The management of Dangote Group has said that its focus is now to develop its multi-billion dollars new businesses to appreciable level this year to meet its completion timelines.
The group is putting in place infrastructures for business projects such as Refinery, gas, fertilizer and rice production.
Speaking at the weekend on the International Business Cable Television Channel, CNBC in Lagos, the Group’s Executive Director for Strategy, Potfolio Development and Special Project, Mr. Devakumar Edwin, said the Company was launching all out to ensure the businesses come on stream as planned.
He explained that though a few of the new businesses has been redesigned for increased capacity, the management, all things being equal, expects all to come on stream as earlier planned, inflation, exchange rate and increased bank interest rate notwithstanding.
Edwin said the Dangote Group business models were developed to be one of the biggest, if not the biggest in the world, and that new technologies employed by the company gives it advantage over others. He cited the Obajana cement plant as the single largest cement plant in the world, adding that, also, our Sugar refinery plant is the single second largest in the world.
“We are building 650,000 barrels per day oil refinery which will be the largest in the world, and our planned rice production would also be the largest in the world. We do all these because we believe in Nigeria, we believe in her potential and we believe in her economy. We draw our business model with exportation in mind. We believe Nigeria can be self sufficient and even produce for foreign market”, he added.
Edwin stated that the company was focusing on its refinery timely delivery, fertilizer plant equipment already on ground and the gas production is key to the management.
According to him “Nigeria has a large population, so do many other African countries, and that is why we build all our business model with exportation in mind. We had to review the capacity of our planned refinery and increase it. We have never hesitated to have big plants and that is why we deploy latest technologies in their set up”.
It would be recalled that Dangote Industries Limited (DIL) had signed a memorandum of understanding (MOU) with Federal Ministry of Agriculture and Rural Development (FMARD) to invest $1 Billion (N165 billion) for the establishment of fully integrated rice production and processing operations across Nigeria.
The signing of the MOU which was presided over by President Goodluck Jonathan and the planned investment were meant to be a response to the on-going reforms of the President’s Agricultural Transformation Agenda (ATA) launched in 2011. Following the launch, the Federal Ministry of Agriculture and Rural Development has worked with various stakeholders to catalyse increased investments for agriculture with a particular emphasis on private sector investments.
Dangote has acquired farmland in Edo, Jigawa, Kebbi, Kwara, and Niger states totalling 150,000 hectares to be used for the commercial production of rice paddy.
As part of the project, Dangote will also establish two state-of-the-art large-scale rice mills each with a capacity to mill 120,000 Metric Tons of rice paddy, bringing total capacity to 240,000 Metric Tons, with plans to double capacity within two years. With this installed capacity, the Project will become the largest single investment ever made in rice production in Africa. The rice plant is estimated to produce 960,000 metric tons of mill rice, representing 46 percent of rice imported into Nigeria.
The President Jonathan had commended Aliko Dangote for building a strong industrial base in Nigeria. “It takes a lot of hardwork, commitment and discipline to achieve the feat, accomplished by Aliko Dangote. Today is a great day for Nigeria and this investment is worth the risk. The country is capable of producing rice that can feed the whole of West African sub-region”.
Concerning our porous borders, the President vowed to put an end to the high spate of smuggling in the next 12 months. He cautioned that the days of smugglers were numbered and that the Government was determined to install electronic surveillance equipment that will depend less on human manipulations and interventions.
He assured Dangote that his investment will be protected.
Source: Daily Post Nigeria
Chip technology is the next generation of credit and debit card security and it's now the standard in Europe and other places around the world. This traveler just returned from a recent London adventure and found that while most merchants and many ATMs will accept regular American debit / credit cards, most automated systems will not. Automated systems are things like ticketing machines in train stations, public rental bikes and other places where travelers could be inconvenienced without a chip card.
What is a chip card?
Chip technology takes the standard credit (or debit) card and adds a small SIMM chip on the face. The chip has data which is accessed during the transaction process and the whole procedure is more secure. The cards (and embedded chips) are also much harder to counterfeit than existing cards. The chip card process also incorporates a second layer of security sometimes requiring the entry of the PIN code.
What if I don't have a chip card?
Most merchants can still swipe a credit card or can enter the numbers manually. Travelers will experience problems at some ATM machines and any automated systems such as those found at train stations. In peak summer travel season, this can mean a long wait in the long line to buy a ticket from a human being.
How do I get a chip card?
Most banks and credit card companies will begin to issue all customers chip cards over the next year or two. Currently, travelers should ask their card provider to send them a chip card. Wells Fargo is being proactive about the situation and sent this traveler an ATM chip card after noticing frequent international travel. The card was easily activated and works like a standard ATM card in the US and offers this traveler the features, security and convenience of a chip card while exploring the world.
Source: Travel Examiner
Trade between Zimbabwe and China grew marginally to $1,16 billion last year, up from $1,1 billion recorded in 2013 as economic ties between the two countries grew on the back of mega deals running into billions of dollars.
Speaking at the launch of the $5,4 million Zimbabwe Centre for High Performance Computing (Zim-CHPC) at the University of Zimbabwe yesterday, Chinese Ambassador to Zimbabwe, Lin Lin said China is now one of the most important trading partner for Zimbabwe.
"In the first 11 months of 2014, our bilateral trade rose to $1,16 billion, which has exceeded that of the whole year of 2013," he said. "The successes in our economic co-operation derive from our close political ties. In recent years, China and Zimbabwe have enjoyed frequent high level political exchanges.
"The most important one is the State visit to China by President Mugabe in August last year." Ambassador Lin Lin said tobacco, tobacco products and cotton accounted for about 80 percent of Zimbabwe's exports to China. The exports, he said, had contributed immensely in the revival of the country's agriculture sector. Trade volumes have also been driven by China's growing appetite for raw materials and precious minerals from Zimbabwe.
Bilateral trade between the two countries topped $1,1 billion in 2013, almost doubling the 2010 figures. At the time, bilateral trade was in Zimbabwe's favour as the country's exports were $688 million while imports stood at $414 million. Trade traffic between the two countries ballooned from a mere $310 million in 2003 to $1,1 billion in 2013.
China has emerged as Zimbabwe's closest international ally after Western countries imposed sanctions on President Mugabe, a decade ago after the veteran leader spearheaded the fast-track land reform which saw land being redistributed to thousands of landless blacks.
The HPC centre is one of many projects which had been implemented following the signing of nine major bilateral deals by President Mugabe and his Chinese counterpart last year.
The Asian giant offered Zimbabwe US$5,4 million for the HPC centre project. China is supporting Zimbabwe in the expansion of the Kariba South Hydro power station which will add another 300 megawatts on the country's grid, the expansion of the Victoria Falls Airport, the construction of the Agricultural Technology Demonstration Centre including a string of other development projects.
In the past three years, China has extended grants and interest-free loans worth more than $100 million. The China Exim Bank has provided over $1 billion worth of concessionary and commercial loans to Zimbabwe in recent years.
"We have been respecting and supporting each other on our core interests," Ambassador Lin Lin said.
"China is sincerely grateful for the constant and strong support by Zimbabwe on China's core interests such as China's sovereignty and territorial integrity in Taiwan, Tibet, Xinjiang and the South China Sea issue. "China has given its strong support to Zimbabwe in related matters. For example, China has been constantly calling for the removal of the illegal sanctions imposed on Zimbabwe by Western countries."
China is now Africa's largest trading partner and the Asian giant has built up infrastructure and industry on the continent while also pouring humanitarian aid to needy countries in Africa.
China's footprint on the African continent is increasingly becoming big and bold and in 2013 China-Africa trade reached $210 billion with more than 2 500 Chinese companies operating on the continent, according to Xinhua reports.
Economic analysts said by the end of 2012, China had signed bilateral investment treaties with 32 out of the 54 African countries and established joint economic commission mechanisms with 45 African countries. The China-Africa Development Fund, established as one of the eight pledges China made at the Forum on China-Africa Co-operation (FOCAC) Beijing Summit, had by the end of 2012, agreed to invest US$2,385 billion in 61 projects in 30 African countries.
At least $1,806 billion has already been invested in 53 projects.
Source: The Herald Zimbabwe
All eyes were firmly on Africa at the France-Africa forum, which ended on Friday. Business leaders and heads of state gathered in Paris to thrash out new ways of sharing the continent's staggering growth - this time without the shady connections that have long shaped bilateral relations in the past, they said.
"Africa is our future," a jetlagged French President belted out at the close of the first round of discussions at the France-Africa forum. "It's our future because it is the continent with the fastest economic growth in recent years."
The IMF expects the sub-Saharan region's economy to grow by 4.9 per cent in 2015, above the global projected growth of 3.5 per cent. And last year, its growth went up by 5.8 per cent. It was thus no surprise that Hollande made a pitstop to the event between flights from Kiev to Moscow. "I've proved by being here, that Paris is the capital of the world," Hollande quipped.
By inviting African leaders from Senegal, Gabon, Côte d'Ivoire and Nigeria to the French finance ministry, Hollande proved France wants Africa to be the centre of its world. The continent's rapid growth is largely linked to a fast-growing population, with 70 per cent of Africans now under the age of 35. But many are unskilled and youth unemployment continues to be a scourge on an otherwise impressive record.
"If you don't give young people something to do, they will find something else to occupy themselves with and it won't necessarily be pleasant," said Chris Kirubi, director of Kenyan-based Centum Investment Group. During one of several round table discussions, Kirubi flagged up the rise of armed groups such as Boko Haram and the growing number of boat-people fleeing Africa for Europe as signs that Africa's youth needs to be harnessed.
Participants at the forum thus welcomed the announcement of a new Africa-France foundation, geared towards providing skilled training for young African adults. Spearheaded by Franco-Beninese economist Lionel Zinsou, with the support of the French government, the foundation will have a sister organisation in every country across the continent to offer Africa's youth better business opportunities and the necessary funding.
The foundation itself has a bankroll of three million euros from the French government but will rely on contributions from other governments and businesses thereafter. "We are a professional network, we aim to put young people in touch with French businesses so they can work together," Lionel Zinsou told RFI.
Asked whether France was truly engaging in a win-win partnership with its former colonies, Zinsou replied: "Africa needs forces from everybody... . France, China, Latin America, everyone that can bring experience and knowledge."
Africa's growth he says is not enough on its own, he argues.
"Growth at five per cent only provides jobs for 10 million, so you have a gap of 10 million to fill. If we don't go from five to seven per cent we will not put our youth in the proper jobs, that's what Africa has to gain."
And the past? Is the past, Zinsou insists. For French companies, Africa is no longer an inferior but a partner.
Source: Radio France International
As President Uhuru Kenyatta was making a passionate plea for an African Court at the AU Summit, Cameroonian soldiers were shelling Boko Haram hideouts; and while AU was electing a 91-year-old as it’s face of the future, Ghanaian universities were partnering with General Electric on oil and gas.
In Mozambique, there was an outbreak of cholera. At the same time, the aftermath of Ebola continues to ravage parts of West Africa as millions of East and Central Africans faced starvation.
That is the diversity that characterises Africa.
Mr Kenyatta has cut a niche for himself as one of the most eloquent and articulate African presidents. Whereas he and Zimbabwe’s Robert Mugabe might share a “disdain” for the West, the two are as different as day and night.
Mr Kenyatta is as Western as they come. You can confuse his speeches as those of an American with a Kenyan accent. His campaign style and public relations is a look in the mirror of the Obama mantra.
On the other hand, Mugabe represents everything past, including Pan Africanism, brotherhood and African pride.
In 2013-2014, Kenyatta succeeded where his father Jomo, Kwame Nkrumah, Patrice Lumumba and Julius Nyerere had failed. He got African countries to speak in one voice against the ICC. His legal defence team played their game so masterfully, even big boys on the world scene took note.
But in sharp contrast to AU’s unanimous push to end the Kenyan cases, this year’s AU summit ended with only Benin and Guinea Bissau joining Kenya in ratifying the Malabo protocol that would establish the African ICC. Kenya lobbied hard on the sidelines of the summit. But did it consider the timing, with so many elections on the continent? Did it consult widely before making the pitch?
It is against a backdrop of competing interests that Kenya sought to lobby its peers. Inadvertently, the push is confirmation that crimes against humanity are prevalent on the continent.
The proponents of the court argue that it would approach African cases before it from an African perspective. But why an African perspective in the application of international laws that apply to all humans? Crimes against humanity do not know colour or geography.
The fact that Luis Moreno Ocampo and Fatou Bensouda both did a shoddy job does not mean ICC should not handle African cases. Perhaps African member states should push for changes within The Hague court; establish clear rules of jurisdiction, accountability on the part of the prosecutor and demand that the court sits in neighbouring countries whenever a head of state is indicted.
Developing a country’s foreign policy is a challenging balancing act. Developing one for a region is even more tasking. To draft such a policy in a competitive, globalised world is a tall order. Kenya, for instance may want to sever ties with the West but that does not mean Tanzania or Ghana will follow suit.
Africa has four subgroups with different socialisation. Francophone Africa which comprises mainly small war torn West African countries. Anglophone countries, including Nigeria, South Africa, Kenya and Ghana that are viewed as more pragmatic and somehow still joined at the hip with Western nations.
There is also the issue of North African Muslim countries, which identify more with the Middle East.
Lusophone Africa is a small group of Portuguese speaking countries often detached from the rest of Africa on many fronts. Merging the interests of these groups is, therefore, a Herculean task.
Countries and regions earn their place at the table; they do not get on rooftops and make demands. They must have something to offer in return. Fortunately, Africa has a lot to offer.
To influence world politics, African countries must first earn the confidence of their citizens by creating conditions for good governance and stability. Leaders must conduct mature politics, fight corruption and impunity on their own volition and build democratic institutions.
The US and China are able to shape world policies because of their economic muscle. Their foreign policies are written for posterity.
Source: Daily Nation Kenya
Mr Kaberia is the assistant director of international programmes at the University of the District of Columbia, Washington DC
Africa’s long standing label as the “dark continent” extends beyond the color of the skin of citizens; it typifies the overall backwardness that has crushed the tiniest emergence of a potential socio-economic development. The continent, holding over a billion plus people, boasts one of the largest clusters of poverty stricken settlements, a growing inequality gap, and, despite isolated encouraging signs, is still in its formative stages of a concrete democratic environment.
Among the continent’s long list of socio-economic challenges lies one of its most critical; the energy challenge. Along with oil and poverty, power has been the most discussed on a global scale, largely because of its impact on the growth of African economies. The continent remains till date the single region unable to provide adequate access to sustainable energy for a significant portion of its population.
Its largest economy, Nigeria, still battles to sustain a peak production of 4,000MW for a population surging beyond 170 million people. Data from the World Bank revealed that 60 percent of Africans and over 40 percent of Nigerians lack access to decent energy supply; a vivid reality of the challenge Africa faces.
However in this trial lies the continent’s potential cashcow, one that could upsurge the oil boom experienced in several African nations, most notably Nigeria. It could provide a healthier return than what agriculture’s promising potentials offer. Electricity could be the next big thing for investors looking towards the emerging continent for sustainable business. The continent’s power epidemic is already attracting the most significant sector-focused investment worldwide. Last year, on President Obama’s tour of Africa, a $7 billion Power Africa Initiative was launched by the United States (US). It was the first time the US was committing such funds towards the continent’s development and made it the largest single investment committed to a power project globally.
General Electric (GE), a US-based energy and infrastructure conglomerate, has strategically set up camp on the emerging continent, seeking to exploit this untapped gold mine. Nigeria has benefited immensely from this foray, playing host to over $1 billion invested towards developing human capital and infrastructure across the country’s power value chain. GE further confirmed a growing interest in this sector by announcing a further $2 billion plan at the US-Africa Summit held in Washington DC earlier this month. Among its key activities include the development of $1 billion electricity infrastructure plant in Calabar, Cross River state, Southern Nigeria. It is also the technical partner in Transcorp’s Ughelli Power Plant – a facility that has the potential to generate in excess of 1000MW, a quarter of the country’s current peak output.
From the Americas, through Europe and down to Asia, investors have raced down to Africa in search of deals associated to the continent’s power sector. Geothermal and solar plants are currently being developed in East Africa. North Africa is pushing the boundaries in Dam construction, and West Africa is seeing an exploration of alternative sources of energy like coal.
With the love affair seemingly poised to grow deeper in coming years, it is hard to envision just how much more investments will flow into a sector that has plagued the continent and impeded sustainable development across the it’s economies. The huge inflow of funds therefore makes this sector Nigeria’s, and Africa’s, next cashow.
Source: Ventures Africa
As African aviation continues to grow, Chinese companies are taking a leading role in building airports in the continent.
When Chinese Premier Li Keqiang was in Africa in May of last year he enthusiastically spoke about how China and Africa could work together on high speed railways, highways and aviation.
He also pledged more aid to the continent by raising Chinese concessional loans to it to $30 billion from $20 billion and said that infrastructure projects would take top priority.
"To realize inclusive economic growth, one needs to give priority to infrastructure development, in particular transport," Li told the World Economic Forum on Africa in Abuja, capital of Nigeria. "This is the basis on which the economy of developing countries takes off. In working with Africa, China will continue to give priority to developing infrastructure."
One of these priorities is the China-Africa Regional Aviation Cooperation Plan, through which joint aviation companies are being set up, jets to be flown on regional routes are being built, aviation technical personnel are being trained and supporting facilities are being built.
China has built roads and railways in Africa for many years, but its involvement in building airports has got into full swing only in recent years. Chinese companies have built airports in Kenya, Mali, Mauritius, Mozambique, Nigeria, the Republic of Congo, Togo and elsewhere. Many more are likely to be built within years with the backing of the government, particularly given that many countries are crying out for such infrastructure.
China's wealth of experience in building in its vast land, no matter the climate or the geology, is an advantage for Chinese companies' competitiveness, experts say. However, the lack of skilled people, who are familiar with international standards, competent in technical English and aware of the differences in construction contracting in Africa and China, is a big impediment to these ambitions being realized.
Africa accounts for only 2.85 percent of global passenger traffic and only 2 percent of global airport income, even though it is the second-largest continent and the second-most populous, according to the aviation industry consultancy Center for Asia Pacific Aviation. The Airport Council International Africa says it has 250 commercial airports as members, but that the continent needs more airports as flying becomes increasingly popular and as urbanization continues apace.
"With rapid growth across Africa, aviation is becoming more and more the preferred mode of travel," says spokeswoman Tebello Mokhema with the Airport Council International Africa. "Most of that development is taking place because of the rapid urbanization in most cities. Thus, with developing cities encroaching on airport land, airports are having to be relocated away from the expanding urban areas."
With continuing growth in air travel worldwide, the council says, there is growing demand for infrastructure that is safe and secure and fit for the demands of new generations of aircraft and the technologies they use.
The Center for Asia Pacific Aviation says $33.8 billion is invested or is earmarked to be invested in construction and associated projects at existing airports in 77 projects in more than nine African countries, meaning the average price tag on each of the projects is almost $440 million.
In many countries, airports built decades ago have long since become incapable of handling the thousands of passengers flowing through them every day. Jomo Kenyatta International Airport in Nairobi, capital of Kenya, opened in 1958 with capacity of 1.5 million passengers a year. But passenger flow has reached 6.5 million a year and it is estimated that this will reach 25 million in 2025.
Hong Shangyuan, general manager of China Airport Construction Group Corporation, says growth in Africa now echoes what China went through in its early days of reform and opening-up, when airport construction developed rapidly. "The airport construction industry in China grew at 1.5 to 2 times the speed of GDP growth at that time. And usually growth in aviation comes a lot earlier than does economic growth."
If political stability in Africa can be maintained, the market will continue to boom, he says. China Airport Construction Group Corporation, with an eye on the opportunities, opened an office in Togo in late 2012.
As Africa continues to grow economically it has become the ideal staging spot for Chinese companies eager to draw on their experience in building airports.
There are now more than 200 civil airports in use in China, and plans were announced for 100 new airports, and for 120 airports to be rebuilt or expanded during 2011-15.
"Many airports in China have been relocated and some have been expanded or rebuilt several times," Hong says. In the past 60 years there have been more than 10,000 airport projects in the country, Hong says.
Liu Ying, chief economist of the company, says: "In China we have built airports on land with all features that you can find anywhere else, and so Chinese companies have the technologies to tackle almost all challenges in building airports."
Source: Chinese Daily
Thousands of small-scale dairy farmers in Kenya are set to benefit from part of a Sh2.3 billion financial support that seeks to improve their livelihood though enhanced productivity. This follows the signing of a deal between Family Group Foundation and Heifer International Kenya to improve dairy farmers in Kenya, Uganda and Tanzania in a five year programme.
Dubbed East Africa Dairy Development Project (EADD), the project in its second phase is partly funded by the Bill and Melinda Gates Foundation and targets about 136,000 farmers in the three countries. Family Group Foundation is supported by Family Bank Limited, Kenya Orient Insurance Limited and Nyara Farm.
During the inking of the deal, Family Group Foundation Executive Director Annie Muya underscored the role of the foundation in achieving improved development through partnerships. “This partnership lays credence to what the Foundation hopes to achieve, which is to improve and transform lives through developmental programmes,” she said.
She further promised of their commitment to work with Heifer International and EADD II partners, to contribute to the realisation of development objectives under the EADD programme in Kenya.
On their part, EADDP said that they will further refine and improve the hub approach, partly through focusing more on building social capital, and partly through actively pursuing partnerships. “We will seek partnerships with investment from local processors, the financial sector and other private sector players will explore ways to increase hub sustainability, thereby readying this approach for scale by other public and private entities,” Kapoor noted.
The East Africa Dairy Development (EADD) program is designed to boost the milk yields and incomes of small-scale farmers in the region to lift their communities out of hunger and poverty. The second phase of EADD aims at improving dairy production and access to markets over the next four years. Besides, it seeks to provide additional opportunities to create financial independence and social equality in addition to changing the nutritional landscape in East Africa.
Source: Standard Media Kenya
African countries are likely to double their earnings in tourism to Sh3.5 trillion in the 15 years and the Africa Development Bank ( AfDB) predicts the tourism industry will be a mine gold for the continent. This is as governments and other value players embark on high hotel mega projects in addition to product diversification.
The bank's acting Chief Economist and Vice President Steve Kayizzi-Mugerwa, in a statement said international tourist arrivals will by 2030 increase to over 130 million from the current figures of 65 million. In recent years, African tourism has demonstrated rebirth following emergence of new set of tourists arriving in the continent including young people from the developed countries and citizens of emerging economies.
"This is because with the economic liberalisation of the African economies, that removed constraints on foreign currencies, and encouraged an increase in air transport, it is relatively easy to travel to and within the continent," said Mugerwa.
"Tourist entrepreneurs are now kin to provide packages to the discerning traveler, incorporating leisure and cultural exposure. Policymakers are also beginning to address issues related to visas, in order to reduce bureaucratic hindrances. For example, in East Africa, a single visa allows you to travel within five countries."
He observed that the upward scenario will be driven by State's enthusiasm to improve infrastructure as well as diversify tourism products. "It is therefore clear that tourism will be an important driver of growth and livelihoods in Africa in years to come. Hotel construction could boost the domestic real estate sector, providing employment to thousands of young people," noted Mr Mugerwa. Statistics published in the "Africa Tourism Monitor" indicate that the continent received 65 million tourists.
Source: Standard Media Kenya
A Chinese-built supercomputer, with processing capacity of 36 trillion calculations per second, was commissioned Friday in Zimbabwe, one of a very few African countries to equip with a supercomputer.
The facility, housed in University of Zimbabwe, was provided by China's leading personal computer and server manufacturer Inspur Group with a 5.5 million U.S. dollars interest-free loan committed by the Chinese government. The supercomputer is expected to be used in agriculture, weather forecast, mining, gene technology, and stimulation, enabling Zimbabwe's scientific research to make a great leap forward for the next five to ten years, said Huang Gang, deputy president of Inspur Group.
Huang said while the United States owns the world's leading supercomputer technology, it is China that brings such technology to the world of developing countries with affordable cost. Till now, Inspur has helped Sudan, Saudi Arabia, Venezuela, and Cuba own and operate high performance computing centers.
He said, armed with the supercomputer, scientists in Zimbabwe can now process big data, for example, in weather forecasting to predict weather changes with unprecedented precision. The same technology can also help miners pinpoint sites that hold oil and other key mineral resources.
"If used properly and extensively, the supercomputer can bring fundamental changes to Zimbabwe enabling sophisticated researches to be conducted and becoming a hub for training cloud computing experts in Africa," Huang said. "Its contribution to national development can't be rivaled by the building of government offices and roads, the mainstream Chinese-aid projects. "
Supercomputer is a rarity not just in Africa, but across the developing world. Over a year since the agreement was signed, dozens of Zimbabwean researchers received trainings both in Zimbabwe and China to be able to operate the system.
A committee on high performance computing was set up, pooling together experts from learning and research institutes across the country and from different industries. Chinese Ambassador to Zimbabwe Lin Lin said the commission of the high performance computing center, enabling Zimbabwe to become the fourth country in Africa to own such a facility, is an important part of China-Zimbabwe cooperation that "both sides should be proud of."
Zimbabwe's Minister of High Education Oppah Muchinguri said as a country, Zimbabwe has high expectations on the nation's future in the area of computation science and engineering, which will provide new and emerging technology that is fundamental for social and economic transformation.