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IEA Economist Pierre Nguimkeu Advocates for Productivity-Focused Industrial Policy

IEA Economist Pierre Nguimkeu Advocates for Productivity-Focused Industrial Policy

IEA Economist Pierre Nguimkeu Advocates for Productivity-Focused Industrial Policy

Kenyan President Ruto Announces New Railway Stations for Kenya-Tanzania SGR Extension

Kenyan President Ruto Announces New Railway Stations for Kenya-Tanzania SGR Extension

Kenyan President William Ruto has announced plans to construct new railway stations in Mwatate, Bura, Mwakitau, and Taveta towns. These stations are part of a proposed extension of the Standard Gauge Railway (SGR) from Voi to Tanzania. Speaking to residents in Taita Taveta County, President Ruto confirmed that the railway project is already progressing towards Mwakitau. He emphasized that these new stations would facilitate easier transportation of people and goods, particularly for traders, between Kenya and Tanzania. The government has allocated approximately Ksh5 billion for this SGR extension project. This initiative is distinct from the ongoing rehabilitation of the 130-kilometer Voi-Taveta Metre Gauge Railway (MGR), which aims to restore an important transport corridor connecting Kenya to northern Tanzania.

Zimbabwean tycoon killed in helicopter crash had cultivated presidents as friends

Zimbabwean tycoon killed in helicopter crash had cultivated presidents as friends

Forensic experts are working to identify bodies from a helicopter crash that killed Zimbabwean businessman Wicknell Chivayo, his wife, and others

Ugandan President Museveni Pledges Free Geriatric Medical Support and Tailored PDM for Elderly

Ugandan President Museveni Pledges Free Geriatric Medical Support and Tailored PDM for Elderly

Ugandan President Yoweri Museveni has announced a government initiative to sponsor and recruit a geriatrician in each district to provide free and consistent medical support to the elderly. This move aims to address the significant medical conditions and expenses faced by older persons in Uganda. Speaking at the International Day of the Older Persons, President Museveni also revealed plans to tailor a Parish Development Programme (PDM) specifically for the elderly. This PDM initiative, intended to help older people maintain and acquire wealth, will be implemented after the government concludes its financial engagements related to the African Cup of Nations (AFCON). The President emphasized the government's goal to ensure wealthy older people retain their assets and those without wealth are supported through available government programs. Currently, the Social Assistance Grant for Empowerment (SAGE) provides a monthly grant of Shs25,000 to elderly and vulnerable citizens, which is set to increase to Shs35,0...

Zambian President Hichilema Concludes UAE Visit, Securing $2.4 Billion in Investment Commitments

Zambian President Hichilema Concludes UAE Visit, Securing $2.4 Billion in Investment Commitments

Zambian President Hichilema Concludes UAE Visit, Securing $2.4 Billion in Investment Commitments

Germany may grow twice as fast this year as earlier thought, Bundesbank says

Germany may grow twice as fast this year as earlier thought, Bundesbank says

FRANKFURT, Oct 2 (Reuters) - The German economy could grow around 1% this year — roughly twice as fast as the most recent projections — driven by robust export demand and government investment, Bundesbank President Joachim Nagel said on Friday.

International Telecommunication Union and Uganda Collaborate on Digital Skills Development

International Telecommunication Union and Uganda Collaborate on Digital Skills Development

The International Telecommunication Union (ITU) is collaborating with the Ministry of ICT and National Guidance in Uganda on a 'Technical Assistance and Training to Uganda on National ICT Development Strategy' project, running from 2021 to 2024. This initiative aims to address significant gaps in digital skills acquisition within Uganda's priority sectors. The project, supported by the Global Development and South-South Cooperation Fund (GDSSCF) and ITU's ICT Development Fund (ICT-DF), involves a comprehensive needs assessment. This assessment seeks to identify current and emerging digital skills supply and demand, develop a methodology for evaluation based on existing tools like the ITU Digital Skills Assessment Guidebook, and propose a capacity-building action plan for key sectors. The report detailing this assessment was developed with support from ITU Headquarters and the ITU Regional Office for Africa.

U.S. Rep. Pete Sessions Secures $3 Million in Federal Funding for I-69 Gap Study in East Texas

U.S. Rep. Pete Sessions Secures $3 Million in Federal Funding for I-69 Gap Study in East Texas

U.S. Representative Pete Sessions announced $3 million in federal funding for a feasibility study and environmental clearance for the remaining gap of US 59 between Nacogdoches and Lufkin, Texas. This section is a crucial part of the future Interstate 69 corridor in Deep East Texas. The City of Nacogdoches is the recipient of these funds. The study and environmental clearance are preliminary but essential steps before any design, right-of-way acquisition, or construction can begin on the federal highway project. The ultimate goal is to upgrade this segment of US 59 to interstate standards, aiming to improve mobility, safety, and freight movement in the region. This funding addresses a long-standing local priority, with support for upgrading the existing US 59 route dating back to 2014 and recent resolutions from Angelina County commissioners. The project is part of a larger effort to complete the I-69 corridor, with work already underway on other sections of US 59 in the vicinity.

Berlin Prepares for ITB Berlin 2027, Anticipating Major Tourism Deals and Economic Boost

Berlin Prepares for ITB Berlin 2027, Anticipating Major Tourism Deals and Economic Boost

Berlin Prepares for ITB Berlin 2027, Anticipating Major Tourism Deals and Economic Boost

ECB's Rehn says soaring yields may curb inflation impact of expensive energy

ECB's Rehn says soaring yields may curb inflation impact of expensive energy

FRANKFURT, Oct 2 (Reuters) - Energy prices are approaching the European Central Bank's "adverse" scenario, but soaring long-term borrowing costs limit just how much of this inflation can be transmitted through to the broader economy, Finnish central bank chief Olli Rehn said on Friday.

Black Desert Resort Expands with New Golf Courses and Water Park in Ivins, Utah

Black Desert Resort Expands with New Golf Courses and Water Park in Ivins, Utah

Black Desert Resort Expands with New Golf Courses and Water Park in Ivins, Utah

Euro zone factory growth accelerates again in September, PMI shows

Euro zone factory growth accelerates again in September, PMI shows

By Indradip Ghosh BENGALURU, Oct 1 (Reuters) - Factory growth in the euro zone continued its upward march in September, hitting its fastest rate in more than four years, as resilient demand drove new orders and output to multi-year highs despite the ongoing Middle East conflict, a survey showed.