page contents
Connect with us

Motherland News

African leaders seek partnerships at World Economic Forum in Davos.

Published

on

African political and business leaders have joined other heads of state from the rest of the world as well as global business executives at the World Economic Forum in Davos, Switzerland.

The leaders have taken to social media to share their messages and objectives with their citizens back home.

Zimbabwe’s Mnangagwa said his ‘message is simple’. He will be telling the delegates at the forum that ‘the new Zimbabwe is open for business, looking to the future and ready to take its place among the family of nations’.

Rwanda’s Paul Kagame who is scheduled to speak at the Washington Post Foreign Policy Lunch ad the Peace-building in Africa session shared videos and images friom meetings with Chinese billionaire Jack Ma, South Africa Deputy President Cyril Ramaphosa and Norway Prime Minister Erna Solberg.

The South African presidency also shared updates from meetings by its delegation at the forum, led by Deputy President Cyril Ramaphosa.

Business leaders from Africa including Africa Development Bank (AfDB) president, Akinwumi Adesina are at the forum, sharing the investment opportunities that are available on the continent.

‘‘We have launched a $500 million fund to support businesses in Africa that are producing power in a decentralised way,’‘ said AfDB’s Adesina.

‘‘I am here to tell the Nigerian story, how we are using new technology to drive financial inclusion. It’s time to tell stories of what we are doing right and how, together, we can scale it,’‘ said Diamond Bank CEO Uzoma Dozie.

Held under the theme “Creating a Shared Future in a Fractured World”, the four-day forum is exclusively co-chaired by women who include; Sharan Burrow, General Secretary of the International Trade Union Confederation (ITUC), Fabiola Gianotti, Director-General of the European Organization for Nuclear Research (CERN); Isabelle Kocher, Chief Executive Officer of ENGIE; Christine Lagarde, Managing Director of the International Monetary Fund (IMF); Ginni Rometty, Chairman, President and Chief Executive Officer of IBM Corporation; Chetna Sinha, Founder and Chair of the Mann Deshi Foundation; and Erna Solberg, Prime Minister of Norway.

The forum’s programme is built around four key objectives; driving sustained economic progress, navigating a multipolar and multi-conceptual world, overcoming divisions in society and shaping the agile governance of technology.

American President Donald Trump who is expected at the forum will also meet with the African Union chairperson, Paul Kagame.

 

Business

Absa became the new competitor on the Ethiopia market.

Published

on

Absa Bank Of South Africa’s  has become the Latest Multinational Corporation to show Interest in Organizing the Ethiopia market.

Ethiopia has since Prevented Foreign Ownership in Economic Sectors that Includes Banking but Abiy Ahmed has began to take fast Action on the issue since he came to power in April.



Jason Quinn, the bank’s chief financial officer, told reporters that Absa was investigating on how and where to enter in a number of populating market, including Nigeria and Angola.

IMG-20180912-WA0030

Am Entrance made into the Ethiopia market of 100 million People, would be part of a Scheme made by Absa after it break from Britain’s Barclays in 2017.

FOLLOW US ON:
 INSTAGRAMLINKEDINYOUTUBETWITTER & FACEBOOK

Ethiopia has plans to liberalise state-owned companies including Ethiopian Airlines, Ethio Telecom, Ethiopian Shipping & Logistics Services Enterprise, and Ethiopian Electric Power, in order to attract foreign direct investment and stimulate growth.

TO DOWNLOAD OUR MOBILE NEWS APP CLICK HERE

PROMOTE YOUR BUSINESS FOR JUST $1 CLICK HERE

Continue Reading

Motherland News

Black box of the Ethiopian Airline Crash recovered.

Published

on

The United Nations described the Sunday crash of the Ethiopia airline as disastrous saying it has cost them a great loss.



IMG-20180912-WA0030

Michael Moller, director-general of the U.N. European head garters said this was the worst loss suffered in years in Geneva in a statement where 150 people where gathered.

FOLLOW US ON:
 INSTAGRAMLINKEDINYOUTUBETWITTER & FACEBOOK

Investigators in Ethiopia have recovered the black box from the ill-fated Ethiopian airline this Sunday.

TO DOWNLOAD OUR MOBILE NEWS APP CLICK HERE

PROMOTE YOUR BUSINESS FOR JUST $1 CLICK HERE

Continue Reading

Facebook

Advertisement
Flag Counter
Advertisement

Trending

Copyright © 2018 Anttention Media. All rights reserved