Volume 1 issue 14


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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 14

  1. 1. www.indoafricatimes.com MONDAY | APRIL 14, 2014 Title Code: DELENG18579 • VOL. 1 • NO. 14 • Page 12 • Price `10 pg 10 pg 04 pg 08 pg 02 Continued to page 03 Cape Town as a symbol of 20 years of Freedom The Best of Tata on Ghanaian Roads Supreme Styling to Express and Impress Ghana D on't be surprised if you see two dynamic models of Tata Motors i.e. Tata Manza and Tata Aria on the Ghanaian roads as Tata has recently launched these two passenger vehicles in Ghana to enhance their charisma in the market. Tata has bring together the Tata Manza, a spacious and lavish sedan and the Tata Aria, a 7-seater SUV with a purring 4×4 capability in the market. Tata Motors arrived in Ghana in 2004 and since then has been a brilliant performer in the Ghana auto industry with an on-road presence of over 7,000 passenger and commercial vehicles. Modern Auto Services (MAS) was also formally appointed as its supplier in Ghana for both the passenger and commercial vehicles. Furnished with a comprehensive array of after sales service products, MAS service centres are located in Accra, Kumasi, Takoradi and Tamale. The company is fabled for propagating the usage of Daewoo vehicles in Ghana during its maiden years in business and presently holds the franchise for SsangYong and Foton vehicles. The Managing Director, Tata Africa, Mr. Thami Mbele on launching the vehicles at an event held at the plush Labadi beach Hotel in Accra said, “The new passenger vehicles from Tata Motors is yet another step towards consolidating Tata Ghana’s commitment to aspiring customers. With our wide network and service support from our new partners, Modern Auto Services, we are confident that our customers will continue to have a smooth ride.” Mr. Nouhad Kalmoni, CEO, Modern Auto Services (MAS), labelled the affair as a historical moment for Modern Auto Services as firstly, it scripts the addition of a big brand like Tata THE GAMBIA: The Smiling Coast of Africa Get Uninter- rupted Power Solutions Chelsea: The return of Eto’o to Inter becomes clearer pg 11 Pokello and Elikem: Ambassadors for AFW Nigeria
  2. 2. Wassupafrica02 T he Seychelles Tourism Board released the programme for this year’s Carnaval de Carnivals, the Carnival International de Victoria, which will take place in three weeks’ time. The fourth edition of the festival, which has become a global hit among carnival aficionados from the moment it was launched in 2011, will this year open at the Stad Popiler, not as before the Clock Tower square in the heart of Victoria, and promises a spectacle of impressions from the participating carnival troupes, blending colors, dance and song into one mighty curtain raiser that night. To reflect the multinational presence have the organizers this year ensured that all the three official languages of the country will be reflected in the official Two decades ago South African’s were free to cast their vote for the first time. The 27th of April 1994 was a momentous moment in a hard-won journey to equal rights for all South Africans and marked the birth of our new democracy. Such a significant moment, in fact, that many have chosen to celebrate freedom throughout the month of April and we encourage locals and visitors alike to use this opportunity to reflect, celebrate and commemorate this time in the Mother City Cape Town as a symbol of Freedom, says Cape Town Tourism Executive for Marketing, Velma Corcoran; “Cape Town has always been important in the struggle for freedom. Take a walk past the City Hall The Zimbabwe government has secured 50 million US- Dollars from India to be invested in the Zimbabwe Travel and Tourism industry. The Zimbabwe tourism ministry now ordered 670 vehicles worth around $50 million from Ashok Leyland of India to be delivered in the 2014/15 financial year, the company said in an announcement to the Bombay Stock Exchange (BSE). “Ashok Leyland Ltd has informed BSE that the Company The agenda is now out for the upcoming 2nd edition of the Hotel Summit East Africa, which will be held at the Kenyatta International Convention Centre in Nairobi from May 15 to 16 inclusive. The event, like last year, will run concurrently with the Kenya Hospitality Trade Fair, which is taking place at the same venue from May 14 to 16. The organizers of the exhibition and symposium, Slujan Events, have overnight released 2014 Carnival program introduces exciting changes India to Zimbabwe: Here is 50 million dollars to invest in travel and tourism Hotel Summit East Africa 2014 firming up for May meeting opening of the carnival with three MC’s making their announcements in Creole, English and French. South Africa, one of the official partner countries in the event, has chosen television presenter Angelique Gerber. Marie Payet from Ile de la Reunion, who was crowned Miss France in 2011, will be representing the French language and hugely popular home girl Michelle Marengo from Seychelles will this year engage the spectators in her native Creole language. After the opening ceremony in the main stadium will the participants showcase their musical repertoire when they will take to the stage. The official opening of the Carnaval International de Victoria promises to be an amazing and memorable cocktail of music and rhythms to enjoy! Cape Town as a symbol of 20 years of Freedom the agenda for the Hotel Summit, which is again expected to bring over 200 participants from across the region to Nairobi, where they can interact with colleagues from neighboring countries but also see what latest products and innovations hotel suppliers can offer to improve their respective hotels, resorts and lodges and provide better services. Both events are co-organized with the East African Chamber of Commerce and are supported by has bagged a contract from the Ministry of Tourism and Hospitality Industry, Government of Zimbabwe for supply of 670 vehicles valued at approximately $50 million,” said the company in the announcement. Leyland manufactures buses, trucks, light vehicles and defence vehicles. Zimbabwe Tourism Minister Walter Mzembi declined to comment, but has a high level delegation to India. Eturbo News the East African Business Council. Kenya’s economy has revealed an escalating expansion in the last few years. It is being tagged as Eastern and Central Africa’s hub for Financial, Communication and Transportation services. Establishmentofexportprocessing truly resulted in an enhanced trade. By Prof. Dr. Wolfgang H. Thome, ETN Africa Correspondent Among them is Grammy Award winner Lisa Harley and the Zydekats, who will be on tour in the Seychelles as part of the Carnival festival, bringing the American version of Creole music from Louisiana to the tropics. Fellow American Michael Quinn and the Bourbon Kings will add the country music flavor as they return to the archipelago for a da capo performance following their hugely successful first appearance two years ago. For the main parade on Saturday afternoon the more than 20 floats will follow by and large the proven route of past years, with the VIP dais outside the Ministry of Tourism and Culture, opposite the iconic Kenwyn House, before the juggernaut makes its way towards the Clock Tower and down Fifth Avenue, all no doubt lined by enthusiastic Seychellois and foreign tourists who, besides having a holiday of a lifetime can also enjoy the eye candy of costumes from Sao Paulo to Notting Hill and from Duesseldorf to Seoul. New for this year is the children’s festival on Sunday at Freedom Square, where they can pose and parade themselves in costumes of their own making while in the evening a grand costume ball on Eden Island will conclude the 2014 version of the Carnival International de Victoria. Time to pack those bags and join the ‘Carnivalistas’ for the one Carnival Festival which brings the world of Carnivals together like no other. Seychelles, truly Another World. Eturbo News and stop under the balcony to reflect on the words of Madiba’s post release speech; pay a visit to the District Six Museum followed by a stroll through the vibrant Fringe District or head to Langa to spend some time in the Pass Museum understanding what life was like for so many South Africans. It is also a city that is still wrestling with the legacy of apartheid, particularly in the stubborn existence of both a socio- economic and spatial divide. With Mandela Day on the 18th of July this year, thousands will be combining efforts to take action and inspire change, with visitors also having the opportunity to be part of this day of service. South African Tourism’s recently launched “Madiba’s Journey” is an interactive map where you can literally follow the footsteps of this extraordinary man around the country. In Cape Town many street names honour the memory of notable struggle icons, whilst township tours are a great way to see and experience the Mother City during Freedom Month - via coach, bicycle or on a walking tour. eturbonews The Iconic Figure: Nelson Mandela  Zimbabwe Tourism Minister Walter Mzembi  MONDAY | APRIL 14, 2014
  3. 3. Wassupafrica 03 Senegal is satisfied with the volume of the AfDB project portfolio but appeals for faster audits FROM PAGE 01 H eading for Kigali and the 20th Kwibuka, the official commemoration of the April 1994 genocide in Rwanda, the President of the African Development Bank, Donald Kaberuka said. “The African Development Bank stands with Rwanda in the country’s continued pledge to ‘remember, unite and renew’ as it commemorates the 20th anniversary of the genocide of the Tutsi people in April 1994. “Rwanda and her people cannot erase the pains of the past, but the country is the living proof of transformative power and energy. For 20 years, Rwandans have overcome many challenges: the African Development Bank has been and remains its valued partner.” afdb Remember, Unite and Renew’: The African Development Bank stands with Rwanda The overall situation of the portfolio of projects initiated by the African Development Bank (AfDB) Group in Senegal has greatly improved, the nation’s Minister of Economy and Finance, Amadou Bâ, announced on March 12, 2014 in Dakar. But he believed that “efforts are still needed, especially in terms of audits.” Chairing the opening of the 10th joint annual review of the cooperation program between the AfDB and Senegal, along with the official launch of the 2013 Development Effectiveness Review for Senegal, Amadou Bâ explained that “the continued improvement in the performance of the AfDB project portfolio is an ongoing concern for the Senegalese government.” The ultimate goal is for the Senegalese country allocation to be raised appropriately, he explained. This ambition, however, risks being hampered by “long delays in conducting audits, which are very oftenthereasonforthesuspension of financing payments.” Bâ therefore appealed for a concerted effort among actors in the project audit chain in order to put forward suitable solutions. He reasserted Senegal’s determination “to increase positive cooperation” with the AfDB. This cooperation began in 1972 and over four decades has developed considerably in terms of both financing and the number of projects carried out. This cooperation has so far made it possible to transfer 913 billion CFA francs to finance about 60 projects in priority sectors such as health, education, transport infrastructure, and rural development. On February 28, 2014, the AfDB’s Senegal portfolio of public and private payments reached 374.2 million Units of Account, or nearly 274.8 billion CFA francs. Bâ welcomed the participation of the AfDB Group at the Consultative Group meeting in Paris (February 24 and 25, 2014). This meeting involved Senegal’s main financial banks, and the AfDB Group stood out by announcing 400 million CFA francs worth of funding to contribute to the implementation of the Plan Sénégal Emergent (PSE –Senegal Emergence Plan). The Senegalese Government aims to use the PSE to lead the country toward emergence by 2035, with an annual growth rate of 7 per cent from 2017. The AfDB’s Resident Representative to Senegal, Mamadou Lamine N’Dongo, also welcomed the “excellent” results achieved by Senegal during the Paris meeting. He gave his assurance that the AfDB would continue to provide extensive support to Senegal. According to N’Dongo, this desire stems from the priorities of the Senegalese authorities in the PSE and the orientations of the Bank Group’s Long Term Strategy (2013-2022). “The main challenge now is to stay on course and relentlessly pursue the progress accomplished in the management of our operations,” announced N’Dongo. Twomajoractionsareessential forthis,henoted.Theserelatetothe systematization of performance contracts for all projects, as well as the systematization of the implementation of an efficient follow-up and evaluation mechanism during projects. N’Dongo also highlighted the coinciding of the joint annual review of the cooperation program between the AfDB and Senegal, and the official launch of the 2013 Development Effectiveness Review for Senegal. The Development Effectiveness Review, the first of its kind on Senegal, describes how AfDB activities have contributed to results in the country in terms of development for five years. The 54-page document was presented to a large audience that had come to hear the discussions chaired by Richard Schiere, Chief Results Officer in the AfDB’s Quality Assurance and Results Department. Schiere concentrated above all on the results achieved in Senegal in terms of development, especially in facilitating investment in the private sector. In his presentation, Schiere revealed that Senegal is at the top in terms of developing public-private partnerships in the infrastructure sector. Public- private partnerships have created new financing opportunities for structural transformation needs in Senegal, the report stated. As the second publication of its kind focusing on a country and edited by the AfDB’s Quality Assurance and Results Department, the 2013 Development Effectiveness Review for Senegal shows how the AfDB has contributed to structural transformation and inclusive growth in the country. In 2012, Rwanda was the focus of the first country-specific review. The 2013 Development Effectiveness Review for Senegal describes several of the AfDB’s innovative actions in the country. It presents the outcome of the Results Measurement Framework, which contains 71 indicators divided into four sections, each corresponding to a chapter in the document. The first chapter describes some of the difficulties faced in Senegal in terms of development and progress made over the last few years to resolve those issues. The second chapter presents the AfDB portfolio for Senegal and the accumulated results of operations in the past five years. The third chapter studies the state of the AfDB country portfolio, and the fourth considers the Bank’s ability to manage its own operations in Senegal. afdb Motors, to our current portfolio Secondly, it reveals our continuous commitment to please the quest of the Ghana market for pertinent and ground-breaking products. Mr. Johnny Oommen, Head, International Business – Passenger Vehicles, Tata Motors, in his address said “Ghana is one of the key markets for Tata Motors in Africa. We have embarked on a journey with a commitment to excite our customers globally and we look forward to unfold our strategy in Ghana for a deeper presence in this market across several product segments. We are delighted to further expand our presence in this exciting market with the Tata Manza Sedan and the exciting SUV, Tata Aria. Going forward we plan to augment our offerings by including other products in our portfolio on a regular basis. We are very confident with Modern Auto Services and we believe that their extensive network along with our global expertise will bring into the Africa market a range of exciting Tata passenger vehicles.” According to him, the new Tata Aria 4×4 let loose raw power on road - and astonishes clients with its smooth handling. The Aria is driven by a proven and frugal Tata 2.2L Turbocharged, Intercooled Dicor diesel engine. It comes with numerous safety features like Driver Air Bag, Passenger Air Bag, Antilock Braking system with EBD (Electronic Brake Force Distribution) and plentiful convenience features like a fully flat rear seat for extra luggage space, sliding middle seating row, air cooled glove box, reverse parkingsensor, steering wheel mounted audio control system, power windows, electrically operated mirrors and for better ride and aesthetics’ 17 inches alloy wheels. Powered by 1.4L Safire petrol engine, generating 90PS of power, the Tata Manza is a spacious sedan and comes with a Driver Air bag, PassengerAirBag,AntilockBraking system with EBD (Electronic Brake Force Distribution) and a host of convenience features like all contemporary infotainment called Bluetooth 5 capable of pairing 5 smart phones for hands-free mobile calls during driving. Other characteristics embrace steering mounted control systems, engine immobilizer as an anti-theft feature, front and rear fog lamp, height adjustable driver seat, power windows and electrically adjustable rear view mirror including the huge luggage space of 450 L. Mamadou Lamine N’Dongo, AfDB’s Resident Representative to Senegal  Top officials of MAS showing a client features of the newly launched Tata Aria  mONDAY | APRIL 14, 2014
  4. 4. W est Africa’s ‘Smiling Coast’ is the gateway to the continent’s smallest country. The Gambian people are known for their friendliness and hospitality. The main appeal of The Gambia is its weather, wonderful beaches and the friendly people that live there. It is unique as a destination of peace, with a rich cultural diversity of beautiful and friendly people. The fact that the country remains unspoilt and uncommercialized CountryoftheWeek04 Advertiser's Index Modern Agro Engineering Works .................................................. Page 02 Chadha Power ............................................................................... Page 02 SSP Pvt. Ltd ................................................................................... Page 03 NewTech Engineers ....................................................................... Page 04 Linc Pens ....................................................................................... Page 05 Jet Airways...................................................................................... Page 07 The Times of Africa ........................................................................ Page 07 MKU ............................................................................................... Page 08 Mill India Ltd. .................................................................................. Page 10 Prakash Amusement ...................................................................... Page 10 Laxmi Publications (P) Ltd.............................................................. Page 11 Paranthaman ................................................................................. Page 11 Radeecal Communications ........................................................... Page 12 Indian Spinal Injuries Centre ......................................................... Page 12 THE GAMBIAThe Smiling Coast of Africa must stop. The Gambia River itself is one of Africa’s major rivers. It stretches 1,130 km (700 miles) from northwestern Guinea all the way to the Atlantic Ocean at the city of Banjul. It is navigable for about half of that length. With its glorious low-key beaches, bustling towns that combine colonial architecture and traditional activities and wealth of wildlife, The Gambia is the most approachable of all West African countries. The Gambia comprises a varied landscape, featuring sandy beaches, lush tropical forests, swamps, marshes and large areas of wooded savannah. Then there are Gambia’s parks, reserves and riverbanks including Kiang West National Park and River Gambia National Park, where you’ll see all kinds of wildlife, amongst them monkeys, crocodiles, a small population of hippos and over 500 bird species. The Big Catch The river, which meanders with The Gambia from the west on the Atlantic into the east, cutting the country into two halves, carries with it a rich variety of fish, as does the vast ocean of the Atlantic which surrounds the capital city Banjul. The Gambia is renowned for its sport fishing, and both experts and amateurs can enjoy the chances of catching the ‘Big One’, on either the silky river or the salty waters of the Atlantic. The Gambia Vision 2020 Vision 2020 seeks to transform The Gambia into a dynamic middle income country, socially, economically and scientifically over a 25 year period. It therefore sets out the broad outline of policies to facilitate the realization of this objective. Six major activity areas like Agriculture, Industry, Trade, Tourism, Financial Services and Human Resource Development call for special attention in order to attain the given level of economic development. A clear strategy was made that aims at raising the standard of living of The Gambia population by transforming The Gambia into dynamic middle-income country. This is fundamental objective of “The Gambia Incorporated……. Vision 2020”. sheep, goats, and chickens are important for subsistence farming. Since independence, the manufacture of consumer goods has grown. Still agriculture remains dominate employing 80% of the population. The major industries are the processing of peanut, fish, hides, beverages and wood, metalworking,thetextilesindustry, as well as agricultural machines assembly and tourism. The Tourism sector continues to play a significant role in The Gambia’s economic development process. This sector provides employment opportunities as well as enhances foreign exchange earnings for the country. Investment opportunities are available in sea and air transport services which link The Gambia and the sub-region to promote trade as well as allow supply sources of raw material inputs for the services industry. Also investment in the river transportation industry which links, Banjul and the up-country areas will ease the flow of goods and persons to the urban towns and cities. Destination Gambia The Gambia punches way above its weight in terms of attractions. Every year, thousands of international visitors travel to The Gambia, mostly because of its idyllic beaches along the Atlantic Ocean, consistent sunshine and wildlife. Speaking of wildlife, The Gambia has six national parks and reserves, covering nearly 4% of the national land area, plus several forest parks. The island city, and capital city of Banjul is a only adds to her charm and makes The Gambia an ideal holiday destination. The Gambia offers a wealth of opportunities and possibilities. Banjul is the capital of The Gambia and the smallest capital in Africa. The Gambia is a member of the African Union (AU), African Economic Community (AEC) and the Economic Community of the West African States (ECOWAS). On 18 February 1965, The Gambia was granted independence from the United Kingdom and joined The Commonwealth. An agriculturally fertile country, its economy is dominated by farming, fishing, and tourism. Economic Potential The Gambia has a market based economy accompanied by traditional agriculture. About three-quarters of the population depend on the agricultural sector for its livelihood and the sector provides for about one- third of GDP. The Gambia’s natural beauty and proximity to Europe has made it one of the larger markets for tourism in West Africa, boosted by government and private sector investments in eco-tourism and upscale facilities. About 80% of the population depends on crops and livestock. Small scale manufacturing activity includes the processing of groundnuts, fish, and animal hides. Groundnuts, also called as Peanuts, are the main export crop. The sale of peanuts and peanut products accounts for approximately one third of the annual income from exports. The cultivation of rice and millet, and the raising of cattle, GAMBIA AT A GLANCE Official Name The Republic of the Gambia Head of State H.E. Mr. Yahya Jammeh Capital Banjul Area 11,300 km² Population 1.791 million (2012 est.) GDP (Purchasing Power Parity) $3.459 billion (2012 est.) GDP - Per Capita (PPP) $1,900 (2012 est.) GDP - Real Growth Rate 3.9% (2012 est.) Annual Inflation Rate +5.6% Exports (Billion) 1147.33 million GMD (2013 est.) Exports - Commodities Peanuts and peanut products, fish, cotton lint, palm kernels. Imports (Billion) 2306.40 million GMD (2013 est.) Imports - Commodities Foodstuffs, manufactures, fuel, machinery and transport equipment. Agriculture - Products Products: peanuts, pearl millet, sorghum, rice, maize, cassava (tapioca), palm kernels; cattle, sheep, goats Industries Groundnut processing, building and repair of river craft, village handicrafts, and clothing manufacture MONDAY | APRIL 14, 2014
  5. 5. BusinessBuzz 05 Ghana once again affirmed its supremacy in technology as a local company outshined a number of well-known and respected global brands to annex the coveted Best Technology Initiative Award in Africa for the year 2013. It was all joy in the South African city of Sandton at the 2014 Card & ePayment Africa Awards, an annual event to recognise and reward excellence and cutting– edge innovation in the card and electronic payment market in Africa as a definitive platform to celebrate unparalleled excellence and outstanding achievements in the industry across Africa. It was attended by an array of dignitaries representing renowned brands and technology driven blue chip businesses across the continent and beyond. The awards ceremony was organised by the Card & e-payment Africa Awards Secretariat in South Africa. Africa’s telecoms giant Millicom recently announced the inauguration of a tech incubator in Rwanda’s capital city, Kigali. The aim behind establishment of tech incubator is to develop new digital solutions for Rwanda. The company anticipates to select “a small number of high potential entrepreneurs” from the incubator. Not to mention, Millicom named the incubator “Think” as in a procedure to be handled by the company’s African subsidiary, Tigo. This act of Millicom can prove to be a boon for Rwandans as the highflyers who make it through the selection procedure will be given access to Tigo technical The Executive of Mining, Energy and Infrastructure Finance at Stanbic Bank Ghana, Ms Celiwe Ntuli has reiterated the Banks support for the extractive industry in the face of global challenges facing the sector. Gold prices on the world market have been on the decline leading to a slowdown in mining activities and staff layoffs among other challenges globally. Speaking at the Electra Mining West Africa conference, Ms. Ntuli, said the mining sector would for a long time remain a key foreign exchange earner for the country and that the challenges facing the sector in recent times can best be described as temporary. She said Standard Bank Group, parent company of Stanbic Bank Ghana, remains the continents largest supporter of mining and the sustainable exploitation of the continents natural resources and this support will be sustained irrespective of the challenges facing the extractive industry. Ms. Ntuli said the Bank over the years had consistently supported the mining sector and noted that the most important objective of the bank is to be able to confront the challenges faced by clients in the sector. More regional interactions and collaborations are important across borders. One of the biggest value additions is to be able to solve energy problems, rail transportation, shipping of commodities, logistics, and finding solutions to problems facing the mining sector to help the industry grow, she added. She indicated that Stanbic Bank Ghana and the Standard Bank Group have a deep specialization in natural resources financing, listing Mining and Metals, Oil and Gas, Power and Infrastructure, and Renewables as core areas of concentration. The Banks aim is to raise capabilities in structuring and executing transactions in their regions of focus, and West Africa is a growth region for the Bank. We are Africas leading Bank in terms of assets and a great partner in natural resources finance, in particular. We have the right personnel who understand the processes and principles required to adequately manage the sector, she said. Ghana's mining industry accounts for 5 per cent of the country's GDP, and minerals make up 37 per cent of total exports, of which gold contributes over 90 per cent of the total mineral exports. This makes financing a key instrument in the generation of feasible revenue in the mining sector. Electra Mining West Africa 2014 conference offered a platform for industry players to promote investment and knowledge sharing for the enrichment of West Africas mining sector. It also sought to deepen partnerships for sustainable development of mineral and energy resources in the region. Delegates included financiers, investors, mining professionals and West African government delegations vested in developing business interest, promoting new mining exploration opportunities and repositioning Ghana as an attractive gateway for investment in West Africa. The content focused on the potential opportunities, lessons learned and the creation of new business partnerships to facilitate and strengthen the economic development of Ghana. Modern Ghana Millicom driving digital revolution in Rwanda Stanbic Bank affirms support for extractive industry Bharti Airtel and MTN Group in a cross-border remittance partnership Payzone wins Best Technology Initiative of the Year Award in Africa resources for product testing and trials, seed financing, and support, structured training and coaching programmes in how to connect with customers and investors. Furthermore, Millicom offering a range of digital services to its customers under the Tigo brand intends to use the project to further enhance its great presence in Africa. According to Millicom, “The objective is to develop innovative and scalable businesses in which Millicom will take an equity stake.” According to President and CEO of Millicom, Hans-Holger Albrecht, “We are looking forward to driving the digital revolution with talented youth in all our Tigo operations in Africa.” Africa gets one more step ahead in technology with Bharti Airtel and South Africa’s MTN Group coming into a collaboration. Bharti Airtel and MTN Group came into a cross- border remittance partnership. The partnership is a measure to simplify mobile money transfer amongst the two West African countries of Ivory Coast and Burkina Faso. According to Bharti Airtel, "The landmark partnership will enable Mobile Money customers of MTN Ivory Coast and Airtel in Burkina Faso to easily transfer money between the neighbouring countries." It added, "Until now, moving money between the two countries was mired by high fees, high usage of informal channels and a lack of The Ghanaian IT company, Innovative EPS Ltd operating the PAYZONE brand, which has been in existence for only three years, beat high profile companies including British banking giant, Barclays Bank and Access Bank Plc with its much hailed PayZone e-payment platform. For a company to qualify for the annual award, it must first be nominated by public voting and verified later by a highly renowned panel of judges. Briefing journalists after the awards ceremony, the Chief Operations Officer of Innovative EPS, Mr. Bernard Anyan-Mensah said “the honour will definitely spur us on to higher heights”. The Executive Chairman of the company, Mr George Boateng predicted high economic boom should the government take advantage of the numerous opportunities offered by technology in various economic fields. He told a section of South African media that technology is the only solution to Africa's economic woes and therefore asked governments on the continent to pay greater attention to that sector. “The PAYZONE platform alone is more than capable of becoming the single largest fund mobiliser for central government aside the huge potential to generate jobs for between 500,000 and 1 million people in Africa within the next 5 to 10 years”, says Mr Boateng who led a three-member Innovation EPS delegation to the awards ceremony in South Africa. He likened the platform to google, whatsapp, facebook and other ICT companies, stressing on their ability to accelerate economic transformation within the shortest period. Innovative EPS Ltd has been working on developing virtual business transaction payment systems, using its PayZone payment platform, all in their bid to help create a cashless society. Even though PayZone is yet to be officially launched, many patrons have lauded the convenience and proximity advantages the platform provides for its growing customers. The PayZone platformwhich currently hosts all the telecommunication networks in Ghana, facilitatesthe purchase of direct airtime top-ups on its Self–Service payment kiosk and are currently deployed at various locations in the Greater Accra Region (e.g. 37 military hospital, GHAPOHA, Accra Mall, University Campuses, etc.). The company is currently holding discussions to enrol Electricity Bill Payment (Post & Pre-paid), Ghana Water Bill Payment, hosting of Internet Service Providers Payment, Lotteries, Mobile Banking, Mobile Payments, Tax payment, Banking & Finance, Micro Finance & Insurance, Airline and Event Ticketing, among others. The platform is capable of hosting 1,600 services concurrently. It currently has a growing patronage of about 80,000 to 100,000 per month and in the next 5 years, Innovative EPS hopes to expand to other African countries”. Modern Ghana proximity to withdraw money." The first-ever cross-border mobile to mobile payment service in West Africa is being supported by the Central Bank of West African States. During the announcement, Airtel Money Director Chidi Okpala asserted it is "the first time that two leading providers of mobile money services are cooperating to offer a service." MTN Group’s Chief Commercial Officer, Pieter Verkade quoted, "With a sizeable community of Burkinabe working in Ivory Coast and sending money back to their home country, the partnership will greatly enhance the Mobile Money service for customers in both countries." mONDAY | APRIL 14, 2014
  6. 6. A gro-food processing in Africa is a sector that is not only open for new investments, but one that is infact viable. Africa is a continent that has the highest returns in agriculture and food processing industry. With India’s interference, Africa can build capacity to develop sustainable and competitive local processors within food sector value chains, to improve the supply of high quality, nutritious food and to increase demand for the crops of small farmers. Without doubt, India has the capability to unlock the investment potential in Africa. Africa is now a continent that is looking for partners and not donors. It is now securely positioned as a global investment destination of choice. In 2012- 13 alone, the continent is expected to grow by 5% and it is estimated that Africa’s GDP could be US$ 2.6 trillion by 2020. While it is clear that individual countries perform economically with different levels of success, there are significant business opportunities across the continent driven by an insatiable demand for Africa’s resources. African economic growth remains largely commodity based on exports of oil, minerals and agricultural commodities with little or no processing involved. Food processing sector is poised to maintain the growth momentum in the future. It’s an exciting time to be an African working in Africa. Needless to mention that India is world’s second largest producer of food next to China, and has the potential of being the biggest with the food and agriculture sector. The food processing industry is one of the largest industries in India- it is ranked fifth in terms of production, consumption, export and expected growth. The last two decades have seen revitalization in relations between Africa and India. In the recent years, there has been a shift from conventional farming of food grains to horticulture which includes fruits, vegetables, ornamental crops, medicinal and aromatic plants, spices, plantation crops which include coconut, cashew nuts and cocoa and allied activities. India is now a master in the agro and food processing industry. Without doubt, India has the capability to unlock the investment potential in Africa. Many of the processing technologies used in Sub-Saharan Africa are at a small scale and use traditional or rudimentary level technology. There is a wide assortment of indigenous raw materials, some of which are in specific micronutrients. Many of the processing methods are however labour intensive, and there is potency to adapt the new methods by using modern techniques to minimizing loss in quality, increase shelf life and encourage continued consumption. With India’s interference, Africa can build capacity to develop sustainable and competitive local processors within food sector value chains, to improve the supply of high quality, nutritious food and to FRANKLY SPEAKING06 Africa is looking for Partners not Donors The Pan-Africa e-Network Project, resource mapping and meteorological and other services, food testing laboratories, vocational training centres in food processing are but a few examples of our cooperation with Africa in the agriculture and agribusiness sectors. H.E. Mr. Paul Kagame President of Rwanda SMT. Preneet Kaur Minister of State for External Affairs, India By kirit sobti, editor, iat editor@indoafricatimes.com With the firm pledge of the government, it will carry on to focus on agriculture which is considered as the main backbone to development, and as one way of affirming a rapidly growing population. This was made clear by the Minister of Agriculture and Animal Resources Dr. Agnes Kalibata during the 2012 Population and Housing Census result presentation that was held at the Kigali Serena Hotel. The Minister noted "The different agricultural developments we have today were not there 10 years back and government has continued to develop more strategies such as land consolidation, land management, the private sector has been involved more in agriculture, tradable commodities have increased for the past 5 years, farmers continue to be sensitized on good agriculture practices and with all these more production is expected which will address food security hence cater for the growing population of the country." "More health facilities have been built, children immunized, mosquito nets supplied plus the constant strengthening of the Community Health Based Insurance (CHBI), which all contribute to the wellbeing of Rwandan, hence has improved life expectancy increasing on population," Murangwa alleged. The health sector therefore saw increase in non- private health facilities from 579 in 2010 to 720 in 2011 before the last PHC was concluded. In the same report, it was yet again noted that the number of people who are educated in the country had upturn and therefore such a progress could help recover on agriculture hence mend on productivity. Other enlargements in the same report are seen in poverty reduction which now stands at a 37.8% of which one million people are below the poverty line. It is noted that 80% of the housing units in Rwanda are occupied by owners whereas 15% by tenants. The United Nation Resident Coordinator Lamin Maneh appreciated such findings which he said would give the Rwanda government a clear way of executing the set up development activities. "PHC dissemination which has happened immediately after enumeration is an indication of the government commitment to have timely data for evidence-based policy making and accountability," Lamin Maneh said. "Such results will therefore inform us today of who we are and where we live and therefore will allow calculations for where Rwanda stands on different indicators that measure the progress in health, education, plus other social and economic sectors," he added. Agriculture is the backbone of Rwanda Agriculture remains a crucial cornerstone to Africa’s economic transformation, and there are many examples where it has been pivotal to the realized growth, including among others in Ethiopia, Uganda, Ghana, and my own country, Rwanda. With India’s interference, Africa can build capacity to develop sustainable and competitive local processors within food sector value chains. increase demand for the crops of small farmers. India’s economic growth is easing a new phase of south- south engagement, especially with regard to its long standing relationship with its ‘near neighbours’ in Africa. The reinvigoration of the Africa-India relationship has the potential to create a new platform for south- south dialogue and a mutually beneficial partnership that can enhance developmental prospects in both Africa & India. The availability of natural resources, vast unutilized arable land, best agroclimatic conditions and efforts by the Government of Africa to lease fertile land to foreign companies, presence of a vibrant and fast-growing financial sector besides availability of affordable manpower are some of the key factors that help sustain and strengthen the India-Africa trade relations in agriculture and food processing, according to an expert. Africa is wooing agriculture and food processing majors to partner and support agriculture related activities. The continent is a promising investment hub for many Indian food and agriculture companies. If agricultural experts from India can provide the required support to grow and sustain sowing and harvesting activities, it will definitely support feeding many hungry mouths, given the fertile land access in Africa. With this, Indian companies can infuse the right technology and can generate local employment also. There is a significant presence of Indian agricultural firms and food processing companies in Africa. These include Tata Group, Karuturi Global, Shapoorji Pallonji & Co, BHO Bio, Jaipurias of RJ Corp, Whitefield Cotton Farm, Verdanata Harvests, S& P Energy Solutions, Sannati Agro Farm Enterprises and Ruchi Soya. The Government of India too is playing the role of a channel in assisting its food and agriculture companies increase their attendance in Africa. The Ministry of Food Processing Industries is planning to set up a food processing cluster in Africa. The proposed cluster would entail an investment of Rs 117 crore to be spent primarily on the setting up of common infrastructure for food processing parks which includes cold storage, food testing labs, incubation centres, standard designed factories, pre-cooling chambers and other modern technologies used by the industry. The tax concessions and leased land concept have seen companies here opt for an African trail even if they are remotely associated with agriculture and food processing. For instance, infrastructure major Shapoorji Pallonji & Co received 50,000 leased hectares in Ethiopia and is likely to consider its foray into agriculture in the coming years. There is also considerable interest evinced for the tea gardens in Africa which are known to have some of the best black teas in the world. The regions of Malawi, Kenya and Tanzania are home to the best tea estates, according to a food exporter. To sum up, the African continent has great potency for food production. Private- Public Partnership is requisite to improve food processing in Africa. Private enterprises and entrepreneurs are rapidly exploiting new business opportunities in domestic food markets, as seen in many African countries. MONDAY | APRIL 14, 2014
  7. 7. TRAVEL&tourism 07 I t is the state with rich cultural heritage and is a land of intense spirituality and religious faith. Maharashtra has many great landmarks and pilgrimage centers in the evolution of Indian Temple Architecture. Nestled close to the Arabian Sea, the state of Maharashtra is located on the western side of India and is known for its coolness and exceptional beauty. It is the second most populous state after Uttar Pradesh, third largest state by area in India and is the wealthiest state in India. Maharashtra can proudly term itself to be the richest state in India, owing gratitude to the stupendous industrial activity in the region. Mumbai, the city that never sleeps, pulsating, alive, on the move, vibrant, fun- this is Mumbai or sometimes still referred as Bombay. The most modern city in India is also known as country’s financial powerhouse. It is the capital of Maharashtra state, and its official language is Marathi. Shirdi Sai temple is a beautiful shrine that was built over the Samadhi of Shri Sai Baba. Sai Baba of Shirdi is popularly known as the 'Child of God'. Sai Baba preached tolerance towards all religions and the message of universal brotherhood. Saibaba found shelter in Khandoba temple, where a villager Mahalsapathi addressed him as Sai or Saint Sai baba. Devotees start queuing up in the early hours of dawn to catch a glimpse and seek the blessings of the life-size statue of Sai Baba. Thursday is marked by special pujasand darshan of the Sai Baba statue. Ajanta and Ellora Caves Ajanta and Ellora are the pride of Maharashtra. The rock-cut caves of both these sites are world famous and illustrate the degree of skill and artistry that Indian craftsmen had achieved several hundred years ago. Ajanta The caves attained the name from a nearby village named Ajanta located at about 12 km. The caves, famous for its murals, are the finest surviving examples of Indian art, particularly painting. These caves are excavated in horse– shoe shaped bend of rock surface nearly 76 m in height overlooking a narrow stream known as Waghora. Ellora The name Ellora itself inspires everyone as it represents one of the largest rock-hewn monastic-temple complexes in the entire world. The Ellora caves, locally known as ‘Verul Leni’ is located on the Aurangabad- Chalisgaon road at a distance of 30 km north- northwest. Ellora occupies a relatively flat region of the Western Ghats, and ancient volcanic activities in this area created many layered basalt formations known as Deccan Traps. Maharashtra Land Of Intense Spirituality mONDAY | APRIL 14, 2014
  8. 8. TALKINGTECHNOLOGY08 M/s Power Engineering (India) Pvt. Ltd. (PEIPL) and Power Engineering Sales Ltd., UK (PESL) are flagship companies of the Pai Kane Group. PEIPL is a leading manufacturer of diesel generators sets, gas generators sets, lighting towers, electrical panels and compact substations - all with the 'Pai Kane' brand. These products, though world-class in quality, are competitively priced. Pai Kane also supplies pumps/pump-sets, ups, inverters, stabilizers, pressure transducers /transmitters, compressors, HT panels, welding machines, blocksets and switchgears. PEIPL exports its products to over 30 countries of the world, which include some African countries. With over 15 years of experience in the field of power generation, its current m a n u f a c t u r i n g capacity for gensets is 15,000 sets per year, with a range from 5 kVA to 3000 kVA. PEIPL has been an OEM for leading engine brands, such as Perkins – UK, Volvo Penta – Sweden, MAN- Germany, Doosan - Korea, MTU - Germany, Mitsubishi - Japan, Maxxforce (Mahindra Navistar) - USA, Lombardini - Italy, Escorts - India; as also for the leading alternator brands such as Stamford, Leroy Somer and Mecc Alte. For its natural gas gensets, it partners with Perkins - UK for the range of gas gensets from 350 kVA - 1250 kVA and with Doosan - Korea for the range of gas gensets from 135 kVA to 350 kVA. With its own in-house design capabilities, PEIPL provides complete turnkey solutions right from design - through assembly, auxiliary manufacturing (synchronizing panels, control panels, base frames, acoustics etc), supply, installation and commissioning - to maintenance. PEIPL offers standard, as well as customized, diesel and natural / bio-gas gensets to its customers in Middle East Asia, South East Asia, and rest of Asia, Africa and Europe. Its manufacturing facility is one of the few in the world to be DNV certified for ISO 9001:2008 , ISO 14001:2004 for and OHSAS 18001:2007 - for its integrated Quality, Environment, Occupational Health and Safety System. Having adopted the Toyota Production System across the organization, the company has invested in state of the art technology to ensure that consistently high quality products are churned out. PEIPL has supplied innumerable gensets to almost every single sector of human endeavor/construction :residential complexes, hotels, educational institutions, medical institutions, banks and their data centers, telecommunication, retail chain, various infrastructure projects of the government and non-government agencies etc. Pai Kane brand generators are designed to meet the future demands of the power generation industry for clean and efficient power, offering high performance, dependability and reliability, while meeting the increasingly stringent emission requirements of the market. PEIPL's comprehensive, value-engineered, power generation solutions, coupled with its process-oriented Get Uninterrupted Power Solutions skilled workforce, have a one- point agenda, “Customer Delight”. For this, PEIPL has embarked on a process of innovative techniques and solutions. It designs its power products to meet future demands of the power generation industry: clean and efficient power, high performance, dependability, reliability and meeting increasingly stringent emission requirements. It offer not just products, but comprehensive, value-engineered, power generation solutions using innovative techniques and process oriented skilled workforce. visit www.paikane.com for more information. Should you need any solutions or any products that PEIPL could give you, you may write to sales@paikane.com MONDAY | APRIL 14, 2014
  9. 9. TRYSOMETHINGNEW 09 Ingredients • 2 cups canned garbanzo beans, rinsed and drained • 1/3 cup tahini • 1/4 cup lemon juice • 1 teaspoon salt • 2 garlic cloves, minced • 1 tablespoon olive oil (plus more as needed) • 1 pinch paprika • 1 teaspoon minced fresh parsley Career Fair-Ranchi Career Fair aims to provide Educational organizations from around the world a cost effective, strong marketing platform to interact with the carefully targeted audience from all across India. The Fair has been very strategically timed after all the major Board Degree exams are over and would be the most cost effective medium to reach your target segment covering the major cities of India. Date: 15-16 Apr 2014 Venue: Hotel Capitol Hill, Ranchi, India Lifestyle Connoisseur The Lifestyle Connoisseur is a two day event which will take place from the 16th of April to the 17th of April, 2014 at the India Islamic Cultural Center in Delhi, India. This event showcases Suits Sarees, Apparels, Tunic, Jewellery, Leatherettes, Footwear, Bed Linens, Pots, Shawls, jackets, Home decor etc in the Apparel and Clothing industry. Date: 16-17 Apr 2014 Venue: India Islamic Cultural Centre, New Delhi, India Times Education Expo- Lucknow Times Education Expo-Lucknow will enhance your business prospects and help you promote your institute on a big scale. Since students will become more aware and focused, a lot of issues related to admissions, results and performance will be resolved. You will have the opportunity to meet and interact on one-to-one basis, giving you a clear understanding of students’ requirements, their potential interests and accordingly you will be able to guide them and inform them about particular field. Date: 17-18 Apr 2014 Venue: Lucknow Taj Residency, Lucknow, India PrintExpo-Chennai PrintExpo has achieved positive reaction from the printing, labeling and publishing sectors as this event is titled to be the largest exhibition where such equipments and machineries are displayed that are undiscovered in the past. The organizers have promised that this 6th edition is going to be 70 percent better and larger than the past editions. The company owners, consultants, directors, art directors, graphic designers and much more are cordially invited to scrutinize all the items. Date: 18-20 Apr 2014 Venue: Chennai Trade Convention Centre, Chennai, India Property Auto Show Property Auto Show is a 3 day event being held from 18th April to the 20th April 2014 at the sangeet Natak Academy, Gomtinagar in Lucknow, India. This event showcases products like real estate lands, real estate property, real estate services, cars, vehicle, financing services etc. in the Automotive, Real Estate Agents industries. Date: 18-20 Apr 2014 Venue: Sangeet Natak Academy, Lucknow, India India International Cnc Tooling Expo India International Cnc Tooling Expo is a 3 day event being held from 19th April to the 21st April 2014 at the NSIC Exhibition Complex in New Delhi, India. This event showcases products like CNC Machines Tools, CNC Lathes, Automatic Lathes, Special Production Machines, Machining Centers, Machine Tool Spindles Motors, Machine Tool Controls, Machine Tool Automation, Machine Tool Builder Support, Automotive Hand Tools and Multipurpose Hand Tools etc. in the Industrial Products industry. Date: 19-21 Apr 2014 Venue: NSIC Exhibition Complex, New Delhi, India upcoming If your talents and virtues are misused, the one who stands to lose is you. THOUGHT OF THE WEEK Hummus African Cuisine 1. Pas du tout Not at all 2. Pas mal Not bad 3. Tout de suite Right away, immediately 4. Répondez s'il vous plaît. (RSVP) Please reply 5. Amuse-toi Have fun Handy French  Helps reduce blood pressure  Prevents plaque formation and reduces ‘bad’ cholesterol  Is great for pregnant mums  Beats osteoporosis  Keeps diabetes under check  Treats anaemia  Helps relieve fatigue  Boosts brain power and may treat dementia picture of the week The voters showing their voter identity cards, at a polling booth during the 3rd Phase of General Elections-2014, in New Delhi on April 10, 2014  Flag Country Capital Currency Official Language Tanzania Dodoma (official) Dar es Salaam (seat of government) Tanzanian shilling Swahili and English Togo Lomé CFA franc French Tunisia Tunis Tunisian dinar Arabic Uganda Kampala Ugandan shilling Swahili and English Prepration Method 1. Place the garbanzo beans, tahini, lemon juice, salt and garlic in a blender or food processor. 2. Blend until smooth. 3. Pour olive oil into feed tube over the garbanzo bean mixture to make a smooth mixture. 4. Transfer mixture to a serving bowl. 5. Adding additional oil as needed. 6. Sprinkle with paprika and parsley. Rich, Smooth, Healthy! Serve with toasted pitas The most luxury train in the world to date is found in South Africa. It is named “THE ROVAS RAIL” Amazing health benefits of Beetroot  The famous “Festival of Masks” is celebrated in which country? Ivory Coast  Where is the world’s biggest diamond found? What is it called? Cullinan, found in South Africa  What is the national name of the Kingdom of Morocco? Al – Mamlaka al – Maghrebia  Name the country in which world’s smallest butterfly is found. Dwarf Blue Butterfly having a wing span of only ½” found in South Africa  By what other 3 names is Nairobi popularly known as? Green City in the Sun, City of flowers, Place of cool waters  In which nation all people speak the same language? Somalia  First online newspaper in Africa is known as? Mail Guardian  Which is one of the tiniest capital in the world? Victoria Know More About Africa  Which European language is an official language of Angola? Portuguese  Gabon’s largest river is? Ogooue’  Name the least populated country in Africa? Seychelles  What is called “The Lifeline of Mail”? The Niger River  Giant crocodile fossils have been discovered in? Kenya mONDAY | APRIL 14, 2014
  10. 10. THEFASHIONISTAS10 Hair Color DO go in contradiction of the norm (and not go blonde this season) and pick a richer brown dye job with face-framing highlights. Whether worn loose and wavy or sleek and straight, it will look astonishing. DON'T book salon appointment. Just don't do it. Big Brother stars Pokello and Elikem become Ambassadors for Africa Fashion Week Nigeria T he organizers of the much awaited Africa Fashion Week Nigeria (AFWN) whose core aim is to provide visibility platforms for new talents and help gather international attention and awareness, has announced its new ambassadors. The event which is to held in the month of May17th and 18th we have announced Pokello Nare and Elikem Kumordzie, the soon-to-be couple as ambassadors of the Africa Fashion Week Nigeria, who were big brother housemates 2013 (TheChase). Elikem, a fashion designer who has a collection of designs is now a part of the AFWN and so also is Pokello. The Africa Fashion Week Nigeria is giving equal opportunities to emerging and top fashion designers to create a platform that will promote the African fashion and richness and make it embraced all over. What’s new this spring?? The two day event will be graced by Grand patrons Chief Molade Okoya-Thomas Senator Daisy Danjuma, and Patron Hon. Abike Dabiri, with Special Guests of honor Mrs. Folorunsho Alakija and Chief Oprah Benson supporting the emerging designers. Fashion lovers, Media houses, celebrities, textile manufacturers, models, make-up artists, fashion photographers, retail buyers, potential designers and business of fashion people will grace the event. This platform which celebrates and supports African creativity was created in London in 2011 Africa Fashion Week London (AFWL) and has showcased over 200 UK and non UK bases African designers. Africa Fashion Week London is a sister event to much anticipated Africa Fashion Week Nigeria which will wrap-up with a gala fashion show with veteran fashion designer Hajia Abba Folawiyo closing the show. According to Ronke Ademiluyi, the organiser and founder of AFWL AFWN, “the event is to bind emerging talents in the fashion industry, connect them to the right people, showcase them to their customers and potential ones, unleash the creativity in them, support them, give them an opportunity and platform to grow and create awareness.” Designers in their hundreds have already signified their intention to participate by visit the organizers’ website. Registration and opportunities still abound for designers and exhibitors interested in participating by visiting www. africafashionweeknigeria or call 07088800866. The event is billed to have over 5000 visitors, celebrities, upwardly-mobile and fashion enthusiasts. Modern Ghana Spring is a time to renew the delight and passion for life that lives inside. But when switching your wardrobe, it is essential to also lighten up your beauty routine. Heat and humidity makes skin itch. Here are five hair and makeup looks you need to try this spring. Neon Orange Lips DO go for a wonderful bright orange lip color, as this shade works on all skin tones. The most vital thing in picking orange lipstick is the finish. Glossy and creamy shades are fresh and fun. Keep the rest of your makeup uncomplicated - outlining your face with bold brows, gilded eyelids and mascara. DON'T go matte with your orange lips and your face makeup. It creates this blah finish that makes your face appear peculiar and tense. Fresh Face DO avoid the thick foundation and simply smooth on a tinted moisturizer or BB cream to go with a typical eye makeup look. Finishing the cat- eye takes lots of practice. But with the right cream eyeliner and angled brush, you'll have it down in no time. DON'T go all wild with your winged eyeliner and top it off with an eerie pale shade that washes out your skin. Stick to clean, simple lines using just one eye shadow. Midi Haircuts DO take the dive and slice your strands into a medium length haircut. The not-too-short and not-too-long hairstyle works for every face cut. DON'T just chop your long locks until they fall right at your shoulders and then forget about the layers. Metallic Nails DO emphasize your sun-kissed complexion with a glossy and gleaming manicure. Besides, aren't you bored with the usual pastel nail polishes? DON'T destroy your metallic manicure with an unnatural nail shape. The time has come to dump the acrylic nails! Big Brother fairy tale lovers Pokello and Elikem  MONDAY | APRIL 14, 2014
  11. 11. SPORTS2WATCH 11 Chelsea: The return of Eto’o to Inter becomes clearer Tagoe set to sign for Malaysian side Kelantan Floyd Mayweather celebrated winning over $75,000 on an NCAA college basketball bet with a relaxing rub down in front of the fire. The undefeated boxing star took to Instagram to show off his luxurious lifestyle as he received a massage from a blonde beauty before posting the message: 'This is my actuality'. Mayweather added a few more pennies to his bank account after cashing in on the Connecticut Huskies to win the college basketball tournament. T he Italian press had announced in February the return of Samuel Eto'o to Inter Milan, his former club. Well, things become clearer. This is what say Mirror that indicates that the agent of the Cameroonian superstar, Claudio Vigorelli , has recently made a contact with leaders of Inter Milan to decide on a possible contract. For over a month, the rumor about a possible return of Samuel Eto'o to Inter Milan is whispered everywhere. At first, Tuttosport revealed the desire of the Italian club to retrieve their former striker. A few weeks later, the Chelsea striker, qualified for the semi -finals of the Champions League, in return opened the door for a return to Serie A in the Gazzetta dello Sport . Eto'o has left his mark in Serie A after passing between 2009 and 2011. In particular he was one of the great architects of the historic treble Scudetto, Coppa Italia and Champions League realized by the Nerazzurri in 2010. Modern Ghana Brazil 2014: We Are On Course Mayweather wins over $75,000 on basketball bet GhanastrikerPrinceTagoeissetto sign for Malaysian Super League side Kelantan, Africanfootball. com can exclusively reveal. The 27-year-old has been available on a free transfer after terminating his contract with Tunisian giants Club Africain. The former Hearts of Oak player will be signing for his ninth foreign club since leaving for Saudi Arabian side Al Ittihad in 2006. Kelantan president Annuar Musa recently uploaded a picture of him and the former TSG Hoffenheim player on his Facebook fan page. The Red Warriors are looking to replace their foreign players, after a string of disappointing results that culminated in their early exit from the 2014 AFC Cup. Kelantan are fifth on the 12-team table with the second half of the season just underway. Tagoe has previously played for UAE's Al Shabab, Saudi side Ettifaq, Partizan Belgrade and Turkish top-flight side Bursaspor. He played at the 2010 FIFA World Cup finals in South Africa and has made 36 appearances for the Ghana national team. Modern Ghana the GFA Secretariat. He added, 'We will be playing the Dutch national soccer side on May 31 and later play a team or two on June 1 in the United States of America. Our technical team are also in the UK to put their house in order before the World Cup.' Ghana coach Kwasi Appiah is expected to name his 30-man provisional squad in mid-May and later prune it down to 23, who will represent the nation in South America. Ghana is pitted against soccer big boys Portugal, Germany and USA in Group G of the World Cup. Modern Ghana Samuel Eto'o is back  Ghana Football Association (GFA) president Kwesi Nyantakyi says Gamble: Floyd Mayweather took to Twitter to celebrate winning over $75,000 on college basketball Undefeated: Mayweather is preparing to fight Marcos Maidana on May 3 The 37-year-old tweeted a picture of winning betting slips following Connecticut's win over Kentucky in front of 80,000 fans in Arlington, Texas. Mayweather tweeted with the caption: 'I bet on the underdogs @ uconnhuskies twice within the last three days. $75,636'. The 37-year-old is preparing to take on Marcos Maidana in Las Vegas on May 3. Winners: Shabazz Napier celebrates Connecticut Huskies' 60-54 win against the Kentucky Wildcats Connecticut, meanwhile, prevailed in the NCAA final with a 60-54 win over the Kentucky Wildcats at the Dallas Cowboys' home stadium in Arlington. The tournament, also known as 'March Madness' sees 68 college basketball teams face each other in a single-game knockout format with the winner crowned national champions. Modern Ghana his outfit is on course regarding preparations for the Brazil 2014 World Cup. His declaration allays fears of many who have tagged the Black Stars preparations for the Brazil 2014 World Cup as wishy-washy. The GFA boss revealed that preparations were far advanced and that Ghanaians should remain hopeful in the team for an impressive performance at this year's Mundial. 'We are on course as far as the World Cup is concerned. We have lined up a series of international friendlies intended to sharpen the edges in the team ahead of the competition,' said the FA boss at Prince Tagoe  mONDAY | APRIL 14, 2014
  12. 12. ENCOUNTER WITH EDITOR12 Excellency, recently you have unveiled a dynamic website, how in your opinion it will pave the way and increase the traffic of investors to Burkina Faso? Yes, that is correct. We have just launched our redesigned bilingual dynamic website, where we have tried to showcase the economic potential and expose business opportunities in Burkina Faso in a sector wise manner. It translates the vision of the Strategy for Accelerated Growth and Sustainable Development (SCADD) a programme launched by the Burkinabe Government under the leadership of our President, H.E. Mr. Blaise COMPAORE. It is a very interactive website through which we can bridge the gap between businessmen in Burkina and our jurisdiction countries. It is a platform that can be used by different countries to strengthen their friendship and profit from business opportunities. Brief us about the upcoming visit of H.E. Mr. Blaise Compaore, President of Burkina Faso to Singapore and Sri Lanka. Our President, H.E. Mr. Blaise COMPAORE’s visit to Singapore is intended to highlight to the Asian Business community, the readiness of the Burkinabe Government to support and facilitate foreign investments. Some senior Ministers and a delegation of eminent Burkinabe Businessmen will accompany His Excellency the President on his visit. Investors will get an opportunity to interact with the High Authorities of Burkina Faso and get first-hand information about some of the major priority projects of the Government of Burkina Faso which will be showcased at this forum. What makes Burkina Faso an attractive investment destination? It has huge untapped economic potential in sectors of agriculture, mining, fisheries, industry, tourism, infrastructure etc. It is centrally located in the heart of West Africa, ECOWAS and WAEMU States. Its common border with six States enables the country to have access to a potential market of 409 million inhabitants from WAEMU and ECOWAS States. It has a freely convertible common currency within the WAEMU and has fixed parity to the Euro. Our country has a young, dynamic, enterprising population, as well as an abundant and hard-working workforce. What are the priority projects designated by the Government of Burkina Faso with the intent of inviting investors to the country? All though there are many opportunities to invest in various projects in Burkina Faso, some of the current priority projects of the Burkinabe government are as listed below: a) Establishment of a business: the Faso Mill (MF). b) Establishment of a tomato and mango concentrate processing plant at Loumbila. c) Establishment of a conventional cotton fiber base spinning unit. d) Establishment of a refrigerated abattoir in Bagré. e) Setting up a Pharmaceutical Industrial unit at Kokologo. f) Operating concession of fish breeding center. g) Construction of residential colonies. h) Development of a seed company. i) Setting up farming and processing equipment. j) Establishment of a unit of mounting agricultural equipment. k) Establishment of a unit of production and marketing of mineral fertilizers. l) Study and construction of the hydroelectric plant at Bagré-Aval. m)Study and construction of the hydroelectric center at Bon. n) Study and construction of the hydroelectric center at BONITIOLI. o) Study and construction of the hydroelectric center at FOLONZO. p) Study and construction of the hydroelectric center at GONGOUROU. q) Hydro-agricultural development of 2000 hectares at Dangoumana Phase 2 of the west bank of the River Sourou. r) Hydro-agricultural development and enhancement of 1812 ha of perimeter at Sono-kouri in the Sourou Valley. s) Rehabilitation of old irrigated areas of the Sourou Valley. t) Creating an international standards primary data center and a backup data center. u) Construction of a thermal power plant at Ouagadougou Central Ouaga East. v) ITC Technopole at Ouagadougou. w)Creation of a multimodal dry port in Ouagadougou. What kind of reforms have been made to attract Foreign Direct Investment? According to the “Doing Business 2009” report, Burkina Faso is one of the ten top reformers of the world. It may not be possible to elaborate on all the reforms but in terms of result achieved, the enacted reforms have allowed: • The effective reduction of the number of procedures, delays and costs; • Transparency in business affairs; • The regaining of the confidence of the Private sector; • The resolution of the problem of rigidity of the labor market; • Improving quality of public service; • External trade, especially with the creation of the Monitoring the business environment, the implementation of a computerized system of customs declarations. Burkina Faso, The Land of Honest People is a French speaking country. Foreign investors who wish to settle or establish their business in Burkina Faso can be assured to be in the right country. It was made clear when the Ambassador of Burkina Faso to India, H.E. Mr. Idriss Raoua OUEDRAOGO interacted with Kanchi Batra, Sub-Editor, Indo Africa Times. 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 “Opportunity to interact with high authorities of Burkina” H.E. Mr. Idriss Raoua OUEDRAOGO Ambassador Extraordinary and Plenipotentiary, Embassy of Burkina Faso  MONDAY | APRIL 14, 2014