LOME, TogoEcobank has won the Best Digital Strategy Award at the Retail Banker International’s prestigious awards ceremony held at the Waldorf Hilton Hotel in London last week. Ecobank’s digital strategy leverages digitalisation for scale and ubiquity and is the key plank in its ambition to be the top consumer financial services franchise in Africa and to achieve its target of serving 100 million customers. As a pan-African bank we’re absolutely committed to meeting the rapidly changing demands for convenience and functionality that Africans need and demand The Ecobank Mobile App, which has already been downloaded by over 5 million people, is a unified banking app serving 33 African countries, enabling 24/7 banking services and transactions in 18 different currencies and in
NAIROBI, KenyaGulf Energy,the developer of the 1050Mw Lamu Coal Power Plant (Amu Power), the largest private sector led infrastructure project in East and Central Africa, has today entered into a Clean Coal Technology agreement with General Electric (GE) that will see the plant use GE’s Ultra-Supercritical Clean Coal Technology making it one of the most technologically advanced coal fired power plants in the world. Amu Power is the special purpose company that will own and operate the 1,050 MW coal fired power plant in Lamu County, Kenya, under the Public Private Partnership (“PPP”) framework. The agreement was signed at Nairobi, Ministry of Energy offices in Nyayo House in the presence of Hon. Charles Keter, the Cabinet Secretary, Ministry of Energy (MoE), Dr. Eng. Joseph Njoro
WASHINGTON D.C., United States of AmericaAhead of a constitutional referendum in Burundi that would extend presidential terms to seven years from five and allow President Pierre Nkurunziza in power since 2005 – to serve two additional terms, Freedom House issued the following statement: President Nkurunziza, who already evaded term limits in Burundi’s last elections, seems determined to maintain power regardless of the consequences for the people of Burundi “President Nkurunziza, who already evaded term limits in Burundi’s last elections, seems determined to maintain power regardless of the consequences for the people of Burundi,” said Jon Temin, director for Africa programs at Freedom House. “Amid widespread intimidation by the state and ruling party loyalists, the referendum
PRESS STATEMENT FOR THE LAUNCH OF THE EAST AFRICAN COMMUNITY TRADE IN STAPLES PROGRAMME. Good morning ladies and gentlemen, The Ministry of East African Community Affairs in Partnership with Kilimo Trust and Alliance for a Green Revolution in Africa (AGRA) is launching a US$ 6 million East Africa Community Trade in Staples programme (REACTS). This programme is an alliance between the Governments of Kenya, Uganda and Rwanda, plus the Private Sector and Civil Society organisations working in partnership to support 300,000 small holder families of maize, pulses, rice and potatoes over an initial 3year phase. The Uganda chapter though is designed for 5 years. The objectives of the REACTS program are to strengthen access to inputs including (seed, fertilizers, agrochemicals, technolog...
MIDRAND, SOUTH AFRICA The Pan African Parliament (PAP) has considered and adopted the proposed US$ 26 million budget to run the legislature’s activities and programmes in 2019. The PAP, which is headquartered in Midrand, South Africa is one of the organs of the African Union and has representation of five legislators from each of the 54 AU member states. The budget, presented by the Chairperson of the Committee on Monetary and Financial Affairs, Hon. Michael John Temple (Swaziland), showed a 35 percent increase compared to the previous year’s budget of US$ 19 million. “The increase is largely due to the addition of extra programme activities and the inclusion of rental of the PAP official residence in the 2009 budget,” Temple told legislators Wednesday. He said the other cos
NAIROBI, Kenya East African nations can harness their trade policies to help empower women economically in the region, thanks to improvements in education, employment and other key areas, according to new research released by the United Nations and funded by The Netherlands through Trade Mark East Africa. In a report entitled East African Community Regional Integration: Trade and Gender Implications, the United Nations Conference on Trade and Development (UNCTAD) analyses the impact of East African Community (EAC) regional integration on women's well-being in five of the six EAC countries. UNCTAD also released an advocacy document entitled Advocating for gender-sensitive trade policy making in the East African Community, which makes concrete recommendations to bett
CAPE TOWN, South Africa Parliament’s delegation, has sworn in at the Pan African Parliament (PAP) and is looking forward to making a positive contribution to the advancement of the legislative sector on the continent. The delegation, led by National Council of Provinces (NCOP) Chairperson Ms Thandi Modise, was among 71 new Members of the PAP who were sworn in at the opening ceremony of the sixth Ordinary Session of the PAP,in Midrand. “As the SA Parliament delegation, we are looking forward to continue adding value to the various committees and plenaries of the PAP so that we strengthen the PAP’s role in improving the quality of lives of the people in our continent,” said Ms Modise "As the SA Parliament delegation, we are looking forward to continue adding value to the various
Nairobi, Kenya Earlier today, I was appalled and saddened to learn that we had lost nine young patriots to a cowardly terrorist attack in Somalia. These men gave their lives for their country, and for peace; we must, and we will, honour their service, their sacrifice and their valour. The mission for which they gave everything will continue until the evil terrorists of Al Shabaab are defeated, and the people of Somalia are safe once more. We owe victory to the fallen. You may be sure we will win, for we have right and might on our side. May God rest the souls of our warriors, and may he grant their families the courage to bear this loss.