Daily Archives: November 17, 2015

Accion va étendre l’argent mobile dans les régions rurales de l’Ouganda

Son partenariat avec UGAFODE MDI servira les communautés exclues de l’économie formelle de l’Ouganda

KAMPALA, Ouganda, 17 novembre 2015 /PRNewswire/ — La société Accion, l’innovateur mondial en matière d’extension de l’accès aux services financiers et aux opportunités économiques sur les marchés émergents, a déclaré aujourd’hui qu’elle allait aider les Ougandais ruraux à ouvrir des comptes en banque formels, obtenir des prêts commerciaux, et accéder aux nombreux autres services dont ils ont besoin pour améliorer leur vie grâce à son nouveau partenariat avec UGAFODE Microfinance Limited (« UGAFODE MDI »), l’une des institutions de microfinance qui connaît aujourd’hui la plus forte croissance en Ouganda. En collaborant avec des entrepreneurs locaux qui ont contribué à fonder UGAFODE MDI, et avec les investisseurs actuels, Ouganda Agency for Development Limited, Access Africa Fund (un fonds géré par MicroVest), et le Fonds Européen de Financement Solidaire pour l’Afrique, Accion va investir environ 4,8 milliards UGX dans le nouveau partenariat qui sera axé sur les services financiers numériques, notamment les services bancaires d’agent, et les services d’argent mobile personnalisés pour soutenir les fermiers, les entreprises, et les communautés exclues de l’économie formelle de l’Ouganda.

Accion Logo.

Logo – http://photos.prnewswire.com/prnh/20120320/NE72531LOGO

« Des millions d’Ougandais n’ont pas le moyen d’épargner, de monter une entreprise, ou de  construire une maison », a déclaré Michael Schlein, PDG et président d’Accion. « UGAFODE MDI a réalisé de grands progrès afin de répondre à ce problème mais nous pensons qu’ensemble, nous pouvons faire beaucoup plus et avoir un impact encore plus significatif à travers l’Ouganda. À cette fin, nous allons déployer des applications numériques pour étendre les services d’épargne et autres services financiers aux Ougandais ruraux, où la plupart des habitants travaillent dans l’agriculture ou pratiquent leurs propres cultures pour gagner leur vie. »

« Notre nouveau partenariat avec Accion aidera UGAFODE MDI à se déployer en Ouganda et fournir encore plus de services financiers de qualité aux communautés, familles, cultivateurs et entrepreneurs qui en ont été privés pendant bien trop longtemps », a ajouté le PDG d’UGAFODE MDI, Wilson Twamuhabwa. « La combinaison des connaissances et des décennies d’expérience d’Accion au succès remporté par UGAFODE MDI pour atteindre les communautés rurales fera une grande différence pour les habitants et les entreprises de l’Ouganda. »

Les améliorations technologiques innovantes représenteront un plus grand pourcentage de la portée d’UGAFODE MDI. L’organisation utilise déjà une subvention de la MasterCard Foundation et est administrée via le Fonds d’équipement des Nations Unies pour promouvoir les micro-dépôts aux clients qui possèdent leur propre compte d’épargne lié à l’argent mobile. Le programme permet aux agents d’argent mobile de vendre des cartes à gratter qui, une fois utilisées, créditent automatiquement les comptes d’épargne UGAFODE MDI des clients. Le programme a permis de plus que tripler l’épargne collective et UGAFODE MDI estime qu’elle continuera d’augmenter avec une poursuite de l’intégration des micro-dépôts.

Moins de 1 Ougandais sur 5 accède à des prêts ou à des emprunts formels, et les Ougandais ruraux sont souvent abandonnés à eux-mêmes sur le plan financier. UGAFODE MDI travaille depuis 1994 pour changer ça. L’organisation a fait ses débuts en tant qu’ONG, et, depuis sa création, s’est tournée vers les communautés mal desservies et ignorées pour investir dans les zones rurale et suburbaines que beaucoup d’autres ignorent. Aujourd’hui, UGAFODE MDI est l’une des institutions financières qui fait l’objet de croissance la plus rapide en Ouganda, servant plus de 58 440 emprunteurs et épargnants. Plus de la moitié des clients d’UGAFODE MDI travaillent dans l’agriculture, et 80 % de ses succursales sont situées dans les zones rurales et suburbaines.

Accion estime qu’UGAFODE MDI peut servir un beaucoup plus grand nombre d’Ougandais et exercer un impact encore plus fort sur le pays et son économie. Accion va contribuer des dizaines d’années d’expérience en développement d’IMF de haut niveau pour aider UGAFODE MDI à devenir une institution nationale focalisée sur les communautés rurales et suburbaines.

UGAFODE MDI envisage d’ouvrir d’autres succursales à l’est et au nord du pays et devenir une institution réellement nationale ; avec Accion comme partenaire, l’institution compte gérer plus de 60 000 prêts et 200 000 comptes d’épargne, et faire pression pour assurer une inclusion financière étendue en Ouganda dans les cinq premières années d’investissement.

Chiffres clés :

  • 2,6 millions d’Ougandais n’ont pas accès à l’épargne, à des prêts et à d’autres services financiers formels
  • Moins de 1 Ougandais sur 5 accède à un prêt ou un emprunt formel
  • La plupart des gens financièrement exclus vivent en zone rurale
  • UGAFODE MDI est une institution de microfinance de collecte de dépôts règlementée et 80 % de ses opérations sont en zone rurale et suburbaine
  • UGAFODE MDI sert actuellement plus de 58 440 emprunteurs et épargnants
  • L’investissement de 4,8 milliards UGX d’Accion aidera UGAFODE MDI à étendre sa mobilisation de l’épargne grâce à la téléphonie mobile et d’autres services financiers à travers l’Ouganda rural
  • Avec le partenariat et la direction d’Accion, UGAFODE MDI compte gérer plus de 60 000 prêts et 200 000 comptes d’épargne dans les cinq première années d’investissement

À propos d’Accion :

Accion est une organisation mondiale à but non lucratif dont la mission est de bâtir un monde financièrement inclusif dans lequel des opportunités économiques sont offertes à tous, en donnant aux gens les outils financiers dont ils ont besoin pour améliorer leur vie. Nous établissons la prochaine génération d’institutions de microfinance de haut niveau, et pendant plus de 50 ans, nous avons facilité l’établissement de 64 institutions de ce genre dans 32 pays sur quatre continents qui atteignent aujourd’hui des millions de clients. Nos initiatives d’investissement à impact vont au-delà de la microfinance pour catalyser plus de 20 start-ups innovantes destinées à améliorer l’efficacité, la portée et l’étendue des services financiers aux démunis. Et notre Centre d’inclusion financière contribue à bâtir une industrie plus robuste avec des normes élevées et un engagement étendu. Nos travaux couvrent actuellement près de deux douzaines de pays, y compris les États-Unis où nous sommes le plus important réseau de microfinance à but non lucratif du pays. Pour de plus amples informations, consulter http://www.accion.org.

 

CONTACT : Benjamin Lebeaux, +1-617-625-7080, blebeaux@accion.org

Media Advisory – Global Web Event – Clean Diesel Power: Meeting the Climate Challenge for COP21 and Beyond

November 24, 2015
3:00 pm-4:15 pm GMT (London)
4:00 pm-5:15 pm Paris (Europe)
10:00 am-11:15 am ET (USA)

WASHINGTON, Nov. 17, 2015 /PRNewswire — As leaders from around the world convene in Paris at the upcoming UN-COP21 they will be seeking solutions to feed a growing population, enhance economic development and opportunity, improve personal mobility, all while taking measurable steps toward lower greenhouse gas emissions and a more sustainable future.

Diesel Technology Forum Logo.

Logo – http://photos.prnewswire.com/prnh/20120201/MM46474LOGO

Diesel engines have always been the workhorse of the global economy and today, diesel engines and fuel move the overwhelming majority of people and goods across the world. They are also the primary technology for building transportation and public infrastructure and the power behind most farm tractors and machines that help feed the world. Thanks to decades of innovation and continual refinement, diesel technology is recognized as an essential technology to help reduce greenhouse gas emissions.

This Global Forum in advance of COP21 will provide a framework for understanding current and future technology innovation and the wide range of issues and opportunities impacting diesel technology, and why and how clean diesel will be a key strategy for meeting global challenges of the future.

Time: November 24, 2015 – 10 a.m. to 11 a.m. ET (US)
The web event is free and will be presented in the English language, but requires pre-registration. Register now at:
https://dieselforumevents.webex.com/dieselforumevents/onstage/g.php?MTID=e4b31adcd6d3740be70093f272557dfc0

Who should attend? Elected officials, policy analysts, transportation, energy and environmental policy experts, educators, environmental and public health groups, economic advisors and analysts, bloggers, reporters, journalists and editors.

Connect with DTF
For the latest insights and information from the leaders in clean diesel technology, join us on Facebook, follow us on Twitter@DieselTechForum, or YouTube@DieselTechForum and connect with us on LinkedIn.

ABOUT THE DIESEL TECHNOLOGY FORUM
The Diesel Technology Forum is a non-profit organization dedicated to raising awareness about the importance of diesel engines, fuel and technology. Forum members are leaders in clean diesel technology and represent the three key elements of the modern clean-diesel system: advanced engines, vehicles and equipment, cleaner diesel fuel and emissions-control systems. For more information visit www.dieselforum.org.

Available Topic Expert(s): For information on the listed expert(s), click appropriate link.
Allen Schaeffer
ProfNet – http://www.profnetconnect.com/Schaeffer

Contact:
Steve Hansen
shansen@dieselforum.org
301-668-7230 (o)
202-355-3664 (c)

Deepak Khilnani Announces Sub-Saharan Africa’s Largest Gas Engine Power Project

LONDON, Nov. 17, 2015 /PRNewswire — Cummins Cogeneration Limited (CCL), headed up by Deepak Khilnani, and WUTA Energy are set to commence the development of a 140MW gas-fired power plant. Based in Beyin, the plant is the first phase of a 300MW Power Purchase Agreement to supply energy to the Ghanaian Grid, and once complete, it will be the largest gas engine power project in sub-Saharan Africa.

Deepak Khilnani and David Brigidi announce gas-based power project in Ghana.

Photo – http://photos.prnewswire.com/prnh/20151116/287506

After successfully operating 100MW of gas-based power projects in Nigeria, the clean energy group is set to introduce the same core technology to Ghana in 2016.

The facility will make use of Ghana’s substantial natural gas reserves and will be the first development in the region to utilise Organic Ranking Cycle, which captures waste heat from the plant to generate additional energy. This not only delivers a notable economic benefit, but also significantly improves the environmental impact of the power plant.

At a time of regional concern surrounding the growing need for power, the announcement of the production of clean and affordable energy is one most welcome to the Ghanaian community.

On the project, Deepak Khilnani, Chairman of CCL said, “Since the discovery of Ghana’s natural gas reserves, it has been expected that gas would play a prominent role in the country’s energy sector. As a leading organisation in this industry, CCL is thrilled to be taking steps towards meeting Ghana’s energy needs.”

Further to the improvements to the Ghanaian power supply, as well as the environment, local workforces will be contracted to construct, operate and maintain the plant.

“We want to utilise the energy and talent of local Ghanaians to make this project a social, as well as an economic success. We firmly believe it will have a positive impact on both short and long term local employment”, says Khilnani.

David Brigidi, CEO at WUTA Energy, echoes this sentiment; “We believe that this project will continue to drive development in Ghana and look forward to working together with Deepak Khilnani and CCL to generate long-term power solutions for Ghanaian communities”.

CCL is also keen to explore similar power projects outside of Ghana. Through its Nigerian subsidiary, Cummins Power Generation Nigeria Limited, the Company has been actively exploring investment opportunities in larger grid connected independent power projects and is currently poised to finalise agreements for two large projects in the Delta region of Nigeria.

For more information, visit www.cumminscogen.com and www.wutaenergy.com.

CONTACT: Annie Gould-Magee, +447544504597, annie.gould-magee@mtinetwork.com

Accion to Expand Mobile Money to Rural Uganda

Partnership with UGAFODE MDI to serve communities excluded from Uganda’s formal economy

KAMPALA, Uganda, Nov. 16, 2015 /PRNewswire/ — Accion, the global innovator in expanding access to financial services and economic opportunity in emerging markets, said today that it will help rural Ugandans open formal savings accounts, receive business loans, and access many other financial services that they need to build better lives through its new partnership with UGAFODE Microfinance Limited (“UGAFODE MDI”), one of the fastest growing microfinance institutions in Uganda today. Working alongside the local entrepreneurs who helped found UGAFODE MDI as well as current investors Uganda Agency for Development Limited, Access Africa Fund (a MicroVest-managed fund), and Fonds Europeen de Financement Solidaire pour l’Afrique, Accion will invest roughly UGX 4.8 billion into the new partnership, which will focus on digital financial services, notably agent banking, and mobile money services that are tailored to support farmers, businesses, and communities excluded from Uganda’s formal economy.

Accion Logo.

Logo – http://photos.prnewswire.com/prnh/20120320/NE72531LOGO

“Millions of Ugandans lack basic ways to build savings, start a business, or build a home,” said Accion CEO and President Michael Schlein. “UGAFODE MDI has made great strides to address that, but we believe that, together, we can do much more, and have an even greater impact across Uganda. To do so, we will deploy digital applications to extend savings and other financial services to rural Ugandans, where most people work on farms or raise their own crops to earn a living.”

“Our new partnership with Accion will help UGAFODE MDI expand across Uganda and provide still more quality financial services to the communities, families, farmers, and entrepreneurs who have made do without them for far too long,” said UGAFODE MDI CEO Wilson Twamuhabwa. “Combining Accion’s insights and decades of experience with UGAFODE MDI’s record of reaching rural communities will make an important difference for Uganda’s people and businesses.”

Innovative technological improvements will account for an increasing percentage of UGAFODE MDI’s reach. The institution is already using a grant from the MasterCard Foundation and administered through the United Nations Capital Development Fund to promote micro-deposits for customers who have their savings accounts linked to mobile money. The program allows mobile money agents to sell scratch cards that, once used, automatically credit clients’ UGAFODE MDI savings accounts. The program has helped to more than triple group savings and UGAFODE MDI expects that it will continue to increase as a result of further micro-deposit integration.

Fewer than 1 in 5 Ugandans have access to formal lending or borrowing, and rural Ugandans are often left to fend for themselves financially. Since 1994, UGAFODE MDI has been working to change that. The organization began as an NGO, and since its inception has focused on underserved and overlooked communities, investing in the rural and suburban areas that many others ignore. Today, UGAFODE MDI is one of the fastest-growing financial institutions in Uganda, serving more than 58,440 borrowers and savers. More than half of UGAFODE MDI’s clients work in agriculture, and 80% of its branches are located in rural and suburban areas.

Accion believes that UGAFODE MDI can serve many more Ugandans, and make an even bigger impact for the country and its economy. Accion will bring decades of experience developing top-tier MFIs to help UGAFODE MDI become a national institution that remains focused on rural and suburban communities.

UGAFODE MDI plans to open more branches in the east and north of the country and become a truly national institution; with Accion as a partner, the institution plans to manage over 60,000 loans and 200,000 savings accounts, and make a significant push for broader financial inclusion across Uganda within the first five years of investing.

Key figures:

  • 2.6 million Ugandans lack access to formal savings, loans, and other financial services
  • Fewer than 1 in 5 Ugandans have access to formal lending or borrowing
  • Most of these financially excluded people live in rural areas
  • UGAFODE MDI is a regulated deposit-taking microfinance institution, and 80% of its operations are in rural and suburban areas
  • UGAFODE MDI currently serves more than more than 58,440 borrowers and savers
  • Accion’s UGX 4.8 billion investment will help UGAFODE MDI expand its mobilization of savings using mobile phones, and other financial services across rural Uganda
  • With Accion’s partnership and guidance, UGAFODE MDI plans to manage over 60,000 loans and 200,000 savings accounts within the first five years on investing

About Accion:
Accion is a global nonprofit dedicated to building a financially inclusive world with economic opportunity for all, by giving people the financial tools they need to improve their lives. We are building the next generation of top-tier microfinance institutions, and over more than 50 years have helped build 64 such institutions in 32 countries on four continents that today reach millions of clients. Our impact investing initiatives are pushing beyond microfinance to catalyze more than 20 innovative start-ups dedicated to improving the efficiency, reach and scope of financial services for the poor. And our Center for Financial Inclusion is helping to build a stronger industry with high standards and broad engagement. Currently, our work spans nearly two dozen countries, including the U.S., where we are the nation’s largest nonprofit microfinance network. For further information, visit http://www.accion.org.

SA, US sign poultry protocol

Pretoria: South Africa and the United States have signed a poultry veterinary trade protocol.

According to a joint statement issued by the Departments of Agriculture, Forestry and Fisheries and Trade and Industry the “Protocol for Poultry Meat and Day-Old Chicks” was signed on 13 November.

The agreement will allow for the import of United States’ bone-in-chicken portions.

In June, South Africa and the United States agreed on an annual quota of 65 000 tonnes of US chicken to be imported into South Africa. The countries had been at loggerheads over the inclusion of US chicken imports into the South African market.

This follows several months of technical discussions between South African and US veterinary experts.

“The United States and South African veterinary authorities have been negotiating a Poultry HPAI Trade Protocol in the event of any new outbreaks of Avian flu (HPAI) in the United States to secure the continued exports of poultry from those areas in the US that are not affected by Avian flu,” said the departments on Monday.

Almost 20 states in the US experienced outbreaks of Avian Flu this year.

Negotiating an appropriate trade protocol and health certificate that both secures market access for the US and also ensures safety for animal and human health was a challenging task for the veterinarians from both the United States and South Africa.

The departments said the agreement signals another significant milestone in the process of securing the African Growth Opportunities Act (AGOA) for South African exporters into the US market.

AGOA is a preferential agreement that has been in place since 2000 between the US and Sub Saharan African countries.

Earlier this month, the United States issued a notice saying that it plans to suspend trade benefits on agricultural goods from South Africa under AGOA within a period of 60 days.

The departments said AGOA has contributed significantly towards building a mutually beneficial partnership between the two countries.

“South Africa is a vital part of the regional integration and development process underway in Africa and removing South Africa from AGOA would substantially diminish the significance of AGOA for sub-Saharan Africa and the United States.”

The departments added that the breakthrough made at the meeting in Paris on 6 and 7 June on the poultry issue and the progress made on the issues related to poultry, beef and pork offer significant opportunities for the US and South Africa to increase their trade in agriculture.

The two departments said South Africa is a relatively open economy and that trade and investment relations between South Africa and the United States have continued to grow and deepen during the period under AGOA.

“South Africa meets all the eligibility criteria to remain a beneficiary of AGOA for the next 10 years,” said the departments.

US President Barack Obama signed the AGOA Extension & Enhancement Act (AEEA) of 2015 into law on 29 June.

However, the US insisted that some issues of interest to them such as poultry, pork and beef needed to be resolved by South Africa to allow it to be eligible.

South Africa, said the departments, remains on track to finalise outstanding issues by 31 December

SOURCE:SOUTH AFRICAN OFFICAL NEWS