Monthly Archives: January 2016
Ethiopia is the latest country to back the campaign, which aims to accelerate universal energy access in sub-Saharan Africa. They pledged to boost solar energy access in a deal signed with Britain at the African Union Summit in Addis Ababa.
The Governor of the Bank of Botswana, Ms. Linah Mohohlo, and the Deputy Managing Director of the International Monetary Fund, Mr. Min Zhu, hosted today in Gaborone, Botswana, a regional conference entitled “Small Middle-Income Countries in Sub-Saharan Africa—Raising the Bar” . Delegates included senior officials from a number of countries representatives of the private sector, academia, the Executive Board of the IMF and IMF staff. At the end of the conference, the following statement was issued:
The Administration and Human Resources Management Directorate (AHRMD) of the African Union Commission (AUC) launched the African Union Leadership Academy project today, 28th January, 2016 at the AU in Addis Ababa Ethiopia under the theme: Driving the Africa We Want.
IMF Executive Board Approves Extension of the Stand-By Arrangement and Stand-By Credit Facility for Kenya
The Executive Board of the International Monetary Fund (IMF) approved on January 27, 2016—without an Executive Board meeting—an-extension of both Kenya’s Stand-By Arrangement (SBA) and Arrangement under the Standby Credit Facility (SCF) to March 15, 2016. This extension will provide time to the authorities to finalize fiscal measures for 2015/16 and implement structural measures under the program.
Datacloud Europe has announced that it is expanding its service offering by co-locating the inaugural ‘Invest in Data Center Africa‘ event at the Grimaldi Forum, Monaco on 8th June 2016.
Today at the Powering Africa Summit, Power Africa partners launched a roadmap to meet President Obama’s goals of adding 30,000 megawatts and 60 million connections across sub-Saharan Africa by 2030.
Commissioner Acyl articulates the dire need for Africa’s structural transformation in line with the Agenda 2063
The Commissioner for Trade and Industry of the African Union Commission (AUC) had a press briefing today on the margins of the 26th African Union Summit of Heads of State and Government, under the theme: “The African Union’s Trade and Industry Agenda as a catalyst for Africa’s Development”.
As Libya’s yearlong peace talks aimed at establishing a unity government stall again, the lives of millions of people needing urgent health care linger in the balance. WHO and health partners require a total of US$ 50 million in 2016 to meet the urgent life-saving needs of nearly 2 million people.
26th AU Summit: The African Union must adopt an emergency plan for Burundi to avoid the outbreak of an open conflict
In recent months, the international community has sought to take over the deep crisis in Burundi. In October 2015, United Nation Human Rights Council has decided to strengthen its presence on the ground and the African Union to investigate human rights violations in the country. On November 30, 2015, UN Secretary-General Mr. Ban Ki Moon has proposed to the UN Security Council three options to solve the crisis in Burundi: a peacekeeping mission under UN mandate, a special political mission or a support team responsible for promoting a political dialogue between the government and the opposition, advocating for the third option. Consequently, on January 22, 2016 a delegation of the Security Council went to Bujumbura. Since then, Burundian president Pierre Nkurunziza has reaffirmed his refusal to host an African mission of prevention and protection of civilians (MAPROBU) and no assurance of a resumption of an effective and inclusive dialogue with the opposition and the independent civil society could be obtained.
The importance of the role played by NSPs in empowering developing nations to fulfill their potential cannot be underestimated. Connectivity allows learners to access crucial information, which in turn can play a vital role in narrowing the gap between the privileged and the underprivileged. It also helps new and smaller businesses to be more competitive when contending with monopolies. The ability to access information and to be in constant communication to anywhere in the world are taken for granted in many places, but where it is not available, competitiveness suffers.
What do you know about business culture in South Africa? Does it differ from American business culture? When you have decided to do business in South Africa, it is smart to learn something new about the culture of the local people. You will never succeed in business if you do not know about their lifestyle, traditions and everyday life. Frankly speaking, we know little about South Africa, its people and culture; therefore, we ought to learn at least several basic rules, which will help us establish profitable business contacts with South African businesses.
The Egyptian government to engage DFIs and investors to outline 30GW of energy projects this February
Next month (16 -18 February 2016) Egypt’s government, regulators and public sector stakeholders will discuss the role of DFIs and the private sector to fund and build 30GW of electricity generation, transmission and distribution projects that are about to go to tender, and projects which will require additional investments and partnerships to be completed.