Egypt: Industry Minister – Resorting to Exceptional Procedures to Encourage Investment

During a meeting held two days ago by the British Egyptian Business Association (DEBA) under the title of “Egypt where to”, the minister said that the ministry is trying to mediate to settle problems between banks and the ailing plants.

 

He also announced resorting to exceptional procedures for encouraging investment in such an exceptional stage.

 

On the other hand, Abdel Nour announced that the government had allocated LE3 billion for the establishment of 22 industrial complexes for SMEs in 20 governorates.

 

He also referred to giving more attention to the alternative energy sources through wind and sun, asserting that negotiations are on with the petroleum ministry for reaching an agreement allowing the use of coal as an alternative energy source for the cement plants, a matter which would secure 450 million cubic meters of natural gas.

 

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GE Africa CEO Bags Africa Investor Business Leader of the Year Award

Jay Ireland, president and CEO of GE Africa, has been named the Business
Leader of the Year by Africa investor. GE was also named the Africa Investor
employer and Human capital Investor of the Year. The awards were presented at
the World Bank Annual meetings in Washington DC, United States.

Under Jay Ireland’s leadership, there have been significant GE investments
across Africa.

Early this year GE announced a $1billion manufacturing and Assembly facility in
Calabar. The facility will service the Oil and Gas as well as the Power sector
in Nigeria.

Before then the infrastructure giants signed an MOU with the Federal Government
of Nigeria to help develop an additional 10,000MegaWatts of power over the next
ten years.

In Angola GE signed an MOU with the Ministry of Energy and Water of Angola on
the 24th of June to generate 2000 MW of electric power generation.

This will include the accomplishment of on-going generation projects in the
northern region of Angola while providing the framework for cooperation in other
parts of the country.

Apart from playing a major role in the reforms in the rail transportation sector
with locomotives in South Africa, GE Africa has signed a partnership worth up to
$5 million (R50million) with Johannesburg-based African Leadership Academy (ALA)
aimed at transforming Africa by identifying, developing and connecting the next
generation of African leaders.

The Africa Investor Awards are the longest-standing international awards on
Africa to reward exceptional business practices, economic achievements and
investments across Africa. They recognize the institutions and individuals
improving the continent’s investment climate.

Speaking at a separate event after the awards, Jay Ireland said the award was a
testament to the efforts that GE has made in recent years across Africa aimed at
fostering partnerships and driving critical infrastructure projects across the
continent.

He said GE was committed to supporting the continent’s growth in various sectors
such as health care, energy, transportation and aviation. “I am delighted with
this recognition of the role GE is playing in Africa,” Ireland said.

 

AfDB approves US$ 18 million for Livestock Infrastructure in Zambia

 

Logo of the African Development Bank (AfDB), p...

Logo of the African Development Bank (AfDB), part of the African Development Bank Group (Photo credit: Wikipedia)

AfDB approves US$ 18 million for Livestock Infrastructure in Zambia a US$ 18 million (UA 12 million) African Development fund (ADF) concessional loan to Zambia to finance the Country’s Livestock Infrastructure Development Support Project (LISP).

The project aims to improve smallholder livestock production and productivity, create market linkages and increase household income in nine districts in the Northern and Muchinga Provinces of Zambia.

The specific project objectives are to:
• increase land area available for all season agriculture by the development of water resources,
• promote crop diversification and value chain development for improved food and nutrition security, wealth creation and rural employment especially for women,
• expand drought resistant cropping which will serve as a safeguard against the effect of climate change and also serve as viable raw materials for industrial use and import substitution, and
• enhance the capacity of both the public and private sectors in order to improve service delivery functions to smallholder farmers.

Activities to be implemented under the project include the building of 177 livestock service centres, three milk collection centres, two livestock markets, eight livestock slaughter facilities, 80 km of feeder roads, two Regional and seven district veterinary laboratories; two veterinary quarantine stations, and five veterinary check points.

The project is expected to directly benefit 100,000 livestock keeping households including 33,600 households headed by women.

It will train and empower individual members of the farmer groups as well as increase employment opportunities in livestock husbandry and marketing, and livestock products value chain.

Public service capacity for the delivery of livestock services, especially disease prevention and control, will be enhanced. The Project will also facilitate participation of the private sector through leasing out some of the structures within the Livestock Service Centres which will be used as outlet for veterinary drugs and livestock feeds supplements. 

About 800,000 people, including 400,000 women, will indirectly benefit from the improved supply of quality livestock products.

The project is in line with the AfDB’s commitment to support the Zambian Government in its efforts to achieve economic diversification, inclusive economic growth and poverty reduction.

The Government has launched a nationwide programme to scale-up the development of the livestock sub-sector and enhance its contribution to the national economy in line with its economic diversification strategy.

The project will also support the Government’s efforts towards the attainment of Vision 2030 which aims to transform Zambia into a prosperous middle income country, through the achievement of goals and targets of the Sixth National Development Plan (SNDP), which is consistent with the Bank’s 2011-2015 Country Strategy.

 

 

Africa: Don’t fear what makes the grass green

The pirate situation around the horn of Africa is getting worse, pirates are robbing ships carrying goods, and wealth that they do not have they have decided to take it by force. Ivory Coast is going around in circles; Zimbabwe is filled with hate and boiling. Every Nigerian outside Nigeria is proud to be Nigerian, Haiti is a hell on earth, and Ethiopia never went far from the days off Mengistu.

Africa: Don't fear what makes the grass green
Tanzania is a model of ethnic tolerance and stability with a GDP per capita of US$1 400, it is less than that of Ivory Coast, a country clearly that has no ethnic tolerance. All these thoughts would be disheartening, why the mess?

It is time to be honest with ourselves and accept a thing is a thing, A is A, an orange is just that, an orange and nothing more. Most excuses in Africa are usually the same, I found it like this, they are doing it why can’t I? What are you going to do? Firstly if you find dirt in your home, do you not usually try and clean it, one does not say I found it like this and goes to bed in dirt. They are doing it, why can’t I, well then everybody will aspire to be a thief, everybody joins a political party in order to steal, if they do not get the chance they blame the corruption on the ruling elite only because they did not get the chance to steal. We must question ourselves, then we can question the world.

A society willing to question itself and look for solutions is a society beginning to respect the mind, it is moving away from mysticism, it is hoping in the faculties of the human, not hoping in the unknown of the esoteric, calling it African science like Nigerians, making up excuses for failing in real science, being known only for fraud around the world, fraud implying lies and deceit. Science is not a lie, a thing is, you cannot claim something is without proving it is, real science knows and improves on the tangible knowledge base, fraud is just that hot air, learnt from leaders who themselves are fraudsters.

All humans who do not accept mysticism want to build societies that respect the citizenry. You cannot expect Mugabe who believes that refined diesel can come from a rock, you cannot expect him to build a society that respects human beings, because to respect human beings is to respect their minds, not understanding that diesel must be refined, a technique discovered by a human mind, but believing it can be wished is to hate the human being, because one cannot appreciate that things are created. The pirate not understanding that goods are created goes and robs ships of the coast of Africa, not believing that they are capable of making those very goods, and those ships will carry the products of their mind across the world.

Africans must not fear what makes the grass green, it takes disciplined mind to answer the question what makes the grass green. It takes a progressive society to appreciate people who want to answer the question what makes the grass green. A progressive society questions things, from politics, to constitutions, to science, and to the arts.

Mystic

If one answers the question that the grass is green because, God, nature, the spirit made it so and it can not be known, that one is a mystic and a dangerous person if ever they are put in charge of anything, such people can justify genocide, can justify racism, justify looting, God made it so it is the way of the world. To answer the question why the grass is green, and one says the grass is green because of special cells that plants use to create organic compounds from water and carbon dioxide, then that person believes in a better future for all mankind, that man believes in the progression of society.

Is there a point to this, half of Africa cannot feed itself, yet the science for improving food is taking place far away from Africa, Aids ravages Africa, yet the research takes place half a world away, Africans even protest that the medicine is too expensive, well have proper societies that want to progress and the medicine will be created in Africa, a mind is just a mind, no matter what whites tell you, all societies that respect the mind can find solutions to the crises that they face. A society must let a man discover the truth, otherwise that society is built on mysticism.

Societies that seek the truth are enduring, for they do not exist for today, but for tomorrow. Mubarak, Mobuto, these are people who lived for the moment, that is why they robbed their people, that is why the West liked them, a society that respects knowledge thinks about its future, that society is not a fraud, that society will not be run by fraudsters.

Let us not fear knowledge, any knowledge, let us not fear to ask the question why is the grass green and really dig into it. Is it important? Yes one day with enough discipline and patience we will know the workings of plants, we will not have to genetically interfere with plants to increase food sources, we will find a way to mimic plants and mix carbon dioxide and water in factories and have artificial photosynthesis, and there the world is fed and environmental degradation stops. Knowledge is built upon knowledge.

Respecting knowledge is about not doing things our forefathers did it, or even our fathers if there is a better way, but if our forefathers can not be improved upon, do not change something for the sake of it. Hiding behind that is the way I found it just will not cut it anymore, we need to ask why is the grass green, we need to ask what society best allows people to investigate the reasons for the grass being green.