Friday, May 17, 2024

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

 

H.E. Ismail Omar Guellah, President of the Republic of Djibouti, and Dr. Slim Feriani, CEO of Fonds Souverain de Djibouti

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

DJIBOUTI City, Djibouti 17th May 2024 -/African Media Agency(AMA)/- 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.”


The two-day forum included panels on various topics such as ports, logistics, technology, connectivity, energy,

Kenya receives World Bank funding to prevent future pandemics

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People repairing a water drainage in Bomet town, Kenya after heavy rains. PHOTO | FILE | NMG

By NATION AFRICA

Kenya along with Burundi, Ethiopia, the Democratic Republic of Congo and Sao Tome and Principe, has been signed up for a new regional health emergency preparedness programme.

Qatar Airways to invest in an airline in southern Africa, CEO says

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Qatar Airways B777 aircraft arrives at the Cape Town International Airport in Cape Town, South Africa on June 28, 2022. PHOTO | REUTERS

By REUTERS

Qatar Airways will soon announce an investment in an airline in southern Africa, its CEO said on Wednesday, part of the Gulf carrier's drive to expand its network in Africa.

Ghana parliament recalled for urgent business after LGBT row

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Ghana President Nana Akufo-Addo. PHOTO | REUTERS

By REUTERS

Ghana's parliament, which has been adjourned since March following a row between the speaker and the president over an anti-LGBT bill, will reconvene on Friday to

Kenya, Uganda to extend oil pipeline from Eldoret to Kampala

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Uganda's President Yoweri Museveni (L) is on a two-day State visit to Kenya. PHOTO | PCS

By NATION AFRICA

Kenya and Uganda have agreed to jointly extend the oil pipeline from Eldoret to Uganda in a deal that will see Kampala import refined petroleum products directly through Nairobi.

UN rights chief Volker Turk warns of catastrophe in Sudan's al-Fashir

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United Nations High Commissioner for Human Rights (OHCHR) Volker Turk. PHOTO | REUTERS

The UN human rights chief said on Friday he was "horrified" by escalating violence near Sudan's al-Fashir and held discussions this week with commanders from both

South Sudan warns of severe flooding

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Women wade through flood waters after the River Nile broke the dykes in Pibor, Greater Pibor Administrative Area, South Sudan on October 6, 2020. PHOTO | REUTERS

By XINHUA

South Sudan issued a warning on Thursday of severe flooding as water levels in Lake Victoria, a source of the Nile, reached a record high.