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AfDB supports the Addis-Djibouti business corridor in Africa

A project supported by the African Development Bank (AfDB) and implemented by the Pan African Chamber of Commerce and Industry (PACCI) and IGAD to enhance collaboration between the private sector and IGAD member states in the Addis Djibouti Corridor received its first batch of equipment during a handover ceremony on Friday July 1, 2022.
Dr Abdul Kamara, Country Manager, Ethiopia, and Deputy Director General for East Africa, speaking at the handover ceremony acknowledged the progress made in the project execution so far, in particular in completing phase one and two which comprised of series of capacity building activities for business operators and the development of trade policy for IGAD member states.
Dr Kamara, also described the five development priorities of the AfDB: the High 5s – Light up and Power Africa; Feed Africa; Industrialize Africa; Integrate Africa; and Improve the Quality of Life for the People of Africa. He noted that these focus areas are essential in transforming the lives of the African people and therefore consistent with the United Nations agenda on Sustainable Development Goals and AU’s Agenda 63. He also highlighted the important role that regional corridors, such as the Addis-Djibouti corridor, play in fostering regional integration and development.
Present at the ceremony were senior staff of AfDB, Ethiopia and the Pan African Chamber of Commerce and Industry, including the Executive Director of PACCI Kebour Ghenna.

Could Abubaker face danger joining Sundowns instead of rival Kaizer?

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The future of a very promising striker now lay in the hands of Mamelodi Sundowns as their board contemplates on what to do with him. After recalling that Sundowns stole him away after Kaizer Chiefs showed interest, it will be a shame to see his career die on the bench when he could have been made anintegral part of the new Kaizer Chiefs Squad.
Mamelodi Sundowns will welcome new striker Abubecker Nasir as pre-season kicks off, but Siya’s side have been told the technical team has an important decision to make for the player. Sundowns signed the Ethiopian national in the January transfer window but sent him back to his club Ethiopian Coffee to meet him at Chlorkop in July.
According to information from Siya’s team, Sundowns will examine the player to determine if he is ready to enter Chloorkop’s starting line-up. Otherwise, they can hire players to gain valuable experience in local games before summoning them. However, that decision will only be made after the player has spent some time in training and the friendly, which the Sundowns are expected to play during pre-season training.
Nasir performed well for Ethiopia during the 2023 Africa Cup of Nations qualifiers. Nasir provided the opening assist in Ethiopia’s 2-0 win over Egypt in group qualification second fixtures. The striker scored from the penalty spot in last week’s 2-1 win against Malawi. He will be hoping to be in good form at Sundowns to ensure he gets into the team early on.

Bahir Dar meeting ends with understanding to organize the private sector for the National Dialogue

Last Thursday June 30th, 2022, leaders of chambers of commerce, women business and industry associations met in Bahir Dar to discuss ways to put in place sound mechanisms to ensure quality dialogue in the forthcoming National Dialogue and discuss issues affecting private sector enterprises.
Participants included business association leaders and operators, academic and civil society organizations – shared expertise and broad experience, through lively and dynamic discussions. They agreed to develop a road map to become a catalyst for positive change in the relationships between conflicting factions; act as a facilitator of constructive activities with other actors that have interest in peace; and be an influencer of actors who, by virtue of their official position or informal authority and legitimacy, can say “yes” or “no” to peace.
During the meeting, Initiative Africa (IA), the organizer of the meeting and the closest partner of the business organizations for the preparation of the National Dialogue , agreed to provide short to medium-term support for the business organizations through a Comprehensive Support Package (CSP) to improve awareness and knowledge, address policy issues, enhance communication skills or strengthen personal capacities of individuals, which, in turn, can fuel efforts to influence the National Dialogue.
A day earlier, chambers of commerce and industry association leaders, attended a workshop organized by the Institute of Security studies (ISS) together with Bahirdar University under the theme’ Importance, Process, Stakeholders’ Role, and Case Analysis of the National Dialogue for Ethiopia’.
The participants on this national peace dialogue were close to 100 in number and were executives from different private sectors, professors, the national elites, religious leaders, different CSO representatives, and so on. The dialogue was very dynamic and focused on how the collective can contribute to wheeling the national peace dialogue forward and contribute to being the change agent.
At the closing session IA Executive Director, Kebour Ghenna said “we face the most serious political and security situation in modern Ethiopia today. But we should raise to the challenge with unity and determination.” He also thanked all the participants and ISS for hosting and supporting the event.

Ethiopian Senbere Teferi World 5KM record ratified

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World records of Senbere Teferi over 5km in 14:29 and 30:01 by the late Agnes Tirop over 10km set last year have been ratified.
Just moments after the 10km race in Herzogenaurach, 2015 world 5000m silver medalist Teferi ran away from her opponents after the first kilometer with an incredible solo effort, winning the 5km by 25 seconds in 14:29.
The Ethiopian ran with the pack for the first kilometer, covered just inside three minutes. Then, sensing that the pace wasn’t quite fast enough to challenge the world record set off on her own and covered the second kilometer in 2:49.
By 3km, which she reached in about 8:43, Teferi had an eight-second lead over the chase pack. She continued to forge ahead, passing 4km in 12:07 and then ended with a 2:52 final kilometer to cross the finish line in 14:29, breaking the women-only world record of 14:44 set by Sifan Hassan in Monaco on 17 February 2019.
“I’m so happy,” said the 27 year-old former world record holder Teferi. “After the Olympics, I knew I was ready to go after this world record.”