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Contents 10
JULY-AUGUST 2015
tOP STORY
A MAN KNOWN FOR HIS
BOW TIE AND MUSTACHE Dr. Akinwumi Adesina: The New President of AfDB
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SPOTLIGHT COUNTRY - ZIMBABWE
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ZIMBABWE: ON A QUEST TO DISCOVER ITSELF »» »» »» »»
Agriculture: The Time is Now Mining: Unearthing Opportunities Tourism: Wanna See Big Five? Sports: The Cricket Craze
33 Advisory Board
Dr. Joseph Agyepong
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Former Ambassador of Burkina Faso to India
Medical Advisor, Heal ‘&’ Bliss Pvt. Ltd., New Delhi
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To The Point
»» Djibouti: A Bold Ambition »» Ethiopia: Sharing the Recipe of Success »» Ghana: Ghana, What’s Wrong? »» Senegal: In Senegal Style »» Tunisia: The Liquid Gold
Dr. A.S. Yaruingam
H.E. Mr. Idriss Raoua OUEDRAOGO
Dr. Jagdish C. Sobti
feature
»» Home Sweet Home »» Dumsor Dumsor »» United We Stand, Divided We Fall »» The Big Banana
Executive Chairman, Jospong Group, Ghana
Mr. P.M. Heblikar
Former Special Secretary, Govt. of India
JULY-AUGUST 2015
Associate Professor, Department of African Studies, University of Delhi
Dr. Steve Omenga Mainda
Chairman, Insurance Regulatory Authority, Housing Finance Company of Kenya Limited
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REGULARS 40
Sectoral Analysis
THE LOGIC BEHIND LOGISTICS »» »» »» »»
Driving Demand The Developing Markets Putting Africa in Motion Making Trade More Flexible
PORTRAIT PAINTING
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6 8
LETTERS TO THE EDITOR
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Business bulletin
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WHAT’S ON
In Rendezvous With...
»» Mr. Greg Sarrail, Vice President of Solutions Business Development, Biometrics, HID Global
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Editor Kanchi Batra Regional Editor (Africa) R.C. Dhingra Associate Editor (French) Divya Malhotra Contributing Editor (Burkina Faso) Albert Etsri Apemewoe Contributing Editor (Ghana) Adams Mohammed Mahama Correspondents Ekta Handa(India), Francis L. Sackitey (Ghana), Robert Kibet (Kenya), Kizito Sikuka (Zimbabwe), Aimable Twahirwa (Rwanda), Francois Essomba (Cameroon), Temi Bamgbose(Nigeria) Art Director Krishna Mohan Graphic Designer Mohit Sharma Manager-Corporate Relations Surender Chauhan Business Development Manager (Kenya) Surender Singh Country Manager (Cameroon) Ripu Daman Malik Country Manager (Ghana) Vijay Kumar Marketing Executive Pankaj Batra Marketing Associates Barbara Eugenie (Seychelles), Tribhuwan Pratap Singh, C. Sriram (India) MIS Executive Dinesh Sharma Executive Assistant Saloni Tayal
AFROTALK
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»» Targetting African Leaders?
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»» A Kingdom in the Sky: Lesotho
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»» Determined to Bring the Tournament Back »» Gandhi-Mandela Cricket Series »» The Resignation of Sepp Blatter
»» No Billionaire tag for me, please!!
UN 4 AFRICA
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Mr. Mamane Sani Sanda
Mr. Mamadou Diouldé Sow
SPOTLIGHT COUNTRY ZIMBABWE
ZIMBABWE ON A QUEST TO DISCOVER ITSELF
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onsciously or not, we are all on a quest for answers, trying to learn from the lessons of past. We grapple with fear and guilt. We cannot turn the clock back nor can we undo the caused, but we have the power to set the future and to safeguard that what happened never happens again. Zimbabwe is one such country who is discovering itself, and is ready to expose to the world a new narrative of its strengths. Zimbabwe is a country with surprising fortune which is on the track of economic recovery. The country is opulent with raw materials, natural resources and investment opportunities.
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Zimbabwe’s economy is established on various sectors - there is a well-developed manufacturing sector (25% of its GDP) and there are relatively strong financial services and mining sector, but agriculture (13% of its GDP) forms the basis of the economy, even though drought causes great fluctuations in agriculture. One of the main divisions of industry is mining (coal, copper, nickel, cobalt, asbestos, tin, gold, silver, and iron ore). Wood, cement, chemicals, fertilizers, clothing, footwear, and beverages are other important products. Major agricultural products include maize, cotton, Follow us on
SPOTLIGHT COUNTRY ZIMBABWE sports
THE CRICKET CRAZE
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raze, courage, fear, fantasy, win... and the list goes on and on, of words that have initiate admission in the cricket dictionary. Cricket is actually a bat-and-ball game played between two teams of 11 players on a field at the centre of which is a rectangular 22-yard long pitch. Each team takes it in turn to bat, trying to score runs, while the other team fields. Each turn is known as an innings. Cricket was introduced to Rhodesia in the 19th century and the Rhodesian Cricket Union was shaped in 1898. Rhodesia took part in the Currie Cup, the South African interprovince competition in 1904/05 and then again from 1929/30 until 1979/80. In May 1980, the new post-colonial country of Zimbabwe severed its cricketing ties with South Africa and it became an Associate Member of the then "International Cricket Conference". The Zimbabwean cricket team is the team that represents Zimbabwe in international cricket. It is managed by Zimbabwe Cricket (formerly known as the Zimbabwe Cricket Union or ZCU). Zimbabwe is a full member of the International Cricket Council (ICC) with Test and One Day International status. The country became a full member of the ICC on 6 July 1992
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and played its first Test match on 18–22 October the same year, against India at the Harare Sports Club in Harare. The match was drawn. In one-day internationals Zimbabwe took a long time to find their confidence and master the skills of winning, though occasional triumphs revealed what could be achieved. This was most prominent against England, the one country which had failed to support Zimbabwe's bid for Test status. When that country somewhat belatedly toured Zimbabwe for the first time, the home side astounded (or 'murdered', to use a word made popular by the visiting coach David Lloyd) the Englishmen 3-0 in the one-day series. In six one-day internationals played between the two countries to date, Zimbabwe have won five and lost only one. Recently Zimbabwe Cricket (ZC) has confirmed that the Indian team will tour the country to play three ODIs and two T20s in July. The Indian team will arrive in the Zimbabwean capital Harare on July 7. India last toured Zimbabwe in July 2013 and comfortably won the five-match ODI series 5-0. Their arrival in July is expected
to set into motion a hectic winter schedule for the national cricket side with approaching visits by New Zealand, Pakistan and West Indies expected to follow until September. Campbell said New Zealand would arrive a week after India's departure for three ODIs and a lone T20 before the reciprocal tour by Pakistan after Zimbabwe's historic visit to the subcontinent nation recently. Despite the 2-0 One-Day International (ODI) series loss to Pakistan in Lahore, there were some noteworthy performances from Zimbabwe’s players that led to a rise in the Reliance International Cricket Council ODI Team Rankings. Elton Chigumbura has risen one place to 59th in the batsmen’s rankings, after scoring 117 runs which was his maiden ODI hundred, while Sikandar Raza Butt has moved up 15 places to a career-high 77th after scoring 136 runs in the series, which encompassed his second career century (100 not out) in the second match of the series, at the Gaddafi Stadium. There were also some notable performances in the Reliance ICC Player Rankings for ODI Bowlers with a career-high gain for Zimbabwe’s Sean Williams, who is now in 78th position, up seven Follow us on
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FEATURE
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UNITED WE STAND, DIVIDED WE FALL Repositioning Africa as an Economic Giant 30
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JULY-AUGUST 2015
very one of us must have heard the well-known proverb "Unity is strength". If you take a stick, it could break easily. But when you take a bundle of sticks, it will be harder to break. This is the unique power of unity. It is also said, united we stand, divided we fall. Now the point of concern revolves around African countries, as the time has come for Africa to show its strength to the entire world. The establishment of a single free trade area, spanning across 26 nations known as the Tripartite Free Trade Area has been finally signed. It is important to note that the creation of this trade block is a positive step towards improved investment flow and the facilitation and flow of goods in the region. It has without doubt, become a means for enhancing economic inter-linkages and enabling business environment to unlock regional potentials, scale up productive capacities and competitiveness, stimulating beneficiations and value chains, enhancing technological setups. The TFTA would definitely address the issue of overlapping membership that has resulted in a number of challenges for the region’s business and trading community. Businesses will face less bureaucracy, red tape and administration costs, when trading within the area would see improved operational efficiencies of border crossings and seaports hence growth in economy and expanded inter-regional trade. Interestingly, the main objective of the establishment of the Free Trade Area is seemingly to strengthen and deepen economic integration of the southern and eastern Africa region. It will allow the enhancement of trade facilitation and improve the flow of goods in the region by reducing bureaucratic complexity, lowering transit times and the cost of trading. Africa is home to one of the Follow us on
SECTORAL ANALYSIS
THE LOGIC BEHIND
LOGISTICS Underlining the Need of Effective Transportation
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As Africa has risen to prominence as an investment destination over the past few years, the role of transportation and logistics has taken on greater importance. Whether moving resources off the continent or bringing goods and services into its burgeoning economies, Africa’s future growth and development will depend on the quality of its infrastructure and the competence of its transport networks.
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BON
VOYAGE A KINGDOM
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LESOTHO
esotho, a place of heavenly exquisiteness, shrill territory, fascinating local culture & traditions and is certainly a place for daring explorers. As its land lies at heights of more than 1500m above sea-level, the country is a land of elevations and limits. It has splendid mountain panoramas and adventure activities like skiing, pony tracking, hiking and abseiling for the fearless tourist. Lesotho is for those who are thirsty for a comforting and energizing break comprising of bird watching, boating, fishing amongst others.
IN THE SKY
Lesotho, surrounded by the Republic of South Africa gives it a distinctive character, is a self-ruled, independent and liberated country. The Kingdom of Lesotho is among the provinces in Africa. The land area of the country is approximately 30, 555 km2. Frequently mentioned as the "Switzerland of Africa", it is blessed with a striking, often a snow-capped range of mountains, the Maluti. The country has recently declared that it is to go into
Tourist Attractions Sehlabathebe National Park
It is the national park which is epitome for hiking, bird-watching and also comprehends uncommon rock formations and mountainous flora. The park is in south eastern park of Lesotho which can be worth viewing by vehicles. It is the first designated National Park in Lesotho. The park has a unique constructions in the area, enormous rock extensions, small lakes, rock sculpture, rock curvatures and unique ecosystem of plants, birds and animals. Dams and rivers are a fisherman’s paradise which clearly elucidates the park’s presence.
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