Month: March 2024

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Completion of GERD Proves Ethiopia’s Commitment to Avoid Causing Harm on Riparian Countries


Addis Ababa: The completion of the Grand Ethiopian Renaissance Dam without causing harm to the riparian countries manifests Ethiopia’s strong commitment to its principle of not causing significant harm on all parties, Kings of Abbay Media President Ustath Jemal Beshir said.

Ethiopians from all walks of life have contributed to the construction of the dam, which is expected to be fully completed within 7 months, with their own resources to get rid of poverty and ensure mutual benefit with neighboring countries.

In an exclusive interview with ENA, Ustath Jemal said Ethiopia has been committed to fair utilization of Abbay River, especially with neighboring countries, and provide access to electricity to Ethiopians.

‘Ethiopia has now completed the dam without causing any harm to the riparian countries. That means they understand now Ethiopia has no agenda other than ensuring prosperity and getting energy from the dam,’ he added.

The completion of the dam will help all countries near and afar as they could get
cheap electric power from Ethiopia.

Power sharing with Sudan, Kenya and Djibouti is already in operation and additional power selling to neighboring countries with Tanzania has been on pipeline.

The president further noted that Ethiopia didn’t use Abbay for centuries and the riparian countries unfortunately think that the river belongs to them.

Now, Ethiopians have started to use their resources for development by sharing them, and this should be appreciated, Ustath Jemal noted.

According to him, the riparian countries need to cooperate with Ethiopia to work and develop together.

Upon going fully operational, GERD will have an installed capacity of generating 5,150 MW, making it the largest hydropower project in Africa with the amount of electricity it generates.

The dam will provide regulated flow which will help the downstream countries to better manage their respective reservoirs in addition to reducing negative impacts of climate change.

Experts point out that the dam will capture 90 percent of the
sediment protecting irrigation canals and equipment from damages caused by sedimentation

Source: Ethiopian News Agency

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Water, Engineering Prof. Stresses Need for Nile Basin States Cooperation in Building More Dams


Addis Ababa: Nile Basin countries need to foster cooperation in constructing more hydropower projects for the betterment and development of the region, Water and Environmental Engineering Professor Esayas Alemayehu said.

In an exclusive interview with ENA, the professor at Jimma University and Adjunct Professor at Africa Centre of Excellence for Water Management said one of the limitations in this region is lack of capacity in exploiting and managing resources.

“If we enhance the capacity and the capability in different sectors, we can solve the problem and cooperate together to see the new and future Nile Basin countries with better enhancement,” he added.

According to him, Ethiopia has become an example for other countries by constructing and managing such a huge project by Ethiopians.

The professor stressed that the GERD is built with the blood and sweat of the Ethiopian people from all walks of life.

“We have to be proud. We have demonstrated to the world that we are capable of having such a huge pro
ject. There were many challenges internationally and regionally, but we have overcome those challenges and came up with such an exemplary project which showed that Africans are capable of doing big projects by themselves.”

Professor Esayas further said that Nile Basin countries need to foster cooperation to even have more hydropower projects in the region for the betterment and development of the Nile Basin region.

For Ethiopians, he noted that having energy is a lot for many things for different sectors, including agriculture, food security, technology, and industrial sectors, among others. Hydropower is a very crucial renewable energy source.

Moreover, the country will continue supplying power to neighboring countries to accelerate the power integration projects already underway in the region, the professor elaborated.

He also believes that “we need to continue building similar projects with our capacity so that we can have a better Ethiopia in the future.

Source: Ethiopian News Agency

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World Bank Will Continue Supporting Financial Inclusion Initiative of Ethiopia: Senior WB Economist


Addis Ababa: The World Bank (WB) will continue supporting the National Financial Inclusion Strategy of Ethiopia, which is critical for the growth and prosperity of the country, Bank Senior Economist Michael O’Sullivan said.

The National Financial Inclusion Strategy 2021-2025 was revised in close collaboration with stakeholders across the public and private sectors in an effort to define a coordinated plan to transform financial inclusion for millions of Ethiopians.

In an exclusive interview with ENA, Senior Economist and Head of Africa Gender Innovation Lab at the World Bank, Michael O’Sullivan, said there is really an important momentum around financial inclusion in Ethiopia.

Over the last several years, the World Bank’s data show a growing financial inclusion in Ethiopia.

The World Bank has been working with the National Bank of Ethiopia team and other pertinent actors to help accelerate this process, it was learned.

Commending the recently launched Network of Ethiopia’s Women in Finance (NEWFin) initi
ative as a great effort to try to bring together a network of women leaders, he said these types of approach are bringing more women leaders in the financial sector.

‘We are happy to partner with the National Bank of Ethiopia, and we are also working closely with the Government of Ethiopia in women entrepreneurship projects in the country,’ the senior economist added.

According to him, the National Financial Inclusion Strategy of Ethiopia is going to be critical in terms of bringing more women into the financial space and to the market economy to help contribute to more growth.

So the government leadership on this agenda is very important, and it is also important for the share of growth and prosperity of the country, O’Sullivan said.

Regarding the financial sector reform of the nation, he stated that this is the area that the World Bank is keen to support.

‘We have seen more entrants into the market, especially in digital financial services, and this is an area where the World Bank is keen and collabora
tes with the Government of Ethiopia.’

National Bank of Ethiopia Governor Mamo Mihretu has recently noted that the launch and implementation of Ethiopia’s first financial inclusion strategy marked a historic milestone as the second strategy also noted the wider gap between men and women financial inclusion.

Financial inclusion is an essential prerequisite for sustainable development, inclusive growth, and a fundamental enabler for the stability of the financial system, job growth, digital transformation, and continued economic development.

Source: Ethiopian News Agency

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Sports.com Strikes a Blow in the Digital Sports Arena With Free Live Stream of Wardley vs. Clarke Bout

LONDON, March 28, 2024 (GLOBE NEWSWIRE) — Sports.com, a wholly-owned subsidiary of Lottery.com Inc. (NASDAQ: LTRY, LTRYW), announces that it has obtained the rights to live stream the March 31 heavyweight title fight between Frazier Clarke and Fabio Wardley. The live stream will now be available to view for free for millions of sports fans in Africa, via the Sports.com website.

Sports.com, in partnership with the fastest-growing UK boxing promotional company, BOXXER and Sky Sports in the UK and Ireland will live stream the highly anticipated boxing match between Wardley and Clarke at the iconic O2 Arena in London. Sports.com has entered into an agreement with BOXXER to provide live coverage through the Sports.com platform in Africa, working with local telecoms partners, such as Vodacom to give free access to many millions of viewers.

This partnership underscores Sports.com’s commitment to bringing inclusivity, innovation, and entertainment to sports. BOXXER, known for its commitment to the grassroots of the sport and for delivering sell-out world championship boxing events, aligns perfectly with our mission to enhance the sports viewing experience.

African based sports fans can sign up via local mobile operators, such as their Vodacom connection to watch the fight on the Sports.com platform. With a focus on providing more content to sports fans in underserved markets through regions including the Middle East and Africa, Sports.com is poised to be the leading provider of sports content in frontier markets to hundreds of millions of viewers.

Majed Al Sorour, President of Sports.com and formerly CEO of Golf Saudi, Managing Director of LIV Golf, and Board Member and Director of Newcastle United Football Club commented:

“Our partnership with BOXXER marks a significant step in making sport more accessible. Streaming the Wardley vs. Clarke fight in Africa showcases our commitment to enhancing the fan experience through digital innovation. This effort reflects our broader mission to connect and engage sports communities globally, particularly in emerging and frontier markets.”

Tamer Hassan, renowned actor, entrepreneur, undefeated amateur boxer, founder of The Tamer Hassan Academy of Acting and former owner of the Eltham and District Amateur Boxing Club where Sir Henry Cooper learned the ropes added:

“As a member of Lottery.com’s Board and someone with a deep connection to boxing, I see can see exactly how this initiative aligns with our aim to support talent and provide fans with engaging content. Streaming the Wardley vs. Clarke fight is just the start, and I am excited to contribute my experience towards expanding our content portfolio, particularly to broaden fan access in regions such as MENA and Sub-Saharan Africa.”

Matthew McGahan, Chairman and CEO of Sports.com, said:

“Our collaboration with BOXXER for the live broadcast of Wardley vs. Clarke is the first of what we anticipate will be many content partnerships. This deal is a model for future collaborations that will unify content owners, broadcasters, and mobile operators, broadening our horizons in the sports entertainment landscape.”

BOXXER Founder and CEO, Ben Shalom, said:

“We’re delighted to kickstart a partnership with Sports.com – both BOXXER and Sports.com are focused on innovation in their respective fields and bringing sport to wider audiences around the globe. The event this Sunday headlined by Fabio Wardley and Frazer Clarke’s mammoth clash will allow Sports.com’s audience to watch a heavyweight grudge match that fans have been clamouring for, for a long time. We can’t wait to get started.”

The Sports.com app is available for download from all major app stores and has been designed to transform how fans engage with sports content. It includes innovative features such as live streaming, interactive player engagement, and a social media ecosystem tailored for sports enthusiasts.

For more information please contact: press@lottery.com

About Sports.com

Sports.com is on a mission to become the premier destination for sports entertainment, offering an unparalleled array of interactive and engaging sports content. Our platform is designed to connect fans, athletes, and sports influencers in a unique digital ecosystem, making Sports.com the go-to destination for sports enthusiasts across the globe.

Important Notice Regarding Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements, other than statements of present or historical fact included in this press release, regarding the company’s future financial performance, as well as the company’s strategy, future operations, revenue guidance, projected costs, prospects, plans and objectives of management are forward-looking statements. When used in this press release, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Lottery.com disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Lottery.com cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Lottery.com. In addition, Lottery.com cautions you that the forward-looking statements contained in this press release are subject to the following factors: (i) the outcome of any legal proceedings that may be instituted against Lottery.com; (ii) the Company’s ability to maintain effective internal controls over financial reporting, including the remediation of identified material weaknesses in internal control over financial reporting relating to segregation of duties with respect to, and access controls to, its financial record keeping system, and its accounting staffing levels; (iii) the effects of competition on Lottery.com’s future business; (iv) risks related to its dependence on its intellectual property and the risk that technology could have undetected defects or errors; (v) changes in applicable laws or regulations; (vi) risks related to the COVID-19 pandemic or other pandemic and their effect directly on Lottery.com and the economy generally; (vii) risks relating to privacy and data protection laws, privacy or data breaches, or the loss of data; (viii) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; (ix) the ability of Lottery.com to achieve its strategic and growth objectives as stated or at all; and (x) those factors discussed in the proxy statement/prospectus filed by Lottery.com, Inc. with the U.S. Securities and Exchange Commission (“SEC”) under the heading “Risk Factors” and the other documents filed, or to be filed, by the Company with the SEC. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that Lottery.com has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov.

GlobeNewswire Distribution ID 9081124

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Man rapes 10-year-old boy


The Namibian Police Force (NamPol) in the Oshikoto Region are looking for a man who allegedly sodomised a 10-year-old boy.

According to the region’s Head of Crime Prevention Deputy Commissioner Wynand Neels on Thursday, the incident happened on Monday around 14h00 at Ondombe yOmuthiya.

The victim is a Grade 5 learner.

‘It is alleged that the suspect who is a cattle herder and neighbour of the victim, went to herd cattle with the victim in the field,’ reported Neels.

It is alleged that while in the shade of a tree, the suspect asked the victim to remove his trousers so that he could have anal sex with him and offered the boy N.dollars 20.

‘The victim refused, but the suspect removed his trouser and forcefully raped the victim and the suspect repeated it again the same day, and warned the victim not to tell anyone,’ Neels said.

The victim the next morning informed his grandmother that he was experiencing pain.

‘The grandmother then checked and found bruises around the victim’s private parts and insisted
to hear the truth from her grandson,’ Neels added.

The grandmother took the victim to the police on Wednesday morning and opened a case the same day.

The victim was taken to Omuthiya District Hospital for medical attention.

The suspect’s age is unknown and he has not yet been arrested as he could not be found but the investigation continues.

Separately, two suicide cases were reported on Thursday in the region. A 24-year-old man allegedly committed suicide by hanging on Thursday at about 00:00 at Ondonga village, while a 46-year-old man was found hanging in a mopane tree on Thursday at 10h00 at Amukulungundju village.

Investigations into the incidents have been launched.

Source: Namibia Press Agency

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Keetmanshoop municipality renames nine streets


The Keetmanshoop Municipality on Thursday renamed nine streets in honour of various individuals that played an important role in the development of the town over the years.

Keetmanshoop Mayor, McDonald Hanse said naming a street is far more than just an administrative task, it is a symbolic gesture that ensures the perpetual remembrance of those who have made significant contributions to society.

‘Today we pay tribute to forward-thinking individuals whose ideas, dedication and tireless efforts have enriched our community, these remarkable individuals have left behind legacies that will continue to inspire generations to come whether through acts of service, innovation or public leadership,’ he said.

He said the true measure of a town lies not only in its infrastructure but also in the strength of its character and resilience of its people.

‘May these streets serve as beacons of hope, symbols of unity and tributes to the enduring legacies of these remarkable individuals. Let us recommit ourselves to build
ing a Keetmanshoop that embodies the values and aspirations for which these individuals stood, let us strive to emulate their passion for progress and their unwavering commitment to the community,’ he said.

One of the beneficiaries, Ingo Klitzke, a businessman and hotelier at the southern town said: ‘I am thankful for the gesture by the municipality to give me such a recognition while I am still alive, Keetmanshoop is my home and will also be my home, its people will also be my people, thank you and I appreciate it.’

Clyde Kröhne, a son to the late Albert Kröhne who a street was named after, said: ‘I see today’s unveiling as a loving gift and I shall proudly stand here proclaiming to all and to generations to come that people like my father were faithful, history has preserved the name of a man who played a pivotal role in the transition of our town, the livelihood of our people and the politics of the day.’

The street name changes are:

Fifth Street in Tseiblaagte renamed after Dr Rev Nicholas Christiaans

First Avenue in the central business district renamed after Bishop Antonio Chimenelo

Nineteenth Street in Tseiblaagte renamed after Pastor Simon Tiboth

Mittel Street in the CBD renamed after Roy Oosthuizen

Fourth Street in the CBD renamed after Hennie Theron

Windhoek Weg Road in Kronlein renamed after Albert Louw

North Street in Kronlein renamed after Albert Kröhne

Twelfth Street in Tseiblaagte renamed after Jonathan Goliath

Cathedral Street in the CBD renamed after Ingo Klitzke

Source: Namibia Press Agency

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