Call Us Now: (240) 429 2177

sao-tome

Senegalese President Sall Hails Africa50’s Cooperation with Senelec to Develop the Malicounda Power Plant
September 22, 2017 | 0 Comments

CASABLANCA, Morocco, September 21 , -/African Media Agency (AMA)/- At its second annual Shareholders Meeting in Dakar on September 12, Africa50, the infrastructure fund for Africa, signed a development agreement with Senelec, Senegal’s electricity provider, for competitive selection of a strategic sponsor to develop a 120 MW combined cycle thermal power plant at Malicounda. Together, the consortium will secure financing and supervise construction and operation of the plant.

The plant, situated in Mbour department 85 km from Dakar, will initially run on fuel oil, but can be converted to natural gas when this becomes available from recently discovered gas fields. Private sector participation follows the Build, Own, Operate and Transfer model (BOOT). The plant will produce at least 956 GWh a year. The Power Purchase Agreement has a duration of 20 years, with a competitive feed-in tariff rate arrived at through a public tender. The electricity generated will be fed into the network through an existing distribution substation.

The project fits in with Senegal’s strategy to increase energy production while, in the medium term, reducing the cost of electricity for consumers. Moreover, this thermal plant will help satisfy base loads, facilitating the integration of intermittent renewable power into the country’s network.

In his opening address to Africa50 shareholders earlier in the day, Senegalese President Macky Sall cited the project as a symbol of the understanding between Senegal and Africa50. Stating that “Africa is open for business,” he emphasized that “Africa is now a growth region where one can invest securely and with a good return.”

The agreement was signed by Africa50 CEO Alain Ebobissé and Senelec Chairman Mouhamadou Makhtar Cissé. Dr. Akinwumi Adesina, African Development Bank President and Africa50 Chairman, who opened the signing ceremony, cited the very valuable cooperation between the AfDB and Africa50 to meet the continent’s growing energy needs.

Africa50 CEO Alain Ebobisse underlined that the strong support from the Senegalese government, including a solid Power Purchase Agreement, helps assure a reasonable return for investors, making this project viable. “We are grateful for the leadership of President Sall who supported this innovative approach of joint development between Senelec and Afica50. This is a model of cooperation between the public and private sectors which, we are convinced, will permit the efficient development of priority projects everywhere in Africa.”

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.

0
Read More
Senegal and France to host Global Partnership for Education Financing Conference
September 22, 2017 | 0 Comments
The announcement of the co-hosting was made by Presidents Macky Sall of Senegal and Emmanuel Macron of France at a high-level event on education financing held at the United Nations
Presidents Macky Sall of Senegal and Emmanuel Macron of France

Presidents Macky Sall of Senegal and Emmanuel Macron of France

NEW YORK, United States of America, September 20, 2017/ — The Global Partnership for Education (GPE)  is delighted that the governments of Senegal and France  will co-host its financing conference, which will take place on February 8, 2018 in Dakar, Senegal.

The announcement  of the co-hosting was made by Presidents Macky Sall of Senegal and Emmanuel Macron of France at a high-level event on education financing  held at the United Nations, which was attended by Secretary General António Guterres, several heads of state and leaders on global education.

“The Global Partnership for Education has made substantial investments in education helping to get 72 million more children into primary school since 2002, including in Senegal,” President Macky Sall said. “We are honored to host the next GPE Financing Conference in Dakar and look forward to continuing our close partnership with GPE.”  

This is the first time a donor and developing country co-host a GPE financing conference, symbolizing the spirit of true partnership, which is the essence of GPE.

President Macron of France stressed that one of his top priorities is to invest in education. “I call on the international community to join us in February 2018 in Dakar for the Global Partnership for Education Financing Conference, which France will co-host with Senegal,” Macron said.

“The financing conference of the Global Partnership for Education is an opportunity for a much needed step change, allowing donors and developing countries to show their financial commitment to education,” said Julia Gillard, GPE Board Chair“Senegal and France jointly hosting the GPE financing conference demonstrates the determination of both governments to help GPE expand its support for strong and sustainable education systems in developing countries.”

The event in Dakar will bring together donor and developing country governments, the private sector, philanthropic foundations, civil society and international organizations to announce commitments to support education in developing countries.

“This is an exciting and pivotal moment for GPE and for global education,” said Alice Albright, GPE Chief Executive Officer“This financing conference will put GPE on track to become a US$2 billion-a-year operation by 2020 . At that level, GPE can have a far greater impact on providing better quality education  to the world’s children.”

 

GPE’s financing conference seeks to raise US$3.1 billion for 2018 through 2020 to support the education of 870 million children in 89 developing countries that are home to 78% of the world’s out-of-school population.

Currently, 264 million children and youth around the world are not in school and six out of ten children and youth, a total of 617 million, are in school but not learning at the level they need to break the bonds of poverty, poor health and social disadvantage. Though the share of overseas development aid to education has declined over the last six years, leaders around the world are now recognizing the urgency of turning that trend around.

France has been a donor to GPE since 2005. With GPE support since 2006, Senegal has shown great progress raising its investment in education as a share of domestic spending to 24 percent.

“Both France and Senegal are ideally positioned to urge other countries across the globe to increase investments in education,” Ms. Gillard added. “We believe that will make for a successful and productive financing conference and ultimately benefit hundreds of millions of children in some of the poorest countries around the world.

Monze Primary School, Zambia, May 2017

Monze Primary School, Zambia, May 2017

Monze Primary School, Zambia, May 2017

Monze Primary School, Zambia, May 2017

The Global Partnership for Education (GPE) works with developing countries to ensure that every child receives a quality basic education, prioritizing the poorest, the most vulnerable and those living in countries affected by fragility or conflict. GPE mobilizes financing for education and supports developing countries to build effective education systems founded on evidence-based planning and policies.
GPE’s support has achieved the following results in its partner countries:
• 72 million more children in primary school in 2015 compared with 2002
• 76% of children in GPE partner countries completed primary school in 2015 compared to 63%in 2002.
• 74% primary school completion rate for girls in 2015 compared with 57% in 2002
• 78% of GPE partner countries have maintained their education budget at or above 20% of public expenditure, or increased their education budget in 2015.

0
Read More
USAID ADMINISTRATOR GREEN ANNOUNCES PMI LAUNCH AND EXPANSION IN WEST AND CENTRAL AFRICA
September 22, 2017 | 0 Comments
Administrator Mark Green visits a Feed the Future-supported abattoir in Ethiopia/Somali region.Photo credit USAID

Administrator Mark Green visits a Feed the Future-supported abattoir in Ethiopia/Somali region.Photo credit USAID

The U.S. President’s Malaria Initiative is Expanding. New countries: Cameroon, Cote d’Ivoire, Niger, and Sierra Leone, and expanding existing program in Burkina Faso.

Today, United States Agency for International Development (USAID) Administrator Mark Green announced that the U.S. President’s Malaria Initiative (PMI), led by USAID and implemented together with the U.S. Centers for Disease Control and Prevention (CDC), will launch new country programs in Cameroon, Cote d’Ivoire, Niger, and Sierra Leone, and expand its existing program in Burkina Faso.
With the addition of five new focus countries in West and Central Africa, PMI will have programs in 24 countries in sub-Saharan Africa, where malaria remains a significant public health problem.  This is in addition to PMI’s two bilateral programs and targeted support in the Greater Mekong Subregion in Asia, aimed at combating antimalarial drug resistance.PMI’s country expansion will benefit almost 90 million additional people at risk of malaria. The U.S. Government will now contribute to ensuring the availability of effective malaria prevention and control interventions to approximately 332 million people at risk across the west-to-central African corridor from Senegal to Cameroon.  While launching and expanding PMI, the U.S. Government remains committed to partnering with existing PMI focus countries to accelerate progress in malaria control and continue the momentum towards elimination.
Together with partner countries, under national malaria control program leadership, and in collaboration with malaria stakeholders, PMI scales up a comprehensive, integrated package of life-saving interventions in communities.  This includes both prevention (insecticide-treated mosquito nets, intermittent preventive treatment of pregnant women, seasonal malaria chemoprevention, and indoor residual spraying) and treatment interventions (malaria diagnosis and treatment with artemisinin-based combination therapies).  PMI support builds overall country capacity and strengthens health systems while improving malaria prevention and treatment services.  PMI support includes strengthening supply chain logistics, malaria case surveillance, and monitoring and evaluation of impact.
More than 480 million people at risk of malaria have benefitted from PMI programs.  In Fiscal Year 2016, PMI protected over 16 million people by spraying homes, distributed more than 42 million long-lasting insecticide-treated bed nets, and provided 57 million treatments of life-saving drugs and 63 million rapid diagnostic tests.
0
Read More
SYMBION AND HIGHLAND GROUP HOLDINGS LTD. SIGN $100M EQUITY INVESTMENT AGREEMENT FOR RWANDA METHANE GAS PROJECTS
September 21, 2017 | 0 Comments
Following the signing between Symbion Energy and Highland Group Holdings Ltd. (HGHL) of an agreement that sees HGHL co-invest $100 million towards the implementation of a $370 million, 106 megawatts of methane gas generated power on Rwanda’s Lake Kivu. L- R: USAID’s Acting Assistant Administrator for Africa Cheryl L. Anderson; Lord Irvine Laidlaw, Chairman at HGHL; Chief Executive Officer, Hon. Clare Akamanzi, Rwanda Development Board and a Member of President Kagame’s cabinet; Alexis Kabuto, CEO, Symbion Lake Kivu; Paul Hinks, CEO, Symbion; Albert Jochems, Laidlaw Capital Management.

Following the signing between Symbion Energy and Highland Group Holdings Ltd. (HGHL) of an agreement that sees HGHL co-invest $100 million towards the implementation of a $370 million, 106 megawatts of methane gas generated power on Rwanda’s Lake Kivu. L- R: USAID’s Acting Assistant Administrator for Africa Cheryl L. Anderson; Lord Irvine Laidlaw, Chairman at HGHL; Chief Executive Officer, Hon. Clare Akamanzi, Rwanda Development Board and a Member of President Kagame’s cabinet; Alexis Kabuto, CEO, Symbion Lake Kivu; Paul Hinks, CEO, Symbion; Albert Jochems, Laidlaw Capital Management.

NEW YORK, USA – SEPTEMBER 21, 2017 –  Symbion Energy and Highland Group Holdings Ltd. (HGHL) today signed an agreement that sees HGHL co-invest $100 million towards the implementation of a $370 million, 106 megawatts of methane gas generated power on Rwanda’s Lake Kivu, it was announced today by Paul Hinks, CEO, Symbion.

Lake Kivu contains an estimated 55 billion cubic meters of naturally occurring methane gas.  The total power generation potential of the resource has been conservatively estimated at more than 500 MW over a 40-year period. Only 25 Megawatts is produced today.

Speaking at the signing ceremony in New York City Hinks said, “We are very excited about our new partnership with HGHL, they are injecting $100 million of cash equity into the Rwanda projects of Symbion Energy.  The work will begin in earnest in November 2017 and this funding means we can fast track at least 22MW of power within 18 months.  Roughly 8 to 10 MW of that can be available by mid 2018 from the existing plant we acquired in 2016 which is known as KP1. It will be rehabilitated and expanded.”

Lord Irvine Laidlaw, Chairman at HGHL and Alexis Kabuto, CEO, Symbion Lake Kivu shake hands following the signing between Symbion Energy and Highland Group Holdings Ltd. (HGHL) of an agreement that sees HGHL co-invest $100 million towards the implementation of a $370 million, 106 megawatts of methane gas generated power on Rwanda’s Lake Kivu.

Lord Irvine Laidlaw, Chairman at HGHL and Alexis Kabuto, CEO, Symbion Lake Kivu shake hands following the signing between Symbion Energy and Highland Group Holdings Ltd. (HGHL) of an agreement that sees HGHL co-invest $100 million towards the implementation of a $370 million, 106 megawatts of methane gas generated power on Rwanda’s Lake Kivu.

Hinks continued, “Rwanda is one of the very few countries in Africa that properly plans ahead of time and they understand that substantial power capacity is necessary to attract investors to create economic growth and deliver electricity to its population. The demand for power in Rwanda is suppressed by the lack of surplus capacity and these two projects will facilitate continued growth. As far as Sub-Saharan Africa is concerned, Rwanda ranks highest in the World Bank Ease of Doing Business Index and our experience there is a complete endorsement of that.  HGHL’s confidence in the country and in Symbion is evidenced by their willingness to make Rwanda their first large-scale investment in Africa.”

Lord Irvine Laidlaw, Chairman at HGHL, said “This is perhaps the most interesting and exciting project that I have undertaken, inclusive of our recent offshore wind farms in the North Sea, in Germany.” He continued, “We will be producing electricity by utilizing a unique renewable resource, methane from the bottom of Lake Kivu.  Delivering this will be a challenge I look forward to.”  “Even more important, we are generating power for one of the fastest growing countries in Africa, so we’ll be making a major contribution to its continued growth.  As with all my colleagues I am proud to be assisting Rwanda,” said Laidlaw.

The Chief Executive Officer of the Rwanda Development Board and a Member of President Kagame’s cabinet, Honorable Clare Akamanzi said, “This partnership is a really great example of a co-investment that will fuel our country’s sustainable development and our growth agenda. We are impressed and we are committed to support the investors and the project to attain Rwanda’s full potential in the energy sector.”

During the signing between Symbion Energy and Highland Group Holdings Ltd. (HGHL) of an agreement that sees HGHL co-invest $100 million towards the implementation of a $370 million, 106 megawatts of methane gas generated power on Rwanda’s Lake Kivu. L- R: USAID’s Acting Assistant Administrator for Africa Cheryl L. Anderson; Paul Hinks, CEO Symbion; Lord Irvine Laidlaw, Chairman at HGHL and Chief Executive Officer, Hon. Clare Akamanzi, Rwanda Development Board and a Member of President Kagame’s cabinet.

During the signing between Symbion Energy and Highland Group Holdings Ltd. (HGHL) of an agreement that sees HGHL co-invest $100 million towards the implementation of a $370 million, 106 megawatts of methane gas generated power on Rwanda’s Lake Kivu. L- R: USAID’s Acting Assistant Administrator for Africa Cheryl L. Anderson; Paul Hinks, CEO Symbion; Lord Irvine Laidlaw, Chairman at HGHL and Chief Executive Officer, Hon. Clare Akamanzi, Rwanda Development Board and a Member of President Kagame’s cabinet.

USAID’s Acting Assistant Administrator for Africa Cheryl L. Anderson joined Symbion at the signing, underscoring the continued partnership between Power Africa and Symbion and the importance of American companies in accelerating energy sector investment to bring power to millions of Rwandan households and businesses.

These two power projects will reduce the risk of gases that are trapped in the deep layers of the lake escaping and rising to the surface, endangering the surrounding communities.

Symbion is working closely with the government of Rwanda and its regulatory agencies to ensure that its Lake Kivu projects deliver affordable energy in an efficient and environmentally responsible manner.

Symbion Energy is a developer and investor in Independent Power Projects on the African continent.

Highland Group Holdings Ltd. is one of the investment vehicles owned by Lord Laidlaw of Rothiemay. Highland’s total assets are predominantly invested in liquid instruments and renewable energy projects. Highland has successfully invested in and developed the Deutsche Bucht (252MW) and Veja Mate (400MW) offshore wind energy projects in Germany.

 

0
Read More
CryptoMetalExchange© will usurp the dominant fraudulent paper schemes that are currently perpetrated on COMEX and LBMA
September 21, 2017 | 0 Comments
MetalZoom.Energy aims to disrupt this system by using open source Lynux Hyperledger Fabric blockchain to enable open bid auctions of Cryptocurrency for metal delivery
Marc Ward, Founder of MetalZoom.Energy

Marc Ward, Founder of MetalZoom.Energy

DENVER, United States of America, September 21, 2017/ — MetalZoom.Energy (the “Company”) (www.MetalZoom.energy) advises that it has embarked upon the creation of the world’s first Crypto Metal Exchange. The founder of MetalZoom.Energy Marc Ward tells us “Our Crypto-Metal Exchange will provide a platform for miners to auction physical metal to the global consumer without any interference. The blockchain technology ensures zero corruption and results in untampered supply and demand forces to play out transparently.”

Ward, a Data Scientist who scored a perfect 800 on the quantitative GRE wrote an algorithm that correctly predicted the next move of the Nasdaq 100 futures market 88% of the time, over 4,000 times each trading day.
Ward believes that our markets are rigged by algorithmic dictates causing the price of precious metals to be controlled. “I see it as a closed-loop algorithm that announces the prices continuously throughout the day across all futures markets and humans in brokerage firms reacting to the change in prices”. As it is a closed-loop no one can overwhelm this pricing mechanism.

MetalZoom.Energy aims to disrupt this system by using open source Linux Hyperledger Fabric blockchain to enable open bid auctions of Cryptocurrency for metal delivery. Ward explains that “the futures exchange settles in debt currency instead of metal delivery. We plan to disrupt this by having metal ready for delivery and enabling consumers and investors to bid for that metal delivery with Cryptocurrencies across a transparent yet private blockchain framework”.

There are other facets to MetalZoom.Energy including Crypto Metal Mining which will enable miners to initiate a mine to produce metal. Those who acquire these Metal Delivery contracts will fund the miners directly via smart contracts with Cryptocurrency payouts and expect delivery of the metal extracted by the miners via the MetalZoom delivery services.

MetalZoom.Energy is quickly gaining the support of industry leaders with endorsements from the likes of Bill Murphy, Chairman of GATA (Gold Ant-trust Action Committee), Craig Hemke (aka Turd Ferguson of TF Metals Report), Elijah Johnson of www.FinanceandLiberty.com, Cardwell Lynch of the C-Sigma Show, V of Rogue Money Radio, GManIV and SilverDoctors.

Ward is embarking on a tour to Africa where he aims to promote MetalZoom.Energy to the local crypto community and convince miners to offer their metal for auction on the Crypto Metal Exchange. Ward arrives in Johannesburg on 18 October 2017. He will be the keynote speaker at a business breakfast on Thursday 19 October 2017 being held at the Wanderers Golf Club in Sandton, hosted by Mail & Guardian, before moving onto Cape Town where he will be attending several events.

MetalZoom.Energy is the world’s first private energy firm and the first Cryptocurrency with an honor code. MetalZoom.Energy has created the private-partnership Crypto-Metal Exchange. A private platform where producers and end users can engage in trades based upon unfettered real value.
Web: www.MetalZoom.energy

0
Read More
SOUTH AFRICAN AIRWAYS VACATIONS® INTRODUCES ITS 2018 COLLECTION BROCHURE
September 21, 2017 | 0 Comments

Fort Lauderdale, FL (September 20, 2017) – South African Airways Vacations® (SAA Vacations®) launches its 2018 Collection brochure, featuring an expanded portfolio of affordable air-inclusive vacation packages to a variety of destinations throughout Southern and East Africa. The new 2018 brochure features a curated collection of the most popular value-packed vacation packages along with product information on South African Airways (SAA) and South African Airways Vacations®. Once again, SAA Vacations® is offering a digital version of the Collection brochure to make it easier and more efficient for both travel agents and consumers to explore options and book an African vacation of a lifetime.

For 2018, SAA Vacations® has introduced an array of 15 new hotels and safari lodges, nearly doubling their product offering to some of the most popular destinations throughout Africa. From trendy four and five star hotels in cosmopolitan cities like Johannesburg and Cape Town to luxury safari lodges, where guests can experience the “Big Five” wildlife, the enhancement of the SAA Vacations® portfolio greatly increases travelers’ options of affordable air-inclusive luxury packages to Africa.

“SAA Vacations® offers exciting and varied itineraries to both Southern Africa and East Africa that are fully customizable to cater to both luxury and budget travelers,” said Terry von Guilleaume, president of South African Airways Vacations®. “We are excited to partner with some of Africa’s best hotels and lodges to bring spectacular packages for 2018. And with air-inclusive packages starting at just $1899, travel to Africa is more affordable than ever.”

Highlights of the SAA Vacations® 2018 Collection include exceptional value on some of their most popular air-inclusive packages:

“Captivating Cape Town” This 5-night package is designed for those travelers who want to explore the beautiful city of Cape Town. Starting at $1,899* (restrictions apply) per person and includes five-nights in Cape Town with deluxe accommodations, full day Cape Peninsula tour, half day Cape Wine lands tour with wine tasting , Hop-on-Hop off bus pass and ground transfers.

“Wine and Safari” This vacation package begins with a three-night stay in Cape Town, a full-day tour of the Cape Peninsula and the Cape of Good Hope. Then off to South Africa’s wine region with a two-night stay in the historical town of Stellenbosch and a private Winelands tour. The experience continues with a safari and accommodations at Kapama River Lodge for a three-night stay near the world-famous Kruger National Park to enjoy morning and afternoon game drives to view Africa’s Big Five. The 8-night package starts at $4,399** (restrictions apply) per person.

“Introducing Ghana” Explore Accra with this 5-night package, starting at $2,999* (restrictions apply) per person and includes deluxe accommodations in Accra, Kumasi, and Cape Coast, full day tours, private vehicle transportation and ground transfers.

The South African Airways Vacations® 2018 Collection brochure is available online, click here or below. Travelers are encouraged to contact SAA Vacations’® Africa specialists at 1-855-FLY-SAAV or their professional travel consultant. For more information about our 2018 Collection visit: www.flysaavacations.com.

All advertised air-inclusive packages are commissionable and can be customized for both groups and individuals. Tailor made itineraries are our specialty and our team of Africa Specialists are standing by to assist you in creating a vacation of a lifetime.

0
Read More
Aliko Dangote at UN General Assembly in New York: “Africa will become the food basket of the world” ; “Five of the twelve million jobs needed in Africa soon must be created in Nigeria”; “We should pray that oil prices remain low”
September 21, 2017 | 0 Comments
Founder and Chief Executive of Dangote Group Aliko Dangote

Founder and Chief Executive of Dangote Group Aliko Dangote

NEW YORK, United States of America, September 20, 2017/ — Nigerian business leader Aliko Dangote told investors “Agriculture, agriculture, agriculture. Africa will become the food basket of the world.”

In a packed room at the headquarters of global law firm Shearman and Sterling LLC  high level business leaders and international diplomats invited by the Corporate Council for Africa to hear Africa’s richest man, Aliko Dangote, and Rwandan president Paul Kagame openly converse on Africa’s opportunities and challenges.

Both leaders underscored the ongoing movement to diversify African economies. In the case of  Nigeria, Africa’s largest economy, Dangote stated “we should pray that oil prices remain low. This helps wean us off the dependency on revenues from petroleum. We must take oil to be the icing on the cake. We already have the cake,” he added.

In addition to agriculture Dangote cited Nigeria’s vast mineral resources and gas as well and the need to manufacture more goods locally for domestic consumption. Both he and President Kagame cited continued need for heavy investments in education and connected the need for young people to be well trained for the jobs of tomorrow.

Dangote predicted that “five of the twelve million jobs needed in Africa soon must be created in Nigeria.”

Dangote’s fortune which stems from cement, sugar, and other household commodities has expanded into fertilizer and other processed high-value goods. “Technology of course helps us a lot and our factories are state of the art with the use of robotics but we shouldn’t be overly tech oriented to create wealth,” he told investors.

Mr. Dangote who is often cited as one of the most inspiring business leaders in the world today and a model for young entrepreneurs offered advice to Americans who tend to rely on outdated news and wrong perceptions of Africa, “Don’t be lazy. Go there and find the real story for yourself. Things have changed.”

 

Dangote noted the Rwanda success story where he has business interests as an example of positive change, good governance and leadership, and where corruption has been cured. He cited a personal experience of offering a $100 US tip for services at the Kigali Airport to staff who refused to take money for work they were paid to do. President Kagame was praised for delivering the environment for growth he promised. “There is nothing African about corruption,” the Rwandan president added.

The session was moderated by Rosa Whitaker, former US Trade Representative and author of the AGOA (African Growth Opportunity Act), whose business consultancy is credited for helping both African governments and US companies develop commerce.

0
Read More
Launching of the new edition of Digital Africa, an innovation competition to take up the challenge of digital transition in Africa
September 21, 2017 | 0 Comments
Deadline for startups to submit their projects on DigitalAfrica.AFD.fr is the 22nd of October
PARIS, France, September 20, 2017/ — For the 40th birthday of Proparco, the subsidiary of the Agence Française de Développement (AFD, French Development Agency) (www.AFD.fr) focused on private sector, AFD, Bpifrance (www.Bpifrance.fr) and the La French Tech (www.LaFrenchTech.com) have launched on 19 September the second edition of Digital Africa, a startup competition and digital innovation to support sustainable development in Africa. The first edition of the Digital Africa challenge, launched in October 2016, received more than 500 applications and rewarded 10 start-ups which convinced the judging panel on the potential impact of their innovation. Building on this success, AFD, Bpifrance and La French Tech have decided to renew the experience with the objective of offering a long-term support to the emergence of mature and solid digital ecosystems, catalysers of new economic opportunities.

Digital technology, a great accelerator of Africa’s development 

Digital revolution is transforming the African continent. It’s an innovative catalyst that revolutionizes economies and societies. Ecology, energy, culture, education, artistic creation, governance, and media: digital technology has a transversal and multiplying impact in all those key sectors.

“Digital innovation is abundant in Africa. Africans are making a technological leap that accelerates the emergence of the continent. Through Digital Africa, AFD supports emblematic start-ups of the digital African ecosystems, and fulfils its mission of development in the service of education and innovation, in the digital age. Development is now moving in both directions, between the two shores of the Mediterranean” – Rémy Rioux, AFD Executive Director.

Nicolas Dufourcq, Bpifrance Executive Director claims “We are proud to participate in the Digital Africa challenge and to support 5 French start-ups in their development on the African continent which nowadays offers great opportunities. This challenge represents a straight continuation of our action for the internalization of enterprises and their cooperation with the African continent”.

Innovation in Africa is showing extraordinary development, ecosystems are being structured, and start-ups are spreading across the continent. By promoting the links between French and African entrepreneurs today, our ecosystems are building a common future. Digital Africa is for French Tech an additional step to bring this ambition with Africa”, David Monteau, La French Tech Director, Ministry of Economy and Finance.

A fully customized program 

All the startup winners of this second edition of the Digital Africa challenge will benefit from a high visibility and access an international network of partners, clients and investors. They will be part of a community that gathers the best talents of digital innovation in Africa and for Africa, in order to share experiences and good practices.

The 5 African winning startups will be accompanied by the AFD through an “acceleration pack”, a customizable, technical and financial support up to a 30.000 euros value.

The 5 French winning startups will be accompanied by Bpifrance up to a 10.000 euros value support pack to strengthen their expertise and develop new opportunities on the African continent: Bpifrance Université training, networking and discovery trip to Abidjan and Cape Town with the French entrepreneurs community in the French Tech Hubs.

“For a young startup, Digital Africa offers a great opportunity to gain a continental and international visibility.” – Dieu-Donné Okalas Ossami, E-Tumba, winning startup of the first edition of Digital Africa.

What are the selection criteria? 

For the second edition of Digital Africa, startups are invited to propose innovative projects linked to the following themes:

  • Territory (urban challenge, rural transformation, and Smart City etc.)
  • Citizenship (e-government, civic engagement, activism, and alternative media etc.)
  • Knowledge and creativity (education, formation, creative and cultural industries etc.)
  • Environment and climate (green tech, clean tech, sustainable transportations, blue economy, and renewable energies etc.)

The relevance of the solutions proposed, their feasibility, sustainability and potential impact will be key criteria in the selection process divided in several steps:

  • An extensive analysis of the projects, of their innovative nature and of their business model;
  • A review of the pre-selected projects by AFD and Bpifrance experts;
  • A final selection by a jury composed by experts of the technological and entrepreneurial ecosystem in Africa.

Jury:

  • Pauline Mujawamariya, Director of the Innovation Prize for Africa – African Innovation Foundation;
  • Tidjane Deme, General Partner of Partech Venture;
  • Emeka Okofore, TED Global, for Africa;
  • Aissatou Sow, Director of Development in Africa, Intel Corporation;
  • Erick Young, CEO Greentec Capital Partners.

Agence Française de Développement (www.AFD.fr), a public financial institution that implements the policy defined by the French Government, has been working for more than seventy-five years to combat poverty and promote sustainable development.
AFD operates on four continents via a network of 75 offices and finances and supports projects that improve living conditions for populations, boost a sustainable and inclusive economic growth, protect the planet and participate in the stabilization of fragile states and post-conflict situations.
In order to include the new digital concerns for development in its opportunities as well as in its challenges, AFD has set as a main objective to accompany the transformation of African economies and the promotion of human development through the stimulation of digital innovation.

Bpifrance (www.Bpifrance.com) finances businesses from the seed phase to transfer to stock exchange listing, through loans, guarantees and equity. Bpifrance accompanies firms in their innovation projects on an international scale and in their export activities through a wide range of products. The support offered to entrepreneurs also includes consultancy, university, networking opportunities and accelerating programme for startups, SME and middle-market companies.
Thanks to Bpifrance and its 48 regional branches, entrepreneurs benefit from a close, unique and efficient support to accompany them to overcome challenges.
La French Tech (www.LaFrenchTech.com) is the collective name for all those working in the French startup market. It is also an innovative public initiative in the service of this collective. For some years now, French Tech have as a group shown incredible dynamism, driven by a new generation of entrepreneurs, investors, engineers, designers, and other talented people. The French Tech mission is the team that coordinates within the Ministry of Economy and Finance the deployment of the actions of the French Tech initiative launched in November 2013 by the government and structured around 3 axes: federating the ecosystem of startups French, accelerate the growth of startups and spread French Tech internationally. The founding partners of the Initiative are: General Direction of Enterprises, General Direction of the Treasury, Ministry of Foreign Affairs, Caisse des Dépôts, Bpifrance, Business France, Commissariat Général pour l’Investissement.

0
Read More
The Jim Ovia Foundation Pledges $2 Million to the Africa-America Institute to Support Higher Education
September 21, 2017 | 0 Comments
Jim Ovia

Jim Ovia

New York- 21 September, 2017- Mr. Jim Ovia, Founding Chairman of Zenith Bank, announced the establishment of a new scholarship program, The Jim Ovia Foundation Leaders Scholarship Fund, in partnership with the Africa-America Institute (AAI). The two million dollar pledge will finance four-year degree programs for high-achieving African students to attend world-class institutions around the globe. The announcement came during the 33rd Annual AAI Awards Gala.

“The Jim Ovia Foundation Leaders Fund is designed to be a definitive platform that will have an exponential impact in creating a better, brighter future for young Africans. With AAI’s 65-year tenure administering scholarship and deploying development capital for transformative results, we are honored to work together with the Mr. Ovia and his team,” Mr. Kofi Appenteng, CEO and President of the AAI stated.
“I have always been deeply committed to transforming Higher Education in Africa. We need to collectively empower young people and create a network of future leaders and game changers that can propel our continent forward. This fund, and this partnership with AAI are part of my continued dedication,” Mr. Ovia said following the announcement of the new scholarship.
The scholarship program follows a long-standing commitment from the Jim Ovia Foundation in investing in the youth and excellence in education. In partnership with the Africa America Institute, scholarships under the Fund will become available at the beginning of 2018. This marks a seminal moment for AAI with its rich tradition of building leaders in various sectors across the continent, and for Zenith Bank as it continues its global expansion.
Jim Ovia Leaders Scholarship Fund will expand access to education by providing scholarships to young and talented Africans who are under-resourced, from marginalized communities and those who would be the first in their family to attend university. The Fund is an important initiative that will leave a lasting impact on the next generation of Africans.
 Headquartered in Lagos, Nigeria, Zenith Bank Plc has over 500 branches and business offices in prime commercial centers in all states of the federation and the Federal Capital Territory (FCT). In March 2007, Zenith Bank was licensed by the Financial Services Authority (FSA) of the United Kingdom to establish Zenith Bank (UK) Ltd. as the UK subsidiary of Zenith Bank Plc.
Founded in 1953, The Africa-America Institute (AAI) is a premier U.S.-based international organization dedicated to strengthening human capacity of Africans and promoting the continent’s development through higher education and skills training, convening activities, program implementation and management. Our primary model is that we identify capacity-building projects and coordinate the programmatic, financial administration and evaluation necessary to deliver high-impact results
0
Read More
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
0
Read More
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.
0
Read More
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)

0
Read More
1 79 80 81 82 83 87