Day: May 15, 2024

Djibouti Forum wraps up with promising agreements, optimism about economic prospects

Mr Mohammed

Djibouti City, Djibouti – 15 May 2024 The inaugural Djibouti Forum brought together nearly 400 delegates, including international institutional investors collectively overseeing a staggering $2.5 trillion in assets. Describing the forum as a “resounding success”, Dr. Slim Feriani, CEO of Fonds Souverain de Djibouti (Djibouti’s sovereign wealth fund), noted that it was evident that there “is great and growing interest in Djibouti.” During the closing ceremony of the two-day event, Feriani signed a memorandum of understanding with Tamini Insurance, part of the influential Salaam Group, a leading financial conglomerate in…

Driving socio-economic transformation through technology: The young startup changing the face of Uganda’s automotive industry

Mr Mohammed

KAMPALA, Uganda, May 14, 2024/ — In recent years, Uganda has witnessed a wave of technological innovation. In a country where access to traditional infrastructure and services can be limited, technology is emerging as a powerful catalyst for change, offering solutions to longstanding socio-economic issues. GITEX AFRICA, the continent’s largest tech and start-up event, taking place in Marrakech, Morocco from 29 – 31 May, will host a successful Ugandan startup that is proving that technology, along with a visionary mindset, is the perfect formula to meet the challenges facing the…

African Development Bank proposes Annual Africa Media Prize to promote more balanced reporting of continent and its achievements

Mr Mohammed

Dr Akinwumi Adesina, the president of the African Development Bank Group during the recently held media leaders’ summit convened by the AllAfrica Media in Narobi,Kenya,in his Keynote address,announced the creation of an Annual Africa Media Prize to recognise and profile African journalists, correspondents and media houses that showcase Africa’s achievements and progress. Adesina said the African Development Bank would work with the AllAfrica Media organisation and African financial institutions to establish the prize as part of efforts to promote more positive reporting of developments on the continent. “Africa must shape…