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first_img2017 African Economic Outlook Report Fostering entrepreneurship and industrialization in Africa are vital factors in the overall development of the continent, according to the 2017 African Economic Outlook.The new report, released during the African Development Bank (AfDB) annual meetings, in Ahmadabad, India, predicts an uptick of growth in 2017, after a tough 2016 and Africans should push for accelerated development by harnessing local resources to boost entrepreneurship and drive its industrialization.Participants at the meeting expressed view that “Entrepreneurship is the engine and spirit that drives private sector and growth.”A dispatch quoting Angela Lusigi, Policy Advisor at the United Nations Development Programme (UNDP) in Africa, said raising the value of entrepreneurship and the private sector was the best way to leverage democratic dividends on the continent. In the same vein, she argued that African education must move away from theory to inculcate practical skills, support apprenticeship and boost industry.On the financial side, the focus must go beyond tax revenues and foreign assistance to internally generated resources for accelerated development, she said.The 16th edition of the AEO which focuses on “Entrepreneurship and Industrialization in Africa” provides in-depth analysis of the role of entrepreneurs in Africa’s industrialization process. It suggests practical steps that African governments can take to carry out effective industrialization strategies.Produced by the AfDB, OECD Development Centre and the UNDP, the publication contains projections and analysis on macroeconomic, finance, trade, social and human development trends and statistics for the continent. It also includes in-depth country profiles which look at recent economic developments and highlights the main policy issues facing each of the 54 African countries.Presenting the report earlier, Abebe Shimeles, Acting Director, Macroeconomics Policy, Forecasting and Research at AfDB, said that it exposed the myth that Africa’s resilient economic growth was entirely derived from natural resources.The flagship report shows that Africa’s real GDP growth slowed down to 2.2% in 2016, mainly due to the continued fall in commodity prices and weak global economic growth. East Africa was the fastest-growing region at 5.3% real GDP growth, followed by North Africa at 3%. Growth in other regions was poor, ranging from a low of 0.4% in West Africa, dragged down by the recession in Nigeria, to 1.1% in Southern Africa, with South Africa, the region’s largest economy, posting only 0.3% growth.The report maintains that with dynamic private sectors, entrepreneurial spirit and vast resources, Africa has the potential to grow faster and more inclusively. The continent’s average growth is expected to rebound to 3.4% in 2017, assuming that the recovery in commodity prices is sustained, the world economy is strengthened and domestic macroeconomic reforms are entrenched. In 2018, growth is expected to consolidate, expanding by 4.3%.However, AfDB President Akinwumi Adesina, who has embraced the “Africa’s Optimist-in-Chief” label, noted that beyond the averages, African economies have remained resilient to headwinds and external shocks, citing countries such as Côte d’Ivoire, Ethiopia, Kenya, Tanzania and Senegal, which were recording growth rates ranging from 6% to 8% or more.Noting that Africa has the fastest-growing economies in the world as well as the youngest population, the real issue is “What do we do with the youth and how to develop their capacity to unlock their entrepreneurship? How does Africa take advantage of its diversity?”Other key participants at the meeting includes Central Bank of Liberia (CBL), Milton A. Weeks; Finance and Development Planning Minister Boima Kamara and the host of other relevant heads of corporates and agencies in the country.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more


first_imgONTARIO – Robert Thurman had a hand on seemingly every ball on both ends of the court Friday night, and there was nothing Rosamond High could do about it. The 6-foot-7 senior from Desert High of Edwards Air Force Base recorded a triple-double, finishing with 11 points, 10 rebounds and 10 blocks to guide the second-seeded Scorpions to a 49-44 victory over the top-seeded Roadrunners in the Div.V-A championship game at Colony High. “They were double-teaming me early in the game, but they lost energy late,” Thurman said. “They couldn’t stop me in the fourth quarter.” The Scorpions (23-2) led 27-19 at halftime, but Rosamond (22-7) cut the deficit to three points after Dominique Lewis’ layup with 4:19 left in the third quarter. Phil Pleasant provided Desert with a much-needed spark to thwart the comeback attempt, diving head-first across the scorer’s table for a loose ball. “I was going to leave it all out on the floor, even if I hurt myself,” Pleasant said. Desert responded and opened up a 42-33 lead after a Thurman layup with 3:49 left in the game. Teammates Brandon Lowe and Brandon Hordrichok added several key free throws down the stretch to put the game away. “Robert is game-changer,” Desert coach Phil Pleasant said. “He’s our X-factor.” Thurman was particularly effective in the second half, scoring eight points, including six in the fourth quarter, highlighted by a layup with 1:48 left to give Desert a 46-41 lead. center_img “We worked hard all year to get to this point, and we weren’t going to let this one slip away,” Lowe said. Christian Holden wasn’t intimidated by Thurman’s size early on and attacked the basket frequently, scoring the first eight points for Rosamond, which took a took a four-point lead midway through the first quarter. Desert answered with an 8-0 run, highlighted by a pair of 3-pointers from Lowe to take a 15-13 lead, and the junior guard converted a 3-point play with 2:50 left in the second quarter to extend the lead to 27-18. Lowe finished with 15 points and seven rebounds and Pleasant added seven points for Desert. Holden had 15 points and 12 rebounds, and Raymund Bernas had 11 for Rosamond. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more


first_img Katrien Meire watches on as Charlton lose to Burnley 1 Charlton remain committed to recruiting a British manager and overhauling their transfer policy despite missing out on Chris Wilder, according to chief executive Katrien Meire.The recent resignation of Jose Riga means the Addicks are pursuing a new manager for the sixth time since the sacking of Chris Powell in March 2014, and earlier this week they were close to appointing Wilder following his impressive body of work at Northampton.As talks progressed a final agreement was unable to be reached, however, and amid reports the club had refused to give full control of transfers to Wilder, he has since joined Sheffield United.Meire remains as unpopular among the club’s fans as the owner they consistently protest against, Roland Duchatelet, but she has revealed Charlton have already identified alternative candidates to Wilder, who she claims lost interest after an approach from “another club”.“It got out, we got a signed agreement, there was a clause in there he had full control over player recruitment, but he gets approached by another club,” the 31-year-old Belgian told Press Association Sport.“We’re looking now into the process and we have several British or English experienced managers. We’re looking into it.“(The new manager needs) experience and also – what we think was one of the main problems – (to overcome) so many poor moments of discipline among the players.“(He’ll need to) go back to the core Charlton is about – a hard-working footballing team – and make everybody work for the same kind of goal.“(It’s) not just general discipline problems, but somebody that can bring a team spirit back.“It’s disruptive to your business (to have so many managerial changes) and that’s why we are now relegated. We had too many managers in a short time.”Should Meire succeed in recruiting a British successor to Riga, he would represent the first British managerial appointment under Duchatelet since he assumed control of the club in January 2014.Since then, under Belgians Bob Peeters and Karel Fraeye, Riga – who has been manager twice – and Israel’s Guy Luzon, Charlton have gradually declined to the extent they were recently relegated to Sky Bet League One.Their poor record in appointing managers has been criticised as much as the players they have bought, but Meire believes it is a misconception they only sign those from within Duchatelet’s network of clubs, even if she recognises numerous mistakes have been made.“We only did one (signing from within the network) last season and that’s it,” said Meire. “But the main focus for League One will be obviously recruiting experience from League One, League Two and some Championship, I think.“It’s too early (to say how transfers will change). Probably we recruited players that didn’t play enough games (in the) seasons before, so when they started playing for us their load was too high and they got too quickly injured.“That’s why we ended up with lots of injuries.”last_img read more


first_imgThey mightn’t admit it but there were a few watery eyes at the post office in Letterkenny last Friday as postmen moved out of the Main Street depot for one last time.The delivery men will this morning start work at their new premises at Business Park Road next to the Swilly School of Motoring.The only remaining staff at the Main Street offices will be counter staff and TV license workers with the office due a major renovation in the coming months. The new Delivery Service Unit (DSU), which is managed by Paul Herrity, is a state of the art building with adequate parking spaces for both staff and members of the public.The new building will cater for all businesses who have PO boxes while people looking for registered mail and packages for collection will also have to come to the new premises.The old post office on the Main Street will continue to cater for the general posting of letters as well as bill payment, stamps and social welfare payments.Among those pictured during the final day at the Main Street was Eddie Margey, Paul Crampsie, Mark Nee, Daire Kelly, Charlie Kelly, Anthony Gorman, Gay Mailey, Tony Duffy, Tadhg Culbert and Ed Margey. We wish all the staff well in their new premises and we’re sure they’ll continue to ‘deliver’ week-in and week-out.Ends EndsLETTERKENNY POSTAL STAFF CALL TIME ON THEIR MAIN STREET PREMISES – PICTURE SPECIAL was last modified: August 21st, 2011 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Letterkenny Post office stafflast_img read more


first_imgThe news that the tourism industry had experienced a bumper July has given the Donegal tourism industry a huge boost. County Manager Seamus Neely says Donegal has so much to offer visitorsA number of surveys this summer have all concluded that this summer is shaping up to be one of the best tourism seasons in almost a decade for the county.And the most recent news coming from online travel agent, EBookers.com, that Donegal ranked number 1 in a nationwide poll with a staggering increase of 800 per cent in bookings is certainly evidence that County Donegal is fast becoming Ireland’s favourite holiday destination. Welcoming the news, Seamus Neely, Chairman of Donegal Tourism Ltd and Donegal County Manager said he is absolutely delighted that Donegal has seen an influx of holidaymakers this summer.“It is my view that Donegal has a fantastic range of visitor products. We have some of the best Hotels, B&B’s and Guesthouses in Ireland. We have more Blueflag Beaches than any other County in the Country, and most important of all, we offer a high quality tourism product at very competitive rates.“I would like to praise the excellent work of Fáilte Ireland, Donegal Hotel Federation, Donegal Self-Catering Association, B&B Ireland, and all of the Small and Medium Sized Enterprises that have really come together this year to ensure that Donegal’s tourism product is as competitive as any on the Island of Ireland.“I think it is important to recognise the contribution of the Elected Members on Donegal County Council for their continued support for the tourism sector. It is our ambition that the rest of the year will be as successful as the last number of months. There are still plenty of reasons to visit Donegal this summer and autumn.” Donegal County Council launched a new destination tourism website – www.govisitdonegal.com in February 2013, began an intensive marketing campaign aimed at the staycation market in April. GoVisitDonegal.com saw an extraordinary increase of 463% in visitor traffic in July, with many users searching for information on beaches, accommodation and festivals or events.The €104,000 advertising campaign targeted the key visitor markets in Belfast, Dublin, Cork and Galway, through a range of outdoor billboards, bus advertising in the capital and an intensive national radio and print campaign. The campaign was funded by Donegal Local Development Company and Inishowen Development Partnership under the LEADER element of the Rural Development Programme.Tourism Development Officer, Kevin O’Connor added it is clear that Donegal has benefited from the heatwave in July.“However, I think it is worth noting that while the weather was an attraction for many people, there were certainly other factors in making Donegal the number one choice for holidaymakers in 2013.“Our festivals and events programme, marketed under the Gathering and Donegal Gathering Brands has been second to none. Big ticket events such as the Earagail Arts Festival, Feile An Grianan, the Donegal Rally, Letterkenny Live, A Taste of Donegal Food Festival are major attractors for visitors. That is not to forget the hundreds of community-driven events and gatherings that have really added to the annual festival calendar. “We have also benefited from our partnership work with the City of Culture team, and our trade have been very astute in creating innovative packages around the big events happening in Derry this year. “TOURISM BOSSES SAY DONEGAL CAN CONTINUE TO WOO VISITORS was last modified: August 15th, 2013 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:County Managerdonegal tourismSEAMUS NEELYtourismlast_img read more


first_imgThe Killotto had no winner this week. The numbers were 12, 17, 24 and 25. There were two match 3 winners. Next week’s Killotto jackpot is €5,300 and Match 3 is €60. The team selling Killotto this week is Mairead Gallagher’s team. Next week sellers the 24th of November are Billy Broderick’s team. You can now do the Killotto online. Visit www.locallotto.ie and go to the Killybegs page. There was no winner of the Bingo Jackpot. Consolation prizes went to Sara Carr, Bruckless. Next week’s Jackpot will be €2,400 on 51 calls.  The seniors played Bundoran last weekend in promotion playoff in Donegal. It ended in a draw. Result: Killybegs 1-05 Bundoran 0-08. Replay will be played this weekend. Look in sport section for time and venue. The club are having a fundraiser quiz on Friday night in the Tara Hotel at 10pm. Please support and enjoy the night.  The A.G.M. will be held in the Tara on the 30th of December and the club will be holding a social night over the Christmas period. We would like to wish Paul Delaney from Bundoran a speedy recovery from his injury in the match last weekend. The Pairc Committee has closed the new pitch at Fintra for re-sodding and verti draining.GAA: KILLYBEGS GAA CLUB NEWS was last modified: November 13th, 2012 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:GAA: KILLYBEGS GAA CLUB NEWSlast_img read more


first_imgJim McGuinness has revealed that he had his mind made up to step down as Donegal manager before the All-Ireland final with Kerry. McGuinness gave his first interview since taking the decision to leave the Donegal job on RTE’s The Saturday Night Show.McGuinness spoke candidly to Brendan O’Connor about his decision to quit the Donegal job, and said the last five years was an incredible journey. McGuinness remarkably revealed that he knew he would leave his role as Donegal manager before the All-Ireland final with Kerry, regardless of the outcome of the match.However he did say that not winning the All-Ireland did make it slightly more difficult for him to walk away.McGuinness told O’Connor, “I had my mind made up before the All-Ireland final, regardless of the result, we didn’t get the ending we wanted, but it’s been an incredible journey.“I asked for a four-year term, because I thought that’s how long it would take us to win the All-Ireland, but we won it in year two, and got to the final in year four. “It’s been one of the best experiences of my life, and it’s been the most incredible journey.McGuinness revealed the decision to leave was all the more difficult because of the bond he had developed with the players over the years, and spoke affectionately about the changes that occurred to the group during their journey.“When I started out, I had one child, now I have five, where did I get the time to manage that, he joked.“We’ve become so close, I’ve seen some players start college and come out at the end of that cycle, some players have got married, some have had children, it’s been an amazing journey, and we’ve all become very close.“All the training camps, all the overnight stays in hotels, the training, it’s been intense, but we all gave it everything, absolutely everything for our county. When asked about his decision to inform the group of his decision to step down via text, McGuinness said that’s the way they operated.“Donegal’s a huge county, I wasn’t going to drag players to a hotel, to tell them something so short, but it was emotional thing to do, when I sat down to send that group text to the players.“I got texts back from the players, and there was some lovely words sent back, and that meant a lot.“We were part of an amazing journey, all of us, together, and as I said we gave it everything. McGuinness was the most successful manager in the history of Donegal GAA, landing three Ulster titles and one All-Ireland, and nearly winning a second All-Ireland crown last month.The search for his successor continues, with his former assistant Rory Gallagher the hot favourite to land the job.MCGUINNESS – “I HAD MY MIND MADE UP BEFORE THE ALL-IRELAND FINAL THAT I WAS LEAVING” was last modified: October 19th, 2014 by Mark ForkerShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:donegalGAAinterviewJim McGuinnessnewsRTESportThe Saturday Night Showlast_img read more


first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWalnut’s Malik Khouzam voted Southern California Boys Athlete of the Week The first release under the MTV brand will be the sports comedy “Rumble” starring Faizon Love (“Animal”) and singer Ciara. The VH1 brand’s first film will be “Totally Awesome,” an homage to ’80s movies written by “Chappelle’s Show” co-creator Neal Brennan and Michael Schur of “Saturday Night Live” and NBC’s “The Office.” Additional projects under the MTV, VH1, CMT and Logo brands are due to be announced soon. The projects will be marketed on the various channels, through online sites and wireless technology, among others. The titles will feature on-camera and behind-the-scenes talent from MTV’s various networks including MTV, VH1, CMT and Logo. Yapp would not say which specific personalities were being lined up for films but did expect to cast plenty of them. “We will use channel talent that our audience loves and supports,” he said. In addition to the original content, the new DVD division also will distribute films acquired in conjunction with Paramount Home Entertainment. The goal is to use all of the company’s various platforms to serve key niche audiences with a variety of film genres. “The experience of our team combined with MTV Networks’ unique relationship with its audience gives us a great opportunity to produce original DVD content that is directly targeted at the MTV, CMT, VH1 and Logo audiences,” stated Thomas Lesinski, president of Paramount Pictures, Worldwide Home Entertainment. Greg Hernandez, (818) 713-3758 greg.hernandez@dailynews.com 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!center_img Viacom Inc. is using corporate synergy to try and grab a bigger portion of the lucrative DVD market. The conglomerate announced Monday that its MTV Networks Music, Logo Enterprise Group and Paramount Home Entertainment are banding together to produce and release dramas, comedies, documentaries and music-based films on DVD. “It’s really what Viacom can and does really well which is utilize our platforms to change the business model,” said Jeff Yapp, executive vice president of MTV Networks Music and Logo Enterprise Group. “All the titles will premiere on the networks with full support and programming behind it and will go right to DVD.” But some films will be targeted for limited theatrical release to test the box office waters. If they take root, their release will be widened. But no films are slated to begin with a wide release, Yapp said. last_img read more


first_imgA man has appeared in court after being caught in possession of 10 stolen mobile phones.Gardai stopped Sabin Rostas at a routine checkpoint at Oldtown in Letterkenny, Co Donegal on February 24th last and discovered the phones. A Garda investigation showed the phones had been stolen at a number of local bars earlier.Rostas was arrested and when the charges were put to the accused man, he replied: “I did not take the phones.”The 28-year-old from The Green in Convoy, who denies the charges, appeared at Falcarragh District Court.Rostas’ solicitor Mr Patsy Gallagher applied for bail but Gardai objected.Garda Niall Murphy said he had fears that the accused man would leave the country.Mr Gallagher said his client could surrender his passport and identity card to the court but Garda Murphy said this would not prevent the accused travelling to the United Kingdom.Judge Paul Kelly said he was refusing bail because Rostas had a history of failing to take bench warrants.The case was adjourned to next Monday by videolink.Gardai said there may also be further charges against Rostas brought before the court.Man caught in possession of ten stolen mobile phones was last modified: May 17th, 2019 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:courtdonegalGardaipossessionSabin Rostasstolen phoneslast_img read more


first_imgANAHEIM — Tomas Hertl scored two even strength goals in the first two periods of Thursday’s game against the Anaheim Ducks at Honda Center. Then the Sharks’ special teams came alive to produce two more goals.Brent Burns scored a power play goal at the 8:05 mark of the third period and Evander Kane scored shorthanded two minutes and 27 seconds later to help give the Sharks a 5-3 victory over the Ducks, extending their win streak to five games.Kane’s goal, his 12th of the season, came off a …last_img