Decline in political uncertainty projected to boost Kenya’s GDP growth
February 27, 2018 | 0 Comments
Kenya’s GDP growth is projected to increase to 5.7% during the first quarter of 2018. This is according to ICAEW’s (the Institute of Chartered Accountants in England and Wales) latest report. In Economic Insight: Africa Q1 2018, launched today, the accountancy and finance body points to the easing of political tensions within the country as the biggest factor that will contribute to this growth.
NAIROBI, Kenya, 27 February 2018, -/African Media Agency (AMA)/- The report, commissioned by ICAEW and produced by partner and forecaster Oxford Economics, provides an analysis of the African continent’s economic performance. The report provides a regional overview, and focuses on South Africa and Zimbabwe.
According to the report, Kenya’s GDP growth projection is expected to rise to 5.7%, an improvement from the previous quarter’s 4.6% growth projection. Despite the improved projections, Kenya’s growth is still moving at a slower pace than regional competitors Tanzania, Ethiopia, and Uganda.
“The period of political uncertainty that plagued Kenya’s economy is gradually fading and this bodes well for the country’s economic prospects. However, Kenya still has some distance to go before it matches the growth seen in other EAC nations,” said Michael Armstrong, Regional Director of ICAEW Middle East, Africa and South Asia.
Tanzania and Ethiopia are expected to remain as two of Africa’s fastest growing economies with their growth reaching 6.9% and 7.5% respectively. In Uganda, the report cites a marked recovery in the agricultural sector as the largest contributing factor to its growth from a lowly 2.5% in 2016, to an estimated 6.3% last year and a strong 6.0% this year. These numbers make for good reading for investors eyeing a piece of the East African market as the projected growth of 6.0% makes the region the fastest growing on the continent.
Further afield, growth in Southern Africa is forecast to improve to 2.2% in 2018, as the two main engines in the region, namely South Africa and Angola, are expected to record better growth this year, albeit still below potential. South Africa’s GDP is projected to grow by 1.7% in 2018, an improvement from the 1.0% projection of 2017. This may further be boosted by the recent political change which could trigger much needed recovery in confidence levels among households, corporates and foreign investors. This will in due time lead to higher spending and renewed investor interest in South Africa.
Zimbabwe underwent possibly the biggest change in its post-democratic history in November 2017, as President Robert Mugabe stepped down in the face of determined military support for his former vice-president and comrade in the liberation war, Emmerson Mnangagwa. Since then, a number of policy announcements by Mr Mnangagwa’s team have indicated that his government will be more open to foreign investors and lenders. Mr Mnangagwa also attended the World Economic Forum (WEF) gathering in Davos in January, where he sent the right signals about opening Zimbabwe up for foreign investment, and received promising feedback from potential investors in return.
Zambia’s (4.6%) economic growth is also set to improve due to higher copper prices, whilst the Namibian economy (3.0%) is expected to rebound this year as production from new gold & uranium mines and offshore diamond operations ramp up, in addition to increase in manufacturing and retail activity. The uptick in global demand will bode well for Botswana’s diamond exports – with GDP growth forecast at 4.3% for 2018 – whilst growth in Mozambique (4.8%) is projected to increase as investment in the liquified natural gas (LNG) sector commences.
In North Africa, real GDP growth is forecast at 3.2% for this year, driven mainly by stronger growth in Egypt. Egypt’s economy is forecast to expand by 4.5% in 2018, with growth largely driven by strong exports and investment. In Morocco, which is highly dependent on the agricultural sector, a smaller harvest will see growth easing to 3.2% this year from 4.1% in 2017. The outlook for Tunisia (2.1%) is broadly unchanged from last year.
The outlook for the Franc Zone is positive: GDP growth is forecast at 4.8% for this year, from 4.0% in 2017. Growth in Cameroon (4.2%) will be supported by a rise in natural gas production, whilst the agro-industrial sector will keep Ivory Coast on a strong economic growth path of 7% this year. Gabon is projected to grow at a faster pace of 2.2% this year, thanks to higher oil prices.
Central and West Africa’s growth for this year is projected at 3.8%, from 2.3% in 2017. The powerhouse in the region, Nigeria, is forecast to expand at a healthier 2.6% this year, from a mere 0.9% last year, as oil prices recover and forex liquidity improves. The Democratic Republic of Congo (DRC) is also expected to grow at a faster pace (3.5%) on the back of higher international copper and cobalt prices.
The full Economic Insight: Africa report can be found here: http://www.icaew.com/en/technical/economy/economic-insight/economic-insight-africa
Distributed by African Media Agency (AMA) on behalf of ICAEW.
Jamie Douglass, ICAEW press office, +44 (0)20 7920 8718 or email James.Douglass@icaew.com
Corazon Sefu Wandimi, Tell-Em Public Relations East Africa, +254 20 260 9990 or email Corazon.Sefu@tell-em-pr.com
Notes to editors:
1. ICAEW is a world leading professional membership organisation that promotes, develops and supports over 144,000 chartered accountants worldwide. We provide qualifications and professional development, share our knowledge, insight and technical expertise, and protect the quality and integrity of the accountancy and finance profession.
As leaders in accountancy, finance and business our members have the knowledge, skills and commitment to maintain the highest professional standards and integrity. Together we contribute to the success of individuals, organisations, communities and economies around the world.
Because of us, people can do business with confidence.
2. ICAEW is a founder member of Chartered Accountants Worldwide and the Global Accounting Alliance.
About Oxford Economics
Oxford Economics is one of the world’s foremost advisory firms, providing analysis on 200 countries, 100 industries and 3,000 cities. Their analytical tools provide an unparalleled ability to forecast economic trends and their economic, social and business impact. Headquartered in Oxford, England, with regional centres in London, New York, and Singapore and offices around the world, they employ one of the world’s largest teams of macroeconomists and thought leadership specialists.
Nigeria’s economic diversification strategy to be highlighted at the AFRICA CEO FORUM
February 27, 2018 | 0 Comments
- The Africa CEO Forum, which is holding its 6th edition on 26 and 27 March in Abidjan, is devoting an exclusive panel discussion to the Nigerian economy and its diversification model. And how can it inspires other african economies ?
- Nigeria will be represented in full force this year, with over 80 high-level delegates attending the Forum.
LAGOS, Nigeria, 26 February 2018, -/African Media Agency (AMA)/- At a time when Nigeria is still struggling to break free of its dependence on oil, which still accounts for more than 90% of its export earnings, its economy is starting to see an improvement and prospects are looking better for the country’s businesses. Numerous companies have emerged in the finance, technology, agriculture, entertainment and industrial sectors. From Yaba district startups to rice mills of Kano and the burgeoning automotive sector, there is a growing list of companies whose performance is no longer tied to oil prices. How is Nigeria doing it ?
Photos of the AFRICA CEO FORUM Flickr
Press officer for the AFRICA CEO FORUM: Abdoul Maïga – Tel.+33 1 44 30 18 18 – email@example.com
Landing of South Atlantic Undersea Cable in Brazil signals new chapter in Africa-America’s Telecoms
February 22, 2018 | 0 Comments
LUANDA, Angola, 22 February 2018, -/African Media Agency (AMA)/- Angola Cables, a telecommunications multinational, has reported that the South Atlantic Cable System (SACS) has made landfall at Fortaleza on the Brazilian coast.
Company CEO, António Nunes said that the arrival and installation of SACS on the Brazilian coast was “an important strategic milestone for the company, Angola and Africa as it will be the first direct link between the Americas and the African continent, offering a faster routing with higher capacity.”
Now entering the final phase of completion, SACS is expected to be fully operational by the third quarter of 2018. The undersea cable is one of the most advanced submarine telecommunications systems and will have initial capacity of 40Tbps (100Gbps x 100 wavelength x 4 pairs of fibre).
“Once SACS has been fully commissioned, we will see a significant improvement in communications and content sharing between Angola, African countries and the Americas. With SACS, the delay in transporting digital content, known as latency, will be reduced fivefold, from the current 350 thousandths of a second to just over 60 thousandths of a second.”
Distributed by African Media Agency (AMA) for Angola Cables.
Atmosphere Communications for Angola Cables
Tel: +27 (0) 83 4482484
DHL Global Forwarding appoints Serigne Ndanck Mbaye as Cluster Head for Senegal, Ivory Coast and Ghana
February 22, 2018 | 0 Comments
* He will also assume responsibility as Country Manager for Ghana
ACCRA, Ghana, 22 February 2018, -/African Media Agency (AMA)/- DHL Global Forwarding, the leading international provider of air, sea and road freight services, has appointed Serigne Ndanck Mbaye as Cluster Head for Senegal, Ivory Coast and Ghana. Based in Accra, Serigne will also assume responsibility as Country Manager in Ghana. He will report directly to Daniella De Pauw, CEO, DHL Global Forwarding Sub-Saharan Africa.
Serigne was most recently Country Manager for DHL Global Forwarding Senegal – a role he has held since 2011 – where he led the business to year-on-year double-digit growth. A DHL veteran, Serigne started his career in the logistics sector with the group’s Express division in 2004, as Gateway Manager for DHL Express Senegal. From 2008 to 2009, he took on various roles overseeing the division’s service center and operations in Angola. In 2009, he was put in charge of DHL Express operations in Cape Verde, Guinea Bissau, The Gambia and Senegal, driving networks requirements in terms of volume, value and quality key performance indicators.
DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 57 billion euros in 2016.
DHL Asia Pacific & EEMEA
Corporate Communications and Responsibility
Tel: +65 6771 3332
Fax: +65 6771 3322
Statement of SEEG
February 18, 2018 | 0 Comments
LIBREVILLE, Gabon, February 18th 2018,-/African Media Agency (AMA)/-SEEG regrets the sudden decision taken today by Gabon’s Ministry of Water and Energy to terminate the concession agreement and the brutal use of Gabonese forces, who requisitioned the company.
Our thoughts are with our employees, our teams who are permanently working to provide the most efficient supply of water and electricity to the Gabonese population. SEEG has always been a responsible partner of the Gabonese state, conscious of its missions. The company has been helping and supporting Gabon’s growth for more than 20 years. Proof of this is the fact that:
* the number of clients supplied with water and electricity has tripled, amounting to a 200% increase in 20 years;
* The supply rate is currently 89.3% for electricity and 92.2% for water, making Gabon one of Africa’s leading providers since 2012;
* 366 billion CFA francs have been invested in areas including maintenance, production capacity and networks.
In a country facing intense population growth, water production capacity is stretched to the maximum. We are now waiting for the Gabonese state to comply with applicable legislation. And we hope that the people of Gabon will continue to enjoy quality, healthy drinking water that meets international standards, and the highest quality of electricity with regard to working conditions in the country.
Distributed by African Media Agency (AMA) for la SEEG.
Gabon: serious breach of the rule of law
February 17, 2018 | 0 Comments
PARIS, France, 17 February 2018,-/African Media Agency (AMA)/- Today, armed men commandeered the SEEG – Société d’énergie et d’eau du Gabon, Gabon’s Energy and Water Company, acting on a decision of the Gabon’s Water and Energy Ministry.
The Veolia Group strongly protests against this brutal action taken entirely contrary to the rule of law, and is doing everything it can to support its employees in Gabon, who for two decades have been committed to providing the best public water and electricity service to the country’s citizens.
Veolia won Gabon’s public water and electricity concession in June 1997, under the terms of a 20-year contract with the Gabonese Republic whereby the company became the majority shareholder of the SEEG.
Veolia has been established in Gabon for more than 20 years and is one of the country’s largest foreign employers and investors, having invested FCFA 366 billion, or about €558 million, since 1997. Veolia owns 51% of its subsidiary the SEEG, and manages the production and distribution of drinking water and electricity throughout Gabonese territory. Among other things, the Group’s investments in terms of human resources, training and financing have enabled Gabon to triple the number of people with a water and electricity supply, making the country one of the African continent’s leaders in this area by 2012.
Veolia and its directors and employees in Gabon have done everything possible to establish a constructive and responsible dialogue with the authorities. Having now been the victim of a brutal expropriation on the part of the Gabonese State, Veolia is examining the legal consequences of this situation and expects Gabon to comply with the rule of law and with its obligations.
Distributed by African Media Agency (AMA) on behalf of Veolia.
Veolia Group Press Relations
Tel. + 33 6 25 09 14 25 firstname.lastname@example.org
FarEye To Benefit 175 Million Online Shoppers of Africa With Its Parcel Shop Technology – ‘Drop&Pick’
February 16, 2018 | 0 Comments
• The internet penetration in the African markets is 16% today and is set increase by 50% in 2025. There are 57 million people who have smartphones in Africa and there will be 360 million in 2025.
• eCommerce-logistics companies of the region must adapt to new technologies in order to support their delivery infrastructure.
• Parcel shops to book, manage, track and deliver to the end customer – making eCommerce convenient for the seller and consumer. Mobile Application enables already established local stores to become pickup and drop points for parcels – saving time, reducing cost and increasing revenue.
• FarEye’s technology is enabling paperless delivery of parcels to companies and homes alike, across the world this holiday season.
• FarEye’s technology is aimed towards major enterprises and logistics firms globally – sees strong enterprise demand.
• Technology has been designed to meet the huge demand for fast parcel facilitation in the logistics sector, as well as for end users – particularly with the growth of eCommerce and online shopping, providing major benefits to e-tailers, and SMEs who demand fast and convenient delivery services.
CAPE TOWN, South Africa, February 16th, 2018 -/African Media Agency (AMA)/- FarEye, a digital logistics platform, is pleased to announce the successful introduction of its new parcel shop technology – ‘Drop&Pick’. Launched in January 2017 the technology is already being incorporated by various large businesses like DHL, DTDC, First Flight and many others to facilitate paperless, high speed and secure dispatch/delivery of parcels through its parcel shop network.
FarEye’s ‘Drop&Pick’- aimed at major enterprises and logistics firms globally is built to fulfil the need for fast and convenient dispatch/delivery of parcels with minimal cost of infrastructure. Its successful roll out is now revolutionizing traditional dispatch/delivery processes into efficient and customer-centric approaches.
‘Drop&Pick’ follows a key three phased – book, manage and deliver process, which is based around a simple to use and intuitive mobile application. The app enables any parcel shop to quickly register a parcel, and the sender’s details (including capturing handwritten information), followed by scanning the shipment and adding recipient name, delivery details and parcel size. It then calculates shipping fees which the sender can pay in multiple ways – prepaid, wallets, cash or card. The parcel shop personnel can also book multiple parcels under one sender ID. In the back end – data entry processes convert images to actual data. The parcel is then handed over to the courier and electronic proof of transfer is collected, who then delivers to the end customer and once again, receives electronic proof of delivery from the customer.
This technology while enables quick and seamless dispatch and receiving of parcels – has two additional benefits:
1. SME Ecosystem development – The technology is providing significant benefits for small and medium-sized enterprises (SMEs) and micro-SMEs who want to sell their products online but cannot build an in-house delivery infrastructure. Their hence need fast and convenient delivery services for their customers. The sellers may easily deposit their parcels at selected parcel shops or they can also raise a parcel booking request online (and prepay it). It generates a ‘parcel label’ which then acts as a unique order ID.
2. Reduced carbon emissions: Door to door delivery can waste a lot of time and fuel in finding home addresses, while if parcel is dropped at a network shop, it saves resources. The customer can later collect the parcel at his or her convenience.
This technology is also targeted towards logistics businesses offering franchise models. While this model has been available since a long time to book parcels, the need now is to add a layer of visibility and efficiency to the processes to help businesses make real-time data backed decisions and in parallel empower the customers with easy deliveries, event alerts & notifications. The customer gets an option of getting parcel delivered to a nearby ‘parcel shop’, both -during the time of order placement as well as before the actual delivery.
Kushal Nahata, Co-Founder and CEO, FarEye says, “The reaction to FarEye’s parcel shop technology – ‘Drop&Pick’ has been exceptional. The product is built to enable fast & convenient delivery/dispatch of parcels which provides logistics companies innovative and value-added services, thus increasing their revenue streams while enhancing their customers’ experience.”
Kushal further adds, “There is a sharp increase in online transactions and both sellers & buyers require smart and efficient dispatch & delivery of goods as quickly as possible. The global ecommerce market is about 2 trillion USD and FarEye with its technology excellence is integrating into the systems of major logistics service providers, helping them capture this market. Our Mobile Application for Parcel Shop Delivery is a key aspect of the technology, which is being used by many of our clients including DHL. We expect to see the use of this technology across many key markets in 2018.”
Distributed by African Media Agency (AMA) for FarEye.
FarEye is a carrier agnostic SaaS platform that digitalizes logistics by integrating and optimizing business processes and adding a predictability layer to make them more efficient. FarEye has designed the world’s first BPM Engine for the modern-age logistics function, enabling companies to become agile and reduce their go-to-market time.
The solution uses a blend of mobility and geo-intelligence to provide real-time multi-enterprise visibility of logistics function.
FarEye empowers the logistics & distribution wings of over 75 large organizations across 15 countries globally. With a growth rate of over 360%, FarEye aims to break down operational silos and enables multi-enterprise collaboration thus helping organizations to champion operational efficiency and customer experience. FarEye executes more than 500 million shipments annually and has increased the first-time successful delivery attempts by 25%, reduced the fuel expenses by 28% and increased the successful customer visits by 66%. FarEye has saved 45,000 million sheets of paper & more than 620 million miles of travel in its quest to promote sustainable logistics.
For More Details Contact:
Senior Marketing Manager
Discovery Channel Don’t Stop Wondering Award returns for a second year
February 15, 2018 | 0 Comments
Distributed by African Media Agency (AMA) on behalf of Discovery Communications.
A DHL Global Forwarding nomeia Daúdo Vali para o cargo de Diretor Geral em Moçambique
February 14, 2018 | 0 Comments
MAPUTO, Moçambique, 13 fevereiro 2018, -/African Media Agency (AMA)/- A DHL Global Forwarding, líder mundial na prestação de serviços de transporte aéreo, marítimo e rodoviário, nomeou para o cargo de Diretor Geral para Moçambique Daúdo Vali. Com esta nomeação, Daúdo irá liderar e gerir as operações do país, assim como assumir a responsabilidade pelo crescimento do negócio da empresa em Moçambique.
O Daúdo estará baseado em Maputo (Moçambique) reportando à Daniella De Pauw, Diretora Regional para a DHL Global Forwarding na África Subsariana.
“O Daúdo tem provado ser um profissional de logística competente, com conhecimentos regionais sólidos, continuando a representar uma peça fundamental para os planos de crescimento da empresa”, afirmou Daniella De Pauw, Diretora Executiva da DHL Global Forwarding na África Subsariana. “Ao longo dos anos, o Daúdo adquiriu um leque diversificado de experiência e conhecimentos das operações empresarias diárias – tendo observado um crescimento de carreira admirável nos últimos cinco anos, nos vários degraus da hierarquia da DHL. A sua nomeação à nova função representa uma mais valia para a DHL, numa altura em que continuamos a investir e expandir o nosso negócio em África. Através do seu forte conhecimento da realidade local, estou convicta de que o Daúdo contribuirá para o crescimento do negócio, concretizando o desejado aumento no volume de fretes internacionais e na nossa quota de mercado.”
Distribuído pela African Media Agency (AMA) em nome do DHL.
DHL é a marca líder mundial no setor de logística e transporte. A família de divisões da DHL proporciona uma incomparável carteira de serviços logísticos que vão desde a entrega de pacotes nacionais e internacionais, as soluções avançadas para o e-commerce, o transporte express internacional, o transporte por estrada e a carga aérea e marítima, até à gestão de toda a cadeia de fornecimento. Com mais de 350.000 empregados em mais de 220 países e territórios de todo o mundo, a DHL liga as pessoas e as empresas de forma segura e fiável facilitando assim o comércio mundial. Com soluções especializadas para mercados em crescimento e setores como a tecnologia, as ciências da saúde, a energia, o automobilismo e o setor retalhista, com um sério compromisso para com a responsabilidade corporativa e uma forte presença nos mercados emergentes, a DHL está posicionada de forma decisiva como “A companhia logística para o mundo”.
A DHL faz parte do grupo Deutsche Post DHL Group. Em 2016, o Grupo teve uma faturação de mais de 57.000 milhões de euros.
Contactos para comunicação social:
DHL na Ásia-Pacífico e EOMA (Europa, Oriente Médio e África)
Comunicados e Responsabilidade Corporativa:
Tel: +65 6771 3332
Fax: +65 6771 3322
Disrupt or be disrupted: it’s do-or-die for African telcos in 2018
February 14, 2018 | 0 Comments
by Mariam Abdullahi, Telco Industry Lead at SAP Africa
JOHANNESBURG, South Africa – 14 February 2018, -/African Media Agency (AMA)/- No industry will remain undisrupted in 2018 and the years to come. But for African telco providers, who have feasted on near-uninterrupted subscriber and revenue growth over the past two decades, the need to adapt is paramount. In a market where the average business lifespan is 12 years (compared to 25 years in the last two decades) the objective is not to simply improve that which is already working. African telcos need radical transformation of entire business models in order to become digital supply networks and re-imagine work, resources management, and contingent worker management.
Since the advent of the Internet and the more recent emergence of technologies that include machine learning, IoT, cloud computing, and predictive analytics, businesses with exponential growth models such as Amazon, Uber, Airbnb and MPESA have entirely transformed their industry sectors almost overnight.
Thanks at least in part to these companies, customer expectations have ballooned, with modern consumers demanding personalised, efficient service at low cost and with added convenience. Talented employees have also increasingly gravitated toward these companies, putting further pressure on incumbents who suddenly are outperformed and out-innovated at every turn. “Too big to fail” in today’s market is a near-certain recipe for decline and eventual disaster.
Telco execs heeding the call
Telco executives across Africa and other emerging markets have scrambled to reinvent their business models in the face of shifting customer demands and the arrival of agile, customer-centric competitors. Airtel Africa merged its Ghana operations with Tigo Ghana and sold off operations in Sierra Leone and Burkina Faso to adapt to rapidly changing market conditions. South Africa’s Cell-C is seeking investments into fibre-to-the-home providers to enable its diversification into new service offerings including insurance and media.
Further afield in India, LTE and Voice-over-LTE operator Jio acquired 100 million subscribers in only six months by offering free voice services for life to its customers, prompting a sudden merger between Vodafone India and Aditya Birla Group’s Idea operations to form India’s largest telecoms company.
Kenya’s Safaricom is building on its much-lauded MPESA platform by diversifying into new revenue streams, including Uber competitor Little and e-commerce portal Ma Soko to claim a greater share of its customers’ wallets.
These companies have already felt the effects of declining traditional revenue streams as disruption from the likes of OTT players such as WhatsApp, Skype and YouTube put pressure on what was until recently primary (and highly dependable) sources of revenue. According to PwC, many telco operators globally are seeing revenue drop-offs of as much as 30% in SMS, 20% in international voice, and 15% in international roaming. Incremental improvements and operational changes are no longer enough. Those that can adapt to take advantage of technology megatrends such as hyper connectivity, cloud computing, and IoT are far better placed to reinvent their business models and can further incorporate Software Defined Networks and Network Function Virtualisation to speed up the innovation cycle.
The nature of transformation in 2018
Digital transformation in 2018 is not about cutting costs or optimising existing processes. It is a relook of the entire telco business model. It is asking the hard questions: Am I serving my customers in the right way? Are my operations efficient? Is cost-cutting adequate and sustainable? Am I able to hire the correct staff, attract the best talent, and empower them to contribute to an inclusive and innovation-focused workplace?
Telco executives must ensure their companies’ day-to-day culture drives innovation across the entire business. The aim should be on developing personalised services and to deliver such services in a way to meets the demands of an empowered customer base. The only way to do that is to have access to the correct customer insights – such as data usage and consumption habits, call volumes, area of residence – and to act on such insights in a humane and personalised manner. For this, analytics and data are key, especially when matched to an in-memory computing platform that enables real-time actionable insights.
At a time when telco offerings are highly commoditised and there’s not too much distinguishing one operator from the other, telcos need to simplify their core business operations to allow for the development of a clear unique value proposition for sustainable growth that takes local conditions into account. For example, with so many African countries not yet fully adopting 4G technology, does it truly make sense to invest heavily in emerging 5G technology?
The African telco market has moved away from improvement to large-scale disruption and transformation. Telcos who embark on a process of total business model change underpinned by powerful exponential technologies will be far better placed to withstand and overcome the challenge posed by the new breed of disruptors.
2018 will determine who adapts, maximises on operational efficiencies, leverages innovation for new revenue streams and who relies on old ways of doing businesses that negatively impacts their Go To Market offerings.
Distributed by African Media Agency (AMA) on behalf of SAP Africa.
For more information, visit the SAP News Center, or follow on Twitter @sapnews
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 345,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
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Bill and Melinda Gates Release 2018 Annual Letter: “The 10 Toughest Questions We Get”
February 13, 2018 | 0 Comments
SEATTLE, United States of America, February 13, 2017,-/African Media Agency (AMA)/- Today, Bill and Melinda Gates share their 2018 Annual Letter, “The 10 Toughest Questions We Get.” In this year’s letter, the tenth one that they’ve written, Bill and Melinda respond to 10 tough questions they’ve received over the years from nonprofit partners, government leaders, the general public – and supporters and critics alike.
They open the letter by noting that while the majority of headlines focus on the negative, they see a world that’s getting better, citing that the number of children who die every year has been cut in half since 1990 and extreme poverty has declined by nearly half in just 20 years.
The letter also includes tough questions that are relevant to their work in Africa, including questions about the foundation’s influence and why they are giving away their wealth.
In relation to their work in Africa and other regions, the co-Chairs of the foundation were asked whether they were imposing their values on other cultures. In their answer, Bill and Melinda outlined their commitment to listening and learning from their local partners in an effort to avoid the mistakes of past development programs, and the shared common values that unite the world.
“We’re acutely aware that some development programs in the past were led by people who assumed they knew better than the people they were trying to help. We’ve learned over the years that listening and understanding people’s needs from their perspective is not only more respectful-it’s also more effective,” said Melinda Gates.
“The idea that children shouldn’t die of malaria or be malnourished is not just our value. It’s a human value. Parents in every culture want their children to survive and thrive,” said Bill Gates.
The 10 questions in the letter touch on a variety of topics ranging from education and climate change, to politics and partnership. To read the letter in its entirety, visit www.gatesletter.com.
To watch and download videos of Bill Gates answering tough questions related to the foundation’s work in Africa, follow this link.
@BillGates @MelindaGates @GatesAfrica @GatesFoundation
About the Bill & Melinda Gates FoundationGuided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. In developing countries, it focuses on improving people’s health and giving them the chance to lift themselves out of hunger and extreme poverty. In the United States, it seeks to ensure that all people-especially those with the fewest resources-have access to the opportunities they need to succeed in school and life. Based in Seattle, Washington, the foundation is led by CEO Sue Desmond-Hellmann and Co-chair William H. Gates Sr., under the direction of Bill and Melinda Gates and Warren Buffett.
The Bill & Melinda Gates Foundation works with partners in more than 45 African countries to reduce poverty and improve health. Some of the major areas of investment include agriculture, child health and nutrition, family planning and financial services for the poor. Between 2001 and 2016, the foundation invested more than $9 billion across Africa.
About Bill Gates
Bill Gates is co-chair of the Bill & Melinda Gates Foundation.
Along with co-chair Melinda Gates, he shapes and approves grant-making strategies, advocates for the foundation’s issues, and helps set the overall direction of the organization.
Bill and Melinda Gates work together to expand opportunity to the world’s most disadvantaged people by collaborating with grantees and partners. They also participate in national and international events and travel extensively to focus attention on the issues the foundation champions.
Gates began his major philanthropic efforts in 1994, when he created the William H. Gates Foundation, which focused on global health. Three years later, he and Melinda created the Gates Library Foundation, which worked to bring public access computers with Internet connections to libraries in the United States. Its name changed to the Gates Learning Foundation in 1999 to reflect its focus on ensuring that low-income minority students are prepared for college and have the means to attend. In 2000, to increase efficiency and communication, the two groups merged into the Bill & Melinda Gates Foundation.
In 1975, Gates left Harvard University in his junior year to focus on Microsoft, the company he founded with his childhood friend Paul Allen. As chief software architect and chairman, Gates led the company to become the worldwide leader in business and personal software, services, and solutions. In July 2008, Gates transitioned into a new role as chairman of Microsoft and advisor on some key development projects.
He is a member of the board of directors of Berkshire Hathaway Inc.
Gates grew up in Seattle with his two sisters. His father, William H. Gates Sr., is a co-chair of the foundation and a retired attorney. His late mother, Mary Gates, was a schoolteacher, University of Washington regent, and chairwoman of United Way International. The Gateses have three children.
About Melinda Gates
Melinda Gates is co-chair of the Bill & Melinda Gates Foundation.
Along with Bill, she shapes and approves the foundation’s strategies, reviews results, and sets the overall direction of the organization. Together, they meet with grantees and partners to further the foundation’s goal of improving equity in the United States and around the world.
Through her work at the foundation over the last fifteen years, Melinda has seen first-hand that empowering women and girls can bring transformational improvements in the health and prosperity of families, communities and societies. In 2012, Melinda spearheaded the London Summit on Family Planning, which adopted the goal of delivering contraceptives to an additional 120 million women in developing countries by 2020. Her work has led her to increasingly focus on gender equity as a path to meaningful change.
The second of four children, Melinda grew up in Dallas, Texas. She received a bachelor’s degree in computer science and economics from Duke University in 1986 and a master’s in business administration from the Fuqua School of Business in 1987.
After joining Microsoft Corp. that year, she distinguished herself as a leader in the development of multimedia products and was later appointed Microsoft’s General Manager of Information Products. In 1996, Melinda left Microsoft to focus on her philanthropic work and family.
Melinda lives with her husband and three children in Seattle, Washington.
DHL Global Forwarding appoints Daúdo Vali as Country Manager in Mozambique
February 13, 2018 | 0 Comments
MAPUTO, Mozambique, 13 February 2018, -/African Media Agency (AMA)/- DHL Global Forwarding, the leading international provider of air, sea and road freight services, has appointed Daúdo Vali as Country Manager, Mozambique. With the appointment, Daúdo will lead and manage the country’s operations and be responsible for driving its business growth.
Daniella De Pauw, CEO, DHL Global Forwarding Sub-Saharan Africa, said, “Daúdo has proven to be a capable logistics professional who knows the region well, and remains a key asset for our business. Over the years, he has built a wealth of experience and first-hand knowledge of day-to-day operations – having risen through the ranks in DHL over the last five years. His appointment to this new role is a valuable addition to the business, as we continue to expand our footprint in Africa. With his strong understanding of the local business and cultural practices, I’m confident that Daúdo will help us realize this market’s full potential, amid the anticipated growth in freight volumes.”
Distributed by African Media Agency (AMA) on behalf of DHL.
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