ambitious

In an ambitious move that reflects Ethiopia's architectural aspirations, the government is spearheading a remarkable $445 million project: the construction of a stunning 62-story headquarters for the Ethiopian Electric Power (EEP). This building not only aims to elevate the skyline of Addis Ababa but also positions Ethiopia as a pioneering force in modern architecture within Africa. Originally proposed in 2023, the project faced delays due to financial constraints, casting shadows on its highly anticipated…

The European Commission has set an ambitious target to achieve a 90% reduction in net greenhouse gases by 2040, measured against 1990 levels. This proposal aims to build upon the already established 2030 goal of reducing carbon emissions by 55%, which the Commission asserts that the EU is "well on track" to meet. Nevertheless, environmental organizations have voiced their concerns regarding this new target. Critics argue that it relies heavily on advancements in carbon capture and storage technologies and introduces…

Dangote's Vision for Nigeria's Future In a notable move that promises to reshape the Nigerian economy, Aliko Dangote has recently announced plans to list his extensive oil refinery on the stock exchange by the end of 2026. This ambitious initiative is not merely about financial gain; it represents a broader vision—a commitment to catalyzing growth within the country's industrial landscape. The refinery, a monumental installation poised to produce a significant share of Nigeria's oil needs, serves as a beacon of hope for…

Mogadishu (AX) — Somalia is setting ambitious goals as it embarks on a journey to triple its renewable energy capacity by 2030. This initiative is part of a holistic strategy aimed not just at slashing high electricity costs, but also at significantly expanding access in its rural communities and gradually breaking the long-standing reliance on imported diesel fuel. Collaborating closely with the International Renewable Energy Agency (IRENA), Somalia's new approach envisions a formidable leap in renewable energy…

In the heart of Addis Ababa, Ethiopian Airlines is navigating some exciting new avenues. The airline recently embarked on testing an array of aircraft models, including the Airbus A220, Embraer E-2, and the Boeing 737 MAX 7, which is still awaiting final certification. It's a classic case of readiness meeting opportunity; however, the pressing question remains: how will these choices align with the future of air travel in the region? The Boeing 737 MAX 7 stands out due to its capacity to accommodate more…

On a sunny Sunday, Egypt unveiled plans that could reshape its geographical and economic landscape. The initiative centers around the creation of a new city in the desert—Jirian City—signifying a bold attempt to navigate the complex challenges of water scarcity and economic strain. This ambitious project involves rerouting roughly 7% of Egypt's annual Nile River quota away from the fertile delta regions, aiming to direct much-needed resources into urban and agricultural development. According to Reuters, the diverted water…

Kenya's Universal Health Coverage Initiative: Progress Amidst Challenges On May 22, 2025, Health Cabinet Secretary Aden Duale met with Dr. Tedros Adhanom Ghebreyesus, the Director-General of the World Health Organisation (WHO), amidst the poignant backdrop of the ongoing Universal Health Coverage (UHC) program in Kenya. The program, envisioned to ensure that every citizen has access to quality and affordable healthcare without the burden of financial strain, has found itself in turbulent waters, facing both skepticism and…

The Future of BRICS and the U.S. Dollar: Insights from Brazil’s Central Bank The monetary landscape is a fascinating realm, full of intricate dynamics and shifting power balances. Recently, Nilton David, the Monetary Policy Director at Brazil’s Central Bank, shared his thoughts, shedding light on the BRICS nations and their ongoing relationship with the U.S. dollar. His insights spark a conversation worth having: Can emerging economies ever rival established financial titans? During a recent central bank webcast, David…

Somalia Launches Ambitious Nationwide Vaccination Campaign Photo: AP In an inspiring stride towards safeguarding the future of its youngest citizens, Somalia has initiated a comprehensive vaccination campaign. On a Monday that will be remembered in the annals of public health, the nation set its sights on immunizing over 3 million children against preventable diseases, specifically measles, polio, and pneumonia. This monumental endeavor reflects not just a numerical target but a vital commitment to children's health…

A Transformative Force for Africa’s SMEs: The Role of TAG At the heart of a flourishing economy lies the capability to innovate and adapt, particularly in regions rich with potential like Africa. As Africa's small and medium-sized enterprises (SMEs) and creative sectors continue to evolve, there emerges a critical need for tailored support. Enter TAG, an independent advisory and investment management firm dedicated to empowering enterprises across the continent. TAG has positioned itself as an essential partner, not…