Business
Nigeria, Morocco Move To Tackle Economic Hiccups
Nigeria and Morocco last Wednesday in Abuja mapped out strategies to tackle various economic challenges confronting both countries.
The initiative, championed by the Nigeria Economic Summit Group (NESG), Africa Economic Development Policy Initiative (AEDPl) and OCP Policy Centre, Morocco, is aimed at creating a platform for dialogue on economic development.
The dialogue centered on fiscal and monetary policies, energy policies, mobilising local resources through financial markets and how to tap into the potential of the youth in the Diaspora at the regional and continental levels.
The strategic dialogues with the theme, “Enhancing Opportunities for Growth and Development,” will also enable both countries to fashion out ways of mobilising financial resources for economic development.
Senior Economic Advisor, African Economic Development Policy Initiative (AEDPl), Mrs Obiageli Ezekwesili, said the partnership must be taken seriously by both countries as they shared common challenges of unemployment, monetary policy and renewable energy needs.
Ezekwesili said the cooperation would go a long way to tackle inflation and developmental challenges in the African continent.
“The Morocco-Nigeria Strategic Dialogues will constitute an opportunity to further explore the inputs of Morocco and Nigeria, as two strategic players within the African continent.
“The partnership between the NESG, AEDPl and OCPPC plays a pivotal role in bridging the two countries, and places these institutions as catalysers of ideas and knowledge related to Morocco and Nigeria.
“Morocco and Nigeria, as emerging countries, have considerable leverage in multiple sectors such as energy,” she said.
Managing Director, OCP Policy Centre, Mr Karim El Aynaoui, said the partnership was borne out of the fact that Nigeria and Morocco were faced with common challenges such as unemployment and monetary policy issues.
El Aynaoui said that large population of Moroccan youths live outside of Morocco because of unemployment, so also their Nigerian counterparts.
He said the dialogue was designed to enable both countries share experiences, successes and failures.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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