Ethiopia secures US$200m World Bank loan for digital transformation

ETHIOPIA – The World Bank has announced a new support for Ethiopia’s digital transformation with an investment of US$200 million. The institution is currently working on a new project called Digital Ethiopia Foundations, under which it plans to invest about US$200 million to support the country’s digital economy. The announcement was made recently  by Ousmane Dione, the World Bank’s Country Director for Eritrea, Ethiopia, Southern Sudan, and Sudan. According to Mr. Dione, the project will provide funds to further strengthen the regulator and to prepare the legal and regulatory elements of…

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Scheider Electric appoints Carol Koech as the new CEO for East Africa

EAST AFRICA – Schneider Electric, the leader in digital transformation of energy management and automation, has appointed Carol Koech as the new Chief Executive for East Africa. A Kenyan national, Carol will lead Schneider Electric’s growth vision in the region and drive alignment in strategy and process across its Building, Datacenter, Industry and Access to Energy business portfolio. Carol joined Schneider Electric in 2018 where she has helped transform the building’s segment and the access to energy program in East Africa. With a career spanning over 15 years, Carol has…

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