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The African Economic Research Consortium (AERC) Masters Fellowships 2021/2022 for Africans

The African Economic Research Consortium (AERC) was established in 1988 as a public not-for-profit organization devoted to the advancement of economic policy research and training in Africa. The Consortium’s mandate and strategic intent is built on the basis that sustained development in subSaharan Africa requires well-trained, locally based professional economists. AERC agitates the provision of capacity building in economic policy in Francophone and Anglophone African countries through provision of support in the areas of policy research and graduate training.

AERC wishes to announce the 2021/2022 Masters scholarships for applicants from Anglophone subSaharan African countries admitted into any of the following AERC Collaborative Masters Programme (CMAP) in Economics universities:
• Addis Ababa University, Ethiopia
• University of Botswana
• University of Dar es Salaam, Tanzania
• University of Cape Coast, Ghana
• University of Ghana, Legon
• University of Nairobi, Kenya
• University of Mauritius
• University of Namibia
• University of Malawi
• University of Zimbabwe
• Makerere University

Requirements

To qualify for scholarship, applicant must:
(a) Have applied and been admitted to any one of the listed CMAP universities;
(b) Have attained at least a Second Class Honours (Upper Division) or equivalent in Economics or related field from an accredited university; and
(c) Female and applicants from post-conflict and fragile states (especially the AERC Masters Bridge Programme alumni class of 2017 and 2018) are highly encouraged to apply.

– Interested applicants must submit their applications for admission directly to the respective universities (application procedure can be obtained from the respective university’s website).
– Upon receipt of an admission letter from a specific university, applicants shall send the following documents to AERC on jfe@aercafrica.org and copy training@aercafrica.org.

  1. Application cover letter;
  2. Curriculum Vitae;
  3. Evidence of admission at any of the universities listed above; and
  4. Certified copies of transcripts and certificates.
    The deadline for applying for the scholarship is July 16, 2021.

Application Deadline: July 16, 2021.

For More Information:

Visit the Official Webpage

Fraudsters scammed Nigerian banks of over N5billion in 2020 -NDIC

At the programme with theme: “Effective Investigation and Prosecution of Banking Malpractices that led to the Failure of Banks in Nigeria”, she stated that the value of the fraud cases rose to N204.65 billion in 2019, compared to N38.93 billion in 2018 and N12.01 billion in 2017.

According to Abiola-Edewor, who was represented by Joshua James Etopidiok, and referenced a report by the Nigeria Inter-Bank Settlement System Plc (NIBSS), the fraud incidences could be attributed to the increase in the sophistication of fraud related techniques, such as hacking, cybercrime as well as increase in information technology related products and usage, fraudulent withdrawals and unauthorized credit.

“The channels and instruments through which the reported frauds and forgeries were perpetrated indicated that ATM/Card- related fraud had the highest frequency, accounting for 49.78 percent of fraud cases followed by web based internet banking frauds with 21.02 percent. However, the value of losses was higher in web-based internet banking frauds against ATM card-related fraud”, she said.

Also speaking at the event, Mr B. A. Taribo, Director, Legal Department, NDIC, said the objective of the workshop is to develop capacity amongst law enforcement agencies in the investigation and prosecution of banking malpractices, with special emphasis on failed banks.

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