Addis Ababa Chamber Of Commerce and Sectoral Association/AACCSA/ opened 3 exhibitions on Thursday November 11, 2021 which will stretch for five days. The exhibitions include; the 13th agriculture and food /AGRIFEX/, 4th manufacturing and technology /MATEX/ and the 1st motor international trade fairs at the Exhibition center.
Having the theme of commercial agriculture for food sustainability in Ethiopia and trade logistics facilitation for competitiveness in manufacturing, the event is said to be one of the most highly anticipated occasions hosted by the chamber.
“The event will promote the investment potential of those sectors for they entice prospective investors and business persons,” said Mesenbet Shenkut, president of AACCSA while opening the Exhibitions. Mesenbet explained that trade fairs are an ideal venue to form linkages among agriculturalists, technologists, automotive industrialists, service providers as well as suppliers and buyers at all level.
AACCSA hosts a trio of exhibitions
Dashen introduces swifter access to oversees funds
Dashen bank introduces another digital scheme to its remittance operation portfolio. From now on customers will enjoy the easiest and inexpensive pattern for their beloved ones or other partners on the money transfer.
To realize the new scheme, Dashen has partnered with Thunes, a leading global payments network.
As per the partnership, the scheme will allow cross-border fund transfer facilitation, making it quicker and cheaper to send money to Ethiopia from around the world directly to customers’ bank accounts and Amole wallets.
In a press conference held on Thursday November 11, Thunes, a Singapore based B2B company that powers payments for the world’s fastest-growing businesses, and Dashen Bank expressed their commitment to make international money transfers and remittances to Ethiopia fast and in real-time, at more affordable rates using Thunes’ network of sending partners, which operate in more than 100 countries.
Experts stated that the new scheme that Dashen, which is a pioneer on adapting and introducing technology based financial services in the country, would boost the money transfer that flow on legal channels since it is swift and less costly.
The statement that Dashen issued stated that the cross-border payment solution will boost financial participation in Ethiopia as more people are expected to open bank and Amole wallet accounts to receive easy overseas payments.
At the press conference held at Dashen HQ, Asfaw Alemu, President of the Bank said that Dashen is pleased to partner with Thunes, a trusted global leader in the cross-border payments landscape.
Asfaw said this technology-powered solution gives Dashen bank customers fast and convenient access to overseas funds via bank accounts and Amole mobile wallets, “It’s another positive step towards our goal of transforming Ethiopia’s financial services sector and delivering innovations to serve our customers’ needs better,” remarked the bank’s president.
Sandra Yao, Thunes Senior Vice President for Africa, indicated that partnership with Dashen bank will enable customers to send cross-border funds directly to Dashen bank accounts and also support real-time transfers to their mobile money solution – Amole wallets.
‘’We look forward to working with Dashen Bank to help them simplify cross-border transfers for their customers,” she said.
The bank announced that the enhanced remittance service will also boost the inflow of much-needed foreign currency to the country’s economy, where funds sent from abroad are a vital lifeline for many communities.
Currently partners of Thunes include major global players such as Remitly, Ria Financial Services and Western Union, with many more in the pipeline. Customers have benefited from faster payments, with 85 percent of the transactions to Amole wallets processed in real-time.
“Thunes’ priority is to continually expand our network coverage to give our partners better access and increased payment options,” Thunes’ Senior Vice President noted.
Thunes is used by leading global banks, money transfer operators, platforms and many other businesses to make payments to bank accounts, mobile wallets and cash pick-up providers around the world.
Dashen bank which was established in 1995 is one of the pioneer banks in Ethiopia in terms of introducing digital financial solutions and banking technologies. It offers conventional and Sharia-compliant banking services through more than 460 branches. Dashen now has more than 3 million Amole subscribers shortly after it introduced the platform in July 2018.
The bank works in collaboration with various international money transfer agents and has long established strategic partnership with some of the biggest global card networks including American Express, VISA, MasterCard, and China Union Pay.
Short documentaries by all-African filmmaking talent to be launched by Al Jazeera English
Al Jazeera English launches Africa Direct, a distinctive series of compelling and immersive short documentaries produced and directed by all-African filmmaking talent. The documentaries also features an Ethiopian film called The Bookmaker by Filmmaker Girum Berehanetsehay.
The films open an authentic window onto a range of ordinary and extraordinary African lives, to present nuanced and complex perspectives of this diverse and multifaceted continent. The stories give voice to African storytellers, who have so often been drowned out or overwhelmed by outsider mediation. The series comprises around 30 short documentaries, curated into half hour episodes. The first tranche of six half hours starts airing on Al Jazeera English from 30 November 2021 until 4 January 2022, featuring the first 14 short films from 11 countries. These slice-of-life stories each centre around a main character who articulates their own narrative, without reporters or other mediators. Simply put: Africa Direct is African stories, told by African storytellers about African lives – for audiences across the continent and around the world.
What’s on Offer?
These character-led films are traditional and modern, poignant and flamboyant, with people who are surviving or thriving, poor or powerful. At the heart of each film is a story which makes us think, feel and connect.
Traditional knowledge is uncovered as we witness the ancient arts of parchment book-making in the Ethiopian mountains in The Bookmaker, directed by Girum Berehanetsehay.
In Yuhi Amuli’s film The Young Cyclist a young Rwandan Aliane Mugisha , a former hawker becomes a female bicycle taxi-driver and then a competitive cyclist; and in Amelia Umuhire’s Settling Dr Josephine Malonza a professor of architecture inspires her students to take a people-centred approach to the city’s ‘informal housing’ challenges; from Timbuktu a man restores ancient manuscripts in Beïrey-Hou: Desert Libraries by Andrey S. Diarra (Mali); tension between old and modern ways features in In The Aluminium Villageby Onésiphore M. Adonai (Benin) where we meet an engaging young man who must straddle the old ways of his village and his youthful aspirations.
The lives and vocations of African women are explored in On the White Nile by filmmaker Akuol de Mabior, where we are transported into the world of a spirited South Sudanese fisherwoman and boat captain, and in Joan Kabugu’s Throttle Queens (Kenya), we meet a women’s motorcycling club and witness how their love of riding brings them exhilaration, freedom, adventure and a sense of control over their lives.
Celebrating Africa’s flair for creativity and the unusual, we meet a dancing deputy mayor who officiates at wedding ceremonies in Happiness, a joyful film by Valaire Fossi (Cameroon); while in The Cave, directed by El Kheyer Zidani (Algeria), a puppeteer and artist prepares a new show in a remote town, where he and his father share the joys of theatre, music and storytelling; in Colours Are Alive Here by Seydou Mukali (Kenya), a rising star and fashion designer in Kibera, Nairobi’s large urban slum, invites you in to his bustling life as he surrounds himself with creativity, design and artists.
In bold attempts to make a difference we meet a man who has nurtured baobab trees from tiny seeds to an expansive forest for the past 47 years, providing a lifeline and legacy for his village, in The Man who Plants Baobabs (Burkina Faso) by Michel K Zongo.
Filmmaker Oumar Ba’s Kalanda: A Wrestler’s Dream (Senegal) tells the story of a young man determined to make it to the main wrestling arena; and in Diggers and Merchants, by Nelson Makengo (DRC) we meet a manual digger who has worked the copper quarries around his village for years – all he and his peers want is a fair chance to make a living and be respected.
“Documentary storytelling is a hugely influential medium in terms of perceptions of places, people and their power,” says Ingrid Falck, Manager of Documentaries at Al Jazeera English, who conceived and commissioned the series. “We have long championed the idea that those who know their stories best should own them in the media, claim their storytelling space. We have huge audiences across the continent and show a lot of great Africa-centred content – but the western gaze still casts a long shadow over Africa in a lot of other international media. Africa Direct is a celebration – of African documentary talent and of local stories. I’m deeply grateful to the superb pan-African teams and filmmakers who’ve delivered these stunning, immersive and thought-provoking short documentaries, for our global viewers.”
Al Jazeera partnered with Big World Cinema for this project: it is entirely based within Africa. The team includes Executive Producer Steven Markovitz (SA), Series Producers Angele Diabang (Senegal) and Brian Tilly (SA).
“We received over 300 proposals from 31 countries,” says Executive Producer Steven Markovitz of Big World Cinema. “It was an extraordinary experience reading and assessing the wide range of stories from across the continent.”
The main goal of COP26 is ensuring there will be a COP27
By Rob Lyons
The politicians, billionaires and film stars attending the climate carnival on the Clyde say they are ‘saving the planet’ but all they are really doing is ensuring they get to strut around lecturing the rest of us again next year.
The COP26 talks in Glasgow launched on Sunday, 31 October with enormous attention from around the world, but particularly here in the UK. World leaders flew in, showed face and shook hands and we were assured that now is the time for action.
An early and obvious criticism of the conference was the apparent indifference of the great and good to acting as role models for the rest of us. Instead, they flew in on private jets (Air Force One really being the mother of all private jets), with huge entourages in lengthy motorcades. It really was one set of rules for the rich and powerful and another set being hatched for the rest of us. For politicians who normally spend their waking hours stressing about appearances, the ‘optics’ were astonishingly bad.
But perhaps it will all be worthwhile if the conference results in meaningful action on cutting greenhouse gas emissions. And if you were to believe some of the UK government’s press releases, you might even be lulled into believing that meaningful action was already being agreed. So we’ve already had keynote pledges to end deforestation, phase out coal, and mobilise trillions for green investment.
But as Patrick Galey of the Associated Press points out, the details really don’t live up to the hype in the headlines. For example, UK ministers hosting the conference were declaring the ‘end of coal’ thanks to a deal involving 190 ‘partners’. But the deal agreed at COP26 only involved 77 new partners and only 46 of them were actual countries. Of these, just 23 were countries that were newly agreeing to end the use of coal – but 10 of them don’t actually use coal to produce electricity! On this basis, I would like to do my bit for the planet by pledging never to fly in a private jet or go for a holiday on a private island in the Bahamas – things I can only dream about doing anyway.
Still, 190 partners, that’s a serious dent in world consumption of coal, right? Er, no. According to Galey, “national signatories to the COP26 coal pledge account for around 13 per cent of global output.” The big users of coal – like the US, China, and India – haven’t signed up. However, the US did join with a group of other countries in promising to stop financing coal plants overseas – such as in poorer countries hoping to generate electricity for their citizens. So, it’s ‘coal for us, but not for you’. In short: COP26 will help to reinforce global inequality.
What about deforestation? Apparently, countries that account for 85% of global rainforests have pledged to end deforestation by 2030. But a similar deal was signed in New York back in 2014. It’s true that more countries and partners have signed up now, but actual action has been limited so far. As the WWF’s Damian Fleming pointed out to Galey: “We have been here before. Yet since (the New York declaration) a forested area greater than the size of France has been deforested.”
That said, claims about deforestation need to be put into perspective. According to the most recent edition of the UN’s five-yearly Global Forest Resources Assessment, published in 2020: “The rate of net forest loss decreased substantially over the period 1990-2020 due to a reduction in deforestation in some countries, plus increases in forest area in others through afforestation and the natural expansion of forests. The rate of net forest loss declined from 7.8 million hectares per year in the decade 1990-2000 to 5.2 million hectares per year in 2000-2010 and 4.7 million hectares per year in 2010-2020.” Forest area is still in decline, but if you thought we were running out of trees, you’d be wrong. “The world has a total forest area of 4.06 billion hectares (ha), which is 31 per cent of the total land area.”
As for all that green investment? The Glasgow Financial Alliance for Net Zero (GFANZ), co-chaired by billionaire Michael Bloomberg and the former Bank of England governor, Mark Carney, announced that 450 firms, representing an astonishing $130 trillion of assets, had committed to “use science-based guidelines to reach net-zero carbon emissions by mid-century, and to provide 2030 interim goals.”
Some scepticism is required on these headline figures. All of the big fossil-fuel investors are involved. Most of the capital is actually tied up in home mortgages or fossil-fuel infrastructure, according to critics. In reality, GFANZ is pushing governments to stump up cash to make green investments more attractive. Even if that happens, most of the spending that needs to happen on climate resilience is never going to be profitable, regardless of government sweeteners.
So if the announcements on coal, forests, and green finance really don’t add up to all that much, just what is COP26 for? I would argue the process is more important than the results. The Kyoto Protocol, signed in 1997, called for fairly limited reductions in greenhouse-gas emissions but barely succeeded and only did so thanks to setting the starting point at 1990, some creative accounting, the collapse of Eastern Europe’s economies in the 90s, the unrelated ‘dash for gas’ in the UK, and the financial crash of 2008. Moreover, it only applied to developed countries. When an attempt was made to include developing countries at Copenhagen in 2009, things fell apart, with only a fig-leaf agreement at the end keeping the process on the road.
By the time of the COP21 talks in Paris in 2015, an ambitious overall target was declared to keep warming to below 1.5 degrees Celsius above pre-industrial levels. But the actual promised cuts were voluntary and on a country-by-country basis. Subsequent conferences have been about trying to solidify those promises and persuade richer countries to stump up the cash for climate transitions in the developing world. Promises have turned out to be a lot easier than action or signing cheques.
COP26 will no doubt end with another fudge that will be talked up as a success. But the real success will simply be to keep the COP process going. For world leaders, particularly in the wealthy West, the process is as important as any outcomes. Climate change provides them with a great civilising mission, an opportunity to strut about on the world stage when they achieve so little at home.
Moreover, all the easy stuff in terms of climate change has been done. To get the emissions cuts they claim to want, leaders like Joe Biden, Boris Johnson, and Emmanuel Macron are going to have to persuade the people in their countries to accept big hits to their living standards while much more populous and fast-developing countries like China and India rightly use fossil fuels to lift their populations out of poverty. Never mind selling climate deals to each other – the biggest problem for those COP26 leaders is going to be to sell severe climate action to their own voters.
Rob Lyons is a UK journalist specialising in science, environmental and health issues. He is the author of ‘Panic on a Plate: How Society Developed an Eating Disorder’.




