Category: Business

ITFC, Afreximbank join Efforts to Support African Trade with $100 Million and €50 Million Murabaha Partnership Agreements

ITFC, Afreximbank join Efforts to Support African Trade with $100 Million and €50 Million Murabaha Partnership Agreements

By Fleur Tchibota On the sidelines of the Afro-Arab Trade Finance Forum DUBAI, UAE, December 24, 2017/ — The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, and the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), a multilateral financial institution established by African governments and institutional investors, have signed a US$100-Million agreement and a EUR 50-Million Murabaha agreement with the aim of facilitating and financing exports amongst African countries and between Africa and the rest of the world. The agreements were signed by Eng. Hani Salem Sonbol, the CEO of ITFC, and Mr. Amr Kamel, Executive Vice...

Migration, UN reform and sustainable development among 2018 priorities, says Assembly President

Migration, UN reform and sustainable development among 2018 priorities, says Assembly President

By Via UN News Centre  SAFE MIGRATION , conflict prevention, sustainable development and United Nations reform will be the priorities of the 72nd UN General Assembly over the coming year, the 193-member body’s President, Miroslav Lajčák, said on Wednesday. “We will continue our work on the Global Compact for safe, orderly and regular migration,” Mr. Lajčák told a press conference at UN Headquarters, welcoming constructive debates and a positive atmosphere during the consultation and preparatory phases on the initiative. “The next steps will be the intergovernmental negotiations, which will start in February with the aim of concluding them before July,” he explained, noting that...

Biography-Daniel Lewis Foote U.S. Ambassador to Zambia

Biography-Daniel Lewis Foote U.S. Ambassador to Zambia

By  Derrick Sinjela Daniel Lewis Foote was appointed as U.S. Ambassador to the Republic of Zambia on November 20, 2017. At the time of his appointment, Mr. Foote was the Acting Assistant Secretary, Bureau of International Narcotics and Law Enforcement Affairs at the Department of State, where he had served as Deputy Assistant Secretary since 2015.  Known for his leadership acumen, judgment and communication skills, he has held diverse senior foreign policy positions.  His diplomatic experience and demonstrated interagency leadership have been honed directing several of the United States government’s largest overseas programs in some of the world’s most challenging, high-threat...

Gender Data Newspaper conceived Tuesday 26th December 2017 Time 04:59 hours

Gender Data Newspaper conceived Tuesday 26th December 2017 Time 04:59 hours

Gender Data conceived Tuesday 26th December 2017 Time 04:59 hours GENDER DATA (NEWS)–appreciating and developing the gender dividend in people Gender Equality and Equity News Disaggregated Empowerment Rights   North East West South ========= Encouraging a society in which people and communities are treated respectable contributors possessing inalienable rights. Justification Coverage in mainstream and stratified private sector led electronic and print communication channels remains stereotyped despite a proliferation of media outlets and birth of news media Birth of Gender News Aggressively cultivate relationships championing information dissemination derived from North East West and South (NEWS) toward a sustainable heritage. Contact: Derrick Sinjela...

Rural Electrification cheers Kennedy Malama

Rural Electrification cheers Kennedy Malama

  By Derrick Sinjela and Favourite Kalando MINISTRY of Health (MoH) Permanent Secretary (PS) for Administration Kennedy Malama has commended the Geoffrey Musonda led Rural Electrification Authority (REA) for increasing access to electricity in rural Zambia. Dr. Malama is delighted that as a government institution, REA is progressively targeting rural people   by linking rustic areas to Zambia’s electricity grid which for years has limited access to line of rail communities. In an interview in Lusaka, Dr. Malama acknowledged the imperative need for cross-sectoral interventions that facilitate smooth implementation of the 2017-2021 Seventh National Development Plan launched at Mulungushi International Conference...

Arctic forever changed by rapidly warming climate – UN weather agency

Arctic forever changed by rapidly warming climate – UN weather agency

View Larger Image The Arctic continued in 2017 to warm at double the rate of the global temperature increase, resulting in the second warmest air temperatures, above average ocean temperatures, loss of sea ice, and a range of human, ocean and ecosystem effects, according to the United Nations weather agency. “While 2017 saw fewer records shattered than in 2016, the Arctic shows no sign of returning to the reliably frozen region it was decades ago,” said the Arctic Report Card, a peer-reviewed study that brings together the work of 85 scientists from 12 nations. The UN World Meteorological Organization (WMO) said on...

Kampamba Mulenga preaches power of Information & Education

Kampamba Mulenga preaches power of Information & Education

By Ashton Kelly Bunda Information Broadcasting Services Minister Kampamba Mulenga says the Patriotic Front (PF) has not departed from vision of its founding father President, the late Michael Chilufya Sata as doing so will amount to betrayal. Ms. Mulenga, one of the first female District chairperson after succeeding as treasurer at  Kalonga Ward in Kalulushi constituency, Copperbelt Province wants the media to inform Zambians on milestone achievements  recorded by the Patriotic Front (PF) Government. Featuring at a PF Interactive Forum at Lusaka’s Chrismar Hotel, Ms. Mulenga said: “There a lot of positively beautiful things to tell the world about Zambia, ...

Protect African children, prods ILO’s Luca Pellerano

By Ashton Kelly Bunda INTERNATIONAL Labour Organization (ILO) Social Security Specialist Luca Pellerano is prodding African countries to invest in childhood education and nutrition in order to grow the social protection programme. Pellerano  laments that between 70 to 75 percent of the people in Zambia’s  rural areas and Africa as whole are living below the Poverty Datum  Line (PDL) despite introducing Community Development and Social Services Social Cash Transfer (SCT) programme, administered by the was speaking to Pan African radio crew in an exclusive interview after the launch of the 2017 National social Protection week at government complex in Lusaka....

Emerine Kabanshi seeks local Zambians

Emerine Kabanshi seeks local Zambians

 By Ashton Kelly Bunda COMMUNITY Development and Social Services Minister Emerine Kabanshi sees light at the end of the Zambian poverty tunnel once a parliamentary draft social protection bill is tabled and assented to by President Edgar Chagwa Lungu. Kabanshi says he Social Protection Act (SPA) will enhance stakeholder coordination and lift the majority of vulnerable people. Launching the 2017 National Social Protection Week at the New Government Complex in Lusaka, Kabanshi says the vicious poverty cycle will go and people can lead decent livelihood with dignity, once the Social Protection Act is actualised. “Enactment of Social Protection Act will...

NRFA US$ 1.9 million Chongwe Toll Plaza opens

NRFA US$ 1.9 million Chongwe Toll Plaza opens

 By Derrick Sinjela and Richard Nyirenda THE National Road Fund Agency (NRFA) Relations Manager Alphonsius Hamachilais elated that all construction works and road tolling systems at Chongwe Toll Plaza have been completed and road tolling commenced on Monday 4th December 2017. Mr. Hamachila says Avic International, which constructed the US$ 1.9 million Chongwe Toll Plaza through the Road Development Agency (RDA) had completed all works and handed over the Toll Plaza to NRFA for operations. Hamachila says the Chongwe Toll Plaza has modern road tolling features which include enhanced security cameras for internal controls, transparency and accountability, vehicle recognition devices,...

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