No Picture

India exits recession with 0.4 percent quarterly growth

India’s economy grew 0.4 per cent year-on-year in the final quarter of 2020, official data showed Friday, ending its first recession since independence as easing coronavirus restrictions sparked a modest recovery. The country has struggled to claw back lost ground after a stringent, months-long lockdown caused the labour market to collapse and the economy to
Read More

The post India exits recession with 0.4 percent quarterly growth appeared first on Vanguard News.

Read Full Story

No Picture
Sports

World’s Biggest Cricket Stadium Renamed After India’s Modi

  The world’s biggest cricket stadium was renamed after India’s Prime Minister Narendra Modi in a surprise move Wednesday hours before its inaugural international match between India and England. The 110,000-seater stadium was the pet project of Modi who was chief minister in Gujarat state, where Ahmedabad is the main city, before taking over as … Continue reading World’s Biggest Cricket Stadium Renamed After India’s Modi Read Full Story

No Picture

Coronavirus – Africa: MSF welcomes the motion of the African Union supporting the proposed exemption to intellectual property (IP) at the WTO

Coronavirus – Africa: MSF welcomes the motion of the African Union supporting the proposed exemption to intellectual property (IP) at the WTOIn a recently released report sharing the decisions of the 34th meeting of the Assembly of the Union, the African Union (AU) expressed support for the proposed intellectual property (IP) waiver being discussed at the World Trade Organization (WTO). Médecins Sans Frontières / Médecins Sans Frontières (MSF) welcomes this approval by the AU to support this historic proposal at the WTO which would allow countries to choose not to apply or apply certain types of IP on COVID-medical tools. 19 during the pandemic. In recent months, several international organizations, including the World Health Organization (WHO), the United Nations Program on HIV / AIDS (UNAIDS), Unitaid and drugs for neglected diseases initiative (MDNI) have issued statements in support of this critical waiver. The proposal launched by India and South Africa is now officially co-sponsored by Eswatini, Kenya, Mozambique, Pakistan, Mongolia, Venezuela, Bolivia and Egypt. However, a small group of WTO members, […]

Coronavirus – Africa: MSF welcomes the motion of the African Union supporting the proposed exemption to intellectual property (IP) at the WTO - NNN.

Read Full Story

No Picture

African Development Bank and Mozambique LNG Area 1 Project win Multilateral Deal of the Year Award for $24 billion global syndicated finance

African Development Bank and Mozambique LNG Area 1 Project win Multilateral Deal of the Year Award for $24 billion global syndicated financeThe Mozambique Liquefied Natural Gas (LNG) Area 1 Project and the African Development Bank (www.AfDB.org) have jointly received the prestigious Global Multilateral Deal of the Year 2020 award by the print and online publication Project Finance International (PFI). The project, the single largest foreign direct investment in Africa to date with a value of over $24 billion, will exploit Mozambique’s immense offshore natural gas reserves, which can potentially transform global energy markets. The African Development Bank signed an agreement for a $400 million senior loan to finance the project in July 2020. In signing the loan agreement, the African Development Bank joined a global syndication of commercial banks and export credit agencies that are providing financing. This financing includes direct loans as well as export credit agency-covered loans with 16- and 18-year tenors. The project is implemented by an international consortium of energy developers and operators led by Total as […]

African Development Bank and Mozambique LNG Area 1 Project win Multilateral Deal of the Year Award for $24 billion global syndicated finance - NNN.

Read Full Story

No Picture
World news

Time Running Out For Indian Workers Trapped Since Glacier Disaster

  Time was running out to save dozens of people trapped inside a tunnel three days after a devastating flash flood likely caused by a glacier burst in India’s Himalayan north, officials said Wednesday. More than 170 people were still missing after a barrage of water and debris hurtled with terrifying speed and power down … Continue reading Time Running Out For Indian Workers Trapped Since Glacier Disaster Read Full Story

No Picture
News

APO Group – Africa Newsroom / Press release | Coronavirus

APO Group – Africa Newsroom / Press release | CoronavirusAdvertisingAgricultureAviation/AirlinesBanking/FinanceBooksChemicalCinemaComputersCulture/ArtsDefense/AerospaceEducationElectricityEntertainmentEnvironmentFood/BeveragesHealthInfectious DiseasesInfrastructureInsuranceInternet TechnologyInvestmentLogisticsMaritimeMiningMobileMotoringMusicOil and GasPharmaceuticalRenewable energyRetailSportTelecommunicationsTextileTobaccoTourismTransportWood/ForestAfrican DevelopmentAnimalsAsiaAwardsBasketballBusinessChildrenCoronavirusCyclingEconomyEnergyEuropean GovernmentEvents/Media AdvisoryFootballForeign PolicyHandicapped/DisabledHumanitarian AidJustice/Legal issuesLabour marketNot For ProfitOil/Gas discoveriesPersonnel announcementsReligionRugbyTechnologyTradeUrbanism/CitiesWater/SanitationWomenAfghanistanAfricaAlbaniaAlgeriaAmbazoniaAngolaArgentinaArmeniaAustraliaAustriaBahrainBelarusBelgiumBeninBotswanaBrazilBrunei DarussalamBulgariaBurkina FasoBurundiCaliforniaCameroonCanadaCape VerdeCentral African RepublicChadChileChinaComorosCongo (Republic of the)CroatiaCroatieCubaCyprusCzech RepublicDemocratic Republic of CongoDenmarkDjiboutiEgyptEquatorial GuineaEritreaEstoniaESwatiniEthiopiaFinlandFranceGabonGambiaGermanyGhanaGreeceGuineaGuinea-BissauGuyanaHong KongHungaryIllinoisIndiaIraqIrelandIslamic Republic of IranIsraelItalyIvory CoastJamaicaJapanJordanKenyaKingdom of Saudi ArabiaKuwaitLatviaLebanonLesothoLiberiaLibyaLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMauritaniaMauritiusMiddle EastMonacoMoroccoMozambiqueNamibiaNepalNetherlandsNew ZealandNigerNigeriaNORTH SUDANNorwayOMANOmanPakistanPeople’s Republic of BangladeshPhilippinesPolandPortugalQATARRepublic of KoreaRomaniaRussiaRwandaSao Tome and PrincipeSenegalSeychellesSierra LeoneSingaporeSloveniaSomaliaSomalilandSouth AfricaSouth AmericaSouth SudanSpainSri LankaSudanSurinameSwedenSWEDENSWEDENSwitzerlandTajikistanTanzaniaThailandThe People’s Republic of ChinaTogoTunisiaTurkeyTurkmenistanUgandaUkraineUnited Arab EmiratesUnited KingdomUnited States of AmericaUzbekistanVaticanYemenZambiaZimbabwe 10X-e237online24BIT35°Nord350.org4G Capital4th UNI Africa Regional Conference9mobileA Embaixada de Angola em BerlimA New Earth, organic and eco-living storeA Organização das Nações Unidas para a Alimentação e a Agricultura (FAO) MoçambiqueA.P. Moller HoldingA.T. KearneyA2 Global RiskAB MamboAbbottABCHealthAbsa Group LimitedAcademy of RoboticsAccelerex HoldingsAccess PowerAccess to Medicine FoundationAccorAction Against Hunger – ACF-UKAction contre la Faim (ACF)ActionAidActisActuvision.comAdebayo VungeAdvanced Finance & Investment Group LLC (AFIG Funds)Advertising Week AfricaAellaAenergyAera GroupAFP ServicesAfreximbankAfri ReviewsAfrica 2.0Africa 2017Africa Adaptation InitiativeAfrica AnalystAfrica Architecture AwardsAfrica Blue Economy Forum (ABEF)Africa Business ForumAfrica Business: Health Forum (AB:HF)Africa Centres for Disease Control […]

APO Group – Africa Newsroom / Press release | Coronavirus - NNN.

Read Full Story

No Picture

Webb Fontaine announces official launch of far-reaching Nepal National Single Window Trade and Customs project

Webb Fontaine announces official launch of far-reaching Nepal National Single Window Trade and Customs projectWebb Fontaine (www.WebbFontaine.com) and the Nepal Government have officially launched the Nepal National Single Window system (NNSW). The Nepal Department of Customs, who are the lead agency in this project, choose as a launch date Jan 26th which is WCO (World Customs Organisation) International Customs Day to emphasise the synergy between the Trade Single Window platform and Customs clearance processes. Recently brought online the platform will interconnect 40 government and private agencies involved in Nepal international trade cycle. The new NNSW system will have a substantial impact on the country’s end-to-end logistics supply chain network and will boost its competitiveness regionally and on the global stage. As the provider of the solution, Webb Fontaine worked closely with Nepal’s Department of Customs (DoC) and other major government bodies and stakeholders to set up the NNSW project. A fully digitised online system, the NNSW significantly thrusts the operations associated with import and […]

Webb Fontaine announces official launch of far-reaching Nepal National Single Window Trade and Customs project - NNN.

Read Full Story

No Picture
World news

Three Dead, 150 Missing In India River Torrent Disaster – Police

  Three people were confirmed dead and at least 150 were missing in northern India after a broken glacier caused a major river surge that swept away bridges and roads on Sunday, police said. The massive burst of water tore through the Dhauliganga river valley, destroying everything in its path, videos taken by terrified residents … Continue reading Three Dead, 150 Missing In India River Torrent Disaster – Police Read Full Story

No Picture

Merck Foundation and African First Ladies to transform and advance cancer care sector in Africa

Merck Foundation and African First Ladies to transform and advance cancer care sector in AfricaMerck Foundation (Merck-Foundation.com) marks World Cancer Day together with Africa First Ladies and Ministries of Health through building cancer care and increase the limited number of oncologists in their countries; Merck Foundation to make history in Africa by training the first African oncologists and cancer care teams in The Gambia, Sierra Leone, Burundi, Liberia, Guinea Conakry, Central African Republic, Chad, and Niger; Merck Foundation together with African First Ladies and Ministries of Health build cancer care capacity in Africa by providing One-, two- and three-years fellowship, master degree, and Diploma programs for 70 African doctors from 24  Countries to be first trained oncologists and first multidisciplinary cancer care teams in their countries. Merck Foundation, the philanthropic arm of Merck KGaA Germany, in partnership with African First Ladies and Ministries of Health, mark ‘World Cancer Day 2021’ themed ‘I am and I will’ through their Cancer Access Program to build cancer care capacity […]

Merck Foundation and African First Ladies to transform and advance cancer care sector in Africa - NNN.

Read Full Story

No Picture
Coronavirus

FACT CHECK: Does Nigeria have more people living in extreme poverty than India and China combined?

FACT CHECK: Does Nigeria have more people living in extreme poverty than India and China combined?Does Nigeria have more people living in extreme poverty than India and China combined? Peter Obi, a former governor of Anambra State and vice-presidential candidate of Nigeria’s opposition party, the People’s Democratic Party in 2019 general elections, believes so. Obi said on Arise TV on February 2, that “the poverty issue, which IMF have (sic)…IMF has not added the ones that are going to be thrown in due to the pandemic situation. If you add it, it is going to be over 100 million. That’s about 50% of your population is now living under poverty. “We are in a situation where Nigeria now have (sic) more people living under poverty than China and India combined. These two countries…their population is 2.8 billion.” x Later on during the interview, Obi clarified what he meant to live in poverty: “For those living in poverty, they are those people living under $1.90 cents. […]

FACT CHECK: Does Nigeria have more people living in extreme poverty than India and China combined? - NNN.

Read Full Story

No Picture

ENGIE streamlines its activities and incorporates Africa in its MESCAT (Middle East, South and Central Asia, Turkey) Business Unit

ENGIE streamlines its activities and incorporates Africa in its MESCAT (Middle East, South and Central Asia, Turkey) Business UnitWe are pleased to announce that as from 1 January 2021, ENGIE (www.ENGIE.com) has merged its Africa portfolio with the MESCAT Business Unit under the leadership of Sébastien Arbola, Chief Executive Officer of ENGIE MESCATA (Middle East, South and Central Asia, Turkey and Africa). Sébastien Arbola has also been appointed Executive Vice President in charge of Thermal Generation and Energy Supply activities at ENGIE Group level, effective 1 February 2021. The enlarged Business Unit MESCATA, with headquarters in Dubai, United Arab Emirates, and regional offices throughout the region, will draw on ENGIE’s long term presence and experience in the region to keep accelerating the transition towards carbon neutral economies. With this new organization, ENGIE continues to simplify and streamline operations, and increase selectivity in terms of activities and geographical presence as announced when the 2019 results were published. Joining MESCAT and Africa is seen as being mutually beneficial, combining scale and […]

ENGIE streamlines its activities and incorporates Africa in its MESCAT (Middle East, South and Central Asia, Turkey) Business Unit - NNN.

Read Full Story

No Picture

COVID-19: Seychelles ranks 3rd in the world for percentage of population vaccinated

COVID-19: Seychelles ranks 3rd in the world for percentage of population vaccinatedThe least populated country in Africa Seychelles is currently ranked third in the world in terms of the percentage of the population vaccinated against COVID-19, data published by Our World in Data show. The East African country has vaccinated 31.4% of its population coming 3rd after United Arab Emirates (34.8%) as Isreal tops the chart with 57.6% of its population already vaccinated. As of January 27, more than 25,000 people had received a first dose of a vaccine, which represents 27 percent of the total population. With its population less than 100,000, the country hopes to vaccinate 70,000 people so as to achieve herd immunity; to date 37 percent of this target has been attained. “As of today, we have almost finished giving about 23,000 people their first dose which means we are almost at the target of 25,000 first doses of Sinopharm that we had set. The remaining 25,000 […]

COVID-19: Seychelles ranks 3rd in the world for percentage of population vaccinated - NNN.

Read Full Story

No Picture
Coronavirus

Coronavirus – South Africa: Committee Chairperson says COVID-19 Vaccine arrival is Fruit of Good International Relations

Coronavirus – South Africa: Committee Chairperson says COVID-19 Vaccine arrival is Fruit of Good International RelationsDownload logo The Chairperson of the Portfolio Committee on International Relations and Cooperation, Ms Tandi Mahambehlala, has said the arrival of the first batch of Covid-19 vaccines from India signifies the success of South Africa’s approach to bilateral and multilateral relations. Ms Mahambehlala said: “We congratulate the Department of International Relations and Cooperation, through its missions abroad, for their candid vaccine diplomacy. This has been demonstrated through its successful initiation of negotiations, which secured the first batch of Covid-19 vaccines for South Africa. We also extend our gratitude to the friendly government of India, a true friend in need and a trusted partner in the BRICS [Brazil, Russia, India, China, South Africa] formation, for prioritising South Africa to receive its first batch of the vaccine to fight the pandemic.”   The Chairperson applauded the cabinet decision to endorse and nominate the “Cuban Medical Brigade”, which is deployed throughout the world, […]

Coronavirus – South Africa: Committee Chairperson says COVID-19 Vaccine arrival is Fruit of Good International Relations - NNN.

Read Full Story

No Picture

India allocates over $30bn for healthcare, wellbeing

India on Monday allocated a total of 223,846 crore Indian Rupees (around 30.6 billion U.S. dollars) for “health and wellbeing” in budgetary proposals for the financial year 2021-22. This is as against the current year’s 94,452 crore Indian Rupees (around 13 billion U.S. dollars), which is an increase of 137 per cent. Federal Finance Minister
Read More

The post India allocates over $30bn for healthcare, wellbeing appeared first on Vanguard News.

Read Full Story