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"MADE IN AFRICA - FOR AFRICA" FDA NEWSLETTER
MASS MAIL
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The FOUNDATION FOR THE DEVELOPMENT OF AFRICA proudly presents you with the following information that may add value to Africa's development. Please direct any correspondence to: info@isupportafrica.com
All Ugandans may stand tall - what a proud nation!
I was immensely impressed with the positive attitude of the people - all contributing toward a healthy investment climate - even the immigration officials made an effort to be friendly - although working under pressure with signs on the cubicle's reading something like this:
"Please accept our apology for any delay in processing your passport - we are implementing a new system which may cause a delay - please be patient."
If only I could make the same comment about the South African immigration official who, very reluctantly, processed our passports at 23H55 on Friday night, this after a very pleasant flight on Kenya Airways. I reminded the official that she should never forget that she is 'seen' as the gateway to South Africa and that her negative reception could be detrimental to investment.
I only received 'the look' as comment!
The outcome of these very interesting deliberations, at the NEPAD/OECD Investment Roundtable with the theme: "Making it Happen", delivered just that! Emphasis was placed on allowing the private sector 'access' to projects endorsed by NEPAD to ensure these projects see the light of day!
Internal savings was also an issue - something African leaders have to encourage and set themselves as an example - that is saving your money in a 'local bank' not in a foreign account outside of Africa!
"Less Aid - Let's Trade" also received attention - something the Foundation for the Development of Africa has been promoting for some time.
NEPAD was represented by Mr. Victor MATHALE, Director, NEPAD Secretariat, who, as Co-Chair of the proceedings, shared some valuable insight contributing constructively to the deliberations.
The following statements were extracted from the concluding remarks by Co-Chairs Mr Mathale, Director, NEPAD Secretariat and Mr Akasaka, OECD Deputy Secretary-General:
"Trade and investment is the surest solution to growth and job creation. This was also stressed by the President of Uganda in his address to the Roundtable"
"The need to address obstacles for more active private sector participation in infrastructure was the subject of particular attention by Roundtable participants, and the discussion focused on regulatory, capacity constraints and lack of adapted financing mechanisms."
I have launched the concluding remarks from the Co-Chairs on our website - please see:
http://www.foundation-development-africa.org/africa_development/oecd/oecd_general/nepad_oecd_investment_african_development_entebbe_2005.htm
I was proud to be a participant to this NEPAD/OECD Investment Roundtable - I delivered a keynote address at the opening session - and I will be sharing some of these 'outcomes' at the Reputational Risk Management Conference, which I will be chairing, taking place tomorrow:
ENDORSED BY THE FOUNDATION FOR THE DEVELOPMENT OF AFRICA
First - Add your name to a growing list of names proclaiming - "YES! I support Africa"!
Secondly - Showcase and promote your business; business opportunities; investment opportunities and a host of issues adding value to Africa's development.
Thirdly - Make a contribution to a project of choice or submit a project for inclusion in this initiative!
If you are willing to contribute ZAR1,400.00 (around US$225.00) per annum, towards our well-being, we will, in return, "showcase" you, your company and your service/products as a FDA PARTNER.
See:
See our current FDA PARTNERS:
Just complete this form - we will do the rest:
Your contribution will make a BIG difference.
31 May 2005
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30 May 2005
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