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.
Julius Randle's Injury Status: Surgery Not Off the Table
Volume 1 issue 50
1. www.indoafricatimes.com
MONDAY | DECEMBER 22, 2014 Title Code: DELENG18579 • RNI NO: DELENG/2014/54666 • Postal Registration No.: DN/325/2014-2016 • VOL. 1 • NO. 50 • Page 12 • Price `10
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Miss South Africa
crowned
Miss
World
T
his year’s Miss World pageant was won this year by 22-year-old South African
Rolene Strauss.
Strauss was crowned Miss World 2014, taking over from last year’s winner
Megan Young of the Philippines. Strauss becomes the third South African to win the title.
Miss Hungary, Edina Kulcsar, was first runner-up, and Miss USA, Elizabeth Safrit, came
third.
Miss Uganda, Leah Kalanguka only succeeded to make it to the top 25 in the People’s
Choice category, acknowledgements to the online campaign that got people casting votes
for her. Unluckily, she does not appear in any other category. This can be credited to the
fact that she arrived later than other contestants in the Miss World boot camp in London.
She does not perform in the rest of the categories including beach fashion, multimedia,
CAPE VERDE
ON TRACK
It’s 100%
UNTOUCHED:
Equatorial
Guinea
Get Unin-
terrupted
Power
Solutions
Mozambique
launches new
international
airport
AFCON 2015:
Equatorial
Guinea
preparations
underway
2. Wassupafrica02
Colossal statue of Amenhotep III unveiled in Egypt
Phone charging made simple
Archaeologists unveiled
a restored colossal statue
of Amenhotep III that was
toppled in an earthquake
more than 3,000 years ago
at Egypt's famed temple city
of Luxor.
The statue showing him
in a striding attitude was
re-erected at the northern
gate of the king's funerary temple
on the west bank of the Nile.
The temple is already famous
for its existing 3,400-year-old
Memnon colossi - twin statues
of Amenhotep III whose reign
archaeologists say marked the
political and cultural zenith of
ancient Egyptian civilisation.
The 12.92-metre (43-foot)
statue unveiled stands west of
an existing effigy of the king, also
depicting him walking, which was
unveiled in March.
The world-famous twin
Memnon colossi are 21 metres tall
but show the pharaoh seated.
The restored statue now
stands again for the first time
since its collapse 3,200 years ago,
Sourouzian told AFP from Luxor.
Consisting of 89 large pieces
and numerous small fragments
and reassembled since November,
the monolith weighs 110 tonnes.
It had lain broken in pieces
after the earthquake in 1200 BC,
Sourouzian said. The statue shows
the king wearing the white crown
of Upper Egypt, and each hand
holding a papyrus roll inscribed
withhisname,liketheonestanding
next to it that was unveiled earlier
Rwanda's Henri Nyakarundi founded
African Renewable Energy Distributor
(ARED) to give renewable energy
solutions to the public and private
sectors in his home country Rwanda
after failing to find a place to charge his
phone from.
However, he never imagined that
his idea would ever cross the border.
Now with great success in Rwanda
and Burundi, he is aiming at launching
a similar project in Kenya and across
the East African region. His Mobile
Charging Kiosk dubbed SharjaVuba
is set to help thousands who are
not connected to grip electricity with
alternative energy from solar power and
photovoltaic technology.
Nyakarundi is implementing a
franchise business model, where
business minded individuals will pay
this year.
His belt, holding a
dagger with a falcon-head
handle, is fastened with a
rectangular clasp bearing
the names of the king.
Work to conserve the
Amenhotep III temple is
entirely funded through
private and international
donations. Pharaoh Amenhotep III
inherited an empire that stretched
from the Euphrates to Sudan,
archaeologists say.
The 18th dynasty ruler became
king aged around 12, with his
mother as regent. Amenhotep III
died in around 1354 BC and was
succeeded by his son Amenhotep
IV, widely known as Akhenaten.
Luxor, a city of some 500,000
people on the banks of the Nile
in southern Egypt, is an open-air
museum of intricate temples and
pharaonic tombs.
Modern Ghana
Mozambique launches new
international airport
M
ozambique's President
Armando Guebuza
inaugurated a new
international airport in the
northern port city of Nacala, which
is shortly to be Brazilian mining
giant Vale's main hub for coal
exports. The estimated cost of $200
million has been partly financed
by a loan from the Brazilian state-
bank, BNDES. Brazilian company
Odebrecht was in charge of the
construction.
The new facility will allow
business travellers to avoid the
200 kilometre journey from
Nampula, the closest airport.
Built on a former military
airbase, the airport has an initial
capacity of 500,000 passengers a
year and can accommodate long-
distance aircraft including Boeing
747s, according to a statement
from Aeroportos de Mocambique.
Mozambique Airlines (LAM)
has been using the airport since
December 8, but the new facility
has not yet received international
certification.
The airport opening marks
a new stage in the development
of resource-rich Mozambique's
north,withNacalaalreadyboasting
one of East Africa's deepest natural
ports.
"From a maritime perspective,
this is the only port between
Durban and Djibouti to have a
draft greater than 15 meters," said
Mathieu Freidberg, Africa director
for shipping company CMA-CGM.
A five-year rehabilitation of
port infrastructure launched in
March aims to increase container
traffic five-fold, according to
Loni Shott of Portos do Norte,
the port operator. After being
repeatedly postponed, operations
are expected to start in the second
quarter of 2015, Vale Mozambique
CEO Pedro Gutemberg announced
this week.
A $4.4 billion investment, the
Nacala logistic corridor –- which
encapsulates the port terminal and
ARED Rwf 245,000 or Rwf 350,000
to purchase a kiosk, plus a monthly
charge of $45 to service and support
the device.
The lower-end cost would supply
an individual with a kiosk, powered
by solar energy to charge up to 20
phones at a time, while the Rwf
350,000 package allows one to operate
a “smarter” kiosk which can also sell
mobile phones, airtime and electricity.
“I really wanted to bring value to
the business,” Nyakarundi said. “I
wanted to design and engineer my own
product. I didn’t want to just import
something from China.”
Consumers who want to charge
their device at one of the kiosks only
have to pay less than Rwf 100.Users
can also visit a kiosk, leave their phone
charging and pick it later.
“When one applies for a franchise,
they must also present two people who
will be running the kiosk. We also do a
background check,” Nyakarundi says,
adding that his focus is mainly the
people at the bottom of the pyramid.
He says he is in talks with a
microfinance organization over a
potential partnership meant to support
applicants at the beginning.
Nyakarundi has created and kept
ARED afloat using money from his
previous business in the United States
but he believes $250,000 is needed to
cover operational costs for two years,
employ more staff and order 100
kiosks. The eventual plan is to roll out
the kiosks in more African countries
(New Guinea and Zambia have already
expressed interest) but for now those
100 devices will be split evenly between
Rwanda and Burundi.
New Times
Namibia’s Sovereign rating a boon to
local markets
Foreign investors see Namibia’s strong
ability and willingness to pay its creditors
in a positive light, a local expert says.
Capricorn Asset Management
Portfolio Manager Shaun Namaseb said
that investors regarded the country as a
jewel in Africa.
“As we are one of four African
nations [besides South Africa, Botswana
and Mauritius] to hold an investment
grade rating from international ratings
agencies, we have been the subject of
attention from offshore investors.
“This year Capricorn Asset
Management was able to host two
offshore fact-finding visits from US
and UK-based investment houses,
facilitated by South African banks eager
to invest in our domestic Namibia dollar
denominated debt.
“Sadly, their participation is currently
limited to the Namibian Euro bond and
the Rand denominated JSE listed bond.
We, however, expect this to change
as the local industry develops and we
move away from a paper-based trading
system towards the Central Securities
Depository model,” Namaseb said.
Investors considered Namibia’s
ability and willingness to pay its
creditors as one of the key requirements
before they entered a market, Namaseb
explained.
“Our country produces strong GDP
results, with the Fitch ratings agency
estimating 5.2 percent growth for 2014.
Similarly, the nation’s balance sheet
remains healthy with a debt/GDP ratio of
25 percent whereas our peer nations run
at a debt/GDP ratio of 40 percent.
“We are also often praised for our
strong financial and banking system,
which also bolsters the case for
investment in Namibian Government
Bonds,” he said.
However, analysts often classified
the Namibian market as illiquid, or
too small, to accommodate foreign
investment portfolio flows, he said.
As a result offshore investors
only made up a small segment of the
domestic bond market and as such did
not provide liquidity.
“The answer to increased liquidity
does not solely lie with the Namibian
Government increasing its debt
outstanding, but rather with the asset
managers and market participants, such
as pension funds. “With a vast majority
of pension assets managed from outside
our borders and concentrated in a few
players’ hands, the industry is unable to
gain critical mass. We need more local
managers with local decision making
allocated pension assets, as it is the
local manager who has a vested interest
in developing the market,” he advised.
He noted that foreign buyers could
repatriate 100 percent of the financial
assets they purchased in the domestic
market relatively quickly if things turned
for the worse.
Regarding the performance of the
asset class, Namaseb said that there
was no data available for net foreign
flows into the Namibian bond market.
“However, after a very difficult year
in 2013 for the bond market brought
on mainly by fears of rampant inflation
domestically and speculation as to the
timing of the end of US quantitative
easing, 2014 had proved to be very
bond friendly.“Whereas last year the
BEASSA ALBI returned around 0.64
percent ended December 2013, bonds
returned around 13 percent so far this
year,” he said. BEASSA ALBI is the
South African All Bond Index. This index
comprises highly liquid South African
Government and state-owned debt. It
serves as a proxy for the bond market
in South Africa.
Moves by central banks globally
resulted in yields and interest rates
across the world falling, a situation
that forced offshore investors to make
changes to their investment choices.
Offshore investors seeking returns
were subsequently forced out of the
comfort of high-grade sovereign debt,
such as that of the US and selective
European nations like Germany, into
riskier debt that could provide lucrative
returns.
“We find that investors who used to
shun emerging market sovereign debt
are now seasoned market participants in
emerging market debt,” Namaseb said.
the railway line –- is expected to
handle 18 million tonnes of coal
by 2017, increasing Vale's current
export capacity fivefold.
When the railway is completed,
Nacala will be connected to
neighbouring Malawi and to
copper-rich Zambia, said Shott.
Nacala would then become an
important gateway to the Indian
Ocean, with China and India major
trading partners.
"Carriers are seeking alternates
to Durban, which is far and
expensive," said Freidberg says.
"But beyond its obvious
natural potential, Nacala still lies
far behind Mombassa in terms of
infrastructure."
Modern Ghana
Armando Guebuza, President, Mozambique
MONDAY | DECEMBER 22, 2014
3. Wassupafrica 03
FROM PAGE 01
P
resident John Dramani
Mahama and his Kenyan
host, President Uhuru
Kenyatta, have supervised the
signing of seven key agreements to
strengthen the bonds of friendship
and cooperation between the
two nations, at the conclusion
of a three-day state visit of the
Ghanaian leader.
Two of the agreements,
which were signed at the State
House in Nairobi, centred on the
development of partnerships in
Air Services and Trade, whilst five
Memorandums of Understanding,
(MOUs), were signed on Tourism,
Agriculture, Energy, Oil and Gas,
Information and Communications
Technologies, (ICTs), and
Education. Some elements of the
agreements include efforts to
reduce the cost of doing business
between the two countries,
cooperation in tourism training,
and the exchange of technical
information in agriculture.
In bilateral discussions
preceding the signing ceremony,
the two leaders exchanged ideas
on the need to establish Double
Taxation Agreements between the
two nations and how to protect
investments in each other's
country. They further discussed
how Ghana and Kenya could serve
as effective sub-regional aviation
hubs in West and East Africa
respectively.
President Mahama
Ghana and Kenya sign seven
agreements to boost ties
President Armando Guebuza inaugurates roads in
northern Mozambique
The outgoing Force Commander of the
UN Mission in Mali, Maj. Gen. Jean-
Bosco Kazura, was earlier this week
bestowed upon the National Order of Mali,
by the Malian government in recognition
of his role in pacifying the country.
Gen. Kazura received the medal
from Malian Defence Minister Bah N’Daw
during a ceremony attended by Minusma
officials, senior Malian military officials
and Mali’s Chief of staff, Brigadier General
Mahamane Touré.
During the ceremony, Mali’s Chief of
Staff was quoted saying: “You leave us
when our expectations are not yet fulfilled,
whereas you have accumulated a wealth
of expertise that is second to none in
the knowledge of the Malian situation.
You are well familiar with all the players,
the issues, and it is today, when your
contribution is vital that you decide not to
renew your contract”.
“You did what you could. The ball
remains more than ever in the camp
of Minusma. Malians have their eyes
on the Minusma to fulfill its mandate
successfully,” Gen. Touré said,
Kazura thanked the people of Mali
and the country’s leaders, particularly
Mali decorates Gen. Kazura for his
services
President Ibrahim Boubacar
Keita, for their hospitality.
“I did not come to Mali
for its beauty and warmth
but for its people and for
ourselves, because it would
be a shame to think that the
problem of Mali is only a
national one.
It is global. The
Rwandan people will never
forget the participation of
the Malian army to restore
peace in Rwanda after the crisis of 1994.
We must put our efforts together to
overcome the crisis in Mali,” he said.
Gen. Kazura completes his tour of
duty, 18 months after he was appointed
to head the UN peacekeeping mission in
the West African nation.
He has been heading the
Multidimensional Integrated Stabilisation
Mission in Mali (Minusma), which took
over from an African peacekeeping force.
Minusma’s current mandate expires in
June next year.
It was established by the Security
Council under Resolution 2100 and
tasked to carry out a number of security-
related tasks and support political
processes in Mali, including assisting
the transitional authorities in extending
and re-establishing state administration
throughout the country.
Prior to his appointment as
Force Commander, Gen. Kazura was
Commandant of the RDF School of
Infantry in Gabiro. Last Friday, he toured
Timbuktu where he urged continued
vigilance and discipline on the part of
Minusma in bid to fully pacify Mali.
New Times
congratulated his Kenyan host
on the recent decision of the
International Criminal Court, (ICC),
to drop charges of crime against
humanity and genocide levelled
against him over the killing of more
than 1000 people during the 2007
elections.
President Mahama (who is
Chair of the Economic Community
of West African States, (ECOWAS))
noted that Kenya, as the largest
economy in East Africa, and Ghana,
as the second largest economy in
West Africa, could forge stronger
partnerships that boost intra-
African trade and deliver jobs,
opportunities and prosperity to
the people of both nations.
The Kenyan leader, who is the
current Chair of the East Africa
Community (EAC) commended
President Mahama on his
leadership as Chair of ECOWAS,
especially in addressing terrorism
and insecurity, fighting the ebola
outbreak disease in some West
African countries and also assisting
the people of Burkina Faso to
return their nation to a state of
normalcy after the citizens uprising
that resulted in the resignation of
President Blaise Compaore.
The two Presidents
characterised the visit as the
re-opening of a new and promising
chapter in Ghana-Kenya relations,
to build on the warm, deep and
historic pre-independence bonds
established by Ghana's first
President, Dr Kwame Nkrumah
and Kenya's founding President,
Mzee Jomo Kenyatta.
President Kenyatta thanked
President Mahama for undertaking
this historic three-day state visit,
which is the first ever by a sitting
Ghanaian Head of State. In his
response, President Mahama
extended a reciprocal invitation to
his host to undertake a state visit
Ghana at a date to be agreed by
both Governments soon.
On arrival at State House,
President Mahama inspected
a guard of honour mounted by
troops from the Kenya Defence
Forces and received a twenty-one
gun salute.
Earlier on Friday morning,
President Mahama laid a wreath at
the Mausoleum of the late Kenyan
President Mzee Jomo Kenyatta,
during a solemn ceremony.
The two Presidents also
toured the vast compound of the
Kenya National Youth Service,
where thousands of Kenyan
youth are trained and deployed
every year into various sectors
and communities. The leaders
inspected heavy equipment
and trucks that are used for the
construction of boreholes and
roads, in deprived communities,
such as the Kibera slum area in
Nairobi.
President Mahama, who also
served as a Special Guest of Honour
at Kenya's 51st Independence
anniversary celebrations (or
Jamhuri) Day on Friday, 12th
December, leaves Kenya on
Sunday, 14th December 2014.
Modern Ghana
Maj. Gen. Jean-Bosco Kazura
sports and fitness, talent and
Beauty with a Purpose. Last year,
Stella Nantumbwe did not deliver
much, although Ugandans had
high hopes in her.
Phiona Bizzu represented
Uganda in 2012 at the showcase
held in China. She succeeded to
make her occurrence felt during
the penalty shoot-out (sports
category). The crown was won by
home girl Yu Wenx.
This year’s winner is a fourth
year medical student and terms
herself as having a “wild South
African heart.”
Asked why she wanted to be
Miss World, Strauss is recited
as saying: “Being proudly South
African,Ihavefirsthandexperience
that unity, respect, and forgiveness
exist; those all are aspirations of
the Miss World organization, so
it would be amazing to represent
an organization that is a beacon of
hope all over the world.”
Antigone Costanda, an
Egyptian of Greek heritage, was
the first beauty queen signifying
an African country to win the title
in 1954. Nigeria’s Agbani Darego
was the first black African to win
the pageant in 1982.
Women from 121 countries
The Auasse/Mocímboa, Praia/
Palma and Macomia/Auasse
roads in the province of Cabo
Delgado, northern Mozambique,
with a combined length of 225
kilometres, were inaugurated by
the country’s President, Armando
Guebuza, the Mozambican press
contended in the 64th annual
contest that began Nov. 20.
Contestants had to prove
themselves in events presenting
their beach fashion, charity work,
media savviness, sports ability,
modeling skills and individual
talent.
Strauss won the title of Miss
South Africa in March and used
her position to follow her "passion
for women's rights, health and
education," she said in her Miss
World 2014 introduction video.
She painted her work of
educatinggirlsaboutmenstruation
to keep them in school.
Strauss hopes to go to business
school, become a doctor and
start a business concentrating
on women's health. More than
one billion people tuned into the
live event at ExCel London ICC
Auditorium, according to the Miss
World website.
Performances from Sky Blu,
The Vamps and the Miss World
candidates themselves aided break
the nervous tension as spectators
and the ladies themselves waited
to hear the results of each round.
One of the highlights of the
evening came when the candidates
surprised Beauty with a Purpose
founder and Miss World chair
Julia Morley with an honor in the
form of a song number. She was
then greeted by Miss World 1994,
Bollywood royalty Aishwarya
Rai Bachchan, Miss World 1953
Denise Perrier, and Miss World
2013 Megan Young.
reported. Rebuilt with a loan of
93 million euros granted by the
Portuguese State, the road linking
the district of Mueda and the
districts of Mocimboa da Praia
and Palma is 122 kilometres long
and the road between Mueda
and Macomia is 103 kilometres
long. The two roads were rebuilt
by construction companies Ceta,
of Mozambique and Andrade
Gutierrez, of Brazil. Guebuza then
travelled on to Zambezia province
to inaugurate the road between
Gurué and Magige.
High Commission of Mozambique
mONDAY | DECEMBER 22, 2014
4. include salt, pozzolana (a volcanic
rock used in cement production),
and limestone.
Its small number of wineries
making Portuguese-style wines
have traditionally focused
on the domestic market, but
have recently met with some
international acclaim. A number
of wine tours of Cape Verde's
various microclimates began to
be offered in spring 2010 and can
be arranged through the tourism
office. The economy of Cape
Verde is service-oriented, with
commerce, transport, and public
services accounting for more than
CountryoftheWeek04
C
ape Verde formally the
Republic of Cabo Verde, is
an island country crossing
an archipelago of 10 volcanic
islands in the central Atlantic
Ocean. Located 570 kilometres
(350 miles) off the coast of
Western Africa, the islands cover a
mutual area of slightly over 4,000
square kilometres (1,500 sq mi).
Cape Verde's economy has
been progressively mounting
since the late 1990s, and it is now
officially measured a country
of average development, being
only the second country to have
achieved such transition, after
Botswana in 1994.
Cape Verde's prominent
economic growth and
enhancement in living conditions
despite a lack of natural resources
has reaped international
recognition, with other countries
and international organizations
often providing development
aid. Since 2007, Cape Verde has
been categorized as a developing
nation.
Cape Verde has few natural
resources. Only four of the
ten main islands (Santiago,
Santo Antão,São Nicolau,
Fogo, and Brava) normally
support significant agricultural
production, and over 90% of all
food consumed in Cape Verde
is imported. Mineral resources
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70% of GDP. Although nearly 35%
of the population lives in rural
areas, agriculture and fishing
contribute only about 9% of GDP.
Light manufacturing accounts for
most of the remainder.
Fish and shellfish are plentiful,
and small quantities are exported.
Cape Verde has cold storage
and freezing facilities and fish
processing plants in Mindelo,
Praia, and on Sal. Expatriate Cape
Verdeans contribute an amount
estimated at about 20% of GDP
to the domestic economy through
remittances. In spite of having
few natural resources and being
semi-desert, the country boasts
the highest living standards in
the region, and has fascinated
thousands of immigrants of
different nationalities.
Investment Opportunities in
Cape Verde
Fishing
Cape Verde’s waters are
opulentinunder-exploitedmarine
resources, forming a countless
potential for investments in the
fishing industry. The fishing
industry is budding and backs to
a large portion of the country’s
exports. However, Cape Verde
has fishing potential yet to be
fully exploited. Two foremost
international fishing grounds
border the islands, which are
spread across
Tourism
Presently the islands of Sal
(alone, 65% of tourism activities
in the country), Boa Vista, Sao
Vicente and Santiago are desired
there is growing need for modern
accommodation facilities on other
islands as well
Transport Sector
One of the main significances
in the transport sector area is
to transform Cape Verde into a
shipping support podium and a
regional air transportation hub.
Sea Cluster
As far as a Sea Cluster is
apprehensive, the Government
is now endorsing the Island of
S. Vincent as a Regional Center
for processing, marketing and
export of marine resources.
Investments are greeted in
cold storage, ship repair and
maintenance, transshipment and
Bunkering and handling facilities,
along with major public-private
partnerships for the construction
and management of a new deep
sea Port and of a Cruise Terminal
in the Island of S. Vincent.
Air Cluster
Investments are very much
greeted into an Air Cluster,
mainly in the privatization of
the national air carrier – TACV.
The government is aiming at a
strategic partnership for the
development of synergies on
traffic and economically profitable
activities and operations with
African, European and South
and North American markets/
destinations, along with major
opportunities in the concession
of the four major international
airports operations and services.
A niche of opportunities exists
within this cluster for aircraft
maintenance and handling and air
navigation services.
Energy Sector
Cape Verde’s determined
growth plans in the energy sector
is to have 50 percent of electricity
come from renewable energy
sources by 2020 which will
necessitate big investments in
power and water infrastructure,
and their use of alternative energy
presents great opportunities.
Cape Verde has one of the best
wind regimes in the World
(18m/s) and a great potential for
solar energy with a ratio of 6-8
kWh/m²/day.
InformationandCommunication
Technology
Another priority area is in
Information and Communication
Technology, which is set to
play a lead role in the economic
expansion of the country in the
medium and long terms.
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Cape verde AT A GLANCE
Country official Name: Republic
of Cape Verde
Head of state: Jorge Carlos
Fonseca, President
Capital: Praia
Independence day: July 5, 1975
Religions: Christianity
Total land Area: 4,036 square
CAPE VERDE
O N T R A C K
kilometers (1,558 square miles)
GDP: 1.888 billion USD (2013)
Growth Rate: 0.9% annual change
(2013)
Population: 498,897(2013)
Languages: Portuguese, Crioulo
Climate: The Tempo das Brisas
(time of the winds) from October
to mid-July and the Tempo das
chuvas (rainy season) from August
to September
Export Items: Shoes, clothes, fish,
bananas, hides, pozzolana (volcanic
rock, used to make cement)
Import items: Refined Petroleum,
Planes, Helicopters, and/or
Spacecraft, Cement, Rice, and Cars
Time Zone: UTC/GMT -1 hours
Currency: Cape Verde escudo
MONDAY | DECEMBER 22, 2014
5. BusinessBuzz 05
Guinness Ghana initiates GH¢515,000 water
treatment plant for Alogboshie, Atebubu
Microsoft Lumia & Juliet Ibrahim to make Singapore trip
happen for 3 couples
Guinness Ghana Breweries
Limited has cut the sod for the
commencement of two Water
Health Centres for Alogboshie, a
suburb of Achimota in the Ga West
Municipality, and Atebubu in the
Brong Ahafo Region.
The combined GH¢515,000
project is fully funded by GGBL and
the Diageo Foundation and will
provide access to clean potable
drinking water to over 40,000
inhabitants of both communities
under its flagship community
investment programme, Water of
Life.
This project brings to 9 the total
number of Water Health Centres
GGBL and Diageo Foundation have
sponsored across the country since
2012.
A Water Health Centre is a
miniature water treatment system
consisting of boreholes connected
to a reverse osmosis plant and a
housed ultra violet system to treat
water for communities.
What better place to spend
the New Year (2015) than the
beautiful South-Eastern Asian
country of Singapore, home to the
world’s most attractive tourist
sites?
With just a week to Christmas,
Microsoft Lumia, is offering
beautiful and exciting Singapore
to Ghanaians on a silver platter
through its “#MakeItHappen”
p r o m o t i o n ,
running now
till the end of
December.
With just a
‘selfie’ taken with
Lumia 530, 630,
535, 730, 830 and
930, and posted on
Microsoft Lumia
Ghana facebook
page, one stands
the chance of
going on an all-
expense paid
dream holiday to
Asia in the New
Year.
E x p l a i n i n g
the participation
process, Mr.
Kolawole Osinowo,
Business Manager,
Microsoft Mobile
Devices and
Speaking at the sod cutting
ceremony at Alogboshie, Richard
Ahiagble, Corporate Sustainability
and Responsibility Manager said,
“the selection of Alogboshie, a
community close to our Achimota
Brewery and Atebubu, where we
source local raw materials for
our production is in line with our
commitment to invest in enriching
communities in which we have
direct operations and source
locally. "
He revealed that last year, GGBL
invested in a Community Health
Post and the construction of a one
classroom block as part of our
employee volunteering programme
for the Alogboshie community.
He added that recent research
on the impact of the Water of Life
programme revealed the effect to
extend beyond the simple provision
of access to clean drinking water.
"The study shows that the
programme has contributed to the
reduction of water-related diseases
As part of celebration to mark its
second anniversary, the Royal Bank
in collaboration with Zoomlion
Ghana Limited undertook a cleanup
exercise at the Princess Marie-
Louise Children's Hospital in Accra.
The initiative was aimed
at exposing members of the
community to the importance of
maintaining a clean environment
throughfrequentcleanupexercises.
Management of staff of the
bank were seen sweeping and
cleaning gutters in an around the
hospital to prevent any outbreak of
communicable diseases.
The bank also donated an
amount of GH¢5,000, food stuff,
toiletriesandotheritemstosupport
the hospital upcoming Christmas
party.
Head of Strategic Planning,
Research and Corporate Affairs,
Dr. Kwame Baah-Nuako said
the decision to clean up is to
support government campaign on
sanitation.
He noted that the choice of the
Children's Hospital for the exercise
is to ensure children who are
more susceptible to communicable
Royal Bank marks 2nd anniversary
with clean-up exercise
diseases remain in good health to
enjoy Christmas
Dr. Baah-Nuako said as a people
centered bank, they always seek
to champion social activities to
improvethelivesoftheunprivileged
in society.
“The focus area for the Royal
Bank foundation is health and
sanitation so when we decided to
celebrate our second anniversary,
it came naturally to the bank to
do things that support what the
foundation is doing” he added.
Dr. Baah-Nuako promised their
continuous support for the Princess
Marie-Louise Children's Hospital.
Receiving the items and cash
donation on behalf of the hospital,
the Medical Superintendent, Dr.
Eric Sefah said the donation was
very timely as they prepare for their
Christmas party.
He stressed that the donation
will go a long way to bring a smile to
the faces of the children.
Dr. Eric Sefah made a passionate
appeal to corporate institutions and
individuals to support their bid to
provide a better health facility
Modern Ghana
from15%to3%inthecommunities
where a Water of Life project has
been placed. We hope that with
the construction of this facility, we
can create jobs and empower these
communities as well”, he added.
Ekow Blankson, Vice President
and Business Head of WaterHealth
International, Ghana added
“Guinness Ghana has partnered
with us to provide WaterHealth
centres to over 8 communities. The
feedback from these communities
has been great and the impact has
been tremendous. We are excited
to partner on these projects as
well and are happy at the level of
support we are already receiving
from the two communities. We
will be training and employing
residents from these communities
to operate and manage the facility
once completed – creating local jobs
and supporting livelihoods.”
The two projects are expected
to be completed by January 2015.
Modern Ghana
Service, Ghana, said, “to qualify
for the promotion, one has to
take a selfie with one or all of
the selected Lumia phones and
upload them to Microsoft Lumia
Ghana Facebook page with the
Hashtag #MakeItHappen #Ghana
#LumiaSelfie followed by the IMEI
number of the phone(s)
As part the campaign, market
activations are currently on-going
at selected Malls and shopping
centres including, the Telefonika
Store – West Hills Mall, Compu
Ghana Store, Marina Mall, and the
OSU Mall. Celebrity Juliet Ibrahim
the brand ambassador for the
#MakeitHappen Campaign will
also make an appearance at the
selected malls to part take in the
‘selfie’ sessions.
He disclosed that owners of the
top three ‘selfies’ shots will win an
all-expense paid trip to Singapore
with a partner. Mr. Osinowo urged
Ghanaians to make this year’s
Christmas a memorable one using
Lumia phones to capture all their
wonderful moments.
The Lumia range of 730 and
830 boosts a full High Definition
5megapixel front facing camera
for users to take perfect selfies and
share quickly and easily on their
social networks, while the Lumia
830 with its sleek and elegant
look, brings Microsoft’s flagship
style and performance to more
people with integrated Microsoft
experiences and superior
PureView imaging.
Modern Ghana
mONDAY | DECEMBER 22, 2014
6. FRANKLY SPEAKING06
By kirit sobti,
editor, iat
editor@indoafricatimes.com
A
fter epochs outside the global financial
mainstream, Africa is now becoming one of the
world’s most flying markets and a progressively
sought-after investment destination.
There are rich reasons for this striking
re-evaluation. African economies are escalating on the
back of growing commodity prices, trade and foreign
investment, while swelling consumer affluence is
serving to drive demand for goods and services.
What is more, the development to date is dwarfed
by Africa’s enormous potential for economic growth,
powered by continuing development in business
situations and increasing globalization. Also, while
many African nations endure to be held back by
matters such as political and civil instability, poverty,
poor infrastructure and concerns over governance,
more and more African countries are now getting over
with these barriers.
In nations across the world, understanding shows
that economic growth is intimately related to a strong
banking sector. Banking, through its fundamentally
vigorous role in funding an economy, lifts economic
activity. Other financial services companies also have
an imperative role to play, as suppliers of services and
developers of financial infrastructure. To deliver these
paybacks more efficiently in Africa, major banks and
insurers are now vigorously examining how best to
expand their impression there.
International Financial Institutions (IFIs) are
public investment and development institutions
possessed by their member governments that deliver
funding, technical help and
policy advice, research and
other non-financial support to
governments in “developing”
and “transition” countries.
Many IFIs also furnish
financing to companies
capitalising in the developing
world. IFIs, of which the
World Bank and IMF are the
best known, are the major
source of development
finance in the world, lending
between US$30 and $50
billion to low- and middle-
income countries each year.
These IFIs take on diverse
roles. Some provide loans and
grants to governments, for
definite projects or for policy reforms and technical
support. Others invest in private businesses or provide
guarantees (insurance) for private sector projects.
IFIs, and in particular the World Bank, are also
a foremost source of development “knowledge”
and policies, and de-facto standard-setters for
international finance and investment. Because of
their roles as lenders and as knowledge brokers, IFIs
exercise noteworthy inspiration over policy-making in
many countries across Latin America, Asia, Africa, the
Middle East, and Central and Eastern Europe.
IFIs shape the complete amount and composition
of development financing available to countries,
directly and indirectly. Research and analysis from the
World Bank and International Monetary Fund (IMF)
about a country’s economic policies often affect how
much other donors are keen to contribute or how
much businesses invest there. The role of the Bank and
Fund as “gatekeepers” for international finance and
credit is robust for aid-dependent countries without
credit ratings than for countries that have access to
A Continent Whose Time Has Come
Ebola has no passport;
it respects no borders. It is a
very dynamic epidemic. This is
why - on top of this work with
the WHO - the AfDB will invest
an additional $150 million to
assist its regional member
governments through budget
support operations in order
to pay health workers, equip
health centres, and create
jobs.Pierre Laporte,
The Minister of Finance, Trade
and Investment, Seychelles.
Mr. Donald Kaberuka,
President, AFDB.
The Board of Directors of the African
Development Bank Group, during its
ordinary sitting on Monday, December
15, 2014 in Abidjan, approved a
proposed ADF loan of US $39 million
to the Republic of Zambia, and a grant
of US $12 million from the Bank’s
Transition Support Facility (TSF) and
a grant of US $24 million from the
African Development Fund Regional
Operations (RO) envelope to the
Republic of Zimbabwe for the Kariba
Dam Rehabilitation Project.
The project involves the
rehabilitation of the Kariba Dam
infrastructure by reshaping the plunge
pool and rehabilitating the spillway. The
plunge pool will be reshaped in order
to dissipate energy from the spilled
water thereby reducing the energy on
impact and hence bedrock erosion which
could undermine the dam foundations,
leading to dam failure. The project will
rehabilitate the spillway gates to avoid
possible jamming in the open or closed
positions both of which would result in
dam failure and catastrophic regional
loss of lives, livelihoods, and billions
worth of assets and power.
The value-added of the Bank Group
in this project is being part of the donor
group to ensure adequate financing of
the project, as well as helping in the
design of additional technical and social
investigations to assure the technical,
social integrity and economic soundness
of the rehabilitation approach.
Specifically, the Bank Group has been
able to leverage internal resources under
the Transition Support Facility to fund
the Zimbabwe’s contribution to the
project costs when no other financier
was in a position to assist, demonstrating
strong commitment to being a
development partner to countries in
situations of fragility and transition,
contribute to mitigation of the risk to
fragility, ensuring human safety to both
Zambia and Zimbabwe and the region as
well as support the regional integration
agenda. The Bank is also contributing to
the creation of work synergy between
the Southern African Power Pool and
the Zambezi River Authority (ZRA) to
enhance regional integration.
The project will include a capacity-
building component which includes
training for technical staff of the ZRA and
skills transfer through the supervision
engineer and panel of experts. The
programme will strengthen ZRA’s
Emergency Preparedness Plan and also
includes a programme for improved
community emergency preparedness.
AfDB
AfDB approves US $70
million Kariba Dam
Rehabilitation Project
The reason the Cat
DDO, which is financed by
the International Bank for
Reconstruction and Development
(IBRD) is so significant is
because it provides immediate
liquidity when medium-sized
or cumulative disasters hit
Seychelles, as a result, we can
avoid diverting the funds originally
set aside for development
projects attending to the needs of
our country's poorest.
In nations
across
the world,
understanding
shows that
economic
growth is
intimately
related to a
strong banking
sector.
international capital markets.
Many IFIs, like the World Bank, uphold that the
intentions of their support for investment projects or
policy reforms in developing countries are to diminish
poverty and hearten sustainable economic growth.
Nevertheless, much of the money provided in the
name of development does not eventually help the
people most in need. In large part, this is because the
public has little say in development decisions.
First, international financial institutions furnish
financing - typically loans but also, in some cases, a
noteworthy grant element - to aid the country's
authorities reach aims agreed upon in discussion
with the former. The financing may upkeep specific
investments - in, for example, infrastructure and
capacity building - or it may be part of a sector-specific
or economy-wide adjustment program.
Second, international financial institutions support
national authorities' determinations to design policies
to attain specific economic and social targets. This
typically involves extensive consultations with both
officials and private sector representatives, and
between the headquarters and resident staffs of
the international financial institutions to identify
the bottlenecks and most important issues that the
country faces. These are usually followed on the
groundwork of a written report summarizing the
findings and proposed policy recommendations of the
international financial institutions' staffs. The policy
packages agreed upon may include funds or other
assistance precisely targeted on augmenting capacity
in social or economic areas.
Third, international financial
institutions boost the growth,
distribution, and acceptance
of internationally accepted
values and codes of good
practice in economic, financial,
and business activities. The
acceptance and implementation
of such standards and codes
add to the development and
enhanced functioning of domestic
institutions, which, in turn, can
benefit countries better integrate
themselves into the world
economy and help from growing
globalization.
Fourth, international financial
institutions provide training
on a multitude of topics. This training can take place
within the outline of a detailed project that a country
enforces with the provision of an international
financial institution - for example, projects calling
for reform of public enterprises, the civil service, tax
administration, or the financial sector. It can also
be delivered in courses, workshops, and seminars
untaken by the training institutions of international
financial institutions.
And, fifth, international financial institutions
cooperate - in Africa and other regions - with
regional training and research institutions (including
the African Capacity Building Foundation and the
African Economic Research Consortium) to simplify
knowledge transfer; train economic analysts, officials,
and "trainers"; and support economic research.
Whereas international financial institutions can
play a noteworthy role, it is important to underscore
that they should play only a supporting role and that
the countries themselves should, and do, have the
primary accountability for building their capacities.
MONDAY | DECEMBER 22, 2014
7. TRAVEL&tourism 07
The Mesmerizing Malabo
Malabo is the capital city of Equatorial
Guinea. Found on the edge of this city is a
deep-set volcano. This site has endorsed
Malabo to have an exceptional terrain and
wildlife, combined with the buzz of being an
African capital city.
The Santa Isabel Cathedral is a must-see
for all visitors to the African city, positioned
in the Plaza de España. The cathedral is
built in a Gothic-Spanish style, and makes
available a contrast to the architecture
around it. The Presidential palace is situated
in the same square, and is worth a visit as
well. Positioned on a volcano, Malabo offers
sights such as craters and lakes that cannot
be seen elsewhere.
The beaches are a widespread leisure or
weekend spot for locals and tourists alike,
and a day must be certainly be spent on the
beach.
Getting Around Equatorial Guinea
Air: There are flights between Malabo
and Bata every day except Sunday; it is
advisable to book in advance. Iberia (IB)
(website: www.iberia.com) operates direct
flights from Madrid to Malabo. Cameroon
Airlines (UY) operates regular flights to
Malabo from London, Paris and Rome.
Other airlines serving Equatorial Guinea
include Air France, Brussels Airlines, British
Airways, KLM, Swiss and Spanair.
Road: Bush taxis connect Malabo with
the islands two other main towns, Luba and
Riaba, and also run from Bata to Mongomo
and Ebebiyin; they can be hired hourly or
daily.
Water: There is a ferry
between Malabo, Bata and
Douala. The trip takes
about 12 hours.
There are
It’s
UNTOUCHED
100%
E
quatorial Guinea is a country of luscious vegetation and beautiful scenery, including tropical forests and snow-
capped volcanoes. The capital, Malabo, is a rather rundown but attractive town, with pleasant Spanish colonial
architecture, a striking volcanic setting and a lively market. The white-sand beaches around the islands are
stunning. No wonder the country was first of all named 'Formosa', meaning 'beautiful', by the Portuguese.
The area was first colonized by the
Portuguese in the late 15th century
and handed over to the Spanish
in 1788. Self-government was
granted in 1959, followed by full
independence in 1968.Its economy
has expanded rapidly following the
discovery of oil and gas deposits
in the Gulf of Guinea, though little
of this wealth has trickled down to
the general population.
four classes of fare.
Shopping in Equatorial Guinea
Markets sell local produce such as beans,
rice, fruit, vegetables, oil and bush meat as
well as fabric and clothing in traditional
African prints, hardware and local crafts.
However, prices may not be much cheaper
than at home because many goods have to
be imported from the mainland. Expect to
barter in the markets.
Where to stay in Equatorial
Guinea
Malabo, Bata, Luba and Ebebiyan offer
several hotels of variable standards. In
Malabo, there are also a few hostels offering
basic cheap accommodation with shared
bathroom facilities (two of which are located
in Avenida de las Naciónes).
A Luxurious Leisure Experience
Awaits You!!
If you’re captivated by Mother Nature,
Equatorial Guinea is your Dreamland.
Offering a variety of things to do with a
splash of vibrancy, Equatorial Guinea has
all of the benefits of a nation which strive
to fascinate inbound leisure tourists, in
particular prosperous inbound tourists.
The amalgamation of pleasant weather,
African rhythms and Spanish flair makes for
a great day. Its many high-class hotels and
solid infrastructure, pooled with glorious
natural sites and unspoiled beaches make
Equatorial Guinea eye-catching for luxury
leisure tourists.
It’s Finger Licking Good!!
Equatorial Guinea has many yummy and
delicious foods. Distinctive to most West
African countries in the continent, they use
peanuts, tomatoes, cassava, yams and a
few treats, like monkey
meat, that
isn't readily
a v a i l a b l e
in the US -
even from an
o u t l a n d i s h
meat vendor.
C u s t o m a r y
b r e a k f a s t
foods include:
boiled yams or cassava, bean
cakes and ground millet porridge, which is
very similar to grits. French food is common
in Malabo, and some of the hotels can make
available very genuine French cuisine. Local
food is simply available by the roadside.
A safer play would certainly be the hotel
cafeteria or
restaurant, where
a dish of smoked beef and pepper is the
prevalent national dish.
Malabo:Thesmallbutstriking
capital city abounds in
Spanish colonial architecture
and pleasant open plazas.
The bustling market and the
Spanish Colonial Center are
worth a visit.
Climbing Volcanoes: The
spectacular Pico Malabo
volcano is an easy day trip
from the city of Malabo.
Arrange an expedition to take
in its breathtaking views.
Beaches: The area around
the mainland city of Bata
boasts several beautiful and
undeveloped beaches. Those
at Mbini, just 32 miles (51.5
kilometers) south of Bata, are
particularly gorgeous.
Local Liquors: Malamba,
made from sugarcane, and
osang, a type of African tea,
are the national drinks. Locally
brewed beer and palm wine
are also abundant.
Market Shopping: Markets
can be found in most cities
and towns. In addition to
local produce, bush meat, and
textiles, many markets feature
local handicrafts.
Monte Alen National Park:
This Park’s tropical forests are
home to gorillas, elephants,
chimpanzees, and many other
creatures. Hire a local villager
for a guided day trek through
the park’s 870 miles (1,400
kilometers) of rain forest.
Bata Nightlife: This mainland
city may feel small by day,
but its nightlife is impressive.
Be prepared for a long night;
nightclubs typically don’t get
going until quite late and are
still jumping in the wee hours.
Moca Valley: Situated in the
southern highlands of Bioko
Island, this valley is home to
the indigenous Buki people
and offers plenty in the way of
hiking and flora sightseeing.
Annobon: Head to the island
of Annobon to see three of
the country’s most famous
mountain peaks, Pico del
Fuega, Pico Centro, and Pico
Surtado. Pico Surtado, the
southernmost peak, is an
inactive volcano whose crater
now contains an impressive
lake.
Arena Blanca: If you visit
during the summer, Arena
Blanca is a must-see. Its white-
sand beaches are dazzling and
enjoyable year-round. They
literally come alive in the
summertime with thousands
of butterflies that nest there
seasonally.
1
2
3
4
5
6
7
8
9
10
What to Do in Equatorial Guinea
mONDAY | DECEMBER 22, 2014
8. TALKINGTECHNOLOGY08
M/s Power
Engineering (India)
Pvt. Ltd. (PEIPL) and
Power Engineering
Sales Ltd., UK
(PESL) are flagship
companies of the Pai
Kane Group.
PEIPL is a leading
manufacturer of diesel generators
sets, gas generators sets, lighting
towers, electrical panels and
compact substations - all with the
'Pai Kane' brand. These products,
though world-class in quality, are
competitively priced.
Pai Kane also supplies
pumps/pump-sets, ups, inverters,
stabilizers, pressure transducers
/transmitters, compressors,
HT panels, welding machines,
blocksets and switchgears.
PEIPL exports its products to
over 30 countries of the world,
which include some African
countries. With over 15 years of
experience in the field of power
generation, its current
m a n u f a c t u r i n g
capacity for gensets is
15,000 sets per year,
with a range from 5
kVA to 3000 kVA.
PEIPL has been
an OEM for leading
engine brands, such as Perkins –
UK, Volvo Penta – Sweden, MAN-
Germany, Doosan - Korea, MTU
- Germany, Mitsubishi - Japan,
Maxxforce (Mahindra Navistar) -
USA, Lombardini - Italy, Escorts
- India; as also for the leading
alternator brands such as
Stamford, Leroy Somer and Mecc
Alte.
For its natural gas gensets, it
partners with Perkins - UK for the
range of gas gensets from 350
kVA - 1250 kVA and with Doosan -
Korea for the range of gas gensets
from 135 kVA to 350 kVA.
With its own in-house design
capabilities, PEIPL provides
complete turnkey solutions right
from design - through
assembly, auxiliary
m a n u f a c t u r i n g
(synchronizing panels,
control panels, base
frames, acoustics etc),
supply, installation
and commissioning - to
maintenance. PEIPL
offers standard, as well
as customized, diesel
and natural / bio-gas
gensets to its customers
in Middle East Asia, South East
Asia, and rest of Asia, Africa
and Europe. Its manufacturing
facility is one of the few in the
world to be DNV certified for ISO
9001:2008 , ISO 14001:2004 for
and OHSAS 18001:2007 - for its
integrated Quality, Environment,
Occupational Health and Safety
System.
Having adopted the Toyota
Production System across the
organization, the company
has invested in state of the
art technology to ensure that
consistently high quality products
are churned out. PEIPL has
supplied innumerable gensets
to almost every single sector of
human endeavor/construction
:residential complexes, hotels,
educational institutions, medical
institutions, banks and their data
centers, telecommunication, retail
chain, various infrastructure
projects of the government and
non-government agencies etc.
Pai Kane brand generators
are designed to meet the future
demands of the power generation
industry for clean and efficient
power, offering high performance,
dependability and reliability,
while meeting the increasingly
stringent emission requirements
of the market. PEIPL's
comprehensive, value-engineered,
power generation solutions,
coupled with its process-oriented
skilled workforce, have a one-
point agenda, “Customer Delight”.
For this, PEIPL has embarked on a
Get Uninterrupted Power Solutions
process of innovative techniques
and solutions. It designs its
power products to meet future
demands of the power generation
industry: clean and efficient
power, high performance,
dependability, reliability and
meeting increasingly stringent
emission requirements. It
offer not just products, but
comprehensive, value-engineered,
power generation solutions
using innovative techniques
and process oriented skilled
workforce.
visit www.paikane.com
for more information. Should
you need any solutions or any
products that PEIPL could give
you, you may write to
sales@paikane.com
MONDAY | DECEMBER 22, 2014
9. TRYSOMETHINGNEW 09
Ingredients
2 onions, roughly chopped
30g butter, plus extra for greasing
500 g free-range beef mince
salt
Black pepper, freshly ground
2 slices brown bread, crusts trimmed
315ml buttermilk
4 free-range eggs
65ml dried apricots, finely chopped
1 apple, peeled and grated
65ml seedless raisins
2 tsp sugar
1 Tbsp mild curry powder
Bay or lemon leaves
1/4 tsp turmeric, ground
upcoming
Hardships often prepare ordinary
people for an extraordinary destiny
THOUGHT OF
THE WEEK
'Adding muscle to your
Business' - FICCI-CMSME
workshop for MSMEs
The workshop is aimed to
deliver simple methods by
which MSMEs can strengthen
their business. These methods
encompass understanding of
brands and branding, the tools
of marketing such as marketing
strategy, business planning,
digital strategy, etc. To achieve
these objectives a participative
methodology is used, that
combines putting practical
exercises into practice and
using equipment and tools to
strengthen the theory sessions
with the help of Knowledge
Partner BENEFFECT.
Date: 22 Dec, 2014
Venue: FICCI, New Delhi
Delhi HR Conclave -
Diversity Promotes
Creativity : Fundamental
Legal Advice to Industry
on HR Matters
Organizations are operating in
an extremely interconnected
world today. This has
increased the complexity for
HR too, as it needs to cater to
the needs of an increasingly
diverse workforce. HR is a
relatively young field, and there
are significant challenges to
its future. The role of human
resources has been evolving
for some time. The Conclave
would extend an opportunity
for individuals associated with
the field of HRM, namely the
corporate managers, faculty
members and students, to
learn and interact with the
eminent panelists.
Date: 23 December 2014
Venue: India Habitat Centre, New
Delhi
Seminar on empowering
SMEs through addressing
their financing needs
The objective of this seminar is
to enable SMEs to benefit from
various new financing schemes
of our partnering banks and
financial institutions through
CII Finance Facilitation Centre.
The seminar will bring in all
key stakeholders under one
roof and provide a platform
for the SMEs to interact with
our partnering Banks/Financial
Institutions.
Date: 23 Dec, 2014
Venue: Hotel Taj Gateway,
Visakhapatnam, India.
Investor Conclave
The objective of the conclave
is to highlight Nagpur’s latent
potential as a hub of future
investments. The agenda is
designed to benefit both the
Investor community and the
local industry, with the aim to
create a sustainable long term
platform between investors and
industry. The Honorable Chief
Minister of Maharashtra Mr
Devendra Fadnavis would give
the inaugural address; senior
officials from Government,
Industry and leading thought
leaders will also address
the conclave during various
sessions.
Date: 28 Dec, 2014
Venue: Chitnavis Centre, Nagpur,
India.
Prepration Method
1. Preheat the oven to 180°C.
2. Gently cook the onion in the heated butter until meltingly
soft and golden.
3. Add the beef mince and pan fry for 5 minutes with the
onion.
4. Season to taste.
5. Tear the bread into bits and mash it with 65ml of
buttermilk and 1 beaten egg.
6. Mix the apricots, apple, raisins, sugar, curry powder
and bay leaves and then mix it with the mince and
bread.
7. Turn into a buttered baking dish (one large dish or
individual dishes).
8. Beat the remaining 2 eggs with the rest of the buttermilk
and the turmeric, and pour over the spiced meat
mixture.
9. Bake for 20 minutes or until the topping is set and
golden.South Africa's indigenous cuisine
BOBOTIE
Health benefits
of MEDITATION Think
Nail it…
There are about
280,000 windmills
on farms across
South Africa, second
in number only to
Australia
south africa
The Vice President, Shri Mohd. Hamid Ansari being presented a book titled “Life of Muhammad” authored by the
President of the Tunisian Academy of Sciences, Mr. Hichem Djait, by the Ambassador of Tunisia to India, Mr. Tarek
Azouz, in New Delhi on December 15, 2014.
picture of the week
• It lowers oxygen consumption.
• It decreases respiratory rate.
• It increases blood flow and
slows the heart rate.
• Increases exercise tolerance in
heart patients.
• Leads to a deeper level of
relaxation.
• Good for people with high blood
pressure as it brings the B.P. to
normal.
• Reduces anxiety attacks by
lowering the levels of blood
lactate.
• Decreases muscle tension
(any pain due to tension) and
headaches.
• Builds self-confidence.
• It increases serotonin production
which influences mood and
behaviour. Low levels of serotonin
are associated with depression,
obesity, insomnia and headaches.
• Helps in chronic diseases like
allergies, arthritis etc.
• Reduces Pre- menstrual
Syndrome.
• Helps in post-operative healing.
• Enhances the immune system.
Research has revealed that
meditation increases activity of
'natural-killer cells', which kill
bacteria and cancer cells.
• Also reduces activity of viruses
and emotional distress.
1. A man is standing in
front of a painting of a
man, and he tells us the
following: Brothers and sisters
have I none, but this man's father
is my father's son. Who is on the
painting?
2. It is dark in my bedroom and I want
to get two socks of the same color
from my drawer, which contains 24
red and 24 blue socks. How many
socks do I have to take from the
drawer to get at least two socks of
the same color?
3. A hunter leaves his cabin early in
the morning and walks one mile
due south. Here he sees a bear
and starts chasing it for one mile
due east before he is able to shoot
the bear. After shooting the bear,
he drags it one mile due north back
to his cabin where he started that
morning. What color is the bear?
4. A certain street contains 100
buildings. They are numbered from
1 to 100. How many times does the
digit 9 occur in these numbers?
5. Consider two cans, the first
containing one liter of milk and the
second containing one liter of water.
Suppose you take one cup of milk
out of the first can and pour it into
the second can. After mixing, you
take one cup of the mixture from
the second can and pour it back into
the first can. Which of the following
statements holds now?
Answers:
1) His son, 2) 3, 3) White, 4) 20, 5) There is as much water in the first can as there is
milk in the second can.
mONDAY | DECEMBER 22, 2014
10. THEFASHIONISTAS10
I
t was all laughter and fun as
the Comedy Knights treated
comedy lovers to an overdose
of their rib cracking jokes at Kigali
Serena Hotel in a show dubbed,
“Comedy Jam Holiday Special.”
The show started with an
energetic dance performance by
the Kimisagara-based dance crew
Snippers, who curtain raised for
the first comedian on stage Big
Brother Hotshot Arthur Nkusi,
aka Rutula kalokalo.
Arthur’s jokes were largely
about his time in the Big Brother
Africa House.
Later, his colleagues Babou
and Micheal Sengazi, and the
founder of Crackers comedy
Alex Muhangi and Kigingi, from
Burundi, took to the floor and
made a laughter stampede.
Speaking to The New Times,
Jerome Uwonkunda, the manager
of Comedy Knights, said, “The
reason we organised this show
is because we wanted to give a
C
elebrity Kingking PY Addo Boateng, has won the
maiden edition of the Frytol Oil Celebrity Cook-
off which was held on Saturday at the Yiri Lodge,
University of Ghana campus.
The Frytol Xmas Celebrity cook-off saw Ghana’s
favourite actress Jasmine Baroudi and a man who is no
stranger to our screens PY Addo Boateng go head to
head with chefs from African Sun Amber Hotel, Accra.
PY beat Jasmine by margin of public votes and
tasting of food by Chefs from African Sun Amber Hotel,
Accra.
PY won the day with the Recipe, Beef Filet with
Sauteed Potatoes and Vegetables.
Event host Naa Ashorkor was with both teams
and learned how they made their dishes and learning
about our celebrities pet hates, passions and digging
into their personal lives.
In an interview with newsmen, Fatima Ali
Mohammed, MD for Wilmar International, producers
of Frytol, said the company is seeking to create
awareness about the Frytol brand in a more unique
and fun manner.
The Frytol brand is most loved in Ghana and we
are using celebrities to create awareness by engaging
them in fun food cooking activities, she said.
She also revealed that the event is going to be an
annual affair with change in venues from year to year.
Frytol Xmas Cook-off is a fun food competition
seeking to create awareness about the Frytol brand
and exploring all the different dishes that can be made
with Frytol product.
This event was organized by Sixth Sense Manifesto.
Modern Ghana
Two of the best out of Africa,
have been announced by the
International Committee of
All Africa Music, AFRIMA, to
host the 2014 edition of the
AFRIMA awards. They are
Democratic Republic of Congo
“French speaking hottest” female
broadcaster and music presenter,
Madinga Sona Maria and Nigerian
legendary contemporary music
star, 2Face Idibia. The two are
the co-host of AFRIMA award
ceremony holding in Lagos Nigeria
on Saturday, December 27, 2014
at the prestigious grand ballroom
of Oriental Hotel, Victoria Island,
Lagos.
Speaking about the
collaboration between the two
popular hosts, Executive Producer,
AFRIMA, Mr Mike Dada, said, “The
award ceremony is going to be
explosive with 2Face and Madinga
Sona Maria, two accomplished
creative Africans, holding sway
and guiding our distinguished
guests and nominees through the
programme. We promise to bring
toAfricaelectrifyingperformances
from our nominees and invited
guest performers. Then add this
to the famous faces and glamour
of the African icons on the first-
of- its-kind red carpet activity…It
is going to be a spectacular show!”
Mandinga Sona Maria is a
beauty to behold with a towering
height of 1.78m. Mandiga who
looks every inch a model is the
hottest female broadcaster in
Kinshasa Democratic Republic of
Congo. Her musical show, Cite de
Comedy Knights cracks ribs at Serena
special time to our fans. We will
be doing a big show every three
months and will be bringing in
renowned comedians from South
Africa or Nigeria.”
“We want to thank our
partners KFM and Serena Hotel
who made it possible for us to
stage this show; the next show
will be at Christian Life Assembly
2Face, Madinga to host
2014 All Africa Music Award
Star is the biggest music show in
Democratic Republic of Congo. A
combination of beauty and brain,
Mandinga presents her musical
show on Digital Congo Television
and Radio. She is also a performer.
A truly home grown music star,
2Face Idibia is one of the most
decorated and successful Afro
pop artist in Africa. He is one of
the most bankable artists in the
continent. 2Face has received so
many awards among which are
MTV Europe Music Award, World
Music Award, Headies Awards
(Hip-hop award), Channel OMusic
Video Awards, and BET award for
his musical works, MTV Africa
Music Awards, MOBO award,
KORA award, and numerous
additional nominations. 2Baba,
the stage name 2Face recently
adopted, started his musical
career with the Plantashun Boyz
and together the group recorded
two successful albums, Body and
Soul and Sold Out. He went solo
in 2004 and came out with his
first solo album titled Face to Face.
His latest album was released this
year titled The Ascension and it
features other artistes across the
continent.
On hosting 2014 AFRIMA
2Face expressed his excitement
when he said, “I am happy to be
part of this history making event. I
am delighted to host Africa, Africa
is the future. I welcome Africa and
the world to AFRIMA here in the
beautiful city of Lagos, Nigeria.
Let’s celebrate Africa together! ”
With 2Face and Mandiga
anchoring the event, combined
with the grandeur of the Grand
Ballroom of Oriental Hotel with an
African ambience, truly AFRIMA is
set to host Africa and the world.
In partnership with the
African Union Commission, the
2014 All Africa Music Awards will
be a festival style open concert
of non-stop music, fanfare and
fashion exhibition from countries
across Africa and performances by
African artistes.
AFRIMA is proudly supported
by ONE, Africa 2.0, Nigeria’s
Federal Ministry of Industry, Trade
and Investment, Nigeria’s Federal
Ministry of Culture, Tourism
and National Orientation, and
PRMAFRICA. It is being sponsored
by Kenya Airways, Procter and
Gamble, Peugeot, Diamond Bank,
Uber among others.
AFRIMA is aimed at
communicating the strength of
Africa to the rest of the world for
global competitiveness.
AFRIMA for hope, for
celebration!
Modern Ghana
Wins Maiden Frytol Celebrity
Cook-Off
Celebrity Kingkong PY
Church in Nyarutarama, on
December 26.”
Walter Kagaba, a fan, said:
“I was very impressed by the
performances, initially I thought it
was just another performance but
it turned out to be pretty amazing.
I’m looking forward to attending
their next show.”
New Times
MONDAY | DECEMBER 22, 2014
11. SPORTS2WATCH 11
T
he Ghana FA have been
instructed to revise its
budget for the 2015 Africa
Cup of Nations due to contrasting
views over the Black Stars' pre-
tournament camping base.
Reports are rife new Black
Stars coach Avram Grant prefers
to have the team camped in Spain
ahead of the tournament.
The GFA have however
earmarked locations in the UAE
or South Africa to hold the team's
pre-tournament camp.
A budget was sent to the
Sports Ministry for consideration
based on 'past experience' with
respect to the camping site for the
Black Stars.
But Sports Minister Mahama
Ayariga has asked the GFA to revise
its budget to accommodate the
camping preference of the coach.
“The GFA brought a budget
based on past experience,” Ayariga
said.
“[The camping site] appears to
be different from what the coach
wants so I asked the GFA to go
back and revise the budget.
“The amount [of revised
Juventus and Andrea Pirlo were
the big winners in the Gran Gala
del Calcio, but Napoli boycotted
the ceremony.
The votes for the best players
of 2014 were provided by the AIC -
the Italian Players' Association.
Scudetto winners Juve were
voted Team of the Year, while Gigi
Buffon, Kwadwo Asamoah, Andrea
Barzagli, Paul Pogba, Pirlo, Arturo
Vidal and Carlos Tevez joined the
Best XI. Pirlo was singled out as
Sports Minister instructs Ghana
FA to revise 2015 AFCON budget
over contrasting camping base
Nations Cup 2015: Equatorial Guinea preparations underway
Italy's best: Asamoah voted into Serie A team of the year
budget] could be higher based
on traveling changes due to the
changes in the camping base.”
The Ghana FA's decision to
camp in the UAE is believed to be
influence by the high probability
of securing friendly matches with
African teams with most of them
also looking to camp around the
same location. A similar situation
prevailed ahead of the 2013 Africa
Cup of Nations where most African
teams camped in the UAE ahead of
the competition in South Africa.
The Black Stars secured
friendlies against North African
giants Egypt and Tunisia ahead of
the tournament.
Favourable weather conditions
and superior training facilities in
the Gulf state also enforces the
GFA's preference but Avram Grant
appears to have a contrasting view.
Ghana must prepare
adequately to face the strong
challenge of Group C where they
will be battling Senegal, South
Africa and Algeria when the
competition kicks off in Equatorial
Guinea in January.
Modern Ghana
CAF took the finals away from Morocco,
who had demanded a delay due to their
fears over Ebola. The stadiums in Malabo
and Bata were both used as venues
when Equatorial Guinea co-hosted the
2012 Nations Cup with Gabon. However
work needs to be done on the grounds in
both Ebebeyin and Mongomo.
“The turf for Mongomo and Ebebeyin
stadiums is going to be brought by plane
from Europe,” one of the supervisors told
the BBC. Work also needs to be done on
the stadium structure and other facilities,
but all those involved in the preparations
are confident the work will be completed
in time. “Time is a big challenge but the
good thing is that it's not new for us to
work against time,” said Francisca
Obiang Jimenez, the president of the
Office of National Projects, who was
there supervising the works.
The new highway built to connect
Bata and Mongomo.
“We have built almost an entire
city, Sipopo, in about two years and
we've also built a highway.
The new highway means you
can travel from Bata, on the coast, to
Mongomo, located near the eastern
border with Gabon, in around two
hours. While the stadiums look set
to be ready in time, having enough
accommodation could be a challenge
for the organisers in both Mongomo
and Ebebeyin. Some of the social
housing buildings that could be used for
accommodation during the Nations Cup
Ebebeyin has only one large hotel
of international standards.
The government and organisers
are also taking measures against the
possibility of the deadly Ebola virus
getting into the country. Fans being
screened for Ebola at the Bata Stadium.
All passengers arriving at Malabo
airport from abroad are having their
temperature checked. There was also
an Ebola screening exercise at Bata
stadium, before a match of the CEMAC
(Economic Community of Central
African States) Cup, which is currently
being staged in Equatorial Guinea.
“During the Cup of Nations, there
will be other controls and this kind of
protection will be happening further
away from the stadium,” a local fan,
Juan Esono, told us.
A Cameroonian working at the
Mongomo stadium told BBC Sport:
“I've been checked many times for
Ebola when crossing the border near
Ebebeyin. So I don't think there will be a
problem with the virus here.”
Modern Ghana
Player of the Year thanks to his
performances for the Bianconeri.
Gonzalo Higuain was voted
best centre-forward, but Napoli
President Aurelio De Laurentiis
refused to let his players attend the
ceremony.
Ciro Immobile won the award
as best right-sided striker and
Capocannoniere due to his time at
Torino, though he joined Borussia
Dortmund over the summer.
Matteo Darmian of Torino was
best right-back, while ex-Roma
defender Mehdi Benatia beat
Giorgio Chiellini and Davide Astori
to the best centre-back trophy.
Antonio Conte received the
award as Coach of the Year ahead
of Rudi Garcia at Roma and
Fiorentina's Vincenzo Montella.
AIC Best XI: Buffon; Darmian,
Barzagli, Benatia, Asamoah; Pogba,
Pirlo, Vidal; Immobile, Higuain,
Tevez.
Modern Ghana
mONDAY | DECEMBER 22, 2014
12. ENCOUNTER WITH EDITOR12
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
What do you think African countries
should do to give their population
the technology they want such as the
broadband services?
The priority should be to invest
in the foundations and infrastructure
from which people can access services
that enhance and add value to their
lives – TV has proved itself over the last
50+ years as a medium where users
can access information, education and
entertainment from a single platform.
Digitization is essential to enable
operators to transit their users in
engaging more and scalable TV services
– from enhancing traditional linear
broadcasts, to push-VoD and catch-up
TV. Increasingly users today use the
internet to access the services they
want being their location, and how they
want too; Africa’s unique geography
and demographics mean that whilst
fixed infrastructure can be deployed
in the main cities, wireless broadband
(3G and now 4G LTE) is fast becoming
the most viable technology for bringing
the internet to rural populations.
Infrastructure needs investment and
regulation to ensure open and fair
accessibility for all users – this will
need private companies and public
bodies to co-operate and build the
technology eco-system that enables all
Africans to benefit.
What are the key features of DStv's
Explora decoder and what are the
local manufacturer companies
getting involved in this partnership
to produce them locally?
Although Explora has been designed
with Internet connectivity keeping in
mind a major feature of the Explora
that is its ability to provide subscribers
with the same experience as they would
get in a market where broadband is
readily available and affordable but
without the need to use the internet.
This is achieved through expanding
the amount of video on demand
content stored, with content delivered
over satellite stored on Explora via a
dedicated tuner.
What have been the challenges they
were facing so far when considering
local reality in terms of capacity?
There have been a number
of challenges in establishing full
manufacturing capability for Pace
products, these have been from
establishing supply chain, to instilling
world-class manufacturing processes
and procedures throughout maintaining
product quality standards Pace and our
customers expect.
This has very much been a phased
approach with our operations team
working with our local manufacturing
partner from day 1 – establishing
production work flows, quality
processes, moving from assembly
to full surface mount technology
manufacturing, ramping capacity step
by step, to the point where we now
have a fully operational capability to
produce STBs for the South Africa and
wider African market from our East
London facility.
Whilst some of the core electronic
components (silicon for example) still
need to imported, Pace are committed
to sourcing as much material as
possible locally, not only supporting the
local economy but helping to reduce
lead-time and a value add supply chain
for our customers. We have engaged
with local companies for the supply of
plastics, printing, and packaging and
continue to review suppliers against
bill of materials.
How will some African countries
and population benefit from these
technologies since they are produced
locally?
Pace are 100% committed to
Africa. That commitment comes with
responsibility and accountability that
we do the right thing when it comes to
ensuring local people not only benefit
from our products and services, but
also have a chance to become part
of growing that success across the
continent. Our manufacturing facility
in East London not only creates
employment within the region, but also
gives people the opportunity to become
skilled in the manufacture of high
volume consumer electronics, skills
that give them future mobility across
the industry and also educate and up
skill their colleagues.
In a many parts across the Sub-
Saharan African region, rural
markets are not attractive for
products such as these PACE digital
TV technology which are instead
focusing on urban areas? What do
you think are the main barriers for
this mind set change?
Pace is a global player across a wide
variety of international markets from
advanced to emerging, specifically Pace
is investing in a number of products
that will help Africa with digitalisation
in bring entry-level TV and broadband
services to rural areas. Rapidly evolving
markets such as Brazil, APAC, Russia/
CEE and Africa are where we have an
opportunity to get people onto the first
rung of the digital ladder – whether TV
or Internet – by helping them with their
first step, maybe, people will stay loyal
for the second and third steps.
The lack of both financial and human resource skills emerged a need to enable the transition from the old analogue television
broadcasting system to a modern digital system by 2015 as instructed by the International Telecommunication Union (ITU), is
said to advance at slow pace in many countries across Africa. Although the television has proved itself over the last 50 years as
the sole medium where users can gain information, education and entertainment from a single platform, there is still a challenge
to engage subscribers with this technology, Darren Granger, the Regional Sales Director at Africa at PACE, one of the a leading
technology solutions provider to the PayTV and broadband service industries told Indo Africa Times in an exclusive interview.
Enhancing Business in Africa
Darren Granger
Regional Sales Director,
Africa at Pace
MONDAY | DECEMBER 22, 2014