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Agroluum Company Seeks To Empower Rwandans On Food Development

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Yossi Abadi, CEO of Agriculture and Food Independence Company Agroluum, advocates urgent change in sustainable food development on the African Continent through “Strategic Agrarian Communities”, benefitting from professional training, expertise, and investments. They are planning to invest in Rwanda during the next year.

According to Abadi, the company is looking to start investing in Rwanda as part of developing agriculture in Rwanda, starting by next year. “We want to invest in Rwanda, first because it is related to the conference headed by Rwanda. Secondly, we want to start positioning ourselves in Rwanda for future investment, as we believe it is one of the most promising countries on the continent. We have started looking into the field of health and agriculture.” Yossi Abadi, CEO of Agroluum told Taarifa.

To outline his plan, Abadi proposed the Strategic Agrarian Community model, involving the creation of agricultural communities, trained in various areas of industrial agricultural production, with opportunities for regional trade and a governmental buy-back mechanism.

“We are in the initial stage that’s why we want to start having visibility in Rwanda which we believe is the key to success. This session is not just about poultry or best agricultural practices. It’s about people. About empowering communities” Abadi added. The potential investment in Rwanda could amount to several millions of USD and introduce state-of-the-art agricultural and agro-processing techniques.

Talking about the whole Africa, Abadi said “African societies are tired of dependence on aid and a growing number of visionary African leaders are implementing bold visions towards a self-sufficient continent, among which His Excellency President Paul Kagame, the event’s host, is one of its most outstanding proponents,”

“Agroluum is ready to partner with governments in order to provide communities the most professional, multi-disciplinary teams – from soil experts, crop agronomists to experts in community development – and, of course, high initial capital investments.” Pointing to the outrageously poor quality, under the supervision and high prices of imported poultry, eggs, and food products to Africa, Yossi Abadi, CEO of Agroluum said, during his remarks at the 10th annual African Green Revolution Forum (AGRF) Virtual Summit 2020: “This must change.” “As friends of Africa, we must not accept that such a fertile continent, with so much potential, will not be able to produce the food it needs, within its own territory,” said Abadi to the virtual audience, participating in the webinar as a result of the COVID-19 pandemic.
The event was organized under the leadership of President Paul Kagame.

Abadi served as a Key Speaker on the opening night of the conference with Olusegun Obasanjo, Former President of Nigeria, to deliver a message of outrage and hope, proposing options for local food cultivation and sustainable development. “We found an electro-charged businessman, who is passionate about his relationships in the African and Latin American communities, where he spends much of his time cultivating projects. “Today, Africa does not cultivate enough grains and has insufficient food production capacity; this should be industrialized to increase supply, quality, and profitability,” Abadi explained. “By importing animal feed, both the cultivation of grains and industrial livestock are uncompetitive.”

“Our model ensures that people will have the means to thrive, creating real value for the regional and national economy,” said Abadi, mentioning the experience Agroluum offers in implementing successful projects in developing markets around the globe.  By encouraging subsistence farmers to voluntarily consolidate into cooperative agricultural communities, which we call “Strategic Agrarian Communities”, everyone benefits from pooled infrastructure, equipment, and marketing mechanisms, which turn unprofitable agrarian businesses into profitable ones. Abadi, an entrepreneur rapidly rising in prominence for his work in emerging countries, co-founded Agroluum with the leadership and vision of his mentor, the successful Israeli billionaire industrialist, Jacob Engel.

Engel, known for his outstanding track record of more than four decades, founded an investment group, Engel Invest, and operates business ventures in over 20 countries, in the fields of construction, mineral resources, infrastructure, real estate, national lotteries, technological start-ups, and agriculture. Abadi was groomed for leadership within this framework and has since co-founded two of these businesses: Tenlot and Agroluum, and serves as their Chief Executive. “Engel has made a practice of investing socially in the communities in which his companies do business”, said Abadi. “Industrial projects have always been accompanied by initiatives to improve the education, welfare, and progress of the families and neighborhoods of his company’s local employees”, he added.

“Our work-strategy is geared towards emerging markets”, Abadi clarified. “Agroluum is our first community initiative to be created as a business. We know that by establishing industrial farming communities, we can help people work together to achieve regional food security, poverty reduction, the transfer of skills, and general socio-economic resilience.”

Yossi Abadi is the CEO of Agroluum and Tenlot Group. An entrepreneur rapidly rising in prominence for his work in developing countries, particularly in Africa and South America, Abadi co-founded Agroluum in cooperation with his mentor, the visionary billionaire industrialist Jacob Engel. Committed to investing socially in the communities in which his companies do business, the Group’s projects are accompanied by local initiatives to improve education, welfare, and development.

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Airtel Rwanda Partners With Canal+ To Ease Payment Of Subscription Fees Via Airtel Money

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Airtel Rwanda and Canal+ Rwanda have launched a partnership, enabling customers to easily make subscription payments.

The partnership announced at a joint press conference today provides clients of both CANAL+ and Airtel a simpler, instant and secure payments method using Airtel Money.

CANAL+ Rwanda is the subsidiary of CANAL+INTERNATIONAL, TV operator by satellite in Africa and present in over  25 African countries.

CANAL+ Rwanda have a trilingual package with 200 channels in French, Kinyarwanda and English and it offers accessible bouquet starting from 5,000 Francs with a distribution network throughout the country.

Speaking at the launch event, Airtel Rwanda Managing Director, Mr. Emmanuel Hamez said “We are delighted to launch this new service on our Airtel Money platform we welcome all Canal+ customers to enjoy the convenience and simplicity offered by Airtel Money both on the USSD as well as in the My Airtel App”.

The new service that was launched today comes on the heels of an ongoing Airtel Money campaign called Free P2P which enables all Airtel Money customers to send and receive any amount of money for FREE.

“Free P2P or Ohereza Amafaranga Ku Buntu was launched in June 2021 saw Airtel scrap all charges to send and receive money between customers, a major differentiator that positions Airtel Money to become the provider of choice when it comes to payment of good and services such Canal+ that we have launched today” added Hamez.

Canal+ Rwanda’s Managing Director, Madam Sophie TCHATCHOUA said “It gives me great pleasure to allow Canal+ client to renew their subscription with Airtel Money. The successful integration of our mutual services makes life easier for our beloved customers who can now recharge and seamlessly have their images back and all this can be done from the comfort of their home”.

To renew your subscription via Airtel Money, customers can simply dial the direct short code string *500*4*3*2*4*1# on either their smartphone on feature phone, input their 14 Digit of their decoder  number, select their preferred bouquet and make the payment which is recognized by the Canal+ billing system instantly.

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Hundreds Of Passengers Miss Flight In Uganda Due To Delayed COVID-19 Tests

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Hundreds of Ugandans have been left stranded at Entebbe International Airport by the Emirates Airways after the laboratory where they had taken their Covid-19 results delayed to return them on time.

In a Snapchat post by Ugandan socialite Sheila Gashumba, she ranted, ‘’When I tell Ugandans that Covid in Uganda is a business they say I have ‘kajanja’.

Now all Emirates passengers have missed their flights because Safari Lab sent Covid results at 2:45pm and Emirates closed its gate at 3pm.

The hospital said it couldn’t work on everyone in the short time.

Around 300 passengers missed their flight yet Safari Lab had made a total of UgSh75m since everyone had paid UGX 250,000 for the test.

In the video where all passengers were visibly angry and frustrated, they can be heard asking for what the solution is and who is going to pay for the tickets again now that those that they had paid for can no longer be used anymore.

Passengers expressed their frustration at the rot in the service.

“I experienced such thing in March as the officers in charge claimed that the gates were close at 1pm as the flight was at 3pm,” one twitter user said.

Some made jokes out of it and asked, if this was because of the US$10 tax that is in the process of being introduced and will be paid by anyone that leaves the country using the Entebbe International Airport.

Another twitter user @kasoxialex2000 asked, ‘’@UgandaCAA (Uganda Civil Aviation Authority), but seriously you guys when you move to some airports don’t you copy something? Why are we ever backwards??? Stop embarrassing us. Who will save Uganda’’
By press time there was no official communication from the Civil Aviation Authority, Safari Lab nor Emirates Airways.

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Kagame Tells Bankers, Banking Can’t Just Be “Service For Elites”

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Banking can’t just be a service for elites, President Paul Kagame has said.  He made the remarks while speaking at the 14th Annual Banking and Finance Conference in Nigeria that he attended virtually.

Running under the theme, ‘’Economic Recovery, Inclusion and Transformation: The Role of Banking and Finance’’, the two-day conference will aim at the need to reposition the Finance and Banking sector as a catalyst for Economic recovery, transformation and inclusive growth.

In his remarks, he noted how the Covid pandemic has affected every aspect of Africa’s economies but at the same time also presents an opportunity for African banks to play a leading role in making societies more resilient and more responsive to the needs of Africans.

‘’Whatever affects business, affects banking. Financial services are the engine of private sector development. Banks are crucial for allocating capital wisely and productively,’’ he further added.

President Kagame noted that, in order to stay competitive, there is need to keep integrating new technology into banking to increase financial inclusion and access as banking can’t just be a service of elites.

He also went ahead to reemphasize what he has always said when it comes to African states always depending on the West and other countries for support. ‘’Indeed, Africa has the resources to fund its own economic growth and reduce dependence on external resources,’’ he said.

Kagame also noted that the African Continental Free Trade Area is creating new opportunities for Pan African Trade and investment. ‘’Banks with continental reach, like several of the institutions represented here can lead the way in cementing economic integration.’’

As he concluded, he stated how the banking sector, more than any other, understands the importance of integrity and good customer service. ‘’Banking is ultimately about trust. We look to you to set the pace in this regard. Our role as governments is to maintain good enabling environments, protecting both shareholders and customers while allowing for innovation. We expect you to keep challenging us on this,’’ he said.

In attendance at the same conference was the Central Bank of Nigeria Governor Edwin Emefiele who made a huge announcement.  He said, ‘’Central Bank, will, in the next twelve months be establishing the Nigerian International Financial Centre (NIFC). The NIFC will act as an international gateway for capital and investments, driven by technology and payment system infrastructure.’’

In Rwanda, current statistics show that even though there are still various challenges that continue to put women behind men when it comes to financial inclusion, the number of women who are currently banked have risen from 24% in 2016 to 34% in 2021.

This is according to a FinScope 2020 Gender thematic report on the state of women financial inclusion in Rwanda that was supported by Access to Finance Rwanda (AFR).

In one of the Focus Notes from Access to Finance Rwanda, farmers reported that women and men enjoy equal rights and treatment at specified two Financial institutions in the Focus note and therefore no special gender based treatment yet the outcomes of each groups are not equal.

At both Financial Institutions, women and youths are more likely to use loans to hire land farm as they lack access to land and they have been assisted by addressing some of the barriers that women and youth face in accessing loans.

The conference will therefore focus on how banking can be a service enjoyed by all Africans regardless of their financial strengths through making access to finance for development is an easy and smooth process.

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