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Category: Interview Story

  • Maximizing Gold Mining Benefits and the GoldBod Idea in Ghana

    Maximizing Gold Mining Benefits and the GoldBod Idea in Ghana

    Interview Story: By Mohammed A.Abu

    Hari Iyer, Chief Executive Officer(CEO) and Managing Director(MD) of the Sakthi Tading Group, a prominent international gold trade industry player, has noted that, a strict eco-friendly or sustainable mining regime is crucial for Ghana to address the significant socio-ecological costs of gold mining, such as deforestation, water pollution, and soil degradation.

    By adopting sustainable practices, Mr. Iyer intimates, Ghana can protect the environment, ensure long-term economic sustainability, and improve community welfare.

    A focus on responsible mining he contends, will enhance global competitiveness, attract ethical market demand, and reduce illegal mining, adding, “The GoldBod initiative, along with stronger government regulations, can help transition the sector to a more sustainable model, balancing economic growth with ecological preservation for the benefit of future generations”.

    He was speaking in an exclusive interview with your favourite, the Economic & Environmental Africa News, magazine for his expert thoughts relating to Ghana’s government’s recent move to put in place a Ghana GoldBod.

    Regarding the initiative, he notes that GoldBod Ghana appears to be an important player in the evolution of the gold mining and trading sector in Ghana, especially given the complex challenges faced by the country in terms of artisanal mining, environmental impact, and illegal gold trading.

    Mr. Hari provided some insights on the potential significance of GoldBod Ghana as follows:

    1. Ethical Sourcing Leadership

    GoldBod Ghana has the opportunity to lead by example in promoting ethical gold sourcing. As global demand for responsible and traceable gold rises, especially from environmentally conscious buyers and investors, GoldBod could position itself as a pioneer in making Ghana’s gold sector more transparent. Their commitment to traceability, likely through innovative technologies like blockchain, can strengthen the integrity of the entire supply chain, making it more appealing to international markets that prioritize ethical sourcing.

    1. Addressing the Artisanal Mining Crisis

    Artisanal small-scale mining (ASM) is a significant part of Ghana’s gold production but often operates in unsafe, inefficient, and environmentally damaging conditions. GoldBod’s potential to provide structured support to the ASM sector, offering better mining practices, health and safety training, and access to improved equipment, could be transformative. This could lead to a reduction in the harmful effects of illegal mining (Galamsey), such as deforestation, mercury pollution, and unsafe working environments. Their involvement could directly improve the livelihoods of thousands of small-scale miners.

    1. Facilitating Sustainable Mining Practices

    Sustainability is a growing concern in the mining industry, and GoldBod Ghana’s potential to implement environmentally friendly and socially responsible practices is crucial. By introducing eco-friendly mining techniques, such as alternative mercury-free extraction methods and promoting reforestation initiatives, GoldBod can mitigate the environmental damage often associated with gold mining. This could improve the long-term viability of gold mining in Ghana and enhance the country’s reputation in global markets.

    1. Strengthening Governance and Compliance

    GoldBod’s commitment to adhering to international standards and regulations will play a vital role in strengthening governance within Ghana’s gold industry. With proper compliance and transparency mechanisms in place, GoldBod can help address systemic challenges like smuggling, corruption, and unregulated gold trade, ensuring that Ghana’s mining revenues are appropriately taxed and channeled into national development.

    1. Economic and Social Impact

    GoldBod’s focus on sustainable mining practices has the potential to contribute significantly to the economic development of local communities in gold mining regions. Beyond economic growth, their engagement in social initiatives like healthcare, education, and community infrastructure can improve the living conditions of miners and their families. As a result, GoldBod can enhance the social license to operate, which is crucial for the long-term success of mining companies in regions where mining is a central economic activity.

    1. International Partnerships and Investments

    GoldBod Ghana has the potential to attract international investments and forge partnerships with global organizations and companies that prioritize responsible sourcing. This could help them access advanced technologies, financial resources, and expertise needed to modernize the sector. Such collaborations could also enhance Ghana’s position in the global gold market, opening new export opportunities and enhancing trade relationships.

    1. Risk Mitigation in Gold Trading

    The volatility of the gold market, with fluctuating prices and risks associated with illegal trade and geopolitical instability, poses a challenge for gold trading companies. GoldBod’s adoption of cutting-edge technologies and adherence to legal and ethical standards could act as a hedge against these risks, offering stability and trustworthiness to both local and international stakeholders.

    1. Potential Challenges

    While GoldBod Ghana’s approach seems promising, challenges remain in terms of overcoming entrenched practices within the informal mining sector, securing buy-in from local miners, and navigating the complexities of Ghana’s regulatory environment. Additionally, competing with illicit gold trade operations might prove difficult, as illegal mining can often be more financially attractive in the short term.

    Investment Opportunities GoldBod Offer Sakthi Trading

    On what business Prospects the GoldBod idea has for the Sakthi Trading Group in Ghana, he responded thus,” For Sakthi Trading Group, the establishment of Ghana’s GoldBod offers several promising investment opportunities within the mining and production management value chain”:

    1. Gold Mining & Extraction Investments

    Sakthi Trading Group could invest in gold extraction operations, either through direct involvement or by partnering with licensed small-scale miners. As GoldBod becomes the sole buyer of gold from legal miners, there’s a guaranteed market for the mined gold, which reduces risk and ensures steady revenue streams.

    1. Gold Refining & Value Addition

    GoldBod’s focus on refining and value addition presents an opportunity for Sakthi Trading Group to invest in refining infrastructure or establish partnerships with refining operations. They could integrate these activities into their supply chain, adding value to raw gold and enhancing profitability through higher-grade gold products for both local and international markets.

    1. Gold Export & Marketing

    With GoldBod serving as the sole exporter of gold from the legal small-scale sector, Sakthi Trading Group could tap into international markets by partnering with GoldBod for the export of refined gold. This also allows the group to leverage global demand for responsibly sourced gold, enhancing its position in international markets and contributing to Ghana’s foreign exchange accumulation.

    1. Gold Assaying & Quality Control

    Given that GoldBod will be the sole assayer of gold, Sakthi Trading Group could invest in or collaborate with assaying facilities to support gold testing and certification processes. Establishing a presence in the assaying segment of the supply chain provides an opportunity for Sakthi to ensure that their gold meets international standards, fostering trust and marketability.

    1. Supply Chain and Logistics

    As the GoldBod framework establishes a structured system for sourcing, refining, and exporting gold, Sakthi Trading Group can invest in the supply chain infrastructure, including logistics and transportation. With GoldBod centralizing the process, the group could play a key role in ensuring efficient movement of gold from mining sites to refineries and international markets.

    1. Local Economic Growth and Stabilization

    Sakthi Trading Group’s involvement in the GoldBod framework also allows it to contribute to the economic stabilization of Ghana. As the GoldBod aims to reduce gold smuggling and stabilize the local currency, Sakthi can benefit from an improved business environment and increased stability in the gold sector, making it a more attractive long-term investment.

    1. Technological Integration

    There is an opportunity to invest in technology that enhances the mining, refining, and marketing processes. GoldBod’s push for more transparent, efficient, and legal operations opens the door for Sakthi Trading Group to integrate advanced technologies such as blockchain for traceability, AI for market forecasting, or automation in refining processes.

    Through strategic investments in mining operations, refining, logistics, and technology, Sakthi Trading Group could capitalize on the GoldBod initiative to expand its footprint in Ghana’s gold sector. By aligning with the government’s vision of formalizing and improving the gold value chain, Sakthi can enhance profitability while contributing to the economic growth and stability of Ghana.

    Role and Responsibilities to Sakthi Trading Group

    On what is the exact role he plays as the CEO/MD of the group for the past 08 yrs, Mr.Iyer  said his roles are the following:

    Strategic Leadership: identifies growth opportunities, and ensures compliance with global gold trading standards.

    Business operations and Risk management:  oversees gold procurement, logistics, and sales, manages supply chain relationships, and implements risk management strategies for market and security risks.

    Financial Oversight: manage financial health, secure funding, and oversees hedging strategies to mitigate price volatility risks.

    Regulatory: Ensure AML and KYC compliance, upholds ethical sourcing, and engages with regulators.

    Brand: builds partnerships, explores new markets, and strengthens brand reputation in the gold industry.

    Technology: leverages blockchain, AI, and digital transformation to enhance transparency, efficiency, and customer engagement.

    Team leadership: leads the executive team, fosters corporate culture, engages stakeholders, and drives talent development.

    Flashback-Global Gold Dore Forum, Accra,2017

    Sakthi Trading Group was the title sponsor of the first ever Global Gold Dore Forum, held in Accra in January 2017. As CEO/MD of Sakthi Trading Group, I emphasized the importance of transparency and responsible conduct in the gold market.

    • “Sakthi Trading Group firmly believes that responsible business is the only sustainable business.”
    • We seek to understand various initiatives led by both government and non-government entities in Africa and aim to contribute to solutions wherever possible.

    Commitment to Collaboration and Partnerships

    Sakthi Trading Group is dedicated to working with organizations that share its values and adhere to regulations. Through strategic collaborations, the group strives to promote responsible gold sourcing and support a more sustainable future.

    Supporting Artisanal Small-Scale Gold Mining Sector Reform

    Flashback-Global Dore Forum,Accra-2017

    At the Global Gold Dore Forum conference,held in Accra in 2017,Sakthi Trading Group was not only a Lead Sponsor,but also expressed its commitment to participating in the reform of Ghana’s artisanal small-scale gold mining sector. This initiative reinforces the company’s dedication to ethical gold sourcing and industry sustainability.

    The position of Sakthi Trading Group is the beginning of a privately-owned investment holding company for the group- IDM Global Holdings (Hong Kong) Limited focusing on investments in to international mining, production management and full mining services companies based in West and East Africa.

     

     

     

     

     

     

     

     

     

  • Combating Africa,3rd World Debt Burden

    Combating Africa,3rd World Debt Burden

    Story: Mohammed A. Abu

    Mr. Sohaili Ahmed Zubairi, a globally renowned Islamic Banking and Finance(IBF) and Shariah Consultant, who is also a former Advisor to the Dubai Federal government on Islamic economy, has said that, the current age-old debt initiation system has completely failed.

    That is, in providing the economic relief to the people whose countries borrow money from development financial institutions (DFIs).

    This outdated method Mr. Sohail intimates, needs to be replaced by a disruptive approach with the help of technology which should work inversely than initiating debt and piling it up over the existing liabilities.

    Reasons

    “The borrowing by the Global South countries in US$ or any other foreign currency puts pressure on local currency, resulting in its depreciation which in turn increases the inflation.

    “Another factor is rampant corruption resulting in massive misuse of borrowed funds. A tiny percentage gets rich thanks to siphoning of funds for their own benefit and the people for whom the money was borrowed never get to see any value and get poorer.

    “Another downside element in keep on borrowing is that, since the borrowed funds were not deployed for any productive purpose, the interest becomes additional burden for which the country reduces subsidies if they were there, cuts the development and social budget and indulge in costly borrowing from local central and commercial banks, or goes back to same or another DFI organization to borrow more to be able to pay the interest on existing debt.

    “The 3rd major disadvantage of such foreign borrowing by poor countries is the repayment of principal amount for which new borrowing is sought from DFIs.

    “I have seen the countries borrowing from a different DFI to repay to an existing DFI. Each time a new borrowing request is made, the country’s credit rating goes down and it gets more and more difficult to get access to new money” laments Mr. Sohail adding, “So, nothing goes right for the hapless sovereign state”

    Mr. Sohail was speaking during an exclusive interview with your favourite, the Eco-Enviro News Africa magazine on how IBF could be leveraged for addressing the 3rd World debt overhung with particular reference to Africa. The continent was said to have recorded a public debt of USD1.8 trillion as of 2022, a 183 percent increase since 2010 which was much faster than the growth rate of its GDP.In 2021 with African governments said to have spent 4.8 percent of their GDP on debt servicing compared to 2.6 percent on health and education.

    Islamic Sovereign Bonds(Sukuk) to the Rescue?

    Contrary to populist view that Sovereign, Sukuk is the perfect panacea to 3rd World debt burden Mr. Sohail notes that, looking at sovereign Sukuk to solve the problem is being naïve since it makes no difference whether you issue conventional bond or Islamic Sukuk.

    This is because, Mr. Sohail notes, the legal opinion issued by the counsel representing the potential investors categorize the Sukuk as debt capital market instrument (DCM), same as bond, and not as the equity capital market (ECM) instrument. Same applies to local currency Sukuk which too goes to add to local currency debt.

    “It is incorrect to consider that by issuing Sukuk, you would not incur debt. There is no difference between bond and Sukuk when it comes to initiating the debt instrument. By issuing Sukuk, you reach the same result as when you issue bond.

    “This is unfortunate that Sukuk is considered DCM although it is markedly different from bond in that former is asset based instrument whereas the latter is clean borrowing. It is a condition that the return to the Sukuk investors is generated by the Sukuk asset whereby there is no such condition in bond which pays interest irrespective of the application of bond proceeds.

    “Moreover, the Sukuk investors become pro-rata undivided owner of the Sukuk asset and thus are exposed to diminution in the value of their investment upon the Sukuk asset incurring any damage or total loss.

    “Another aspect is that all African countries are situated in Global South and most of them have no country rating. Those who are rated have junk grade and will not find any international institutional investor for their Sukuk. Even if they are lucky to attract some investors, due to non-investor grade rating (or junk rating) they will be demanded very high pricing.

    “This is the capital market norm that any investment made by an institutional investor or a bank must be cleared by their board of directors. The board only approves investor-grade instrument for investment, starting with AAA and ending at Baa3 (Moodys), BBB- (S&P and Fitch).

    On what is his expert recommendation for African countries struggling to make the ends meet, Mr. Sohail said, he will strongly recommend that instead of over focusing on foreign direct investment which is a far cry, they must pay attention to deepen their domestic capital market.

    “Here, they could consider issuing local currency Sukuk with entry threshold kept low to mop up the liquidity from grass root level. The household in any country have great potential to contribute but are never given importance.

    “The local currency retail Sukuk shall also reduce the dependence of public and private sector on to the banking industry which in turn shall be able to divert funds towards projects of national development.

    “Also, the demand and supply equilibrium shall come into play since thriving local currency capital market would force the banks to reduce the rates at which they lend money.

    “A thriving example is Malaysia where the domestic capital market is so strong that the country hardly issues a foreign instrument” he added.

    Islamic Asset Tokenization Option to Sukuk

    On what sharia compliant option other than sukuk would he recommend, for debt ridden 3rd World countries struggling with the never ending debt spiral Mr. Sohail said, the disruptive approach, or otherwise termed as Islamic Asset Tokenization.

    The Islamic asset tokenization, he says, could be used for any Sharia compliant asset, be it immovable or movable.

    In simple terms, Mr. Sohail explains, the asset tokenization means fractionalization of the ownership of an asset in bite size tokens e.g. Ghanaian Cedi 100/- per token and the sale of tokens through blockchain. “Following shall be the benefits of such transaction”

    • It would not be classified as DCM but ECM, hence, there shall be no increase in the sovereign debt. To the contrary, the tokenization funding can be diverted to retire the debt, starting from most expensive borrowing.
    • Instead of relying on foreign assistance, the country shall stimulate its own domestic capital market and mobilize local resources to do large fund-raising by selling tokens to public. The amount shall then be first diverted to eliminate local currency debt followed by FC borrowing.
    • The small size of tokens shall enable the state to mop up the liquidity from grass root level which has never been done.
    • The Sharia compliant assets for the purpose of tokenization may include the government owned real estate whether rented or self-use, monetization of future road toll, airport, sea-port, fleet of planes, railway, road transport, or any other Sharia compliant asset.
    • Enormous amount of funding has gone into making these large hard-core assets and the annual revenue generated from them stretches the recovery period to over a decade. The tokenization shall enable the release of massive liquidity which can be prudently utilized to reduce debt which in turn shall curtail debt servicing, thus sparing the funds for public service causes, which hitherto were assigned to payment of interest.
    • If the private sector also follows the course and resorts to tokenization, there shall be less dependence on banking sector which shall indirectly result in diversion of spared funds to the developmental projects undertaken by the state at lower pricing.
    • A government-owned or supported digital platform shall be needed for higher credibility. Several tokens can be traded at the platform at one time similar to various shares traded at a bourse.
    • The investors can offload the tokens at any time third party buyers from within the country or the overseas diaspora

    . Future Projections     

    Citibank anticipates tokenization to grow by a factor of 80x to reach $4T by 2030 whereas BCG puts it at $16T by 2030. Deloitte estimates 10% of global GDP to be tokenized by 2027 and JP Morgan states that tokenization is the killer of traditional finance.

    On what is his expert opinion with regards to the clarion call made by Africa’s Islamic finance advocates and enthusiasts on governments of African countries to adopt Islamic finance as an alternative financial system, he notes as follows:

    “Adoption of Islamic finance by the African states will offer an alternate financial system with the parameters embedded in honesty, fairness, justice, sharing and caring besides no hidden fine print.

    “The Islamic financing principles are God made and not man made, hence they are free from exploitation, greed, dishonesty, misrepresentation, deceit and cruelty. To the contrary, man-made systems is heavily protective of the lender and harsh to the borrower.

    “The reason for such cruelty is that the conventional system treats money as commodity which creates rigidity since money is on both sides i.e. lending and the repayment.

    “To the contrary, the Islamic principles treat the money simply as a medium of exchange and not the commodity hence the money is only on one side and the on the other side you will find good, assets and services.

    Introduction of IBF by first time Countries

    “Any African country willing to roll out Islamic finance must make its banking, taxation and legal system accommodative to Islamic finance. This requires review of existing statutes and making changes wherever deemed necessary.

    “The reason why the changes need to be made is that as opposed to conventional finance where ‘one size fits all’ i.e. all clients’ needs are met through interest based lending, the Islamic finance is comprised of sale contracts and investment contracts.

    “Introducing Islamic finance without amending the laws may incur double VAT or GST, hence making the transaction unattractive due to overloading of levies at both ends” adds Mr. Sohail.

    On what is his comments on Ghana’s President John Dramani Mahama’s recent announcement that the country plans to introduce Islamic banking instruments, Mr. Sohail notes,

    “It is a great development and exhibits strong political commitment. The top-down approach is always effective for any new initiative. I would hope that the president makes it clear that the Islamic finance is ethical finance and therefore, open to all citizens of Ghana irrespective of religious affiliations.

    What is Islamic Finance?

    Islamic finance is just another financial system with the difference that it is based on trading and investment and derives profit from such transactions rather than lending money and earn interest.

    Another feature of Islamic finance is that its principles are ‘cast in stone’ and have not changed since 7th century AD when Prophet Mohammed (peace be upon him) had perfected them before passing away.

    These principles are based on morals and ethics embedded in Quranic teachings which is the last word of God Almighty to humans and has been preserved in the sense that not a single letter has been replaced, changed or amended.

    This is possible since God has Himself guaranteed protection of the entire Quranic text. Many efforts have been done to alter the glorious Quran but all have failed since the text is guaranteed by no one else but the author of Quran – God Almighty.

    In Quran, God instructed Muslims to obey Him and obey Prophet Mohammed (pbuh) in order to achieve impeccable belief (Iman). Hence, the first source of guidance is the holy book Quran, followed by the Sunnah – sayings, actions and traditions of Prophet Mohammed (pbuh) and the approvals he granted to sayings or actions carried out by his companions – men and women.

    Since all Islamic financing and investment contracts were finalized by Prophet Mohammed (pbuh) in his lifetime, they became the cornerstone of Islamic finance without any compromise on their principles. Thus, a Murabaha contract is currently executed in the same sequence and manner as it was carried out during the life of Prophet Mohammed (pbuh).

    There is a saying that the only constant in this world is the change, meaning nothing is constant. Islamic financing principles have proved the saying wrong since there has been no change in the Islamic contracts during last 14 centuries and they will continue to remain steadfast in the future as well.

    I have observed this phenomenon several times since I joined Islamic banking in 2001 that pressure was brought on by the market forces on to the Sharia scholars to allow some changes to Islamic contracts to match with conventional financial system but no scholar could accommodate even a minor change since that would have tantamount to going against Quran and Sunnah.

    Even if a scholar tried a minor change, the other scholars did not agree to it. The peer pressure work as a good check and balance measure in Islamic finance.

     

     

     

     

     

     

     

  • Dubai’s tourism triumph: Issam Kazim on the strategy driving Brand Dubai

    Dubai’s tourism triumph: Issam Kazim on the strategy driving Brand Dubai

    Dubai’s tourism sector has been on a remarkable trajectory, marking an 11 per cent increase in international overnight visitors in Q1 2024, with 5.18 million visitors gracing the emirate’s shores.

    This surge follows a record-breaking year in 2023, where Dubai welcomed an unprecedented 17.15 million international overnight visitors, firmly establishing itself as a global tourism powerhouse.

    Dubai’s success story isn’t just confined to numbers; it’s a testament to the city’s diversified approach, tailored strategies, and activities across more than 80 markets.

    This approach has maintained Dubai’s status as the destination of choice for visitors worldwide, as evidenced by its recent recognition as the top spot in the Tripadvisor Travellers’ Choice Best of the Best 2024 awards for the third consecutive year.

    The success story doesn’t end here; Dubai International Airport (DXB) has recorded its busiest quarter in history, with an impressive 23 million guests passing through its terminals.

    We caught up with Issam Kazim, CEO of Dubai Corporation for Tourism & Commerce Marketing, at the recent ATM show, where he shared the strategies, innovations and vision that continue to drive Dubai’s success on the global stage.

    Tell us about Dubai’s tourism achievements in 2023 and what has been driving them.

    Dubai’s success is driven by visionary leadership, which keeps us on track and punctual. Our ambitious targets and goals push us to create the foundation for our successes.

    When we launched our strategy in 2014, we focused on moving beyond our traditionally strong markets to a more diversified approach.

    We are in a dynamic environment influenced by socioeconomic and geopolitical factors beyond our control. Therefore, we ensure our trade and markets remain active worldwide.

    If one market slows down, we can quickly pivot to others to compensate. This market-to-market perspective is crucial.

    We’ve transitioned from traditional marketing to a digital focus, becoming leaders in this space. Strong relationships with key global players help us leverage their know-how and continue our growth.

    Our targets — such as increasing visitor numbers, length of stay, spending, GDP contribution, and repeat visitation — were challenging but exciting to achieve.

    Today, Dubai enjoys a 25 per cent repeat visitation rate within 12 months, which we’re very proud of.

    This success is not just due to marketing campaigns but also the service delivered by both the private and public sectors.

    From the moment visitors board a flight to Dubai, through their stay, and until they leave, every touchpoint ensures a smooth, safe, and enjoyable experience.

    We’ve launched initiatives to showcase not just luxury but also Dubai’s culture, tradition, and affordability.

    This diversified market approach allows us to create bespoke campaigns for different demographics, working with key opinion leaders, influencers, and celebrities from Bollywood, Hollywood, Nollywood, and more.

    Are you exploring new markets?

    Yes, indeed, we are consistently exploring new markets, and sometimes we’re even delving into different segments within existing markets. This level of customisation allows us to tap into various demographics and segments of the market.

    For instance, some markets previously associated Dubai solely with luxury. However, there’s immense potential in showcasing the non-luxury aspects of Dubai. Even a three-star or four-star accommodation here can rival five-star experiences elsewhere in the world.

    We’ve been deliberate in incentivising investment in the three- and four-star sector, ensuring that while offering incentives, we maintain Dubai’s reputation for luxury and quality.

    Additionally, we keep a close eye on the routes opened up by flydubai and Emirates, identifying potential growth markets and aligning our marketing efforts accordingly.

    If there’s a positive response from a market, we explore opportunities for scheduled or charter flights, collaborating with Dubai World Central (DWC) to facilitate increased air traffic.

    Every step we take is meticulously planned and analysed, with a structured approach guiding our decisions. Collaboration between the public and private sectors ensures that we have the right visa policies and regulations in place to welcome visitors from diverse markets.

    Ultimately, our goal is to continue expanding Dubai’s reach and appeal to a global audience.

    How are you pushing to achieve the D33 economic agenda targets?

    Our tourism strategy now includes remote working opportunities and new visas, leading to more people relocating to Dubai. We’re the number one relocation destination and the top for remote working globally. We’ve also introduced a retirement visa.

    We’re attracting regional and global HQs to Dubai, leveraging our connectivity and visa policies.

    Free zones in the city make it easy for companies to operate here. We’re continuously meeting with the private sector to address their needs and implement new programmes, maintaining an entrepreneurial, startup spirit.

    How is sustainability incorporated into your agenda?

    Sustainability holds deep significance for us, rooted intrinsically in our cultural ethos. Originating from a desert landscape where resources were scarce,
    we’ve embraced a mindset of preservation, recognising the finite nature of our surroundings.

    This ethos permeates every facet of our endeavours, from tourism to urban development.

    Several initiatives underscore our commitment to sustainability. In the tourism sector, we’ve incentivised hotels to retrofit their properties to meet stringent sustainability standards.

    Additionally, we’ve made tools like carbon calculators readily available on our website to empower individuals and businesses to track and reduce their environmental footprint.

    On the regulatory front, we’re implementing stringent standards for new developments to ensure compliance with sustainability norms.

    In collaboration with the hospitality industry, we’ve witnessed the swift adoption of sustainable practices, such as eliminating single-use plastics in hotel rooms and investing in on-site bottling plants to reduce carbon emissions associated with bottled water transportation.

    Furthermore, our citywide infrastructure reflects our commitment to sustainability, with cooling stations and watering facilities installed in public spaces to promote sustainable living.

    Looking ahead, we remain steadfast in our sustainability efforts. Recently, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of the Executive Council of Dubai, launched Dubai Reef, the latest endeavour under the Dubai Can initiative.

    This project aims to enhance marine biodiversity and promote eco-tourism by introducing coral reefs into our waters.

    How do you see the GCC unified visa initiative boosting tourism?

    We’re continually focused on streamlining visa processes to enhance the ease of travel for tourists. Simplifying visa procedures not only facilitates my role in attracting more visitors but also enriches the overall tourism experience in Dubai.

    While proximity markets and those familiar with Dubai may find visa procedures manageable, attracting tourists from farther regions presents a unique challenge.

    For many potential visitors, Dubai may not rank as a top destination on their travel list due to limited awareness of the diverse offerings and experiences available here. The introduction of the GCC unified visa will play a pivotal role in changing this perception.

    By offering tourists the opportunity to explore multiple destinations within the GCC region with a single visa, Dubai becomes a more compelling choice for travellers seeking diverse experiences.

    This unified visa not only simplifies travel logistics but also highlights the interconnectedness of destinations within the GCC, making Dubai a gateway to a broader spectrum of experiences.

    As a result, tourists are more likely to view Dubai as a pivotal hub for their travels, encouraging repeat visits and extended stays.

    However, with the implementation of the GCC unified visa, the onus is on us and our stakeholders to showcase Dubai’s unique attractions and experiences effectively.

    What can we expect from Brand Dubai in terms of tourism?

    Dubai is always innovating. We’ve introduced cycling and hiking tracks, a Real Madrid World theme park, new hotels like One&Only’s first city resort and Siro Hotel, and numerous gastronomy offerings.

    Our Michelin Guide has grown, highlighting our culinary excellence, including three Green Star restaurants for sustainability.

    Hatta’s development, the new airport with a capacity of 260 million passengers, and the unified visa are all part of our efforts to enhance Dubai’s tourism.

    The unified visa will make it easier for tourists to explore the region, compelling them to visit Dubai and other nearby destinations.

    What can the world learn from Dubai’s leadership?

    Our leadership combines vision with commitment to delivery and execution. Sheikh Mohammed bin Rashid Al Maktoum, the Vice-President and Prime Minister of the UAE, and Ruler of Dubai, sets ambitious targets and ensures we monitor and communicate our progress transparently.

    This approach helped us rebound quickly from Covid-19, achieving record-breaking growth in 2023 and continuing into 2024.

    Our leadership’s accessibility and dedication to public service ensure we address stakeholders’ needs and work collaboratively. This mindset filters through every touchpoint of our organisation, fostering a culture of agility and responsiveness.

    I can say we are a startup at heart, always striving for what’s next.

    SOURCE

    GULF BUSINESS 

  • ‘Nigeria spends $600m annually on palm oil importation’

    ‘Nigeria spends $600m annually on palm oil importation’

    The National Palm Produce Association of Nigeria (NPPAN) has revealed that Nigeria spends $600 million annually on  palm oil oil importation.

    This was stated by Mr Alphonsus Inyang, the National President of the association, in an interview with the News Agency of Nigeria (NAN) on Tuesday in Abuja.

    Inyang criticised these expenses as detrimental to national development, suggesting that the funds could be better utilised within the economy if the  palm oil oil sub-sector received adequate attention from successive governments

    He highlighted Nigeria’s historical self-sufficiency in palm oil production, contrasting it with the current situation where a substantial portion of the country’s palm oil is imported.

    “In the 60s, Nigeria was the leading global producer and exporter of  palm oil oil, controlling over 60 per cent of the world’s supply,” Inyang said.

    “Now, more than 50 per cent of our consumption is met through imports.” Currently, Nigeria ranks fifth among  palm oil-producing countries, trailing Indonesia, Malaysia, Thailand, and Colombia.

    Inyang warned that Nigeria might lose this position to smaller countries investing heavily in the sector.

    According to the U.S. Department of Agriculture, Nigeria produces 1.4 million metric tons of  palm oil oil annually, accounting for 1.5 per cent of the world’s total output.

    This production level is significantly lower than the leading producers: Indonesia at 50 million metric tons, Malaysia at 19 million metric tons, Thailand at 3.28 million metric tons, and Colombia at 1.9 million metric tons.

    SOURCE

    WEEKLY AGRICULTURE DIGITS,NIGERIA

     

  • Entrepreneur Mahmoud Bartawi on cooking up a startup success

    Entrepreneur Mahmoud Bartawi on cooking up a startup success

    Mahmoud Bartawi founded Under500, a brand that was ultimately acquired by dark kitchen outfit Kitopi after raising $700m from investors

    Emirati serial entrepreneur Mahmoud Bartawi knows a thing or two about starting and exiting a business.

    In 2016, Bartawi founded Under500, a brand that pioneered selling healthy meals consisting of less than 500 calories. Fast forward to 2021 and Under500 was acquired by dark kitchen outfit Kitopi after raising $700m through investors, including SoftBank’s Vision Fund 2. In a recent interview with Gulf Business, Bartawi gives some tips to budding entrepreneurs in the GCC.

    Mahmoud Bartawi, can you give us the backstory to how Under500 started?

    Ten years ago, I was going to the gym, trying to be healthy, and looking for healthy food options, but there weren’t many around me. I approached a couple of healthy food brands, asking if they would franchise their location to me. Essentially, I would pay a downpayment, and they would then provide me with the know-how to replicate their existing brand.

    I first approached Subway, but they rejected me. Then I tried another local healthy food brand, but they said I didn’t have the necessary experience. At that time, I was a corporate banker with about five years of experience at major banks like Emirates NBD and FAB.

    Facing the challenge of finding healthy food options and the rejections from these brands motivated me to start my own healthy food brand. That was the beginning of my startup journey with Under500. I found a great co-founder, and we grew the brand beyond Dubai and the UAE to include Saudi Arabia, Iraq, the US, the UK, and Kuwait.

    Initially, we planned to franchise locations. We did franchise a few units in Iraq and Dubai, and we were on the verge of franchising in Saudi Arabia. However, we were interrupted by the emergence of cloud kitchens, which introduced the innovative concept of dark kitchens. We saw dark kitchens as the next step in franchising — Franchising 2.0 as I put it.

    They allowed us to enter new markets more easily by providing locations and the ability to sell our brand without committing to a physical branch upfront. That marked the evolution of our startup.

    How did you go about getting your first customer?

    I believe that for any business, whether it’s technology or food, you need proof of concept before investing significant resources. For us, it started with a food tasting at home. I invited my friends over and hired an Italian chef and nutritionist to prepare the food. I would then have my friends try it and see if anyone was interested in buying it.

    My advice for anyone starting a business is to create something and give it out to your neighbours for free, along with a note saying, “This is my contact information if you want to buy this or get more.” If out of ten neighbours, three come back wanting to pay for it, then you know you have a viable product.

    Once you have initial interest, that’s where sales and marketing come in. The next step is scaling, reducing costs and figuring out how to produce your product on a larger scale. Creating a feedback loop is crucial.

    The food and beverage sector has a lot of opportunities, but it is a crowded space. How did you find gaps in the market and still achieve scale?

    The food business is indeed saturated. To navigate this, you need to look at current trends and understand what’s working. If I were to start a food business today, I would approach an aggregator like Deliveroo or Uber Eats, who have insights into various brands and their demand. They can tell you whether there’s more demand for chicken, meat, fish, or vegan options, for example.

    Based on this information, you can identify trends and opportunities. Differentiation is key. You need signature dishes that set your brand apart. If your offering is something that anyone can make at home, it won’t stand out. So, create a few unique dishes that people will associate with your brand.

    It’s also important to continuously iterate and improve. You should always strive to enhance your offerings. This could mean starting with a broad menu and refining it down to the most successful items. For instance, you might have 30 items initially, but through feedback and sales data, you might reduce it to the top-performing 10.

    If you already have a brand on platforms like Deliveroo or Zomato, analyse what sells well and build a separate brand around those successful products.

    If you don’t have a brand yet, approach these platforms to learn about current trends and popular items.

    Sales and marketing are also crucial for any business. You need someone who understands the market and how to enter it successfully. Many businesses fail because they focus on operations first, rather than prioritising sales and marketing.

    Do you think businesses and entrepreneurs in the UAE have the patience and resilience to test things out over time, as you’ve done?

    I think patience and resilience are definitely there. However, what I see lacking is the time commitment. Many people here have full-time jobs and try to outsource the entire startup process. They don’t realise that a startup requires significant personal investment, including weekends and evenings. Doing a startup alongside a full-time job is like having two jobs, not just delegating tasks to someone else.

    Often, I see people hiring a chef and giving them money to create a brand, treating it more like a hobby. Competing with someone fully dedicated to their startup will be very challenging if you’re not equally invested. Running a home business for fun is one approach, but if you’re serious, you need to set aside time for learning and research.

    Understand your competitors, identify the best location, decide whether to focus on delivery or dine-in, and know your target customers. If you’re thinking of a unique concept, like a square pizza, gauge interest first. If there’s demand, then you can develop the product.

    Market research is essential. Use tools like Excel and Google to document and analyse your findings. For example, search for healthy food options or car workshops in your area. Identify patterns, such as location and pricing. No one will hand you this information, so you need to actively seek it out.

    SOURCE

    CULF BUSINESS

  • Empowering Vision: Canon Young People Programme and Lens on Life Collaboration Explored

    Empowering Vision: Canon Young People Programme and Lens on Life Collaboration Explored

    Sam and Jack Powers are the driving force behind Lens on Life’s groundbreaking partnership with the Canon Young People Programme (CYPP) in Central and North Africa and in the Middle East. Lens on Life is a nonprofit organisation, supporting photography and computer literacy training for young people around the world. During a recent visit to Dubai, Sam and Jack shared insights into their inspiring journey and the transformative impact of their partnership with Canon YPP.

    Q1: How did Lens on Life come to fruition? What led to the collaboration with Canon?

    Lens on Life began as a tribute to our mother, an art dealer in New York, who had a passion for photography and community engagement. After her passing, we felt compelled to honour her legacy by continuing her work.

    We reached out to communities worldwide, starting with a small organisation in Congo, where we conducted a ten-day workshop. Inspired by this experience, we formalised our efforts, establishing Lens on Life as a nonprofit organisation. We raised funds to build our first school in Goma, and from there our initiative expanded.

    Seeking collaboration opportunities, we initially connected with Canon through our involvement with the Miraisha Programme in the DRC. This led to digital classes via platforms like Zoom. Subsequently, our association expanded through the Canon Young People Programme (CYPP), marking a fruitful collaboration three years later.

    Q2: Can you provide some insights into Lens on Life’s expansion plans in Africa, and how are they aligned with your mission to empower underprivileged youth or underrepresented youth by focusing on visual storytelling?

    Our journey began in the DRC, where a local organisation in Goma became our partner. They focused on building community while we provided the tools for change. This collaboration became our model for expansion to other locations. As word of our success spread, other communities reached out, leading to rapid expansion across Cameroon, Iraq, and beyond. Within six years, we went from a programme at one school, to five programmes.

    Our expansion is continuing as organisations across Africa seek partnerships. In Nigeria and South Africa, there’s a demand for additional extracurricular activities for youth, prompting invitations for Lens on Life to ‘set up shop’ and build permanent schools. This approach aligns with our shared belief with Canon in the transformative power of visual storytelling for youth empowerment and shaping the future.

    Q3: Engaging communities and stakeholders are crucial for the success of educational programmes. Does Lens on Life plan to involve local communities, governments, and other stakeholders in the planning and implementation of the CYPP programs in Africa?

    A significant outcome of Lens on Life’s work is the employment of young individuals who complete our programme with a new-found passion for photography. Many go on to pursue photography as a career, filling positions in their communities previously held by Western photographers and journalists. For instance, in Goma, one of our students now shoots for major news agencies and has won multiple awards. This shift towards local storytelling is noticed by the community, local governments, chiefs, and governors, who value the representation of their narratives. This often leads to partnerships with local authorities, bringing approval for our programmes and official recognition of our young photographers.

    We serve as facilitators, enabling communities to express themselves authentically. While we collaborate with local, regional, and state governments, our work is not dictated by them. Instead, through partnerships like Canon Young People Programme, we empower young people to shape their futures using photography as a tool for change.

    Q4: How precisely does Lens on Life utilise Canon technology and conduct workshops in these remote regions? And what challenges have you faced during implementation?

    When we began, we could only afford ten small point-and-shoot Canons, but now every young person in the Lens on Life and Canon Young People Programme has a Canon DSLR. This equipment enables them to both take photos and compete globally. We have encountered some logistical challenges in delivering equipment to remote areas, as well as cultural barriers in places where photography isn’t always welcomed. Obtaining government permission, dealing with equipment maintenance in regions lacking a reliable supply chain, and ensuring sustainability are ongoing challenges. Nevertheless, our schools have become safe havens and technology hubs for the youth in these underserved areas.

    Q5: How does the partnership with Canon Young People Programme benefit Lens on Life in terms of expanding its reach and impact among diverse demographics, particularly in Africa?

    Lens on Life was founded to bridge the gap beneficiaries face in accessing the global economy. Canon’s support has significantly boosted our efforts by facilitating our students’ entry into communities they might not otherwise access, including opportunities with the United Nations and online exposure. This has empowered students to actively engage with initiatives like the SDGs, enabling them to discuss global issues more effectively. Furthermore, Canon’s reputation has lent credibility and trust, enabling us to engage in meaningful discussions with various stakeholders. Our students are viewed not just as ambassadors for Lens on Life, but also as representatives of the Canon brand, amplifying our voices and impact.

    Q6: How does Lens on Life measure the effectiveness and impact of its programmes in empowering young people and fostering socio-economic growth, particularly in Africa?

    We’ve witnessed numerous success stories from students who have participated in our programme. While not every student becomes a locally recognised photojournalist, many have overcome significant challenges and achieved remarkable success. For instance, one of our students from the DRC is now recognised as a leading African photojournalist, while another in Cameroon travels the world for photography assignments.

    Even those who may not gain worldwide fame find meaningful employment opportunities locally, such as working for NGOs, or capturing global initiatives as photographers.

    We’ve also implemented a survey, developed with the help of Beyond Conflict, to measure the social impact of our programme.

    Q7: Could you share a specific success story of a student who has significantly benefited from the partnership between Lens on Life and Canon’s Young People Programme?

    In Congo, one of our alumna, Arlette, has become a correspondent for multiple global media outlets, earning a sustainable income. Another student had the opportunity to exhibit his work in Kinshasa, showcasing his talent in a gallery setting. In Iraq, our teacher, Niga Salam, has travelled extensively, while many of her students have made significant impacts in their communities, particularly on issues relating to gender and climate change.

    Our lead instructor in Congo, who was once a student himself, exemplifies the transformative power of our programme. Starting from humble beginnings in South Kivu, he now teaches and inspires young people, illustrating the importance of hiring locally to ensure a deep understanding of the communities we serve.

    Q8: Looking ahead, how does Lens on Life envision the future of its partnership with Canon YPP and the expansion of its reach and influence in the Middle East and Africa, and what are the organization’s key priorities in this regard?

    Sustainment is a key word that comes to mind. We want to make sure that we can continue to provide the level of service we currently provide to our beneficiaries.

    While we’re open to expansion, particularly in regions like Africa, we’re committed to investing where we already have a presence. Our recent programme launch in the US reflects this, grounding our efforts in areas we understand deeply. Africa remains a focus, with partnerships in Nigeria and South Africa on the horizon.

    Working with young people is a long-term endeavour. Though the partnership between Canon and Lens on Life is still relatively young, it will take time to witness the full impact of our collective efforts. While we celebrate stories of young individuals embarking on journalistic careers, our ultimate goal is to break the cycle of trauma and poverty they face.

    Empowering these individuals to create brighter futures for themselves and their families is our mission. Having Canon involved with Lens on Life is crucial for achieving this goal.

  • Championing Sustainable Mining Solutions in Africa

    Championing Sustainable Mining Solutions in Africa

    First Published,February 8, 2024

    Story by: Mohammed A. Abu

    Under identical conditions at a plant owned by a company in Burkina Faso, eco-friendly alternative gold leaching reagent SEYCHEM and Cyanide were compared and at the conclusion of the process 350g of gold was recovered using SEYCHEM while 330g was obtained via Cyanide extraction.

    The laboratory personnel attested to SEYCHEM’s non-reactive nature on their bodies in comparison to Cyanide which caused eye irritation.

    They were also able to submerge their hands freely into the prepared solution containing SEYCHEM, an action not possible with Cyanide.

    In addition to its environmentally friendly features, SEYCHEM retrieved more gold; consequently, this company has, in place of cyanide, placed their first order for multiple container loads of SEYCHEM to process their material to extract gold. Each 20-footer container carries 26 tons of SEYCHEM.

    These were disclosed by the Ghanaian Researcher and Promoter of SEYCHEM Professor Emmanuel Arhin, a Professor of Applied Geology at the Department of Geographic Sciences, School of Geosciences, University of Energy & Natural Resources, Dormaa, Bono Region, Ghana during an exclusive interview with your favourite, Eco-Enviro News, Africa magazine.

    Touching on the need and importance of using poisonous-free chemicals for extraction of minerals, Professor Arhin posed the critical question, “What is the point of mining if operators use hazardous chemicals to extract gold from ore, only to suffer shortened lifespans and not enjoy their acquired wealth?

    This, he said is what informs his desire to contribute towards sustainable mining practices, leading to his research into, and promotion of the eco-friendly gold leaching alternative reagent, SEYCHEM.

    The low-hazardous SEYCHEM comes into Africa’s extractive industry as a welcome vibrant alternative to the age-long poisonous minerals extraction chemicals, mercury and cyanide that poses a health risk to users and the environment.

    It has since been established through research findings that poisonous minerals extraction chemicals such as mercury and cyanide are the source of various ailments inflicting people in mining communities.

    SEYCHEM’s History

    ” Sey Construction Limited,  based in Accra, Ghana  had established a partnership with a Chinese chemical and mining equipment manufacturing company to assess the effectiveness of an eco-friendly powder for extracting gold while minimizing its impact on the environment. In 2021, I was tasked with conducting scientific research to validate their claim that this substitute is superior to the toxic chemicals commonly used in gold extraction.”, Prof Arhin recounts.

    “So with the agreement established between the two groups, and after my satisfactory evaluation of the product Sey Construction Ltd secured the rights to become the exclusive country/Africa Representative, Sole Importer and Distributor of the SEYCHEM brand of eco-friendly range of leaching reagents.

    “The investigations into this product, commenced in 2021 with laboratory studies to establish its eco-friendly features, low-toxicity, gold extraction ability and potential negative impact on the ecosystem. The favorable results obtained from the ALS Geochemical laboratory motivated the team to present their findings to Ghana’s Minerals Commission.” Professor Arhin recounts..

    “Following Minerals Commission’s  recommendation, the product was sent for further assessment by Ghana Standards Authority and Environmental Protection Agency whose analyses corroborated ALS’s earlier report on SEYCHEM.  This led EPA to grant Sey Construction Ltd a license to trade SEYCHEM in Ghana.” he added.

    Sey Construction Ltd Appreciates Prof Arhin’s efforts

    The CEO of Sey Construction  Ltd, Mr. Kwesi Sey also presented a citation to Prof Emmanuel Arhin at his inaugural lecture at UENR on 16 March, 2023 recognizing the sterling efforts made by Prof in researching, promoting and providing eco-friendly solutions across board.

    The SEYCHEM Product

    SEYCHEM is an innovative high-tech eco-friendly gold leaching reagent  for gold extraction. SEYCHEM,a corporate product trade mark rebrand representing SEYCHEM for Africa,can fully replace sodium cyanide without changing the original leaching process and equipment.

    SEYCHEM also matches all the advantages of sodium cyanide and other eco-friendly leaching and gold dressing agents.

    Little Interest locally, greater Interest Outside

    Ghana

    On the immediate Ghanaian mining industry response to SEYCHEM, Prof Arhin said interest was initially very low and still low.

    “People are often hesitant to abandon their established practices and embrace new ones. The primary challenge is the fear that the novel product will not perform as expected. Furthermore, individuals who require assistance may lack comprehension regarding the intricacies of gold ores which compounds the difficulty of this task.

    “Gold ore can exist in either oxide or sulphide form, further complicating matters. To address this issue, our team engaged in a discussion and devised a plan that would work for all types of ore by utilizing a single product. That is what we have now, one product for ALL”, Prof Arhin noted.

    Burkina Faso Field Trial

    In the case of Burkina Faso, Prof Arhin disclosed they received a special invitation from the country’s Minister of Mines and Quarry to make a presentation before mining industry leaders under the auspices of ANEEMAS and BUMIGEB, which event took place from September 7 – September 10, 2021”.

    ” In fact, the Burkinabe Ministry of Mines and Quarry initially sponsored a select personnel of mining experts who came over to Ghana to witness our first trials which took place at Wa-East District on August 4th, 2021″ he disclosed.

    Ivory Coast, Niger and Mali

    Some localized field trials were also successfully conducted in Ivory Coast, Mali and Niger in 2022 and 2023.

    Congo Brazzaville

    Mining sector authorities from Congo Brazzaville, according to Professor Arhin have recently expressed interest in SEYCHEM, and this follows the positive feedback and reviews they got from other outfits from other jurisdictions about their experiences and success stories with the reagent, many of whom are even preparing to confirming their orders to include Seychem in their respective gold extraction processes

    Rethinking Traditional Geology Subject

    On what informs his crusade on the need to rethink the age-old traditional subject of geology and thereby coming out with the Geoenvironmental Science paradigm, Prof Arhin said, the Environmental Science program emerged as a response to the escalating concern regarding the deleterious impacts of human activities on the environment.

    “Similarly, such concerns have led me to ponder upon Geoenvironmental Science, an interdisciplinary program designed to equip students with the skills required to tackle various issues posed by our planet’s environment and human health.

    “This course encompasses a wide range of natural and anthropogenic elements that are pertinent to its study. The repercussions of human actions on its development have become increasingly apparent, particularly after watching Erastus’ documentary titled “Poison for Gold,” which reaffirmed the primary catalyst for this program’s inception.

    “It is important to note that this particular program should not be conflated with Environmental Studies. Research outcomes produced by students partaking in this course will serve as key instruments used by governments worldwide in determining which new environmental policies ought to be implemented”.

    On efforts he has made so far at his university regarding the Geoenvironmental Science Program Prof Arhin said, certainly, he is “indebted to the university for providing him with a platform to achieve his current position.”

    “My advocacy efforts encompass a plethora of public speaking engagements, wherein I have cautioned against the potential risks posed to both the environment and human health.”

    CORRECTION: Our initial story published on the 8th February,2024 under  head and subheadings, “Retooling Africa’s Extractive Industry for Sustainability, “Made-in-Ghana Eco-Friendly SEYCHEM out-performs Poisonous Cyanide in Burkinabe Field Trail” contained some misrepresentations.SEYCHEM  is not a Ghana made eco-friendly formula nor is Professor Emmanuel Arhin  credited for its origination as the wrong impression had been created through our initial publication. Aside that aspects, the rest of the story still stands.We are republishing the corrected and revised version and wish to render our sincere apology to our dear and most cherished readers.

    ‘

  • Honouring of Africa’s finest Technocrats by Inter.Interdisciplinary Innovation Centre Of Life

    Honouring of Africa’s finest Technocrats by Inter.Interdisciplinary Innovation Centre Of Life

     

    J.B. Worlanyo Nana-Atoo certificate
    H.E. Amb, J.B. Worlanyo Nana-Atoo, an Executive Chairman & President /Founder of EL-Ecojay developments Group LTD Ghana, Africa/global,has been awarded a Certificate of recognition by International Interdisciplinary Innovation Centre Of Life “Alliance of the peoples of the world”

    He is Unique, Versatile, Adaptable, and Capable of navigating Challenge with a Balance approach well rounded successful life and International Life Coach, Mentor and Public speaker in personal development.as one of the global Cooperate Business Mogul on investment on Projects financial Advisor and Management Consultant.

    Erstwhile as once a member of parliamentary Christian fellowship and Coordinating and operating through the system of AU, UN, European union Parliamentary for Federations of Global Christian Leaders on. Diplomatic peaceful Mission.

    He has a Construction Engineering background, with key leadership and strategic experience: In his role as operations director of building/Construction site and survey practice Engineering.

    He has a certificate in Drilling Rig Engineering field from good Will international group Inc USA Oil and Gas and also trained  at management and development productivity institute. Certificate (MDPI) Ghana. He is a product of world changers international leaders Training for fellowship of ministers USA.

    Recognition Certificate of the Intergovernmental Organisation

    IPAOW: International Interdisciplinary Innovation Center of Life.”Alliance of the people of the World. Russia / Israel Federation.UNASDG-IGO United Nations of Alliance Sustainable Development Goals,  Intergovernmental  organisation,UK

    He has also gained appointment as Africa Diaspora President of Oil and gas from Community Center Development Council aka: Community Center International Abuja-Nigeria.

    He is Africa representative of Grayson Range Extender power Electric Vehicles (GRE) USA,a Consultant of Ethos Asset Management USA.J&K group LLC SSP Energy system.USA.

    He is Nominated/Appointed by intergovernmental Affairs of SOAD, as Roving Ambassador for the state of Africa Diaspora of Eco 6 Six Region of Africa, USA, Caribbean, Europe, ASIA, was birthed by AU government and Recognised  by UN on development purposes .

    He is Ambassador, at large Empire of King David kingdom from Jerusalem Israel, Honorary International Media personality Certificate from John Terence media partnership with international kingdom university, Nigeria/USA.

    He is a Member of Africa-Israel initiatives branch in Ghana.an Associate partner with IMCI + alliance (division international GmbH ) LLC. Switzerland/USA and Broker/Consultant, Global finance capital, Hong Kong, Asia.

    An Astute international business Entrepreneur and Executive Chairman/President of EL-Ecojay developments Group Inc, Global Consultant. Specialist in business management Oil and Gas, Real  Estates, Commodities and Infrastructure Projects Holdings for Investment portfolio and development Services.

    Cooperate projects on investment and finance, Private Equity, JV, SPV, PPP, BOOT , EPC+Finance.for investment purposes on project seeking for funding. Private and government.eg, Africa Union and  global network for sustainable development goals. He is also an Economics Professor, Jeffrey Sachs master Class Online School. UN Advisor and global leader in Sustainable development.

    He is a good business strategist international developer who have worked with many years of experienced in Hotel and Tourism Hospitality industry, a Former Special assistant Manager of Frank David, Hotel. SSNIT Guest House, State Banqueting Hall protocol department and Golden Tulip in the earlier 90’s. He also has over 25 years of experience in Construction industries, Real Estate as Managing Director.

    He Can work under any conditions of any Climate changes of Economic and Sustainable development goal (SDG) of UN projects bringing  on board, rich leadership experience and build good and long-term relationship with Cooperate bodies Globally.

    SOURCE

    Mount Kenyan Times

  • HTU Baobab Project Domestication in Pictures

    HTU Baobab Project Domestication in Pictures

  • Unlocking the full Potential of the African Baobab

    Unlocking the full Potential of the African Baobab

    By: Mohammed A. Abu

    Professor Kenneth Fafa Egbadzor,the Lead Researcher of the Domestication of the African Baobab Project at the Ho Technical University(HTU) in Ghana’s Volta Region,who is also, a plant breeding expert, has noted that even though, research has established that there are over 300 different uses of Baobab but yet, the plant is undomesticated and underutilized.

    The African baobab he said, also referred to as, “the wooden elephant” is also included among those crops referred to as orphan, meaning that they do not receive research attention.

    Ghana, Africa cannot derive optimum benefit from plants in the wild and thus,the need for domestication of the tree crop is very important.That is what he said, underpins this “crazy ambition” of intensive research work of reducing the maturity period of the wild growing plant from fourteen (14 years) to two (2 years).

    Professor Egbadzor in an interview with your favourite, the Eco-Enviro News Africa magazine intimated that he and his team is not only passionate about domesticating the African baobab, but also, bent on advocating for its integration into mainstream agriculture (farming) and encouraging its utilization.

    All the improved crops (soy, maize, rice, cocoa etc.) varieties we have today Professor Egbadzor noted, were once wild. However, through research and farming, they have been improved and significantly, they are different from their wild parents.

    HTU in 2019 he recounted, started the baobab domestication project and the effort is already yielding appreciable results. “We have a big vision of seeing baobab being cultivated throughout Africa. Wild fruit gathering should be a thing of the past soon”. Professor Egbadzor declared.

    Yield Potential: Domesticated Versus Wild Growing Baobab

    On how the domesticated baobab would fare in terms of fruit yield per tree potential compared with the wild growing baobab he had this to say.

    “We believe that it is possible to get higher yield from the domesticated baobab than from the wild. The size and number of fruits would directly contribute to the yield.

    “We must also know that different varieties to be developed and the environment as well would also contribute to yield. So, at the moment we cannot be sure on exactly what level of yield to expect from a given variety of baobab. Time will tell”.Professor Egbadzor intimated.

    On Fruit Quality of Domesticated Baobab

    On whether the drastic reduction of the maturity period of the domesticated baobab would have any adverse effect on fruit phytochemicals and phytonutrients and with particular reference to its much touted relatively higher Vitamin C content he also had this to say.

    “Fruit quality of the domesticated baobab is not expected to be different from the wild types. However, with time, the cultivated varieties would be the best selections from the wild. So, the researchers would be targeting the best from the wild. In crop improvement, we always aim at higher quality.”

    Commercialized Farming of the Domesticated Baobab

    On commercial scale cultivation of domesticated baobab, he disclosed that some farmers in the Ho Municipality and Adaklu District have already planted the HTU baobab.
    More seedlings Prof said, would made available to farmers next year. HTU is also planting at the university. We have farmers from the Upper West region expressing interest but we are at the moment limited by fund.

    Other Wild Trees Targeted for Domestication

    Aside domesticating of the wild baobab other wild growing trees of remarkable socio-economic importance he and his team had their eyes on are Allanblackia, Locust bean and Bush mango adding that, their only limitation is funding

    International Market Potential.

    Baobab is a multi-purpose tree; its fruit pulp, seeds, leaves, flowers, roots and bark are used locally for human consumption. In 2008, the dried pulp harvested from baobab fruit was first approved for sale in the European Union (EU); it has seen high growth since then. Baobab fruit powder is made by grinding baobab dried fruit pulp, the only authorised baobab ingredient in food/health products on the European market.

    The fruit powder contains Several health benefits have been associated with baobab powder. In Europe, it is commonly marketed as a food supplement that increases energy levels, supports immune health and improves digestive and general health.

    It is mostly sold as a fruit powder, while some companies sell baobab powder in capsules, such as the company Bao-Med (the Netherlands). Most baobab powder on the market is organic-certified, as Europe has a limited market for non-certified baobab.

    Baobab powder is used in food supplements because of its nutritional qualities. The company Aduna (United Kingdom) markets baobab powder with the claims ‘rich in vitamin C’, ‘high in fibre’ and ‘baobab is one of the most nutrient-dense foods in the world’.

    The company markets baobab as ‘the feel-good fruit’. Golden Greens also highlights the vitamin C content of baobab, as well as labelling it ‘high in fibre and antioxidants’. Many companies market their baobab powder as ‘suitable for vegans/vegetarians’, as consumers are looking for products without animal-based ingredients.