Tag: Africa

  • UN group: green industrialisation vital for Africa’s growth

    The United Nations Economic Commission for Africa (UNECA) says green industrialisation is imperative for Africa’s economic development.

    UNECA Director for the Southern Africa sub-region, Said Adejumobi, stated this in Lusaka, following the release of the organisation’s 2016 Economic Report on Africa titled: “Greening Africa’s industrialisation.

    According to him, Africa needs to embrace green industrialisation if it is to experience sustained economic development.

    “Although we are the least contributor to global carbon emission, we have been one of the worst, if not the worst hit, in terms of its consequences.

    “The El-nino phenomenon which has caused drought and virtual food shortages in southern Africa compels us to think and act smartly,’’ he said.

    Adejumobi said this has challenged the continent to think proactively or being ahead of the game in addressing the challenges, the problem of global warming, climate and environmental degradation.

    He said green industrialisation would become good economics in the long-run because it would enhance efficiency and cheaper productivity.

    The director challenged Africa to embrace green industrialisation because it would position the continent on the cutting edge of science and technological innovation that may change the fortune and position of the continent in the global economy.

    “If Africa seizes the initiative and invest early in green technology and education and provide good incentives for private firms to adopt green technology, then Africa could have succeeded in promoting economic transformation and leap-flogging its development.

    He said the report has highlighted that Africa was poised for growth through green industrialisation, with case studies of projects in several countries.

    The countries include Kenya and Malawi, showing how countries could develop through green industrialisation.

    Adejumobi, however, identified lack of infrastructure conducive for greening Africa’s industrialisation process.

    He said it also acknowledges the willingness of African governments to transition from coal to greener pathways of development.

  • ‘Africa spends $35b on food importation yearly’

    The International Fund for Agricultural Development (IFAD) has said Africa spends $35 billion on food importation yearly.

    IFAD made this known in a statement to reporters in Abuja. The statement quoted its President Mr. Kanayo Nwanze as saying this at the opening of a three-day ‘African Union-European Union Conference of Ministers of Agriculture’.

    The conference tagged: ‘Investing in a food secure future’ was convened by the Government of The Netherlands to discuss how to deepen cooperation between Africa and Europe to mutually invest in food and nutrition security.

    Nwanze said investing more in Africa’s rural areas will stem the flow of economic migrants and minimise the acts of desperation that makes the continent’s newspaper headlines.

    His words: “People are leaving the rural areas of Africa because they can’t find jobs or feed their families and the ripple effects are felt here in Europe. The irony is that Africa spends $35 billion a year on food importation; it is time to stop creating jobs in other countries and redirect that investment to their own agricultural transformation.”

    Nwanze added that Africa had enormous potentials and contained half of the world’s uncultivated land suitable for growing food crops, and that only five per cent of it was irrigated.

    The IFAD president said Africa could easily double its productivity in the next five years simply by making better use of its existing farmland.

    He explained that this could turn farming into a sustainable and profitable business and lift millions of rural Africans out of poverty.

    Nwanze added that lifting millions out of poverty would make migration a choice rather than a necessity.

  • Lafarge Africa commits to safer environment

    Lafarge Africa commits to safer environment

    •Inaugurates logistics academy

    Lafarge Africa Plc has pledged further commitment to ensuring safer environment in its business operations.

    To this end, the firm, last week, inaugurated a logistics academy at its Ewekoro cement plant in Ogun State.

    The academy to train and upgrade  drivers’ skills, transport firms’ owners, employees and other stakeholder groups in the logistics process of its cement business, is situated across four locations in three regions of the country where the firm operates.

    According to the Managing Director, Lafarge Africa, Mr. Michel Puchercos, the academy is in line with the company’s vision to build a stronger Nigeria safely, ethically and sustainably through innovative construction solutions.

    “One of the ways to achieve this is through the safe delivery of our products across the country. We commit to operational excellence, enhanced  quality of logistics services, strong road transport safety management, and attainment of our overall safety objective of Clean, Green, Zero Harm environment,” he stressed.

    Puchercos explained that the initiative would impact the firm’s business positively and aid in achieving the desired Operational Performance Improvement.

    The scheme, he further said, would focus on three ‘Ps’- People development; Process efficiency and Performance improvement – factors, he explained, are driven by the pillars of drivers training and development, contractors/transporters development, and logistics staff training and development.

    The Logistics Director, Lafarge Africa Plc, Mr. Hans Mielants, argued that the majority of accidents   on the roads were avoidable. This, he said, was why key logistic stakeholders must continue to develop the requisite skills and constantly enhance their levels of professionalism, which will ultimately make the environment safer.

    He said the Lafarge Africa Plc, is, through this initiative, proactively closing this gap and raise the required level of proficiency for sustained improvement of business and the environment.

    It will be recalled that the firm, in May 2014, launched a Drivers’ Academy for the engagement of certified drivers, who would have passed through a systematic qualification process.

    The successes recorded from this effort, as well as the urge to continue to improve its safety records, Puchercos explained, culminated in the launch of the more, inclusive Lafarge Africa Logistics Academy.

  • Africa prepares for single air transport market

    Nigeria, Egypt, Morocco, South Africa, Rwanda and Zimbabwe are set to meet a single air transport market target by the end of next year, Secretary-General, African Airlines Association (AFRAA), Dr. Elijah Chingosho, has said.

    He said the nations were ready to implement the Yamoussoukro Declaration that calls for African countries to open their skies to more flights from African Airlines.

    In an online interview, the AFRAA scribe noted that Africa is set to liberalise its aviation zone by the end of next January as it has the potential to double the sector’s size in five years.

    He said eight countries, which collectively control 85 per cent of Africa’s air traffic, planned to open their skies to other African airlines.

    “Nigeria, Egypt, Ethiopia, Morocco, Kenya, South Africa, Rwanda and Zimbabwe are ready to meet the target.

    “We are likely to achieve the target of having a single African air transport market by the end of January 2017,” he said in the online response to media imquiries.

    He noted that the main challenge to opening African skies is from nations wishing to protect inefficient national carriers from foreign competition.

    “Some of these inefficient airlines lobby their governments not to allow competition from other African airlines.

    “However, we try to convince these governments that competition is good for everybody because it will eventually improve the innovativeness of the sector,” he added.

    Chingosho believes the African aviation sector can double in the next five years if the industry is fully liberalised. To achieve this, all bilateral air service agreements should be abolished.

    He said the continent needed strong airlines to compete with global carriers and small, weak airlines, adding that those that cannot compete should be discouraged.

    According to AFRAA, the combined fleet of African airlines only numbers 760 aircraft, lamenting that this is just half the size of one single airline such as American Airlines (AA) with 1,494 aircraft.

    He noted that African airlines accounted for less than three per cent of global aviation revenue.

  • Brexit: Investors turn to Africa

    With the recent referendum by the United Kingdom (UK) to leave the European Union (EU), many businesses with existing or planned investment interests in the UK have started turning to Africa.

    An Ecobank Group Research titled: Investment after Brexit: Africa is the Final Frontier, said the businesses were looking for new investment frontiers.

    The Group said the revelation was the core of the Middle Africa Fixed Income Currency and Commodities (FICC) Guidebook 2016, published by Ecobank.

    ‘’With the UK having voted in its recent referendum to leave the EU, many businesses with existing or planned investments in the UK will be looking for new investment frontiers.

    ‘’Africa’s move to diversify its economies and its rising consuming class are creating an array of new investment opportunities.

    ‘’Kenya, Côte d’Ivoire, Senegal, Ghana and Ethiopia are the best examples, with broad-based economic growth, young populations and rising urbanisation,’’ it said.

    According to a statement from the lender, the Middle Africa FICC Guidebook contained an economic outlook, overview of the key sectors in the region and a guide on 41 countries in sub-Saharan Africa.

  • WHO faces vaccine shortage amidst acute yellow fever outbreak in Africa

    WHO faces vaccine shortage amidst acute yellow fever outbreak in Africa

    Faced with the worst yellow fever outbreak in parts of Africa in decades and running low on vaccine, the World Health Organisation plans to use only fractional doses of the vaccine in some areas when it launches an emergency immunisation campaign in July.

    Health experts hope that by using smaller doses they can stretch the limited vaccine supply and slow the spread of the virus. Even in smaller doses — 1/5th the normal dose, in the upcoming campaign — the vaccine still provides full immunity for at least 12 months, health officials say.

    WHO spokeswoman Sarah Cumberland said in an email that fractional dosing is being considered at this stage only for Kinshasa, the Congolese capital that is home to more than 10 million people.

    “The outbreak is still in early stages and it could be an effective way of containing spread with the vaccine doses available,” Cumberland said. “Logistical considerations, such as obtaining suitable syringes and training health workers in this method, mean that dose-fractioning may be easier to implement in an urban setting.”

    The other areas targeted are a 47- to 62-mile belt spanning the border between the Democratic Republic of Congo and Angola, where the disease first emerged in December, and high-risk inland areas associated with local mining areas and big markets that attract large migrant populations and movement of people to and from Angola, the WHO said.

    “If we don’t respond fast, this has the potential to be a big outbreak with the risk of international spread,” Cumberland said. “The focus is on getting this under control as fast as possible.”

    The use of fractional dosing is significant because such a tactic “should only be used in response to an emergency situation in which current vaccine supply is insufficient,” Cumberland said. This would mark the first time that fractional dosing has been used to combat yellow fever, she said.

    Daniel Lucey, an immunologist at the Georgetown University’s O’Neill Institute for National and Global Health Law, said the move “underscores the severity of the situation … and it doesn’t bode well for what is a potentially worse situation that we’re going to be in, in future.”

    Angola reported 3,294 suspected cases and 347 deaths from the virus, according to the WHO’s latest statistics , while Congo had 1,106 suspected cases and 75 deaths.

    Distribution of the vaccine would focus on “districts where there is high movement of people and intense trade activities, particularly the northern border districts of Angola and targeted border districts in neighboring countries,” the WHO said in a recent statement. The aim is to create an immunity wall.

    Already yellow fever cases linked to the Angola outbreak have been reported in China, Kenya and Congo, the WHO said.

    The disease is transmitted by Aedes aegypti mosquitoes, which also carry dengue fever and the Zika virus, and causes high temperatures, jaundice, bleeding and eventually shock and multiple organ-failure in patients with severe infection. It can be fatal.

    There is no cure for yellow fever, making prevention critical. But providing treatment for those in areas currently affected by the disease has been challenging because of the lack of the vaccine.

    The global stockpile of 6 million doses has been depleted three times since the start of the outbreak in December, Cumberland said. Angola has received 15 million vaccines, 3 million doses have gone to Congo and 800,000 to Uganda, which is experiencing a bout of yellow fever unrelated to the cases in Angola.

    Although the stockpile has been replenished to 5 million doses, demand could quickly outstrip supply, Cumberland said.

    She said yellow fever has the potential to spread fast in urban settings, particularly when breeding conditions are favorable for the mosquito.

    Meanwhile, the medical humanitarian group Doctors without Borders has been undertaking mass vaccination and mosquito control efforts in certain affected areas of the Democratic Republic of Congo and providing diagnoses and treatment of patients in Angola.

  • Nigeria ‘can lead Africa’

    The  Nigeria Association of Small and Medium Scale Enterprises (NASME) has said  the nation has the potential to lead Africa and become one of the greatest economise in the world if it develops its non-oil sector to drive the economy.

    Its Chairman, Rev. Taye Adeyemo who spoke at the 2016 Mega Trade Fair, Media Launch and Press Conference organised by Mr Delight Owoyemi at the Premier Hotel, Ibadan, said the people needed to re-strategise to change the current situation.

    Adeyemo in his lecture titeld: Diversifying Nigerian Economy: Discovering Sustainable Alternatives to Oil said  the government had depended so much on oil at the detriment of other sectors of the economy.

    “Oil has put the nation’s resources in the hands of few. The over-dependence on oil in the country has brought the nation to its present hardship. The oil is gradually going into extinction and price falling every minute. Good that government now realises that only the development of the non-oil sector could guarantee all-round development,’’ he said.

     

     

  • UK’s exit from EU: Consequences for Nigeria, Africa and the Commonwealth

    UK’s exit from EU: Consequences for Nigeria, Africa and the Commonwealth

    Publisher of Africa Today Kayode Soyinka writes on what implications the exit of United Kingdom’s from the European Union (EU) will have on Nigera, Africa and the Commonwealth 

    I will be seeing many gloomy faces around the table in some meetings I will be attending in the United Kingdom (UK) in the next couple of days and months. The outcome of the European (EU)-membership referendum is totally unexpected and therefore shocking. The deed has been done. Prime Minister David Cameron took the greatest political gamble of his life. He took the risk to derive political advantage and he has failed embarrassingly and woefully.

    It is therefore right, in my view, that he should resign and allow someone else to navigate the messy process that will eventually exit the UK from the EU. What we have seen played out here is the clash of two different generations – the older, what I would call the “Empire Generation”, who still look at the United Kingdom as if she’s still the colonial, imperial power of the past, dominating the entire world. The flag-waving “Rule Britannia” generation who prefer their island mentality and would like the UK to be truly “independent” and have nothing to do with Brussels that they so much loath and view with contempt for wanting to impose a federal system on them, which they detest and believe has no relevance, and of no use to them in today’s world.

    This generation voted unequivocally to exit, not necessarily having given a serious thought to the consequences of their action. That might only just be dawning on them now after the deed has been done! Whereas the younger generation and the more educated ones prefers to be in Europe because of the advantages, especially of globalisation, and realising that their island nation-state of only about 65 million people, in this time and age, cannot afford to continue to be an island on its own – it has to reach out, engage diplomatically, relate and trade with other nations around the world. I believe Britain will on the long term survive the attendant repercussions or consequences of the decision it has taken to leave the EU. The country was not entirely taken by surprise with the decision to leave.

    For instance, it has, for some time now, been working on contingency plans on what to do if the votes should go against remaining in the EU. Immigration staffs, for instance, have, for some time now, been going through retraining on new approach to immigration if the decision is to exit – a decisive factor in the way they voted. For what you may or may not know, if passports will have to be changed when the UK finally leaves the EU, one should not the surprised if the design of the new UK passport is now ready and only waiting to go to the printers. They are that well organised and leaving nothing to chances. And we have already heard from the proactive Governor of the Bank of England that a contingency plan had been in place in anticipation that the decision might be against remaining, which has been rolled out immediately the decision was known and confirmed.

    So I have no doubt that things will stabilise in the course of days, weeks and months to come. For us in Africa, especially Nigeria, the UK exiting from the EU could have both positive and negative repercussions, or consequences. When Prime Minister Ted Heath took the UK into what used to be known as the European Economic Community (EEC) in 1973, all powers pertaining to UK’s trade relations with the rest of the world were transferred to Brussels, and the UK started losing interest in its traditional allies in Africa and the Commonwealth generally. It started trading and investing more with her European cousins in the EEC than it used to with her old allies in Africa and the Commonwealth. Even if the UK had, for old time sake, wanted to continue trading directly with Africa and the Commonwealth after joining the EEC, it no longer could do that because it had surrendered that power and authority to the EEC. The only way it could work for the UK to continue trading indirectly with Africa, Caribbean and Pacific Commonwealth was the signing by the EEC of the Lome Convention, updated in the Cotonou Agreement and later the Economic Partnership Agreement (EPA). Therefore, exiting the EU in about two years time might help to reverse this situation. And here lies the opportunity for Africa to strike new trading deals with the UK directly, because by the time it leaves the EU in two years time, it would, as a country now on its own, have no trade agreement with any country in Africa or anywhere in the world for that matter! The UK would now have to start all over again and be able to decide on its own, who it would like to trade with, on what terms and not having to go through the bureaucracies of the EU trading bloc.

    Therefore, there are very serious consequences for Africa arising from UK’s exit from the EU. The continent now has at most two years to put new policies in place to deal with these consequences. For instance, Africa too can trade directly with the UK as it used to without going through the EU.

    Another advantage to Africa, apart from the fact that it would now have an opportunity to negotiate afresh new trade terms with the UK, is that the continent can still trade as economic/trading blocs – ECOWAS and SADC among others – directly with the EU as it does presently, and encouraged to do by the World Trade Organisation (WTO).

    Specifically, Nigeria should be delighted it still hasn’t signed the controversial Economic Partnership Agreement (EPA) with the EU despite the fact that most of ECOWAS have been bamboozled to sign. Now that Nigeria’s most influential ally in the EU will now be exiting the organisation, that EPA, it would seem, is now dead and buried.

    President Muhammadu Buhari would have been ill-advised if he were to sign it in its present form. Nigeria (and indeed ECOWAS) should take advantage of the crisis within the EU as a result of UK’s imminent exit to negotiate a new trade agreement with the EU – maybe a preferential trade agreement. And, on the other hand, negotiate new trade terms directly with the UK when it eventually leaves the EU. Win-Win situation one might say for Nigeria, and indeed, Africa and the Commonwealth. On the down side, the UK exiting from the EU means that Nigeria, Africa and the Commonwealth have lost a very powerful ally and perhaps most influential voice that can speak on their behalf within the EU! And that is sad! Only two Commonwealth countries now remain as members of the EU – Cyprus and Malta – and even when lumped up together, and Malta soon take the rotational presidency of the EU, they still don’t have the gravitas and influence of the UK and therefore can’t speak effectively for Africa and the Commonwealth within the EU. But to compensate for that, the UK must now have to take the Commonwealth, especially its African members, more seriously, because the 52-nation Commonwealth constitute one-third of membership of the United Nations UN). The importance of having such bloc in the UN as ally cannot be lost on the UK. The UK will need Africa and the Commonwealth as allies in the UN, especially in times of trouble like this.

    On a final note, the decision to exit the EU, as we have seen, would inevitably thrust on the UK a new political leadership. That, in itself, might not necessarily be a bad thing – even though it was unplanned for. It is a big risk and serious gamble that the UK took, especially when one is reminded that the decision might have the added unpleasant repercussion of Scotland gaining independence and eventually leaving the UK itself – the Scots and Northern Ireland voted overwhelmingly to remain in the EU. If Scotland should break away as it is threatening, that will be the end of the UK itself, leaving us only with Great Britain – possibly without the “Great”. But let us make no mistake about it; whether as UK or Britain, the “Brits” will still remain a powerful and influential political, economic and military powerhouse, traditional ally and friend to have.

    The next few months, and years, will be very fascinating in the UK and Europe.

  • Generation next and Africa’s growth

    Generation next and Africa’s growth

    The IMANI Centre for Policy and Education, in collaboration with Atlas Network, has organised a four-day Students and Young Professional African Liberty Academy (SYPALA) conference in Accra, the capital of Ghana. Participants at the event discussed how youths can champion Africa’s growth. JENNIFER UMEH was there.

    What are the dividends of democracy and good governance for Africa in the last 50 years? This was the topic for discussion at a four-day Students and Young Professionals (SYPALA) conference held in Accra, the capital of Ghana, last week.

    Over 100 students from West Africa gathered at Mensvic Hotels in Accra for the event, organised by the IMANI Centre for Policy and Education, a thinktank, and ATLAS Network. The event was aimed at training a new generation of young African leaders to solve the continent’s problems.

    IMANI’s Chief Executive Officer (CEO), Franklin Cudjoe, said conference was a drive to awaken youths to take the advantage of innovation and entrepreneurship to unlock the continent’s economic potential.  Cudjoe urged African leaders to promote the contienent’s growth through economic freedom and sound policies.

    Executive Director, African Liberty Organisation for Development (ALOD) Adedayo Thomas, who spoke on Achieving market economy, said youths would support the government that is  willing to implement free market policies. He said there would be no growth if the government controls the economy, noting that Africa is poor because the government suppressed free market economy.

    He called for limited government and liberalisation of public institution, saying: “Africa can no longer tolerate plundering of wealth by a few in the name equality. For Africa to rise, government must withdraw from economy and allow free market economy to bring growth.”

    Ghana Chamber of Bulk Oil Distributors’ CEO Senyo Hosi, said countries that achieved a sustained economic growth promoted the ideas of liberty, individual autonomy and property rights.

    He said there would not be meaningful progress if individuals did not have liberty to innovate and protect intellectual property. He said the conference was to open the eyes of the participants to importance of freedom and capitalism.

    A leader blogger and entrepreneur, Japheth Omojuwa, said libertarianism brought more opportunities for African youths, pointing out that more innovative young people have achieved prosperity in the last 10 years in countries, such as Nigeria, Tanzania, Kenya, South Africa and Uganda.

    He said the government must give people a right to have choices and protect the rights of minorities. The development of Africa, he said, rests on the energies of its youths to bring out good innovations that will change the story of the continent.

    Founder EDEL Technology Consulting, a digital product firm, Ms Ethel Cofie, identified lack of courage as a challenge preventing women to innovate. Beyond raising children and family, Ms Cofie said women dream big and compete with men in entrepreneurship.

    “We need to dispel a notion that women in leadership positions are authoritative. We need to encourage and support ourselves and pursue open opportunities to achieve our latent potentials,” she said.

    Director, Economic Growth Office of the United States Agency for International Development (USAID), Brain Conklin, explained how economic freedom could be used for determining human development.

    According to him, regional economic communities are meant to be building blocks for continental integration, adding that the government’s restrictions were threatening meaningful development.

    The conference also featured panel of discussion on participatory democracy and term limit for African leaders.

    A participant from Nigeria, Amaka Udeh, said many African countries have the potential to be the next economic destination, adding that the struggle for power among leaders was part of the reasons people remained poor.

    A participant from Ghana, Richard Abeiku, described the conference as educative and thought-provoking, saying it challenged him to take up responsibility to educate people on entrepreneurship and innovation.

    Another participant, Henry Eshun, said: “I have been enlightened on the causes of African challenges and the way forward. I will go back to my community to see how I can change the story of my people.”

  • Ford Middle East & Africa gets new president

    Ford Middle East & Africa gets new president

    Ford Motor Company has announced leadership changes in the Middle East and Africa as it continues to deliver the company’s One Ford plan for profitable growth.

    Jacques Brent, 46, currently Vice President Marketing, Asia Pacific, is appointed President, Middle East and Africa, effective from July 1.

    He will be based in Dubai. He replaces Jim Benintende, who will be taking over the role of director, US Sales Support and be reporting to Mark LaNeve, Vice President U.S. Marketing Sales and Service at Ford’s World Headquarters in Dearborn, from August 1.

    Brent described the appointment as a great opportunity in Ford’s newest region and “I look forward to continuing the growth and momentum we have established in these diverse markets. Jim and the team have done great job establishing the region and it is an honour for me to be able to lead this region as we embark on the next exciting phase of our development.

    “I am also very excited to once again be working with South Africa, and to get to know the employees and dealers in the other regions.

    “We welcome one of our favourite sons back to the region,” said Jeff Nemeth, CEO and President Sub Saharan African Region.

    “Jacqueshas distinguished himself in his assignments in North America and Asia Pacific and understands the workings of South Africa and Africa. He has key relationships with our team and dealer body, which will greatly benefit the company going into the future,” Nemeth added.