Tag: countries

  • REDD+: Countries’ readiness under review

    Nigeria’s national efforts towards Reducing Emissions from Deforestation and forest Degradation (REDD+) received a boost this week as its proponents intensified the initiative, enjoying the support of the Forest Carbon Partnership Facility (FCPF).

    REDD+ represents a country’s efforts to Reduce Emissions from Deforestation and forest Degradation, and foster conservation, sustainable management of forests, and enhancement of forest carbon stocks. The concept is based on the premise that deforestation and forest degradation are the second leading cause of global warming, responsible for about 15 per cent of global greenhouse gas (GHG) emissions, which make the Term Review (MTR) workshop currently holding in Lafia, Nasarawa State capital, stakeholders are attempting to take stock of progress made so far on the project.

    The National Co-ordinator, Nigeria REDD+ Programme, Dr. Moses Ama, explained that the programme aimed at preparing the country to engage and benefit from the potentially emerging performance-based system from REDD+ within the context of the international climate negotiations of the UN Framework Convention on Climate Change (UNFCCC).

    “The development objective of the Nigeria FCPF Programme is to support the nation to design a socially and environmentally sound strategy to reduce emissions from deforestation and forest degradation,” he said.

    Ama explained that the MTR will take a holistic step at the initiative by: reviewing progress towards the achievement of the project development objectives and assess the strong and weak points of the project design; reviewing implementation progress for each component, as well as for the administrative aspects of the project; evaluating compliance with fiduciary/safeguards aspects and overall implementation risks; visiting some of the project states and meet with project stakeholders, including government and community representatives, and jointly reviewing with the government the possibility of requesting for additional financing in support of the Forestry sector in the country.

  • Ogun hosts 20 countries to Drums Festival

    Ogun hosts 20 countries to Drums Festival

    The Ogun State government, today, begins the 2017 edition of African Drums Festival. The show which is touted as an expanded version of the 2016 maiden edition, tagged, the Nigerian Drums Festival continues till Saturday, April 22, 2017.

    The Ogun state government, had during the 2016 edition, unveiled the world’s tallest drum.

    Speaking at a World Press Conference to unveil the official logo for this year’s festival on Tuesday, Governor Ibikunle Amosun, who was represented by his Deputy, Chief (Mrs.) Yetunde Onanuga, said over 20 African countries had indicated interest to participate during the festival.

    This, he added, is in addition to the over 12 states of the federation that had confirmed their attendance.

    The governor said that the festival, with the theme, “Reviving Our Culture in Drums,” would reveal the richness and depth of Ogun, Nigeria, and by extension, African culture, to the world.

    Amosun, while emphasising the preservation of African cultural heritage, said “the 2017 African Drums Festival would afford us the opportunity to learn from our cultural values and diversity and promote African unity.”

    Also speaking, Chairman of the 2017 African Drums Festival Local Organising Committee and Secretary to the State Government, Barr. Taiwo Adeoluwa, said the event would enhance the economic value of the citizens by showcasing talents and the cultural heritage.

    In his welcome address, Ogun State Commissioner for Culture and Tourism, Barr. Muyiwa Oladipo said the festival would foster development, growth and unity, not only in Nigeria, but also in Africa.

  • ‘African countries need reforms in oil industry to attract investors’

    PricewaterhouseCoopers (PwC) has urged African governments to reform their oil and gas industries to attract investors.

    In the PwC’s 2016 Africa oil & Gas Review, the international advisory firm stated that in the face of declining global oil prices, the continent still offers significant opportunities in the oil and gas industry.

    It noted that regardless of the  bleak landscape of the industry, there is still hope for the sector to attract investors’confidence.

    According to ESI Africa, PwC Africa Oil & Gas advisory leader, Chris Bredenhann, said: “It is an opportune time for local governments that want to attract oil and gas investors to reform their regulatory, fiscal and licensing systems.”

    The report highlighted that uncertain regulatory frameworks are one of the main issues that organisations in the oil and gas industry are struggling with. For instance, in South Africa, the study noted that there have been commitments to address concerns since last year, and the intention of government to separate regulations for oil and gas from the mining industry was communicated.

    However, South Africa’s Minerals and Petroleum Resources Development Act (MPRDA) has not yet been changed and approved to reflect such modifications.

    The report stated that in Tanzania the regulatory environment remains uncertain despite the promulgation of the Petroleum Act in 2015 while on the other hand, in Nigeria, the government has failed to pass the Petroleum Industry Bill (PIB) into law.

    The research found that by the end of last year, Africa had a proven natural gas base of 496.7 trillion cubic feet (Tcf), down marginally from 2014, with 90 per cent of the continent’s natural gas production still coming from Nigeria, Libya, Algeria and Egypt.

    PwC’s analysis suggests that is the ideal time for the industry to consider introducing training programmes to upskill levels and company standards in order to give local players a chance to enter the sector when activity picks up again.

    “The oil and gas industry is faced with a higher entry barrier because technology and jobs tend to be more complex, highly specialised and costly,” Bredenhann noted.

    Another point made by the research was that basic as well as technological infrastructure is essential for the oil and gas sector to thrive.

    “Furthermore, players must look at the state of the industry as an opportunity to reinvent themselves. Given the state of the industry, we think that stakeholders must also consider making changes to their business models.

    “Change is the way to survive in the ‘new energy future.’ We need to see new business models, new products, new energy sources and new strategies to meet the new reality,” Bredenhann added.

  • 10 countries, 200 firms for Abuja Housing Show

    10 countries, 200 firms for Abuja Housing Show

    Ten countries, 20 organi-sations and 200 indigenous companies will attend the Abuja Housing Show between July 18 and 20.

    The event, themed: “Expanding Access to Affordable Housing in Africa”, will be declared open by the Vice President, Prof Yemi Osinbajo. The Minister of Power, Works and Housing, Babatunde Fashola would be the Chief Host, while the Minister of the Federal Capital Territory (FCT) Muhammad Bello, would be the Guest of Honour.

    Eminent speakers from Spain, South Africa, the United States (US), The Gambia and Nigeria have been carefully selected to deliver lectures on diverse topics. They include: the Managing Director of Hydraform from South Africa, Mr Robert Plattner; Managing Director of Global Green Built from Spain, Mr Alejandro Pons; the Managing Director, TAF Homes, The Gambia, Mr Mustapha NJIE; Managing Director of UPDC, Mr. Hakeem Ogunniran; the Chief Executive Officer, Aggregates and Concretes, Lafarge Africa, Mr. Loren Zanin; Prof. Mustapha Zubairu of Federal University of Technology, Minna, and the Managing Director, Nigeria Mortgage Refinance Company, Prof. Charles Inyangete.

    The Chief Executive Officer (CEO) of FESADEB Communications, Mr. Festus Adebayo, said the forum will provide opportunity for mortgage banks, developers, building material producers and professionals in the building industry to showcase their products and services, exchange ideas and share innovations in the industry.

    At the end of the event, he said, there will be lottery and award dinner to mark the 10th anniversary of the show. The lottery winner, which would be determined through a raffle draw, would smile home with a plot of land.

  • Nigeria: How countries fail and fall

    The country named Yugoslavia in south-eastern Europe broke up in 1990, after 72 years of existence. While it existed, it was similar to Nigeria of today in many ways. Like Nigeria, Yugoslavia consisted of many different nationalities – the Serbs, Croats, Slovenes, Bosnians, Macedonians, Montenegrins, Albanians, etc. Britain had thoughtlessly pushed many nationalities together to create Nigeria in 1914; Britain and France also thoughtlessly pushed many nationalities together to create Yugoslavia in 1918.

    Like Nigerian leaders, Yugoslav leaders were never able to manage their inter-ethnic relationships amicably. Like Nigeria therefore, Yugoslavia was always unstable, always about to break into massive inter-ethnic conflicts, always seeming about to collapse. One of the nationalities, the Serbs, were always obsessed with the ambition to dominate the other nationalities and the whole country, and that ambition led them into actions that frequently threatened Yugoslavia with disruption.

    During the Second World War, 1939-45, Yugoslavia, like most of Europe, suffered under German Nazi conquest and domination. A resistance movement of Yugoslav people developed to liberate Yugoslavia, and adopted communism. When the war ended, this communist group, under a leader named Joseph Tito, became the rulers of Yugoslavia. Tito and his communists ruled until 1980.

    The communist rulers hated the inter-ethnic troubles and adopted many tough measures to keep them under control. Until Tito died in 1980, therefore, the world heard very little about the Yugoslav inter-ethnic troubles.

    But, in reality, the inter-ethnic divisions did not go away. It is almost impossible to make inter-ethnic divisions in a multi-nation country go away. Each nationality took thousands of years to develop as one people, with one culture, one national image, and one national pride. If it happens that some nationalities find themselves combined as one country, the only successful approach is that each of the nationalities should be carefully respected, and that each be given some autonomy to manage its own unique concerns in the country. The only sustainable structure for the country therefore has to be a federal structure, and the federating units have to be, as much as possible, based on the nationalities. We see this in the Union of India, in Switzerland, and even in Britain – the country that created Nigeria. Wherever attempts are made to force the nationalities to surrender their individuality and integrity in order to unify the country, disharmony, hostility, violence, and ultimate collapse are usually the outcome.

    After Tito’s death, most of Yugoslavia’s ethnic leaders did try to save the country. Throughout the 1980s, they held national conferences to find a settlement. But the Serbs (the largest of the nationalities, though not a majority in the country) foiled all the attempts. The Serbs would not accept any agreement that did not guarantee their dominance. The country slipped gradually on – until it finally exploded in 1990.

    The explosion started when two of the nationalities, the Croats and the Slovenes, announced secession and proclaimed themselves as separate sovereign countries. The Serbs mobilized a large army and tried to suppress them, but more nationalities then followed and announced secession. Yugoslavia descended into a horrendous conflagration.

    The lesson here is clear. When different nationalities, each living in its own homeland, different in culture and religion, are forced together into one country, and the leaders of the various nationalities cannot agree on how to manage their country equitably and harmoniously, dark forces of rivalry, envy, fear, ill-will, hatred and domination, are often generated in the hearts of the nationalities against one another. That is what happened in Yugoslavia. It has happened in many Black African countries too.

    Signs of these dark forces have been gradually growing in Nigeria, especially since Nigeria’s independence in 1960. Sure, many of us Nigerians do desire that Nigeria should become harmonious and peaceful, continue to exist, and become a prosperous and powerful country. But, there exists the perpetual fact that the political elites of Nigeria’s various peoples do not know, and have never known, what it takes to make a country like Nigeria work. One of the largest of the nationalities, the Hausa-Fulani, because they were seriously behind the rest in education at independence, harbour the belief that the only way they can be anything in Nigeria is to hold perpetually to federal power and dominate all the other peoples of Nigeria. In the context of efforts to sustain this ambition, Nigeria has descended steadily into decline, a culture of electoral fraud and violence, and of mind-boggling corruption. Of course, most of the elite of the various peoples of Nigeria, eager to benefit personally or collectively from this confusion, have delved down into it – with the result that Nigeria’s problems have become essentially insoluble.

    In the vortex of this horrible situation, many attendant evils have grown. For instance, it has become widely acceptable for citizens of various nationalities to vent very disrespectful attitudes at one another. Those who, taking advantage of Nigeria, migrate to other peoples’ homelands and choose to live there and take advantage of the opportunities there, now think that the proper kind of behaviour is to be viciously disrespectful of their hosts, and to indulge in aggressive and unruly claims and insults against their hosts.

    Anybody who makes a habit of reading what Nigerians write on the internet against each other’s nationalities would wonder why Nigerians are claiming to be citizens of the same country. The Nigerian filthy kind of mind now regularly produces persons who give much time, energy, and intellectual effort to writing whole treatises to fabricate falsehood about one or other nationality, and to assert that cultural achievements known to belong to that nationality do not, in fact, belong to that nationality – or, even, do not exist in human experience.

    But these kinds of behaviour are not limited to the lowest fringes of Nigerian society, they also feature even in very high levels of Nigerian society. Under the Abacha and Abdulsalami military dictatorships and the Obasanjo civilian dictatorship, there arose a spirited effort to persuade Nigerians that their various nationalities do not exist or should not exist, that such nationalities are essentially myths – myths that are dangerous to the identity and progress of Nigeria, and that deserve to be suppressed out of existence. In those years some persons working for, or under the auspices of, the Nigerian Federal Government favoured Nigeria with serious writings which informed Nigerians that it is backward and perverse to include any consideration for our nationalities in any plans for Nigeria’s future, and that the nationalities are no more than myths. Even today, some prominent citizens still think that it is their patriotic duty to Nigeria to remind Nigeria of these things.

    It is therefore not strange that these adversarial patterns of relationship are today producing some actions and trends that may soon push Nigeria to its demise. A few years past, the frightful news began to surface that persons belonging to one Nigerian nationality were from time to time bursting upon peaceful villages belonging to other nationalities in the Nigerian Middle Belt, wantonly killing the villagers, destroying the villages, and occupying the land. Continued year in year out, this development has now assumed the stature of genocide.

    And this terrible outrage has now spread beyond the Middle Belt to the Southern regions of Nigeria. In most parts of Nigeria today, the outcry is up about armed and murderous Fulani cattle herders who lead their cattle to destroy farms, and who then attack farmers who protest, kill farmers and their families, and wipe out whole villages.

    By and by, Nigerians are getting to know more and more about these killers. We now know that some of them are Nigerians and many others are non-Nigerians. Of the non-Nigerians, Nigeria is now hearing from some official sources that these are in fact not cattle herders but militiamen from Libya – the ones that Ghadafi trained as his private army who, after the fall of Ghadafi, fled southwards to West Africa. The question is now agitating Nigeria as to how these trained terrorists have invaded Nigeria without the Federal Government doing anything to stop them – and even without the government alerting Nigerians that Nigeria has been invaded. Many are asking, is it possible that some influential Nigerians, intent on conquering and subduing the rest of Nigeria, have hired Libyan militiamen and added them to the Fulanis who have been massacring various peoples of Nigeria?

    Some days ago, President Buhari lamented that many Nigerians want Nigeria to be dissolved. Happily, he added that he would do everything to keep Nigeria together. But, in the light of the mutually hostile trends in Nigeria, is it surprising that more and more Nigerians peoples would wish to cease being part of Nigeria? This is an example of how countries fail and fall apart.

  • 130 countries to endorse climate deal

    130 countries to endorse climate deal

    Many countries are expected to sign the historic climate agreement adopted last December in Paris at a ceremony to be hosted by the United Nations Secretary-General, Ban Ki-moon, in New York, United States, tomorrow.

    No fewer than 130 countries have confirmed their willingness to sign the Paris Agreement when the agreement would be open for signatures tomorrow.

    This will surpass the previous record of 119 signatures for an opening day  for an international agreement, set by the Law of the Sea in Montego Bay in 1994.  In addition, more countries have informally indicated that they would sign the agreement with the number increasing rapidly each week.

    Over 60 Heads of State and Government will attend the ceremony, including French President François Hollande, demonstrating the continued high level of engagement by world leaders to accept and implement the Paris Agreement.

    The signing ceremony will mark the first step towards ensuring that the Paris Agreement enters into force as early as possible.  The agreement will be in force 30 days after at least 55 countries, accounting for 55 per cent of global greenhouse gas emissions, deposit their instruments of ratification or acceptance, with the Secretary-General.

    A number of countries have also indicated that they will deposit their instruments of ratification immediately after signing the agreement.

    Tomorrow’s signing ceremony will also bring together leaders from civil society and the private sector to discuss efforts to boost financing for climate action and sustainable development and increase actions that would achieve the Paris Agreement’s goal of limiting average global temperature rise to well below two degrees Celsius.

    “Paris was historic,” the Secretary-General said.  “But it’s only the beginning.  We must urgently accelerate our efforts to tackle climate change.  I encourage all countries to sign the Paris Agreement on April 22 so we can turn aspirations into action,“ he added.

    The governments will sign the new Paris Climate Change Agreement en route its coming into force as millions of people around the globe mark annual Earth Day, or International Mother Earth Day.

    Earth Day’s theme this year is focused on trees with the aim of mobilising nearly eight billion plantings, or one for every man, woman and child alive by 2020—together we can maybe do it sooner!

    The link between the Paris Agreement and trees is clear—forests will be key allies for combating climate change and meeting the long term goal of restoring the ecological balance of planet Earth by the second half of the century.

    UNFCCC Executive Secretary, Christiana Figueres said: “Planting, hugging or sketching a tree to mark the signing of the Paris Agreement and to celebrate Earth Day is an expression of solidarity, love and hope”.

    “The Paris Agreement, if fully implemented, offers a prospect of a far better world for billions of people. Conserving, restoring and extending the Earth’s natural or nature-based infrastructure including forests will be a big part of its long term success and long term goal,” she added.

    Ms. Figueres, who will be in New York for the Paris Agreement signing, launched the campaign by hugging a Poro tree in her native Costa Rica.

    “Trees and forests are the most vital weapons we have against climate change. We must reduce the amount of carbon we pump into the air each and every day, but forests are the natural filter that will absorb and cleanse our air of the carbon already present. In order for the Paris Climate Agreement to work as intended, individuals and nations need to get planting and help us in our effort to get 7.8 billion trees in the ground by Earth Day 2020.

    “Without these natural carbon sinks allied to cleaner energy, smarter ways of doing business and a clear commitment to solve the difficulties of the poor, the Agreement risks becoming so much hot air,” according to Kathleen Rogers, President of the Earth Day Network.

  • A tale of two countries

    Rats and mosquitoes. These are the vectors of the two diseases shaking the two heavily populated countries of Nigeria and Brazil to their foundations. These diseases have killed scores of people in both countries and there are no signs of a let-up, if something is not done fast to address the problem. While Nigeria is battling Lassa fever, Brazil is contending with Zika virus.

    Lassa fever is an haemorrhagic infection, which kills within a few days, if the sick does not seek medical attention fast enough. The first six days are said to be critical in the treatment of the disease. There is a drug to be taken within the first six days which will give the sick relief, but if that treatment window closes, the chances of survival are said to be slim. Zika affects new born babies, especially their heads. Since the outbreak, the heads of newly born babies have been unusually small. Doctors are confused about what to do.

    The world is confronted with two diseases in two countries on two continents. Both countries have large populations. Nigeria with a population of 187 million is the most populated country in Africa. So, if there is any serious health challenge in the country, it will threaten other countries on the continent. Likewise in South America, Brazil with a population of 206.1 million is the largest on that continent. Between them, Nigeria’s and Brazil’s population is over 390 million. Rats and mosquitoes are common in both countries because of their high poverty level caused by poor standard of living.

    Their huge populations have not translated into economic prosperity. They are still somehow backward and perhaps, this is why they are being ravaged by diseases which by now they should have contained because they occur seasonally. For instance, Lassa fever first broke out in Lassa village in Borno State in 1969 and since then it has been recurring every year during the dry season. Even though it first occurred in Borno State, its subsequent outbreaks have been in other parts of the country. No state is immune to Lassa fever and we have seen that so far. Speaking on the seasonal nature of the fever during his visit to the Northeast, Health Minister Prof Isaac Adewole said : ‘’It is a seasonal wind that blows across the country. What this administration will do is to ensure that this will be the last wind’’. Nigerians will be happy if that comes to pass.

    The outbreak this year seems to be the worst in the history of the country. As I write this on Tuesday night, Ebonyi became the 18th state to record a death from the disease. It has been like this since this round of Lassa fever hit the country last August, with Niger as the index state. Among the other affected states are Bauchi, Nasarawa, Taraba, Kano, Rivers, Edo, Plateau, Gombe, Oyo and Akwa Ibom and the Federal Capital Territory (FCT). With over 212 cases in 64 local government areas across 18 states so far, Lassa fever has wreaked havoc on the country, the kind not seen in its 47-year history. If the fever continues to ravage the land the way it is going the chances of it spreading to neighbouring countries are high.

    The Federal Government keeps saying that it has the capacity to fight the disease, yet we keep on recording deaths from it. What is happening? Is it that the infected are not going to hospital or that they are  reporting to hospitals late? To prevent fresh cases, some states have embarked on what they call Operation-Kill-All-Rats. In Lagos, the Environmental Health Officers Association of Nigeria (EHOAN) has since got cracking, killing over 7000 rats in some markets in the first round of its de-rat the markets campaign. By the time it is done with the exercise, all rats may have been wiped out in the state.

    This matter goes beyond wiping out rats, mosquitoes and cockroaches. Whether we like it or not, neither Nigeria nor Brazil has the wherewithal, at least for now, to wipe out these rodent and insects. Our lifestyle in both countries create room for them to thrive. Many families live with rats, cockroaches and mosquitoes. For us to overcome the Lassa fever challenge, the government must do something to improve the  standard of living. Many families do not know where the next meal will come from, that is if they ever have any in a day. They struggle to send their children to school only for these kids to graduate without a job to do. We are talking of self employment.

    Yes, that is good. But who will provide the seed money for them to take off? Lassa fever will continue to torment us yearly if we do not do something about our lifestyle. It is not like Ebola, which is not indigenous to us. Lassa fever is part of us and it may remain with us for long except we tackle it from the root by improving the lifestyle of our people in the rural areas for them to appreciate the harm of  living on the border line. The government must move fast to check the spread of the disease nationwide before it is exported across the border, which may earn us sanction from the World Health Organisation (WHO).

    Zika is spreading fear not only in Brazil, but in the Americas. WHO has warned that the Zika disease may spread to South, Central and North America. In Brazil, the government is running from pillar to post trying to find a solution to this health challenge, which may scuttle its hosting of the Olympics from August 5 to 21. From Recife to Rio de Janeiro, everybody is gripped by fear. The carnivals planned for some cities have been cancelled. Expectant mothers are afraid for their unborn babies. The situation is so bad because the vaccine for the cure is not available. Without the vaccine, there is no cure.

    And those planning to get pregnant have been advised not to do so, at least for the next two years. Aaaaah!   As it is in Nigeria, so it is in Brazil. These, indeed, are not the best of times for Nigera and Brazil. What a sour tale of two countries. May God deliver both countries from these terrible diseases.

  • Hunger levels up in 52 developing countries

    Despite progress in reducing hunger globally, hunger levels in 52 of 117 countries in the 2015 Global Hunger Index remains “serious” (44 countries) or “alarming” (eight countries). The Central African Republic, Chad, and Zambia had the highest hunger levels in the report, which was released by the International Food Policy Research Institute, Welthungerhilfe, and Concern Worldwide.

    Conflicts can be strongly associated with severe hunger, according to the report, which focused on armed conflict and the challenge of hunger in the main essay. The countries with the highest and worst GHI scores tend to be those engaged in or recently emerged from war. The two worst-scoring countries both experienced violent conflict and political instability in recent years. In contrast, in Angola, Ethiopia, and Rwanda, hunger levels have fallen substantially since the end of the civil wars of the 1990s and 2000s.

    The report outlined some bright spots in the fight to end world hunger. The level of hunger in developing countries has fallen by 27 per cent since 2000, and 17 countries reduced their hunger scores by at least half since 2000.

    Among those countries are Azerbaijan, Brazil, Croatia, Mongolia, Peru, and Venezuela. Some of the world’s poorest countries could not be included in the report due to unavailable data. As a result, the picture of global hunger may be worse than reported here.

    Global hunger is a continuing challenge with one in nine people worldwide chronically undernourished and more than one quarter of children too short for their age due to nutritional deficiencies. Nearly half of all child deaths under age five are due to malnutrition, which claims the lives of about 3.1 million children per year.

    This year’s essay sheds light on an unheralded achievement of the past 50 years. “Calamitous famines,” those that kill more than one million people, seem to have vanished.

    “War and conquest have long been the drivers of mass starvation. Although humanitarian responses are far faster and more proficient than in the past, we still need to attend to the perils of armed conflict and inhumane policies generating severe hunger,” said Alex de Waal, author of the essay and executive director of the World Peace Foundation and research professor at Tufts University.

  • Africa to have improved economy by 2050 – Report

    Africa to have improved economy by 2050 – Report

    Most African countries that today are considered low income will transition to middle income by 2050, the Annual Trends and Outlook Report (ATOR) said.

    The ATOR, released Tuesday by the Regional Strategies Analysis and Knowledge Support System (RESAKSS), a programme facilitated by the international food policy research institute (IFPRI), examines the current and future trends that are likely to shape the trajectory of African economies.

    As the second-fastest growing region in the world, Africa has enjoyed robust economic growth in recent years.

    However, that progress has not been enough to make up for the lost decades of economic stagnation that preceded the recent recovery.

    Secondly, the benefits of this growth have not trickled down to the wider population. Today too many people experience poverty and food scarcity.

    “While the recent growth performance is encouraging, African counties still face major challenges in terms of reducing poverty and eliminating hunger and malnutrition,” said Ousmane Badiane, IFPRI director for Africa.

    Badiane added; “this report shows that policymakers need to continue to refine policies, improve institutions and increase investments to sustain and accelerate the pace of growth as well as its inclusivity or broadness—and the outcomes of their decisions can be the difference between persistent poverty and future shared prosperity for many of Africa’s most vulnerable populations.”

    The report found: Africa south of the Sahara is projected to experience more sustained economic growth in GDP per capita between now and 2030 and 2050.

    By 2050, climate change will result in a 25 percent cereal prices compared with a no climate change scenario.

    Trends that are likely to influence the trajectory of African economies include:

    * More volatile food and energy prices;

    * Rapid urbanization, increasing incomes, and the rise of a middle class;

    * Rapid increase in a young population entering the labor force;

    * Greater Climate Variability; and

    * Agriculture as the largest source of employment.

    African diets are changing in response to rapid urbanization and the rise of a middle class.

    Fifty percent of Africa’s population is projected to live in urban areas by 2020. Processed food now represents a significant share of food purchases, even for the rural poor. Diets have also diversified beyond grains into horticulture, dairy, livestock, fish, and pulses.

    Structural change in Africa is now contributing to productivity growth.

    Africa’s informal goods and services sector (e.g., home goods and handicraft production, and food staples processing) is emerging steadily, and must play a major role in future growth and
    industrialization.

    Industrialization in Africa has been weak, and has contributed little to Africa’s recent growth.

    A new industrial strategy needs to focus on investing in infrastructure, especially energy, transport, and “as envisaged under the African Union Malabo declaration, transforming African economies will need ensuring that future growth is broad based and inclusive, especially of women and youth, a critical component of the Africa we want as depicted in the Africa agenda 2063,” said her Excellency Tumusiime Rhoda Peace, Commissioner for Rural Economy and Agriculture of the African Union Commission (AUC).

    ‘‘This is a sure way for wealth to be created and jobs to be generated,” she added.

  • Dangote, Chinese firm sign $4.34b deal for cement plants in 13 countries

    Dangote, Chinese firm sign $4.34b deal for cement plants in 13 countries

    Dangote Cement yesterday signed contracts with Chinese firm, Sinoma International to build cement factories in 13 countries – 12 in Africa and Nepal, an Asian country.

    On completion, 25 million tonnes of cement will be generated annually in what is a revolution the cement sub sector. This will bring the capacity of Dangote cement to 70 million tonnes per annum.

    The $4.34bilion deal was sealed in the presence of ambassadors of some of the beneficiary countries.

    President of Dangote Group, Alhaji Aliko Dangote, signed for his group while the Chief Executive Officer, Sinoma, Mr. Shen Jun, signed for his company.

    The Chinese firm will execute the construction projects with equipment sourced from Germany.

    Aside Nigeria, whose two new plants at Itori, Ogun State with a combined capacity for six million tonnes are already under construction, a three million tonnes factory will be built in Nepal.

    The African countries that will have the integrated plants are: Ethiopia with 2.50m tonnes, Kenya with two plants and a combined capacity of three million tonnes, Zambia 1.5om tones, Senegal with 1.50m tonnes and Niger with 1.50mtonnes.

    The 1.50m tonne plants to be built in Mali, Cameroon, Cote d’Ivoire and Ghana are grinding units.

    Dangote said the a 1.5m tonnes plant in Douala, Cameroon will be inaugurated today.

    Some of the countries to host the new plants already have Dangote plants.

    All the new plants are to be completed within the next 30 months, Mr. Dangote promised, adding that on completion, the capacity of the combined factories will move up to 70 milion tonnes per annum.

    “But our goal is to attain 100million tonnes by 2020,” Dangote declared yesterday.

    According to him, the plants are being built because of the need requirement of the countries.

    He gave an example of Niger Republic which currently imports all its cement requirements despite having in abundance all the raw materials needed to manufacture the product.

    Dangote said: “We want to make Africa self-sufficient in cement production and not to become a dumping ground. We are very focused on what we are doing.”

    Dangote hailed the Nigerian government for providing the enabling environment for the business to thrive, adding that his company and Sinoma had been together for eight years “in spite of the economic recession in the world at this time.”

    He said Nigeria currently has the capacity to export 10m tonnes of cement, adding that this will go higher when the new plants go on stream.

    Jun promised that his company will provide excellent technology in the construction adding that it had completed 16 projects with Dangote.

    He vowed that the high standard which his company is known for will be kept in the execution of the projects being “a leading company in cement production worldwide.”

    With the Dangote CEO at the ceremony are Group Executive Director of Dangote Group, Mr. Devakumar Edwin and the Chief Operating Officer, Mr Olakunle Alake. Three other officials accompanied Mr Jun on behalf of Sinoma.