Rwanda-Backed Aggression Puts Over 1 Million Children in DRC at Risk of Malnutrition, Warns WHO Facebook X (Twitter) WhatsApp Copy link Ayize claire Jul 12, 2024 President Paul Kagame on the left, blamed for the crisis, and a malnourished child on the right The World Health Organization (WHO) has warned that more than one million children are at risk of acute malnutrition in the Democratic Republic of Congo (DRC) due to escalating violence and displacement. The conflict, driven by the Rwanda-backed M23 militia, has led to a worsening humanitarian crisis in eastern DRC, with 2.7 million people displaced in North Kivu alone. In addition to the conflict, severe flooding, landslides, and long-standing regional tensions have exacerbated the situation, leaving around 25 million people in need of humanitarian aid, according to the WHO. Adelheid Marschang, WHO's Senior Emergency Officer, highlighted that without immediate intervention, over one million children could face acute malnutrition. This condition not only poses severe health risks but also increases vulnerability to infections and diseases, requiring sustained treatment. The WHO has recorded over 20,000 cholera cases and 60,000 measles cases this year, though actual numbers are likely higher due to limited surveillance. Humanitarian efforts are further hindered by military presence, bureaucratic obstacles, and roadblocks, severely restricting access to aid and health facilities. The urgent call to action emphasizes the dire need for addressing basic needs in the DRC to prevent a deepening crisis and protect the millions of vulnerable children affected by the ongoing conflict and displacement. More Stories Ethiopia Death Toll from Ethiopian Landslides Rises to 157, Official Says Read More Community Jul 22, 2024 South Sudan South Sudan's Basketball Team: Forging a New countie's image Read More Sports Jul 22, 2024 Nigerian Manchester United Secure NIgerian-Danish Wonderkid Chido Obi-Martin from Arsenal Read More Sports Jul 21, 2024

Egypt Tops Medal Table as the 13th All-Africa Games Conclude Facebook X (Twitter) WhatsApp Copy link Prince Jean Mar 25, 2024 ​ Ofiicial Logo of All-Africa Games. @accra2023ag.com The 13th edition of the All-Africa Games, hosted in Ghana's capital, concluded on a triumphant note this Sunday. The event saw over 5,000 athletes from across the continent compete in 29 sports, marking a significant celebration of African sportsmanship and talent. The games received high praise for their organization and the level of competition, with Allah Kouamé, Vice-President of the African Cycling Confederation, commending the organizers for their exemplary work and highlighting the event as a platform for both confirming and unveiling sporting talents. Egypt emerged as the dominant force in the games, clinching a total of 189 medals, including 101 golds, solidifying their position at the top of the medal tally. They were closely followed by Nigeria, with 120 medals, and South Africa, with a total of 106 medals. Athletes enjoyed excellent competition conditions, complemented by near-perfect weather throughout the games. Dr. Kwaku Ofosu-Asare, the Executive Chairman of the Organizing Committee, shared insights into the infrastructure developments for the games, including the adoption of a hybrid model for the construction of new facilities and the modernization of existing ones. The aquatic center in Borteyman was highlighted as one of the best in Africa, a testament to the games' commitment to providing top-tier facilities for competitors. The games also offered spectators and sports enthusiasts memorable experiences , with high-level competitions across a variety of sports. A spectator shared their excitement about the diverse sports, nationalities, and the vibrant atmosphere the games brought to the country, underlining the event's success in bringing together people from different backgrounds in a celebration of sport. More Stories Ethiopia Death Toll from Ethiopian Landslides Rises to 157, Official Says Read More Community Jul 22, 2024 South Sudan South Sudan's Basketball Team: Forging a New countie's image Read More Sports Jul 22, 2024 Nigerian Manchester United Secure NIgerian-Danish Wonderkid Chido Obi-Martin from Arsenal Read More Sports Jul 21, 2024

5 Reasons The Future Of Tech Is African Facebook X (Twitter) WhatsApp Copy link Alison Marsh Sep 26, 2023 ​ Technological Innovation Crucial for Africa's Economic Growth - allAfrica.com Last week, 300 financial speculators dropped on Nairobi for the Kauffman Colleagues Culmination, one of the world's biggest funding social affairs - and whenever it first occurred in Africa. The narrative of innovation in Africa in numerous ways is likewise a fintech story. Most of Africa's 10+ unicorns are fintech organizations, a significant number of which I've canvassed in this section. Across 2021 and 2022, somewhere in the range of 40 and 60% of VC financing in Africa went towards fintech. Emerging from the occasion, the reverberating end is that the future of fintech - and likewise, innovation all the more extensively - in Africa is brilliant. The following are five motivations behind why. Africa Advantages Serious areas of strength for Tailwinds As Auguste Comte once said, "Socioeconomics is predetermination". Well maybe by broadening this rationale, our predetermination is African. Today, the landmass is 1.2b individuals, 3/4 of whom are under 35. Over 40% are under fifteen. By 2050, a fourth of the total populace will be African. Besides the fact that the hypothetical market developing is, the addressable innovation market is as well. As per research by Ingressive Capital, Africa has more than 90% portable entrance and 88% web infiltration. For setting, Sub-Saharan Africa has more portable clients than the US and the Unified Realm joined. Africans burn through 33% of their regular routines on their telephones. Something else FOR YOU The present 'Associations' Answers And Clues For Tuesday, September 26 WWE Crude Outcomes: Victors And Grades On September 25, 2023 GOP Names These Observers In First Biden Prosecution Request Hearing The African fintech market is projected to reach $65bn by 2030, addressing a 13-crease increment more than 2021. The innovation business especially is seeing tailwinds. While funding spending has cratered overall in 2022 and 2023, in Africa it is up almost 10%. The Innovative Flywheel Is Beginning There are north of ten unicorns in Africa (depending on how you count). This is multiple times more than there were 10 years prior. Furthermore, the time it took nearby new businesses to arrive at this achievement has abbreviated decisively. Interswitch required 14 years to arrive at that achievement. Andela took 7. All the more as of late, Kuda took just 3. Also, these organizations are not simply scaling, they are producing the up-and-coming age of pioneers. The nearby environment is currently ready with beginning phase investment, coaches, and a sense of the most proficient method to begin and scale. The soul of investment is exits. We are still early however there are arising data points. Shola Akinlade, the Chief of Paystack, sold his business for $200m to Stripe. Kopo as of late offered to Moniepoint. Flutterwave is supposed to Initial public offering before long. The impact of - mafias - bunches from specific organizations that proceed to have outsized impacts in their biological systems, is irrefutable. The U.S. may have the Paypal Mafia, MENAP the Careem Mafia, and Latam the Rappi Mafia (among others). There may before long be a couple of innovation mafias arising across the mainland. Shola made sense of that more than twelve new businesses were established by the Paystack graduated class for instance. Worldwide classes are being worked in Africa The smartest thoughts come from any place and scale all over the place. A significant number of these smartest thoughts have arisen in Africa. Portable cash was scaled effectively in Africa first by M-Pesa. More than 75% of the country's Gross domestic product streams toss M-Pesa and has without any assistance been answerable for banking the populace. Where M-Pesa is almost omnipresent in Kenya, in many of its adjoining markets monetary prohibition stays the standard. North of 300 versatile cash organizations exist in almost 100 nations - all roused by the first. Furthermore, versatile cash has turned into a stage whereupon others have fabricated. In the board I directed, Lawrence Kiambi the CFOCFO - 0.6% of KCB (perhaps of Kenya's biggest bank), and Chad Larson the Chief of Kopo (which as of late offered to Moniepoint) portrayed the scope of administrations that were conceivable, reasonable, and practical, because of M-Pesa - all that from home sun-powered lamps, to dealer acknowledgment, to vehicle supporting. African organizations are additionally extending universally. Flutterwave for example declared plans to scale to India New companies In Developing Business sectors Are Genuine Organizations New businesses in developing business sectors assemble camels rather than unicorns. In other words, they fabricate new businesses with genuine, dependable unit financial matters, and a solid groundwork. They develop at no expense. Subsequently, they are more ready to climate the slump when difficulties are out of control. An absence of investment is less inclined to down a Camel - they didn't rely on it no matter what upon it. Maybe this is one reason funding keeps on filling in the area. Allen Taylor, Overseeing Accomplice of Attempt Impetus (which has 33 speculations across the mainland) made sense of it: "It is simply stronger to "Arise Market pioneers. We've been putting resources into Africa for just about 10 years now and the degree of aspiration and ability is comparable to any place on the planet, including Silicon Valley. What separates organizers on the African landmass is that this desire and ability is combined with unequaled flexibility to 'remain alive' through harder times. Driving African Business People to Make Ventures With Significant Effect How could you back a startup interfacing you with canine walkers? This was the inquiry the Legislative head of Nairobi represented the gathering participants. He went on: "New businesses [in Africa] are building significant innovation - admittance to food, water monetary enablement." Mechanical development can accomplish such a great deal more than make our lives helpful. It can assist with making it conceivable. In rising environments all over the planet, new businesses Make showcases as opposed to Disturbing them - and that is where the biggest results have come from. That is the reason fintech across Africa isn't tied in with making something quicker/less expensive but rather about offering genuine benefits to clients, and at times in a real sense completely changing them. Jeff Harbach, the President of Kauffman Colleagues, "In the wake of expenditure the most recent fourteen days in Kenya, I accept that the fate of tech has a home in Africa. What's more, this future will be driven by Kenya's (and Africa's) most prominent asset: its kin. The ability, the drive, and the outlook of individuals proceed to develop and get further." More Stories Ethiopia Death Toll from Ethiopian Landslides Rises to 157, Official Says Read More Community Jul 22, 2024 South Sudan South Sudan's Basketball Team: Forging a New countie's image Read More Sports Jul 22, 2024 Nigerian Manchester United Secure NIgerian-Danish Wonderkid Chido Obi-Martin from Arsenal Read More Sports Jul 21, 2024

Soccer-Jackson's Late Goal Seals Chelsea's Thrilling 3-2 Victory Over Forest Facebook X (Twitter) WhatsApp Copy link Prince Jean May 12, 2024 ​ Chelsea's Nicolas Jackson celebrates his decisive goal in their dramatic 3-2 win against Nottingham Forest, keeping their European dreams within reach. Credit: gettyimages Late goals from Raheem Sterling and Nicolas Jackson clinched a narrow 3-2 victory for Chelsea over Nottingham Forest, complicating Forest's Premier League survival plans. While Forest came tantalizingly close to ensuring their stay in the top flight, the win keeps Chelsea’s hopes alive for a European spot next season. Chelsea's Ukrainian winger Mykhailo Mudryk also found the back of the net, contributing to the team's seventh-place standing with just two matches left in the season. Mauricio Pochettino's side is now set to face Brighton & Hove Albion and Bournemouth in their final games, seeking to end an otherwise inconsistent campaign on a high note. Nottingham Forest, positioned 17th, are three points ahead of Luton Town but remain vulnerable as they face a crucial encounter against already relegated Burnley. Despite their superior goal difference offering a significant advantage, the uncertainty of football looms large. "You never know in football," remarked Forest midfielder Callum Hudson-Odoi, emphasizing the unpredictability ahead of their season finale. More Stories Ethiopia Death Toll from Ethiopian Landslides Rises to 157, Official Says Read More Community Jul 22, 2024 South Sudan South Sudan's Basketball Team: Forging a New countie's image Read More Sports Jul 22, 2024 Nigerian Manchester United Secure NIgerian-Danish Wonderkid Chido Obi-Martin from Arsenal Read More Sports Jul 21, 2024

Suspected Islamists Kill 16 in Eastern Congo Facebook X (Twitter) WhatsApp Copy link Ayize claire Jun 6, 2024 ​ At least 16 people have been killed by a suspected Islamist rebel group in North Kivu province, according to a local official. The attack, attributed to the Allied Democratic Forces (ADF), highlights the ongoing violence in the region. Fabien Kakule Viriro, a local administration official, reported the incident on Wednesday, stating, "We believe that the ADF are the perpetrators of this attack. They took advantage of the departure of the military in the area to come and kill the population." The victims were brutally attacked with machetes while in their homes or fields. Some were executed as they attempted to escape, added Viriro. The ADF, originally a Ugandan insurgent group, has been operating from the jungles of eastern Congo for nearly three decades. The group is allied with the Islamic State, further complicating the security situation in the region. This latest attack underscores the persistent threat posed by the ADF in North Kivu and the challenges faced by local communities in the absence of adequate military protection. The international community continues to monitor the situation , seeking ways to support peace and stability in the Democratic Republic of Congo. More Stories Ethiopia Death Toll from Ethiopian Landslides Rises to 157, Official Says Read More Community Jul 22, 2024 South Sudan South Sudan's Basketball Team: Forging a New countie's image Read More Sports Jul 22, 2024 Nigerian Manchester United Secure NIgerian-Danish Wonderkid Chido Obi-Martin from Arsenal Read More Sports Jul 21, 2024

Mauritania’s President Ghazouani Wins Re-Election: Provisional Results Facebook X (Twitter) WhatsApp Copy link louis Buyisiwe Jul 1, 2024 President Ghazouani casting his vote Mauritanian President Mohamed Ould Ghazouani has secured a second term in office, according to provisional results from over 99.27% of polling stations released by the West African nation's electoral commission on Sunday. Ghazouani was re-elected in the Saturday election with over 56% of the vote, results from 4,468 out of 4,503 polling stations showed on the independent electoral commission's website. The 67-year-old former army chief of staff and defense minister, first elected in 2019, has pledged to boost investment to spur a commodities boom in the West African country of 5 million people, as it prepares to start producing natural gas by the end of the year. Election Results and Reactions Analysts had expected Ghazouani, who faced six challengers, to win in the first round, given the dominance of Mauritania's ruling party. The provisional results showed that his main rival, anti-slavery activist Biram Dah Abeid, secured 22.14% of the vote, followed by Hamadi Sidi El Mokhtar of the Islamist Tewassoul party with 12.8%. Earlier on Sunday, Abeid rejected the provisional results , alleging irregularities. "We'll not accept these results from the so-called independent electoral commission. We'll use our own electoral commission to proclaim the results," Abeid stated at a news conference in Nouakchott, the capital. Before the election, El Mokhtar also warned that his party would not accept the results if it suspected rigging. Historical Context In the 2019 election, some opposition candidates questioned the credibility of the vote, leading to small-scale protests. Preliminary figures showed the turnout at Saturday's vote was just under 55.33%, according to the commission's data. Future Prospects Ghazouani's victory positions him to continue his plans for economic growth and development, focusing on the natural gas sector. With Mauritania's potential for a commodities boom, his administration aims to attract significant investment to fuel this growth. More Stories Ethiopia Death Toll from Ethiopian Landslides Rises to 157, Official Says Read More Community Jul 22, 2024 South Sudan South Sudan's Basketball Team: Forging a New countie's image Read More Sports Jul 22, 2024 Nigerian Manchester United Secure NIgerian-Danish Wonderkid Chido Obi-Martin from Arsenal Read More Sports Jul 21, 2024

Nigerian Singer Asake Headlines 2024 Afronation Portugal Facebook X (Twitter) WhatsApp Copy link louis Buyisiwe Jun 27, 2024 Nigerian Singer Asake Nigerian singer Asake headlined the 2024 Afronation concert in Portugal on Wednesday, delivering an electrifying performance that thrilled fans. Asake captivated the audience at the opening ceremony with his hit singles, setting a high-energy tone for the event. One of the highlights of his performance was the full rendition of ‘Fuji Extravaganza,’ a highly anticipated single from his upcoming album, ‘Lungu Boy.’ Fans eagerly absorbed the new track, adding to the excitement surrounding his forthcoming album release. Afronation 2024 Portugal, running from June 26 to 28 at Algarve Portimao , is one of the most prominent music festivals in the world. Celebrating Africans in the diaspora, Afronation attracts a global audience and features top African artists, making it a significant event on the international music calendar. More Stories Ethiopia Death Toll from Ethiopian Landslides Rises to 157, Official Says Read More Community Jul 22, 2024 South Sudan South Sudan's Basketball Team: Forging a New countie's image Read More Sports Jul 22, 2024 Nigerian Manchester United Secure NIgerian-Danish Wonderkid Chido Obi-Martin from Arsenal Read More Sports Jul 21, 2024

Rwanda Polls:Over 10,000 Rwandese nationals in Uganda registered to vote Facebook X (Twitter) WhatsApp Copy link Ayize claire Jul 12, 2024 Rwandans vote in Uganda August 3, 2017 As the Rwandan elections approach, over 10,000 Rwandese nationals residing in Uganda have registered to vote, according to Joseph Rutabana, the Rwanda High Commissioner to Uganda. Rutabana shared this news while addressing journalists at the Rwanda High Commission on Friday. To be eligible to vote, individuals must be Rwandan citizens registered by the National Electoral Commission. While Rwanda will hold its elections on Monday, Rwandans living in Uganda are scheduled to vote a day earlier, on Sunday. The presidential race features incumbent President Paul Kagame of the Rwandan Patriotic Front (RPF), opposition candidate Frank Habineza of the Democratic Green Party (DGP), and independent candidate Philippe Mpayimana. Frank Habineza, 47, noted significant improvements in the campaign atmosphere compared to 2017. "People were not used to us. They thought we were enemies of the country. The reception was very bad; we were sent to campaign in graveyards, had stones thrown at us, and were beaten in some places,” he said. More Stories Ethiopia Death Toll from Ethiopian Landslides Rises to 157, Official Says Read More Community Jul 22, 2024 South Sudan South Sudan's Basketball Team: Forging a New countie's image Read More Sports Jul 22, 2024 Nigerian Manchester United Secure NIgerian-Danish Wonderkid Chido Obi-Martin from Arsenal Read More Sports Jul 21, 2024

Super Falcons Secure Paris Olympics Berth After Holding Banyana Banyana to Goalless Draw Facebook X (Twitter) WhatsApp Copy link Prince Jean Apr 10, 2024 ​ A thrilling duel on the pitch. Photo: Instagram/banyanabanyana In a closely contested match at Loftus Versfeld Stadium in Pretoria, the Nigerian national women's football team, the Super Falcons, secured their place in the Paris Olympics by holding South Africa's Banyana Banyana to a goalless draw. Despite numerous opportunities for both sides, the deadlock remained unbroken, allowing the Super Falcons to advance with a 1-0 aggregate score, courtesy of their first-leg victory in Abuja. The match was characterized by its intensity and physicality, with both teams demonstrating a strong desire to clinch the Olympic ticket. Nigeria's strategic play was evident, with a solid defensive line that successfully thwarted the South African attempts to score. Key moments included a significant save by Nigerian goalkeeper Chiamaka Nnadozie and strategic substitutions by Coach Randy Waldrum, aimed at bolstering the Super Falcons' attack and maintaining their lead. The introduction of star player Asisat Oshoala in the second half invigorated Nigeria's offensive efforts, although the team remained primarily focused on defense to secure their qualification. The Super Falcons' qualification for the Paris Olympics marks a significant achievement for Nigerian women's football, highlighting their resilience and teamwork. This accomplishment signifies their return to the Olympic stage after a 16-year absence, promising an exciting campaign in Paris and reinforcing their position as a formidable force in international women's football. The match not only showcased the talents and determination of the players but also the tactical acumen of the coaching staff, contributing to the Super Falcons' continued success on the global stage. More Stories Ethiopia Death Toll from Ethiopian Landslides Rises to 157, Official Says Read More Community Jul 22, 2024 South Sudan South Sudan's Basketball Team: Forging a New countie's image Read More Sports Jul 22, 2024 Nigerian Manchester United Secure NIgerian-Danish Wonderkid Chido Obi-Martin from Arsenal Read More Sports Jul 21, 2024

'House of the Dragon’ Season 2 Premieres This Weekend: A Must-Read for African Fans Facebook X (Twitter) WhatsApp Copy link Prince Jean Jun 15, 2024 ​ As the much-anticipated second season of "House of the Dragon" premieres this weekend, African fans are gearing up for another thrilling journey into the world of Westeros. The prequel to the globally acclaimed "Game of Thrones" series has captivated audiences across the continent, becoming a mega hit. Here's everything you need to know before diving back into the Targaryen saga. Since its debut, "House of the Dragon" has seen immense popularity in Africa. The series' intricate storytelling, rich character development, and breathtaking visuals have resonated deeply with African viewers. According to streaming data, the show's viewership numbers in countries like Nigeria, South Africa, and Kenya have skyrocketed, solidifying its status as a cultural phenomenon. Recap of Season 1: Season 1 introduced us to the complex dynamics within the Targaryen family, setting the stage for intense political intrigue and epic battles. Key characters like Princess Rhaenyra Targaryen and Prince Daemon Targaryen quickly became fan favorites, and their power struggles have kept viewers on the edge of their seats. The season ended with major cliffhangers, leaving fans eagerly awaiting the next chapter. What to Expect in Season 2: The upcoming season promises even more drama and action. Showrunners have hinted at the deepening of existing conflicts and the introduction of new, formidable characters. Expect to see more dragons, more battles, and more of the intense political maneuvering that has become the hallmark of the series. "House of the Dragon" has not only entertained but also inspired. African artists, cosplayers, and content creators have embraced the series, producing fan art, costumes, and videos that celebrate their favorite characters and scenes. The show has sparked discussions and debates across social media platforms, with hashtags like #HouseoftheDragonAfrica trending frequently. Beyond its entertainment value, "House of the Dragon" has provided a platform for African audiences to connect with a global narrative. The themes of power, loyalty, and family resonate universally, and the show’s success in Africa underscores the continent's importance as a significant market for international media. As you prepare to immerse yourself in the second season of "House of the Dragon," remember the impact this series has had across Africa. Join the conversation, share your thoughts on social media, and enjoy the spectacle that awaits. With its gripping storylines and unforgettable characters, "House of the Dragon" continues to capture the hearts of viewers worldwide. More Stories Ethiopia Death Toll from Ethiopian Landslides Rises to 157, Official Says Read More Community Jul 22, 2024 South Sudan South Sudan's Basketball Team: Forging a New countie's image Read More Sports Jul 22, 2024 Nigerian Manchester United Secure NIgerian-Danish Wonderkid Chido Obi-Martin from Arsenal Read More Sports Jul 21, 2024

Davido to Headline Raha Fest 2024 Among Other Renowned Performers Facebook X (Twitter) WhatsApp Copy link Prince Jean Mar 30, 2024 ​ Raha Fest, the continent's premier festival celebrating music, arts, and culture, is set to unfold over two days at Uhuru Gardens. @gossipssworld The inaugural Raha Festival, touted as Africa's grandest celebration of music, arts, and culture, is set to commence today at Uhuru Gardens. This event, spanning March 30th and 31st, 2024, promises a memorable fusion of musical performances, art showcases, and cultural exhibitions. The festival has successfully attracted a host of international and Kenyan talent to its stage for this two-day extravaganza. Raha Fest 2024 is designed to offer a plethora of experiences, from art installations and cultural showcases to gourmet food stalls and engaging workshops. Its primary objective is to foster unity among diverse groups through the appreciation of African artistry and cultural heritage. Leading the lineup is the internationally acclaimed Afrobeat superstar Davido, known for his energetic performances and a string of hits including " Unavailable ft Musa Keys ," " Feel ," " Fall ," "If ," and " FEM ." His presence at the festival underscores its significance in the African entertainment landscape. The festival will kick off with Davido sharing the stage with the talented Musa Keys, marking the beginning of a remarkable international showcase. Adding to the festival's allure are Nigerian talents Iyanya, Logos Olori, Olori, Morravey, and the celebrated DJ Neptune. The Kenyan music scene will be well-represented on the second day, featuring performances by Mejja, Samidoh, and Femi One among others. The second day continues with an impressive roster including Otile Brown, Bensoul, H-art the Band, Nadia Mukami, Boutross, Nviiri the Storyteller, Sanaipei Tande, and Melina Gold. Ghana's King Promise and the gifted Ya Levis from the Democratic Republic of Congo will also grace the stage, promising an unforgettable musical journey. King Promise, visiting Kenya for the first time, expressed his excitement and anticipation for delivering a memorable performance, inviting fans to partake in what promises to be a historic event. Tickets are available for purchase online through Ticket Sasa and Ticket Yetu, with prices set at KES 6000 for a regular weekend pass and KES 12000 for a VIP weekend pass. The gates will open at 12 PM, inviting attendees to immerse themselves in a celebration of African creativity and diversity. More Stories Ethiopia Death Toll from Ethiopian Landslides Rises to 157, Official Says Read More Community Jul 22, 2024 South Sudan South Sudan's Basketball Team: Forging a New countie's image Read More Sports Jul 22, 2024 Nigerian Manchester United Secure NIgerian-Danish Wonderkid Chido Obi-Martin from Arsenal Read More Sports Jul 21, 2024

Ethiopia's Economic Growth Forecast at 7.9% :Agriculture and Exports Fuel Optimism Facebook X (Twitter) WhatsApp Copy link louis Buyisiwe Mar 7, 2024 ​ Macroeconomic Performance Indicates Ethiopia's Economy to Grow by 7.9 Percent: Ministry The Ethiopian Ministry of Planning and Development has projected a significant economic growth of 7.9% for the fiscal year 2023/2024, following a commendable 7.2% growth in the previous year. This announcement was made during a comprehensive second-quarter performance review session, which was presided over by Prime Minister Abiy Ahmed. The review emphasized the substantial progress across key sectors, attributing the positive forecast to the concerted efforts in governance, social, and economic developments. Agricultural and Industrial Surge A pivotal factor in this optimistic forecast is the remarkable performance in the agricultural sector, where a record-breaking harvest of 496.9 million quintals was reported over six months, surpassing the previous year's figures. This agricultural boom, alongside a 10% growth in the industrial sector, sets a solid foundation for the anticipated economic expansion. These sectors' achievements underscore Ethiopia's potential to maintain strong growth momentum. Export and Investment Gains Ethiopia's export sector has demonstrated significant strides, notably earning over $4.5 billion from service exports alone. The nation's Foreign Direct Investment (FDI) landscape has also seen marked improvements, indicating a growing confidence among international investors. These developments are crucial drivers for the country's economic resilience and are expected to play a central role in achieving the projected growth rate. More Stories Ethiopia Death Toll from Ethiopian Landslides Rises to 157, Official Says Read More Community Jul 22, 2024 South Sudan South Sudan's Basketball Team: Forging a New countie's image Read More Sports Jul 22, 2024 Nigerian Manchester United Secure NIgerian-Danish Wonderkid Chido Obi-Martin from Arsenal Read More Sports Jul 21, 2024