Indo Africa Times, a weekly newspaper has its key intend to create extensive awareness amongst people about Africa and India concerning different sectors like economy, politics, culture, fashion, sports and many more. It is our sincere endeavor to bridge the information gap between Africa and India by endowing our readers with updated and latest developments occurring in both the countries.
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Volume 1 issue 13
1. www.indoafricatimes.com
MONDAY | APRIL 07, 2014 Title Code: DELENG18579 • VOL. 1 • NO. 13 • Page 12 • Price `10
pg 11
pg 04
pg 10
pg 02
Continued to page 03
Seychelles
getting ready
for International
Carnival
pg 03
Want Prosperity, Power and Patronage??
GO VOTE MALAWI:
The Warm
Heart of
Africa
Black Stars
want to do
better
P
ower is a complex thing, momentary and
intangible to a man in crowd, and nearly
enduring when in hand of a politician. Still,
for one day the “power’ will fit in to the Aam Admi,
the Mango People. We all will have the magical stick
and will be asked to make a selection.
In democracy, this temporary swing of power
is named –Elections. And the power itself is called
– Vote. Even though action of voting is an individual
choice, it is generally inclined by the noise in open-
air. So how does one make an objective choice?
Religion, Past, Future, Morals, Economy, Ideology
or should one simply be a coward and succumb to
temporary space of explanations?
When the world’s largest democracy goes to
the polls from April 7 to May 12 the logistics are
mind-boggling. Over 800 million voters will pick
their representatives for the national parliament in
the capital New Delhi.
In India, the general election will be
held in nine phases, the longest election
in the country's history, to create the
16th Lok Sabha in India. Voting will
take place in all 543 parliamentary
constituencies of India to elect
Members of Parliament in the Lok
Sabha. The upshot of this election
will be confirmed on 16 May, before
the 15th Lok Sabha finalises its
constitutional mandate on 31 May
2014.
As per the Election Commission
of India, the electoral strong suit in
2014 is 81.45 crores (814.5 million),
the prime in the world. There is an
escalation of 10 crores (100 million)
freshly entitled voters. This also will
be the extensive and the expensive
general election in the history of the
country with the Election Commission
of India appraising that the election will
cost the exchequer Rs 3,500 crores, exclusive
of the expenses incurred for security and individual
political parties.
The Election Commission is charged up for the
epic nine-phase exercise that has few parallels in
ASSOCHAM
welcomes
the
Diplomats
Swahili
Fashion
Week
heading to
Kenya
2. Wassupafrica02
K
enya will progressively
get another 280 MW to
feed the electricity starved
country, as the latest of the geo
thermal plants at Olkaria, located
at the foot of Mt. Longonot in the
Great African Rift Valley, started
coming on line over the weekend.
An initial 70 MW will be followed
by a further 70 MW in April, when
all the connections to the national
power grid have been completed
before the full production capacity
can then enter the national power
distribution network. For long has
Kenya depended on hydroelectric
power plants but the constant
cycle of drought and excess rains
has made power production
less reliable and when the water
levels in the dams dropped during
drought cycles, the country
suffered rolling blackouts.
Geothermal energy production
is one of the focal points to
increase power generation output
in Kenya and with additional sites
already identified, more such
plants will be commissioned over
the coming years, giving Kenyans
A
new report issued on
26 March by the African
Development Bank says
there are three main actions that
governments and the Bank can
take together to bring an end
to conflict in Africa and help to
strengthen the Continent’s fragile
sates. Speaking to an audience of
Bank staff present for the report’s
release, the Head of the Secretariat
to the High Level Panel for Fragile
States, Sunita Pitamber, said: “We
are at a point where some of the
countries affected by deep conflict
and crises are on a steady path of
The second day of 'door to door'
visit of tourism establishments
on Praslin Island by Minister
Alain St. Ange, the Seychelles
Minister responsible for Tourism
and Culture accompanied by
Anne Lafortune, the PS for
Tourism, Sherin Naiken, the
CEO of the Tourism Board, Rose
Mary Hoareau, the Director of
Marketing at the Tourism Board
and Sinha Levkovic, the Director
Standards and Regulations at the
Department of Tourism proved
to be interesting and opened
the needed dialogue on a one to
one basis instead of just general
meetings with hotel General
Managers.
This new approach was
started few days back where a
series of hotels, large and small
were visited Minister St. Ange
and his delegation visited Amitie
Chalets, Le Tropique Villa, Ocean
Jewels, Villa Aya, Villa Cocotier
Self-Catering, Loulou Bungalows,
Villa de Mer, La Modestie, Villas
des Alizes, Dhevatara Beach Hotel,
Residence Praslinoise, Indian
Ocean Lodge, Palm Beach Hotel
and Britannia Guest House.
Kenya gets more
green electricity
Seychelles says the 'door to door' visit
of tourism establishments on Praslin
Island is a worthwhile exercise
AfDB says stronger governments and
private sector are keys to ending
fragility in Africa
not just more electricity – power
rationing has been notorious in
the past – but will also reduce the
cost of electricity as geothermal
production is among the cheapest
ways to generate.
The plant is located inside the
Mt. Longonot National Park but
as it has been there before the
park itself was created enjoys a
special status and does not collide
in its present format with tourism
activities.
Longonot is renown as an
adventure destination for both
Kenyans as well as foreign tourists
who come to climb the mountain,
use the bike trails or else hike
through the rugged terrain.
The Kenya Wildlife Service has
established an annual event there,
the Mt. Longonot Wheelbarrow
Race, from which charitable
contributions are raised besides
promoting the park as a key
weekend getaway location for
Nairobians.
By Prof. Dr. Wolfgang
H. Thome, ETN Africa
Correspondent
When he started the series of
visits Minister Alain St. Ange said
to the first hotel he stopped at:
“It was time for us to break away
from our traditional approaches of
holding meetings with big groups
of hotels. Normally we rallied
every-one in a room to listen to the
trade, but few spoke and we often
left the meetings unsure if we
had heard the views and opinions
of everyone. We knew that we
needed to hear of not only your
successes, but also hear firsthand
of your challenges. We felt it was
time to dedicate more time than
ever before to the industry and
meet you on a more personalized
basis. Seeing properties are one
thing, knowing properties is as
important for everyone’’. Minister
St. Ange said.
As he ended the first session
in a series he will be undertaking
on Praslin Island, Minister St.
Ange said that he had now
been updated on the prevailing
situation of tourism on Praslin
Island directly from the horse’s
mouth, not second hand, but
straight from the owners of small
'home grown hotels' network and
from General Managers of the
larger establishments. "We have
heard of aspirations of our small
hoteliers. We heard how they see
the bureaucratic structures in
place in different departments
that creates more costs for small
hotel owners. We were guided
to see first-hand how central
management decisions were too
often too distant from reality on
the ground" Minister St. Ange said.
The Minister for Tourism told
the press on Praslin that he was
ending the first in the series of
meetings on Praslin happy and
that he had seen positive results
from the call by the President
of the Republic for Seychelles to
claim back its tourism industry.
"We have more Seychellois than
ever before joining the tourism
industry. We have seen the small
Seychellois owned establishments
are promoting a creole welcome
and they are displaying a style
of tourism that is uniquely
Seychelles. It is very clear that as
a Government we need to work
tirelessly to encourage more
Seychellois to enter our world
of tourism. This will ensure the
industry that remains the pillar of
our economy is consolidated for
the long term because everyone
will defend and protect the tourism
industry" Minister St. Ange said.
Minister St. Ange assured the
Praslin Island Hoteliers that he
would be back in about two weeks
to continue his tour of hotels to
enable to meet every hotelier
of the island individually. He
also assured everyone that their
different points raised would be
raised with the different agencies
and departments concerned.
Seychelles is a founding
member of the International
Coalition of Tourism Partners
(ICTP)
Seychelles Ministry of
Tourism and Culture
recovery. But on the
other hand we have
seen new conflict and
new crises emerging on
the Continent.
After a year of
studying this question
with the goal of strengthening
Africa’s fragile states, “Ending
Conflict and Building Peace in
Africa: A Call to Action” delivers
three main messages.
First, fragility is different from
one place to the next and since
there is no single condition that
describes fragility everywhere,
there is no single remedy for
it, either. This means the Bank
must play a greater role in better
understanding the causes of
fragility and develop relevant
responses that target the specific
triggers of conflict.
Second, conflicts and crises
are profoundly political in nature.
Although the AfDB is apolitical,
it has strong convening power.
Thus, it should be part of post-
conflict negotiations to design
development efforts while the
political process is completed by
other relevant institutions
Third, governments need to
stabilize their economies and
deliver essential services as a way
to minimize the lasting effects
of conflict. This calls for strong
institutions and a well-developed
private sector, so this is where the
Bank and its clients need to focus
their efforts.
afdb
Alain St. Ange, Minister of Tourism
and Culture, Seychelles
MONDAY | APRIL 07, 2014
3. Wassupafrica 03
Feedback received from Kampala’s
leading hotels confirm that this
year’s Earth Hour was observed by
switching off main lights – safety
and security lights did remain on in
line with regulatory requirements – in
public areas, as well as restaurants
between 2030 hours and 2130 hours
last evening. Patrons dined by candle
light, and bars and public areas were
lit by candles and in part solar-charged
lanterns, showing solidarity with this
World Wildlife Federation (WWF)-
sponsored event which unfolded
across the world.
From the Ugandan lodges it was
only GeoLodges which was swift
enough to confirm their compliance
while others left the opportunity go
to waste to make hay out of their
participation and get a positive mention
here.
Across the region, Serena Hotels
signaled participation in all their hotels,
resorts, and lodges and from Kenya,
Sarova Hotels and Sun Africa Hotels
confirmed that they, too, had their
main lights out as Earth Hour arrived in
the East African time zone.
From Nairobi, the InterContinental
Nairobi and the Boma Hotel confirmed
that their lights also went out, all
deserving a pat on the back on
behalf of the environment. Well done
to the Kampala Serena Hotel and
the Sheraton Kampala Hotel who
participated as well.
By Prof. Dr. Wolfgang H. Thome,
ETN Africa Correspondent
ASSOCHAM welcomes
the Diplomats
Kampala’s leading
hotels observed
Earth Hour
FROM PAGE 01
I
t was a splendid evening when
ASSOCHAM (The Associated
Chambers of Commerce and
Industry of India) organized a
Commercial Counselors/Trade
Commissioners Meet on 29th
March 2014 in New Delhi, India.
ASSOCHAM, an Apex
knowledge chamber of the
country, has been assisting
conducive environment to tap the
business prospects between India
and rest of the World. Government
of India has been enormously
compassionate in its efforts.
It was an admirable occasion
furnished by the Chamber to
interact with the concerned
diplomats. It offered a prominent
podium to foster the international
linkages and to share, learn and
buildnewnetworksofopportunity.
Embassies/High Commissions
participated at senior level were
from SAARC, ASEAN, GULF, ARAB,
AFRICA, and WEST. Mr. D S Rawat,
Secretary General, ASSOCHAM
very well expressed his thoughts
during the event.
All the participants rated the
seminar very highly. They thanked
ASSOCHAM for this opportunity
which will help them in their
professional activity.
A
ir Uganda announced
recently an increase in
flights to a number of their
East African destinations effective
April 14. New is that Mombasa
will now be served five times a
week directly up from previously
four flights a week, cutting out
the en-route stop at Kilimanjaro.
This will be of keen interest to
the Ugandan business community
which imports over 90 percent of
all cargo via the Indian Ocean port
of Mombasa while visitors wanting
to enjoy the Kenyan beaches now
have more options to fly to the
coast where this year spectacular
deals are available for residents of
the East African Community.
Kilimanjaro will for now be
served three times a week, likely
to go to four soon in a joint code
share operation with Tanzania’s
Precision Air while under a
similar deal Dar es Salaam will
be served twice a day compared
to the previous one flight a day,
allowing day trips from Uganda
to Dar without the need of an
overnight stay and a special fare to
generate more traffic for the new
double daily service was
launched at US Dollars
165 return PLUS taxes
and fees.
The most recently
launched destination of
Mogadishu/Somalia will
also see the number of
weeklyflightsgoupfrom
three to four a week, a
sign of continued strong
demand on the route.
Jubawillseedoubledailyflights
continue except on Wednesdays
and Fridays, when three daily
flights connect Entebbe with South
Sudan’s capital city.
Nairobi flights will remain, for
the time being, on the same level
with three flights a day except for
Saturday when only two flights are
operated.
Bujumbura flights will also be
upped from the present four to five
a week and have been changed to
nonstop flights both ways.
Kigali in the meantime will,
for the time being at least, be
served by RwandAir operating a
flight codeshared with Air Uganda,
which allowed U7 to free aircraft
capacity needed to increase flights
elsewhere.
Air Uganda currently operates
a uniform fleet of Bombardier
CRJ200 jets in a single class
economy configuration of 50 seats
each. Word from the grapevine
however has it that a fleet increase
and aircraft type change may be
on the way with speculation rife
if Uganda’s quasi national airline
may upgrade from the CRJ200
to the larger CRJ700NextGen or
even the CRJ900NextGen, which
would allow them to bring their
acclaimed business class of the MD
87 days back.
By Prof. Dr. Wolfgang
H. Thome, ETN Africa
Correspondent
More flights to key destinations across
Eastern Africa
the world. The polls would be
viewed by observers from oodles
of developing countries eager to
acquire and embrace from India's
democracy.
"We are fully geared up to
conduct free and fair elections,"
a poll panel official said. He said
Chief Election Commissioner V.S.
Sampath and his colleagues were
touring various states to review
the preparedness.
"The challenge is in terms
of the geographical spread of
constituencies but the polling staff
is adequately trained," the official
added.
Youngistan, your vote is your
voice as an Indian citizen. Don’t
forget a vote from a rich has the
identical power as a poor person.
It’s your right and voice, to have
the say, who will be the future
most powerful leader in the world.
These elections are not just about
casting votes, they are your way of
molding our nation's future, and
yours.
It is the single most efficacious
method to make your voice be
heard. By not polling, you give
away your right to effect the
government overall. Select your
contestant prudently. There are
numerous matters to contemplate
when casting your vote. So every
vote has a meaning. Several
elections have been decided by a
single vote. Hence, it is significant
to vote to have your say about
what happens to you and to the
people in the country.
Mr. D. S. Rawat, Secretary General, ASSOCHAM
mONDAY | APRIL 07, 2014
4. L
ocated on the Great Rift
Valley in Central Africa, and
one of Africa's smallest
nations, Malawi is heartily known
as 'The Warm Heart of Africa' and
is swiftly budding as one of the
last unexplored treasures of the
continent. Malawi is not only the
Warm Heart of Africa, but also
the genuinely friendly, safe and in
many ways undiscovered heart of
Africa – an exclusive destination
that is just that little bit different
from its better – known neighbors.
It is a landlocked country that was
formerly known as Nyasaland.
It is bordered by Zambia to
the northwest, Tanzania to the
northeast, and Mozambique on
the east, south and west.
Immense Investment
Opportunities
The Warm Heart of Africa
has immense investment
opportunities for investors in
its lap. It exhibits many of the
characteristics that emerging
market investors look for.
These opportunities have been
categorized by sector:
• Agricultural Sector
• Manufacturing Sector
• Other Sectors
Agriculture and Agro-
Processing
Commercial estate farming
offers wide scope for long-term
investment in agriculture. Most of
the traditional agricultural export
crops of tobacco, tea, coffee and
cotton are exported in a semi-
processed state. Opportunities
exist for investment into value
addition in these sub-sectors and
in other agricultural sub-sectors
of chilies, macadamia nuts, cut
flowers and beans.
Cotton Production
Malawi has been a cotton
growing country since the colonial
era. Specific mention should be
MALAWI AT
A GLANCE
CountryoftheWeek04
Advertiser's Index
Modern Agro Engineering Works .................................................. Page 02
Chadha Power ............................................................................... Page 02
SSP Pvt. Ltd ................................................................................... Page 03
Linc Pens ....................................................................................... Page 05
Jet Airways...................................................................................... Page 07
The Times of Africa ........................................................................ Page 07
MKU ............................................................................................... Page 08
Mill India Ltd. .................................................................................. Page 10
Prakash Amusement ...................................................................... Page 10
NewTech Engineers ....................................................................... Page 10
Laxmi Publications (P) Ltd.............................................................. Page 11
Paranthaman ................................................................................. Page 11
Radeecal Communications ........................................................... Page 12
Indian Spinal Injuries Centre ......................................................... Page 12
MALAWIThe Warm Heart of Africa
and mattress manufacturing.
Other Sectors
Among semi-precious stones
found in Malawi are Aquamarine,
Amethyst, and Tourmaline while
precious varieties include rubies
and sapphires.
Minerals include Uranium,
strontianite, Phosphate, Iron
Sulphides, Gypsum, C o a l ,
Limestone, Basnaesite, Pyroclore,
Bauxite, Titanium
sands, Kyanite, Graphite,
Corundum among others.
An opportunity exists to invest
in mining and processing of
these minerals. Other attractive
opportunities also exist in a
gems and jewelry plant with
the proposed objective of
buying, processing and selling
locally found gemstones on
international markets, as well as
manufacturing jewelry items.
Trade Agreements
A number of bilateral and
multilateral trade agreements
includes the African Free Trade
Zone, the Common Market for
Eastern and Southern Africa
(COMESA), the Southern Africa
Development Community (SADC)
Trade Protocol, bilateral trade
agreements between Malawi and
Zimbabwe, Malawi and South
Africa, Malawi and Botswana,
Malawi and Mozambique, Malawi
and China, Malawi and India, and
Malawi and Malaysia the Cotonou
Agreement between the European
Union (EU) and African Caribbean
Pacific (ACP) countries, and the
United States-African Growth
Opportunity Act (US-AGOA)
initiative for concessional exports
to the US market.
Benchmarking
Investment Climate in
Malawi
Credit Access: There is no
discrimination in terms of access
to credit in Malawi. Borrowing and
lending affairs stay in the hands of
banks and their clients.
Transportation System: In spite
of being a land locked country,
Malawi has a first-class road
network and railway services,
which join Malawian importers
and exporters to the significant
ports of Beira and Nacala in
Mozambique.
Safekeeping Investment: In
terms of physical property and
property rights protection, Malawi
is a signatory of the International
Convention for Settlement of
Investment Disputes (ICSID); and
Multilateral Investment Guarantee
Agency (MIGA), a World
Bank institution that operates
as an insurance organization,
which offers compensation to
multilateral investment losses.
Import/Export Policy: There is
no favoritism a propos the set of
laws leading imports and exports.
for investment in the manufacture
of accessories such as zippers,
buttons, and fastening which are
currently imported.
Garment Manufacturing
The Malawi garment industry
isveryyoungwithabout8garment
companies operating under the
export processing zones status.
More companies are required to
fullyutilizethecountry’sresources
and to more fully capitalize on new
trade opportunities arising from
the African Growth Opportunity
Act (AGOA) initiative offered
to Malawi by the United States
Government.
PhosphateFertilizerManufacturing
Phosphate fertilizers
constitute 20 percent (40,000
tons) of the total imports.
Domestic fertilizer production in
Malawi would reduce the price of
fertilizer and therefore encourage
the distribution of fertilizer to the
more remote areas of the rural
population.
Rubber Products Manufacturing
Malawi has rubber trees for
the production of latex rubber at
the rate of 1,300 tons per annum.
10% of the total tonnage is used
locally for tyre re-treading, paint
made of the cotton sector where
investment opportunities include:
cotton growing; cotton ginning;
spinning, weaving and knitting.
Investment opportunities exist
in commercial cultivation of
cotton through initiatives like
contract farming, village adoption,
cooperatives and associations etc.
Tea Production and Processing
Malawi is the pioneer of tea
growing in Africa and is the second
most important export crop for
Malawi contributing some 7.9%
of total export earnings. Tea is
exported to European, Asian and
American markets.
Arabica Coffee Production and
Processing
Arabica coffee is the fourth
most important export crop in
Malawi. Exports are made to
European markets, Asia markets
and American markets.
Manufacturing Sector
With the country’s efforts
to diversify the economy from
agriculture, a lot of opportunities
exist in the manufacturing sector
and these are:
Manufacture of Textiles
Accessories
There is considerable scope
Official Name
Malawi
Head of State
H.E. Dr. Joyce Banda
Capital
Lilongwe
Area
118,480 km²
Population
15,906,483
GDP (Purchasing Power Parity)
$14.58 billion (2012 est.)
GDP - Per Capita (PPP)
$900 (2012 est.)
GDP - Real Growth Rate
+4.3%
Annual Inflation Rate
+7.6%
Exports (Billion)
$860 million (2012 est.)
Exports - Commodities
Tobacco, tea, sugar, cotton, coffee,
peanuts, wood products, apparel
Imports (Billion)
$1.752 billion (2012 est.)
Imports - Commodities
Food, petroleum products, semi-
manufactures, consumer goods,
transportation equipment
Agriculture - Products
Tobacco, sugarcane, cotton, tea, corn,
potatoes, cassava (tapioca), sorghum,
pulses, groundnuts, Macadamia nuts;
cattle, goats
Industries
Tobacco, tea, sugar, sawmill products,
cement, consumer goods
MONDAY | APRIL 07, 2014
5. BusinessBuzz 05
R
ecently, a company
representative of Apple
said that "there needs to
be more diversity in the emoji
character set" and that Apple
is "working closely" with the
Unicode consortium, the group
that specifies how all text and
characters show up on computers,
to make changes.
Hatts off to Oju Africa, an app
company centered in Mauritius,
currently open for download on
Google Play. The app is free, but
only well-suited with external
apps like WhatsApp and Twitter
for now.
The main intent of Oju Africa
is to craft an optimistic picture
of African cultures and people
that didn't previously exist on the
emoji platform.
There have been numerous
appeals to get Apple, which makes
the emoji for iPhone, to diversify
the portfolio for the past year or
so.
As written by Oju on its
website "At oju we have identified
a need, we Africans need a voice
in today’s modern world, a voice
that represents us in the computer
driven present and future.” "An
African voice that not only
understands the African way, but
supports all our diverse cultures
and bring to life all our emotions,
passions and our warmth as a
continent in a proudly African
way", he further added.
A
ccess Bank has anticipated
to raise its market share
in global trade podium
on import from $4.1 billion to
$6.4 billion to upkeep trade
and project-based financing for
customers. Head of SME Desk,
Oyediji Atoyebi, who unveiled
this lately at Access Bank’s 6th
edition of Power Breakfast titled,
“Capacity Building for Business
Owners,” said the institution’s
trade lines are currently at around
$1.5 billion, which, according to
him, was sufficient to support the
nation’s growing business needs.
He stated that Access Bank’s
global trade platform remains
strong and growing market share
– $3.3 billion in imports in 2010; $
6.5 billion in imports in 2011; $4.2
billion in imports in 2012; $4.1
The IMF has just released to the
general public its new toolkit for
assessing public debt sustainability
in countries that have access to
international capital markets.
The tool improves upon
the IMF's previous method of
evaluating how much public debt
emerging market and advanced
economies can safely carry. The
new approach takes a more
holistic view, assessing the level
and trajectory of debt, government
financing needs, and vulnerabilities
in the debt structure.
The IMF has been working to
overhaul its framework for public
debt sustainability analysis in
market access countries (MAC
DSA) over the past two years as the
issue of public debt has become
increasingly prominent. The global
financial crisis and more recent
developments have exposed not
only significant debt vulnerabilities-
particularly in advanced economies,
where such concerns had been
minimal-but also gaps in the
analytical capacity to assess and
foresee such risks. The new DSA
for market access countries aims
to close those gaps by scrutinizing
debt sustainability from several
different perspectives.
The revamped DSA pushes the
analytical frontier by introducing
new tools for comprehensive
risk assessment. In addition to
evaluating debt trajectories, as was
previously done, the new framework
also assesses the solvency and
liquidity risks stemming from high
levelsofpublicdebt,grossfinancing
requirements, and a country's debt
profile. For example, it compares
the public debt, financing needs,
and liquidity indicators to early
warning benchmarks intended to
flag potential vulnerabilities at an
early stage.
Clarity and transparency are key
features of the new DSA framework.
DSA results are displayed in
standardized charts and tables,
which facilitate cross-country
comparison. A heat map objectively
summarizes the analytical results,
with red, yellow, and green cells
indicating high, moderate, and low
risks respectively. Standard output
chart packages are available at
this link. The final assessment of
debt vulnerabilities is expected to
reflect the country-specific context-
therefore, where relevant, DSA
results provide country-specific
details and discuss factors that may
amplify or mitigate certain risks.
In IMF country reports, DSA
outputs are summarized in a heat
map and accompanied by a write-
up. Heat map colors are determined
by comparing debt levels, gross
financing needs, and debt profile
indicators against early warning
benchmarks. Red cells in the first
two rows indicate that baseline
debt-to-GDP and gross financing
needs-to-GDP ratios exceed
benchmark levels. In the last row,
the cell is green if its corresponding
debt profile indicator value is
less than the lower early warning
benchmark, red if it exceeds the
upper early warning benchmark,
and yellow if it lies in between.
Allafrica.com
Access Bank to be in top three by 2014 by market share
World Bank signs loan deal
for Kenya airport construction
IMF launches
new tool to
assess public
debt in market
access countries
N
ews that the World Bank
has signed a major loan
deal with the Kenya
government worth 17.5 billion
Kenya Shillings, all due to be
channeled into the reconstruction
and expansion of facilities at
the region’s main airport, Jomo
Kenyatta International, will be
received with some relief by
the aviation fraternity currently
working under difficult conditions
at the airport since the fire last
year in August destroyed the
entire arrivals section.
The World Bank’s country
director confirmed that the deal
was signed, which should allow
the Kenya Airport Authority
(KAA) to fast track tender awards
now that funds have been made
available.
No details about the grace
period, the level of interest or
the repayment period could be
obtained but it is thought that
the interest rates will be hugely
preferential over any form of
billion in imports in 2013 and
2014 projection of $6.4 billion.”
The firm, which has been
among the top four trade
financing banks in Nigeria by
price of initiated transactions and
foreign exchange (FX) applied,
would be among the top three
by 2014 by market share. On its
struggle to cultivate openings for
business and small and medium
enterprise on international trade,
Atoyebi said the Access Bank had
continued to grow and diversify
customer base to 500 plus active
trade customers across all major
economic sectors.
According to him, the bank
was the first bank to launch an
electronic e-Form M platform
in Nigeria via its trade services
platform with trade innovation
Adorable and Attractive African Emoji
an island nation off the southeast
coast of Africa, Apple should now
have somewhat of an outline on
this subject.
The company has advanced
a series of African emoji that are
solution platform for ensuring
that customers initiate and track
their transaction on an on-line real
time basis. The Head of SME desk
said, “We are today a preferred
partner with several first class
correspondent banks as we have
a very firm understanding of the
local market and the various
trade finance structures that
are acceptable to international
markets.”
commercial borrowing or even
project finance arranged by
contractors.
KAA has a few weeks ago
tendered for the demolition of the
entirearrivalscomplextopavethe
way for a major new construction,
and while no details have been
made public how long it may take
to announce the winning bidder
and then get working, it is widely
anticipated that by mid of this
year work will have started.
Meanwhile though was the
construction of a temporary
terminal building, made of
largely prefabricated elements,
awarded to a German company
and completion of that project is
expected by latest October this
year. JKIA presently processes
nearly 7 million passengers per
year, even though the initial
capacity on opening in 1978 was
only projected to reach 2.5 million
passengers, one reason why
passengers regularly complain
about the congestion and lack of
sufficient facilities when flying
from or transiting via Nairobi.
By Prof. Dr. Wolfgang H.
Thome, ETN Africa Correspondent
mONDAY | APRIL 07, 2014
6. T
he technological advancement, global
competition and changing business
scenario call for new challenges
in every field. To meet such challenges,
apart from occupational requirements,
development of additional skills is crucial.
Education has an immense impact on the
human society.
The African youth make up 40
percent of Africa’s population. Education
in Africa began as a tool to prepare the
local youth to take their place in their
respective societies. Among several areas
of cooperation between India and Africa, one important sector is
capacity building and human resource development.
As India’s capabilities and resource base has grown in these
areas, it has broadened the scope of cooperational activities in
capacity building with Africa. India is poised to set up a string of
higher education and training institutions in Africa. India is doing a
lot for the future of the continent and can transform the continent
through education.
India has pledged to build 100 training institutes all over the
continent at the last two India-Africa Forum Summits held in
New Delhi, India and Addis Ababa, Ethiopia respectively. It will
help build the industrial and managerial base of the continent by
spawning a new generation of entrepreneurs and an educated
middle class that will shape African resurgence in the time to come.
Not only the public sector but India’s private sector is now
encouraged to build partnerships for capacity building and human
resource development in Africa. Indian Universities has brought
up wide range of programs and courses designed to provide an
impetus to career seekers and equip them with communication and
linguistic proficiency.
A variety of services and programs are being offered for
students to help promote intellectual, social and cultural
development. India has developed a sizeable skilled and educated
manpower. It has emerged as a third largest skilled human resource
in the world due to substantial public investment in establishing
academic and professional institutions.
Indian government policy led to liberal
university education and the subsequent
rapid development of the educational
research and training. These experiences
are relevant for African countries.
Therefore, India is a suitable partner
to contribute in the capacity building and
development of human resource in Africa.
As it is Africa is rich in natural resources.
It needs skilled human resources and
technology to accelerate its economic
growth.
Recognizing the advance stage of India
in developing Science, Technology and
Innovation policies and strategies thereof,
during 1st India-Africa Science and
Technology Ministerial Conference and
Tech Expo on 1-2 March 2012 at New Delhi,
India, it was agreed that India would serve the Commission of the
African Union and Regional Economic Communities by providing
training and other capacity interventions towards ameliorating
policy enabling environment in African countries. Prior to this in
2011, India has committed to promote high education institutes in
four sectors - information, communication and technology in Ghana,
planning and administration in Burundi, foreign trade in Uganda
and India-Africa institute for diamonds in Botswana, which is the
biggest producer for diamonds in the continent.
An additional $700 million was pledged to establish new
institutions and training programmes. Of this, $185 million is in the
field of science and technology.
Worth mentioning, the African Development Bank supports
every phase of education, the cornerstone of the health-
employment social wellbeing architecture. It catches education as a
long-term process that commands long-term investment. The Bank
bestows to international efforts to provide a quality education to all
children by supporting its regional member countries in building
schools, training teachers and providing learning materials and
equipment.
The focus on infrastructure also extends to fragile states
where the Bank supports considerable school construction and
reconstruction as part of its efforts to provide these countries with
viable public services. The thrust of the Bank’s Higher Education
Science and Technology Strategy is to promote excellence, and to
target the transition from school to work.
Given the growing needs and demand for high-level skills and
research in science and technology and insufficient resources,
the Bank focuses its support on national and regional centers of
excellence such as the Kigali Institute of Science and Technology
and the Benin’s Regional Public Health Institute. Since 2008, the
Bank also houses the Association for the Development of Education
in Africa, which promotes African education research and evidence-
based policy advocacy.
At the 22nd World Economic Forum (WEF) on Africa, Minister
of Education for Ghana stressed the need for distance learning
programs. Science, Technology and Innovation is opening up
opportunities which might enable Africa to leapfrog development
through education. In the words of Mr. Ricaud Gervais Auckbur,
Representative from the Ministry of Education, Mauritius “ I want
to see African countries working together to make the dream
‘Broadband for all in Africa’ become a reality for everyone in the
continent- to provide access to affordable communication for
education and socio-economic development.”
The Government of India, through the Indian Council for
Cultural Relations (ICCR), offers about
2325 scholarships under 21 scholarship
schemes. Of these scholarships, 500 are
exclusively for African countries. There
are students in India under these schemes
from about 80 countries. Most of the
scholarship holders come from developing
countries in Asia, Africa, South and Central
America.
The Indian Council for Cultural
Relations (ICCR) administers its own
scholarship schemes apart from which
it also functions as an agency for other
schemes on behalf of the Ministry of
External Affairs and the Ministry of
Finance of the Government of India.
Education in Africa began as a tool to
prepare the local youth to take their place
in their respective societies. Among several
areas of cooperation between India and Africa, one important
sector is capacity building and human resource development. As
India’s capabilities and resource base has grown in these areas
it has broadened the scope of cooperation activities in capacity
building with Africa. Both the public and private sector of India are
encouraged to build partnerships for capacity building and human
resource development in Africa.
FRANKLY SPEAKING06
Cross-Continental
Educational Collaboration
On the academic front,
my department is committed
to increasing the production
of graduates in engineering,
the natural sciences, human
and animal health sciences,
and teacher education in
line with my performance
agreement with the
President.
Mr. Rajeshwar Jeetah
Minister of Tertiary Education, Science,
Research and Technology, Mauritius
Mr. Blade Nzimande
Minister of Higher Education
& Training, South Africa
By kirit sobti,
editor, iat
editor@indoafricatimes.com
Hope@Africa and Hope International,
two related international networks
set on jointly promoting human
development and tackling major societal
challenges in Africa and in the rest of
the world, were recently launched in
Stellenbosch.
With the endeavors of Hope@
Africa, a collaboration between seven
leading African universities, and Hope
International, a collaboration between
Stellenbosch University (SU) and four
Swedish universities, the lives of nearly
millions can be enhanced.
At the launch event at Stellenbosch
University, Professor Russel Botman,
SU rector and vice-chancellor, said
"Teachers are key in this process.
According to UNESCO, Africa needs 2
million new teachers by 2015. There is
also an urgent need to provide training
for millions of current teachers who are
either under- or unqualified. Clearly,
universities should play a key role in
improving the training and ongoing
professional development of teachers.
But conventional brick-and-mortar
approaches are not good enough
anymore. We need to use technology to
extend the reach and richness of learning
and teaching beyond the physical
classroom. This is exactly the kind of
challenge that Hope@Africa will be
tackling."
The complete aim of the Hope
International network is to upsurge
collaboration within higher education
en route for a rise in understanding
and awareness of the major challenges
facing the global community. The
Hope International network will get
together higher-education institutions
to cooperate on ways to bestow to the
long-term accomplishment of global
development goals.
Professor Botman also said that it
is predominantly pleasing that Hope@
Africa and Hope International are
launched together. "We took a firm
decision to harness the synergies
between the two to gain more traction.
So, this is an historic occasion -
universities in the global south and north
taking hands for human development
everywhere. Our mission is one of hope
because we refuse to accept the reality
at hand as the beginning and end of
everything. We refuse to abandon the
next generation to despair. Many of them
face the bleak prospect of a future that is
no different to their past or present. We
can make a difference - using our work
in unlocking and sharing and applying
knowledge. Now that is a goal enriching
our work with a deeper sense of meaning
and purpose."
Africa calls
for 2 million
new teachers
Economic and social
development in the country
must rest with education,
hinting at overall educational
reform at the tertiary level and
stating that foreign investment
is the key to structuring a
knowledge hub.
MONDAY | APRIL 07, 2014
7. TRAVEL&tourism 07
M
adhya Pradesh often designated
as the "Heart of India" is home to
a rich cultural heritage and has
innumerable monuments, large plateau,
spectacular mountain ranges, meandering
rivers and miles and miles of dense forests
offering a unique and exciting panorama of
wildlife in shady surroundings.
Madhya Pradesh is a state in central
India. Its capital is Bhopal, the largest city is
Indore and historical capital is Gwalior. It is
nicknamed as the "heart of India” due to its
geographical location in India. In 1956, this
state was reorganized and its parts were
combined with the states of Madhya Bharat,
Vindhya Pradesh and Bhopal to form the
new Madhya Pradesh state with Bhopal as its
capital. This state was the largest state of India
by area until 2000. In 2000, the Chhattisgarh
region was split to create
a new state, and Rajasthan
became the largest state
of India.
Bhopal, capital of
MadhyaPradeshisalovely
combination of scenic
beauty and historicity.
Bhopal Tourism presents
a happy mix of Hindu
and Islamic cultures and
combines both North
Indian and South Indian
influences.
Mandu signifies a
love story of a Muslim
Prince with a local poor
shepherd girl that brings
the mythological touch to
Mandu. Mandu, a small
townontheedgeofMalwa
Plateau, is surrounded by
forestsandhasahistorical
significance. Antiquity
and Artistry merges here
and this mix is displayed by some marvelous
structures and monuments like Alamgir,
Bhangi, Rampol, Darwaza and Tarapur Gate.
Mandu is one of the few places where the very
rare Baobab tree grows.
Khajuraho Group of Monuments
The name Khajuraho, in ancient times
known as "Kharjuravāhaka", is derived
from the Sanskrit words kharjura = date
palm and vāhaka = "one who carries". The
renowned Khajuraho group of monuments
is one of the amazing tourist places in India.
The world famous Khajuraho has the biggest
team of ancient Hindu
as well as Jain sacred
temples, popular for
their sexual statues
and were influenced
by the Tantric school
of thought. Sculptors
of Khajuraho depicted
all aspects of life.
Khajuraho group of
monuments are broadly
classified into three
groups viz. Western
Group of Temples,
Eastern Group of
Temples and Southern
group of Temples.
Western Group of
Temples constitutes
Kandariya Mahadeo
temple, Chaunsath
Yogini temple,
Chitragupta temple and
the most prominent
structure is of the
KandariyaMahadeotemplewhichisdedicated
to Lord Shiva.
Eastern Group of Temples comprises a
cluster of Hindu and Jain temples and lies
close to the Khajuraho village. Parsvanath
Temple is the largest jain temple in this
group.
Southern Group of Temples is situated
5 km away from the Khajuraho village. The
fine Chaturbhuj Temple is the most famous
in this group and has an intricately carved
image of Vishnu ji.
THE HEART OF INCREDIBLE INDIA
Madhya Pradesh
Quick Fact:
It is positioned in the state of Madhya Pradesh.
These monuments date back to 1000 AD.
Best Time to Visit:
September to March is the best time to visit.
Did You Know?
It has been acknowledged as a world heritage site
by UNESCO. The monuments and temples were
built during the reign of Chandella Dynasty.
Must Go:
Go out for shopping. Relish the Khajuraho festival
and Mahashivratri festival.
Must Watch:
Kandariya Mahadeo, Chaunsat Yogini,
Lakshamana Temple, Vishwanath Temple,
Chaunsat Yogini, Chitragupta Temple,
Matangeshwara Temple, Adinatha Temple,
Brahma temple, The Vamana temple Ghantai
Temple, Parsavanatha Temple, Javari temple, the
Duladeo Temple and Chaturbhuj Temple.
mONDAY | APRIL 07, 2014
8. TALKINGTECHNOLOGY08
W
ith a modest beginning,
K.S. Infosystems Pvt.
Ltd. came into existence
with a vision to cater to all ICT
solutions at extreme peripherals.
The main objectives pursued
since its incorporation include
assembling, networking, trade &
distribution, annual maintenance
contracts and consultancy
services for turnkey projects in
relation to hardware, software,
audio-video either singly or in
collaboration with other body in
India or abroad.
Services Offered:
• Annual maintenance contract
(AMC)/ after sales support
• Facility Management Services
• Software Licences
• Information Technology
Consulting
• Designing, Consulting
Integration of Information
Technology/ Profession A.V.,
Electronics Security Solution
• ERP Solution
• Customized Software
Development
• E-Learning
• Knowledge Training Centre
Success Stories:
Revenue Collection
Taking a step towards
establishing a fool-proof
efficient tax system. Its unique
software named KS Collect
which concentrates on revenue
mobilization has been designed
implemented in Ghana in the
cities like Kumasi, Obuasi, Dormaa,
Koforidua, Kasoa, Mankasiem,
Ashaiman, etc.
iTicketing Security Systems
Unique concept of using
technologies used never before for
crowd management. As executed
for 26th MTN African Cup of
Nations in Ghana, 2008. To this
date, K.S. Infosystems has its name
in the management of the most
prestigious football tournament
– MTN Africa Cup of Nations
(CAN'08) and other tournaments
like Zenith Cup, etc. held in Ghana
in collaboration with our local
partner Turnstile Prints Ltd.
K.S. Infosystems undertook the
control of the entire stadia gates
and printing of entry tickets with
unique technologies like RFID
chips, holograms colour coding
for the security at the turnstiles
by introducing access cards which
were the first of its kind to be used
in any part of Africa.
Unified Billing for Telecom
Sector
Monitoring application for
the billing systems of mobile
operators to enhance Government
revenue KS Infosystems have the
IT integration solutions which
would help the Government to
keep the track on the amount of
Tax that should be collected from
the various Mobile Operators. By
this software Government would
be able to monitor the Call Detail
Records (CDR) of each call logged
by their Telecom Operator billing
engines.
Assembly Plant of Laptops,
Desktops Mobiles
Milestone towards setting
up of IT Products Assembly
Plant K.S. Infosystems has set up
an Assembly Plant of Desktops,
Laptops Mobiles in Ghana. The
production of Desktops Laptops
is 10,000 each per month and
mobiles 100,000 per month
approximately.
Mobile Repair Training
State-of-the-art technology
in mobile phone repairing. K.S.
CONNECT
WITH THE
MAGICAL
WORLD OF ICT
Infosystems launched a state-of-
the-art technology center housing
the latest mobile phone repairing
equipment in The Gambia,
Burkina Faso, Niger, Senegal
and Guinea Conakry. Its unique
technology includes application of
ICT in mobile phone maintenance,
servicing, repairs, assembling and
entrepreneurial skills.
Setup of Smart Classroom
Technology Enhanced
Classrooms. K.S. Infosystems have
set up a Smart Classroom AV
Equipment in Africa Institute of
Sanitation Waste Management
Liberty American School in
Ghana.
When it comes to satisfying
business demands and challenges,
we supply the world's most
superior Information and a
Communication Technology (ICT)
products, services and solutions.
E-mail: support@ksinfosystems.com
Website: www.ksinfosystems.com
MONDAY | APRIL 07, 2014
9. TRYSOMETHINGNEW 09
Ingredients
• Macaroni (boiled):-½ packet
• Potatoes (boiled and mashed):-½ kg
• Eggs:-4
• Chicken (boiled):-250 gm
• Black pepper powder:-1 tbsp
• Green onions (chopped):-½ bunch
• White cumin powder:-1 tbsp
• Bread crumbs:-2 cups
• Chinese salt:-½ tsp
• Garlic paste:-1 tbsp
• Salt:-To taste
• Oil: - for frying
Tools Required
• Spatula
• Medium bowl
• Deep bottomed pan
Serving Suggestions
Serve hot with green chutney or
tomato sauce.
Career Fair Muzaffarpur
Career Fair Muzaffarpur is going
to be a vital event that will focus
on the importance associated
with career routes. There are
professional who are going to
gather here from different parts
of the world and students who
are looking for the right career
option. It is going to take place in
Muzaffarpur, Bihar and the time is
for two consecutive days.
Date: 07-08 Apr 2014
Venue: Hotel Park Muzaffarpur,
Muzaffarpur, India
Today’s Women Expo
Chandigarh
Today’s Women Expo
Chandigarh is a five day event
that is scheduled to be held in
Chandigarh in India. This show
will bring together professionals
from the industry and offers
them a great platform for the
development and advancement
of the sector. This show also
presents the professionals with a
great platform to discuss about
the latest opportunities and new
developments that have been
produced in the sector.
Date: 09-13 Apr 2014
Venue: Parade Ground, Chandigarh, India
WatechAsia
Watech Asia is one of the prime
water technology sector trade
shows in India. The event serves
up convenient opportunities for all
participants to take a collective
look at all the latest innovations
and technological advancements
from this industry.
Date: 09-11 Apr 2014
Venue: Bombay Convention Exhibition
Centre (BCEC), Mumbai, India
Chemspec India
Chemspec India is a prime
exhibition that deals in serving
chemicals and dyestuffs which
are used by diversified industrial
sectors. The researchers and
chemical analysts of several
renowned firms will display
standard quality of chemicals and
also make sure that the relevant
usage and advantages as well as
applications are explained to each
of the attending professionals.
Date: 10-11 Apr 2014
Venue: Bombay Convention Exhibition
Centre (BCEC), Mumbai, India
Fashionista Lifestyle
and Fashion Exhibition –
Nagpur
Fashionista Lifestyle and Fashion
Exhibition - Nagpur is one of the
most comprehensive fashion
accessories sector trade shows
in India. The show is attended by
several distinguished business
professionals on a regular basis
and the latest fashion trends and
concepts are deliberated in detail
here.
Date: 11-13 Apr 2014
Venue: Hotel Centre Point, Nagpur, India
Boutiques of India-
Wedding Lifestyle
Raipur
This event will be hosted at Hotel
Babylon Inn, a luxury hotel service
provider in the heart of the Raipur
city. It has participants from places
like Mumbai, Delhi, Jaipur, Kolkata,
Chandigarh, etc. We have sarees,
designer salwar suits, lehengas,
bags, real jewellery, artificial and
fashion jewellery, footwear, home
dacor, gifts.
Date: 12-13 Apr 2014
Venue: Babylon Inn, Raipur, India
upcoming
Calmness and Tolerance act like air - conditioning
in a room; they increase man’s efficiency.
THOUGHT OF
THE WEEK
Macaroni Cutlet
Indian Cuisine
1. What is your hobby?
आपके शौक कया है?
2. I am glad to see you.
मैं आपको देख के खुश हूँ |
3. Which is your favourite cuisine?
अापका पसंदीदा भोजन कौन सा है?
4. Please help me.
कृपया मेरी मदद करो |
5. I am in a meeting, can you please
call me later.
मैं एक सभा में हूँ, तुम मुझे बाद में
फोन कर सकते हो?
Handy French
High in vitamins minerals
High in amino acids fatty
acids
It is an Adaptogen
Helps with digestion
Helps in detoxification
Alkalizes the body
Improves cardiovascular
health
Boost the immune system
Great for the skin
Disinfectant, anti-biotic,
anti-microbial, germicidal,
anti-bacterial, anti-septic,
anti-fungal anti-viral
Helps reduce inflammation
Weight loss – A secondary
effect.
picture of the week
The Governor of Punjab, Shri Shivraj Patil and the Secretary, Official Language, Ministry of Home Affairs, Ms. Nita
Chowdhury presented an award to the Nagar Rajbhasha Karyanvayan Samiti (NRAKAS) Chandigarh, at the inauguration
of the Joint Official Language Conference for Northern Regions, at Chandigarh on March 31, 2014
Flag Name Capital Currency Official Language
South Africa
Pretoria
(administrative/
executive)
Cape Town (legislative)
Bloemfontein (judicial)
South African
rand
Afrikaans, English, Southern
Ndebele, Northern Sotho, Southern
Sotho, Swazi, Tsonga, Tswana,
Venda, Xhosa, Zulu
South Sudan Juba
South
Sudanese
pound
English
Sudan Khartoum
Sudanese
pound
Arabic, English
Swaziland
Mbabane
(administrative),
Lobamba
(royal and legislative)
Lilangeni English, Swati
Prepration Method
1. In a mixing bowl, combine macaroni,
chicken and potatoes together.
2. Put the dark pepper powder, white
cumin powder, chopped green onions,
salt and Chinese salt. Mix well.
3. Take little mixture on your palm and
shape into cutlets.
4. Now dip these prepared cutlets into
well beaten eggs and then coat with
breadcrumbs.
5. Heat oil in a deep bottomed pan and
deep fry the cutlets.
Which country in Africa is
famous for sculptures?
Cote d’ Ivoire
The flagship of Nigeria
tourism industry is popularly
known as?
Obuda Cattle Ranch
What is another name of
Lake Malawi?
Lake Nyasa
Botswana’s most popular
traditional game is?
Stalking
Which national park of Africa
is known as “Smoke That
Thunder”
Victoria Falls National Park
Which Africa country is often
called “Giant of Africa”
Nigeria
The Capital and chief port of
Tunisia is?
Tunis
Zanzibar is the world’s chief
supplier of ?
Cloves
Lesotho lies exactly within
which country?
South Africa
Know More About Africa
Macaroni Cutlets are an interesting variation of the vegetable cutlets
Top 12 Benefits
of
Aloe Vera
The name of Africa, according
to some scientists, comes from
the name of a tribe that lived in
the north of the continent, and
was called afrigami.
mONDAY | APRIL 07, 2014
10. THEFASHIONISTAS10
E
ast Africa’s most successful
fashion festival, the Swahili
Fashion Week, is preparing to
make a full appearance in Kenya as
a mainstream event, starting from
April 5 of this year.
Mustafa Hassanali’s erstwhile
vision, which resulted in the first
Swahili Fashion Week to be launched
in 2008 in Dar es Salaam, has now
established itself as the region’s
foremost fashion and accessories
event giving local designers a
platform to showcase their creations
and make a name for themselves in
the international arena.
While the venue and program
are still to be announced, the SFW
organizers have set a deadline for
applications by Kenyan designers
to send in their particulars by
February 28 to designers@
swahilifashionweek.com or use their
website www.swahilifashionweek.
comto download the relevant forms.
Expect to hear more about
this event in coming weeks as the
program takes shape and the lineup
of designers and models is made
public.
By Prof. Dr. Wolfgang
H. Thome, ETN Africa
Correspondent
Using movies to narrate African stories
R
ecently in Lagos,
stakeholders in the
industry were in their
maximum essence as African
movie stars and international
spectators touched on the
prominent Eko Hotels for
the Africa Magic Viewers
Choice Award (AMVCA). The
event, which was in its second
edition, was put together by
MultiChoice in company with
Amstel Malta. The Managing
Director of M-Net Africa, Biola
Alabi, said it was perceived to
encourage talent and nurture
the film industry. The event,
which was fundamentally a
podium to diagnose and reward
the endeavors of African
movie stars and those behind
the cameras with votes from
viewers, was more of uniting
the stars from different African
countries than a competition
among them. At the event, they
switched pleasantries with
a promise to continue to use
movies to tell African stories
and correct the West's negative
impressions about Africa.
It was a splendid evening
after witnessing the thrilling
enactments from dancing
groups and artists such as
Davido and Flavour, who kept
the audience excited with his
'Ada ada' and his other popular
songs witnessed artists and
producers, film directors going
Swahili
Fashion Week
heading to Kenya
home with their prominent
awards for their hard work in
acting and film production. The
night was almighty in many
esteems as brand owners of
Amstel Malta lived up to their
billing with their sponsorships
as performers and actresses who
have heard about themselves
but have not met got the
opportunity to meet, discussing
new opportunities while photo
journalists were on hand to click
their cameras on the celebrities.
When AfricaMagic and
MultiChoice proclaimed the birth
of the AMVCA to recognize and
appreciate not only veterans in
the Nigerian film industry, but
also to encourage budding film
producers on both traditional
and new media in the African
continent, one could virtually
slice the excitement in the air
with a blunt knife.
Over the years, the award has
not only feted the African stars
but has furnished viable platform
for growth and positioning.
There were a total of 29 awards
in diverse categories. Nigeria,
the host country, won 18 out of
the 29 categories of the awards.
Ghana won five awards including
Best Movie 2013, Kenya won five,
while Zambia got one. However,
South Africa, Tanzania, Uganda,
and The Gambia, which were
also on the nominees list, did not
win any award.
Osita Iheme from Nigeria
with his performance in ‘The
Hero’ won the Best Actor in
Comedy category. Best Actor
in Drama award was sealed by
Tope Tedela from Nigeria in
the film, 'A Mile from Home.'
Olufunke Ayotunde Akindele,
nicknamed Jenifa, won the Best
Actress in Comedy award while
Nse Ikpe-Etim, Nigerian actress
best known for her ability to
internalize her characters beat
other African actresses and
Nigerian actresses to win the
Best Actress in drama with her
performance in Journey to Self.
MONDAY | APRIL 07, 2014
11. SPORTS2WATCH 11
Black Stars want to do better than
previous World Cup campaigns says
Ex-Ghana captain Stephen Appiah
Algeria says it can
take over 2017
Afcon
Ex Ghana captain Stephen Appiah
believes the Black Stars are
determined to excel beyond their
previous campaigns at the World
Cup in Brazil. Ghana made it to
the Round of 16 in their debut
participation in the World Cup
Juventus ace Kwadwo Asamoah
has promised to give his all for
Ghana at the 2014 FIFA World Cup
finals.
Asamoah has been explosive
for the Serie A champions where he
is striving in a makeshift left-back.
The Black Stars will be hoping for
a spill over at the tournament in
Brazil.
“When we get to the World Cup
we will show the whole world
what we are made of,” Asamoah
said to BBC
“I am one of the key players in
my country and I will give it my all
to ensure make it out of the group.
“One way of doing that is to
ensure we approach every game
with the strong hunger and desire
finals in 2006 in Germany.
The Black Stars bettered this
record by going a place further by
finishing in the quarter finals of the
last edition four years ago in South
Africa. Then coached by Serbian
Milovan Rajevac, the Black Stars
Americans the psychological edge
going into the shootouts which
they eventually won.
Former Ghana skipper Stephen
Appiah who led the side to the
previous World Cup campaigns
however believes from his
interactions with the players and
officials that the current crop are
even more determined to progress
further this term.
“Talking to the players – and I
had a chat with Kwesi Appiah – I
think they want to do more than
what we did in 2006 and 2010,” he
told GHANAsoccernet.com.
“So definitely the preparation is
going to be different; it is going to
be more than how we prepared in
2006 and 2010.
“I think there are going to be
some friendly games in May, they
will tour and we'll see how it goes.
“We have tasted it once and
twice and this time everybody, not
only the players but Ghanaians, the
coaches – everybody's goal is to go
further than the quarter finals.”
Ghana will open its campaign
in the tournament that kicks off
in June against the USA before
facing Germany and Portugal in
subsequent group games.
Modern Ghana
I will give my all for Ghana at the World Cup- Kwadwo Asamoah
With the security situation still
precarious in Libya, Algerian
officials are pressing to take over
the hosting of the 2017 Africa
Cup of Nations.
Caf are yet to decide whether
the tournament should be moved
from Libya, where sectarian
violence has weakened efforts
to return the country to normalcy
after the 2011 civil war.
Algerian Minister of Sports
Mohamed Tahmi said that his
country was ready to step in if
Libya eventually lost the right to
organise the showpiece.
“Algeria has the necessary
infrastructure to host the 2017
Africa Cup of Nations. And we
also have the experience to
organise such huge events,”
Tahmi said.
“But we are waiting and
watching the situation. This issue
concerns primarily the Algerian
football federation and the
Confederation of African Football,
who should decide whether the
games can be held in Libya or to
be moved to another country.”
Algeria shares a common
border with Libya, but Libyan
teams mostly play their home
matches in Tunisia.
Al Ahli Benghazi’s lone goal
victory over Egypt’s Al Ahly last
weekend in the Caf Champions
League took place in Tunisia.
www.algeria.com
to succeed knowing that every
victory sends us closer to our goal.
“We will not bother ourselves
with semi-final target we will just
try to enjoy our game and have fun
during game.
“We will sing in our team
bus and create the union that is
were just a penalty kick away from
making history by becoming the
first African side to make it through
to the semifinals of the tournament.
But striker Asamoah Gyan
missed the vital kick against
Uruguay - giving the South
required to excel at this level.”
Asamoah made his debut for
Ghana in 2006 under Claude Le
Roy and was part of the Ghana
team which reached the quater
final stage at the 2010 World Cup in
South Africa.
Modern Ghana
Black Stars charging up for FIFA 2014
Star of Ghana: Kwadwo Asamoah
mONDAY | APRIL 07, 2014
12. ENCOUNTER WITH EDITOR12
What are the achievements of
the Government in the context of
economic reform and openness to
cooperation and foreign investment?
Togo has experienced a socio-political
crisis over fifteen years. Throughout
this period no real reform could not be
carried out. With the coming to power
in 2005 of His Excellency GNASSINGBE
ESSOZIMNA, a national seminar was
organized in December 2005 in order
to make an inventory of the Togolese
economy. To render into action the
conclusions and recommendations
of this seminar, the President of the
Republic created on February 15th, 2008
the Permanent Secretary in charge of
Monitoring Policy Reforms and Financial
Programs whose mission is to monitor
and support the various departments and
state institutions in the conception and
implementation of reforms, coordinate
the interventions of technical and
financial partners and ensure the
implementation of the commitments
made by Togo towards its partners.
Several economic reforms have been
carried out for this purpose.
The consolidation of public
finances, which aims by 2030 to align
the management system of public finance
of Togo in international standards to
accelerate its development process and
make it an emerging country;
Financial audit and corporate
restructuring and state banks: It was
to assess the internal country debt which
helps to pay more than 23 billion CFA
francs for its discharge. The audit of
state-owned banks (BTCI, UTB, BTD, BIA-
Togo) and large enterprises (NSCT, SNPT,
CEET) continues;
Restructuring of the system of
public procurement, control and fight
against corruption. With the adoption
and implementation of the Law on Public
Procurement, the Togolese Government
shows its commitment to respect
procedures procurement and good
governance;
Operationalization of the Court of
Auditors for the proper management of
the state budget.
Judicial reforms are:
Modernization of justice to provide
more security to private investors
including foreign
Operationalization of the Court of
Arbitration for Togo with the financial
support of the Investment Climate
Facility for Africa (ICF) (CATO) for the
resolution of disputes by mediation
between the economic operators.
The private sector is a key sector in
the process of business development.
What is the level of development of
this sector?
The private sector is a vital link in
the economic chain of Togo. The highest
political authorities are aware of this and
that is why a department responsible for
promoting the private sector is created
within the government. Moreover, it
should be noted that our economic fabric
is characterized by a high proportion
of Small and Medium Scale / Small
and Medium Industries (SMEs / SMIs)
are creators of the majority of jobs
and national wealth. It also occupies a
prominent place in the GDP. According
to the figures, the contribution of this
sector in GDP is between 70 and 80%.
Ultimately, the private sector in Togo is
getting better and better. The Togolese
Government and all stakeholders are
determined to implement the whole
system to achieve the objectives of the
Strategy for Accelerated Growth and
Employment Promotion (SCAPE). The
private sector is present in all areas
especially in the productive sectors of the
mining industry of air transport (which is
now the Lomé Hub ASKY company in the
mobile mines, the energy and finally in
the construction or Togolese companies
involved in the work brilliantly and
implementation of new infrastructure
such as road construction.
Which areas you appear promising for
the investment of Indian companies?
Energy problems and water are acute
that’s why that particular emphasis
should be given to:
»» Solar energy in rural areas, solar
energy is renewable and available it is
interesting to intensify its use in rural
areas;
»» The treatment of water in rural areas;
»» Light industry food industry, an area
where our countries can acquire the
simpler Indian technology transfer and
more suited to Africa.
Your last words.
Cooperation India - Africa is on track.
This is justified by the massive presence
of African countries as well as hundreds
of Indian Industries at the 9th conclave. It
augur well for a better tomorrow through
increased Indian intervention in the
process of economic development of our
country and especially our country Togo.
I sincerely hope that these three days of
meetings will again be an opportunity
to strengthen this cooperation through
the creation of new partnerships
between industry and national and
private economic operators and the
achievements of agreements of major
projects of national or sub-region.
Togo is implementing business climate reforms to demonstrate its openness to
foreign investment. Minister of Commerce and Private Sector Promotion, speaks
to Kanchi Batra, Sub Editor, Indo Africa Times about Togo as a favoured
investment destination.
Owner / Publisher / Editor: Mr. Kirit Sobti from 3rd Floor, Plot No. 3, Block PSP-IV, Service Centre Opp. Sector-11 (Extn.), Rohini, Delhi-85
Printed at LIPEE SCAN PVT. LTD. 89 DSIDC SHED Okhala Phase 1, New Delhi
“Set up a company in Togo in 24 hours”
H.E. Mrs. Essossimna
Legzim BALOUKI
Minister of Trade
and Private Sector
Promotion, Togo
MONDAY | APRIL 07, 2014