Archive for May, 2011

27
May

One more reason to work with ImpactHouse #Invest

With about a decade of development practise par excellence; representing Nigeria and Africa at several local and international meetings, ImpactHouse International now opens the sale of intelligence and creativity in Business Strategies, Management and Social Development projects in Africa.

OUR RECENT ACCOMPLISHMENTS

  • Successfully liaised with the G-20Y Summit International Organising Committee for the participation of African Business leaders and Entrepreneurs at the 2011 G-20Y Summit since it is focusing on African economy. Coordinating the selection process of the first of its kind participation of African delegate at the G-20Y Summit. (On-going)
  • National representative in the development of the African Youth position paper to the African Union member states at the African Union Pre-Summit, April 2011 at the Headquarters of the African Union (AU), Addis Ababa.
  • Won the Corporate Person of the year and the Rising Star of the year (Social Enterprise) of the African Business Council/Nigerian CEO Awards, Washington DC. March, 2011 (official presentation upcoming in June, 2011)
  • Created a Private Partnership Investment program for our client; Adrog Cargo Handlers Limited. February 2011.
  • Coordinated membership, advocacy and civil society relations of the Nigeria Election Coalition; a project of WANGONeT funded by MacArthur Foundation, March – May, 2011. The project was with regards to the impressive output of the participant’s brainstorming during the National Stakeholders Forum. It developed a portal; www.nigeriaelections.org which hosted simple to use tools and ensures stakeholders commitment in monitoring the 2011 General Elections is not just ambitious. This presented the first indigenous technological mapping tools and electronic election monitoring information barn powered by citizens, civil societies, media, and other relative stakeholders.
  • Developed and managed the National Stakeholders Forum on 2011 General Elections; a project of West African NGO Network (WANGONeT) funded by DFiD, February, 2011. The project studied the underlying complexity of how various forces connived and converged to rig the 2007 elections. It ended in a residential forum with national leaders from the six geopolitical zones in Nigeria; political parties, CSOs, Media, Security experts and other dignitaries. Our idea was to take a systemic look at the 2007 elections by performing a forensic audit of who, what, where, when and how those elections were rigged. Our approach was to visually map out the logical framework of the interaction of the various agents that conspired to make the 2007 elections one of the worst elections in our country’s history.
  • Coordinated the zonal step-down implementation of the National Gender Policy Sensitization and Voter Education Workshop for women in Lagos state. A project of Centre for Human Development (CHD) funded by the United Nations Development Programme (UNDP) with a view to increasing the knowledge on the National Gender Policy at the grassroots level and the commitment of the Nigerian populace to gender equality and 35% representation of women in elective and appointive positions. January, 2011.
  • Undertook the Content development and design for the “Amuwo Saves the Earth” a project of Nurses Across the Borders Inc. and Amuwo-Odofin Local Government. November, 2010.
  • Developed and Managed since July, 2010, the STUDENTS’ ENTERPRISE SUPPORT SCHEME for African Youth Empowerment and Change Initiative (AYECI) in collaboration with partner industries. The program provides students in tertiary institutions with startup loans, equity and/or inventory credit using their verified academic enrollment as collateral. (on-going)
  • Fully conceived and developed the “Mental Health Care on Wheels” a project of Mental Health Foundation and Lagos State Government. June, 2010.

For inquiry, contact Information Unit :- info@imhouse.org

27
May

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27
May

Investment bank gets bullish on Nigeria’s growth

Investment firm Renaissance Group believes Nigeria is among several African countries that could emulate the sustained double-digit GDP growth seen in some of the fastest growing emerging economies like India and China.

Chief executive of Renaissance Capital (RenCap) said the investment bank intends to make Nigeria its main African investment banking hub. He says Nigeria has huge economic growth potential due to its vast population of 150 million people, improved political landscape and reform plans.

Although its large population attracts investors because of the mass potential consumer base, the investment climate is wanting due to poor infrastructure and chronic power shortages.

April’s elections and the passing of a sovereign wealth fund bill this week have given some investors confidence that ongoing reform plans for the power and energy sectors could finally succeed.

‘Power is key. I’m very positive about reform. Reform has been improving in Nigeria for sometime…I’m very bullish … we see Nigeria as the next Brazil or Russia,’ said Jennings.

Source: Reuters

27
May

Agricultural output in Sierra Leone is Rising #Invest

Investment opportunities

Provision of agricultural goods and services: Interested companies are welcome to supply:

• Fertiliser, seeds, agro-chemicals and other planting materials
• Agricultural machinery and tools
• Animal feed
• Cold storage facilities, packaging materials and other support services
• Transport and logistics

Commercial crop production: Historically, commercial and export success lies in the investment potential in palm kernel, kola nuts, mangos, peanuts, cassava production and processing, and livestock production. Opportunities also exist in the restoration of previously lucrative public and private plantations.

Markets:

• High demand for foods such as ginger, palm oil, cocoa, coffee and rice is rising locally and across the West African region (where Sierra Leone has preferential access though its membership in ECOWAS), due to rising population and incomes.
• Several potentially large-scale consumers of agricultural goods such as hoteliers and manufacturers are interested in sourcing food products locally to save on imports.
• Sierra Leone is centrally located on global trade routes and benefits from duty free access to the EU and the US.

For further information on investing in Sierra Leone contact the Sierra Leone Investment and Export Promotion Agency (SLIEPA).

Raymond Kai-Gbekie
Director, Investment Promotion
investmentpromotion@sliepa.org or rkgbekie@sliepa.org

27
May

Zambia seeks investors for satellite town #Invest

Zambia plans to develop a satellite town in Lusaka that will comprise of a 100,000 sqm retail mega mall, three hotels, three office parks, a convention centre, high density residential units and at least 8 000 high cost housing units around the shopping mall.

The town, which is estimated to cost $2.5-billion, is expected to have a population of half a million.

The satellite town will decongest the capital city Lusaka whose population is rising due to urbanisation.

Incentives

An approved schedule of incentives to new investors is available from the Zambia Development Agency (ZDA).

Non Fiscal incentives

Anyone with an investment licence is entitled to these incentives;

• Investment guarantees and protection against state nationalisation.
• Free facilitation for application of immigration permits, secondary licences, land  acquisition and utilities

Fiscal incentives

• Company tax will be charged on 50% of the profits earned for a period of five years starting with the first year of profitability
• Dividends shall be exempted from tax for five years from the year of first declaration
• Capital expenditure on improvement or for the upgrading of infrastructure shall qualify for  improvement allowance of 100% of such expenditure.

Reasons to invest in Zambia

• Stable political system
• Positive and investor friendly economic environment
• Guarantees and security to investors with legislated rights to full and market value   compensation
• Abundant natural resources presenting excellent investment and trade opportunities
• Thriving private sector
• Attractive investment incentives
• Unlimited repatriation of profits
• Progressive banking, legal and insurance services of international standards and stock
exchange market
• Duty free access to African, EU and USA markets

For further information on the project and the available incentives contact the ZDA.

Florence Mumba
Director: Investment Promotion and Privatisation, ZDA
Email: fmumba@zda.org.zm

Source: Trade invest Africa

27
May

Ghana has viable opportunities in sugar production #InvestInAfrica

Ghana is seeking private investment in agri-business as part of its national priority to achieve food security, minimise spending on imports and also to earn more from value-added agricultural products.

Investment opportunities

1. Cultivation of sugar cane in large- scale to feed sugar mills

2. Establishing mills to process sugar and ethanol from raw materials sourced from out-growers

3. Provision of services such as irrigation, harvesting, consultancy and marketing

Incentives

Ghana offers various incentives such as tax holidays, 100% tariff exemption on production equipment, locational incentives, low corporate tax, 100% profit repatriation, and a stable, democratic political environment.

Read more about specific incentives and guarantees offered by Ghana here.

For more information about investing in the sugar cane industry and other agricultural and manufacturing specific incentives contact the Ghana Investment Promotion Centre.

Key contact:

Edward Ashong-Lartey
Director, Promotions & Public Relations
eashonglartey@gipcghana.com
Tel: +233 302 665125 to 9

More info, click here

27
May

Swaziland’s budding floriculture industry #Investment

Investment opportunity from TradeInvestAfrica: The Swaziland Investment Consortium (SICO) is seeking investors to grow and export cut flowers and foliage.

Description of the project: SICO has carried out a pre-feasibility study, acquired 20 hectares of land (more land is available) and regularly attends flower auctions in Amsterdam in search of markets and to keep up with current trends. The sector is dominated by one company that grows flowers and foliage for export while small-holders focus on supplying the local market. The proposed project is expected to provide foreign exchange revenue and create jobs.

Location of investment: The project would be located in Lamgabhi in northwest Swaziland. The site has four micro-climates, good soils and is close to an international airport. There are excellent roads and plenty of water for irrigation.

Estimated cost of investment: US$10-15-million.

Implementation period: 2 to 3 years.

Breakeven point: 4 years.

Incentives: 10% corporate tax, duty free importation of agricultural equipment and availability of local funding.

Percentage of ownership depends on the form of partnership between SICO and interested foreign investors.

For further information regarding this and other investment opportunities in Swaziland contact the Swaziland Investment Promotion Authority(SIPA).

Key contact: Zizwe Vilane
Director: Foreign Direct Investment
Email: vilanez@sipa.org.sz

27
May

Wanted: Investors seeking French to English translation services #TradeInVestAfrica

Region
South Africa

Sector
Business Support Services

Products and Services
Specialist French to English translation service. For more information, please visit our website: www.musetranslation.com

Looking for
Companies and investors that are wanting to expand or invest in Francophone Africa.

Contact
Marie-Louise Antoni

Email
info@musetranslation.com

Phone
+27 (0) 71 155 7582

TradeInVestAfrica

26
May

Explore our Idea Factory: Buy and Sell

Buy An Idea

With about a decade of development practice par excellence; representing Nigeria and Africa at several local and international meetings, ImpactHouse International now opens the sale of intelligence and creativity in Business Strategies, Management and Social Development projects in Africa.

For purpose driven individuals, Governments, Corporate and Non Governmental Organisations; determined to achieve the Millennium Development Goals and conscious of leaving their footprints in the sand of time, we design and develop laudable social development project capable of winning awards.

We work within specified areas of interest of clients; multinationals and other corporate organisations, seeking to impact sustainable development as their Corporate Social Responsibility by innovating exclusively, irresistible ‘benefits-sustainable’ project(s). We thereby take off our clients the rigorous processes of reviewing vast numbers of proposals usually deposited by inexpert writers which are most often ambiguous or outside specified area of interest.

We work within specified areas of interest of clients; multinationals and other corporate organisations, seeking to impact sustainable development as their Corporate Social Responsibility by innovating exclusively, irresistible ‘benefits-sustainable’ project(s). We thereby take off our clients the rigorous processes of reviewing vast numbers of proposals usually deposited by inexpert writers which are most often ambiguous or outside specified area of interest.

Sell An Idea

ImpactHouse International presents this platform to link several millions of individuals in underserved communities, who do not have relative resources (skill or finance) needed for the implementation of their impressive business and social development concepts for partnership, sponsorship and outright sale.

Impact Club is a project for creative individuals with fantastic business and social development ideas and entrepreneurial ambitions. Club members meet regularly with financial experts and industrialists from all over the world for training, partnership and internships for skills exchange and on-job training/experience respectively.

Well researched business ideas for entrepreneurs and capitalists are massively available for partnership, outright sales and sponsorship.
For enquiries call +2348026221289 or mail idefactory@IMhouse.org

 Join Impact Club now!

Please send a request to ideafactory@IMhouse.org”
For enquiries mail to idefactory@IMhouse.org
Note: All aforementioned opportunities are for Impact Club members only.

Image via ETFtrends

26
May

INDIA CONTRIBUTES TO AFRICA TO STRENGTHEN TIES

Interested in investing in Africa? For enquiry, contact Information Unit :- info@imhouse.org

To catch up with their counterpart- China on building a strong business relationship in Africa, India has offered a sum of $5 billion to the continent.

The Prime Minister of India, Manmohan Singh, announced this during the India-Africa summit in Addis Ababa.

According to the Prime Minister, the five billion U.S dollars is offered to help Africa achieve its developmental goals.

He declared that an additional $700 million would be donated by India to Africa for new Institution and Training programmes as well as another $30 million for a new Ethiopian-Djibouti railway line.

Singh also added that India would contribute $2 million to fund the Africa Union’s Peace Keeping Force in Somalia.

The Prime Minister admits that the contribution is due to the fact that his country sees a new economic growth story in Africa and that he believes Africa has the tendency of becoming a growth pole of the world.

Both India and China are trying to improve their influence in Africa with both scouring the globe to secure energy resources, food and minerals.