase of the project is due to start later this year.

Source: Voice of America

Aid Agencies Cease Operations in Tigray Area Hit by Deadly Strike

Aid agencies have ceased operations in a northwest area of Ethiopia’s Tigray region, near the border with Eritrea, after an air strike there late Friday killed scores of civilians displaced by the conflict.

The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) said Sunday that aid groups have suspended their operations in northwest Tigray.

“Humanitarian partners suspended activities in the area due the ongoing threats of drone strikes,” said the statement to media.

Reuters news agency quoted aid workers saying an air strike late Friday on a camp near the Eritrean border killed 56 people and wounded 30 others.

The U.N. humanitarian office told the AFP news agency that the attack in the town of Dedebit had caused “scores of civilian causalities.”

The Tigray People’s Liberation Front, the party that has ruled Tigray for decades, condemned the attack.

In statement Saturday, the TPLF accused the Ethiopian government of targeting civilians.

It also accused Eritrean forces of attacking Tigrayan fighters in northwest Tigray on the same day the IDP camp was hit.

Ethiopia’s federal authorities did not immediately comment on the accusations or the U.N. announcement on the aid groups’ withdrawal.

But, since the outbreak of the war with Tigrayan rebels in November 2020, authorities have denied targeting civilians.

The U.N. has been warning of a worsening humanitarian situation in Tigray.

The U.N. humanitarian office said last week that humanitarian agencies operating in Tigray have only one-sixth the amount of fuel needed to distribute limited food aid.

It said they continue to face security, bureaucratic and operational challenges, with aid partners forced to reduce or suspend operations, leaving millions of people without access to lifesaving assistance.

Source: Voice of America

Mali Closes Borders After ECOWAS Sanctions for Delayed Polls

Mali’s military government on Monday responded to West African sanctions by closing its borders and withdrawing ambassadors from nations imposing the penalties. Regional bloc ECOWAS imposed the new sanctions Sunday, after Mali’s military leaders postponed promised February elections.

In a communique following a summit in Ghana Sunday, leaders of the 15 ECOWAS countries effectively severed economic and diplomatic ties with Mali.

The countries said they are withdrawing all ambassadors and closing land and air transit points with landlocked Mali because they said the military’s proposed five-year transition plan is unacceptable.

International relations and security expert Adam Bonaa has lauded ECOWAS for taking strong action to enforce its charter.

“The military, I keep saying, have no business in governance. If you want to govern, resign from being a military leader, put yourself up to be elected, campaign, spend resources and tell the people what you want to do. If they vote you into power, so be it, and if they don’t want you, keep trying. Let’s not allow this type of impunity to fester on or come back again,” he said.

Bonaa also called on France to respect the authority of ECOWAS and stay away from possibly interfering in Malian affairs.

“France has not taken its hands off Francophone West Africa. And for me this is something we should be looking out for, hoping that France would not interfere and make it look like ECOWAS cannot do anything. If they stay away from this, I don’t see how long the military leaders in Mali will survive from these particular sanctions,” Bonaa said.

In an address on Malian state television, Colonel Abdoulaye Maiga, a spokesman for the military authorities condemned the ECOWAS sanctions as “illegal and illegitimate.” He said the military government will also retaliate by recalling ambassadors accredited to ECOWAS member states.

“ECOWAS has ulterior motives. The junta deplores the inhumane nature of these measures which affect populations already severely affected by the security crisis and the health crisis. The government wishes to reassure the nation that arrangements have been made to ensure the normal supply of goods and services,” Maiga said.

Innocent Badasu, an expert on regional issues, believes ECOWAS’ approach is not the best. Instead, he said, the bloc should aim at winning the goodwill of the people of Mali and the trust of the coup leaders in order to restore constitutional rule.

“There must be an honest dialogue to win the trust of the Malian military leaders. Trust that will allow them to begin to think that their personal security is not at risk and that they can successfully hand over to a civilian rule and still have a life that they don’t need to be worried about,” Badasu said.

For the moment, Mali’s ECOWAS membership is suspended and members of the transitional authority and their relatives are subject to asset freezes and travel bans.

Source: Voice of America