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Konnect Africa Brings Wi-Fi to Rural African Communities
November 10, 2017 | 0 Comments
Company unveils SmartWIFI service offering at AfricaCom 2017
CAPE TOWN, South Africa, November 9, 2017/ — Konnect Africa (www.Konnect-Africa.com), the Eutelsat-owned satellite broadband service provider, has unveiled SmartWIFI, a new hotspot service, as part of its ongoing commitment to bring digital opportunities to Africans.

This new service leverages Konnect Africa’s powerful, reliable satellite broadband network to enable sales outlets (retailers, hospitalities, gas stations, etc.) as well as healthcare centres or schools to become a connectivity point and digital gateway to opportunity for the surrounding population. Users will be able to access the internet from a distance of several hundred metres around the hotspot. Access can be extended to several kilometres through off-the-shelf Wi-Fi repeaters.

Users can access the SmartWIFI service through vouchers or mobile payment schemes. In addition, SmartWIFI comes with a unique local data storage system, enabling users in remote areas to access smart digital content free of data charges, including online courses and education programmes, sports and entertainment. Mobile and computer applications will also be available to help support daily business activities.

Konnect Africa CEO, Laurent Grimaldi commented from AfricaCom (http://APO.af/lb7KAQ): “This new Wi-Fi hotspot solution is designed specifically to address the needs of the majority of the African population that lives in rural areas, where there is a need to reduce the digital divide. In leveraging the ubiquity of our satellite network and locally operated hotspots we will foster more productive uses of digital technology to make everyday tasks easier for individuals and allow businesses in more remote areas to expand their footprint – let’s just think of weather apps to assist farmers, mobile phones to display bus timetables, or better information on market days that can help small producers enlarge their catchment area”, he added.

SmartWIFI will be available in all countries covered by Konnect Africa’s satellite broadband service. The new hotspot service will be deployed in partnership with local Internet service providers and telecom operators in strategic areas across Sub-Saharan Africa.

 

https://youtu.be/_R-tlB35QgU

Details on the new hotspot solution were presented by Konnect Africa during AfricaCom’17 in Cape Town.

Set up by Eutelsat in 2015, Konnect Africa (www.Konnect-Africa.com) aims to be the leading player in providing state-of-the-art satellite broadband solutions to telecom operators and internet service providers throughout the African continent. Konnect Africa’s ambition is to boost social and economic development in Sub-Saharan Africa by providing affordable broadband connectivity everywhere thus reducing the digital divide. With the aim of “taking broadband further”, Konnect Africa launched commercial services in June 2017 and is developing partnerships in nine African countries.

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Ericsson Report: 310 million LTE subscriptions in Sub-Saharan Africa by 2023
November 10, 2017 | 0 Comments
The report also announces that mobile subscriptions in Sub-Saharan Africa are expected to grow by six percent, between 2017 and 2023, from 700 million mobile subscriptions in 2017 to 990 million subscriptions by 2023
CAPE TOWN, South Africa, November 9, 2017/ —

  • LTE subscriptions will expand by 47 percent from 30 million in 2017 to 310 million by 2023 in Sub-Saharan Africa.
  • Sub-Saharan Africa mobile broadband subscriptions are forecasted to grow by 16 percent from 350 million in 2017 to 880 million by 2023.
  • The first 5G subscriptions in the Middle East and North Africa are expected from 2020, reaching around 17 million subscriptions by the end of 2023.

The latest regional appendix to the upcoming Ericsson (NASDAQ:ERIC) (www.Ericsson.com) Mobility Report forecasts that LTE subscriptions will expand by 47 percent from 30 million in 2017 to 310 million by 2023 in Sub-Saharan Africa.

The report also announces that mobile subscriptions in Sub-Saharan Africa are expected to grow by six percent, between 2017 and 2023, from 700 million mobile subscriptions in 2017 to 990 million subscriptions by 2023.

Moreover, mobile traffic in the Middle East and Africa (MEA) will increase at a compound annual growth rate (CAGR) of 49 percent while mobile subscriptions for the total MEA region are expected to grow at four percent CAGR between 2017 and 2023, from 1.59 billion in 2017 to 2.03 billion by 2023. This equates to three percent growth in the Middle East and North Africa, from 890 million mobile subscriptions to 1.04 billion subscriptions between 2017 and 2023.

On the other hand, mobile broadband subscriptions are forecast to grow by 15% for the MEA region from 820 million in 2017 to 1.85 billion by 2023. This is broken down into a 13 percent increase for the Middle East and North Africa from 460 million mobile broadband subscriptions in 2017 to 980 million by 2023. Similarly, Sub-Saharan Africa mobile broadband subscriptions are forecasted to grow by 16 percent from 350 million in 2017 to 880 million by 2023.

When it comes to LTE subscriptions, the MEA region is expected to grow by 29 percent from 190 million to 860 million by 2023. This means that LTE subscriptions in the Middle East and North Africa will grow by 23 percent from 160 million in 2017 to 570 million by 2023. For the Sub-Saharan Africa region, LTE subscriptions will expand by 47 percent from 30 million in 2017 to 310 million by 2023.

Rafiah Ibrahim, Head of Ericsson Middle East and Africa, said: “Total mobile traffic for the region is forecasted to grow by around 49 percent annually between 2017 and 2023. This rapid growth is seeing operators increasingly exploring methods of optimizing their networks with more capacity and coverage. We are supporting operators across the region throughout the different phases of the network evolution, enabling best performing networks and differentiated customer experience.”

Finally, the report mentions that in the Middle East and North Africa, strong growth is forecasted for both WCDMA/HSPA and LTE during the period. Combined, these technologies will see a rise from 50 percent to over 90 percent of total subscriptions by the end of the period.

The first 5G subscriptions in the Middle East and North Africa are expected from 2020, reaching around 17 million subscriptions by the end of 2023.

Further highlights from the regional appendix of the Ericsson Mobility Report include:

The Internet of Things (IoT) is facilitating the digital transformation of industries, and providing mobile operators in the Middle East and Sub-Saharan Africa with opportunities to explore new revenue streams.

Cellular IoT subscriptions in the Middle East and Africa are expected to grow from 35 million to 159 million between 2017 and 2023 – a compound annual growth rate (CAGR) of around 30 percent.

Exploring new digitalisation revenues 

For mobile service providers, traditional revenue sources are shrinking, and so new revenue streams are being explored. As the world becomes more connected, industries are experiencing an ICT-driven transformation. Industry digitalization revenues for ICT players come from adopting or integrating digital technologies into a specific industry. 5G-enabled industry digitalization revenues for IoT in the Middle East and Africa are predicted to reach $242 billion through 2026.

5G will be an important technology in growing industrial digitalization, particularly for use cases dependent on extra-low latency and high reliability. This presents an opportunity for service providers that are ready to explore smart revenue streams addressing B2B2X industry players.

IoT and 5G serving communities 

Even though IoT is still in its infancy throughout most parts of the Middle East and Africa, there are still examples of how it has helped improve the livelihood of communities and industries in the region.

For example, in South Africa, Narrowband-IoT (NB-IoT) is being introduced to address the utilities sector, enabling tools for energy efficiency such as smart meters.

The global edition of the Ericsson Mobility Report will be released later this month.

Ericsson (www.Ericsson.com) is a world leader in communications technology and services with headquarters in Stockholm, Sweden. Our organization consists of more than 111,000 experts who provide customers in 180 countries with innovative solutions and services. Together we are building a more connected future where anyone and any industry is empowered to reach their full potential. Net sales in 2016 were SEK 222.6 billion (USD 24.5 billion). The Ericsson stock is listed on Nasdaq Stockholm and on NASDAQ in New York.

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7th edition of the Orange Social Entrepreneur Prize in Africa and the Middle East, Prize List 2017
November 10, 2017 | 0 Comments
7th edition of the Orange Social Entrepreneur Prize in Africa and the Middle East, Prize List 2017

7th edition of the Orange Social Entrepreneur Prize in Africa and the Middle East, Prize List 2017

A new feature in this year’s 7th edition was a national phase during which each of Orange’s 17 subsidiaries in Africa and the Middle East taking part in the contest studied the projects submitted in their country and appointed local winners

PARIS, France, November 9, 2017/ — Yesterday Orange (www.Orange.com) announced the winners of the 7th Orange Social Entrepreneur Prize 2017 in Africa and the Middle East during the AfricaCom Awards in Cape Town, South Africa.

Each year this Prize rewards innovative projects based on Information and Communication Technologies (ICT) which help improve the living conditions of local people through digital, in fields such as education, healthcare, farming, mobile payments or sustainable development.

A new feature in this year’s 7th edition was a national phase during which each of Orange’s 17 subsidiaries [1] in Africa and the Middle East taking part in the contest studied the projects submitted in their country and appointed local winners. These 49 local winners were entered into the international contest.

Open from February to June 2017, the call for applications received nearly 1,200 innovative project entries, which was 60% more than 2016. These projects illustrate the diverse ideas from local entrepreneurs and the potential of ICT in the development of Africa and the Middle East. Amongst the 49 local winners, 11 projects were selected and submitted to a jury made up of professionals, investors, external organisations and Orange organisations. The three winners will receive bursaries of €25,000, €15,000 and €10,000 and the Special Content Prize winner will receive €5,000. The finalists of the Orange Social Entrepreneur Prize will also enjoy priority support for six months from the NGO Grow Movement  and Orange experts.

Bruno Mettling, Deputy CEO of the Orange Group and Chairman and CEO of Orange MEA (Africa and the Middle East) stated that “The Orange Social Entrepreneur Prize is now a staple part of the entrepreneurial ecosystem in Africa and the Middle East. It is a great example of our contribution to digital transformation on the continent, a transformation which we would like to be inclusive and sustainable. Congratulations to these entrepreneurs and particularly the winners, I wish them every success in their professional endeavours. ”

The winning projects this year were:

1st prize was awarded to Manzer Partazer  in Madagascar 

The objective of the Malagasy start-up is to reduce food waste by sharing excess food from restaurants, hotels or supermarkets with partner organisations such as orphanages and disadvantaged populations. A collaborative platform will allow direct communication between different stakeholders.

2nd prize was awarded to City Taps  in Niger

CityTaps has developed a solution which bridges the gap between water services and the most disadvantaged citizens: a pre-payment service which includes a smart water meter and billing software.

The beneficiaries use their mobile to prepay for running water with any mobile phone, at any time, for any amount, which improves their household budget.

3rd prize was awarded to eFret.tn  in Tunisia 

eFret.tn is a website based on the freight exchange principle. It links up senders, whether private individuals or companies, with transport and transit professionals in Tunisia. The senders publish adverts describing their needs and receive free quotations from carriers, movers, and international transport companies and customs forwarding agents.

Furthermore, this year a Special Content Prize was added, which was awarded by Orange Content.

The Special Orange Content Prize was awarded to: Génie Edu in Cameroon 

This is an e-learning platform which aims to help students having problems by providing online video courses. The startup wants every student, including those in remote areas, to have access to high-quality courses at a very low cost, anytime and anywhere.

Internet users were also invited to choose their “User Favourite” project. This project automatically qualified for the international final.

This was the Malgasy project Majika which received over 2,800 votes out of 12,242 votes online. Majika is a social company aiming to facilitate economic development conditions in rural zones. It is based on two areas: access to renewable electricity and support for rural entrepreneurship. Majika works on an autonomous and ecological power plant in the village of Ampasindava.

Success stories from previous winners:

  • MedTrucks (2016) supports healthcare players with the deployment of smart trucks which use remote medicine to provide medical treatment in remote areas.
  • Bassita (2015) invents clickfunding: companies submit their social, cultural or environmental project on its platform. If it reaches its click target after being shared on social networks, the project obtains a donation from a sponsor.
  • Station Energy (2014), between a service station and African grocery store, provides access to energy via franchises on a large scale and at an affordable cost.

[1] Botswana, Cameroon, Côte d’Ivoire, Egypt, Guinea Bissau, Guinea Conakry, Madagascar, Mali, Morocco, Niger, Central African Republic, Democratic Republic of the Congo, Senegal, Tunisia, Jordan, Liberia and Burkina Faso.

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African business community commits to invest in skills for employment and job creation for youth at “Africa Talks Jobs” conference
November 10, 2017 | 0 Comments
The youth had a strong voice in the development of the recommendations and made up more than half of the conference participants
AU Commissioner of Human Resources, Science and Technology, Prof. Sarah Anyang Agbor at “Africa Talks Jobs” conference

AU Commissioner of Human Resources, Science and Technology, Prof. Sarah Anyang Agbor at “Africa Talks Jobs” conference

ADDIS ABABA, Ethiopia, November 10, 2017/ — More than 400 representatives of youth, business, education practitioners and policy-making from 44 countries across the African continent as well as European partners have called for improving job perspectives of the African Youth through employment oriented education and skills development. The call was made at the recently concluded “Africa Talks Jobs” (ATJ) (www.AfricaTalksJobs.Africa) conference held at the African Union Commission (AUC) headquarters in Addis Ababa. Recommendations developed at the conference will be brought to the upcoming 5th AU-EU Summit in Abidjan, Ivory Coast.

The recommendations call for a stronger engagement of the African business community in providing opportunities for skills training and joint offers with education institutions. Governments shall provide the necessary frameworks as well as favourable conditions for young entrepreneurs. At the same time, education at all levels and youth activities need to better address labour market demands and equip the youth with skills to start their own businesses. Included in the communiqué is also the call to ensure the recognition of degrees and other qualifications across the continent to enable voluntary labour migration. The recommendations were handed over to the AU Commissioner for Human Resources, Science and Technology, Prof. Sarah Anyang Agbor, and the Head of the EU Delegation Ranieri Sabatucci who will submit them to the 5th AU-EU Summit in Ivory Coast.

“Africa Talks Jobs” conference participants in front of Nelson Mandela Hall at AUC headquarters

“Africa Talks Jobs” conference participants in front of Nelson Mandela Hall at AUC headquarters

120 African companies and business associations, under the auspices of Business Africa, have also committed to investing in skills development and partnership with education institutions for job skills education and training. AUC Commissioner Agbor lauded the business community’s commitment to young people and requested that more companies follow the example set to move from “Africa Talks Jobs” to “Africa Makes Jobs”.

The conference was organized in the headquarters of the African Union Commission (AUC) by the AUC, the New Partnership for Africa`s Development (NEPAD) (www.NEPAD.org) and the continental umbrella organization for the private sector – Business Africa. To back the engagement of the business community AUC, NEPAD and Business Africa signed a declaration of commitment to foster the business community’s role in partnerships with education and job creation.

The conference was supported by the EU and Germany. Stefan Oswald, Director of Sub-Saharan Africa in the German Ministry for Economic Cooperation and Development pointed out that “Jobs are created mainly by the private sector, not by governments. Therefore, we applaud the commitment of the business community. This is an important shift of paradigm.” Ranieri Sabatucci, Head of the EU Delegation, underlined: “We must hear the youth. Working for them is not enough, we must work with them”.

The youth had a strong voice in the development of the recommendations and made up more than half of the conference participants. Among them were 36 fellows selected out of more than 7500 African and European applicants for the AU-EU Youth Plugin-Initiative. The AU-EU YPII is a programme to engage youth in developing a youth agenda to be endorsed at the 5th AU-EU Summit in Abidjan, Ivory Coast.

Representatives of AUC, NEPAD, EU, Germany and Business Africa at “Africa Talks Jobs” conference

Representatives of AUC, NEPAD, EU, Germany and Business Africa at “Africa Talks Jobs” conference

Africa Talks Jobs” (www.AfricaTalksJobs.Africa) is a continental dialogue platform on education and skills development for employment and entrepreneurship organized by the AUC, Department of Human Resources, Science and Technology, NEPAD and Business Africa with the support of German Development Cooperation (implemented by GIZ). “Africa Talks Jobs” was launched with a conference at the African Union Commission headquarters in Addis Ababa from 30 October to 01 November 2017. The event was organized as a pre-conference to the 5th AU-EU Summit in Abidjan, Ivory Coast. Africa Talks Jobs shall be further established as a platform for continental dialogue and knowledge exchange for education and skills development for employment.

 

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University of Abomey-Calavi Becomes First Francophone West African University to Join Mastercard Foundation Scholars Program
November 10, 2017 | 0 Comments
300 Next-Generation African Leaders and Entrepreneurs to Receive Quality Education and Entrepreneurship Training
 
Photo credit: Jake Naughton/Intersect for the Mastercard Foundation

Photo credit: Jake Naughton/Intersect for the Mastercard Foundation

COTONOU, Benin Republic, 9 November 2017,– The University of Abomey-Calavi’s commitment to educating next-generation African leaders received a boost today with a seven-year, USD$6.2 million commitment from the Mastercard Foundation Scholars Program. The new partnership, which for the first time expands the Scholars Program to Francophone West Africa, will benefit 300 bright young Africa leaders and entrepreneurs with a high-quality education, creating pathways to careers in science and technology, as well as business and entrepreneurship for youth whose academic talent and promise exceed their financial resources.

“The University of Abomey-Calavi is proud to collaborate with the Mastercard Foundation Scholars Program, a partnership which has energized our commitment to youth leadership and entrepreneurship education,” explained Professor Brice Sinsin, President of the University of Abomey-Calavi. “We envision leading change in our community by putting students and researchers at the heart of local development, and fostering greater involvement of graduates through social action campaigns and community development projects.”

“Young Francophone Africans deserve every chance to study and thrive,” says Peter Materu, Director of Education and Learning and Youth Livelihoods, the Mastercard Foundation. “Strengthening higher education in Francophone West Africa is critical to ensuring that the region can meet the needs of growing markets. By working with the University of Abomey-Calavi, the Foundation hopes to foster stronger academic relationships and partnerships with other Francophone universities, improving higher education enrollment rates across the region.”

The Scholars Program at the University of Abomey-Calavi will have two components: the first will emphasize access to quality education for 200 Scholars in the fields of agronomic sciences, engineering sciences, computer sciences, and renewable energy. These students will also be admitted into the university’s pre-employment service, a workforce made up of graduates of the University of Abomey-Calavi focused on social entrepreneurship and will enable Scholars to share values and gain valuable work experience.

The Mastercard Foundation works with visionary organizations to provide greater access to education, skills training and financial services for people living in poverty, primarily in Africa. As one of the largest private foundations, its work is guided by its mission to advance learning and promote financial inclusion to create an inclusive and equitable world. Based in Toronto, Canada, its independence was established by Mastercard when the Foundation was created in 2006.
Established in 1970, the University of Abomey-Calavi is the oldest and largest public university in Benin. With a student population estimated at 85 000 registrations for the 2016-2017 academic year, the University is a true place of knowledge having trained the majority of the Beninese nation’s elite. The University of Abomey-Calavi is a higher academic and research institution offering a wide variety of training covering the areas of health science, science and technology, agricultural science, juridical and political science, economic science and management, human and social science, literature, arts and language science, and educational sciences. The University of Abomey-Calavi maintains cooperative relationships with a vast number of institutions of higher education the world over to strengthen their own training and research programmes. The University of Abomey-Calavi is also the recipient of the international prize celebrating the quality of its academic and administrative governance.

The second component of the partnership will focus on providing technical expertise for the development of ‘Startups Valley’, a business incubator program created by the University of Abomey-Calavi. Startups Valley will provide 100 Scholars with an opportunity to sharpen their entrepreneurial skills and mindsets, setting them on the path to successful entrepreneurship and enabling them to launch their own businesses, employ other students, and contribute to their economy.

The University of Abomey-Calavi joins a global network of 29 universities and non-governmental organizations committed to over 35,000 bright young leaders with a deep personal commitment to changing the world around them and improving the lives of others. The Scholars Program provides holistic student support, including comprehensive scholarships, leadership development, pre-employment, and industry-driven career services – developing highly skilled, transformative leaders to catalyze inclusive prosperity in Africa.

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Benin becomes the 17th member of the Africa Finance Corporation
November 10, 2017 | 0 Comments

LAGOS, Nigeria, 10th November 2017,-/African Media Agency (AMA)/- The Republic of Benin (Benin) has become the 17th Member State of Africa Finance Corporation (AFC), Africa’s premier infrastructure development finance institution.

Hon. Romuald Wadagni, Minister of Economy & Finance, formally acceded to AFC membership by signing the Letter of Adherence on 7 November, 2017. Benin, therefore, joins the list of Francophone African States that are currently AFC member countries. These include: Chad, Cote d’Ivoire, Djibouti, Gabon, Guinea-Bissau, and Guinea-Conakry.

This development augurs well for the peaceful coastal nation, which serves as an economic gateway to several other West African economies. Benin is economically stable, maintaining an average GDP growth rate of 5% over the past five years. Such fundamentals create a natural support system for viable infrastructure investment.

Andrew Alli, President and CEO of AFC commented: “We are happy to welcome the Republic of Benin to the membership of AFC. Benin is strategically located. Through this partnership, we believe that Benin will be able to realise its full potential as an important corridor for economic activities in West Africa. With the right infrastructure; taking into consideration regional economic flows, the country is well positioned to significantly service all its neighbouring countries. As a member of AFC, Benin will have access to AFC’s technical expertise and financial resources in the development, financing and execution of infrastructure projects in the Transportation, Power, Telecommunications, Natural Resources, and Heavy Industries sectors.”

Hon. Romuald Wadagni also commented on the announcement: “We are excited at the prospects of partnering with AFC to drive infrastructure development in Benin and across West Africa. As is well known, investments in infrastructure are directly linked to economic development. Our membership in AFC bodes well for the country and the entire West African region.”

AFC, an investment grade multilateral finance institution, was established in 2007 with an equity capital base of US$1 billion, to be the catalyst for private sector-led infrastructure investment across Africa. With a current balance sheet size of approximately US$3.5 billion, AFC is the second highest investment grade rated multilateral financial institution in Africa with an A3/P2 (Stable outlook) rating from Moody’s Investors Service. AFC successfully raised US$750 million in 2015 and US$500 million in 2017; out of its Board-approved US$3 Billion Global Medium Term Note (MTN) Programme. Both Eurobond issues were oversubscribed and attracted investors from Asia, Europe and the USA.
AFC’s investment approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development and risk capital to address Africa’s infrastructure development needs and drive sustainable economic growth. AFC invests in high quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. To date, the Corporation has invested approximately US$4 billion in projects within 28 countries across North, East, West and Southern Africa.
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Politicians steal $50b yearly from Africa – Obasanjo
November 10, 2017 | 0 Comments
Former Nigerian President Olusegun Obasanjo

Former Nigerian President Olusegun Obasanjo

FORMER President Olusegun Obasanjo has alleged that more than $50 billion is stolen and smuggled out of Africa to other countries yearly by political leaders and businessmen as well as other key players in both public and private sectors.

Obasanjo, who spoke on Thursday, November 9, at the maiden yearly anti-fraud conference, organised in Abeokuta, the Ogun State capital, by the Association of Certified Fraud Examiners, ACFE, Lagos Chapter, lamented that the smuggling of the huge funds meant for socio-economic growth and development of the African continent is now giving African leaders, past and present, great concern.

He warned that African countries might not develop if leaders and followers refused to show concern about the ugly trend.

Thus, the former president called for concerted efforts towards curbing the trend. He also charged financial professionals and all members of the association and everyone generally to help in curbing the trend not only in Nigeria but Africa as a whole.

Godwin Oyedokun, president and chief executive officer, ACFE, said: “It is really a delight to host Chief Olusegun Obasanjo. Your acceptance of our invitation is an indication that you have the love of this nation at heart.” The former president was named Grand patron of the ACFE at the event.

*Courtesy of Real News Magazine

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Caf president Ahmad reassures Guinea over 2023 hosting
November 9, 2017 | 0 Comments

By Mohamed Fajah Barrie*

Ahmad says Caf has no intention of stripping Guinea of the rights to host the 2023 Africa Cup of Nations but warned them to respect the deadlines set for preparations

Ahmad says Caf has no intention of stripping Guinea of the rights to host the 2023 Africa Cup of Nations but warned them to respect the deadlines set for preparations

Confederation of African Football (Caf) president, Ahmad, says he wants to work with Guinea to ensure they can host the 2023 Africa Cup of Nations (Afcon).

Ahmad made the offer to Guinea’s head of state Alpha Condé when the two met on Monday.

“Officially Caf has never questioned the allocation of 2023 Afcon to Guinea” Ahmad said.

“We also reaffirmed to President Alpha Condé our willingness to accompany Guinea to organise the 2023 Afcon.”

The Malagasy also warned the West African country to make sure they observe the deadlines to have all the required facilities ready before the commencement of the competition.

“Guinea must be willing to respect the conditions of hosting Afcon. Otherwise, there will always be an alternative,” Ahmad added.

“If Guinea is committed, I think it will respect the Afcon timing. We have the right to worry about the organisation of the Nations Cup, because if it does not work, it is the Caf that is pointed out.”

Ahmad, who chose not to campaign in Guinea to become Caf president, was accompanied to Conakry by his vice-president from DR Congo, Constant Omari, for the one day visit.

They held a meeting with the Guinea FA headed by Antonio Soure, who heads the 2023 Nations Cup Local Organising Committee, and discussed new Caf reforms.

There has been concern in Guinea that they might be stripped off the opportunity to host Nations Cup for the first time following questions about Caf’s decision in 2014 to award the hosting rights for the next three finals to West African Francophone speaking countries.

The President of the Council of Southern Africa Football Associations, Phillip Chiyangwa, who helped campaign for Ahmad to become Caf President called for an inquiry seven months ago.

The Zimbabwean feels West Africa countries were favoured over other regions by the previous Caf regime led by Cameroon’s Issa Hayatou.

However Ahmad once again insisted Caf has never officially considered taking the tournaments away from Guinea, Cameroon (in 2019) and Ivory Coast (in 2021).

*BBC

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President Kagame and Tony Elumelu to headline Young Entrepreneurship Day at the Africa 2017 Forum
November 9, 2017 | 0 Comments
The Young Entrepreneurship Day will bring together some of Africa’s most promising entrepreneurs with investors and new partners to help them scale up their ideas and businesses and the most successful start-ups will gain access to a deal room and also a one week tailored course at Stanford
CAIRO, Egypt, November 8, 2017/ — HE Paul Kagame, President of Rwanda and chairman of Smart Africa, and Tony Elumelu, Founder of the $100m Entrepreneurship Programme, will be headlining the Young Entrepreneurship Day (YED) at the Africa 2017 Forum (www.BusinessForAfricaForum.com).

The YED is a new addition to the Forum and will take place on the eve of Africa 2017, on the 7th December. It has been designed to connect some of Africa’s most promising entrepreneurs and also give them exposure to investors, incubators and accelerators as well as to partake in workshops that will give them the skills and tools to scale up their businesses.

Both Kagame and Elumelu have been championing entrepreneurship and will be sharing their perspectives both from government and the private sector as well as engaging in an open platform with some of the upcoming leaders from across Africa

Sitting on the advisory board of the YED are Issam Chleuh and Rebecca Enonchong, two of the foremost players in impact investing and in the technology space in Africa as well as Parminder Vir, CEO of the Tony Elumelu Foundation. Other speakers at the YED include Ben White of VC4Africa and Wale Ayeni from IFC Ventures, the venture capital wing of the World Bank’s private sector arm.

Commenting on the YED, the Minister of Investment and International Cooperation Dr. Sahar Nasr, whose ministry is organising the Africa 2017 programme alongside COMESA Regional Investment Agency, said that creating a pro-business environment for entrepreneurs to thrive is at the centre of her government’s policies. “Egypt has been at the forefront of making entrepreneurship work. With a bustling population of 90 million, 50% of which are below the age of 30 and tech savvy, Egypt is rightly staking a claim as one of the fastest growing entrepreneurial hubs in the world.”

Africa 2017 has been earmarked as the biggest B2B and B2G gathering to take place in Africa this year. A number of heads of state have confirmed their attendance and there are 30 African investment promotion agencies and government delegations scheduled to attend. Alongside President Al Sisi of Egypt and President Kagame of Rwanda, the Presidents of Côte d’Ivoire, Alassane Outtara will be in attendance as well as the President of Comoros, Azali Assoumani and the Prime Minister of Mozambique Carlos Agostinho do Rosário. Some of Africa’s biggest names from business will also be attending Africa 2017, with the aim to accelerate cross-border investments and partnerships.

The Forum will also be a platform for Egypt to showcase some of the mega projects that are underway and the opportunities linked to these in agribusiness, logistics, mining, energy construction, real estate and tourism.

Africa 2017 Forum (www.BusinessForAfricaForum.com) is held under the high patronage of H.E. Abdel Fattah Al Sisi on 7th to 9th December 2017 in Sharm El Sheikh, Egypt, and is organized by the Ministry of Investment and International Cooperation of Egypt and the COMESA Regional Investment Agency (RIA).
The 2017 edition builds on the success of the inaugural Africa 2016, which saw participation of 6 Heads of State and more than 1,000 delegates from 45 countries. This year the programme has been enhanced with exclusive Presidential Roundtables with Africa leaders and CEOs as well as a Young Entrepreneurs Day.
Africa 2017 remains the premier business platform to nurture new partnerships; meet investors and fast track your business objectives in Africa.
Take your place and belong in the conversation that will drive new projects, transactions and policy throughout the continent with global business leaders who will lead both dialogue and progress on some of the most important projects in Africa.

To register to attend the Forum, please RSVP I.Callan@ICpublications.com or go to http://APO.af/wVw6CX

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20 Top African Start-Ups Enter World Bank Group Digital Acceleration Program
November 8, 2017 | 0 Comments
Selected from a pool of over 900 applicants, these start-ups specialize in digital solutions for the African market, including fin-tech, transportation, health care, education, human resources, and B2B
CAPE TOWN, South Africa, November 6, 2017/ — Twenty of the most promising African digital start-ups will take part in the XL Africa (www.XL-Africa.com) residency, the flagship initiative of the business accelerator launched last April by the World Bank Group’s (www.WorldBank.org) infoDev program. From Nov. 6-17 in Cape Town, the entrepreneurs will have the opportunity to learn from their mentors and peers, increase their regional visibility, and get access to potential corporate partners and investors.

The residency will conclude with the XL Africa Venture Showcase, a regional event organized in association with the African Angel Investor Summit, in which the entrepreneurs will present their business models to a select audience of corporations and investors. With support from African investment groups, XL Africa will help the start-ups attract early stage capital between US$250,000 and US$1.5 million.

Selected from a pool of over 900 applicants, these start-ups specialize in digital solutions for the African market, including fin-tech, transportation, health care, education, human resources, and B2B. All companies provide a digital product or service currently available in one or more African markets and show potential to scale across the region.

“We are pleased by the interest infoDev and XL Africa generated across the continent in just a few months,” said Klaus Tilmes, Director of the Trade & Competitiveness Global Practice at the World Bank Group. “XL Africa attracted firms with high-growth potential; many have female co-founders, have already raised early stage investment, and have demonstrated significant market traction. The number and quality of applications received are a clear testament to the competitiveness of African start-ups and the key role they play in Africa’s growing digital economy.”

The selection for XL Africa was conducted by a panel of industry experts from the International Finance Corporation (IFC); implementing partners IMC Worldwide, Koltai & Co, and Venture Capital for Africa (VC4A); as well as investors from prominent African funds, including Knife Capital, 4Di Capital LLP, Singularity Investments, TLcom Capital LLP, Goodwell Investments, Nest Africa, and Africa Tech Ventures.

“We encountered very strong companies, particularly in the transportation, HR, and data analytics sectors,” said Danai Musandu, investment associate at Goodwell Investments. “We also observed signals of a nascent pipeline of digital companies beyond the traditional hot spots of Nigeria, Kenya, and South Africa. These talented entrepreneurs are among those who are going to drive innovation on the continent and offer great opportunities for investors looking at African markets.”

The selected start-ups participating in the event are:

  • Aerobotics (Data, South Africa)
  • Asoko Insight (Data, Kenya, Ethiopia, Ghana, United Kingdom, and Nigeria)
  • Coin Afrique (Marketplace, Senegal and Benin)
  • Edgepoint Digital (Jamii) (FinTech – Insurance, Tanzania)
  • Electronic Settlement Limited (FinTech, Nigeria)
  • Lynk Jobs Ltd. (HR, Kenya)
  • MAX (Transport, Nigeria)
  • ogaVenue (Venue Platform, Nigeria)
  • Ongair (SME Services, Kenya)
  • Pesabazaar.com (FinTech, Kenya)
  • Prepclass (EdTech, Nigeria)
  • Printivo (Printing, Nigeria)
  • Rasello Company Ltd. (SME Services, Tanzania)
  • Rensource (Energy, Nigeria)
  • Sendy Ltd. (Delivery, Kenya)
  • Snapplify (Publishing, South Africa and Kenya)
  • Sokowatch (Delivery, Kenya)
  • TalentBase (HR, Nigeria)
  • Timbuktu (Travel, South Africa)
  • Tizeti Network Ltd. (Connectivity, Nigeria)

XL Africa is funded by the governments of Finland, Norway, and Sweden, and administered by the World Bank Group with implementation support from IMC Worldwide, VC4A, and Koltai & Co.

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African High-Level Officials, Private Sector Leaders to Chart Actionable Plan to Accelerate the Africa’s Agricultural Transformation
November 8, 2017 | 0 Comments
WASHINGTON – November 7, 2017 – Private sector leaders working in Africa’s agriculture sector are invited to request an invitation to attend the African Development Bank’s first high-level convening,  Leadership4Agriculture (L4Ag) Forum on November 28 in Abidjan, Cote d’Ivoire.
The invitation-only L4Ag Forum, supported the Rockefeller Foundation and in collaboration with the Initiative for Global Development (IGD) and Grow Africa will be held at the AfDB headquarters in Abidjan, Cote d’Ivoire, on the sidelines of the AU-EU Summit on November 29-30, 2017.

This action-oriented forum will assemble influential leaders — African high-level officials, private sector leaders and community champions — for dialogue, advocacy and policy action to drive Africa’s agriculture transformation on the theme, “Leadership for Agriculture: Moving African Policy to Action”.

Africa’s agriculture sector and agribusiness are projected to create a $1 trillion agrifood industry in the next decade. Despite this tremendous potential, total investment in the sector falls short of levels required to deliver fundamental change fuel agricultural transformation.

The African Development Bank estimates that between $315-400 billion over the next ten years is required to transform strategic agricultural value chains.

“Recognizing agriculture as a business is a core aspect of the strategy to advance growth in Africa,” said IGD President Dr. Mima S. Nedelcovych. “The Leadership4Agriculture Forum is an opportunity for private sector leaders and high-level African officials to strengthen their partnership by identifying their aligning interests so that Africa’s agricultural sector can reach its full potential.”

Guided by recent findings from the World Bank’s 2017 Enabling the Business of Agriculture Report and the 2017 Africa Transformation Report by African Center for Economic Transformation (ACET), the L4Ag Forum will focus on harnessing agriculture and agribusiness as an engine of economic transformation in Africa.

The L4Ag Forum will feature a keynote address and two panel sessions with African Finance and Agriculture Ministers and business leaders from across the African continent.

The first panel, “Enabling the Business of Agriculture: Increasing Access to Agricultural Inputs to Enhance Productivity and Regulatory Reforms”, will focus on improving commercial access to seeds, fertilizer, and mechanization. The second panel, “Agriculture Powering Africa’s Economic Transformation: Fueling Agro-industry and Agribusiness”, will draw attention to commercializing agriculture; adding value and spurring agro-industry; and innovative financing.

Grow Africa Executive Director William Asiko will offer a presentation on applying the panelists’ key points and create actionable steps in achieving policy reforms.

During the Action Roundtable sessions, African high-level government officials and business leaders will have an opportunity to re-imagine government and business engagement, brainstorm achievable goals around a specific agribusiness sector growth policy, and explore investment opportunities in agribusiness ventures.

For more information and for the full agenda on the L4Ag Forum, please click here.

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Ethiopian Airlines celebrates delivery of first 787-9 Dreamliner
November 7, 2017 | 0 Comments

By Wallace Mawire

Ethiopian Airlines and Boeing [NYSE: BA] have taken delivery of the
carrier’s first Boeing 787-9. Ethiopian is leasing the Dreamliner
through an agreement with AerCap, according to Hanna Atnafu,
Manager, Corporate Communications, Ethiopian Airlines.
It is reported that Ethiopian is the first airline in Africa to
operate the 787-9.The Dreamliner carries much-needed medical equipment
and supplies to Ethiopia.

Ethiopian’s newest 787 touched down in Addis Ababa following a
non-stop 8,354 mile (13,444 km) delivery flight from Boeing’s Everett,
Washington, facility.

Ethiopian becomes the first carrier in Africa to operate the 787-9
and extends a tradition of setting aviation milestones.
Ethiopian became Africa’s first carrier to fly the 787-8 in 2012,
and similarly introduced the 777-200LR (Longer Range), 777-300ER
(Extended Range) and 777 Freighter.

“We are proud to celebrate yet another first with the introduction
of the cutting-edge 787-9 into our young and fast growing fleet,” said
Mr. Tewolde GebreMariam, Group CEO of Ethiopian Airlines. “Today, the
787 is the core of our fleet with 20 aircraft in service. Our
investment in the latest technology airplanes is part of our Vision
2025 strategy and our commitment to our esteemed customers to offer
complete on-board comfort. We will continue to invest in the most
advanced aircraft to give our customers the best possible travel
experience.”

The 787 Dreamliner is the most innovative and efficient airplane
family flying today. Since 2011, more than 600 Dreamliners have
entered commercial services, flying almost 200 million people on more
than 560 unique routes around the world, saving an estimated 19
billion pounds of fuel.

“AerCap is very proud to deliver to Ethiopian Airlines their first
787-9 aircraft, as the airline continues to lead the way in African
aviation,” said AerCap President and Chief Commercial Officer Philip
Scruggs. “The 787-9 will complement Ethiopian’s existing fleet of
787-8 aircraft, bringing further operational efficiencies and scope to
enhance their existing network. We thank our friends and partners at
Ethiopian Airlines for their continued confidence in AerCap and wish
them every success as they continue to optimize their fleet.”

“We are pleased to see the 787-9 enter into Ethiopian’s growing
Boeing fleet,” said Marty Bentrott, senior vice president sales for
Middle East, Turkey, Africa, Russia and Central Asia Boeing Commercial
Airplanes. “The 787-9 will further enhance the Ethiopian network with
its incredible range and capacity.”

Ethiopian Airlines conducted its 32nd Humanitarian Delivery Flight
as part of the 787-9 delivery. In conjunction with the non-profit
Seattle Alliance Outreach, Ethiopian transported goods donated by
medical organizations in the U.S. to Black Lion Hospital and St. Paul
Hospital in Ethiopia.

“We are very happy to continue our longstanding partnership with
Boeing to deliver medical equipment and supplies to public hospitals
in Ethiopia, which benefit the society at-large,” said GebreMariam.

“This is our 32nd humanitarian flight over the course of the last few
years. No airline has provided such sustained support to the delivery
of humanitarian supplies to the African continent. It is a testament
to our commitment to serve the community as a responsible corporate
organization.”

Ethiopian Airlines operates a Boeing fleet of 737, 767, 777, and 787
airplanes in passenger service and six 777 and two 757-200 airplanes
in cargo operations.

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