Volume 1 issue 17

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Indo Africa Times, a weekly newspaper has its key intend to create extensive awareness amongst people about Africa and India concerning different sectors like economy, politics, culture, fashion, …

Indo Africa Times, a weekly newspaper has its key intend to create extensive awareness amongst people about Africa and India concerning different sectors like economy, politics, culture, fashion, sports and many more. It is our sincere endeavor to bridge the information gap between Africa and India by endowing our readers with updated and latest developments occurring in both the countries.

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  • 1. www.indoafricatimes.com MONDAY | MAY 05, 2014 Title Code: DELENG18579 • RNI NO: DELENG/2014/54666 • Postal Registration No.: DN/325/2014-2016 • VOL. 1 • NO. 17 • Page 12 • Price `10 pg 10 pg 04 pg 08 pg 02 Continued to page 03 pg 02 RWANDA: THE LAND OF THOUSAND HILLS Zimbabwe government reviewing VAT on foreign visitors Lupita Nyong'o named world's most beautiful person Foundation stone laid for ambitious airport project in Tanzania SHOOT OF COLORS AT You’ll never walk alone in darkness again
  • 2. Wassupafrica02 Zimbabwe government reviewing VAT on foreign visitors India, South Africa trade up 31% at $7.6 b Foundation stone laid for ambitious airport project in Tanzania Z imbabwe government is in the process of reviewing the 15% Value Added Tax (VAT) it levied on the tourism sector late last year, amid indications more foreign visitors are cancelling international bookings to Zimbabwe. The levy has led to an outcry by tourism sector players who argue that the 15% VAT on foreign tourist arrivals has made the country an uncompetitive and expensive destination for tourists. Finance minister Patrick Chinamasa made the proposal in the 2014 national budget presentationlastyearinDecember. Tourism and Hospitality Industry minister Walter Mzembi said he met with his Finance counterpart Chinamasa last week to discuss the reviewing of the measure. “He [Chinamasa] asked us to do more work on the 15% VAT on foreign arrivals. A committee has been set up by the finance ministry to do a thorough review of the move and a cost-benefit analysis,” he said. Mzembi said the ministry’s Bilateral trade between India and South Africa grew 31 per cent to $7.6 billion in the just ended financial year (April-March 2013- 14), against $5.8 billion in the same period last fiscal. Speaking to Business Line on the occasion of 20 years since the end of apartheid in South Africa, Pule I Malefane, Consul General, Republic of South Africa, said both the countries managed to improve trade relations despite the economic growth in South Africa slowing down to 2.5 per cent in the financial year ended March, 2014, against 3.8 per cent logged in the same period last fiscal. “Many Indian companies have invested in South Africa last fiscal. Prominent among them are $15-billion investment by Apollo Tyres, and $8 billion by KLT Tanzania President Kikwete laid the foundation stone of one of Tanzania’s most ambitious aviation infrastructure projects, the construction of a brand new terminal at the Julius Nyerere International Airport. Like most major airports in the East African region, has JNIA in Dar es Salaam long reached its projected capacity and is now handling twice as many passengers as was initially foreseen. The new Terminal 3 will inject fresh capacity for future growth of more flights and more passengers argument was about the timing of the move and its impact on the tourism sector which was still in its growth stages. “Such moves should be gradual and futuristic looking as failure to do so will result in booking cancellations,” he said. Analysts posit that the 15% VAT charge will dampen average hotel room and bed occupancy levels expected to improve this year to 61% and 42% respectively. The increased taxation has led to an increase in prices for tourists’ accommodation and related tourism services. Players in the sector argue that besides rendering Zimbabwe an expensive destination as compared to other countries in the region, the sudden change in rates to international buyers who had already booked before the levy did not augur well for the sector. “We met them [finance ministry]. I facilitated the meeting which had two major items on the agenda. This was at a time when the issue of special economic zones was being concluded. Major aspects [of the discussion] were statutory instrument 172 and 173 with regard to the importation of capital goods,” said Mzembi. He said the tourism sector’s submissions were made in order to review what should qualify as capital goods. “In that regard, we were successful and we are making positive headway,” he said. The rebate of duty on capital goods was re-introduced at the beginning of this year subject to review after a period of 12 months. The tourism sector began to pick up during the era of the inclusive government in 2009 after a decade-long economic meltdown. Customs duty on motor vehicles imported by safari operators was also suspended, a move tourism players said was a positive development for the tourism sector as it enabled the sector to recapitalise and retool, thus setting a firm base for growth. The international travel bans and warnings previously issued were scrapped following the to the tune of 6 million passengers per year and will be a state-of- the-art facility reflecting the latest technologies and facilities A newspaper committed to educating people about real estate, rent and land acquisition has been launched in Accra. The bi-weekly newspaper called Realty Advertising Newspaper will chronicle Ghana's luxurious and affordable estates, introduce key personalities in the industry, feature businesses and property developers across the country. Speaking at the launch, Managing editor of Realty Advertising Newspaper, Audrey Agyiri said the 40 page newspaper will be the mouthpiece of the real estate industry in the country. According to her, “the newspaper comes at a time when Ghana is repositioning itself at the premium end of global real estate market to make housing in the country affordable to people”. Audrey Agyiri noted that some of the highlights in the maiden edition include tales of a tenant ten mistakes to avoid when building in Ghana, duties and responsibilities of architects, property care, and government’s view on affordable homes. “Realty Advertising Newspaper will be your compass to get you what you are looking for in real estate” she added. On his part, Chief Executive Officer of Micgabs Publishing House, Shalom Owusu-Sekyere said their decision to publish a real estate newspaper is borne out of the growing interest for luxury and affordable properties in the country. He indicated that housing is a basic need in every society and thus improved housing markets will benefit investors in the real estate business. “Realty newspaper will be an effective platform for advertisers to reach their target audiences” he added. Mr. Owusu- Sekyere said the newspaper to be sold at GHC5.00 will be available at selected shops and newsstands across the country. Modern Ghana Real Estate newspaper launched in Accra Automotive and Tubular Products. Exim Bank has opened a branch in South Africa to promote bilateral trade,” he said. between India, Brazil and South Africa (IBSA) is expected to be held in the later half of this year. The three countries have formed the body to represents three important poles for galvanizing South- South cooperation and greater understanding and cooperation between three continents. “The meeting was supposed to be held in the first half of 2014, but had to be postponed as all the three countries are going to polls this year. We will fix a data before end of this year,” he said. The intra-IBSA traded recently touched $23 billion. Malefane expects free trade agreement will also be discussed afresh by the new government which will take charge soon. India Africa Connect including enough check-in desks for airlines; a state-of-the-art, baggage-handling system; the latest security measures; lounges; restaurants; and shops. The new terminal, several times the size of the existing facility, has received support from the Dutch government via grants and loan guarantees, and it is no wonder, therefore, that the main contractor comes from The Netherlands. The estimated cost was given as over 500 billion Tanzania shillings, making it one of the largest investments in aviation infrastructure the country has ever undertaken. Work is also continuing at Tanzania’s second largest airport, Kilimanjaro International, equally supported by the Dutch modicum of economic stability brought about by the government of national unity. Government introduced VAT in 2003 but the tourism sector was exempted from tax payments as it was duly recognised as an exporter. The reduction in tourist arrivals as a result of the increase in prices will subsequently lead to reduced growth for the travel and tourism sector. This development, experts argue, will contribute to increased unemployment levels which are estimated to be well above 80%. Eturbo News Zimbabwe Tourism and Hospitality Industry Minister Walter Mzembi  government. Tanzania started three years ago, in line with resolutions by the East African Community, to work on renovating and expanding aviation facilities across the country, and while much work remains to be done, major projects have been completed like the much-improved Bukoba airport and the newly-expanded Songwe Airport near Mbeya which now receives regular flights by not just turboprops but also jets of the size of an Airbus A319. Eturbo News Jakaya Mrisho Kikwete, President, Tanzania  The long standing democracy not only attracts foreign investment but also ensures that their interest is protected and any trade issues are settled amicably under the well-defined law of the land, said Malefane. The next meeting of the international tripartite grouping MONDAY | MAY 05, 2014
  • 3. Wassupafrica 03 Indian exports to West Africa record high growth Pathway International recognized by IMTJ Awards India's exports to West Africa for the period April 2013 to February 2014 totalled around $6 billion, recording a 22.55 percent growth over the past year, a foreign trade performance analysis by the department of commerce under India's ministry of commerce and industry has revealed. Nigeria topped the list with Rs.14,526.49 crore as against Rs.13,416.91 crore over the previous period and registered a growth of 8.27 percent. Ghana followed with Rs.4,651.73 crore as against Rs.3,591.09 and registered a 29.54 percent growth. Benin registered Rs.4,384.08 crore as against Rs.2,276.32 crore and recorded a growth of 92.60 percent over the period. Exports to Togo were worth Rs.2,524.91 crore, a growth of 67.25 per cent of the previous year's figure of Rs.1,509.68. Senegal recorded a 0.64 percent growth over the previous year's figure of Rs.1,964.35 crore to Rs2,396.30 crore for the period from April 2013 to February 2014. Exports to Cote d'Ivoire did not fare well as it registered a minus 13.14 percent fall from Rs.1,964.35 crore to Rs.1,706.30 crore. Cameroon showed a slight increase from Rs.1,235.49 crore to Rs.1,470.65 crore. Liberia performed better registering a growth of 149.59 percent which saw exports rising from Rs.580.92 crore to Rs.1,449.91 crore. Guinea also saw a slight increase of 14.19 percent recording Rs.1,124.07 crore from a FROM PAGE 01 The enthralling world of Seychelles grasps an exclusivity of its own, and this, mingled with a natural legacy, captivating panoramas, peaceful sunsets, hypnotic beaches, lovely people, colorful and vibrant market place, almighty sights of plush foot hills and titillating marine life…. is a complete direction of lifetime!!! The Vanilla Islands of the Indian Ocean Region is a term that has textured in the domain of leisure industry since couple of years ago but that is fast grabbling the attention of the world of tourism. Yet again, the revitalizing air in Seychelles was jam-packed with the essence of the carnival International de Victoria with its 4th edition. The carnival of carnivals in Victoria, Seychelles, has turned out to be one of the capital's most prevalentandawaitedhappenings. The carnival is held each year to rejoice the assortment of ethos within this trifling nirvana on earth. An outstandingly Creole custom makes the carnival very diverse and unique, not in only culture, but traditionally and faithfully as well. No doubt, the carnival of carnivals has grown bigger and better each year and has fetched lots of attention to the Seychelles islands. A dialogue with the press took place on the 24th April in the main lounge of the Fast Ferry ‘Cat Coco’ after a slow ride to the Beau Vallon to give all the contingent of International Press an opportunity to catch Seychelles from the sea and to experience a spectacular sunset, that Seychelles is so known for. Minister Alain St.Ange, Minister for Tourism and Culture of Seychelles had the integrity to expose the carnival on 25 April and was continuously fenced by press personalities from right across the world as the carnival parade closed. The official opening of the carnival once again took place in Victoria on the afternoon of the first day of the event. Carnaval International de Victoria made its entrance on the country’s events calendar in 2011. This year fresh embellishments to the merriments, encompassed Mozambique as well as the return of Dusseldorf (Germany). Mozambique and Germany paraded alongside with countries such as Brazil, South Africa, Madagascar, Mayotte, Britain, Rodrigues, Trinidad and Tobago, United States, Zimbabwe and Indonesia. The Notting Hill Carnival Company from Brazil electrified the audiences with new costumes from five costumed groups, demonstrating the display of themes, one being the ‘Celebration of Mama Africa’, another being ‘Music of the Caribbean’. The Korean Carnaval team instituting of an artistic group NONI performed Samul nori (Korean traditional percussion music) and took the attention of the audiences. The Kenyan troupe presented their jumping and bridal dances in the parade. The Kenyan Maasai are famed for their sparkling dancing and colorful clothes and are one of the most well-known of Kenya’s many diverse tribes. Lisa Haley (fiddler player and Grammy Nominee) & the Zydekats from USA gave a unique break to the spectators to pick up Cajun and Zydeco music. During the float parade on the second day, the streets of Victoria was filled with colors. The foreign partaking was heightened by 26 local floats put together by top companies as Air Seychelles, the Kempinski Seychelles Resort, the Constance Ephelia Resort & Spa, Le Meridien Fisherman`s Cove, and the Seychelles Tourism Academy, among many others. A Carnival in the Carnival “Kiddies carnival” particularly intended to interest kids took place on 27th April, the last day of the carnival. Continually evolving, the list of co-sponsors Carnaval International de Victoria has grown; South Africa joined the Seychelles, Madagascar, Reunion and Mayotte. The closing ceremony, saw the performances of all the participating countries. Angelique Gerber, the South African actress and Marie Payet, Miss Reunion 2011 were the master of ceremony opening. The Seychelles Tourism Board did its best to stand up to the requirements of visitors and participants of the carnival, through accommodation, transport, etc. A record breaking number of 151 journalists from around the world covered this colorful carnival. Air Seychelles and Etihad were major corporate partner of the carnival festival. Seychelles carnival song, “Ole Ola en sel lavwa’’ hypnotized the audiences of the carnival to the fullest. The 5th edition of the Seychelles International Carnival of Victoria will be held between 24th and 26th April, when it will once again be converted to a focal point for reps from the world’s most famous carnivals who will be called to the islands to take part in this exhilarating international event. previous figure of Rs.984.40 crore. Similarly, Mali also registered an improvement over the previous year recording a 70.92 per cent growth from Rs.350.38 crore to Rs.598.86 crore. Burkina Faso recorded a growth of 38.82 percent moving from Rs.406.18 crore to Rs.563.86, whilst Sierra Leone recorded a negative 40.26 growth by registering Rs.512.87 crore as against a previous figure of Rs.858.44 crore. Niger registered a 73.97 percent growth increasing its Indian imports from Rs.287.42 crore to Rs.458.85 crore whilst Gambia recorded an increase from Rs.266.27 crore to Rs.458.85 crore. Guinea Bissau recorded a 210 percent growth with a figure of Rs109.85crorefromRs.35.44crore in the corresponding time last year. The total Indian exports, including re-exports, up to March 2014 were valued$9.57billion(Rs.180,469.82 crore) which was 3.15 percent lower in dollar terms (8.61 percent higher in rupee terms) than the level of $30.54 billion (Rs.166,159.46 crore) during March 2013. Cumulative value of exports for the period April 2013 to March 2014 was $312,355.45 million (Rs.1,892,892.23 crore) as against $300,400.69 million (Rs.1,634,318.84 crore) registering a growth of 3.98 percent in dollar terms and growth of 15.82 percent in rupee terms over the same period last year. Overall imports for the same period were valued at $40.08 billion (Rs.244,579.27 crore) representing a negative growth of 2.11 percent in dollar terms and growth of 9.79 percent in rupee terms over the level of imports valued at $40.94 billion (Rs.222,774.70 crore) in March, 2013. Cumulative value of imports for the period April 2013 to March 2014 was $450.9 billion (Rs.2,719,206.15 crore) as against $449.07 billion (Rs.2,669,161.96 crore) registering a negative growth of 8.11 percent in dollar terms and growth of 1.87 percent in rupee terms over the same period last year. India Africa Connect ‘Healthy people make a healthy country,’ yes, we can definitely quote it as health cannot be snubbed and the booming African continent understood the need of it. The health sector in Africa is truly riding the stairway of development. In the recent past, a Kenyan organization, Pathway International among thirteen other companies got acknowledgement as the best in medical tourism at the International Medical Travel Awards which kicked off in Dubai. Pathway International is known for its novelty and excellence in the medical travel, medical tourism and health tourism industry. It has been delineated as the Medical Travel Agency of the year as it expedites medical visits for patients seeking treatment in Kenya and foreign countries. Simon Karo, the founder and CEO, Pathway International while accepting the International Medical Tourism Journal (IMTJ) award, asserted, “We seek to connect our patients to the best healthcare options, where can evaluate the various options of treatment, access a wider range of experts and the best treatment at the lowest cost. This award is made possible by the immense support we have received from all doctors and hospital partners who we work hand in hand, as well as our dedicated staff.” Worth mentioning, Pathway International is said to be dedicated to ensure Kenya become the leader as the medical travel destination in Africa. Furthermore, medical tourism in Africa is fairly new and is a growing industry presently evaluated at $100 billion with India progressively coming out as an attractive medical destination for the continent due to its affordability and quality of service. If Al Jazeera is to be believed India received 1.1 million medical tourists between 2009 and 2012 i.e. earning $2.4 billion. Also, the Chairman of the judging panel and Managing Editor of IMTJ Keith Pollard during the event asserted, “Medical travel is an exciting and growing global industry, with many providers delivering excellence in both medical care and customer service. The IMTJ Medical Travel Awards are the first independent awards to recognize those who are the best of the best and hopefully to encourage others to emulate them. The judges wanted to reward innovation and excellence, highlight best practice and celebrate those who are leading the way in the industry and delivering successful outcomes for patients.” Simon Karo, Founder and CEO, Pathway International  mONDAY | MAY 05, 2014
  • 4. Rwanda is an attractive country with an outstanding climate and welcoming people. The steady and dedicated government has made great development over the past decade and made Rwanda perhaps the safest place in Africa today. The natural quality of Rwandan tea and the potential to boost the production from existing tea-fields strongly support investment. Geographical Landscape Rwanda is a landlocked country located in Central Africa, to the east of the Democratic Republic of the Congo. Its countryside consists of grasslands and rolling hills, and it has a temperate climate. The largest body of water is Lake Kivu, but there are other numerous lakes around the country, notably Burera, Ruhondo, Muhazi and Mugesera. Much of the country’s 26,338 km2 is impressively mountainous, the highest peak being Karisimbi (4,507m) in the volcanic Virunga chain protected by the Volcanoes National Park. Although Rwanda is located only two degrees south of the equator, Rwanda’s high elevation makes the climate temperate. Economic Structure Primarily a subsistence agriculture economy with 90% of the labour force engaged in farming, Rwanda nonetheless produces for export some of the finest tea and coffee in the world. Other industries include sugar, fishing and flowers, cement, beer production, soft drinks, soap, furniture, shoes, textiles, pharmaceuticals. Rwanda joined the East African Community and is aligning its budget, trade, and immigration policies with its regional partners. Why Rwanda? Rwanda has made significant progress over the past decade. It has established a stable government, secured peace and safety in its territory, and begun CountryoftheWeek04 Advertiser's Index Chadha Power ............................................................................... Page 02 SSP Pvt. Ltd ................................................................................... Page 03 NewTech Engineers ....................................................................... Page 05 Linc Pens ....................................................................................... Page 05 Expo Group .................................................................................... Page 07 The Times of Africa ........................................................................ Page 07 Prakash Amusement ...................................................................... Page 10 Paranthaman ................................................................................. Page 10 Laxmi Publications (P) Ltd.............................................................. Page 11 Radeecal Communications ........................................................... Page 12 Indian Spinal Injuries Centre ......................................................... Page 12 dung ‘paintings’. Dominated by black, brown and white whorls and other geometric abstractions, these unique and earthy works can be bought in Kigali, but it’s worth diverting to source to see how the paintings are reflected in local house decorations. Cuisine The cuisine of Rwanda is based on local staple food produced by the traditional subsistence-level agriculture and has historically varied between the country’s different ethnic groups. Ugali (or bugali) is a paste made from maize and water, to form porridge –like consistency that is eaten throughout East Africa. Isombe is made from mashed cassava leaves and served with dried fish. Matoke is a dish made from baked or steamed plantains. The most common food being beans, bananas, sweet potatoes, potatoes, and sorghum. Dairy products are also broadly consumed, particularly a traditional drink of curdled milk. hills’ is one of the most extremely beautiful places of the African continent. Rwanda has many attractive beaches, lakes, mountains and an extremely rich wildlife reserve. Rwanda also has national parks, national museum, eco-tourism and scope for many exciting tourist activities like biking, trekking, mountain biking andshoppingfacilities.Thecountry is blessed with a very positive climate, fine food, lodging facilities and a rich cultural heritage of arts and crafts. Tourists can enjoy a thrilling vacation trip to Rwanda and its adjoining cities. Rwandan tourism industry is fast booming and more and more tourists are readytoexplorethiscomparatively quieter and peaceful country of African continent. Arts & Crafts From ceramics and basketry to traditional woodcarvings and contemporary paintings, an extensive range of traditional handicrafts is produced in rural Rwanda. An excellent place to persue and purchase modern art work is the capital’s Centre for the Formation of Arts, where a good selection of crafted artifacts can be viewed in the main market or street stalls in Kigali. The local co-operative in the village of Nyakarimbi near the Rusumo Falls border with Tanzania produce a distinctively Rwandan craft which is the cow restoring and reforming the economy. It has also expressed an inspiring vision of its future – Vision 2020. Three good reasons to invest in Rwanda are: Aninvestor-friendlyattitude: The Government of Rwanda is intensely aware that achieving the objectives of its Vision 2020 requires a considerable contribution by foreign investors, who need to be welcomed and assisted on the ground. Varied opportunities: There areopportunitiesinmanufacturing, where Rwanda’s landlocked nature and the high cost of imports offer a certain natural protection to small investors targeting the local market. There are opportunities in agriculture, in the processing and export of coffee and tea, as well as in the virtually unexploited potential in horticulture and herbal products, where the terrain and climate are strong advantages. Soft assets: It offers a safe and peaceful environment. It has a strongly development oriented Government, with a coherent vision of the future and a serious commitment to sustained reform. Lastly, Rwanda is an exceptionally beautiful country with a temperate climate(onaccountofitselevation), which would be very appealing to most foreign investors as a place to live in. Discover Rwanda Rwanda, ‘the land of a thousand Source of Entertainment Game Drives Game drives are the highlight of any safari and one of the most amazing things you are ever likely to experience. Whether it’s early morning or late evening, expert rangers and trackers will guide you through the African Wilderness chasing the ultimate predators. Rock Climbing With mountains everywhere, Rwanda is an ideal spot for passionate rock climbers. There can’t be many more daunting prospects than scaling the vertical front of an African peak. Gorilla Trekking These giant apes are a truly overwhelming sight to behold. They are found in Bwindi impenetrable forest and the Virunga Mountains and the trek is part of the fun. Volcano Tours There are several volcanoes in East Africa - both dormant and active. There are several lodges that offer enthralling tours of the craters. Must see There is an array of amazing wonders within Rwanda that make it well worth the visit. Discover for yourself the truth about Rwanda by exploring the following places: • Lake Kivu • Volcanoes National Park • Nyungwe Forest National Park • Kigali RWANDATHE LAND OF THOUSAND HILLS MONDAY | MAY 05, 2014
  • 5. BusinessBuzz 05 The first smartwatch to be launched in July AfDB a key player in Africa to support global environment with the GEF Setting its foundation stone in 1958 with a desire to create a happier, better life, LG has introduced an official site committedtoteasingtechnophiles about the upcoming launch of its G Watch. The G watch anticipated to go on sale in July and to cost less than $300, will use Google's new Android Wear operating system and will be focused on furnishing significant information and notifications to the wearer's wrist at exactly the right moment. The new site supplies more information and images of the device but did not revealed much information on specs and functions.Asofnow,onthebasisof the facts provided, the watch will be dust and water resistant and will be obtainable in champagne gold as well as a stealthy-looking all black finish. LG is being very cautious not to give any hints as to the watch's dimensions or processor specifications. However, the company expressed that, unlike a lot of smartwatches already out there (most notably those manufactured by its main competitor, Samsung), the G Watch screen will always be illuminated; there will be no need to tap it, shake it, or speak to it for it to wake up. The innovative watch have no buttons and so will answer either to onscreen touches or to voice commands. For instance, just say, "OK Google" to prime it and then ask for a weather update or access to the music library. The first smartwatch using Android Wear operating system is scheduled to get launch in June and, unlike LG, Motorola has made gigantic efforts to feature the device's desirability and the substantial investment it has made in design and in the selection of superior materials so that the watch feels and looks more like something from Switzerland than from Japan. environmental agreements. Gilbert Mbesherubusa, AfDB Vice-President of Infrastructure, Private Sector and Regional Integration, commended the announcement of the record funding in GEF-6 and said, “With the African continent bound to register the most significant economic growth over the decades to come, the African Development Bank will need to be at the forefront to ensure that economic growth is in line with the Sustainable Development Goals and the Bank’s Ten-Year Strategy (2013–2022). The GEF, having the same vision of sustainable development as the AfDB, will be a key ally in this endeavour.” Since 2007, the partnership between the GEF and the AfDB has been growing substantially to achieve environmentally smart and transformational change in Africa. As of April 2014, the overall portfolio of projects managed by the AfDB amounts to US $187 million allocated to 26 projects and programs over the continent. These GEF resources managed by the AfDB have leveraged over US $1.2 billion in co-financing from the AfDB’s own resources, African governments and the private sector. The well diversified portfolio among sectors highlights the fact that half of its activities are geared towards adaptation to climate change. AfDB Thirty donor countries pledged a record amount of US $4.43 billion for the Global Environment Facility (GEF) on April 17 to support developing countries’ efforts over the next four years to prevent degradation of the global environment. The African Development Bank, as one of the implementing agencies of the GEF since 2007, is a key player to foster a sustainable development path in Africa. The funding will support projects in more than 140 countries, including 54 in Africa to tackle a broad range of threats to the global environment, including climate change, deforestation, land degradation, extinction of species, toxic chemicals and waste, and threats to oceans and freshwater resources. The GEF is the main global mechanism to support developing countries to take action to fulfill their commitments under the world’s major multilateral Facebook free for Tigo customers The social network pioneer, Facebook, has entered into partnership with domestic cellular company, Tigo, to award its customers with free access to FacebookinKiswahilithroughtheir mobile phones. Commenting at the launch of the partnership in Dar es Salaam, Tigo General Manager Diego Gutierrez expressed that it is for the first time that Facebook will be complimentary on any mobile network in East Africa. He added, "What this partnership means is that Tigo customers can, for the first time, access Facebook through their handsets without incurring any data charges and Tigo customers in Tanzania will be connected with the social media network's 1.2 billion users worldwide.” Articulating his thoughts on this new version in Kiswahili, he conveyed, "It is the first time any major social media company has made a version in Kiswahili, the national language spoken by Tanzanians and majority of the people in East, Central and Southern African region. Facebook has been a fantastic driver of data on mobile networks. With this unique partnership, we are making Tigo stand out from the crowd and giving many customers their first taste of the internet and social media, in Kiswahili. That's what creating the digital lifestyle is all about, and it reinforces our strategy to encourage more Tigo customers to use data as part of their daily communications activity." The fruitful partnership is part of Facebook's current Internet.org initiative instigated by the company's founder, Mark Zuckerberg. The innovative service is anticipated to discover and open new frontiers to Tanzanians and to other Kiswahili speakers by presenting them new business, educational and other socio-economic opportunities across the world. Besides five East African Community (EAC) member states, Kenya, Tanzania, Uganda, Rwanda and Burundi, Kiswahili is also spoken in regions of Malawi, Somali, Zambia, the Democratic Republic of Congo and Mozambique. With this launch, Tanzania, the country identified for being the birthplace of Kiswahili language, becomes the first in the region to spotlight this language globally, a breakthrough that Tigo, its parent company Millicom and Facebook takes credit for. Further, Nicola D' Elia, Facebook Director for International Growth and Partnerships commented, "We're excited to be working with Tigo again to give more people in Tanzania the ability to share and connect free of data charges across Facebook apps and mobile website, and now in the traditional language of Kiswahili." MTN started its journey with commencement of single licence in South Africa in 1994, and expanded its network drastically and is still climbing the stairs of success. Recently, MTN Group has been delineated as the only South African company on the World Champions list. The list accumulated by analysts from American multinational financial services company, Citi Group, comprises of world companies operating at a large scale and leading their respective industries. In the same strain, MTN Group President and CEO, Sifiso Dabengwa asserted, “Being named on the World Champions list is exciting and humbling, especially as MTN commemorates its 20th anniversary this year. This global recognition signifies that we continue to play a vital role in our industry.” Furthermore, MTN is listed together with iconic global companies including Apple, Google, Facebook and Microsoft. According to analysts, MTN has been chosen as one of the World Champions taking in consideration the operations of company in 21 countries and is number 1 player in 15 of its markets and number 2 in the rest. According to Dabengwa, MTN is a pioneering company, and continues to be innovative to enhance shareholder value and transform the lives of its customers through technology and attributes that is the key reason for the company’s success thus far. MTN now on the World Champions list mONDAY | MAY 05, 2014
  • 6. FRANKLY SPEAKING06 Shifting the fortune of Africa I urge in light of the economic and financial challenges in the U.S. and in the eurozone to encourage our traditional supporters not to abandon their pledges to Africa. H.E. Mr. Jacob zuma President of the South Africa By kirit sobti, editor, iat editor@indoafricatimes.com Uganda, sitting on a "pile of uranium", is seeking India's knowhow to develop its reserves and open up new vistas of energy The booming continent, Africa’s rising financial sector has opened up new and more opportunities for India and Indian corporates. Presently, Africa is witnessing strong growth from its financial and banking sector. In 1978, the sector drove DHL’s expansion into Africa when global banks needed to get certification to Africa, according to Sumesh Rahavendra of DHL Express SSA. He asserts that the Africa’s increased political stability, growing economy and willingness to trade with international partners offers a prominent opportunity for financial facility bodies to enhance their network among customer base and derive revenue from traditional banking products. Sumesh Rahavendra also notes that retail banking is an imperative emphasis for both international and regional banks and requires these bodies to extend their foothold in Africa. The financial bodies need to make financial services products available in regions left unexplored. Worth focusing is that the opportunities for financial facility bodies or say entities routing to Africa constitutes of trade finance for corporate customers and retail banking for private individuals as it seems to be the most immediate needs in the region. If KPMG’s 2014 Financial Services in Africa report is to be believed, retail banking in Sub-Saharan Africa (SSA) is anticipated to grow at a compound annual rate of 15% between now and 2020. Thus, getting the sector’s contribution to Africa’s collective GDP to 19% from an estimated 11% in 2009. Nevertheless, it has been observed that the success strategy in Africa also includes being exposed to prospects in historically unappealing regions. With financial sector reaching heights, Rahavendra concluded, “While perceived risks may be high, the rewards are equally so since Africans are discerning consumers and readily pay for quality products and services.” Booming finance sector of Africa opens opportunities for India Africa has, for long, been our favoured continent and upgrading our representative office of the past five years to branch banking in South Africa is one more step in that direction. The existing foreign aid model should be renovated, and the new system should take a more nuanced view of international development. rates or does it include a noticeable alteration in the lives of a considerable portion of the population of a country? For this drive, ‘development’ is mostly progress, be it economic, social or cultural, that serves the basic needs of both today and tomorrow. This desires to comprise five interconnected freedoms; viz., economic opportunities, political freedoms, social freedoms, transparency and protective security. Under development befalls when these basic needs and freedoms are deprived of or not equally available to all members of the populace. Undevelopment is not the absence of development. It results from the uneven nature of human social, political and economic development. ‘Development’ to me means much more than economic growth as assessed by enhancement in GDP per capita. In like way, a decline in GDP growth rate does not inevitably mean there is underdevelopment. Two questions are relevant: firstly, is there any strong connection between foreign aid and (under) development in Africa? Secondly, has aid thrived in making Africa better or has it damaged development? There is no settlement on the suitable responses to these questions. In many circumstances, people have convinced central confidence systems and follows that stimulus their acuities of what development should necessitate. If these factors are overlooked, one cannot have a complete thoughtfulness of the kinetics of aid, politics and socio-economic development in Africa. To a large extent, Africa’s growth hinge on “African private sector entrepreneurs, African civic activists and African political reformers… not on what ineffective, bureaucratic, unaccountable and poorly informed and motivated outsiders do”. Besides, there is continuous debt repairing where receivers regularly report to patrons and try to keep things “normal” thus ignoring domestic issues and development. Loans put Africa in debt and it has to spend perpetuity in a merry-go-round affair to postpone and negotiate “to keep gross inflows sufficient to fund debt servicing outflows.” It is challenging to settle from the many arguments above particularly since there is no sole magic rod to grasp development to appear. Most of the so-called observed studies emphasize on economic growth in the macro-economic sense without taking grasp that development is much bigger than just statistically substantial upgrading in GDP per capita. The authenticity is that there could still be extensive poverty in the grassroots even when a country is apparent to have reached considerable levels of macro-economic growth. Given the indistinct and vague nature of experiential literature on aid efficiency, there cannot be a stable conclusion that aid has led to (under) development in Africa. However, I repeat my debate that unless aid/ development deliberations include socio-cultural factors, it cannot be fully appreciated why foreign aid has flunked to bring development in Africa. S ignal of futile foreign aid is widespread in Africa. The discussion on how aid can be vigorous and enhance to Africa’s growth is, on the other hand, still enduring dispossessed of any strong way forward. The wide spread gap between the developed and developing countries has subjugated international associations and peacekeeping for a long time. Yet, there is hint that decades of foreign aid have done petty in shifting the fortunes of many African states, most of which are presently undergoing low growth rates. Foreign aid flows from developed to developing countries have been greeted as the answer to world poverty. These aids meets many challenges. The hardest relays to the Millennium Developments Goals (MDGs). The main MDG target - sinking the percentage of people living in utmost poverty to half by 2015 - on present tendencies will not be attained in sub- Saharan Africa. Still seemingly hopeful predictions propose that the MDG income poverty target will not be achieved in sub-Saharan Africa until 2147, some 132 years late. The many enlightened objectives that aid is likely to attain are introduced on the central hypothesis that aid works in reducing poverty. Yet the efficiency of aid in plummeting poverty and realizing other related developmental results, counting pre- conditions for poverty reduction, has been called into question for many decades. The inflow of vast amounts of foreign aid can have risky consequences on the governments of the receiving countries, and can end up doing more damage and good in several conditions. Nevertheless, discernment by donor countries on the cornerstone of standards of governance makes new difficulties. The existing foreign aid model should be renovated, and the new system should take a more nuanced view of international development. Several detractors go so far as to tag aid as damaging, a disappointment or as counterproductive in terms of the efficiency criteria. Complementing the MDGs is a lately originated optimism allied with official aid. This is grounded on discoveries of a budding body of experiential examination on the macroeconomic influence of these inflows, most of which includes the econometric analysis of panel data sets. Aid now seems to work in the logic that per capita economic growth would have been poorer in its absenteeism. This is pure, unmistakable finding of virtually all pragmatic studies conducted over the last seven or eight years. Foreign aid is meant at endorsing development, but what is (under) development? Is it GDP growth Alok Misra Chairman and Managing Director of Bank of India MONDAY | MAY 05, 2014
  • 7. TRAVEL&tourism 07 S eychelles islands are different, faithfully echoing their epithet: another world. Because, among other island destinations offering processed products and experiences, the Seychelles islands cling jealously to their primordial roots, recalling that time when dinosaurs still breathed, tectonic plates fractured and ancient continents first began to divide. Since 75 million years, when this sparkling archipelago of 115 isles first floated free of the giant landmass of Pangea to occupy its solitary niche in the azure expanse of the Indian Ocean, the Seychelles islands have remained a sanctuary. A place where Nature’s bounty, trodden underfoot elsewhere, has been conserved and protected in such forms as the planet’s tiniest frog,thesuper-rarejellyfishtreethewondrous coco-de-mer and Aldabra, the world’s largest raised coral atoll. The Seychelles islands are also home to some of the most spectacular seabird colonies in the world as well as 13 species and 17 subspecies that occur nowhere else on earth. Classed among the rarest species to be found among the islands are the Seychelles Scops Owl, Magpie Robin, Paradise Flycatcher, Seychelles Warbler, Black Parrot, the flightless White-throated Rail and the Seychelles White Eye. Inhabited since a mere 250 years, today, the Seychelles islands are still unbelievably untouched, their primeval beauty cascading from lushly forested granite peaks, through ancient hillside glades to the grandeur of a pristine, sapphire ocean. Finally, there is a place where you can still tread in the footsteps of the ancient mariners as they first beheld, open-mouthed, the breathtaking exquisiteness of these island jewels. A place to experience the same wonder as the first explorers as they wandered among the granite-studded hillsides to find precious timber, a flora and fauna bewildering in its richness and diversity and a sense of tranquillity and calm to rival that of Heaven itself. Refreshingly, the Seychelles islands today remain a sanctuary, not only for some of the rarest life forms on earth, but also for modern travellers grown weary of the ordinary and the mundane in their holiday experiences elsewhere. For, among these secluded isles, await the experiences of a lifetime amid the reassuring harmony and welcoming friendliness of a multi-ethnic Seychellois society that still lives life close to its roots. Against a backdrop of world-class, five- star accommodation with a standard of service and accommodation to match and a fine, ever-burgeoning portfolio of smaller hotels, guesthouses and self-caterings where to savour the authentic Creole lifestyle, grab to embark on a journey you will never forget. No doubt, Seychelles is taking the lead in promoting regional tourism and is all set to host a travel and travel and tourism mart with the member states of the Indian Ocean Rim Association for Regional Cooperation (IOR- ARC) next year in 2014 to give the industry a further boost. ON ENTERING THE REAL WORLD OF SEYCHELLES mONDAY | MAY 05, 2014
  • 8. TALKINGTECHNOLOGY08 M ost lack access to clean water, energy, and health services. Either because the costs of extending these services are high, the motivation to do so is low, or both. As such, rural poor seeking access to these services and their accompanying opportunities face a choice between abandoning rural life (usually migrating to urban/peri- urban slums, where conditions are often no better), or making do with local alternatives. Unfortunately, in rural areas where the traditional grid cannot easily be extended, the main energy alternative for electricity generation and water pumping is the diesel generator, which can harm both local air quality and the global climate. Such households ultimately resort to using inefficient, dangerous and dim Kerosene Lamps and Candles that are responsible for 50% of burn related injuries/deaths. A room lit by Kerosene and other fossil fuels can have concentrations of pollution 10 times the safe levels. On an average, each household ends up spending 25-35% of their yearly income on buying Kerosene, Kerosene Lamps, Candles and other Lighting Equipments. Solar Universe India (SUI) a brand of Success Pen Impex was started in 2003 by a well known entrepreneur of the pen industry Mukesh Gupta with a simple Solar Garden Lamp. The positive feedback this line of products received stirred a curiosity in him for the Solar Industry and the very important issue of bringing impoverished millions across our country out of darkness. Developed and evolved purely out of passion, Solar Universe India has now branched out from the heart of the capital of India to having not only a pan- india presence but international reputation as well. Known for his innovative and unique ideas, Mukesh Gupta together with his father is credited to have opened the first pen showroom in India in 1995. Duplicating this model, he thenwentontoopenthefirstretail shop for Solar Products in the country, with over 100 products all under one roof. This family run business is now spearheaded by Shubhaang Gupta, the third generation of the family, who has gained first-hand knowledge of the off-grid markets across the globe in a short duration. Key Capabilities In close cooperation with its technology partners and allies, Solar Universe has several key achievements and capabilities such as:  Designing, constructing and operating Off Grid and On Grid Solar Power Plants.  Designing and building both Standalone and Grid connected Solar Systems for Residential, Commercial and Government establishments.  Developing Micro Grid’s and Central Charging Stations in remote areas better known as ‘Pay-As-You Go Model’.  Manufacturing of Batteries of different sizes  Designing and building Solar Powered Billboards and Street lights.  Promotion of affordable consumer based product line which includes Lanterns, Home Lighting Systems and Inverters. Through like-minded partners across the globe, the group is present not only in India and Ireland but has been able to cater the markets of Kenya, Tanzania, Ethiopia, Malawi, Rwanda, South Africa, Zimbabwe, Ghana, Nigeria, Benin and Senegal to name a few. With a design team based in Ireland, Solar Universe along with its local R&D team assembles, develops and manufactures a variety of Solar Lanterns/ Lamps, Home Lighting Systems, Streetlights and Inverters in India. Having tied up with social enterprises and micro entrepreneurs, the company has recently started work on community based programs that apart from nurturing village level entrepreneurs, promotes Rural Electrification and Empowerment as a whole in un-electrified villages across Africa & Asia. The company uses innovative financemodelssuchasCashGrants, Soft Loans, Monthly top-ups and recharge schemes to involve individuals and communities in their rural electrification drive. Solar Universe has been acting as advisors to various institutions, ministries and social enterprises on their programs for Rural Electrification. Currently the company is demonstrating its Smart Micro Solar Universe India & Africa: You’ll never walk alone in darkness again According to IEA statistics, 3 out of 5 people do not have access to basic electricity throughout the world. In India for example, 55% of rural households still lack access to the power grid.Africa has 800 million such households. Grid, capable of providing energy access through lights + fans + mobile charging + TVs to various stakeholders across India & Africa. Apart from exporting solar products and programs to the continent, Solar Universe has forged local partnerships in East & West Africa with plans of setting up a local manufacturing base and promoting complete localizing of products in the continent. Apart from offering highly competitive localized products in the market, the company will be able to generate employment in the continent and thus create avenues of increased income for the local labor and contribute to the overall GDP of the particular country. Recently the company launched its newest product, So-Lite 365 which has been developed as per a comprehensive market research carried out in more than 10 countries across Africa. So-Lite 365 is a multipurpose LED Lantern that delivers backup of 100, 20 and 12 hours on different light modes that can be changed with one-touch. The convenient strap provided with the product makes it easy to carry and handle the product in all situations. It can also be used as an LED bulb if suspended in the air through its strap. The Mobile Charging Unit which was initially developed for a partner in Tanzania is capable of charging 6-10 mobiles every 8 hours apart from providing AC as well as DC output for Lighting to small kiosk and business owners across the continent. Customers can re-charge their mobile phones for a nominal fee and the kiosk owners can use the Light output for their own shop. Moving ahead, Solar Universe wishes to introduce its range of Solar Water Pumping Solutions and Off Grid Solutions for Health Centers, Schools and Computer Labs across the continent. Way Forward By offering products, services and consultation in all segments of Solar Energy, Solar Universe is now looking at partnering with professional firms, governments and individuals who are keen to forward the cause and not just the business of Renewable Energy for the betterment and development of their surroundings and people. Along with their experienced team of engineers and professionals, the company has acquired the capacity to meet the dynamic energy need of any individual or business from across the continent. To book your Advertisement please email to ads@indoafricatimes.com or call at +91 8130796166 MONDAY | MAY 05, 2014
  • 9. TRYSOMETHINGNEW 09 Ingredients »» Coconut (scrapped fine):-1 »» Potatoes (boiled, peeled and mashed):-3 »» Green chilies (finely chopped):-4 »» Ginger (finely grated):-1 piece »» Salt:-To taste »» Corn flour:-1 tbsp »» Bread crumbs:-¼ cup »» Desiccated coconut powder:-2 tbsp »» Oil to deep fry Tools Required »» Spatula »» Medium bowl »» Frying pan HydroVision India HydroVision India is a new event for the Indian hydropower sector. Co-located with POWER-GEN India & Central Asia, the regions most important power related conference and exhibition, and Renewable Energy World India, this is the premier event for meeting the major players in the Indian and international energy sectors and learning about the latest developments, trends and technologies. Date: 05-07 May 2014 Venue: Pragati Maidan, New Delhi, India Aquatech India Aquatech India 2014 features the best possible range of new and proven products on process, drinking and waste water. Come and find out about unique new novelties and advanced technological findings. And make sure to attend the Aquatech Conference and the AquaStages, where you learn about best practices and progressive solutions. Date: 06-08 May 2014 Venue: Pragati Maidan, New Delhi, India Led Expo Mumbai LED Expo Mumbai is the leading event of India that concentrates on the Electronic & Electrical Industry. The expo sets a new benchmark for the industry by displaying the varied technologies and new innovations that are taking place in the sector. The LEDs are an irresistible source of lighting in the world and any new development or advancement related with these products will always help the industry to grow and expand. Date: 08-10 May 2014 Venue: Bombay Convention & Exhibition Centre (BCEC), Mumbai, India The Manufacturing IT Summit 5th Edition Manufacturing IT Summit 2014 will be held in Mumbai and will attract IT leaders, strategists and solution providers from manufacturing sector to discuss about the latest produces and services. Interactive sessions and real life case studies will some of the highlights of this summit. During this summit industry leaders and key market players will discuss about the role of IT to maximize production, designing of innovative products and elimination of wasteful activities. Date: 09 May 2014 Venue: TBA, Mumbai, India Times Education Boutique – Indore This event showcases products like enhancing your business prospects and help you in promoting your institution on a big measure, issues related to admissions, results and performance, potential & interests etc. in the Education & Training industry. Date: 10-11 May 2014 Venue: Hotel Sayaji, Indore, India upcoming The one who knows how to adjust is the one who knows how to survive. THOUGHT OF THE WEEK Coconut Cutlet Indian Cuisine Prepration Method 1. Combine chilies, coconut, salt, potatoes, corn flour and ginger together. 2. Knead this mixture to make soft dough and separate it into 12equal portions. 3. Shape each portion into a cutlet. Mix coconut powder and breadcrumbs together in a bowl. 4. Dip each cutlet in a crumb-coconut mixture and then put these cutlets in a refrigerator for about ten minutes. 5. In a pan, heat oil and fry both sides of cutlets on medium flame until golden brown. 6. Drain and place cutlets on kitchen paper for a few minutes. 7. Serve hot.  "Ry Tanindrazanay malala ô!" is the title of the Madagascar national anthem in its native language, Malagasy. What does it translate to into English? Oh, Our Beloved Fatherland  Uganda's national symbol is a bird, known for its gentle nature. It is also featured on the Coat of Arms and on military badges. Which bird is this? Grey Crowned Crane  Which historic leader of the Ivory Coast has a peace prize named for him? Félix Houphouët-Boigny Know More About Africa  Which weapon is depicted on the emblem that appears on both the flag and the coat of arms of Mozambique? Rifle  Which world-famous Nigerian novelist was the author of "Things Fall Apart", a book which commemorates the Find the path Start End picture of the week The Vice President, Shri Mohd. Hamid Ansari releasing the book titled “Being Muslim in South Asia”, edited by Shri Robin Jaffery and Shri Ronjoy Sen, at a function, in New Delhi on April 28, 2014.  Coconut Cutlet is easy to prepare and tastes really good. Serving Suggestions: Serve hot with chili sauce or tomato ketchup or green chutney. 1. With lots of love. 2. Do you speak French? 3. Let’s celebrate. 4. Where do you live? 5. How many of you are educated? Handy Hindi There is one interesting rule in Uganda that if you cut one tree you have to plant three trees. Best Benefits of Pomegranate Juice for Skin, Hair and Health »» Good for Heart »» Maintains blood sugar levels »» Maintains blood pressure »» Anti-aging benefits »» Helps to heal scars »» Improves the texture of skin »» Pomegranate face mask for glowing skin »» Protection from cancer »» Prevents hair fall »» Good for prenatal care Health Tip greatness of Igbo society and the challenges which white men have brought to it? Chinua Achebe  Known as the "City of Saints", this small Eastern Cape city is home to Rhodes University and the annual National Arts Festival. Grahamstown  This beautiful town at the heart of South Africa's wine industry is nick- named "Eikestad" (Oak Town) because of the abundance of these trees, some of which have been proclaimed national monuments. Stellenbosch mONDAY | MAY 05, 2014
  • 10. THEFASHIONISTAS10 BolaRayadjudged 2013Entertainment Entrepreneurof theYear Host of Drive Time on Joy FM and CEO of Empire Group of Companies, Kwabena Anokye Adisi popularly known as Bola Ray, was adjudged Entertainment Entrepreneur of the Year 2013 at the 4th edition of Ghana Entrepreneur Awards at the Banquet Hall, State House. Bola Ray is undoubtedly one of Ghana's foremost personalities when it comes to entertainment. As a result of his undying love for the industry, he established Empire Group of companies, which has its footprints in different spheres of entertainment in Ghana. Subsidiaries of Empire Group of Companies include Empire Entertainment, and Empire 102.7 FM in Takoradi. His outfit is known for the annual 'Ghana Meets Naija' concert which is one of the biggest musical concerts on the Ghanaian entertainment calendar. That event provides a common platform for top-notch artistes from both Ghana and Nigeria, one of Africa's largest nations and its most populous, is keen to collaborate with the over $2-billion Indian film industry to promote better understanding between the two countries and provide competition to Hollywood. "I am just excited at the prospect of a future collaboration between a Nigerian filmmaker and one from India," Femi Adeniye, a Lagos-based Nigerian film producer, told IANS on phone. "Indian filmmakers have the know-how and the experience and that can combine to be a threat to the Hollywood industry," added the filmmaker. Recently, Abuja hosted the first Indian Film Festival and screend a number of Hindi movies including "Lagaan", "Pardes", "Chak De! India", "Stanley Ka Dabba", "Jodhaa- Akbar", "Sholay", "Devdas", "Dhoom 2" and "3 Idiots". Indian envoy to Nigeria A.R. Ghanashayan sees a vast scope for mutually beneficial cooperation between the two countries in filmmaking by virtue of complementing comparative advantages. India is currently Nigeria's second largest trading partner. With a population of 168 million and considerable revenue from oil exports, Nigeria is the largest trading partner of India in Africa. Bilateral annual trade turnover was over $17.3 billion and non-Ghanaian resident entrepreneurs who continue to contribute towards national development through job creation. President and Founder of Entrepreneur Foundation, Mr. Sam Ato Gaisie in his welcome address said the award is built on the idea that entrepreneurs will continue to innovate and sustain their leadership in their respective industry. “Three elements are in place here;benchmarkingagainstbest practices, recognition of past and current entrepreneurship efforts, continued publicity and public attention.” Mr. Gaisie said. He said his foundation will serveasanimportantmediumto inspire Ghanaians to undertake the entrepreneurship path to enhance visibility of Ghanaian entrepreneurs and businesses. Bola Ray was born on the March 1, 1977. His life is a story of determination, persistence honesty and success. He is one of the entertainment industry's Bola Ray  Lupita Nyong'o of Kenya named world's most beautiful person Kenyan Oscar-winning actress Lupita Nyong'o, 31, has been named the world's most beautiful person for 2014 by People magazine. She said she "never dreamed" she would be praised for her looks and find herself on the US weekly's cover. Nyong'o shot to fame in the film 12 Years a Slave, winning the Oscar for best supporting actress last month. She subsequently won her first major endorsement when she became the new face of French cosmetics giant Lancome. Nyong'o said it was "exciting and a major, major compliment" to be on the cover of People. "I was happy for all the girls who would see me on it and feel a little more seen,” she is quoted by the magazine. She received an Academy Award this year in the category of Best Supporting Actress for her portrayal of Patsey in the Steve McQueen-directed film. Modern Ghana Nigerian filmmakers seek tie-ups with Indians to take on Hollywood in 2011-12, registering a growth of 34 percent. Last financial year, Indian exports showed a further increase of 1.33 percent even though bilateral trade fell to $16.8 billion. Nigeria is also the largest market in Africa for Indian exports with a large number of Indian companies operating in the country and some of them making substantial investments. India is one of the largest film producing nations in the world and Indian films have also been a part of the country's history and are very popular in Kano, Kaduna and other northern States, and local channels regularly telecast Indian films. Nigeria's First Lady, Lady Patience Faka Jonathan, who attended the film fest, opined that the two countries have a shared relationship and similarities in an enterprising film culture. She says: "Just like Nigeria with a population of over 160 million people, India is equally blessed with a huge population of over 1.2 billion people. We can therefore imagine what this translates into economic terms. "There is the possibility of stakeholders in the film industry from Bollywood and Nollywood (Nigeria's film industry) engaging in partnerships or exchange programmes that will yield mutual benefits and promote better understanding between our two countries." Afurtherboosttorelationship between the two countries in films is likely to increase trade between the countries. Some of film producers are already looking at collaboration between Nigerian and Indian film makers. India Africa Connect Nigeria - two of West Africa's biggest rivals - to share a common stage to entertain patrons. Bola Ray told Myjoyonline. com in an interview after the awards that: "I dedicate [the award] to Jehovah God Almighty, my lovely family, my workers at Empire for their teamwork and support. Also to my following out there for believing in me and pushing me up there. Sincerely grateful and humbled by the award." He added the award will definitely spur him "on to do more," and "to other budding entrepreneurs, I say to them let's continue to go the extra mile and deliver the desired results. We should all make a difference and to my MBA class of Atis Business School, Milan Italy, I dedicate this award to you as well." The Ghana Entrepreneur Awards is organized annually by Entrepreneur Foundation to recognise and award outstanding Ghanaian entrepreneurs most successful and respected personalities who will stop at nothing to see his dream wheel rise nonstop. He had his secondary education at Accra Academy. Afterwards he did his National Service at Radio Universe and then moved on to the School of Administration, University of Ghana, Legon (now the University of Ghana Business School). Whiles in his second year at the university, he also enrolled at the Central University College where he studied Business Administration. He therefore holds a Bachelor of Science Degree in Business Administration from the Central University as well. He is currently pursuing his Master's Degree in Business Administration (MBA) at the University of Leicester in the United Kingdom. Recently, he became the winner of a 2013 MBA Business Idea Competition. A MBA Business Idea. Modern Ghana MONDAY | MAY 05, 2014
  • 11. SPORTS2WATCH 11 The national basketball regular league second round gets underway when title hopefuls Cercle Sportif de Kigali (CSK) host strugglers 30-Plus in Rugunga. In other matches today, United Generation (UGB) Basketball club will be up against Integrated Polytechnic Regional Center-Kicukiro at Amahoro indoor stadium, while National University of Rwanda host Rusizi. The 2011 champions CSK are currently second on the table with 19 points, one behind the reigning champions Espoir, who finished the first round unbeaten. CSK won Morocco will host the 2015 Africa Cup of Nations (CAN) tournament from January 17 to February 8, the organisers announced on Saturday. The Confederation of African Football (CAF) said the original dates had been extended by one day so that the semi-finals nine and lost one (against Espoir) of their ten first round games. “We have three matches this weekend, and if we win all of them, it would put us in a good position to push for the title. The ideal is to finish the second round unbeaten and see what happens elsewhere,” said CSK head coach Janvier Kamanzi. The Rugunga-based CSK closed their first round with a huge 100-44 win over Huye-based NUR with Mike Buzangu scoring the game high 49 points, while his elder brother Patrick Buzangu added 34 points. New Times Afcon 2015/Kossi Agassa: We need to best prepare for these qualifiers! CAF proceeded to the draw for the qualifiers of Afcon 2015. This was an opportunity to know not only the groups, but also the composition of the groups that determine the 15 countries qualified for this competition that will be held in Morocco. The Hawks of Togo will play in Group E alongside Ghana and Guinea- Conakry. The fourth member of the group will be known after the games pitting Madagascar to Uganda and Mauritania to Equatorial Guinea. The Togolese football which is plagued by infightings has a lot on the board. And the rivalry between teammates of Kossi Agassa and Ghana are known. “It's a pretty tough group. But we must deal with it. We actually need to best prepare for these qualifiers. I think the leaders of the Togolese Federation are seeking a new coach. Is Togo favorite to qualify given its performance during Afcon 2013? Maybe yes, maybe no since after the Afcon 2013 there has still been a lot of problems in the selection. To achieve good qualifiers we must already overcome all these problems and start on the right foot …” said Kossi Agassa, Togo goalkeeper in comments relayed by RFI. Modern Ghana Trio to attend Fifa-Cecafa seminar in Dar-es-Salaam Rwandan officials will be part of other Cecafa administrators invited to take part in the two-day Fifa seminar on communications which started on May 1 in Dar es Salaam, Tanzania. Fifa Secretary General Jerome Valcke, who will be accompanied by other seven officials of the Zurich-based Fifa, will officiate the event. Presidents, General Secretaries and heads of communications from 12 Cecafa member associations — Burundi, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Somali, Sudan, Sudan Kusini, Uganda and host Tanzania — have been invited to take part in the seminar. The Rwanda football federation administrators going to for the seminar include; federation president Vincent Degaule Nzamwita, Secretary General Olivier Mulindahabi and Marketing Manager Patrick Kagabo. The seminar is part of a series of development events initiated by Fifa, with the objective of engaging its member associations in a landmark consultation process. New Times CSK target B-ball title as second round kicks off Dates announced for 2015 CAN in Morocco could be held on separate days. Traditionally, the semi-finals of the biennial African football showpiece have been played on the same day. Group A will be based in Marrakech, Group B in Agadir, Group C in Rabat and Group D in Tangier. Central city Marrakech hosts the January 17 opening match and Moroccan capital Rabat the February 8 final. In another change from recent tournaments, only one Group A game will be played on the opening day with the other being held a day later. The draws for the preliminary and group phases of the qualifying competition are scheduled for Sunday at CAF headquarters in Cairo. Modern Ghana Samuel Eto'o, a global markIt is one of the most renowned talents of World football. This Cameroonians now aged 34, is the captain of the national team, the Indomitable Lions, qualified for the FIFA World Cup in Brazil in 2014. Infact,thankstohim,CameroonwillbetheWorldCupfootballinBrazilin2014.Thisperformance is unique in Africa. For now, Samuel Eto'o fils has delighted the English club Chelsea, qualified to play the final stages of the European Champions League. But, before Chelsea, samuel Eto'o played in European Real Mallorca and Barcelona FC (Spain), Inter of Milan (Italy) clubs in which he has won 4 times in the Champions League and was ranked best player in the world of Champions Cup; et he played in the Russian club of Andy Makashkala, where he was the most paid footballer of the world. He exercises his talent from a young age, in Yaoundé district Championships at Mvog Ada. Douala, the economic capital of Cameroon, where his father worked in a company for urban transportation, it is registered in the college district Bonadoumbé and continued to play in the championships in its class. Thus he is noticed by selectors of football school in Brasseries, Cameroon; and he plays on the international level, participating with his comrades in the Minimes football tournament, Montegu in France, they won the tournament four times consecutively. Thereafter, he made a brief stint in the second Cameroonian club division, Ksa Douala, which gives way to Real de Madrid. It is the Boom and the departure which will hoist in the world. With the national team of Cameroon, the indomitable Lions, he won the Gold Medal of the Olympic Games in football in Sydney. Samuel Eto'o is one of the greatest footballers in the world. We will hear more about him at the World Cup in Brazil. Jean Calvin Ayissi mONDAY | MAY 05, 2014
  • 12. ENCOUNTER WITH EDITOR12 What is the most dynamic foreign policy decision taken by the Indian Government to further enhance the bilateral relations between the two recently? In recent years, bilateral relations have witnessed significant depth and growth laying the foundation for a richer and more fruitful relationship. Former Prime Minister Shri Atal Behari Vajpayee visited Rabat in 1999, the first Indian Prime Minister to visit Morocco, thus paving the way for developing closer and intense relations with the political leadership of Morocco. From Morocco, His Majesty King Mohammed VI's official visit to India in 2001 and his private visits in 2003 and 2005, signify His Majesty’s warmth for India and his desire to maintain closer ties with India. The visit of Hon'ble External Affairs Minister (EAM) of India to Morocco took place from 30 January to 1 February, 2014. The visit was historic in nature, being the first by an EAM to Morocco. During the visit, India and Morocco signed two cooperation agreements in the fields of environment and marine fisheries. Morocco has been a big supplier of phosphate to India. Please give us an insight on this. In the manufacture of phosphatic fertilizers, phosphoric acid is an important raw material. This vital ingredient is in short supply in India. India being a large importer of phosphoric acid, there is a clear need to secure reliable sources of this chemical. A joint venture, Indo Maroc Phosphore SA (IMACID), was setup in 1997 between Chambal Chemicals and Fertilizers Limited and Office Cherifien Des Phosphates (OCP), Morocco, one of the world’s largest suppliers of Phosphate and its derivatives. Commercial production began in November 1999. In 2005, Chambal and OCP diluted their shareholdings by 16.66% of each in favor of Tata Chemicals Limited. Currently it is a joint venture between OCP, Morocco & Indian companies M/S Chambal Chemicals and Fertilizers Limited and TATA Chemicals Limited (TCL) with the equal partnership of 1/3 each. The annual turnover is about 2000 Million Dirhams( $ 250 million). This JV project, worth US $ 227 million, produces about 430,000 MT per annum of phosphoric acid; nearly all of it is imported by India. What are the specific areas in which India can enhance its bilateral ties with Morocco? The specific areas of interest could be: i) Auto industry, SMEs, pharmaceuticals, IT, rural technology and agro-processing, renewable energy, greater institutional linkages between think tanks as well as establishment of higher learning institutions, e-learning/ telemedicine, tourism and hospitality, banking, civil aviation, etc. ii) There is immense interest in Morocco in Indian art and culture, especially Hindi cinema whose leading stars are household names in Morocco. It should be possible for Indian film industry to shoot their movies in Moroccan locations if attractive incentives are offered. iii) We should have regular visits at different levels of the government and the private sector from both sides. Leading corporates like TATA, Ranbaxy, Pepsico India have incorporated wholly-owned subsidies in Morocco. Comment and how you eye to bring in more of Indian investment to the country. Tata group has its presence in Morocco in the fields of phosphate and vehicles. Tata Chemicals Ltd. has one-third partnership in IMACID, a joint venture between Indian and Moroccan companies for production of phosphoric acid. Tata Hispano Motors Carrocerries Maghreb S A (THM) is a wholly owned subsidiary of Tata Motors India, operating in Morocco since the year 2000. Ranbaxy Laboratories Limited started by establishing a representative office in Casablanca, Morocco in 2005 and later decided to further strengthen its presence in Morocco by establishing its wholly owned entity - Ranbaxy Morocco LLC - in 2011. PepsiCo India has acquired the beverage maker's entire franchisee bottling operations in Morocco. Which are the major events to be held in nearby future in Morocco that will offer a platform and will prove fruitful for the Indian Diaspora? Important bilateral events like Foreign Office Consultations, Joint Commission Meeting, Joint Business Council meetings etc. are in the pipeline to be held in Morocco in the near future which will be further helpful for enhancing bilateral relations. The size of Indian community in Morocco is very small viz., about 250. Most of them are traders basically engaged in trading of textiles, electronic equipment etc. Among international fairs and exhibitions in the year 2014 Auto Expo (May 9-18) on ‘Cars and Motorcycles Show’, Ramadan Trade Fair (July 3-29) on ‘Home furnishings, electrical appliances, carpets and textiles, shoes and leather products etc., to be held in Casablanca are worth mentioning. India and Morocco have deep-rooted historical links. Import of phosphate and its derivatives from Morocco is an important element in India’s agricultural production. The Ambassador of India to Morocco, H.E. Mr. Krishan Kumar highlighted in an exclusive interview to Kanchi Batra, Sub-Editor, IAT a propos the efforts of the Indian government with its dynamic foreign policy to enhance its relations with Morocco. Owner / Publisher / Editor: Mr. Kirit Sobti from 3rd Floor, Plot No. 3, Block PSP-IV, Service Centre Opp. Sector-11 (Extn.), Rohini, Delhi-85 Printed at LIPEE SCAN PVT. LTD. 89 DSIDC SHED Okhala Phase 1, New Delhi ‘ExplorethemostEmergingmarketintheGlobe’ June 23-25, 2014 Kenyatta International Conference Center,Nairobi,Kenya International Exhibition and Conference FOR MORE DETAILS, PLEASE CONTACT RADEECAL COMMUNICATIONS Ph.+91-79-26401101,26401102,26401103 Mobile.+91 9173826807 Email:mktg@radeecal.in;sales@radeecal.in BOOKYOUR STALL NOW VISITORS PROFILE MEDIA PARTNERS Read to Succeed Agents & Distributors | Bankers | Educationalist & Students | Farm Contractors | Progressive Farmers | Govt. Authorities | Importers & Exporters | Trade Industry & Trade Media | Investors & Entrepreneurs | Consultants | Scientists | Technologists | Transport & Logistic Experts ORGANIZED BY www.agritecafrica.com SUPPORTED BY CONCURRENT SHOW Tata group has its presence in Morocco H.E. Mr. Krishan Kumar Ambassador of India to Rabat, Morocco  MONDAY | MAY 05, 2014