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Monday, 4 May 2015

UNWTO expresses its full support for Kenyan tourism

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During a recent visit to Kenya, UNWTO Secretary-General Taleb Rifai expressed the organization’s full confidence in the country’s tourism sector and its capacity to recover (April 25, 2015).

In solidarity with Kenya and its people, and on behalf of the international tourism community, UNWTO Secretary-General Taleb Rifai visited the country to highlight the economic importance of the Kenyan tourism sector, and convey his confidence in its strong resilience.

“Kenya is a true tourism success story and a long-term tourism leader, not only in Africa but globally. Over the years, the Kenyan tourism sector has become a backbone of the national economy and demonstrated a remarkable capacity to recover and regain momentum, which is why I have full confidence in its ability to bounce back even stronger. The world must hear from Kenya now. Kenya, with Africa, will move forward”, said Mr. Rifai.

On the occasion, Mr. Rifai met with the President of Kenya, Mr. Uhuru Muigai Kenyatta, to explore further areas of cooperation between Kenya and UNWTO, as well as the importance of domestic tourism, increased regional cooperation, and the need for more precise travel advisories.

Mr. Kenyatta confirmed the Government’s commitment to keep advancing the tourism sector also in these trying moments, and highlighted the importance of co-existence and working closely with neighboring countries to stabilize and promote East Africa.

“Terrorism is not a Kenyan issue, it is a global issue. We just happen to live on the front line. We will not change our plans but rather work towards eradicating the problem and to protect our people”, said Mr. Kenyatta.

Mr. Rifai also met with the Cabinet Secretary for East African Affairs, Commerce and Tourism, Phyllis Kandie, and the tourism task force, to further explore how UNWTO can assist public and private sector efforts to recover and consolidate Kenya’s tourism sector. At a joint press conference with Mrs. Kandie, Mr. Rifai reiterated UNWTO’s strong support to Kenya:

“Sometimes when we live in a country we do not see how the world sees us. The world has great respect for Kenya, as do the international tourism community. I want to assure you that we will do our part to help restore full confidence in this incredible destination”, concluded Mr. Rifai.

Source: Eturbo News

Friday, 1 May 2015

Zambia's forest ecosystems contribute $1.3 Billion to national economy

Zambia's forest ecosystems contribute $1.3 billion, roughly 6.3 per cent of gross domestic product (GDP), to the national economy, further highlighting the crucial role forests can play in the global transition to a green economy, according to a new UNEP study.

Commissioned by the Government of Zambia, produced in partnership with the UN-REDD Programme, and released ahead of the High-Level Dialogue on Zambia's Draft National REDD+ Strategy, Benefits of Forest Ecosystems in Zambia and the Role of REDD+ in a Green Economy Transformation takes a wider look at the value of forest ecosystems.

The report goes beyond elements already counted as value added in Zambia's Gross Domestic Product (GDP)—for example, wood products—to consider regulating, supporting and cultural services services such as eco-tourism, erosion control and sediment retention, pollination and carbon storage.

Looking exclusively at these additional services, the study found they are worth $515 million per annum, or around 2.5 per cent of GDP. This means that forest services have been undervalued by between 40 and 68 per cent. The inclusion of these additional services elevates the contribution of forests from 3.8 per cent to around 6.3 per cent of the 2010 GDP.

In addition, Zambia's forests provide about 1.4 million jobs, supporting 60 per cent of rural Zambian households who are heavily dependent upon the use of natural resources to supplement or sustain their livelihoods.

“From providing jobs to regulating water supplies and capturing carbon dioxide, using forests in a more sustainable way is vital to transit to a green economy,” said UN Under-Secretary-General and UNEP Executive Director Achim Steiner.

“At the upcoming climate change summit, the world has an opportunity to limit global temperature rise to 2 degree Celsius and limit the impacts of climate change. We need our forests to achieve this target,” he added. “If we work together under the UN-REDD Programme to reduce deforestation and forest degradation, we can cut greenhouse gas emissions to the atmosphere and boost the sustainable development agenda by safeguarding and expanding the economic benefits of forests.”

According to 2009 figures, Zambia has the second highest per-capita deforestation rate in Africa and the fifth highest in the world. The main direct drivers of deforestation are charcoal production, agricultural and human settlement expansion, and illegal exploitation of timber. The report aims to help change this situation by informing policy decisions on forest management and the implementation of activities under its national REDD+ process.

“This report provides an economic rationale for prioritizing REDD+ implementation by showing the significant economic benefits of doing so,” said Her Excellency Mrs. Christabel Ngimbu, Minister of Lands, Natural Resources and Environmental Protection of Zambia. “Thus, the potential is great for the forestry sector to play a very important role in the country achieving its Vision 2030 goals.”

“It is envisioned that these findings will further strengthen the resolve of the Government of Zambia to address the drivers of deforestation and forest degradation, and to implement the National REDD+ Strategy as part of the country's broader goals to achieve an Inclusive Green Economy,” she added.

The report finds that cost-effective ways of conserving and sustainably managing forests should be implemented to support growth consistent with the green economy, defined by UNEP as ‘an economy that results in improved human well-being and social equity, while significantly reducing environmental risks'.

Ways to reduce deforestation and forest degradation include strengthening and enhancing the management and governance of forests at local levels, introducing measures to reduce urban demand for charcoal, enhancing livelihoods and income generating activities that support or rely upon forest conservation and maintenance, and increasing the sustainability and efficiency of agricultural practices.

REDD+ actions that tackle the drivers of deforestation and forest degradation, and which are verified as part of the UN Framework Convention on Climate Change (UNFCCC) process, could lead to results-based payments. One option that could balance the need for economic growth and development with REDD+ results-based actions= is greater efforts to improve the agricultural productivity of, and value derived from, existing cultivated and degraded areas, rather than expansion into virgin forest areas, as is currently the case in Zambia.

At the global level, the value of forests is well established. A report by UNEP's International Resource Panel Working Group on REDD+ and a Green Economy showed that non-timber forest products can generate four million person-years of employment annually, along with $14 billion in international trade and far more in local subsistence benefits. Additionally, stimulating sustainable management of forests could provide up to 16 million additional jobs globally.

The Zambia forest valuation report is one in a range of country-specific valuation studies that UNEP is carrying out under the UN-REDD Programme to increase momentum for REDD+ implementation at the national level. By highlighting the value added of forest ecosystem services to the national economy and by providing the basis for the country to account for its natural capital in national accounts, including to many private sector actors that form the backbone of the economy, governments are provided with a stronger rationale to use forest resources in a more sustainable way.

Studies have been completed for Kenya and Panama, and UNEP is currently working with the Governments of Tanzania, Nepal, Ethiopia and Indonesia. A synthesis combining the findings of this work will be released later this year.
Source: Eturbo News

Kid’s learning platform Hopster targets larger African markets in its global launch

Hopster is a TV and an interactive learning platform for preschoolers that boasts an impressive catalogue.

On 13th. April 2015, Hopster announced its global launch. Following a raft of multi-territory content deals with Corus Entertainment’s Nelvana, Millimages, CAKE, and EarthTree Media, the chart-topping kids service will commence the roll-out of a global English language version to 100 territories from April 2015.

The launch targets preschool children in English-speaking countries: Australia, New Zealand, Singapore, Malaysia, India, Dubai, and in many other countries across Asia, Africa and Europe. North America is out of the scope at the moment because of program rights.

"In Africa, we will communicate in countries where the use of iOS is strongest. South Africa, Nigeria, of course, but also Ghana, Kenya, and Tanzania also. Africa is not unknown to me. I worked at Viacom in the department 'Emerging Markets'' says Nick Walters.

"Our company is financially sound; we have an investor and do not need additional funding at this time, "confirms Mr. Walters.

The platform contains over 600 hand-picked episodes from global family favourites including Max & Ruby, Mouk, Louie, Babar, Wanda and the Alien, and Poppy Cat. etc. "We will be in talks with suppliers of African content, including animated films for children in South Africa for example," says Walters, adding that "our success in Africa also depends on partnerships we will seal."

Kids all over the world will also be able to learn with Hopster’s suite of games. Built on multiple international curricula, these games add depth to the video experience and ensure that using Hopster isn’t just fun, but also educational and stimulating. The proprietary curriculum was developed in collaboration with leading academic advisors including Lydia Plowman and Annette Karmiloff-Smith. It combines multiple international curricula, including the US’ National Association for the Education of Young Children (NAEYC) guidelines and the UK’s Early Years Foundation Stages (EYFS), in an integrated framework that puts kids at the centre and grows with them. Read more here.

The international version will be first launched on iOS, with country-specific price points to be confirmed. "For now, I cannot give out the subscription price per country in Africa, it will depend on local agreements we set up with content providers and distribution partners," said Walters. Other partnerships might be announced later across Africa.

Nick Walters said, “All over the world, a new generation of kids is finding things to delight them on mobile. In India alone, more families have smartphones than digital TV, so there’s huge potential for a mobile-first service like Hopster. We’ve taken a global approach to our global launch, and handpicked the best shows from around the world: for example Aesop’s Theatre started life in Korea, Mouk in France, Wanda and the Alien in the UK, and Learn to Draw Minis is a cool Scandinavian indie hit!”

Since launching in the UK in 2013, Hopster has seen exceptional growth, with over 265,000 UK families having downloaded its chart-topping iOS app to date. Over a quarter of a million parents already trust the award-winning, safe, and ad-free world to keep their kids entertained and stimulated. It also received two nominations for the 2015 Kidscreen/iKids Awards: Best Channel Design and Best Streaming Video Platform, and was one of Apple’s Best Apps of 2014.

"Hopster is easy and edutainment service for preschoolers. For a low monthly subscription (GBP 3.99 / month in Britain) the Hopster Club subscribers have access to advertising-free children's shows, academically controlled learning games, on compatible devices. More than a quarter of a million parents already trust the service.

"The educational service is modeled on the United Kingdom educational programme, but with this international launch, we will adapt our service to academic programmes of other countries, "said Mr. Walters The Hopster team will be at Discop Africa Johannesburg late 2015.

Energy: A field of opportunity for Africa, according to new AfDB report

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The African Development Bank’s first Development Effectiveness Review focusing on the energy sector was launched on Tuesday, April 28 at the Bank’s headquarters in Abidjan the Bank’s Energy, Environment and Climate Change Department and Quality Assurance and Results Department.

The event was co-chaired by Alex Rugamba, Director of Energy, Environment and Climate Change, and Simon Mizrahi, Director for Quality Assurance and Results, and was attended by development partners including United Nations Development Programme, United Nations Industrial Development Organization, West African Development Bank (BOAD), and the Association of African Development Finance Institutions (AADFI).

The report examined the Bank’s contribution to building sustainable energy infrastructure on the continent between 2009 and 2013. It also looks at how effectively AfDB manages its energy operations and how efficient it is in doing so.

“Energy is a field of opportunity for Africa,” writes Solomon Asamoah, Vice-President, Operations in charge of Infrastructure, Private Sector and Regional Integration, in the opening pages of the report. “The continent has significant share of the world’s renewable energy sources, of which only a fraction is under development. Africa has the potential to leapfrog over carbon-intensive technologies and meet most of its future energy needs from renewable sources, putting it firmly on the path to green and inclusive growth.”

“Development effectiveness reviews are an essential part of managing for development results,” said Mizrahi, who added that the report was timely as the Bank prepares for COP21 climate change talks in Paris at the end of the year.

Following the presentation of the report by Victoria Chisala, Manager of the AfDB Results Division, Rugamba laid out the new focus area of the Bank in the energy sector, which included (i) increasing and diversifying energy generating capacity, (ii) reinforcing transmission and distribution networks, (iii) promoting decentralised energy solutions, (iv) developing regional energy markets, (v) increasing share of renewables, (vii) intervening at the sector level, and (vii) supporting countries in the development of their action plans for the United Nations Sustainable Energy for All (SE4ALL) initiative.

Discussants included AfDB Chief Economist and Vice-President Steve Kayizzi-Mugerwa, who emphasised that “very little thought is put into development of maintenance capacities. This issue is key to creating jobs for young engineers.”

Meanwhile, Moono Mupotola, Division Manager, Regional Integration and Trade, discussed ways of increasing energy production capacity to become more competitive in global trade.

Staff and guests shared experiences and reflections during the discussions. General discussions covered the decrease of renewable energy sources costs and how they could be an opportunity for Africa.

Staff also shared their experiences working with NGOs and environmental guidelines to improve the quality of projects. The role and motivation for energy subsidies was also discussed.
Source: AFDB

IMF Projects Solid Growth for Ghana

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The International Monetary Fund (IMF) says Ghana and other Sub-Saharan Africa’s economies are set to register another year of solid economic performance with growth expected to expand 4½ percent in 2015.  According to the ‘April 2015 IMF Regional Economic Outlook: Sub-Saharan Africa’, the region,  will continue being one of the fastest growing in the world—second only to emerging and developing Asia.

That said, the economic expansion will be at the lower end of the range experienced in recent years, mainly reflecting the impact of the sharp decline of oil and commodity prices over the last six months. But the impact of this shock will be highly differentiated across the region. “Sub-Saharan Africa’s eight oil exporters have been hard hit by the price decline, and their average growth in 2015 is expected to be about 1¼ percentage points lower than in2014 in response to this shock”, it stated.

However, for most of the rest of the region, growth prospects remain favorable. These countries are enjoying the benefits of lower oil import bills, although some are also feeling the impact of lower prices for their non-oil commodity exports, Ms. Antoinette Sayeh, Director of the IMF’s African Department commented on the report yesterday.

She said growth was projected to be particularly strong in most low-income and more fragile countries, and this will help to reduce poverty levels.

“In Guinea, Liberia and Sierra Leone, the Ebola outbreak is beginning to be controlled, with a sharp decline in the incidence of new infections.  However, 2015 will be another difficult year, with economic activity expected to be significantly depressed. The IMF has provided $390 million of assistance to help these countries, including $100 million of grants for debt relief—the first instance of such assistance by a development partner, the report stated.

“While the baseline scenario is for solid growth, policy makers need to remain mindful of risks that could still cloud the outlook.  In particular, global financial conditions are tightening just as the region’s frontier markets are increasingly relying on Eurobonds to finance their large investment needs.  The deteriorating security situation in some areas could also strain budgets and have an adverse impact on the near-term growth outlook, especially in the agricultural sector, while weakening prospects for foreign direct investment.

“For the region’s eight oil exporting countries, fiscal adjustment is a priority; policy makers should support an adjustment by allowing exchange rates to depreciate, where flexible exchange rate mechanisms are in place. Most countries have already initiated policy adjustment.  They should be prepared to take additional steps if conditions warrant, bearing in mind the need to avoid cuts to capital spending”, according to the report.

Similarly, frontier markets must remain vigilant to avert the risk of disorderly capital movements, especially in response to changes in U.S. monetary policy.  More broadly across the region, countries should take advantage of lower oil prices to eliminate fuel subsidies and put in place flexible energy pricing mechanisms (while ensuring that social protections are in place for the most vulnerable).  Not only would that promote efficient energy use, but it would also make room to scale up education and infrastructure spending.

“The current circumstances also highlight the urgent need for policies that favor structural transformation to diversify sub-Saharan Africa’s production base and promote greater integration into global trading networks. This will help the region create jobs for the rapidly growing young population as the region is set to experience a significant demographic transition in the next decades.

By 2030 or so, the number of people reaching working age in the region will exceed that in the rest of the world combined. This offers a tremendous opportunity for sub-Saharan Africa, which, if properly tapped, could create a powerful engine for long-term growth.”

Thursday, 30 April 2015

Togbe Afede XIV Becomes Member of World Trade Centre Board

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Delegates from around the world have elected World Trade Centre Accra (WTC-Accra) Chairman Togbe Afede XIV to their international board, as one of the 23-member board.

With a voter turnout of 70% of the 331-member cities organization: “The election results affirm that Accra is a world-class city in the eyes of international business community who value our vision on how we can grow local business through international trade,” said Emmanuel Doni-Kwame, Managing Director of WTC-Accra.

“We only got certified last year and business leaders in Ghana and Togbe Afede XIV have already proven that we have a lot to offer the international business community.


“Since WTC Accra started full operation in 2011, we’ve been successful in providing premium office space through our partnership with SSNIT and promoted trade and investment through our outbound trade missions to Brazil, Italy and Qatar. This news confirms that the world has noticed.”

The elections results were announced during the WTCA General Assembly in Manila, Philippines. Up to 300 delegates from Anchorage to Beijing, from Mumbai to Sao Paulo, from Washington to Zurich and beyond were eligible to vote in the election. They represent some of the world’s finest business leaders, CEOs, property developers, economists, trade experts, and policy makers working to boost global trade and cooperation.

Togbe Afede XIV is the board chairman of the National Investment Bank, Accra Hearts of Oak and Africa World Airlines. “It is exciting to become part of the WTCA board, which I believe will help position Accra and Ghana as a key investment and trade destination,” Togbe said from Manila.

“I believe that the WTC network’s greatest strengths are not only what happens within the walls of each WTC, but also in the relationships and connections WTC staff create as we bring the world to the doorsteps of Winnipeg businesses one connection at a time.” Meanwhile, Accra has earned a seat at the table of the World Trade Centers Association (WTCA) board of directors as the only representative from Africa.

WTC Accra is a member of the World Trade Centers Association, the leading international trade network, representing more than 300 World Trade Centres in nearly 100 countries. WTC Accra provides trade services and office space to both local and international companies looking to grow their business and interested in doing business with Ghana and Africa.
Source: The Ghanaian Chronicle

Prez Inaugurates First Private Electricity Substation

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President John Dramani Mahama has inaugurated the first private sector-owned substation in electricity supply to serve industries operating in the Tema Free Zones enclave.
The Enclave Power Company (EPC), which will produce 165 megawatts of power, is the largest substation in Ghana, in terms of capacity, and is the first of its size to be constructed and funded entirely from private sources. Construction works on the project started in September 2013 and completed within a record 15 months in December 2014, and is estimated at a cost of US$35 million.

President John Mahama noted that electricity distribution in the country has traditionally 
been the responsibility of the Electricity Company of Ghana (ECG) and Northern Electricity Distribution Company (NEDCO), which handles supply to the northern part of Ghana.

He however debunked allegations that the government intends selling the ECG to a private company, saying, “Government has no intention of privatising ECG”, and that the ECG is still a 100% government-owned entity. “We will remain a 100% owned entity,” he assured.

Prez Mahama continued that nothing in their regulations stops them from adopting “Partner Private Partnership (PPP) in the distribution of power. He said the government will continue to partner the PPP sector to ensure that reliable power is supplied sustainably for the development of the country.

He pledged to fix the problems of power supply deficit, and ensure that such challenges will not occur anytime in the future.  He later visited the Volta Aluminum Company (VALCO) and Aluworks Ghana Limited, and also inspected on-going rehabilitation works on the Lashibi roads, which are progressing steadily.

He was accompanied by the some government officials including, Dr. Ekwow Spio Garbrah, Minister for Trade and Industry, and Dr. Kwabena Donkor, Minister for Power.
Source: The Ghanaian Chronicle