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1. Visit www.agsmovers.com to view our 128 locations worldwide
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MONDAY | JANUARY 26, 2015 Title Code: DELENG18579 • RNI NO: DELENG/2014/54666 • Postal Registration No.: DN/325/2014-2016 • VOL. 2 • NO. 4 • Page 12 • Price `10
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ANGOLA:
THE KUWAIT
OF AFRICA
THE
BEAUTIFUL
CITY:
CHANDIGARH
Political and Business Leaders met at 45th World
Economic Forum Annual Meeting
Raquel’s cupid
party cel-
ebrates 5th
anniversary
INDIA HAS THE MOST
PROMISING STORY
Nigeria's
neighbors
band together
to fight Boko
Haram
Jospong
Group builds
graduate
complex for
KNUST
A
head of the NDA government's first full budget, ICICI Bank
BSE 0.05 % Chief Chanda Kochhar has said investors are
considering 'continuous and quick decision-making' as
also for the capital investment plans of the government in
numerous areas counting infrastructure.
To attend the 45th World Economic Forum Annual meeting,
Kochhar said everyone is also looking forward to the completion of
the GST legislation and added steps to recover ease of doing business
and improve investments.
"In terms of major policy moves, I think what everyone is looking
for is the finalization of the GST legislation and the timeline for its
implementation.
According to her, Prime Minister of India Narendra Modi and his
government have voiced their promise to growth-friendly policies,

2. Wassupafrica02
Ghana’s Talks with IMF
on Track
The leader of the government’s
negotiating team with the International
Monetary Fund (IMF), Professor Kwesi
Botchwey, has stated that negotiations
with the fund are very much on track.
He told newsmen that apart
from a few residual information and
statistical issues that remained to
be resolved, the government and the
IMF were reviewing key issues on the
2015 Budget. “Once this has been
completed, I expect, and I’m confident,
that the fund’s mission will then
launch the internal review processes
that will culminate in the IMF Board's
consideration,” he said.
Prof. Botchwey, a former Minister
of Finance, said the government
expected the approval of a programme
with the IMF in the next few weeks.
He described the negotiations as
having gone well so far, considering
the difficult challenges and the complex
issues that needed to be addressed in
the programme.
That, he explained, was against the
backdrop of President John Mahama’s
concern for the programme to achieve
the twin objectives of macroeconomic
stability and employment generation
during the programme period.
Modern Ghana
Mali government, UN declare country
Ebola-free
Bamako (AFP) - The Malian government and the United Nations declared the
country free of Ebola after registering 42 days without any new cases of the
deadly virus.
"I declare this day... the end of the epidemic of the Ebola virus in Mali,"
Health Minister Ousmane Kone said.
Ibrahima Soce Fall, the head of the Malian office of the United Nations
Mission for Ebola Emergency Response (UMEER), confirmed the country "had
come out" of the epidemic.
Modern Ghana
Kenya targets Indian and
Australian tourists
Seychelles Tourism Board 2015 advertising
campaign stamped “I love Seychelles”
Kenya Tourism Board (KTB)
has embarked on a reassurance
campaign to woo more tourists
from India and Australia. A
statement by the tourism marketer
says the media sessions will assure
the various tourism markets that
Kenya is safe to visit and invest.
KTB Managing Director
Muriithi Ndegwa told Indian
stakeholders in New Delhi that
travelling to Kenya is still safe. "The
Government has taken adequate
precautionary measures and there
is no restriction to travel to holiday
destination resorts at the Coast,
Maasai Mara, Amboseli, Mt Kenya
and Laikipia for both safari and
wildlife excursions,” he said.
He noted that Kenya is blessed
with breathtaking scenery, wildlife
and an array of culture in addition
to exquisite cuisine and hospitable
people. Ndegwa noted that despite
various concerns, the fall in India’s
tourist arrivals during the January–
The Seychelles Tourism Board has
adopted the “I love Seychelles”
national theme to drive its
marketing campaign in 2015.
The national theme launched
by James Michel, President of the
Republic, will give a fresh touch
to the Seychelles Tourism Board’s
marketing campaign. In her
speech at the Ministry of Tourism
& Culture’s annual general staff
meeting held on January 13 at the
ICCS (International Conference
Centre) auditorium, Sherin Naiken,
Chief Executive of Seychelles
Tourism Board, said that the “I love
Seychelles” national theme could
not have been a better fit for the
Seychelles Tourism Board.
A sentiment largely shared
by Alain St.Ange, the Minister for
Tourism and Culture, strongly
believes that the “I love Seychelles”
campaign will bring out a sense of
Cape Town Leads the Way
as a Green City
Cape Town has scored highly
in an African Green City Index
released by Siemens. Earlier in
2014, the Mother City was named
Global Earth Hour Capital 2014,
following the WWF’s Earth Hour
City Challenge.
The Siemens report looks at 15
African cities that have committed
to improving their environmental
footprint and scores each city on
factors such as land use, transport,
waste, water, and sanitation and
air quality.
Cape Town was 'well above
average' in the category of land
use and was the top-performing
African city in this regard. The
report states: 'Home to multiple
nature reserves containing some
of the world’s rarest plant species,
Cape Town has the greenest space
in the index. The city boasts an
estimated 289 square metres of
green space per person, about
four times the index average of 74
square metres.'
Much effort has gone into
improving Cape Town's public
transport in recent years and
this, too, has been recognised.
'Cape Town has invested US$5.8-
billion over the last six years in
developing a new bus-rapid transit
(BRT) network. As a result, it is
among the top cities in the index
for the length of superior forms
of transport, such as metro, tram
or BRT lines. The city’s superior
public transport system measures
0.11km per square kilometre,
compared with the Index average
of 0.07km.'
Modern Ghana

Professor Kwesi Botchwey
Ashish Thakkar,
Sara Yeboah, CNN
pick Africa Youth
Awards
The Africa Youth Awards, an annual
award scheme to recognise the hard
work of young Africans is pleased to
announce the deserved honorees of
its first edition.
Launched in 2014, application
for nominations were open through
the media which prompted young
people from across 15 African
countries to nominate young change
makers who are changing the destiny
and course of the African continent
through amazing initiatives.
After several weeks of
consultation between the team
and nominees; they were asked
to submit detailed information
of themselves and organisations
they represent in order to provide
evidence for the works they are
doing on the continent.
To read detailed profile of
winners of the first edition of the
Africa Youth Awards below, kindly
visit www.africanviewpointjpurnal.
com. These young people work
across disciplines, at the forefront of
their fields.
The winners and organizations
will be featured in a TIME BREAKING
DOCUMENTARY on Africa dubbed
THE AFRICAN ENGINE as the
strategists empowering the
economic and human development
of Africa.
The Documentary will be
featured on YouTube and Television
Stations across the globe with the
purpose to promote the works this
young people under 35 are doing.
On behalf of the Board and Team
I congratulate them on this feat and
hope they would continue to be a
great inspiration to young Africans
across the world.
Modern Ghana
September period was less by five
per cent. More than 42,910 Indian
tourists visited Kenya in the first
ninemonthsof2014.KTBmaintains
that India is still the biggest market
in Asia for Kenya and fifth largest
source market into Kenya globally.
“Kenya is coming up with
various promotions and activities
to highlight the local destinations
in the Indian market to attract the
ardent travelers seeking to be up
close with nature and wildlife,”
he said. “India is an important
source market of Kenya as a tourist
destination. We are here to reassure
the travelers that Kenya is open for
business and is very safe.”
Ndegwa said a number of key
global events like the World PR
Forum 2015, World Skal Congress
2015, the World Conference in PR
in emerging Economies and the UN
World Trade Organization will be
held in Kenya.
Eturbo News
“patriotism” and will encourage the
involvement of Seychellois in the
tourism industry. This campaign
will help raise the Seychelles’
profileconsiderablyandstrengthen
awareness of Seychelles as a
destination.
It would also promote local
businesses run by Seychellois
entrepreneurs.
The Seychelles Tourism Board
will take this campaign to another
height by launching a series of viral
videos and photos competitions on
its social media platforms. Visitors
willgetachancetosubmitentriesof
their fun-filled holiday in Seychelles
and stand a chance to win a lifetime
offer as a grand prize. Giveaways
and corporate gifts reflecting the
“I love Seychelles” theme will also
emerge as the Seychelles Tourism
Board’s new line of products to
market the destination worldwide.
Following discussions between
Minister Alain St.Ange, the CEO of
the Tourism Board Sherin Naiken,
and PS for Tourism Anne Lafortune,
they all agreed that this year's
national theme will help to develop
more respect for one another and
for its visitors. "When we love
Seychelles, we should not see any
adverse incidents that could make
Seychelles lose its safety label," said
Minister St.Ange, as he appealed for
every Seychellois to embrace this
year's national theme.
Eturbo News
MONDAY | JANUARY 26, 2015

3. Wassupafrica 03
FROM PAGE 01
C
ameroon, Chad and Niger
have launched a regional bid
to combat the Boko Haram
Islamists, as their attacks spread
beyond Nigeria and concern
mounts over the Nigerians' failure
to regain control.
The three neighbours have
opted for a joint military response
to the cross-border threat from
Boko Haram fighters and have
made veiled criticisms of Nigeria,
whose armed forces appear no
match for the Islamist group that
emerged in 2009.
Brutal raids, massacres, suicide
bomb attacks and kidnappings
by Boko Haram have claimed
at least 13,000 lives and driven
an estimated 1.5 million people
from their homes, mainly in arid
northeastNigeria.Officially,allfour
states, whose borders converge
in remote territory at Lake Chad,
formed a military alliance that was
due to take shape last November to
battle Boko Haram. But building a
combined Lake Chad force seems
to have dropped off the agenda.
Cameroon in particular has been
critical of what it sees as the
Nigerian authorities' passivity in
the face of Boko Haram.
'Boko Haram's
deadliest act'
The move comes after the Islamists
seized Baga town on the Nigerian
Nigeria's neighbors
band together to fight
Boko Haram
The Jospong Group of Companies,
a multi-facetted business entity, has
constructed a graduate school complex,
at the cost of $1.2 million for the
Kwame Nkrumah University of Science
and Technology (KNUST). The complex
is named after the Executive Chairman
of Zoomlion and Jospong Group of
Companies, Dr Joseph Siaw Agyapong.
It comprises offices, conference
halls, seminar rooms, and other
ancillary services which will make
teaching and learning very conducive.
Aside from the facility, the company
will provide furnishing for the building, a
bus, as well as GH¢2 million every year
for research work in the school.
Speaking at the inauguration of
the school complex in Kumasi last
Friday, the Vice-Chancellor of KNUST,
Professor William Otto Ellis, lauded the
company for recognizing the need to
promote human resource development
through the school. He said KNUST,
in the wake of changing trends in the
field of higher education, had expanded
its frontiers in terms of the number of
programmes, programme content,
student numbers and infrastructure
base, in order to position the school
as a key partner in the development of
Ghana and Africa. Therefore, he said,
the new complex would provide an
identity for the university as well as
signify its growth and priorities as the
leading tertiary educational institution.
Professor Ellis expressed optimism
that the bond of friendship between the
university and the company would grow
from strength to strength, adding that,
“we are proud that you sowed a very
good cause, which is graduate studies,
Jospong Group builds graduate
complex for KNUST
a catalyst for development and social
transformation”.
For his part, Dr Agyapong said
the success of the company, over
the years, had been built around
graduates from the KNUST with different
specialties. He expressed the hope that
the programmes that would be hosted
in the new facility would provide great
learning experiences for students and
facilitate innovation and discovery to
develop creative solutions to Ghana’s
socio-economic challenges. He said
aside from the fact that the facility would
benefit the university, it was also an
external research department for the
Jospong Group, as students would be
challenged to research into various
areas of sanitation, the outcomes
of which would be implemented for
national development. He said while the
government had taken steps to solve
the sanitation challenge in the country
by initiating the National Sanitation Day
(NSD), the company, in its effort to
support the initiative, would also sponsor
students to conduct research into other
areas of sanitation management.
Additionally, he said, up to 10
students would be sponsored to grow
their initiatives on waste management
adding that, “Ghanaians need exposure
and once you expose the student to
other areas, then they will be good
at what they do”. Dr Agyapong also
pledged the company’s commitment
to supporting initiatives as well as
fight the sanitation challenge in the
country through the capacity building
of its staff and in partnership with other
government institutions.
Graphic Online
shoreofLakeChadearlythismonth
in an offensive that "could be Boko
Haram's deadliest act", according
to Daniel Eyre, Nigeria researcher
for Amnesty International.
Eyre said as many as 2,000
civilians may have been massacred,
but Nigeria's army objected to the
"sensational" claims and said that
the death toll in Baga was about
150.
The Islamists detained "over
500 women and hundreds of
children" in a school, one woman
who escaped the area told
AFP, adding that she had seen
"decomposing bodies scattered all
over".
US Secretary of State John
Kerry joined rights monitors in
blaming Boko Haram for "a crime
against humanity" on the basis
of evidence from the towns in
northern Nigeria. Nigeria's army
had planned to use the isolated
settlement of Baga as one of its key
bases to work with a regional force.
However, the other countries
are opposed to any major
deployment inside a bastion of
Boko Haram, which is against
Western education and wants to
establish an Islamist caliphate.
"The most worrying situation
for us today is Nigeria, it's
the situation of Boko Haram,"
Niger's Defence Minister Karidjo
Mahamadou said after the fall of
Baga.
"Since November, we have no
longer been at that post (Baga).
We explained to the Nigerians that
we could not stay since we did not
wish to put the lives of our soldiers
in danger," Mahamadou said.
'Kick out the evil
forces'
Like Niger, Cameroon was strongly
opposed to the Baga deployment
option and will not send any troops
into Nigeria on a permanent basis,
security sources said after officials
said the army killed 143 Boko
Haram fighters who had attacked a
military base in the northern town
of Kolofata.
President Paul Biya favours the
exchange of intelligence reports
to enable coordinated operations,
but believes each nation should act
on its own territory around Lake
Chad, the security sources said.
Cameroon has for months
complained about the Nigerian
army's lack of fight and mass
desertions in the face of the
Islamists.
"Nigerian soldiers abandon
their weapons when they desert
their positions," a Cameroonian
military officer said early this
week. "Those are the weapons with
which we are attacked."
For Chad, its battle-hardened
army will step in to help "in the
courageous and determined
response of (Cameroon's) armed
force against the criminal and
terrorist acts of Boko Haram," the
government stated Wednesday
after President Idriss Deby
received Cameroon's defence
minister.
Modern Ghana
administrative efficiency and
ease of doing business, as well as
safeguarding macro-economic
stability and maintaining fiscal
discipline.
Kochhar, who heads the
country's largest private sector
bank, said the government has
acknowledged the prominence
of foreign capital and its role in
bringing in technology as well as
international linkages.
A sharp fall in oil prices is
expected to handover USD 1.5
trillion of capital to consumers,
bringing the US back as global
growth engine while India is the
most promising story among
emerging markets, says a study.
India may overcome China in
terms of growth rate in a few years,
global analytics and information
services major IHS said here on the
first day of WEF annual meeting.
Overall, the BRICS gap has
broadenedasdevelopedeconomies
are taking the lead.
“With many of today’s
economic trends reminiscent of the
1980s and 1990s, we are looking
at a ‘Back to the Future’ scenario
for the global economy,” IHS Chief
Economist Nariman Behravesh
said.
“Once again the US is a
locomotive of global growth, the
dollar is resurgent and US oil
production is set to be the highest
in the world,” he said at the
World Economic Forum in Davos,
Switzerland.
“Everyone right now is talking
about the impact of the oil price
plunge,” Behravesh said.
The67percentdropinoilprices
in 1985 and 1986 was trailed by a
global boom. While three decades
later the global environment is
changed, and a boom may not be in
the offing, the big drop in oil prices
will help growth.
On BRICS, IHS said the
deviation in the performance of the
big developing markets is getting
wider. IHS presumes the Russian
economy to contract by 4 per cent
this year and the moribund state
of the Brazilian economy will
continue.
The US growth will continue
to be solid, in spite of weakness
in other parts of the world and
dropping oil prices. The US
economy should be able to grow
by 3 per cent in 2015 without too
much trouble. “Strong domestic
demand growth will, as it has in the
past, provide a strong foundation
and buffer for the US economy,”
Behravesh said.
Tej Kohli, the Indian-born
high-tech entrepreneur, global
businessman and passionate
philanthropist, called on the 500
business leaders, academics,
opinion formers, and politicians to
stop peacocking and stress on the
acute and global threat of youth
unemployment. Tej Kohli made
the observations at a summit for
the Tej Kohli Foundation which is
fervent about addressing the needs
of the disadvantaged; in India its
emphasis is on assisting to renovate
sight to the 4.8 million blind Indians
who could be cured through having
corneal transplants.
President Abdelfattah Said
Hussein Sisi of Egypt said that
the many challenges Egypt faces
will not distract him from the
imperative of meeting the demands
of the country’s twin revolutions.
In a special session, he told
participants this entails completing
the renewal of national institutions
through parliamentary elections
in March 2015, revitalizing the
social contract through economic
development, and addressing
violence and extremism.
On Islam, Sisi echoed remarks
he made recently at Al-Azhar
University in Cairo. “Islam is a
religion of tolerance yet over recent
years it has become associated
with violence and extremism.
It is time to stop and think and
consider a religious discourse that
sets aside the elements that can
lead to misunderstanding. No one
has the monopoly of truth and no
one should believe their ideas are
better than those of others,” he said.
The Co-Chairs of the Annual
Meeting 2015 were: Hari S. Bhartia,
Co-Chairman and Founder, Jubilant
Bhartia Group, India; Winnie
Byanyima, Executive Director,
Oxfam International, United
Kingdom; Katherine Garrett-
Cox, Chief Executive Officer and
Chief Investment Officer, Alliance
Trust, United Kingdom; Young
Global Leader Alumnus; Jim Yong
Kim, President, The World Bank,
Washington DC; Eric Schmidt,
Executive Chairman, Google,
USA; and Roberto Egydio Setubal,
Chief Executive Officer and Vice-
Chairman of the Board of Directors,
Itaú Unibanco, Brazil.
The World Economic Forum
has commended governments to
measure minimum wages, trade
union membership, investment
in public services and corruption
as part of an action plan for
undertaking rising inequality.
The WEF has published 14
measures of inclusive growth as
it responded to criticism that the
assembly of 2,500 business leaders,
academic and policymakers has
become an exercise in hand-
wringing about the gap between
rich and poor.
Christine Lagarde, the
Managing Director of the IMF, Pope
Francis, Jim Kim, the president of
the World Bank and Mark Carney,
the governor of the Bank of
England, are among those who have
stressed the need to ensure that the
fruits of economic progress are
shared more equally. Carney will be
taking part in a panel in Davos this
week titled: “A richer world but for
whom”.
Rick Samans, a member of the
WEF board and a former economic
adviser to Bill Clinton, said: “There
is almost universal agreement
about the direction that countries
need to go in. It has almost become
a mantra. We are coming up with
concrete policy guidance.”
The WEF paper says
governments should assess 14
yardsticks of progress under
six pillars: education and
skills; employment and labour
compensation; asset building and
business investment; corruption
and rents; fiscal transfers; and
basic services and infrastructure.
Using the tool would allow policy
makers to have a clearer sense
of how well they were exploiting
“available policy space across the
full spectrum of levers”.
Overall the meeting has
conversed security risks and
challenges in the Middle East
and other regions that are posed
by terrorist organisations. It has
further discussed the commenced
and desired determinations for
facing extremism and violence
internationally through studying
the possibility of cooperation
between governments, the
business community and the civil
society to address the phenomenon
of growing extremism and enable
decision-makers to take into
account the balance between civil
liberties and security. The forum
took place from 21-24 January.
mONDAY | JANUARY 26, 2015

4. CountryoftheWeek04
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ANGOLA AT
A GLANCE
Full Name: The Republic of
Angola
Population: 20.2 million
(According to UN, 2012)
Capital: Luanda
Area: 1.25 sq km (481,354 sq
miles)
Major Languages: Portuguese
(official), Umbundu, Kimbundu,
Kikongo
Major Religion: Christianity
Life Expectancy: 50 years (Male),
53 years (Female)
Currency: Kwanza
Main Exports: Oil, Diamonds,
Minerals, Coffee, Fish, Timber
International Dialing Code: +244
economy grow by 10% annually,
thus making it the fifth largest
economy in Africa. 97% of exports
and 80% of state revenues in
Angola come from oil.
Although the country’s
oil dependency poses some
challenges too. Dependency on
oil (95 percent of exports and
75 percent of budget revenues
and near half of GDP in 2013)
makes the country susceptible to
volatility of oil prices. The country
lacks human capital and proper
infrastructure, and most of the
wealth from oil is concentrated
T
he Republic of Angola, the
seventh largest country in
Africa is one of the major oil
producer in Africa. After gaining
independence in 1975, Angola
ranks among the world’s poorest
countries, and is trying hard to
tackle political and economic
hardships left as a legacy of 27
years of civil war.
Despite of being one of Africa’s
leading oil producer, most of
the Angolan population live
on less than US $1 per day. Oil
exports and foreign loans have
contributed to economic growth.
The country is gradually building
its infrastructure.
With vast mineral and
petroleum reserves, the country’s
economy has experienced a
double digit growth since 1990s.
Inspite of all this, Angola remains
one of the poorest nations of the
world, with majority of world’s
population concentrated mostly
in small sector of the population.
Angola is also a member nation
of the United Nations, OPEC,
African Union, the Community of
Portuguese Language Countries,
the Latin Union and the Southern
African Development Community.
Rich in oil, diamonds, copper
and gold, Angola’s financial
system is managed by the National
Bank of Angola and the Governor.
Moving from a period of unrest
due to the civil war to the fastest
growing economy in Africa with
average GDP growth of 20 per cent
between 2005 and 2007, Angola’s
economy has undergone huge
transformations in the recent
years.
Too much Oily
The South African nation has
grown rapidly mainly thanks to oil.
Oil and diamonds make upto 60
percent of the economy. Crude oil
production expanded making its
gaining momentum. Tourism is
also on the rise, but a lack of hotels
and other accommodations make
it an expensive place to stay. Thus
there is a need for investments
in the tourism sector. Angola has
huge potential in manufacturing
and labor market. Although setting
up a business is not an easy task
in the country, the government is
working towards improving the
business situation of the nation.
The nation’s GDP grew 5.1% in
2013, which are below the target
figure, results of the 2014 are still
awaited.
Need for
Diversification
The government is taking steps
to improve the living conditions
with large scale investments being
made to provide better access to
ANGOLAANGOLATHE KUWAIT OF AFRICA
in a small sector of the country.
The lack of infrastructure and
human capital undermines
competitiveness, makes the
country heavily reliant on imports,
creates income inequality and also
hampers the growth of the non-oil
sector.
Other Avenues
The non-oil sectors have also
started thriving in Angola. Banking,
telecom, construction and retail
sectors have started doing well.
Manufacturing sector is also
Below the Earth
Rich in mineral resources, Angola
has a huge potential in the mining
sector. Iron ores, phosphate
deposits, marble, granite and
quartz reserves are present in
abundance. These sectors are
still unexplored, and can play and
crucial role in the growth of the
economy.
Angola’s extra GDP in the year
2013 came from the non-oil energy
sector, agriculture, fisheries,
manufacturing and construction.
The projected growth for 2014 is
7.9% and it is expected to go up
further to 8.8% in 2015.
The country also has huge
potential in agriculture having
the appropriate climate, soil
and topography. Angola being
appropriate for modern and large
scale agriculture and production of
wide variety of crops, and having
vast underground resources of
minerals and other resources,
Angola has a huge potential to
succeed in other sectors apart
from oil.
electricity, water and transport.
New foreign exchange currency
laws and mining laws have been
introduced to modernize financial
sector and boost businesses. The
authorities have also developed a
vision to reduce poverty, the long
term vision document entitled
Angola Visão 2025. The need of
the hour is to reduce the country’s
dependency on oil, which will in
turn help to stabilize the economy
in times of meltdown in the oil and
energy sector.
The African Development
Bank (AfDB) has also been
actively involved in Angola. It has
provided support to agriculture,
environment, social (health
and education), and water and
sanitation sector.
MONDAY | JANUARY 26, 2015

5. BusinessBuzz 05
Canadian firm to open stevia
plant in Rwanda
SWIFT will open two new offices
in 2015 – in Accra, Ghana and
Nairobi, Kenya – as a crucial part of
its pan-Africa growth plans. From
these offices, SWIFT will manage
an expanded presence across the
West and East Africa regions.
Christian Sarafidis, Deputy
Chief Executive, EMEA, SWIFT,
says: “These plans will be a
significant milestone for our sub-
Sahara business. They recognise
Africa’s vibrant economic growth
and future potential, and reflect
SWIFT’s ongoing commitment to
get closer to its customers in these
crucial markets.”
SWIFT’s sub-Saharan Africa
business, with its head office in
Johannesburg, was established
morethan30yearsago.Inthattime,
Africa’s economies have changed
beyond recognition and there is a
growing need for SWIFT to expand
to meet new client expectations
and business opportunities. Hugo
Smit, head of Sub-Sahara Africa,
SWIFT, says: “The fact that Africa
is rising is evident in various key
economic indicators such as GDP
growth, FDI and infrastructure
investment growth. It is also
corroborated by the growth in
SWIFT traffic volumes. Such
growth requires sound financial
systems, securities systems and
regulatory compliance. These are
all areas where SWIFT can make
an important contribution.
“SWIFT’s collaborative
Swift Announces Expansion Plans To Support
Vibrant Business Growth in Sub-saharan Africa
approach and ability to offer
solutions that benefit the entire
community makes it a unique
organisation. By opening offices
in West and East Africa, we
will not only be able to further
improve our solution and services
offering to customers but will
be better placed to support local
communities and the development
of regional initiatives.”
Six of the ten fastest growing
economies in the world are in
Africa and economic growth in the
sub-Saharan region is expected to
rise from 4.7% in 2013 to 5.2%
in 2014. Moreover, recent World
Bank figures show that capital
flows to sub-Saharan Africa have
continued to rise, reaching an
estimated 5.3% of regional GDP
in 2013, significantly above the
developing-country average
of 3.9%. Recent data from
SWIFT supports this trend and
demonstrates that its business in
Africa has outperformed the total
growth of the SWIFT business
A Canadian-based Company,
Stevia Life, is set to establish a
Stevia processing plant in Rwanda.
Stevia is a sweetener that comes
from a plant and has no calories.
Plans are in advanced stages,
according to Bruce Irambona,
the General Manager of Stevia
Life Rwanda. Irambona said the
proposed site for the plant will be
either Rulindo District or Kigali
Special Economic Zone. The plant
is expected to produce 500 tonnes
of stevia per year. Irambona said a
kilogramme will cost $150.
Stevia is a green, leafy plant
originating from South America,
mainly Paraguay, used as a natural
sweetener in drinks and meals.
By November 2011, Rwanda’s
stevia production per hectare was
1.3 tonnes and now it has reached
2 tonnes per hectare every three
months under the pilot projects
in Ngoma Sector, Rulindo District,
Northern Province. The pilot
project now covers 42 hectares
and employs 250 people. In
2014, 100 tonnes of Stevia were
exported to China. The price of dry
stevia leaves in Rwanda is $1.5 to
$2.6 per kilogramme, depending
on the quality and quantity.
BMW brings
Connected
Drive come
to Africa in
March 2015
When the BMW i3 and BMW
i8 go on sale in South Africa in
March 2015 they will have a
built-in connection to the Internet.
The new BM vehicles will come
with a built-in communications
box into which a SM card is
inserted and the service is called
Connected Drive. These on-board
Internet services will add to the
overall demand for data. BMW
suggests that 2015 it will have 5
million of these connected cars
globally. The standard Intelligent
Emergency Call system offers
precise vehicle location and the
technology can be used with a
different package to gauge the
severity of the accident. The
TeleServices monitors the car’s
data from fluid levels to brake
pads. Drivers can establish a
connection with their car and
using their phone and Remote
Services activate functions in
the car. From July 2015 it will be
possible to buy ConnectedDrive
on a monthly or annual basis. The
BMW ConnectedDrive Services
will be the prerequisite for the
additional services RTTI, Internet,
Concierge and Remote Services.
The pricing will be R4,500 / 3
years and standard on the BMW
5, 6 & 7 Series as well as the
BMW X5 and X6. Pricing for the
RTTI option is R1, 900 for 3 years
and standard with the BMW 6
and 7 Series. Pricing for the BMW
Remote Services will be R650 and
will be offered as standard with
the BMW 6 and 7 Series. Pricing
for the BMW Internet Service will
be R1,300 / 1 year and will also
be standard with the BMW 6
and 7 Series. The pricing for the
Concierge Services will be R3,200
/ 3 years and standard with the
BMW 6 and 7 Series. The system
can also detect car accidents, so
if someone's incapacitated and
can't reach out for help, Verizon
Vehicle will automatically send
emergency assistance.
The system is up for preorder
now at about $15 per month with
a two-year contract ($13 for each
additional vehicle). Verizon values
the equipment at $120, but it's
free with the contract. Its debut is
slated for around late March 2015.
Balancingact- Africa
globally. In 2014 eleven countries
in Africa experienced traffic
growth of above 20% and six
countries saw traffic grow by more
than 30%; in the same period. As a
reflection of the strong economic
growth across the continent, the
rise in payment traffic over the
SWIFT network has been very
strong. Volumes rose by almost
22% in Africa versus 8% total
growth worldwide.
“Payments remain a major
focus for SWIFT in sub-Saharan
Africa and there is great support
from policy makers, central banks
and commercial banks for further
development of financial market
infrastructures. These help to
make the intra-regional payments
space more competitive, open the
way for new products and services
to be offered by participating
financial institutions and reduce
the need for foreign financial
intermediation,” says Smit.
SWIFT has been working
closely with the Southern Africa
Development Community (SADC)
on its development of the SIRESS
payment system. The third phase
went live in September, meaning
that almost 70 commercial
banks in nine countries are
now participating in the system.
Transaction volumes as well
as values over the system are
exceeding expectations and
continue to rise. SWIFT is also
working with other regions
towards their plans for regional
payment systems, including the
West African Monetary Zone and
the East African Payment System.
Another crucial area for SWIFT is
the securities markets. Outside
a handful of countries such as
South Africa, Nigeria and Kenya,
most national securities markets
are at a relatively early stage
of development. There is huge
potential to unlock greater local
and intra-regional investment
through the use of standardised
and harmonised financial market
infrastructure.
“With the right financial
infrastructure in place and
through industry collaboration,
Africa has a great opportunity
to improve the liquidity and
efficiency of its capital markets,
leading to cheaper equity funding
and greater risk sharing for the
continent’s expanding corporates.
Robust and efficient securities
markets will continue to support
foreign investment but also
encourage higher levels of intra-
African investment. This is good
for companies and investors,” says
Ian Bessarabia, Head of Business
Development, Sub-Sahara Africa,
SWIFT. Sarafidis concludes:
“The Sub-Saharan Africa region
continues to outpace SWIFT’s
global business in terms of traffic
volume growth. This fully supports
our plans to expand SWIFT’s
presence on the continent. Most
importantly, we are excited about
the potential to grow our business
here and further increase the
African region’s contribution to
the global organisation.”
Modern Ghana

Christian Sarafidis, Deputy Chief
Executive, EMEA, SWIFT
JeanMarieVianneyMunyaneza,
Agriculture Diversification
and Product Development
Division Manager at the National
Agriculture Export Board (Naeb),
said for the stevia processing plant
to be set up in Rwanda, there was
need to increase the acreage to
at least 1,000 hectares. SteviaLife
has committed to provide all
required inputs, including
seedlings, fertilisers and nursery
breeding, and Naeb will facilitate
implementation.
According to Naeb and
SteveLife figures, a stevia farmer
can harvest about six tonnes per
hectare per year. Stevia plant
grows better in areas with reliable
rainfall of 1,800 mm per year and
alternate sunny and rainy seasons
as well as at an altitude of 1,650
and above.
Irambona said trials from 2013
showed that the quality of Rwanda
grown stevia was high as it has 14
per cent of rebaudioside A at the
very start while some countries
have 12 per cent, the minimum
percentage. The countries of
origin of the plant, like Paraguay,
can contain up to 17-18 per cent.
Authoritynutrition.com, a site
that helps people make informed
decisions about their health, states
that Stevia reduces elevated blood
pressure, a major risk factor for
many serious diseases like heart
disease, stroke and kidney failure.
As people become more
conscious about the use of
ordinary sugar, the use of stevia
is gaining momentum. Irambona
said more people will embrace
Stevia within three years.
New Times
mONDAY | JANUARY 26, 2015

6. FRANKLY SPEAKING06
By kirit sobti,
editor, iat
editor@indoafricatimes.com
Have you experienced love at first bite? None of us
is unfamiliar to temptation, but nothing makes it
vibrant how a strong craving and desire can be felt
with a smoother, creamier and chunkier delight.
The first thing that bangs you is the tingly tongue
sensational chocolate. And when most people
think of chocolate, Swiss confectionery houses and
Belgian pralines bounce to mind. It’s a colorful scene.
But it’s also not the reality.
That chocolate bar you are usually unwrapping
from its tickly silver foil perhaps comes from Africa.
Cocoa is full-grown in several areas but production
is focused in West Africa, specifically Côte d'Ivoire
(the world’s largest producer), Ghana, Nigeria and
Cameroon, which together signify more than 70%
of world cocoa production. Togo, Sierra Leone and
Liberia produce some amount of cocoa.
It develops from the seeds (cocoa beans) of
the cocoa fruits (cocoa pods), which cultivate on
cocoa trees. The production of cocoa starts out in
the tropical regions around the Equator where the
hot and humid climate is well suited to rising cocoa
trees.
In some countries of West Africa such as Ivory
Coast and Ghana, up to 90% of the farmers depend
on on cocoa for their main income. No other
country comes to mind more than Ghana when one
think of cocoa. And Ghana cannot be thought of
without reference to its cocoa sector, which offers
livelihoods for over 700,000 farmers in the southern
tropical belt of the country. It goes forward to be
one of Ghana’s main exports and has been central
to its discussions on development, reforms and
poverty alleviation policies since independence in
1957.
Recently, the African Export-Import Bank
(Afreximbank) has furnished $350m to support
cocoa processing in Ivory Coast, Ghana, Nigeria
and Cameroon and plans a further $400m cash
boost in future. The Bank signed a MoU with the
International Cocoa Organization (ICCO) to boost
the African cocoa sector.
Nigeria is amongst the top cocoa producers in
the world, however, due to raw high exports the
country reaps far less than it should.
Olusegun Aganga, Nigeria's Minister of
Investment, Trade and Industry, says that in the 60s
THE DARK FANTASY
Gilbert Kone Kafana
Minister for Labour and Social
Affairs, Ivory Coast
Stephen Sembuya
CEO and Co-Founder, Pink
Food Industries
A local Ugandan company has now
introduced chocolate manufactured in
the country itself in Uganda’s market.
Till now, the chocolate available in
most supermarkets in Uganda were
made in Switzerland, Belgium, Brazil,
Malaysia and Turkey. These chocolates
were very expensive, costing atleast
20,000 shillings ($7.25, 5.90 euros),
thus making chocolate a luxury in
Uganda. "When you were growing up
and you had a parent or relative going
out of the country, you would always
tell them 'you bring me chocolate’,"
Pink Foods CEO and co-founder
Stephen Sembuya said. The company,
Pink Foods Industries, is providing
chocolates to the Uganda market since
May 2014. They are selling chocolates
through social media. Pink Food’s
main customers include restaurants
in Kampala which use the chocolate to
make desserts. Also, these chocolates
are made available at a comparatively
lesser price of 5,000 shillings ($1.80,
1.48 euros). The company was started
by Sembuya and Okuye, both friends.
The duo is satisfied with the reception
of its products in the Ugandan market.
Although they were caught by surprise
when they started receiving orders
from a Swiss factory. "We realized
that what we were doing is not as
ordinary as maybe we thought it was,"
said Okuye, adding they've also sold to
South Africa, Kenya, Egypt, Indonesia,
Malaysia, Turkey and Britain. Other
African nations are also keen on
partnering with Pink Foods so as
to provide cheap chocolate to their
population. "People are eager to know
this kind of chocolate coming from
Uganda," said Okuye,"Ghana's interest
was so amazing, they were asking even
to be agents." The biggest challenge
the two friends faced in this startup
was the raising of capital, “"Cocoa is
very, very expensive to process," said
Sembuya.”The would-be financing
institutions, mainly the commercial
banks, understand one thing: a
business with a history, not a business
that is starting. Our plan is for the
price to come down when we go to
large production." Around 100 farmers
grow the cocoa which is used by Pink
Foods in making its chocolates. The
production of cocoa is around 10kg
or 400 bars per day. The farmers in
Uganda although producing cocoa
since generations have never had
the opportunity to taste a chocolate.
Okuye said, "When we gave our farm
manager the first product to taste his
face was so amazing, he was saying
'really this is coming out from what we
are doing?'"
"The taste of the chocolate and the
taste that is familiar to him with the
cocoa from the pods is two different
things. The foreigners have a higher
affinity with a bit of bitter chocolate,
whereas Ugandans seem to have a
sweet tooth."
This chocolate is made
in Uganda
The chocolate companies have
a duty to engage with us. We
need to build roads, schools,
hospitals and social Centres
anything that would allow
Ivory Coast to progress. This
development is necessary for
farmers to have a good life, and
it is in the interest of the industry
to work with us.
No other
country comes
to mind more
than Ghana
when one think
of cocoa. And
Ghana cannot
be thought
of without
reference to its
cocoa sector,
which offers
livelihoods for
over 700,000
farmers in
the southern
tropical belt of
the country.
and 70s Nigeria had one of the top cocoa industries.
And even though they are still one of the highest
cocoa producers they don’t gain full pay back as they
export most of it.
“You see the value of cocoa beans is roughly
about 10 billion dollars, but the value addition
even just from chocolate alone is more than 100
billion dollars. That tells you that we’re only getting
a fragment, a small proportion, of the total value,”
said Aganga.
Aganga says as part of President Goodluck
Jonathan’s transformation agenda, in order for
the country to reach economic and revenue
diversification they cannot rely predominantly on
oil.
Nigeria’s Minister of Agriculture and Rural
Development, Akinwunmi Adesina, says that one of
the important fundamentals needed for Nigeria to
become a worldwide player in the cocoa industry is
concise planning.
“The plan has a clear strategy that we are going
to raise our cocoa production as a country from
250 thousand metric tons annually to about 500
thousand metric tons by 2015,” he said.
Adesina says the strategy includes looking at
how the country can add value to the cocoa industry,
producing products such as cocoa butter, liquor and
chocolate.
“The size of that market (chocolate) is over 80
billion dollars every year. Farmers of West Africa
don’t get more than three to six per cent of that
market. Where Europe and the United States, who
don’t grow it, make most of the money,” said
Adesina.
“I mean I love chocolate but I’d rather have
Nigerian chocolates than the ones that I buy in
Switzerland,” he added.
At the same time concerns are raising that the
Harmattan wind blowing across Cộte d’Ivoire and
Ghana as well as Nigeria could diminish the size
of this season’s cocoa crops in those countries
continue to fortify the market.
A strengthening of the seasonal wind that
brings dry, dusty air from the Sahara typically from
December to March across parts of West Africa has
elevated apprehension that it is harmful to the cocoa
trees.
Cocoa prospects on New York’s ICE came
under pressure recently amidst a securer dollar in
contradiction of a basket of currencies. A stronger
dollar makes dollar-based cocoa more costly in
other currencies. Nevertheless, London cocoa, which
trades in sterling, benefited from a weaker UK
pound against the dollar.
New York March cocoa touched a low of $2,888 a
tonne on Jan. 6, before cutting down losses to finish
at $2,902 a tonne, down $42 on the day. London
cocoa for May delivery dipped to £1,991 a tonne
before settling at £2,000 a tonne, a £12 loss on the
day, but a £13 gain on the week so far. New York
March cocoa had finished at $2,944 a tonne.
If few chocolate lovers recognize the hard work
that goes into making their preferred delight, even
fewer hard-toiling cocoa bean farmers get to relish
the sweet fruits of their toil.
When you were growing
up and you had a parent
or relative going out of the
country, you would always tell
them 'you bring me chocolate’,
our present price is quite
good, low compared to the
imported chocolate.
Get your Passports Handy, and Unwrap the World of Chocolate
MONDAY | JANUARY 26, 2015

7. TRAVEL&tourism 07
S
et up in 1966, Chandigarh is
the first planned city of India
and is known worldwide
for its architecture and
planned city design. Lush green
well planned public places, the
most happening party spots with
swanky malls and multiplexes, and
the only union territory to have an
international cricket stadium, this is
how Chandigarh is known to most
of India. Bordered by the states of
Punjab and Haryana, the city is a
blend of both. The city is also the first
smoke-free city in India.
The city was designed by
Swiss architect Le Corbusier, who
imagined the city with sweeping
boulevards, lakes and gardens
and grand civic buildings. Thus, the
city came into being in and the
architecture still stands the test of
time.
For tourists, Chandigarh is
the place India like to be seen-
prosperous, comfortable and
cosmopolitan. The city is also the best
place to party, eat, drink and shop.
Sharing borders with the state of
Punjab and Haryana, Chandigarh
is situated at the foothills of Shivalik
mountain ranges.
The union territory experiences
humid subtropical climate: very hot
summers, mild winters, unreliable
rainfall and great variation in
temperature (-1°C to 46°C).
Majority of the city is covered by
dense plantations of banyan and
eucalyptus. The city also has forests
surrounding it where many animal
and plant species like deer, sambars,
barking deer, parrots, woodpeckers
and other migratory birds could be
found.
Gardens, Lakes and
City Centers…
Chandigarh is famous for its gardens,
manmade lakes and well-designed city
centers. It is a place for nature lovers,
historians, architects or simply tourists
who want to enjoy the luxury of urban
life. Must visit places in the city include:
Sukhna Lake
Le Corbusier’s greatest creation, the
lake is among the most beautiful
places in Chandigarh. A man-made
lake, created by damming the water
from Shivalik Hills, the lake is the place
that draws people for its peace and
quiet.
Rock Garden
This place is identical to Chandigarh.
Created out of industrial waste, rocks
and concrete. Created by artist Nek
Chand, the gardens are located on
a conserved land. It is said that Nek
Chand, the creator of this garden
used to work on it in his free time and it
wasn’t before 1970’s that the garden
was discovered.
Zakir Hussain Rock Garden
Housing some 1,600 varieties of roses,
this garden is a must visit for nature
lovers. Established in 1967, the garden
houses more than 17,000 plants
including medicinal plants. It is also one
of Asia’s largest rose garden.
National Gallery of Portraits
A galore of portraits, speeches,
writings and texts of India’s freedom
struggle, National Gallery of Portraits
is a favourite for history lovers. It
houses photographs, recording and
an incredible collection of books on
freedom movement.
Pinjore Gardens
The massive garden was established in
the 17th century by architect Nawab
Fidai Khan, and later refurbished by
Maharaja Yadavindra Singh. It is laid
out on seven terraces and gives a royal
experience to the tourists. One can
take the train which takes tourists to
various places in the garden or explore
the place on foot.
The Capitol
The visionary architect, Le Corbusier
envisioned Chandigarh as a
living being with different centers
representing its body parts. The capitol
was thus designed to function as the
head of the city, with Shivalik ranges
in the north. It houses the High Court
of Chandigarh, also known as the
Palace of Justice, the Secretariat
known as the Palace of Ministries
and Legislative Assembly called the
Palace of Assembly.
Food Lover’s Delight
No trip to the beautiful city is
complete without experiencing its
diverse gastronomic culture. People
in the city are big time foodies,
and the food habits are mostly
influenced by Punjab and Haryana.
Chandigarh’s food is conventionally
spicy and made with lots of oil
and ghee. Makkee ki Roti, stuffed
paranthas, chana bhaturas and the
world famous tandoori chicken are
among the famous food items from
Chandigarh.
The people of Chandigarh are
also very fond of milk and milk
based products. Lassi, buttermilk
and curd are widely consumed
with meals. Like any other Indian
city, Chandigarh also has its unique
sweets. Roh di Kheer, Jaleb, Malpua
and Ballushahi are some of the
mouthwatering sweet dishes from
Chandigarh and are a must try for
foodies.
Chandigarh has everything
of modern India, it is fashionable,
happening, vibrant, beautiful,
comfortable and peaceful, and here
the radiance of nature and heart are
within our reach.
BASIC FACTS
Name : Chandigarh
Country : India
Established : November 1, 1966
Area : 114 km2
Population : 9,00,635 (2001 Census)
Literacy : 81.9%
Language : Hindi, Punjabi,
English
mONDAY | JANUARY 26, 2015

8. TALKINGTECHNOLOGY08
E
xperience a world of
innovations and explore
the avenue of sourcing the
best of IT products & solutions
for the growth of your enterprise
including Mobile Application
Services, Cloud Computing, SAAS,
Big Data Management, KPO, BPO,
LPO, e-security, Banking, Finance,
Insurance, Telecommunications,
Media & Entertainment, Bio
Informatics, Engineering Design,
Travel,Hotel,Hospitality,Logistics,
Transportation, Educational,
Pharma, e Governance, and much
more... under one roof.
The exclusive bazaar will have
over 150 Indian IT companies
catering a host of solutions with
value additions, three dimensional
growth in skills, technology and
expertise.
The organizers, Electronics
and Computer Software Export
Promotion Council, (ESC) India's
apex ICT export promotion
organisation will host around
400 IT buyers from plus 75
countries converging for business
networking and creating a WIN
WIN situation by providing a
unique business opportunity to
both global buyers and Indian
exhibitors to interact and forge
business alliances, strategic
networking, joint ventures,
business tie ups.
INDIA IT SHOW 2015 will
facilitate building of competencies
by providing Indian participants
an in-depth understanding about
technology, market development
and demand dynamics which
assists in strengthening their
foothold globally. The 15th high
tech edition of INDIA IT SHOW
will be visited by global IT
fraternity including Latin America,
Africa, CIS, ASEAN, SAARC, North
America, Europe, Japan, Middle
East, Japan, Hong Kong, Korea, etc.
A truly B2B landmark event
which will delight the participants,
exhibitors and delegates with its
persona and character.
The Indian software industry
has brought a paradigm change in
the global information technology
(IT) landscape in recent years.
Among the IT segments, software
and services have emerged as
the fastest growing sector of
India’s exports. India has been
instrumental in sharply shifting
the fundamentals of the digital
economy away from commodities
to technology and value added
services. Software exports from
India have of late drawn significant
attention around the world. Many
countries are realising that they
could considerably reduce their
overall project costs by sourcing
software from India, which
is capable of providing total
solutions in a host of sectors of the
economy.
To meet the global aspirations
of Indian software industry,
the Electronics and Computer
Software Export Promotion
Council (ESC) has created a brand
INDIASOFT, a unique global
networking international IT event
comprising of both exhibition and
conference. INDIASOFT is meant
to create awareness about the
capabilitiesandcorecompetencies
of Indian Software and Services
Industry and to facilitate joint
ventures, collaboration and
strategic alliances for outsourcing
with overseas buyers.
INDIASOFT would sharply
focus on major industry segments
that require software and
services such as Business Services,
Communications, Entertainment
& IT, Finance, Banking &
Insurance, Government & Public
Services, Logistics & Distribution,
Manufacturing, Oil, Gas & Mining,
Retail Businesses, Educational
& Scientific Institutions, Travel
& Transport, IT Training etc.
Therefore, the horizon of doing
business at INDIASOFT is fairly
well-spread and wide.
Till now, ESC has organized
14 editions successfully in various
IT hubs of India. The Council is
organizing the 15th edition of
INDIASOFT series called INDIA
IT SHOW 2015 on 12th and 13th
February,2015atNewDelhi,India.
Around 150 Indian IT companies
will be displaying a world of
innovations and plus 400. IT
buyers from over 70 countries are
expected to visit INDIA IT SHOW
2015 to forge business alliances,
market tie –ups, etc. More details
are available at the exclusive
website < www.indiasoft.org >.
INDIA IT SHOW 2015 -
Experience a world of innovations
andexploretheavenueofsourcing
the best of IT products & solutions
for the growth of your enterprise
including Mobile Application
Services, Cloud Computing, SAAS,
Big Data Management, KPO, BPO,
LPO, e-security, Banking, Finance,
Insurance, Telecommunications,
Media & Entertainment, Bio
Informatics, Engineering Design,
Travel,Hotel,Hospitality,Logistics,
Transportation, Educational,
Pharma, e Governance, and much
more... under one roof. It will
facilitate building of competencies
by providing Indian participants
an in-depth understanding about
technology, market development
and demand dynamics which
assists in strengthening their
foothold globally. The 15th high
tech edition of INDIA IT SHOW
will be visited by global IT
fraternity including Latin America,
Africa, CIS, ASEAN, SAARC, North
America, Europe, Japan, Middle
East, Japan, Hong Kong, Korea, etc.
A truly B2B landmark event
which will delight the participants,
exhibitors and delegates with
its persona and character.
Electronics & Computer Software
Export Promotion Council (ESC),
the organizer of this show is
India’s apex trade promotion
organisation which is entrusted
to facilitate India’s electronics and
information technology exports to
global markets. As a link between
the Government and member
exporter, ESC provides a platform
for interaction on policy issues.
INDIA IT SHOW 2015A MUST VISIT DESTINATION FOR THE GROWTH OF YOUR ENTERPRISE
MONDAY | JANUARY 26, 2015

9. TRYSOMETHINGNEW 09
upcoming
The more you know, the higher
you are likely to go in life.
THOUGHT OF
THE WEEK
India Stonemart
India Stonemart is a 4 day
event being held from 29th
January to the 1st February
2015 at the Jaipur Exhibition
& Convention Centre in
Jaipur, India. This event
showcases products like
Stones, Machineries, Tools
& Consumables etc. in the
Building Construction, Natural
Stones industries.
Date: 29 Jan-01 Feb 2015
Venue: Jaipur Exhibition &
Convention Centre, Jaipur, India.
India Art Fair
India Art Fair is an event that
aims to promote the emerging
Indian art market. This event
boasts of having quality art
on display and draws visitors
from not only India but from
all across the world. In the
last edition, this event was a
roaring success when hundred
thousand visitors from 17 cities
in India and 67 cities from all
across the world visited the
event and around 84 galleries
exhibited from 20 countries.
This event therefore is one of
the most premium events for
the Indian art market. India Art
Fair will arrange for special
sessions where renowned
experts from the art world will
hold discussions on key issues
that are of prime importance
today in the global art scenario.
Date: 29 Jan-01 Feb 2015
Venue: NSIC Exhibition Complex,
New Delhi, India.
Annual Conference of
Paediatric Society
The Annual Conference of
Paediatric Society, organized
by the Dreamz Conference
Management Pvt. Ltd will take
place from 29th January to the
1st February 2015 at the The
Grand Hotel New Delhi in New
Delhi, India. The conference
will cover areas like Paediatric
Hip” and majority would
agree that the hip, although
regularly featuring in several
similar forums still remains an
extremely important topic to
deliberate and discuss about.
Date: 29 Jan-01 Feb 2015
Venue: The Grand Hotel, New Delhi,
India.
INTERNATIONAL
PLASTICS EXHIBITION &
CONFERENCE
It is a 6 day event. This event
showcases products like
The Exhibition will showcase
the latest technological
developments in the field.
It will also offer a world of
exciting global technological
know-how, consulting and
joint venture opportunities. The
focus will be on exploration,
innovation, expansion and co-
operation etc. in the Household
Consumables industry.
Date: 29 Jan-03 Feb 2015
Venue: The Exhibition Center,
Coimbatore, India.
Prepration Method
1. Preheat oven to 400°F.
2. Mix the garlic granules, onion powder, oregano,
paprika, salt, and pepper in a small container.
3. One at a time, brush the pita breads with olive oil, cut
into 8 wedges (same pattern as cutting a pie or a
pizza). Kitchen shears makes this step easy.
4. Arrange the pita wedges in a single layer on a baking
sheet, and sprinkle with the seasoning mix.
5. Bake in a 400F oven for 7 to10 minutes.
Handy French
1. Come with me!
Viens avec moi!/ Venez avec
moi! (polite).
2. What do you need?
De quoi avez-vous besoin?
3. I need some information.
J’ai besoin de renseignements.
4. I would like some coffee.
Je voudrais du café.
5. Is there a public phone here?
Y a-t-il un téléphone public ici?
Benefits of Indian
Gooseberry (Amla)
It is a translucent fruit with many therapeutic benefits. It's
considered to be one of the most important plants in Ayurvedic
medicine and is a unique balance of sour, sweet, pungent and
bitter. It's rich in Vitamin C and also loaded with a range of
polyphenols, Polyphenols are antioxidants that prevent damage to
free radicals in the body and fight different types of cancer and
cardiovascular diseases.
Boosts hair growth
Amla is rich in iron and has
antioxidants which reduce hair
loss by not allowing free radicals
to damage hair follicles. Amla also
enhances hair growth and prevents
premature graying. Eating fresh amla
or applying its paste to the roots of
your hair improves both growth and
color.
Improves eyesight
Studies have shown that eating amla
improves eye health, cataracts and
also reduces intraocular tension
which is the pressure you feel in the
The classic pump. Think of these
as the Little Black Dress (LBD) of
the shoe world. They usually go
with everything under the sun, are
perfect for work and play and could
there be an easier way to take your
look from day to night? Invest in
two pairs, one black because black
can do no wrong and one nude to
lengthen your legs and make you
feel like a Greek goddess. You can
go for rounded or pointy tips and as
high or low as you’d like!
Ballet flats. The most fun part
is the endless choices you
have with styles, materials and
colours. Really, the sky is your
limit! Speaking of sky, ballet flats
really do make you feel like you’re
walking on a cloud, don’t they? If
that doesn’t make this a type of
shoe every woman should own, we
don’t know what does.
Riding boots. Nothing looks as
chic as a white tee, a pair of jeans,
a leather jacket and riding boots!
So go out there and get yourself
a pair in black...and maybe one in
chestnut brown too.
His Excellency Idriss Raoua OUEDRAOGO in a conversation with General (Retd) V.K. Singh, the Minister of State of External
Affairs of the Government of India discussing ways to boost and reinforce bilateral relations between Burkina Faso and India

picture of the week
eye. High level of carotene present in
amla is known to improve vision related
conditions.
Improves digestion
Amla is high in fiber and helps in
regularizing bowel movement. It
reduces constipation and stimulates
the secretion of gastric juices. It also
improves digestion and allows for more
nutrient absorption.
Diabetes Management
Amla is rich in chromium which is
therapeutic for diabetic patients. It
stimulates insulin production which
Ingredients
»» 1 1/2 teaspoons garlic granules
»» 1 teaspoon onion powder
»» 2 teaspoons oregano
»» 1 teaspoon paprika
»» 3/4 teaspoon fresh ground pepper
»» 1/2 teaspoon salt
»» 1 -2 tablespoon olive oil
»» 6 pita breads (6 inches)
helps in reducing blood glucose levels.
Chromium also enhances the effect
of beta-blocker and thereby helps in
reducing LDL cholesterol which is the
bad cholesterol. It improves appetite
It prevents ageing
High antioxidants in amla prevent cells
from free radical damage.
Reduces infections
Amla has antibacterial and astringent
attributes which means it helps in
increasing a person's immunity
and protects the body from various
infections.
Savory Pita Chips
African Cuisine
All of Africa was colonized
by foreign powers during
the “ Scramble for Africa”,
except Ethiopia and Liberia.
Wedges. What better way to show
off your pedicure than with a pair
of comfy yet glamorous wedge
heels. They are so easy to
walk in, look fantastic with
practically anything and
are the best of both
worlds. Do we need
any more reasons
to label this a type
of shoe every woman should have?
Sandals. Flip-flops are perfectly fine
for the beach and a few other places
but when you’re out and about, a pair
of sandals look so much nicer. A great
lazy day look is a slouchy tee, shorts
and thong sandals. Pure bliss!
A statement pair. These are also
called “happy shoes” and are basically
just an outrageous pair that transform
an otherwise boring outfit into...well,
a statement outfit! They may not go
with most #things you own but that’s
the point. Whether it’s a floral pair or
a pair with polka dots, studs, animal
print or just something in a blinding
neon colour, a statement shoe has the
ability to lift your spirits up and turn a
bad day around. It’s almost as good
as a cupcake!
Oxford shoes. If sneakers are not your
style, here’s a wonderful alternative.
There’s just something about a pair of
Oxford shoes! Maybe it’s the vintage
look they exude, or their masculine
vibe or how they look just as fabulous
on a dress as they do on a pair of
pants. Oh they are pure magic and
every woman needs a pair!
IN Her
SHOES !!
mONDAY | JANUARY 26, 2015

10. THEFASHIONISTAS10
Raquel’s cupid
party celebrates 5th
anniversary
Lexis Bill and
Star Initiate
Xfitness
Campaign
This past weeakend saw celebrities
and journalists participating in
activities of fitness and wellness
towards staying healthy and fit for the
year 2015.
This comes as an initiative from
Mr. Kwame Sakyiamah, a.k.a Lexis
Bill, of Joy FM and host of “Drive
Time show. Obssessed with creating
awareness about the apparent
increase in cardiovascular related
deaths, especially of young people,
Lexis launched the 2015 fitness
campaig.
Speaking in an interview with the
paper, Lexis Bill observed that, this
is his personal initiative towards a
promoting wellness for Ghanaians,
especially young individuals to be
exercise cautious.
“Most young people died last
year through High Blood Pressure.
Exercise is a means of living a
healthy life style. Everybody needs
to be pushed to take a step forward
towards being motivated to take
up exercise as their life style.” he
stressed.
Mr. Bill said that, the initiative is
an annual campaign which would
be in collaboration with corporate
Ghana.
It would be recalled that last year
saw prestigious celebrities in various
professions lost their lives as a result
of cardiac arrest and it is a wakeup
call for Ghanaians to invest in their
life styles.
The Ghanaian Chronicle
Tigo Tanzania
tunes into needs
of music lovers
East African telco Tigo Tanzania
has announced the launch of a
music streaming service that
will provide Tigo customers
access to over 36 million songs.
According to a statement
Tigo Music provides access to
unlimited music to customer's
smartphones and was formed in
partnership with Deezer.
Tigo brand manager, William
Mpinga said through pre-paid
data bundles from January 24,
Tigo customers will be able to
access more than 36 million
tracks, including African and
Tanzanian artists. Mpinga added
that Tigo would also be sourcing
new and local content through
a new venture with the digital
music company, Africa Music
Rights, which funds, acquires
and manages music rights across
the African continent.
In the statement Mpinga said
Tigo Music would allow local
artists the opportunity to earn
Ghana Hosts
Mercedes-Benz
Fashion Festival
Someworld fashion designers are
expected in Ghana as Mercedes-
Benz Fashion Festival, one of the
most celebrated fashion events in
the world, gets underway in Accra
this May.
Ghanaian company Global
Ovations Group has got the fran-
chise to stage the Africa version of
the event in Ghana this year.
It is anticipated that this
event will bring some of the
names that matter in world fash-
ion to Ghana.
Mercedes-Benz Africa Fashion
Festival 2015 is the best place to
see the world's most innovative
fashion brands under a meticu-
lous set up with unprecedented
media coverage and more within
just four days,' Gideon Raji, CEO of
Global Ovations Group, announced
on Monday.
With the idea of the 'global
community' in mind, the 2015
edition of the event is dubbed
'The World Edition'', and fashion
designers from across the world
will be converging in Accra to cele-
brate fashion on a global platform.
Modern Ghana
Organizers of the prestigious
Vodafone Ghana Music Awards
Festival, Charterhouse, has
announced it is inviting musical
works for this year’s competition.
This year’s event is the 16th
edition and the orgnizers are
inviting works from musicians and
record labels that were released
between January 1st to December
31st 2014 for nominations for the
The ‘RAQUEL’S CUPID PARTY’ is back again and this year
it’s going to be even BIGGER with EXPLOSIVE
performances from Raquel plus more, this year the
songbird Celebrates the 5TH anniversary .The ‘Raquel’s
Cupid Party’ has been selling out more and more each
year and happens every 14TH February (Valentine’s
Day) at the +233 Jazz Bar and Grill. It’s the one show
that Patrons fly from various Countries just to
attend. It welcomes all age groups of age, Couples,
Single’s, Friends, and Families etc. Each year;
the ticket comes with Chocolate’s, Exclusive
Condoms, Champaign, Wine, Chops, A full
course meal, Flowers on order, CD’s and a
soft or energy drink, as well as a night of
Love songs, Live Band Music and Comedy.
Each year has seen a different set of
Celebrities; Stephanie Benson,
Okyeame Kwame, EL, Trigmatic,
Sarkodie, Sandra Huson, Ofie Kudjo
and more. This year is definitely
going to be a successful one as
Raquel keeps us in suspense of all
the goodies that will be offered. This
show is one not to miss!!!
Modern Ghana
extra payment from their songs
listened to through the service.
"Tigo Tanzania is a
company built on innovation.
We are excited to be the first
telecommunication company in
Tanzania to give our customers
such access to unlimited music,"
he said.
"As a digital lifestyle brand,
our goal is to impact the
music industry by providing a
platform that not only allows
for easy access to content by
local artists, but also train our
musicians on important issues
such as intellectual property
rights and marketing. This is our
way of supporting local talent
and growing the local music
industry." he added.
The introduction of Tigo
Music in Tanzania follows the
success of its launch in Ghana in
2014 and Latin America in 2013.
Balancing Act- Africa
event which will be held in April
2015.
A statement from the
organizers said: “Artistes and
artiste’s managers are advised
to download the nomination
forms from the Vodafone Ghana
Music Awards website – www.
ghanamusicawards.com or pick
up the forms from Charterhouse
office at North Industrial Area.”
“All completed entries should
be submitted to the offices of
Charterhouse,” the oranizers
added.
This year, the general public
has been given the opportuity
to also nominate their favorite
artistes and songs by downloading
nomination forms from the event
website www.ghanamusicawards.
com and submitting thereafter.
“This will give artistes the
2015 Vodafone Ghana
Music Awards Call For
Nominations
opportunity for their musical
works to be considerd for
nomination for the 16th edition
of the Vodafone Ghana Music
Awards.
Deadline for submission of
entries is February 1, 2015,” the
statement said.
The Ghanaian Chronicle
MONDAY | JANUARY 26, 2015

11. Women football
league due
Jan 31
The national women football league is set to kick off on January y 31 according
to Felicite Rwemalika, the head of women football in the country.
Thirteen teams will take part in the six-month league. They include defending
champions AS Kigali, Inyemera, Rambura, Yuvia, Bugesera, Rugende, Nyagatare,
Freedom de Gacyenye, Kamonyi, Academic Girls, Atletico Huye , The Winners
and Mutunda. Rwanda women football league is sponsored by Fifa through an
annual grant of $70,000 (Rwf48 million).
However, Rwemalika says the money is not enough to cater for the teams
throughout the season. He said they were exploring ways of securing additional
sponsorship.
“We are supposed to cater for transport, meals as well as playing kit. We
hope the corporate world will respond positively so as to build on Fifa’s support
and help take women football in Rwanda to the next level,” Rwemalika said.
National women football league started in 2006.
New Times
SPORTS2WATCH 11
Group A of the 2015 African Cup
of Nations was blown wide open
when Congo beat Gabon 1-0 at the
Bata Stadium.
A goal from Prince Oniangue
three minutes after half time saw
Congo to victory and to the top of
Group A with four points.
Gabon have slipped to second
place with three points while the
goalless draw between Equatorial
Guinea and Burkina Faso early in
the day means the former are third
with two points and the latter last
with one point.
In essence any one of the four
teams can still qualify for the
knockout stages when they meet
AFCON 2015: Congo stun Gabon
to blow open group A
on their group's last matchday on
January 25.
Looking at the game between
Gabon and Congo, the Gabonese
side only have themselves to blame
as they dominated the possession
stakes and had the more shots on
goal.
Football, however, is a cruel
game and Gabon were made to
pay for their numerous missed
opportunities in front of goal.
Gabon stated their prowess as
early as the fourth minute when a
25-yard shot from Frederic Wagha
Bulot was tipped over the bar by
the keeper.
On the 20 minute mark Gabon
created a great opening with their
slick passing when Malick Evouna
broke behind the defence, but he
failed to beat the keeper in a one-
on-one.
Five minutes before the break
Levy Clement Madinda produced
some wonderful skill as he dribbled
his way past three Congo defenders
only for his 14-yard shot to skim
the wrong side of the upright.
The second half saw Gabon
stunned early on after some poor
defending at a corner-kick allowed
Prince Oniangue to poke the ball
home from a goalmouth scramble,
1-0.
That was about the only
2011 All Africa Games gold
medalist Hermas Cliff Muvunyi is
determined to strike more gold in
the 11th All African Games slated
for September 4–19 in Republic
of Congo. Muvunyi was the only
athlete to win two medals in the
2011 All Africa games in Maputo,
Mozambique after grabbing gold
in the men’s 400m-T46 and silver
in 800m-T46 category, respectively.
“I always work to be a better
athlete, I’m feeling really fine and
training very hard to not only
retain the gold medal I won in 2011
but also land another gold in 800m-
T46,” Muvunyi said adding that he
has fully recovered from the knee
Muvunyi keen on All Africa Games glory
injury he suffered recently . The 26-
year old, who is widely regarded
as one of the best athletes in the
country, is also set for the 6th IPC
World championships qualifiers
in Tunisia due March 19-26.
The 6th edition of the IPC World
championships will be held from
October 22-31, 2015 at Suhaim Bin
Hamad Stadium, Doha, Qatar. The
2015 All Africa games will also be
used as the occasion to mark the
50th anniversary of the Games, as
well as their return to Brazzaville,
which hosted the first edition in
1965. Muvunyi will be competing
in All Africa Games for the third
consecutive time after his debut
during the 9th edition in 2007 in
Alger, Algeria.
New Times
significant attack Congo mustered
in the entire match, but they
made it count, unlike Gabon who
continued to waste chance after
chance in front of goal.
In the 58th minute Levy
Clement Madinda came close to
equalising with a powerful 30-yard
shot, but it sailed over the crossbar.
Ten minutes later Frederic
Wagha Bulot missed a sitter from
16-yards out as he skewed his
shot wide with an empty net at his
mercy. It was not to be for Gabon
who only have themselves to blame
as the game ended 1-0 in favour of
Congo.
Modern Ghana
mONDAY | JANUARY 26, 2015

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
Africa has huge potentials in the energy
sector, but somehow these potentials have
not been banked upon properly. With
more and more investors around the world
interested in investing in renewable and
clean energy how does this forum intend to
attract investors to Africa and put Africa on
the global energy map?
Africa has been of interest to the foreign
markets for years. The Africa Future Energy
Forum will attract key stakeholders including
foreign investors to explore opportunities in
all aspects of generating future energy. The
forum is unique as it will offer a platform for
open discourse across sectors and groups
without focusing on ideological debate on
public versus private investment or fossil fuel
versus renewable energy. While dealing with
the specific energy issues, the forum ultimately
aims to catalyse the new energy paradigm that
can serve as a basis for sustainable growth of
Africa.
Africa faces huge gaps in investment and
infrastructure, which hinders the growth
of the energy sector. What are the main
concerns that need to be addressed to help
Africa sustain and increase its capacity in
producing?
Some of the main concerns are:
»» Lack of access to electricity. Progress
towards this goal has been very slow. It
is estimated that USD 228 billion worth
investments are needed to allow universal
access to electricity
»» Lack of development towards transport
and information and communication
technologies which hinders investments
into the energy sector
»» Lack of investing in their own economies
»» Local stakeholders and governments in
many countries are realizing this and
working towards this goal.
Among other problems, large scale
unemployment is also a major concern in
Africa. A boost to the energy sector may
mean availability of jobs. Does this forum
plan to address this issue?
The forum brings together major
stakeholders from policy makers, technology
providers, financers and project developers
along with end-users. We are trying to build
this as an annual platform for developing
and moving forward on key projects. More
projects and more innovations create more
opportunities and in turn more jobs.
Many African nations deal with the
problems of insurgency, extremism and
terrorism and other safety issues. Is it safe
for investors to invest in Africa?
Security remains an ongoing issue in the
region. Despite this issues, there are substantial
investments into the region not only in
energy but also in other sectors. The
governments are playing a vital role in realizing
this as a major hindrance and are making
security and good governance one of the top
priorities for the respective countries.
We should not see Africa as a block with
the above issues since there are pockets that
are unsafe or face challenges to deal with and
at the same time there are many places in the
continent that are very secure and that are
ready to take advantage of the investments
and development opportunities that are there.
Those countries that are facing challenges of
insecurity, investors cannot wait to address
this challenge completely. This can be done
simultaneously Average growth across the
continent was just under 5 % in 2014 and is
projected to touch 6 % in 2015.
What opportunities will the forum provide
to businesses interested in entering the
energy sector in the African continent?
The forum is a platform to connect with
people who drive energy policy, technology and
business forward in Africa. For those exploring
opportunities to enter the energy sector, the
forum gives an overall insight into different
areas of future energy as well as access to major
financers of projects. The forum also brings
NGO’s to give their perspective of the energy
sector that would in turn foster CSR activities.
catalysing the new energy paradigm
Mr. Ajay Bhojwani
Managing Director,
MCI Middle East,
Dubai
The transformation experienced by the African continent has surprised everyone round the world. The energy
sector has added a new shine to the continent and many events are being organized focused on the successful
sector in an endeavour to promote its imperativeness. In an exclusive interview to Indo Africa Times, Mr. Ajay
Bhojwani, Managing Director, MCI Middle East, Dubai gave an insight on the mounting potential of energy in
Africa and how the events give a boost to it. He also highlighted Africa Future Energy Forum, a flagship event
organized by MCI Middle East, Dubai to be held in March presenting a platform to policy makers, technology
providers, financers and project developers to connect and collaborate.
MONDAY | JANUARY 26, 2015