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The National Bureau of Statistics on Wednesday released the Consumer Price Index  which measures inflation with the index dropping year-on-year from 15.98 per cent in September to 15.91 per cent in October.

The bureau in the report which was made available to our correspondent said this is the ninth consecutive month since January this year that the index would be slowing down.

The report said food index increased by 20.31 percent year-on-year in October, down marginally by 0.01 percent points from the 20.32 per cent recorded in September.

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Motoring

Kia to launch stylish new Ceed crossover

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From the very beginning of Ceed development 15 years ago, Kia has taken an open-minded approach to potential body styles. Many have been considered, and, in creating the new Ceed range, Kia’s European designers have been given the freedom to explore many different possibilities.

Now, with one additional idea standing out above all others, Kia is set to welcome a new arrival to the Ceed model family. Gregory Guillaume, Vice President of Design for Kia Motors Europe, explains: “There’s another style, another type of vehicle, that we feel very strongly deserves to be a new member of the Ceed family. It will the play the role that’s needed to make the Ceed range stronger and even more exciting, more appealing, to European consumers. The design will be nothing like you’ve seen in the Ceed family so far. This will be the next big surprise from Kia.”

With the arrival of the new Ceed, Ceed Sportswagon and ProCeed, Kia’s best-selling model family hasn’t stopped growing, and the newest member will shake things up again. The new Ceed crossover will be named and revealed later in 2019.

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BUSINESS

Unitel to chair the GSMA Association Africa Fraud and Security Group

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Unitel was elected to chair the GSMA Association Africa Fraud and Security Group (AFASG), a specific working group dedicated to dealing with critical fraud and security issues for the telecommunications industry in Africa.

The mandate has a period of two years, renewable for two more, upon evaluation of the work carried out and subject to a new election. The appointment is the result of an application process which is based on the presentation of a Strategic Leadership Plan for the Group in Africa, submitted to the consideration of its members.

Unitel competed with MTN (which has 18 operations in Africa) and with Wana Corporate, Morocco. The role of Chair will be assured by the Director of Risk, Fraud and Security of Unitel, José Carlos Sobreira Martins.

The AFASG includes the major telecommunication groups in Africa such as: Orange (18 operations in Africa); MTN (18); Airtel (16); Vodafone / Vodacom (8) and Millicom / Tigo (4), in addition to other individual mobile operators and Associate Members such as technology vendors such as Ericsson and Huawei.

AFASG is an entity within the framework of the GSMA Association, which in turn represents the international interests of all mobile telecommunications operators in the world. There are more than 800 mobile operators, and more than 350 associated companies that are part of the broad mobile ecosystem.

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BUSINESS

African Development Bank: Professor Anthony Nyong named among world’s “100 Most Influential People in Climate Policy”

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The African Development Bank  is pleased to announce  the nomination of Professor Anthony Nyong, Director for Climate Change and Green Growth, as one of the ‘100 Most Influential People in Climate Policy 2019’ by Apolitical, a peer-to-peer learning platform for governments.

Nyong, a pioneering and globally recognized climate change expert, was named among the top 20 on the prestigious listing announced Wednesday in London.

Lisa Witter, Apolitical’s Executive Chairman said: “The need to reduce greenhouse gas emission is urgent. 174 countries and the EU agreed to act at the Paris Agreements. At Apolitical, we highlight the good work that government does and help it to become even better. By showcasing these climate policy leaders, we hope to encourage more collaboration and exchange to accelerate the effective response to the global climate threat.”

Nyong joined the Bank in 2008 and built up the Bank’s climate change initiatives including its Green Growth Agenda. Prior to joining the Bank, he worked as a Senior Program Specialist for Climate Change at the International Development Research Centre in Nairobi. In this role, Nyong successfully mobilized substantial resources to set up the Climate Change Adaptation in Africa program that has significantly built adaptation capacity across the continent. Prior to that, he was a Coordinating Lead Author of the Fourth Assessment Report of the Intergovernmental Panel on Climate Change and was a Co-Recipient of the 2017 Nobel Peace Prize for his contributions. Mr. Nyong also served as a Professor of Climate Change at the University of Jos, Nigeria.

“We are delighted by this nomination of one of our own to this list,” Bank Vice President, Power, Energy, Climate and Green Growth, Amadou Hott said. “It is a worthy recognition of his – and the Bank’s -commitment to respond to climate change threats on our continent, which remains disproportionately affected.”

Apolitical’s ‘100 Most Influential People in Climate Policy’ list celebrates inspirational leaders, politicians, advocates, youth activists, academics and diplomats from all over the world whose work is indispensable to raising awareness, such as Greta Thunberg, the 16 year old Swedish activist and Nobel Peace Prize nominee, who sparked off a worldwide movement to fight against global warming, Alexandria Ocasio-Cortez, the youngest ever US Congresswoman and lead advocate of the Green New Deal, Patricia Espinosa, and David Attenborough, world-renowned British historian.

The list was compiled from hundreds of nominations from governments, international organisations and academia, including the UNDP, Harvard, Oxford, Bloomberg, the Climate Action Network.

“It is an honour to be acknowledged amongst such an influential list of leaders who are passionate and actively working to influence policy and make a tangible difference towards addressing global climate change,” said Nyong. “Climate change has evolved from an environmental worry to a threat on global development, particularly in Africa. The African Development Bank under the leadership of Dr. Akinwumi Adesina, has demonstrated a strong commitment at both policy and implementation level, to climate compatible development in Africa.”

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