logo
Kenya: Amb. Guo Haiyan Visits Local Industrial Park

Kenya: Amb. Guo Haiyan Visits Local Industrial Park

Zawya13 hours ago
On July 22, H.E. Amb. Guo Haiyan visited Tatu City Special Economic Zone (SEZ) in Kiambu County and held discussions with Tatu City Executives and the representatives of Chinese companies invested in the SEZ. Minister Counselor Zhou Zhencheng was present.
Amb. Guo said that the partnership initiative for industrial chain cooperation is an important part of the ten partnership initiatives of the 2024 FOCAC Beijing Summit. She hoped that Chinese companies deepen the cooperation with Kenyan companies in industrial and supply chain, enhance China-Africa as well as China-Kenya interconnected industrial development, strengthen technology transfer and local employee training, and support Kenya's industrialization.
Distributed by APO Group on behalf of Embassy of the People's Republic of China in the Republic of Kenya.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Hope for Liberia's youth as country pioneers African Development Bank-financed Youth Entrepreneurship Investment Bank
Hope for Liberia's youth as country pioneers African Development Bank-financed Youth Entrepreneurship Investment Bank

Zawya

time6 hours ago

  • Zawya

Hope for Liberia's youth as country pioneers African Development Bank-financed Youth Entrepreneurship Investment Bank

Program will turn job seekers into job creators – Liberian President Boakai The future of Liberia's youth cannot be left to hustling – Dr. Adesina Liberia has become the first country to launch an African Development Bank Group initiative ( that will help tackle youth unemployment among African youth. President of the Republic of Liberia, Joseph Nyuma Boakai Sr was joined in the capital Monrovia by the Bank Group's President, Dr. Akinwumi A. Adesina for the official launch of the first Youth Entrepreneurship Investment Bank (YEIB) ( on Tuesday 22 July. The Youth Entrepreneurship Investment Banks will promote private sector-led inclusive economic development, by creating entrepreneurship opportunities for young Africans aged 18-35. According to the Bank's Country Focus Report 2025 ( for Liberia, underemployment and informal employment have long undermined the country's ability to harness a key demographic strength. To address these challenges, Liberia's Youth Entrepreneurship Investment Bank is expected to finance 30,000 youth-led businesses, create 120,000 direct and indirect jobs, contribute $80 million to government revenues through taxes, and unlock up to $500 million in additional lending to youth-owned businesses across the country. The Youth Bank is being jointly financed by the African Development Fund—the concessional lending arm of the African Development Bank Group ($15.9 million)—and the Government of Liberia ($1.2 million in in-kind contributions). "[The YEIB] speaks directly to the heart of our future because over sixty percent of our population is under the age of thirty. This program gives hope to our young people by turning them from job seekers into job creators,' said President Boakai. 'It will provide financing, mentorship, and the skills they need to succeed in agriculture, technology, the knowledge based economy, and other emerging sectors.' 'Liberia must not watch as its best assets—its youth—falter,' Adesina said. 'The future of Liberia's youth cannot be left to 'hustling.'' He added that with recruitment ongoing, and licensing expected to be completed shortly, the Liberian YEIB is scheduled to commence operations in early 2026, with a focus on 'critical sectors with immense opportunities for the youth, including agriculture, value addition with agribusiness, digital services, mining and tourism.' Youth entrepreneurship banks have also been approved for Nigeria ( Ethiopia ( and Cote d'Ivoire ( representing a growing commitment to enhancing private sector development through improved financing for entrepreneurs, on a continent where three-quarters of the population are below the age of 35. The Bank has since 1967 invested more than $1.02 billion in 72 projects in Liberia, and as of February 2024, it had an active portfolio of 18 sovereign operations worth $314.77 million, focusing primarily on transport infrastructure, energy development ( and agricultural transformation. These investments include the Mano River Union road network ( connecting Liberia with neighbouring countries, regional power interconnection initiatives, and programs supporting smallholder farmers across the country. The Bank's operations in Liberia are funded through multiple sources, with the African Development Fund—the concessional lending arm of the Bank Group—providing most of the financing, supplemented by the Transition Support Facility ( and various specialized funds including the Nigeria Trust Fund ( Read President Boakai's speech at the YEIB launch here ( Read Dr. Adesina's speech here ( Distributed by APO Group on behalf of African Development Bank Group (AfDB). Media Contacts: Natalie Nkembuh and Tolu Ogunlesi Communication and Media Relations Department media@ About the African Development Bank Group: The African Development Bank Group is Africa's leading development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). Represented in 41 African countries, with an external office in Japan, the Bank contributes to the economic development and social progress of its 54 regional member countries. For more information:

Morocco, Gambia Pledge to Make Partnership a Model of Inter-African Cooperation
Morocco, Gambia Pledge to Make Partnership a Model of Inter-African Cooperation

Zawya

time8 hours ago

  • Zawya

Morocco, Gambia Pledge to Make Partnership a Model of Inter-African Cooperation

Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates Mr. Nasser Bourita and Minister of Foreign Affairs, International Cooperation and Gambians Abroad Mr. Sering Modou Njie, reiterated on Wednesday in Rabat their countries' shared commitment to making the Morocco-Gambia partnership a model of inter-African cooperation based on values of solidarity and mutual support. During their meeting, the two ministers also praised the strong ties of brotherhood and solidarity uniting the two countries, under the enlightened leadership of His Majesty King Mohammed VI and His Excellency President Adama Barrow. They also discussed various ways to deepen ties between Morocco and The Gambia, and reviewed cooperation between the two countries in areas of common interest at the bilateral, regional, and international levels. Mr. Bourita and Njie also reaffirmed their commitment to exploring new prospects of cooperation in priority areas such as investment, industry, trade, fisheries and renewable energy, health, water, education, infrastructure, and ports. In this regard, Mr. Bourita reiterated Morocco's willingness to contribute to the implementation of The Gambia's National Development Plan 2023-2027, which aims to provide basic social services and promote social and economic development in The Gambia. Njie's visit to Morocco is his first travel abroad since his appointment as Minister of Foreign Affairs, International Cooperation, and Gambians Abroad. Distributed by APO Group on behalf of Kingdom of Morocco - Ministry of Foreign Affairs, African Cooperation and Moroccan Expatriates.

Eritrea: Effort to Eradicate Underage Marriage
Eritrea: Effort to Eradicate Underage Marriage

Zawya

time9 hours ago

  • Zawya

Eritrea: Effort to Eradicate Underage Marriage

The National Union of Eritrean Women branch in the Gash Barka Region reported that, alongside efforts to improve the socio-economic standards of women, strong action is being taken to eradicate harmful practices, particularly underage marriage. The report was presented during an activity assessment meeting held on 19 and 20 July in Barentu. At the meeting, heads of the National Union of Eritrean Women in the sub-zones presented reports outlining achievements and challenges. The reports also highlighted efforts to create a conducive environment for women to improve their economic status through group and individual income-generating activities, including small-scale agriculture and trade. Ms. Yihdega Yohannes, head of the union branch in the region, stated that encouraging results have been achieved through collaboration with partners in organizing vocational training programs, enhancing women's economic capacity, and combating harmful practices. She also noted the union's efforts to ensure women's access to health and educational services, including in remote areas of the region. Ms. Yihdega further called on women to preserve the progress achieved and strive for even greater outcomes. Distributed by APO Group on behalf of Ministry of Information, Eritrea.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store