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UNDISCOVERED THINGS ABOUT MERCEDEZ BENZ GIWAGON

 

2025 Mercedes-Benz G550© Motor1.com Copyright

The not-for-America G450d also gets mild-hybrid technology.

There's a new-ish G-Class that looks a lot like the old one. However, Mercedes has made some changes underneath the skin, chief of which is an inline-six replacing the V8 inside the G550. Over in Europe, the diesel engine is sticking around and is even getting more power. That's a nice surprise considering how strict emissions regulations are in the EU.

Although images are not available, the old G400d is being retired to make way for the G450d. It uses an evolution of the 3.0-liter, inline-six turbodiesel engine massaged to pump out 362 horsepower and 553 pound-feet of torque. That gives it an advantage of 36 hp and 37 lb-ft over its predecessor. In addition, the new diesel has a mild-hybrid setup with an electric motor good for another (albeit temporary) 20 hp and 148 lb-ft.

While the pre-facelift Mercedes G400d did 0 to 62 mph in 6.4 seconds, its replacement takes only 5.8 seconds. Top speed remains unchanged, at 130 mph. This not-for-America flavor of the iconic G-Wagen has about 140 lb-ft more torque than the G550 but it's down on horsepower by 81 hp. The new G450d is only about half a second slower in the sprint than the G550.

Mercedes hasn't finished refreshing the G-Class since a fully electric variant is coming later this year, possibly without "EQ" branding. Over in China, the venerable off-roader is also sold with a four-cylinder gasoline engine as the G350 with just 255 hp and 273 lb-ft of twist. A plug-in hybrid variant doesn't seem to be on the agenda even though most other Mercedes models can be had with a PHEV setup.

A Smaller G Is Coming:

Source: Mercedes-Benz

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Yen sinks to 34-yr low near 152 vs. dollar as BOJ to remain dovish

Story by Kyodo News
 • 6h • 2 min read

The yen briefly fell to a 34-year low near the 152 line against the U.S. dollar in Tokyo on Wednesday, as the yen was sold on expectations the Bank of Japan will maintain its accommodative stance despite raising interest rates.

The yen hit around 151.97 per dollar after BOJ board member Naoki Tamura said short-term interest rates would remain near zero for the time being, even though the central bank took a step toward normalizing policy by ending negative interest rates last week.

Investors have been selling the yen for the dollar amid a wide interest rate differential between Japan and the United States, as their central banks have been pursuing divergent ultraloose and tight monetary policies, respectively.

At noon, the U.S. dollar fetched 151.88-91 yen compared with 151.50-60 yen in New York and 151.32-34 yen in Tokyo at 5 p.m. Tuesday.

The euro was quoted at $1.0824-0828 and 164.39-49 yen against $1.0825-0835 and 164.10-20 yen in New York, and $1.0841-0843 and 164.05-09 yen in Tokyo late Tuesday afternoon.

Stocks climbed as the yen's depreciation lifted exporters, which benefit from a weaker yen when repatriating profits from overseas.

The 225-issue Nikkei Stock Average rose 406.82 points, or 1.01 percent, from Tuesday to 40,804.85. The broader Topix index was up 24.65 points, or 0.89 percent, at 2,805.45.

Investors also took the opportunity to scoop up a wide range of shares following a dip earlier this week, with the market further supported by buying to secure dividends ahead of the end of the fiscal year, analysts said.

"Japanese stocks have reached this level due to prevailing bullish sentiment," with active buying among individual investors helping to limit any declines, said Chihiro Ota, assistant general manager of investment research at SMBC Nikko Securities Inc.

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Limited drone photography OK'd at west Japan 'castle in the sky'

Story by The Mainichi
 • 12h • 2 min read

TAMBA, Hyogo -- For a limited time, drone photography will be allowed at a west Japan site known as the "castle in the sky."

The lofty Takeda Castle Ruins are located on top of a mountain in Asago, Hyogo Prefecture. For the safety of visitors and to protect the cultural property, photography by drone is banned except with special permission.

However, with growing requests from drone enthusiasts and others, a trial was held over 12 days while the mountain site was closed in February. The Asago City Tourism Association received positive feedback from the limited number of invited participants, such as "I'd like to visit again in another season," and, "We could capture panoramic views of the magnificent mountain castle."

Drones will be permitted on a reservation basis between 6 and 8 a.m., before the site opens to general visitors, on Thursdays between March 28 and May 30. Photographers will likely aim for scenes of the ruins amid cherry blossoms and fresh spring foliage.

Daily reservations are on a first-come, first-served basis, and priced at 60,000 yen (around $400) per slot of two hours per day. Up to two drone operators are permitted per slot, with non-operators also allowed to accompany them. Payment can be made using Japan's "hometown tax" gift system with contributions of 200,000 yen (approx. $1,320). A viewing fee of 500 yen (about $3.30) per person is also charged. Applications are open via a special tourism association website at: https://va.apollon.nta.co.jp/takedacastle_drone3 and inquiries (in Japanese) can be made through 079-668-9177.

(Japanese original by Yoshiko Yukinaga, Tamba Local Bureau)

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Kidepo to host Uganda’s second biggest International Airport

4h • 2 min read

_______________________

The government is in talks with potential investors from the United Arab Emirates (UAE) to build Uganda’s second-biggest International Airport at Kidepo, the Minister for Tourism, Tom Butime has revealed.

“Kidepo International Airport will boost our tourism. Tourists will arrive at Kidepo, drive through Gulu to Murchison, Fort Portal, Kibaale, Semuliki, Mt Rwenzori, Queen Elizabeth National Park, Mbarara, Lake Mburo, and back to Kampala,” the minister disclosed.

The minister disclosed this on Tuesday, March 26, 2024, at the launch of the tourism industry performance report for 2023 at Hotel Africana.

The report indicates that the sector is on a steady path to recovery from the impacts of the COVID-19 pandemic, moving closer to pre-pandemic international tourism each year after the initial drop in 2020.

This demonstrates a strong rebound in the tourism sector, with only 17% not covered. This is attributed to the lifting of travel restrictions and global vaccination efforts easing the effects of the pandemic.

Kidepo International Airport construction plan comes weeks after the Government signed a memorandum of understanding (MOU) with East of Eden (U) Ltd (EOE), a private company incorporated in Uganda to undertake a feasibility study to develop Arua Airport into an International Airport under build, operate and transfer model.

Provided by SyndiGate Media Inc. ().

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Spain takes stake in Telefonica after Saudi deal concerns

Story by © AFP 2022
 • 1d • 2 min read
Saudi Telecom announced in September it had paid 2.1 billion euros ($2.3 billion) for a 9.9 percent share in Telefonica, causing concern in Madrid.. Photo: JAVIER SORIANO / AFP/File Source: AFP© Provided by Tuko

Spain's government has acquired a three-percent stake in telecoms giant Telefonica following concerns over a Saudi firm taking a piece of a company that Madrid considers strategically important.

Spanish state-owned holding company SEPI said in a filing with the stock market regulator late Monday that the move was "in line with a cabinet decision in December" to acquire 10 percent of Telefonica's share capital.

At the time, the government of Socialist Prime Minister Pedro Sanchez said it was to safeguard the firm's "strategic capacities and essential importance" to Spain.

It is the first time that the Spanish government has taken a stake in Telefonica since it was fully privatised in 1997.

In September, Saudi Telecom (STC) said it had paid 2.1 billion euros ($2.3 billion) for a 9.9 percent share in Telefonica, causing concern in Madrid, which only learned of the transaction at the last minute.

Had it been over the 10 percent threshold, the deal would have required government approval.

STC, which is majority-owned by Saudi's PIF sovereign wealth fund, insisted at the time it did "not intend to acquire control or a majority stake" in Telefonica, which has a strong presence in Latin America and Britain.

Spain's government said the move to acquire a stake in Telefonica was in line with its European neighbours, which also own small minority stakes in their leading telecoms operators.

The return of the state as one of Telefonica's shareholders comes as the company is in the process of cutting 3,400 jobs by 2026 in Spain, about one fifth of a total workforce of 16,500, as it tries to boost its profitability.

The company currently has a global workforce of over 100,000 people.

With Telefonica weighed down by a heavy debt load, the sharp jump in interest rates this past year has caused concern about its finances.

hmw/CHZ/lth

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IFC is investing $10.5 million in a new fund by 4DX Ventures, a New York-based venture capital firm focused on supporting early-stage African technology companies across a broad set of sectors, including fintech, e-commerce, edtech, climate tech, and health tech.IFC’s investment in 4DX Ventures Fund III will come from IFC’s $225 million venture capital platform, which was launched last year to strengthen emerging VC ecosystems and invest in...
Ghana News Agency (GNA)GNAPS-Hohoe Zone re-echos scrap of 30 per cent priority placement system
By Edward WilliamsHohoe (V/R), March 26, GNA – Reverend Larry Davies, Vice Chairman, Ghana National Association of Private Schools (GNAPS) – Hohoe Zone, has called on government to scrap the 30 per cent priority placement system to give both private and public schools equal opportunities in the educational sector.He noted that the call made by the National Executives of the Association for the scrap of the system was laudable since its existence...
The Star Worldwide (English)How a country is admitted to the East African Community
EAC has in the last two years admitted two members, expanding to an eight-partner states bloc.The membership, of the community is provided by Article 3 of the Treaty for the Establishment of the Community The membership of the East African Community is provided by Article 3 of the Treaty for the Establishment of the Community.Article 3(2) allows the partner states to grant membership to the community, while Article 3(3) stipulates the matters to...
allAfrica.comWorld Bank Commits U.S.$300m for Dam Construction
Once achieved, the project will boost the electricity supply outside Monrovia as the government struggles to address Liberia's age-old, limited power supply for the public and businesses across the country.The Liberia Electricity Corporation (LEC) says the Government of Liberia has acquired a commitment of US$300m from the World Bank to construct a dam in Bong County.During a recent high-power delegation's visit to Bong County, LEC Corporate...
Nigerian TribuneNigerian crude sells at a premium, Brass River nears $90 a barrel
Nigeria oil sold at a premium on concerns over tighter global supply brought about by escalating conflicts in the Middle East and between Russia and Ukraine, a shrinking U.S. rig count added to upward price pressure.According to Nairametrics, Nigeria Brass River and Qua Iboe traded above $89 a barrel while Brent Crude traded at $85 per barrel. Nigeria Bonny Light also traded at $87.46 a barrel as of late FridayBonny Light Crude Oil is a premium...
Nigerian TribuneThe Evolution of Mobile Payments: Interconnecting Smart Homes, Wearables, and Beyond
In the digital age, the landscape of financial transactions has undergone an extreme shift, transforming the way we perceive and execute payments. Mobile payments have emerged as a cornerstone of this transformation, offering unparalleled convenience, security, and now, seamless integration with smart homes, wearables, and an expanding array of interconnected devices. With the evolution of technology, your Verve card serves as a catalyst in this...
allAfrica.comUN Refugee Agency Sounds New Alarms for Eastern DRC
The UN Refugee Agency (UNHCR) is ringing new alarm bells due to ongoing violence in eastern areas of the Democratic Republic of the Congo (DRC) reaching a “devastating level.”UNHCR spokesperson Matthew Saltmarsh said at a UN press conference on March 26 that two years of “cyclical conflict” in the North Kivu territories of Rutshuru and Masisi have forced over 1.3 million people to flee their homes within the DRC.That has led to 5.7 million...
Namibia EconomistDevelopment Bank strengthens relationship with African Development Bank
Last week, African Development Bank (AfDB) Executive Director of Southern Africa Group II, Dr João Ngimbi, had a meeting with the Development Bank of Namibia (DBN) exco as part of his consultation mission to Namibia to formulate a roadmap for the continental funder’s relationship with the local institution over the next ten years.After the engagement which took place the day before Independence Day, the Development Bank Chief Executive, Dr John...
Ghana News Agency (GNA)The World Health Organisation donates a vehicle to SICCA
By Kristodia Otibu AsieduTema, March 26, GNA – The World Health Organisation (WHO) has donated a vehicle to the Sickle Cell Condition Advocates (SICCA), to facilitate the work of the group.Professor Francis Chiska Kasolo, the Country Representative for WHO Ghana, presented the vehicle to SICCA on behalf of the Organisaion.He said the WHO deemed it fit to empower SICCA to facilitate their advocacy, which was geared towards sickle cell prevention,...
allAfrica.comAngola Drops Five Places in the African Games Ranking
Angola dropped five places in the Ranking of the African Games that ended on Saturday, in Accra (Ghana), with a total of six medals won in 21st position, against 16th in the previous edition "Rabat'2019".In Accra, the national delegation won six medals, including two of gold, one of silver and three of bronze, among 5,000 athletes from 54 countries.These are the 60kg judoka, Leonardo de Barros (gold), the chess player Ednásia Júnior (silver),...
South African Official NewsTelecoms: Telkom sells its masts and towers activities in Swiftnet to a consortium led by Actis and Royal Bafokeng
25 Mar 2024 (Africa News Agency) Telkom sold its Swiftnet mast and tower operations to a consortium led by British investment firm Actis and Royal Bafokeng Holdings for 6.75 billion rand ($355.4 million). The move aims to strengthen Telkom's financial position. Actis holds a 70% stake in Towerco Bidco, while Royal Bafokeng Holdings holds 30%. This trend follows similar actions in the South African telecommunications industry, with Vodacom being...
New VisionHaiti transition council stalls as capital sees relative calm
PORT-AU-PRINCE - Haiti's political future remained in limbo Tuesday as squabbles among party leaders bogged down a council meant to name a transition government, while the capital experienced relative calm after weeks of violence.Prime Minister Ariel Henry, who has led the impoverished Caribbean nation since the shock 2021 assassination of president Jovenel Moise, promised over two weeks ago to step down after a transitional council is stood up...
The PunchPrivate sector makes $236bn illegal profit from labour annually – Report
The private sector generates $236bn in illegal profits annually, a new study by the International Labour Organisation has revealed.According to the report titled “Profits and Poverty: The Economics of Forced Labour”, there has been a 37 per cent rise in illegal profits from forced labour since 2014.It stated that the total amount of illegal profits from forced labour had risen by $64bn (37 per cent) since 2014, fuelled by growth in the number of...
United News of Bangladesh (UNB)300 tonnes of potatoes imported from India through Benapole
Benapole, March 27 -- A consignment of 300 tonnes of potatoes, imported from India, made their way into the country through Benapole land port recently. This rounds up the total shipment of 1000 tonnes of potatoes during the month of Ramadan.A total of 32 trucks with potatoes arrived at the land port between March 13 and March 24, said Mizanur Rahman, revenue officer of Benapole Checkpost and Cargo Department, on Wednesday.Dhaka's air quality...
The PunchScotland-based goalie eyes Enyimba deal, Eagles cap
A UK-based Nigerian agent and scout, Ben Eni, said his son, Tristian Mitchell, a goalkeeper, wants to play for Nigerian champions Enyimba and other clubs in the Nigeria Premier Football League, just as the youngster fancies the chance of playing for the Super Eagles in the near future as well, PUNCH Sports Extra reports.Eni, who is of Igbo descent, made a series of posts via his X account on Monday evening, asking for possible links to get his...
United News of Bangladesh (UNB)'Mega corruption in the name of mega development': BNP leader Moyeen Khan
, March 26 -- On Independence Day, Dr. Abdul Moyeen Khan, a member of the BNP Standing Committee, levied serious allegations against the current administration, claiming that extensive development projects have been marred by rampant corruption and large-scale money laundering activities.According to Dr. Moyeen, hundreds of thousands of crore taka have been illicitly transferred abroad, casting a shadow over the country's developmental...
Nigerian TribuneMeet 28-year-old software engineer bridging digital divide in East Africa
It is with the passion and can-do attitude that characterises African entrepreneurs that Emmanuel Gatwech describes the driving motivation behind Sahil. The digital platform he founded in 2023 is on the path to becoming the next African success story!Tell us about your background.Originally from South Sudan, I grew up in Khartoum, Sudan, before my family moved to Uganda in 2010. I pursued my college education in Zimbabwe and complemented it with...
Daily IndependentICFP2025: Colombia Secures Host For Its Progressive Policies, Promoting SRHR, Health Equity
“Oying” Rimon II, ICFP International Steering Committee Chair, has disclosed that Colombia’s was chosen as the Seventh ICFP 2025 host because of its role model of progressive policies and commitment to promoting informed decision-making on sexual reproductive rights and health equity. Rimon who spoke during a Zoom meeting, to announce the host country of ICFP 2025 also said that the selection of Colombia to host world’s largest scientific...
allAfrica.comPresident Hails African Games Success!! ...Applauds Team Ghana for Record Medal Haul
The President, Nana Addo Dankwa Akufo-Addo, on Saturday closed the three-week 13th African Games, Accra 2023 at the University of Ghana Sports Stadium with a call on stakeholders to use the sports platform to create a prosperous Ghana for all.Delivering the keynote address to lower the curtain on the event attended by high profile sports personalities across Africa, President Akufo Addo said, "Together, we can harness the power of sports to...
Nigeria Communications WeekBayobab Group Incorporates Nine Fibre Companies
MTN Group-owned Bayobab, a provider of pan-African digital communications solutions, has expanded its footprint with the incorporation of nine specialised fibre businesses, each with the necessary operating licences.MTN Group, Africa’s largest telecoms carrier, presented results for the entire financial year ended December 2023 yesterday, and Bayobab’s performance was highlighted.It was revealed that Bayobab had acquired additional fibre...
allAfrica.comWaterfall City Attracts U.S. Corporate Giants to the Heart of Africa's Fastest Growing Metropolitan Region
Waterfall City, nestled in the heart of South Africa, has emerged as the continent's fastest-growing mixed-use lifestyle precinct, drawing global attention as a premier destination for corporations seeking modern and strategically located spaces for their African operations. Waterfall City stands as a testament to innovative urban development, offering state-of-the-art infrastructure, sustainability commitments, and a vibrant ecosystem that...
United News of Bangladesh (UNB)Bangladesh's Independence Day celebrated in Mexico
, March 27 -- The Embassy of Bangladesh in Mexico City has celebrated Bangladesh's Independence and National Day with due solemnity at the Chancery.Due to the Holy month of Ramadan, the reception including cultural presentation to commemorate the day will be held on April 25, said the Embassy.The day commenced with the hoisting of the National Flag accompanied by the national anthem, followed by laying a floral wreath at the bust of Father of...
Daily Guide GhanaMTN Records 48.8% MoMo Revenue
Selorm Adadevor MTN Ghana recorded GH¢ 2.9 billion representing 48.8% increase in its mobile money revenue for 2023.Chief Executive of MTN Ghana, Selorm Adadevor who made this known at the company’s sixth annual General Meeting in Accra said the year-on -year increase and the consistency of its performance and growth was attributed to the expansion and partnerships with financial institutions.He said its overall profit after tax increased by...
allAfrica.comWorld Bank Launches Liberia Development and Climate Report
The World Bank launches the Liberia Country Development and Climate Report here. The report highlights Liberia's vulnerability to climate change, identifies developmental risks and opportunities, and models various climate impact scenarios and interventions.Monrovia, March 22, 2024--The World Bank has unveiled its highly anticipated Liberia Country Development and Climate Report, which thoroughly analyzes the country's current development...
Ghana News Agency (GNA)African Trade Chamber in US seeks collaboration in Africa
By Samuel AkumateyHo, March 25, GNA – The Midlands African Chamber in the United States of America is extending its reaches to entrepreneurs in Africa countries.Karine Sokpoh, President of the Chamber, has embarked on a tour of some African countries, including Ghana and was in the Volta Region on the invitation of the Volta Development Forum (VDF), regional development advocacy organisation.She paid a courtesy call on Dr. Archibald Yao Letsa,...
allAfrica.comUNHCR Welcomes New Funding Support From the Government of Japan to Meet Urgent Needs in Somalia
UNHCR, the UN Refugee Agency, has today welcomed new funding support from the Government and the People of Japan to meet the needs of forcibly displaced populations, including refugees and internally displaced people (IDPs) as well as their local communities in Somalia. The resources - totaling US$ 6.6 million - will be critical in enabling UNHCR and humanitarian partners to deliver much-needed assistance and protection to the most vulnerable,...
The PunchOur Champ!
•Joshua hails Mbata after African Games triumphFormer heavyweight champion Anthony Joshua has praised fellow British-Nigerian boxer Patricia Mbata, who won a gold medal at the just-concluded African Games in Accra, Ghana, PUNCH Sports Extra reports.Mbata secured victory with a points decision win over Marbrouk Molka of Tunisia in the final of the women’s 75kg category to clinch Nigeria’s third boxing gold at the Games.Team Nigeria finished top...
Nigerian TribuneEnvironmental expert pioneers renewable energy advancement
In a move poised to reshape the landscape of renewable energy initiatives worldwide, Alex Olanrewaju Adekanmbi has unveiled an ambitious endeavour aimed at accelerating the transition towards sustainable energy sources.Adekanmbi, a seasoned expert in environmental health and safety (EHS), is pioneering efforts to diminish reliance on fossil fuels while mitigating the adverse effects of crude oil production.His proposed endeavour encompasses a...
Nigerian TribuneRaw honey boosts brain health, reduces cholesterol levels, study finds
DIET is either beneficial or detrimental to health, studies have associated the intake of sugar-sweetened beverages with elevated blood pressure but, interestingly, honey has been documented to have several medicinal benefits.Nigerian honey is produced by Apis mellifera adansonii a native of West Africa. Traditionally, it is used in the treatment of various ailments, thus; as cough, sore throat, ulcers in the mouth, wound healing and burns, and...
The Star Worldwide (English)Stars beat Zimbabwe 3-1 to win Four-Nations tournament
The home boys started on a negative footing after a Joseph Okumu blunder in the early stages of the game gifted their opponents the opener and their only goal in the third minute.Focus now shifts to the 2026 FIFA World Cup qualifiers where Harambee Stars have matches lined up in June. Harambee Stars on Tuesday pulled off a spectacular comeback to clinch the Four Nations Tournament title after beating Zimbabwe 3-1 at the Bingu Stadium in...
Sudan TribuneSouth Sudan’s Kiir, Tshisekedi discuss regional peace efforts
March 25, 2024 (KINSHASA) – South Sudan’s President Salva Kiir and his Democratic Republic of Congo (DRC) counterpart, Félix Tshisekedi have renewed efforts to end the eastern DRC crisis.On Monday, the two leaders called for the swift revival of the Nairobi and Luanda peace processes.The Luanda and Nairobi processes refer to African regional efforts to ease the tension in the eastern DRC, including meetings in the Angolan and Kenyan capitals....
NaharnetIt is a mystery why one of England's best players doesn't want to represent his country
It is still a mystery why one of England's best players walked out on the team midway through the last World Cup and hasn't represented his country ever since.Ben White has never publicly said why.Meanwhile, he's continued to excel in Arsenal's defense and, as one of the Premier League's top players, remains on the radar of England manager Gareth Southgate.Yet last week, Southgate said White was still making himself unavailable for England, and...
The PunchMali beat Nigeria 2-0 in international friendly
The Eagles of Mali beat the Super Eagles of Nigeria 2-0 on Tuesday night.In the clash of the Eagles, Nigeria suffered the loss courtesy of two goals in each half of the game.E. Toure gave Mali the lead in the 18th minute and the runners-up in the recently concluded African Cup of Nations in Ivory Coast could not severe a draw in the first half.K. Doumbia sealed the victory in the 84th minute to give Mali the win in the friendly match.This loss...
DFABroos thrilled after Bafana’s six-goal cracker against Algeria
Bafana Bafana coach Hugo Broos heaped praise on his team after they drew 3-3 with hosts Algeria in their Fifa Series Friendly International at the Nelson Mandela International Stadium, in Algiers, on Tuesday.Bafana Bafana coach Hugo Broos heaped praise on his team after they drew 3-3 with hosts Algeria in their Fifa Series Friendly International at the Nelson Mandela International Stadium, in Algiers, on Tuesday.Following their 1-1 draw with...
allAfrica.comGovt to Earn Sh5bn From Its Stake in Kenya Pipeline Company
The government will earn Sh5 billion from the Kenya Pipeline Company (KPC) for the full year ending June 2023.KPC Managing Director Joe Sang and Energy Cabinet Secretary Davis Chirchir stated that the dividend check will be handed over to Treasury Cabinet Secretary Njuguna Ndung'u tomorrow.The Sh5 billion dividend earnings come after the KPC profit increased by 21 percent to Sh6.3 billion during the 2022-2023 financial year.KPC is a state...
Daily IndependentUNCTAD’s Global Trade Update Shows Encouraging Signs Amid Persistent Challenges
The overall outlook for trade in 2024 is positive, with increasing demand for environmental goods, especially electric cars, set to play a crucial role in driving growth. International trade is expected to rebound in 2024 after experiencing declines for several quarters. Preliminary figures indicate a $1 trillion contraction in global trade in 2023, driven primarily by subdued demand in developed nations and weaker trade within East Asia and...
United News of Bangladesh (UNB)Professor Yunus launches partnership with Milano Cortina Winter Olympic 2026
DHAKA, March 27 -- Nobel laureate Professor Yunus has visited Venice and Milan to finalise the partnership between Milan Cortina Winter Olympic and Yunus Sports Hub.During his visit to Venice on March 18, Prof Yunus was the honorary host of the launch event of Impact 2026, the social procurement programme delivered as a partnership between Fondazione Milano Cortina 2026 (organizer of the 2026 winter Olympic and Paralympic Games), Yunus Sports...
United News of Bangladesh (UNB)Join hands in building 'Smart Bangladesh' under PM Sheikh Hasina's leadership: Envoy
DHAKA, March 26 -- Bangladesh High Commission in New Delhi on Tuesday celebrated the Independence and National Day of Bangladesh with due solemnity and fervour.Md. Mustafizur Rahman, High Commissioner of Bangladesh to India, started the daylong programme in the morning by hoisting the national flag at the High Commission premises and placing floral wreaths at the portrait of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman.In the...
allAfrica.comKenya's Greylisting for Weak Action On Money Laundering and Terrorism Financing - What That Means and What Must Happen Next [analysis]
Kenya and Namibia are the latest African countries to be placed on the Financial Action Task Force's grey list over their weak measures against money laundering and terrorism financing.Being on the grey list is typically seen as an indictment of a country's ability to identify and effectively redress financial crimes. It warns investors to be cautious in dealings with the country.Financial crimes researcher Louis de Koker, who has recently...
Nigeria Communications WeekCompanies Invest More than $100,000 Yearly to Upskill their Cybersecurity Teams – Study Reveals
Over 70% of businesses pay more than USD $100,000 for additional training annually to keep skills of their cybersecurity employees up to date, a recent global Kaspersky study has revealed.However, the surveyed companies also highlighted that there was a lack of relevant courses covering new challenging spheres in the educational market and stated that training does not always bring them the expected result.In its recent study ‘The portrait of...
The Star Worldwide (English)Ghanaians urge more investment in sports infrastructure
• Fans commended athletes for their feats achieved during the Games, which they said brought joy and pride to the people.• Beauty Amenyo, who watched most of the Games’ swimming contests, said she was impressed with the investment in sports facilities, and added that it should be replicated in other parts of the country. A cross-section of Ghanaians have urged the country’s government to invest more in sporting infrastructure, after the...
Nigerian TribuneSovereign Finance holds webinar on sustainable investment strategies
Sovereign Finance Company Limited (SFL) has held its first webinar of the year, titled: “Sustainable Investment Strategies for Changing Times.”The webinar featured top management of the firm with prominent finance and business acumen. It delved into emerging trends in the investment landscape and the importance of adapting investment strategies to evolving market dynamics.Mr Olusola Dada, Managing Director, SFL, in his presentation, noted that...
The PunchBoniface ranked best African performer in Europe
According to the world’s most popular and fastest-growing football statistics website, WhoScored.com, Super Eagles striker, Victor Boniface, has been rated the highest African player in the Top 5 leagues in Europe, PUNCH Sports Extra reports.Even though he has been out for over three months, the Bayer Leverkusen striker boasts a rating of 7.81, the highest by any African player across the Top 5 leagues in Europe.The Nigeria international has...
allAfrica.comEIB Targets to Increase Financing in Rwanda
The Vice President of the European Investment Bank (EIB), Thomas Ostros, was recently in Rwanda during which he met several government officials and CEOs of Rwanda's leading commercial banks, as well as signed a 100-million-euro line of credit with Bank of Kigali.The 100 million euro is the largest package EIB has signed with the private sector in Rwanda.The New Times' Business Editor Julius Bizimungu spoke exclusively to Thomas Ostros. In an...
Sudan TribuneSouth Sudan limits basic goods exports to Sudan amid shortages
March 26, 2024 (JUBA) – South Sudan has restricted exports of essential goods to neighbouring Sudan, citing domestic shortages and rising prices. The move comes as both countries grapple with economic challenges.William Anyuon Kuol, South Sudan’s Minister of Trade and Industry, emphasized the government’s priority in stabilizing domestic food prices. He explained that export restrictions are a common strategy to ensure basic supplies remain...
allAfrica.comCommercial Bank of Ethiopia Recovers 78 Percent of 801.4 Million Birr Lost in System Glitch: President Abe Sano
Abe Sano, President of the state-owned Commercial Bank of Ethiopia (CBE), announced this morning that the maximum amount of money vulnerable to theft during the recent "system glitch" is estimated at 801.4 million birr.According to Abe, 25,761 of the bank's customers were involved in withdrawing cash from the bank's ATMs and making digital transfers.The bank's president revealed that, as of yesterday, CBE had successfully recovered 78% (662.9...
allAfrica.comRegional and International Leaders From the Private Sector, Government and Academia Gather in Addis Ababa to Tackle Barriers to Africa's Capability to Manufacture Its Own Medicines and Vaccines [announcement]
One hundred leaders from the African continent and outside the region, including from the United States and Europe, gathered today in Addis for a two-day conference focused on addressing key challenges for innovation and technology transfer to build a stronger pharmaceutical sector in Africa.Topics range from regional supply security to technology gaps in private sector development and public sector research and development (R&D) as well as...
Namibia EconomistFitch affirms Development Bank ratings with stable outlook
Fitch Ratings on 22 March affirmed the Long-Term Issuer Default Ratings (IDR) of Development Bank of Namibia Limited (DBN) at ‘BB-‘ and its National Long-Term Rating at ‘AA+(zaf)’, with a Stable Outlook.This affirmation underscores Fitch’s confidence in DBN’s creditworthiness and its strategic importance in Namibia’s financial landscape.The ‘BB-‘ Long-Term IDRs reflect the potential support DBN could receive from the Namibian government, given...
Daily IndependentBII Extends $100m Finance Facility To Support Trade, Food Security In Africa
British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, today announced a US$ 100 million finance facility with the Eastern and Southern African Trade and Development Bank (TDB). The investment is designed to strengthen economic resilience in the region by supporting essential trade finance activities, fostering agricultural development and addressing critical challenges such as food...
allAfrica.comOne Acre Fund-Tubura Provides Nutrient - Rich Maize Flour to ECD Centres
Tubura is distributing IYACU, a nutritious maize flour, to Early Childhood Development (ECD) centres to alleviate stunting and malnutrition among children in six districts.One Acre Fund Rwanda is an agricultural development organisation incorporated in Rwanda as a foreign branch of the One Acre Fund U.S. non-profit.In Rwanda, the organisation operates under two community benefit companies, namely: One Acre Fund, focused on partnership activities...
South African Official NewsNEPI Rockcastle to Nominate Jeanine Holscher as Independent Non-Executive Director
25 Mar 2024 (Johannesburg Stock Exchange) NEPI Rockcastle N.V., a leading commercial property investor and developer, has announced the nomination of Ms. Jeanine Holscher as an Independent Non-Executive Director. Subject to shareholder approval, Ms. Holscher is set to be appointed at the Company's next Annual General Meeting, scheduled for May 14, 2024.Bringing over two and a half decades of extensive leadership experience across retail, travel,...
The Nation UAEICC team arrives Pakistan to review Champions Trophy preparations
The International Cricket Council (ICC) delegation on Monday reached Pakistan to review the arrangements for the Champions Trophy, which is scheduled to be held in February 2025.According to the details, the ICC Event Operations team, including Senior Manager Sarah Edgar, and Manager Aoun Zaidi, landed in Karachi to review the arrangements for the Champions Trophy 2025 scheduled to be held in Pakistan.The ICC delegation will inspect various...
Kyodo NewsYen hits 34-yr low vs dollar as BOJ signals ultraeasy policy to stay
The yen briefly hit a 34-year low near the 152 line against the U.S. dollar Wednesday in Tokyo on renewed expectations the Bank of Japan will maintain its accommodative stance even after raising interest rates for the first time in 17 years. The yen fell to around 151.97 per dollar, its lowest level since 1990 after Bank of Japan board member Naoki...
allAfrica.comWe Built an AI Tool to Help Set Priorities for Conservation in Madagascar - What We Found [analysis]
Artificial Intelligence (AI) - models that process large and diverse datasets and make predictions from them - can have many uses in nature conservation, such as remote monitoring (like the use of camera traps to study animals or plants) or data analysis. Some of these are controversial because AI can be trained to be biased, but others are valuable research tools.Biologist Daniele Silvestro has developed an AI tool that can help identify...
South African Official NewsFairvest Schedules Pre-Close and Operational Update Conference Call
25 Mar 2024 (Johannesburg Stock Exchange) Fairvest Limited, a Real Estate Investment Trust (REIT) listed on the Johannesburg Stock Exchange (JSE), has announced an upcoming conference call to provide a pre-close and operational update for the six months ending March 31, 2024. The call, hosted by Anchor Stockbrokers, is set to offer shareholders and interested parties insights into Fairvest's recent operational performance and future...
The HeraldWater Bodies can only be protected if Minerals Act Section 17 is repealed- Top CSOs task govt
Two civil society organisations (CSOs) have made a clarion call to the government to repeal section 17 of the Minerals and Mining Act, 2006 (Act 703) to help safeguard water bodies in the country.Section 17 of the Minerals and Mining Act, 2006 (Act 703) states inter allia that “Subject to obtaining the requisite approvals or licences under the Water Resources Commission Act 1996 (Act 552), a holder of a mineral right may, for purposes of or...
South African Official NewsElectricity Regulation Amendment Bill will change face of electricity in SA, says Ramokgopa
25 Mar 2024 (South African Government News Agency) The recent passing of the Electricity Regulation Amendment (ERA) Bill in the National Assembly is of 'tectonic proportions' to South Africa's electricity sector, says Minister in the Presidency for Electricity, Dr Kgosientsho Ramokgopa.'This is significant because it's beginning to reshape the South African energy landscape. One of the primary interventions that it introduces is making it easier...
New VisionKisenyi: The talent factory that churned out legendary boxers like Ayub Kalule
Walking through Kisenyi and Katwe today, it is hard to believe that these were once huge slums.It is also hard to believe that this area in the southern part of Kampala was also one of Uganda's most prominent producers for sports talent.The slums are today quickly being eaten away by all sorts of commercial developments. Shopping malls, hotels, churches and new residential houses are swiftly snapping up the slum. What was once one of the...
Daily IndependentMobile Phones Drove 58% Of Web Traffic In 2023
LAGOS – The latest by Stocklytics.com has indicated that mobile phones made 57,9% of total web traffic in 2023, or nearly 4% less than the year before. Thanks to their ever-growing user base, which has practically doubled since 2013, mobile phones have more than doubled their web traffic share. According to DataReportal Digital 2024 Global Overview Report, mobile phones made up only 22,2% of total web traffic in 2013. Two years later, this...
Daily IndependentWhy Brands Should Pay Attention To Unsolicited Online Content – Nworah
ISAAC ASABOR Without a doubt, Public Relations, acronymically known as PR, is a concept every company or organisation has to deal with at some point. Whether it is by responding to online reviews or just ensuring general customer satisfaction if anyone runs a business that deals with the public, there would be a time when the storm has to be navigated. Therefore, part of public relations is effectively handling negative news, events, or reviews...
Times of ZambiaAirtel launches ‘Kafast loan’
By ANDREW MULENGAAIRTEL Zambia has partnered with Premier Credit to launch a credit facility dubbed ‘Kafast loan’ on Airtel’s Nasova platform.Airtel Money Country Director Andrew Chuma said the facility will introduce a range of tailored financial products and services that carter to diverse needs of customers.Mr Chuma said during the launch in Lusaka yesterday that the facility would unlock a lot of opportunities, drive meaningful impact and...
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