Norway and ITU support Ghana in opening Digital Transformation Centres

GHANA – The International Telecommunication Union (ITU), the Norwegian Government and the Government of Ghana are set to sign agreements to support the Digital Transformation Centres (DTC) Initiative in Ghana. Launched by ITU in partnership with Cisco and its Country Digital Acceleration Program and Cisco Networking Academy in 2019, the Digital Transformation Centres (DTC) Initiative is operational in nine countries in Africa, Asia-Pacific and Latin America. Its main goal is to support countries to equip people with the skills needed to effectively participate in today’s digital society and economy. According…

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Norway and Netherlands inject US$2.5m into Moroccan aquaculture project

MOROCCO – The Netherlands and Norway have contributed US$2.5 million to the Moroccan aquaculture project aimed to promote the country’s fish farming industry. Norway’s financial contribution to the project amounted to US$1.65 million, while the Netherlands injected US$0.85 million. The UN Food & Agriculture Organization (FAO) also supports the initiative, which is a joint effort of the Moroccan Fisheries Department and the National Aquaculture Development Agency. The funds will go towards installing a training station for fish and shellfish production in the southern province of Sidi Ifni. The project targets to…

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Norway sets up US$33m annual fund to boost renewable energy investments in developing nations

NORWAY – The government of Norway has committed to allocating US$32.88 million (NOK300 million) annually to provide better guarantees for businesses that are willing to invest in renewable energy in poor countries. Norway’s Minister of International Development, Dag-Inge Ulstein while giving the announcement noted that providing increased access to clean energy will reduce poverty, improve health and mitigate climate change in these countries.  The fund for renewable energy comes at a time when the world is facing a climate crisis and would have a significant impact as most developing countries…

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UK’s Domino’s Pizza to exit foreign markets to cut down on operational costs

BRITAIN – Britain’s biggest pizza delivery company, Domino’s Pizza Group Plc has said that it would pull out from its loss-making international operations, sending shares higher in early trade. The move to exit four European markets comes a few months after the company announced that its CEO David Wild would retire, amidst a row with disgruntled franchisees in the UK and Ireland over commercial terms.  “We have concluded that, whilst they represent attractive markets, we are not the best owners of these businesses,” outgoing CEO Wild said. The company however…

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