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Forbes List Of Top 21 Richest Men In Africa 2019

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Aliko Dangote

Forbes has released their 21-man richest men in Africa list, for the year 2019.

This list was released today, 9th of January, 2019.

The list has revealed that there were fewer and poorer billionaires on the African continent in 2019.

Nigeria’s Aliko Dangote retained his place as the richest man in Africa on the newly released Forbes’ list of African billionaires.

He, however, lost almost $2bn compared to his last year’s worth. Dangote’s estimated $10.3 billion net worth is nearly $2 billion less than a year ago.

Another Nigerian, Folorunsho Alakija was one of the billionaires, who suffered a drop in their net worth between last year and this year, as she held No 19 on the 20-man list. Forbes report that, Alakija’s net worth dropped due to a decline in the value of one of Nigeria’s most productive oil fields. It is claimed that the decline can be partly blamed on the fact that the oil field’s production had levelled off.

The rating magazine reports that Alakija’s net worth dropped due to a decline in the value of one of Nigeria’s most productive oil fields.

Mike Adenuga, the owner of Globacom, emerged Africa’s 5th richest man. Others are Nigeria’s cement mogul Abdulsamad Rabiu, who runs and owns the BUA Group, standing at number 16 on the list for the first time since 2015.

Here are the richest Africa’s Billionaires 2019

1. Aliko Dangote – $12.2 billion net worth
2. Nicky Oppenheimer – $7.7 billion net worth
3. Johann Rupert – $7.2 billion net worth
4. Nassef Sawiris – $6.8 billion net worth
5. Mike Adenuga – $5.3 billion net worth
6. Naguib Sawaris – $4 billion net worth
7. Issad Regrab – $4 billion net worth
8. Koos Becker – $2.8 billion net worth
9. Mohamed Mansour – $2.7 billion net worth
10. Patrice Motsepe – $2.4 billion net worth
11. Aziz Akhannouch – $2.2 billion net worth
12. Yasseen Mansour – $1.9 billion net worth
13. Strive Masiyiwa – $1.7 billion net worth
14. Othman Benjelloun – $1.6 billion net worth
15. Mohammed Dewji – $1.5 billion net worth
16. Youssef Mansour – $1.4 billion net worth
17. Stephen Saad – $1.2 billion net worth
18. Michiel Le Roux – $1.2 billion net worth
19. Onsi Sawiris – $1.2 billion net worth
20. Desmond Sacco – $1.1 billion net worth
21. Christoeffel Wiese – $1.1 billion net worth

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Remove ‘Killer One-Door Buses’ From Our Roads : MP

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Following the gory accident which claimed about 60 lives on the Techiman-Kintampo highway, a Member of Parliament (MP) for the Odododiodoo constituency, Hon Edwin Nii Lantey Vanderpuye has said all one-door buses must be removed from our roads to prevent future accidents.

According to Mr Vanderpuye, it makes no sense for a bus carrying about 30 passengers to have only one door.

“There must be a law to regulate the buses on our roads. Even if we have to enforce it at the Parliament house, it must be done. How can you be carrying so many passengers in a bus with one door? How would they get out in times of emergency?”, he said on Peace FM Friday.

More than 60 persons are reported dead in a fatal crash Friday dawn at Amoma Nkwanta near Kintampo in the Kintampo North Municipality of the Bono East Region, along the main Kintampo-Tamale Highway.

Brong Ahafo Regional Commander for the Motor Traffic and Transport Department [MTTD] of the Ghana police service, Superintendent Stella Sedame confirmed that a VVIP Kia bus with registration number GT 3915- 17 from Garu in the Upper East Region heading towards Kumasi collided with a Grandbird bus with registration number GT 5694-18 from Accra which was heading towards Bolgantaga also in the Upper East Region.

Sup Sedame disclosed that many of the passengers on board the bus which was en route from Garu and bound for Kumasi have been burnt beyond recognition when the vehicle went up in flames soon after the crash.

According to her, the other bus, branded VVIP and painted red, veered into a ditch after the collision, killing dozens on board.

She could not immediately establish the exact number of dead passengers, but we are afraid the toll will rise.

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Canadian Government Pledges $15M in Federal Music Funding

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The Canadian government will allocate 20 million Canadian dollars ($14.96 million at current rates) to the Canadian Music Fund (CMF) over two years, it announced Tuesday with its 2019 federal budget.

“With the growing importance of digital media today, Canadian artists—especially musicians and music entrepreneurs (e.g., producers, agents)—now face the challenge of marketing their content internationally and across all platforms, while also putting a greater emphasis on touring and live performances,” the budget report reads.

The CA$20 million increase is intended “to address some of the challenges faced by Canadian musicians in the digital era” so that “the Fund can enhance its support for the production, promotion and distribution of Canadian music.”

The passage adds: “For musical artists, these investments will create greater opportunities to innovate and experiment on a wider range of digital and non-digital platforms. This, combined with enhanced support for promotion—including more touring and more modern marketing approaches—will ensure that Canadian music reaches more audiences at home and abroad.”

Representatives of national music associations were swift in their praise — a contrast to last year, when the federal budget failed to mention any support for the Canada Music Fund. In 2016, the government committed CA$4.2 million ($3.14 million) to the music sector over two years. Now, with this new allotment, according to the Canadian Independent Music Association (CIMA), adds to the momentum of that 2016 investment, supporting a program that has been “underfunded and over-subscribed for the past decade.”

“We are incredibly grateful to the Federal government and specifically our dedicated advocate, Heritage Minister Pablo Rodriguez, for showing their support of our industry,” said CIMA president Stuart Johnston in a statement. “We are keen to continue to work closely with government to ensure that these dollars are invested in the most impactful way, such as providing additional support for sound recording, international export opportunities, promotion, marketing, touring and showcasing, and the domestic development of our great artists.”

The Canadian Live Music Association (CLMA) called the announcement “good news” in its press release, noting other increases to the arts in the budget, such as CA$16 million ($11.97 million) over two years to the Canada Arts Presentation Fund (CAPF) and $CA24 million ($17.96 million) over two years to the Building Communities Through Arts and Heritage Program and the Celebration and Commemoration Program.

The CAPF program, according to the CLMA, “may positively impact” many of the association’s not-for-profit members. “Thanks to the program, our members ensure ‘homegrown talent’ can be discovered, in our own backyards. Export strategies rely on that career growth that comes from domestic touring and local audience development. The touring landscape in Canada is, among many things, an important breeding ground for the creation (and ultimately, global dissemination) of Canadian content,” said CLMA president and CEO Erin Benjamin.

With these new funding commitments, the total support to the Canadian music industry by the Government of Canada is CA$40.7 million ($30.44 million).

“Music Canada welcomes the Government of Canada’s increased funding to the Canada Music Fund and Canada Arts Presentation Fund as part of today’s budget announcement, but there remains much work to be done to address the Value Gap hurting the music sector,” said Graham Henderson, president and CEO of Music Canada, in a statement. “For labels and artists to be competitive and financially successful, they need a sustainable business framework.”

He continued, “Recently the United States and the European Union have taken steps to address the Value Gap. Canada has an opportunity to join the community of nations in protecting and fostering the careers of creators. During the Copyright Act review, the creative community was virtually unanimous in urging the government to repeal decades-old subsidies through which individual creators enrich billion dollar technology and broadcasting platforms. We sincerely look forward to working with the government to seize this opportunity while concluding the review of the Copyright Act.”

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More Than 70 Passengers Dead In Tamale-Kintampo Accident This Dawn

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More than 70 passengers on board two buses that collided head-on in the early hours of Friday, March 22, 2019, on the Tamale-Kintampo Highway have died instantly, we can confirm.

The accident occurred at Amoma Nkwanta, a village near Kintampo in the Kintampo North Municipality of the Bono East Region, along the main Kintampo-Tamale Highway.

It is has been confirmed that a VVIP Kia bus with registration number GT 3915- 17 from Garu in the Upper East Region heading towards Kumasi collided with a Grandbird bus with registration number GT 5694-18 from Accra which was heading towards Bolgantaga also in the Upper East Region.

It is unclear what might have caused the collision but it is speculated that one of the drivers might have been dozing off and run into the lane of the other from the opposite direction.

All passengers, including that onboard one of the buses which was en route from Garu and bound for Kumasi, have been burnt beyond recognition when the vehicle went up in flames soon after the crash

The other bus branded VVIP and painted red, veered into a ditch after the collision, killing dozens on board.

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