Category Archives: Business

The CA AWARDS Now Open For Nominations

CA award (CREATIVITY AWARD) recognises the creativity of Afro Caribbean talent globally.  The only award that celebrates and highlights Afro-Caribbean contributions in all sectors including; Sports, film, arts, enterprise, and careers.

The largest and most prestigious African award in the UK, past recipients include,  Emmanuel Anyiam-Osigwe (founder BUFF), Dele Momudu (publisher Ovation), Dr Alistair Soyode (founder BEN TV),Prof. Rotimi Jaiyesimi (renowned medical Doctor and lecturer ),  Akin Salami (Founder OHTV) , Pauline Long (Founder BEFFTA) and a host of others.

Elegibility:  Anyone of African or Caribbean heritage anywhere in the world with talent and making contributions in the sectors mentioned in the categories can be nominated .

Nomination: You can nominate yourself or be nominated by someone else. After nominations, the independent awards directors will go through the evidences and shortlist the finalists. Thereafter, voting commences. This year, the results are completely in the hands of the public.

 

Dinner: CA award 2016 will be held with a lavish 3 course dinner on;

Date: 19th of Nov, 2016

Time : 5.00pm – Arrivals, wine reception, red carpet , media and networking.

Venue: At Hilton Hotel Tower Bridge London, SE1 2BY.

Independent Award Directors – To be announced on Monday June 20, 2016.

 

 

NOMINATE SOMEONE OR YOURSELF FOR A CA AWARD : 

http://www.chubmagazine.com/events

A Store for Sharing Technology and ‘Shopping’ for Innovation

GE’s DNA as a global company and industry leader is something that employees frequently cite as one of the factors attracting them to GE. Often, however, workers get bogged down with projects, not benefiting from the knowledge and research gathered by their colleagues that could be perfectly suited to enhancing their work. GE hopes to remedy this with the development of the GE Store.

GE’s subject matter expertise spans a variety of industries, from healthcare to transportation to oil and gas. Sometimes technologies or research developed by one sector can be applicable to another. For example, a device made to scan pipes for gunk build-up in an oil refinery may also be adaptable for scanning for corrosion in arteries in the healthcare application.

This birthed the idea of the GE Store, an exchange of knowledge, technology and tools across GE that enables the company to leap from industries to drive innovation, performance and outcomes across every business and geography while driving up speed and efficiency. The store is designed to encourage horizontal thinking teams and offers employees the opportunities to take and contribute to the store for the benefit of the over 200,000 employees across the globe.

“When I was in university studying engineering, I would often be given case study problem sets to solve. I would work out the problems and develop my own solutions. I would later meet with a study group who would offer other solutions I realised I’d never even considered,” said Santhosh Pillay, Localisation Leader, GE South  Africa. “This, in essence, is what we hope for the GE Store. People coming together to share new solutions.”

Beyond the sharing of ideas, the GE Store is a great resource for enhancing customer service. Though customers may only interact with a local sales representative, they now have access to the wealth of knowledge and research housed in the GE network.

“Let’s say you’re working on a project in Mozambique. Without the GE Store, you would have to start from the beginning, duplicating processes that have already been developed,” said Jeff Sommer, General Manager, Global Supply Chain, Sub-Saharan Africa, at GE. “With the GE Store, you can see what contracts and projects have been completed for that type of project, and localise them to work in Mozambique.”

The GE Store is further bolstered by the opening of the Africa Innovation Centre in Johannesburg this past June. “The Innovation Centre is a physical manifestation of the GE Store,” continued Jeff. “It has learning and development facilities and the knowledge our staff builds there can be shared globally for GE’s benefit.”

This article first appeared on GE Reports sub-Saharan Africa

African First Ladies Advance Maternal Health Care Goals in Africa

The Organisation of African First Ladies Against HIV/AIDS (OAFLA) joined General Electric Company (GE) and Santa Clara University’s Miller Center for Social Entrepreneurship on June 9 to advance social entrepreneurship to improve maternal and child health outcomes in sub-Saharan Africa.

The First Ladies of Africa were introduced to the healthymagination Mother & Child program, and participated in a roundtable panel that addressed how countries can engage social enterprises to meet U.N. Sustainable Development Goals and improve health care for mothers and children.

In March, GE and Miller Center partnered to create the healthymagination Mother & Child program which trains and mentors social entrepreneurs working on maternal and child health innovations in sub-Saharan Africa. The program combines GE healthcare product expertise with Miller Center’s proven Global Social Benefit Institute (GSBI) methodology for accelerating social enterprises.

“We are encouraged by the potential of social entrepreneurship, and the healthymagination program in particular, to help reduce maternal, newborn and child mortality rates in sub-Saharan Africa,” said Her Excellency Madam Monica Geingos, First Lady of the Republic of Namibia. “The well-being of the mother is key to ensuring the survival of the child, because children who lose their mothers are less likely to celebrate their second birthdays. The mission and goals of this GE and Miller Center project align perfectly with the mission and goals of OAFLA.”

“The healthymagination Mother & Child program is part of a multi-year global investment by GE to improve global health outcomes, foster regional economic development and develop local human capital,” said Robert Wells, Executive Director of GE’s healthymagination commitment. “We have always tried to stay close to new thinkers and partner with companies that have innovative ideas and move fast to solve major challenges of our time. We are proud to support the development of healthcare innovations and partner with the Miller Center and OAFLA to mentor the best minds to reach this goal.”

“We are delighted to partner with GE healthymagination, and to continue interaction with OAFLA, as we all work to apply social entrepreneurship to our important shared goals.”

“Miller Center has aligned our time-tested curriculum and successful track record in training, mentoring and accelerating social enterprises globally toward achieving as many of the 17 U.N. SDGs as possible—an approach we feel is the most direct path toward making a tangible difference in the lives of poor and underserved women and children in Africa and elsewhere,” said Thane Kreiner, Ph.D., Executive Director of Miller Center for Entrepreneurship. “We are delighted to partner with GE healthymagination, and to continue interaction with OAFLA, as we all work to apply social entrepreneurship to our important shared goals.”

Improving maternal and child health care in Africa, the world’s second-most populous continent, is a critical global health priority. Over 450 women in Africa die every day from pregnancy-related complications, and children in sub-Saharan Africa are more than 14 times more likely to die before the age of 5 than children in developed regions. Social entrepreneurship, with its dual focus on positive social outcomes and solid business practices, is uniquely suited to address these issues.

african-first-ladies-tropics-magazine

Social entrepreneurship is considered a crucial catalytic factor in alleviating many social and environmental ills because it provides solutions in local contexts that enrich the communities where they are located; is sustainable; invests in human capital; and delivers a replicable, business-focused model that helps organizations to scale.

Participants in the New York luncheon included: Her Excellency Mrs. Ban Soon-Taek, spouse of UN Secretary General; Her Excellency, Mrs. Monica Geingos, First Lady of the Republic of Namibia; Her Excellency, Aissata Issoufou Mahamadou, First Lady of the Republic of Niger; Her Excellency Mrs. Dominique Ouattara-Folloroux, First Lady of the Republic of Cote D’Ivoire; Deborah Elam, president of The GE Foundation and Chief Diversity Officer for GE; Carol Evans, founder and former CEO of Working Mother Media; Dr Stefan Peterson, Director and Chief of the Health Section, UNICEF, Thane Kreiner, Ph.D., Executive Director of Miller Center for Social Entrepreneurship; Katherine Lucey, CEO and founder of Solar Sister; Jennifer Reingold, senior editor at Fortune magazine and Robert Wells, Executive Director for GE’s healthymagination commitment.

About the Organisation of First Ladies of Africa Against HIV/AIDS

The Organisation of African First Ladies against HIV/AIDS (OAFLA) is an organization established by African First Ladies in 2002 as a collective voice for Africa’s most vulnerable people including women and children infected and affected by HIV and AIDS. OAFLA has since expanded its mission to work broadly for the health and empowerment of women, children and adolescents in Africa, including the improvement of maternal, newborn, child and adolescent health services thereby supporting the United Nations Sustainable Development Goals (SDGs).

About GE and its healthymagination Commitment

GE (NYSE:GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. GE’s healthymagination commitment is about better health for more people. Through its healthymagination efforts, GE continuously develops and invests in innovations that deliver high-quality, more affordable healthcare to more people around the world. For more information about the GE healthymagination commitment, visit http://healthymagination.gehealthcare.com/

About Miller Center for Social Entrepreneurship

Founded in 1997, Miller Center for Social Entrepreneurship is one of three Centers of Distinction at Santa Clara University. Miller Center accelerates global, innovation-based entrepreneurship in service to humanity. Its strategic focus is on poverty eradication through its three areas of work: The Global Social Benefit Institute (GSBI), Impact Capital, and Education and Action Research. To learn more about the Center or any of its social entrepreneurship programs, visitwww.scu.edu/MillerCenter

Contacts
Media:
Kristin Schwarz for GE
Kristin.Schwarz@ge.com

+1 (646) 682-5601

or
Colleen Martell for Miller Center for Social Entrepreneurship
Martell Communications for Miller Center
cmartell@martellpr.com

+1 (408) 832-0147

The 50th UNCTAD’s Empretec Women in Business Award (WBA) to elevate global young entrepreneurs in Geneva, Switzerland

New York, NYC — On April 28th, 2014 high-level policy makers from Africa highlighted their experiences supporting young entrepreneurs in an effort to defuse what UNCTAD Secretary-General Dr. Mukhisa Kituyi called an “employment time bomb” in developing countries as their populations grow and get younger.

Coming up is the UNCTAD’s Empretec Women in Business Award Ceremony which is set to take place on October 15th in the Human Rights Council Room XX (3rd Floor from 18:30 – 19:45) in Geneva, Switzerland.

For the fiftieth consecutive year, audiences around the world will have the best seat in the house when they witness the progress that UNCTAD has made over the years and the challenges that lie ahead.

The Finalists are living testimony of the impact that initiatives that support entrepreneurship can have. These include job creation, innovation, increasing the quality of life of the women and their communities and giving them a voice and an outlet to inspire others.

One of the highlights of the commission was, last April, the announcement of the 10 finalists for the UNCTAD’s Empretec Women in Business Award (WBA). The awards have been presented every two years since 2008. This year was particularly competitive, as more than 100 nominations were received.

10finalistsempretec
The 2014 finalists of the 50th UNCTAD’s Empretec Women in Business Award (WBA)

The 2014 finalists (in alphabetical order by country) are:

Lorena Maria Eugenia Picasso, (Argentina): manufactures innovative educational games to stimulate the development of cognitive, motor, emotional and social abilities as well as therapeutic products which specialize in rehabilitation.

Kelly Dantas de Vasconcelos, Universidad da Crianca, (Brazil): provides educational services for children, focusing on a teaching methodology which highlights innovation and technology.

Tracy Antoinette Green Douglas, Pandama Retreat, (Guyana): produces a range of fruit wines, fruit soaps and art products using all local resources. It is a place of retreat where the local community and tourists can connect with nature.

Lina Jalil Khalifeh, SheFighter, (Jordan): established the first self-defense studio for women and girls in the Middle East and has a mission to generate awareness and decrease violence towards women.

Maya Sewnath, SSS Furntiure, (Mauritius): manufactures tailor-made wooden furniture using local raw materials and specializes in the wedding and children’s market.

Lara Cookey, Contextplay Matrix Ltd., (Nigeria): designs educational toys and recreational tools for early child development, including learning materials, playground equipment and furniture.

Thiane Diagne, JOUR J Couture, (Senegal): creates prêt-a-porter luxury clothing lines, which combine traditional Senegalese culture with innovative, high-quality designs.

Renay van der Berg, ProComm, (South Africa): specializes in a range of integrated business services, including brand management, to allow enterprises to be sustainable.

Angelica M Rumsey, Angel Bites Ltd, (Zambia): manages the packaging and trading of dried foods that are a delicacy in Zambia and focuses on high hygiene and quality standards.

Divine Ndhlukula, SECURICO Security Services, (Zimbabwe): is a leading supplier of security solutions in Zimbabwe, including electronic security system installation, guarding, cash management and private investigation services.

The final three winners will be announced during UNCTAD’s World Investment Forum which will take place from 13 to 16 October 2014 in Geneva, Switzerland. To mark the theme of this year’s Forum – “Investing in Sustainable Development” – two additional candidates were announced, who will receive a special recognition for their work as social and green entrepreneurs, respectively:

 

Special Recognition, Social entrepreneurship:

Leena A. Irshaid, Renas Women Association, (Jordan): established the only pickling factory in Jordan that is founded, owned and managed by women. It mobilizes unemployed female agricultural engineers by training and hiring them.

 

Special Recognition, Green entrepreneurship:

Pabla Anabela Torres, BioPro, (Argentina): start-up company which researches, develops, produces and markets organic products designed for crop protection and pest control, including a bio-pesticide.

 

Masters of the UNCTAD 2014 Ceremony, Mrs. Bisila Bokoko & Mr. Olivier Dominik.

 

The Masters of Ceremony of this year’s event are Mr. Olivier Dominik from Radio Suisse Television and, Mrs. Bisila Bokoko, Founder of the “Bisila Bokoko African Literacy Program” and Global Brand Ambassador for international brands such as Agatha Ruiz de la Prada, Pikolinos, Carmencita, Liceu Barcelona Opera House US Foundation etc. who will  be the pannel Moderator on “Integrating Women into Global Value Chains” and will also be the host at the awards ceremony for Empretec in Geneva on the 15th of October 2014.

 

Dr. Mukhisa Kituyi
UNCTAD Secretary-General Dr. Mukhisa Kituyi

UNCTAD Secretary-General Dr. Mukhisa Kituyi said, “I wish to congratulate all the finalists and hope that UNCTAD’s Empretec Women in Business Awards will highlight both the challenges faced by women in entrepreneurship and the positive multiplier effect that women’s entrepreneurship can have in society.”

The UNCTAD will continue its work strengthening the local capacity in developing countries in transition through entrepreneurship promotion.

 

 

To get more details about the event, the finalists and the hosts, please see below:

For UNCTAD’s Empretec Women in Business Award (WBA), please visit http://unctad.org

For Mrs. Bisila Bokoko, please visit www.bbalp.org or email tropicsmediagroup@gmail.com for all press and media related inquiries.

 

Obamas Host African Leaders at a Dinner Soiree (Photos)

African heads of state—many outfitted in elegant, brightly colored, traditional attire—gathered under a canopy tent on the White House’s South Lawn Tuesday night for a state dinner-esque gala. They dined, mingled and did some dancing with a little help from Lionel Richie.

Although the event wasn’t billed as a state dinner, it most certainly had an air to it.

Dignitaries and heads of state in attendance for the three-day U.S.-Africa Leaders Summit were feted Tuesday night at the White House. Chief of Protocol Peter Selfridge told the Washington Post that he was prepared to pull out all the stops for the guests, including official greeting duties. He shook hands and walked the VIPs up and down the red carpet as they pulled up in black town cars. The roll call lasted more than an hour.

“We strive to throw out the red carpet, both literally and figuratively, from their arrival at the airport to the end of the summit,” Selfridge said. “Just multiply everything by 50.”

The gala concluded an action-packed day of economic talks between U.S. and African officials and representatives from close to 100 American and African companies, which culminated in a pledge of $14 billion by the Obama administration in U.S. corporate economic investment on the continent.

President Barack Obama kicked off the feast with a brief toast. “Never before have we hosted a dinner at the White House like this, with so many presidents, so many prime ministers all at once,” he told the esteemed guests. “Tonight we are making history, and it’s an honor to have you all here.”

Obama spoke about his pride as an American with immediate blood ties to Africa, his family’s homecoming to Kenya, and alluded to the three-day summit’s theme, “Investing in the Next Generation.” He lifted his glass and proposed a toast to “new Africa.”

The Obamas circulated the tent, exchanging pleasantries with the African leaders and other high-profile guests like former President Jimmy Carter, New York Mayor Bill de Blasio, actors Robert De Niro and Chiwetel Ejiofor, among others, over the course of the night. First lady Michelle Obama, with her hair swept into a bun, stunned in a Prabal Gurung-designed, canary-yellow gown with front-and-back cutouts.

The peak of the soiree arrived when Lionel Richie took to the stage, telling the audience, “Tonight, we’re going to party.” He serenaded the guests with his hits “All Night Long,” “Easy,” “Hello” and “Say You (Say Me).”

Here are some of the highlights from the night’s festivities:

Senegalese President Macky Sall arrives at the White House for a group dinner during the U.S.-Africa Leaders Summit Aug. 5, 2014, in Washington, D.C. BRENDAN SMIALOWSKI/AFP/Getty Images
Guinean President Alpha Condé arrives at the White House for a group dinner during the U.S.-Africa Leaders Summit Aug. 5, 2014, in Washington, D.C. BRENDAN SMIALOWSKI/AFP/Getty Images
Gambian President Yahya Jammeh arrives at the White House for a group dinner during the U.S.-Africa Leaders Summit Aug. 5, 2014, in Washington, D.C. BRENDAN SMIALOWSKI/AFP/Getty Images
Cameroonian President Paul Biya arrives at the White House for a group dinner during the U.S.-Africa Leaders Summit Aug. 5, 2014, in Washington, D.C. BRENDAN SMIALOWSKI/AFP/Getty Images
President Idriss Déby Itno of Chad arrives at the White House for a group dinner during the U.S.-Africa Leaders Summit Aug. 5, 2014, in Washington, D.C. BRENDAN SMIALOWSKI/AFP/Getty Images
Ghanaian President John Dramani Mahama and spouse Lordina Dramani Mahama arrive at the White House for a group dinner during the U.S.-Africa Leaders Summit Aug. 5, 2014, in Washington, D.C. Mark Wilson/Getty Images
Malian President Ibrahim Boubacar Keita and spouse Keïta Aminata Maiga arrive at the White House for a group dinner during the U.S.-Africa Leaders Summit Aug. 5, 2014, in Washington, D.C. Mark Wilson/Getty Images
First lady Michelle Obama raises her glass for a toast during a dinner for participants of the U.S.-Africa Leaders Summit Aug. 5, 2014, in Washington, D.C. BRENDAN SMIALOWSKI/AFP/Getty Images
Rep. Gwen Moore (D-Wis.) talks with Obama senior adviser Valerie Jarrett during a group dinner on the occasion of the U.S.-Africa Leaders Summit on the South Lawn of the White House Aug. 5, 2014, in Washington, D.C. Chip Somodevilla/Getty Images
Singer Lionel Richie performs during a group dinner on the South Lawn of the White House during the U.S.-Africa Leaders Summit Aug. 5, 2014, in Washington, D.C. Chip Somodevilla/Getty Images

 

Written by Erin C.J. Robertson from The Root.

Top 10 African Innovative Countries

Co-published by Cornell University, INSEAD, and WIPO, the annual Global Innovation Index (GII) is a ranking of 142 countries according to their innovation capabilities. Check out the 10 African countries that ranked highest in the 2013 GII and why:

10. Swaziland (Score 29.6, ranked 104 out of 146 countries overall)

At number 10, Swaziland still managed to beat out all the African countries in the top 10 in categoreis such as: audiovisual and communications (76.0), knowledge impact (98.5) and expenditure on education (98.2), according to the 2013 Global Innovation Index.

9. Cape Verde (Score 29.7, ranked 103 overall)

Out of the top 10 African countries on the innovation index, Cape Verde ranked highest when it came to press freedom (84.1). It also ranked highest at gross tertiary outbound enrollement (97.1) and at general infrastructure (87.9).

 

8. Kenya (Score 30.3, ranked 99 overall)

Kenya beats out the others at market access for non-agricultural exports (97.1), at microfinance institutions’ gross loan portfolio (86.6) and ICTs and organizational models creation (73.3).

 

7. Senegal (Score 30.5, ranked 96 overall)

Senegal ranked highest in intangible assets (91.3), GERD financed by abroad (91.9) and communications, computer and information services imports (86.8).

 

6. Ghana (Score 30.6, ranked 94 overall)

Ghana beats out the other African countries in the top 10 with growth rate of GDP per person engaged (100.0), knowledge absorption (85.8) and foreign direct investment net inflows (87.9)

 

5. Morocco (Score 30.9, ranked 92 overall)


Morocco did best at gross capital formation (93.5), graduates in science and engineering (95.9) and national office resident trademark registrations (95.6).

 

4. Botswana (Score 31.1, ranked 91 overall)

Botswana does best of the top 10 at new business density (92.3), GDP per unit of energy use (93.5) and political stability/absence of violence/terrorism (87.9).

 

3. Uganda (Score 31.2, ranked 89 overall)

Uganda beats out the other top 10 for tertiary inbound mobility (72.4) and cost of redundancy dismissal (78.7).

 

2. South Africa (Score 37.6, ranked 58 overall)

South Africa ranked highest in market capitalization (99.0) and ease of getting credit (98.5) and royalties and license fees payments (96.0).

 

1. Mauritius (Score 38, ranked 53 overall)

Mauritius does best at number of feature films produced (98.0), trade and competition (96.4) and foreign direct investment net outflows (99.1).

Who’ll Make African Prosperity Real?

Abuja — This week’s U.S.-Africa Leaders Summit is one more indication of the continent’s rising profile. Seen by many as America’s response to China’s increasing influence in Africa, the question we should be asking is: for whom Africa’s future should matter most, and why?

How African leaders answer this is what will influence their continent’s future and its place in the world.

The ‘Africa Rising’ narrative of the past decade has been driven by fast-growing economies, increased macroeconomic stability and the shift of global investment interest towards the continent, largely as a result of financial crisis and recession in western economies. But there remains the pressing need for home-grown approaches to development and economic transformation that will yield better educated citizens with the right skills, better healthcare, roads and railways, and industrial manufacturing economies.

There has been notable progress in countries such as Ethiopia, Rwanda and Nigeria, which has overtaken South Africa as Africa’s largest economy. But impressive growth rates, though essential for economic development, differ from economic transformation, which is what the continent really needs.

Africa’s future is thus not on auto-pilot to some gilded age. The future will be one created by Africa’s own economic and public policy choices.

One of the most important factors that will determine Africa’s future is how African governments handle the continent’s burgeoning population, presently at over 1.1 billion but projected to hit 2.4 billion people by 2050. Will this rapid rise yield a demographic dividend of economic productivity and wealth creation, as happened in China and the United States, or become a youth bulge in which unskilled and employed youth ignite social unrest and conflict?

Closely related to this demographic challenge is how African countries handle jobless and non-inclusive growth. An overarching context is that of the role of capitalism and free markets in Africa’s quest for growth and transformation.

The 18th century economist Robert Malthus asserted that population, because it increases in geometric ratios, outpaces the earth’s power to provide subsistence – and that surely applies to Africa’s current reality.

While Western countries – and, increasingly, parts of Asia – have escaped this conundrum by controlling population growth and revolutionizing agriculture and boosting crop yields with science and innovation, Africa is still caught in the Malthusian trap.

The continent is yet to improve its agriculture beyond subsistence levels with advanced technologies. Our countries export mostly raw commodities with little or no value added. And at least 13 percent of our youth are unemployed because jobs are not being created at a faster rate than population growth.

Meanwhile, African nations have enthusiastically embraced free markets and private-sector led growth without interrogating fully the nature and limitations of capitalism. The real task for African governments in shaping the continent’s future is to deploy capitalism not as if the free market is an end itself but is a means to a larger end.

The goal has to be lifting the continent’s millions out of poverty and into the middle class through inclusive growth and wealth creation. African countries such as Kenya are leading the way in the area of financial inclusion, through innovation that offers lessons to the rest of the world in mobile telephone banking and payment systems.

However, a more sweeping return to the drawing board is required. First, African governments need to build a conceptual and philosophical framework for African capitalism that lays emphasis on inclusive wealth creation while understanding that some degree of inequality is an inherent trade-off for the reality that capitalism remains the most productive economic system in human history.

Second, it is essential to understand the real drivers of the success of capitalist economies and societies – affordable capital (which is still not widely available in many African countries), property rights and the rule of law, and innovation.

The role of the state and public policy remain critical. While Africa’s economic transformation will be led by business and the private sector, the strategic and enabling role of governments through sound public policy and regulatory frameworks cannot be abdicated.

It is the inadequacy of the guiding hand of the state that is fuelling non-inclusive growth and building risks for Africa’s future.

 

– Kingsley Chiedu Moghalu