A six person delegation representing the Cameroon Athletic Team has arrived in Dallas, Texas to compete in an International Marathon taking place on Sunday April 1, 2007. The delegation includes Januarius Bonkiyung the 2007/2006 Mount Cameroon race champion, Immaculate Wirngo 2006 Mount Cameroon race female champion, Nadeche Wirnka 2007 Mount Cameroon race junior female champion, Francis Yenka a former Mount Cameroon race runner-up and Mr. Edward Lailam Team Manager of the Milano Kumbo Sports Academy.
By Yuweri Museveni, President of The Republic of Uganda
Africa is the second biggest continent on the globe with 30 million sq km of land area. She is well endowed with natural resources of all types, not least the fact that, in the equitorial area, we can produce two harvests in a year just depending on rain-fed agriculture. This is possible because of the warm climate that our location on the globe blesses us with. Yet, this huge continent is the most backward area of all the continents of the world. How did this come about? I trace the genesis of Africa's underdevelopment in its very endowment with generous resources by nature. The friendly climate is good for both man and his enemies, the tsetse flies, the mosquitoes, the bilharzia agents that shelter in snails and other organisms. The thriving of these parasites to man in the good climate of the tropics meant that, in the past, the population was small.
Un séminaire de renforcement des capacités dédié aux Communautés économiques régionales (CER) pour leur rôle dans la mise en œuvre des programmes régionaux pour les infrastructures a eu lieu dans les bureaux de la Commission de l’Union africaine à Addis Abeba, en Éthiopie, du 5 au 7 mars 2007. L’infrastructure est pour l’Afrique la clé de l’intégration et de la croissance et c’est un secteur prioritaire du NEPAD. Pour pourvoir ce programme, il est reconnu que les capacités des Communautés économiques régionales doivent être améliorées.
The MTN Group has announced that its annual results for the financial year ended 31 December 2006 have continued to show strong growth in Group revenue and subscriber base. MTN recorded a 73% increase in subscribers, world wide, to 40 million, firmly establishing the Group as the emerging markets leader. The MTN Group has also declared a dividend of 90 cents per share in light of a strong free cash flow generation coupled with its strong financial position. This is the highest dividend ever declared by MTN. MTN was founded in 1994, and as at March 2006, MTN Group had over 24 million subscribers. In Cameroon, MTN faces stiff competition from Orange SA and CAMTEL SA.
In a press release from the South African Airways Corporate Communications Office, South African Airway’s (SAA) comprehensive and fundamental restructuring process is well under way. SAA CEO Khaya Ngqula said at a recent press conference that a process to “simplify, rightsize, re-skill and incentivise the business” with the aim of placing the company on the road to profitability, has been dramatically stepped up.“SAA has had several years of continued losses and needs a full scale restructuring to return to profitability. A profitable airline holds tremendous benefits for our customers, our staff and our country,” Ngqula said.
A survey released Thursday, March 29, 2007, by temporary staffing agency Manpower Inc. says that U.S. employers counted Sales Officers, Teachers and Mechanics as the top three hardest jobs to fill in 2007. Other employees that are most sought after included truck drivers, accountants and machine operators, the survey said.
According to reports from Lufthansa Corporate Headquarters, starting April 2007, only electronic tickets – etix - will be issued for Lufthansa flights within Germany. Currently, 96 per cent of tickets issued for intra-German flights are electronic. Research reveals that Lufthansa customers value especially the benefits and convenience of electronic ticketing.
Cameroon and Spain have signed three separate financial conventions
worth 11.5 billion CFA francs to fund a number of development projects
in the country. The money, which is a loan from the Spanish government will be used in
funding rural electrification projects along the Cameroon – Nigeria
border, carry out a real-estate survey for taxation in Yaounde, Douala,
Garoua and Maroua and construct a fisherman training centre in Limbe. The three conventions were signed on Monday March 26, 2007 between Polycarpe Abah
Abah, Cameroon’s Minister of the Economy and Finance and the Spanish
ambassador to Cameroon. Spain is Cameroon's major trading partner within the European Union. The relationship and bilateral cooperation between Cameroon and Spain goes back to Cameroon's early years of independence. Mr Abah Abah vouched that the loaned funds would be properly accounted for and judiciously used for the intended purpose.
Tinapa Business Resort Goes Operational April 2007
By Akere-Maimo
News about the
creation of a first-ever African free trade zone located at Adiabo Village, near Calabar, the capital of Cross River State, Southeast of Nigerian, reached the Yaounde Bureau of The Entrepreneur with much exhilaration. While watching a football match on a popular South African sports channel, Super Sports, a business
friend quickly drew my attention to the advertising spot of Tinapa on the silver screen. Out of sheer curiosity, I tried to quiz him on the socio-economic impact of creating Africa’s Dubai in the heart of Nigeria’s maritime-rich south region, sharing boundaries with the United Republic of Cameroon. We spoke at length with each one of our ideas swirling in a multitude of advantages. Not until now, many Cameroonians are yet to discover what Tinapa is all about. Even those who are so fond of Dubai and Hong Kong are still toying with the fact that Tinapa is far from being just a dream. Tinapa will soon go operational this March, although the symbolic handing over ceremony of the completed portion of the shopping area took effect on Sunday 31st December 2006. The Project Manager of Julius Berger, Mr. Arthur Wagner, handed the Work Completion Certificate and Keys to the Emporium to Governor Duke.
Nigeria’s 45 Billion Naira (US$ 350 Million) Business Resort, Prepares to Open its Doors
By Akere Maimo
Tinapa expects to provide investors with a robust platform to capture the latent, pent-up demand in the
Nigerian and West African states – a total marketplace of over 218 million people with combined GDP in excess of $85 billion. Tinapa is billed as a resort that means business: the business of combining commerce , pleasure and leisure. This will be the first time that anything like this has been experienced in West Africa. No longer will Africans need to go to Europe, the Far East or America to enjoy the best entertainment, shopping and leisure facilities the world has to offer. The architectural design for Tinapa was created by GAPP, Architects& Urban Designers, one of the greatest architectural firms in Africa. GAPP’s track record defines the future success of Tinapa.
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