Capitalethiopia

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#ispot France Supports Ethiopia’s Quest for Sea Access through Discussion French President Emmanuel Macron said his country supports Ethiopia’s quest for access to the sea through discussion and respecting international laws and neighboring countries. Macron spoke on Saturday after a one-day visit to Addis Ababa, where he held bilateral talks with Ethiopian Prime Minister Abiy Ahmed. During a news conference, Macron welcomed the Ankara Declaration reached by the Federal Democratic Republic of Ethiopia and the Federal Republic of Somalia on Dec. 11 Read More (https://lnkd.in/d3xxKzXa)

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#ispot Kenya’s Ruto Embraces Rivals to Shore up Support Kenya’s President William Ruto has incorporated even more opposition figures to his cabinet in a move seen as trying to solidifying his hold on power amidst increasing criticism of his administration…[A]nalysts see the inclusion of the opposition as a strategy to address the unpopularity of his government, especially in the key central Kenya region that has become hostile following the recent impeachment of Rigathi Gachagua as deputy president Read More (https://lnkd.in/dQYdbkkw)

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#ispot IPDC Commits to Enhancing Involvement of Fujian Investors in Ethiopia The Industrial Parks Development Corporation (IPDC) has announced its dedication to increasing the engagement of investors from Fujian province in Ethiopia. During a meeting with senior officials from Fujian, CEO Fissheha Yitagesu (PhD) emphasized that the IPDC will offer support and undertake monitoring and follow up to ensure greater participation of investors from Fujian in Ethiopia. Read More (https://lnkd.in/d2ARX47J)

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#ispot Building strong municipal financial systems is vital for sustainable urban development in Africa A resilient and financially empowered city is essential to the country’s broader goals of industrialization, economic transformation, and inclusive, and sustainable growth, says Atkeyelsh Persson, Chief, Urbanization and Development Section, Gender, Poverty and Social Policy Division, of the Economic Commission for Africa. Persson was speaking on behalf of Sweta Saxena, Director of the Gender, Poverty, and Social Policy Division, ECA at a Senior Officials and Experts Meeting, to review and validate the Financial Performance Assessment Report of Addis Ababa City in Bishoftu, Ethiopia. Read More (https://lnkd.in/dc6GrqrQ)

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#ispot Africa’s critical mineral resources, a boon for intra-African trade and regional integration Africa – rich in critical minerals – will accelerate intra-continental trade and harness its natural resources for sustainable development by rolling out effective trade policies, to benefit from the global rush for green energy transition. With approximately 30% of the world’s mineral reserves, including cobalt, lithium, and nickel, which are considered essential for the green transition, African countries need to exploit these resources to drive its development, particularly trade and industrialization, experts say. Read More (https://lnkd.in/dKMc_Kse)