The forum is a closed, by-invitation-only meeting for utility CEOs to gather under Chatham House Rules to discuss pressing issues and pave the way for transformation and deeper collaboration.
There are many reasons to be optimistic about the transformational potential of digitalization in Africa.
The new office will function as the headquarter for the company’s operations in East Africa, and is intended to support expanded growth opportunities for Abbott, both locally and in the region. Abbott’s other office in sub-Saharan Africa has been based in Johannesburg, South Africa, since 1940
An agreement between Irish exploration company Tullow Oil and two international oil companies to share the costs of developing a Ugandan oil field has been terminated, leaving Tullow to find new partners
In addition, the ambassadors hailed the move of expanding; deepening and strengthening the port to allow it to handle many and large vessels and cargos.
Salvatore Garang Mabiordit, the country’s Minister for Finance, said Juba will finance the budget deficit through boosting oil production and explore external backing from the international market based on mutual cooperation.
In his remark, the President had first apologized to the people of South Sudan for the suffering they endured during the country 6 years’ conflict, and his administration’s failure to deliver services.
It is expected that by opening the factory, there will be over 2000 jobs created. Another expectation is that it will enable cotton farmers to sell their produce to the factory as raw material required to make new clothes and boost local daily production.
The vision of the institute is to make the region a zone of macroeconomic stability and ultimately achieve a monetary union that will lower the cost of doing business, facilitate intra-COMESA trade and make the region globally competitive and attractive for cross border and foreign investment.
COMESA has been actively playing its role by pushing for growth and contributing to the progress and development of the continent.