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US expresses ‘strong concern’ over recent attack in Mozambique
November 28, 2020 | 0 Comments

By Jorge Joaquim

The United States on Friday expressed its “strong concern” regarding the attack on a minibus in Manica Province that injured three employees, one of them seriously.

The victims were employees of an organization that works with the U.S. Agency for International Development as part of the President’s Emergency Plan for AIDS Relief.

They were taken to the Dombe health clinic, but the driver underwent surgery at the Chimoio Provincial Hospital, due to the seriousness of his injuries. He is now awaiting a medical decision for transfer to Maputo Central Hospital.

“The Embassy of the United States of America expresses its strong concern regarding the apparent attack (…) and sends its wishes for a quick recovery to the injured” it said in a statement in which “recognizes the necessary and critical work done by all health workers in Mozambique.”

The victims were passing the village of Seventine when it was machine-gunned. Mozambican police attributed the attack to the Renamo Military Junta.

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Former Rwandan PM gets three years in jail
November 28, 2020 | 0 Comments

By Maniraguha Ferdinand

A Kigali based court has on Friday 27th November handed three years of jail former Prime minister Dr Habumuremyi Pierre Damien after being convicted with issuing bounced cheques.

In courtroom full of Habumuremyi’s family members, the presiding judge decided that Habumuremyi be punished with three year’s behind bars, and a fine of about 800 million Rwandan francs (about $900 000). His co accused Serutashya Charles was declared innocent on the same charge.

Prosecution has been accusing former premier to have  issued bounced cheques totalling to about Rwf170 million( approximately $170 000) to different people on behalf his Christian University of Rwanda.

Dr Habumuremyi who was Prime Minister from 2011 to 2014,  was arrested in July 2020.

Christian University which was founded in 2017, has been in the news recently, with staff decrying to spend months without salaries, which paralyzed teaching at the university.

It led to the total closure by the Ministry of education later due to financial crisis and low quality of education.

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Lafarge-Holcim A Profit Business Cement Manufacturer Turns Humanitarian- Non-Profit- ‘’Declaring Climate-Change now a Climate-Crisis’’
November 28, 2020 | 0 Comments

By Nevson Mpofu

A leading cement manufacturer has drawn two pathway lines besides profit making business diving deep into Humanitarian work in Zimbabwe. This has been confirmed through a learning exercise and process that will remain sustainable for Journalists who do sustainability reporting.

The whole day sustainable reporting journalists’ workshop was conducted on 27 November at a local hotel in Harare. It was attended by 20 Journalists and 10 Practical Action civil society organization and Lafarge-Holcim personnel.

Tsungai Manyeza Lafarge-Holcim Head of Communications has made strong back-up since time reflected with positive results. She has trained a big number of Journalists on Environmental issues. This time it extends to sustainability reporting. On top of that work, she has taken Journalists for a number of tours at their cement manufacturing plant in Harare.

Sustainable Energy Projects for Community Development and the Legal frame-work in Zimbabwe among other presentations attracted attention of journalists who have to report on renewable energy issues on ground following certain regulations to capture International standards. One such example of smart, efficient and reliable energy is solar which has taken shape in many urban and rural communities.

Climate Change and Sustainable Business takes focus to look at issues of combatting green house gases that cause climate change. In a changing World the Green Revolution looks ahead to combat climate change through new ways of mitigation and adaptation.

Taking a fascination of the whole snap-up of the program the idea that its no-longer climate change but climate-crisis takes a snap into the gleam of the future to address climate changing patterns through tools that addresses a crisis.

‘’We no-longer want to call this climate-change. Let us talk about climate-crisis because this turns to be continuous. We have it affecting us on a daily basis. We have to live with it through mitigation and adaptation.’’

Dr Maria Ross of Practical Action, Agriculture Systems and Innovation Leader puts it straight that their organization looks at Agro-Ecology because of its efficiency in terms of use of natural resources.

‘’Our thrust lies on increase in food-security so that we address sustainable and responsible food consumption. This is addressed through sustainable and profitable land use in the country. That is the reason why we talk of Agro-Ecology’’.

‘’Communities must remain sustainable by coming up with proper management of their natural resources, like water and land management. Our role then comes as coming up with solutions to what needs solutions remaining as a challenge and hinderance to sustainable Agriculture.’’

‘’Solutions to fragile systems comes with the fact that we see challenges in terms of sustainable water management, food and some other resources. We now mainly rely on under-ground water, therefore we need to take note of good management of water and natural resources’’.

Humanitarian Work and Corporate Social Responsibility ..

Sustainability reporting comes as an interesting area of focus for Journalists. There is wide need to report on real issues affecting communities. It is clear that its all about climate change that comes with disasters like floods that results in drought and hunger.

Communications Expert Tsungai Manyeza joined again at end of the program inspiring Journalists to take sustainability reporting as daily business looking at what affects us today affects the future.

‘’We have Four pillars Education, Environment, Empowerment and Healthy and Safety. We empower a total of 500 students who pursue their education. This is the 1st key area that has come with positive close results on the ground.

‘’Under Empowerment we invest in supporting girls in terms of Reproductive Health. Empower them to have better choices in life. We do capacity building on sexual reproductive health rights. Our business is just not profit; it is non-profit for the sake of our human environment.’’

‘’ Our work with partners brings us to participate in saving communities that need support. Our involvement in community development matters most if we care for those who need to be involved. Its all about thinking of the future as we move towards sustainable business guided by sustainability reporting of real value and importance. ‘’

‘’There are programs related to health and safety management looking at how we can avoid accidents, disasters that harm young people. On top of that we have trained 200 young people in Conservation Farming programs working with Practical Action’’

‘’Above all in terms of community development we support recycling programs. These have benefitted communities surrounding us. Parents, especially single mothers have managed to send their children to school’’.

The training brought an inculcation of new skills in reporting sustainable development. Other areas of focus looked at sustainable urban expansion and wetlands preservation. The other area, sustainable solid waste management-the challenges and opportunities.

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Nigeria:PIN Sends FoI Request to NCC on Blocked #EndSARS Websites
November 28, 2020 | 0 Comments

Abuja, Nigeria. November 27, 2020.


Paradigm Initiative is seriously concerned over the alleged secret blocking of the domain names of #EndSARS related websites by the Nigerian government. Websites related to the campaign have been inaccessible as reported by many citizens and from independent checks carried out by Paradigm Initiative. These attempts are an unacceptable violation of constitutionally and globally guaranteed rights of freedom of expression and access to information.

In a similar development that occurred in October 2017, we monitored and challenged the Nigerian government’s censorship directive through the Nigerian Communications Commission (NCC), an agency which is supposedly independent. The NCC must not continue to offer itself to be used by the Federal Government under any guise to intimidate citizens who engage in legitimate protests and exercise their digital rights by leveraging digital platforms for the protest.

According to Paradigm Initiative’s Senior Program Manager, Adeboye Adegoke, “Section 39 of the Constitution of the Federal Republic of Nigeria expressly provides that every person shall be entitled to freedom of expression, including the freedom to hold opinions and to receive and impart ideas and information without interference. Article 19 of the Universal Declaration of Human Rights provides similarly that everyone shall have the right to freedom of expression. This right shall include freedom to seek, receive and impart information and ideas of all kinds, regardless of frontiers, either orally, in writing or in print, in the form of art, or through any other media of his choice”

While commenting on the development, ‘Gbenga Sesan, Executive Director of Paradigm Initiative says that “Paradigm Initiative has sent a Freedom of Information request to the NCC to answer key questions such as who ordered the recent blocking of websites, the reason for the blocking, disruption, or restriction on these websites. We want to know under which legal provision this is being carried out and if the NCC authorised the blocking, disruption, or restriction of these websites. We also need to know if the owners of the websites were informed that their websites will be blocked, and if they were given an opportunity for a fair hearing. Another question that must be answered is: Did the NCC act independently or was it acting on behalf of other government institutions?”

Mr. Sesan further stated that “in a country with increasingly closed civic spaces and one that must do more work to protect freedom of expression and press freedom, a dangerous precedent could be set if the NCC continues to carry out the restriction of access to websites that are critical of government or that support citizens’ right to contribute to our democracy.”

While speaking further on the development, Senior Program Manager at PIN, Adeboye Adegoke, said that “the right to receive information and the right to give information is expressly codified in legal instruments recognised in Nigeria, so it would be sheer defiance by the NCC to attempt to make a derogation in such a manner.”

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Tanzania: African Development Bank approves $120 million loan to build Malagarasi Hydropower Project
November 27, 2020 | 0 Comments

The Board of Directors of the African Development Bank have approved a $120 million loan to fund the construction of a 50 MW hydropower plant in Western Tanzania that will provide reliable renewable energy to households, schools, clinics and small and medium-sized enterprises in the Kigoma Region.

The Malagarasi Hydropower project has several components: a run-of-the-river hydropower plant facility; a 54- km, 132 kV transmission line that will connect to Tanzania’s national grid; a distribution network expansion operation that includes rural electrification and last-mile connections; project management and contract administration support; and compensation and resettlement of affected persons.

Bank President Adesina Akinwumi noted that the approval of the project “is a reflection of the Bank’s commitment to assist the Government of the United Republic of Tanzania to accelerate its transition to more inclusive and sustainable growth through the production of clean, reliable and affordable electricity.”

The project’s overall project cost is estimated at $144.14 million.  The bulk of the funding ($120 million) will be sourced from the Bank Group’s sovereign window, with an additional $20 million contributed by the Africa Growing Together Fund –  a co-financing fund with resources from the government of the People’s Republic of China that is administered by the Bank. The Government of Tanzania will provide the remaining $4.14 million.

The hydropower plant’s expected average annual output of 181 GWh will meet the electricity needs of as many as 133,649 Kigoma households, bringing the region’s electrification rate more closely in line with the rest of the country.

The project is expected to create about 700 jobs during construction, cut the region’s electricity generation costs to approximately $0.04/kWh from the current $0.33/kWh, and also reduce reliance on greenhouse gas-emitting fossil fuels. The cost of doing business will also fall because industry will no longer need to maintain costly back-up generators.

The project aligns with Tanzania’s national Development Vision 2025 and its Second Five-Year Development Plan (2016/17 – 2020/21) and complements other regional initiatives, including the North West Grid 400 kV Nyakanazi-Kigoma transmission line project, which the Bank is financing in parallel with the South Korea Economic Development Co-operation Fund.

The Malagarasi Project will also directly contribute to the Bank’s Light Up & Power Africa High-5 development priority, which is being implemented through the institution’s New Deal on Energy for Africa strategy. 

Commenting on the Board’s approval, Henry Batchi Baldeh, Director of the Bank’s Power Systems Development Department noted that the project is “one of the flagship physical infrastructure investments in the Government of the Tanzania’s Development Vision 2025 and Tanzania’s current Five-Year Development Plan, and that it will increase the share of renewable energy in Tanzania’s energy mix.”

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Put small-scale traders at the heart of efforts to accelerate trade and investment in Africa post COVID-19
November 27, 2020 | 0 Comments

The AfCFTA will not in one dramatic swoop alter existing commercial and economic realities on a vast scale, but its implementation could lead the recovery efforts from the COVID-19 crisis – Solomon Quaynor, VP African Development Bank

Industry experts meeting this week for a virtual discussion focused on resetting, retooling and restarting regional integration in Africa in the wake of the COVID-19 pandemic, underscored the importance of putting small scale traders at the heart of any initiatives.

The joint webinar, organized on Tuesday by  the African Development Bank and Korea Customs Service(KCS), looked at service sectors, e-commerce, digital platforms and value chain development as critical factors for accelerating trade and investment in Africa against the backdrop of the global pandemic. The webinar was delivered in three sessions, moderated by Stephen Karangizi, Director, African Legal Support Facility; Dr. Stephen Karingi, Director at Regional Integration and Trade Division of UNECA and Acha Leke, Senior Partner at McKinsey

History has demonstrated the success of countries and businesses that seize new opportunities during times of crisis, said Sukhwan Roh, Commissioner of the Korea Customs Service. “The COVID-19 pandemic has completely changed health and livelihoods of individuals across  the world in less than a year,” he said. “Korea wishes to share all the achievements in system enhancement utilizing new technologies with African countries.”

The workshop’s audience heard how regional integration is increasingly central to the continent’s future economic prospects and to attracting foreign direct investment. The African Continental Free Trade Agreement, (AfCFTA),  already ratified by 30 countries, is expected to come into effect on 1 January, 2021. Uniting all 55 member states of the African Union, the pact will create a market of more than 1.2 billion people, including a growing middle class, and a combined gross domestic product (GDP) of over $3.4 trillion

COVID-19 has deepened pre-existing trade frictions within the continent yet offers  important growth  opportunities and great stories of innovation and highlights the importance of protecting Africa’s place in local value chains, said Anabel Gonzalez, Senior Fellow, Peterson Institute for International Economics, with the need to “put small scale traders at the heart of the effort.”  She urged governments to strengthen national agencies to provide support to small traders.

“AfCFTA creates a new trade and integration reality…integrating unequal partners across the continent,” said Trudi Hartzenberg Executive Director of the Trade Law Center (TRALAC). Trade facilitation  enjoys specific focus within the AfCFTA, with digital, e-payments, and e-commerce particularly important, she added, citing a 2020 WTO report that emphasized education and healthcare as fundamental to industrialization.

From the outset, the African Development Bank has lent strong support to the AfCFTA, financing the set-up of its secretariat as well as supporting  member countries with technical assistance to  comply with  a range of AfCFTA regulations, said Bank Vice President, Infrastructure, Private Sector & Industrialization, Solomon Quaynor in his introductory remarks read by Abdu Mukhtar, Bank Director, Industrial and Trade Development Department.

Still, Quaynor warned, post-crisis recovery efforts are likely to be slow.  “The AfCFTA will not in one dramatic swoop alter existing commercial and economic realities on a vast scale. However, through strategic measures and the right investments, policy frameworks and political backing, intra-African trade will be enhanced.“

African countries innovate to enhance local value chains

Presentations provided examples from Ghana and Zambia of strategies the private sector can adopt to leverage the AfCFTA within the context of the pandemic.

Ghana previously imported most of its Personal Protective Equipment or PPE, but, since the pandemic, the government galvanized 14 local garment firms to manufacture PPE. These firms now produce 1,000 items daily,  according to Ghana’s deputy trade minister, Robert Ahomka Lindsay. The development has created 10,000 jobs.

“ Traditional value chains have been challenged… it made us realise that we cannot rely on those value chains,” Lindsay said.

Some of the worst-affected sectors in Africa such as tourism, aviation and education, had shown resilience, for example, in the food industry, which harnessed e-commerce for marketing during the pandemic, noted Kenneth Baghamunda, Dir. General, Customs and Trade, East African Community Secretariat. Zambia’s success with cashless payment solutions at its border and other innovations since COVID-19 was another example of favourable results.

“We need to see which value chains need to be developed and we need to interconnect our policies with the right institutional framework,” he said.

*AfDB

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Youssou N’Dour, Graca Machel, Akinwumi Adesina discuss building back better after COVID-19 at Civil Society Forum
November 26, 2020 | 0 Comments

  • Harness civil society’s “incredible potential to accelerate social change at scale” – Graça Machel
  • “Africa’s time is now. This should not only be words or prayers. It is within reach. I’m sure (the African Development Bank) will be able to meet this challenge” – Youssou N’Dour
  • “We will work much harder, collectively and in unison, to accelerate the impact of our work” – Akinwumi Adesina

Artists should be on the frontline of Africa’s development, given their pivotal role as communicators, Youssou N’Dour, musician, businessman and former Culture and Tourism Minister of Senegal, said at the opening of the 2020 African Development Bank Civil Society Forum.

The two-day CSO Forum kicked off on Thursday under the theme “Engaging Civil Society in building back better after COVID-19”.

The virtual event opened with remarks from senior Bank officials, including Wambui Gichuri, Acting Vice President for Agriculture, Human and Social Development, Vanessa Moungar, Director for Gender, Women and Civil Society, and President Akinwumi Adesina, with Graça Machel, Chair of the Graça Machel Trust, representing the civil society.

Adesina later engaged in a conversation with Machel and N’Dour.

“The role of civil society in monitoring interventions is crucial and important to ensure they are effectively deployed to reach the poor and vulnerable, who are most affected,” Adesina said, adding that the Bank would step up its efforts in the area.

Adesina said the critical issue was not the amount of funds that are provided by the Bank and others, but who they reach, adding that transparency and accountability are also critical.

Machel noted the Bank’s strong track record of working with governments and the private sector. She appealed for increased Bank funding to directly support civil society efforts to address the impact of the pandemic on the most vulnerable and hard-to-reach families in our societies.

“These organisations stepped up, often with limited resources and in very dangerous conditions, to save lives and restore dignity to communities in the midst of this pandemic,” she said. “Resources for organisations working with women, children and those living with disabilities and in the rural areas are desperately needed.”

Machel noted that channeling resources to strengthen the civil society sector as it responds to the challenges that COVID-19 has unearthed, would harness their “incredible potential to accelerate social change at scale”. Supporting women in particular would help to reap long-term dividends, she said.

For N’Dour, artists should be on the frontline of Africa’s development, given their pivotal role as communicators.

“Even in a place where there is oil, if there is no culture to explain this to the people, there is war…We should be able to say after (President Adesina’s) term that culture has been involved in the development of Africa,” he said, speaking in French via an interpreter.

“Culture is profitable and I’m available to provide my assistance, to work with my staff to create other champions in Africa, to take the African Development Bank’s work to another level,” N’Dour said.

The forum will explore cost-effective strategies and reflect on best practices to enhance collaboration between the Bank and civil society, in response to the COVID-19 pandemic.

The second day of the forum will be dedicated to sessions led by civil society organizations, which will provide a space to develop innovative grassroots ideas.

*AfDB

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AFRAA’s 52nd AGA Maps Way for a New Era for the Air Transport Industry in Africa
November 26, 2020 | 0 Comments

Nairobi, Kenya – 10th November, 2020: The African Airlines Association (AFRAA) concluded its 52nd Annual General Assembly today with a rallying call for airlines to take specific measures to build resilience and emerge stronger after the crisis. The Assembly further called for a multi-sectorial and pragmatic approach by governments and stakeholders to support the recovery of air transport industry and interrelated sectors such as tourism.

The AGA, which was hosted by TAAG Angola Airlines, was held in virtual format under the theme: “Redefining Air Transport for a New Era”. The Assembly brought together top African airline CEO’s, industry partners, leaders of international and regional air transport associations including the African union, IATA, ICAO, AFCAC, TIACA and more than 400 delegates from 76 nationalities across the globe.

Speaking as Chief Guest; His Excellency, the Transport Minister of the Republic of Angola Mr. Ricardo de Abreu said:” We are conscious of the enabling role that aviation plays in facilitating trade and growing our economies. As we collectively navigate these times, we will seek to emerge from this pandemic more resilient, organized and determined to succeed”

In a comprehensive analysis of the industry’s outlook for 2021 and beyond that was presented in AFRAA’s annual report it was noted that recovery of traffic in Africa is expected to start with domestic markets. Intra-African routes are projected to follow suit, while international traffic is expected to take more time to reach pre-crisis levels due to a challenging operating environment.

Mr. Abdérahmane Berthé, AFRAA’s Secretary General, remarked “This is a pivotal moment in our history as we aim to reposition the African air transport market towards recovery and sustainability. Now more than ever, operational challenges faced by African Airlines have to be prioritized and addressed, especially the high taxes and charges that hinder the growth and recovery of carriers on the continent. On our part as AFRAA, we tackled the crisis by resolutely pivoting our strategic and tactical resources to support recovery efforts. We have launched an interactive capacity sharing portal to provide access to market-leading services to African airlines, and developed a recovery plan revolving around 9 pillars of interest to the sector and a comprehensive strategic plan that is geared towards helping the industry meet its aspirations.”

During the Assembly, key stakeholders emphasized the importance of coordinated efforts and a collaborative approach as a way to secure business continuity. An appeal was made to governments and development financial institutions to continue supporting the industry as a means to secure the continent’s social and economic recovery given the sector’s strategic contribution to national GDP.

TAAG Angola Chief Executive Officer Mr. Rui Carreira said: “Our strategic deliberations at this 52nd AGA have set the foundation for the recovery and successful restart of our industry. Although we foresee a slow recovery, we are currently implementing key measures that will restore passenger confidence and optimize our operations for a more affordable and successful industry.”

This year’s summit saw the expansion of AFRAA’s fraternity with two new members including: Overland Airways Limited and Syphax Airways; bringing  the association’s membership to 47 African airlines. Similarly, De Havilland Canada, PRODIGY Avia Solutions Limited and South African Tourism joined the Associations’ partnership programme which serves as a forum for industry-related organizations to support the development of air transport in Africa.

The 52nd AFRAA AGA re-elected Mr. Rui CarreiraPresident of the Association for the year 2021. Mr. Desire Bantu Balazire, Chief Executive of Congo Airways was elected Chairman of the Executive Committee. Ms.Yvonne Makolo Chief Executive of RwandAir was elected 1st Vice Chairperson of the Executive Committee while Ms Amal Mint Maouloud, CEO of Mauritania Airlines was elected 2nd Vice Chairperson for the year 2021.

About AFRAA

The African Airlines Association, also known by its acronym AFRAA, is a trade association of airlines from the member states of the African Union (AU). Founded in Accra, Ghana, in April 1968, and headquartered in Nairobi, Kenya, AFRAA’s mission is to promote, serve African Airlines and champion Africa’s aviation industry. The Association envisions a sustainable, interconnected and affordable Air Transport industry in Africa where African Airlines become key players and drivers to African economic development.

AFRAA membership of 47 airlines cuts across the entire continent and includes all the major intercontinental African operators. The Association members represent over 85% of total international traffic carried by African airlines.

About TAAG Angola

TAAG Angola Airlines S.A (Portuguese: TAAG Linhas Aéreas de Angola S.A.) is the state-owned airline and flag carrier of Angola. Based in Luanda, the airline operates a mixed fleet of Boeing and Havilland Dash 8 Q400 on domestic services within Angola, medium-haul services in Africa and long-haul services to Brazil, Cuba, and Portugal. The airline was originally set up by the government as DTA – Divisão dos Transportes Aéreos in 1938, rechristened TAAG Angola Airlines in 1973, and gained flag carrier status in 1975. TAAG is currently a member of both the African Airlines Association and the International Air Transport Association. The airline has commercial partnerships with Kenya Airways, South African Airways, LAM, Royal Air Maroc, Air France, KLM and Lufthansa and Brussels Airlines.

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African industrialist launches million-dollar venture capital fund for African entrepreneurs
November 26, 2020 | 0 Comments

By Wallace Mawire

African industrialist Adam Molai
African industrialist Adam Molai

African industrialist Adam Molai has launched a $1-million fund to provide entrepreneurs with capital to kickstart or expand their enterprises, in a massive boost for start-up businesses in Africa,it has been revealed.

 The JUA [sunrise in KiSwahili] Kickstarter Fund will provide successful applicants with funds – to launch or grow their businesses – as well as mentoring and guidance.

Entrepreneurs from across Africa are invited to apply.

The entire application process is electronic and funds are expected to be disbursed to successful applicants within 12 weeks of their shortlisting, in a first for Africa.

 It is reported that while SMMEs are indispensable for Africa’s economic recovery from Covid-19 devastation, raising start-up capital is one of the biggest challenges for entrepreneurs on the continent, with banks requiring collateral that most of them do not have, studies show.

Another big challenge is the absence of mentoring.

Molai, who has successfully started several enterprises across Africa and whose TRT Investments had $125-million of assets under management as of end 2019, says a desire to inspire the Continent’s entrepreneurial generation was behind the creation of the fund.

“Without entrepreneurs, economies cannot grow and countries cannot advance. But African entrepreneurs unfortunately do not get the support they need to thrive for a myriad of reasons. Yet Africa is full of enterprising people.

“Wherever there is adversity, there is opportunity. Africa is rife with adversity, wherever you turn business prospects are in abundance. Entrepreneurs provide solutions to societal challenges, whilst creating space for the advancement of their communities. I feel that Africa is so much more open and it is full of so much more opportunity than you would find elsewhere. I want to do everything in my power to ensure that this potential is cultivated and unleashed.”

Molai says the inspiration to create the JUA FUND was to highlight the importance of African businesspeople, tangibly demonstrating their confidence in the talent and entrepreneurial capacity that is within the Continent.

“When people see Africans investing in our own environment, they feel more confident to invest alongside us. Confidence breeds confidence. And I am nothing if not confident in the future of Africa and in what we can collectively achieve,” he says.

“For decades we’ve looked to governments to create a conducive environment for entrepreneurship to thrive in Africa. Governments alone will not achieve this without entrepreneurs also investing into creating more entrepreneurs. For true success, there is need for this symbiotic approach buttressed by supportive policies,” adds Molai.   

Molai says one of the critical differentiators of the fund will be how fast money is disbursed to successful applicants.

“Cash flow is essential to the survival of small and emerging businesses. Studies have shown that cash flow is one of the major reasons why small and emerging businesses fail within the first two to five years. So, we have committed to ensuring disbursement to successful applicants within 12 weeks,” he says.

Molai says he hopes the JUA FUND, as well as his and other successful entrepreneurs’ experiences, will inspire in young Africans the desire to start their own enterprises and not wait to seek out jobs.

“Unfortunately, too many young people today access opportunities to higher education, study for jobs, as youth unemployment continues to rise – producing a schooled, unskilled and unemployed generation. Others don’t pursue education or entrepreneurship because they think that becoming part of political patronage networks is an easier path to wealth.

“This attitude kills the inspiration, the desire to dream, create and build something out of very little resources or nothing. I believe this is one of the greatest threats to our continent’s economic growth ambitions, and I am hoping that the JUA FUND will play its part in transforming Africa’s entrepreneurial landscape,” says Molai.

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Emirates Airlines “still interested in flying to Mozambique”
November 26, 2020 | 0 Comments

By Jorge Joaquim

Emirates Airlines. one of the largest airlines in the world, remains interested in providing flights to Mozambique, the United Arab Emirates’ ambassador to Mozambique, Khalid Shohail, said in an interview with Notícias. 

Shohail said that Emirates should have been flying to the country since June, but restrictions to contain the spread of covid-19 had delayed the start of flights.

Emirates will fly from Dubai, via Maputo, to Gaborone in Botswana, and teams from the Mozambican government and the company are currently working to get the flights off the ground soon, the paper reported.

The go-ahead for Emirates flights to Maputo had been given after the company had completed a commercial viability study.

In recent years, several international airlines have expressed an interest in operating in Mozambique.

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AfDB to set up pan-African Private Equity Fund for Agriculture
November 26, 2020 | 0 Comments

By Jorge Joaquim

AFDB President Dr Akinwumi Adesina places great importance on agriculture

The African Development Bank is currently working with other partners to design a pan-African Private Equity Fund for Agriculture, FAFINA, the AfDB President Akinwumi Adesina revealed on Tuesday.

FAFINA – Fund for Agricultural Finance in Africa, should help African agricultural systems to become modern, integrated, and well-supported to achieve production and processing of food and agricultural products, and farm inputs, at scale.

Talking on Tuesday when he presented the keynote address during a virtual ceremony to mark the 10th Anniversary of the Sahel Capital, Adesina  said Africa should end being a supplier of raw materials by developing competitive national and regional agricultural value chains.

“Experiences from Sahel Capital on the FAFIN Fund will help as we now scale up interventions to support small and medium sized food and agribusiness companies across Africa,” he adding that agriculture is Africa’s number one comparative advantage and that transforming agriculture is the fastest way to create wealth and jobs in the continent.

“We must have chocolate factories, we must have garment and textile factories, dairy factories, and meat processing factories.

“The youth must be encouraged and supported to move into agriculture as a business to create greater value and wealth for the sector, driven by their innovations and business acumen” he said, “I am impressed with the large numbers of youth now moving into agriculture”.

The Bank has provided $406 million to support 23,000 young agripreneurs in 14 countries.

Just last week, the Bank supported $ 120,000 cash prize awards for dynamic youth-owned agribusinesses powering innovations across the agricultural value chains.

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Zimbabwe Shines as It Officially Launches 1st Nissan Electric Car .
November 26, 2020 | 0 Comments

By Nevson Mpofu Munhumutapa.

Zimbabwe Energy Regulatory Authority inspired by the need to keep the World Green for sustainable business all around officially launches for the 1st time a Nissan Leaf Electric car.  The event occurred on 26 November at a glamorous ground breaking event in Harare.

The occasion attended by Chief Engineers, Government officials, Captains of Motor Industry marked the launch of an electric car, a modern move to consummate global green World standards. The emerging technology lies on efficiency and reliability. This is towards a low carbon economy.

Energy and Power Development Minister Honorable Soda believes Zimbabwe is towards achievements of its targets in terms of sustainable development. The targets take look at reducing green- house gas emissions, use of clean energy for sustainable development.

‘’This is to promote and encourage the expansion and advancement of technology related to petroleum and electricity ‘’

‘’Our mandate is derived from three [3] legal statutes which are Energy Regulatory Authority Act of 2011, Petroleum Act 2006 and Electricity Act of 2002. It is there-fore time to celebrate dispensation of a pollution free Green World ‘’.

‘’Companies are encouraged to invest in electric vehicles in order to go green all the time. We move the e-vehicle, making it easy to manage on petroleum. It tells more about sustainability for future generations.

He notes that the future of e-vehicle technology is in the hands of everyone.’’ It talks to us about Zimbabwe becoming an upper-middle Income Economy by 2030.’’  He points out clearly that this is in line with President Mnangagwa’s 2030 vision.

‘’e-vehicle will change this World by addressing issues of climate-change and scarcity of fuel’’ , points it out Engineer  Eddington Mazmbani, Chief Executive Officer of ZERA [Zimbabwe Energy Regulatory Authority .

 ‘’Zero emissions from an efficient engine. This is marvelous to all of us as we save energy issues that remain a challenge in our everyday life. We are now in a new smart World of real sustainable development’’,

Consumers are set to receive the best of clean energy all around to save the earth on the effects of emissions of green-house gases. In order to take this for reality by the end of the day in future we propose these cars to be charged electricity at fuel service stations fed with solar energy and hydro-electricity.

‘’We are pushing for service stations to do the charging of electric energy at service stations. These must serve these electric cars using solar and hydro-power. It is not advisable to use Thermal energy. Off-course, using thermal power from Hwange Power Station is as good as defeating the purpose of using this kind of car because we will be using more and more of thermal power derived from coal. It burns more there at the main power station there-by causing more emissions.

‘’Secondly, we have to push for Government to make it a point that those who import such kind of cars into the country have duty free service at the boarders. This encourages more and more buyers. The car is just 30% more in terms of its price as compared to an ordinary vehicle of the same type which are not electrified.

‘’Technology is here to stay but it started long back in 1930. Thus, when solar powered vehicles were talked of but only that it was a time when cars were few, we had less challenges in line with transport at the same time the era of climate-change was not yet there.’’  Says ZERA Consumer Services Manager Engineer Nobert Mataruse .

Rwanda 1n 2019 launched a Volkswagen vehicle which was the 1st one in Africa. It is however noted clearly that some other countries have similar type of cars. The Nissan Car was bought from Development Power Africa subsidiary of ECONET a mobile Service provider.

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