The HACSA Summit is the flagship international conference of The Heritage and Cultural Society of Africa (HACSA), a non-profit NGO based in Accra, Ghana. The HACSA Summit 2019 will kick off at the prestigious Kempinski Hotel from 5th to 11th August, with a full week of debate, learning, commemoration, celebration, networking and heritage tours under the theme 400 Years On: Legacy, Communities, Innovation.
A successful launch of the event took place in April and was attended by the Minister of Tourism, Arts and Culture, The Honourable Barbara Oteng-Gyasi MP and other notable personalities from both public and private sector institutions. The Summit will examine the 400-year legacy of the trans-Atlantic trade in enslaved African people. It aims to link, reunite and reconcile affected communities and share examples of innovation and creative strategies to overcome its persisting negative effects. The HACSA Summit 2019 will coincide with and is endorsed by Ghana’s National ‘Year of Return’, which symbolically marks the 400th anniversary since enslaved Africans arrived in the US and invites the African Diaspora back home. The Summit is organised under the patronage of UNESCO which has a mission to preserve the history and memory of the transatlantic slave trade within the context of the UNESCO Slave Route Project.
The Heritage and Cultural Society of Africa, HACSA is a volunteer-led, non-profit, non-partisan, non-governmental organisation and social enterprise founded by Ambassador Johanna Odonkor Svanikier, Ghana’s former Ambassador to France, Portugal, UNESCO and La Francophonie. HACSA’s mission is to highlight the importance of heritage and culture for sustainable socio-economic development and improved standards of living in Africa. Their work is in line with the UN Sustainable Development Goals and Targets, including promoting gender equality, job creation, economic growth and the preservation of heritage sites. HACSA believes that the continent should take advantage of its rich and diverse cultural resources in its quest for economic development. HACSA’s goals include showcasing Africa excellence in Africa and the diaspora and promoting African-made goods and services.
This event will bring together Heads of State, opinion leaders, practitioners, academics and participants from Africa and the diaspora to have open and meaningful debates about learning from the past for the future development of the continent. An impressive lineup of prominent personalities including several high profile women have confirmed to speak. These include the Vice-President of Liberia,
H.E. Jewel Howard Taylor; Ghana’s First Lady, H.E Rebecca Akufo-Addo; former President of Ghana, H.E John Agyekum Kufour, Former Deputy Prime Minister of Zimbabwe, Prof. Arthur Mutambara; Former Deputy Prime Minister of the Republic of Congo, Ambassador Henri Lopes; Partner and MD of Goldman Sachs, Lisa Opoku; Deputy Mayor of Bordeaux, Pierre de Gaétan Njikam; E-Commerce Pioneer and CEO of Overstock.com, Patrick Byrne; Impact Investor & Board Member of the Africa Centre, Dana Reed.
The Summit will focus on three sub-themes - Legacy, Communities and Innovation. It will be a unique opportunity to bring people together, creating a valuable global network of Africans from the Diaspora including African-Americans, Afro-Caribbeans, Afro-Europeans and those who interested in reconnecting and and exploring Africa’s amazing potential and opportunities.
HACSA has partnered with educational, youth and diaspora organisations such as UNESCO, the University of Ghana, Oxford University Africa Society, Blue Skies College, MEST Africa and Future of Ghana. The event will provide investment, inspiration and opportunities for mentorship by luminaries across different fields and industries from around the world.
The Summit will include panels made up of descendants of the renowned enslaved African-American Venture Smith, descendants of the founder of Barclays Bank and the enslaved African families they liberated, an Innovation, Wall Street Bankers discussing the transformative potential of fin-tech in Africa, a Trade and Investment Expo, an archaeological exhibition of objects salvaged from the Marine Drive construction site by the Department of Archaeology of the University of Ghana, film screenings, a Gala dinner dance showcasing African food, fashion and music and guided tours of key heritage sites in Ghana.
The Central Bank of Nigeria (CBN) has said its plan was to put restrictions on sale of forex for the importation of milk from the Nigerian foreign exchange market, rather than placing a ban on the importation of milk.
The apex bank while reacting to news that it planned a ban on the importation of milk, said it lacked such powers, but putting a restriction of forex on the importation would promote local production of milk in the country.
The CBN Director, Corporate Communication Department, Isaac Okorafor, said this in a statement in Abuja on Friday.
According to him, some interests, who feel hurt by the planned policy to boost local production of milk are misleading the public on social media by misrepresenting the case for investments in local milk production.
He said, “Our focus remains ensuring forex savings, job creation and investments in the local production of milk.
“For over 60 years, Nigerian children and indeed adults have been made to be heavily dependent on milk import.
“The national food security implications of this can easily be imagined, particularly, when it is technically and commercially possible to breed the cows that produce milk in Nigeria.
“About three years ago, we began a policy to encourage backward integration to conserve foreign exchange and create jobs for our people.
“Included in this policy package was the introduction of the highly successful policy, which restricted sale of forex from the Nigerian foreign exchange market for the importation of some 43 items goods that could be produced in Nigeria.
“Arising from the success of the restriction policy, we approached some milk importers, like we did for rice, tomato and starch and asked them to take advantage of CBN’s low-interest loans to begin local milk production instead of relying endlessly on milk imports.
“Today, although there have been some successful attempts at producing milk locally, the vast majority of the importers still treat this national aspiration with imperial contempt,” he explained.
The spokesperson said for the avoidance of doubt, milk importation was not banned as the apex bank had no such power.
He added that CBN would only restrict sale of forex for the importation of milk from the Nigerian foreign exchange market.
“We wish to reiterate that we remain ready and able to provide the needed finance to enable investors who genuinely want to engage in milk production.
“The ongoing resort to blackmail and undue politicisation through the use of social media attacks can only serve to strengthen our resolve to wean our country from the clutches of powerful and highly influential traders and dealers.
“Especially those who have kept the masses of our people hostage to foreign consumption and condemned our youths to perpetual unemployment.
“We call on Nigerians to enlist in this vanguard to take our economy back from vested interests, make our country a productive economy and create jobs for our teeming youths,” he said.
Matshela Energy, which is fronted by South Africa’s power utility Eskom’s former chief executive officer, Engineer Matshela Koko, will invest US$250 million into a solar power plant in Gwanda, with project works set to begin next month.
The company was awarded the licence to set up the power plant by the Zimbabwe Energy Regulatory Authority (Zera) on July 17.
It is envisaged that the project, which will produce 100 megawatts, will become the single largest solar venture in the country and will create up to 1000 jobs.
The solar plant dovetails with the country’s renewed push to promote clean energy sources that are meant to protect the environment and reduce attendant consequences such as climate change.
Engineer Koko told The Sunday Mail that the project can be expected to feed into the national grid within the next 12 months.
“The board of Zera approved the issuance of the electricity generation licence to Matshela Energy for Phase 1. Total approximate investment for licensed generation facility: US$250 million.
“The project will create approximately 1 000 direct and indirect jobs during the construction and operation phases,” he said in e-mailed responses.
Eng Koko said he had assembled a “competent team” of energy experts and investors from different parts of the world to embark on the project.
He said the team will be in Harare next month to begin works.
“Our partners will be on site in August to complete the detailed design for the power plant. We believe our team is competent and second to none and will deliver the project without fail.”
“We anticipate first power 12 months from September 2019. Matshela Energy is fully funding the project through a robust financial structure and is expecting no upfront payment from the people of Zimbabwe.
The only expectation is for the Government of Zimbabwe to honour the power purchase agreement that has been signed.”
Engineer Koko said the company will not receive advance payment from the Government, but will use its own resources instead.
He insisted that despite being linked to corruption allegations at the South African power utility, he had a traceable track record of integrity.
“I have had a very successful career at Eskom spanning over 25 years. I have not been charged or found guilty of any corrupt activities and have no pending criminal charges against him. Mr (Wicknell) Chivayo was paid by the Government of Zimbabwe to build a 100 MW solar PV plant. The Government of Zimbabwe, through Zesa, took the risk for the project (and) Chivayo was paid to execute. However, Matshela Energy carries all the financial construction risk for its project and the Government of Zimbabwe takes no risk in this regard.”
The solar project, Eng Koko said, will also consist of an advanced battery energy storage system.
He said because renewable energy does not always coincide with electricity demand, surplus power will be directed towards research and imparting skills to university students.
“Matshela Energy has resolved to ringfence US$100 000 per annum for 20 years to put towards research and innovation in the field of advanced energy storage and renewable energy generation. This will be done in partnership with a local university. The university will be selected in partnership with the Ministry of Energy and Power Development.”
In a notice published last week, Zera said Matshela Energy’s licence would be valid for 25 years.
“The generation licence is hereby granted to Matshela Energy Private Limited in terms of Section 42 of the Electricity Act to own, operate and maintain the 100 MW solar plant called the Matshela Energy-Gwanda Timber Farm Solar Plant at Gwanda Timber Farm, Gwanda, Matabelaland North province for the purpose of generation and supply of electricity.
“Subject to the Electricity Act and the terms and conditions of the licence, the licensee may supply electricity to any transmission, distribution or supply licensee who purchases electricity for resale and with the approval of the authority to any one or more consumers,” Zera said.
Source: Sunday Mail Zimbabwe
Samsung Electronics Co Ltd’s first foldable smartphone, the Galaxy Fold, will go on sale from September in selected markets after the launch was delayed by screen problems earlier this year, the company said.
Samsung is hoping its highly anticipated foldable phone will revive flagging smartphone sales but its rollout has been hampered by defects in samples reported in April, when it was originally due to hit the U.S. market.
The delays cost the South Korean tech giant sales that could have provided a decent bump in revenue during the slow summer season.
Samsung said in a statement it had made improvements to the nearly $2,000 phone and was conducting final tests. Changes included strengthening hinges which early reviewers had found to be problematic.
Analysts said headlines about glitches with sample Folds would dampen consumer excitement around the launch.
“Consumer confidence in Galaxy Fold has significantly deteriorated. If Samsung manages to sell 300,000 devices this year, that can be a decent performance given the delay,” said Kim Young-woo, an analyst at SK Securities.
Samsung said earlier that it planned to make at least 1 million Fold handsets in the first year, versus the total 300 million phones it produces annually on average.
The world’s top smartphone maker has hailed the folding design as the future in a segment that has seen few surprises since Apple Inc’s (AAPL.O) groundbreaking iPhone was released in 2007.
Chinese rival Huawei Technologies Co Ltd has also announced a folding handset, the Mate X, which is expected to go on sale in September.
Samsung is still in talks with mobile carriers around the world to decide on details of the Fold’s sale, a source with knowledge of the matter said.