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African Women in Agriculture The Marrakech Declaration
September 21, 2017 | 0 Comments
The city of Marrakech hosted on 11 – 12 and 13 September 2017 an important international Congress on the subject “African Women in Agriculture” (AWA).
This unprecedented meeting is organized by the American Association Believe in Africa in collaboration with the PRESMA Agency.
Some 200 participants from 17 African countries and the USA took part in the meeting for three days. Mrs Angelle KWEMO President and Founder of this important initiative, at the opening stated that “in terms of agricultural production in Africa, women do not hold the key but they are the solution to the continent’s food challenge. It is through women that the continent will achieve not only its food self-sufficiency but above all its “food sovereignty”.
Mrs Mbarka Bouaida, Secretary of State in the Ministry of Agriculture in charge of Maritime Fisheries, highlighted the role of women in agriculture in Africa and explained the situation in Morocco.
Mr. Abdelfateh Bjioui, Wali of the Marrakech-Safi region, who gave the participants a warm welcome, congratulated the participants on the choice of Morocco and recalled the ambitious policy of His Majesty King Mohammed VI that God help him develop partnership between countries of the African continent.
Mr. Aziz Mekouar, former Ambassador of Morocco to the USA, explained the importance of the effective involvement of women in the light of the climate change of the planet.
The opening ceremony ended by the keynote address delivered by His Excellency Mr. John Dramani Mahama, former President of Ghana and a great friend of Morocco who recognized that “in Africa, no other sector of the economy has such a large participation of women than of agriculture. “
Work continued over two days and resulted in important resolutions. “All are committed to see the role of African women in agriculture recognized, with the establishment of the” African Prize for the Media in Agriculture and Sustainable Development “to encourage the media to improve the image of African women in agriculture, “says Fawzia TALOUT MEKNASSI, one of the partners of the event.
The words of the end of this agricultural congress was delivered to Mrs. Angelle KWEMO, who said that “it is time for Africa to produce the leadership that will enable the continent not only to achieve food security,  but also enhancing women actions, as pillar of this food security’.
The event was supported by OCP SA. Thus, during the plenary session titled “women central point of the green revolution”, Mrs. Imane Belghiti explained the concrete actions carried out by the OCP in Morocco as in the rest of the African continent.
The Social Development Agency represented by its dynamic Director GeneralM. Yassine HAMZA, shared with the other international agencies its expertise in supporting women’s agricultural cooperatives.
The event was also supported by international bodies such as UNO Women and the US Africa Development Foundation which not only supported rural women’s agricultural associations but also facilitated the participation of many women from the continent including leaders such as Korka Diaw, Korka Rice of Senegal and Mrs. Sirebara Foumata Diallo, President of the Union of Women Cooperatives in Agriculture of Mali. Appointment is therefore given in May 2018, for the second edition of “African Women in Agriculture”. Read the AWA Marrakech Full Declaration
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Hitachi Introduces Hitachi Vantara: A New Digital Company Committed to Solving the World’s Toughest Business and Societal Challenges
September 21, 2017 | 0 Comments
Company Formed to Help Customers Achieve Unprecedented Outcomes by Tapping the Full Potential of Their Data
NAIROBI, Kenya, 21 September 2017,-/African Media Agency (AMA)/- Hitachi, Ltd. (TSE:6501, “Hitachi”) has launched Hitachi Vantara, a new business entity to leverage the broad portfolio of innovation, development and experience from across Hitachi Group companies to deliver data-driven solutions for commercial and industrial enterprises. This new company will unify the operations of Hitachi Data Systems, Hitachi Insight Group, and Pentaho into a single integrated business as Hitachi Vantara to capitalise on Hitachi’s social innovation capability in both operational technologies (OT) and information technologies (IT).

More Than a Century of OT Expertise Combined with IT Trusted by the World’s Largest Enterprises
Hitachi has been a leader in OT for industries such as finance, government, manufacturing, power/energy and transportation for over 100 years, providing solutions that have positively impacted cities, industrial operations and businesses at large. The company has also been a leader in IT for over 50 years-bringing IT applications, analytics, content, cloud, and infrastructure solutions to market that have transformed the way enterprises do business. Combining Hitachi’s broad expertise in OT with its proven IT product innovations and solutions, Hitachi Vantara gives customers a powerful, collaborative partner in data – unavailable in any one company until today.

“Hitachi Vantara marks a monumental change for Hitachi as we continue to advance our unified corporate vision of Social Innovation,” said Hitachi, Ltd. President and CEO Toshiaki Higashihara. “Hitachi has been helping customers harness the power of their data to support meaningful business action for years. Now as the world is being transformed by digital tools and processes, we are unifying our strongest digital solutions companies together as a new Hitachi company that delivers exponential business impact for our customers and the betterment of society. The formation of Hitachi Vantara underscores Hitachi’s commitment to collaborative creation with customers and partners, and being a true innovation partner for the era of IoT.”

The Opportunity in Data
Hitachi Vantara is uniquely able to help customers extract all the value their data has to offer. By bringing new data-driven solutions and services to market, Hitachi Vantara will help its customers achieve tangible outcomes that positively drive business and society forward.

The market opportunity for mission-critical data solutions has never been greater. Data has become a businesses’ greatest asset-if they can extract actionable insights from it. Data holds the key to new revenue streams, better customer experiences, improved market insights and lower costs of doing business. However, a comprehensive offering has yet to emerge that combines both OT and IT expertise to uncover its true potential-until now.

Filling a Critical Gap in the Emerging IoT Market
Hitachi Vantara will continue to provide superior infrastructure and analytics technologies that enterprises rely on for their mission-critical data in their data centres, in the cloud and at the edge of new innovations. The new company is targeting the emerging IoT market opportunity, in which there is no clear winner yet.

According to Gartner, Inc., “more than $440 billion will be spent on IoT in 2020,”[1] and the firm estimates that by 2020, “there will be more than 21 billion connected sensors and endpoints, and digital twins will exist for potentially billions of things.”[2] in the same timeframe. To address this market, Hitachi Vantara will harness business, human and machine data across OT and IT environments to build comprehensive, data-driven solutions. Customers will be able to manage, store, govern, blend, analyse, and visualise data-and then take action based on uncovered insights.

Hitachi Vantara’s Breadth of Solutions: From the Data Centre to the Factory Floor
Hitachi Vantara will continue to develop the trusted data management and analytics technologies Hitachi is known for, including Hitachi’s popular data infrastructure, storage and compute solutions, and Pentaho software. It will also be driving the development of strategic software and services solutions, including Hitachi Smart Data Centre software and services, Lumada, Hitachi’s IoT platform, now available as a standalone, commercial software offering, and Hitachi co-creation services. Lumada has been fully updated with enhanced artificial intelligence (AI), machine learning and advanced analytics capabilities. It also has an elegant, portable architecture that enables it to run both on-premises or in the cloud, and supports industrial IoT deployments both at the edge and in the core.

The company will focus on serving global Fortune 1000 companies with best-in-class data management, infrastructure, content and analytics products and industrial IoT solutions for a number of industries including financial services and insurance, government, industrials/manufacturing, telecom, and transportation.

“No other company brings together more than a century of operational technology expertise with informational technology trusted in the world’s most demanding enterprise environments,” said Hitachi Vantara CEO, Ryuichi Otsuki. “Hitachi Vantara capitalises on this unique combination by creating solutions that meet the needs of an increasingly connected world. Like our customers with whom we partner and co-create, Hitachi Vantara sees data as an opportunity-a path to outcomes that matter.”

Hitachi’s new Lumada IoT platform and Smart Data Centre solutions are on display at the Hitachi NEXT 2017 user conference in Las Vegas, September 19 and 20, where event attendees can see live demonstrations of the company’s software and IoT solutions. For more information, visit HitachiNEXT.com.

Distributed by African Media Agency (AMA) on behalf of Hitachi Limited.

About Hitachi Vantara
Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd., helps data-driven leaders find and use the value in their data to innovate intelligently and reach outcomes that matter for business and society. We combine technology, intellectual property and industry knowledge to deliver data-managing solutions that help enterprises improve their customers’ experiences, develop new revenue streams, and lower the costs of business. Only Hitachi Vantara elevates your innovation advantage by combining deep information technology (IT), operational technology (OT) and domain expertise. We work with organisations everywhere to drive data to meaningful outcomes. Visit us at www.HitachiVantara.com.

About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges with our talented team and proven experience in global markets. The company’s consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information, please visit the company’s website at http://www.hitachi.com.
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Rosatom presents Mini-Hydro solutions for Madagascar
September 19, 2017 | 0 Comments

By Wallace Mawire

Regional Vice-President of Rosatom Central and Southern Africa, Viktor Polikarpov

Regional
Vice-President of Rosatom Central and Southern Africa, Viktor
Polikarpov

Rosatom, Russian Federation’s national nuclear corporation that
comprises more than 350 nuclear industry companies and institutions
recently presented its innovative Mini-hydro solutions to a number of
high level delegates and Madagascan industry during the inaugural
Madagascar Renewable Energy and Power Infrastructure Investors
Conference held in Antananarivo.

Speaking on the side-lines of the two day conference, regional
Vice-President of Rosatom Central and Southern Africa, Viktor
Polikarpov noted that although Madagascar is endowed with an abundance
of natural resources and has the potential to generate 7,800 megawatts
(MW) of electric power from hydropower sources, only a fraction is
currently being utilized, this according to the latest Madagascar
Energy Sector Overview.

The government of Madagascar aims to improve the country’s economy as
well as living conditions under its Madagascar Action Plan (MAP), but
the country currently faces challenges in the power sector. As a
result, Madagascar’s government is working to expand its electricity
supply and encourage investment in the energy sector to stimulate the
economy.

The country currently produces 356 MW (hydro) and 150 MW (thermal) of
installed generation capacity to serve a population of more than 24
million people. The annual consumption of electricity per capita is
estimated at 48.53 kWh, less than one-third of the average for
Sub-Saharan African countries excluding South Africa.

Mr. Polikarpov explained that the simple and cost-efficient,
mini-hydro power plants (HPP) would be an ideal solution for
Madagascar considering the country’s huge hydro potential. “The
self-contained containerized units can be used in areas that are not
connected to the main power grid for financial or technical reasons
and can serve either as independent power sources or as an alternative
to cost – inefficient and non-eco-friendly fossil fuel generators.”

The units which do not require the construction of a dam and have no
impact on the environment of rivers and other water bodies are easy to
install in very remote areas. Thanks to their innovative design,
mini-HPPs can even be installed at discharge channels of water
treatment facilities or in-line at mining and industrial facilities.

“Each mini HPP consists of a turbine and a set of auxiliary equipment
mounted inside a standard shipping container. The containerized design
drastically reduces lead-in times and costs of construction,”
concluded Polikarpov.

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Ambitious Road map in the works after Marrakech African Women in Agriculture (AWA)” Conference
September 19, 2017 | 0 Comments

African Women in Agriculture

“AWA”

Marrakech September 13, 2017

Radisson Blu Hotel

The Marrakech Declaration

 

Angelle Kwemo of Believe in Africa with the Wali of Marrakech during the Conference

Angelle Kwemo of Believe in Africa with the Wali of Marrakech during the Conference

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)

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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
 Ibrahim Assane Mayaki, NEPAD Chief Executive Officer

Ibrahim Assane Mayaki, NEPAD Chief Executive Officer

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.[1]

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.[2]

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:

  1. Unlocking notable and measurable pools of needed capital to implement regional and domestic infrastructure projects on the continent.
  2. Broadening and deepening the currently very shallow African capital markets, whilst at the same time contributing significantly to regional integration and job creation.
  3. Promoting the development of innovative capital market products that are specific to the continent’s challenges and potential in regards to infrastructure development.
  4. Raising the investment interest of other institutional and non-institutional financiers that so far have been hesitant to include African infrastructure projects as an asset to their investment portfolio based on specific, concrete next steps and project suggestions.
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Africa50 Gains Guinea and Democratic Republic of Congo as Shareholders; Highlights Strategy and Investment Pipeline
September 13, 2017 | 0 Comments
DAKAR, Senegal,12 September 2017, -/African Media Agency (AMA)/- Africa50, the pan-African infrastructure investment platform, held its third Shareholder Meeting in Dakar on Tuesday, September 12. President Macky Sall of Senegal welcomed the delegates. African Development Bank Group President and Chairman of the Board of Africa50, Akinwumi Adesina, gave a feature address, and Africa50 CEO Alan Ebobisse provided updates on the Fund’s investment pipeline and strategy. They were joined by finance ministers, senior officials, and ambassadors from the 23 shareholder countries and members of the business community.

In his remarks, President Sall expressed his strong support for Africa50’s mission to catalyse private sector investment, from within and outside Africa, in infrastructure in Africa, since public resources are not sufficient. Outlining Senegal’s success, he stressed that governments must improve the business climate and create an environment conducive to private investment in infrastructure, including the regulatory environment for public private partnerships. Stating that “Africa is open for business”, he stressed that the continent has defined its priorities through initiatives such as PISA, and can use Africa50 as an important new instrument. He said, “I encourage all African countries to join this fund, which is ours, to fill our infrastructure funding gap.”

Africa50 Chairman Adesina, reiterated the need for private investment to close the large infrastructure funding gap in Africa, citing growing investor interest. Looking ahead to 2025 and a projected annual funding gap of $30-40 billion, financing African infrastructure will require a balance between development finance, which can fund and de-risk early stage financing, and long-term institutional investment which can quickly narrow the funding gap. Africa50, he said, was designed by the AfDB to help blend public and private finance, and through its project development division, build up the pipeline of “bankable” projects and facilitate public private partnerships. He commended the Africa50 leadership for ramping up operations, hiring top-notch staff and consultants, and naming a respected Investment Committee. The AfDB, he assured the audience, will continue to work closely with Africa50, especially to increase access to power. Chairman Adesina also officially welcomed two new Africa50 shareholders, Guinea and the Democratic Republic of Congo. (Note: Since the last Shareholders Meeting in July 2016 Tunisia has also joined.)

Thanking Chairman Adesina and President Sall for their presence and support, Africa50 CEO Alain Ebobisse, stressed the importance of the private sector to fill the infrastructure financing gap. He cited three success factors for Africa50’s mission: the strong support of the AfDB and the shareholders, the competence and experience of Africa50’s staff, and the quality of projects, which focus on being commercially viable while having a strong development impact.

In a video presentation that opened the event, Mr. Ebobisse and senior Africa50 staff further outlined Africa50’s comparative advantage for financing infrastructure in Africa. Specifically:
*    Through its close relationship with shareholders and African governments Africa50 can mitigate country risk through high-level public-sector engagement and by leveraging AfDB’s support.
*    Through its project development activities and ongoing dialogues with shareholder governments Africa50 can generate a strong deal flow to attract infrastructure investors.
*    By upholding international best-practice Environmental, Social, and Governance standards, Africa50 can help assure the long-term viability of projects.
*    And, finally, by building an experienced leadership and investment team with a demonstrated track record of successful deal-making on the continent, Africa50 will inspire confidence and catalyse more private investments in infrastructure.

 
Africa50 is an infrastructure investment platform that contributes to the continent’s growth by developing and investing in bankable projects, catalyzing public sector capital, and mobilizing private sector funding, with differentiated financial returns and impact.
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Announcing 2017-2019 Next Einstein Forum Fellows, Africa’s top scientists solving global challenges
September 12, 2017 | 0 Comments
KIGALI, Rwanda, 12 September 2017 -/African Media Agency (AMA)/- The Next Einstein Forum (NEF) today announces its second Fellows Class, 16 scientists, all under 42 years of age, who are solving Africa’s and the world’s challenges. An initiative of the African Institute for Mathematical Sciences (AIMS) in partnership with the Robert Bosch Stiftung, the NEF will hold its second global forum for science in Kigali, Rwanda, under the patronage of H.E. President Paul Kagame.

Central to the NEF’s vision of propelling Africa onto the global scientific stage, the NEF Fellows will present their groundbreaking research at the NEF Global Gathering 2018, to be held on 26-28 March 2018, and help craft an exciting, high impact forum.

“Two years ago it was my great honor to announce the inaugural Fellows Class. Today again, I am excited to announce a brilliant NEF Fellows Class. The selected Fellows, six of whom are women, are doing cutting edge research in renewable energy, nanomaterials and nanotechnology, food security, regenerative medicine, cognitive systems related to fintech, cosmology, seismology etc. Beyond just theoretical research, our Fellows have developed impressive technologies from their research. We strongly believe their discoveries and initiatives, current and future, will solve global challenges in health, energy, climate change, education, agriculture to name a few,” said Mr. Thierry Zomahoun, President and CEO of AIMS and Chairman of the NEF.

NEF Fellows are selected by a prestigious Scientific Programme Committee using a rigorous process that looks at academic and scientific qualifications including a strong publication record, patents, awards, and independently raised funds for research. Fellows also have to demonstrate the relevance and impact of their research/innovations to society as well as a passion for raising Africa’s scientific profile and inspiring the next generation of scientific leaders.

“I would like to thank the first Fellows Class who have used their tenure to publish high impact research, multiply collaborations among young researchers globally and mentor the next generation. Their active participation in crafting the program has improved the Fellows Programme. Together with this new Fellows’ class, they join the newly launched NEF Community of Scientists, an exclusive network that offers members opportunities for consulting, grants, research collaborations, speaking opportunities and career mentorship. In return, members will participate in national and continental policy formulation, cross-cutting research and innovation activities, lead public engagement around science and technology in Africa, and provide mentorship to early-career scientists and students,” said Mr. Zomahoun.

Meet the 2017-2019 NEF Fellows:

Dr. Vinet Coetzee (South Africa) is working on affordable and non-invasive methods to screen children for nutrient deficiencies and inborn conditions, by training computer models to recognise the links between physical features and these conditions. For instance, Vinet’s team developed an affordable 3D camera at one tenth of the price of comparable commercial systems.

Dr. Abdigani Diriye (Somalia) is developing, together with his team at IBM Research Africa, new approaches to mine, model and score people, identifying the right amount of credit and appropriate products. Last year, they developed a machine learning approach that leverages new data sources (mobile phone behavior) to evaluate the financial profile and credit score of millions of people in East Africa.

Dr. Kevin Dzobo (Zimbabwe) is leading an inter-university collaboration between ICGEB/University of Cape and the University of Pretoria on developing a ‘stem cell-ECM’ bandage or patch which when fully developed can be used on injured tissue.

Dr. Jonathan Esole (DRC) introduced, while at Harvard University, a new topological invariant known as the orientifold Euler characteristic, which is now used daily by physicists working in F-theory. Jonathan also solved problems in supergravity open for more than twenty years.

Dr. Yabebal Fantaye (Ethiopia) investigates the statistical properties of the Universe using the Cosmic Microwave Background (CMB) data from the Planck satellite. More practically, his research focuses on developing machine learning and other advanced statistical methods for harnessing the African GIS and social Big Data for extracting actionable insights to help Africa meet the UN Sustainable Development Goals.

Dr. Aminta Garba (Niger) is interested in finding key policies, technologies and applications relevant to the development of ICT, particularly in rural and underserved areas. As well, she is interested in methods that allow increasing the data rate of communication systems by shaping and reducing the interference.

Dr. Mamadou Kaba (Guinea) research projects led to better understanding of the risks of transmission of hepatitis E virus (HEV) from animals to humans. He is currently conducting a prospective longitudinal study on how the composition of the respiratory tract and gastrointestinal microbial communities (microbiota) influences the development of respiratory diseases in African children.

Dr. Rym Kefi (Tunisia) is mainly involved in research on human genetic disorders, genetic diversity in North Africa and the impact of consanguinity on health. As well, she is strengthening research on ancient DNA and providing genetic profiling for paternity tests and human forensic identification at Institut Pasteur de Tunis.

Dr. Aku Kwamie’s (Ghana) research is in the area of health system governance, looking at how and where within health systems decisions get made, applying complexity theory to issues of management and leadership, accountability and organizational innovation.

Dr. Justus Masa (Uganda) leads several research projects in the field of electrocatalysis and energy conversion, focused on the development of advanced low-cost catalysts and electrode materials for electrochemical energy systems, including fuel cells, electrolyzers (power to gas energy conversion), rechargeable metal-air batteries and other modern battery systems.

Dr. Sanushka Naidoo (South Africa) is dedicated to plant defense in the forest species, with an emphasis on Eucalyptus. Her research is focusing on mechanisms that can confer broad-spectrum, long lasting resistance by dissecting gene families and responses to pests and pathogens.

Dr. Maha Nasr (Egypt) focuses on advanced technologies such as nanotechnology based drug carriers and composite delivery systems. She is currently investigating the possibility of creation of novel carriers for treatment of diseases, mainly cancer and Alzheimer’s.

Dr. Sidy Ndao’s (Senegal) research group has recently developed the world’s first high temperature thermal rectifier, a building block for future High Temperature Thermal Memory and Logic Devices, i.e., thermal computer. He is also the founder of the Pan-African Robotics Competition.

Dr. Peter Ngene (Nigeria) developed a strategy which is now widely used to make complex hydride nanocomposite materials for reversible hydrogen storage applications and solid-state electrolytes for rechargeable batteries. He has also developed inexpensive eye-readable hydrogen sensors for the diagnosis of lactose intolerance via hydrogen breath test.

Dr. Tolulope Olugboji (Nigeria) builds sophisticated computer models and designs novel remote sub-surface imaging techniques to improve the understanding of the architecture and composition of the solid Earth interior.

Dr. Hamidou Tembine’s (Mali) research investigates game theory and aims to contribute significantly to existing knowledge on the interactive decision-making problems with incomplete information, and in the presence of self-regarding, other-regarding, altruistic, spiteful, risk-sensitive, and irrational agents.

Launched in 2013, the Next Einstein Forum (NEF) is an initiative of the African Institute for Mathematical Sciences (AIMS) in partnership with the Robert Bosch Stiftung. The NEF is a platform that connects science, society and policy in Africa and the rest of the world – with the goal to leverage science for human development globally. The NEF believes that Africa’s contributions to the global scientific community are critical for global progress. At the centre of NEF efforts are Africa’s young people, the driving force for Africa’s scientific renaissance. The NEF is a unique youth-driven forum. At our headline biennial scientific events, 50% of participants are 42 or younger. Far from being an ordinary science forum, the NEF Global Gatherings position science at the centre of global development efforts. The next NEF Global Gathering will be held on 26-28 March 2018 in Kigali, Rwanda. In addition, through our Communities of Scientists, we showcase the contributions of Africa’s brilliant youth to Africa’s scientific emergence through its class of NEF Fellows, who are Africa’s top scientists and technologists under the age of 42, and NEF Ambassadors, who are the NEF’s 54 science and technology ambassadors on the ground.The NEF is also working together with partners such as the African Academy of Sciences, Ministers’ of Education, Science and Research across Africa, foundations and other global scientific and private sector companies, to build an African scientific identity. By bringing together key stakeholders, the NEF hopes to drive the discussion from policy to implementation by leveraging buy in and best practice results from Africa and the world. Have a look at our benchmark Dakar Declaration.

Dr. Kevin Dzobo (Zimbabwe)

Dr. Kevin Dzobo (Zimbabwe)

Finally, the NEF is telling untold stories of scientific research and innovation across the continent through our various platforms. We want to recalibrate what ‘innovation’ means in Africa. We want to make the link between science and technology, even basic sciences, to everyday life. We want the public involved in science and we have recently concluded the first coordinated Africa Science Week – an annual three to five day celebration of science and technology through coordinated science events across the continent. We believe the next Einstein will be African.

The NEF has been endorsed by the African Union Commission, the United Nations Educational, Scientific and Cultural Organization (UNESCO), the Governments of Rwanda, Senegal and South Africa, the African Academy of Sciences (AAS) and a growing number of private sector and civil society partners from across the world who are passionate about positioning Africa’s scientific community as an influential member in the global scientific community, which will ensure sustainable human development in Africa and other parts of the world.

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With new Managing Director, Ghana’s MEST scales as Pan-African incubator
September 12, 2017 | 0 Comments

By Jake Bright*

The MEST incubator has appointed Aaron Fu as its new Managing Director. This comes as the Accra based innovation hub scales up its presence across Africa.

Founded in 2008, MEST operates as a training program and seed fund for African innovators to build successful commercial tech companies.

Fu takes the helm after two years as Managing Partner at early stage VC firm Nest. He also co-founded Metta Kenya, a Nest backed space in Nairobi for tech entrepreneurs and investors. Interim MEST MD Katie Sarro will shift to Head of Partnerships and Fundraising.

Fu plans to focus on the incubator’s continued expansion. “A very big part of that is figuring out what elements we’ve rolled out in Accra that will scale to the rest of the market,” he told TechCrunch. “As the organization transitions to becoming a multi-country entity, there’s going to be some organizational changes…to make sure MEST’s impact also scales.”

The incubator currently has offices or on ground presence in Ghana, Nigeria, Kenya, and South Africa. It actively recruits in those countries and Cote d’Ivoire. MEST is in the process of opening physical incubator spaces in multiple countries.

“We want to connect our…startups to markets, resources customers, and teams from all across Africa to make their dream of building truly pan African companies a reality,” said Fu.

MEST’s expansion comes as Africa has seen its innovation spaces grow from a handful, less than a decade ago, to over 300, by a recent GSMA tally. Many of those hubs have been shifting away from singular market focus and an over reliance on grant funding toward broader reach and more revenue from investment related activities. This year Kenya’s iHub launched its own startup fund. Nigeria’s CCHub recently launched its Diaspora Challenge to tap talent and investment outside the country.

Funded primarily by Jorn Lyseggen’s Meltwater Foundation, MEST is also transitioning toward more investment activities. Its seed fund has supported several companies that went on to raise outside capital and two―Claimsyncand messaging app Saya―have been acquired. MEST’s new MD confirmed the incubator plans to launch a VC firm in the near future, though could not provide an exact timeline.

Fu sees a broader benefit to Africa’s tech sector from MEST’s expansion. “We’d like to connect all these smaller, vibrant ecosystems across the continent to present one unified ecosystem,” he said.

And on MEST’s commitment to commercial startups. “We definitely believe in building businesses not apps,” Fu said. “By doing that you create the hero figures to inspire the next generation. That inspires capital to be unlocked across the world to invest in African tech.”

 *Tech Crunch/Yahoo

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Tony Elumelu: why Africapitalists will build a continent’s future
September 8, 2017 | 0 Comments

By Tony O. Elumelu*

Tony O. Elumelu

Tony O. Elumelu

Africa is not a single country but a continent, one that is a place of real business opportunity that the world should be alive to. I know, having built businesses that now operate in 20 African countries and through creating a programme over 10 years that is funding and mentoring 10,000 African entrepreneurs.

I have witnessed first hand the infectious enthusiasm of African entrepreneurs, and my businesses demonstrate the potential of Africa if you invest for the long term and act strategically. In 1997, I had a vision of democratising African banking, seeing financial services not only as a vehicle for financial inclusion, but as a critical enabler of cross-border trade and value creation on the African continent.

Diverging fortunes

Since the end of the commodity supercycle, growth paths in Africa have diverged. Oil-exporting countries, such as Algeria and Angola, and non-energy mineral exporters, including Botswana and Zambia, have experienced substantially weakened growth. Economic giants Nigeria and South Africa have entered recession. However, economies not based on commodities have continued to demonstrate robust expansion. Côte d’Ivoire, Ethiopia, Rwanda and Tanzania enjoy gross domestic product (GDP) growth rates of 6% and above.

This diversity teaches us the important lesson that Africa should not be treated as a single economic unit and also shows how governments must create the enabling environment that will allow the private sector to act as the engine of economic and social growth.

The economic progress of the latter countries is unsurprising. Their growth is a result of patient investment in infrastructure to grow the real sector of the economy, and a sustained focus on institutionalising that enabling environment – with business incentives, transparency, safety and policy stability – to allow the private sector to flourish. These factors foster the growth of local value creation, which resolves Africa’s historical over-reliance on raw material and commodity exports that leave their economies susceptible to cyclical boom and bust.

In 2015, Ethiopia launched a light rail project in Addis Ababa, the first metro service in sub-Saharan Africa. As it is now building a $5bn Grand Renaissance dam with a generation capacity of 6000 megawatts and a projected $1bn in revenues from electricity sales, the World Bank recently named it as the world’s fastest growing country. Ethiopia’s big investments in infrastructure have resulted in pay-offs, including double-digit economic growth (averaging 10.8% since 2005).

Tanzania has also made significant investments in infrastructure – particularly in power – strengthening its manufacturing and construction sectors. Construction alone accounted for 13.6% of GDP in 2015, further fuelled by investments in transport and port developments.

The diversity of economic outcomes on the continent illustrates my belief that three interdependent ‘pillars’ for economic and job growth are required: policy reform and a commitment to the rule of law; investment in infrastructure; and a commitment to developing Africa’s manufacturing and processing industries. All three pillars reinforce each other, help to unleash the African private sector and increase both foreign and local investment.

Private sector importance

I firmly believe that only a developed and well-capacitated private sector can unlock economic prosperity and widespread opportunity in Africa. To advance bottom-up economic development, and create jobs and employment for Africa’s exploding population, the private sector must flourish, with a focus on supporting entrepreneurs and small and medium-sized enterprises (SMEs). After all, governments and corporates alone cannot create the millions of jobs that the continent desperately needs; only small businesses can.

The best-performing countries on the continent are those that have keenly supported entrepreneurship and enhanced the business climate. The Rwanda Development Board, created to boost entrepreneurship and grow the private sector, has been effective in increasing investor interest in the country. The World Bank’s Ease of Doing Business Report now ranks Rwanda second in Africa, as a result of its reforms that have reduced administrative and operating costs for all businesses via streamlined licensing and permitting processes; reduced tariffs; and ease in registering a new business, accessing credit and paying taxes.

In Côte d’Ivoire, improvements to the business environment continue to attract investment. For example, a reduction in government bureaucracy now allows new businesses to be registered within 24 hours. Tax waivers, exemptions and a 40% cut in custom duties have spurred new investments. The Mauritian government has launched an ambitious SME scheme backed by a bank focused on SMEs with a capitalisation of Rs10bn ($751.6m) over the next five years. The goal is to become a “nation of entrepreneurs”.

It is encouraging to see Africa’s public sector recognise that Africa’s future will be determined not simply by economic growth, but by how successful we are in creating accessible pathways to economic prosperity for all Africans everywhere. It is in those communities where opportunities are the most scarce that social issues are most prevalent. Given the recent commodity crash and subsequent shortfalls in government budgets across the continent, these massive investments in infrastructure and structures to support entrepreneurs may be unfeasible. This calls for a new approach to development assistance.

Partners for the long term

Development partners must be willing to: work side by side with African countries to invest for the long term in critical sectors of the economy such as manufacturing and processing; lend technical support in policy conceptualisation; and finance infrastructure projects such as ports and roads – efforts that will create broad-based prosperity. Assistance in this manner will radically transform the economy and launch it on the path of sustainable development.

In mid-June, German chancellor Angela Merkel met African leaders ahead of the July G20 summit to discuss the ‘Compact with Africa’, an initiative to boost private investment in Africa, improve infrastructure and tackle unemployment. Emphasising the importance of this different style of partnership, Ms Merkel said: “Positive development in the world will not work unless all continents participate. We need an initiative that does not talk about Africa, but with Africa.” This has been backed up by €300m agreement with Tunisia, Côte d’Ivoire and Ghana as part of the recently announced Marshall plan.

Germany’s Marshall plan for Africa seeks to support the continent in areas of economic activity, trade and development; peace and security; and democracy, the rule of law and human rights. It is hoped that the plan will accelerate the growth of the African private sector – including entrepreneurs – to make companies more competitive, and to enhance their ability to scale and create formal wage-earning jobs. It also strives to bridge Africa’s $93bn-a-year infrastructure deficit, the major roadblock in its path to prosperity.

I support this reimagined and innovative approach to development. I applaud the well-meaning plans to forge stronger trading ties and cross-border commercial relationships, to support African entrepreneurs, to commit to more technical and knowledge support programmes. Above all, I commend this recognition – though belated – of Africans as befitting partners, capable of working alongside Western governments and corporates to generate new wealth opportunities on the continent.

For me, this goes beyond mere talk. The Tony Elumelu Foundation has committed $100m to support African entrepreneurs, based on our belief in their potential and capacity to develop homegrown solutions to solve the continent’s seemingly intractable economic problems.

My passion for entrepreneurship is rooted in the economic philosophy of ‘Africapitalism’, a term that I coined to emphasise the role Africa’s private sector must play in the socioeconomic transformation of our continent. Africapitalism calls on the private sector – including African entrepreneurs – to make long-term investments in strategic sectors to create both economic profit and social prosperity.

To empower African entrepreneurs to take on this responsibility to transform Africa, the Tony Elumelu Foundation has committed $100m over the next 10 years to funding, mentoring and training 10,000 entrepreneurs whose businesses will create 1 million jobs and generate $10bn dollars in revenue.

An alternative capitalism

At the heart of Africapitalism is the recognition that the private sector is the main driver of growth in any economy. This confers on businesses a critical responsibility and a commitment to prioritise not economic profits alone but social wealth and broad-based prosperity. Africapitalism advocates the need to enable the private sector to take on a more active role in addressing economic imbalances in society. It improves upon the traditional model of capitalism that centres on extractive short-term gains and instead promotes a refined approach that invests for the long term in strategic sectors for both economic and social wealth.

Africapitalism puts people first and identifies entrepreneurship as the solution to Africa’s biggest threats: unemployment and lack of economic hope. Africapitalism advocates for the empowerment of entrepreneurs to enhance job creation. Only small businesses – not governments, not corporates – can create the millions of jobs needed to leverage our youth demographic dividend to guarantee an economic transformation.

The significant political and economic changes today – the backlash against globalisation, anxiety over lost jobs, political upheavals, deepening inequality – reinforce the urgency around rethinking capitalism as historically practised. Africapitalism offers a compelling alternative to modern-day capitalism, and when embraced will douse societal tensions, create new social wealth, inspire renewed public confidence in business, and make our world much fairer. Businesses will be the better for it as bottom lines benefit when there is peace, stability and prosperity.

It is true that Africa needs partners, but more critically, we need Africapitalist partners.

*This article was originally published on The Banker.Tony Elumelu is Chairman at Heirs Holdings.

 

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THE U.S. AFRICAN DEVELOPMENT FOUNDATION INVESTS IN 35 YOUNG AFRICAN ENTREPRENEURS
September 7, 2017 | 0 Comments

WASHINGTON, DC – September 6, 2017– The U.S. African Development Foundation (USADF) is pleased to announce $375,000 in seed capital funding to 35 young African social entrepreneurs for social and community change in 20 sub-Saharan countries in Africa.

Winners were selected from the 2017 Mandela Washington Fellowship program, as part of the Young African Leaders Initiative (YALI). By pairing seed capital with technical assistance, USADF is empowering young entrepreneurs who are leading the charge in investing in Africa’s economic growth. Each entrepreneur will receive up to $25,000 in start-up capital to strengthen systems that will support the growth of their enterprises – ranging from agribusiness and healthcare services, to renewable energy, waste management and technology. C.D. Glin, President & CEO of USADF says, “These young people represent the best and brightest of Africa’s future business leaders and social entrepreneurs.”

With USADF seed capital and technical assistance, these social entrepreneurs are creating jobs, training and employing other youth, and creating or expanding markets by providing goods and services. They are also working to find new and innovative ways to improve their communities and create economic growth opportunities.

Delia Diabangouaya, CEO of Chocotogo, says, “I am building my business to produce top-quality chocolate and support smallholder cocoa farmers. With this grant, I am hoping to have a lasting impact in my community.” Chocotogo is an artisan chocolate company based in Togo that sources cocoa from rural farmers. With USADF funding, Delia aims to transform the cocoa value chain to benefit over 100 local smallholder farmers and produce high-quality, artisan chocolates.

Entrepreneurs like Chioma Ukonu are finding new ways to manage waste and protect the environment in busy cities like Lagos, Nigeria. Ukonu’s enterprise, Recycle Points, uses a points-based incentive model to encourage recycling in Lagos. Her business hires youth to collect waste door-to-door from subscribers, who in turn receive points redeemable for household items and cash. Ukonu says, “I wanted to find a way to incentivize people to recycle, while also starting my own business. USADF believes in empowering local entrepreneurs to find solutions affecting their communities.”

As Mandela Washington Fellows, these young entrepreneurs have all demonstrated leadership in business, the ability to work cooperatively in diverse groups, and are strong communicators actively engaged in making a difference. They are the future leaders committed to catalyzing change in their communities, countries, and Africa’s growth. USADF’s goal is to catalyze young Africans ingenuity and entrepreneurial spirit to launch and expand their social enterprises so every African may be a part of Africa’s growth story. Since 2014, USADF has awarded over $3M to over 150 young entrepreneurs in over 30 countries.

 

About USADF

The U.S. African Development Foundation (USADF) is an independent U.S. Government agency established by Congress to support and invest in African owned and led enterprises which improve lives and livelihoods in poor and vulnerable communities in Africa. For more information, visit www.usadf.gov
About the Mandela Washington Fellowship

The Mandela Washington Fellowship for Young African Leaders, begun in 2014, is the flagship program of the Young African Leaders Initiative (YALI) that empowers young people through academic coursework, leadership training, and networking. In 2017, the Fellowship provides 1,000 outstanding young leaders from Sub-Saharan Africa with the opportunity to hone their skills at a U.S. college or university with support for professional development after they return home. For more information, visit www.yali.state.gov/washington-fellowship.

For the official press release, click here.

List of USADF 2017 Mandela Washington Fellows Winners: 

·         Koketso Leshope, Botswana, Ma-Tla-Long

·         Malick Lingani, Burkina Faso, Magic Touch

·         Narcisse Parfait, Cameroon, Agri-Invest

·         Flavien Simo, Cameroon, Save Our Agriculture

·         Henry Foretia, Cameroon, Ets. Henry Et Freres

·         Rock Klahadoum, Chad, First Business Center

·         Yannick Rudahindwa, Democratic Republic of Congo, Cedya Systems

·         Joel Mayimbi, Democratic Republic of Congo, First Tech RDC

·         Melaku Lemma, Ethiopia, SLM Teaching Aid Materials

·         Ama Duncan, Ghana, Fabulous Woman Network

·         Isaac Quaidoo, Ghana, Nexlinks Company

·         Silvia Tonui, Kenya, Marigat Gold Enterprises

·         Paballo Mokoqo, Lesotho, Dust Busters Home Cleaning Service

·         Israely Andrianjafiarisaona, Madagascar, Fereau Technologie

·         Mavis Banda, Malawi, Kanjadza Acres

·         Aderonke Jaiyeola, Nigeria, Pattern Design

·         Chioma Ukonu, Nigeria, RecyclePoints

·         Usman Lawan, Nigeria, USAIFA International

·         Atinuke Lebile, Nigeria, Cato Food and Agro Allied Global Concepts

·         Ucheoma Udoha, Nigeria, Cripvision

·         Janvier Uwayezu, Rwanda, Rwanda Biosolution

·         Sylvie Sangwa, Rwanda, SYBASH

·         Papa Zongo, Senegal, Ailes Du Gaal

·         Insa Drame, Senegal, CAIF

·         Thabang Mabuza, South Africa, Ulwazi Resource Center

·         Jennifer Shigoli, Tanzania, Elea Reusable Sanitary Pads

·         Domitila Silayo, Tanzania, Mayai Poa

·         Dina Kikuli, Tanzania, H.D. Agribusiness

·         Delia Diabangouaya, Togo, Chocotogo

·         Adjo Bokon, Togo, MiabePads

·         Francis Asiimwe, Uganda, Kaaro Telehealth

·         Rodney Nganwa, Uganda, My Boda

·         Guy Mbewe, Zambia, Kukula Solar

·         Muzalema Mwanza, Zambia, Lakefarms and Fishing Lodge

·         Connie Karoro, Zimbabwe, Coco Seed Culture

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dotAfrica (.africa) the best option for Africa in cyberspace
September 7, 2017 | 0 Comments
54 countries in Africa are now united under a single, continent-wide domain name, staying true to the Oliver Tambo and Abuja Declarations of the 1990s
JOHANNESBURG, South Africa, September 7, 2017/ — It is now possible to own an Internet address, or domain name, ending with .africa.

Already, more than 8000 of the continent’s and world’s biggest brands, businesses and individuals have registered for this exciting new Internet address.

Diverse organisations ranging from banks to media companies are registering .africa domain names. “Leading continental and international brands are snapping up .africa domain names because they recognise the importance of being associated with Africa’s bright future online. With many positive stories coming out of Africa, brands understand that .africa domain names are valuable virtual real estate,” says Lucky Masilela, CEO of the ZACR, the non-profit company tasked with administering the new .africa domain name on behalf of the continent.

54 countries in Africa are now united under a single, continent-wide domain name, staying true to the Oliver Tambo and Abuja Declarations of the 1990s. These written resolutions stated that ICT will be central to Africa’s future wellbeing and .africa is surely amongst the top African-led ICT initiatives of the last twenty years.

“Initiatives like .africa help harness the power of new technologies to solve old problems. .africa is unique in that it gives Africans an important sense of pride to help motivate them to achieve the very best for their continent and themselves. ZACR appeals to all Africans to take ownership of .africa, because it truly belongs to us all,” concludes Masilela.

.africa domain names are now available and anyone can register through companies listed here: http://Registry.Africa/registrars

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Unlocking Solar Capital Africa conference features first Solar Power Incubator to Unlock Potential of Energy in the Region
September 7, 2017 | 0 Comments
Phanes Group will announce the winners at Solarplaza’s event in Abidjan come October
ABIDJAN, Ivory Coast, September 7, 2017/ — Solaplaza’s (www.Solarplaza.com) ‘Unlocking Solar Capital Africa’ conference, an event focused on connecting solar project development and finance & investment, will be the first African event featuring a Solar Incubator program, aimed at identifying PV projects of potential in sub-Saharan Africa by providing access to funding, and commercial and technical knowledge.

The initiative, ‘The PV Solar Incubator, Your Project, Our Expertise, For a Sustainable Future,’ will be launched by Phanes Group in partnership with Solarplaza, Hogan Lovells, responsAbility, and Proparco, and invites PV developers to submit proposals for projects that are based in sub-Saharan Africa, and have a clear CSR component.

Candidates are asked to submit their proposals before October 1, 2017, via Phanes Group’s website or through the conference website. Shortlistees will be invited to pitch their projects to an expert panel at Solarplaza’s ‘Unlocking Solar Capital Africa’ conference in Ivory Coast, October 25 – 26, where the industry’s biggest players will hold extensive discussions about solutions for Africa’s solar energy funding gap.

It comes as part Unlocking Solar Capital Africa’s goal to solve Africa’s solar energy funding gap and Phanes Group’s core strategy to collaborate with Africa-focused counterparties, such as local project owners, governments, and developers on projects that seek to create a sustainable future for urban and rural communities across the sub-Saharan region.

“Clean energy has the potential to transform sub-Saharan Africa for years to come, but successfully implemented PV solar projects require a diverse mix of expertise and knowledge to bring them to financial close,” said Martin Haupts, CEO, Phanes Group. “We believe the Phanes Group Solar Incubator will leverage untapped local PV potential, and create more opportunities for local projects. Combined with our strengths in developing bankable solutions for clean, affordable energy and efforts in CSR, the incubator initiative can help to address local needs that haven’t yet been met.”

There are currently more than 620 million people in sub-Saharan Africa(www.WorldEnergyOutlook.org/africa) living without electricity, according to the International Energy Agency (IEA), which works to ensure global access to reliable, affordable and clean energy.

This initiative aims to support developers not just in the funding phase, but throughout the project development and delivery phases, to ensure important, CSR-focused projects are brought to financial close. Phanes Group, along with its partners, will provide PV developers with access to a reliable partner that will support them in reaching bankability. Through an initial incubator phase, extensive mentorship, and access to the right network, this year’s candidate will have an opportunity to roll-out a sustainable energy solution in their community, as well as develop a lasting relationship with an end-to-end, integrated solar expert.

After the winning project has been announced at the ‘Unlocking Solar Capital Africa’ event, the developers will be invited to join Phanes Group for an intensive 4-day workshop at its headquarters in Dubai, UAE. This will help lay the foundations for delivering a bankable and sustainable project.

“As dreamers of a future where everybody can have access to electricity for a fair price, initiatives focused on long-term success like the Phanes Group’s Solar Incubator are always dear to our hearts,” said Edwin Koot, Solarplaza. “Renewable energy infrastructure projects result in myriad benefits. We wish participants the best in bringing forth this ripple effect to their communities, and look forward to meeting them at the ‘Unlocking Solar Capital Africa’ conference this October,” Edwin Koot added.

More about the Solar Power Incubator 

The inaugural Solar Incubator, held under the theme of ‘Your Project, Our Expertise, For a Sustainable Future’, will be supported by Solarplaza, Hogan Lovells, responsAbility, and Proparco.

The initiative aims to select and develop PV project opportunities in sub-Saharan Africa that haven’t been able to gain access to funding and necessary know-how. Corporate Social Responsibility (CSR) is an integral part of this initiative; along with the project details a solid CSR concept must be submitted and will be further developed during the incubator phase, and implemented in parallel with execution of the PV project.

The candidate of the winning project will enter a partnership with Phanes Group and hold a long-term stake in the project, collaboratively bringing it to financial close. With the incubator, Phanes Group and its partners will provide the winner with extensive mentorship and knowledge transfer throughout the project.

The deadline to submit projects for evaluation and shortlisting ends on October 1, 2017. The final selection process will take place during a live panel session in the ‘Unlocking Solar Capital Africa’ conference in Abidjan, Ivory Coast, October 25-26, 2017, where the winner will be announced. Interested candidates can submit directly on the PV Solar Incubator Competition website at www.PhanesGroup.com/incubator or on the ‘Unlocking Solar Capital Africa’ conference website at http://Africa.unlockingsolarcapital.com/solar-incubator.

Phanes Group is an international solar energy developer, investment and asset manager, strategically headquartered out of Dubai with a local footprint in sub-Saharan Africa, through its two offices in the region’s largest economies – Nigeria and South Africa.
Phanes Group has a pipeline of 600 MW under development in Africa, with 260 MW of grid connected solar PV in Nigeria across three different projects. The first of the three to be built, in the Sokoto region, is backed by one of the Nigerian government’s 14 PPAs. In addition, the group is developing off-grid solar solutions to ensure communities across the region have access to a stable and clean energy supply.
Established in 2012, Phanes Group’s integrated approach, combining financial and engineering expertise, enables the company to deliver end-to-end solar energy solutions. The group has a growing portfolio of solar investments and developments spanning multiple geographies with a distinct focus on emerging markets, especially MENA and sub-Saharan Africa.

Unlocking Solar Capital Africa is an event entirely focused on connecting solar project development and finance & investment across the entire African solar sector (On-grid Solar, micro-grids, off-grid lighting and household electrification). Unlocking Solar Capital Africa 2017 will bring together hundreds of representatives from development banks, investment funds, solar developers, IPPs, EPCs & other solar stakeholders to engage in extensive discussions to solve Africa’s solar energy funding gap – and get projects realized.
As a professional solar event organizer, Solarplaza has hosted over 90 events in 30 countries around the world, ranging from exploratory trade missions in emerging markets to large-scale conferences with 450+ participants. Unlocking Solar Capital Africa 2017 is Solarplaza’s 8th conference on the African continent, and directly builds on our previous Unlocking Solar Capital Africa (Nairobi, Kenya) and Making Solar Bankable (Amsterdam, the Netherlands) conferences.
For more information regarding the program, attendees, and registrations, visit http://Africa.unlockingsolarcapital.com.

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