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» 18.03.2011 - Africa defies AU chief's support for Ghaddafi
» 11.03.2011 - African Union praises Ghaddafi "reform offer"
» 01.02.2011 - New AU leader Obiang calls criticism un-African
» 31.01.2011 - Africa's worst dictator becomes AU leader
» 23.04.2010 - World Bank funding targets Africa’s malaria fight
» 26.03.2010 - Aid tied to service delivery still best, WB
» 17.03.2010 - Don’t despair MDGs reachable, Ban
» 17.03.2010 - Trade experts discuss ways to help poor countries

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Cairo anti piracy summit brings hope to end the growing threat

afrol News, 20 May - The Anti Piracy Unit, Managing Director William "Bo" Fielding, announced today that the new solutions, that will be presented by Experts and Participants are "immediate short term solutions", as well as long term policy models that will combat the growing scourge of criminal piracy in the world's most vital trade routes and waterways using new operative models which will mark the Beginning of the End to Piracy in the Gulf of Aden , Indian Ocean and other regions currently threatened by this alarming surge in criminal, violent and dangerous behaviour.

In a statement released today, Mr Fielding stated that: "this international conference will bring together for the first time key decision makers and experts with real 'solutions', that will be quickly reflected on the sea, as well as on the ground, within a very short period of time, rather than just a 'discussion forum' on this important issue and will express the importance of private sector support in partnership with governments, agencies and organisations in order to execute and implement solutions which produce timely and actual results on the ground and at sea."

The solutions will focus on private sector support in the field of Security, Tactics, Law Enforcement, Counter Terrorism Resources, Financial Support, Socio Economic Sustainable Development Support, Legal and Policy Models for Implementation and Support, Geo Political Topics, Anti Money Laundering, Environmental and other cross-linked issues that form the big picture of the problem in order to crystallise and mobilise resources into clear organised, effective, immediate and long term solutions, he said.

An estimated of 300 delegates and invitees worldwide are expected to attend the Cairo International Anti Piracy Summit which will be hosted on 27 May, with extended working groups on the 28th-29th of May, at the Nasr City, Cairo- Egypt.

Meanwhile, Egypt has broken in the top 10 offshoring destinations in the world with the shifts in global outsourcing, a report has revealed today, adding that people and skills availability, financial attractiveness and business environment establish Egypt as world's 6th most attractive offshoring location.

The 2009 AT Kearney Global Services Location Index(TM) also noted that Egypt was entering the top 10 for the first time.

The report analyses and ranks countries for locating outsourcing activities including IT services, contact centers and back office support. It measures against three categories - financial attractiveness, people and skills availability and business environment.

The report said Egypt, having ranked 13th in 2007, is fast becoming one of the world's hottest offshoring destinations and has established itself as the leading Middle East and North Africa location. The report cited the competitive cost and the availability of qualified people on top of Egypt's biggest attractions.

A recent report by the Commonwealth Business Council and CyberMedia also highlights Egypt's continued progress and capabilities, ranking it the number one outsourcing destination in Africa. The study which outlined the outsourcing readiness of 15 African nations, clearly expressed that infrastructure, people and skills played a key role in the offering, with Egypt ranking highly in these areas, and topping the list overall.

Commenting on the findings of the recent A.T. Kearney report, Dr Hazem Abdelazim, CEO of Egypt's Information Technology Development Industry Agency (ITIDA) said: "We are seeing a continued shift in the global outsourcing landscape. Companies looking to outsource are looking not only at the cost benefits, but also at the skills and availability of talent and the overall business environment. Egypt is continuing to push forward in developing its large talent pool and in providing a safe, modern business environment."

The ever-growing list of multinationals investing in Egypt including Vodafone, Teleperformance, IBM, Microsoft, SQS, Stream Global Services, and Valeo is another testament to the country's unwavering efforts to establish itself as a leading global outsourcing destination.

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Rwanda succeeds including citizens in formal financial sector

afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.

Famine warning: "South Sudan is imploding"

afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
Panic in West Africa after Ebola outbreak in Guinea

afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
Ethiopia tightens its already strict anti-gay laws

afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
Ethiopia plans Africa's biggest dam

afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.

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