The economy of Malawi, which was estimated to grow less than 2 percent in 2023, is set to grown by 3.3 percent in 2014, according to the International Monetary Fund (IMF). This is indicated by the report of IMF staff team led by Ms. Mika Saito and visited Malawi from January 22-26, 2024. “We discussed recent macroeconomic developments. Real GDP growth is projected to increase to 3.3 percent in 2024 from an estimated 1.6 percent last year,” said Ms. Mika Saito in a statement. “The discussions focused on recent macroeconomic developments and the implementation of macroeconomic adjustment and reforms committed under the Extended Credit Facility (ECF) arrangement approved on November 15, 2023.

First Safety Committee namedIn September 2019, then-CEO Dennis Muilenburg appointed a Board-level committee to review safety processes. Second Safety Committee NamedOn Jan. 16, Calhoun appointed yet another committee to review safety. His recommendations will be provided to Calhoun and to the Aerospace Safety Committee of Boeing’s Board of Directors. Safety Stand DownYesterday, Boeing had a one-day safety stand down at its 737 plant to review and emphasize safety procedures. The first shift stand down started at 6:30 AM PT; the second shift stand down started at 2:30 PM PT.

AMMAN – The International Air Transport Association (IATA) announced that RwandAir has become the latest signatory in Africa to the IATA Safety Leadership Charter. We commend RwandAir’s leadership for their commitment to safety by signing the IATA Safety Leadership Charter. The IATA Safety Leadership Charter was developed in consultation with IATA members and the wider aviation community to support industry executives in continuing evolving a positive safety culture within their organizations. Safety Leadership guiding principles include:Leading the obligation to safety through both words and actions. RwandAir is the second carrier in Africa to sign, following Ethiopian Airlines who made the commitment at the launch of the Safety Leadership Charter in September 2023.

“The global economic slowdown, tighter monetary and fiscal conditions, and high debt sustainability risks will remain a drag on the region’s growth prospects,” said Mr Elhiraika. On inflation, the report says that after surging for two years, global inflation eased in 2023 but remained above the 2010-2019 average. After surging for two years, global inflation eased in 2023 but remained above the 2010-2019 average. In 2023, global trade growth weakened significantly to an estimated 0.6 per cent, a sharp decline from 5.7 per cent in 2022. Central banks must navigate a delicate balance between inflation, growth and financial stability.

Ethiopia’s deputy prime minister Demeke Mekonnen, who has occupied the post for over 11 years under three successive prime ministers, will be replaced by spy chief Temesgen Tiruneh, a senior government official told Reuters on Friday. Temesgen was elected to succeed Demeke as a vice president of the ruling Prosperity Party, state-run media reported. A vice president of the party typically serves as deputy prime minister. Demeke has been a face of continuity during a turbulent period in Ethiopian politics. He was appointed to the post after the death of longtime prime minister Meles Zenawi in 2012 and survived a reorganisation of the ruling party that occurred after Abiy Ahmed took power in 2018.

The CircuitHosted by high-profile journalist Emily Chang, The Circuit is a fast-paced, dynamic series that lives at the intersection of culture, tech, entertainment, and business. Every week, Chang will go on location to meet the world’s most fascinating founders, influencers, and innovators, conducting intimate interviews and bringing audiences behind the scenes of the most impactful stories, launches, and trends

ADDIS ABABA (Reuters) - Ethiopia's deputy prime minister Demeke Mekonnen, who has occupied the post for over 11 years under three successive prime ministers, will be replaced by spy chief Temesgen Tiruneh, a senior government official told Reuters on Friday. Temesgen was elected to succeed Demeke as a vice president of the ruling Prosperity Party, state-run media reported. A vice president of the party typically serves as deputy prime minister. Demeke has been a face of continuity during a turbulent period in Ethiopian politics. He was appointed to the post after the death of longtime prime minister Meles Zenawi in 2012 and survived a reorganisation of the ruling party that occurred after Abiy Ahmed took power in 2018.

ADDIS ABABA (Reuters) - Ethiopia's deputy prime minister Demeke Mekonnen, who has occupied the post for over 11 years under three successive prime ministers, will be replaced by spy chief Temesgen Tiruneh, a senior government official told Reuters on Friday. Temesgen was elected to succeed Demeke as a vice president of the ruling Prosperity Party, state-run media reported. A vice president of the party typically serves as deputy prime minister. Demeke has been a face of continuity during a turbulent period in Ethiopian politics. He was appointed to the post after the death of longtime prime minister Meles Zenawi in 2012 and survived a reorganisation of the ruling party that occurred after Abiy Ahmed took power in 2018.

By Selina Julien, CNN(CNN) — Closed to tourists until recently, Saudi Arabia is still an unknown quantity for many would-be travelers. We asked some of the people who know it best – regular visitors and Saudis themselves. Omran is also hopeful visitors will explore destinations across Saudi Arabia. The resort on the Red Sea coast is often promoted as “the Maldives of Saudi Arabia,” offering water sports and cultural experiences. “Its pristine beaches and azure waters make it a hidden paradise for those seeking tranquility.”Tasneem, who has spent recent years documenting social changes in Saudi Arabia, adds: “Saudi Arabia’s allure lies in its unique blend of tradition, generosity, and captivating stories waiting to be discovered.

Demeke Mekonnen has been Deputy Prime Minister since September 2012, and additionally took on the role of Minister of Foreign Affairs in November 2020 (Photo: CGTN)Addis Abeba – Demeke Mekonnen, Ethiopia’s long-serving Deputy Prime Minister, who also doubles as Minister of Foreign Affairs since November 2020, is departing from both positions as early as today, Addis Standard has confirmed from a credible source close to the matter. Although Demeke has served as deputy prime minister since 2012, his elevation as the Minister of Foreign Affairs came during an unprecedented reshuffle by Prime Minister Abiy Ahmed in the wake of the war in the Tigray region in November 2020. Demeke replaced the then Foreign Minister Gedu Andargachew while maintaining his position the deputy Prime Minister. Demeke’s career at the federal level began in 2008 when he became the Minister of Education when the late Meles Zenawi was Ethiopia’s Prime Minister. As Deputy Prime Minister, Demeke was put in charge of organizing the much needed humanitarian response between the government and humanitarian partners.

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Addis Ababa, January 26/2024(ENA)- Deputy Prime Minister and Foreign Minister Demeke Mekonnen conferred with Danish Minister for Development Cooperation and Global Climate Policy Dan Jorgensen at his office. The Deputy Prime Minister said that this activity shows Ethiopia's unwavering commitment to a carbon-free planet, which the world is aspiring for. Demeke also stressed Ethiopia's commitment to peace, mentioning the government's efforts to ensure accountability and consolidate peace in the country. Demeke also called on the stakeholders to provide concrete support to Ethiopia for its remarkable Green Initiative program. He also expressed his country's readiness to support Ethiopia's Green Legacy Initiative.

By Giulia ParaviciniNAIROBI (Reuters) – Ethiopia’s deal to lease a port in Somalia’s breakaway region of Somaliland has infuriated the government in Mogadishu and prompted concern it will further destabilise the Horn of Africa region. Somalia has responded by calling the deal an act of agression and says it will block it. Ethiopia says it is merely striking a commercial arrangement to address a need for access to the sea. So far, no country has publicly backed the port deal. The Arab League, of which Somalia is a member, reaffirmed its support for Somalia’s sovereignty over Somaliland, as did the African Union, European Union and United States.

Ethiopian troops farewell (Source : Halqabsi News)BorkenaEthiopian troops stationed in Ma Dhama camp in Northern Kismayo have reportedly withdrawn. The troops leaving the area were part of the African Union Transition Mission in Somalia (ATMIS) peacekeeping mission. The withdrawal of Ethiopian troops from Kismayo comes amid growing tension between the two countries. The Ethiopian Defense Force has not released a statement regarding the withdrawal at this writing. __Join our Telegram Channel : t.me/borkenaLike borkena on FacebookAdd your business to Ethiopian Business Listing / Ethiopian Business DirectoryJoin the conversation.

BorkenaGidey Zereatsion is one of the founders of the Tigray People’s Liberation Front (TPLF), although he parted ways with the organization several decades ago. In an interview with EVN Ethiopia, he commented on the current situation in the country. While he views the port deal with Somaliland as the greatest mistake, he also appears to foresee an inevitable victory for the Fano forces. Video : embedded from EVN Ethiopia YouTube channelCover photo : screenshot from the videoEthiopian News Video__Join our Telegram Channel : t.me/borkenaLike borkena on FacebookAdd your business to Ethiopian Business Listing / Ethiopian Business DirectoryJoin the conversation. Subscribe to YouTube channel To share information or for submission, send e-mail to info@borkena.com