Moladi - low cost housing construction

Moladi is utilizing a unique plastic injection molded technology to produce cast-in-place mortar structures. The process allows unskilled laborers to use indigenous materials to quickly and cheaply construct high standard permanent buildings that are earthquake, cyclone and tsunami resistant. With the intended purpose of "housing the nations", the construction technology addresses four key challenges embodied in the low cost housing shortages facing developing countries, namely: lack of resources, insufficient funds, shortage of skills, and time constraints.

Jatropha Africa

Jatropha Africa-Ghana, is a Bio Diesel Feedstock Company. Commercial activities include; growing seedlings, contract planting, harvesting and selling oil seed as feedstock to bio diesel companies and farmers.

Their vision is to provide a leading position amongst the Jatropha growers of Africa and as a provider of high quality Jatropha Seeds and Oil to customers around the world.

Eden campus - Africa's first green business school

Here is a video about Eden Campus, Africa's First Green Business School.

Watch Africa cup of nations online on your pc

Watch the Africa Cup of Nations right on your PC. It is not free, but priced favorably.

Sonangol Oil - Angola

Sonangol oil is a parastatal (a partially state-owned corporation or government agency) that oversees petroleum and natural gas production in Angola. The group has many subsidiaries. The subsidiaries generally have Sonangol as a primary client, along with other corporate, commercial and individual clients. Angola is estimated to have over 5 billion barrels of offshore and coastal petroleum reserves, and new discoveries are outpacing consumption by a 5 to 1 ratio.

South African women growing organic food

The women in the the Fezeka community in Gugulethu, South Africa are growing organic foods and selling them at market prices. Each women has her own plot, on which she grows food for herself, her family and her neighbours. In the middle of the private plots is a communal plot, on which the women grow vegetables which they sell, sharing the profits.

South Africa - Cellphone helps reduce irrigation costs

By: Fidelis Zvomuya, AfricaNews reporter in Pretoria, South Africa, photo: Martha Piqueras

Small scale sugar cane farmers in South Africa have managed to potentially reduce their direct irrigation costs by US$300 per hectare thanks to the use of a high cellphone technology system that is providing them with practical, real up to date information about when to irrigate their crops.

The system called My Canesim employs automatic weather stations, the internet and cellular technology that uses a newly formulated concept, dynamic depletion level to manage irrigation on large fields allowing spatial and temporal extrapolation of point simulations to other parts of the field and to future days within an irrigation cycle.

Read More

Gazprom plans Africa gas grab

The Russians are challenging Western oil companies by holding talks with African countries for energy partnerships. To the chagrin of the European Union, the Europeans are opposing any Russian state-owned dominance that could choke Europe's thirst for energy.

Financial Times

By Matthew Green in Abuja and Catherine Belton in Moscow


Gazprom, Russia’s state-owned energy group, is seeking to win access to vast energy reserves in Nigeria in a move that will heighten concerns among western governments over its increasingly powerful grip on gas supplies to Europe.

A senior Nigerian oil industry official, who declined to be named, said the company was offering to invest in energy infrastructure in return for the chance to develop some of the biggest gas deposits in the world.

Read more

AVCA - Africa venture capital association

AVCA is a not-for-profit entity founded to promote, develop and stimulate private equity and venture capital in Africa. AVCA is committed to promoting high ethical standards of business conduct and professional competence in the private equity and venture capital industries.

Full Membership is open to private equity and venture capital firms and persons active in making equity investments and whose main business is carried out in Africa.

Tradenet - commodity pricing via sms in Africa

Tradenet allows users to sign-up for SMS alerts for whatever commodities and areas they are interested in. Users can request prices which are provided in realtime on the network from many market enumerators that are active throughout 380 markets spread across the continent. Users can also indicate their areas of business and receive instant SMS alerts for offers to buy or sell as soon as anyone else on the network has submitted an offer via their mobile.

The service online allows analysts to plot trends of historical price data comparing markets and commodities. Countries can add international commodity prices, and generate special market reports that can be printed and pasted in local cybercafes and community markets. Individual users can setup their own free website with their own custom internet address to advertise their goods and offers. And farmer and producer groups can setup free websites to manage all these services and content for their members.

The African continent just launched a satellite that will make telecommunications in Africa cheaper, and reliant.

From Africa News

The Rascom-QAF1 satellite has a particular importance for the African countries because it will make it possible for these populations to benefit from broadband communications services. The Rascom system will provide an expanded range of value-added services to all African countries that will be using the system, which will include:


Large-scale, low-cost telecom services in rural areas, based on the use of appropriate technologies;
Inter-urban links in each member-country;
Direct international links between all member-countries;
Direct TV broadcast and Internet access services;
Value-added broadband services.

The African rural and urban areas will be thus equipped with a key infrastructure enabling to deliver communication services to everyone, at very low cost. The satellite-based solutions are particularly adapted to match this type of requirements by ensuring a broad geographic coverage at a cost for connection among the weakest. This program illustrates the common willingness of the African countries to reduce the digital divide and make telecommunications a powerful socio-economic development lever.

Read More

Dura Plast Liberia

Dura Plast (Liberia) Inc are the pioneer manufacturer of Plastic Products in Liberia.

It produces:

» Poly Tanks (Water Tanks)

» Rigid PVC Pipes

» Pipe Fittings

» Waste Bins

» Other Plastic Products

Uranium exploration in Africa by country

Interesting article about Uranium exploration in Africa. With the focus on clean-fuel and renewable resources, uranium is becoming the hot commodity for nuclear energy.

December 26, 2007

LUSAKA, Zambia—Rising interest in nuclear power and high uranium prices have led to new uranium exploration and mining across southern Africa, home to the uranium-rich Karoo Basin. Here's a glance at some of the countries attracting attention.

Read more

Africa momentum for 2008 and beyond

2007 was a banner year for Africa, Africa enjoyed unprecedented growth in telecommunications, financials, and consumer products. No longer does Africa have to depend on the west for trade or aid. Africa now, more than ever has many opportunities for trade with other emerging markets.

For the first time ever, emerging markets are collaborating, partnering and sharing intellectual ideas. The Brazilians are collaborating with Africans in ethanol and other Biofuels, Indians and Chinese are buying world renown brands (ex. Lenovo, Jaguar/Land Rover). India outsourcing providers are building BPO capacity in Africa. The Chinese are building massive infrastructure projects all over the continent.

10 years ago the West mainly dictated how the world ran. The world's major currency was the dollar, and the major financial and commodity markets were only in New York, Chicago, London, and Tokyo. 10 years later we have Asian/Middle eastern markets providing capital infusion to the west. Also, Kuala lumpur, New Delhi, Beijing, Abu Dhabi, Lagos, Accra, Nairobi, and others are becoming the new financial cities.

Despite Africa's great success in 2007, how can it grow in 2008 and beyond? That answer lies in trade and partnerships. Emerging markets have mainly grown because they are providing services and resources to wealthier markets; mostly US and Europe. There will be a time when some services and products from Brazil, Russia, India, and China (BRIC countries) become too expensive to produce or service. Africa has to position itself to cater to these BRIC's, and other world markets.

India is facing a turnover and quality problems with it's BPO sector. Many Indian outsourcers are starting to build capacity in Africa. Everyone knows China is taking resources from Africa back to China for finished products then selling it back to Africans. The Chinese are starting to realize it's cheaper to make finished products in Africa then shipping them from China. Also, the Russians, Middle Easterners and many private equity players are looking at investments in Africa.

Despite the mortgage crisis that is effecting the west; this could be an opportune time for investment in many emerging markets. Pension funds, mutual funds and insurance funds that invested in mortgage back securities got burnt and will keep getting burnt until they liquidate their holdings in these securities. Some are investing their monies in emerging markets, and I'm sure some are looking at Africa for investment.

Alwaleed-backed fund to invest $500m in Africa

JOHANNESBURG —A private equity fund whose biggest investor is Saudi billionaire Prince Alwaleed bin Talal is raising funds to invest $500 million throughout Africa.

The fund — Pan-African Investment Partners II — aims to ride on the back of strong economic growth on a continent where private equity has made much fewer inroads than in Europe and the United States, a top official of the fund said yesterday.

Read More

Gbenga Odujinrin - Telnet Nigeria

Gbenga Odujinrin is Group Managing Director of TELNET Nigeria Limited. Gbenga, spoke at IBM GIO about Telnet and growth opportunities in the Nigeria economy.

Practice Ventures Limited - maker of medical equipment

Practice Ventures Limited (PVL) is a UK based company (Incorporated 1996), registered also in Nigeria, and is involved with the development and advancement of the healthcare industry, with emphasis on education and training.

Practice Ventures (UK) Ltd along with its affiliate, Prime Technology Medical Ventures (Nigeria) Ltd, has established itself as a trusted, reliable and successful provider of specialist, and non-specialist medical and healthcare equipment as well as localised medical education and training. The company has differentiated itself to customers not only as a trusted supplier of medical equipment, but more importantly as a genuine partner in advancing the long-term health needs of the local populations served by these customers. Practice Ventures has thereby developed an enviable reputation for effectiveness and gained the confidence of leading healthcare institutions in Nigeria.

Divine Chocolate - farmer owned fair trade company

Divine chocolate is a marketer of fair trade African chocolate. It is owned by Kuapa Kokoo, a co-op of farmers in Ghana.

Kuapa Kokoo consists of:

• Kuapa Kokoo Farmers Union – a democratic organization of smallholder farmers run for the benefit of its members. Farmers are organized into village societies, area levels and then at a national level with farmers electing representatives at each level and with significant participation of women.
• Kuapa Kokoo Ltd – the trading arm of the farmers union
• Kuapa Kokoo Farmers Trust – the body that oversees the distribution of Fair Trade premiums for community projects
• Kuapa Kokoo Credit Union – providing credit and banking services to the farmers of Kuapa Kokoo

Ghana Cocoa Marketing Company

The Ghana Cocoa Marketing Company (UK) Limited is a wholly owned subsidiary of Cocoa Marketing Company (Gh) Limited (CMC), a subsidiary of Ghana Cocoa Board.

The company’s primary business is to support Trade, Logistics and Financing activities of the parent company. We inter-phase between our cherished customers and the CMC / Ghana Cocoa Board to facilitate international cocoa business. We also represent Ghana on International Commodity Bodies such as International Cocoa Organization (ICCO), International Coffee Organisation (ICO) and Federation of Cocoa Commerce Limited in London.

Dubai World investing in Rwanda tourism

Dubai to invest $230 million in Rwanda tourism

State-owned enterprise Dubai World to build eight tourism facilities in Rwanda.

NAIROBI - Dubai World, a state-owned enterprise, said Thursday it will invest 230 million dollars in Rwanda's tourism sector.

Through its investment arm, Istithmar Real Estate, Dubai World will build eight tourism facilities in the tiny east African country, including luxury hotels and lodges in national parks as well as golf courses and villas.

It will put up an 60-room lodge in the Akarega National Park, east of the capital, and a five-star tented camp in the Volcanoes National Park, home to hundreds of rare mountain gorillas.

Read More Here

Rwanda Coffee company - Thousand Hills

Thousand Hills Coffee Company, LLC was formed to supply the United States with quality Arabica coffee from Rwanda and to help subsidize and promote the Rwanda Middle School Project sponsored by the Paraclete Foundation of South Boston, Massachusetts.

Esv Group - Biofuels

ESV Group Plc was established to build a substantial biofuels farming business to supply feedstock to the biofuels industry. Its immediate strategy is to build on its existing business interests in farming and logistics in Ukraine and the transhipment of grain from the region. The Group has a highly experienced team in place, both in the UK and Ukraine, with extensive knowledge and relationships across the agri-business markets. ESV has also recently acquired 11,000 hectares with the aim of developing a substantial Jatropha growing business in Southern Africa.

Artee Group of companies

Today, Artee Group has ventured and succeeded in three major areas namely, manufacturing, wholesale trading/distribution and retailing completing the cycle of producing quality products and delivering them to the customers.

Brands and operations include

Supermarket & Department Stores
Park 'n' Shop, founded in 1988, has become a household name in modern shopping. Its strength lies in its spread and excellent commitment to quality service & delivery. Today there are nine outlets strategically located in different parts of the country.

Food Processing
Cakes 'n' Bakes, the Food Processing Division of Artee Group is a recognized name specially known for its Freshly Baked Products, different varieties of Bread, Cakes and Pastries which are of international standard. Our highly skilled Chefs, Bakers and Patissieres have continued to exhibit high innovative skills to the delight of our customers.

Furniture/Light Fittings
Millennia Interiors is another highly creative and innovative division of the Artee Group. This division produces first class home and office furniture of various designs and specifications in its factory located in Nigeria and also imports designer furniture.

Trading
Artee Group are Manufacturers' Representative/Importers for many renowned names in USA, Europe and the U.K. With many companies, we are their sole selling agents in west Africa and for other companies, we are the dealers in Nigeria. A few brands to say are Philips, Moulinex, GE Appliances, Canon Photo & Video, Olympus, REMIA.

Distribution
Most of the over 25,000 product lines stocked and sold are imported by our Import and Wholesale Division which distributes the products to our various outlets and also sells to other customers from our warehouses which are strategically located around the country for quick response to orders. Our warehouses range from 40,000 sq ft to 200,000 square feet, with the state of the art equipments which includes lifters, trolleys, conveyers

Mineral Water Processing
In the manufacturing arena, Artee Industries is into Forward integration, From Pet to Water, Juices and then to juices. The brand ‘Cascade’ has taken a major market share in Mineral Water. “Cascade" natural mineral water is the solution to contamination-free drinking water. "Cascade" has been drawn from a deep spring and processed through a 14-stage world class filtration system and further ozonised to give you 100% pure and healthy water. "Cascade" water processing plant is run by the most efficient professionals, who are expert with vast experience in this field.

Cemya Group of companies

Cemya is a Nigerian Group of companies involved in Medical Supplies, Training and Turn-Key Projects in the Medical Field. They are into supplies of Laboratory Equipments and Pharmaceuticals. Are exporters of Agricultural products from Africa.

CEMYA GROUP is a group comprising of:

•	Cemya Medical
•	Cemya Enterprises
•	Cemya Harvests
•	Cemya IT
•	Cemya Trade
•	ABJ-Cemya

Sameer tire company

Sameer Africa Limited, formerly under the name Firestone East Africa 1969 Ltd, was established in Kenya in 1969 as a joint venture between Firestone Tyre and Rubber Company of the USA and the Government of Kenya with the aim of producing tyres for the Kenyan and the East African market. The initial production capacity in 1971 was only 400 tyres per day. In 1985 Firestone Tyre & Rubber Company sold a significant part of their shareholding to Sameer Investments Limited, a Kenyan company. In 1988 when Bridgestone Corporation purchased Firestone Tyre & Rubber Company worldwide, Sameer Investments retained its shareholding in the local outfit. The company got listed in the Nairobi Stock Exchange in 1995, enabling other local investors to buy equity in the company.


The corporate identity changed to Sameer Africa Limited in April 2005 after a successful renegotiation of the technical and management contract with Bridgestone Corporation Japan. This change created an independent tyre producer based in Kenya and aiming to supply the East African and the COMESA markets. The current focus is on growing the export business to take advantage of the favourable tariffs within the region.

The production capacity has grown over the years to the current level of approximately 2,500 tyres per day, with an actual production of more than 500,000 tyres per year consistently over the last few years. This capacity is already being increased further to 4,000 tyres per day over the next one year. This production, which has been technologically backed by Bridgestone & Firestone Corporation over the years has enabled Kenyan local engineers acquire cutting-edge comprehensive tyre making skills and techniques of global repute.

Euvin Naidoo article from Knowledge @ Wharton

Courtesy of White African

Interesting article from Knowledge @ Wharton about TED's own Euvin Naidoo a South African transplant living in New York City.


From Knowledge @ Wharton

Africa's stunning lack of basic services, such as electrical and telephone grids and Internet connectivity, might cause many to despair, but Euvin Naidoo -- a leading advocate for Western investment in the underdeveloped continent -- looks at the map and sees something different: hope.

Naidoo, president and CEO of the South African Chamber of Commerce in America, noted that with the world pushing for alternative sources of energy such as windmills or geothermal power, it will be easier to develop and implement these new technologies from scratch in Africa than to impose them on the entrenched power grid in the West. "The key about disruptive technology is that it really has a chance to innovate at the base of the pyramid," Naidoo said in his keynote address at the 15^th annual Wharton Africa Business Forum. "The base of the pyramid is the bottom -- the millions who are underserved."

George Ayittey speech at World Affairs council in Houston

George and Bono at TED

George Ayittey has coined the term "Cheetah generation" for those who want progressive and sustainable change in Africa. George also believes cheetah's are not blinded by government corruption or coercion.

George goes into great detail about corruption and African economics in his speech he delivered at World Affairs council in Houston.

Watch his speech here

TED William Kamkwamba profiled on Wall Street Journal

TED fellow William Kamkwamba is profiled on the Wall Street Journal. William Kamkwamba is a self-taught engineer who built a windmill from an American text book he found lying around. Not only did this windmill work, it powered electricity in his village home.

The whole TED community is proud to see William Kamkwamba progressing so much. William Kamkwamba will be in the states next week.

Please read more here

EU - Africa summit

The EU - Africa summit just concluded with really no progress on trade and other issues effecting both Europe and Africa. However, unlike other summits the African leaders were united and succinct. No longer are the days of bulling and telling African leaders what to do and whom they should work with. Today, Africa has many interested players wanting her resources and these resources are in high demand.

Besides the trade issues, many Africans believe political issues should be handled by Africans themselves.

Read more about the summit

Serena Hotels

Operating under the “Serena” brand name, Tourism Promotion Services owns and manages fifteen hotels in East Africa and Asia. TPS’s first hotel ventures were established in the 1970s in Kenya, where Serena safari lodges and hotels have come to be recognized as leaders for the quality of their services, architecture and ecological responsibility.

Since the early 1980s TPS has also owned and managed hotels in the mountainous north of Pakistan and has built Serena hotels in Faisalabad and Quetta. These hotels aim to provide a showcase and a stimulus for local architectural traditions and crafts, as well as accommodation in underserved regional centres. In its most recent phase of development, TPS’s Kenyan holding company (TPS Limited) has floated its shares on the Nairobi Stock Exchange. TPS is also pursuing growth opportunities elsewhere in Eastern Africa, in Pakistan and in Central Asia.

Can Greed Save Africa?

One of my favorite movies of all time is Wall Street, starred by Michael Douglas. Wall Street is a movie that embraces and rewards greed, despite the fact that this movie break all business rules and ethics. In the movie, Michael Douglas proclaims, "greed is good". The word greed usually has a negative connotation associated with it. In this case, Businesss Week's article, "Can greed save Africa" raises some important points and begs the question will capitalism embrace growth in Africa? In Africa's case, many international investors are flocking to the continent looking at great bargains.

The article talks a little about the illiquid markets and how hard it is for some investors to buy large block of stocks or assets because of the bureaucratic or slow banking sectors on the continent. I remember many investors were saying the same thing about South America in the early 90's. Now, Brazil and other South American economies are enjoying unprecedented growth. Despite all of this, many are still finding great bargains and opportunities all over Africa.

Many institutional investors who have read this article or this blog are going to kick themselves if they don't invest now. The fact is, in 5-10 years there will be more competition to buy or invest in assets in Africa. Africa, now more then ever, has greater choices for trade and investment. We don't have to go begging to our European masters, we can partner with up and coming emerging markets like; India, China, and Brazil.

This article is an important shift in the way the international investors are looking at the new and promising opportunities in Africa.

Africa Web 2.0 - Erik Hersman

Here is an interesting collage of African Web 2.o sites. This is courtesy of my friend Erik Hersman A.K.A "White African" or "Hash".

Announcing TEDAfrica 2008!

From the TED Blog

Chris Anderson and Emeka Okafor write:

We're delighted to tell you that there will be another TED conference in Africa next year, and that we hope to make it an annual event on the continent!

TEDAfrica will be held in Cape Town, South Africa, September 29-October 1, 2008 (save the date!), and will follow the format of this year's TEDGlobal conference in Arusha, Tanzania.

The conference will be organized by a wonderful local team, including TED Fellow Kelo Kubu, and the conference will be operated out of a new South Africa-based nonprofit organization devoted to promoting a better future for the continent, the TEDAfrica Foundation. TED will be supporting the foundation both financially and logistically, to help ensure that the event maintains and builds on the quality and success of the Arusha event.

We hope to see you in Cape Town!

And team member Kelo Kubu writes:

It has been an honor and a privilege to be part of the TEDAfrica process . The team is naturally excited to be hosting TEDAfrica 2008, and we look forward to the challenge of generating the usual TED cocktail of inspiration and magic. The task is undoubtedly a daunting one, but Africa provides the perfect platform and Cape Town the ideal location for yet another memorable event.

We look forward to welcoming the world to the southernmost tip of Africa to share, spread and nurture groundbreaking ideas that could open new possibilities to growth and prosperity on the continent.

Western Union And GSMA To Create New Global Mobile Money Transfer Service

18th October 2007: New York: The GSM Association (GSMA), a global trade association representing over 700 GSM mobile phone operators, and The Western Union Company (NYSE:WU), a global leader in money-transfer services, today announced an agreement to facilitate the development of cross-border mobile money transfer services.

Western Union and the GSMA are developing a commercial and technical framework that mobile operators can use to deploy services that enable consumers to send and receive low-denomination, high frequency money transfers using their mobile phones. The first commercial services that make use of the framework are anticipated to be rolled out beginning in the second quarter of 2008.

The framework forms a key element of both Western Union's mobile strategy and the GSMA's Mobile Money Transfer program which aims to use the reach and ease of mobile money transfer services to expand the mobile financial services market and stimulate social and economic development. Mobile money transfer services will make it simple, quick and affordable for more people to send small amounts of money through a conventional and regulated system. Both Western Union and the GSMA believe there is an opportunity to create and grow a large new market for low denomination transfers.

Read More

Ghana Association of Software and IT Services Companies - GASSCOM

The Ghana Association of Software and IT Services Companies (GASSCOM) is Ghana’s premier trade association for the IT software and services industry. GASSCOM is registered as a non-profit company limited by guarantee under company’s code of the Republic of Ghana.

GASSCOM's member companies are in the business of software development, software services, IT-enabled/BPO services and e-commerce.

GASSCOM was set up to facilitate business and trade in software and services and be a strong advocate in soliciting government and other public sector support and encourage the advancement of the industry as a key and strategic sector for the growth of the Ghanaian economy in the next millennium.

China to build EA state $10m car assembly plant

By BENON HERBERT OLUKA
Special Correspondent

Uganda will start assembling vehicles and motorcycles in January 2008 in a joint venture that will see the Chinese government and Chinese automobile manufacturer, Geely International play a crucial role.

The three have formed MFK Corporation to run the project, for which the government will provide the enabling environment while the Chinese will provide the technical expertise.

Uganda will be the third country in East Africa to have an automobile assembly plant after Kenya and Tanzania.

Read more

TeleTech Expands Global BPO Footprint Into South Africa

ENGLEWOOD, CO -- (Market Wire - Nov 26, 2007) - TeleTech Expands Global Footprint Into South Africa New Facility to Support Growing Need for Global Outsourcing Distribution Source.


TeleTech Holdings, Inc. (NASDAQ: TTEC), one of the largest and most geographically diverse global providers of business process outsourcing (BPO) solutions, today announced its expansion into South Africa, further broadening its global sourcing platform to encompass six continents. Today, TeleTech began construction on its first facility on the African continent. Ground was broken at the Old Match Factory in Salt River, Cape Town, at a ceremony attended by major officials from the South Africa government. The Cape Town facility is scheduled to commence operations later this year.


As a new investor to South Africa, TeleTech is the first multinational company to benefit from a new investment incentive plan launched by the South African Department of Trade & Industry, which has targeted the international business process outsourcing industry as a major future source of employment.

TeleTech plans to build a number of new facilities in South Africa and in other African countries, creating thousands of new jobs to serve global clients seeking multiple levels of front- and back-office support.

Celsys Limited

Celsys Limited, which listed on the Zimbabwe Stock Exchange in 2003, incorporates four divisions: Celsys comms, Celsys print , Celsys IT and Celsys marketing. The company was formed in 2002 to facilitate the further expansion of the communications technology group which initially started as Cellular Systems in 1996. The group incorporates security printing, airtime recharge cards, computer security, automated teller machines, community pay phones, cell phone sales, online marketing and related communication technologies.

Management’s ability to identify new business opportunities and grow those businesses, even in a difficult economic environment, has ensured that the Company remains competitive. Growth has been achieved through innovative products and aggressive sales strategies.

Oil is giving wealth to emerging markets

The price of oil has always been high, now oil is trading close to $100 a barrel. Many African countries are looking at this new revenue source with opened arms and hopes that it will bring growth into other sectors.

Many are taking note of emerging markets new found wealth.


Oil spike redistributes wealth
November 18, 2007

By Steven Mufson

Washington - High oil prices are fuelling one of the biggest transfers of wealth in history. Oil consumers have pumped more than $2 trillion (R13.3 trillion) into the coffers of oil companies and oil-producing nations this year alone. Every day they are paying between $4 billion and $5 billion more for crude oil than they did five years ago.

Read more

Lonrho group of companies

LONRHO is a pan-African company with a diverse portfolio of investments focusing on Africa. Its investments range from primary infrastructure to transportation, support services, hotels and leisure and natural resources.

The Company is focused on servicing Western investment and African business by investing in emerging sectors across Africa, creating hubs of business through key investments.

Lonrho is re-establishing a significant presence on the African Continent through strategic investments across sectors in fast-growing African economies.

Heritage Link Wines

Harvard MBAs Selena and Khary Cuffe wanted to give black wine producers a better chance to thrive. The result - Heritage Link Brands. Not many people know that South Africa has a $3 billion wine industry. Even fewer know that only 1.5 percent of that industry is owned by blacks.

Heritage Link Brands showcases indigenous wine producers who represent a variety of cultivars from across the continent, with a focus on Africa’s most developed winelands in South Africa. South African wine is now the U.S.'s ninth largest wine import. Heritage Link hopes to improve these statistics by “linking” U.S. wine consumers to Africa through fair business practices and empowering marketing strategies.

Batswadi Pharmaceuticals

Batswadi Pharmaceuticals (PTY) Ltd is a newly established black empowered, innovative company with a focus on biotechnology, founded to leverage the unmet needs of the South African pharmaceutical market.

Founded in the spring of 2005 by CEO, Christopher Whitfield, Batswadi (meaning parent in Tswana) aims to increase Africa’s access to innovative products, diagnostics, devices and services.

To ensure that it achieves these aims, it has entered into strategic partnerships with key players that will not only see it deliver economic benefits to its shareholders but simultaneously increase the African people’s access to innovative products and technologies.

Its four core business units: pharmaceutical sales, biotechnology, clinical research and consumer health, are staffed by a team of highly skilled individuals who are dedicated to ensuring the highest levels of excellence in the execution of its strategic intent.

This is Nollywood

This is Nollywood tells the story of the Nigerian film industry—a revolution enabling Africans with few resources to tell African stories to African audiences. Despite all odds, Nigerian directors produce between 500 and 1,000 movies a year. The disks sell wildly all over the continent—Nollywood actors have become stars from Ghana to Zambia.

We experience the world of Nollywood through acclaimed director Bond Emeruwa's quest to make a feature-length action film in just nine days. Armed only with a digital camera, two lights, and about $20,000, Bond faces challenges unimaginable in Hollywood and Bollywood.

Electricity goes out. Street thugs demand extortion money. The lead actor doesn’t show. During one crucial scene, prayers blast from loudspeakers atop a nearby mosque, making shooting impossible. But, as Bond says, “In Nollywood we don’t count the walls. We learn how to climb them.”

ICTPark.com represents a consortium of local, regional, and global organizations working together to make Kenya a BPO hub in Africa. The Kenyan government has been proactive and vocal with their plans of making Kenya an ICT/Outsourcing destination.

One initiative, ICTPark.com and its consortium members will provide the following services to start and/or support call centres and back-offices in Kenya:

• Templates for preparing business plans.
• Information and assistance with finances.
• Guidance on suitability of premises.
• Advice on equipment and connectivity.
• Referrals to consultants, lawyers, auditors, and other professionals.
• Networking with ICT suppliers and other vendors.
• Introduction to research and technology expertise.
• Guidance on staff recruitment and training.
• Advice on securing outsourcing contracts.

OLPC - Give one, Buy one

The people who have developed the One Laptop Per Child (OLPC) are offering a 2 for 1 special. Between November 12 and November 26, OLPC is offering a Give One Get One program in the United States and Canada. This is the first time the revolutionary XO laptop has been made available to the general public.

The Africa Channel

The Africa Channel is a showcase for the African continent's most outstanding English language television series, specials, documentaries feature films, music, event specials, biographies, soap operas, current business analysis, cultural and historical programs...shows that reflect the people of Africa, their incredible stories, their daily lives, their music and art, their successes, celebrations and challenges.

Co-Founder of The Africa Channel and originally from Zimbabwe, Mr. Makawa enjoyed a successful career in both local and network television in the United States. For more than 10 years, Mr. Makawa worked as a local news reporter and anchor with leading local stations before joining NBC News as a correspondent in New York and Chicago.

Somdiaa sugar cane producer, distributor

Somdiaa is the leading sugar cane producer, refiner and distributor in Central Africa. Through its plantations in Cameroon, Chad and Congo-Brazzaville, the Company produces approximately 80% of the sugar sold in the Central African Economic and Monetary Community free-trade region. The Company also owns and operates flour mills in Gabon and produces a range of other agricultural products.

D-MADE grant giving competition for Africans in Europe

D-MADE, is a grant giving competition that will reward the innovative entrepreneurial African diaspora in Europe for projects implemented in Sub-Saharan Africa and has two components:

A Competition of innovative projects that will grant 10-15 prizes (ranging fro €10,000 to €40,000 in size) to implement profit-making projects that empower the disadvantaged, are results-oriented, and scalable. Technical assistance will also be extended to the winners for one year during the implementation of the project.

Click here to apply

Google hiring in developing markets and education reform

I just read an interesting Fortune article about Google hiring in India, and thought "wow that is a lot of money." Google has gone to the extreme to hire quality human capital for R&D operations in India. Perks for working at Google India include: taxi service, health care for parents, and etc.

Google is hiring in Africa, but mostly in Kenya and South Africa. Google is not doing this because of pure development/need goals. Google sees Africa and other developing markets as an opportunity. As soon as we get some reliable communications infrastructure: WiMax, fiber, other microwave technology Google will be scaling it's workforce in Africa.

One thing I realized reading this article is that, India is attractive because of it's huge graduate pool of students in the universities each year in Science and engineering. India graduates like 50 million students a year! What we need, and what is lacking is more technical education in science and engineering. One person leading the charge in technical education in Africa is Patrick Awuah from Ghana.

Patrick is President of Ashesi University; even though Ashesi is located in Accra, Ghana a good percentage of it's students are from neighboring countries. We have 53 countries, imagine each country having a dozen quality university or technical schools. This could be very attractive to a company like Google to hire and train African programmers or computer scientists.

Brazil to promote Biofuels in Africa - Business Week

The Brazilians are known as experts when it comes to Biofuels. They have been progressive since the early 70's when world oil prices were too high. Most of Brazil's Biofuel comes from sugar cane, and a small percentage from corn and other crops.

Brazil's president Luiz Inacio Lula da Silva wants to help African countries seize this surging interests in Biofuel and build their own capacity. Even though Africa is a net exporter of oil, many believe that Biofuels can enable poverty reduction on the continent.

Read this BusinessWeek article about Brazil and Africa's collaboration.