Development
Festival of Economies for Life begins in Bogotá
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The Festival of Economies for Life began on Saturday at the Palacio de San Carlos in Bogotá, organized by the Ministry of Education and the Progressive International. The event, running until May 4, brings together officials and economists to discuss a progressive economic model focused on industry, agriculture, and energy transition. Panels address institutional blockages and income distribution.
Kenya Railways Corporation has issued a tender to buy 24 Diesel Multiple Unit air compressors under a World Bank-backed initiative to improve Nairobi commuter rail services.
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Planning Minister Ahmed Rostom joined an OECD committee meeting to discuss Egypt's cooperation with the organisation. He highlighted the long-standing partnership and revealed plans for the second phase of the country programme.
Egyptian President Abdel Fattah Al-Sisi reaffirmed Egypt’s full support for the African Development Bank Group (AfDB), stressing its crucial role in financing development and infrastructure projects across Africa. Al-Sisi met with AfDB President Sidi Ould Tah to discuss ways to strengthen strategic cooperation.
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Following Prime Minister Abiy Ahmed's announcement, Ethiopia's government has begun rural corridor development in the Arsi and Arsi-Boricha zones, extending urban corridor successes nationwide from Addis Ababa to foster equitable growth and improve rural living standards.
Egypt's Ministry of Water Resources and Irrigation has spotlighted major water projects in the Sinai Peninsula to boost agricultural expansion and food security, on Sinai Liberation Day. Water Minister Hani Sewilam stated that the government is advancing large-scale water management initiatives as part of a broader strategy for sustainable development in Sinai.
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Following the previous day's broad social sector briefing, Prime Minister Dr. Abiy Ahmed's review meeting on April 29, 2026 (Miyazya 21, 2018 EC) in Addis Ababa highlighted accelerated job creation under the 'Social Development Momentum for National Prosperity' theme. Officials reported over 4.32 million jobs in the past nine months—a 22% increase from the prior year—building on recent totals exceeding 19.8 million opportunities.
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