Somalia’s debt relief enacted
There is a debt relief of 4.5billion US dollars carried out in Somalia. Such an action is carried out as a result of inter-governmental efforts between local government and international financial institutions that has been going on in the last ten years. The executive Boards of the International Development Association (IDA) an association under the international monetary fund (IMF) that operates in poorest countries confirmed that Somalia’s debt was brought down through their program (HIPC) commonly known as Heavily indebted Poor countries.
The debt reduction is often reached when the country involved has fulfilled the necessary programs of improving lives and reduction of poverty through poverty eradication programs. Despite all the efforts, Somalia is still battling with effects of the Elnino, many are displaced because of heavy rainfall. We hope that the debt relief will give the country space to plan in advance for uncertainities.
30-11-2023
A success in sport.
The first continental Canoe sprint of para qualifiers for 2024 olympic games were held in Abuja Nigeria. According to the Africanews, 15 countries under the International Canoe Federation took part into these competitions.
Atheletes competed in different races including; singles doubles and mixed categories. Atleats 8 qualifiers earned tickest already fort he Nov 23 competitions.
Winners emerged from Tunisia, Angola, Morocco, Egypt, and South Africa. For those atheltes from Uganda, Kenya, Djibouti, Côte d’Ivoire, Ghana, São Tomé, Senegal Seychelles, who didnot qualify, the advise is never to give up. You never know next time is your chance.
09-11-2023
One student one laptop.
Free computers to students of the University of Ghana, Ghanaweb news reported. The selected students recieved computers at the Cedi conference centre on the 8 november 2023.
This initiative is led by Vice Chancellor Nana Aba of the University of Ghana with her digitization program to equip students with techonological skills by distributing laptops.
This was the third distribution ceremony, the Vice Chancellor promised that more distribution ceremonies will follow and also the intention to develop a computer assembling plant at the school premises.
She disclosed that the plans are set to be achieved within a year. The process of selection of companies and signing agreements is already done, the hope is within a year to begin running the project. This initiative One student One Laptop hopes to equip students and staff of the Ghana university with affordable free laptops from Information technology (IT) companies to bridge the gap of digital divide.
University of Ghana students get free laptops (ghanaweb.com)
04-11-2023
Where are the rich Africans?
Ten richest cities in Africa have ben published by Investment migration consultancy Henley and Partners. The ranking was done together with the New World Wealth.
The report was based on private wealth and investiments of individuals in these cities.
Johannesburg ranks on the top as one of the cities in Africa, habitating the wealthier Afriscans. Johannesburg is a headquarter to many major Africa banks.
Cairo with its history and location is in habitated by major founders pf telecommunications companies, retail traders and tourism. Further Cape town follows, the most loved place to live by many weathier individuals. A place where real estate and fund management dominates.
Lagos with its rich neighbourhoods as Ikoyi and the Victoria island, comes next in the fourth position. This fourth position is because in these areas, the economy centres at gas, oil, transportation and financial services. Nairobi with its industries, financial services, real estate, tourism , media, textile and food processing follows in the fifth position.
South Africa, surprised us with another city on the row, Durban in the sixth position and Pretoria in the 8th position. Casablanca in the 7 position, Accra in the 9 position and Luanda in the tenth position.
I believe that there still many cities left behind which could collide on different positions. Think of Dar e Salam, Kigali, Abuja. These cities inhabits also many rich residents. But they might have investiments in other cities.
30-10-2023
Kenya visa free.
Kenya's president Ruto has announced elimination of visas to all Africans entering Kenya. President Ruto announced during the international conference of conserving rainforests which took place in Congo-Brazaville. Ruto emphasized that the elimination of visa will be soon put in working before the end of this year.
Kenya isnt the first country to have a visa free system to all Africans, there have been few visa free countries to all Africans like Seychelles, Gambia, and Benin. President Ruto recieved a tremendous applaus after a though explanation of how the simplifying the entry procedures and reducing resctritions on visas can pave away for visitors, travellers and businesses enterprenuers to make an easy entry, which in the end can boost knowledge exchange.