East Africa Energy Cooperation Summit (EA-ECS) and the East African Community (EAC): Driving Energy Across the Region

With the theme “Resource Wealth. Energy Access. Investment Opportunities” the two-day summit will explore what this means for private sector opportunities in depth

ARUSHA, Tanzania – EQS Newswire – 30 January 2025 – The expansion of the East African regional energy sector is happening right now and is set for future growth.  This was the clear message from the East Africa Energy Cooperation Summit (EA-ECS) as the two-day summit kicked off in Arusha.

Africa’s energy IPPs, EPCF stakeholders, investors and policy makers were welcomed to a summit set to shape the future of East Africa’s energy landscape by Jean-Baptiste Havugimana, Director Productive Sectors, East African Community (EAC).

Speaking at the opening ceremony, he noted that the access to electricity in the East African region is currently below 50 percent on average, although countries such as Kenya have gone beyond 75 percent.

“The EAC Secretariat is cooperating with all Member States to increase the rate of access. This is being achieved through shared mini hydro power grids strategically placed along border regions. The EAC is also working to establish a regional power exchange market for shared resources,” said Mr.Havugimana.

Abundant resource discoveries and large-scale projects highlight East Africa’s readiness for market expansion like never before. In the round table titled “Powering East Africa—The Time Is Now,” leaders from the public sector and utilities from Malawi, Kenya, Uganda, and Tanzania discussed the vision and roadmap for the future.   

Costa Rubagumya, Deputy MD, TANESCO, Tanzania said, “Our country connects an average of 500,000 new clients per year. But with Tanzania being among the 12 signatories of Mission 300, from the recent African Energy Summit, the country targets to triple the number to 1.6 million new customers per annum.”

With the theme “Resource Wealth. Energy Access. Investment Opportunities” the two-day summit will explore what this means for private sector opportunities in depth.

Some of the discussions expected to take center stage  is the push for alternative sources of energy.  Stakeholders have emphasized the importance of a diversified energy mix to ensure grid stability and support large-scale industrial expansion and commercial and industrial (C&I) power generation.

Joseph Siror , the Managing Director and  Chief Executive Officer of Kenya Power and Lighting (KPLC) said the East African countries should now move away from over dependency on Hydro sources of energy. He pointed out that, with climate change and fluctuating weather patterns, hydroelectricity is no longer reliable and the EAC region must now consider auxiliary power sources such as Geothermal, Solar, Wind and Biogas.

EA-ECS is welcoming prominent politicians and leaders from across the EAC and its energy sector. They join the private sector business developers shaping the future of East Africa’s energy landscape.

Distributed by APO Group on behalf of EnergyNet Ltd..

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About EnergyNet:

FACILITATING ENERGY INVESTMENT IN FAST-GROWING ECONOMIES – EnergyNet has produced investment forums and executive dialogues for Africa and Latin America’s power sectors for the last 25 years – in Europe, the USA, Asia and across Africa and Latin America.

We work with governments and national utilities to facilitate investment summits where credible international investors can build relationships with public sector stakeholders to advance access to power.

Best known for the Africa Energy Forum, the longest-serving business development meeting place for senior-level decision makers in Africa’s power sector, other leading investment summits that provide strategic perspectives on the investment landscape and project preparation include the Tanzania Energy Cooperation Summit, East Africa Energy Cooperation Summit, West Africa Energy Cooperation Summit, H2 Africa, Offshore Technology Africa, Powering Africa Summit, Latin American Energy Forum and Latin American & Caribbean Gas Conference and Exhibition. YES! Youth Energy Summit and YES! Youth Energy Day are part of the portfolio, with a focus on creating a platform and network to boost the skills, connections and business readiness of a new generation of African energy leaders.

Having this focus on public and private sector partnerships provides us with a valuable lens through which we can offer independent perspectives and support the business development activities of companies from around the world operating in these fast-growing markets.

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The EM DISTRICT Bangkok Unveils Spectacular Chinese New Year Celebrations with 3,000 Panda to Mark 50 Years of Thai-Chinese Diplomatic Friendship

BANGKOK, THAILAND – Media OutReach Newswire – 29 January 2025 – The EM DISTRICT Bangkok is thrilled to announce an extraordinary Chinese New Year celebration in honor of the Golden Year of Friendship between Thailand and China. This milestone marks 50 years of diplomatic ties between the two nations, blending cultural traditions with modern attractions. The auspicious festivities, attended by H.E. Mr. Han Zhiqiang, Ambassador of the People’s Republic of China to the Kingdom of Thailand, alongside Mr. Phumtham Wechayachai – Deputy Prime Minister and Minister of Defence, Mr, Varawut Silpa-archa – Minister of Social Development and Human Security, Ms. Sudawan Wangsuphakijkosol – Minister of Culture Ms. Teerarat Samrejvanich – Deputy Interior Minister, Mr. Chadchart Sittipunt – Governor of Bangkok, Ms. Thapanee Kiatphaibool – Governor of the Tourism Authority of Thailand and The Mall Group’s top management led by Ms. Supaluck Umpujh, Chairwoman of The Mall Group, will take place from January 20th to February 28th, 2025, across the vibrant EM DISTRICT, including Emporium, Emquartier, and Emsphere.

 

 

 

 

From January 22 to February 23, EM DISTRICT will be transformed into a whimsical panda wonderland with the installation of 3,000 adorable panda sculptures. Enhancing the experience, a lively Panda Flash Troop will perform twice daily from January 27th to January 29th, adding an extra touch of excitement and joy for families and visitors of all ages. On the 26th – 27th of January there will be a Panda Culture truck that will showcase Panda ecosystem for all to see as it cruises throughout the city of Bangkok starting from Asoke intersection to the Grand Palace and back to EM DISTRICT.

 

 

 

 

 

 

Food lovers will be treated to a culinary adventure at the Chinese Boulevard Street Food and Tea House Market, hosted at Emquartier. This market will feature 30 carefully curated vendors offering an array of authentic Chinese dishes, traditional teas, and irresistible snacks, promising a feast for the senses.

 

 

 

 

At Emsphere’s Em Market Hall, the Panda Exhibition Showcase and Café will provide a platform to explore and shop for top-selling Chinese products. Running from January 22nd to February 25th, this unique showcase brings the best of China’s craftsmanship and innovation directly to Bangkok, offering visitors a chance to discover exclusive items and cultural treasures.

A Grand Golden Dragon Theme Across EM DISTRICT in this celebration of the Year of the Golden Dragon, all three EM DISTRICT malls will feature stunning golden dragon designs, symbolizing prosperity, strength, and good fortune. These intricate and immersive decorations aim to captivate visitors and create a festive ambiance that resonates with the spirit of Chinese New Year.

The EM DISTRICT Bangkok invites everyone to be part of this historic celebration which will include Chinese face changing shows, concerts, lion blessing troop to commemorate five decades of Thai-Chinese friendship through vibrant festivities, iconic installations, and cultural showcases. Don’t miss this unforgettable event that bridges cultures and communities in the heart of Bangkok.

AstraZeneca achieves top rankings as Best Place to Work across North Africa and Levant in 2024

DUBAI, UAE – Media OutReach Newswire – 28 January 2025 – AstraZeneca, a leading multinational pharmaceutical and biotechnology company, has been recognized as the second-best place to work across the Middle East for 2024 according to the annual prestigious “Best Places to Work” ranking.

The company achieved remarkable country-specific ranking in the Best Places to Work certification, including being named the Best Place to Work for Women and the Best Place to Work for Millennials in select markets.

AstraZeneca took the top spot in Iraq, Algeria, and Lebanon, while securing second place in Morocco and Tunisia. In Jordan, the company earned the third position. Last year, AstraZeneca ranked second across the Middle East, demonstrating sustained recognition of its workplace culture and reinforcing its position as an employer of choice in the region.

In a statement from Rami ScandarNear East & Maghreb Country President, he said“It brings me immense pride and gratitude to witness the remarkable achievements that AZ NEMAG consistently attains. With the recent announcement of our rankings as the best places to work, I am delighted to share that we have secured the 1st and 2nd positions in the Middle East. This outstanding accomplishment is a true testament to your hard work, dedication, and commitment to excellence.”

Heba El Shabrawy, HR Director for AstraZeneca Near East & Maghreb commented on this achievement “Despite the numerous challenges that NEMAG has consistently faced, we continue to be amazed by the incredible talents, commitment, and passion demonstrated by our team members. The achievement of securing the first and second rankings in all our participating markets is a true testament to the remarkable strides we have made over the past year. I would like to take this opportunity to express my gratitude for your hard work and perseverance.”

AstraZeneca Near East & Maghreb has consistently demonstrated its commitment to fostering a positive and inclusive workplace culture, earning the prestigious Best Place to Work certification for several consecutive years. This achievement reflects the company’s dedication to creating an environment where employees feel valued, empowered, and motivated to excel.AstraZeneca Near East & Maghreb excels by prioritizing well-being, growth, and diversity.

For more information about AstraZeneca, please visit www.astrazeneca.com.

For more information about Best Places to Work certification program, visit www.bestplacestowork.org.

Vodafone Egypt secures top spot in the Best Places to Work for Women ranking list for 2024

CAIRO, EGYPT – Media OutReach Newswire – 28 January 2025 – Vodafone Egypt has been named the #1 Best Place to Work for Women, a prestigious recognition celebrating the company’s unwavering commitment to fostering an inclusive, equitable, and supportive workplace for women. This achievement underscores Vodafone Egypt’s leadership in creating a culture where diversity thrives, and female employees can excel both personally and professionally.

The Best Places to Work for Women ranking is based on a rigorous evaluation of workplace practices, policies, and initiatives designed to empower women. Vodafone Egypt’s top position is a testament to its forward-thinking programs, including mentorship opportunities, leadership development, flexible working arrangements, and initiatives aimed at addressing gender equity across all levels of the organization.

Vodafone Egypt has been at the forefront of advocating for gender equality, launching initiatives such as & not limited to:

  • Parental Leave Policies: Vodafone Egypt’s industry-leading parental leave program provides equal opportunities for both mothers and fathers, supporting families and enabling career progression.
  • Leadership Development: Targeted programs to mentor and advance women into leadership positions, ensuring representation at the highest levels.
  • Supportive Culture: A workplace environment that actively champions diversity and inclusion through employee resource groups, training, and regular engagement.

In a statement, Nagla Kinawi, Vodafone Egypt’s Human Resources Director, said: “We are deeply honored to receive this prestigious award, which stands as a testament to our unwavering commitment to empowering women and supporting their professional aspirations. This recognition underscores our dedication to advancing gender equality and fostering an inclusive environment.

This accomplishment reflects our vision of cultivating a workplace that empowers women to drive change, inspire creativity, and pursue excellence daily. It directly contributes to our success and long-term sustainability. This recognition is the result of various innovative initiatives and programs designed to empower women, which have had a profound and lasting impact, significantly enhancing satisfaction levels among our female employees.”

As a leading company in Egypt, with localized efforts to promote diversity and gender equality within the communities it serves. This recognition is a milestone in the company’s broader mission to champion equality and inclusivity across all areas of its operations.

For more information about the certification and ranking process, please visit www.bestplacestoworkfor.org

Vodafone Egypt secures top spot in the Best Places to Work for Women ranking list for 2024

CAIRO, EGYPT – Media OutReach Newswire – 28 January 2025 – Vodafone Egypt has been named the #1 Best Place to Work for Women, a prestigious recognition celebrating the company’s unwavering commitment to fostering an inclusive, equitable, and supportive workplace for women. This achievement underscores Vodafone Egypt’s leadership in creating a culture where diversity thrives, and female employees can excel both personally and professionally.

The Best Places to Work for Women ranking is based on a rigorous evaluation of workplace practices, policies, and initiatives designed to empower women. Vodafone Egypt’s top position is a testament to its forward-thinking programs, including mentorship opportunities, leadership development, flexible working arrangements, and initiatives aimed at addressing gender equity across all levels of the organization.

Vodafone Egypt has been at the forefront of advocating for gender equality, launching initiatives such as & not limited to:

  • Parental Leave Policies: Vodafone Egypt’s industry-leading parental leave program provides equal opportunities for both mothers and fathers, supporting families and enabling career progression.
  • Leadership Development: Targeted programs to mentor and advance women into leadership positions, ensuring representation at the highest levels.
  • Supportive Culture: A workplace environment that actively champions diversity and inclusion through employee resource groups, training, and regular engagement.

In a statement, Nagla Kinawi, Vodafone Egypt’s Human Resources Director, said: “We are deeply honored to receive this prestigious award, which stands as a testament to our unwavering commitment to empowering women and supporting their professional aspirations. This recognition underscores our dedication to advancing gender equality and fostering an inclusive environment.

This accomplishment reflects our vision of cultivating a workplace that empowers women to drive change, inspire creativity, and pursue excellence daily. It directly contributes to our success and long-term sustainability. This recognition is the result of various innovative initiatives and programs designed to empower women, which have had a profound and lasting impact, significantly enhancing satisfaction levels among our female employees.”

As a leading company in Egypt, with localized efforts to promote diversity and gender equality within the communities it serves. This recognition is a milestone in the company’s broader mission to champion equality and inclusivity across all areas of its operations.

For more information about the certification and ranking process, please visit www.bestplacestoworkfor.org

Hong Kong Wraps Up Valuable Participation at WEF Annual Meeting

HONG KONG SAR – Media OutReach Newswire – 24 January 2025 – Financial Secretary of the Hong Kong Special Administrative Region (SAR), Paul Chan, wrapped up his participation at the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland (January 23) with a flurry of thematic meetings, panel discussions and high-level exchanges with global political, business and financial leaders.

As a panelist for a discussion session titled “Stemming Financial Fragmentation”, Mr Chan noted that while geopolitics may subject regional and global financial markets to greater volatility, Hong Kong boasts a robust financial system and strong buffer, maintains a free and open business environment, and steadfastly upholds the linked exchange rate system.

Hong Kong SAR’s Financial Secretary, Paul Chan (second right), participating in the session “Stemming Financial Fragmentation” of the WEF Annual Meeting.

He added that Hong Kong is actively embracing financial innovation, including the development of digital assets, with appropriate regulations in place to promote the responsible and sustainable growth.

In another thematic discussion, organised by the Giving to Amplify Earth Action launched by the WEF, the Financial Secretary noted that Hong Kong, as an international financial centre, plays to its strengths as a “super-connector” and “super value-adder” in promoting investment in climate projects. Hong Kong provides financial support for green and transition projects through its comprehensive financial services. It also seeks to facilitate co-operation among the public, private and philanthropic sectors.

In support of the city’s efforts to develop trade relations with “Global South” countries, Mr Chan held bilateral discussions with the Minister of Investment of Saudi Arabia, Khalid Al-Falih, and the Minister of Finance of Egypt, Ahmed Kouchouk, and invited them to lead business delegations to Hong Kong to explore mutually beneficial co-operation opportunities.

Mr Chan also met with the President and the Chief Executive Officer of Franklin Templeton, Jenny Johnson, to discuss the business expansion plans of the international fund group in the region.

A day earlier (January 22), Mr Chan met representatives from Coinbase, a United States cryptocurrency exchange platform, to learn about the company’s latest business development and exchange views on global trends and regulatory policies concerning digital assets.

Mr Chan also met with senior management from insurance provider Swiss Re, where he outlined Hong Kong’s initiatives to strengthen its role as an international risk management centre, including the development of innovative products such as catastrophe bonds. He emphasised that Hong Kong would continue to encourage businesses worldwide engaged in infrastructure and investment projects to leverage the city for comprehensive risk management, adding that Hong Kong seeks to attract more domestic and international companies to establish captive insurance companies in the city.

Other bilateral meeting included those with the Minister of Finance of Qatar, Ali bin Ahmed Al-Kuwari, and the State Secretary for International Finance, Federal Department of Finance of Switzerland, Daniela Stoffel, respectively. Exchanges focused on the latest global economic and financial landscapes and ways to enhance co-operation between Hong Kong and both economies in trade, financial services and infrastructure.

Mr Chan (left) meeting with the founder and executive chairman of the World Economic Forum, Professor Klaus Schwab.

In discussion with Professor Klaus Schwab, founder and executive chairman of the WEF, Mr Chan said Hong Kong is willing to strengthen co-operation with the WEF in different areas, including green transition, financial services development, urban management, and more. He added that Hong Kong valued its participation in the WEF Annual Meeting, which provides an opportunity to showcase the city’s unique advantages under the “one country, two systems” principle and better understand international trends, exchange views with various economic and sectoral representatives, and present Hong Kong’s perspectives.

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