Ubuntu-it's a word describing an African worldview, which translates as "I am because you are," and which means that individuals need other people to be fulfilled. And that is what this blog is all about.My contact details are: Ayoub Mzee- Tel +447960811614, email: swahilidiaries@yahoo.co.uk. Alternatively you can watch my program- swahili diaries on BEN TV SKY 184 or www.bentelevision.com every week Tuesdays at 10pm and Sundays at 10AM. Enjoy News stories in Photographs
Friday, 13 March 2020
Saturday, 14 December 2019
Afreximbank Branch Office to Serve as Gateway into Central Africa
Media Contact: Obi Emekekwue (oemekekwue@afreximbank.com; Tel. +202-2456-4238)
Luc Magloire Mbarga Atangana, Minister of Trade of Cameroon (centre), and Afreximbank Executive Vice President Amr Kamel (2nd right), joined by (L-R) Obi Emekekwue, Director, Communications and Events, Afreximbank; Rene Awambeng, Director, Client Relations, Afreximbank; and Alain Thierry Mbongue, Afreximbank Regional Chief Operating Officer, Francophone West and Central Africa, following the opening of the roadshow in Yaounde.
Yaounde, 11 Dec. 2019: – The new branch office being opened by the African Export-Import Bank (Afreximbank) in Yaounde will serve as the Bank’s gateway to the Central African region, Amr Kamel, Afreximbank’s Executive Vice President for Business Development and Corporate Banking, has said.
Speaking during a roadshow organised in Yaounde to present the Bank’s products, programmes and facilities to the business community, Mr. Kamel said that the office would bring the Bank closer to local businesses in the region.
“We are in the final stages of discussions with the Government authorities to open the branch office,” he told the audience of more that 250 business leaders from all the key sectors of the Cameroonian economy.
Mr. Kamel noted that many African countries were taking strategic steps towards decommoditizing their exports and implementing industrialization strategies, saying that they were tired of being heavily commodity-dependent.
Many Africans could no longer accept a situation where their development aspirations were defined by the vagaries of the international commodity markets, he explained.
He commended the role given to Afreximbank in mobilizing all parties towards the attainment of the goals of Cameroon’s Vision 2035 and pledged that the Bank was committed to assisting both the government and the private sector.
Luc Magloire Mbarga Atangana, Minister of Trade of Cameroon, commended Afreximbank for the decision to hold the roadshow in Yaounde and for selecting Cameroon to host the Central Africa Branch Office.
He urged the business leaders in attendance to take full advantage of the services offered by Afreximbank in order to exploit the opportunities opened up by the implementation of the African Continental Free Trade Area (AfCFTA).
Mr. Atangana noted that, with the AfCFTA, Africa had become one huge market of 1.2 billion people to which businesses in Cameroon and the Central Africa region could sell their products.
In the presentations that followed, members of the Afreximbank business team discussed the various products, programmes and facilities offered by Afreximbank to promote and support trade across Africa.
The presentations covered intra-African trade; export development and project finance; trade finance; specialised finance; and guarantees.
On 10 December, Afreximbank organised a similar roadshow in Douala, Cameroon, which also attracted more than 250 business leaders representing the various sectors of the economy.
Thursday, 12 December 2019
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12/11/2019 01:45 PM EST
Michael R. Pompeo, Secretary of State
Today, the United States is taking action against three Iranian entities linked to the proliferation of weapons of mass destruction (WMD) and sanctioning eight other entities that helped smuggle weapons from Iran to Yemen. The State Department is announcing the designation of the Islamic Republic of Iran Shipping Lines (IRISL), its China-based subsidiary, E-Sail Shipping Company Ltd, and the Iranian airline Mahan Air under Executive Order 13382, which targets proliferators of WMD and their delivery systems, as well as their supporters. The Iranian regime has continued to procure proliferation-sensitive items in violation of UN Security Council Resolution 2231. These designations should serve as a warning that doing business with IRISL, E-Sail, or Mahan Air risks contributing to Iran’s proliferation-sensitive programs, including its nuclear and missile programs. To allow exporters of humanitarian goods to Iran sufficient time to find alternate shipping methods, the designations for IRISL and E-Sail Shipping Company Ltd will have a brief wind-down period. The designation of Mahan Air and three of its general sales agents is effective immediately. |
Friday, 6 December 2019
Monday, 2 December 2019
Sunday, 1 December 2019
Tuesday, 26 November 2019
ITFC and Afreximbank sign $100 Million Credit Facility
Media Contact: Adaeze Anyaoku (aanyaoku@afreximbank.com; Tel. +202-2456-4055)
Afreximbank President Prof. Benedict Oramah (right) and ITFC CEO Hani Sonbol shake hands after signing $100 million credit facility agreement in Egypt’s New Capital City yesterday, as Egyptian Prime Minister Mostafa Madbouly (left) and Minister of Investment and International Cooperation Dr. Sahar Nasr look on.
New Capital City, Egypt, 25 Nov. 2019: The International Islamic Trade Finance Corporation (ITFC) yesterday in Egypt’s New Capital City signed an agreement to provide a $100-million credit facility to the African Export-Import Bank (Afreximbank) to promote Arab-Africa trade and investments.
The signing ceremony took place at the Africa 2019: Investment in Africa Forum, with Afreximbank President Prof. Benedict Oramah and ITFC CEO Hani Sombol signing on behalf of their two organisations in the presence of Egyptian Prime Minister Mostafa Madbouly and Minister of Investment and International Cooperation Dr. Sahar Nasr.
The agreement states that the facility will help finance and derisk trade flows between the Arab and Africa regions, thereby raising the level of trade, which currently stands at about $500 million. It will also help in leveraging other Arabian funds in support of Arab investments in Africa.
The facility is part of the Afreximbank/ITFC Arab-Africa Trade and Investment Promotion Programme launched by the two organisations about two years ago and is aimed at deepening the partnership between them.
Wednesday, 20 November 2019
Africa industrial Day
https://livestream.com/AfricanUnion/events/8901797/videos/199116525?origin=stream_live&mixpanel_id=13bef88d7fc339-0276c299a472ca-43612442-13c680-13bef88d7fd38d&acc_id=4004048&medium=email
https://livestream.com/AfricanUnion/events/8901797/videos/199116525?origin=stream_live&mixpanel_id=13bef88d7fc339-0276c299a472ca-43612442-13c680-13bef88d7fd38d&acc_id=4004048&medium=email
https://livestream.com/AfricanUnion/events/8901797/videos/199116525?origin=stream_live&mixpanel_id=13bef88d7fc339-0276c299a472ca-43612442-13c680-13bef88d7fd38d&acc_id=4004048&medium=email
Monday, 18 November 2019
Afreximbank says Export Risk Guarantee Body Will Boost Egypt’s Role as Intra-African Trade Hub
Media Contact: Obi Emekekwue (oemekekwue@afreximbank.com; Tel. +202-2456-4238)
Cairo, 15 Nov. 2019: – Egypt’s decision to establish an export risk guarantee company will give a major boost to the country’s role as a critical hub for intra-African trade and allow it to be a key driver in the implementation of the African Continental Free Trade Area agreement, Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), said today in Cairo.
Welcoming the announcement that the Board of Directors of the Central Bank of Egypt (CBE) had approved the establishment of an Export Credit Risk Guarantee company with a capital of $600 million, Prof. Oramah said that the company will make it possible for Egypt to take advantage of the many promising opportunities for trade between it and other African countries.
He said that the company would greatly compliment Afreximbank’s service offerings promoting Egypt-Africa trade by creating more capacity, noting that the Bank had provided an aggregate of about $7.5 billion in support of Egypt-Africa trade and contract financing in the past few years.
“Afreximbank will share risks with the Export Credit Risk Guarantee company and will fund projects covered by the company where necessary,” stated the President, who went on to congratulate CBE Governor Tarek Amer and the CBE Board for their initiative in setting up the company.
The establishment of the company follows an in-depth study carried out by the Central Bank in partnership with the Afreximbank, which highlighted that lack of required financial services, lack of information, high levels of risk and high cost of financing were hindering investors and banks from taking advantage of opportunities for trade between Egypt and other African countries.
The study also pointed out that, given its economic potential, geographical location and strong relationship with other African countries, Egypt had the capacity to support African trade if the necessary banking entities and supporting instruments were available.
The Board of Directors of the Central Bank subsequently, in June 2019, approved the appointment of a technical office nominated by Afreximbank to work toward the establishment of the company.
The new company will provide strategic support for Egyptian industrial and export services to the rest of Africa and will support Egyptian companies by helping them to win contract for major projects with African governments, which are estimated to be worth $60 billion annually.
Sunday, 17 November 2019
cretary Michael R. Pompeo At the Global Coalition to Defeat ISIS Small Group Ministerial
Yahoo/Inbox
- U.S. Department of StateTo:swahilidiaries@yahoo.co.uk14 Nov at 17:21
Saturday, 16 November 2019
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Mwenyekiti wa Taasisi ya Vyombo vya Habari Kusini mwa Africa (MISA) tawi la Tanzania Salome Kitomari akienelea kutoa elimu juu ya waandishi wa kujua umuhimu wa kuendelea kusoma kwa kuwa elimu haina mwisho
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Waandishi wa habari wa mkoa wa Iringa wakiwa makini kusikiliza mjadala ambao ulikuwa unaendelea kuhusu umuhimu wa elimu ya uandishi wa habari
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh3H5DCrpE5a8sVx-qGcTyX86MJ2-r2D_kA0m8WusM1iBWfSbYLz8oOefUPteSzycOMnIQtEcC8KBhRHJarQG0L079eE1I516SaRa4NGPo4JpJjGeTezQZST2gRVnc7bqrSp846NE2EbvWR/s1600/IMG_5359.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;">
Waandishi wa habari wa mkoa wa Iringa wakiwa makini kusikiliza mjadala ambao ulikuwa unaendelea kuhusu umuhimu wa elimu ya uandishi wa habari
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Waandishi wa habari na wadau wa habari wa mkoa wa Iringa wakiwa kwenye picha ya pamoja na viongozi wa MISA Tanzania
NA FREDY MGUNDA,IRINGA.
Wanahabari mkoa wa Iringa wametakiwa kuongeza
kiwango cha elimu ili kuweza kufanya kazi kwa kujiamini na kwa weledi wa hali
ya juu katika kazi zao.
Akizungumza kwenye majadiliano ya kubaini
changamoto za waandishi wa habari mkoani Iringa mwenyekiti wa Taasisi ya Vyombo
vya Habari Kusini mwa Africa (MISA) tawi la Tanzania kwa kushirikiana na
Internews,Salome Kitomari alisema kuwa waandishi wa habari mkoani Iringa
wanatakiwa kufanya kazi kwa weledi kutokana na elimu uliyonayo.
“Waandishi wakiwa na elimu ya uandishi wa
habari wanapaswa kuishi maisha yaliyo mazuri kwa manufaa ya jamii kwa kuwa
waandishi wa habari ni kioo cha jamii,mwandishi unapaswa kujiuliza kwenye jamii
unaonekanaje kutokana na kazi yako” alisema Kitomari
Kitomari alisema kuwa waandishi wa habari
wanatakiwa kuwa nadhifu muda wote kutokana na taaluma inavyotaka ili kuweza
kutambulika kisheria kama taaluma nyingine ambazo zinatambuliwa vizuri kwa
muonekano wao kwa wanataaluma wao.
“Waandishi wa habari mnatakiwa kuvaa mavazi
nadhifu kama ilivyo wanasheria ambavyo wamekuwa wanaonekana wawapo kazini ndio
maana wanaaminika zaidi ya waandishi wa habari hivyo inatupaswa kubadilika
kimuonekano” alisema Kitomari
Aidha Kitomari alisema ikifika 2021 kama huna
elimu ya stashada ya elimu ya uandishi wa habari hautakuwa na fursa ya
kuendelea kufanya kazi ya uandishi wa habari kwa mujibu wa sheria za nchi hii.
“Kama
ujaanza kusoma stashada ya elimu ya uandishi wa habari basi ikifika 2021
utakuwa hujamaliza hivyo hutakuwa na sifa za kuwa mwandishi wa habari hasa
usisubili changamoto hiyo ikukute jiongeze kitaaluma.” Alisema Kitomari
Lakini katika majadiliano ya kubaini changamoto
kwa waandishi wa habari mkoani Iringa kuliibuka changamoto kama tatizo la
uchumi kwa mwandishi mmoja mmoja ambapo ilionekana waandishi wengi hawaandiki
habari kiweledi kutokana na na tatizo la kiuchumi.
Raymond Minja mwandishi wa gazeti la Mtanzania
alisema kuwa waandishi wengi wa sasa wamekuwa wakiandika habari za kusifu na
kuabudu kutokana na tatizo la uchumi kwa kuandika kile kitu anachokita mtoa
habari.
“Tunaandika sana habari za kusifu na kuabudu
kutokana na waandishi wengi kuwategemea watoa habari ambao mara nyingi wanakuwa
viongozi wa kada mbalimbali na kupelekea kutoka katika misingi ya taaluma ya
uandishi wa habari” alisema Minja
Waandishi wa habari wanachuki wao kwa
wao,hawapendani na wanaubinafsi kutokana na tatizo la changamoto ya uchumi duni
hiyo kupelekea waandishi wengi kuanza kutoka kwenye weledi wa taaluma hiyo,
alisema Denis Mlowe mwandishi wa gazeti la Tanzania Daima
Thursday, 14 November 2019
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