7th Anniversary of THE TIMES OF AFRICA

Grab the Prodigious Packages on the 7th Anniversary of THE TIMES OF AFRICA!!

The Building Boom

Infrastructure is more vital and potentially transformational in sub-Saharan Africa.

Nature at its Best

Welcome to South Africa, a country so rich in beauty that we want to share them all with you.

Face of African Fashion

It's an exhilarating time for investors to invest in the African fashion Industry.

Unearthing Opportunities

Digging deep the mines for favourable results.

Cultivating Future

The road to diminish poverty and undernourishment in Africa.

Tuesday, 14 November 2017

Future of Africa with Agriculture, Education and Healthcare

The Indo-African Chamber of Commerce & Industry is a non-profit institute & industry managed organization. Indo-African Chamber of Commerce and Industries since its inception in 1985 has manifested its success in leaps and bounds. It is a major link for the promotion of trade and commerce between the 2 continents. A gateway to the African countries the chamber provided an active forum to Indian business community. It has continually played crucial role to ascertain newer business sectors and opportunities to augment trade and investment. A galaxy of Indian business entity associates them with the chamber. In its effort to promote, widen and develop the trade and business relations between India and Africa the chamber has reached every extent of activity. It has also aggressively worked towards strengthening the socio-economic relations and fraternity bond between India and Africa.

To promote, develop and extend commerce, trade and industry between India & African countries.

Assist in setting up joint ventures in india and the African countries in collaboration with

individuals, firms, copanies and corporations of Indian and African Nationality or Origin.

Project the commercial interests of all persons and companies engaged
in reciprocal commercial between India and the African countries.

To make representations to the government and industry between India and The African countries.

Accelerate trade and commerce between India and Africa
Portray Image India

Spring board for emerging business activities


Help and information desk for business community in both the countries

Promotion of skill India, Digital India & Make in India

The Chamber is a pivotal player in exploring the possibilities of business opportunities
between India & Africa since last 3 decades.

ABOUT THE EVENT, 'I For Afrika'
The vision of the Chamber is.......
"Make Africa Your Partner...."

"I for Afrika" is an another such initiative by Indo-African Chamber of Commerce and Industry Strengthening business partnership with focus on sectors and of high priority; enhancing capacity building initiatives and resources mobilization programs; thereby acting as a facilitator for  exchange of business, cultural and tourism between India and Africa since last 9 years in a row. This year's theme is 'Future of Africa with World class Agriculture, Healthcare & Education system'

It gives a NETWORKING PLATFORM.....To achieve your goals, forge new Partnerships, expand your business, and ultimately make it a success.....
An Event which will bring together business representatives and Govt. Officials entrepreneur and Investors, design makers & managers both from India & Africa. An opportunity to meet and interact with  African Business Delegates.

THE MAIN OBJECT OF THE EVENT IS.....

To Target new business opportunities
A networking platform for B2B Meetings
To showcase the Indian Capabilities & Skill Development
To establish business links with more than 40 African countries.
To plan strategy which in turn assist Indian Businessman to increase India's share in Africa.
To increase india's share in aAfrica as compared to other countries.

Monday, 23 October 2017

Adesina to set up fund for young farmers, agripreneurs with US $250,000 World Food Prize money

US Vice-President praises Laureate, pledges more collaboration on food security
DES MOINES, United States of America, October 20, 2017/ — “I am proud as the Governor of Iowa State to proclaim Dr. Akinwumi Adesina as the 2017 World Food Prize Laureate.”
With these words, the Governor of the State of Iowa, Kim Reynolds, officially named President of the African Development Bank (AfDB) (www.AfDB.org), Akinwumi Adesina, as the 2017 World Food Prize Laureate, on behalf of the World Food Prize Foundation, setting off an atmosphere of festive celebration at the Iowa State Capitol Building in Des Moines.
Accompanied by Olusegun Obasanjo, former President of Nigeria, and John Mahama, former President of Ghana, Adesina took elegant steps to the podium to receive the award – the world’s highest recognition for food and agriculture, with his wife Grace and his two children, Rotimi and Segun, and a large and distinguished crowd cheering him on. Representatives of the Nigerian Government, Purdue University, his alma mater, friends, associates and Bank staff were among the well-wishers who came in out in large numbers to celebrate the African agriculture icon, known as “Africa’s Norman Borlaug (http://APO.af/fTuEw7).”
In line with his avowed commitment to a new deal for youth empowerment, Adesina pledged devote the US $250,000 prize money to a fund in support of young African farmers and agriculture entrepreneurs, or “agripreneurs.”
“And so, even though I don’t have the cash in my hand, I hereby commit my $250,000 as a cash prize for the World Food Prize award to set up a fund fully dedicated to providing financing for the youth of Africa in agriculture to feed Africa,” Adesina said.
“We will arise and feed Africa. The day is coming very soon when all its children will be well-fed, when millions of small-holder farmers will be able to send their kids to school,” Adesina said.
“Then you will hear a new song across Africa: ‘Thank God our lives are better at last.’”
The President of the World Food Prize Foundation, Ambassador Kenneth Quinn, paid tribute to Adesina, “whose breakthrough achievements have impacted millions of farmers and those living in rural poverty in Nigeria and throughout Africa, and whose leadership holds great promise for uplifting millions and millions more across that continent.”
In a speech at the colourful ceremony, the Vice-President of the United States of America, Michael Pence, commended the Laureate in a speech read on his behalf by Mark Green, Administrator of the United States Agency for International Development (USAID).
“As our global food system is stretched, and the need to feed more people grows, agricultural transformation will require persistence from leaders like you in driving change and capitalizing on public- and private-sector expertise,” Pence said.
The Vice-President described Adesina’s devotion to the cause of fighting global hunger as admirable, and deeply needed, and on behalf of President Donald Trump, extended heartfelt congratulations.
“The United States is and remains committed to food security, and we will continue to work with leaders like you to find innovative ways to end global hunger,” he said.
The Purdue University Glee Club and multiple award-winning all-female Nigerian signing group Adunni and Nefertiti set the mood of the evening with musical performances, followed by the star act: Omawumi, a popular Nigerian vocalist, who had flown in from Lagos for the occasion. The infectious rhythms of Adunni and Nefertiti and popular songs of Omawumi soon moved Adesina and his wife to get up on the dance floor, where they were joined by Obasanjo.
The evening was capped by an elegant award ceremony dinner in the Capitol Rotunda.
Under President Adesina’s leadership, the AfDB is accelerating agricultural development through its Feed Africa Strategy (http://APO.af/Qs73cE) with planned investment of US $24 billion over the next 10 years. The World Food Prize also recognizes Adesina’s work over the past two decades with the Rockefeller Foundation, at the Alliance for a Green Revolution in Africa (AGRA), and as Nigeria’s Minister of Agriculture of Agriculture and Rural Development.
Source APO

Closing UN’s ‘Africa Week,’ Assembly President says continent’s vision getting close to reality


Source UN News Centre
Addressing the final event of this year’s Africa Week at the United Nations, General Assembly President Miroslav Lajčák on Friday highlighted the continent’s transformative changes driven by the African Union’s development agency.
“First, I want to acknowledge the importance of the New Partnership for Africa’s Development (NEPAD),” Mr. Lajčák told an Assembly plenary meeting, referring to the programme first established in 2001 and then integrated into the African Union’s structure to facilitate and coordinate the implementation of continental and regional priority projects.
“NEPAD was something of a trailblazer […] Since its adoption in 2001, NEPAD has led to transformative change,” Mr. Lajčák said, noting that it predates the UN’s 2030 Agenda for Sustainable Development and the African Union’s Agenda 2063 by more than a decade.
For example, he said, NEPAD’s Comprehensive Africa Agriculture Development Programme has improved agricultural productivity on the continent, changing the lives of many African farmers.
Additionally, NEPAD has led to big strides in the integration of African trade. The finalization of the tripartite free trade agreement this summer among the Common Market for Eastern and Southern Africa (COMESA), Southern African Development Community (SADC) and East African Community (EAC) was an important step.
“The continental free trade area is no longer a distant dream. It could very soon be a reality,” he said.
However, faster progress needs to be seen, not only in the two sectors of agriculture and trade, but also in infrastructure, industry, economic diversification and poverty eradication, said Mr. Lajčák.
He went on to stress that no development in Africa can take hold unless it is led from within, noting that there are many exciting developments at the national level, and African countries are also building their capacities for domestic resource mobilization, and tackling illicit financial flows.
Yet, in an increasingly globalized world, the efforts within Africa need to be supported by a revitalized partnership with development partners, including UN bodies and Member States, as well as by investment and financial and technical assistance.
Also the root causes of conflict and suffering must be addressed. “The signing of a trade agreement will mean little to a mother whose young child is very sick from malaria. Similarly, foreign direct investment is not on the mind of someone who is running from a shower of bullets,” he said.
“Africa has a very clear vision” – one which involves all layers of society benefiting from growth and development; one in which malaria or other diseases do not serve as death sentences for hundreds of thousands of people every year; one in which early warning signs of conflict lead more often to successful mediation than to violence; and one in which institutions are strong, women and youth both lead and participate, and good governance is the norm, he said.
“This vision is getting closer to reality,” he concluded.
The plenary featured a debate by UN Member States on NEPAD as well as the decade 2001-2010 to roll back malaria in developing countries, particularly in Africa.

Saturday, 21 October 2017

Orange launches its brand in Sierra Leone

The new brand builds on Orange strong presence in Sub Saharan Africa, with 50 million customers in 16 countries
Orange, one of the world’s leading telecommunications operators, announces today the official launch of its brand in Sierra Leone. As of today, Airtel Sierra Leone becomes Orange Sierra Leone. The acquisition of Airtel Sierra Leone was finalised in July 2016 by Orange, together with its Senegal-based partner Sonatel, allowing the Orange Group to reinforce its presence in West Africa.
Following the rebranding, Orange Sierra Leone will rank with one of the world’s most powerful brands1 and stands to benefit from being part of a large international group. As part of Orange, it will gain access to the Group’s expertise, technical know-how and an extensive product and service portfolio. With its considerable presence on the African continent, a strategic focus for the Group, Orange offers strong growth potential for its Sierra Leonean operation.
For Orange, every customer is unique. At the heart of Orange’s Essentials2020 strategic plan is the ambition of listening to every customer to better address their needs by giving an unmatched experience every day.
Extensive investments in network to drive unrivalled customer experience
With a population of seven million people, Sierra Leone has significant potential for growth in mobile services. Following the acquisition of the company, Orange has committed itself to improving the quality and availability of its services by venturing into untapped and underserved geographical areas, offering to the people of Sierra Leone the innovation that Orange is delivering elsewhere.
Orange Sierra Leone disclosed earlier this year a modernisation and expansion plan to enhance the reliability, coverage and quality of its network, and voice and data services. Since the acquisition, US $33 million has been invested for that purpose and as of mid-October, the majority of investments have already been realised with 30 new radio sites on air and over half of the entire mobile network upgraded.
Bruno Mettling, Deputy Chief Executive Officer of the Orange Group and Chairman & CEO of Orange MEA (Middle East and Africa), commented: “We are pleased to bring the Orange brand to Sierra Leone, bolstering our already strong presence in West Africa. The launch of the Orange brand confirms our confidence in the country’s on-going economic recovery and our commitment to bring all the benefits of new digital services to Sierra Leoneans in the framework of a fair, transparent and clear partnership that will enable it to be established over time.”
Sekou Drame, Chief Executive Officer, Orange Sierra Leone, added: “The launch of the Orange brand comes with a promise to meet the emerging needs of customers with innovative, affordable and relevant solutions that will empower consumers, giving them the freedom to do what they choose and provide them with the tools to meet life’s daily challenges. We remain committed to taking our network and services deeper into the country, right up to the doorsteps of each and every Sierra Leonean, with the aim of bridging the digital divide within the country. With the support of Orange and Sonatel we can truly deliver on this. I am confident that over the coming months Orange will win the hearts of customers in Sierra Leone and emerge as one of most admired brands in the country.”
Orange is present in 21 countries in Africa and the Middle East, where it has more than 127 million customers as of the end June 2017. With 5.2 billion euros in revenues in 2016 (12% of Orange’s total revenues), this region is a strategic priority for the Group. Orange Money, its flagship offer for money transfers and mobile financial services, is currently available in 17 countries and has more than 34 million customers. The Group’s strategy in Africa and the Middle East is to position itself as a leader of the digital transformation and to bring its international expertise to support the development of new digital services.
Orange is valued at US$21,526m, the 51st most valuable brand in the world and the 7th most valuable telecoms brand in the world. Source: Brand Finance’s 2017 ‘Telecom 500’ report.
Source APO

African MNCs join forces within the AfroChampions Club to foster Africa’s growth and development

The AfroChampions Initiative has just taken a new step with the official creation of the AfroChampions Club, a new platform to mobilise African multinationals to accelerate the economic integration of the continent. At the invitation of Mr. Aliko Dangote, Founder and CEO of the Dangote Group and President of the Club, key business leaders, representing a total of 13 African countries, met in Lagos to attend the inaugural meeting. High-level personalities, including His Excellency Mr. Yemi Osinbajo, Vice-President of the Federal Republic of Nigeria, His Excellency Mr. Thabo Mbeki, former President of the Republic of South Africa and President of the AfroChampions Initiative, and His Excellency Mr. Olusegun Obasanjo, former President of the Federal Republic of Nigeria and Patron of the initiative, also joined the event.
Participants at the inaugural meeting have launched two workstreams. The first one focused on gathering recommendations from various African multinationals on best approaches to achieve the Continental Free Trade Area (CFTA). These recommendations will be shared officially with the African Union, which was represented at the meeting by His Excellency Mr. Albert Muchanga, Commissioner for Trade and Industry.  Discussions focused on visa waivers and trade facilitation between African states. The second workstream focused on drafting an AfroChampions Charter aimed at defining how African multinationals can best contribute to the development of the continent. By working with the local ecosystems, supporting infrastructure projects, fostering industrialization or helping populations enter the digital era, African economic champions can indeed play a strategic role.
“We have chosen to work on issues of interest to all Africans. The African Free Trade Area will give us the ability to travel and work easily across the continent; it will also foster the creation of regional value chains, integrating SMEs and building capacities in our countries”, said Aliko Dangote. “As for the AfroChampions Charter, it is a commitment by African multinationals to invest more and better in Africa in those projects with strong economic and social impacts. Our primary responsibility is to give our youth jobs and a future. I was very pleased to hear the consensus on this issue and I expect the Charter to be signed by many of my fellow CEOs in the near future,” he added.
A member of the Executive Committee of the AfroChampions Initiative, Edem Adzogenu highlighted the quality of the discussions at this inaugural meeting. “We talked about the role that African multinationals can have as ambassadors of the continent and its talents, and ways to work better with the public sector. This new dynamic of dialogue is precisely what we want to put in place.” A progress report on the work of the AfroChampions Club is planned for the next African Union summit in January 2018.
The emergence and cross-border activities of homegrown African multinationals have contributed significantly to regional integration through intra-Africa investments and regional value-chains. The AfroChampions Initiative is designed to support and harness the emergence of these champion companies for Africa’s transformation. It also aims at facilitating strategic engagements on how these companies can grow from pan-African champions to African global giants.
Source APO