By the AFREEQUE newsroom, based on Lanation
Djibouti’s gross domestic product, estimated at 522 billion Djiboutian francs in 2019, could exceed 857 billion in 2028. The projection is based on growth in trade, transport, industry and services, according to La Nation.
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
Djiboutian construction and public works professionals created a federation at a constitutive assembly at the Sheraton Hotel in Djibouti. Initiated by the Chamber of Commerce, the organisation is intended to represent national companies and support their access to major projects, according to La Nation.
🇩🇯 Djibouti · Source: Lanation ·
SpaceX posted net profit of $4.4 billion in the third quarter, compared with a loss of $1.1 billion a year earlier, while revenue rose 161% to $14.6 billion. Growth in its artificial intelligence business, driven by cloud services, contributed to the performance, according to the company’s financial results.
🌍 World · Source: Punch ·
An International Monetary Fund study finds that cuts to policy rates in Eswatini may not reduce borrowing costs, as banks could increase their margins to protect profitability. The report links this risk to the banking sector’s integration with South African markets and to interest rate movements, according to the IMF.
🇸🇿 Eswatini · Source: Times of Eswatini ·
Djibouti’s Interior Minister Omar Abdi Saïd called for stronger international engagement in response to worsening humanitarian needs. In Geneva, he notably referred to the arrival of Yemeni refugees in the Obock region and declining funding during the session of the UNHCR executive committee, according to La Nation.
🇩🇯 Djibouti · Source: Lanation ·
At Seoul summit, Djibouti argues for ethical AIAt the global summit on artificial intelligence and digital technology held in Seoul from 19 to 22 October, Djiboutian minister Safia Mohamed Ali Gadileh championed AI based on ethics, transparency and inclusion. She called for people to be placed at the heart of the digital revolution, La Nation reports.
Yas Tanzania trains more than 20 senior employees in leadershipMore than 20 senior employees at Yas Tanzania have completed a leadership training programme to prepare internal candidates for management roles. The course, delivered with Strathmore Business School in Dar es Salaam, aims to strengthen management continuity and the telecom operator’s skills, according to its chief executive, Pierre Canton Bacara.The week in Africa
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