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Page 19 - எங்களுக்கு சர்வதேச வளர்ச்சி நிதி கார்ப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Meet the World s Largest Free Trade Area

Leaders from around the world, including many in Africa, have been sending congratulatory messages to U.S. President-elect Joe Biden and Vice President-elect Kamala Harris. After four years of a U.S. administration that waged war on multilateral institutions, African hopes are high for a reset. And it couldn’t come at a better time. As a collective, the continent is embarking on a new economic path. In 2018, African heads of state signed an agreement that would bring to life the African Continental Free Trade Area (AfCFTA) a game-changer in African regional and international trade. When it comes into effect in stages over the next several months and years, the AfCFTA will cover a market of more than 1.2 billion people and up to $3 trillion in combined GDP, with the potential of increasing intra-African trade by over 50 percent, according to the United Nations Economic Commission for Africa.

Huawei Eyes Ethiopia Growth as Telecoms Industry Opens Up

Huawei Targets Ethiopia as Telecoms Industry Opens Up Bloomberg 1/12/2021 Huawei Technologies Corp. is positioning itself to get more business in Ethiopia, as the East African economy opens up its telecommunications sector. “Ethiopia is rising and becoming much more important for the future,” Loise Tamalgo, Huawei’s head of public relations for 22 countries in sub-Saharan Africa, said in an interview in Ivory Coast’s commercial capital, Abidjan. “Our strategy is very simple,” Tamalgo said. The company plans to leverage its position as a vendor of the state-owned monopoly Ethio Telecom to bid for opportunities in the country, he said. Liberalization of the telecom industry is at the forefront of what Ethiopian Prime Minister Abiy Ahmed said in 2018 would be a wide-ranging privatization program. The plan was intended to bring in much-needed foreign exchange and boost the economy, while improving connectivity across the Horn of Africa nation.

What s up with… T-Systems, AWS, Nokia, Samsung, Digital Platforms & Services

Nokia hires ex-Ericsson exec to be new head techie Samsung boasts mega-core performance, gets jiggy with IBM Industry love-ins, some cracking 5G core throughput and Nokia’s new chief tech-head scream the loudest in today’s news chorus. Deutsche Telekom’s T-Systems and AWS have strengthened their partnership with a multi-year Strategic Collaboration Agreement that will result in faster enterprise cloud migrations and enhanced security to T-Systems customers. If it s good for the customers it has to be a good move, right? For more details, and some examples of how T-Systems has helped large companies migrate to AWS, see this press release.

Huawei eyes Ethiopia as telecoms industry opens up

Huawei eyes Ethiopia as telecoms industry opens up Huawei Technologies is positioning itself to get more business in Ethiopia, as the East African economy opens up its telecommunications sector. “Ethiopia is rising and becoming much more important for the future,” Loise Tamalgo, Huawei’s vice president for sub-Saharan Africa, said in an interview in Ivory Coast’s commercial capital, Abidjan. The company is likely to move a regional office covering about five countries from the Democratic Republic Congo to Ethiopia, where it currently only has a country office, he said. “Our strategy is very simple,” Tamalgo said. The company plans to leverage its position as the main vendor of the state-owned monopoly Ethio Telecom to bid for opportunities in the country, he said.

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