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About Black Business News Group Black Business News Black Business News International Black Business News Travel Africa PUBLISHER/EDITOR-IN-CHIEF Earl “Skip” Cooper, II ASSOCIATE EDITOR Sarah Harris PRODUCTION MANAGER Narishima Osei CONTRIBUTING WRITERS LaSandra Stratton • Dean Jones • Steven Turner GRAPHIC DESIGN Sarah Harris • Phallu Morgan ENTREPRENEUR EDITOR Kim Anthony STORY EDITORS Wanda Flagg ▪ Jennifer Marie Hamilton PHOTOGRAPHY Ian Foxx ▪ Sabir • Narishima Osei CONTENT ADMINISTRATOR LaSandra Stratton LAYOUT/TYPESETTING Lion Communications

The Publisher Says...

Earl “Skip” Cooper, II Publisher/Editor-in-Chief Black Business News

Copyright © 2014 by Black Business News International. All Rights Reserved. The posting of stories, commentaries, reports, documents and links (embedded or otherwise) on this site does not in any way, shape or form, implied or otherwise, necessarily express or suggest endorsement or support of any of such posted material or parts therein.  Black Business News Group •P.O. Box 43159, Los Angeles, CA 90043 USA 323-291-7819 • fax 323-291-9234 www.bbala.org • mail@bbala.org 

Black Business News Group… The mission of The Black Business News Group is to inspire and inform the domestic and international business communities, communities-at-large and the public and private sector industry representatives on the importance of small business growth. As a versatile source of socioeconomic development activity news, the publications of the Black Business News Group impart current national and international industry and social trends and news affecting small businesses, providing guides to greater access to financial capital, management efficiencies, business education, mentorship opportunities and social media networks. The goals of the Black Business News Group include:

or the last 50 years the African Union has been striving to move the people and nations of the African continent forward, boldly into the future. At 50 the AU will be addressing the next 50 years with a plan, a big plan. Africa’s Agenda 2063 has been under development by a specially appointed commission and will be reported to the entire body at the fall 2014 meeting Read the Agenda 2063 preview starting on page 16. Dr. Dlamini offers us a sneak peak into where the people of Africa and of the African Diaspora need to be preparing to go. The plan is being written but it will mean nothing if we all do not make our individual decisions to find the area in which we can best contribute and then jump in with both feet to make the Agenda and Africa’s future the success we want it to be. As has been said by many before, we are the one’s we have been waiting for.. 

• promoting USA-based black-owned business enterprises to a world wide audience. • offering business growth enhancing information on education, exhibitioning, international trading, technology, industry trends, and more. • exploring public and private sector contracting methods to educate black-owned and operated enterprises. • providing an affirmative influence for emerging entrepreneurs by sharing innovative design and creative cultural content exposing them to the history of black enterprises and urging them to participate in the world economy. • advocating and promoting on behalf of black-owned businesses for expanding an economic foundation that supports an unfettered and self-sustained business and job creating economic opportunity.  Black Business News International Edition -4- Winter/Spring 2014

Black Business News

International Edition • Winter/Spring 2014

Contents 5 The Publisher Says... 6 Project Lucy 13 Sudan War Victims Receive Prosthetics 14 22nd African Union Assembly Meeting

18 24 26 30 32 36

38 44

16 Preview of Africa’s Agenda 2063 18 New US Ambassador to the African Union 20 African Woman’s Entrepreneurship Program Update 22 The Heartbleed Bug

46 49 50 52 54

58 62 68 70 77

In The Spotlight Trade Events Books to Consider Trade Advertisers Resources

Resources for Going Global 2014 AU Year of Agriculture Kofi Annan Resigns from AGRA Tripartite Free Trade Area Launched Microsoft Fast-Tracks African Start-ups African Start-ups President Mugabe Crusades on Behalf of Honoring President Nyerere Examining Zambia’s GDP Africa’s Largest Economy - Nigeria Nigeria’s Jet Set Traveling in Style Zambia Talent USA, New Promotion Platform World Travel Survey

Black Business News International Edition -5- Winter/Spring 2014

IBM Takes Watson to Africa for Project Lucy By Darryl K. Taft

he IBM corporation announced its next major chapter for Watson– fueling economic development and sparking new business opportunities across Africa. This announcement comes on the heels of IBM’s $1 billion bet to create the Watson Group, which will accelerate efforts around the new era of cognitive computing. Now, IBM has launched a 10-year initiative to bring Watson and other cognitive systems to Africa. Dubbed “Project Lucy” after the earliest known human ancestor, IBM will invest $100 million in the initiative. Lucy is the common name of AL 288-1, several hundred pieces of bone representing about 40% of the skeleton of a female hominid Self-teaching using radio and text

estimated to have lived 3.2 million years ago. “In the last decade, Africa has been a tremendous growth story--yet the continent’s challenges, stemming from population growth, water scarcity, disease, low agricultural yield and other factors, are impediments to inclusive economic growth,” said Kamal Bhattacharya, director of IBM Research–Africa (www-03.ibm.com/press/us/en/ pressrelease/38568.wss), in a statement. “With the ability to learn from emerging patterns and discover new correlations, Watson’s cognitive capabilities hold enormous potential in Africa–

helping it to achieve in the next two decades what today’s developed markets have achieved over two centuries.” IBM’s Watson technologies will be deployed from IBM’s Africa Research laboratory providing researchers with resources to help develop commercially viable solutions in areas such as health care, education, water and sanitation, human mobility and agriculture. Moreover, to help fuel the cognitive computing market and build an ecosystem around Watson, IBM said it also will establish a new pan-African Center of Excellence for DataDriven Development (CEDD) and is recruiting research partners such as universities, development agencies, startups and clients in Africa and around the world. By joining the initiative, IBM’s partners will be able to tap into cloud-delivered cognitive intelligence that will be invaluable for solving the continent’s most pressing challenges and creating new business opportunities. “For Africa to join, and eventually leapfrog, other economies, we need comprehensive investments

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in science and technology that are well integrated with economic planning and aligned to the African landscape,” said Professor Rahamon Bello, vice chancellor of the University of Lagos. “I see a great opportunity for innovative research partnerships between companies like IBM and African organizations, bringing together the world’s most advanced technologies with local expertise and knowledge.” IBM has increased its investment across Africa in recent years, culminating in its first African IBM Research lab in Nairobi, Kenya (www.youtube.com/watch?v=jsOjlLKm2E). Africa is witnessing the emergence of African Lions-countries that are spearheading high levels of economic growth through innovation and which are set to boost industrial growth by an estimated $400 billion by 2020. New figures show that increased connectivity and technology use will radically transform sectors as diverse as agriculture, retail

and health care—and contribute as much as $300 billion a year to Africa’s Gross Domestic Product (GDP) by 2025, according to a McKinsey report. Over the last five years, IBM has continued to make strategic investments in the African technology space as it seeks to provide governments, businesses and academia with enhanced access to the high-end technologies that will power their economies’ growth. Moreover, Big Blue said big data technologies have a major role to play in Africa’s development challenges: from understanding food price patterns, to estimating (GDP) and poverty numbers, to anticipating disease–the key is turning data into knowledge and actionable insight. “The next wave of development in Africa requires a new collaborative approach where nonprofit and commercial organizations like RTI and IBM work together to consolidate, analyze and act upon the continent’s data,” said Aaron

Williams, executive vice president of International Development at RTI International, in a statement. “Data-driven development has the potential to improve the human condition and provide decision makers with the insight they need to make more targeted interventions.” Michel Bezy, associate director for Carnegie Mellon University in Rwanda, said, “Africa is facing a double challenge: the lack of accessible data to support its economic development, and the lack of advanced skills in data analysis. IBM’s work to share Watson with Africa will help to address both challenges.” The new pan-African CEDD will help here by leveraging the latest Watson cognitive technologies to provide its research partners with access to high-frequency data. This will enable scientists and analysts to more accurately calculate social and economic conditions and identify previously unseen correlations across multiple

Black Business News International Edition -7- Winter/Spring 2014

see Project Lucy on page 8

Outdoor school

IBM’s Project Lucy

from page 7

domains. Through the Project Lucy initiative, partners will be able to tap into IBM’s expertise in cognitive computing across its 12 global laboratories and new Watson business unit.

Health Care & Education Two of the first focus areas of the new center are healthcare and education. Regarding healthcare, IBM estimates that Sub-Saharan Africa is home to approximately 25% of the world’s disease burden; yet the most common form of healthcare outside of cities is delivered by community health workers. CEDD will collect encyclopedic knowledge about traditional and non-traditional diseases in Africa. With access to Watson’s cognitive intelligence, doctors, nurses and field workers will get help in diagnosing illnesses and identifying the best treatment for each patient, IBM said. For example, according to IBM, women in sub-Saharan Africa

account for 22% of all cases of cervical cancer worldwide mainly due to a lack of services and knowledge. Watson could provide new insights into the evolution of cervical cancer in Africa and suggest new approaches for its prevention, diagnosis and treatment. On the education front, IBM said half of African children will reach their adolescent years unable to read, write or perform basic numeric tasks. The key to improving these statistics is a thorough understanding of student performance, teacher expertise, attendance levels, class sizes, linguistic abilities and learning materials. While previous information systems have only provided a limited view of point problems, using Watson technologies, CEDD aims to create new holistic approaches for analyzing data to identify previously unrecorded correlations. For example, Watson could identify the link between a contaminated water borehole, an epidemic of cholera and the subsequent low levels of school

attendance in the region. Watson could also help to uncover other causes of low school attendance in a particular region such as a lack of sanitary supplies and cultural traditions placing childcare responsibility on older siblings. IBM is also announcing other investments into the African innovation ecosystem with the opening of new IBM Innovation Centers in Lagos, Nigeria; Casablanca, Morocco, and Johannesburg, South Africa. These new centers aim to spur local growth and fuel an ecosystem of development and entrepreneurship around Big Data analytics and cloud computing in the region. In recognition of its role in driving data-driven growth and opportunity, this week Frost & Sullivan named IBM an Innovation Leader in Big Data and Analytics in Sub-Saharan Africa. This focus on Africa is not a new one for IBM. IBM has been making long term, strategic investments in the future and economic expansion of this rapidly expanding region. IBM has operated in Africa since

Black Business News International Edition -8- Winter/Spring 2014

the 1930s, and today has a direct presence in more than 20 African countries and hundreds of clients such as: Santam, RAWBANK in the DRC, Fidelity Bank and Surfline Communications in Ghana, Bharti Airtel across 17 African countries, and Morocco’s Ministry of Economy and Finance. Over the next few years IBM plans to continue strengthening this network with new

facilities, offerings and partnerships.

The World is Our Lab - Africa IBM recently organized an initiative asking people from across Africa to submit images which best illustrate Africa’s grand challenges and opportunities and help illustrate the mission of IBM’s new Africa Research Lab. ‘The World is Our Lab – Africa’ project has generated over 1,200 images from across 25 African countries helping to tell the other side of the continent’s story. To visit the project website, go to: http://www.theworldisourlabafrica. com.  www.eweek.com/database/ibmtakes-watson-to-africa-for-projectlucy.html Images from The World is Our Lab - Africa

Africa has 60% of the world’s uncultivated arable land

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Black Business News International Edition -10- Winter/Spring 2014

Brazilian Farmers Fight Back 5 Million Small Farmers Take on Monsanto By Shelly Roche of ByteStyle

A LUTA CONTINUA The Struggle Continues

he agriculture giant Monsanto says their mission is improving agriculture and improving lives. Monsanto, the world’s largest producer of genetically modified seeds, has waged war on small farmers by suing hundreds of them over alleged patent infringement. But in Brazil, farmers are suing the company because they say that Monsanto claims unfair annual royalties for renewal harvest of their seeds. Brazil’s soy farmers are suing Monsanto and are seeking a $1 BILLION settlement. The farmers claim that Monsanto has been collecting royalties illegally and forcing farmers to sign “abusive” purchase contracts. GO BRAZIL! View the Shelly Roche of ByteStyle.TV YouTube report at: www.youtube.com/watch?v=r6v1Pc1gjzs#t=523.  http://www.therealfoodchannel.com/videos/farming-1/ brazilian-farmers-fight-back.html

www.youtube.com/watch?v=r6v1Pc1gjzs#t=523 www.facebook.com/organicbiodynamicalliance

Black Business News International Edition -11- Winter/Spring 2014

Smart Contact Lenses Project Needs Apps By Charlie Osborne

oogle has revealed smart contact lenses that could help those with diabetes maintain their glucose levels. The tech giant revealed in a blog post that employees of GoogleX are experimenting with embedding sensors into contact lens material -- in the hopes that they could eventually be used to monitor blood sugar levels. It can be difficult for those with diabetes to keep sugar levels under control on a daily basis, and if not managed well, this can result in complications including damage to organs, passing out and weight

loss. Daily activities including exercise and eating change these levels, and sudden spikes or drops can be hard to detect. Most sufferers prick their skin to test blood several times a day. However, the pain factor keeps some people from testing as often as they should. But what if other bodily fluids, such as tears, could be used for testing? This is the heart of Googleâ&#x20AC;&#x2122;s experiments. The company is testing a smart contact lens which is built using a tiny wireless chip and miniaturized glucose sensor

embedded between two layers of soft contact lens material. Small enough to appear like glitter, current prototypes are able to take a reading once per second. Google is also investigating the use of tiny LEDs that could light up and serve as a warning to users when sugar levels are too low or high. The technology is still in early stages, but the company is in talks with the FDA to thrash out health regulations and how far the technology can go. In addition, Google is looking for partners which could use the technology and develop apps that would document the measurements for both wearer and doctors. ď&#x201A;ł www.smartplanet.com/blog/ bulletin/google-announces-smartcontact-lenses-project/?tag=nl. e660&s_cid=e660&ttag=e660&ftag =TRE4eb29b5

Black Business News International Edition -12- Winter/Spring 2014

3D Prosthetics Issued to Child Casualties of War in Sudan By Charlie Osborne

Photo: Timoteo Freccia

housands of people have endured injury and loss due to the war in Sudan, and many of these victims are children. For young people that have lost limbs due to the conflict, one company is offering hope in the form of cheap prosthetics created in a number of hours. Not Impossible Labs (www. notimpossiblelabs.com/about-notimpossible-labs), an organization that

“crowd-solves” healthcare issues, took an interest in a case published by Time Magazine in 2012 (http:// world.time.com/2012/04/25/alone-andforgotten-one-american-doctor-saveslives-in-sudans-nuba-mountains) .

Daniel Omar, 16, lost both his arms to an Antonov bomb while at home, and the case inspired Mick Ebeling, co-founder of the group, to take on the challenge of giving Omar usable limbs once more. Ebeling brought together a team to create affordable, 3D-printed prosthetic arms, and the project was later backed by Intel, engineering firm Precipart and the maker of the Robohand (www.smartplanet.com/ blog/bulletin/3d-printed-robohandsgive-children-a-new-lease-on-life).

The team were able to print an arm ready for fitting in roughly six hours -- for a total cost of $100. The challenge, dubbed “Project

Daniel,” was then ready to go. Heading to Sudan laden with 3D printers, laptops and plastic, Ebeling was able to create an arm for the teenager. After the success of Project Daniel’s first recipient, Ebeling then went on to train locals in using the equipment to print additional prosthetics. In a video discussing the scheme, Ebeling said: “If we could teach the locals how to do it themselves, the project could live long after we left.” Since vacating the war-torn country, the group says that the lab has churned out an arm a week, and the teenager is now working in the hospital to help other amputees. In a press release issued by Not Impossible, Elliot V Kotek, content chief and co-founder said: “We are on the precipice of a can-do maker community that is reaching critical mass. There is no shortage of knowledge, and we are linking the brightest technical minds and creative problem-solvers around the globe. Project Daniel is just the tip of the iceberg.”  www.smartplanet.com/blog/bulletin/3dprosthetics-issues-to-child-casualtiesof-war-in-sudan/?tag=nl.e660&s_cid=e 660&ttag=e660&ftag=TRE4eb29b5

Black Business News International Edition -13- Winter/Spring 2014

Opening Session of 22nd African Union Assembly Meeting

n “email from the future” was delivered during the opening of the 22nd Ordinary Session of the Assembly of the African Union by African Union Commission Chairperson Dr Nkosazana Dlamini-Zuma to encourage Africa to continue its fifty year development agenda (Agenda 2063), with the confidence that it is possible for the continent to achieve prosperity, integration and peace within that time, or less. The Africa of 2063, according to the email, is no longer a dark continent but rather one which is lit up using hydro, solar, wind, and geo-thermal energy, in addition to fossil fuels. It is an Africa at peace with itself after having tackled the root causes of conflict. The email compliments the continent’s commitment to invest in its people, especially in the empowerment of young people and women, as being key issues that made peace happen. It mentions the Golden Jubilee celebrations of the formation of Organisation of African Unity held in May 2013 as having been the start of a major paradigm shift: a point where Africa took charge of its own narrative. After reading her “email from the future”, the Chairperson sent a word of encouragement to all of Africa, that the contents of the email can

be a reality. “It is impossible until it is done,” she concluded. In the meantime, Dr Dlamini-Zuma announced the appointment of Mrs. Binta Diop as Special Envoy for Women, Peace and Security, “to ensure that the voices of women and the vulnerable are heard much more clearly in peace-building and in conflict resolution”. The opening session of the Assembly was also addressed by the Under Secretary General of the United Nations, who spoke about how the African Union and the United Nations can work together to address pressing crises and to build

on Africa’s progress, announcing that “The United Nations is your unwavering partner” in the quest for advancement and growth. The meeting, which elected President Mohamed Ould Abdel Aziz of Mauritania as the Chairperson of the African Union for the coming one year and Zimbabwe as the first Vice Chairperson, also heard from the newly elected President of the Republic of Madagascar Mr. Rajonarimamnianina Rakotoarimanana who paid tribute to his country men and women for making the choice for the

Black Business News International Edition -14- Winter/Spring 2014

restoration of constitutional order and going to the ballot box to elect their leaders. He proclaimed a new dawn for development, peace and security in his country but also added the urgent need for vital assistance for the country to realize its full potential. President Jacob Zuma of South Africa took the floor to express his country’s appreciation for Africa’s support during the death and burial of its former President Mr. Nelson Mandela last year. He paid homage to other African countries for having supported and harboured not just the leadership of the struggle

against apartheid, but also many other South African liberation fighters and activists. The Prime Minister of the Republic of Haiti, Mr. Laurent Salvador Lamothe took delivered the message of Haitian solidarity with Africa on behalf of the country’s President, Mr. Michel Joseph Martelly. Ethiopian Prime Minister Mr. Haile Marian Desalegn gave his final address as Chairperson of the African Union before handing over to President Mohamed Ould Abdel Aziz. The opening ceremony also saw

the presentation of US$100,000 prizes under the Kwame Nkurumah Scientific Awards to two prominent African scientists; awards to Heads of State and Governments who have successfully championed the fights against malaria, launch of 2014 Year of Agriculture and Food Security in Africa and an acceptance statement by the incoming Chairperson of the African Union. Press releases on all the events are available at www.au.int as is the full list of the new bureau of the African Union.  http://au.int/

Black Business News International Edition -15- Winter/Spring 2014

Africa’s Agenda 2063: by Dr. Nkosazana Dlamini Zuma Chairperson of the African Union Commission

genda 2063, its implementation and the milestones it sets is part of what will bring about the shifts that will galvanize and unite in action all Africans and the Diaspora around the common vision of a peaceful, integrated and prosperous Africa. As an overarching framework, Agenda 2063 provides internal coherence to our various sectoral frameworks and plans adopted under the OAU and AU. It links and coordinates our many national and regional frameworks into a common continental transformation drive. Anchored in Pan Africanism and the African Renaissance, Agenda 2063 promotes the values of solidarity, self-belief, non-sexism, self-reliance and celebration of our diversity. We look at our foundational guiding lights and project what our future as a people and a continent may bring.

Our Foundation • The dream of Kwame Nkrumah and his generations, when they called in 1963 on Africans to unite. • Integration and unity is the only way for Africa to leverage its competitive advantage. • Successive generations of African youth loudly questioning the slow progress towards integration made the grand push for integration, for the free movement of people, for harmonization of education and professional qualifications, with

the Pan African University and indeed the university sector and intelligentsia playing an instrumental role. • We are now the third largest economy in the world.

Our Future • Evolution to the Conferation of African States (CAS). • Implementation of the Abuja Treaty. • Creation of the African Economic Community • Growth of commodity exchanges and continental commercial giants • Growth of regional manufacturing hubs, around the beneficiation of our minerals and natural resources, such as in the Eastern Congo, north-eastern Angola and Zambia’s copper belt and at major Silicon valleys in Kigali, Alexandria, Brazzaville, Maseru, Lagos and Mombasa, for example. • Investment in the African Agrarian Revolution to start and maintain massive irrigation schemes to harness the waters of the continent’s huge river systems and release the untapped agricultural potential – financed by Public-Private Partnerships (PPPs) that involved African and BRIC investors, as well as the African Diaspora. • The status of women, the tillers of the soil by tradition, will rise exponentially and they will have an equal chance of acquiring a

modern education and owning a farm or an agribusiness. • Aggressive promotion of the Green economy and claiming of the Blue economy using hydro, solar, wind, geo-thermal energy, in addition to fossil fuels. • Formation of an African Naval Command to provide for the collective security of our long coastlines. • Continuing investments, as governments and the private sector, in education and in technology, science, research and innovation. • Concerted campaigns to eradicate the major diseases, to provide access to health services, good nutrition, energy and shelter. • Financing of our development. • Welcoming the Diaspora in the traditions of Pan Africanism, to play its part, through investments, returning to the continent with their skills and contributing not only to their place of origin, but where the opportunities and needs are found. • Establishing the African Space Agency, the African Express Rail, Pan African Virtual University, and Permanent Membership on the United Nations Security Council.  http://summits.au.int/ en/22ndsummit/events/agenda2063-e-mail-future-presentationdr-nkosazana-dlamini-zumachairperson-au-co

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Agenda 2063 from page 16

Preparation of Africaâ&#x20AC;&#x2122;s Agenda 2063 Enters Final Stage According to the African Union Commission (AUC), stakeholder consultations, from September to December 2013, provided participants â&#x20AC;&#x153;the forum to share their vision of the Africa they want in 2063 and propose goals, milestones, key drivers and enablers as well as priority actions.â&#x20AC;? The Commission undertook the task by convening meetings with the private sector, African academics/

think tanks, planning experts and development specialists, civil society organisations, Diaspora, regional economic communities and AU organs, youth, media, women and web-based interactive consultations. In the meantime, reviews of national plans, regional and continental frameworks are underway with a view to facilitating integration of national, regional and continental priorities into Agenda 2063. A draft communication strategy has been prepared in order to make the development of Agenda 2063 and its implementation exercise

effective. The strategy entails maintenance of public awareness and media presence at events as part of the conceptualisation process of the principal agenda. At this summit, the Commission is urging AU member states to study the draft framework document and provide their inputs by mid-April 2014. The AUC intends to continue consultations with relevant stakeholders in developing the communication strategy that accompanies Agenda 2063. The final draft will be submited the to the next AU summit. http://au.int/

Black Business News International Edition -17- Winter/Spring 2014

Ambassador Reuben E. Brigety, II Representative of the United States of America to the African Union and Permanent Representative of the United States to the UN Economic Commission of Africa

n September 3, 2013 Ambassador Reuben E. Brigety, II was appointed Representative of the United States of America to the African Union and Permanent Representative of the United States to the UN Economic Commission of Africa. Prior to

and Migration. In this capacity, he supervised U.S. refugee programs in Africa, managed U.S. humanitarian diplomacy with major international partners, and oversaw the development of international migration policy. A native of Jacksonville, Florida,

Ambassador Reuben E. Brigety, II Presents Credentials as U.S. Ambassador to the African Union to the Chairperson of the African Union Commission, Dr. Nkosazana Dlamini Zuma

this appointment, Ambassador Brigety served as Deputy Assistant Secretary of State in the Bureau of African Affairs from November 14, 2011 until September 3, 2013 with responsibility for Southern African and Regional Security Affairs. From December 2009 to November 2011, he served as Deputy Assistant Secretary of State in the Bureau of Population, Refugees,

Ambassador Brigety previously served as Director of the Sustainable Security Program at the Center for American Progress from January 2008 to November 2009 and as a Special Assistant in the Bureau for Democracy, Conflict, and Humanitarian Assistance at the U.S. Agency for International Development from January 2007 to January

2008. From November 2008 to January 2009, he also served as a senior advisor for Development and Security to the U.S. Central Command Assessment Team in Washington and in Doha, Qatar. Prior to his work in the policy arena, Ambassador Brigety served as an assistant professor of government and politics at George Mason University and at the School of International Service at American University between August 2003 and April 2009. In addition, Ambassador Brigety was a researcher with the Arms Division of Human Rights Watch (HRW) from August 2001- May 2003, where he conducted research missions in Afghanistan and Iraq. Before joining HRW, Ambassador Brigety was an active duty U.S. naval officer and held several staff positions in the Pentagon and in fleet support units. Ambassador Brigety is a 1995 distinguished midshipman graduate of the U.S. Naval Academy, where he earned a B.S. in political science (with merit), served as the Brigade Commander and received the Thomas G. Pownall Scholarship. He also holds an M.Phil. and a Ph.D. in international relations from the University of Cambridge, England. Ambassador Brigety is a member of the International Institute for Strategic Studies, a Life Member of the Council on Foreign Relations, and a recipient of the Councilâ&#x20AC;&#x2122;s International Affairs Fellowship. www.usau.usmission.gov/keyofficers/ambassador.html

Black Business News International Edition -18- Winter/Spring 2014

A NEW BEGINNING:

E ntrepreneurship and Business Inn o va t i o n President Obama announced this special initiative at the April 2010 Summit on Entrepreneurship in Washington, D.C. In recognition of entrepreneurship as a driver of job creation and economic growth, this initiative builds ties between American entrepreneurs and entrepreneurs in emerging markets, developing nations, and in disadvantaged communities of developed countries. A N E W B E G I N N I N G ( A N B ) : Building Networks This is the concluding year of a four-year initiative organized by the U.S. Department of State, as a special initiative of the International Visitor Leadership Program. Each year the project brings 30 leading entrepreneurs to the United States to exchange best practices with American business owners, investors, government officials, educators and other business stakeholders. The project is designed to: t Create networking opportunities to share innovative entrepreneurial business strategies t Highlight the variety of market niches served by successful entrepreneurs and innovators t Explain partnerships that link capital, business development services and market access t Introduce social entrepreneurs who are filling gaps between government and the private sector The Department of State is developing this project in partnership with the Entrepreneurs’ Organization (EO), a network of 8,000 business owners in 40 countries. EO will engage participants in these interactive sessions: t Business seminars on strategy, sales and marketing, human resources, and finances t Small group “forums” in which participants and U.S. entrepreneurs share growth strategies t Peer-to-peer exchanges matching each participant with a U.S. entrepreneur engaged in a similar business enterprise

A N E W B E G I N N I N G 2 0 1 3 : September 16–October 4 The program opens in Washington, DC. Next, the group splits to visit either Denver or Portland, Oregon. The delegation reunites in Dallas, and then concludes the project in New York City. ALUMNI REFLECTIONS ON THE ANB EXPERIENCE:

A n i n s p i r a t i o n f o r action and sharing t A participant from Bahrain said ANB gave her the “right motivation” to run for Parliament, and today she is one of only three women serving in the Parliament of Bahrain. t A participant from Uganda credits ANB for his success in opening a new dairy, expanding the community of farmers he employs. t A participant from Brunei decided to franchise her restaurant business and was asked by the government of Brunei to create a franchise association to help grow the national economy. t More than 30 ANB alumni maintain regular communication with each other to share experiences and offer support as they grow their businesses. B U R E A U O F E D U C A T I O N A L A N D C U LT U R A L A F F A I R S | U . S . D E P A R T M E N T O F S T A T E exchanges.state.gov/ivlp | facebook.com/ANewBeginningExchange

African Women’s Entrepreneurship Program

he African Women’s Entrepreneurship Program, launched by the U.S. Department of State in July 2010, assist women entrepreneurs across sub-Saharan Africa. These small and medium business owners are transforming their societies through economic development and social advocacy in their communities.

AWEP 2012 participants listen to designer Diane von Furstenberg at the opening session in New York City

AWEP U.S. - Africa Exchange Through the Department of State’s International Visitor Leadership Program (IVLP), approximately 30 women entrepreneurs from across Africa arrive in the United States each year to attend professional development meetings and

best practices, discuss common challenges and learn about the global economy and factors that lead to long-term business growth.

African Women: Drivers of Their Economies

More than 120 alumnae comprise the AWEP network. Their enterprises include agribusiness, food processing, textile, fashion, and home design. Upon returning home, alumnae often start their own local AWEP chapters; educate aspiring entrepreneurs about exporting; establish or s t r e n g t h e n organizations that AWEP 2012 participants listen to Representative Sheila support women’s Jackson Lee at the U.S. Capitol. empowerment; and increase their network with U.S. policy makers, business capacity and revenues. companies, industry associations, AWEP alumnae can work with nonprofit groups, and multilateral USAID’s three regional trade hubs development organizations. in Africa to increase intraregional The three-week program allows trade and international export the AWEP participants to share

competitiveness. The State Department also collaborates with the private sector to establish public-private partnerships that stimulate business growth, create better business environments, and increase trade capacity. Current partners include Intel Corporation, the ExxonMobil Foundation, Vital Voices Global Partnership, and the Cherie Blair Foundation for Women.

AWEP Supports Economic Growth Supporting economic growth in sub-Saharan Africa is a policy priority for the United States. AWEP directly supports the Presidential Policy Directive on U.S. strategy toward sub-Saharan Africa by (1) spurring economic growth and trade through incorporating women into the economic sector and (2) promoting opportunity and development throughout the continent for women and youth. For more on the AWEP initiative, visit the U.S. Department of State AWEP website. http://eca.state.gov/ivlp/highlight/ african-womens-entrepreneurshipprogram

Black Business News International Edition -20- Winter/Spring 2014

UNITING AFRICA AND THE WORLD IN COMMERCE Trade Missions  Trade Fairs  Trade Seminars 28 E. Jackson Boulevard, Suite 600, Chicago, IL 60604 USA For information contact us: Telephone: 312-987-1892 or E-mail:info@continentalacc.org

www.continentalacc.org Black Business News International Edition -21- Winter/Spring 2014

Change ALL of Your Passwords NOW!

t's called the Heartbleed Bug, and if you haven't heard about it yet, you will very soon… Some computer security experts are calling it the worst security breach ever. So if you've ever entered passwords, credit card numbers or any other personal information into a "secure" web page over the last two years, you need to pay attention, and take action... Heartbleed is one of the biggest, most widespread vulnerabilities in the history of the modern web. It's a software bug that allows a knowledgeable hacker to siphon off private information entered into supposedly "secure" pages of the internet. Specifically, the bug is only found in software that uses the encryption software known as OpenSSL. Unfortunately, about 66% of all websites and web apps run on OpenSSL. That means if you've ever entered personal data into a site that you thought was secure because the address started with "https:" … well, it may not have been as secure as you thought. And your sensitive data may have already been stolen hundreds of times. Plus, it's not just websites that are affected. Lots of apps, email services, instant messaging clients, network routers and even printers can use OpenSSL. The worst part is that any past security breaches are impossible to detect. So no one really knows how

much damage has been done. That's why Heartbleed hasn't had more widespread media coverage yet. When people can't put a real number on how much data has been stolen, it becomes hard to grasp and newsmakers don't know exactly how to report it. But just because we can't quantify the impact doesn't mean you can

ignore this problem. Most major sites have already installed security patches … but if your data has already been stolen, it may be too late.

How to Stop the Leak?

The first step is to change passwords on all the sites that you use. If you want a list of sites that use Open SSL, you can find lists on the internet. They include many major sites like Google (Gmail), Yahoo, Instagram, Dropbox, TurboTax and a host of other popular sites. As long as the vulnerable version of OpenSSL is in use it can be abused. Fixed OpenSSL (www.openssl. org/news/secadv_20140407.txt has been released and now it has to be deployed. Operating system vendors and distribution, appliance vendors, independent software vendors have to adopt the fix and notify their users. Service providers and users have to install the fix as it

becomes available for the operating systems, networked appliances and software they use. The official site for more info on this security bug is http://heartbleed. com. 

Black Business News International Edition -22- Winter/Spring 2014

RESOURCES FOR GOING GLOBAL Event: Secretarial Energy Mission to West Africa • May 18-23, 2014 Secretary Pritzker will lead an Energy Business Development Mission to West Africa with stops in Ghana and Nigeria from May 18-23, 2014. This business development mission will promote U.S. exports to Africa by helping U.S. companies’ launch or increase their business in the energy sector in West Africa. This mission will assist U.S. businesses in initiating or expanding exports to the region by: • Arranging business-to-business introductions; • Providing market access information; and • Facilitating access to government decision makers. For more information, visit: http://export.gov/ AfricaEnergyMission2014

Workshops: 2014 Export University – Workshop Series • Feb 19, April 17 – June 3, 2014 Location: LA LAW LIBRARY 301 West First Street Los Angeles, CA Time: 1:30PM-5:00PM (MCLE classes are 12:15 – 2:15PM) Cost: $20 ($35 for MCLE classes) per class • Finding & Entering New Markets - Apr 17 • Export Sales/Port & Airport Security - May 8 • MCLE: Int’l Trade Research & Resources - May 21

• Freight & Logistics: Delivering Export Goods - Jul 10 Registeration: http://www.lalawlibrary.org/index.php/ classes-events/export-u.html

Event: The 20th Annual World Trade Conference: Building Locally, Growing Globally Location: Radisson Hotel Ontario, California Cost: $75 The California Inland Empire District Export Council (CIEDEC) with the U.S. Commercial Service, U.S. Department of Commerce celebrating 20 years of collaborative work in promoting and expanding international trade and business. Register at: http://www.worldtradeconference-ie.us

Event: MEXPORT Trade Show Location: 8863 Siempre Viva Rd., San Diego , CA 92154 Time: 10 AM to 5 PM Cost: Visitor attendance to the event is free of charge. MEXPORT is a leading exhibition for promoting trade and business between manufacturing plants and industrial suppliers and service providers. MEXPORT features exhibitions from industrial suppliers and service and draws attendance from plant managers and purchasing managers from Cali-Baja Mega Region manufacturers. The event is organized annually by the Otay Mesa Chamber of Commerce with support from the Center for International Trade and Development and the U.S. Commercial Service. Register at: www.mexport.org Inquiry at: mexport@otaymesa.org

• Incoterms - May 22 • Export Trade Finance & Insurance - Jun 5 • MCLE: Int’l Sales Contracts,Invoices & Etc. - Jun 18 • Legal Do's & Dont's - Jun 19

Event: “A Practical Guide to Selling Cosmetics Overseas” in FTA Countries"

Black Business News International Edition -24- Winter/Spring 2014

RESOURCES FOR GOING GLOBAL The newly redesigned Commercial News USA website makes it easier for buyers around the world to find American companies with products and services ready for immediate export and for U.S. exporters connect with buyers

Location: In country Speakers include U.S. Commercial Service in-country specialists to discuss markets, distribution channels, pricing, trends and more. Regulatory specialists will explain the registration process. Impact of the Free Trade Agreements will be outlined.

• Peru - April 15, 2014 www.icmad.org/events/upcomingevents/9535877f-0078-cca5-772f0b382a18eb6b • NAFTA - June 3, 2014 www.icmad.org/events/upcomingevents/9535877f-0078-c9a8-8d640b382a1a4808

• Panama - June 24, 2014 www.icmad.org/events/upcomingevents/9535877f-0078-c470-f4ad0b382a1b3e00 • Chile - July 22, 2014 www.icmad.org/events/upcomingevents/9535877f-0078-c569-82e40b382a1cb662

Workshop: Sporting Goods Exporters 2014 Free Workshop • May 2, 2014

Time: 9 am – 11:30 am Cost: FREE The export opportunities for sporting goods companies are growing as the industry grows. Good potential exists in the Latin American and Middle Eastern markets, particularly where Free Trade Agreements exist. Come to this free export workshop to hear from industry specialists on exporting, the market in Mexico, new export financing programs for small businesses, and how to obtain free assistance in expanding your sales to international markets. Inquire to:: Carrie.Brooks@trade.gov or call 858-467-7034.

Register at: http://sportinggoodsexports.eventbrite.com ᏊᏊᏊᏊᏊ Marketing: Promote Your Company on the New Commercial News USA Website

worldwide. Commercial News USA features hundreds of products and services from U.S. exporters. For more information and/or to review the current issue of the magazine, please visit www.thinkglobal.us. ᏊᏊᏊᏊᏊ The U.S. Commercial Service Your Global Business Partner. With offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce’s International Trade Administration uses its global Network and international resources to connect U.S companies with international buyers worldwide. If you have any questions about these initiatives, please contact your local U.S. Commercial Service trade specialist. To find the trade specialist nearest you please visit www.buyusa. gov/home/us.html or contact Bobby Hines at bobby.hines@trade.gov. 

Location: Cal State San Marcos 333 S. Twin Oaks Rd. Markstein Hall #105 San Marcos, CA

Black Business News International Edition -25- Winter/Spring 2014

2014

â&#x20AC;&#x153;Transforming Afri inclusive g

Importance of the Year of Agriculture In July 2012, the African Union (AU) Assembly of Heads of State and Government, declared the year 2014 to be the Year of Agriculture and Food Security in Africa,

marking the 10th Anniversary of the adoption of the Comprehensive Africa Agriculture Development Programme (CAADP). The 10th Anniversary of CAADP is an important milestone and an opportunity to continue to prioritise

agriculture and food security in policy and implementation to generate concrete results and impacts. The Year of Agriculture and Food Security will be commemorated across Africa, in Member States,

Black Business News International Edition -26- Winter/Spring 2014

4 Year of Agriculture

ica’s Agriculture: harnessing opportunities for growth and sustainable development” Regional Economic Communities, Continental organisations, and of course at the AU Headquarters. It will be a year that gives opportunities to communities, state and non-state actors to interact, express their voices on what works and chart the focus and targets for the next decade. This engagement and dialogue will contribute towards setting the agenda for sustaining the CAADP momentum, which forms the basis for African leaders to recommit themselves to realizing the original vision set out in 2003.

Sustaining the CAADP Momentum A decade of CAADP experience has demonstrated that Africa has a well-crafted, home-grown framework guiding policies, strategies and actions for agricultural development and transformation. The framework has been instrumental in raising the profile of agriculture at the centre of the development agenda at national, regional and global levels, and facilitating mobilization and alignment of multi-stakeholder partnerships and investments around national agriculture and food security investment plans that have been developed through the CAADP process. Through the instrumentality of

CAADP, African agriculture and food security concerns remained high on the policy agenda at national, regional, continental and global levels. Thanks to such concerted actions, the performance of Africa’s agriculture has been encouraging with annual agricultural GDP growth having averaged nearly 4% since 2003 – well above the agricultural share of GDP growth rates for the past several decades. It is absolutely necessary to sustain the momentum of such a positive change and development taking place in Africa well into the next decade.

Objective The Year of Agriculture intends to: consolidate active commitments toward new priorities, strategies and targets for achieving results and impacts, with special focus on sustained, all Africa agricultureled growth, propelled by stronger, private sector investment and public-private partnerships.

Targeted Activities Will Serve to Facilitate • Broad-based and inclusive consultations, and dialogue among all relevant stakeholders (parliamentarians, women groups, youth groups, farmer organisations, CSOs, private sector, etc.) on CAADP and

African Agriculture and food and nutrition security; • Mutual learning and experience sharing among countries with a view to strengthening and deepening country engagements and ownership to advance the agriculture and food and nutrition security agenda; • High level political dialogue on collective actions and seek demonstrable commitment by the Heads of State and Government for a sustained support and engagement on agriculture through the CAADP framework; and • Dialogue with Africa’s strategic partners – for demonstrable commitment to programme alignment, harmonization, coordination and mutual accountability for results.

Outcomes • Enhanced level of awareness and engagement among a broad spectrum of African citizenry (legislators, farmers organisations, CSOs, women and youth groups, private sector, etc.); • Active platforms and improved coordination of multi-sectoral actions at country, regional and continental levels; • Renewed demonstrable political commitment by African leaders through adoption of an AU Declaration to sustain the CAADP momentum to deliver on a set of measurable indicators and targets; and • Renewed demonstrable commitment by Africa’s partners to alignment, harmonization and coordination of programmes and support, and mutual accountability for results.  http://pages.au.int/caadpyoa http://pages.au.int/caadpyoa/ pages/importance-year-agriculture

Black Business News International Edition -27- Winter/Spring 2014

Beer Brewing Hops to Fight Dental Diseases

n the last decade, researchers have shown that the part of hops that isn’t used for making beer contains healthful antioxidants and could be used to battle cavities and gum disease. In particular, those antioxidant polyphenols are contained in hop leaves, called bracts. Now, Japanese researchers say they’ve identified some of the substances that could be responsible for these healthful effects. A little history lesson, via Popular Science. When England began exporting to the colonies in the 18th century, a lot of beer was spoiled by bacteria during the lengthy voyage. But those that had a higher proportion of hops in the recipe appeared to survive without significant product loss. In 1937, microbiologists discovered the antiseptic properties of hops: When exposed to hop extract, bacteria couldn’t survive. Over the next several decades, various teams of researchers show that extracts from bracts stop the bacteria responsible for inflammation leading to gum disease from being able to stick to surfaces -- thus preventing the release of bacterial toxins. In addition to prevention, bracts also removed plaque from teeth. The most compelling evidence yet came just this month. To get a complete picture of the polyphenolic compounds in hop bracts, a team led by Yoshihisa Tanaka from the research laboratories of Asahi Group Holdings, Japan, used chromatography to separate out various components in 25 grams of

hop bract extract. They found three new compounds, one already-known compound that was identified for the first time in plants, and 20 already-known compounds that were found for the first time in hops. The bracts also contained substantial amounts of proanthocyanidins, which are healthful antioxidants. Farmers in the U.S. harvest about 2,300 tons of hops (Humulus lupulus L.) a year. But since bracts aren’t used for making beer, no one cares about them and they’re simply

discarded. That’s a lot of bracts that could potentially be repurposed. The work may lead to a variety of natural oral products, ranging from effective gum disease prevention to a greener alternative to toothpaste using brewery throwaways. So, drink to your (dental) health this St. Patrick’s Day!  www.smartplanet.com/blog/ bulletin/beer-brewing-hops-to-fightdental-diseases/?tag=nl.e660&s_ci d=e660&ttag=e660&ftag=TRE4eb 29b5

Black Business News International Edition -28- Winter/Spring 2014

Kanzam International Inc. Linking your world of business www.kanzamint.com Agriculture Health Care Manufacturing Mining Tourism Black Business News International Edition -29- Winter/Spring 2014

Hon. Kofi Annan Steps Down as Chair of AGRA

fter six and a half years as Chair of the Alliance for a Green Revolution in Africa (AGRA), the Honorable Kofi Annan today announced his decision to step down from the Board of Trustees. Mr. Annan stated: “It has been a privilege to work with AGRA (www. agra.org) and its partners in the cause of attaining food and nutrition security in Africa by developing smallholder agriculture. Since its establishment in 2006, AGRA has become a dynamic and effective advocate for Africa’s smallholder farmers and The Honorable Kofi Annan agricultural needs. “AGRA is in a good position to consolidate its agricultural transformation achievements and make further during the African Union’s Year progress in catalysing Africa’s of Agriculture in 2014 and

beyond. Through the Kofi Annan Foundation, I will continue to support AGRA’s mission and to promote sustainable development by encouraging African governments and their partners totransform the agricultural sector, tackle climate change, and encourage privatesector engagement on the continent.” Mr. Annan welcomed the decision by the Board to appoint Mr. Strive Masiyiwa, current Vice Chair of AGRA, as his successor as of January 1, 2014. Mr. Annan said: “I am confident that Strive, who is one of AGRA’s

Black Business News International Edition -30- Winter/Spring 2014

founding Board members, will lead the organisation with renewed vigour and passion. Under Strive’s leadership and with his skills and expertise, AGRA will continue to make solid progress towards its vision of a food-secure and prosperous Africa.” Following his appointment, Mr. Masiyiwa said: “I am honoured by this appointment. Due to the commitment and professionalism of our staff, the trust of our donors, and not least the achievements of Mr. Annan, I will be assuming the leadership of a healthy and thriving organisation.” The AGRA Board expressed its profound gratitude to Mr. Annan for leading AGRA since its creation and for championing support to smallholder farmers - the primary

is an Africa based organisation working in partnership with governments, agricultural research

Rockefeller Foundation and the Bill & Melinda Gates Foundation. Since its establishment in 2006,

organisations, farmers, private sector, civil society and other rural development stakeholders to significantly and sustainably improve the productivity and incomes of resource poor farmers in Africa. AGRA’s programmes in the areas of seeds, soil health, market viability, supportive policies and innovative finance work to bring

AGRA has facilitated the training of over 400 Ph.D. and MSc students in crop sciences and soil health improvement; the establishment of 14,000 agrodealers and 80 seed companies; the training of 920,000 farmers to adopt integrated soil fertility management and 500,000 in improved marketing systems and value addition; and the support to 450 farmers organisations with a total membership of 46,000. Some 450 new and improved crop varieties have been developed with the support of AGRA and participating farmers have improved their prices by10-15%.

Kofi Annan Foundation The Kofi Annan Foundation (www.kofiannanfoundation.org) is an independent not-for-profit organisation founded in 2007 by the Honorable Kofi Annan, former Secretary-General of the United Nations and Nobel Peace Prize laureate. The Kofi Annan Foundation works to promote Peace and Security, Sustainable Development, and Human Rights and the Rule of Law.  drivers of African development.

agricultural

AGRA AGRA

(www.agra-alliance.org)

about transformational change across the agricultural value chain. AGRA was founded in 2006 through a partnership between the

www.agra.org/news-events/news/kofiannan-steps-down-as-chair-of-agrabut-reaffirms-commitment-to-food-andnutrition-security-in-africa/#sthash. hE522kPY.dpuf

Black Business News International Edition -31- Winter/Spring 2014

COMESA-EAC-SADC Launch US $7.5 Million Joint Programme

EAC Director General, Customs and Trade Mr Peter Kiguta and SADC Director – Trade, Industry, Finance and Investment, Ms. Boitumelo Gofhamodim

he three Regional Economic Communities of COMESA, EAC and SADC have launched a US $7.5 million Tripartite Capacity Building Programme to increase intra-Tripartite trade. The programme is aimed at accelerating intra-tripartite trade between the Common Market for Eastern and Southern Africa, the East African Community; and the Southern African Development Community. The launching ceremony took place in Lusaka, Zambia, January 2013. The African Development Bank (AfDB) provided the funds which will support the on-going trade negotiations process, trade facilitation instruments and industrial cluster action plans in the Tripartite Free Trade Area (TFTA). It will also support the participation of the private sector in the tripartite process through regional business councils.

The expected outputs of the programme are the installation of software for Non-Tariff Measures (NTMs) databases and enhancing capacity to manage sanitary and phyto sanitary standards; to improve capacity to negotiate market access and undertake implementation; and to strengthen capacity to effectively develop industrial clusters and value chains. The Tripartite Free Trade Area (TFTA) framework has three pillars which are: market integration, infrastructure development and industrial development. This initiative will be a building block towards the continental Free Trade Area being promoted by the African Union Commission. The TFTA was established by the Summit of Heads of State and Governments of the three RECs in 2008. The Tripartite FTA negotiations were launched in 2011 and a 36 month period for the completion of the negotiations

was approved. The first phase of the negotiations, which include negotiations in trade in goods and the movement of business persons are expected to be finalized in June this year (2014). The COMESA-EAC-SADC Tripartite brings 26 African countries collectively accounting for 58% of the continent’s Gross Domestic Product (GDP) and a combined population of 610 million people. COMESA Secretary General, Mr Sindiso Ngwenya, EAC Director General, Customs and Trade Mr Peter Kiguta and SADC Director – Trade, Industry, Finance and Investment, Ms Boitumelo Gofhamodimo represented their respective organizations. Dr Freddie Kwesiga, Resident Representative, AfDB – Zambia represented the Bank. COMESA will manage the funds on behalf of the tripartite group.  www.comesa.int/attachments/article/1009/ ecomesa%20newsletter_401.pdf

Black Business News International Edition -32- Winter/Spring 2014

Wo r l d Wa t e r D a y M a r c h 2 2 , 2 01 4

African Liberation Day M a y 2 5 , 2 01 4

Wo r l d D a y t o C o m b a t Desertification & Drought J u n e 17 , 2 01 4

Wo r l d R e f u g e e D a y J u n e 2 0 , 2 01 4

Mandela Day J u l y 1 8 , 2 01 4

Wo r l d A i d s D a y D e c e m b e r 1 , 2 01 4

AU Decade of the African Wo m a n 2 01 0 - 2 0 2 0

Decade of the African Diaspora 2 01 0 - 2 0 2 0

Agenda 2063 2 01 3 - 2 0 6 3

Black Business News International Edition -33- Winter/Spring 2014

Africa’s Stock Exchanges

he Stock Exchanges in Africa are a key component of the complex network of the financial landscape of the continent. The individual exchanges, the regional organizations such as SADC and ECOWAS, the African Union, all of whom are working together to try to integrate and link financial markets across Africa. This network is growing stronger and more astute all the time. Always consult your personal financial manager when embarking on an investment strategy.

Stock Exchange Listing • Bolsa de Valores of Cape Verde - www.bvc.cv (in Portuguese) • Bond Exchange of South Africa - www.bondexchange. co.za • Botswana Stock Exchange www.bse.co.bw • Bourse Regionale des Valeurs Mobilieres - UEMOA (Abidjan, Ivory Coast) - www.brvm.org • Casablanca Stock Exchange (Morocco) - www.casablancabourse.com/bourseweb/index. aspx

• Dar es Salaam Stock Exchange (Tanzania) - www. dse.co.tz • Douala Stock Exchange (Cameroon) - www.douala-stockexchange.com/index_us.php • The Egyptian Exchange - www. egx.com.eg/English/homepage. aspx • Ethiopia Commodity Exchange - www.ecx.com.et • Ghana Stock Exchange - www. gse.com.gh • Johannesburg Stock Exchange (South Africa) - www. jse.co.za/Home.aspx • Khartoum Stock Exchange (Sudan, in Arabic) - www.kse. com.sd • Libyan Stock Market - www. lsm.ly/_layouts/membership/ login.aspx?ReturnUrl=%2fEnglis h%2fPages%2fdefault.aspx • Lusaka Stock Exchange (Zambia) - www.luse.co.zm • Nairobi Stock Exchange (Kenya) - www.luse.co.zm • Malawi Stock Exchange - www. mse.co.mw • Mozambique Stock Exchange (in Portuguese) - www.

bolsadevalores.co.mz • Namibian Stock Exchange www.nsx.com.na • Nigerian Stock Exchange www.nse.com.ng/Pages/default. aspx • Stock Exchange of Mauritius www.stockexchangeofmauritius. com • Swaziland Stock Exchange www.ssx.org.sz • Tunisia Stock Exchange - www. bvmt.com.tn • Uganda Securities Exchange www.use.or.ug References: African Security Exchanges Association www.africansea.org/ asea/ The Exchange Magazine www.nse.co.ke/media-center/ecommunique/exchange-magazine/ category/50-free-version.html) African Capital Markets News www.africancapitalmarketsnews. com/tag/african-stock-exchange Investing In Africa http:// investinginafrica.net/african-stockmarkets/african-stock-marketperformance 

Black Business News International Edition -34- Winter/Spring 2014

So that African children see themselves in the books they read.

www.signafrica.net www.bbala.org select: Black Business News Black Business News International Edition -35- Winter/Spring 2014

Microsoft Announces an Innovation Grant Program to Fast-Track African Startups

icrosoft Corp. has announced the five African startups it will award innovation grants designed to provide the financial support needed to cross borders and empower the next generation of developers and entrepreneurs in Africa. The grant is part of the company’s 4Afrika Initiative (www.microsoft.com/ africa/4afrika), which was launched in February 2013 to facilitate the company’s active engagement in Africa’s economic development to improve its global competitiveness. Last year, Microsoft 4Afrika extended the Microsoft Ventures partnership program to Africa, with startup accelerator 88mph as its first partner. Through the 4Afrika Initiative, Microsoft is now extending its support to include grants to startups, selecting five startups as the first set of recipients. The startups were selected based on the uniqueness and scalability of their solutions, their business models and the relevance of the key problems they are addressing. The solutions and apps developed by the startups are relevant to consumers and the African market, ranging from agriculture, education and consumer (gaming). These startups will receive funding: • access.mobile LLC (Uganda) A solution with a key focus in the agriculture and healthcare industries, giving enterprises the ability to collect, analyze and share clear, real-time information

about their operations and supply chain activity. http:// access.mobile user training

accessmobileinc.com • Africa 118 (Kenya) A mobile directory services solution that helps bridge the information gap both for enterprises and

Africa 118 Directory Service consumers. http://africa118.com • Gamsole (Nigeria) A mobile game production company creating Windows games, with downloads topping more than 4 million. http://gamsole.com • Kytabu (Kenya) A textbook leasing application for low-cost

tablets. Students can save more than 60% of their education cost by renting their textbooks on an hourly, weekly, monthly, school term or annual plan. http://kytabu.org • Save & Buy (Nigeria) A Web and mobile platform that enables Nigerians to save toward the purchase of items conveniently and securely through e-commerce channels. www.saveandbuy.com.ng In addition to grants, Microsoft will provide technical support and mentorship to help these startups develop their businesses through the company’s Center of Expertise. This group of Microsoft technology enthusiasts focuses on using Microsoft tools and technologies to solve business problems. The 4Afrika Initiative aims to help startups break through barriers and reach new heights with the help of Microsoft’s data platform solutions, unified communications, optimized desktops and enterprise project management. Gamsole “As part of the 4Afrika initiative, we are excited to be supporting startups that have developed

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African Startups from page 36

innovative solutions that address key issues in Africa,” said Amrote Abdella, director of Startup Engagement and Partnerships for 4Afrika. “Our support is aimed to showcase the importance of local innovation, but, more important, it highlights the great potential that African innovators have in competing with worldclass developers and entrepreneurs.” Abiola Olaniran, CEO of Gamsole, which has already developed some of the most popular Windows Phone games in Africa, said, “The Microsoft 4Afrika innovation grant

provides a great support as it helps entrepreneurs to further bootstrap

their companies without giving up equity or control. It allows us to not miss out on the kind of fast growth that only major cash infusion can provide.”

de Sousa, general manager for Microsoft 4Afrika. “Smart capital combines access to finance, technical skills development, business mentoring, sharing of

“A critical success factor in driving the economic success of entrepreneurs in Africa is access to capital together with a solid incubation foundation. Microsoft 4Afrika is partnering with local organizations in creating opportunities for ‘smart capital’ to be available to our young innovators,” said Fernando

global best practices and access to markets with the infrastructure provided by local partners to enable world-class companies to emerge from Africa.” The Microsoft 4Afrika Initiative is designed to help Africa improve its global competitiveness and, in just under a year, has successfully launched various programs across the continent, including these recent innovation grants, to reach is 2016 goal. This will help place tens of millions of smart devices in the hands of African youth, bring 1 million African small and medium-sized enterprises online, upskill 100,000 members of Africa’s workforce, and help an additional 100,000 recent graduates develop skills for employability, 75% of whom Microsoft will help place in jobs. Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.  www.microsoft.com/en-us/news/ press/2014/feb14/02-03seedfundingpr. aspx

Black Business News International Edition -37- Winter/Spring 2014

Starting Up Africa by Jonathan Ortmans

hile startup cities are just emerging, there are smart and sophisticated steps being taken to develop healthy entrepreneurial ecosystems across the African continent. I take a look at one such collaboration, LIONS@ FRICA (http://africa.co), that promises to set a new example of how the willing can better help in Africa. Despite substantial global investment over the years in developing Africa’s economies, a general consensus lingers that foreign investment there is not delivering as much as it could. One relatively new effort is making its mark by capitalizing on the tools and energy of tech startups to foster smarter entrepreneurial ecosystems. LIONS@FRICA is an innovative partnership mobilizing the knowledge, expertise and resources of leading public and private institutions to encourage and enhance Africa’s innovation ecosystem and to spur entrepreneurship. The partnership

includes an impressive array of partners including the US State Department, VC4Africa (https:// vc4africa.biz), Microsoft, Nokia, DEMO Africa (www.demo-africa. com), Global Entrepreneurship Week (www.gew.co), and more (http://africa.co/about/partners). This will be an important year for entrepreneurship in Africa. For example, in Morocco alone we will see: a Startup Weekend (http://startupweekend.org) every month for a year; a twice as big Global Entrepreneurship Week celebration in November offering among other things the finale of the Startup Cup (http:// startupcup.com); leadership by one of Morocco’s major employers, OCF (www.ocpgroup.ma/en), in systematically setting up a collection of programs to fill gaps in the existing ecosystem; and finally, the State Department’s annual Global Entrepreneurship Summit (www.state.gov/e/eb/cba/ entrepreneurship/gep) being hosted by the Kingdom of Morocco. With so much activity, it becomes

even more important that all these actors take a systematic approach to deliberately build systems for nurturing new firm formation that can be sustained even if the public attention diminishes. There has been a lot of literature recently about what it takes to develop strong entrepreneurial ecosystems. One recent report by the World Economic Forum ( w w w. w e f o r u m . o r g / reports/entrepreneurialecosystems-aroundglobe-and-companygrowth-dynamics) and Stanford University that uses data from 1,000 entrepreneurs suggests that the three most important pillars of the entrepreneurial ecosystem are human capital, accessible markets and funding / finance. I took a look at what LIONS@FRICA is doing in all three of these areas. In terms of human capital, from my visits to startup hubs in Africa, I know there is plenty of potential for developers in Africa. It was exciting to enter iHub (www.ihub. co.ke) in Nairobi and be told that there is plenty of developer talent on multiple platforms—but fewer entrepreneurs leveraging their skills. LIONS@FRICA partner CoderDojo (http://coderdojo. com/#zoom=3&lat=48.9225&lon=35.15625&layers=T0B00) decided to build on this emerging opportunity with an African initiative called afriCoderDojo (http://africa.co/ africoderdojo) that teaches young people to code, develop websites, apps, programs, games and more while having fun. The partnership is based on the global CoderDojo movement and relies on a volunteer network of implementers and mentors to teach youth the basics of coding anywhere there

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is a computer and an internet connection. The program, which will be launched on February 22, is first being piloted in Tanzania and Nigeria with plans to roll out widely across the continent. afriCoderDojo is one to watch (http://africa.co/ africoderdojo/pilot-sites). Also identified in the World Economic Forum report was the role of large companies in accelerating the growth of earlystage companies. In this respect, LIONS@FRICA has partnered with Microsoft and their 4Afrika initiative. Last November, Microsoft announced the expansion of the Microsoft Ventures partnership program into Africa by selecting 88mph as its first African accelerator partner. 88mph was chosen for its proven model of helping launch and secure funding for innovative African startups. Together, Microsoft and 88mph will work to provide startups in Nairobi with mentorship, technology guidance, seed funding, joint selling opportunities and more. This is in addition to their BizSpark (www.microsoft.com/bizspark) program, through which they have already helped support 625 African startups by providing access to Microsoft tools and technologies. While I personally think funding has been exaggerated in terms of how much of a barrier it is to startups, most entrepreneurs say otherwise, including those surveyed for the World Economic Forum report. I am not surprised therefore to see LIONS@FRICA with a strong partner focusing on capital. VC4Africa is making significant strides in boosting angel investing in Africa through a blend of mentorship, investor preparation and deal screening. By providing this package, VC4Africa is making it easier for outside investors less familiar with the African continent to get involved. In the words of angel investor Jerome Kisting, “I don’t have

staff working for me, so if VC4Africa can do that initial screening and select entrepreneurs that actually have coherent business plans and it looks like the model can work, that is really useful.” Both Microsoft and VC4Africa have been big supporters of DEMO Africa, one of the LIONS@FRICA flagship programs. DEMO Africa, affiliated with the world famous DEMO pitch sessions, was brought to Africa and was hosted in Nairobi for the first time in 2012 and has now seen more than 70 entrepreneurs pitch onstage to a global community in two years. In 2014, DEMO Africa will make the move across the continent to the West African shores of Nigeria, opening more doors along the way. Not only does DEMO provide opportunities for African entrepreneurs to link with potential funders, it also gives these growing companies a huge opportunity to reach new markets, something emphasized in the World Economic Forum report. Collaboration and cohesion is vital to the LIONS@FRICA approach. For example, to further identify and bolster what are very different ecosystems across the African continent, the LIONS@FRICA partnership is now launching a bold goal of mapping the ecosystem of all 54 countries. We hear a lot of talk about mapping these days, but too often these initiatives result in a static document that is quickly out of date. LIONS@ FRICA is partnering with Startup Genome (www.startupgenome. co), which has been working on a curator-driven model of ecosystem mapping that provides a real-time picture of the environment. The platform has already taken off in the United States and while it has more than 85,000 startups mapped there is very little penetration into the ecosystems of Africa. Using its wide range of partners led by

GEW Global’s network on the continent, LIONS@FRICA will help bring curators on board to

begin mapping these ecosystems, thereby enhancing communication, improving efficiency and providing a cohesive tool for the continued growth of entrepreneurship in these countries. This effort is set to move forward in the first quarter of 2014. The LIONS@FRICA approach is also global. It recognizes that the actors supporting entrepreneurial development might come from anywhere in the world and of course that markets for African startups are on every continent. Not only is LIONS@FRICA the brainchild of the U.S. State Department which is developing a strong reputation for putting backbone from outside the continent behind supporting entrepreneurs in developing economies, it also engages with

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see Starting Up Africa on page 40

Starting Up Africa from page 39

the Global Entrepreneurship Congress (GEC http://gec2014. com) which has emerged as the world’s big tent to talk shop about global entrepreneurial development. LIONS@FRICA will have a session at this year’s GEC on March 17 in Moscow, offering leaders in the ecosystem a chance to share knowledge with their counterparts from 140 nations. Among them, policymakers from Africa and other developing economies will coordinate on emerging research, innovative policy ideas and leading edge programs to support entrepreneurs making sure their countries have access to the best ideas emerging from the world’s hottest startup communities. The event will also offer entrepreneurs a chance to find best-in-class ideas for scaling their nascent startup. This new approach is breaking old models for development throughout Africa and bears watching. If you are not planning on being in Moscow or on visiting one of the LIONS@ FRICA projects in 2014, be sure to stay up-to-date by following @ lionsafrica on Twitter. 

Hi everyone, Today’s the day. I’m excited to tell you -- and the more than 100,000 people who have already signed up -- that World Science U is now live! Head over now to World Science U: Choose a username and password, and start

experiencing a new kind of online learning. Get started by checking out our first two courses on Einstein’s Special Relativity -- one that’s purely conceptual and the other mathematical -- or by exploring our Science Unplugged videos, which offer brief explanations of some of the most exciting ideas in science. And remember, this is just the beginning -- we’re planning more courses that will cover mathematics, physics, biology, chemistry, astronomy, and more. So, start your exploration of science now: www. worldscienceu.com/sign-up Brian Greene Co-Founder, World Science U Co-Founder, World Science Festival Professor of Physics and Professor of Mathematics, Columbia University

http://entrepreneurship.org/Blogs/ Policy-Forum-Blog/2014/February/ Starting-Up-Africa.aspx?utm_ source=Newsletter&utm_ medium=Email&utm_ campaign=Policy_02_03_2014 Black Business News International Edition -40- Winter/Spring 2014

One Africa:

Tell the US Government that North Africa is Africa Too!

oin with and support the United Africa Organization’s campaign to petition the U.S. Department of State to include the whole African continent under its Bureau of African Affairs.

Why? The State Department’s Bureau of African Affairs, led by Assistant Secretary Johnnie Carson, currently excludes Algeria, Egypt, Libya, Morocco, Tunisia and Western Sahara from its agenda. Instead, the aforementioned countries are grouped with the Bureau of Near Eastern Affairs, together with Iran, Iraq, Israel and others. This artificial distinction between North Africa and the rest of Africa

negatively impacts US foreign policy relations throughout the entire continent of Africa. We unequivocally reject the argument that North African countries are outside the scope of African affairs. North Africa is geographically and historically part of the African continent, and all fifty-three (53) independent African states, including North African countries, are represented in the African Union (AU). It would be far more productive for the State Department to engage with the entire continent of Africa, including North Africa, under its Bureau of African Affairs. We are one Africa, from the

Cape to Cairo, indivisible and bound together! Therefore, no square inch of African land should be excluded from African affairs.

Sign The Petition!!! Go to www.change.org/petitions/ one-africa-tell-us-state-departmentthat-north-africa-is-part-of-africa and sign the online petition to support this important proposition. Next tell everyone you know to sign. 

www.uniteafricans.org

2014 GEDI Rankings for Africa

he Global Entrepreneurship & Development Index (ww. thegedi.org/research/gediindex) was created to provide a more complete understanding of economic development by capturing the contextual nature of business formation, expansion, and growth. It is based on analysis of comprehensive data sets from more than 120 countries that marshal information about the “3A’s” of development: • entrepreneurial attitudes, • aspirations, and • activity. Reports for 2011, 2012 and 2013 are available on the website.  www.smartplanet.com/blog/ bulletin/the-most-entrepreneurialcountries-in-the-world/?tag=nl. e660&s_cid=e660&ttag=e660&ftag =TRE4eb29b5

RANK 51 61 62 64 71 74 84 86 87 89 91 94 95 96 98 98 99

NATION South Africa Tunisia Namibia Botswana Gabon Nigeria Morocco Algeria Swaziland Angola Zambia Ghana Egypt Senegal Benin Cameroon Liberia

RANK 102 103 106 106 107 108 110 111 112 113 114 115 117 118 119 120

NATION Kenya Tanzania Mozambique Rwanda Gambia Malawi Burkina Faso Ethiopia Madacasgar Côte d’Ivoire Uganda Mali Mauritania Sierra Leone Burundi Chad

2014 Emerging Cities Outlook Index Africa has 5 Cities on the List

he Emerging Cities Outlook (ECO) is a companion to the A.T. Kearney’s Global Cities Index–a list of 84 cities measured on how globally engaged they are in business activity, human capital, information exchange, cultural experience and political engagement (www.atkearney.com/

research-studies/global-cities-index/ full-report).

The ECO, is all about potential. As in, the potential for that city to become more global in the future and someday even rival cities on the global index.

Specifically, the ECO predicts the likelihood that 34 cities in low- and middle-income countries will improve their future global positioning in the next 10 to 20 years, based on how quickly they’ve been catching up with the top performers on a number of leading human capital, business activity and innovation indicators. While these cities have potential, they also have issues that threaten to hold them back. For instance, São Paulo–a city with strong business activity–has problems in stability and security and

Addis Ababa must still attend to income inequality and business transparency Africa’s ECO cities with potential are listed by rank, name, and nation: 3---Addis Ababa, Ethiopia 9---Nairobi, Kenya 13-Johannesburg, South Africa 16-Cape Town, South Africa 18-Tunis, Tunisia.  www.smartplanet.com/blog/ bulletin/20-emerging-cities-thatcould-someday-rival-new-yorklondon-and-paris/?tag=nl.e660&s_ cid=e660&ttag=e660&ftag=TRE4e b29b5

Black Business News International Edition -43- Winter/Spring 2014

President Mugabe Wants President Nyerere Honoured for his Role in Africa’s Freedom Struggle By Kitsepile Nyathi

imbabwe President Robert Mugabe says failure by African leaders to honour Tanzania’s President Julius Nyerere for his role in liberating the continent is embarrassing. The 90 year-old leader was speaking at a belated birthday party hosted by his office staff shortly after arriving back from an eye operation in Singapore. He said African leaders should do more to honour Dr. Nyerere who made his

 President Robert Mugabe  The Late Nelson Mandela

with President Nyerere

and Mama Maria Nyerere

country a sanctuary to liberation movements. “I want to say, when all honour has been showered on heroes in Africa, the man who has been humiliated is Mwalimu Julius Nyerere,” President

Mugabe said. “There we are, liberation movements, there we were - depending on the resources in Tanzania. “But there has been nothing said about this man and his country at the OAU (Organisation of African Unity). (Kwame) Nkrumah (of Ghana), yes, he had that support … But Tanzania, to say Nyerere was like any other.

Mr. Mugabe, the new African Union Deputy Chairperson said the continent should be reminded of the gratitude it owes Dr. Nyerere. “I want us, Zimbabweans, to stand for Nyerere. Africa should be reminded of the responsibility that it thrust on this man, a burden to train all liberation movements,” he said. “It was a burden that was not only political, but, at the end of the day, there is no one to say Tanzania deserves to be mentioned. “At the end of the day, there is no one to say Tanzania deserved to be even mentioned, just mere mentioning as having accomplished that mission, see Honor President Nyerere on page 45

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Mwalimu Julius Nyerere - http://juliusnyerere.info

Honor President Nyerere

not gone back to Tanzania. “Well, I am going to be chair of the African Union (AU) and I am going from page 44 to tackle this issue,” he added. He said Zimbabwe should take the lead in expressing gratitude to that mission to have us as friends, that mission to make us train our the former Tanzianian statesman. “There is none, none, none, none, liberation movements in Africa. none at all who have recognised “We all went in various ways, in what Nyerere did. Just look at the various dimensions, to Tanzania to liberate our countries and we have nature of the mission he undertook. He never changed at all and we

were all there,” he said. “We of Zimbabwe are not ungrateful, we are not ingrates. We are a grateful nation and we shall undertake to honour this man.”  http://mobile.nation.co.ke/ news/Robert-Mugabe-wantsNyerere-honoured-for-freedomstruggle/-/1950946/2218616/-/ format/xhtml/-/8a6l4v/-/index.html

Black Business News International Edition -45- Winter/Spring 2014

Government, the Facilitator not the Employer By Robert Sichinga Jnr. MBA, MsHCA

his article piggy-backs off an earlier piece titled “The Definition of GDP does not include Employment Rates” in which I responded to critics of Zambia’s impressive year-overyear GDP growth. These critics discounted Zambia’s GDP growth because of the countries high unemployment rate. The point I hoped to get across was that, while an improved employment rate is expected as an economy grows; the growth of one is not commensurate with an equal growth rate of the other. We live in a world where the technology around manufacturing, construction, and mining, to mention a few, allows companies to do more with less. Today a single piece of equipment operated by one or two people is performing a function that previously was performed by 20 or more people and took much longer to complete. Additionally, such equipment addresses concerns about efficiency and quality. I guess one way to ensure that employment is directly tied to a countries GDP growth is to avoid the use of high-tech, more efficient equipment and have human beings perform these manufacturing or other labor intensive functions. Then you will have to deal with efficiency, turn-around time and cost. Ultimately, this would make Zambia less competitive in this global market place. So, let’s continue to appreciate and praise Zambia’s impressive GDP growth as this is also a measure by which the investment world determines

the viability of the country as an investment destination. But I am not ignoring the need to improve Zambia’s unemployment rate. The discussion should be centered around those controllable factors that the country can employ to positively impact employment. I was recently unwittingly pulled into a discussion which turned into an incoherent argument about how Zambia’s current government was not doing “anything” to create jobs and eliminate poverty. As we exchanged points, it b e c a m e apparent, very quickly, that this gentleman and I had a very different understanding of what the role of government should be in a countries economic development a n d subsequently, i t ’ s employment rate. This gentleman felt that it was the role of government to “create jobs.” How government creates these jobs is where we differed. He felt that government should spend unlimited amounts of money on hiring, building, and

funding of projects. I, on the other hand, felt that government’s role in economic development is to create an Enabling Environment; an environment in which the private sector can do the hiring, building, and funding, either alone or in partnership with government. My opponents argument was not completely flawed assuming the government has the money for all such projects and funding. Now we know that Zambia does not have

unlimited resources. The question is, should the government be an investment partner, facilitator or be completely responsible for the cost of all infrustructural development? Should the government actually put

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up the money into most, if not all capital investment? If you answered yes to the last question, then the next task should be to determine where that money will come from. It will either come from a large taxable base of employees and businesses,

country’s percentile rankings on the following 10 topics: • Starting a business • Dealing with construction permits • Getting Electricity • Registering Property • Getting Credit • Protecting Investors Doing Business Ranking: 2013-2014 • Paying Taxes 2013 2014 Change • Trading Across Borders EASE OF DOING 90 83 +7 BUSINESS RANK • Enforcing Contracts, and Starting a Business 70 45 +25 • R e s o l v i n g Dealing with 65 57 +8 Insolvency. Construction Permits The rankings above are dependent on two Registering Property 9 102 -4 factors, namely the Getting Credit 11 13 -2 individual country’s Protecting Investors 80 80 No Change performance in a Paying Taxes 68 68 No Change particular category Trading Across 163 163 No Change and how well other Borders countries are also Enforcing Contracts 114 120 -6 performing, meaning that Zambia might Resolving Insolvency 100 73 +27 show improvement in a More information can be found from the World Banks section on Doing Business rankings at www.doingbusiness.org. specific area but might not improve in rankings or it will be borrowed or granted. due to greater improvement by We know, in the case of Zambia, another country. However, when that the money will not come from you look deeper into the report a large taxable base of employees available at www.doingbusiness. and business, and we know that a org, you will see which areas country can not perpetually depend showed improvement or a lack there on grants or borrowing. I think we of. Generally, Zambia has showed can all agree that Zambia does not an improvement in its overall Ease have unlimited resources or “deep of Doing Business ranking. pockets” to pay for every capital intensive project. So let’s look at the Multi-Facility Economic Zambian government as a facilitator Zones - creating an enabling environment and investment partner. In an effort to provide an enabling Zambian Government as environment from an infrastructure the Facilitator - creating an development perspective, the enabling environment Zambian government embarked A good place to assess or monitor on the creation of Multi-facility Zambia’s efforts at creating an economic zones (MFEZ). These enabling environment is to look at economic zones are industrial the World Bank/IFC annual Ease zones for both export-oriented and of Doing Business rankings. Ease domestic-oriented industries. The of doing business ranks economies zones are strategically located and from 1 to 189, with first place being provide the necessary infrastructure the best. The index averages the to enable an organization to set Getting Electricity

152

152 No Change

up operations in the shortest possible timeframe. The Zambian government expects to attract and facilitate establishment of worldclass enterprises into the zone (s). The success of these zones is crucial to Zambia’s goal of growing its manufacturing capability.

Zambian Government as the Investment Partner - creating an enabling environment Public-Private Partnerships (PPP) including Build-OperateTransfer (BOT), are examples of ways that the Zambian government is able to partner with private sector to expedite infrustructural development. PPP facilitates the combination of the strengths of private and public sectors. These partnerships allow implementation of public construction projects within a shorter timeframe, reduction of investment and operating expenses. PPP is a broad term which refers to contractual partnerships between the public and private sector agencies, specially targeted towards financing, designing, implementing, and operating infrastructure. Build Operate Transfer (BOT) and similar arrangements are a kind of specialized concession in which a private firm or consortium finances and develops a new infrastructure project or a major component according to the governments goals. Under BOTs, the private partner provides the capital required to Build the new facility, Operate and Maintain it for the contract period and then return the facility to Government as per agreed terms. Importantly, the private operator now owns the assets for a period set by contract. This period is sufficient to allow the developer time to recover investment costs through user charges. Other similar arrangements include: • Design Build (DB): Where see Government, the Facilitator on page 48

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Government, the Facilitator

for PPP arrangements over the last several years:

from page 47

•

Private sector designs and constructs at a fixed price and transfers the facility. Build-Transfer-Operate (BTO): Where Private sector designs and builds the facility. The transfer to the public owner takes place at the conclusion of construction. The private firm is given the right to operate and get the return on investment for a defined period. Build-Own-Operate (BOO): A contractual arrangement whereby a Developer is authorized to finance, construct, own, operate and maintain an Infrastructure or Development facility from which the Developer is allowed to recover his total investment by collecting user levies from facility users. Transfer of the facility to the Government, Government Agency or the Local Authority is not envisaged in this structure. Design-Build-Operate (DBO): Where the ownership is involved in private hands and a single contract is let out for design construction and operation of the infrastructure project. Build- Operate-Transfer (BOT): Annuity/Shadow User Charge: In this BOT Arrangement, private partner does not collect any charges from the users. His return on total investment is paid to him by public authority through annual payments (annuity) for which he bids. Other option is that the private developer gets paid based on the usage of the created facility.

Zambia has engaged in different kinds of PPP arrangements and continues to seek out partnerships of this kind. The following are sectors in which Zambia has looked

Roads Lusaka-Ndola: BOT/Tolling Kitwe Chingola: BOT/Tolling Chingola-Jimbe Border: BOT/ Tolling Lusaka-Livingstone: BOT/Tolling Kafue-Chirunda: BOT/Tolling

do much more, especially in the area of support and incentives for Micro-, Small- and Mediumsized companies, however it’s appropriate to acknowledge current efforts and also praise successes and achievements.  Robert Sichinga is originally from

Rails Zambia Railways Concession: Concession Border Post Support Infrastructure Kasumbalesa: BOT Kazungula: BOT Nakonde: BOT Mwami: BOT Jimbe: BOT Kipushi: BOT Energy Kafue Gorge Lower: BOT Itezhi-Tezhi Hydro: Upgrade of Indeni and TAZAMA Estate and Housing Government Offices Complex: Maintenance Contract UNZA Hostels: BOT UNZA Ultra modern business park: BOT Luburma Market: BOT 4000 Housing Unit each in Livingstone, Lusaka and Ndola: BOOT Agriculture Nansanga Farm Block: BOT Irrigation Development Project: Grain Marketing: Source: http://zm2.mofcom.gov. cn/article/supplydemandofchina/ cooperation/201012/20101207284765. shtml

The Zambian government’s current efforts are not perfect, sufficient or comprehensive. I believe that the government can

Zambia and is currently based in California. He may be contacted at: rsichinga@zambiausachamber.org and you may view his website at: www.zambiausachamber.org. He is committed to promoting Zambia’s investment opportunities. His primary interest is in publicizing, promoting, and developing commercial and industrial connections between companies in the United States of America and Zambia. Robert Sichinga is a contributor to The Black Business News International edition, Zambia Investor magazine of South Africa, and Africa Speaks 4 Africa. He has also served on the board of several African-Diaspora focused organizations. 

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Nigeria Becomes Africa’s Biggest Economy

igerian GDP now includes previously uncounted industries like telecoms, information technology, music, online sales, airlines, and film production. GDP for 2013 totalled 80.3 trillion naira (£307.6bn: $509.9bn), the Nigerian statistics office said. That compares with South Africa’s GDP of $370.3bn at the end of 2013.

‘Changes nothing’ However, some economists point out that Nigeria’s economic output is underperforming because at 170 million people, its population is three times larger than South Africa’s. On a per-capita basis, South Africa’s GDP numbers are three times larger than Nigeria’s.

And Nigerian financial analyst Bismarck Rewane called the revisions “a vanity”. He added: “The Nigerian population is not better off tomorrow because of that announcement. It doesn’t put more money in the bank, more food in their stomach. It changes nothing.” Rebasing is carried out so that a nation’s GDP statistics give the most up-to-date picture of an economy as possible.

Most countries do it at least every three years or so, but Nigeria had not updated the components in its GDP base year since 1990. Then, the country had one telecoms operator with around 300,000 phone lines. Now it has a whole mobile phone industry with tens of millions of subscribers. Likewise, 24 years ago there was only one airline, and now there are many. International aid donors are keen for more African countries to undertake this process regularly because it enables them to make better decisions when it comes to aid. www.bbc.com/news/business26913497#story_continues_2

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Nigeria’s Jet Set: How the Super-rich Travel By Tomi Oladipo

Nigeria’s rich elite are increasingly buying private jets to avoid flying on commercial airlines, reports the BBC’s Tomi Oladipo from Lagos. ccording to Peter de Waal of ExecuJet Aviation Nigeria, “There’s an average of nine aircrafts fixed here in the hangar,” he says looking across at a line of sleek jets, as a team of engineers works on them. ExecuJet provides a hangar and is authorised by major aviation companies to provide maintenance services for business aircraft, attesting to the rapid growth of the private aircraft industry in Nigeria. “Maintenance was done in Europe and the United States, but our services here can help save time and an enormous cost,” Mr. De Waal told the BBC. Travelling on Nigeria’s commercial

airlines, even in business class, can be problematic, with frequent delays and rerouting causing an inconvenience for everyone, including those for whom time is money. This, with the added exclusivity, has made the option of bespoke air travel a popular one for the superrich. “It is difficult to estimate the exact number of private jets in Nigeria because the majority are under foreign registries,” says Rady Fahmy, the executive director of the African Business Aviation Association. “Aircraft in Nigeria, and most of Africa, are owned by individuals who are businessmen and women,” he says. “This is in contrast to North America and Europe where the account is usually under corporate

ownership. “The choice to put it under individual’s name is due to financing requirements.”

‘To Owner’s Taste’ Most of the jet owners prefer to avoid the spotlight, especially when it comes to discussing their wealth, although within aviation circles it is common knowledge who owns what. The long-range Bombardier Global Express XRS, worth about $50m (£30m), is preferred by those at the top of the rich list, including Africa’s wealthiest businessman Aliko Dangote, oil baroness Folorunsho Alakija, and the mobile phone tycoon Mike Adenuga, who also own both short and long-range business aircraft. Other common models - ranging from about $57m to $39m - are the

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Gulfstream G550, Bombardier Challenger 605, and Dassault Falcon 900, with owners ranging from politicians to clergymen. Mr. De Waal makes a quick phone call to a jet owner and I am granted access to a sleek Falcon 900. A polished dark wood trim sets the mini-bar apart from the rest of the cream interior with grey leather seats. The passenger area is divided into several parts, including a general area with four seats, a business meeting area also with seating for four, an enclosed area with a large couch that can be converted into a bed, and a small bathroom at the

back of the plane. It is all made to the taste of the owner, a billionaire businessman, who asks not to be identified. The planes are also mostly registered abroad, mainly in the US, Bermuda, the Channel Islands, the Isle of Man and Mauritius. Some industry insiders think owners prefer such arrangements as aircraft lose their resale value if they are registered in Nigeria because of doubts over maintenance standards.

Luxury Jet Tax Axed It is difficult to ignore the tens of millions of Nigerians who cannot afford commercial air travel, not

to mention owning aircraft. Nigeria is achieving steady economic growth but the general perception is that few are benefiting from this boom apart from its more than 500 people with estimated assets of above $50m. For those who are not quite able to afford their own planes, Nigeria’s chartered flights business is also booming, attracting international companies such as Hanger8 and VistaJet. The growth of the air transport industry and the economy has led business aviation manufacturers like Beechcraft Corporation into the African market, with Nigeria as a key focus. “We have seen a large number of deliveries of business aircraft across the continent over the past decade,” say Scott Plumb, Beechcraft’s vice-president of sales for Europe, Middle East and Africa. “We fully expect this trend to continue as a greater number of entrepreneurs and corporate entities seek to take advantage of the benefits of business air travel on the back of Africa’s strong economic growth.” Cultural peculiarities also make it to the runway, with huge entourages of friends and aides swarming around Nigeria’s larger-than-life VIPs. “You can sometimes see five or six cars at the same time to receive one person,” Mr. De Waal says. In October 2013, the Nigerian Airspace Management Authority introduced a luxury tax of about $3,000 for every departure of a private jet. The jet owners responded by saying it was unfair and the senate soon ordered a suspension of the levy - a sign of the political influence of Nigeria’s wealthy businessmen and women.  www.bbc.com/news/worldafrica-26439657

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A New Platform set up to Expose Zambia Talent to the USA

simple yet innovative idea has been hatched to highlight Zambian talent. This is through the establishment of a platform to expose Zambian talent into the American market. Talent Zambia USA or just Talent Zambia, is the brain child of USbased Zambian born, Robert Sichinga, Jnr.

Robert Sichinga Late last year Sichinga embarked on a mission to call different Zambian Talents and floated the idea of a platform on which they could have their own profile. The goal of which was as this platform was exposed and gained popularity, the talent

represented would in turn also be promoted and exposed. With unanimous support, Talent Zambia USA was born. The talents represented on the site are based in Zambia, the US and other parts of the world. All Talent Zambia members receive a 1 or 2 page profile on the website at no cost. The Talent is asked to provide as much information as they want the world to see. Some profiles include music videos, movie clips or reels, pictures, news articles, professional bios, and links to other sites they might be part of. In addition to representation on the website, Talent Zambia will work to establish partnerships and contacts for the represented Talents. As the Talent Zambia website took form Sichinga contacted Zambia-born Seattle-based Davies Chirwa, CEO of Channel ATV/DC Productions. Chirwa has many years of experience in the industry, spanning from TV/Video production, photography, and entertainment management. The two agreed to establish a partnership and committed to grow Talent Zambia. Sichinga and Chirwa began making calls to Zambian Talents. Shenky, a Zambian based singer, song writer and producer of Tinnah Touch productions, provided Sichinga with over 20 names and numbers of Zambian Talents immediately after hearing about the initiative. Talent Zambia represents models, actors, musicians, photographers, graphic designers, fashion designers and individuals in film and media

production. On Wednesday April 9, 2014, Talent Zambia was officially launched at the Marriott Hotel in Marina Del Rey, a beach city in Southern California. In addition to the invited guests, a few Talent Zambia members were present. These included, Ben Daka a Zambian born film producer based in California, Talia Hayward a

Black Business News International Edition -52- Winter/Spring 2014

Davies Chirwa with Taash

Sichinga hopes that as Talent Zambia Radio gains popularity he would like to use it to air Zambian radio shows. Talent Zambia radio is available by going directly to www.talentzambiaradio. com or by downloading a cellphone or IPAD app called Radionomy and then finding Talent Zambia Radio station.

More Partnerships Several organizations have established strategic partnerships with Talent Zambia. The most recent includes a partnership with

The Africa Vibes magazine based in California. The Africa Vibe magazine has agreed to provide Zambian content in their online and print magazine. The Zambia National Arts Council and the Zambia Association of Media Arts have both formerly endorsed Talent Zambia in addition to the Zambia Short Film Festival. Zambia’s Kings of Comedy are also part of Talent Zambia. Sichinga would like to introduce comedy sketches on Talent Zambia Radio, in addition to other activities to expose the group. For more information, visit: www. talentzambia.com. 

Talia Hayward Zambian born artist based in California, Taash, a Zambian born singer based in Florida and Talent Zambia partner Davies Chirwa who is an accomplished film/video producer based in Seattle. Each of the Zambian Talents present at the launch party exhibited examples of their work including two songs performed by Taash. Chirwa and Sichinga are currently working to expose Taash to the world. Chirwa and Sichinga mentioned that they are excited about helping Taash break into the industry and are convinced that she will be a force to be reckoned with. Talia presented a 4’ X 5’ mosaic of the late Nelson Mandela’s face. The mosaic is made of 4,560 pennies. Sichinga has also set up Talent Zambia Radio (www. talentzambiaradio.com) an online radio channel which carries nonstop Zambian music. The music mixes on the online station are provided by Talent Zambia member DJs based in the US. ZedBeats, the largest online platform for Zambian music is also providing Talent Zambia with music mixes.

Black Business News International Edition -53- Winter/Spring 2014

M&C Global Meeting Planner 201

eetings & Conventions (M&C) magazine conducted its annual Global Planner survey to take an in-depth look at meetings, conventions, trade shows, incencentive programs and events held outside of the USA. 313 planners from corporations

and associations participated. Their responses revealed where groups met outside of the USA and where they will hold international events in 2014 and 2015. The results indicate that African destinations are decreasing in popularity. ď&#x201A;ł

http://meetings-conventions. texterity.com/mcmagazine/ mc201404?folio=63#pg109

SAVE THE DATE!

ETHIOPIA BUSINESS & INVESTMENT FORUM Fostering Private Sector Partnerships for Economic Development WHEN? Friday, August 1, 2014 8:00 am – 4:00 pm

2151 Avenue of the Stars, Los Angeles, CA 90067 WHY ETHIOPIA? Harnessing the power of its large population and abundant labor force; political and social stability; and investment incentives and protections; Ethiopia has achieved some of the highest economic growth rates across Africa over the past decade. The government of Ethiopia also has undertaken considerable reforms to improve the country’s business climate, enhance its attractiveness, and raise its infrastructures to international standards to make investment in Ethiopia favorable to all prospective investors. HOW? The forum will showcase the vast business and investment opportunities for U.S. organizations that exist in Ethiopia in the areas of agriculture, manufacturing, infrastructure, hotel and tourism development, and mining, amongst others. U.S. organizations can also take advantage of the “Power Africa” initiative by investing in the country’s enormous renewable energy resources, such as wind, solar, geothermal, and hydroelectric power. WHO’S COMING? The delegation will be led by the highest possible executive of the Federal Democratic Republic of Ethiopia (FDRE) and will include senior cabinet ministers and Ethiopia’s leading private sector companies.

TOURISM | ENERGY | INDUSTRIES | AGRICULTURE | CONSTRUCTION For more information, please contact: Ambassador Zerihun Retta, Consul General, Consulate General of Ethiopia in Los Angeles at 310-616-6910; Mr. Esayas Gotta, Deputy Consul General, Consulate General of Ethiopia in Los Angeles at 213-365-0017 or investethiopia@ethioconsulatela.org; or Dwayne Gathers, Gathers Strategies, Inc. at 213-236-3554 or dgathers@gathersstrategies.com For online registration, click - register Or enter the following URL into your browser https://arcsoftus.wufoo.com/forms/ethiopian-business-investment-forum/ Embassy of Ethiopia Washington DC

Ethiopian Ministry of Foreign Affairs Addis Ababa

Ethiopian Consulate General Los Angeles

Introducing the .....

Agriculture Education Energy Manufacturing

• • • • •

Key Investment Sectors Mining Transport Health Tourism

Basic market research Partnering Identifying opportunities Information on economic performance Information on rules, regulations, licensing

• • • • •

Information Communication Technology Construction, Real Estate

Industry specific support General information through Conference, lectures, events and seminars Trade missions Networking and Net-weaving Advocacy with local and state governments

CONTACT

Zambia USA Chamber of Commerce P.O. Box 13541 Torrance CA 90503

www.zambiausachamber.org info@zambiausachamber.org 424 777 6474

In the Spotlight Education and Good Will Leads

use a district quota formula, which is equal to the number of candidates by gender multiplied by the vacancies in the school divided by the national candidature for the gender. http://allafrica.com/stories/201312310169.html

Nyahururu Boy Tops Laikipia Exams List

Little-known New Life Academy in Nyahururu town has produced the best pupil in last yearâ&#x20AC;&#x2122;s Kenya Certificate of Primary Education (KCPE) examinations in Laikipia county. Elvis Wanjohi, KCPE Results Released The Kenya Certificate of Primary Education 12, scored 433 marks out of the possible 500. Karungari said her son had been active at school results for 2013 were recently released at Mitihani House in Nairobi. The Kenya National and at home but it was a surprise that he has Examinations Council communications manager emerged number one.The school director Pastor Fridah Were said everything had been put in place Ken Ogalle said Wanjohi is an active boy and thanked the teachers for their cooperation.The for the release of the results. The top 2012 KCPE candidate scored 430 out of institution is known for supporting the needy in the the possible 500, but this formula means that there society. is no clear cut-off point for one to join a national http://allafrica.com/stories/201401020053.html school. The remaining national schools slots will

In The Spotlight

idea: the power of innovative thinking and technology to solve our greatest challenges. It ignites conversations between a live audience in Girls Dominate in Kenya National New York City and thousands around the world participating via Livestream. Exams The most innovative technologists, influential Education Cabinet Secretary has lauded the performance by girls in the 2013 Kenya Certificate of minds and passionate activists will come together Primary Education exams with more female candidates this September with one shared goal: to unlock the potential of new media and technology to make in the top ten positions http://allafrica.com/view/group/main/main/ the world a better place. from page 58

id/00028188.html?aa_source=ri-headline

Social Good Summit by Mashable 2014 Mashable, 92Y and the UN Foundation present the second annual Social Good Summit. Held at the heart of UN week, the Summit is where big ideas meet new media to create innovative solutions. The Social Good Summit unites a dynamic community of global leaders to discuss a big

http://mashable.com/sgs/

List Your Business or Project on Afribiz for FREE!

Returning to Africa? African Repatriation is an invaluable online resource for any African national who is thinking about returning to Africa. Our industry articles and specialist editorials provide the latest sector information. Why not find out for yourself and become a part of our growing community today?

www.africanrepatriation.com

Career Opportunities in Africa Search and apply online for the latest vacancies in Africa with African Talent. We provide candidates and employers with the tools and resources needed in today’s competitive job market. For employers, we offer numerous options to feature your jobs in Africa and for candidates, reviewing the most recent job vacancies in Africa is a fast, easy process. Uploading your CV is simple and takes just a few moments.

Afribiz.info (www.afribiz.info) serves as the online portal for Afribiz which focuses on catalyzing and growing trade, information, business, technology and innovation, and capital flows between Africa and other global markets, both developed and emerging. Afribiz.info oﬀers information, intelligence, research, media and broadcasting, services, and is the gateway to the Afribiz business ecosystem situated in Africa and around the globe. Afribiz is opening its business and project directory to those who would like a place to share information on a business or project. Right now, you can list a business or project for free for 2 years. (There is normally a $100 fee). Note: You must register on the Afribiz site, which is also free. Listing must include a website address for the specific business or project and a business email address not general email addresses like gmail.com or yahoo.com.

www.africantalent.com Internation

The Black Business News Group Black Business News International Africa-focused news and views

View all of the issues at: //issuu.com

Search: “black business news” Black Business News International Edition -60- Winter/Spring 2014

al Edition

Black Busin ess News

Serving the Global Afric an Economic Community

Fall 2008 USD$5.00

Contents Corporate

Giving: EOY opportunitie charitable s in ing, and more. health, education, housTour

ism: Investment in Africa’s tourism industry is active, vital all across the and is evide nt continent. Feature Artic les: “Strategies For Engagement Constructisve with the African Dias pora” “Diaspora Eng agement: Remittances & Beyond” Investment

of the Repub

ProƤle: Moyo

lic of Uganda

District

Professional Directory Charitable Inve stments

Rev. Leon R.

Perry, III in Gha

na see Corporate with recently orpaned Giving page twins 21

TRADE MISSION: DIVERSIFYING INVESTMENT IN ANGOLA May 29 - June 5, 2014

The U.S.-Angola Chamber of Commerce (USACC), in partnership with Angola’s National Agency for Private Investment (ANIP), is pleased to announce our upcoming trade mission to Angola, on May 29 - June 5, 2014. Angola’s rich history, position as the third largest sub-Saharan African economy, and rank as the United States’ second largest trading partner in Africa make it prime for U.S. trade and investment. Traditionally lauded for its natural oil and gas resources, alternative investment opportunities are rapidly emerging. The trade mission will offer the exceptional opportunity to travel on the new US Ex-Im Bank financed Boeing 777 maiden flight from Seattle to Luanda, courtesy of the Boeing Company and TAAG Angola airlines. The program will include the Angola-US Business Summit & Roundtable, Briefings, Matchmaking sessions, Meetings with Angolan government and industry officials. Registration will include the following: • • • • • • • • • • •

One Way airfare transportation from Seattle, WA to Luanda, ANGOLA Ground Transportation in Seattle (program related) Ground Transportation in Luanda (program related) 2 nights at the Hilton Seattle 5 nights hotel stay at the Epic SANA in Luanda Interpretation services Admission to all scheduled Trade Mission programs All Breakfast meals. Lunch and Dinner meals where indicated on mission program Assistance with visa to Angola Opportunity to promote your business in the Trade Mission Booklet

Registration Fees: • Members of USACC - $USD5,000 (Five Thousand US Dollars) • Non-Members of USACC - $USD6,000 (Six Thousand US Dollars) • US Government - $USD4,500 (Four Thousand Five Hundred US Dollars) To view the complete mission program go to:

Registration deadline is May 7, 2014. For More Information: Maria da Cruz Gabriel, Executive Director Phone: +1 202-857-0789, email: trademission@us-angola.org www.us-angola.org www.anip-angola-us.org

International Trade Calendar Solar Show Africa 2014 March 11-12, 2014 Sandton Convention Center Johannesburg, South Africa

Intercontinental Hotel Lagos, Victoria Island Nigeria

March 27 - 28 2014 Joaquim Chissano Conference Center Maputo, Mozambique

The Solar Show Africa is the continent’s largest solar exhibition.

It is part of Power & Electricity World Africa - attracting 4,500+ participants annually. It is the only African event that attracts regional and international developers, power producers and utilities, industry, government and large energy users - year after year. In scope, content and experience The Solar Show Africa will be the only event of its kind in Africa in 2014. For detailed information visit the website at: www.events-africa. com/solar-show-africa-2014%20 -events-africa.html. 

Nigeria Summit 2014 March 24, 2014

Conference and Exhibition (MMEC) 2014

“Turning Growth Into Prosperity” will bring together 350+ international business leaders, investors, government ministers and influential thinkers - aor a series of hard-hitting and frank discussions - our glagship Nigeria Summit focuses on the major factors that will influence Nigeria’s economic growth as it becomes Africa’s fastest growing powerhouse. For detailed information visit: www. economistinsights.com/ countries-trade-investment/event/ nigeria-summit-2014?region%5B1 %5D=1&region%5B5%5D=5. 

Mozambique Mining, Oil & Gas and Energy

The fourth edition of the Mozambique Mining, Oil & Gas and Energy Conference and Exhibition (MMEC) will take place on the 2728 March 2014 in Maputo, Republic of Mozambique at the Joaquim Chissano Conference Center. Organized by ENH, Mozambique’s National Oil Company, and AGMM, Mozambique’s Mining Geological Association, in association with AME Trade Ltd, the MMEC is the premier established event focusing on the Mozambique Mining, Energy, Oil & Gas sectors and their sustainable development. The main theme of the 4th MMEC is “Ensuring long lasting benefits to the nation through sustainable management of Mozambique´s resources.” 

Batimaide 2014 Building and Construction Conference and Exhibition April 10 - 17, 2014 Doula, Cameroon

Black Business News International Edition -62- Winter/Spring 2014

International Trade Calendar

3rd Annual Powering Africa Mozambique Meeting 8-9 May 2014 Girassol Indy Congress Hotel & Spa Maputo, Mozambique Since the first edition in 2008, BATIMAIDE has seen a continuous increase in the number of participants at each edition which confirmed the relevance of the concept and the need to sustain it. This exhibition and conference provide useful information to businesses and institutions involved in the construction and building sectors of Cameroon in particular and Africa in general. The technical and administrative requirements for the organisation of BATIMAIDE are strengthening progressively as the project grows and this partnership allows us to organise it very well for the benefit of our clients and partners. A survey of potential exhibitors confirmed that they would feel better in an exhibition sector which gives them more visibility and opportunities to inter act with others. The international expansion of BATIMAIDE is confirmed with the partnership set up with UBI France, who mobilised a group of French entrepreneurs for BATIMAIDE in 2012, the Chamber of Commerce of the Region Rhône-Alpes in France and Cubic Globe in London UK. 

Mozambique is one of the fastest growing and most exciting markets in the world with the potential to become one of the world’s leading exporters of energy. Now in its 3rd year, The Annual Powering Africa: Mozambique Meeting (www.energynet.co.uk/

event/powering-africa-mozambique2014?utm_source=EmailExternal&utm_ medium=AfConf&utm_term=AfConf&utm_ content=AfConf&utm_campaign=AfC) will

take place from 8-9 May in Maputo, bringing together key participants from the public and private sector in dynamic dialogue to shape the future of Mozambique’s power sector as well as helping you to understand where the best investment opportunities lie, and how to access them. Download the programme for

Powering Africa: Mozambique at: www.energynet.co.uk/content/downloadpowering-africa-mozambique-brochure2014?utm_source=EmailExternal&utm_ medium=AfConf&utm_term=AfConf&utm_ content=AfConf&utm_campaign=AfConf

Power projects worth an anticipated US$12 billion are understood to be in the pipeline as Mozambique’s industry expands and new coal and gas reserves are exploited to fuel new capacity. In 2012, Mozambique discovered estimated gas reserves of 160TCF, which mean the country now has the fourth largest gas reserves in the world, behind only Russia, Iran and Qatar. This is a crucial time for investors, project developers, power providers, financiers, legal firms, consultants and regulators to start setting their

foundation and preparing for an industry which is about to explode on the world power stage. This dialogue will bring together key market participants to give you a clearer picture of how your peers and competitors are planning their entrance and help you formulate a strong investment strategy for your organisation. For information send inquiries to: email amy.offord@energynet. co.uk. 

Black Business News International Edition -63- Winter/Spring 2014

see Trade Calendar on page 64

International Trade Calendar

Uganda Mining & Energy Conference and Exhibition May 22 - 23, 2014 Serena Hotel Kampala, Uganda UMEC 2014 (2nd edition Uganda Mining, Energy and Oil & Gas Conference and Exhibition) is a turnkey event focusing on the Republic of Uganda’s mining, energy and petroleum potential. UMEC will feature two days conference, with

in Uganda’s energy, minerals and oil and gas industries, including the public and private sector, as well as development partners and multilateral organisations. The 1st edition of the event, UMEC 2013, created a platform to deliberate extensively on issues concerning Uganda’s resources. It featured over 220 delegates, 32 exhibiting companies and over 40 presentations were delivered. The event was held under the High Patronage of Her Excellency Irene Muloni, Minister of Energy and Mineral Development, Republic of Uganda. 

Africa Print 2014

July 2-4, 2014 Gallagher Convention Centre Johannesburg South Africa

presentation sessions and round table discussions, as well as a trade exhibition. The event is organised by the Ministry of Energy & Mineral Development, Republic of Uganda, in association with AME Trade Ltd. UMEC 2014 will be attended by the full spectrum of partners involved

The dedicated commercial and digital print exhibition, Africa Print will take place from 2-4 July, 2014 at the Gallagher Convention Centre in Johannesburg. This significant event will also showcase the entire digital print process, featuring from sheetfed A3 machines up to Grand format digital equipment and will include both suppliers

and manufacturers of commercial litho and digital printers, finishing equipment, software, media and consumables. With the rapid development in printing technology, digital printing can now offer flexibility and convenience with the same level of quality as traditional offset machines. This has resulted in an irreversible industry trend, where digital is not necessarily replacing traditional printing processes but rather being integrated into commercial print houses as a complementary element of the business system. Africa Print will provide an opportunity for printers looking to expand their business with the potential of digital production. The expo will focus on the innovative and cost-effective capabilities of shortrun, variable data and personalised print as well as providing visitors with the latest developments and trends in the global industry. An extensive national and international marketing campaign will ensure that visitors to the show will include print industry representatives as well as end users and influential decision makers. Africa Print will aim to educate and inspire all visitors on the powerful capabilities and commercial benefits of digital print, in its entirety. The Africa Print expo is sponsored

Black Business News International Edition -64- Winter/Spring 2014

International Trade Calendar

by Xerox. Visit the website for information or to register. www. africaprintexpo.com. 

Africa Trade Link & Expo 2014 July 23-27, 2014 Nairobi, Kenya This inaugural trade program will take place from 23-27 July, 2014 in Nairobi, Kenya. Over one hundred motivated exhibitors and 1,000 attendess are expected. In addition to the exposition area business development and industry specific breakout sessions will be held throughout the expo. Some of these sessions will be directed specifically

at women and youth entrepreneurs and business owners. Our International Trade program is conducted in an effort: • to educate, promote and streamline the process for American business owners to conduct business on the continent of Africa; • to increase the social and economic climate in the region; help exhibitors and attendees reach their targeted markets and increase their company’s Corporate Social Responsibility on an international level.

African Trade Link and Expo 2025 Chicago Avenue Suite A6 Riverside, CA 92507 USA Phone: 1-909-648-3537 Website: www.africantradelinkmission.org E-Mail: info@africatradelinandexpo.org. 

Acquire detailed information on the expo by contacting:

www.imex-frankfurt.com

Black Business News International Edition -65- Winter/Spring 2014

gency phase behind us and turning completely towards sustainable human development while never, of course, overlooking those in urgent need of aid. Maison Shalom is unique because of the holistic approach of all its activities. It monitors the children it helps even after their reintegration into the community, to ensure that everything’s going well. Its activities include all areas of integrated and sustainable development : health, education, culture, justice and income-generation. The focus is on agricultural and pastoral activities, the livelihood of over 90% of the population.

Restoring Children’s Dignity Since its inception by Marguerite Barankitse in 1993, Maison Shalom (House of Peace) has done all in its power to restore dignity to war or AIDS orphans, street children, young children and babies in prison (infants with their mothers), and the children of poverty-stricken parents. Since first taking charge of 25 war orphans in 1993, Maison Shalom has come to the aid of more than 20,000 orphans and other needy children. As peace returns to Burundi, Maison Shalom has gradually changed its ap-

Marguerite Barankitse proach. We no longer wait for children in need to come to us: we go to them.

A Community Approach Our almost 18 years of experience working with vulnerable children have taught us that the best way to help them efficiently and sustainably is to develop the community in which they live. In addition to children, other categories of people – mothers with nursing difficulties caused by malnutrition and poor sick people – turn to Maison Shalom for assistance. The root of the problem is obviously the extreme poverty of the families. We have therefore adopted a community approach. We go to the families and help them develop to the point of selfsufficiency.

Towards Sustainable Human Development We have moved on, leaving the emer-

Involving the Socioeconomic, Political and Religious Players Maison Shalom works in all Burundi’s provinces and in its neighbouring countries (Rwanda and the Democratic Republic of the Congo). In addition to our day-to-day work, it is our duty to call on all those involved in socio-economic, political and religious life to make an effort to restore dignity to our brothers and sisters in Burundi and to put a smile back on their faces: we want to set a living example of integrated development.

We’re Convinced With our unshakeable belief in the success of our mission, our determination and the friendship of our partners and friends who hold us dear and support us, we are convinced that our dream to see every Burundian lead a decent life will come true.

Make A Donation www.maisonshalom.org/en/19/donation 

Black Business News International Edition -66- Winter/Spring 2014

Books for Africa Donate a Desk to Students in Malawi

ooks For Africa (www.booksforafrica.org) has a simple mis-

sion. We collect, s o r t , s h i p , and distribute books to children in Africa. Our goal: to end the book famine in Africa. Since 1988, BFA has shipped over 24 million high-quality text and library books to children and adults in 45 African countries. Millions more are needed. It costs $9,800 to send a sea container to most major sea ports of books and computers to Africa. Your donation will enable Books For Africa to send even more books to children in Africa who are hungry to read, hungry to learn. 

very day, millions of children throughout Africa struggle to learn while sitting on the floor or on the ground outdoors. Giving them a desk, where they can write and concentrate, is a great step towards creating an educational system that attracts, and keeps, eager young students. Support the U.S. Fund for UNICEF (www.unicefusa.org) and MSNBC’s “The Last Word with Lawrence O’Donnell” in an ambitious campaign called K.I.N.D.: Kids in Need of Desks to provide 46,000 desks for 172 schools in UNICEF Malawi’s Schools for Africa network. By making a tax-deductible dona-

tion to the U.S. Fund for UNICEF, you can pick one or more students up off the ground and help pave their way to a better education and brighter future. A gift of: • $24 can pick one student off the floor; • $48 will buy a desk and bench for two students; • $720 will furnish an entire class of 30. The program is a component of the UNICEF Schools for Africa campaign which aims to accelerate access to quality basic education for children, with a special focus on girls, orphans and vulnerable children. 

ASSIST THE PEOPLE OF SOUTH SUDAN Sudan Sunrise Help Build Schools in the South Sundan www.sudansunrise.org

outh Sudan is the most underdeveloped region of the world today. 85% of the population in South Sudan is illiterate. Only about 7% of teachers in the south have any professional training, and it is not uncommon to visit a school where the teachers themselves have not been educated beyond fourth grade. Some 1.5 million children who should be in school are not, due to lack of schools. The majority of schools that do exist consist of a chalkboard under a tree. Read about the camapign and contribute to the program to build over 41 schools at www.sudansunrise.org.

Southern Sudan Literacy Project (SSLP) Build a Primary School • www.thehopealliance.org/?q=node/77

he Southern Sudan Literacy Project (SSLP) is designed to build a Primary school in Dongchak Payam, Duk County, Southern Sudan. Solomon Awan, who was one of the “Lost Boys from Sudan,” now lives in Salt Lake City, Utah. He desires to help the village he is from, Duk Padiet. Villagers are just now returning after so many years of war and genocide. During the Spring of 2008, Solomon traveled back to his home village where he was reunited with his mother and sister. He met with the village community and agreed that the education of their children is the most critical need. We hope to finish building the school before the 2011 rainy season. To further this goal, SSLP has partnered with Hope Alliance, allowing our donors the benefit of a tax deduction. Please help SSLP accomplish this worthwhile project: send donations to The Hope Alliance (www.thehopealliance.org) For further information please contact: solomonawan@ yahoo.com.  Black Business News International Edition -67- Winter/Spring 2014

and better world. 

Books to Consider...

www.amazon.com/ Interventions-ALife-War-Peace/ dp/1594204209

We the Peoples:

Interventions: A Life in War and Peace by Kofi Annan

A UN for the Twenty-First Century by Kofi Annan

his is the story of Annan’s remarkable time at the center of the world stage. After forty years of service at the United Nations, Annan shares here his unique experiences during the terrorist attacks of September 11; the American invasions of Iraq and Afghanistan; the war between Israel, Hizbollah, and Lebanon; the brutal conflicts of Somalia, Rwanda, and Bosnia; and the geopolitical transformations following the end of the Cold War. With eloquence and unprecedented candor, Interventions finally reveals Annan’s unique role and unparalleled perspective on decades of global politics. The first sub-Saharan African to hold the position of SecretaryGeneral, Annan has led an extraordinary life in his own right. His idealism and personal politics were forged in the Ghanaian independence movement of his adolescence, when all of Africa seemed to be rising as one to demand self-determination. Schooled in Africa, Europe, and the United States, Annan ultimately joined the United Nations in Geneva at the lowest professional level in the still young organization. Annan rose rapidly through the ranks and was by the end of the Cold War prominently placed in the dramatically changing department of peacekeeping operations. His stories of Presidents Clinton and Bush, political leaders like Saddam Hussein and Robert Mugabe,

and public figures of all stripes contrast powerfully with Annan’s descriptions of the courage and decency of ordinary people everywhere struggling for a new

During his momentous time as Secretary-General of the UN, Kofi Annan played a decisive role in launching the Millennium Development Goals, establishing the International Criminal Court, and creating the Global Compact. In 2001, Kofi Annan and the UN jointly received the Nobel Peace Prize “for their work for a better organized and more peaceful world.” These and other crucial events are encapsulated in this book of Kofi Annan’s key speeches throughout his term of office. These highlights have been carefully selected, edited, and introduced to give a broad view of Annan’s most pressing concerns— and the eloquence with which he addressed them. Covering subjects from development, health, and climate change to the prevention of genocide and the ideal of diversity, these statements show how deeply involved the UN was in the most important issues of the era. This book will be available for purchase in 2014.  www.paradigmpublishers.com/Books/ BookDetail.aspx?productID=393390

Black Business News International Edition -68- Winter/Spring 2014

This is an official warning from the African Union, an intergovernmental and continental organization with its headquarters in Addis Ababa, Ethiopia.

t has come to our attention that an organization calling itself the AFRICAN UNION CHAMBER OF COMMERCE is using the name AFRICAN UNION (AU) AND THE AFRICAN UNION LOGO AND WEBSITE and claiming to be part of or an institution of the African Union. The said organization has been alleged to have solicited money from the wider public in order to render certain services or to provide access to identified goods or services. We would like to warn people worldwide that the AFRICAN UNION has no connection whatsoever with the so called African Union Chamber of Commerce. The said organization is not part of or an institution of the African Union and is not recognized by the African Union. The use of the name, logo and website of the African Union by the said organization is not authorized by the African Union and is therefore illegal. The African Union disassociates itself from any misrepresentations, statements or communication in whatever form and manner made by this organization purporting to be an agent of or part of the African Union. The African Union will not accept any liability in respect of any representation or misrepresentation, communication, transaction, losses or damages incurred by any member of the public arising from any act of commission or omission or utterance perpetrated by the so called African Union Chamber of Commerce. The AU as the copyright holder will take appropriate action against the said organization. 

“One Africa for Prosperity and Peace”

Strategic Objectives African Union Commission 1. Reduce conflicts to achieve continental security and stability; 2. Achieve the necessary continental security and stability as a prerequisite for Africa’s development and integration; 3. Promote sustainable economic development; 4. Promote sustainable social and human development; 5. Formulate frameworks for developing and sharing Africa’s Statistics, and Research & Development capacities; 6. Enhance continental integration; 7. Build and foster continental and global cooperation; 8. Promote good governance, democracy and human rights; 9. Strengthen the Africa-wide humanitarian response and action; 10. Promote Inter-African solidarity; 11. Promote African Cultural Renaissance and the protection of Africa’s cultural heritage; 12. Promote the active participation and contribution of all segments of the African society in Africa’s development and integration; 13. Promote the ratification and entry into force of all outstanding legal instruments adopted by the Assembly of the Union; 14. Promote gender equality; 15. Strengthen the capacity and enhance the operational efficiency and effectiveness of the African Union Commission; 16. Promote synergies, linkages and good working relations with all Africa Union Organs; 17. Promote effective cooperation and collaboration with Member States and the Regional Economic Communities; 18. Promote strategic partnerships for leveraging sustainable sources of funding and comparative advantages.

www.african-union.org

Black Business News International Edition -69- Winter/Spring 2014

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www.kasamore.com 1-866-507-7144 http://angola.org/newsletter/Imbondeiro.pdf Black Business News International Edition -70- Winter/Spring 2014

The

Congolese Community of Southern California

invites all of us to take part in the campaign to End the Violence, End the Genocide, End the Rape, End the Exploitation taking place in the Democratice Republic of the Congo Now!. Watch the video record of the recent public protest held in Los Angeles, California. Then become a supportor and an activist for freedom - contact is

Watch & Support the Africa Channel! Time Warner Donâ&#x20AC;&#x2122;t have the Africa Channel in your area? Call Time Warner at: 1-888-8922253 and ask that the Africa Channel be broadcast to your area. For information on the Africa Channel visit www.theafricachannel.com or send an e-mail inquiry to info@theafricachannel.com.

congolesecommunity@ gmail.com www.cneworld.tv/live Black Business News International Edition -71- Winter/Spring 2014

Making it easy to Buy Black. Supporting Black job creation. Decreasing the wealth gap. Yeah, we do all that! www.ujamaadeals.com The Ujamaa Difference for Black-owned Businesses

Buy Black! Daily discounts from Black-owned companies Support cooperative economics and job creation Itâ&#x20AC;&#x2122;s simple. Black unemployment is at least 2x the national level (the official estimate is about 16.7%, but the real rate is closer to 30%). Black-owned businesses are 85% more likely to hire Black employees than non-Black-owned businesses. So the most efficient use of our consumer dollars to increase Black employment and decrease the wealth gap is to support Black-owned businesses. Ujamaa (Cooperative Economics): To build and maintain our own stores, shops and other businesses and to profit from them together.

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Ethiopian Airlines Now in the Star Alliance

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Black Business News International Edition -72- Winter/Spring 2014

Online Videos Offer Businesses the Basics of Exporting

h e Africa F i l m Academy in its quest to enhance capacity in different aspects of film making and promote the growth of the motion picture industry is set to train over 1000 youths across Africa via Film-In-A-Box, a practical, hands on training school established to equip aspiring and emerging film makers with requisite skills needed to succeed in the film industry. The Africa Film Academy will be running the all round film training course across Africa this summer. The courses are held in Banjul Gambia, Johannesburg South Africa and Lagos Nigeria. Our Module takes the shape of Team Building and Team Work over a period of 21 days of intensive training. The Curriculum covers the core modules of: Screenwriting, Directing, Cinematography, Editing,

A new series of 12 online videos offer exporters another tool in learning about the technical aspects of exporting and dealing with the intricacies of trade rules and paperwork. In these videos, viewers see Trade Information Center (TIC) trade specialists, explaining how to fill out a NAFTA Certificate of Origin. The presenters in the videos all do customer-facing work for their Department of Commerce agencies and, thus, are intimately familiar with the subject matter of each video. The 12 export training videos are available on the Web at www.census.gov/foreign-trade/aes/ exporttraining/videos. Each video runs about three or four minutes and can be viewed online or downloaded for off-line viewing. For additional sources of export counseling, contact the Trade Information Center at 1-800-USA-TRAD(E) (1-800-872-8723); www. export.gov. Acting, Sound, and Production Management. Students go from basics to some form of knowledge base on the area of the course they decide to follow at the end of the three week training courses. The students are divided into two team that build on a production which is basically a film not exceeding 90 minutes in parallel and intersecting with the courses. During the second part of the program the main focus is producing a feature film. Students pre-produce, shoot, edit, and work on the marketing and distribution of a real film intended for theatrical release. The programme provides master classes and professional supervision to ensure the artistic and professional quality of the film. Classes are aimed at addressing the specific needs of the film. Students complete programme in 21 days, knowing all the aspects of film industry, from preproduction to distribution, and, most importantly, each team leaves with a film that exhibits the talents and professions learnt during FILM IN A BOX. ď&#x201A;˛ www.ama-awards.com/film-box

Black Business News International Edition -73- Winter/Spring 2014

You can make deposits directly into your Imbongi Capital Account either via Electronic Funds Transfer or via a Cash Deposit into our third party payment processing account or at any vendor displaying the Imbongi Capital logo. Unfortunately no cheque deposits will be accepted. Debit orders can be established against this account provided that the service provider who raises the Debit Order does so via Capital Computer Bureau (Pty) Ltd. Stop orders can be set-up and managed on this account using your mobile phone application. Third party payments (including to other banks) can be made using Electronic Funds Transfer (EFT) from your Mobile phone or the Internet bank facility provided by Imbongi Capital.

World Trade Centre 1st Floor Office Suites Crystal Towers Rialto Road Century City 7441 Imbongi Capital reception: +27 21 551 7170 Imbongi Capital fax: 086 562 86 36

Your Salary may be deposited directly via EFT into your Imbongi Capital account. Money can be withdrawn from ATMâ&#x20AC;&#x2122;s (using any bankâ&#x20AC;&#x2122;s ATM) with your Imbongi Capital card. Debit Card purchases can be made at all vendors displaying the Maestro MasterCard Logo (these are in store purchases at POS (Point of Sales terminals). Pay any vendor that display the Imbongi Capital logo, using your mobile application. A text chat facility, to communicate with friends, family and other users of Imbongi Capital. The ability to purchase Airtime, Electricity and several other value add services directly from your Imbongi Capital accoun

www.imbongi.co.za Information about Imbongi Capital : info@imbongi.co.za

Black Business News International Edition -74- Winter/Spring 2014

Pan-African CHILDREN’S FUND

Focused on ways the African Diaspora can participate and support the African Union’s Sixth Region initiative. For participation information contact: David J. Saunders, Program Director 202-371-0588; or intern_cfa@yahoo.com

people-to-people, church-to-church initiative to contribute to a better future for the children of Africa Please send your contribution to: Pan-African

Children’s Fund

P.O. Box 8386, Los Angeles, CA 90008 323-733-1048 pacf@westa.org

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An Export Ready Product. Available in Natural and Lime Call 323-964-1111 or send an e-mail inquiry to ask.energyplus.com Black Business News International Edition -75- Winter/Spring 2014

Resources Media Africa Interactive Multimedia Press/Content Agency in Africa www.africa-interactive.com African Leadership Magazine http://africanleadership.co.uk Africa World Press Books www.africaworldpressbooks.com African Vibes Magazine www.africanvibes.com The African World www.theafricanworld.tv Africast TV www.africast.tv AllAfrica http://allafrica.com Black Wall Street Times http://bwstimes.com Black Business News Group www.blackbusinessnews.net Black Press USA www.blackpressusa.com BridesNoir www.bridesnoir.com CuisineNoir www.cuisinenoirmag.com DiasporaVoice www.blogtalkradio.com/diasporavoice Rock Me Africa //rockmeafrica.com

www.causecast.com www.causecastfornonprofits.com Continental African Chamber of Commerce www.continentalacc.org Pan African Film Festival www.paff.org United African Organization http://uniteafricans.org Zambia-USA Chamber of Commerce www.zambiausachamber.org

Investment/Development Africa Reports www.africareports.com African Development Bank www.afdb.org African Export - Import Bank //afreximbank.com/afrexim/en The Exchange Magazine www.nse.co.ke Ventures www.ventures-africa.com

U.S. Government Commerce Department www.doc.gov International Trade Administration http://trade.gov Minority Business Development Agency www.mbda.gov Small Business Administration www.sba.gov State Department www.dos.gov White House www.whitehouse.gov

Organizations Africa Leadership Forum http://africaleadership.org The African Union www.au.int/en Black Business Association www.bbala.org CauseCast

Black Business News International Edition -77- Winter/Spring 2014