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MONDAY | AUGUST 18, 2014 Title Code: DELENG18579 • RNI NO: DELENG/2014/54666 • Postal Registration No.: DN/325/2014-2016 • VOL. 1 • NO. 32 • Page 12 • Price `10

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Continued to page 03The Central African Republic has named it first Muslim Prime Minister Mahamat Kamoun, a former special adviser to interim President Catherine Samba-Panza, who will head a transitional

government in an endeavour to make a more inclusive government and end more than a year of sectarian violence.

Central afriCan republiC has its

first MusliM priMe Minister

pg 12

Mahamat Kamoun, Prime Minister, Central African Republic

Aligning opportunities to success

KS unite

invest in ethiopiA: the new emerging mArket

mAuritius:A true holidAy destinAtion

sA tourism industry

voices concern over new

immigration legislation

we don’t have any foreign exchange restrictions

Wassupafrica02

Having selfless leaders willing to put the country’s interest ahead of their own is critical in maintaining peace.

This was the message delivered to delegates including religious and youth leaders and delegates from Central African Republic and South Sudan, who are meeting at a peace conference in Kigali.

The two-day conference, organised by Faith-based organisations, Rwanda Youth Action Network, Rwanda Civil Society Platform and Aegis Trust, brings together religious leaders from CAR and youth leaders from South Sudan, as well as their Rwandan counterparts.

The delegation from CAR comprises both Christian and Muslim leaders, a welcome gesture considering that the conflict that has devastated the country mainly pits Christian against Muslim militias.

Notable among the CAR delegation include Archbishop Dieudonne Nzapalainga, the leader of the Catholic Church in the capital Bangui; Rev. Nicolas Guerekoyame Gbangou, the leader of the Evangelical Alliance; and Imam Omar Kobin Layama, the leader of the Islamic community.

Speaking at the opening of the conference, Local Government

Private sector urged to focus on EAC market

Made in Rwanda Limited’s Scorpio Ramazani Kourey receives the third-best exhibitor award from Amb Rugwabiza at the closure of the 17th Rwanda International Trade Fair.

Local industrialists have been urged to enhance their production capacity and quality to take full advantage of the 150 million strong East African Community (EAC) market.

Amb. Valentine Rugwabiza, the East African Community Affairs Minister, said manufacturers should embrace new technologies to boost productivity and improve product quality to benefit from the huge opportunities presented by the EAC market.

“You should no longer focus on the small Rwandan market of about 12 million people, but the bigger EAC bloc. That’s why it is important for you to embrace new technologies to increase productivity and provide goods and services at affordable price,” she said.

Rugwabiza was speaking at the closure of the 17th Rwanda

Kigali conference seeks peace for Central African Republic, S. Sudan

International Trade Fair at the Gikondo Show Grounds in Kicukiro District.

She said regional governments would continue to improve business environment in the bloc to attract more investors and ease cost doing trade.

“We will spare no effort in deepening regional integration because we understand that removal of trade barriers is key to ensuring economic sustainability of the region,” Rugwabiza said.

“I, therefore, appeal to the private sector to participate in fast-tracking of regional integration by producing for the EAC market and getting involved in all its other activities.”

She said besides ensuring that all trade barriers are eliminated, the EAC partner states want to further ease movement of people, services and goods across the region, “but we seek close collaboration of the private sector”.

Felicite Nyampundu, a senior training officer at the Business Professionals Network Rwanda, also urged the private sector to work with the government and support regional efforts into fast-tracking the EAC integration, arguing that the business community may not achieve much from the EAC integration if they don’t get fully involved.

“You have to be at the centre of the whole process to benefit. After all, you are one of the biggest shareholders,” Nyampundu noted.

New Times

Construction of Rwf4.5bn Musanze market begins

Public-private partnership is the way to go if the country is to achieve its economic

development aspirations outlined in Vision 2020, according to the Minister for Trade and Industry, François Kanimba.

Kanimba was speaking at the launch of construction activities of a multi-billion modern market in Musanze District.

The four-storey complex will be constructed by Kodukumu, a local cooperative at the tune of Rwf4.5 billion, according to Raymond Niyonzima, the cooperative president.

minister Francis Kaboneka said Rwanda was proof that good leadership can bring lasting peace.

“Going by our experience, we can confirm that leadership can destroy or develop any country. The role of leadership is paramount in setting, guiding and promoting the shared vision, ethics and national values among the people,” Kabokeka said.

“Whether religious, military, civil society, you need to have leadership values, you need to lead people with dignity and passion; you must be ready to inspire people before you inspire yourself.”

Kaboneka asked the delegates to take lessons from the various Genocide memorials in the country they visited to see the magnitude and impacts of a genocide ideology.

He also called on the youth in the two countries to be active peace ambassadors and refuse to be influenced by the older generation who may want to mislead them to engage in committing atrocities, saying they had a big opportunity to restore stability.

He said Rwanda would stand in solidarity with the two countries in their efforts to achieve lasting peace.

Identifying the reasons for most African conflicts, Monsignor Smaragde Mbonyintege, the

bishop of the Catholic Diocese of Kabgayi and spokersperson of the Catholic Church in Rwanda, said most times the causes of atrocities narrowed down to foreign actors with vested interests, selfish ambitions of warlords, and ignorance of citizens making them easy to manipulate.

“If we want to live in peace and ensure stability, we are supposed to find solutions to the root causes of conflict,” the bishop said.

The Mufti of Rwanda, Sheikh Ibrahim Kayitare, who is the coordinator of the initiative, said part of the reasons Rwanda was involved in the intervention in the ongoing conflicts is because of the strong belief of the role of the international community in ending atrocities.

“It doesn’t mean that these two countries have to wait for foreigners to bring peace to them. Like in the case of Rwanda, it is possible to achieve peace and reconcile and integrate their communities,” he said.

Dr Diogene Bideri, a senior research consultant at the National Commission for the Fight against Genocide, said lasting stability can be achieved by ensuring security and equal resource distribution.

Tinna Aring, a youth representative from South Sudan, said the conference had provided a chance for her and other participants to see the end-term impacts of full-blown atrocities.

“The youth and religious leaders have the biggest opportunities to see an end to the atrocities,” Aring said.

Under the supervision of regional bloc, Igad peace talks between South Sudan’s government and rebels resumed in the Ethiopian capital, Addis Ababa, earlier this week with August 10 as the deadline to agree on a transitional government.

New Times

It will have an underground floor that will serve as parking lot with capacity to accommodate at least 70 vehicles and stores where businesses will keep their merchandise.

The facility will also provide room for commercial banks, supermarkets, pharmacies, among other facilities, according to cooperative members.

Kanimba said the project will benefit not only the members but also the entire district and the country at large.

“This shows a change in mindset on the part of the private sector. It also shows that we are all working together for national development,” Kanimba said.

The cooperative is made up of over 100 businesses with individual share capital ranges between Rwf2 million and 15 million.

Kanimba challenged local leaders to support the private

sector, adding that in some cases investors find it difficult to do business.

He urged businesses in Musanze to consider investing in more projects so as to explore the potential of district.

Niyonzima said the cooperative embarked on the market project after realising that the old one was nolonger appropriate.

He thanked the district for providing the plot where the market is being constructed, saying it will help them boost their financial status as well as help the district generate more revenues through taxes.

The construction works will last for two years.

Currently businesses that previously operated from the market are temporally operating from the Musanze Taxi Park as they await the completion for the modern market.

MONDAY | AUGUST 18, 2014

Wassupafrica 03

Association of Southern African Travel Agents issued the following statement in

response to joint statement by the Department of Home Affairs and Department of Tourism:

It is with growing concern that ASATA took note of the recently released joint press statement that was issued on 31 July by the Ministers of Tourism and Home Affairs, confirming an implementation date of 1 October, despite acknowledging short falls in the ability of Home Affairs to meet their own objectives regarding various amendments to the Immigration Act.

On behalf of its members and South African travellers, who are now required to apply for unabridged birth certificates to travel internationally with their children under the age of 18, ASATA has repeatedly asked Home Affairs Minister Malusi Gigaba to consider a 12-month deferment of the implantation date and to meet with industry bodies to discuss the impact that this will have on our sectors.

A letter, signed by five of the country's top travel industry leaders, highlighting the concerns of the travel industry and the impact the new ruling would have,

Government to prioritise agric technology, premier says

SA tourism industry voices concern over new immigration legislation

The 53-year-old Kamoun is the first Muslim to serve as Prime Minister in the CAR since it gained independence from France in 1960. An expert in finance, Kamoun was the Director General of the treasury under former President Francois Bozize, in power from 2003 to March 2013.

Together with Samba-Panza, who is a Christian, Kamoun faces the challenging task of executing a subtle political transition intended at ending the deadly sectarian

violence.The latest turbulence began

in March 2013, when the mainly Muslim Seleka rebel coalition tumbled the government and put Michel Djotodia - the country's first Muslim president - in power. He stepped down in January under strong international pressure for his failure to rein in rogue ex-rebels tangled in murder, rape and looting.

As a reaction to the violence, mostly Christian communities formed "anti-balaka" vigilante

FRoM page 01

was also sent to Minister Gigaba 10 days ago. We have not received acknowledgement of receipt nor our request to meet. Furthermore, a request for assistance in clarifying some of the concerns raised, e.g. “travellers departing before the end of September but arriving back after the 1 October will they (the child) require an unabridged birth certificate?” has been sent to relevant Home Affairs representatives three weeks ago, to which we have yet to receive a response.

Although the Department of Home Affairs has stated a turn-around time of four to eight weeks to issue a new unabridged birth certificate, practice suggests these timelines are closer to between four and six months, depending on which Home Affairs office to apply too.

This and the lack of a clear communication have created a lot of confusion in our industry and for our clients, who are turning to us to assist in providing clarity.

While we stand behind any efforts to secure our borders and to protect our children in all instances, we have yet to see what research has informed government to introduce a requirement to carry an unabridged birth

The Government of Rwanda is committed to enhancing technology use in agriculture to accelerate economic development.

Prime Minister Anastase Murekezi made the disclosure while addressing local leaders and other stakeholders in Eastern Province.

The premier, who was accompanied by the Minister for Agriculture, Geraldine Mukeshimana, and State minister for Social Affairs Alvera Mukabaramba, was touring irrigation schemes in Kayonza and Kirehe districts.

He visited a modern farm under irrigation farming in Ndego Sector, Kayonza District, which has been under production for nine months.

The modern farm has seen maize and soya growing flourish and the potential is promising.

The farm belongs to Bralirwa and Minimex Corporate Company (Bramin), a joint venture Bralirwa and Heineken Group brewery of Rwanda.

Minimez is the leading maize milling company in the country.

“Agriculture technology is a priority. It offers maximum and sustainable production of cereal crops like maize, beans and soya,” PM Murekezi said.

“The irrigation scheme’s activities are commendable. It is interesting to apply machinery like combine harvesters.”

The premier said irrigation would help maximise the proper utilisation of natural resources.

“We must make good use of the water sources around. This, coupled

forces who frightened Muslims in retaliation attacks.

Thousands died and around a quarter of the country's 4.5 million population were evacuated in the conflict.

Representatives of the Seleka coalition and anti-balaka forces signed a tentative cease-fire at talks in neighboring Congo in July. Following the talks, the government of Prime Minister Andre Nzapayeke resigned in a government reshuffle.

On December 5, France

attacked its former colony after the United Nations Security Council implemented a resolution giving the African Union and France the go-ahead to send troops to the country.

In March 2014, UN Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator Valerie Amos said almost all of more than 100,000 Muslims once residing in the capital, Bangui, had fled the violence perpetrated by the armed Christians.

with use of high level machinery, will certainly boost agriculture,” he said.

Investing in IrrigationAccording to the company

managers, the total investment in the scheme amounts to Rwf2 billion.

The investment cost per hectare for irrigation equipment is $3,694.

Brahim intends to invest Rwf441 million to bring the farm to full irrigable potential land of 452 hectares.

Earlier in the day, Murekezi visited irrigation schemes in Nasho Sector in Kirehe District, where he challenged agronomists and technicians to be more systematic in the farming.

“Land consolidation would make more sense if you utilised the land in a more organised way. Don’t scatter your activities. I wouldn’t mind having 100 hectares in one area as opposed 300 that are fragmented,” Murekezi said.

The premier urged local leaders to ensure that agriculture production is not limited to some seasons.

“With agriculture we expect production to be the same throughout the year,” he said.

The farm owners, however, expressed concern about the absence of electricity on the farm that leads to high costs of running irrigation system.

The Japanese government last week agreed to give Rwanda a financial grant worth $15 million (about Rwf10 billion), to develop an irrigation scheme in Ngoma District.

New Times

certificate as an additional travel document. Our extensive research has shown that no other country in the world has implemented a similar requirement.

In light of this, we question the effectiveness of this new requirement in meeting the Home Affairs’ objective to reduce child trafficking. A birth certificate is not a recognised travel document anywhere in the world; passports and visas serve that purpose, with the necessary process behind acquiring one to ensure that it is fit for that purpose.

Furthermore, we must ask that such an onerous new administrative regulation have an appropriate lead in time and a structured and collective consultative process with the travel and airline industries to avoid the inevitable confusion the premature implementation of said new rules will cause to the travelling public and our industry at large.

We therefore re-assert our call for a 12-month grace period in order to ensure minimal short-term disruption to our industry whilst maintaining the Department of Home Affairs objectives.

Eturbo News

mONDAY | AUGUST 18, 2014

countryoftheWeek04ethiopia at a GLanCe

Country Official Name: Federal Democratic Republic of EthiopiaHead of State Name: President Dr. Mulatu TeshomeCapital: Addis AbabaNational Day: May 28Religions: Christianity62.1% , Islam 33.9%Total Area: 1.13 million sq km (437,794 sq miles)GDP: 46.5 billion USDInflation Rate: 8.8%Population: 90 million Languages: Oromo, Amharic, Tigrinya, Guraghe and Somali but there are also other 78 languages. English is widely spoken languageClimate: It has three different climate zones, (Temperate, sub-tropical and Tropical) according to elevationExport Items: Coffee, oil seeds, beeswax, leather, textileImport Items- fuel , foodstuffs, textile, machinery, and pharmaceuticalsNatural Resources: Small reserves of gold, platinum, copper, natural gas. Main Economic Sectors: Agriculture, manufacturing, textiles, leather and power generationTime Zone: UTC/GMT +3 hoursCurrency: BirrExports: 5.8Billion USDImports: 13 Billion USD

Ethiopia has become one of the fastest growing economies in the world by

registering a double digit GDP growth rate during the last decade. Though Ethiopia has an agriculture based economy; currently the government has formulated and implementing a five year Growth and Transformation plan that envisage the transformation of the economy into industrialization.

Ethiopia has an area of 1.14 million sq. km, out of which 513,000 square kilometers (45%) are arable land and 34,200 square kilometers (3%) is irrigated land. The agriculture sector accounts for 41% of the GDP, provides 85% of employment and 90% of foreign currency earning.

There are 18 major agro-ecological zones and 32 diversified or sub agro-ecologies. The temperature ranges from 20oC to 30oC, the altitude from -125 meter below sea level to 4620 meter above sea level and annual rainfall varies from 200 to 2500 mm. There are two seasons: the dry season prevails from October through May. The wet season runs from June to September. The main sources of water are ground water, rivers and rain.

Ethiopia has an investor friendly policy and the investment

proclamation encourages investors by providing a package of investment incentives.

A one-stop-shop where all the services including land clearance is given in one window is being developed. Ethiopia has a skilled and semi skilled labor with a reasonable cost and available electric power with inexpensive price.

Investment in agricultural agriculture products as well as value addition to the agricultural products is highly encouraged. The priority areas in the agriculture sector are, cotton, horticulture and floriculture. The government is developing economic zones for commercialized farming while land on lease is available

around main cities where the infrastructure and the necessary facilities are in place. In the manufacturing sector the priority areas are agro-processing, textile, leather goods, pharmaceutical, chemicals, metal, IT etc.

Industrial Zones in Ethiopia

Industrial zoneEthiopia is developing

industrial zones with the necessary infrastructure and facilities. The Bole Lemi Industry Zone located in the capital city, Addis Ababa provides a complete facility for investors. In other areas namely, Akaki Kality sub city, Dire Dawa City Administration, Kombolcha

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NewTech Engineers ......... Page 03

PHEL ................................ Page 04

The Times of Africa .......... Page 05

Expo Group ..................... Page 07

Agritech Asia ................... Page 08

Paranthaman ................... Page 10

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Laxmi Publications .......... Page 11

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ISIC .................................. Page 11

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(Amhara Regional State), Mekele (Tigray Regional State) both in the North, and Hawassa (Southern State) similar facilities are in the process of developing industrial zones. These zones will be equipped with full facilities including financial institutions and government offices.

The zones prioritize industries that have production chains or that will strategically benefit the growth of the sector including in the government priority sub sectors such as textile manufacturing, leather processing, metal works, agro processing and pharmaceutical manufacturing. Therefore, Investors will only need to set up machinery in the building and facilities developed and owned by the government.

Invest in

the new emerging MarketEthiopia

MONDAY | AUGUST 18, 2014

BusinessBuzz 05iCt entrepreneurship bus comes to rwanda

MTN Gives Back To Customers

The AMPION Venture Bus will this year makes its debut in Rwanda and the other East

African countries; Uganda, Kenya and Tanzania.

AMPION is a non-profit entrepreneurs support organisation that brings together budding young African Information Communication Technology (ICT) entrepreneurs and tech experts from all over the world whose aim is to turn business ideas into real projects.

MTN Ghana, the leading telecommunications service provider in Ghana, has transformed the lives of over 2,000 subscribers in the just ended 'Go Rio' promotion.

At the end of the four-month promotion, 15 customers received brand new Kia Rio Saloon cars, and 18 customers had the experience of a lifetime with an all-expense paid trip to Brazil.

Hundreds of 32' (inches) Samsung LED TVs, Samsung Galaxy Tablets, Samsung S3 mini handset, Huawei Y220 Ascend phones were also won during the promotion.

During the final presentation ceremony, five persons drove away brand new Kia Rio saloon cars.

They include Udeagwu Alphonsus Obinna, Joseph Chijioke, Veronica Zigah, Baba Yunus Muhammad and Sarkodie Patrick.

All the winners expressed joy for winning the prizes.

Patrick Sarkodie said, 'I was never expecting this from MTN. I use my MTN number to transact business, make calls and browse as any normal customer.

In fact, when I received the call that I had won a car I just couldn't believe it. Thanks to MTN, I am now the proud owner of this beautiful 'tear

Throughout the tour, teams are formed and products developed. During a five-day competition and road trip, the groups have shots at creating start-ups and developing innovative solutions to local challenges. The inaugural bus journey last year went through Zimbabwe and South Africa under the name ‘StartupBus Africa’.

According to Fabian Guhl, the AMPION Venture founder, Ampion is a catalyst for entrepreneurs. “We put together teams of developers,

rubber' Kia Rio saloon car.'Presenting the last batch of prizes

to the winners for the month of June at the forecourt of MTN's office at Osu, Richard Acheampong, the General Manager for MTN Marketing Services, expressed MTN's commitment to enhancing customer experience on the network whilst rewarding them with relevant promotions.

'We decided to tie in the customer loyalty promo to the world's soccer season to create more excitement because of the passion Ghanaians have for the game of football.

'We are also happy to have given some of our subscribers the experience of a lifetime in Brazil.

'The objectives for running this promotion have so far been met and we thank all

our customers for choosing

MTN,' Mr. Acheampong

added. The mechanics

for the promotion were quite simple.MTN subscribers from March to June received notification from MTN to reach unique point-based usage targets through text messages.

Subscribers were required to meet or exceed monthly usage targets, and those with the highest points per target got the opportunity to win any of the prizes at stake each month.

Modern Ghana

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Airtel Crowns Customer Experience WeekAirtel Ghana, CSR Company of the Year, has donated food items, GH¢1,000 and scholastic materials to the Village of Hope Orphanage at Gomoa Fetteh in the Central Region.

The presentation marked the end of a successful Customer Experience Week, which saw the Managing Director of Airtel and senior members of staff serving customers at its customer touch points.

Mr. Asare, Managing Director at the Village said: 'We are extremely grateful to Airtel Ghana for thinking about this orphanage.

The cash and other items will go a long way in easing the financial burden that the orphanage goes through on a daily basis.'

Yacoba Amuah, Customer Experience Director at Airtel Ghana, said that Airtel Ghana was proud to support the orphanage and grateful to the guardians of the children who were making a difference in their lives through mentoring.

The donation forms part of Airtel

Ghana's internal CSR staff driven campaign called Make a Difference Day.

The initiative encourages its employees to get involved in their local communities by identifying and supporting sustainable projects within their communities or lending a hand towards a charity project, which they are passionate about.

Make a Difference Day (MADD) offers a platform for staff to engage in sustainable CSR in the communities, where they live while inspiring hope and enhancing people's quality of life. The Village of Hope cares for 260 children (Orphans and destitutes), with 34 in SHS and 22 in tertiary institutions. The remaining are in JHS and primary or waiting to enter tertiary institutions.

Guided by the belief that all children should have equal opportunity to thrive, the orphanage works to create conditions for vulnerable children so they can realize their full potential in school, work and life.

Modern Ghana

designers and business people to build great startups in emerging markets. We want all the great African ICT sector talent to go from huge potential to successful businesses,” he said.

From that inaugural trip, three standout start-ups successfully launched their operations: Sterio.me, an e-learning system; Workforce, a platform through which job seekers and potential employers interface and Bribed, an application designed to battle corruption via crowd-sourcing.

AMPION’s Rowan Emslie encouraged the youth to embrace ICTs to spur their entrepreneurial dreams.

“ICT can expand the impact and reach of small businesses all over the world. For young entrepreneurs, the ability to utilise newer technology can be what makes them stand out,” he said.

Between September and November, four buses will travel through 15 African countries, covering all the regions of the continent.

This year, the bus journeys will focus on solutions to Africa’s challenges in healthcare, energy and education.

The top three startups in each bus will get the chance to be incubated for free by leading African startup incubators during a period from six to 12 months.

New Times

mONDAY | AUGUST 18, 2014

In the course of past decade, Africa has been a place to some of the fastest-growing markets in the world, constructing an outsized window of prospect

for the expansion of the pharmaceutical sector. The mounting statistics of Africans with noteworthy disposable income and spending power, the robust demographic dynamics, counting fast urbanization, firm economic growth in most parts of the continent, and developed infrastructure in both rural and urban areas are all budding drivers of Africa’s pharmaceutical boom.

By 2016, pharmaceutical expenditure in Africa is projected to arrive at US$30 billion. This value is pressed by a 10.6% compound annual growth rate (CAGR) through 2016, second only to Asia Pacific (12.5%) and in line with Latin America (10.5%) during this period. Incited by merging of demographic changes, augmented wealth and healthcare investment, and increasing call for drugs to treat chronic diseases, this market potentially signifies a US$45 billion opportunity by 2020. The pharmaceutical evolution is a replication of economic strength accompanied by increasing healthcare spending.

Most of the major pharmaceutical MNCs have had an occurrence in Africa for a number of years. Among the first companies (or precursors of today’s companies) to enter the continent were Abbott (South Africa, 1930s), Sanofi-Aventis (Morocco, 1953), Novartis (Egypt, 1962), Pfizer (Morocco, 1963) and GSK (Nigeria, 1971). MNCs have mainly concentrated on, and prospered in marketing, branded ground-breaking and generics drugs to the private sector in urban areas. Products have normally directed in-demand therapy areas, such as vaccines, anti-infective and anti-diabetics, with sales mostly focused in Northern and South Africa.

The intensifying attendance of Asian manufacturers in Africa has also discovered the percentage of pharmaceuticals being imported from India and China more than double in value terms in recent years. Indian and Chinese manufacturers have benefitted market share mainly through competitive prices and concurrently targeting different markets in the generics space.

Certainly, Indian pharmaceutical companies are the largest suppliers of generic medicine worldwide- the Indian government’s denial to spot certain big pharma patents permits firms to produce generic drugs at super low costs with which other countries cannot compete. These low-cost generic drugs are impeccable for markets in developing countries, which entail healthcare amenities that are as cost-competitive as conceivable in order to maximize the percentage of their populations that can afford these drugs.

For example, leading Indian players, such as Cipla, Ranbaxy, the Serum Institute and Dr. Reddy’s, have strong market presence, particularly in East Africa. In these predominantly Anglophone markets, Indian companies have a standing for integrating local talent into their operations and are known for the quality of their medicines, with many having achieved World Health Organization (WHO) pre-qualification. While they are best known for selling affordable HIV medicines in Africa, they are rapidly broadening their medicine range across therapy areas.

The reality of the matter is, however, that there is no end to the persistence from global pharmaceutical

fRaNkLY sPeaKinG06

Karl FrIBerG President, AstraZeneca for South Africa and Sub-Saharan Africa

Mary BoMelaCEO of Mineworkers Investment Company (MIC)

By kirit soBti, editor, iateditor@indoafricatimes.com

companies wanting to extend the duration of market exclusivity on their brand-name drugs to prevent competition from generics. Private companies are pushing to patent every slight alteration of a drug that might instead be sold as a generic; a move that could potentially send their profit margins (and, consequently, drug prices) through the roof.

Dependence upon cheap Indian generic drugs is not a long-term solution to Africa’s drug shortage problem. It is not feasible that an entire continent should put itself totally at the whims of foreign companies and governments – to reduce any risk associated with this dependence, it is absolutely imperative that Africa produce its own pharmaceutical drugs.

Interestingly, the success of local pharmaceutical companies is frequently contingent on their ability to attract MNCs into research and development (R&D) licensing arrangements, a strategy which endorses their production capabilities. Local companies in South and Northern Africa have been leaders in their domestic markets.

For example, Aspen (South Africa), Adcock Ingram (South Africa), EIPICO (Egypt), Saidal (Algeria) and Cipla Medpro (South Africa) have combined licensed originator brands and their own branded generic products. Aspen is now Africa’s largest domestic pharmaceutical company with a robust reputation for quality products. Aspen’s maturity in the domestic market resulted from a strong partnership with GSK which encompassed product licensing arrangements as well as skills and equity transfer. Cipla Medpro, a local company in South Africa, is the third largest pharmaceutical company in South Africa by value and is expanding to Botswana and Namibia.

While success stories of local industry players exist, the majority have scrambled to enter for two reasons. Firstly, the high costs of active pharmaceutical ingredients (APIs) in Africa has left most incapable to compete on price with Asian generic manufacturers and unable to access the most in-demand therapy areas. Secondly, domestic manufacturers have struggled to implement good manufacturing practices (GMP) and ensure quality production. As a result, few companies have WHO pre- qualification status.

The key features sustaining a successful market strategy in Africa are analogous to those elsewhere in the world: choice of location, operational strategy and portfolio selection. Firstly, to really fulfill pharmaceutical opportunity potential, a strategy needs to be tailored for different areas within a large, heterogeneous market.

Secondly, contrasting to Western markets, most African markets have promising market access capabilities. This is largely demonstrated in the hurdles companies must overcome when registering, pricing and distributing their product (e.g., path to market) and in ensuring their product is available and usable by the patient (e.g., path to patient).

Finally, African markets are still poorly interpreted: statistics on medicine consumption is not methodically composed, ensuing in disjointed and sporadic data. Therefore, market companies need to work with local partners to fortify and leverage data collection to apprise the opportunity.

The African continent is sitting on a veritable non-communicable diseases time bomb with cardiovascular diseases, diabetes, obesity, cancer and smoking-related illnesses becoming increasingly prevalent. There is a huge unmet medical need on the continent, and Rwanda is no different.

The MIC has been looking at the health sector for a number of years, with a view to invest in a growing sector that is of national strategic importance. We believe Ascendis and its management team are a good fit with the company's own criteria for investing and look forward to a long and mutually beneficial relationship with Ascendis and C2C.

is it feasible to totally rely at the whiMs of foreign CoMpanies?

Dependence upon cheap Indian generic drugs is not a long-term solution to Africa’s drug shortage problem.

Planning to build more than 300 clinics across Ghana

Accra, Ghana, and Sioux falls, South dakota, USA - Honorable Kwaku Agyemang-Manu, Ghana’s minister of health, and Kelby Krabbenhoft, president and CEO of Sanford Health, jointly announced the Ministry of Health and Sanford have joined together in a public-private partnership to bring health care to millions of additional people across Ghana.

This new relationship is intended to assist the Ghanaian government in improving maternity care and reducing the infant mortality rate. This new agreement will give Sanford International Clinics the opportunity to add more than 300 clinics in Ghana by 2020 and is expected to serve 4.5 million patients annually over the same time period.

"It's encouraging to see the positive contributions that Sanford is committed to making with our health care system to complement the public sector," said Dr. Ebenezer Appiah-Denkyira, director general of Ghana Health Services.

The main focus of the public-private partnership is to improve access in peri-urban and rural areas and allow patients to access primary care services closer to home.

Kojo Taylor, president of Sanford International Clinic-Ghana, believes this new relationship will make a significant impact.

"Much of the rural population in Ghana does not have access to basic care,” said Taylor. “The addition of these clinics will greatly change the scope of health care across the nation. Thousands of families will no longer be forced to travel for basic services."

Sanford International Clinics first formed a relationship with the Ghana Ministry of Health when it opened a clinic in Cape Coast in January 2012. Since that time, Sanford has opened four additional clinics in Mankessim, Kasoa, Kojokrom and Adenta. Sanford clinics have treated more than 180,000 patients in Ghana.

“Our work with the Ministry of Health has the potential to create thousands of clinics in Ghana,” said Jim Slack, Sanford Health vice president of Sanford International Clinics. “It is our intent to give the people of Ghana greater access to physicians and health care services, and we are most appreciative of the good working relationship we have with the minister of health."

MONDAY | AUGUST 18, 2014

traVeL&touRism 07

Sky Diving. The tour is incomplete without experiencing the thrill of walking with the king of jungle- a unique adventure activity called, “Walk with the Lions” at the Casela Nature & Leisure Park, which is also, home to more than 140 varieties of birds from five different continents. Also the zip-line ride is a thrilling experience in which people are allowed to fly over from one spot to the other, through a network of zip-line cables. It is an interesting way to discover the waterfalls, forest and landscapes of Mauritius. We also have a number of 18-hole championship or international standard golf courses.

Be it a destination wedding or a perfect honeymoon destination; Mauritius fits in perfectly in both the categories. Weddings are well catered with a choice of beautiful backdrops including plantation-style homes, pristine beaches and jagged volcanic mountain ranges. There are fabulous choices of luxury hotels and resorts for people to enjoy pre and post- wedding pampering activities or just a relaxed sunset cocktail in Paradise. Mauritius is perfect destination for an exotic moment of togetherness.

It has a plethora of local and international

gastronomical delights for every taste bud. Mauritius has the combination of flavors nurtured through its people of different cultural heritages and cooking traditions. Indulge your palate to an array of wonderful local and international cuisines that include English, Indian, Creole, French, Chinese, African, etc. Most dishes generally have an extensive yet subtle use of spices such as saffron, cardamom, cloves and many different herbs.

Tourists can enjoy a large selection of gateaux’s similar to the ones found in France as well as some wonderful Indian sweets. Mauritius also is proud to claim our local beer, Phoenix, to be one of the best in the world and the world renowned Green Island Rum.

The island also offers a vibrant night-life with casinos or the Sega dances / cultural events organized in the hotels. Watch Sega, which is national dance and musical form of Mauritius. Introduced by African slaves during the French colonial period, the Sega is an exotic dance to watch and enjoy Mauritius nightlife. The region of Grand Baieand Flic-en-Flac on the West coast region has some of the most popular pubs, clubs, bars and is a paradise for nightlife lovers.

The island is loaded with historic sites, cultural diversity, geographic variation and almost limitless activities to distract you from the daily grind of beach and pool. Mauritius enjoys a relatively mild climate. Visit Mauritius where you will have your dreams fulfilled.

Mauritius is a fascinating world-in-one island slice of paradise. Its very name conjures up images of tropical

luxury and stupendous extravagance. This delightful holiday destination offers a wide array of opportunities and services niche segments such as the organization of international events, high profile Weddings, Honeymoon, Spa resorts offering high quality accommodation/services within a highly distinctive well-being package.

Mauritius offers wonderful clean beaches, brilliant coral reefs, attractive multicolored aquatic species, tropical weather and serene atmosphere. Snorkeling, Scuba Diving, Deep-Sea Fishing, Kayaking, Submarine ride, Sub-scooter ride, there is a sport for almost everyone. One should definitely opt for Under Sea walk - an unusual activity where one can actually walk on the seabed with the weighed foot or opt for world's first Underwater Sub-Scooters. Experience the thrills of Dolphins swimming with you; visit Tamarin Bay, the most famous surf site in on our western coast.

The country has a diversified range of adventures land sports which includes Quad Biking, Para-sailing, mountain biking or

Mauritius A True Holiday Destination

The island was formed as an outcome of volcanic activity in the Indian Ocean, millions of years ago.

Dodo, the national bird of Mauritius is an extinct species of a flightless bird which was a resident of this island, centuries ago. Dodos were found only on this island and nowhere else in the world.

There are no wild animals on this islands and even the species of snakes found here are not toxic in the nature.

The coral reef around the island aids to keep the ocean water temperature lower than that in the high seas and guards the tourists from attacks by sharks, jellyfish and other aquatic animals.

interesting faCts

mONDAY | AUGUST 18, 2014

taLkiNGtecHnoLoGy08

KS Unité, a conglomerate comprising internationally acclaimed brands whish are

making a mark worldwide with a complete range of specialized services to cater to the diversified requirements of its clients. An International Turnkey Consultancy in Africa is how the organization commenced operations over a decade ago and went from one successful step to another. We, with our various verticals, try to touch the important sectors and provide the best possible solutions.

The assemblage has set a bold target of creating a niche for itself in international business by focusing on resource optimization through state of art and futuristic businesss solutions. It is proud to have earned the patronage from many African countries and strived to add many more to its customer base.

Different VerticalsLESDEP

Commenced in 2010; LESDEP, a Skills Center Project, emanated from public-private partnership

WE WORK FAST, COMMUNICATE AND CONNECT FASTER

Aligning opportunities to success

Ks unite

under the patronage of relevant African ministries of vocational training, skill development, empowerment, human resource and rural development that seek to facilitate the acquisition of technical and entrepreneurial skills among youth within the country.

IndocorpIndocorp has been

incorporated as the mainline business vertical rendering Turnkey Consultancy and complete related services for Springboard Enterprises India Ltd. With head office in New Delhi, we have initiated our presence in Africa with the Ghana, West Africa branch. We are currently establishing other offices as well in the continent for operational efficiency.

Commencing operations in August, 2005, Indocorp, an ISO 9001:2000 certified company; has added milestones in its journey towards professional excellence. Our broad, interesting and varied experiences have taught

us that the only way to achieve perfection in action is to deliver the best possible solutions time and time again, no matter what the conditions are. And, this has carried us far in our endeavors. Incubator cum Training Center

& Skill Development Institutes SKD Tractor Assembly Plant Waste Management Fibre lining of wooden canoes Plastic Recycling Food Processing Fruit Juice Processing Unit Jute Bag Plant Modernizing the Fishing

IndustrySolar EnergyPorts, Harbours & Inland

WaterwaysWaste Recycling Plant

K.S.InfosystemsDedicated to deliver effective

ICT solutions at extreme peripherals, we, KS Infosystems Private Limited, the IT and Communication faction of KS Unite, have been able to gain immense accolades for providing IT, AV and security solutions to the

corporate world, governmental organizations, banking & financial industries, since 2000. Municipal Revenue Collection Telecom Revenue Monitoring Crowd Management Tourism Revenue Collection Bio-Metric & Smart CardBased

Payroll Systems ICT Hub (Computer Community

Centre) Integrated Customs Processes Vehicle Tracking Video Conferencing E-Classroom Setting up TV Station

Heal&BlissMedical Tourism is one such

aspect that is growing rapidly in India and helping the patients from other countries to attain the best facilities along with a better and improved health conditions. Therefore, Heal '&' Bliss continues to provide world class health care with the superb accommodations and thus strengthening the relations between Africa n countries and India. Heal '&' Bliss has always & continues to project sincere efforts for public health intervention so as to improve health and quality of life through the prevention and treatment of disease and other physical and mental health conditions, through surveillance of cases and the promotion of healthy behaviors. Patient referral for Medical

Tourism Setting up of Diagnostic Centres

& Hospitals Setting up of Telemedicine

Facilities

Establishing of Super Specialty Hospital

Wellness Centre

CADD CentreComputer Aided Designing,

Drafting and Manufacturing (CAD, CAM and CAE) courses are offered by CADD Centre, Rohini which is a network centre of CADD Centre, Chennai. CADD Centre offers industry specific courses in following engineering Streams:• Mechanical• Civil• Electrical• Architectural•Project Planning and Management

KS AcademyKIMMS a brand of KS Academy

is an institute with a truly global outlook. The institute provides a learning platform that promotes innovation, leadership and academic research. The institute offers an atmosphere for change, engaging in ongoing dialogue with students and companies to identify emerging strategic issues as well as research and hiring needs. There is a need to develop readily “Employable” trained and qualified manpower in various sectors of technology.

Contact Details2nd Floor,Garg Shopping Mall,Plot No. 7,8,9, Opp. Sector-11 ,Rohini Phase-II Delhi-110085 IndiaTel : +91 11 47514751,Fax: +91 11 47514752Email: info@ksgco.orgGuinea Conakry, Burkina Faso, Zimbabwe, U.A.E., Senegal, Ghana, Nigeria, Cameroon, The Gambia, Togo, Kenya, Tanzania, Niger, Zambia, DR Congo, Singapore

MONDAY | AUGUST 18, 2014

trysomethiNGNeW 09

ingredients: • 1 cup unsweetened flaked coconut • 1/4 cup caster sugar/1/4 cup superfine sugar • 3 egg yolks • 1/2 cup self-raising flour

prepration Method1. Preheat the oven to 350 degrees F

(175 degrees C). 2. In a medium bowl, mix together the coconut, sugar and

egg yolks to form a stiff dough. Squeeze into 1 inch balls, and roll each ball in flour to coat.

3. Place on a baking sheet, spacing about 2 inches apart. 4. Bake for 20 minutes in the preheated oven, or until golden.

UPCOMING

if you don’t go after what you want, you will never have it.

tHougHt oFtHe WeeK

ShukuShuku (Nigerian Coconut Balls)

Compliment your meal with this popular Nigerian dessert

african Cuisine

Renowned playback singer Asha Bhosle calling on the Prime Minister, Shri Narendra Modi, in New Delhi on August 11, 2014

grApeFruit

8 Most Interesting Facts about

1. Low in calorie2. High in fiber3. High in Vitamin C4. High in Vitamin A5. Grapefruit comes in

many colors6. The grapefruit juice

can interact with medicines

7. It’s fat free8. Grapefruits are easy

to store

THINK TaNK

Handy French1. Where is your home? Où est votre maison?

2. Honesty is the best policy. L'honnêteté est la meilleure

politique.

3. Where do you stay? Où habitez-vous?

4. you’re my best friend. Tu es mon/ma meilleur(e) ami(e).

Galleria IntimaThe Intimate Apparel Association of India (IAAI) presents the first and only sourcing event for intimate apparel in India. Galleria Intima invites professionals of the intimate apparel industry to commemorate the exuberance of sourcing in a land that is distinguished by its prevailing rich heritage and culture. Organized by IAAI, a non-profit apex body. Galleria Intima has been conceptualized to provide an all-encompassing experience of sourcing while combining domestic and international elements. Exemplifying a unique business platform, the fair will possess innate characteristics of networking, evolving and sourcing.Date: 18-19 Aug, 2014 Venue: Grand Hyatt, Goa, India

Incentive Travel and Conventions Meetings India This expo will bring Corporate Travel Managers, Destination Management Companies, Event Planners, HR and Marketing Managers under one roof. Marketing Managers, Incentive, Motivation Houses, International Associations, Meeting Planners and Travel Agents can interact and communicate with each other by attending this expo. The interaction and communication between the Marketing Managers, members of Incentive, Motivation Houses, Travel Agents and Meeting Planners will give rise to new and innovative ideas. Incentive Travel and Conventions Meetings India will bring into lime light the importance and value of travel related products and services. At the same time modern changes which are taking place in the sector of travel and tourism will also be highlighted in this event.Date: 19-21 Aug 2014 Venue: Kempinski Ambience Hotel, New Delhi, India

The Medical Technology ConferenceIt is organized by the Confederation of Indian Industry (CII). The conference will cover areas like Medical Technology Challenges & Opportunities and the way forward.Date: 20 Aug 2014 Venue: Hotel Le Meridien, New Delhi, India

The Regional Conference on Infrastructure Management It is organized by the Confederation of Indian Industry Gurgaon. The conference will cover areas like people and their capacity to change and embrace the new opportunities that emerging prospects in the economy and technology provides us to transform the business processes in our industry.Date: 20 Aug 2014Venue: ITC Maurya Sheraton Hotel, New Delhi, India

The CRN Leadership Summit It is organized by the UBM. The conference will cover areas like Multiple Networking and Interaction Opportunities for Participating Technology Companies to Achieve and Optimize Their Channel Engagement Objectives.Date: 21-23 Aug 2014Venue: ITC CHOLA HOTEL, Chennai, India

Coffee, one of the world's most popular beverages, was discovered in ethiopia, in the region of Kaffa.

ethiopia

pICTure oF THe WeeK

Crack the code! A message is hidden inside the code. Can you decode it?L4A1Q10P1Q6.. P3M2A3Q3P1P8Z6L7Q3M2Z 3P8.. L7A1P5

the message is "HaPPY iNdePeNdeNCe daY".the message can be easily decoded using a QWertY keyboard. each two characters (except Q10 for P and P10 for Q, which are three characters) represent a letter. the first character of a letter is always Q, a, Z, P, L or M, specifying which row on a QWertY keyboard the letter is on. the number preceding the letter is the position of the letter on a QWertY keyboard from left to right (in case of Q, a and Z) or from right to left (in case of P, L and M) along the row. For example, F can be represented as a4 or L6, e can be represented as Q3 or P8.

A man was found murdered on 15/8/2007 Wednesday afternoon at 12.35pm in his house. His wife called police.Police questioned everyoneWife: i was sleeping.Neighbors: We went 4 the marriage.Driver: i went to Bank.Cook: i went to Market.Watch Man: i went to My relations Marriage.Police arrested murderer immediately.

Can you tell who was the murderer?

its the driver.

actually 15/08/2007 is nothing but independence day in india, and it is a national holiday. on a national holiday all the banks are closed, so it is not possible for driver to go to the bank on that day, it means he is lying.

solve this Murder case

mONDAY | AUGUST 18, 2014

thefasHionistas10

The sudden death of renowned traditional music icon Zenobia Dukundane has sparked tributes

and a deep sense of loss in her home town of Rwamagana, Eastern Province.

Dukundane, 44, suffered a stroke on Tuesday and was rushed to King Faisal Hospital Kigali where he died three days later. Not only was she a prolific composer and musician, she was also a generous person and enjoyed working with the youth, especially teaching them traditional music and dance, mourners said at her burial in Rwamagana.

“She was passionate about traditional dance with her conversation was always peppered with anecdotes about different pieces she has made, places she had performed from, and how other musicians reacted to her work. Her whole life was dominated by traditional music,” Joseline Murekatete, one of her trainees, said in her eulogy.

“Her death has dealt a huge blow to the traditional music industry, and has specially affected the young

Woodin has launched eight new bold designs and exciting colors for a fun holiday season in Accra.

The new design, inspired by Denim Jeans, Woodin, creates the most fashionable jeans, redesigned as an exclusive adaptation of western illustration with a rich African taste.

Georgina Mensah, Marketing Manager, said designs for Jeans de Woodin come in two different weights of 100 percent cotton fabric.

Light weight fabrics are suitable for shirts, blouses, dresses and heavy weight fabrics are suitable for pants, shorts and skirts, she said.

'With Jeans de Woodin, we celebrate a new movement in African fashion. A movement that breaks rules, lives on the edge and makes bold choices,' Mrs. Mensah explained.

She added that Woodin was capturing the optimism of the modern African lifestyle, designs trendy African prints for men and women who are young at heart.

It is the first Pan-African print brand by and for Africa, and have worked since 1985 to connect global trends to modern African life, transforming ethnic symbols into modern African designs.

Modern Ghana

Woodin launches 'Jeans de Woodin'

Miss tourism nairobi County pageant launchedEfforts to promote sustainable tourism in Nairobi County will be achieved through the launch of the Miss Tourism Nairobi County Pageant.

This initiative will be rolled out to other counties across the country with the aim of making Kenya a competitive global tourist destination with a wide range of attractions.

Nairobi County Executive Committee Member, Trade, Industry, Co-operative Development and Tourism, Annah Othoro says the Nairobi pageant which targets over 3,000 female contestants aged between 21 and 28 will see the winner branded Ambassador of Nairobi Tourism.

“We decided that this is something that we wanted to support to be able to make sure that we get the right

Late Zenobia Dukundane

Zenobia Dukundane; the passing of a legend

people who have been learning from her. For years she has taught the youth particularly in Rwamagana about Rwandan culture and music. She is such an irreplaceable household name,” Murekatete added.

Andrea Karasira, the husband to the deceased, said that Dukundane had dedicated her life to exploring, performing, and teaching traditional Rwandan music to the youth. “As a husband, I always supported her dream and it was encouraging to see the passion with which she did her work. Her dream was to sustain the Rwandan culture through music and dance”.

“Although she still wanted to do more, I’m confident that she managed to do most of her work before her untimely passing,” he said at the burial.

Nehemie Uwimana, the Mayor of Rwamagana District, told mourners that Dukundane’s death was a big loss to the country. “We join her former colleagues in the traditional music community, her family, friends and the rest of the community in mourning her

death. She has left behind a lasting legacy,” he said.

Uwimana said the late Dukundane used her talent to promote Rwandan culture by teaching traditional songs to the young and regularly visiting dancing troupes in different parts of the country to support help them in their work.

“It is a great loss indeed. We need to carry on with her cause and assist the youth she was training in her cultural troupe. As leaders, we will do all we can in this regard,” the mayor added.

Born in 1970, Dukundane started dancing while in secondary school. She later joined Garukurebe traditional dancing group led by Ranguida Mukantabana in the early 1980s. She took over leadership of the group after the death of Mukantabana. She is survived by her husband and two children. She was laid to rest yesterday in Rwamagana. Dukundane will be remembered for such songs as Garuka urebe, Indatwa, Rwanda warahogoye, and Bavandimwe Banyarwanda

New Times

girls saying the right stories about each of our different counties in Kenya. But there is so much more if you look at all the counties, we need to start talking about them positively; that is what the girls will begin to do! They will become the ambassador of their respective counties,” she said.

“As you may recall, the national blueprint Vision 2030 identifies the tourism sector as one of the key economic pillars. As a county government, we are also keen to contribute towards growth of the sector.” Patron of Miss Tourism Kenya Catherine Mueke says the pageant is guided by the need to continuously improve the livelihood of young women in Nairobi through various activities including promotion of tourism. Mueke says the pageant will provide the seventeen semi-

finalists with the opportunity of attachments to local companies and at the same time attain leadership training and knowledge.

“Miss Tourism Nairobi shall help Nairobi in ensuring that it creates awareness of what goes on in Nairobi as a country in terms of tourism. She will be our brand for our tourism product, she will be able to tour other counties as she sells Nairobi because we are not only targeting international tourist but also domestic tourists,” she said.

“Contestants will be attached to companies where they will be expected to participate in the company’s forums, to socialise as well as add value to the forums in terms of ideas, discussions and labour outputs.”

Eturbo News

MONDAY | AUGUST 18, 2014

sPorts2WatCh 11

Gourcuff

Junior handball teams off to Kampala for Challenge CupRwanda national junior handball men and women’s teams depart for Kampala, Uganda ahead of the U-20 IHF/CAHB Zone Five B Challenge Cup set for August 15-22.

The winners in both categories will earn qualification for the Africa Junior Championships 2015, even as host country and dates have not yet been confirmed.

The week-long competition will attract six nations, namely; Burundi, Kenya, Rwanda, South Sudan, Tanzania, and hosts Uganda.

Rwanda will be making its fifth appearance.

The boys’ team head coach Antoine Ntabanganyimana said

New Algeria coach Gourcuff puts pen to paper

rayon Sports sign Togo striker Zico

The Algerian Football Federation announced in a statement that Gourcuff had

signed "a contract with objectives including the Africa Cup of Nations in 2015 and 2017 and the 2018 World Cup."

Former Lorient coach Gourcuff, 59, will also coach the A team, made up exclusively of locally-based players.

Rayon Sports completed the signing of Togo striker Sekle Yao Zico from Togolese league side Angeis ahead of the 2014 Cecafa Kagame Cup, which gets underway in Kigali.

The Blues, who have won the regional tournament once – in 1998 –, are in Group A, and start their campaign against Tanzanian champions Azam.

The game kicks off 3p.m at Amahoro stadium.

Zico, the fourth player to be signed by new coach Jean Francois Losciuto, penned a two-year contract for an undisclosed fee, in time for the two-week tournament.

Zico is seen as a good replacement for Cedric Amissi, who joined Mozambique’s side Chibuto FC in May.

The Nyanza-based team has also signed Congolese midfielder Gobe Muntombo from Espoir, Cameroonian Bertrand Issa from Mukura, and James Tubane from AS Kigali.

“Zico is a very good player who I know very well because I coached him at Angeis. He will be in the Cecafa squad and I hope he will bring something special to the team,” the Belgian told Times

He will work alongside former Algeria captain Yazid Mansouri, who played under Gourcuff at Lorient and has now been named as his country's general manager.

Gourcuff will be under pressure to live up to the achievements of Halilhodzic, who led the north African nation to an historic appearance in the last 16 at the recent World Cup in Brazil, where they only lost 2-1 after extra time to eventual winners Germany.

Former Yugoslavia player Halilhodzic took over as Algeria coach in 2011 but refused to sign a new deal.

Gourcuff stepped down as Lorient coach at the end of last season, ending a 25-year association with the Brittany club over three spells in which he took the team from the regional leagues and eventually established them in Ligue 1.

Algeria News

Sport. Losciuto, who signed a one-

year contract with Rayon Sports a fortnight ago, added: “We are ready for the tournament, we have been preparing well and players are focused on the first game.”

Asked if Zico will feature in the game against Azam, he said: “I cannot tell right now because we have many good players but we will see, we hope to get a good result against Azam,” Losciuto added.

Zico said he was happy to join

his new club. “I have come here to help Rayon Sports and I believe I can help the team do better, I hope to give everything I can to make the team better and we need the support of fans to achieve our goals.”

Rayon Sports are also looking to sign another midfielder from Togo, Guelli Koffi. “We are waiting for him to arrive in the country next week (on Wednesday) and then we will give full details regarding his status,” Losciuto revealed.

New Times

their target is to win the tournament and qualify for the continental championships.

He told Times Sport that the players are in good spirit and determined to return home with the Challenge trophy.

Men’s team:Jackson Uwimana (Police HC),

Samuel Bananimana (ES Kigoma), Zachée Tuyishime (College de Gisenyi), Martin Nshutiyimana (ES Kigoma), Jean Baptiste Habimana (Police HC), Innocent Kwizera (Gicumbi), Jean Nepomscene Niyishaka (GS St Aloys), Emmanuel Murwanashyaka of ES Kigoma.

Others are: Emile Giraneza

(Gicumbi), Modetse Ifashwanayo (Gicumbi), Jean Paul Muhawenimana (ES Kigoma), Alexis Nshimiyimana (ES Kigoma), Shaffy Niyonkuru (ES Kigoma) and Haruna Bizimana of Police Handball Club.

Girls’ team:Bernadette Niyonizera, Ester

Dushimimana, Bernadette Mukandahimana, Pascasie Mukamana, Marie Niyonsenga, Sarah Manizabayo, Rose Ibyishaka, Marie Rose Twunvikane.

Others; Betty Nyirarukundo, Jacky Nyirandagijimana, Rose Irankunda, Adeline Giramahoro, Aline Umugwaneza and Lucie Umuhoza.

All Africa

mONDAY | AUGUST 18, 2014

eNCouNteR WitH eDitor12

Owner / Publisher / Editor: Mr. Kirit Sobti from 3rd Floor, Plot No. 3, Block PSP-IV, Service Centre Opp. Sector-11 (Extn.), Rohini, Delhi-85Printed at LIPEE SCAN PVT. LTD. 89 DSIDC SHED Okhala Phase 1, New Delhi

What is the vision and mission statement of the Seychelles Chambers of Commerce and Industry?

The chamber’s sole focus is on developing and treasuring Seychelles economic society and adhering to policies in regard to equal distribution of wealth among the population enabling everyone to taste the pie. Thus, as a chain of commerce we assist big and small entrepreneurs supporting them to mark their foothold in the race of competitive market of Seychelles.

How do you wish to promote the services of chamber worldwide?

No doubt, the chamber is delineated with roles and responsibilities making it a center of contact to the business world. Our sole focus is to promote Seychelles’ business environment among our member businessmen along with other chambers inside and outside. Further, to mark regularity and development in commerce, we have signed various Memorandum of Understanding (MoU) with distinct chambers around the world as we believe that new and established businesses must prosper.

The efficacy of incentives is usually considered as an important determinant for attracting FDI in a country.

We bestow our foreign investors with free zone, thus facilitating

investors to set up operations in the country and get tax incentives of the free zone i.e. zero corporate tax. We don’t have any foreign exchange restrictions, providing investors the freedom to get in and out of Seychelles anytime desired.

What are the specific benefits being provided by the Chamber to its

members?

We organize training sessions and seminars for our members. We believe in empowerment of businessmen so as to benefit them and the country. We have numerous tie-ups with companies

to whom we provide special discounts. Not to mention, the Chamber acts as a lobby among the government and private sector; benefitting the economy by being at middle ground level.

Would you like to highlight the specific sectors in which you seek to have foreign investments?

Our President H.E. Mr. James Michel has always put into limelight the concept of ‘Blue Economy’ as we are being surrounded by sea thus accrediting us with lot of investments and opportunities in the fishery sector. The fishery sector is being enhanced with fishing fields and value adding fish processing plants thus getting real money into Seychelles.

How about the financial stability of the country?

Seychelles is a very stable country, although we faced some problems in 2008. Today, we are proud to share with you that IMF is inviting Seychelles all over the world, as an example for other countries who are going through financial difficulties, to talk to them and share our experience. So I can say that Seychelles today is ready, and this is due to the fact that the government has regular dialogues with private sector.

What would be your last call for the Indian private Sector?

Do not look at the size of Seychelles but look at opportunities that are within Africa. Come to Seychelles look at the markets, analyze, come and do business.

Seychelles well designated as another world and a paradise on earth possess in its kitty a pool of investment opportunities. Stable country, fruitful fishery sector, expanding economy and terrific

tourism are the various assets of the country that attract foreign investors from all over the world. In an exclusive interview to Indo Africa Times, Mr. Marco Francis, Chairman of Seychelles Chamber

of Commerce & Industry limelighted the earnest endeavours of the chamber highlighting the opportune opportunities, large markets and Seychelles booming business environment.

"we don’t have any foreign exchange restrictions"

Marco Francis Chairman, Seychelles Chamber of Commerce and Industry,Republic of Seychelles

MONDAY | AUGUST 18, 2014