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Volume 2 issue 3

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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MONDAY | JANUARY 19, 2015 Title Code: DELENG18579 • RNI NO: DELENG/2014/54666 • Postal Registration No.: DN/325/2014-2016 • VOL. 2 • NO. 3 • Page 12 • Price `10
pg10
pg 04
pg 02
pg 07
pg 11
Continued to page 03
MOROCCO:
THE ARAB
STAR
UTOPIA
ON EARTH:
Sikkim
A Response to
Ebola by Hawa
Kamara
T
he United Nations Secretary General, Mr. Ban Ki-moon,
was on a three-day visit to India from 10-13 January,
2015. His visit could be seen as an effort to strengthen
India-UN ties.
The first stop of Mr. Ban’s visit was Gujarat. Mr. Secretary
General was in Gujarat to address the 7th Vibrant Gujarat Summit.
He stressed the need for a global action in 2015, urged all the world
leaders to come together and work for the future of this planet.
He exclaimed that 2015 is the “most important and crucial for
humanity”.
On his first day in Gujarat, Mr. Ban visited the Gandhi Ashram
at Sabarmati and pledged a commitment to Gandhian principles of
tolerance, peace and non-violence. Secretary General, praised the
diversity of the country and remarked that India is “a large, diverse
and vibrant democracy- to be a champion of the rights, dignity and
equality of all people.”
In his address at the Vibrant Gujarat Summit, he urged the
world leaders to follow Gandhian principles, “ I sincerely hope, all
world and business leaders and people will be inspired by Gandhi
ji’s visions and teachings I sincerely hope, all world and business
leaders and people will be inspired by Gandhi ji’s visions and
teachings.”
“Mahatma Gandhi preached and followed the message of peace,
non-violence and communal harmony. It is a common value that
the United Nations promotes and asks leaders near and far to put
into practice- from here in Gujarat to the world”, he said.
2015, is the last year for the completion of Millennium
Development Goals, and Mr. Ban stressed on the need to actively
participate in world affairs this year. The year marks the 70th
anniversaryofUN,andMr.Banplanstodraftapost-2015agendafor
Ban Ki-moon Praises Modi
President
urges ANC to
return to
"core values"
South Africa
have come of
age-Sports
Minister
Wassupafrica02
Draft Road Map for Ebola
Vaccine Development
A draft road map for the expedited
development, testing, manufacture,
delivery and financing of Ebola
vaccines has been published by a
global group of experts supported by
the Wellcome Trust. The development
and delivery of safe and effective
vaccines would make a huge
contribution to containing Ebola in
Guinea, Liberia and Sierra Leone, as
well as improving responses to future
outbreaks and providing a model for
vaccine development against other
emerging infectious disease, the
expert group has concluded.
The panel of 26 international
experts, convened by the Wellcome
Trust and the Centre for Infectious
DiseaseResearchandPolicy(CIDRAP)
at the University of Minnesota, explains
howthesubstantialscientific,financial,
social and logistical challenges to
rapid Ebola vaccine development and
deployment can be overcome through
collaboration between governments,
industry and philanthropic bodies.
It highlights the potential need
for multiple Ebola vaccines with
different characteristics, which might
enable different vaccination strategies
such as ring-vaccination to prevent
an outbreak from spreading, and
prophylactic vaccination of high-
risk individuals such as healthcare
workers. The recommendations are
made in the interim report of Team
B, which is co-chaired by Dr Jeremy
Farrar, Director of the Wellcome Trust,
and Professor Michael Osterholm,
Director of CIDRAP.
The group is called “Team B” in
recognition of the principal role played
by the World Health Organisation and
national governments in leading the
international Ebola response.
S.African president urges ANC
to return to "core values"
S
outh Africa's President Jacob
Zuma said the ruling African
National Congress needs to
get back to its core values and fight
corruption in its own ranks.
"We are here to serve the
people, the people are not here to
serve us," said Zuma, who heads
the ANC as it moves into its 21st
year in power.
"Let us re-dedicate ourselves
tothecorevaluesoftheANC,which
include discipline, selflessness and
constructive criticism," he added
during celebrations to mark the
movement's 103rd birthday.
His party has been buffeted by
attacks on the left from extremist
movements spurred by millions
of disillusioned South Africans,
left behind in the country's post-
apartheid era, who accuse their
leaders of bad governance.
Zuma said his party needs to
do a better job of managing the
country and battling corruption,
starting at the local level.
"Every single cadre of our
movement must know that his
or her responsibility is to make
local government function better
by getting the basics right," said
Zuma.
"The ANC must continue
to lead in ending corruption in
the state, the private sector and
amongst our own members," he
added.
The scandal-prone Zuma
has been accused of spending
$23 million (over 19 million
euros) in state cash on a lavish
Dr Jeremy Farrar, Director of the
Wellcome Trust and co-chair of Team
B, said: “As Guinea, Liberia and Sierra
Leone make encouraging progress in
containing Ebola, we must not lose
sight of the immense contribution
that a safe and effective vaccine
would make towards controlling
both this and future epidemics. We
need urgent global collaboration
between governments, industry and
philanthropy to ensure candidate
vaccines progress through trials to
manufacture and delivery as swiftly as
possible.
“The draft road map we publish
today, agreed by a global group
of experts, offers solutions to the
great scientific, social, logistical and
financial challenges of delivering
an Ebola vaccine on this urgent
timescale. It is a living document that
will evolve as we learn more about
Ebola and the candidate vaccines that
are available. As well as being of great
value in the present crisis, it will enable
vaccine strategies to begin without
delay in future outbreaks, and provide
a model for vaccine development in
response to other emerging infectious
diseases.”
The Wellcome Trust is a global
charitable foundation dedicated to
improving health. The Wellcome
Trust has provided approximately
£10 million funding in response to the
Ebola epidemic, which has enabled
unparalleled international collaboration
across the public, private and not-for-
profit sectors to tackle the crisis. This
includes trials of potential vaccines
and treatments, in addition to public
health, social and humanitarian
research.
Modern Ghana
Rusumo one-stop border launched
The One-Stop Border Post (OSBP)
project that will eliminate tedious
customs and immigration clearing
procedures on the Rwanda Tanzania
border has been completed.
It was launched by the Ministry
of Infrastructure and the Tanzania
National Roads Agency.
The project consists of a 80-mitre-
long and 13.5-mitre wide bridge, an
administration building, verification
storage, control shed for vehicle,
guard house, and a parking yard for
trucks.
A two-kilometre road that links
the two OSBP facilities in Rwanda and
Tanzania has also been built.
The two-lane bridge with capacity
to support 180 tons, replaced the old
one that was built 40 years ago to
handle only 53 tons.
The new bridge will also increase
the speed limit from five to 30km
per hour. It was constructed by
the Japanese Contractor, DAIHO
Corporation, under the supervision of
a consortium of consultant companies
comprising CHODAI and NIPPON
KOEI, also from Japan.
The government of Japan, through
Japan International Cooperation
Agency (JICA) financed the project to
the tune of Rwf22 billion as financial
support to the Republic of Rwanda
and the United Republic of Tanzania.
Japanese Ambassador to Rwanda,
Kazuya Ogawa, JICA President Akihiko
Tanaka, the Minister of Infrastructure
James Musoni and John Mongella, the
Tanzania commissioner for Akagera
region attended the launch.
Musoni said that the OSBP will
eliminate traffic congestion, improve
efficiency in cargo transportation, cut
costs and generally facilitated faster
movement of goods.
The Rusumo border is located on
the Central Corridor, one of the leading
trade routes in Africa.
“We are grateful for the good
cooperation between Japan and
Rwanda. The two nations [Rwanda
and Tanzania] will benefit a lot from
the project. The one stop border
system is important…it is capable
of simultaneously handling departure
and entry procedures at border points
to eliminate the snag of economic
corridors,” said Musoni.
The Japanese delegation hailed
the cooperation between Rwanda and
Japan, noting that it quickened the
completion of the project.
“It is critical to develop
regional infrastructure that enhance
connectivity among countries…
cross-border infrastructure promotes
regional integration,” said JICA
President Akihiko Tanaka.
The project will be replicated at all
the border posts in the region to ease
intra-regional trade and accelerate
economic integration.
New Times
refurbishment of his private
residence, though the so-called
Teflon president — 'nothing
sticks' — has weathered other
storms before.
The president, who was
sworn in for second term in May,
also repeated his commitment
to accelerate a reform of racist
apartheid-era land policies.
A 1913 law gave non-white
residents access to only 10 percent
of the country's farmland, which
was subsequently revised upward
to 13 percent. The rule put in place
a system that still sees a majority
of the best land in white hands.
A law that would redistribute
fields more equitably will be voted
on this year, Zuma announced,
repeating there will be no
appropriation of land without
compensation.
Firebrand leader and former
Zuma ally Julius Malema, whose
radical movement won over
six percent of the vote in May
elections, has continually called
for evicting white farmers.
"We must continuously guard
against the manipulation of our
democratic processes by those
among us who wish to use the
ANC for personal gain and self-
aggrandisement," Zuma said.
Modern Ghana
Huye set to
unveil Rwf4.5
billion Bus
Park
Huye District is set to acquire a
state-of-the-art bus park in an
investment officials believe will
help transform the image of the
district and boost the transport
sector. The park, which is being
constructed just at the entrance
of Huye town, is set to be unveiled
by the end of February, according
to the developers. The Rwf4.5
billion facility is an investment
by the Kigali Veteran Cooperative
Society (KVCS), a cooperative that
brings together retired soldiers
and members of the Reserve Force.
The park described by many as
‘possibly the most modern car park
in Rwanda’, will have a parking
capacity of at least 200 vehicles.
It will include three parking
areas, several multi-storied
commercial buildings with at
least 81 shops, restaurants,
administration blocks, hotel,
a petrol station, car wash and
internet cafes, among others.
It will also be equipped with
surveillance cameras for enhanced
security as well as hi-speed wi-fi for
travellers. Construction activities
for the first phase which comprises
most of the facilities, are already in
their final phase. The second and
last phase will see the construction
of a four-storey building which will
house shops as well as a hotel. Huye
District mayor Eugene Kayiranga
Muzuka told The New Times that
once complete, the car park will
help boost the economy of the
district while at the same time
mainstream the transport sector.
New Times

South African President Jacob Zuma (C) waves at the crowd as he arrives to
attend the African National Congress
MONDAY | JANUARY 19, 2015
Wassupafrica 03
FROM PAGE 01
G
ains from low oil prices
can be substantial for
d e v e l o p i n g - c o u n t r y
importers if supported by
stronger global growth, says a
World Bank Group analysis of
the oil price decline, contained
in the latest edition of Global
Economic Prospects. The decline
in oil prices reflects a confluence of
factors, including several years of
upward surprises in oil supply and
downward surprises in demand,
receding geopolitical risks in some
areas of the world, a significant
change in policy objectives of the
Organization of the Petroleum
Exporting Countries (OPEC), and
appreciation of the U.S. dollar.
Although the relative strength
of the forces driving the recent
plunge in prices remains uncertain,
supply related factors appear to
have played a dominant role. Soft
oil prices are expected to persist
in 2015 and will be accompanied
Most Developing Countries Will
Benefit from Oil Price Slump, Says
World Bank Group
The Bank of Ghana has served notice a
Gh¢ 400 million, seven-year domestic
bond will be issued in April. The move
is to use longer-term maturities to
restructure the central bank’s rising
debt.
According to the BoG’s issuance
calendar, a total of 25.4 billion cedis
($7.88 billion) in domestic securities is
expected to be raised before July.
Ghana issued its debut seven-year
domestic bond in August 2013 and
held a similar auction three months
later with an 18 percent yield.
The bank will also issue five-year
bonds in March and June to raise 440
million cedis each, and three-year
paper worth 630 million cedis each in
February and May to roll over maturing
debts.
The government did not issue a
seven-year bond last year as it wanted
Ghana to Issue GHC400m 7-Yr
Domestic Bond in April
to avoid a spike in yields following a
slump in the local currency.
“The Treasury Bills and Notes
(91-Day Treasury Bills – 2-Year
Notes) are short term debt securities.
Issuance decisions will be made weekly
depending on Government’s projected
daily cash position for the week ahead.
It is envisaged to issue at least
GH¢880 Million of Treasury Bills and
Notes weekly at all times to support
government liquidity requirements
which will include the redemption/
rollover of maturing securities for the
week,” the issuance notice signed by
Caroline Otoo, Secretary of the BoG
said.
The Mahama-led administration
is currently before the International
Monetary Fund for a bailout to salvage
the ailing economy.
Modern Ghana
by significant real income shifts
from oil-exporting to oil-importing
countries. For many oil-importing
countries, lower prices contribute
to growth and reduce inflationary,
external, and fiscal pressures.
However, weak oil prices
present significant challenges for
major oil-exporting countries,
which will be adversely impacted
by weakening growth prospects,
and fiscal and external positions. If
lower oil prices persist, they could
also undermine investment in
new exploration or development.
For policymakers in oil-importing
developing countries, the fall in
oil prices provides a window of
opportunity to undertake fiscal
policy and structural reforms as
well as fund social programs. In
oil-exporting countries, the sharp
decline in oil prices is a reminder
of significant vulnerabilities
inherent in highly concentrated
economic activity and the necessity
to reinvigorate efforts to diversify
over the medium and long term,
said Ayhan Kose, Director of
Development Prospects at the
World Bank.
The analysis on oil prices in
Global Economic Prospects is
complemented by two special
features on how trends in global
trade and remittance flows are
impacting developing countries.
Global trade weak on cyclical
and long-term factors. Global
trade expanded by less than 3.5
percent in 2012 and 2013, well
below the pre-crisis average
annual rate of 7 percent, holding
back developing country growth
in recent years. Weak demand,
mainly in investment but also in
consumer demand, is one of the
main causes of the deceleration in
trade growth. With high-income
countries accounting for some
65 percent of global imports,
the lingering weakness of their
economies five years after the
crisis suggests that weak demand
continues to adversely impact the
recovery in global trade. However,
long-term trends have also slowed
trade growth, including the
changing relationship between
trade and income. The analysis
finds that these long-term factors
affecting trade will also shape
the behavior of trade flows in the
years ahead in particular, that the
sustainable development, and also
talks are in place to take conclusive
actions on climate change. Mr. Ban
wants to make 2015 the milestone
year when the world will strive
hard towards the ambitious
dreams to end poverty, inequality
and exploit the opportunities that
accompany climate change.
This year, Mr. Secretary
General also wants to focus on
fighting terrorism and security
issues faced by the world. In the
recent address to UN General
Assembly, he stressed on the need
for disarmament. Nuclear weapons
though supposed to be a deterrent
to war are a major threat to the
peace and stability of the world.
Peace and security are difficult to
achieve in a world with nuclear
weapons.
On his visit to Gujarat, Mr.
Ban Ki-moon also inaugurated the
Canal Top Solar Power Plant, “I saw
more than glittering panels- I saw
the future of India and the future
of our world. I saw India’s bright
creativity, ingenuity and cutting-
edge technology”, he said while
praising India. Mr. Ban was full
of praises for the Indian PM, Shri.
Narendra Modi. He commended
India for making considerable
progress in fulfilling the MDGs.
Mr. Ban commended India for
its support to the international
agency, “I applaud India for its
commitment to United Nations.”
His next stop in India was New
Delhi, where Mr. Ban Ki-moon
delivered a lecture at the Indian
Council of World Affairs. The
thirteenth annual UN-lecture at
Sapru House was delivered by H.E
Mr. Ban Ki-moon, United Nations
Secretary General. The theme of
the lecture was ‘India and United
Nations in a Changing World’.
An enlightening experience, the
lecture was chaired by Ambassador
C.R. Gharekhan. The lecture began
with a welcome note by Mr. Rajiv.
K. Bhatia, DG, ICWA; he begun by
congratulating UN on completion of
its 70 years in 2015. Mr. Ban, began
his diplomatic career in New Delhi
and thus said that New Delhi was
his second home, “I left my heart in
New Delhi”, he said. The secretary
general talked on a variety of
issues with special emphasis on
Terrorism, Regional Security, and
status of women in the society
and climate change. India, he said,
can act a facilitator and leader in
peacekeeping in South Asia. His
Excellency stressed on the need for
conserving our environment and
stressed on the need for sustainable
development.
Mr. Ban Ki-moon reinstated
the need to bring in more equality
and provide equal opportunities to
females. UN’s ‘He for She’ campaign
was mentioned and he commended
its success worldwide. He stressed
on the issues of regional security
and cross-border terrorism
where he strongly condemned
the terrorist attacks in Peshawar
and France. He commended India
for its peacekeeping missions
and support to the UN, and
expressed gratitude for India’s
support to UN’s Comprehensive
Global Terrorism Policy. He sees
tremendous potential in India to
achieve sustainable growth, and
stressed that India can play a major
role in dealing with environmental
concerns.
“We are the first generation
that can end poverty. We are also
the last generation that can slow
global warming before it is too late”
said the Secretary General.
Mr. Ban has praised the ‘Make
in India’ campaign and stressed on
transforming it into ‘Make it Green
in India’ campaign. He reiterated
the UN’s goal of DAO- Deliver as
One. He emphasized that the world
community needs to act as one
family to deal with the adversities
ourworldisfacing.Theworldneeds
to minimize its weaknesses and
maximize its strength, “weakness
of one is weakness of all, strength
of one is strength of all”, stated Mr.
Ban Ki-moon.
expected recovery in global growth
is not likely to be accompanied by
the rapid growth in trade flows
observed in the pre-crisis years.
Remittances have
potential to smooth
consumption
A second special feature reports
that remittance flows to many
low- and middle-income countries
are not only significant relative
to GDP but also comparable in
value to foreign direct investment
(FDI) and foreign aid. Since
2000, remittances to developing
countries have averaged about
60 percent of the volume of total
foreign direct investment flows.
For many developing countries,
remittances are the single largest
source of foreign exchange.
The study finds that, in addition
to their considerable volume,
remittances are more stable
than other types of capital flows,
even during episodes of financial
stress. For example, during past
sudden stops, when capital flows
fell on average by 14.8 percent,
remittances increased by 6.6
percent. The stable nature of
remittance flows, the analysis
concludes, means that they can help
smooth consumption in developing
countries, which often experience
macroeconomic volatility.
Modern Ghana
mONDAY | JANUARY 19, 2015
CountryoftheWeek04
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increase in international trade.
The European Union is a vital
trading partner of Morocco. It
has also entered into Free Trade
Agreements with other countries
including the US.
The country extensively
exports agriculture goods (citrus
fruits and market vegetables),
semi processed and consumer
goods (textiles) and phosphate
and phosphate products. Major
importsincludesemimanufactures
and industrial equipment, crude
oil and food products.
The service sector accounts for
over half of the GDP in Morocco,
escorted by sectors like mining,
construction and transport. With a
semi-arid climate, it is difficult to
assure good rainfall and Morocco's
GDP varies depending on the
weather. Fiscal prudence has
allowed for consolidation, with
both the budget deficit and debt
falling as a percentage of GDP.
The economy of Morocco
is a liberal one which works on
the basic principles of demand
and supply. The country has
become a major player in African
economy, and is also recognized
by international institutes, the
Economist Intelligence Unit
ranked Morocco as the 4th best
African country in ‘quality of life
index’ in 2013. Morocco followed
South Africa, Algeria and Tunisia in
the index. The privatization policy
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MOROCCO AT A GLANCE
Full Name: The Kingdom of
Morocco
Population: 32.6 million (UN,2012)
Capital: Rabat
Largest City: Casablanca
Area: 710,850 km2
Major Languages: Arabic, Berber
(official), French, Spanish
Major Religion: Islam
Life Expectancy: 70 years (men),
75 years (women)
Monetary Unit: Dirham
Main Exports: Minerals, seafood
products, citrus fruits
GNI per capita: US $2,970
(World Bank, 2011)
International Dialing Code: +212
planned economic policies and
political and social stability. The
government is continuously
working to expand its economy,
bring in private players to
create more jobs for the
population. The National Pact
for Industrial Emergence (2009-
2015) was introduced to boost
competitiveness and revive its
industries. The main objective
was to create 220,000 new jobs till
2015.
Investing in Morocco
Morocco offers wide scale
investment opportunities, with
world class infrastructure, a
competitive cost structure,
qualified labor force, stable
macroeconomic performances,
and Free Trade Access to
One Billion Consumers. The
government is continuously
endeavoring towards cultivating
its business climate by
introducing mechanisms and
reforms to increase competition,
mend transparency. Business
procedures are simplified to
encourage more and more
businesses to come up.
To speed up the development
of agriculture, fishery, mining,
renewable energy and others the
government has launched various
strategic plans to facilitate strong
and sustainable economic growth.
Hugeinvestmentopportunities
are present in industries viz. Solar
and Wind Energy, Tourism Sector,
Agriculture, Fishing and Retail.
Facilitating the
Economy
Agriculture has been a major
contributing sector to the
economy of Morocco. Agriculture
F
ormally known as the
Kingdom of Morocco, this
North African country is
marked by Rocky Mountains
and large deserts. Its capital is
Rabat, whereas the largest city is
Casablanca. After Spain and France,
Morocco is the only country that
is enclosed by both Atlantic and
Mediterranean ocean.
Morocco has a moderately
stable economy, marked by
macroeconomic stability, and
escorted by low inflation rate.
The ruling classes in Morocco
have vigorously worked
towards solidification of the
economy by bringing together
structural reforms in numerous
fields. The reforms were mostly
intended at liberalizing markets,
increasing competitiveness in
the economy and also to attract
foreign investments. Besides this,
Morocco has made great strides
in all sections of the society by
adopting state of the art protection
measures for trademarks and
copyrights, tightened laws against
privacy and counterfeiting.
The determined efforts of
the government has facilitated
Morocco develop as a major player
in African economies. It is now
the 5th African economy in terms
of GDP (PPP). Recently, Morocco
was also ranked 1st as the most
competitive economy in North
Africa, in the World Economic
Forum’s African Competitiveness
Report, 2014.
Promising Future
Past years were upright for
Morocco, driven mainly by
domestic consumption, public
investmentwithsoundagricultural
progress. Reforms to inspire the
private sector were also reinforced
in 2013. The reforms announced
in early 2000s have facilitated
fast-track the economy. As a result
of these reforms, new industries
like aeronautics and automobiles
found roots in Morocco and now
are one the biggest contributors to
the country’s GDP.
Overall, the business
environment has upgraded
considerably, owing to well-
employs over 4 million people. It
also contributes heavily to the GDP
(14%). Crops like barley, wheat
and other cereals are grown, along
with olives, citrus fruits and wine
grapes which are exported to the
European market. The country
is vigorously developing its
irrigation potential that eventually
will irrigate more than 2.5 million
acres (1 million hectares).
Being one of the few Arab
nations that have the potential to
accomplish self-sufficiency in food,
Morocco’s agriculture potential
could be matched only by a few.
New crops such as tea, tobacco
and soybeans have been tested
on Moroccan soil, and the soil has
been found suitable for such crops.
Fishing is a chief industry
in Morocco, the kingdom is the
largest fish market in Africa.
The Canary current off the west
coast of Morocco are found to be
exceptionally rich in tuna, sardines
and bonito.
Livestock rearing is a common
practice in Morocco. Being already
self-sufficient in meat production,
the country is now aiming towards
becoming self-sufficient in dairy
products as well.
Morocco has made huge paces
in terms of trade. Careful and
well-planned strategies have led
to a reduction in foreign debt and
MOROCCOTHE ARAB STAR
of the government and major
reforms to enhance the business
experience in the country, to bring
in more foreign investment has
played a positive role.
Morocco's sound economic
management in recent years
has generated strong growth
and investment and has assisted
the country pull through the
negative impacts of the global
crisis. Morocco is now addressing
the social problems by reducing
absolute poverty rates, investing
in human capital through quality
education, intensifying access
to drinking water, and linking
rural areas to markets through
investment in roads.
MONDAY | JANUARY 19, 2015
BusinessBuzz 05
Africa.Com to Be FIELD Global Partner
for Harvard Business School
Chamber of Commerce and Industry calls on businesses to unite
The Western Regional Chairman
of the Ghana Chamber of
Commerce and Industry, Mr. Issa
Ouedraogo, has reiterated the
need for the business community
to work together in harnessing
the numerous emerging business
opportunities in the Region.
“We must remember that
job creation; wealth creation;
economic empowerment; and
nation building are all led by
business communities and the
private sector and that is why
it is so important that we come
together as a business community
and make the best use of the
enormous emerging opportunities
VodafoneGhanahasbeenadjudged
the Most Valuable Telecoms Brand
Africa.com is looking forward to
welcoming a team of students
from Harvard Business School this
week. The team of six students
will be in Johannesburg for a week
as part of a required first-year
course at Harvard Business School
called FIELD, which stands for
Field Immersion Experiences for
Leadership Development. Africa.
com is one of 156 FIELD Global
Partners spanning 13 countries
around the world. Together they
will host more than 930 students
in all.
"We are pleased to be working
with Harvard Business School to
provide students with a real-world
learning experience in South Africa
said Teresa Clarke, Chairman and
CEO. "We feel certain that the
students will gather insights here
that they would never be able to
glean from a classroom discussion
alone."
FIELD has three modules that
run through the entire first year
of the two- year MBA program.
The first module focuses on
developing individual leadership
skills through team feedback and
self-reflection. The second focuses
on developing global intelligence
by immersing them in a foreign
country to develop a new product
or service in country for their
Global Partner organization. The
Vodafone Is the
Most Valuable
Telecoms Brand
in Ghana
final module brings all the lessons
together by challenging students
to develop and launch their own
micro-business as part of a small
team back in Boston.
Africa.com executives have
been working with the team
remotely in the months leading
up to their arrival in South
Africa. While in the country,
they will pitch their ideas to
the leadership team, conduct
field research with consumers
around Johannesburg and present
their final recommendations to
management.
Harvard is quick to
acknowledge that this important
learning experience would not
be possible without the Global
Partners.
in Ghana in the Fourth edition
of the Brand Excellence Awards
report put together by Premier
Brands Ghana.
The Awards seek to project the
most consistently excelling and
relevant brands in Ghana and also
put them on the global branding
map.
In the report published a few
weeks ago, Vodafone was the
only telecommunications brand
that made the top 6 together with
around us,” he said in a statement.
Mr. Ouedraogo appealed to
the business community to join
the Chamber and help it grow
in order to promote and protect
local business interests and bring
positive change and improvement
to the Region that has so much
potential.
He said the Sekondi/Takoradi
chapter of the Chamber would
embark on programmes aimed at
making the business community
efficient, effective and profitable:
Mr. Ouedraogo said there
would be some amendments to
the by-laws with regards to the
criteria and qualities required
Tigo unveils
online
television
services
Tigo partners
with Ericsson
to improve
on network
quality
Tigo Rwanda has unveiled
online television services for
4G internet subscribers. The
telecom firm said it had entered
into a partnership with iRokotv,
an online entertainment TV to
provide subscription-based video
entertainment for its 4G clients.
Chantal Umutoni Kagame,
the telecom’s head of corporate
affairs, said this will enable 4G
wireless users unlimited access
to entertainment services from
across the globe. Prepaid
customers will part with Rwf
20,000 monthly for two gigabytes
(GB) of internet data while the
postpaid clients will be paying
Rwf 50,000 and Rwf 215,000 for
4.5 GB and 20 GB respectively.
In addition to that, the clients
will have exclusive access to the
iRokotv service at different rates.
Peter Brunt, iRokotv East
Africa vice president said they
were looking to have more
subscribers accessing African
contentandthattheywereworking
with Rwandan filmmakers on how
they could sell their productions
through the platform. The partners
were optimistic that more people
will use the television service to
increase uptake of 4G internet
services in the country.
Rhee Dongwan, chief
marketing officer of ORN, which
is the wholesaler of 4G LTE to
Tigo, said that as more people
take up the service, the pricing
will ultimately go down. The 4G
technology was commercially
launched in October last
year through a private public
partnership between government
and Korea Telecom (KT) to deploy
a high-speed 4G broadband
network covering 95 per cent
of Rwandans in three years.
Unfortunately, many Rwandans
have not yet been able to take up
the high-speed internet service
mainly because they can barely
afford it.
New Times
Mobile Network Operator, Tigo
has entered into a partnership
with world-class Communications
technology and services provider,
Ericsson, to help manage and
improve its network quality and
service delivery. The strategic
deal will enable Tigo extend
its footprint nationwide and
ensure customer satisfaction by
delivering superior network quality
using Ericsson’s state-of-the-art
technology and experience.
In a recent interview with
the CEO of Tigo Ghana about its
overhead fibre project in Bogoso
in the Western region, Roshi
Motman, touted Ericsson’s
capability and capacity saying:
“Ericsson is recognized world-
wide for their extensive experience
in advising and supporting
telecom operators to secure
network quality and improved
efficiency. Tigo Ghana is going
to leverage on their expertise to
offer our customers a reliable and
seamless network experience”.
She explained that although
like other telecom companies the
network is core to their operations,
companies like Ericsson are
market leaders and renowned
for telecommunications services.
She believes the partnership will
give Tigo Ghana the opportunity
to focus on delivering quality
experience for its customers
and managing the network. “It
will also guarantee network
quality and optimisation which is
crucial for customer experience”
Roshi emphasised. Ericsson will
manage all maintenance and
operations of Tigo Ghana’s active
network among others.
Modern Ghana
the Daily Graphic, Toyota Ghana,
Melcom and Total Petroleum
Ghana.
This recognition follows
a consistent performance in
the National Communications
Authority’s (NCA) monthly
telecoms report which recognises
Vodafone as having made the most
inroads in increasing subscriber
base with a current base of more
than 7million subscribers.
Commenting on this, Agnes
Emefa-Essah, Marketing Director
at Vodafone Ghana said:
“Our brand is one of our most
valuable assets as a company.
It is what mobilises customers
to benefit from the unmatched
experience we provide. This
recognition goes to show the hard
work we always put in to ensure
we are consistent with what we
provide to the customer – the
most important beneficiary of
our service. We will continue
to be committed to excellence,
leadership, customer satisfaction
"We are extremely grateful to
Africa.com and all the FIELD Global
Partner organizations for all they
do on behalf of our students," said
Professor Tony Mayo, the faculty
head of FIELD. "The students
benefit immeasurably from this
experience and we hope the
partner organizations do as well."
Distributed by African Media
Agency (AMA) on behalf of Africa.
com
About Africa.com
Africa.com is the leading Africa-
related website with more than
one million views every month
from people in over 200 countries
& territories. Our signature
product is the Africa.com Top10
- we read all the Africa news so
that you don't have to. We curate
and summarize the top ten African
news stories of the day and of the
week. Africa.com is also a one stop
shop to help Africans put their
ideas onto mobile websites easily
and affordably.
For companies and bloggers who
want to showcase their African
identity as part of their website
address. With offices in South
Africa, Nigeria and the United
States, Africa.com is dedicated to
changing the way the world sees
Africa.
Modern Ghana
and be a model for others in the
sector”.
Vodafone’s rise to the top and
dedicationhasalsobeenrecognised
by a host of other organisations;
for instance, the company won
the CIMG’sTelecommunications
Company of the Year in 2014
and also won the Best Television
Programme of the Year at the
same awards with its ‘Healthline’
programme.
Other awards won last year
included Mobile Broadband
Internet of the Year; Telecom
Wholesale Provider of the Year;
Best Use of Social Media; and
Mobile Operator of the Yearat the
Mobile Awards.
The company’s enterprise
arm - Vodafone Business Solutions
–also picked up the Telecom
Business Service of the Year; while
the Vodafone Red product was
adjudged Marketing Campaign
of the Year–at the same awards
ceremony.
Modern Ghana

Teresa Clarke, Chairman and
CEO, Africa.com
for electing executives and build
a working relationship with the
Ministry of Trade and Industries,
Association of Ghana Industries,
National Board of Small Scale
Industries, Association of Small
Scale Industry, Sekondi-Takoradi
Metropolitan Assembly and the
Regional Coordinating Council
(RCC) to help improve business
operations.
He said the Chamber would
also work at rebuilding trust
and confidence and expand
membership of the business
community, foster greater
confidence between the donor
community and the Chamber
of Commerce and Sekondi-
Takoradi, and support members
with credible business profiles
and bankable business plans
to get financial assistance from
international banks.
The Chamber Chairman
added that 2015 should serve
as reawakening of the Region's
Chamber for best business results.
Modern Ghana
mONDAY | JANUARY 19, 2015
FRANKLY SPEAKING06
By kirit sobti,
editor, iat
editor@indoafricatimes.com
A
frica is prodigious untapped telecommunica-
tions market. Mobile commerce and the role of
mobile in health and education are also
significant growth opportunities.
No wonder, Africa presents great opportunities
in the telecom sector. The liberalisation of the
sector, the prolongation of services by multinational
corporations and the active competition currently
in place in the sector have all backed to the telecom
revolution.
Since the procedures of liberalisation and
privatisation have been taken into attention
by African countries such as Uganda, Tanzania,
Nigeria, the Sudan, South Africa and Kenya, their
telecommunication infrastructures have enhanced
significantly. Many African governments have
developed their telecommunication infrastructure by
privatising their former state-owned enterprises.
As a result, the telecom sector in the African
sector has opened up new panoramas of business
opportunities. Africa has been the fastest-growing
mobile market in the world during the past five years.
There are now more than 82 million mobile users
in Africa: Nigeria's mobile market is mounting at over
100% per year. Mobile telephony has an optimistic
and noteworthy impression on economic growth, and
this impression may be twice as large in developing
countries as in developed countries.
That mobile phone use is budding faster in Africa
than anywhere else shouldn't come as much of a
surprise, given a moment's thought. Only 6 per cent
of African citizens owned a mobile phone in 2004, so
as prices drop (and low-cost phones made for the
developing world come to market), there's a huge
potential market available. In Asia, North America
and Europe, on the contrary, mobile phone use
approaches saturation, so any remaining growth
will be far slower. With foreign telecommunications
companies making billions of dollars from projects
in Africa, governments on the continent are now
applying guidelines that necessitate contractors to
source 30 percent of labor or supplies from local
companies.
What this means is that foreign telecom
companies will not be able to bid for telecom
contracts without associating with local telecom
companies. Kenya and Zambia are the first to
implement such regulations. The rules are anticipated
to affect Chinese companies, including Huawei
Technologies and ZTE, which have been captivating
most of the big telecom contracts in Africa.
Both the Zambian and Kenyan governments
say the regulations are intended at enhancing local
capacity and encouraging knowledge transfer to local
contractors that have been fighting for a share of the
thriving telecom sector in the region.
Over the past few years, local telecom companies
in Africa have been pressed by swelling competition
from foreign rivals. The problem has been lack of
skilled manpower by local firms and lack of financial
muscle, in the face of foreign companies that have
abundant cash and hire highly skilled workers.
Corruption is also a matter of concern. Well-
funded foreign telecom companies counting Huawei,
ZTE and Siemens have been charged and in some
cases sentenced on corruption charges in African
CONNECTIVITY IS
EMPOWERMENT
Dr. Eugene Juwah
Executive Vice Chairman,
Nigerian Communications
Commission (NCC)
Mr. John Sculley
Co-founder and managing
partner at Inflexionpoint &
former Apple CEO
South African government plans to sell
assets to raise money for supporting
state companies like power utility
Eskom Holdings SOC Ltd. The plan is to
sell land assets, other tangible assets
and shares in public companies to raise
more than $7.4 Billion to support the
state owned companies.
“The government is going
down this path reluctantly, with
its back against the fiscal wall, and
it remains wedded to the idea of
a ‘‘developmental state’’ in which
state-owned enterprises are used to
further a host of social and economic
development objectives,” Barclays said
in a statement.
The 14 per cent stake in Vodacom
Group Ltd (VOD) and 40 per cent
in Telkom SA SCO Ltd. (TKG) are
expected to sell quicker than others.
The move is a part of South Africa’s
plans to contain debt and reduce fiscal
deficit in the next three years. State
owned companies which are struggling
to keep up with the growing economy
will be provided help, for instance
the Eskom will be given a grant of 20
billion rands raised through the sale of
assets.
2014 saw large number of
blackouts by Eskom, which is the
largest electricity provider in South
Africa. The company warned that
there are chances of more blackouts
in the near future. The power supplies
will also be affected as the company
is in the process of generating new
production facilities.
These asset sales are expected
to help the state owned companies
like Eskom. These sales are the first
major asset sale after 2003, when
the government sold 25 per cent
of Telkom, the telecommunication
company for 3.9 billion rand. Plans are
to keep the debt at less than 50 per
cent of GDP and the lower the budget
deficit to 2.6 per cent from 4.1 per
cent. The government also owns some
stakes in corporations like Kumba Iron
Ore Ltd. (KIO), Sasol Ltd. (SOL), Sappi
Ltd. (SAP) and Life Healthcare Group
Holdings Ltd. (LHC), which are also
expected to be included in the sale.
South Africa to sell
assets to support State
Owned Enterprises
It is critical for local companies
to have a significant role in
the provision of services and
supply of materials to the
telecommunications industry, if
we must develop the industry in
Nigeria on a sustainable basis
over the long term and provide
more employment opportunities
for Nigerians.
The absolute
majority of the
big government
telecom
projects in
Africa are
sponsored by
China through
loans whose
conditions are
that supply
and installation
contracts
are given
to Chinese
companies.
courts. The new regulations in Zambia and Kenya
necessitate that telecom contract-award dealings
include a weighting methodology that gives
preference to local contractors and those partly
owned by Kenyans.
Nevertheless, the absolute majority of the big
government telecom projects in Africa are sponsored
by China through loans whose conditions are that
supply and installation contracts are given to Chinese
companies. It is not clear how the new regulations will
affect these loans from China.
The Zambian government has already prescribed
the guidelines while in Kenya the regulations
are expected to be enforced shortly. The Kenyan
government is in the process of conferring multi-
million dollar tenders for Biometric Identification
Cards and the construction of a 4G telecom network
in the country. The new regulations are expected to
ensure that local companies benefit from these two
tenders. On the other hand, mobile operators across
Africa are becoming progressively concerned about
the fame of overseas-hosted over-the-top (OTT)
services eating into their potential to monetise traffic
as the number of smartphones and data packages
grows.
The issue has been progressively coming to the
fore over recent months, and was debated between
a panel of pan-African operators including Airtel,
Orange, MTN, and Millicom as well as Facebook's
vice president for Internet.org, Chris Daniels, at the
AfricaCom conference in Cape Town.
The debate around OTT services kicked off in
earnest when South African operators Vodacom and
MTN both spoke out about their fear that they are
being cut out of the value chain for data services like
WhatsApp and Facebook in a way that could weaken
investment in growing network reach. Facebook's
Daniels denied rumours from the Mobile World
Congress trade show earlier in the year that the
company's position was to force operators into being
"just pipes".
"Operators must be able to make money with more
people coming online or they won't be able to invest
in infrastructure to provide connectivity," Daniels said.
"We need to do something to help operators to
continue to earn and grow. [If] operators can't create
the next big OTT, we can't create a global connectivity
network."
Internet.org launched its free suite of apps
in Kenya, via a partnership with Airtel. The suite
includes zero-rated access to BBC News, Facebook,
Wikipedia, and health advice for ebola prevention
and maternal care. Internet.org is already available in
Tanzania and Zambia.
CEO of MTN South Africa Ahmad Farroukh says
that as voice revenues fall, network operators cannot
surrender the facility to monetise data services or
they will be unable to afford the investment needed to
extend networks to rural areas.
"We're not talking about blocking social networks,"
Farroukh said. "We want cooperation which is in
benefit to our organisations and our stakeholders...
Connectivity is empowerment in a continent like
Africa... It can be a win-win. It doesn't have to be the
evil operators who want to make money against the
good guys," who give everything away for free.
The debate is not helped, Farroukh recommended,
by the fact that big US tech companies who profit
from mobile ads on their services pay little or no tax
in African countries and aren't burdened with the
country's high costs of regulation. In many countries
on the continent, import duties on consumer
electronics like handsets is as high as 40 percent, with
VAT added on top. That makes propositions like a $50
smartphone - which MTN has in the form of its Steppa
The African markets present
a huge opportunity for new
smartphone devices, with a
growing population of technology
and fashion-savvy youth.
Consumers today want the
best feature-rich smartphone
experience at desirable price
points, without compromising on
quality.
- difficult to produce and make a profit.
"To lay a kilometre of fibre in much of
rural Africa, it costs more in licensing fees
than the fibre and equipment, because
costing models for government are
outdated," Farroukh said.
Executive vice president of Orange in
Africa, Marc Rennard, says that ultimately
the operators and OTT services must work
together. "We all have the same idea, which
is to improve connectivity around the
world and in Africa. Even if connectivity is
improving, the absolute number of poor
people is increasing. We need to improve
affordability, lower the cost of handsets, and
fight against taxation," he said.
MONDAY | JANUARY 19, 2015

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Volume 2 issue 3

  • 1. Visit www.agsmovers.com to view our 128 locations worldwide I N T E R N A T I O N A L M O V E R S AGS FOUR WINDS NEW DELHI D 84/2 Okhla Industrial area Ph - 1 New Delhi 110 020 T. +91 98 11 11 00 61 / +91 11 43 36 73 00 E. ags-delhi@agsfourwinds.com Market leader for international removal services in India and Africa. www.indoafricatimes.com MONDAY | JANUARY 19, 2015 Title Code: DELENG18579 • RNI NO: DELENG/2014/54666 • Postal Registration No.: DN/325/2014-2016 • VOL. 2 • NO. 3 • Page 12 • Price `10 pg10 pg 04 pg 02 pg 07 pg 11 Continued to page 03 MOROCCO: THE ARAB STAR UTOPIA ON EARTH: Sikkim A Response to Ebola by Hawa Kamara T he United Nations Secretary General, Mr. Ban Ki-moon, was on a three-day visit to India from 10-13 January, 2015. His visit could be seen as an effort to strengthen India-UN ties. The first stop of Mr. Ban’s visit was Gujarat. Mr. Secretary General was in Gujarat to address the 7th Vibrant Gujarat Summit. He stressed the need for a global action in 2015, urged all the world leaders to come together and work for the future of this planet. He exclaimed that 2015 is the “most important and crucial for humanity”. On his first day in Gujarat, Mr. Ban visited the Gandhi Ashram at Sabarmati and pledged a commitment to Gandhian principles of tolerance, peace and non-violence. Secretary General, praised the diversity of the country and remarked that India is “a large, diverse and vibrant democracy- to be a champion of the rights, dignity and equality of all people.” In his address at the Vibrant Gujarat Summit, he urged the world leaders to follow Gandhian principles, “ I sincerely hope, all world and business leaders and people will be inspired by Gandhi ji’s visions and teachings I sincerely hope, all world and business leaders and people will be inspired by Gandhi ji’s visions and teachings.” “Mahatma Gandhi preached and followed the message of peace, non-violence and communal harmony. It is a common value that the United Nations promotes and asks leaders near and far to put into practice- from here in Gujarat to the world”, he said. 2015, is the last year for the completion of Millennium Development Goals, and Mr. Ban stressed on the need to actively participate in world affairs this year. The year marks the 70th anniversaryofUN,andMr.Banplanstodraftapost-2015agendafor Ban Ki-moon Praises Modi President urges ANC to return to "core values" South Africa have come of age-Sports Minister
  • 2. Wassupafrica02 Draft Road Map for Ebola Vaccine Development A draft road map for the expedited development, testing, manufacture, delivery and financing of Ebola vaccines has been published by a global group of experts supported by the Wellcome Trust. The development and delivery of safe and effective vaccines would make a huge contribution to containing Ebola in Guinea, Liberia and Sierra Leone, as well as improving responses to future outbreaks and providing a model for vaccine development against other emerging infectious disease, the expert group has concluded. The panel of 26 international experts, convened by the Wellcome Trust and the Centre for Infectious DiseaseResearchandPolicy(CIDRAP) at the University of Minnesota, explains howthesubstantialscientific,financial, social and logistical challenges to rapid Ebola vaccine development and deployment can be overcome through collaboration between governments, industry and philanthropic bodies. It highlights the potential need for multiple Ebola vaccines with different characteristics, which might enable different vaccination strategies such as ring-vaccination to prevent an outbreak from spreading, and prophylactic vaccination of high- risk individuals such as healthcare workers. The recommendations are made in the interim report of Team B, which is co-chaired by Dr Jeremy Farrar, Director of the Wellcome Trust, and Professor Michael Osterholm, Director of CIDRAP. The group is called “Team B” in recognition of the principal role played by the World Health Organisation and national governments in leading the international Ebola response. S.African president urges ANC to return to "core values" S outh Africa's President Jacob Zuma said the ruling African National Congress needs to get back to its core values and fight corruption in its own ranks. "We are here to serve the people, the people are not here to serve us," said Zuma, who heads the ANC as it moves into its 21st year in power. "Let us re-dedicate ourselves tothecorevaluesoftheANC,which include discipline, selflessness and constructive criticism," he added during celebrations to mark the movement's 103rd birthday. His party has been buffeted by attacks on the left from extremist movements spurred by millions of disillusioned South Africans, left behind in the country's post- apartheid era, who accuse their leaders of bad governance. Zuma said his party needs to do a better job of managing the country and battling corruption, starting at the local level. "Every single cadre of our movement must know that his or her responsibility is to make local government function better by getting the basics right," said Zuma. "The ANC must continue to lead in ending corruption in the state, the private sector and amongst our own members," he added. The scandal-prone Zuma has been accused of spending $23 million (over 19 million euros) in state cash on a lavish Dr Jeremy Farrar, Director of the Wellcome Trust and co-chair of Team B, said: “As Guinea, Liberia and Sierra Leone make encouraging progress in containing Ebola, we must not lose sight of the immense contribution that a safe and effective vaccine would make towards controlling both this and future epidemics. We need urgent global collaboration between governments, industry and philanthropy to ensure candidate vaccines progress through trials to manufacture and delivery as swiftly as possible. “The draft road map we publish today, agreed by a global group of experts, offers solutions to the great scientific, social, logistical and financial challenges of delivering an Ebola vaccine on this urgent timescale. It is a living document that will evolve as we learn more about Ebola and the candidate vaccines that are available. As well as being of great value in the present crisis, it will enable vaccine strategies to begin without delay in future outbreaks, and provide a model for vaccine development in response to other emerging infectious diseases.” The Wellcome Trust is a global charitable foundation dedicated to improving health. The Wellcome Trust has provided approximately £10 million funding in response to the Ebola epidemic, which has enabled unparalleled international collaboration across the public, private and not-for- profit sectors to tackle the crisis. This includes trials of potential vaccines and treatments, in addition to public health, social and humanitarian research. Modern Ghana Rusumo one-stop border launched The One-Stop Border Post (OSBP) project that will eliminate tedious customs and immigration clearing procedures on the Rwanda Tanzania border has been completed. It was launched by the Ministry of Infrastructure and the Tanzania National Roads Agency. The project consists of a 80-mitre- long and 13.5-mitre wide bridge, an administration building, verification storage, control shed for vehicle, guard house, and a parking yard for trucks. A two-kilometre road that links the two OSBP facilities in Rwanda and Tanzania has also been built. The two-lane bridge with capacity to support 180 tons, replaced the old one that was built 40 years ago to handle only 53 tons. The new bridge will also increase the speed limit from five to 30km per hour. It was constructed by the Japanese Contractor, DAIHO Corporation, under the supervision of a consortium of consultant companies comprising CHODAI and NIPPON KOEI, also from Japan. The government of Japan, through Japan International Cooperation Agency (JICA) financed the project to the tune of Rwf22 billion as financial support to the Republic of Rwanda and the United Republic of Tanzania. Japanese Ambassador to Rwanda, Kazuya Ogawa, JICA President Akihiko Tanaka, the Minister of Infrastructure James Musoni and John Mongella, the Tanzania commissioner for Akagera region attended the launch. Musoni said that the OSBP will eliminate traffic congestion, improve efficiency in cargo transportation, cut costs and generally facilitated faster movement of goods. The Rusumo border is located on the Central Corridor, one of the leading trade routes in Africa. “We are grateful for the good cooperation between Japan and Rwanda. The two nations [Rwanda and Tanzania] will benefit a lot from the project. The one stop border system is important…it is capable of simultaneously handling departure and entry procedures at border points to eliminate the snag of economic corridors,” said Musoni. The Japanese delegation hailed the cooperation between Rwanda and Japan, noting that it quickened the completion of the project. “It is critical to develop regional infrastructure that enhance connectivity among countries… cross-border infrastructure promotes regional integration,” said JICA President Akihiko Tanaka. The project will be replicated at all the border posts in the region to ease intra-regional trade and accelerate economic integration. New Times refurbishment of his private residence, though the so-called Teflon president — 'nothing sticks' — has weathered other storms before. The president, who was sworn in for second term in May, also repeated his commitment to accelerate a reform of racist apartheid-era land policies. A 1913 law gave non-white residents access to only 10 percent of the country's farmland, which was subsequently revised upward to 13 percent. The rule put in place a system that still sees a majority of the best land in white hands. A law that would redistribute fields more equitably will be voted on this year, Zuma announced, repeating there will be no appropriation of land without compensation. Firebrand leader and former Zuma ally Julius Malema, whose radical movement won over six percent of the vote in May elections, has continually called for evicting white farmers. "We must continuously guard against the manipulation of our democratic processes by those among us who wish to use the ANC for personal gain and self- aggrandisement," Zuma said. Modern Ghana Huye set to unveil Rwf4.5 billion Bus Park Huye District is set to acquire a state-of-the-art bus park in an investment officials believe will help transform the image of the district and boost the transport sector. The park, which is being constructed just at the entrance of Huye town, is set to be unveiled by the end of February, according to the developers. The Rwf4.5 billion facility is an investment by the Kigali Veteran Cooperative Society (KVCS), a cooperative that brings together retired soldiers and members of the Reserve Force. The park described by many as ‘possibly the most modern car park in Rwanda’, will have a parking capacity of at least 200 vehicles. It will include three parking areas, several multi-storied commercial buildings with at least 81 shops, restaurants, administration blocks, hotel, a petrol station, car wash and internet cafes, among others. It will also be equipped with surveillance cameras for enhanced security as well as hi-speed wi-fi for travellers. Construction activities for the first phase which comprises most of the facilities, are already in their final phase. The second and last phase will see the construction of a four-storey building which will house shops as well as a hotel. Huye District mayor Eugene Kayiranga Muzuka told The New Times that once complete, the car park will help boost the economy of the district while at the same time mainstream the transport sector. New Times  South African President Jacob Zuma (C) waves at the crowd as he arrives to attend the African National Congress MONDAY | JANUARY 19, 2015
  • 3. Wassupafrica 03 FROM PAGE 01 G ains from low oil prices can be substantial for d e v e l o p i n g - c o u n t r y importers if supported by stronger global growth, says a World Bank Group analysis of the oil price decline, contained in the latest edition of Global Economic Prospects. The decline in oil prices reflects a confluence of factors, including several years of upward surprises in oil supply and downward surprises in demand, receding geopolitical risks in some areas of the world, a significant change in policy objectives of the Organization of the Petroleum Exporting Countries (OPEC), and appreciation of the U.S. dollar. Although the relative strength of the forces driving the recent plunge in prices remains uncertain, supply related factors appear to have played a dominant role. Soft oil prices are expected to persist in 2015 and will be accompanied Most Developing Countries Will Benefit from Oil Price Slump, Says World Bank Group The Bank of Ghana has served notice a Gh¢ 400 million, seven-year domestic bond will be issued in April. The move is to use longer-term maturities to restructure the central bank’s rising debt. According to the BoG’s issuance calendar, a total of 25.4 billion cedis ($7.88 billion) in domestic securities is expected to be raised before July. Ghana issued its debut seven-year domestic bond in August 2013 and held a similar auction three months later with an 18 percent yield. The bank will also issue five-year bonds in March and June to raise 440 million cedis each, and three-year paper worth 630 million cedis each in February and May to roll over maturing debts. The government did not issue a seven-year bond last year as it wanted Ghana to Issue GHC400m 7-Yr Domestic Bond in April to avoid a spike in yields following a slump in the local currency. “The Treasury Bills and Notes (91-Day Treasury Bills – 2-Year Notes) are short term debt securities. Issuance decisions will be made weekly depending on Government’s projected daily cash position for the week ahead. It is envisaged to issue at least GH¢880 Million of Treasury Bills and Notes weekly at all times to support government liquidity requirements which will include the redemption/ rollover of maturing securities for the week,” the issuance notice signed by Caroline Otoo, Secretary of the BoG said. The Mahama-led administration is currently before the International Monetary Fund for a bailout to salvage the ailing economy. Modern Ghana by significant real income shifts from oil-exporting to oil-importing countries. For many oil-importing countries, lower prices contribute to growth and reduce inflationary, external, and fiscal pressures. However, weak oil prices present significant challenges for major oil-exporting countries, which will be adversely impacted by weakening growth prospects, and fiscal and external positions. If lower oil prices persist, they could also undermine investment in new exploration or development. For policymakers in oil-importing developing countries, the fall in oil prices provides a window of opportunity to undertake fiscal policy and structural reforms as well as fund social programs. In oil-exporting countries, the sharp decline in oil prices is a reminder of significant vulnerabilities inherent in highly concentrated economic activity and the necessity to reinvigorate efforts to diversify over the medium and long term, said Ayhan Kose, Director of Development Prospects at the World Bank. The analysis on oil prices in Global Economic Prospects is complemented by two special features on how trends in global trade and remittance flows are impacting developing countries. Global trade weak on cyclical and long-term factors. Global trade expanded by less than 3.5 percent in 2012 and 2013, well below the pre-crisis average annual rate of 7 percent, holding back developing country growth in recent years. Weak demand, mainly in investment but also in consumer demand, is one of the main causes of the deceleration in trade growth. With high-income countries accounting for some 65 percent of global imports, the lingering weakness of their economies five years after the crisis suggests that weak demand continues to adversely impact the recovery in global trade. However, long-term trends have also slowed trade growth, including the changing relationship between trade and income. The analysis finds that these long-term factors affecting trade will also shape the behavior of trade flows in the years ahead in particular, that the sustainable development, and also talks are in place to take conclusive actions on climate change. Mr. Ban wants to make 2015 the milestone year when the world will strive hard towards the ambitious dreams to end poverty, inequality and exploit the opportunities that accompany climate change. This year, Mr. Secretary General also wants to focus on fighting terrorism and security issues faced by the world. In the recent address to UN General Assembly, he stressed on the need for disarmament. Nuclear weapons though supposed to be a deterrent to war are a major threat to the peace and stability of the world. Peace and security are difficult to achieve in a world with nuclear weapons. On his visit to Gujarat, Mr. Ban Ki-moon also inaugurated the Canal Top Solar Power Plant, “I saw more than glittering panels- I saw the future of India and the future of our world. I saw India’s bright creativity, ingenuity and cutting- edge technology”, he said while praising India. Mr. Ban was full of praises for the Indian PM, Shri. Narendra Modi. He commended India for making considerable progress in fulfilling the MDGs. Mr. Ban commended India for its support to the international agency, “I applaud India for its commitment to United Nations.” His next stop in India was New Delhi, where Mr. Ban Ki-moon delivered a lecture at the Indian Council of World Affairs. The thirteenth annual UN-lecture at Sapru House was delivered by H.E Mr. Ban Ki-moon, United Nations Secretary General. The theme of the lecture was ‘India and United Nations in a Changing World’. An enlightening experience, the lecture was chaired by Ambassador C.R. Gharekhan. The lecture began with a welcome note by Mr. Rajiv. K. Bhatia, DG, ICWA; he begun by congratulating UN on completion of its 70 years in 2015. Mr. Ban, began his diplomatic career in New Delhi and thus said that New Delhi was his second home, “I left my heart in New Delhi”, he said. The secretary general talked on a variety of issues with special emphasis on Terrorism, Regional Security, and status of women in the society and climate change. India, he said, can act a facilitator and leader in peacekeeping in South Asia. His Excellency stressed on the need for conserving our environment and stressed on the need for sustainable development. Mr. Ban Ki-moon reinstated the need to bring in more equality and provide equal opportunities to females. UN’s ‘He for She’ campaign was mentioned and he commended its success worldwide. He stressed on the issues of regional security and cross-border terrorism where he strongly condemned the terrorist attacks in Peshawar and France. He commended India for its peacekeeping missions and support to the UN, and expressed gratitude for India’s support to UN’s Comprehensive Global Terrorism Policy. He sees tremendous potential in India to achieve sustainable growth, and stressed that India can play a major role in dealing with environmental concerns. “We are the first generation that can end poverty. We are also the last generation that can slow global warming before it is too late” said the Secretary General. Mr. Ban has praised the ‘Make in India’ campaign and stressed on transforming it into ‘Make it Green in India’ campaign. He reiterated the UN’s goal of DAO- Deliver as One. He emphasized that the world community needs to act as one family to deal with the adversities ourworldisfacing.Theworldneeds to minimize its weaknesses and maximize its strength, “weakness of one is weakness of all, strength of one is strength of all”, stated Mr. Ban Ki-moon. expected recovery in global growth is not likely to be accompanied by the rapid growth in trade flows observed in the pre-crisis years. Remittances have potential to smooth consumption A second special feature reports that remittance flows to many low- and middle-income countries are not only significant relative to GDP but also comparable in value to foreign direct investment (FDI) and foreign aid. Since 2000, remittances to developing countries have averaged about 60 percent of the volume of total foreign direct investment flows. For many developing countries, remittances are the single largest source of foreign exchange. The study finds that, in addition to their considerable volume, remittances are more stable than other types of capital flows, even during episodes of financial stress. For example, during past sudden stops, when capital flows fell on average by 14.8 percent, remittances increased by 6.6 percent. The stable nature of remittance flows, the analysis concludes, means that they can help smooth consumption in developing countries, which often experience macroeconomic volatility. Modern Ghana mONDAY | JANUARY 19, 2015
  • 4. CountryoftheWeek04 Advertisement please email to ads@indoafricatimes.com or call at +91 8595166674 +91 9350564995 To book your increase in international trade. The European Union is a vital trading partner of Morocco. It has also entered into Free Trade Agreements with other countries including the US. The country extensively exports agriculture goods (citrus fruits and market vegetables), semi processed and consumer goods (textiles) and phosphate and phosphate products. Major importsincludesemimanufactures and industrial equipment, crude oil and food products. The service sector accounts for over half of the GDP in Morocco, escorted by sectors like mining, construction and transport. With a semi-arid climate, it is difficult to assure good rainfall and Morocco's GDP varies depending on the weather. Fiscal prudence has allowed for consolidation, with both the budget deficit and debt falling as a percentage of GDP. The economy of Morocco is a liberal one which works on the basic principles of demand and supply. The country has become a major player in African economy, and is also recognized by international institutes, the Economist Intelligence Unit ranked Morocco as the 4th best African country in ‘quality of life index’ in 2013. Morocco followed South Africa, Algeria and Tunisia in the index. The privatization policy Advertiser's Index AGS Four Winds..............0 Page 01 Chadha Power .................0Page 02 Prime Group......................Page 03 Emat Africa.......................Page 08 Mill India Ltd. ...................0Page 10 Laxmi Publications ..........0Page 11 ISIC ..................................0Page 11 Prakash Ameusment .......0Page 11 Agritec Africa ................... Page 12 MOROCCO AT A GLANCE Full Name: The Kingdom of Morocco Population: 32.6 million (UN,2012) Capital: Rabat Largest City: Casablanca Area: 710,850 km2 Major Languages: Arabic, Berber (official), French, Spanish Major Religion: Islam Life Expectancy: 70 years (men), 75 years (women) Monetary Unit: Dirham Main Exports: Minerals, seafood products, citrus fruits GNI per capita: US $2,970 (World Bank, 2011) International Dialing Code: +212 planned economic policies and political and social stability. The government is continuously working to expand its economy, bring in private players to create more jobs for the population. The National Pact for Industrial Emergence (2009- 2015) was introduced to boost competitiveness and revive its industries. The main objective was to create 220,000 new jobs till 2015. Investing in Morocco Morocco offers wide scale investment opportunities, with world class infrastructure, a competitive cost structure, qualified labor force, stable macroeconomic performances, and Free Trade Access to One Billion Consumers. The government is continuously endeavoring towards cultivating its business climate by introducing mechanisms and reforms to increase competition, mend transparency. Business procedures are simplified to encourage more and more businesses to come up. To speed up the development of agriculture, fishery, mining, renewable energy and others the government has launched various strategic plans to facilitate strong and sustainable economic growth. Hugeinvestmentopportunities are present in industries viz. Solar and Wind Energy, Tourism Sector, Agriculture, Fishing and Retail. Facilitating the Economy Agriculture has been a major contributing sector to the economy of Morocco. Agriculture F ormally known as the Kingdom of Morocco, this North African country is marked by Rocky Mountains and large deserts. Its capital is Rabat, whereas the largest city is Casablanca. After Spain and France, Morocco is the only country that is enclosed by both Atlantic and Mediterranean ocean. Morocco has a moderately stable economy, marked by macroeconomic stability, and escorted by low inflation rate. The ruling classes in Morocco have vigorously worked towards solidification of the economy by bringing together structural reforms in numerous fields. The reforms were mostly intended at liberalizing markets, increasing competitiveness in the economy and also to attract foreign investments. Besides this, Morocco has made great strides in all sections of the society by adopting state of the art protection measures for trademarks and copyrights, tightened laws against privacy and counterfeiting. The determined efforts of the government has facilitated Morocco develop as a major player in African economies. It is now the 5th African economy in terms of GDP (PPP). Recently, Morocco was also ranked 1st as the most competitive economy in North Africa, in the World Economic Forum’s African Competitiveness Report, 2014. Promising Future Past years were upright for Morocco, driven mainly by domestic consumption, public investmentwithsoundagricultural progress. Reforms to inspire the private sector were also reinforced in 2013. The reforms announced in early 2000s have facilitated fast-track the economy. As a result of these reforms, new industries like aeronautics and automobiles found roots in Morocco and now are one the biggest contributors to the country’s GDP. Overall, the business environment has upgraded considerably, owing to well- employs over 4 million people. It also contributes heavily to the GDP (14%). Crops like barley, wheat and other cereals are grown, along with olives, citrus fruits and wine grapes which are exported to the European market. The country is vigorously developing its irrigation potential that eventually will irrigate more than 2.5 million acres (1 million hectares). Being one of the few Arab nations that have the potential to accomplish self-sufficiency in food, Morocco’s agriculture potential could be matched only by a few. New crops such as tea, tobacco and soybeans have been tested on Moroccan soil, and the soil has been found suitable for such crops. Fishing is a chief industry in Morocco, the kingdom is the largest fish market in Africa. The Canary current off the west coast of Morocco are found to be exceptionally rich in tuna, sardines and bonito. Livestock rearing is a common practice in Morocco. Being already self-sufficient in meat production, the country is now aiming towards becoming self-sufficient in dairy products as well. Morocco has made huge paces in terms of trade. Careful and well-planned strategies have led to a reduction in foreign debt and MOROCCOTHE ARAB STAR of the government and major reforms to enhance the business experience in the country, to bring in more foreign investment has played a positive role. Morocco's sound economic management in recent years has generated strong growth and investment and has assisted the country pull through the negative impacts of the global crisis. Morocco is now addressing the social problems by reducing absolute poverty rates, investing in human capital through quality education, intensifying access to drinking water, and linking rural areas to markets through investment in roads. MONDAY | JANUARY 19, 2015
  • 5. BusinessBuzz 05 Africa.Com to Be FIELD Global Partner for Harvard Business School Chamber of Commerce and Industry calls on businesses to unite The Western Regional Chairman of the Ghana Chamber of Commerce and Industry, Mr. Issa Ouedraogo, has reiterated the need for the business community to work together in harnessing the numerous emerging business opportunities in the Region. “We must remember that job creation; wealth creation; economic empowerment; and nation building are all led by business communities and the private sector and that is why it is so important that we come together as a business community and make the best use of the enormous emerging opportunities VodafoneGhanahasbeenadjudged the Most Valuable Telecoms Brand Africa.com is looking forward to welcoming a team of students from Harvard Business School this week. The team of six students will be in Johannesburg for a week as part of a required first-year course at Harvard Business School called FIELD, which stands for Field Immersion Experiences for Leadership Development. Africa. com is one of 156 FIELD Global Partners spanning 13 countries around the world. Together they will host more than 930 students in all. "We are pleased to be working with Harvard Business School to provide students with a real-world learning experience in South Africa said Teresa Clarke, Chairman and CEO. "We feel certain that the students will gather insights here that they would never be able to glean from a classroom discussion alone." FIELD has three modules that run through the entire first year of the two- year MBA program. The first module focuses on developing individual leadership skills through team feedback and self-reflection. The second focuses on developing global intelligence by immersing them in a foreign country to develop a new product or service in country for their Global Partner organization. The Vodafone Is the Most Valuable Telecoms Brand in Ghana final module brings all the lessons together by challenging students to develop and launch their own micro-business as part of a small team back in Boston. Africa.com executives have been working with the team remotely in the months leading up to their arrival in South Africa. While in the country, they will pitch their ideas to the leadership team, conduct field research with consumers around Johannesburg and present their final recommendations to management. Harvard is quick to acknowledge that this important learning experience would not be possible without the Global Partners. in Ghana in the Fourth edition of the Brand Excellence Awards report put together by Premier Brands Ghana. The Awards seek to project the most consistently excelling and relevant brands in Ghana and also put them on the global branding map. In the report published a few weeks ago, Vodafone was the only telecommunications brand that made the top 6 together with around us,” he said in a statement. Mr. Ouedraogo appealed to the business community to join the Chamber and help it grow in order to promote and protect local business interests and bring positive change and improvement to the Region that has so much potential. He said the Sekondi/Takoradi chapter of the Chamber would embark on programmes aimed at making the business community efficient, effective and profitable: Mr. Ouedraogo said there would be some amendments to the by-laws with regards to the criteria and qualities required Tigo unveils online television services Tigo partners with Ericsson to improve on network quality Tigo Rwanda has unveiled online television services for 4G internet subscribers. The telecom firm said it had entered into a partnership with iRokotv, an online entertainment TV to provide subscription-based video entertainment for its 4G clients. Chantal Umutoni Kagame, the telecom’s head of corporate affairs, said this will enable 4G wireless users unlimited access to entertainment services from across the globe. Prepaid customers will part with Rwf 20,000 monthly for two gigabytes (GB) of internet data while the postpaid clients will be paying Rwf 50,000 and Rwf 215,000 for 4.5 GB and 20 GB respectively. In addition to that, the clients will have exclusive access to the iRokotv service at different rates. Peter Brunt, iRokotv East Africa vice president said they were looking to have more subscribers accessing African contentandthattheywereworking with Rwandan filmmakers on how they could sell their productions through the platform. The partners were optimistic that more people will use the television service to increase uptake of 4G internet services in the country. Rhee Dongwan, chief marketing officer of ORN, which is the wholesaler of 4G LTE to Tigo, said that as more people take up the service, the pricing will ultimately go down. The 4G technology was commercially launched in October last year through a private public partnership between government and Korea Telecom (KT) to deploy a high-speed 4G broadband network covering 95 per cent of Rwandans in three years. Unfortunately, many Rwandans have not yet been able to take up the high-speed internet service mainly because they can barely afford it. New Times Mobile Network Operator, Tigo has entered into a partnership with world-class Communications technology and services provider, Ericsson, to help manage and improve its network quality and service delivery. The strategic deal will enable Tigo extend its footprint nationwide and ensure customer satisfaction by delivering superior network quality using Ericsson’s state-of-the-art technology and experience. In a recent interview with the CEO of Tigo Ghana about its overhead fibre project in Bogoso in the Western region, Roshi Motman, touted Ericsson’s capability and capacity saying: “Ericsson is recognized world- wide for their extensive experience in advising and supporting telecom operators to secure network quality and improved efficiency. Tigo Ghana is going to leverage on their expertise to offer our customers a reliable and seamless network experience”. She explained that although like other telecom companies the network is core to their operations, companies like Ericsson are market leaders and renowned for telecommunications services. She believes the partnership will give Tigo Ghana the opportunity to focus on delivering quality experience for its customers and managing the network. “It will also guarantee network quality and optimisation which is crucial for customer experience” Roshi emphasised. Ericsson will manage all maintenance and operations of Tigo Ghana’s active network among others. Modern Ghana the Daily Graphic, Toyota Ghana, Melcom and Total Petroleum Ghana. This recognition follows a consistent performance in the National Communications Authority’s (NCA) monthly telecoms report which recognises Vodafone as having made the most inroads in increasing subscriber base with a current base of more than 7million subscribers. Commenting on this, Agnes Emefa-Essah, Marketing Director at Vodafone Ghana said: “Our brand is one of our most valuable assets as a company. It is what mobilises customers to benefit from the unmatched experience we provide. This recognition goes to show the hard work we always put in to ensure we are consistent with what we provide to the customer – the most important beneficiary of our service. We will continue to be committed to excellence, leadership, customer satisfaction "We are extremely grateful to Africa.com and all the FIELD Global Partner organizations for all they do on behalf of our students," said Professor Tony Mayo, the faculty head of FIELD. "The students benefit immeasurably from this experience and we hope the partner organizations do as well." Distributed by African Media Agency (AMA) on behalf of Africa. com About Africa.com Africa.com is the leading Africa- related website with more than one million views every month from people in over 200 countries & territories. Our signature product is the Africa.com Top10 - we read all the Africa news so that you don't have to. We curate and summarize the top ten African news stories of the day and of the week. Africa.com is also a one stop shop to help Africans put their ideas onto mobile websites easily and affordably. For companies and bloggers who want to showcase their African identity as part of their website address. With offices in South Africa, Nigeria and the United States, Africa.com is dedicated to changing the way the world sees Africa. Modern Ghana and be a model for others in the sector”. Vodafone’s rise to the top and dedicationhasalsobeenrecognised by a host of other organisations; for instance, the company won the CIMG’sTelecommunications Company of the Year in 2014 and also won the Best Television Programme of the Year at the same awards with its ‘Healthline’ programme. Other awards won last year included Mobile Broadband Internet of the Year; Telecom Wholesale Provider of the Year; Best Use of Social Media; and Mobile Operator of the Yearat the Mobile Awards. The company’s enterprise arm - Vodafone Business Solutions –also picked up the Telecom Business Service of the Year; while the Vodafone Red product was adjudged Marketing Campaign of the Year–at the same awards ceremony. Modern Ghana  Teresa Clarke, Chairman and CEO, Africa.com for electing executives and build a working relationship with the Ministry of Trade and Industries, Association of Ghana Industries, National Board of Small Scale Industries, Association of Small Scale Industry, Sekondi-Takoradi Metropolitan Assembly and the Regional Coordinating Council (RCC) to help improve business operations. He said the Chamber would also work at rebuilding trust and confidence and expand membership of the business community, foster greater confidence between the donor community and the Chamber of Commerce and Sekondi- Takoradi, and support members with credible business profiles and bankable business plans to get financial assistance from international banks. The Chamber Chairman added that 2015 should serve as reawakening of the Region's Chamber for best business results. Modern Ghana mONDAY | JANUARY 19, 2015
  • 6. FRANKLY SPEAKING06 By kirit sobti, editor, iat editor@indoafricatimes.com A frica is prodigious untapped telecommunica- tions market. Mobile commerce and the role of mobile in health and education are also significant growth opportunities. No wonder, Africa presents great opportunities in the telecom sector. The liberalisation of the sector, the prolongation of services by multinational corporations and the active competition currently in place in the sector have all backed to the telecom revolution. Since the procedures of liberalisation and privatisation have been taken into attention by African countries such as Uganda, Tanzania, Nigeria, the Sudan, South Africa and Kenya, their telecommunication infrastructures have enhanced significantly. Many African governments have developed their telecommunication infrastructure by privatising their former state-owned enterprises. As a result, the telecom sector in the African sector has opened up new panoramas of business opportunities. Africa has been the fastest-growing mobile market in the world during the past five years. There are now more than 82 million mobile users in Africa: Nigeria's mobile market is mounting at over 100% per year. Mobile telephony has an optimistic and noteworthy impression on economic growth, and this impression may be twice as large in developing countries as in developed countries. That mobile phone use is budding faster in Africa than anywhere else shouldn't come as much of a surprise, given a moment's thought. Only 6 per cent of African citizens owned a mobile phone in 2004, so as prices drop (and low-cost phones made for the developing world come to market), there's a huge potential market available. In Asia, North America and Europe, on the contrary, mobile phone use approaches saturation, so any remaining growth will be far slower. With foreign telecommunications companies making billions of dollars from projects in Africa, governments on the continent are now applying guidelines that necessitate contractors to source 30 percent of labor or supplies from local companies. What this means is that foreign telecom companies will not be able to bid for telecom contracts without associating with local telecom companies. Kenya and Zambia are the first to implement such regulations. The rules are anticipated to affect Chinese companies, including Huawei Technologies and ZTE, which have been captivating most of the big telecom contracts in Africa. Both the Zambian and Kenyan governments say the regulations are intended at enhancing local capacity and encouraging knowledge transfer to local contractors that have been fighting for a share of the thriving telecom sector in the region. Over the past few years, local telecom companies in Africa have been pressed by swelling competition from foreign rivals. The problem has been lack of skilled manpower by local firms and lack of financial muscle, in the face of foreign companies that have abundant cash and hire highly skilled workers. Corruption is also a matter of concern. Well- funded foreign telecom companies counting Huawei, ZTE and Siemens have been charged and in some cases sentenced on corruption charges in African CONNECTIVITY IS EMPOWERMENT Dr. Eugene Juwah Executive Vice Chairman, Nigerian Communications Commission (NCC) Mr. John Sculley Co-founder and managing partner at Inflexionpoint & former Apple CEO South African government plans to sell assets to raise money for supporting state companies like power utility Eskom Holdings SOC Ltd. The plan is to sell land assets, other tangible assets and shares in public companies to raise more than $7.4 Billion to support the state owned companies. “The government is going down this path reluctantly, with its back against the fiscal wall, and it remains wedded to the idea of a ‘‘developmental state’’ in which state-owned enterprises are used to further a host of social and economic development objectives,” Barclays said in a statement. The 14 per cent stake in Vodacom Group Ltd (VOD) and 40 per cent in Telkom SA SCO Ltd. (TKG) are expected to sell quicker than others. The move is a part of South Africa’s plans to contain debt and reduce fiscal deficit in the next three years. State owned companies which are struggling to keep up with the growing economy will be provided help, for instance the Eskom will be given a grant of 20 billion rands raised through the sale of assets. 2014 saw large number of blackouts by Eskom, which is the largest electricity provider in South Africa. The company warned that there are chances of more blackouts in the near future. The power supplies will also be affected as the company is in the process of generating new production facilities. These asset sales are expected to help the state owned companies like Eskom. These sales are the first major asset sale after 2003, when the government sold 25 per cent of Telkom, the telecommunication company for 3.9 billion rand. Plans are to keep the debt at less than 50 per cent of GDP and the lower the budget deficit to 2.6 per cent from 4.1 per cent. The government also owns some stakes in corporations like Kumba Iron Ore Ltd. (KIO), Sasol Ltd. (SOL), Sappi Ltd. (SAP) and Life Healthcare Group Holdings Ltd. (LHC), which are also expected to be included in the sale. South Africa to sell assets to support State Owned Enterprises It is critical for local companies to have a significant role in the provision of services and supply of materials to the telecommunications industry, if we must develop the industry in Nigeria on a sustainable basis over the long term and provide more employment opportunities for Nigerians. The absolute majority of the big government telecom projects in Africa are sponsored by China through loans whose conditions are that supply and installation contracts are given to Chinese companies. courts. The new regulations in Zambia and Kenya necessitate that telecom contract-award dealings include a weighting methodology that gives preference to local contractors and those partly owned by Kenyans. Nevertheless, the absolute majority of the big government telecom projects in Africa are sponsored by China through loans whose conditions are that supply and installation contracts are given to Chinese companies. It is not clear how the new regulations will affect these loans from China. The Zambian government has already prescribed the guidelines while in Kenya the regulations are expected to be enforced shortly. The Kenyan government is in the process of conferring multi- million dollar tenders for Biometric Identification Cards and the construction of a 4G telecom network in the country. The new regulations are expected to ensure that local companies benefit from these two tenders. On the other hand, mobile operators across Africa are becoming progressively concerned about the fame of overseas-hosted over-the-top (OTT) services eating into their potential to monetise traffic as the number of smartphones and data packages grows. The issue has been progressively coming to the fore over recent months, and was debated between a panel of pan-African operators including Airtel, Orange, MTN, and Millicom as well as Facebook's vice president for Internet.org, Chris Daniels, at the AfricaCom conference in Cape Town. The debate around OTT services kicked off in earnest when South African operators Vodacom and MTN both spoke out about their fear that they are being cut out of the value chain for data services like WhatsApp and Facebook in a way that could weaken investment in growing network reach. Facebook's Daniels denied rumours from the Mobile World Congress trade show earlier in the year that the company's position was to force operators into being "just pipes". "Operators must be able to make money with more people coming online or they won't be able to invest in infrastructure to provide connectivity," Daniels said. "We need to do something to help operators to continue to earn and grow. [If] operators can't create the next big OTT, we can't create a global connectivity network." Internet.org launched its free suite of apps in Kenya, via a partnership with Airtel. The suite includes zero-rated access to BBC News, Facebook, Wikipedia, and health advice for ebola prevention and maternal care. Internet.org is already available in Tanzania and Zambia. CEO of MTN South Africa Ahmad Farroukh says that as voice revenues fall, network operators cannot surrender the facility to monetise data services or they will be unable to afford the investment needed to extend networks to rural areas. "We're not talking about blocking social networks," Farroukh said. "We want cooperation which is in benefit to our organisations and our stakeholders... Connectivity is empowerment in a continent like Africa... It can be a win-win. It doesn't have to be the evil operators who want to make money against the good guys," who give everything away for free. The debate is not helped, Farroukh recommended, by the fact that big US tech companies who profit from mobile ads on their services pay little or no tax in African countries and aren't burdened with the country's high costs of regulation. In many countries on the continent, import duties on consumer electronics like handsets is as high as 40 percent, with VAT added on top. That makes propositions like a $50 smartphone - which MTN has in the form of its Steppa The African markets present a huge opportunity for new smartphone devices, with a growing population of technology and fashion-savvy youth. Consumers today want the best feature-rich smartphone experience at desirable price points, without compromising on quality. - difficult to produce and make a profit. "To lay a kilometre of fibre in much of rural Africa, it costs more in licensing fees than the fibre and equipment, because costing models for government are outdated," Farroukh said. Executive vice president of Orange in Africa, Marc Rennard, says that ultimately the operators and OTT services must work together. "We all have the same idea, which is to improve connectivity around the world and in Africa. Even if connectivity is improving, the absolute number of poor people is increasing. We need to improve affordability, lower the cost of handsets, and fight against taxation," he said. MONDAY | JANUARY 19, 2015
  • 7. TRAVEL&tourism 07 UTOPIA ON EARTH Surrounded by sky high mountains, green valleys, unspoiled forests, Sikkim is an exotic place to visit. The topography adds to the sense of adventure of the state. Friendly people and mouthwatering dishes, and the tranquility makes the place a traveler’s dream. T ravelling is revitalizing, travelling is exciting and travelling is considered as a respite from the dull and hectic life. For all the travelling enthusiasts who love exploring new places, and absolutely love a place which offers peace and adventure at the same time, also known as Nye-mae-el (literally meaning “paradise”), Sikkim is the place for you. Perhaps the loveliest destination in India, Sikkim is a hilly state with plunging mountain ranges and valleys, and lush green forests. Its remoteness makes it difficult to access, but at the same time one of the most peaceful holiday destinations in India. The second smallest state in terms of area, the state of Sikkim is landlocked by the Himalayas on one side, Nepal, China’s Tibet Autonomous Region and Bhutan. The world’s third highest peak, Kangchenjunga is situated on the Sikkim-Nepal border. The annual average temperature of Sikkim is 18°C, and it has a sub-tropical climate in the south and tundra climate in the north. It is also one of the very few stated of India to receive regular snowfall. Exceptionally blessed by nature, Sikkim houses a wide variety of flora and fauna. Bamboos, Oak, Conifer, Orchids and many flowering plants are among the few varieties of plants present in the region. Among the wildlife, one can find the Red Panda, Asian black bear, Leopard, Musk Deer and many other. Welcoming People Sikkim is a blend of people from different ethnicities coming together and living in the region. A considerable number of Nepalese population because of the shared border with Nepal. One can also find the Lepchas, Bhutias, and Tibetans living together with migrants from other communities such as Bengalis, Marwaris and Biharis. Majority of the population of Sikkim are followers of Hinduism, and the Sikkim is a traveler’s paradise, something about the state is very soothing to the soul. When in Sikkim, it is a must to visit some of the below mentioned places: SIKKIM Monasteries The fact that Sikkim houses over 200 monasteries and the breathtaking scenic beauty makes it one of the best places to meditate. These monasteries are the perfect place to attain some peace and quiet and move away from the commotion of city life. Festivals are held in these monasteries which make them a fun place to be in. Rumtek, Pemayangtse and Tashiding are among the famous monasteries in Sikkim. Teesta River If you love adventure sports, Teesta River is the place for you. River rafting is the latest adventure activity to arrive in Sikkim. The topography of the area and the interesting course of the area makes it an interesting and thrilling activity. The best time for rafting is March to May and October to December. Yuksom and the Dzongri Trail The magnificent valleys, dense forests, magnificent gardens and rivers makes Sikkim a trekker’s paradise. The trek from Yuksom to Dzongri Peak, is the most famous trek in Sikkim. Sancturies An astounding variety of flora and fauna- over 450 species of birds, 400 species of butterflies and 450 varieties of orchids- makes the state a just visit for nature enthusiasts. Deorali Orchid Sanctuary in South Gangtok and Kyongnosia Alpine Sanctuary are two of the most famous sanctuaries in Sikkim. Nathu La Pass and the Old Silk Route three hours from Gangtok, the old Silk Route and the Nathu La Pass is situated on the Chinese border. With Chinese soldiers stationed on the other side of the border, the height and the snowcapped pass adds a thrill to the journey. Although only Indians are allowed to travel to the pass after obtaining the proper permit. the untouched Heaven on Earth state houses many Hindu temples as well. Buddhism is also a major religion in the state. The Kirateshwar Mahadev Temple is also a very popular pilgrimage center. Most Hindu festivals including Diwali and Dussehra are celebrated, Maghe Sanskriti, Bhimsen Puja, Losar, Loosong and Bhumchu are among the other festivals celebrated in the state. In Love with Momos and Thukpas… A blend of Indian, Nepalese and Tibetan cuisine, the food habits in Sikkim are very diverse. Momos (stuffed steam dumplings) are the most famous dish of Sikkim. Another very popular dish widely available in the state is Thukpa, a Tibetan style noodle based soup. Other famous dishes include, Kinema, Gundruk and Sinki. Sishnu is the most exotic local dish of Sikkim, prepared from leaves of edible wild varieties of nettle. Sikkim is also popular for its Temi Tea, which mainly consists of pure tea golden flowery orange pekoe. The chilly weather makes the tea drinking experience enjoyable. mONDAY | JANUARY 19, 2015
  • 8. TALKINGTECHNOLOGY08 T he India Exhibits will be held on 23-25 June, 2015 at Kenyatta International Convention Centre. This International Exhibition will focus on key areas like Engineering, Machinery, Manufacturing and Technology. The exhibition aims to showcase the gateway of new emerging market to the global village. India Exhibits exhibition will take a small step forward to bridge the GAP between the Manufacturing strengths to technological advantage for the this environment, the manufactur- ers will need to adopt new strate- gies and innovative machine tools to upgrade their baseline opera- tional standards. Industrial output in most mature markets remain low however manufacturers in emerging markets continue to record positive growth that EAST AFRICA- AN EMERGING MARKET East African consists of 5 countries namely: Kenya, Uganda, Tanzania, Burundi and Rwanda and it is fast becoming a centre of economic and industrial development. Among the aforementioned countries, Kenya is strategically located along the equator and with natural harbors that open into the Indian Ocean. Kenya possesses well developed financial markets and is INTERNATiONAl ExhibiTiON ON MANUfACTURiNG iNdUSTRY Radeecal Communications (Head Office, India) 402 , 4'h Floor, "Optionz" Complex, Opp. Nest Hotel, Off C.G. Road, Navrangpura Ahmedabad - 380009 , GUJARAT, INDIA Tel.: + 91 79 26401101 / 26401102/ 26401103 M.: + 91 9925004266 Email: emat@radeecal.in Website: www.radeecal.in www.indiaexhibits.in dubbed "Africa's Silicon Savannah" thus ensuring the country remains the hub of Information Communication Technology. The Vision 2030 economic blue print is the Government's recovery strategy and plans of how to make the country a middle income economy by 2030. Thus the Government has introduced various incentives to encourage Foreign Direct Investment to lure investors. Kenya's industrial sector has grown substantially over the years and contributed about 13 per cent of the Gross Domestic Product. The manufacturing sector is composed of medium and large-scale enterprises with major foreign multinational companies from the European Union, United States of America, India, China, Gulf and Asia. Under the Kenya Vision 2030, the economy must grow to a Gross Domestic Product (GOP) per capita of over US$3,000 at today's prices by 2030 or about six times what it is today. We must therefore put the necessary building blocks to enable us make this reality and aggressively continue to implement the core priorities across the three pillars as follows: economic, social and political. Manufacturing is one of the 7 key sectors in Africa that have been identified under the economic pillar of Vision 2030 to grow the economy by up to 10% per annum. There are several ongoing flagship projects in the manufacturing sector that the Government is seeking potential investors. It is envisaged that this exhibition will play a pivotal role in linking exhibitors to key Government Agencies that are involved inthe following Vision 2030 flagship projects: Development of Special Economic Zones inthe counties Natural Products Industry Initiative Development on integrated Iron Mills Development of Small Medium Enterprise Parks NETWORKING Networking at India Exhibits will be the most comprehensive forum where international industry executives, academia, institution- al investors, venture capitalists, analysts and other experts will have the opportunity to shape the future collaboration landscape of Engineering, Machinery, Manufac- turing and technology. Our online 1-Pianner software allows you to pre-select and manage your meet- ings, while at the same time profil- ing yourself in the way that will attract potential business partners, investors and friends. The service is aimed at senior-leve l executives and will include industry specific software that enables you to pre- arrange one-on-one meetings with your desired partners. Service oriented Manufacturing Companies. The international Manufac- turing market is undergoing key changes. Product cycles are shrinking, demand for new tech- nologies is growing, and the rise of increasingly powerful, emerging- market entrants is ratcheting up global competition. To succeed in is fuelling their aggressive international expansion .Meanwhile new entrants are expected to move up the industry value chain as they shift focus on pure, low cost commodity manufacturing hence competing with already established manufacturers in service; a key profitdriverforleadingcompanies. This development will require mature market manufacturers to fully emerging markets into their operating models. the region's hub for transportation as its upgrades its airport into an ultra modern international airport able to process 20 million visitors annually. Kenya also boasts of a strong bourse with the Nairobi Stock Exchange been a power house in the region thus projecting a formidable financial market. The country is poised to launch the first ever technopolis MONDAY | JANUARY 19, 2015
  • 9. TRYSOMETHINGNEW 09 upcoming Never start anything you cannot continue. THOUGHT OF THE WEEK International Conference on Creativity and Innovations The third ICCIG aims at pooling insights from research, policy and practices in education, technology, institutions, culture, conservation and governance. The policy makers and corporate leaders will find conference as a unique platform for engaging with open innovation community promoting dialogue and partnership between formal and informal sector of science, technology, services and society. Date: 19-22 Jan 2015 Venue: Indian Institute of Management, Ahmedabad, India Bangalore MBA Networking Event This event showcases products like educational loan based services, management training institutes, to that of management council associated with this field etc. in the Education Training industry. Date: 19 Jan 2015 Venue: Vivanta by Taj Whitefield, Bangalore, India Pharmaceutical Expo 2015 PHARMAceutical EXPO 2015, concurrent with 66th Indian Pharmaceutical Congress is the industry's most attended event on Pharmaceutical Industry for more than a decade. The show has been major contributor to the growth and innovation of Indian Pharmaceutical Industry. The show generates new business opportunity among the Exhibitors and Visitors. PHARMAceutical EXPO 2015 covers the whole process of Pharmaceutical Manufacturing, from various kind of manufacturing/processing machineries to Lab Equipment, Analytical Instruments, APIs and other total solutions. Date: 23-25 Jan, 2015 Venue: Hitex Exhibition Centre, Hyderabad, Telangana. 23rd Convergence India Expo 2015 The forthcoming expo will showcase innovation and leading devices to enhance e-Development at all levels and drive the growth of urban usage. Focused business- matching will provide the perfect opportunity to network with industry executives and establish new relationships. Attracting global leaders, the expo will serve an ideal platform for knowledge- experts to share insights and successful case studies across the globe. Date: 21-23 Jan, 2015 Venue: Pragati Maidan, New Delhi, India. Prepration Method 1. In pan, heat butter and oil. 2. Brown chicken in this mixture. 3. Season with salt pepper if desired, remove. 4. In remaining fat, cook onion and garlic until clear. 5. Add ground or crushed almonds, basil, pepper, and honey and cook, stirring, until mixture is well blended. 6. Combine broth and cornstarch and add to pan; cook, stirring, over high heat until sauce thickens. 7. Remove from heat, stir in lemon juice. 8. Place chicken in a casserole dish, spooning sauce over. 9. Bake, covered, and at 350 degrees for 1 hour, or until chicken is tender. Handy French 1. This is not my fault. Ce n’est pas ma faute. 2. Hurry up! Dépêche-toi! 3. What is this? Qu'est-ce que c'est? 4. Good night and sweet dreams! Bonne nuit et fais de beaux rêves! 5. I will be right back! Je reviens tout de suite! Benefits of Sea Salt The world's biggest hospital is in Soweto Sea salt has been an essential ingredient of the beauty regime. The difference between the sea salt and the common salt is that the latter is heavily processed. On the other hand, the sea salt is made by simply evaporating the sea water. Laden with numerous minerals, such as sodium, calcium, magnesium and potassium. The Ambassador of Tunisia to India, Mr. Tarek Azouz meeting the Union Minister for Chemicals and Fertilizers, Shri Ananthkumar, in New Delhi on January 13, 2015  picture of the week Use as a body scrub The grains of the sea salt act as the natural exfoliator and the minerals present in it makes the skin softer. So, instead of experimenting with a new cosmetic product just a few days before your wedding, go for this simple yet effective homemade exfoliator. Mix quarter cup of sea salt with half a cup of olive oil. Massage your arms, legs, feet and face gently with this mix to get rid of the dead skin in the most natural way. Acts as a facial toner Sea salt helps your facial skin breathe freely as it deeply cleanses your pores. Simply mix one teaspoon sea salt with half a cup of warm water. Using a cotton ball, apply this solution on your entire face except the area surrounding your eyes. Helps in relaxing swollen feet To relieve yourself from the pain of swollen and aching feet, take lukewarm water in a tub and add equal amount of baking soda and sea salt into it. Put your feet into this mix for about 10 to 15 minutes and you will feel very relieved after you take them out of the tub. Use as nail brightener Sea salt is also very effective in making your nails brighter and healthier. Just mix one teaspoon each of sea salt, baking soda and lemon juice with half a cup of warm water. Now, soak your nails in this mix for about eight to ten minutes followed by gentle scrubbing with a soft brush. This process will remove dust from your nails, and will make them softer as well as brighter. For conditioning of hair Contrary to the popular belief that salt is harmful for hair, the minerals present in it are actually very beneficial for their health. Just mix a small amount of sea salt in your hair oil and apply it on the scalp as well the hair strands. Keep if for about 20 minutes. It will make your hair more voluminous, shinier and bouncier. Additionally, it will help you to get rid of dandruff. 1. My Son 2. A mushroom 3. Man 4. A Stamp 5. Watermelon Answers Ingredients »» 6 boneless skinless chicken breasts »» 2 tablespoons oil »» 2 onions, chopped »» 1 cup slivered almonds »» 2 teaspoons low-fat margarine »» salt pepper »» 1 garlic clove, chopped »» 1/2 teaspoon black pepper »» 1 1/2 cups low-fat chicken broth »» 1 lemon, juice of »» 1 teaspoon fresh basil »» 1/2 cup honey »» 2 tablespoons cornstarch Acts as teeth whitener If you thought that the benefits of sea salt are restricted only to your skin or hair, then here is something for you. Salt helps in removing the stains from your teeth and also makes them whiter. Just add one teaspoon salt to two teaspoons of baking soda and use a soft toothbrush to brush your teeth with this homemade tooth powder. Helps in proper sleep Too much of work and nervousness often leads to improper sleep, which of course, is not at all healthy for the skin. So, to give yourself a beauty sleep, consume sea salt before you go to the bed. Many researches have proved that salt is very effective in lowering the stress levels. Additionally, it helps in raising the oxytocin levels in your body. It is an anti-stressing hormone that helps you to feel relaxed and calm. You can drink a mix of 1/8th teaspoon of sea salt and a glass of water before sleeping. Another way to take sea salt to help you sleep well is by mixing it into your vegetable salad. Chicken with Honey African Cuisine 1. Brothers and sisters I have none but this man's father is my father's son. Who is the man? 2. What kind of room has no doors or windows? 3. Which creature walks on four legs in the morning, two legs in the afternoon, and three legs in the evening? 4. What can travel around the world while staying in a corner? 5. There was a green house. Inside the green house there was a white house. Inside the white house there was a red house. Inside the red house there were lots of babies. What is it? mONDAY | JANUARY 19, 2015
  • 10. THEFASHIONISTAS10 Girl Pikin For Betteh: A Response to Ebola by Hawa Kamara; Miss West Africa International 2013 Miss Seychelles…Another World 2015 contest to focus on “beauty with a purpose” Joni Blaze angry at Merqury Quaye over Ghana Dj Awards 2015 Nominees List. The controversies have begun around this year's Ghana Dj Awards 2015 Nominees list already. Joni Blaze, who plays for Xfm 95.1isoneofthevibrantRaggae/ Dancehall presenters but has not got even a single nomination in the list presented. Joni Blaze thinks he should havehadapossiblenomination in the Best Raggae/Dancehall DJ of the Year category, eluded him. King Lagazee who plays for Rite 90.1fm in Somanya, had his name in that category with Xfm attached to it, meanwhile Kind Brand Ambassador of Fashion Icon Awards 2015 Organizers of Fashion Icon Awards kicked off preparation for this year’s event with announcement of top Ghanaian model, Doris Adom- Asomaning as Brand Ambassador for 2015. Doris Adom-Asomaning, Model, TV presenter, and Entrepre- neur with 10 years’ experience in the fashion industry. She has model for most of the top name design- ers in Ghana and beyond such as Late Kofi Ansah, Christie Brown, Alphadi, Deola Sagoe, Stoned Che- rie, Adebayor Jones, just to name a few. Doris runway legacy felt not only on the local frontage but also international; having participated in modelling competitions such as, Top Model Ghana 2006 and Top Model of the World 2010 where she emerged the 2nd runner-up and top 15 out of 45 countries re- spectively. The versatile fashion model have walked on the runway show for Vlisco, Woodin, Da Viva and GTP and other shows include; Ghana @ 50 Fashion Show (Ghana Egypt), the Launch of CAN 2008, Glitz Africa Fashion Week, FIMA, Catwalk the World (UN Charity Show). The Industry Awards Night would be held in May 2015 while the Grand finale is scheduled for June 13 at Lifestyle Gallery, Spintex Road, Accra. Modern Ghana Beautyisnotjustaboutthephysical appearance, but it is also the inner qualities that one possesses. This is the strong message that the Seychelles Tourism Board wants to pass on to the future young ladies who wish to take part in the Miss Seychelles…Another World contest and become the country’s beauty queen and ambassador. For the secondyear,theSeychellesTourism Board is focusing on beauty with a purpose for the Miss Seychelles… Another World 2015 contest. This year’s beauty contest was officially launched by the Seychelles Tourism Board’s Chief Executive Sherin Naiken during a press conference with the local media representatives. Her reign as Miss West Africa International 2013 might be over, but her goodwill still continues. Hawa Kamara, recently stated “Sierra Leone is putting an end to its Ebola epidemic, but Ebola was not just an illness that came and went like the flu, a lot of families were destroyed, children, adults, girls and boys. So the question is when we say we have ended Ebola, that is great, but if we do not react to the aftermath, then we have not ended the destruction of the illness”. Hawa Kamara is also originally from Sierra Leone is currently reaching out for celebrities across west Africa to consider supporting victims of the Ebola epidemic aftermath via her non profit organization Girl Pikin 4 Betteh. An organization that focuses on young girls who are now more vulnerable to the ills of society due to lack of wealth, family and/or homes. “The problem is most of Africans in 'non-hit' Ebola countries see the issue we face as something separate to them, we need to remember that the only thing that separates us here are manmade borders in Africa. In fact if some of these countries were as big as Nigeria, whatever happened in their neighboring country would be considered as their national problem. We need to work together, if you are comfortable, give up a little time for others so we can all have a decent life, and this is what Gal Pikin 4 Better is about. If our celebrities are capable of pouring Ice water on you for disabilities in foreign countries then we can trust your ability to be involved in this” The Gal Pikin 4 Betteh organization would be in full effect and active before mid-2015. For now the work is being put on the ground to raise concern and support for victims of the Ebola epidemic, mainly young girls who might not be given a chance at a trade, or skill and might be pushed through the wrong channels of life. Modern Ghana Lagazee doesn't work with Xfm. Could it be a mistake? The answer still remain unknown to us and I think the organizers of the awards should come clear. Joni Blaze however was very furious about the issue and think his name was what was replicated for King Lagazee. He wants that issue addressed immediately by the organizers. According to Joni Blaze, what even annoyed him most was Merqury Quaye, the organizer of the event has refused to pick his phone calls. Modern Ghana Miss Seychelles…Another World was re-launched in 2012 with Sherlyn Furneau taking the crownhome.In2013,MissFurneau crowned her successor Agnes Gerry as the country’s beauty queen. Miss Naiken pointed out that this year since the contest is putting more focus on the project, there will be a few changes to be made to the bikini round during the crowning night. The Seychelles Tourism Board will relook at this element of the contest. Miss Naiken calls for more support from the business community in terms of sponsorship to support the country’s beauty queen during her reign, as this has proved to be one of the major challenges for the Seychelles Tourism Board. As Miss Seychelles…Another World is an ambassador of the islands, she must be a role model and one who promotes good values. People look up to her, especially the young ones, so she needs to uphold a positive image and one who is against substance abuse, so the candidates who apply will have to be tested. After the potential candidates have been auditioned, 12 will be chosen for the contest, and they in turn will have to follow a three- month intensive program. Those who wish to join this year’s Miss Seychelles…Another World 2015 must be a Seychellois national aged 18 to 24. Entry forms can be collected at the Seychelles Tourism Board’s information offices in Victoria on Praslin and La Digue. The forms can also be downloaded from the link www. missseychelles.info – in the downloads section. Ladies who wish to take part in contesting for this year’s crown, have until February 9 to submit their forms. Eturbo News MONDAY | JANUARY 19, 2015
  • 11. SPORTS2WATCH 11 Rwanda maintains 68th position in Fifa rankings RWANDA HAS maintained the 68th position in the latest Fifa world rankings released on Thursday in Zurich. The rankings mean that Rwanda remains the highest ranked side in the Cecafa region with Uganda dropping by one place to 77th, Tanzania, Sudan and Ethiopia improved to 104th, 108th and 109threspectively. The monthly rankings are largely based on competitive and friendly international games that a country plays. The senior national football side’s 0-0 draw against Morocco in Marrakech was vital in Rwanda’s rise in the Fifa rankings while the U-23’ goalless draw against Burundi also contributed to the best Fifa rankings that Rwanda has had so far. Amavubi U-23 will play Tanzania in a friendly later this month in preparation for the Rio 2016 Olympic qualifier against Somalia in March. A win over the Taifa Stars will mean Rwanda getting better rankings. Kenya (117th) and Burundi (128th) dropped by one place while South Sudan (189th), Eritrea (202nd), Somalia (204th) and Djibouti (206th) all maintained their positions. This is Rwanda’s highest Fifa ranking in the history of football in this country beating the earlier record – 78th which was achieved in December 2008. New Times  Sports Minister Fikile Mbalula, South Africa South Africa's sports minister said the country's national team had matured after qualifying to compete in the continent's most prestigious football tournament following seven years in the wilderness. Bafana Bafana last qualified for the Africa Cup of Nations in 2008. You have come of age, said Minister Fikile Mbalula shortly before the team left for the tournament, which wil be hosted by Equatorial Guinea. This is a special moment for South Africa. You have restored the glory, the pride ... of the nation, he added. A year ago, out of frustration South Africa have come of age-sports minister at the team's poor performances, Mbalula described Bafana Bafana as a disaster and a useless bunch of losers. That was after South Africa crashed out of the group stage of the 2014 African Nations Championship with a 3-1 loss to Nigeria. However,11monthslater,South Africa beat defending continental champions Nigeria away to qualify for this year's Cup of Nations. That victory came despite the harrowing loss of captain and goalkeeper Senzo Meyiwa, who was shot dead at a house south of Johannesburg on October 26 in what police billed as a robbery gone wrong. You dismissed the idea that Rwanda Football Federation (Ferwafa) has announced that the 4 star hotel it is set to start constructing will host some teams during the African Nations Championship (Chan) next year. Fifa will provide Rwf2bn ($2,896,640) grant which is half the budget as part of the Fifa Goal project development programme aimed at helping developing countries establish infrastructure and facilities towards the growth of the game. According to the Ferwafa president Vincent Degaule Nzamwita, the hotel will be four- storeyed with 88 rooms and will be built on the piece of land next Ferwafa keen to have new hotel ready for Chan 2016 to the Ferwafa headquarters in Remera, currently occupied by Rwanda Police. Construction is set to start next month as the football governing body awaits Rwanda Police to shift so that work can commence in order to beat the December deadline. The hotel is expected to reduce on the expenses that the Ministry of Sports spends on national teams during residential training or visiting national teams. Fifa has sponsored several projects in Rwanda including the construction of the Ferwafa Headquaters in Remera, which was the first project in 2001. Six years later, the Fifa Goal Bureau supported the installation of an artificial turf at the technical centre to help improve the facility used by several teams for training. The Goal Project also saw the installation of an artificial turf at the Muhanga stadium in 2011, an initiative that has enabled the facility to host domestic league and cup games. New Times Nigeria cannot be defeated, you have debunked that, said South African Football Association (SAFA) president Danny Jordaan. South Africa are in a tough- looking Group C at the tournament along with Algeria—the top African side in the FIFA rankings—Senegal and Ghana's Black Stars. Very soon they will step up their preparations with a friendly against Cameroon in the Gabonese capital Libreville, nine days before their opening game. Coach Ephraim Shakes Mashaba has refused to name a team captain following the death of Meyiwa, saying the players would captain each other. Modern Ghana mONDAY | JANUARY 19, 2015
  • 12. ENCOUNTER WITH EDITOR12 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 What is the main objective of Africa CEO forum? Enlighten us with some of the highlights achievements of the Forum. Since its inception in 2012, the AFRICA CEO FORUM has established itself as the unparalleled international event devoted to promoting the African private sector. As such, each year, the event brings together top African and international CEOs and investors, to discuss African private sector’s growth strategies and to network. The previous edition of the forum was a resounding success; it has gathered more than 700 participants, including 500 CEOs, 57 countries represented among which 38 African countries. Competitiveness, local processing, intra-African investment and, indeed, Africa’s financial capacity were all on the agenda of the previous edition. The proceedings were rich, intense and substantive. The discussions represented a more clear-headed and measured response to Africa’s growth and attractiveness and brought concrete solutions to our participants. Based on the success of the previous forum, the participants have requested unanimously that the discussions initiated in this pan-African setting - which is particularly conducive to business networking - be continued next year at the AFRICA CEO FORUM 2015. In your perspective, which are those sectors who have alluring aspects in terms of investment in Africa? Well, you have so many of them. Firstly, I would say the “matures” sectors such as Oil Gas, mining, construction and banking. Then, for over 10 years, with the continent fast-paced development, new sectors have emerged and have been particularly alluring for investors such as ICT, real estate and also agro-industry, where more and more international groups have found fertile grounds for investments in Africa. More recently, you have the consumer goods and retail sector, answering the needs of the booming African middle class. This forum is one of the grand events having widest wings around the globe. What opportunities participants can entail and how it can drive the economic force of the continent. The AFRICA CEO FORUM is a unique opportunity for participants to network with top African and international chief executives, find new financial partners by meeting the most influent bankers and investors on the continent, promote their businesses in Africa and abroad, challenge their knowledge on the latest business practices in their industry, and most importantly, be driving forces to Africa’s growth. The programme for the 2015 AFRICA CEO FORUM is designed to foster debate on the strategic priorities of African businesses. The purpose is to share concrete solutions to promote the development and emergence of a strong African private sector that create jobs and is capable of successfully competing in the international arena. Africa CEO forum mainly emphasizes on the African private sector. In your view, how can the public policies assist in developing Africa’s Private sector? The public authorities are at the heart of Africa’s development. Hence, they must garner national consensus by supporting the implementation of targeted policies to support the private sector; such as protectionism measures, local content policies, and developing state capitalism for growth and job creation. In this regard, the AFRICA CEO FORUM is the premier arena for a constructive dialogue between public decision makers and the private sector. For this third edition, three major international institutions have decided to strengthen their partnership with the AFRICA CEO FORUM in order to enhance their relationship with the African private sector: The IFC - International Finance Corporation - which is part of the World Bank Group and focuses on investment in the private sector, the UNECA - United Nations Economic Commission for Africa - and the PTA Trade and Development Bank, which is the financial and investment arm of COMESA (Common Market for Eastern and Southern Africa) The forum scheduled to be held in Geneva is home to the headquarters of many international organizations, including the United Nations Organization and the World Trade Organization amongst others. Do you think it will influence the traffic of participants and how? Yes indeed. We chose on purpose to settle on a territory that benefits from an international aura and which is headquarters to prestigious international institutions. Furthermore, it is a neutral place, which is important to us. As a central location, Geneva is also the ideal place for international travels of the CEOs attending the event. THE PURPOSE IS TO SHARE CONCRETE SOLUTIONS Do you want to ripen your business, outline your approach and enrich your company’s attractiveness? An exclusive podium for thought-provoking deliberations, the AFRICA CEO FORUM is an outstanding opportunity given to companies and investors whose strategy shows their willpower to take part in Africa’s vibrant growth. The President of Africa CEO Forum goes candid with INDO AFRICA TIMES and talked over the anticipated upshot from its third edition. Amir Ben Yahmed President of the Africa CEO Forum MONDAY | JANUARY 19, 2015