MONDAY | february 17, 2014

Anand Mahindra
received the
02 Wassupafrica

MONDAY | FeBruARY 17, 2014

Zambia to re-capitalise

copper mines

Michael Sata of Zamb...
mONDAY | FeBruARY 17, 2014

Namibia thanks India for

human resource development

UK; Bharrat Jagdeo, Former
04 CountryoftheWeek

MONDAY | FeBruARY 17, 2014


Why Togo?

Official Name
Togolese Republic
Head of Stat...
mONDAY | FeBruARY 17, 2014

South Africa

manufacturer handling huge
manpower of nearly...

MONDAY | FeBruARY 17, 2014

Keep Sustainability
at the heart of the development agenda
By kirit sobti...
mONDAY | FeBruARY 17, 2014



It’s time to explore

South Africa

When you think of Africa, many words

MONDAY | FeBruARY 17, 2014

A Complete Solution for

Food Processing

in Africa
Africa is blessed wi...
mONDAY | FeBruARY 17, 2014



What is more important, your standard of living...

MONDAY | FeBruARY 17, 2014

Ready to pick up

short Hairstyles?
Short hairstyles for black women reall...
mONDAY | FeBruARY 17, 2014


Royal Challengers Bangalore

Broke their Bank to get
the TIGER at 14 crore

MONDAY | FeBruARY 17, 2014

Considerable foreign support has helped Gabon to be one of the prosp...
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Volume 1 issue 6


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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, 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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Volume 1 issue 6

  1. 1. www.indoafricatimes.com MONDAY | february 17, 2014 Anand Mahindra received the Sustainable Development Leadership Award pg 03 Title Code: DELENG18579 • VOL. 1 • NO. 6 • Page 12 • Price `10 RCB Broke their Bank to get the TIGER at 14 crore pg 11 “The Blue Economy is Africa's future” V It’s time to explore South Africa pg 07 14th Delhi Sustainable Development Summit on land and in the ocean, it is about building partnerships for development. Preserving the oceans is a global responsibility, a joint effort and a longlasting commitment.” On this event, the Tenth Sustainable Development Leadership Award was awarded to Mr. Anand Mahindra, Chairman and Managing Director of Mahindra & Mahindra. The Award congratulates global leaders for their shares in the field of sustainable development. The award is offered during the Summit as TERI’s honor to renowned folks involved in heartening global creativities that can lead the world towards a sustainable future. The Summit witnessed the esteemed presence of many eminent luminaries such as Kofi Annan, Nobel Laureate and Former SecretaryGeneral, United Nations; Danny Faure, Vice President of Seychelles; Lord John Prescott, Former Deputy Prime Minister & Member of Parliament, House of Lords, pg 08 BLACK DRESS: A tribute to African American designers pg 10 Continued to page 03  ice-President of Seychelles, H.E. Mr. Danny Faure, who was representing President James Michel at the 14th edition of the ‘Delhi Sustainable Development Summit’ (DSDS) which is a flagship event of TERI, The Energy and Resources Institute, from 6th February to 8th February 2014 that kicked off at Hotel Taj Palace, New Delhi. The theme of this year’s Summit was “Attaining Food, Water, and Energy Security for All”. His address was focussed on the sustainability of the oceans and the blue economy, which was well greeted by the summit as conventionally the attention of DSDS has been on land-based concerns. In his speech, Vice-President Faure stressed that “We small islands know very well that it is the oceans that drive the global climate, it is the oceans that contributes significantly to the air that we breathe, and the food that we eat. It is the oceans that connect us through trade routes. And whilst humankind has been notorious in exploiting and polluting our oceans, we have yet to define a framework for the sustainable management of the oceans.” He ended his speech by saying that “Our blue economy is the green economy. It is about ocean conservation and sustainable use; it is about creating blue jobs, it is about eradication of poverty, it is about obtaining more equitable revenue from our resources, it is about creating a link between what we do A Complete Solution for Food Processing in Africa H.E. Mr. Danny Faure, Vice President of Seychelles
  2. 2. 02 Wassupafrica MONDAY | FeBruARY 17, 2014 Zambia to re-capitalise copper mines LUSAKA: President Michael Sata of Zambia says his government will re-capitalise the Zambia consolidated copper mines, zccm Investment Holdings. His Facebook message says the state will inject some 275-million kwacha (55-million us dollars) into the firm, with a view to enhance value addition in the gemstone mining sub-sector. President Sata says the government wants value addition through cutting and polishing in the gemstone sub-sector, in line with the ruling Patriotic front, PF Manifesto. He says his administration is determined to extract huge benefits for the Zambian people from the country's rich natural resources. President Sata also says the developments in the gemstone sub-sector are just some of the things he insisted on doing when he became Head of State. He says value addition in gemstones and other minerals was part of the PF campaign promises, which some pessimists doubted at the time. Mr. Sata also says the doubters have, however, been proved wrong because Zambia has started auctioning gemstones locally, which is all a result of his bold decisions. Last year, Zambia managed to hold three auction sales of gemstones from Kagem Mines; and more than six-million-800-thousand carats of gemstones were sold for a total of 63-Million-100-Thousand dollars. -Saba News Namibia Establishes single window initiative WINDHOEK: The government of Namibia has approved the establishment of a National Single Window Initiative and designated the Ministry of Trade and Industry to spearhead the scheme. State radio, NBC News, says the National Single Window Initiative is a new and innovative approach to border processing and clearance to improve the competitiveness of cross-border trade. It says Single Window is defined as a facility that allows parties involved in trade and transport to lodge standardised information and documents with a single entry point to fulfil all export, and transit-related regulatory requirements. A statement issued by the Ministry of Information and Communication Technology says the Cabinet approved the setting up a national steering committee at the Permanent Secretary level. The Cabinet also approved appointment of a consultant by the Trade and Industry Ministry to do the cost and benefit analysis; and advice on the model to be considered appropriate for Namibia's training environment. The Single Window Initiative will be linked to the one-stop border posts concept to achieve competitiveness in Namibia; as well as to streamline and accelerate trade in the rest of Southern African Development Community. -Saba News Fruitful opportunity for African cotton growers A representative of textile industry, cotton brokers and cotton growers of India, Indian Cotton Federation (ICF) erstwhile the South India Cotton Association (SICA), is planning to develop direct links with the cotton growers in Africa and the buyers in India respectively. After the courtesy call made by a three-member team including President of the national Union of Cotton Producers in Burkina Faso, Communication Manager of African Cotton Producers Association and Vice-President of the National Federation of Cotton Producers in Senegal, J. Thulasidharan, President of ICF said, “This is the third delegation in the last couple of months. South Africa endeavors to captivate more Indian tourists to its land the years and this fiscal year ending March 31 we are expecting around 1,33,000 Indian tourists. In the last three years, India has become a core market for us.” Further adding to it, she articulated that apart from training tour and travel operators on spotlighting South Africa as an exciting destination to Indians, the Cricketer Jonty Rhodes from South Africa  Observing the escalating figures of Indian visitors to South Africa, the country plans to promote and spotlight itself more aggressively across India with an endeavour to catch a bigger portion of Indian tourists. The rising graph of the impending of Indian tourists can be witnessed by the noteworthy increase in the figures i.e. from 71,587 in 2010 to 1,06,774 in 2012. Expressing his views on this, Evelyn stated, “The growth has been strong and steady over prime focus will also be on outdoor and audio-visual promotions as well. She specified, “Around 500 billboards that depict the popular holiday spots and cultures will be put up across 21 cities in India. While cricketer Jonty Rhodes, our brand Ambassador will continue to lure the cricket crazy Indians through TV advertisements.” They are here on an exploratory trip, to understand the industry’s requirement and we intent to proactively pursue and establish better trade relationship.” Various mission have been initiated by International Cotton Trade (ICT) with an aim to promote African cotton. During the visit, Thulasidharam exhibiting his interest sought details regarding the production volumes, government regulations, native condition, safety element, and logistics expressing the need to initiate buyer-seller meet in Africa offering a platform which will give an excellent opportunity to stakeholders to establish a direct link with the cotton producer/ginner in Africa. He added, “Only two-and-a-half per cent of our requirement is produced here. The cotton that is required for making knitted yarn is now sourced from Gujarat. African cotton is the next best alternative.”
  3. 3. Wassupafrica mONDAY | FeBruARY 17, 2014 Namibia thanks India for human resource development UK; Bharrat Jagdeo, Former President, Guyana; Lance Ignon, Director, San Francisco Office, Sitrick And Company, USA; Lord Deben John Gummer, Former Member of Parliament, UK; San Francisco Office, Sitrick And Company, USA; Gregory Barker, Minister of State for Climate Change, UK; Lance Ignon, Director, Takehiko Nakao, President, Asian Development Bank, the Philippines and Luis Albertoo Moreno, President, InterAmerican Development Bank, USA amongst others. Dr. R.K. Pachauri, Director General, TERI put into focus about “The Delhi Sustainable Development Summit” asserting, “TERI’s yearly flagship event discourses several elements of the most significant challenge that humankind is facing- that of connecting a part of development which is clearly not sustainable. The theme of 2014 Summit, which is “Attaining Food, Water, Energy Security for All“ clearly defines the most urgent and inherently complex set of issues that all section of global society must tackle for the security and wellbeing of a population in excess of 7 billion which in the next few decades is projected to exceed 9 billion. The remarkable leadership from every part of the globe which would be present at DSDS 2014 can provide intellectual and policy direction which can help in meeting the challenge embedded in this year’s theme”. Mr. Kofi Annan stressed the necessity for comprehensible global strategies that keep sustainability at the heart of the development outline. He explained on the absence of basic From page 01 Mr. R.K. Pachauri, Director of TERI addressing the audience at DSDS 2014 facilities across major populace in India and Africa. Mr. Annan also indicated that even though, jointly we’re better off than previous generations, we will carry on to feat finite resources at an startling rate, almost as if there is no tomorrow. Mr. Salman Khurshid, Minister of External Affairs, Govt. of India underlined that sustainable development was not thinkable without attaining energy, food, and water security for all and combined pains between all stakeholders can support us in attaining this development. He also said that no global exertion to live in peace together is comprehensive without development that is sustainable by itself and that also withstands over time. He added together by saying that conservation and preservation will come only if we stop destruction. Delhi Sustainable Development Summit, an illustrious platform comprised of conversant sessions on a variety of issues like: Ensuring and Expanding Access to Energy, Water and Food; Re-thinking development; Dealing with Energy, Water, and Food Security Challenges in Asia; Central Hospital. The facility is still being run by Indian experts since Namibia has not yet found professionals to run it, despite the looming deadline for its transfer. However, Minister Kaapanda has requested an extension of the cut-off date, to which Minister Sharma agreed. The visiting Indian Minister has told Prime Minister HAGE GEINGOB, India plans to establish a national information technology institute and a commercial centre. The Namibian Premier says he is hopeful the centre will create employment and empower many people to start their own businesses. -Saba News How Can Businesses Help Attain Energy, Water, and Food Security; The Energy, Water, Food Triangle; Tackling the Energy, Water, and Food Security Challenge; Gender: The Core Issue in Sustainable Development etc. On Day 3 a session on tackling the energy, water, and food security challenge in Africa was held. Ministers from the African countries shared their views on the issue one by one. The keynote speaker Dr. Carlos Lopes highlighted that while Africa roots the smallest damage to the global climate, it will be the most affected. Africa needs to emphasize on the type of industrialization that will be comprehensible with competence and green development. He also mouthed about the necessity for greater investment and exploration in climate science and natural disaster warning systems, adding that we must jointly encourage   WINDHOEK: The government of Namibia has expressed gratitude to India for helping develop human  Anand Sharma, Indian Minister of Commerce and Industry, India resources of the Southern African country. Namibian state radio, NBC News, says the assistance is being done through settingup of information technology, commercial and e-health projects under the PAN-African E-network project of India. The radio says the Indian Minister of Commerce and Industry, Anand Sharma, has paid courtesy calls on Prime Minister HAGE Geingob and Information Minister JOEL Kaapanda. It says schemes like tele-medicine or e-health, an on-line medical consultation program between Indian and Namibian medical experts, have since 2012 been functioning at the Windhoek 03 Future tea country MOZAMBIQUE: To discuss and discover the fruitful opportunities accessible relating to tea farming and its scope in Mozambique, a delegation of small tea growers met the Mozambique envoy. The delegation headed by President of Confederation of Indian Small Tea Growers Association (CISTA), Bijoy Gopal Chakraborty met Maria Morais, Mozambique’s High Commissioner to India and Vincent Paulo C Chihale, Commercial Counsellor. With only 6000 acres of land in use for tea plantation, out of 39,000 hectares available in Mozambique, arises a great need for expertise and investment in tea production. Further, small tea growers in an endeavor to keep themselves and cooperatives updated regarding the skeptics of climate change to change their opinions for a sustainable world. H.E. Dr. Raphael Edou, Minister of Environment, Climate Change and Reforestation, Benin said that climate change is not biased, it is confronted globally; hence there is an imperative necessity for leadership, sensitization and mobilization of citizens universally. H.E. Mr. Henri Djombo from Congo backed this view, saying that the water, energy, and agriculture sectors must to be H.E. Prof. Ephraim Kamuntu from Uganda sustainable green leaf trade have formed self-help groups in many tea growing states. The delegation also brought into limelight the extensive support forwarded by the Tea Board of India to small farmers since the 10th Plan highlighting the constitution of a Small Tea Growers Development Directorate aiming to transform small growers from green leaf producers to tea producers. unified into a single strategy. H.E. Mr. Mass Axi Gai, Minister of Fisheries and Water Resources said that The Gambia is ecological in terms of safe drinking water, food security, and energy, but the upsurge in cost of energy use is prominent to poverty in Africa, with the high cost of renewable technology making a fence. H.E. Ms. Ana Paula Samo Gudo Chichava, Deputy Minister for Coordination of Environmental Affairs, Mozambique said that energy, water, and food security has to be at the heart of every field in order to achieve sustainability globally, adding that Mozambique’s efforts have been renowned in this ground. Prof. Rolph Payet, Minister of Environment and Energy, Seychelles held over-production and overconsumption mostly accountable for climate change, and said that all nations must cooperate to craft a clear policy for sustainable development counting clarifications to climate changerelated natural disasters. H.E. Prof. Ephraim Kamuntu from Uganda articulated a need to modify the method to development such that keenness and competence rise. The session was chaired by Dr. Fatima Denton who summed up the speaker replies fluently. LOCAL ENTERPRENEUR SKILL DEVELOPMENT EDUCATIONAL PROGRAM  INCUBATOR TRAINING SUSTAINABLE ENTERPRISES HAND HOLDING BUSINESS DEVELOPMENT Let’s not create JOBS Let’s create JOB creators              Mr. Anand Mahindra, Chairman of the Mahindra Group, received the Sustainable Development Leadership Award from Mr. Salman Khurshid, Minister of External Affairs     
  4. 4. 04 CountryoftheWeek MONDAY | FeBruARY 17, 2014 TOGO AT A GLANCE Why Togo? Official Name Togolese Republic Head of State H.E. Mr. Faure Gnassingbé Capital City Lomé Area 56,600 sq km Population 5, 258, 221 inhabitants Government: Presidential republic Time Zone GMT (UTC+0) Country Dialling Code +228 T ogo consists of a long strip of land in West Africa. It shares borders with three countries that include Benin, Burkina Faso and Ghana. It has a coastline in the south along the Bight of Benin of the Gulf of Guinea in the North Atlantic Ocean. Togo is primarily divided in six geographic regions featuring low – lying sandy beaches, tidal flats, shallow lagoons, plateau and mountains. KEY SECTORS IN TOGO Agriculture Agriculture is the primary economic activity of Togo, with a GDP contribution of 40%, 20%, of export income and employment for over two-thirds of the working population. The majority of the population is employed in the production of food and cash crops. The key staple crops are maize, cassava, rice, peanuts and sorghum. Coffee, cocoa and cotton are the key cash crops that are exported. Energy Togo produces 73% of its total energy from such as wood combustion and electricity, and remaining from hydro-carbons. The government has been focusing on creating autonomy in generation and distribution of energy, whilst diversifying the energy sources to cleaner and renewable energy. The government is taking steps for sustained supply of energy at a competitive cost. These include construction of Contour Global Togo SA (100MW power station) and completion of regional projects such as connection of the CEB network to the Nigerian TCN network and the African gas pipeline project. Mining and Quarrying The mining of phosphate rock dominates the mining industry of Togo. The country was ranked the 14th largest producer of phosphate rock in 2009. Other mineral commodities produced in the country include cement, clinker, diamond, gold and limestone. The Currency CFA franc (XOF) Major Exports Cotton, phosphates, coffee, cocoa Major Imports Machinery and equipment, foodstuffs, petroleum products phosphate reserves in Togo are estimated to be about 60 million tonnes. Societe Nouvellesdes Phosphates (SNPT), a stateowned firm, is the key producer and has invested about US$ 62 million in mining and excavation materials, and is expected to increase production to about 3 million tonnes. The government has encouraged private sector investment in the field of cement production to increase production to 2 million tonnes. Information, Communication and Technology Togo is part of the West Africa Cable System (WACS) project, an ambitious project that is laying underground fibreoptics cables to link West Africa with Europe. The telecommunication sector in Togo is booming with a targeted market penetration rate (new subscriptions) of 60% by 2015. The government is keen on reviewing the regulatory framework and opening up the market for other players and investors. Tourism Tourism is fast becoming a key contributor to GDP, underpinned by growth in volume of tourists and the country fast becoming a transit hub for air travel and re-exports to the sub-region. Currently, 400 hotels are concentrated around Lome`, with a capacity of 30.000 rooms. SEVEN REASONS FOR INVESTING IN TOGO Reason 1: Peace and Stability: Togo is a peaceful and stable country thus providing peace of mind to the investor and safety to his/her invested capitals. Reason 2: Geographical Situation and infrastructure: Located in West Africa along Atlantic Ocean coastline and bordered on the north by Burkina Faso, on the east by Benin and on the west by Ghana, Togo offers by its strategic location and its infrastructure, an ideal place for industrial development and commercial exchanges with West Africa (ECOWAS), Europe and North America. Togo is the sea door for sahelian countries which do not have access to sea (Mali, Burkina Faso, and Niger). Reason 3: Togo Membership in sub regional Groupings (UEMOA, ECOWAS): With 56 600 km2 and 6, 2 million inhabitants, and its membership in sub regional groupings, Togo has become a large market claiming 320 million ECOWAS inhabitants. Today, the investment policy is more oriented towards regional dynamism. It is worth noting that by investing in Togo the investor will have easy access to all ECOWAS markets from Togo. Reason 4: Investment Potentials/Opportunities: Togo is packed with potential natural resources. Phosphate, limestone, platinum, bauxite can be mentioned on mining side. The agriculture sector remains the drive force for economic growth. Fertile lands are available in every region/county and offer opportunities to develop projects in the sector. Niches of opportunities are available in the area of Information and Communication Technologies. The railways rehabilitation will enhance the implementation of the dry port project in the northern part of the country. There are opportunities for building low cost house. Reason 5: Conducive Business Environment: There is no restriction to the right of foreigners to operate local corporates. A foreign investor can establish an affiliate owned at 100%. The process for corporate registration has been simplified for the investor as a single window like Center for Corporate Formalities (Centre de Formalitie`s des Enterprises CFE) has been set up. A reduction of corporate tax has been observed, from 40%, it got to 37% then to 29% currently. The UEMOA financial market remains accessible to investor and provides the required safety and guarantee for their transactions. Togo Government has decided to Advertiser's Index Climate Climate is generally tropical with average temperatures ranging from 23 °C (73 °F) on the coast to about 30 °C (86 °F) in the northernmost regions, with a dry climate and characteristics of a tropical savanna. Official Language French Natural Resources Phosphate, Iron and Limestone Independence 27 April 1960 (from France) put in place a system called [Single Window for External trade (GUCE)] in order to facilitate external trade. This system will particularly help the port players, and also at every goods entry points, to exchange messages regarding both information (Declarations, Authorizations) money (Payment of various duties, Taxes and fees) instead of the current physical flows. GUCE will help to improve upon the conditions for external trade transactions and to reduce the required time for goods forwarding. Reason 6: Skilled Labor Supply: The enrolment rate in Togo hits 73% and ranks among the highest in Africa. Regarding vocational training, the country has specialized schools providing skilled labor. The National Funds for Apprenticeship, Vocational Training and Upgrading provides financial support to companies for staff capacity building. The freedom to hire is guaranteed under a very flexible labor code. Reason 7: Wholesome Macro Economic Framework: The government has embarked on a policy of good governance and quality management. This contributed to reach HIPC (Highly Indebted and Poor Countries) completion point in December 2010 leading to a significant reduction of Togo’s debt. Modern Agro........................................................................... Page 02 Laxmi Publications.................................................................. Page 02 LESDEP ................................................................................... Page 03 KS Infosystems....................................................................... Page 07 SSP Pvt. Ltd............................................................................ Page 08 THE TIMES OF AFRICA......................................................... Page 10 KIMMS..................................................................................... Page 11 Indocorp.................................................................................. Page 12
  5. 5. BusinessBuzz mONDAY | FeBruARY 17, 2014 South Africa A Japanese automotive manufacturer handling huge manpower of nearly 3,33,498 employees, Toyota plans to invest 1 billion rand ($90 million) in the manufacturing of its Corolla model in South Africa, giving encouragement to the domestic auto sector after strikes that held last year. BMW expressed that wage related strikes in 2013 hindered expansion plans in the country. On the other hand, Toyota emphasized on investment as a part of an expansion plan that was initiated in 2012. Commenting on the investment, Toyota expressed, “The investment is the second to be announced in the current phase of capital expansion that started with the 363 million rand new parts distribution centre in Gauteng in 2012.” Africa attracting MTN TO EXPAND ITS NETWORK THROUGH INVESTMENT With an endeavor to maintain its rank as the leading mobile service provider, eminent telecommunication company, MTN Rwanda is all set to invest at least $20 million. As articulated by Ebenezer Asante, CEO, MTN has already invested above approximately $200 million in the last five years to enhance its network coverage in different corners of the country. He added, “The past year was the right time for MTN Rwanda to sell off its towers and focus on what we do best”. Worth mentioning, the pioneer sustained to rule the domestic market with more than 3 million subscribers with 5% growth in 2013 even at the time when telecommunication industry was in crisis. Further, the MTN Mobile Money users breaking all the records touched 1 million and the company is geared up to commence cross-borders money transfer service. In 2013, MTN was crowned with the best taxpayer award by Rwanda Revenue Authority. Revealing their future plans, the company anticipates to enhance the number of service centers, of which at present there are only 17 including 24/7 service center in the country.  Trendy Toyota in Ebenezer Asante, CEO, MTN Rwanda An answer to the emerging Indian Oil companies NOW generation ONGC Videsh Ltd (OVL) and Oil India Ltd (OIL) have jointly bought for $2.475 billion the Videocon’s 10 percent stake in the Rovuma Area 1. OVL and OIL have together completed the attainment of Videocon Group’s 10 percent stake in a gigantic Mozambique gas field along with OVL additionally buying US energy major Anadarko Petroleum’s 10 percent stake in the same block for $ 2.64 billion. According to sources, ONGC Videsh Ltd have elevated around $1.5 billion in one-year link loans from foreign lenders, while OIL engaged $900 million to stock their corresponding share of payments to Videocon. Also, talks are going on that OVL would increase another $2.6 billion for the Anadarko payments. OVL stated, “OVL and OIL have completed the acquisition of 10 percent interest in the Rovuma Area 1 offshore block, Mozambique, by acquiring 100 percent shares of Videocon Mozambique Rovuma 1 Ltd, the company holding the 10 percent interest in the Area 1, from Videocon Mauritius Energy Ltd.” Furthermore, the bought up stakes will be split in a 60:40 ratio between OVL and OIL. The agreement by two businesses was signed with Videocon Mauritius energy thus, procuring the stake in the gas field. OVL added, “This marks OVL’s entry into this emerging world-class offshore gas basin with significant future upside potential. Area 1 has the potential to become one of the world’s biggest LNG producing hubs and is strategically located to supply LNG to the growing Indian gas market.” Also, Videocon’s Director Kuldeep Drabu quoted on the agreement, “Videocon shall also continue to explore more opportunities in energy sector elsewhere… pursuant to its corporate objective and strategy to remain actively invested in EP activities worldwide.” National Industrial Credit Bank popularly known as NIC Bank, contributing to its mission to become the leading financial services provider to the target market has launched self-service solutions especially for targeted customers to make banking simpler and quickly accessible. Dubbed as “NOW”, the innovative strategy aspires to concentrate on the needs of time-conscious customers. Commenting on bank’s new strategy, John Gachora, Managing Director of NIC Bank Group expressed, “This strategic shift is an answer to the emerging “NOW” generation that demands everything on their fingertips. Through this strategy, we aim to move all our products to the “NOW” platform, to ensure our customer needs are being met “NOW!” According to him, the “MOVE” to “NOW” strategy will have its prime focus on developing new and modern Audi to reach pinnacles in south africa with sedan a3 The Smart and Stylish move Car Dekho, a website that furnishes all the information related to cars also known as the world of cars highlighted Audi’s plan to expand Indian auto industry through the launch of premium sedan A3. While the wait was on, a German luxury manufacturer took the crown by introducing the vehicle in the South African market commencing the deliveries from January 2014. The car was priced at R323, 500 (approx. Rs. 19 lakh). Audi India with its most reasonable A3 aspires to acquire the market as BMW and Mercedes-Benz introduced 1-Series and A-Class respectively during the same time. The vehicle was exposed at the Indian Auto expo in 2014 is anticipated to be company’s top selling product in developing nations embracing India. In South Africa, the fresh A3 was introduced in both petrol and diesel version. The petrol model comprises of 1.4-litre TFSI tuned to deliver two power output i.e. 123bhp (MT) and 120bhp (AT) and a 1.8- litre engine producing 177bhp and 250Nm. Also, the diesel model is supported by a turbo diesel engine giving a maximum power output of 148bhp and 350Nm. Including features like Audi’s drive select system, two zone climate control, MMI and a multi-functional steering, the car’s price is likely to be nearly Rs. 22-25 lakhs. products services that can be delivered in a swift and efficient manner. Already, the bank has introduced few innovations such as NIC NOW Mobile application, online account opening, online cheque deposit, and full online banking as a part of the strategy. The NIC NOW application routine transactions such as balance enquiry, bill payments, and fund transfers can now be done with a single touch, endowing comfort and advantage to the customers. Similarly, customers can open a NIC account from their home or office by using online account opening facility. Further, Mr. John conveyed, “Whether it be asset finance, stock trading, retail loans or SME banking, the aim of our MOVE to NOW strategy is to make the available NOW. We are confident that our customers will enjoy faster, efficient, NOW banking.” 05 MTN Awards Lucky Subscribers African people are not only heading towards development but they are also coming up as the face for corporate social responsibilities towards subscribers, recently, Lonestar Cell MTN presented many prizes to its subscribers who in the past registered for its campaign i.e. Do Your Time. Liberia’s one of the renowned GSM companies, MTN stepped ahead providing numerous gifts to its customers such as a travel opportunity to Dubai, Brazil, United Kingdom or United States of America. According to Abraham Daramie, Marketing Officer, the campaign is envisioned to empower Liberians, especially its subscribers to explore countries of their choice, at the expense of Lonestar Cell MTN inclusive of lodging, hotel bills and cash prize of US$1000 for shopping. To be a part of the campaign, MTN availed the digitalized way for subscribers to text “WIN” to the short code 3232 and use US$5.00 scratch card or more per week to participate in the campaign. Also, MTN is said to give refrigerators, petroleum products, 32 inch plasma televisions and DSTV sets with one month subscription together with new state of the art Samsung phones Many subscribers got lucky during the campaign and won numerous prizes like 10 gallons of gas coupons from Aminata Service station, refrigerator, eight Samsung phones, television, and two sets of DSTV. One of the lucky subscriber, Fatta Konneh, encouraged other MTN subscribers to participate in “Do Your Time” campaign to take the opportunity and test their luck. To book your Advertisement please email to ads@indoafricatimes.com or call at +91 8130796166 +91 8595166625 
  6. 6. 06 FRANKLY SPEAKING MONDAY | FeBruARY 17, 2014 Keep Sustainability at the heart of the development agenda By kirit sobti, editor, iat editor@indoafricatimes.com Will coming generations find it more challenging to stay alive and flourish on the continent in later years? In literal sense how would one describe Sustainable Development? It postulates a needed future state for human cultures in which living conditions and resource-use meet human needs without weakening the sustainability of natural systems and the environment, so that coming peers may also have their wants met. Sustainable development draws collective concern for the carrying capacity of natural systems with the social and commercial challenges confronted by humanity. Africa is gifted with rich and varied renewable and non-renewable natural assets; however its folks continue to be amongst the poorest in the world. Refining the well-being of people in Africa necessitates sustainable development braced with peace and steadiness, and with human, institutional and organizational dimensions to accost instant challenges, such as poverty and ailments. Since some half a century ago when African countries in full swing started attaining their political independence, the landform has confronted several challenges in its expedition for development. There has been some degree of accomplishment but to a great extent, the continent is quiet behind the rest of the world in advancement. As I have mentioned earlier, poverty rests as the notable expansion challenge facing Africa. It is connected to the environs in multifaceted ways, chiefly in natural resource-based African economies. About two-thirds of the populations in African countries live in rural areas, stemming their main revenue from agriculture. Population in Africa are cutting trees for fuel wood, land-degrading farming systems have been undertaken, wildlife are being hunted to extinction, all in a struggle to content today’s demanding living wants. Awkwardly, these actions have not only deteriorated the state of the deprived living in Africa today, but they will also have consequences for upcoming generations to come. According to the World Bank, the sub-Saharan population is rising at the rate of 2.5 percent per year as compared to 1.2 percent in Latin America and Asia. At that rate, Africa's population will double in 30 years. Fast population growth has put a lot of pressure on Africa’s ecosystems. Glitches such as food security, land tenure, environ-mental degradation and the absence of water supply are often related to high rates of population growth. In 1992 at the United Nations Conference on Environment and Development, Member States were called upon to assimilate the extents of sustainable development into their growth strategies. At the 2002 World Summit for Sustainable Development (WSSD), this song was further sung, commending Member States to speed up their determinations at attaining sustainable development. Later on, African countries have incorporated these sustainable development associated promises. The maintenance of an environment of peace and security is consequently one of Africa’s notable development necessities. Separately from its costs in human and material terms, battles hinder production, harm infrastructure, avert the reliable delivery of social facilities and upset societies. In spite of the long-standing promises and the stress positioned by African leaders on the course of regional integration, this has been sluggish and hence, remains a major test for Africa. It is thus no quirk that the Africa Chapter of the Johannesburg Plan of Implementation (JPOI) of WSSD, shapes in its preamble that since the United Nations Conference on Environment and Development (UNCED), sustainable development has remained elusive for many African countries, with poverty remaining a major challenge. Experts claim that Africa can realize sustainable development by climbing up “green economy” initiatives. What is required is augmented apportionments from within national budgets added by donor funding. The United Nations Environment Programme (UNEP) describes a green economy initiative as one that results in “improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities.” Later on, doyens says that implementing this edge through a notion known as “Low-Carbon Climate Resilient Development” – meaning fetching in projects that will help lessen greenhouse gas emission, help adapt to climate change while increasing income, will help Africa move in the direction of sustainable development Now there is a new concept for sustainable Development stressed by H.E. Mr. James Michel, President of Seychelles when he called on Commonwealth leaders to cultivate the Blue Economy notion as the base of equitable and sustainable development through the Commonwealth Heads of Government Meeting (CHOGM) in Colombo last year. Can you trust it if somebody laid claim that there occurs an economic method which does not yield any waste, has zero discharges, however creates jobs, shapes social capital and to add above all does not include higher costs? Yes, the time has come to conceive this concept. It seems apparent that the subject of environmentally friendly sustainable development cannot be ignored if the African continent is to encounter its development challenges. The connections are palpable and tough. If the present generation of Africans finds it tough to grapple with development challenges in spite of current levels of natural resource awards, will coming generations find it more challenging to stay alive and flourish on the continent in later years? At that time, the continent will have exhausted most of its possessions and will be stalled from acting its life-sustaining meanings. This message must vibrate more strongly with policy makers, community groups and development partners and every African thriving today! I trust that if Africa is to come across these ecological challenges, it must take action at all levels. It has to include global, national and community World Green Economy Summit The World Green Economy Summit (WGES) is to be held in Dubai on 15th and 16th April, 2014 in conjunction with session of Water, Energy, Technology, and Environment Exhibition “WETEX 2014”. The summit is the first green economy summit in the Middle East and North Africa region with an aim to bring together government, business and finance leaders to counterfeit global partnerships and provide paths to a sustainable future for humankind. In a recent press conference, H.E. Saeed Mohammed Al Tayer, Chairman of the World Green Economy Summit and MD CEO of Dubai Electricity and Water Authority stressed that private sector exhibits a remarkable role in the evolution into green economy. Excellency also emphasized on the importance of forums which explore and builds new opportunities between the thinkers and decision makers in both private and public sectors. According to him, the World Green Economy Summit in Dubai would enhance the reputation of the UAE as a global hub for exporting and re-exporting green products and technologies and as global gateway of investment and green trade. Excellency, Al Tayer also requested the leaders and forerunners of green economy in India to contribute in the summit which will deliver real and sustainable solutions underlining on the importance of collaboration with partners having the expertise. WGES 2014 is said to be held under the theme Global Partnerships, Sustainable Future and envisioned to complement the sustainable future vision of the UAE and the global efforts to combat climate change. activities. It must also encompass civil society, public agencies and the private sector in growth programs to aid in alleviating the problems. The stage has arisen for African nations to reveal their ability to be able to confront these challenges. There is also a prerequisite for national governments to engross the private sector successfully to deliver business elucidations to environmental challenges. Governments should also felicitate invention that allows the accomplishment of national environmental primacies. I believe that environmentally friendly sustainable development in Africa is almost decision making, trade-offs and the delicate balance of significances. Like any change process, it necessitates contribution and commitment from top to bottom – from government policies to individual behaviors. In addition, I have confidence in the new high-tech and social inventions that will be vital to run alternatives to help all Africans sustain their livelihoods without draining the rare natural resources available to the African continent. The importance of the Blue Economy to humankind cannot be underestimated: over 70% of our planet is covered by ocean; 90% of the world’s trade in goods is conducted by sea. They connect us all to each other. And we must harness these connections for development, not just enrichment. To achieve sustainable development for all it is important that we need to think and act together. We have been thinking separately and individually for a long time. It is time we put our narrow differences aside and work together, because only if we work together, we can survive together. H.E. Mr. James Michel President of Seychelles Dr. Farooq Abdullah Minister of New and Renewable Energy, India
  7. 7. mONDAY | FeBruARY 17, 2014 TRAVELtourism 07 It’s time to explore South Africa When you think of Africa, many words come to mind like adventure, safari, trip etc. Africa is the most beautiful and proven most visited region as far as travel and tourism is concerned. Tourism counts for a chief ingredient of the African economies. Very swiftly, Africa is becoming as a tourist destination with countries like Kenya, Tanzania, Egypt and South Africa creates waves and drawing a new era in tourism. South Africa is one of the most charming and fantastic countries in Africa and in the world. South Africa is eminent for its natural beauty, wildlife and sunshine. South Africa's vastly varied terrain supports a rich diversity of animals, birds, and plant-life and proffers an unrivaled range of experiences. South Africa is an admired tourist destination, with the main tourist attractions are the diverse and picturesque culture, the game reserves and the highly regarded local wines. Exotic combinations of landscapes, people, history and culture offer the tourist a unique and inspiring experience. South Africa's picturesque splendor, glorious outdoors, sunny climate, cultural diversity and reputation for delivering value for money have made it one of the world's fastest growing leisure – and business – travel destinations. The country is highly diverse in terms of its climate, culture, tourist activities and infrastructure, catering for every tourism niche, from business, ecoand cultural tourism through to adventure, sport and paleo-tourism. South Africa's diverse population offers a wealth of cultural attractions, unique music and delightful cuisine. Shopping, nature, beaches, extreme and outdoor sport activities, cultural and culinary tourism: South Africa has something for every type of tourist! • Cape Town Cape Peninsula • The Winelands • Garden Route • Johannesburg • Kruger National Park • Durban beachfront • Robben Island • Soweto • Blyde River Canyon Nature Reserve • Wild Coast POPULAR DESTINATIONS Government of South Africa is focusing on business tourism as an area with significant growth potential, which is why they have announced the formation of the first South African National Convention Bureau. With a list of recent awards and Government backing, the skies are bright for South Africa’s tourism industry. It is consistently finding itself at the top of awards charts. Recent accolades include 36 of the country’s beaches being given international Blue Flag status; Cape Town topping travel website TripAdvisor’s top 15 destination in its 2011 Travellers’ Choice Awards; the Traveller’s 2012 Readers Awards of prestigious travel experts Conde Nast Traveller naming South Africa’s glorious scenery as the best in the world; and winning 32 awards out of 57 categories in the 2012 World Travel Awards for Africa. South Africa also received the International Lifestyle Destination of the Year award at the NDTV Good Times Lifestyle Awards 2013. Cape Town: The Western Cape is one of South Africa’s premier tourist attractions, and for good reason. It is home to the famous Table Mountain, vast winelands, magnificent beaches, world class restaurants and cosmopolitan entertainment haunts. Situated on the south-western trip of Africa, the Western Cape is the meeting point of the cold Atlantic and the warm Indian Oceans. Cape Town is the quintessential melting pot: it is a city alive with creativity, colour, sounds and tastes. While walking through the city’s streets and meeting its people, you will fall in love with its natural exquisiteness, artistic freedom and incredible spirit. Cape Town is a city where the surprise is always just around the corner and the remarkable province of the Western Cape lies ready to be explored across the city border. Canopy Tours Get up and into the sky and catch forests like you’ve certainly not seen them earlier. Rise the world of the canopy of forests and observe the plethora of life as well as farfetched views - with an astonishing canopy tour. Canopy Tours are one of the best incredible means to see nature: ancient forests, rocky gorges mostly places that you are usually on ground level at, looking up. Here you are up in the sky watching into the heart of the forest. It's a very diverse and electrifying view. TOP 10 REASONS TO VISIT SOUTH AFRICA • Affordable • Natural Beauty • World Class Facilities • Adventure • Good Weather • Rainbow Nation • Diverse Experiences • Wildlife • Freedom Struggle • Responsible Tourism South Africans are renowned for being amongst the most cheerful, warm and entertaining sept you can anticipate encountering. The nation is jam-packed with harmony and possibility. South Africans are enormously gratified of their stunning country, offering tourists from around the world spectacular holiday experiences. South Africa is recognized as the Rainbow Nation, with 11 official languages, divergent landscapes and plentiful wildlife - this surely takes some beating. It is a destination where you can feel it all; from the unspoiled beaches along the Wild Coast to the vivacious nightlife of Cape Town; the deserts of the Kgalagadi to the lush, green forests of Tsitsikamma.
  8. 8. 08 TALKINGTECHNOLOGY MONDAY | FeBruARY 17, 2014 A Complete Solution for Food Processing in Africa Africa is blessed with immense agro resources, which includes abundance of citrus fruits, pineapple banana, tomato, coffee, cocoa, soya and milk, but ironically the available resources are not best utilized because of the slow growth of the processed food sector in Africa, resulting in the colossal wastage of the natural food and fruit resources. Africa has the potential to become a major player in the global processed food market, provided new initiative industrialization with respect to food and fruit processing grows leading to aggressive growth in the processed food segment. The need of the hour for Africa is to develop food processing segment through the aid of cost effective highly energy efficient plant and machineries which matches with the European standard but helps in lowering the cost of production. This will help Africa to have the competitive edge in the global processed food fruit processing market in terms of quality and profitability. Such projects for development of Food Fruit processing industry is offered by SSP PVT LIMITED. All the projects offered by SSP are customized and can be manufactured keeping in mind the necessity requirement of the industry. SSP PVT LIMITED is catering to the need of Africa's food processing industry since 2005 and has covered most of the African continent which includes Algeria, Libya, Nigeria, Kenya, Uganda, Ethiopia, Syria, Chad, Egypt, Tanzania, Cote de Ivory South Africa. More than 21 turnkey projects has been supplied with respect to milk processing, honey processing, fruit juice processing and salt refinery in the span of nine years. The process technology for food, fruit dairy processing is indigenously developed by SSP. SSP Pvt. Limited has its own Research Development Centre, which is recognized by DSIR, Ministry of Science Technology, Govt. of India. Its aim is to develop new technologies of international standards and process solution to industrial problems. With an initiative for creating awareness in the African market, we are going to publish project write ups in series, with respect to Fruit Processing, Tomato Paste ketchup puree, Honey Processing, Salt Processing Milk Processing. Instant Coffee Processing Plant: “SSP” offers the most energy efficient, soluble coffee processing technology and are in a position to supply upto 15TPD instant coffee production plant. Plants with smaller capacities are also available in the range of 50 kg/hr to 250 kg/hr of instant powder production. Coffee produced from SSP's plants has excellent aroma and very good instantibility. SSP offers the following Projects on Turnkey Basis: • Instant Coffee Powder Plant • Agglomerated Coffee Plant • Freeze Dried Coffee Plant. SSP's Core Competency with respect to Instant Coffee •Processing • Evaporator • Dryer • Aroma Recovery System • ontinuous Type High C Pressure Extraction System THE PROCESS:- Coffee Cleaning Blending: The first step is thorough cleaning and removal of defective beans, followed by blending of different types and size to ensure best flavor. Roasting Grinding: The second step is roasting through either batch or continuous roasters. Roasted coffee is reduced by grinding to suitable size. Extraction: The third step is extraction of ground coffee through a batch or continuous system either using a pressure vessel with hot water or an alternate approach of countercurrent column battery unit. Aroma Recovery: The extracted coffee liquor is passed through the aroma recovery plant. In the plant the volatile aroma is stripped off from the coffee before it enters the evaporator. The flavor is returned to coffee just prior to it entering the spray dryer. Concentration: The fifth step is concentration of the extract through multi-effect evaporators with TVR system. Spray Drying: The sixth step is conversion of concentrate to instant coffee powder by spray drying. Drying is done under controlled conditions to protect and preserve aroma and flavor. Fluidized bed dryer is coupled with the system. Agglomeration: Spray dried powder then converted into soluble granules in an agglomerator tower. Freeze Drying: Freeze dryer retains aroma, improves appearance and taste because freeze drying takes place at a low temperature which minimizes heat damage and retains volatile components (aroma). It also increases the shelf life of the dried product as compared to standard drying practices. Freeze drying involves dehydration of food products at low temperature and pressure. As a result only the moisture is removed, leaving the molecular structure intact. The end product is light in weight with least or no change in volume. Worldwide freeze-drying technology is considered as the ultimate amongst all other dehydration methods. Hence this technique is currently being used for the production of instant coffee. Packing Filling: The Instant Coffee Powder is taken to the filling and packing stage. For filling into tins or jars, vacuum operated filling system is used. For filling into sachets, a form fillsealing machine is used. The filled containers / flexible packings are then packed in the shipping cartons and sent for dispatch to the finished goods warehouse. SSP PVT LIMITED offers Turnkey Projects for: For Dairy Industry • Liquid Milk Processing • weetened Condensed Milk S Plant • Evaporated Milk Plant • Milk Powder Plant • Dairy Whitener Plant • Baby Food Formulation Plant • Malted Milk Plant • hey, Casein Lactose W Processing Plant For Food Processing Industry • Instant Coffee Plant • Instant Tea Plant • offee Creamer / Non Dairy C Creamer Plant • Egg Powder Plant • Honey Processing Plant • oya Milk and Soy S Powder Plant • Refined Iodized Salt Plant For Fruit Processing Industry • Multi Fruit Processing • Coconut Milk Processing Plant • Tomato Paste / Ketchup Plant • Fruit Juice Powder Plant
  9. 9. TRYSOMETHINGNEW mONDAY | FeBruARY 17, 2014 THOUGHT OF THE WEEK upcoming What is more important, your standard of living or living a life with correct standards? INDIAN CUISINE Ingredients Green Patties: Warm up your tea times with this delicious snack! Business Opportunities Show Agra 3. Frying pan Preparation Method 1. Grind soaked green lentils to a paste with salt. 2. In a pan, heat oil and put onion, cumin, Green lentils (soak in water for 30 minutes):-1 cup Capsicum (remove seeds and grated):-1 Curd:-¼ cup Spring onion (finely chopped):-3 tsp Onion (finely chopped):-¼ cup Coriander leaves (finely chopped):-¼ cup Paneer (grated):-¼ cup Olive oil:-¼ cup Oats:-¼ cup Salt:-To taste Cumin:-2 tsp capsicum and coriander leaves. Fry for a few minutes. T 3. hen mix curd, spring onion, ground green lentils and paneer in it. S 4. tir well and remove from heat. Take a small part of the green lentils mixture. R 5. oll and flatten it, then dip in oats. In a flat pan, heat olive oil and cook on both sides till golden brown. Tools Required 1. Spatula 2. Medium bowl Serving Suggestions Serve with green/tamarind chutney or tomato sauce or salad. PLAY ON WORDS Find out the African Lakes Rivers C Q F V K A R I B A T V R R E F W A E D W A R D H V I D T K  1 Apple/Day = No Doctor T U R E W M F G V T D C A V A  1 Tulsi Leaf / Day = No Cancer T D A T T A J I B A H T H A L  1 Lemon / Day = No Fat V A G N A I F V N A O O C L K M N N Y P A S I M R M R F B I E O Q G B H G O A I O I P E V A P F A A E A N K A N A T R U Z I Y L R N G W A K O K Z T T X A B E I E Y L A N G A N O U S C M U L M S I A S A Y N F R D O G B N I P S K C A M Y B K J N H H E X N O A A L A H S A E G L Q M Z D L P N D G X S N D O K B G G I R A O X G G Y A 5 Golden Health Tips  1 Cup Milk / Day = No Bone Problem  3 ltr. Water / Day = No Diseases HANDY FRENCH 1) ice to meet you! N C’est un plaisir de vous rencontrer!/ Enchanté! 2) here are you from? W D’où venez vous? 3) Congratulations! Félicitations! 4) I will be right back. Je reviens tout de suite. 5) Good luck! Bonne chance! ALBERT LAKE ORANGE CHAD LANGANO SHALA ABAYA KIVU NYASA ABIJATTA KOKA OMO CHAMO LIMPOPO TANA CONGO MWERU TANGANYIKA 09 HAWASA NILE ZAMBEZI KARIBA NUBIA EDWARD NASSER TURKANA FIANGA NIGER VICTORIA Business Opportunities Show Agra is a 1 day event being held on 18th February 2014 in Agra, India. This event showcases products like furniture services, educational opportunities garments, apparels, jewelry, car wash, salon and spas, cafes, domestic products, career services, beauty and wellness products etc. in the Business Services industry. When: 18 Feb 2014 Where: TBA, Agra, India HOTEC Asia HOTEC Asia is a four days event which is being held from 19th February to the 22nd February 2014 at the Westin Chennai Velachery in Chennai, India. This event covers Pre-scheduled face-to-face meetings, Supplier showcase, three night's accommodation, Meals, Receptions, Entertainment, Airport transfers and Unparalleled networking opportunities for the buyers which are the senior decision makers from industry. When: 19-22 Feb 2014 Where: Westin Chennai Velachery, Chennai, India PlumbexIndia PlumbexIndia is a three day event which has been launched as a non-travelling International show and we have been organizing this international expo at Mumbai in Q1 of every calendar year and we have to our credit, five successful editions, so far. When: 20-22 Feb 2014 Where: Bombay Exhibition Centre, Goregaon, Mumbai, India Progressive Punjab Agri-Tech Progressive Punjab Agri-Tech is a 3 day event being held from 20th February to the 22nd February 2014 at the Open Grounds in Mohali, India. This event showcases products like agricultural products and equipments, latest technology to the farming sectors, innovations related to the land production etc. in the Industrial Products, Agriculture Forestry industries. When: 20-22 Feb 2014 Where: Open Grounds in Mohali, India 37th Indian Handicrafts Gifts Fair Globally popular for its Artisans, Arts Crafts, Earthen Concepts and Captivating Colors, India is a fast-growing economy of the world. The fair is the largest vendor-base in the globe, brings you India's most prominent honored trade show for Handicrafts Gifts, known as Indian Handicrafts Gifts Fair (IHGF). The IHGF is enthusiastically visited by numerous buyers from across the world. When: 17-20 Feb 2014 Where: India Expo Centre and Mart, Greater Noida, India Picture of the Week CII Karnataka IT Conclave 2014  The Labyrinth in the Egyptian city of Hawara with its massive layout, multiple courtyards, chambers and halls, was the very largest building in antiquity. Boasting three thousand rooms, 1,500 of them were above ground and the other 1,500 were underground. H.E. Mr. Danny Faure, Vice President of Seychelles in an exclusive interview with Kanchi Batra, Sub-Editor, Indo Africa Times FLAG Name Capital Currency Official language Equatorial Guinea Malabo Central African CFA franc Spanish, French, Portuguese Eritrea Asmara Eritrean nakfa Tigrinya, Arabic, English Ethiopia Addis Ababa Ethiopian birr Amharic Gabon Libreville Central African CFA franc French The Theme for the one day Conclave is: IT as a Driver for Innovation. The Conclave will be followed by a Golf Clinic at KGA for the delegates attending the Conclave. CII IT Panel is releasing a report on ''Data Driven Decision-Making” during the inaugural session and some excerpts from the report will be presented with the participants. When: February 19, 2014 Where: Hotel Royal Orchid and KGA, Bangalore
  10. 10. 10 THEFASHIONISTAS MONDAY | FeBruARY 17, 2014 Ready to pick up short Hairstyles? Short hairstyles for black women really get your supreme facial features right into attention, augmenting your eyes, sketching attention to your cheek bones and promptly giving you an edge, fashion-forward presence that’s tough to reverse. Optimistically this piece will comfort you with your makeover so that you’ll look younger, healthier and happier. A lot of women do not want to switch their hair even after having the identical haircut for quite a few years. Even though being secure doesn’t always mean unsound, you might think again shifting your hairstyle into somewhat more contemporary and up to date. Black women are very well recognized for being the tastemakers. You need to have the selfconfidence to shake a puck short hairstyle, so if you think you’ve attained what it takes check out some of the wildest, most popular and coolest short hairstyles for black women from several of the market’s leading salon. Short styles are starting with healthy and soft hair as their construction. Soft BLACK American designers DRESS A tribute to African L aQuan Smith has combated cancer, dressed superstars like Lady Gaga It’s no secret that there is a pocket full of creativity when it comes to Africa. From Pratt’s inspirational campus in the Clinton Hill section of Brooklyn, the Fashion Department extends students a concept-led, craftbased education at the heart of one of the world's cultural epicenters. Pratt Institute has set in LaQuan-The Budding Star motion a flashy new exhibit called Black Dress which pays tribute to African American fashion designers. When Rihanna famously walked her scarf out in a gold cat suit for her Rude Boy music video, you may be amazed to know that it was twisted by an up and coming designer from Queens, who is fast becoming a national sensation. His name is LaQuan Smith and he has a furor following. forms are settled by unravelling straight lines with curls and surges. Even less edgy borders are made in this super gorgeous style that is so on fad. Not every short hairstyle for black women is made alike. Although some short haircuts look endearing, others can make you look aged and out of style. Selecting a brand-new and fashionable short hairstyle for black women can support you to get a new look at all times, so you can continuously entice attention through your style. The outstanding hairstyle is the haircut which not only suits the face form, but also the hair type, originally and facial purposes as well. LaQuan Smith is an AfricanAmerican fashion designer who founded and is the CEO of the women's clothing brand LaQuan Smith, LLC. Smith is based in Queens, New York. LaQuan Smith has combated cancer, outfitted superstars like Lady Gaga and Beyonce, and has shown at New York Fashion Week. Smith is one of the ten modern New York City centered designers presented in an exhibit at Pratt Manhattan Gallery in Chelsea called Black Dress which pays tribute to African American designers. Born and raised in St. Albans, Smith has no proper training, no monetary backers and his grandmother taught him how to stitch. But at age 26, he has Vogue Magazine and a long list of celebrity clients singing his praises for what he calls a hip hop Parisian style that Rihanna put on the fashionista map. This is the catsuit that she wore but in the 3D version, and the gold version. So we remixed and did it in a dress, says Smith. Since he can't get the big business backers in his box this red hot will be at no show at New York Fashion Week. Professor Adrienne Jones says it's a main aim why she dreamed up the exhibit. This is not the time for us right now. We come and go but the money isn't always there so we have to try different venues to get out, says Jones. Nigeria ready to shine African Fashion Week Nigeria (AFWN) With an endeavor to provide a shining and illustrious platform dedicated uniquely to African motivated fashion, Nigeria is now wearing the crown to organize the African Fashion Week Nigeria (AFWN) for the first time in the history. The two-day flagship event featuring the true definition and impression of fashion from an African point of view is scheduled to be held from 17th-18th May 2014 at Intercontinental Hotel, Victoria Island, Lagos. Presenting an equal and excellent opportunity to leading fashion designers along with emerging designers, African Fashion Week Nigeria will limelight their talent and passion for fashion. Designers and exhibitors willing to participate are required to log on to their website, www.africafashionweeknigeria. com to download the application form for their enterance into this mega event. The show exhibiting designers from different corners of Africa will present an excellent opportunity to highlight their brand, to enhance their networks in the fashion industry and will provide a gateway to new designers to make their way to the domestic as well as international market. The participants will majorly include fashion designers, fabric manufacturers and printers, jewelers, photographers, makeup artists, models, media houses, buyers, and press. African Fashion week was initially started in London in the year 2011 by Ronke Ademiluyi, CEO and it gave an opportunity to over 100 UK and non UK designers to showcase their collections and their great passion for fashion through this platform. 
  11. 11. SPORTS2WATCH mONDAY | FeBruARY 17, 2014 11 Royal Challengers Bangalore Broke their Bank to get the TIGER at 14 crore Today, Yuvraj Singh becomes most expensive signing at IPL 7 auction as Royal Challengers Bangalore buys him for Rs 14cr. He turned to be a great hit or we can say, the fact that IPL auctioneer Richard Madley missed Kolkata’s bid got Yuvi sold for a handsome amount. On the same vein RCB owner Vijay Mallya having the last laugh asserted, “We are very, very happy to have Yuvraj. We have to keep on bidding because our captain was very keen on him. That extra Rs.14crore was a bit unfortunate, but the auctioneer has the sole discretion. Everybody saw him look around the room before the hammer fell but he chose to continue. So life goes on.” Hopefully, after continuous breakdown this auction will boost this handsome with his far-leftbehind flamboyant, true Punjabi characteristics and prove to be a miracle in his career allowing him to start from the scratch. Erstwhile, this player had this continuous share of predicaments from being dropped, rested, ignorned or had to sit out due to injury concerns. He has come out with flying colors proving his victory to the world. Sonangol celebrating 38th Anniversary Sonangol, the Angolan National Oil Company is in spirit to have a classy celebration on the occasion of its 38th anniversary. The ‘Athletics Competition’ will hold on 22 February, 2014. As on February 25, the anniversary of the company will take place. Sonangol, in a press release announced that veteran and disabled athletes, workers of the referred company National Sports Week ended with a bang and the public in general will participate in the competition. The 15 kilometers long athletic competition will take place in Talatona ward and culminate at the headquarters of Sonangol E.P in Luanda's downtown. Sonangol also informed that the registration for the referred competition is opened at the Angola Athletics Federation (FAA) at Luanda's Cidadela pavilion. The National Sports Week that was held on February 2, 2014 concluded on a happy note with a spirit of enthusiasm and motivation for future. The successful event witnessed the profound presence of ministers, heads of the Sports Commission, National Associations and representatives of the PFDJ at the closing ceremony. Mr. Mehari Mengisteab, Chairman of the organizing committee, stated on the occasion that the event positions the groundwork for students to determine utmost competency concerning various sports areas, and that such an ambience could be ensured on the basis of research as well as constant efforts. He also asserted that the quality of the event confirms to the fact that sports development and infrastructure relies on the country's investment in the youth, and entitled on all directorial regions to utilize innovative endeavors to this end. On the same strain, Ms. Halima Mohammed, Head of the Education Ministry's branch in the Central region, noted that sports constitute fragment of the daily abstract events, and that such talent could be exhibited on the part of students, thanks to such schoolbased theoretical and practical lessons. On being asked about the event worth, Ms. Gebriela Gebrehana, a teacher, and Mr. Amanuel Matewos enlightened that the event's positive side pertains to the representativeness of the participants and its input in regard to encouragement of sports culture and ethics. They further articulated contentment with the big number of female participation witnessed. The event concluded with the distribution of awards to those who achieved higher outcomes. The Soninkara Super Cup Champions Gambia has got new champions in town, recently Demba Kunda defeated Julangaine by a goal to zilch in the Super Cup finals of the Soninkara Youths Football Tournament. Tamba Sabally marked the charisma by scoring  The “Prince Charming” of Indian Cricket team can truly be defined as an important pillar of Indian batting. Yuvraj Singh Bhandal is an esteemed part of the team since the year 2000 and has made his strong presence felt at regular intervals. Be it the Cricket World Cup of 2011 when he was honoured with the name of the Man of the Tournament or being the first batsman to hit six sixes in an over in Twenty20 internationals and the fourth in senior cricket. Yuvi, as he is called by his teammates, is an all-rounder cricketer while his bowling style reflects the orthodox pattern of the slow left arm bowlers. The Punjabi Tiger of cricket was born on December 12, 1981 and made his international debut for India against New Zealand in the year 2003. If described insanely, this lefthanded batsman is the face of Indian youth who always weaponize his anger to amalgamate with his hunger for victory in a match. The dark phase came for the ostentatious sportsman of India when he was diagnosed and cancer but, the Punjabi boy fought, survived and came back with a bang to international cricket. Demba Kunda Khasseh FC the only goal of the game played at the Serrekunda East Mini Stadium for Demba Kunda in 26th minute of the game and secured the team as champions. Ensuing the victory, Demba Kunda proudly took home a trophy and a cash prize of D3, 000 while runners-up Julangaine got to be happy with a consolation prize of D2,000. The finale of the tournament ended on a happy note for sports personalities; Assan Kujabi, Modou Sowe and George Gomez, after being awarded with certificates for their involvement in sports by the Soninkara Youth Development Organization (SYDO). Also, a local foreign bureau, Sisawo Money Transfer also donated D5, 000 to SYDO in the finale. After the finale the victorious head coach of Demba Kunda, Hagi Kusa Touray, stated that on account of taking charge as head coach he has never allowed his team to beat his side twice, accumulating that he was beaten by his opponents erstwhile to the final, which is why they prepared for revenge in the Super Cup. Meanwhile, Muhammed Trerra, head coach of Julangaine, asserted that his side was wretched during the final because they played sound.
  12. 12. 12 ENCOUNTER WITH EDITOR MONDAY | FeBruARY 17, 2014 Considerable foreign support has helped Gabon to be one of the prosperous and stable African countries. In an exclusive interview with H.E. Mr. Desire Koumba, Ambassador of the Republic of Gabon to India shared with Kanchi Batra, Sub-Editor, INDO AFRICA TIMES an overview of the country having abundant natural resources and his vision to enhance the booming relationship between Gabon and India. Gabon is one of Africa’s most prosperous countries Excellency, please comment on the booming relationship between Gabon and India. The bilateral relations between India and Gabon are very cordial at the moment. The Embassy of Gabon was established in India in the year 2008 to show the will of the Republic of Gabon to intensify the relationship with India. We have had a lot of interactions with the Indian public and private sector and today I am happy to tell you that there are a good number of Indian businessmen going to Gabon either to open some businesses or to settle down. For your information, as part of the diversification of our economy, the government of Gabon has opened a Special Economic Zone aimed at giving a value addition to our raw materials. Accordingly, we are inviting Indian companies to take advantage of the S E Z which offers them very attractive terms. Gabon is among the first 15 African countries to have implemented the P an African e- network projects like Tele-education, Tele- medicine etc. What further developments have you made in this sector? Gabon is one of those countries who immediately participated in this project when it was inaugurated in 2009. I do remember, H.E. Mr. Pranab Mukherjee, P resident of India, during his tenure as the Foreign Minister interacted with the African counterparts and among them was the Gabonese Minister also as they talked of the ways and means to develop this project. We have been trying to take advantage of this asset in tele- education and tele- medicine. Omar Bongo University in Gabon has signed an agreement with Amity University in India. Also we have gone into a very heavy project of modernizing our hospitals in order to equip these hospitals with stateof-the-art technologies. How attractive is the tourism sector of Gabon for the Indian investors? Gabon is a resource-rich country and the sixth largest oil producer in SubSaharan Africa. It is well endowed with arable land, forest, and mineral resources. It has extraordinary biodiversity, as well as rich deposits of manganese and iron ore. Gabon has a lot of possibilities that it is offering to the prospective Indian investors. We have natural landscape, flora and fauna which are coupled with the fact that we are one of these rare African countries who are set to develop ecotourism. We have devoted 11% of our national territory to the creation of 13 natural parks. Industrialization of Gabon’ is one of the main objectives of the Gabonese P resident. What are your views on the same? Since taking office in October 2009, His Excellency Ali BONGO ONDIMBA, the P resident of Gabon has been carrying out vast economic reforms meant to transform our country into an emerging economy by 2025, based on the following three pillars:  H.E. Mr. Desire Koumba Ambassador, Embassy of the Republic of Gabon, New Delhi » abon Vert (green Gabon), to G sustainably develop the country’s natural resources; » abon Industriel (industrial Gabon), to G process locally our minerals and export high value added products; » abon des Services (service orientated G Gabon), to develop the Gabonese workforce and infrastructures. Gabon is committed to diversify its economy to become an emerging economic power by 2050 via its sustainable development strategy referred to as Gabon Emergent. Kindly shed some light on this programme? Under the “Emerging Gabon” strategy launched by the Gabonese Government under the leadership of incumbent President, H.E. Mr. Ali BONGO OND IMBA, the idea is to transform Gabon into an economic power by 2025. Consequently, since coming to power in 2009, he has been implementing reforms with a view to enhancing the business climate to attract investment. 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