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May 27, 2024
05/24
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this week, the african development bank's annual meeting takes place. decision makers will consider how financial institutions can and should support economic growth and transition on the continent. our africa business correspondent jewel kireeungi has more. one of the key things that will be discussed at these meetings is the issue of debt. a majority of countries in africa are facing significant financial challenges and they will be discussing how to alleviate some of these debt scenarios that they have been seen playing out. issues such as global economic issues have had a direct impact on african economies. we've seen global high interest rates being translated into the loans that african countries are taking from these countries. we have seen issues such as the covid—19 pandemic still having ripple effects in many economies across africa. so, it's a myriad of challenges, both at the global economic level as well as individual country—specific issues. in other news... elon musk�*s ai startup xai is now being valued at $24 billion dollars after
this week, the african development bank's annual meeting takes place. decision makers will consider how financial institutions can and should support economic growth and transition on the continent. our africa business correspondent jewel kireeungi has more. one of the key things that will be discussed at these meetings is the issue of debt. a majority of countries in africa are facing significant financial challenges and they will be discussing how to alleviate some of these debt scenarios...
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May 27, 2024
05/24
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the african development bank annual meeting takes place this week and decision makers will consider how financial institutions can and should support economic growth and transition on the continent. there are big restraints such as an $824 billion debt burden and the need to invest an estimated $170 billion in infrastructure. but one big benefit is a burgeoning youth population. live now tojewel kiriungi, our africa business correspondent. thank you very much forjoining us, jewel. africa, one of the fastest—growing continents in the world, of course, from an economic perspective. what are the main challenges to growth that are going to be discussed this week?— that are going to be discussed this week? ~ ., ., " , this week? well, one of the key thins this week? well, one of the key things that _ this week? well, one of the key things that will _ this week? well, one of the key things that will be _ this week? well, one of the key things that will be discussed - things that will be discussed at these meetings is the issue of debt. a majority of countries in africa are facing a signif
the african development bank annual meeting takes place this week and decision makers will consider how financial institutions can and should support economic growth and transition on the continent. there are big restraints such as an $824 billion debt burden and the need to invest an estimated $170 billion in infrastructure. but one big benefit is a burgeoning youth population. live now tojewel kiriungi, our africa business correspondent. thank you very much forjoining us, jewel. africa, one...
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May 29, 2024
05/24
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i had collaboration with the president of the african development bank. we created the africa business roundtable. that effort to bring private enterprise together with the work of the african development bank to drive policy choice on the continent did not work out as intended so the bank took initiative of creating an alternate platform. i got roped into it and the former president of the african development was elected the first year but could not get going before he passed away so then i was appointed chairman of path track. path track seeks to play a very important role because as you mentioned earlier we tend to act in silos. we have people from the public sector who go to meetings and sign agreements that will be implemented by private sector without consulting private sector people at all so we have a chaotic policy arena. so to kind of bring some order, the leadership of the multilateral agencies in africa thought that there was the need to get a private sector which could help make input into choice by african heads of state that can drive devel
i had collaboration with the president of the african development bank. we created the africa business roundtable. that effort to bring private enterprise together with the work of the african development bank to drive policy choice on the continent did not work out as intended so the bank took initiative of creating an alternate platform. i got roped into it and the former president of the african development was elected the first year but could not get going before he passed away so then i...
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May 24, 2024
05/24
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CSPAN
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i'm excited to announce a new initiative cochaired by the african development bank at mastercard called the maid alliance -- made alliance africa. the effort is to deliver on the goals of pulling 100 million people in businesses into digital services over the next 10 years. our partners are here on stage, microsoft and equity bank. the whole idea was as follows -- imagine a farmer in kenya. the farmer needs $100 to buy seeds. imagine the transaction is digitized in a way that works off-line and online. both were in kenya. equity bank can give different working capital access to the farmer because there is a data track record for that. the same solution allows the farmer to be connected to global fair market trading prices. the virtual circle begins. that is exactly what the alliance is trying to do. one company provides connectivity. the other provides digitization and capital access. there is a set of foundation for scaling with other educational aspects in declared communities. there is an ecosystem change instead of everyone doing their own thing. 10 years, that's one of the biggest
i'm excited to announce a new initiative cochaired by the african development bank at mastercard called the maid alliance -- made alliance africa. the effort is to deliver on the goals of pulling 100 million people in businesses into digital services over the next 10 years. our partners are here on stage, microsoft and equity bank. the whole idea was as follows -- imagine a farmer in kenya. the farmer needs $100 to buy seeds. imagine the transaction is digitized in a way that works off-line and...
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May 23, 2024
05/24
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CNNW
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and also to work with the imf, henry channeling fdr's to institutions like the african development bank to further leverage on private sector funding to support countries. unless this is done and done immediately the values of freedom democracy, and the rule of law are in ingrate. geo body on regional peace and security in the horn of africa. and the great lakes region i expressed optimism that kenya under the us will innovatively design appropriate defense and security frameworks to help kenya as the anchor state under region in general to deal with a peace and security challenges that are undermining human well-being. slowing down development, and also having a negative impact on democracy. we affirm our mutual commitment to the stabilization of haiti through the multinational security support mission. the kenner you climate and clean energy industry as you're partnership. we have just committed to is encouraging milestone on our collective journey and builds on the paradigm shift. we we have inaugurated at the africa climate summit in nairobi last year accordingly, africa's resource
and also to work with the imf, henry channeling fdr's to institutions like the african development bank to further leverage on private sector funding to support countries. unless this is done and done immediately the values of freedom democracy, and the rule of law are in ingrate. geo body on regional peace and security in the horn of africa. and the great lakes region i expressed optimism that kenya under the us will innovatively design appropriate defense and security frameworks to help kenya...
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May 28, 2024
05/24
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FOXNEWSW
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bank group to expand internet to 80% of africans to compete against china. biden levied $18 billion in tariffs on china. canceled $7.7 billion with debt. the lease to billion barrels of oil. >> dana: but richard. even the biden campaign had to say today that the reason they had to come here is because, they said it, we came here because that's where you are, the media. >> richard: i think that's part of the problem. >> dana: none of what you just said. >> richard: was covered by anybody and that's part of the problem. >> dana: whose fault is that? speed >> judge jeanine: where are the tara reade records? i think -- >> dana: i stand with tara reade. kidding. >> judge jeanine: is it my turn? donald trump wants to destroy the city, the country in the world. my question for robert de niro, what are you done for new york city? is there a building with your name on it? have you built skyscrapers? has the skyline of new york changed because of all your vision? no. you had to read everything you read to get ahead in life and now you're reading a script and a biden-a
bank group to expand internet to 80% of africans to compete against china. biden levied $18 billion in tariffs on china. canceled $7.7 billion with debt. the lease to billion barrels of oil. >> dana: but richard. even the biden campaign had to say today that the reason they had to come here is because, they said it, we came here because that's where you are, the media. >> richard: i think that's part of the problem. >> dana: none of what you just said. >> richard: was...
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May 14, 2024
05/24
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RUSSIA24
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bank operates. brix, which is located, whose headquarters is located in the republic of south africa, which, of course, pays increased attention to the implementation of projects in african countries, we actively support this. our participation is in the same vein; we joined the african export-import bank a couple of years ago, this is a useful mechanism that allows us to find new opportunities for investments, implementation of mutually beneficial projects, russian export center. it also helps to work in this direction, well , there is a public structure, the association for economic cooperation with africa, we want it to be more actively implemented in practical matters to implement the agreements that were reached in st. petersburg in july last year. this concerns practical cooperation, the material basis of our interaction, but in political terms, of course, african countries, our allies on many issues... on the un agenda, where we vote in solidarity, there is now close cooperation on the palest
bank operates. brix, which is located, whose headquarters is located in the republic of south africa, which, of course, pays increased attention to the implementation of projects in african countries, we actively support this. our participation is in the same vein; we joined the african export-import bank a couple of years ago, this is a useful mechanism that allows us to find new opportunities for investments, implementation of mutually beneficial projects, russian export center. it also helps...
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in most cases, developing countries, particularly here on the african continent of a sort of funding from this international organizations. i need many curious as we get these loans or the ability how you, it's difficult to pay them back up the stick into loans because of the fact that the o and this ends up this an inductive tissues in them there. for instance, we had during the years, uh, what the president broke into a declarative hip ignition in the, in the 2000. and where we said where i hated that the 4 countries are going on way we did go on runs. but then over the years that getting the elected issue withdrawing. and it's not just as i'm getting the problem is that the same day off, we can punch it and we'll keep on board and then we bill to pay. but so we need to find the political solution under the kinetic solution to this issues with we shouldn't be highly dependent on the international organization for to develop because at the end of the day, you do hurt. it will not be citizens because these international organizations, in order to get to the terms of how the mission m
in most cases, developing countries, particularly here on the african continent of a sort of funding from this international organizations. i need many curious as we get these loans or the ability how you, it's difficult to pay them back up the stick into loans because of the fact that the o and this ends up this an inductive tissues in them there. for instance, we had during the years, uh, what the president broke into a declarative hip ignition in the, in the 2000. and where we said where i...