Friday, November 22African Digital Business Magazine

Ethiopia News

Ethiopia News

African News, Egypt News, Ethiopia News, South Africa News

Global Cities Report – Five strategic imperatives for city leaders

Last year’s edition of the Kearney Annual Global Cities report provided a revealing overview of urban centres amid the unprecedented public health catastrophe of the COVID-19 outbreak. A stark snapshot was painted of a volatile, increasingly fragmented environment characterized by fierce competition among cities for status, a situation acutely exacerbated by the coronavirus pandemic. “The 2020 report provided a perspective on where the world was just before the impact of COVID-19 was felt. In this year’s report, the data used—largely collected from 2020 and early 2021 publications—provides a view of the impact of the first year of the pandemic. It also sheds light on the different recovery trajectories across the world’s global cities,” says Prashaen Reddy, a partner at global managemen...
Ethiopia News, Guinea News, Main, Mali News

African Growth and Opportunity Act eligibility requirements under review in three African countries

By Virusha Subban, Partner and Head of Indirect Tax, Baker McKenzie Johannesburg On 2 November 2021, US President Joe Biden announced that three African countries would be terminated from the African Growth and Opportunity Act (AGOA) trade preference program, unless they took urgent action to meet statutory eligibility criteria by 1 January 2022. The three countries listed were Guinea, Mali and Ethiopia. The US administration cited unconstitutional changes in governments in Guinea and Mali and human rights violations in Ethiopia, due to conflict in the country, as reasons for the termination. The statement announced the intention to provide all three countries with a clear benchmark and pathway towards reinstatement so that valued trading partnerships could be resumed. AGOA eligibility c...
Energy, Ethiopia News, Kenya News

Underwriting facility set to energise geothermal development in Kenya and Ethiopia

FSD Africa, the UK Government’s flagship financial sector programme in Africa, and Parhelion, a UK-based specialist energy and climate risk finance advisory company, have today announced plans to launch a first-of-its-kind underwriting facility, backed by East African insurers, to de-risk early-stage development of geothermal energy projects with the capacity to significantly expand electricity access and energy sector resilience in Kenya and Ethiopia. The need The energy sectors in Kenya and Ethiopia face several systemic issues: Large numbers of people continue to live without electricity — 12.5 million in Kenya and 42 million in Ethiopia are still unconnected. Growth in energy demand is outstripping supply — Kenya’s power demand is growing 20% faster than GDP, while recent a...
Ethiopia News, Kingdom of Eswatini News, Main, Malawi News, Mozambique News, Namibia News, South Africa News

Increasing competition policy enforcement across Africa

By Angelo Tzarevski, Associate Director, and Zareenah Rasool, Candidate Attorney, Competition & Antitrust Practice, Baker McKenzie Johannesburg Competition policy continues to be viewed by regulators as a key driver of economic growth globally. Across Africa, competition policy enforcement is increasingly being employed as a tool to boost economic performance and promote the revitalization of trade and industry following the devastating impact of COVID-19. The effects of the pandemic have led to negative economic growth in a number of African jurisdictions, and have given rise to opportunistic, anticompetitive behaviours such as unreasonable price increases and price gouging, coordination amongst competitors, and other unsavoury business practices that erode competition. Over the pas...
Ethiopia News, Tanzania News, Uganda News

DW Akademie Film Development Fund – Tanzania and Uganda – Applications Open

Promoting film production in the Global South From September 14, 2021, filmmakers from Tanzania and Uganda are invited to apply for film development funding and training offered by DW Akademie. The German media development organization DW Akademie is looking for filmmakers from Uganda and Tanzania who have already made one or more films and would like support in developing their next project. Up to five successful candidates from each country will be selected by separate juries in January 2022 and receive a maximum of 10,000 euros and one year of mentorship to help develop their film ideas. The program will include workshops and skills development by industry professionals mainly from the Global South. These tailor-made trainings will enable the successful candidates to take their projec...
Ethiopia News, Tech

SITA Passenger Self Services Land At Addis Ababa Bole International Airport, Ethiopia

SITA has announced a new technology deployment offering passengers enhanced check-in and bag drop self-services with Ethiopian Airlines at Bole International Airport (ADD). The deployment, which features SITA Smart Path Drop & Fly baggage solution, has been implemented in the new extension of the check-in area with international passengers of Ethiopian Airlines benefitting from the service. SITA's self-service solutions have helped optimize the passenger experience with many travelers checking in online through the Ethiopian Airlines app, other airline applications and through SITA self-service kiosks. Passengers using the technology can directly proceed to the self-bag-drop area to check in their bags quickly and easily avoiding long lines and reducing congestion in the airport a...
Ethiopia News

Coronavirus: African Union Member States reporting COVID-19 cases as of 15 May 2021, 9 am EAT

African Union Member States (55) reporting COVID-19 cases (4,677,798), deaths (125,890) and recoveries (4,232,974) by region: Central (166,788 cases; 2,640 deaths; 151,994 recoveries): Burundi (4,282; 6; 3,655), Cameroon (74,946; 1,152; 70,497), CAR (6,992; 96; 6,442), Chad (4,897; 173; 4,677), Congo (11,343; 148; 10,191), DRC (30,511; 775; 26,601), Equatorial Guinea (7,694; 112; 7,279), Gabon (23,799; 143; 20,379), Sao Tome and Principe (2,324; 35; 2,273) Eastern (629,274; 12,070; 505,826): Comoros (3,930; 146; 3,692), Djibouti (11,402; 151; 11,241), Eritrea (3,822; 12; 3,639), Ethiopia (265,413; 3,964; 217,370), Kenya (165,112; 2,976; 113,432), Madagascar (39,888; 747; 37,431), Mauritius (1,280; 17; 1,131), Rwanda (26,033; 343; 24,592), Seychelles (9,184; 32; 6,413), Somalia (14,486; 7...
Agriculture, Ethiopia News

European Union (EU) contribution of EUR8 million will strengthen gains in Desert Locust fight

The Director-General of the Food and Agriculture Organization of the United Nations (FAO), QU Dongyu, has welcomed an €8 million contribution from the European Union (EU) that will enable countries in the Horn of Africa to maintain a state of readiness in the face of a possible resurgence of Desert Locusts. The European Commission announced the funding - from the European Civil Protection and Humanitarian Aid Operations (ECHO) - as another example of the EU's sustained commitment to control this upsurge since its early days in 2020. "I want to thank the European Union and all other supporters for their generous contribution and ongoing assistance in the battle to control the Desert Locust upsurge, enabling critical livelihood-safeguarding activities" the Director-General noted, a...