Category: MIL OSI

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DAFF supports probe into corruption

Source: South Africa News Agency

The Department of Agriculture Forestry and Fisheries (DAFF) says it is determined to take a stand against corruption and will continue to support the police in their efforts to investigate such conduct amongst its fisheries control officers.

The department made the remarks following the allegations of corruption amongst the department’s fisheries’ control officers who are mainly based in the Overberg region.

The allegations had resulted in the arrest of nine fisheries control officials by the Directorate for Priority Crime Investigation, known as the Hawks. 

The department said that the arrest forms part of DAFF’s efforts in enhancing discipline and integrity amongst its workforce, by ensuring that reported allegations of corruption is dealt with through the relevant State systems.

“Illegal, Unregulated and Unreported (IUU) fishing, which abalone poaching is classified under, is a global challenge that threatens world food security and ecosystems, and South Africa is not exempted from this phenomenon,” the department said.

DAFF together with other law enforcement agencies through Operation Phakisa Oceans Economy initiative is dealing with IUU fishing.

“DAFF understands there is a need for organised international communities to work collaboratively in dealing with IUU fishing. As a result, DAFF has ensured that South Africa ratifies the United Nations’ FAO (Food and Agriculture Organization): Port State Measure agreement whose objective is to curb IUU fishing,” the department said.

The department also plays an integral role in enhancing collaborative efforts through relevant structures of Southern African Development Community and Interpol, in order to curb IUU fishing in the region. – SAnews.gov.za

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Africa’s facts at your fingertips! Ecobank’s African markets website goes live, profiling Francophone West Africa as the leader in intra-regional trade

Source: Africa Press Organisation – English – Report:

Headline: Africa’s facts at your fingertips! Ecobank’s African markets website goes live, profiling Francophone West Africa as the leader in intra-regional trade

Francophone West Africa leads in intra-regional trade with trade hotspots around Dakar, Abidjan, Cotonou and Lomé, according to analysis by Ecobank’s (www.Ecobank.com) research team in its new website, AfricaFICC.

The team has updated Ecobank’s flagship Africa Fixed Income, Currency and Commodities Guidebook (FICC) and made it available as an online resource: https://Ecobank.com/AfricaFICC. The website provides key facts for businesses and investors on the economies of Sub-Saharan Africa and the key sectors of activity.

The first regional section of the website to go live is Francophone West Africa, one of the most diverse regions of Sub-Saharan Africa. Stretching from Senegal and Cape Verde in the West to Niger 2,000 miles away in the East, Francophone West Africa covers nine countries: Benin, Burkina Faso, Côte d’Ivoire (https://goo.gl/wq4F8f), Cape Verde, Guinea-Bissau, Mali, Niger, Senegal and Togo. Together they make up the Union Economique et Monétaire Ouest-Africaine (UEMOA). The website gives a country-by-country analysis of each country, with an economic outlook, details on the FX, FI and banking sectors, and overview of the mineral, energy and soft commodity sectors, as well as key trade flows.

Data for Francophone West Africa show that, despite geographical differences, the region is one of the best integrated economic and monetary zones in Africa, bolstered by the shared currency (the CFA franc), the common legal system (OHADA) and the French language which has fostered economic integration and intra-regional trade.

Key factors to consider include:

  • The region’s economy is driven by agriculture, mining, hydrocarbons, trade and financial services, and is home to the world’s largest producer of cocoa (Côte d’Ivoire) and Africa’s largest regional producers of cotton and palm oil.
  • Abidjan, Dakar, Cotonou and Lomé are key trade hubs for trade, acting as conduits for the import and export of goods and services, both to the international market and to sub-regional markets.
  • Côte d’Ivoire and Senegal account for more than half the block’s GDP and trade flows, acting as vital lifelines for their landlocked neighbours, Burkina Faso, Mali and Niger. Benin and Togo are also major re-export hubs for capital & consumer goods and food, with large informal volumes not being captured by official data.
  • Côte d’Ivoire has the largest banking sector in UEMOA, followed by Senegal. Both countries are emerging as the key Fintech innovation hubs in Francophone Africa.

“Many businesses and investors struggle to find good and reliable economic data about Sub-Saharan Africa,” said Dr. Edward George, Ecobank’s Head of Group Research.

“Our new Africa FICC website offers a one-stop shop, with all the key economic, currency, banking, commodity and trade data that those working or investing in Sub-Saharan Africa need at their fingertips,” he said.

“Ecobank understands regional and local business customs, regulations and country-specific risks better than any other bank in Africa because we operate on the ground in 33 markets. This data will help us and our clients in making investment and other financial decisions as part of our seamless service,” said Charles Daboiko, Group Head for Francophone West Africa.

Country guides for the other regions of Sub-Saharan Africa – Anglophone West Africa, Central Africa, East Africa & Southern Africa – will go live over the coming month.

Country guides from other regions of sub-Saharan Africa – English-speaking West Africa, Central Africa, Eastern Africa and Southern Africa – will be posted online in the coming months.

Watch out for updates on our Twitter account: @ecobankresearch

Distributed by APO Group on behalf of Ecobank.

Media contact: 
Sherelle Folkes 
Tel: +44 20 20 7638 6856 
Email: Sherelle@BrandCommsGroup.com 

Note to editors
The new Africa Fixed Income, Currency and Commodities (FICC) website can be found at https://AfricaFICC.ecobank.com
The Francophone Wests Africa information can be found at https://goo.gl/EgTPJ9.  

About Ecobank
Incorporated in Lomé, Togo in 1988, Ecobank Transnational Incorporated (‘ETI’) (www.Ecobank.com) is the parent company of the leading independent pan-African banking group, Ecobank. It currently has a presence in 36 African countries, namely: Angola, Benin, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Congo (Brazzaville), Congo (Democratic Republic), Côte d’Ivoire, Equatorial Guinea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Kenya, Liberia, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, South Africa, South Sudan, Tanzania, Togo, Uganda, Zambia and Zimbabwe. The Group employs over 17,000 people in 40 different countries in over 1,200 branches and offices. Ecobank is a full-service bank providing wholesale, retail, investment and transaction banking services and products to governments, financial institutions, multinationals, international organisations, medium, small and micro businesses and individuals. Additional information on Ecobank can be found at www.Ecobank.com. 

Web:  www.Ecobank.com/group 
Twitter: @GroupEcobank  @EcobankResearch

Appendix 1: FICC facts and figures
Benin
• Benin is one of smallest countries in West Africa.
• It is West Africa’s third-largest cotton producer, with estimated output of 150,000 tonnes of cotton lint in 2016/17 – Benin’s most valuable export, worth US$187mn in 2016, with most exports going to India, Malaysia, Bangladesh and China for spinning and textiles.
• Benin is a major re-export hub, serving as a key informal conduit for capital and consumer goods going into and out of its eastern neighbour, Nigeria.

Burkina Faso
• Burkina Faso has recently emerged as West Africa’s third largest producer of gold (after Ghana and Mali), with estimated output of 45 tonnes in 2017 and is now its most valuable export, worth US$1.6bn in 2016. Thanks to major investment production of gold is expanding, along with other minerals such as zinc (169,000 tonnes produced in 2016) and lead (2,000 tonnes).
• Burkina Faso is West Africa’s leading cotton producer, with estimated output of 283,000 tonnes of cotton lint in 2016/17 which totalled US$423mn in 2016. It is also a significant producer of sesame (95,000 tonnes in 2017) and cashew nuts (86,000 tonnes), all exported raw to world markets.

Côte d’Ivoire 
• One of Sub-Saharan Africa’s leading soft commodity exporters, accounting for 14.2% of the total in 2016. Cocoa and cocoa products were the largest export, totalling US$5.7 bn.
• The world’s leading producer of cocoa, with record output of 2.01mn tonnes in 2016/17 (October-September), 42.8% of world output.
• Africa’s largest producer of natural rubber, with estimated output of 326,101 tonnes in 2015, most of which was exported to world markets.

Cape Verde
• An archipelago with the region’s smallest population of just over half a million people. 
• With limited land and water resources, Cape Verde does not produce agricultural commodities for export and the country remains heavily dependent on food imports to meet domestic needs.

Guinea-Bissau
• Guinea Bissau is Africa’s third largest producer of cashew nuts, with estimated output of 200,000 tonnes of raw cashews (RCN) in 2017, around 8% of world production.

Mali
• Mali is the third largest producer of gold in Sub-Saharan Africa, Gold, with an estimated output of 63 tonnes in 2016 and production set to rise, is Mali’s most valuable commodity export worth US$2bn in 2016, and and makes up a quarter of government revenues. The government hopes to raise total production to over 100 tonnes in the near term.
• Mali is West Africa’s second largest cotton producer after Burkina Faso. Run by a state monopoly, Mali’s cotton production has risen steadily since 2013/14, reaching a record 266,000 tonnes of cotton lint in 2016/17, worth US$266mn in exports. Output forecast to grow further to 300,000 tonnes in 2017/18, thereby making Mali Africa’s largest cotton grower; Malian cotton fibre trades at a slight premium to Burkinabè fibre, owing to its longer staple length and reliable deliveries. 
• In 2016 Mali exported US$228mn worth of live animals to neighbouring countries (mostly cows, sheep and goats)

Niger
• Niger is Africa’s largest producer of uranium, with estimated output of 2,904 tonnes in 2016, worth US$299mn, 93% of which is exported to France as fuel and the balance to the USA;
• Niger became an oil producer in 2011 when production started at the Agadem block: output has averaged 20,000 bpd; but production is set to rise following the award of a second oil licence in November 2013;
• Niger is a major re-exporter of food to neighbouring countries; in 2016 it exported US$134mn of rice, US$132mn of palm oil and US$31mn of pasta.

Senegal
• Senegal has the second largest banking sector in the UEMOA, after Côte d’Ivoire.
• Senegal’s banking sector is loan-driven, with loans and advances accounting for more than half of total assets and the wholesale lending activities – primarily to SMEs and local and multinational corporates – the main growth driver.
• Senegal’s mining sector is focused on gold, phosphates and cement production, with an estimated 10 tonnes of gold produced in 2016, all for export. New investment aims to increase annual production to more than 30 tonnes by 2022. 
• Estimated output of cement was 2.9 million tonnes in 2016, both for domestic consumption and for export to the sub-region, and output of phosphate rock was 473,000 tonnes in 2016; Senegal is a hub for processing this into phosphoric acid, the key ingredient in fertiliser.
• Senegal has a dynamic horticultural goods sector which is seeking to challenge the dominance of Kenya and Ethiopia for market share of the EU’s organic fruit and vegetable market.

Togo
• Togo is a major trade hub for the West African region. 
• Phosphate is Togo’s most valuable mineral export, representing up to 11% of foreign exchange earnings; a total of 846,091 tonnes was exported in 2016, most of which went to India and Canada
• Togo is a major exporter of cement (US$137mn in 2016), cotton (US$53mn) and phosphate rock (US$81mn), most of which is produced in Togo; it is also a re-exporter of imported goods including plastics (worth US$95mn), vehicles and machinery (US$76mn), cosmetics (US$49mn), with the majority going to neighbouring Ghana and Nigeria.

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Rugby: Kenya finished seventh overall at the USA Sevens in Las Vegas, drawn in Pool C for Vancouver assignment

Source: Africa Press Organisation – English – Report:

Headline: Rugby: Kenya finished seventh overall at the USA Sevens in Las Vegas, drawn in Pool C for Vancouver assignment

Kenya finished seventh overall at the USA Sevens after series of battling performances throughout the three days of competition at a tournament that served as the fifth round of the 2017/18 HSBC Sevens World Series.

Shujaa started their campaign on a losing note, going down 14-19 to France in their opening Pool A match on Saturday morning. It took the experience of Collins Injera to score two tries in the ensuing 19-12 win over Russia, a match that left the team needing a win over fancied Fiji to reach the cup quarterfinals. They pulled it off, the experienced trio of Injera, Willy Ambaka and Andrew Amonde each scoring in the 17-14 victory over Fiji. This result saw Shujaa earned the right to face eventual cup finalists Argentina in the cup quarters. They however fell to a 12-17 defeat.

Playing in the fifth place semifinal against Australia, Shujaa gave as good as they got, finally exiting the tournament following a 26-21 sudden death defeat after the two sides had been tied 21-21 at the close of regulation time.

The team has meanwhile been grouped with USA Sevens bronze medal winners Fiji, France and Spain in Pool C as the pools for the Canada Sevens in Vancouver were announced following the conclusion of the USA Sevens in Las Vegas.

USA, who won their home tournament with a 28-0 cup final shut out of Argentina will play in Pool A and will face Australia, hosts Canada and Uruguay. In Pool B Las Vegas runners-up Argentina face England, who last year secured a Cup victory in Vancouver, Wales and Samoa.

Series leader South Africa will face second place New Zealand, Scotland and Russia.The Canada Sevens is the sixth round of the 2017/18 HSBC Sevens World Series and will be played on 10th and 11 March at the BC Place in Vancouver.

Distributed by APO Group on behalf of Kenya Rugby Union (KRU).

Media contact :
Rugby@APO-opa.org

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CIBAFI Submitted Comments to the AAOIFI on its Exposure Draft on Governance Standard for Islamic Financial Institutions (GSIFI) No. 10: “Shariah Compliance and Fiduciary Ratings for Islamic Financial Institutions”

Source: Africa Press Organisation – English – Report:

Headline: CIBAFI Submitted Comments to the AAOIFI on its Exposure Draft on Governance Standard for Islamic Financial Institutions (GSIFI) No. 10: “Shariah Compliance and Fiduciary Ratings for Islamic Financial Institutions”

Aligned with its role as advocate of the Islamic Financial Services Industry (IFSI), the General Council for Islamic Banks and Financial Institutions (CIBAFI) (www.CIBAFI.org), the global umbrella of Islamic financial institutions, announced that it has provided its comments to the Accounting & Auditing Organization for Islamic Financial Institutions (AAOIFI) on its Exposure Draft (ED) on Governance Standard for Islamic Financial Institutions (GSIFI) No. 10: “Shariah Compliance and Fiduciary Ratings for Islamic Financial Institutions”.

In its submission, CIBAFI thanked the AAOIFI for giving the opportunity to the Islamic financial services industry stakeholders to comment on its GSIFI No. 10 before its issuance and provided comments comprising key points as well as detailed analysis.

Fundamentally, CIBAFI members raised some concerns on the purpose of the ED and potential parties that would be interested in it. Hence it was not explicitly clear how far customers and other counterparties would understand and use ratings of this kind, therefore whether they would have any commercial value. On the other hand, any regulator with a sufficient interest in Shariah governance to consider mandating such a rating would be more likely to impose Shariah governance requirements on firms and supervise them directly. It is therefore unclear how Shariah compliance ratings would fit into the Shariah governance structure in different jurisdictions. This in turn raises the question of what purpose a standard in this area would serve for the Islamic finance industry.

On a separate note, CIBAFI recommended for more time to be spent on having discussions and views with different stakeholders from different jurisdictions, and involvement perhaps of few rating agencies in the process to avoid any biased views and opinions.

In its submission to the AAOIFI, CIBAFI expressed its appreciation of the work that the AAOIFI does to maintain sound practices of the IFSI. Full comments to the AAOIFI are available on CIBAFI website www.CIBAFI.org

In addition to policy and regulatory advocacy, CIBAFI continues to support the IFSI through various activities and initiatives. These include providing industry stakeholders with a platform to discuss emerging issues, representing the industry at major global financial events, and sharing knowledge through specialised research and publications, and comprehensive professional development programmes. 

Distributed by APO Group on behalf of General Council for Islamic Banks and Financial Institutions (CIBAFI).

For more information about CIBAFI, please visit www.CIBAFI.org 
Tel: +973 17357300  Email: Media@CIBAFI.org

About the General Council for Islamic Banks and Financial Institutions (CIBAFI)
CIBAFI (www.CIBAFI.org) is an international organization established in 2001 and Headquartered in the Kingdom of Bahrain. CIBAFI is affiliated with the Organization of Islamic Cooperation (OIC).  CIBAFI represents the Islamic financial services industry globally, defending and promoting its role, consolidating co-operation among its members, and with other institutions with similar interests and objectives. With over 120 members from more than 32 jurisdictions, representing market players, international intergovernmental organizations and professional firms, and industry associations.

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Internet Society and African IXP Association Partner with South Africa’s Internet Service Providers’ Association for Africa Peering and Interconnection Forum (AfPIF) at iWeek

Source: Africa Press Organisation – English – Report:

Headline: Internet Society and African IXP Association Partner with South Africa’s Internet Service Providers’ Association for Africa Peering and Interconnection Forum (AfPIF) at iWeek

The Internet Society (www.InternetSociety.org) and African IXP Association (AFIX) (www.AF-IX.net) have announced that they will hold the 9th annual Africa Peering and Interconnection Forum (AfPIF) in Cape Town, South Africa hosted by the Internet Service Providers’ Association (ISPA) (www.ISPA.org.za). The conference will be held from 21-23 of August 2018 in conjunction with iWeek, South Africa’s leading Internet industry conference, which will run from 20-24 August 2018.

AfPIF is an annual event that serves as a platform to expand and develop the African Internet. It connects infrastructure, service, and content providers with policymakers in order to identify and discuss ways to improve network interconnection, lower the cost of connectivity, and increase the number of users in the region. Over 200 participants attended last year’s AfPIF in Abidjan, Cote d’Ivoire including providers of international, regional, and sub-regional transport, transit, and content as well as more than 20 IXPs from Africa and beyond.

This year’s event will be hosted in South Africa, home to the oldest Internet Exchange Point (IXP) in Africa, the highest density of IXPs per city in Africa, and the largest carrier neutral data center in Africa. As a thriving terrestrial infrastructure market and the continent’s most mature peering ecosystem, South Africa will provide a unique opportunity for attendees to learn from its remarkable experiences and explore a growing number of opportunities in the region.

“The African IXP Association has been absolutely amazed by South Africa’s rapid development and is proud to host this year’s AfPIF in Cape Town. We all benefit from their innovation and continued success, and hope that our collective presence will provide additional momentum” said Kyle Spencer, Co-Coordinator of the African IXP Association.

“We are delighted to be hosting AfPIF at iWeek for the very first time. This is a fantastic example of the kind of pan-African ICT cooperation envisioned by the Abuja and OR Tambo declarations of the 1990s,” said ISPA Chair, Graham Beneke.

“The first AfPIF was held in 2010 by the Internet Society from the realization that most of African Internet traffic is exchanged outside the continent, and the region could save costs by exchanging the Internet traffic locally. The target is to have at least 80% of the Internet traffic consumed in Africa being locally accessible, and only 20% sourced outside the continent by the year 2020. We are getting closer to that target every year thanks to AfPIF and many activities that promote interconnection and hosting in Africa”, says Dawit Bekele, Regional Bureau Director for Africa at Internet Society.

Internet Peering is a business relationship whereby two network operators agree to provide access to each other’s network at no cost. Internet users throughout Africa benefit from Peering as it enables faster, more affordable, and more reliable access to content.

Distributed by APO Group on behalf of Internet Society (ISOC).

Media contacts:
Betel Hailu
Internet Society
Hailu@ISOC.org

Elaine Zinn 
ISPA 
Elaine@ff.co.za

About the Internet Society
Founded by Internet pioneers, the Internet Society (ISOC) (www.InternetSociety.org) is a non-profit organization dedicated to ensuring the open development, evolution and use of the Internet. Working through a global community of chapters and members, the Internet Society collaborates with a broad range of groups to promote the technologies that keep the Internet safe and secure, and advocates for policies that enable universal access. The Internet Society is also the organizational home of the Internet Engineering Task Force (IETF). For more information visit www.InternetSociety.org.

About AF-IX
The African IXP Association (AFIX) (www.AF-IX.net) is a group of Internet exchange point operators from across Africa, brought together by a shared need to coordinate and exchange knowledge. It aims to foster an enabling environment for IXP operators, improve connectivity within the continent, and increase the Internet’s value for all. AFIX was established in 2012, joined the Internet eXchange Federation (IX-F) in 2014, and now organizes the annual African Peering and Interconnection Forum (AfPIF).

About ISPA
ISPA NPC (www.ISPA.org.za) is a non-profit company, and a recognized industry body which has represented the interests of ISPs since 1996. ISPA has co-hosted the annual iWeek industry conference since 2001, bringing together business, government, civil society and members of the public to debate technical, policy and business matters relating to the Internet sector in South Africa. ISPA works with many different partners to ensure that iWeek includes fresh and relevant content each year and is thrilled to be hosting AfPIF during iWeek this year.  For more on the association visit www.ISPA.org.za.

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Press Release of Ministry of Urban Development and Housing – 5 March, 2018

Source: Islamic Republic of Afghanistan – Report:

Headline: Press Release of Ministry of Urban Development and Housing – 5 March, 2018

Ministry of Urban Development and Housing have spent 85.58% of its budget development.
Today Ms. Nilofar Langar, Spokesperson of Ministry of Urban Development and Housing said “This amount has been used for the initiation of 89 various construction projects for other ministries, other construction projects, consultation and procurement of materials. There was a total of 104 MoUs for procurement” at GMIC.

In this year, the construction of more than 31 thousand residential units is either completed, or they are under construction, or there are commitments for their constructions. “The design of China’s residential project, completion of planning for Qatar, Kamakuddin Behzad and Qasim Abad Nangarhar projects, and preparation of Lala project to be launched and distributed to the employees for the judicial sector are among our significant achievements,” Ms. Nilofar added.
Moreover, in Financial Year (FY) 1396 Ministry of Urban Development and Housing received a USD 20 million city development project from the World Bank for strategic planning of nine major cities. Furthermore, two new master plans were developed, six previous master plans were revised and 20 detailed plans were developed by expert urban engineers.

She emphasized that during FY 1396, they have completed 45 projects of constructing administrative buildings, residential blocks, buildings for provincial councils, conference halls, guest houses and administrative buildings for municipality directorates in the provinces. She also added that the design and planning of reconstruction of 14 mosques in 10 provinces have been completed.
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Black Industrialists explore opportunities in Mozambique

Source: South Africa News Agency

South Africa’s black industrialists are this week exploring trade and investment opportunities in Mozambique.

Led by the Department of Trade and Industry (dti), the delegation will participate in a Bilateral Business Forum with the Confederation of Associations of Mozambique (CTA).

The delegation, which also comprises representatives of the Developmental Bank of Southern Africa (DBSA), the Central Energy Fund (CEF), Export Credit Insurance Corporation of South Africa and members of the Board Based Black Economic Empowerment Advisory Council, among others, will also partake in business-to-business networking sessions and site visits. 

Trade and Industry Minister Rob Davies said the mission which got underway on Sunday is undertaken to address the second pillar of the Black Industrialist Policy, which speaks to access to markets both locally and continentally.    

“Mozambique forms part of the top-five South African partners on the continent and has since addressed a series of macroeconomic reforms designed to stabilise its economy. These reforms along with its political stability since multi-party elections of 1994 have led to dramatic improvements in its growth rate. It is of the outmost importance that we intensify the strength of our relations, especially in the area of economic cooperation and investment,” said Minister Davies.

Launched in March 2016, the Black Industrialists Programme was developed as an intervention to nurture, support and take black industrialists to the next level.

Cabinet approved the Black Industrialists Policy which aligns with the Industrial Policy Action Plan, the National Development Plan and the Nine Point Plan in November 2015.

On Sunday, Minister Davies said the trade mission to Mozambique is one of several missions that the dti has invested in, to ensure that Black Industrialists participate in Intra-Africa Trade opportunities, while also forging networks and partnerships with relevant businesses and industry associations with the market.

The trade and investment mission will conclude on Saturday. – SAnews.gov.za

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Community Healthcare Workers to be paid this week

Source: South Africa News Agency

The two drivers, whose vehicles were loaded with mandrax tablets worth nearly R3.3 million, are expected to appear before the Kraaifontein Magistrate’s Court today.

The two were arrested on Saturday in Kraaifontein, Cape Town, in an intelligence-driven operation by the Hawks’ South African Narcotics Enforcement Bureau (SANEB) and Crime … See more

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Dangote Donates N1.2 Billion to First Business School in the North to Bayero University, Kano

Source: Africa Press Organisation – English – Report:

Headline: Dangote Donates N1.2 Billion to First Business School in the North to Bayero University, Kano

The business educational development of Northern Nigeria took a new turn at the weekend when the renowned businessman, Aliko DANGOTE donated a N1.2 billion ultra-modern business school edifice to the Bayero University, Kano, (BUK), first of such in the northern part of the country.

Christened Dangote Business School, the business mogul disclosed that talks are on to affiliate the school with the popular Harvard Business School, in the United States of America.

Speaking to a group at the opening of the School at the new site of the University, Dangote stated that no effort was spared to ensure that the school, building gate was up to international standard and one of the biggest in the sub-Saharan Africa.

Dangote said the Business School, which was commissioned by the Kano State Governor, Abdulzhi Umar Ganduje, was conceived as part of the contributions of the Nigeria’s business mogul, Alhaji Aliko Dangote towards encouraging world class entrepreneurship education at the highest level in Nigeria.

He described the School as best of its kind in northern Nigeria, adding that the School, as accredited by the Nigerian University Commission, will be the first business school to offer Doctor of Business Administration PhD. program in Nigeria.

Africa’s richest man added that the business school would ease sharing of business information globally and how future African leaders could advance their businesses as well as building capacity which would translate to boosting the continent’s economy.

Dangote traced the journey of the construction of the school to the days of Prof Attahir Jigawa as the Vice Chancellor of the University when he pleaded with him to help in the establishment of a business school that can accelerate entrepreneurship in the country.

He said he agreed to build the edifice because of his conviction that good quality education is the bedrock of meaningful development in the country and only a sound mind can facilitate development.

The school, according to him, will train African Business leaders by carrying out research on how Nigerians can do business in the very particular kind of environment and succeed.

On his part, the Vice Chancellor of the University, Prof. Muhammed Yahuza Bello said with the new business school, the university is now poised to serve the society better through training, research and services.

He said the university adopted the name “Dangote Business School”, because the name Dangote (http://Dangote.com) is internationally synonymous with innovation, entrepreneurship and successes in business and industry and pledged that the school will live by its name and tradition.

Explaining the uniqueness of the school, he stated that the new structure comprises 650 seating capacity auditorium, two theaters, four lecture halls, two libraries, incubation center, two cafeterias, 800kva soundproof generator and borehole among others.

In their separate remarks, Gov. Ganduje, represented by his Deputy, Prof. Hafeez Abubakar, his Jigawa State Counterpart, Gov. Muhammed Badaru Abubakar and the Emir of Kano, Muhammadu Sanusi II showered accolades on Alhaji Aliko Dangote for his several interventions in various sectors in the State and beyond, urging other wealthy individuals to emulate.

Kano Deputy Governor, Professor Abubakar who represented Gov Ganduje said Nigerians have a lot to learn from Alhaji Dangote whose wealth has no influence on his humility and is ever willing to do for his immediate environment and make the society better.

He pleaded with the University authority to grant Alhaji Dangote opportunity to lecture once in a while in the school, even if it’s an interactive session because he has a lot to offer beyond available in the text books as a successful business man.

Emir Sanusi said what Dangote has done is what he has always advocated for other Nigerians to do and that until Nigeria gets her education right a lot of things may not fall in place as expected.

He expressed his appreciation to Alhaji Dangote for rising up to the occasion each time he calls on him to do one thing or the other in the interest of the society.

Emir Sanusi urged other well meaning Nigerians to emulate him and contribute to the development of their society

Distributed by APO Group on behalf of Dangote Group.

Media Contact:
Francis Awowole-Browne
Francis.Awowole@Dangote.com
+234 806 630 4898

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#AIS2018: Registration Open Now!

Source: Africa Press Organisation – English – Report:

Headline: #AIS2018: Registration Open Now!

The registration is now open for the second edition of the Africa Innovation Summit (AIS2018) (www.AfricaInnovationSummit.com), to be held in Kigali, Rwanda from 6 to 8 June 2018.

REGISTER NOW!!! (https://goo.gl/6kxCJ5).

Distributed by APO Group on behalf of Africa Innovation Summit.

For further information please visit our website (www.AfricaInnovationSummit.com) and/or contact us (Info@AfricaInnovationSummit.com). 

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