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Advisor To The President Ivanka Trump And OPIC Chief Announce $1Billion Women’s Investment Initiative

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Advisor To The Presidential Ivanka Trump And OPIC Chief Announce $1Billion Women's Investment Initiative

Advisor and daughter of the US President, Ivanka Trump, has joined with David Bohigian, acting president and CEO of the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, to announce the launch of OPIC’s initiative to support investment in women in Africa. The announcement was made during a U.S. government delegation to Ethiopia.

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OPIC aims to unlock the full economic potential of women in Africa by catalyzing one billion dollars through the initiative, directly investing 350 million dollars in businesses and funds owned by women, led by women, or providing a good or service that intentionally empowers women on the continent.

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The women’s initiative will advance the white house-led government commitment to empowering women globally.

Ivanka Trump said for women to succeed as entrepreneurs and job creators, they must have equal access to the financing necessary to start and grow their businesses,

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The Overseas Private Investment Corporation, (OPIC), was established in 1971 as a self-sustaining U.S. government agency that helps American businesses invest in emerging markets.

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Uganda: Two Arrested Over Makerere University Fire / ANN News

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Uganda Two Arrested Over Makerere University Fire ANN News

READ:  Ethiopia Hopes Eritrea Peace Will Bring Prosperity
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Soaring Inflation Hampers South Sudan Government / ANN News

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Soaring Inflation Hampers South Sudan Government / ANN News

READ:  UN Hopeful For Solution To Conflict In Libya After Tunis Meeting
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Bah Ndaw Sworn In As Mali’s Transitional President Following Coup

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Bah Ndaw Sworn In As Mali’s Transitional President Following Coup

Mali’s new interim president Bah Nda`w has been sworn into office today, Friday at a ceremony in the nation`s capital, Bamako.  The former defence minister and retired army colonel was picked by coup leader, Colonel Assimi Goita, to head a transitional government until elections are held. Colonel Assimi Goita, will serve as deputy president.

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Nda`w said, in his inauguration speech, that he will end militant insurgency in the country’s north and stop organized crime.

The military junta in Mali took over power and forced Ibrahim Boubacar Keïta out of office five weeks ago. ECOWAS leaders have overseen negotiations for a return to democracy.  The appointment of a civilian president was a condition for the west African regional group, ECOWAS, to lift the sanctions it earlier imposed after the coup.

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Mali leaders are hoping ECOWAS will lift sanctions on the country after the inauguration. The new government is expected to be in office for a transition period of 18 months that will lead to an election.

READ:  South Africa Gives Power Company Eskom $5 Billion Lifeline

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