It is the result of a partnership between Dunster House and Oxfam and it will be launched at Aidex
Dunster House Ltd. has just created a new Hand Washing Kit, which is meant to fill this sanitation and hygiene gap during humanitarian crisis. The project, has been developed in partnership with Oxfam and is going to be launched on the 15th and 16th of November in Brussels, Aidex 2017.
Millions of pounds are invested in emergency sanitation each year, through the purchase of latrines, squatting plates and other first need products. However, until now there was no readily available, standardised, and effective kit for hand-washing.
The Hand Washing Kit has been designed to fill this hygiene gap and it is currently being tested in Tanzania with high acceptance within the local community.
Washing hands with soap can reduce the risk of diarrhoeal diseases by 42-47%. Diarrhoeal disease still causes 40% of deaths in the acute phase of the emergency, from which 80% are among children under two years. This means that interventions like this, designed to promote hand-washing, might save millions of lives.
This project is supported by the Humanitarian Innovation Fund (HIF), and is the result of the partnership between Oxfam GB and Dunster House Ltd, along with the design partners of the Royal College of Art, Church Communities UK, and a small group of Design Specialists.
The Hand Washing Station is designed to be easily transportable, robust and a quick to assemble structure, whilst also being attractive and easy to maintain.
The large water container is easy to refill, while its user-friendly, one-touch push-up tap keeps disease spreading contact points to a minimum and conserves water. It also features colourful components and mirrors, which serve as nudges to encourage a more frequent use in all the ages.
Dunster House Ltd.
Dunster House Ltd. has been established in the UK retail market since 1994, with sites in Bedford, Flixborough, Warminster, Faversham, Basingstoke and Liverpool and eleven sister factories in three countries across Europe (Estonia, Hungary and Poland).
It is the UK’s largest Garden Building Company, one of the largest UK Timber Climbing Frame Companies and produces many other successful and diverse product lines. Six years ago, Managing Director Chris Murphy decided to open a new Humanitarian department within Dunster House HQ, dedicated solely to find solutions to humanitarian crisis using their expertise, resources and knowledge of design and manufacturing. Currently, Dunster House has become one of the leading manufacturers of sanitation equipment for national and international charities and an official supplier of Unicef.
While it is acknowledged that Africa has enormous potential for commercial agricultural development as the continent with the greatest amount of available arable land in the world, the major limiting factor has been the generally low number of viable enterprise proposals over the past 15 years to attract and secure adequate investment levels from a range of sources (venture capital, private equity, sovereign wealth funds, and development finance institutions /commercial banks). It is now widely accepted that capital availability per se has not been, and is not, the overriding constraining factor to investment in either large scale, or intensive medium scale, commercial farming.
Investors and agricultural experts agree that, apart from land, labour and capital, one of the most critical missing components to build confidence in undertaking such investments has been in the area of farm management – the professional management and technical skills to oversee and manage large-scale farm enterprises and workforces competently and cost-effectively to achieve required outputs, margins and sustained returns on investments. Case studies of effective current commercial farming performance in African countries underscore the crucial importance of skillsets and proven competencies in farm management.
“There is a shortage of commercial managers to oversee operations. 70% of companies felt their investment was not supported by effective national policies for trade, agriculture and investment. Too often, policies have not been sufficiently anchored with the private sector”
Grow Africa Survey, Enabling Environment for Agriculture, 12 African Countries. 2016
In the SADC region, there are a number of countries with large areas of arable land that have yet to be brought into viable commercial production despite rapidly growing populations, stagnant outputs from smallholder subsistence farming, and perennial risks to assuring national food security. Private investors will only commit to commercial enterprises where there are effective national policies for trade, agriculture and a wider enabling environment for investment in business.
Countries confronting those challenges include Angola, Mozambique, Malawi, and Zambia. Over the past decade, Zambia has successfully encouraged ex-commercial farmers from Zimbabwe (150 plus) to come and farm there where they have contributed very significantly to increasing the production of the national staple – maize by 1.5 million tonnes per annum — as well as other crops such as soybean and wheat. Case studies on the performance of the productive and profitable commercial farms established have been demonstrated and documented.
2. An Integrated Investment Portfolio Combining Finance, Farm Plans and Management Capabilities
The International Agricultural Consultants (IAC) Group based in Harare, Zimbabwe are currently engaging with some SADC countries to introduce capabilities for modern commercial farming. It is envisioned that a portfolio of long-term investments will enable those countries to utilize land resources more productively; create employment in improved and new value chains; assure national food security through self-sufficiency and self-reliance in major staples; and realize export markets for some crops and livestock.
Once large scale farms have been identified and agreements reached with Governments (leasehold arrangements) for contracting proven commercial farmers, IAC will formulate a comprehensive portfolio of farm management and investment plans (5-10 years with detailed outlays, costs and income projections) for individual farms. A separate investment portfolio is envisioned for each country with all farm plans, budgets, cash flow projections and overall investment envelopes prepared by IAC.
Where IAC will add unique value for investors will be in the inclusion of proven commercial farm management expertise – profiles and statements of capability – for each individual or group farm investment included in the portfolio. IAC has a vetted register of over 30 proven commercial farmers (ex-Zimbabwe) who will be assigned to farms based on their specific enterprise proficiencies, experience, performance and accomplishments.
This approach builds on the individual experiences in Zambia over the past decade but crucially, in addition, the lessons arising from insufficient focus and provision for key farm management capabilities in many investment efforts and programmes to date. It seeks to overcome one of the key risks – lack of proven farm management and practice expertise — that investors have keenly felt but not always articulated as the reason for shying away from substantial commitments to funding commercial farming in Africa. It proposes a practical risk mitigation approach that lays a foundation for future investor confidence.
3. A partner to promote and secure support for this portfolio approach
IAC is seeking investment partners to collaborate, promote and secure commitments for this approach i.e. investment & asset management companies as advised by the African Private Equity and Venture Capital Association (APEVCA). Prospective partners would preferably have direct expertise and experience in agricultural investment and capital markets, initiatives/programmes in Africa, and be interested in partnering with IAC to secure investment in the portfolio.
For further information please contact:
International Agricultural Consultants (IAC) Group
30 Windmill Lane
E mail: firstname.lastname@example.org
Tel: +263 783910447
Skype: Michael Connolly
Rhoda Peace Tumusiime, credit, Busani Bafana
By Busani Bafana
MAPUTO, Mozambique – Africa should increase fertilizer use to boost food security by investing more in agriculture, a sector with greatest potential to drive economic growth and development, industry leaders have urged.
Despite its vast arable, water resources and manpower, the African continent is largely food and nutritional insecure and net food importer. It is also one of the regions of the world with low agriculture productivity.
Actors in the agriculture value chain say it is time Africa put its money where its mouth is and accelerate agriculture investment, including promoting access and use of fertilizers. Agriculture development can help unlock economic growth and boost agribusiness in Africa, a regional conference on the fertilizer trade heard.
Fertilizer application remains low in Africa leading to poor crop yields, credit, Busani Bafana.JPG
“Agriculture investment is a necessary tool for economic growth, job creation and sustainable livelihoods in Africa,” said Rhoda Peace Tumusiime, a food security advocate and former African Union Commissioner for Agriculture and Food Security in a keynote address at the East and Southern Africa Fertilizer and Agribusiness (ESAFA) Conference in the Mozambican capital, Maputo.
“Agribusiness provides great potential to add value to the agriculture sector by unlocking the vast business opportunities for the fertilizer trade from manufacturing, agro processing, packaging, warehousing, distribution and retail,” Tumusiime said.
The regional conference, organized by African Fertilizer Agribusiness Partnership (AFAP) and the Commodities Research Unit, a leading independent, global fertilizers analysis think tank, brought together more than 300 delegates. The delegates who included including industry executives, government and public sector representatives fertilizer suppliers, farmers organisations and logistics companies, shared insights, identified problems and presented joint solutions to boosting the fertilizer supply and agribusiness trade investments in Africa.
Africa has low fertilizer application rates compared to other regions because yield boosting resource is not accessible and affordable to smallholder farmers who constitute the bulk of food producers on the continent.
Agriculture contributes at least 30% of Africa GDP of $1.6 trillion and is a major employer and provider of a bulk of industrial raw materials. Over 65 percent of the rural population relies on this sector for livelihood. However, poor policies, low investment, unattractive investment conditions and ill equipped smallholder farmers, remain obstacles in growing agriculture.
“It is time Africa moves away from silver bullet approaches to increasing agriculture productivity to investing in more integrated approaches that include better knowledge sharing on improved seeds, blended fertilizers, environmental sustainable farming methods, mechanization, access to affordable finance, access to effective markets and value addition,” said Tumusiime adding that, “A collective of these approaches must improve our farm to fork processes and widen the agribusiness opportunities in innovation, processing, packaging, storage retail and transport.”
Agriculture entrepreneurs are driving Africa’s economic growth from food production, as business wakes up to opportunities of a rapidly growing food market in Africa that may be worth more than $1 trillion each year by 2030. Agripreneurs are substituting imports with high value food made in Africa, the 2017 Africa Agriculture Status Report (AASR) by the African Alliance for a Green Revolution in Africa (AGRA) found. According to the report, agriculture will be Africa’s quiet revolution, with a focus on SMEs and smallholder farmers creating the high productivity jobs and sustainable economic growth that failed to materialize from mineral deposits and increased urbanization.
AFAP Chairman and former AGRA President, Namanga Ngongi, said Africa was in the clasp of great opportunity to transform its agriculture productivity if it can aim to for a 50 percent increase in fertilizer use every five years.
“We need solutions to fix the fertilizer value chain and we need to reach cruising speed to transform African agriculture. It is possible with the right conditions,” Ngongi said.
A special African Union Summit of the Heads of State and Government held in Nigeria in June 2006 adopted the Abuja Declaration on Fertilizer for an African Green Revolution. The Declaration was a commitment by Heads of Government to increase Africa’s fertilizer use from the then-average 8kg per hectare to 50kg per hectare by 2015, a target that has not been met.
According to the International Fertilizer Industry Association, average fertilizer use in the region averages 12kg of fertilizer per hectare, compared to 150kg per hectare average in Asia.
Concerned about the low fertilizer use in Africa compared to other parts of the world, the African Development Bank (AfDB) established the African Fertilizer Financial Mechanism (AFFM) in 2007. The Fund launched with the assistance of the African Union and the United Nations Economic Commission for Africa is funding programmes to push Africa’s fertilizer usage to 50kg per hectare.
Despite a steady growth in global fertilizer trade, Africa is a small market accounting for about one percent of the 190 million tonnes world market for three key nitrogen, potash and phosphate fertilizers, according to insights from the) (CRU), a leading, independent, global metals, mining and fertilizers analysis consultancy.
China, Brazil, USA and India are the major fertilizer markets with 30 countries consuming around 95 percent of the global fertilizer production.
“Africa’s new economic powerhouse is taking root in Eastern Africa”
“The smart money is on East Africa,” says Lukas Duusema, CEO, Siemens Eastern Africa, in the run-up to the upcoming Future Energy East Africa conference and exhibition which is taking place in Nairobi, Kenya from 29-30 November. Siemens is a platinum sponsor for this long-running event.
“Africa’s new economic powerhouse is taking root in Eastern Africa, with Ethiopia and Kenya taking the lead, and Tanzania and Uganda reinforcing this emerging regional cluster of more than 300 million people,” says Mr Duursema.
He explains: “Ethiopia for example is fast becoming a regional powerhouse. There are huge opportunities in renewable energy, especially in wind, thermal and hydro and demand is increasing for efficient and sustainable infrastructure to support skills development and job creation. Siemens has been active in the region for decades, but it is not just about our past, it is about how we develop alongside society to grow a more inclusive economy. We are in Africa as an investor, employee and supplier of efficient technologies. Right now, for instance we are helping to increase the reliability of energy supply through an interconnector being built between Kenya and Ethiopia.”
The Siemens Country Manager for Kenya, Mr Johan Helberg adds that “the HVDC transmission link is one of the largest infrastructure measures in East Africa. The roughly 1,000 kilometers-long direct current transmission line, known as the Ethiopia-Kenya Power Systems Interconnection Project, will transmit environmentally friendly hydroelectricity from Ethiopia to Kenya.”
Earlier this year, during the World Economic Forum in May, Siemens signed a Memorandum of Understanding with Uganda to cooperate in the areas of power supply, industry, transportation and healthcare and to focus on infrastructure investments and partnerships between public and private sectors. Mr Duursema adds: “we are also in the process of setting up and expanding our East African footprint by making Ethiopia the HQ of our operations.”
Business should also serve society
“Siemens has been in Africa for 157 years and we want to support sustainable development with solutions and projects in Africa, for Africa,” says the Siemens CEO.
He continues: “a business always has an obligation to be profitable. However, it should also serve society, create value for society – not just in the short term but in a lasting way, for the benefit of future generations. At Siemens we call this approach ‘Business to Society’. We aim to contribute to local value creation and play a constructive role in shaping Africa‘s sustainable development through tangible and meaningful engagement.”
East Africa’s energy journey
Formerly known as the East African Power Industry Convention or EAPIC, which was a firm, favourite fixture on the region’s power calendar for the last 19 years, Future Energy East Africa, with the official support of the Kenyan Ministry of Energy and Petroleum, will once again host many of the region’s leading energy decision makers from 29 – 30 November 2017.
The event is recognised as being a distinctive gathering of stakeholders within the power value chain which includes governments, power generation companies, transmission and distribution companies, off takers, developers, investors, equipment manufacturers and providers, technology providers, EPCs, legal and consulting firms all with a shared goal of supporting the on-going implementation of finding lasting solutions to East Africa’s energy challenges.
Future Energy East Africa is organised by Spintelligent, a multi-award-winning Cape Town-based exhibition and conference producer across the continent in the infrastructure, real estate, energy, mining, agriculture and education sectors. Other well-known events by Spintelligent include African Utility Week, Future Energy Nigeria (formerly WAPIC), Future Energy Central Africa (formerly iPAD Cameroon), Future Energy Uganda, Agritech Expo Zambia, Kenya Mining Forum, Nigeria Mining Week and DRC Mining Week. Spintelligent is part of the UK-based Clarion Events Group.
Future Energy East Africa dates and location:
Strategic conference: 29-30 November 2017
Venue: Safari Park Hotel, Nairobi, Kenya
Senior Communications Manager: Annemarie Roodbol
Telephone: +27 21 700 3558
Photo Credit TEDxGhana
The Hague, 18 September 2017 – FMO, the Dutch Development Bank, together with Miami based Fintech and digital transformation strategists above & beyond (a&b), today launch “ FinForward”, a marketplace where Fintech companies, Financial Institutions (FIs) and Mobile Money Providers (MMPs) in Africa are matched. After matching, they enter a testing environment where the banks and Fintechs can test and integrate new financial technology solutions in a safe and secure manner.
The objective of the new platform is to accelerate the digitization of the financial industry in Africa by supporting innovation of the core business with digital solutions. The matching and integration tool will make global Fintech companies accessible and top-of-mind to African financial institutions in order to help them to reduce costs, innovate, add services, tap into new revenue streams and work towards open banking platforms. It will also enable them to service difficult to reach segments such as the bottom of the pyramid, women and small entrepreneurs.
FMO‘s Andrew Shaw, Senior Fintech Specialist, “We feel that the Fintech conversation is less about who is the disruptor and who is the incumbent, and more about the ecosystem and new partnerships and alliances. We want to stimulate collaboration where it makes commercial sense, and where we can improve financial inclusion.”
“FinForward is one of a kind initiative that facilitates collaboration between Financial Institutions, Mobile Money Providers and Fintech companies. We are building a thriving interconnected global ecosystem integrated through one single platform”, added Jorge Ruiz, Co-Founder & CEO, above & beyond tech. Fintech as a game changer for emerging markets – reaching the unbanked African financial institutions recognize Fintech as a game changer that allows them to increase efficiency and expand their client/product base. However, they admit that they have difficulties finding, choosing, testing and implementing Fintech companies and their solutions.
The high demand for financial services in emerging markets provides a large market opportunity for innovative Fintechs using new financial technology such as block chain, data analytics, artificial intelligence and new distribution systems such as online, mobile and agent networks. Fintechs for emerging markets are active in areas such as balance sheet lending, platform lending, payment solutions, software-as-a-service (SaaS), digital field applications, alternative credit scoring, predictive data analytics and transaction verification via block chain.
FinForward, a 9-month program The 9-month program aims to link Fintechs worldwide with financial institutions in Africa. How does it work? – Outreach – Banks, Mobile Money Providers and Fintechs are invited to join
– Fintech Opportunity Scan – Participating banks and mobile money providers define their problems and needs – Matching – Pairing of Fintechs based on problem definition – Acceleration & Integration – Testing of Fintech solutions in a sandbox and integrating the technology into the bank’s operations – Showcase – demonstrate success during showcase days About FMO FMO is the Dutch development bank. As a leading impact investor, FMO supports sustainable private sector growth in developing countries and emerging markets by investing in ambitious projects and entrepreneurs. FMO believes that a strong private sector leads to economic and social development, and has a more than 45-year proven track record of empowering people to employ their skills and improve their quality of life.
FMO focuses on three sectors that have high development impact: financial institutions, energy, and agribusiness, food & water. With a committed portfolio of EUR 9.0 billion spanning over 92 countries, FMO is one of the larger bilateral private sector developments banks globally.
For more information, please visit www.fmo.nl . Press contact FMO: Renée Schnitzler Senior Communications Advisor T: +31 70 314 9308 E: R.Schnitzler@fmo.nl
“Kenya’s mining star is shining bright”
“Kenya’s free market credentials give it a unique opportunity to crowd international and domestic investors in. I expect lift-off in the mining sector over the next 5-10 years.” This is according to the leading Kenyan investment and business guru Aly-Khan Satchu, CEO of Rich Management Ltd.
The organisers of the Kenya Mining Forum have just announced that Mr Satchu will be a keynote speaker at the annual gathering in Nairobi, which has been moved from November to take place from 4-5 December. Mr Satchu, who will address the opening session on “What do the financial markets tell us about the mining industry at present?”, began his career in banking in the City of London before returning to Kenya 11 years ago and founding his investment advisory firm.
“I had always studied and traded the commodities markets” says Mr Satchu, “however, the opportunity to take a close look at the mining industry came via Base Resources on whose Base Titanium Kenya Board I serve. It has been a unique opportunity to see a best of breed mining operation up close and personal. Base will parlay its Kwale success into a SSA wide operation in due course.”
“Investors are the missing ingredient”
With regards to the main challenges facing the Kenyan mining sector he says “the sine qua non of a successful mining sector is policy making stability and certainty. I believe we have that. These investments are typically big ticket and have a long life. We need to be cognizant of these realities. In the comparison (see Tanzania and SA), Kenya’s mining star is shining bright. The biggest challenge remains capital and building out a capital markets which can support the industry.”
According to Mr Satchu the Kenyan government “has a crucial and necessary role to play. There is a lot of propaganda around the industry and we need to be wary of the resource nationalism argument. The government needs to play its role so that whilst the government receives its fair share, local communities are also empowered. If that equation is interfered with licenses to operate will be more difficult.”
During the upcoming Kenya Mining Forum the Rich Management CEO will also chair the Investors Breakfast: “I am very excited to be chairing this discussion. Investors are the missing ingredient. I am keen to tease out how we crowd investors in and how we construct a best of breed capital markets which allows us to capture more value.”
The complete interview with Mr Satchu can be viewed here: http://www.kenyaminingforum.com/Aly-Khan-Satchu-Interview
Varied and practical programme
This year Kenya Mining Forum is once again hosted by the Kenya Ministry of Mining, in collaboration with the Chamber of Mines.
A varied conference programme focuses on industry issues and challenges ranging from finance, legislation, women in mining, the gemstone sector to CSR. The expo showcases leading technology and services for the sector while a practical workshop programme offers free training and up skilling for mining professionals.
Base Titanium is the returning diamond sponsor for Kenya Mining Forum, heading up a strong list of leading mining companies and industry suppliers at the event.
Acacia Mining is also a gold sponsor again this year along with Panafrican Group. More early confirmed sponsors are Kilimapesa Gold, ALN, Conco, Dassault Systemes, ESRI Eastern Africa, HH&M, Scania, Socabelec and Spruceland.
Mining and infrastructure events
The Kenya Mining Forum is organised by Spintelligent, a well-known trade conference and expo organiser on the African continent. The company has particular expertise and experience in mining and infrastructure development events; including the long running flagship shows such as DRC Mining Week in Lubumbashi, Nigeria Mining Week in Abuja, Future Energy East Africa (formerly EAPIC) in Nairobi, Future Energy Nigeria (formerly WAPIC) in Lagos and African Utility Week in Cape Town.
Kenya Mining Forum dates and location:
Conference and expo: 4-5 December 2017
Venue: Safari Park Hotel & Casino, Nairobi, Kenya
Senior communications manager: Annemarie Roodbol
Telephone: +27 21 700 3558
“I’m excited about Nigeria’s energy future, Nigeria IS the future” says a confident Ade Yesufu, who is heading up the Future Energy Nigeria initiative that is taking place in Lagos from 7-8 November.
As the Global Business Director for the upcoming Future Energy Nigeria, an event that has a solid reputation as a longstanding, high-level gathering place for the region’s power sector, Ade is currently in Nigeria to meet the country’s decision makers and pave the way for another ground-breaking power pow-wow in November.
“We have to restore investor confidence”
Ade Yesufu explains: “I don’t see the current recession as a reason to be negative or even cautious about Nigeria’s economic future. If anything, it has focused Government and industry alike to make sure we get the basics right to stimulate much-needed growth and we need a reliable and affordable power supply to do that. The Federal Government’s Nigerian Power Sector Recovery Programme is an important message to the rest of the world that Nigeria is planning significant improvements towards achieving structural economic change with a more diversified and inclusive economy. To me, this creates an important foundation to showcase the enormous business and investment opportunities that the sector provides and I cannot help but be very excited about that.”
He adds: “we all know that there is a lot of work to do, we have to restore investor confidence, but we are ready to get everyone together and to make sure we showcase the myriad of opportunities in the sector; from gas to renewables, from generation to distribution and from actual building projects to providing specialised services. The power sector knows what to do, needs to stand together and make it happen. Nigeria is ready!”
New brand – same, innovative event
Formerly known as the West African Power Industry Convention or WAPIC, which was a firm, favourite fixture on the region’s power calendar for the last 13 years, Future Energy Nigeria, with the support of the Federal Ministry of Power, Works and Housing, Transmission Company of Nigeria, Nigeria Electricity Regulatory Commission, Distribution Companies and prominent Generation companies, will once again host many of the country’s leading energy decision makers from 7-8 November 2017 at the Eko Hotel & Suite Convention Centre in Lagos, Nigeria.
The rebranded Future Energy Nigeria will focus on the bold turnaround plan of the Nigerian government, known as the Power Sector Recovery Program, which is aimed at restoring investor confidence in the sector following reported problems in the country’s electricity market. U$D7.6-billion has been earmarked for this recovery process that the government developed in partnership with the World Bank.
The event is recognised as being a distinctive gathering of stakeholders within the power value chain which includes governments, power generation companies, transmission and distribution companies, off takers, developers, investors, equipment manufacturers and providers, technology providers, EPCs, legal and consulting firms all with a shared goal of supporting the on-going implementation of finding lasting solutions to Nigeria’s energy challenges. Co-located to the event is the Oil & Gas Council’s Nigeria Assembly.
Some confirmed conference speaker highlights:
- Lazarus Angbazo, CEO, Energy Connections Business, GE: Sub-Saharan Africa, Nigeria
- Hon. (Princess) Gloria Akobundu, CEO and National Coordinator, NEPAD, Nigeria
- Onyeche Tifashe, CEO, Siemens, Nigeria
- Akinwole Omoboriowo, CEO, Genesis Energy, Nigeria
- Patrick O. Okigbo III, Principal Partner, Nextier, Nigeria
- Sunkanmi Olowo, Head SME Banking, Ecobank, Nigeria
- Bart Nnaji, CEO, Geometric Power, Nigeria
- Joy Ogaji, Executive Secretary, Association of Power Generation Companies, Nigeria
- Joel Abrams, Managing Director, Nigeria Solar Capital Partners, Nigeria
- Olumide Noah Obademi, CEO, Afam Power PLC, Nigeria
- Nicholas Okafor, Partner, Udo Udoma & Belo-Osagie, Nigeria
- Olubunmi Peters, Executive Vice Chairman, North South Power Shiroro, Nigeria
- Segun Adaju, President, Renewable Energy Association of Nigeria, Nigeria
- Engr. Faruk Yabo, Director Renewable Energy & Energy Efficiency, FMoPWH
The 14th edition of the event once again enjoys widespread support from the industry with Lucy Electric, a global secondary distribution leader in the electricity sector, and SkipperSeil Limited already confirmed as platinum sponsors, while Genesis and Jubaili Bros are gold sponsors and Conlog, Landis+Gyr, Hexing and Vodacom are silver sponsors.
Future Energy Nigeria is organised by Spintelligent, a multi-award-winning Cape Town-based exhibition and conference producer across the continent in the infrastructure, real estate, energy, mining, agriculture and education sectors. Other well-known events by Spintelligent include African Utility Week, Future Energy East Africa (formerly EAPIC), Future Energy Central Africa (formerly iPAD Cameroon), Future Energy Uganda, Agritech Expo Zambia, Kenya Mining Forum, Nigeria Mining Week and DRC Mining Week. Spintelligent is part of the UK-based Clarion Events Group.
Future Energy Nigeria dates and location:
Strategic conference: 7-8 November 2017
Venue: Eko Hotel & Suite Convention Centre, Lagos, Nigeria.
The Hague, September 6 2017 – FMO, the Dutch development bank, is proud to announce that it has become Europe’s first development finance institution and the second company in the Netherlands to become EDGE certified. Economic Dividends from Gender Equality (EDGE) is the leading global standard for gender equality. EGDE Certification requires a rigorous external assessment of the workplace environment through an employee survey and review of company policy and practice against the international best practice defined by EDGE. The standard focusses on five areas of the workplace environment: equal pay for equal work; recruitment and promotion; leadership development and mentoring; flexible working arrangements; and company culture. Achieving EDGE Assess level recognizes FMO’s public commitment to gender equality. FMO’s almost 500 staff consists of 51 % men, 49 % women and over 39 different nationalities.
Jurgen Rigterink, CEO FMO, commented, “Empowering female entrepreneurs and contributing to achieving Sustainable Development Goal 5 on gender equality is a core part of FMO’s strategy. Over the last year, we have financed several projects such as the Women’s Entrepreneurs Debt Fund and a new US $7.5m loan to ASA Pakistan, a leading microfinance institution in Pakistan, to fund women micro-entrepreneurs, as well as organizing a conference with the Global Banking Alliance for Women on the importance of supporting women-owned businesses.
Fundamental to the success of FMO is building a diverse and inclusive organizational culture internally that supports both men and women to thrive. EDGE certification is an important part of our strategy to support gender equality within FMO, providing an external benchmark for measuring our progress against international best practice standard over time.
FMO actively stimulates diversity because it brings different perspectives and approaches to our work, which contribute to better performance. Next to the gender equality focus, FMO seeks to build a diverse and inclusive workforce with regard to cultural diversity in order to optimally serve our clients and stakeholders around the world.”
Aniela Unguresan, co-Founder of the EDGE Certified Foundation, the Global Standard for Gender Equality, said:“ FMO is to be congratulated on achieving its EDGE Assess Certification. It demonstrates that the organization is committed to achieving gender equality and inclusion at all levels. It also sends a strong message to FMO’s employees, key stakeholders and industry peers, that gender equality is an important strategic goal. By attaining EDGE Assess Certification, FMO is joining a select and ever growing number of global institutions committed to closing the gender gap.”
About FMO FMO is the Dutch development bank. As a leading impact investor, FMO supports sustainable private sector growth in developing countries and emerging markets by investing in ambitious projects and entrepreneurs. FMO believes that a strong private sector leads to economic and social development, and has a 45-year proven track record of empowering people to employ their skills and improve their quality of life.
FMO focuses on three sectors that have high development impact: financial institutions, energy, and agribusiness, food & water. With a committed portfolio of EUR 9.0 billion spanning over 92 countries, FMO is one of the larger bilateral private sector developments banks globally. For more information, please visit www.fmo.nl. Press contact FMO: Renée Schnitzler Senior Communications Advisor T: +31 70 314 9308 E: R.Schnitzler@fmo.nl
Şenpiliç quality assurance manager Savaş Ceylanlı, Cobb Turkey country manager Erol Çan, Şenpiliç assistant general manager Mehmet İyneci, Cobb Turkey technical manager Mert Yalçınalp, Insa Tarım owner İsmail Hakkı Çağrıl, Şenpiliç breeder manager Ergün Dinçel, Cobb Europe sales and technical director Töre Mercan.
Cobb-Vantress, Inc. / Siloam Springs, Arkansas, USA: Outstanding hatchability has won Senpiliç in Turkey one of the Cobb Champion Awards. They were introduced last year to recognize annual world-class performance at breeder, broiler and hatchery levels in Europe, the Middle East and Africa (EMEA).
The award was presented during the VIV Turkey event at Istanbul, Turkey, where Senpiliç’s contracted breeder farm Insa Tarim was congratulated on achieving 88.27 percent cumulative hatchability at 60 weeks – the second highest figure in the entire EMEA region.
Assistant general manager of Senpiliç Mehmet Lyneci, said: “We have had a very strong relationship with Cobb Turkey from the start of their new hatchery in Turkey. We both supported each other and we see Cobb as a very strong business partner. We hope we shall continue to gain awards as our business grows and the family relationship with Cobb develops in the coming years.”
During the event the Cobb team met customers, not only from Turkey but the Middle East and other parts of the world, including potential business partners and prominent companies within the poultry sector.
Cobb-Vantress, Inc. makes quality protein accessible, healthy and affordable worldwide. Our research and technology innovates the global poultry industry. With headquarters in Siloam Springs, Arkansas, we are the world’s oldest pedigree broiler breeder. We distribute poultry to more than 120 countries.
Find more at cobb-vantress.com
US President Donald J. Trump meets African leaders at the G7 Summit
By Alex Hitzemann
Last week Trump took his first foreign tour which gave us some small glimpses into how the Trump administration will interact with Africa in the coming years. With an American first agenda and a proposed new budget that will slash American aid spending in Africa in 2018, it’s easy to see why Africans feel neglected by America’s new domestically focused president. But will Africa continue to remain low on the agenda?
Kenyan President Uhuru Kenyatta meets Trump
As an investor, businessman, and now politician Trump is not ignorant of the enormous potential Africa presents for those willing to forge partnerships in the continent. He must also realize a lack of Western leadership in Africa opens the door for other countries, especially China, to further penetrate Africa with its unique style of politics and business.
In his first few weeks, Trump called President Muhammadu Buhari of Nigeria and Jacob Zuma of South Africa. Last week during the G7 summit Trump rubbed shoulders with Kenya’s President Uhuru Kenyatta, Guinea’s President Alpha Conde, Niger’s President Mahamadou Issoufou, and Tunisian President Beji Caid Essebsi.
For Secretary of State Rex Tillerson the US’s main priority in Africa is security. Insuring that Africa does not become the next breeding ground for terrorism is currently the Trump administration’s primary objective in Africa.
However, while speaking with U.S. Department of State Employees, Tillerson recently revealed he’s optimistic and sees huge potential.
Tillerson explained, “Africa is a continent of enormous opportunity, and needs and will get and will continue to receive our attention to support stabilizing governments as they are emerging and continuing to develop their own institutional capacity, but also looking at Africa for potential economic and trading opportunities. It’s a huge, I think, potential sitting out there, waiting for us to capture it, and then, obviously, a big focus of our health initiatives, because Africa still struggles with huge health challenges. And those are important to us and they’re going to continue to get our attention.”
“I think there’s huge potential sitting out there, waiting for us to capture it, and then, obviously, a big focus will be our health initiatives” -Tillerson
Slashing donations and aid to Africa might also backfire on the President’s anti-terror initiative. “Where you cannot create economic opportunities, in these rural areas all across Africa where agriculture ought to be working will simply become a recruiting field for terrorists. I’m sure that’s not in the interests of the United States nor any other country,” Akinwumi Adesina, President of the African Development Bank, told Newsweek Magazine this week.
“Cash from Washington plays a vital role in creating jobs in rural parts of Africa, where young people may otherwise turn to extremism when faced with unemployment and poverty due to environmental issues or conflict,” Adesina continues.
An article published by African Utility Week interviewed the head of natural resources at Exotix Partners in the UK, Andrew Moorfield, he said there is so much emotion in talks about Trump that he would rather focus on the “knowns” which are the markets. In Moorfield’s analysis there is some possible good news for African economies.
Moorfield referred to the low rate environment in the US. He said the last 12 months shows a post-Trump bump, but it is now falling again. According to him US rates is expected to remain low in the medium term with some consequences for Africa. This situation, he says, “creates a favourable and stable climate for African investment”.
“The US dollar has been weakening since January, consistent with Trump’s stated preferences threatening foreign investor returns through continuing depreciation,” he explained.
It is common cause that one of Trump’s key plans is to invest in US infrastructure and this, Moorfield projects, will buoy commodity demand generally which will benefit African economies as demand for oil, gas minerals and metals will grow.
According to him Africa has lots of natural resources but is low on capital. “So if Trump executes his plan and invests in infrastructure the effect should be that it would buoy commodities and will benefit African economies.”
Africa Agribusiness Magazine Media by Alex Hitzemann
Telephone: +1 773 672 8030
African Utility Week:
Andrew Moorfield interview by Alicestine October
Senior communications manager: Annemarie Roodbol
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