Category Archives: World News
Almost half of all deaths globally are now recorded with a cause, new data from the World Health Organization show, highlighting improvements countries have made on collecting vital statistics and monitoring progress towards the Sustainable Development Goals (SDGs).
Growing news across oil exporting countries have been unpleasant. This Monday, Russia and Saudi Arabia announced that they request a nine month OPEC output cut extension. Following that Kuwait and Oman has joined Russia and Saudi Arabia – the two largest producers among the 24 producers who earlier agreed to cut output in 2018 for an extension.
On numerous occasions I’ve been asked what makes a strong brand. An immediate response is the company’s founders. Without a visionary founding, an organisation is soulless. The essence of the organisation is thus built around the vision and mission of its founders when the organisation is established. It is also important for me to mention that the vision, mission and values must continue to be tested as time moves along. A business’ surrounding environment changes; now even more so than in the past. These changes challenge the organisation to adopt and adapt and at times evolve their mission to align with what the market wants. Before this happens a critical evaluation needs to be carried out by the firm’s stakeholders as to whether a change in strategic direction is warranted. This often takes place where the gap between what an organisation stands for and what the market wants is so wide that without change, the organisation risks gradually losing its client base. Remaining relevant is, thus, one of the factors that an organisation’s leadership must continue to focus on as they grow and progress their brand.
The 6th World Hydropower Congress (WHC) will be held on 9-11 May in Ethiopia to discuss the role of Hydropower in ensuring universal access to affordable, reliable and modern energy services as called for in goal 7 of the SDGs. Currently, hydro is supplying 70% of the world’s renewable energy to more than a billion people in 152 countries. International Hydropower Association (IHA), Economic Commission for Africa (ECA), the African Union Commission (AUC) and other partners will organize this conference in Ethiopia as the country exhibit high interest and commitment to hydropower. The conference will emphasize on the environmental and social aspects of hydroelectric project planning stages. Richard Taylor, Chief Executive of IHA said “Hydropower’s role is a dynamic that calls for an integrated approach, with a strongly connected sector, and a high level of collaboration.”
On May 10th, the Equatorial Guinea-Saudi Arabia Economic Forum will be held in Jeddah to discuss how the two nations can cooperate and collaborate towards a greater impact and development. The forum which is scheduled to take off in Jeddah will identify investment opportunities and bolster trade ties between the two nations in core economic sectors such as mining, hydrocarbons, agriculture and fisheries. The forum is organized by the Ministry of Mines and Hydrocarbons of Equatorial Guinea, with the participation of Centurion Law Group and Africa Oil & Power.
Africa presents a mixed foreign direct investment (FDI) picture – EY Africa Attractiveness report. Egypt, Kenya, Morocco, Nigeria and South Africa (the key hub economies) collectively attracted 58% of the continent’s total FDI projects in 2016. Investment from the Asia-Pacific region into Africa hit an all-time high in 2016. According to EY’s (http://EY.com) latest Africa Attractiveness report, heightened geopolitical uncertainty and “multispeed” growth across Africa present a mixed FDI picture for the continent.
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On the 25th of March, a cross-sectorial initiative analyzing the impact of a growing livestock sector on public health, the environment, and livelihood launched in Addis Ababa. The Africa Sustainable Livestock 2050 (ASL2050) encourages governments to think beyond livestock today, for the people of tomorrow. Government ministers and representatives from Burkina Faso, Egypt, Ethiopia, Kenya, Nigeria and Uganda, the United States Agency for International Development (USAID), and the Food and Agriculture Organization of the United Nations (FAO) met today in Ethiopia to discuss the future of the livestock sector in Africa.