CryptoMetalExchange© will usurp the dominant fraudulent paper schemes that are currently perpetrated on COMEX and LBMA
September 21, 2017 | 0 Comments
|MetalZoom.Energy aims to disrupt this system by using open source Lynux Hyperledger Fabric blockchain to enable open bid auctions of Cryptocurrency for metal delivery|
DENVER, United States of America, September 21, 2017/ — MetalZoom.Energy (the “Company”) (www.MetalZoom.energy) advises that it has embarked upon the creation of the world’s first Crypto Metal Exchange. The founder of MetalZoom.Energy Marc Ward tells us “Our Crypto-Metal Exchange will provide a platform for miners to auction physical metal to the global consumer without any interference. The blockchain technology ensures zero corruption and results in untampered supply and demand forces to play out transparently.”
Ward, a Data Scientist who scored a perfect 800 on the quantitative GRE wrote an algorithm that correctly predicted the next move of the Nasdaq 100 futures market 88% of the time, over 4,000 times each trading day.
MetalZoom.Energy aims to disrupt this system by using open source Linux Hyperledger Fabric blockchain to enable open bid auctions of Cryptocurrency for metal delivery. Ward explains that “the futures exchange settles in debt currency instead of metal delivery. We plan to disrupt this by having metal ready for delivery and enabling consumers and investors to bid for that metal delivery with Cryptocurrencies across a transparent yet private blockchain framework”.
There are other facets to MetalZoom.Energy including Crypto Metal Mining which will enable miners to initiate a mine to produce metal. Those who acquire these Metal Delivery contracts will fund the miners directly via smart contracts with Cryptocurrency payouts and expect delivery of the metal extracted by the miners via the MetalZoom delivery services.
MetalZoom.Energy is quickly gaining the support of industry leaders with endorsements from the likes of Bill Murphy, Chairman of GATA (Gold Ant-trust Action Committee), Craig Hemke (aka Turd Ferguson of TF Metals Report), Elijah Johnson of www.FinanceandLiberty.com, Cardwell Lynch of the C-Sigma Show, V of Rogue Money Radio, GManIV and SilverDoctors.
Ward is embarking on a tour to Africa where he aims to promote MetalZoom.Energy to the local crypto community and convince miners to offer their metal for auction on the Crypto Metal Exchange. Ward arrives in Johannesburg on 18 October 2017. He will be the keynote speaker at a business breakfast on Thursday 19 October 2017 being held at the Wanderers Golf Club in Sandton, hosted by Mail & Guardian, before moving onto Cape Town where he will be attending several events.
MetalZoom.Energy is the world’s first private energy firm and the first Cryptocurrency with an honor code. MetalZoom.Energy has created the private-partnership Crypto-Metal Exchange. A private platform where producers and end users can engage in trades based upon unfettered real value.
SOUTH AFRICAN AIRWAYS VACATIONS® INTRODUCES ITS 2018 COLLECTION BROCHURE
September 21, 2017 | 0 Comments
Fort Lauderdale, FL (September 20, 2017) – South African Airways Vacations® (SAA Vacations®) launches its 2018 Collection brochure, featuring an expanded portfolio of affordable air-inclusive vacation packages to a variety of destinations throughout Southern and East Africa. The new 2018 brochure features a curated collection of the most popular value-packed vacation packages along with product information on South African Airways (SAA) and South African Airways Vacations®. Once again, SAA Vacations® is offering a digital version of the Collection brochure to make it easier and more efficient for both travel agents and consumers to explore options and book an African vacation of a lifetime.
For 2018, SAA Vacations® has introduced an array of 15 new hotels and safari lodges, nearly doubling their product offering to some of the most popular destinations throughout Africa. From trendy four and five star hotels in cosmopolitan cities like Johannesburg and Cape Town to luxury safari lodges, where guests can experience the “Big Five” wildlife, the enhancement of the SAA Vacations® portfolio greatly increases travelers’ options of affordable air-inclusive luxury packages to Africa.
“SAA Vacations® offers exciting and varied itineraries to both Southern Africa and East Africa that are fully customizable to cater to both luxury and budget travelers,” said Terry von Guilleaume, president of South African Airways Vacations®. “We are excited to partner with some of Africa’s best hotels and lodges to bring spectacular packages for 2018. And with air-inclusive packages starting at just $1899, travel to Africa is more affordable than ever.”
Highlights of the SAA Vacations® 2018 Collection include exceptional value on some of their most popular air-inclusive packages:
“Captivating Cape Town” This 5-night package is designed for those travelers who want to explore the beautiful city of Cape Town. Starting at $1,899* (restrictions apply) per person and includes five-nights in Cape Town with deluxe accommodations, full day Cape Peninsula tour, half day Cape Wine lands tour with wine tasting , Hop-on-Hop off bus pass and ground transfers.
“Wine and Safari” This vacation package begins with a three-night stay in Cape Town, a full-day tour of the Cape Peninsula and the Cape of Good Hope. Then off to South Africa’s wine region with a two-night stay in the historical town of Stellenbosch and a private Winelands tour. The experience continues with a safari and accommodations at Kapama River Lodge for a three-night stay near the world-famous Kruger National Park to enjoy morning and afternoon game drives to view Africa’s Big Five. The 8-night package starts at $4,399** (restrictions apply) per person.
“Introducing Ghana” Explore Accra with this 5-night package, starting at $2,999* (restrictions apply) per person and includes deluxe accommodations in Accra, Kumasi, and Cape Coast, full day tours, private vehicle transportation and ground transfers.
The South African Airways Vacations® 2018 Collection brochure is available online, click here or below. Travelers are encouraged to contact SAA Vacations’® Africa specialists at 1-855-FLY-SAAV or their professional travel consultant. For more information about our 2018 Collection visit: www.flysaavacations.com.
All advertised air-inclusive packages are commissionable and can be customized for both groups and individuals. Tailor made itineraries are our specialty and our team of Africa Specialists are standing by to assist you in creating a vacation of a lifetime.
Aliko Dangote at UN General Assembly in New York: “Africa will become the food basket of the world” ; “Five of the twelve million jobs needed in Africa soon must be created in Nigeria”; “We should pray that oil prices remain low”
September 21, 2017 | 0 Comments
NEW YORK, United States of America, September 20, 2017/ — Nigerian business leader Aliko Dangote told investors “Agriculture, agriculture, agriculture. Africa will become the food basket of the world.”
In a packed room at the headquarters of global law firm Shearman and Sterling LLC high level business leaders and international diplomats invited by the Corporate Council for Africa to hear Africa’s richest man, Aliko Dangote, and Rwandan president Paul Kagame openly converse on Africa’s opportunities and challenges.
Both leaders underscored the ongoing movement to diversify African economies. In the case of Nigeria, Africa’s largest economy, Dangote stated “we should pray that oil prices remain low. This helps wean us off the dependency on revenues from petroleum. We must take oil to be the icing on the cake. We already have the cake,” he added.
In addition to agriculture Dangote cited Nigeria’s vast mineral resources and gas as well and the need to manufacture more goods locally for domestic consumption. Both he and President Kagame cited continued need for heavy investments in education and connected the need for young people to be well trained for the jobs of tomorrow.
Dangote predicted that “five of the twelve million jobs needed in Africa soon must be created in Nigeria.”
Dangote’s fortune which stems from cement, sugar, and other household commodities has expanded into fertilizer and other processed high-value goods. “Technology of course helps us a lot and our factories are state of the art with the use of robotics but we shouldn’t be overly tech oriented to create wealth,” he told investors.
Mr. Dangote who is often cited as one of the most inspiring business leaders in the world today and a model for young entrepreneurs offered advice to Americans who tend to rely on outdated news and wrong perceptions of Africa, “Don’t be lazy. Go there and find the real story for yourself. Things have changed.”
Dangote noted the Rwanda success story where he has business interests as an example of positive change, good governance and leadership, and where corruption has been cured. He cited a personal experience of offering a $100 US tip for services at the Kigali Airport to staff who refused to take money for work they were paid to do. President Kagame was praised for delivering the environment for growth he promised. “There is nothing African about corruption,” the Rwandan president added.
The session was moderated by Rosa Whitaker, former US Trade Representative and author of the AGOA (African Growth Opportunity Act), whose business consultancy is credited for helping both African governments and US companies develop commerce.
The Jim Ovia Foundation Pledges $2 Million to the Africa-America Institute to Support Higher Education
September 21, 2017 | 0 Comments
New York- 21 September, 2017- Mr. Jim Ovia, Founding Chairman of Zenith Bank, announced the establishment of a new scholarship program, The Jim Ovia Foundation Leaders Scholarship Fund, in partnership with the Africa-America Institute (AAI). The two million dollar pledge will finance four-year degree programs for high-achieving African students to attend world-class institutions around the globe. The announcement came during the 33rd Annual AAI Awards Gala.
African Women in Agriculture The Marrakech Declaration
September 21, 2017 | 0 Comments
Ambitious Road map in the works after Marrakech African Women in Agriculture (AWA)” Conference
September 19, 2017 | 0 Comments
African Women in Agriculture
Marrakech September 13, 2017
Radisson Blu Hotel
The Marrakech Declaration
We, the women attending the ”Believe in Africa – African Women in Agriculture (AWA)” Conference held in Marrakech on 11-13th September 2017 at the Radisson Blu Hotel.
We express our deep gratitude to His Royal Majesty, King Mohammed VI for his strong leadership in advancing the African continent’s economic development and his special attention to women.
We hereby make this declaration:
We thank Madam Mbarka Bouaida, Secrétaire d’Etat au près du Ministre de l’Agriculture Chargé de la Pêche Maritime for her leadership and commitment to women empowerment;
We thank H.E. John Dramani Mahama, Former President of The Republic of Ghana for his encouragement and unwavering support to women empowerment and specifically in the agricultural sector;
We express to the Ministry of Solidarity, Women, Family and Social Development our willingness to strengthen our collaboration;
We thank M. Abdelfateh Bjioui, WALI of Marrakech region – Safi for his hospitality and support;
We thank the leadership of Office Chérifien des phosphates Group (OCP Group) For their support to women empowerment in the agricultural sector;
We thank the Moroccan Agency for Social Development for their support to women specifically for revenues generating activities
We thank UN Women and US Africa Development Foundation for their support women particularly in Burkina Faso, Senegal and Mali;
After two days of deliberations resolved as follows:
- To establish an “Believe in Africa” Chapter in Africa;
- To create “African Women in Agriculture” initiatives (AWA).
- To institutionalize the annual “Believe in Africa African Women in Agriculture congress;
- Urge all stakeholders to:
- Create The “African Award for Media in Agriculture and Sustainable Development” to encourage media to promote African women in Agriculture image;
- Establish an “African Traditional Rulers Award” to encourage African traditional rulers to supporting women access to land;
- Establish an ”International Day of African
Women in Agriculture” with the aim of:
- Highlighting and increasing visibility of women’s role in agriculture and sustainable development
- Rebranding the image of women in agriculture;
- Launch the “One Roof = One Garden” initiative to promote food self sufficiency, to enhance youth and women job creation in urban areas and promote urban agriculture;
- Find creative ways to raise and mobilize funding to support African women in agriculture’ access to credit, finance services and business development services.
- Enhance competitiveness for African women in agriculture by guiding on ways to promote value added products, facilitating market access through proper labeling, safety, marketing and branding;
- Provide guidance to women on ways to improve safety and quality assurance measures with a view to gaining access to global markets;
- Advocate and search for an organization that will lead and support an African Certification and labeling structure, internationally recognized.
- Invest in capacity building programs for women along the entire agricultural value chain;
- Advise women on ways to have access to land ownership.
- Increase the use of mechanization and appropriate biotechnology for women in agriculture;
- Support women to access up to date information on agribusiness, technology and international best practices;
- Extend all agricultural incentives to women in Art and Handicraft.
Signed by Angelle Kwemo, Founder and President Believe in Africa
Approved by women attending African Women in Agriculture conference representing different nationalities (Cameroon, Morocco, Nigeria, Benin, Togo, Burkina Faso, Democratic Republic of Congo, Cote d’Ivoire, Ghana, Congo, Kenya, Chad, Guinea Bisau, Senegal, Mali, Cape Verde)
Official launch of NEPAD’s 5% Agenda initiative for infrastructure financing in Africa
September 19, 2017 | 0 Comments
|Bridging Africa’s $68bn infrastructure finance gap|
NEW YORK, United States of America, September 18, 2017/ — The New Partnership for Africa’s Development (NEPAD) (www.NEPAD.org) – African Union’s economic development programme gathered international investors and CEO-level business leaders at the NASDAQ Stock Market today, 18th September, for the launch of its 5% Agenda campaign.
The launch took place five years after a January 2012 African Union Summit adopted the Programme for Infrastructure Development in Africa (PIDA) which sets out 51 cross-border infrastructure programmes and more than 400 actionable projects in four sectors.
According to the World Bank, the continent needs to spend $93 billion annually (44% for energy; 23% for water and sanitation; 20% for transport; 10% for ICTs; and 3% for irrigation) until 2020 to bridge its infrastructure gap, which is currently removing an estimated 2% of GDP growth every year. On the other hand, Africa only managed to close 158 project finance deals with debt totalling $59 billion over the decade 2004-2013, which represents only 5 percent of infrastructure investment needs and 12 percent of the actual financial flows.
The 5% Agenda campaign highlights that only a collaborative public-private approach can efficiently tackle these issues and calls for allocations of institutional investors to African infrastructure to be increased to the declared 5% mark.
Speaking at the launch event in New York, Ibrahim Assane Mayaki, NEPAD Chief Executive Officer, commented: “Infrastructure plays a leading role in supporting growth on the continent. At the same time, it can represent an innovative and attractive asset class for institutional investors with long-term liabilities. By launching the 5% campaign in New York today, we invite investors to take advantage of the wide-ranging opportunities Africa has to offer and to move forward with what can only be a win-win partnership”.
The launch of the campaign gathered high-level international investors and business leaders, including members of the PIDA Continental Business Network (CBN) which is spearheaded by NEPAD and constitutes a CEO-level private sector infrastructure leaders dialogue platform on PIDA.
Tony O. Elumelu, one of Africa’s most prominent entrepreneurs and active participant in the CBN said: “Africa is getting stronger every day with new business opportunities and innovative ideas but what is still crucially missing is project implementation. A coherent and coordinated approach is needed to mobilize institutional investors while limiting their risk exposure. African governments need to work on creating conducive environments to attract these investments which are so vital for the continent’s growth and development.”
According to a 2016 McKinsey report, institutional investors and banks have $120 trillion in assets that could partially support infrastructure projects.
Now more than ever, Africa needs to tap into this available. As banks face additional regulatory challenges and as governments have limited fiscal space, it is becoming increasingly urgent to unlock additional flows from long-term institutional investors such as insurers, pension funds, and sovereign wealth funds.
For pension and sovereign wealth funds to be able to invest in large-scale infrastructure projects in Africa, a variety of issues need to be addressed to strategically and intentionally facilitate long-term allocations. Chief amongst these matters is the need to reform national and regional regulatory frameworks that guide institutional investment in Africa. Likewise, new capital market products need to be developed that can effectively de-risk credit and hence, allow these African asset owners to allocate finance to African infrastructure as an investable asset class to their portfolio.
All these issues are at the heart of the 5% Agenda roadmap, which is the backbone of NEPAD’s campaign and is foreseen to have the following impact:
Africa’s economic giants face increasing competition from upcoming Kenya and Ethiopia
September 14, 2017 | 0 Comments
|New Africa Risk-Reward Index provides investors with a synthesis of risks and opportunities across the African continent|
JOHANNESBURG, South Africa, September 14, 2017/ — Africa’s economic giants, Nigeria, South Africa and Egypt, have been stumbling recently. Rising security risks and political instability in Egypt, economic downturn and militancy in Nigeria and escalating political risks in South Africa led to doubts whether the balance between risks and opportunities in these markets is still favourable for businesses. Despite recent recovery in Nigeria and South Africa, Kenya and Ethiopia might soon outshine these heavy-hitters in the competition for investment, according to the newly released Africa Risk-Reward Index developed by Control Risks (www.ControlRisks.com) and Oxford Economics.
Paul Gabriel, Senior Analyst for Africa at Control Risks and lead-author of the report comments:
Distributed by APO on behalf of Control Risks Group Holdings Ltd.
Media contacts: Control Risks Friederike Lyon Marketing Director +49 30 533 288 55 +49 173 619 54 66 Friederike.Lyon@ControlRisks.com
Africa50 Gains Guinea and Democratic Republic of Congo as Shareholders; Highlights Strategy and Investment Pipeline
September 13, 2017 | 0 Comments
IGD Fall Frontier 100 Forum to Convene African and Global Business Leaders, Investors to Drive Action on Increasing U.S. Investment in Africa
September 12, 2017 | 0 Comments
African Development Bank and African Export-Import Bank (Afeximbank) will serve as Collaborating Partners for the IGD Fall Forum
Forum to host the Africa investor (Ai) Development Finance-Institutional Investor Roundtable
Fireside Chat with a top U.S. government official and Congressional Roundtable on Capitol Hill to focus on shaping U.S.-Africa trade and economic policy
WASHINGTON D.C. – September 12, 2017 – The Initiative for Global Development will hold its Fall Frontier 100 Forum on October 11-12, 2017, in Washington, DC, where African and global business leaders will convene to drive action on unlocking greater U.S. investment in Africa and African mid-sized companies for sustainable development and inclusive growth.
The invitation-only Fall Forum will be held on Capitol Hill and Covington law office in Washington, DC.
Under the theme “Growing the ‘Middle’: Investing in African Companies for the Continent’s Economic Transformation”, the Fall Frontier 100 Forum will bring together CEOs and senior executives from IGD’s Frontier Leader network to offer insight and scalable solutions on spurring investment opportunities to grow African companies and forge stronger business relationships between investors and African private sector leaders.
The tremendous growth of African mid-sized companies, maturation of African capital markets, bulging middle class, and steady economic growth are making the continent increasingly attractive for investment.
Yet, despite the growth opportunities, investment in the Sub-Saharan African region remains relatively low compared to other regions of the world. Private equity and principal investment capital under management in sub-Saharan Africa remain at only 0.1% of GDP, compared to approximately 1% of GDP in Western countries, cited a 2016 report by the Boston Consulting Group (BCG).
“African companies are the drivers of growth on the continent,” said Dr. Mima S. Nedelcovych, IGD President & CEO. “Given Africa’s rapidly evolving landscape, our Forum aims to focus on solutions and creative investment strategies to increase U.S. investment in Africa and dynamic African mid-sized companies that deliver high-returns and contribute to the continent’s economic transformation.”
The Fall Forum will host the Africa Investor (Ai) Development Finance-Institutional Investor Roundtable, which will feature a high-level dialogue led by key leaders from the Development Finance industry with counterparts from the institutional investment community. The discussion will center on new partnership strategies and vehicles available to de-risk and finance African infrastructure investment assets. African Ministers and DFI officials will offer responses to the roundtable discussion.
“African asset owners, principally pension and sovereign funds, allocate less than 1.5% of their assets under management (AUM) to infrastructure development on the continent, whilst Africa is struggling to mobilize private capital for its $50 billion plus, per annum infrastructure deficit,” commented Hubert Danso, CEO and Vice Chairman, Africa investor (Ai). “This Ai dialogue session will build on Ai’s leadership role over the last five years, creating product and execution risk reward alignment, between institutional investors, DFI’s and Ministers of Finance, to pursue infrastructure co-investments and institutional investor public partnerships (IIPP’s),” he added.
On October 11, the Fall Forum will open with an interactive investor session led by a team from PYXERA Global that will take participants through a real-time simulation that moves from traditional investor/implementer relationships to mutually beneficial collaborations that align business goals with growth and opportunity in Africa.
A Fireside Chat with a top U.S. government official followed by a congressional roundtable on shaping U.S.-Africa trade and economic policy to improve Africa’s investment environment will be held on Capitol Hill. An evening reception, sponsored by the African Development Bank, will highlight a congressional delegation visit to West Africa.
A full-day of forum sessions on October 12, will feature keynote addresses and engaging panel sessions on “Attracting Private Equity Investments to Propel Inclusive Growth Opportunities for African Companies”, “Strengthening the Value Chain: Financing Africa’s Agro-processing Industry”, and “Exploring Franchise Investment Opportunities: Win-Win for Building Africa’s Private Sector?”.
The Fall Forum will conclude with an evening reception to roll out a grassroots campaign on increasing U.S. investment in Africa. The grassroots campaign is part of IGD’s Africa Investment Rising campaign, a communications and advocacy effort aimed at changing the narrative on doing business in Africa by showcasing the continent’s business and investment potential and private sector leaders through multimedia storytelling, blogs and strategic traditional and social media outreach.
Forum sponsors, to date, include the African Development Bank and African Export-Import Bank as Collaborating Partners; Covington as Platinum Sponsor; Ex-Im Global Partners as Gold Sponsor; Clin d’Oeil Magazine as Silver Sponsor; and Africa investor as Organizational Partner.
For more information on the Frontier 100 Forum and to register as “Media”, please click here. To become a media partner or to cover the forum, contact Shanta Bryant Gyan, Initiative for Global Development at email, firstname.lastname@example.org or call 202-412-4603
New diagnostic test for human African Sleeping Sickness
September 12, 2017 | 0 Comments
Sleeping sickness, or Human African Trypanosomiasis (HAT), is caused by parasites transmitted by tsetse flies in sub-Saharan Africa and has a devastating impact, causing thousands of deaths each year.
Today, September 12th, the international non-profit organisation FIND and the diagnostics company Alere launched their second-generation rapid diagnostic test (RDT) for sleeping sickness. This second-generation test is easier and safer to produce, using recombinant protein technology to produce the two diagnostic antigens, one of which is completely new.
The new test, SD BIOLINE HAT 2.0, costs US $0.50 each and requires no specialist equipment to diagnose sleeping sickness from a pin-prick of blood, providing the same level of accuracy but in a more robust production format.
The test has been developed from research performed in the laboratories of Professor Mike Ferguson at Dundee and Professor Mark Carrington at Cambridge, with device prototyping done at BBI Solutions in the Dundee Technology Park.
“This is a terrible disease that causes character disintegration, psychological deterioration followed by coma and death, and current treatments are far from ideal,” said Professor Carrington.
“The World Health Organisation’s goal is to eliminate HAT and rapid and accurate diagnosis is essential to achieving this objective. It is extremely encouraging for us as researchers to see our work now being deployed in the field where it can make a real difference to people.”
The work at Dundee and Cambridge was supported through separate funding streams from the Wellcome Trust and the Medical Research Council (MRC).
Both the Dundee and Cambridge labs were supported by the Wellcome Trust at the time the research was done, and much of the work was performed by Dr Lauren Sullivan, MRC PhD student and then MRC Centenary fellow between 2008 and 2013, and Dr Mandy Crow, MRC PhD student between 2000 and 2004.
Professor Ferguson said, “Sometimes impactful work comes from side-projects where one synthesises funding streams, in this case from the MRC and the Wellcome Trust, and works across institutions and with industrial partners to do something more speculative or applied. The science underpinning this new diagnostic device is a good case in point.”
Announcing 2017-2019 Next Einstein Forum Fellows, Africa’s top scientists solving global challenges
September 12, 2017 | 0 Comments