African businesses to receive boost from AU agency

first_imgChinese technology, investments boost African farms African heads gather in Nouakchott for AU Summit Ram Thapa waits for customers in his shop in Alexandra township in Johannesburg, South Africa, July 19, 2019. Picture taken July 19, 2019. REUTERS/Emma RumneyThe African Union Development Agency (AUDA-NEPAD) on Tuesday launched a program to help Africa’s Micro, Small and Medium Enterprises (MSMEs) to adapt business operations in the era of the COVID-19 pandemic.AUDA-NEPAD, in partnership with Ecobank Group, launched the MSME Academy which will give access to practical training and resources on financing opportunities in various countries, and how to adapt business operations in the era of the COVID-19 pandemic.The platform will also provide access to market intelligence, a host of mentors with a diverse experience while assisting with access to funding opportunities.“As the continent faces the socio-economic uncertainties brought about by the outbreak of COVID-19, the AUDA-NEPAD MSME Academy which is delivered in partnership with Ecobank, aims to foster resilience and the survival of MSMEs’ in these critical times,” said AUDA-NEPAD CEO Ibrahim Assane Mayaki.He stated that the contribution of MSMEs and informal enterprises to the gross domestic product growth and employment creation is fundamental in a continent with low-income and middle-income economies.“The impact of COVID-19 continues to be felt across Africa with serious challenges and uncertainties for our MSMEs. The MSME Academy comes at an appropriate time to provide the right level of support to this vulnerable and important business segment in Africa,” he said.Relatedcenter_img Chinese manufacturers boost South African re-industrializationlast_img read more

Cosco Focuses on Pacific International Lines as Takeover Target

first_imgChina’s Cosco Shipping Holdings Co. is eyeing Singapore’s Pacific International Lines as a potential takeover target as it looks to expand its footprint in developing markets. PIL is among the carriers still feeling the aftereffects of a steep downturn in shipping demand in recent years, a decline that led to rapid consolidation among big operators. The world’s top five container lines now control about 64% of global shipping capacity, according to Alphaliner. (Image Courtesy: COSCO Shipping, Italy) “The disposal may not be sufficient to forestall the sale of cash-strapped PIL, widely seen as the next most attractive target in the container shipping market amidst the ongoing consolidation trend,” Alphaliner said. Singapore-based PIL is run by the Teo family and company Chairman Teo Siong Seng is a board member of Cosco’s Hong Kong-listed container-shipping flagship unit. PIL relies on the Chinese operator to charter ships. “If Teo wants out, it will take a phone call to Beijing. He is close to Cosco’s top management,” one person said. “Teo wants to hold on, but it’s been a tough 12 months.” The shipping line has been in financial distress for a couple of years. PIL faces $1.08 billion in payments on short-term debt this June and is carrying a total of $3.46 billion in debt, Alphaliner said in a report last week. PIL manages a fleet of 111 small and medium-size boxships and 20 other cargo vessels worth around $2.3 billion, according to data provider Vessels Value. PIL has repeatedly denied it will sell its shipping unit. Cosco executives said they are busy integrating with Hong Kong boxship major Orient Overseas International Ltd. , which Cosco bought for $6.3 billion last July. PIL, which has a strong presence in Africa and has ships employed in trans-Pacific and north-south trade lanes, is the world’s 10th-biggest container line, according to marine data provider Alphaliner, which earlier reported Cosco’s interest in PIL. PIL’s exposure to African trade fits Beijing’s Belt and Road Initiative to connect Asia and Europe through sea, rail and road networks, which Cosco is spearheading. Author: Baibhav Mishra Cosco recently bought part of debt-ridden PIL’s container-manufacturing business, and executives at the Chinese carrier believe they could wrap up a deal for the entire business if PIL’s owners decide to sell, people with direct knowledge of the matter said. (Source: Wall Street Journal) PIL reported a $140 million loss in the first half of 2018, according to its most recent earnings report. It also pulled back a planned bond offering in U.S. dollars last year after gaining little interest from investors. Hong Kong-listed Singamas Container Holdings Ltd., which is 41% owned by PIL, early last week agreed to sell a part of its container-box-making business to a unit of Cosco for $565 million, in part to reduce debt. Singamas plans to focus on logistics and manufacturing of specialized container boxes. Sea News, May 13 The two operators aren’t in formal acquisition talks.last_img read more

Low Cost VNA Solution to Test E-Band Microwave Components

first_imgAnritsu has introduced an E-band option for its ShockLine™ MS46500B series of 2 and 4 Port performance Vector Network Analyzers (VNAs) that addresses the market need to lower cost-of-test for E-band components. With the option installed, the MS46500B series can reduce production costs and more efficiently verify the performance of high-frequency passive components, such as antennas, filters, and duplexers, during manufacturing.In addition to the E-band frequency capability, Anritsu also introduces 20 GHz and 40 GHz options for the ShockLine MS46500B series. With these options, the MS46500B VNAs address the S-parameter and time-domain measurement requirements associated with microwave applications.Cost-effective E-band SolutionWith the 55 GHz to 92 GHz E-band frequency option, the MS46500B delivers a combination of high performance and economy unprecedented in the E-band VNA market, making it a superior choice over higher-priced broadband systems in cost-sensitive applications. Available in both 2- and 4-port configurations, it extends the frequency coverage of the ShockLine VNA family and makes the MS46500B ideal for testing mm-wave passive components used in 5G small cell networks, driver assistance/collision avoidance radar, near- and far-field antenna, and personal communication applications.Microwave OptionsThe new 20 GHz and 40 GHz options add power control, LRL/LRM calibration and other capabilities previously unavailable in ShockLine microwave VNAs. The MS46500B, with the microwave options, is ideal for testing components used in network equipment, automotive, signal integrity, and system integration applications. The ShockLine MS46500B series is particularly well suited for integration into measurement systems, due to its typical dynamic range of 120 dB to 40 GHz, full remote programming capability and a small 3U rack-mountable package.The 2-port MS46522B and 4-port MS46524B VNAs use the same software, command syntax, drivers, and programming environments as the other ShockLine instruments. This powerful feature enables reuse of program code written for ShockLine family VNAs on the E-band and microwave instruments with little or no alteration.ShockLine software also provides a powerful graphical user interface (GUI) for manual test environments. When attached to a user-supplied touchscreen monitor, the full-featured GUI provides comprehensive capabilities, including network extraction, embedding/de-embedding networks, and time domain with gating. Developing and troubleshooting test programs is made easier with advanced marker functionality, limit lines, and other features of the software.The ShockLine MS46500B VNA series has a dynamic range of 140 dB at 2 GHz and typically >120 dB up to 40 GHz, as well as fast sweep times, all at an economical price. It is one of five ShockLine series that feature 1, 2, or 4 Port models in multiple form factors. All ShockLine VNAs are designed with LAN or USB interfaces to fit any testing environment and can economically test passive devices in cost-sensitive manufacturing, engineering, and education applications.last_img read more

Meralco Bolts signs rookies Jackson, Quinto to contracts

first_imgQuinto, on the other hand, was also a worthy addition for Black after seeing him still available in the second round despite having a strong performance in the NCAA last year.“I could not believe it, actually. For me, he was definitely a first round pick and I could not believe he dropped to the second round,” Black said. “I wanted to choose a big guy but when he was sitting there, I had no choice but to take him.”“Bong is a talented player. Not only can he score the basketball, but he can pass and rebound,” added the former PBA Best Import awardee.The Bolts were initially targeting Parks in a trade with the Blackwater Elite but the latter seemed not interested to part ways with their No. 2 overall selection./PN Manila – With their trade for Bobby Ray Parks Jr. still up in their air, the Meralco Bolts has locked in on their rookie selections Trevis Jackson and Kier John Quinto in separate contracts.Jackson, who previously played as part of Gilas Pilipinas 3×3 team, has signed a two-year contract, while Quinto was inked to a one-year deal. Contract details were not released publicly.Bolts head coach Norman Black said that they opted for Jackson despite his team’s need to shore up its lineup due to the latter’s ability to spark the team, as showed by his performance in the PBA Developmental League.“We opted to select Jackson with the fifth overall pick because we needed a spark as far as offense is concerned,” Black said on Jackson, who averaged 16.7 points, 4.7 rebounds, 4.0 assists and 1.7 steals in PBA D-League.last_img read more

Dunham shines at UFC Fight Night Hildago Texas

first_imgHILDAGO, Texas – It was a wild night in the heart of Texas as both bouts of the CO Main Event ended quickly and brutally. Michael Johnson bounced back from two straight losses to violently defeat the red hot Dustin Poirier by knockout in only 1:35. This knockout was fresh on the heels of a Derek Brunson 1:41 knockout of Uriah Hall in the other half of the main event.While the double knockouts were everything a Co Main Event should have been, it was a fighter on the earlier part of the card that may have won the most important fight of the night.Evan Dunham had to face a late replacement in Rick Glenn, but still brought the heat and it ended up being a 3 round war. Abel Trujillo was expected to face Evan Dunham at the event. However, Trujillo pulled out of the fight on September 5, citing an undisclosed injury. UFC matchmakers signed former WSOF Featherweight Champion and promotional newcomer Rick Glenn as his replacement.Glenn showed that he had a chin of stone and weathered countless heavy blows from Dunham to survive later and not get knocked out from the relentless barrage. It ended up going to Dunham in a decision victory, but both men showed great heart and put on a classic. We haven’t seen the last of Glenn who did very well for himself despite the loss.As for Dunham, this win keeps him on his gigantic role. He has now won four straight matches and is looking the best he has since early in his career He has beaten Rodrigo Damn, Ross Pearson, Joe Lauzon and now Rick Glenn during the streak. What is even more impressive is the fact that Dunham was coming off a ten-month layoff before tonight, and didn’t look rusty. The lightweight division is looking for some new blood, and Dunham just might be the man to inject it.The quickest fight of the night came earlier on the main card. In fact, it was the first fight of the main card between Chas Skelly and Maximo Blanco. Skelly floored Blanco seconds into the fight, and then mounted him and choked him out before the fight was even 20 seconds old.It was the UFC’s first trip to Hildago, but after last night, it is a safe bet they will return! Related TopicsHildagoMichael JohnsonTexasUFCUFC Fight Night 94Uriah Hall Vince McKeelast_img read more

UWF falls to Delta State, 65-53

first_imgUWF falls to Delta State, 65-53 Share Kelseigh Hughes led UWF in steals and assists Thursday at Delta State (Photo by Chris Nelson/ArgoPhotos.com) center_img  CLEVELAND, Miss. – After upsetting one of the top teams in the conference earlier in the season, the West Florida women’s basketball team was unable to pull of the task a second time, falling to Delta State 65-53 on the road Thursday night.UWF defeated DSU 66-51 on Jan. 24 for the first win over the conference powerhouse since 2008 and the first Gulf South Conference win of the season for UWF. But the Argos (6-19, 3-14 GSC) were unable to hang with the Lady Statesmen (17-8, 12-5) in the second half Thursday.The first half saw four lead changes, and UWF overcame a 10-point deficit to eventually tie the game 27-27 on a Jasmine Wigfall (Orlando, Fla./Timber Creek HS) jumper with 57 seconds left in the first half to send the game into the break tied. But DSU took the lead early in the second half and held on for the win the rest of the way.Hanna Vette (Tarkio, Mo./Mineral Area CC) just missed a double-double with 11 points and nine rebounds while Jaymie Druding (Orchard Park, N.Y./Maine) and Wigfall each scored 11. Kelseigh Hughes (Hammond, La./St. Thomas Aquinas Catholic HS) added a team-high four steals and three assists.UWF will finish the regular season at Christian Brothers at 2:05 p.m. March 2.For information on all UWF athletics, visit www.GoArgos.com. #ARGOS#Newspaper Box ScoreWest Florida vs Delta State02/28/13 5:30 p.m. at Cleveland, MS (Sillers Coliseum)At Cleveland, MS (Sillers Coliseum)DELTA STATE 65, WEST FLORIDA 53WEST FLORIDA (6-19, 3-14 GSC)Vette, Hanna 4-10 3-4 11; Wigfall, Jasmine 4-7 3-4 11; Druding, Jaymie 5-81-2 11; Gradel, Sarah 3-3 2-2 8; Johnson, Toynetta 3-10 1-1 7; Erland, Emily0-4 3-4 3; Miller, Raquel 1-2 0-0 2; Odom, Bethany 0-0 0-0 0; Byrd, Tayler0-0 0-0 0; Hughes, Kelseigh 0-2 0-0 0. Totals 20-46 13-17 53.DELTA STATE (17-8, 12-5 GSC)Rhodes, Chelsey 7-12 3-4 18; Roberts, Brittany 5-11 3-4 14; Ball, Rhandi5-14 2-3 12; Chaney, Juquecia 4-6 0-2 8; Walton, Seneca 1-8 5-7 7; Ruckes,Becca 1-2 2-2 4; Govan, Shanae 1-3 0-0 2; Brown, Ashley 0-1 0-0 0; Henry,Kenisha 0-0 0-0 0; Hickman, Chadisty 0-4 0-0 0. Totals 24-61 15-22 65.West Florida………………   27   26  –   53Delta State……………….   27   38  –   653-point goals–West Florida 0-5 (Vette, Hanna 0-3; Johnson, Toynetta 0-1;Erland, Emily 0-1), Delta State 2-10 (Rhodes, Chelsey 1-3; Roberts, Brittany1-4; Hickman, Chadisty 0-3). Fouled out–West Florida-None, DeltaState-None. Rebounds–West Florida 37 (Vette, Hanna 9), Delta State 33(Walton, Seneca 6; Ball, Rhandi 6). Assists–West Florida 8 (Hughes,Kelseigh 3), Delta State 7 (Roberts, Brittany 3). Total fouls–West Florida16, Delta State 12. Technical fouls–West Florida-None, Delta State-None.A-1563Print Friendly Versionlast_img read more

Virgin Galactic Gandeng NASA Kembangkan Pesawat Komersial Berkecepatan Tinggi

first_imgWalaupun secara DNA Virgin Atlantic merupakan perusahaan Britania Raya, namun, secara binsis, mereka lebih fokus bermain di ceruk pasar AS. Tak terkecuali dengan teknologi penerbangan next generation atau berkecepatan tinggi.Bila segalanya telah rampung dan siap, pesawat komersial berkecepatan tinggi itu lebih memfokuskan diri di pasar potensial AS, khususnya pada penerbangan point-to-point. Namun, tak menutup kemungkinan seiring berjalannya waktu, pesawat komersial berkecepatan tinggi Virgin Atlantic juga akan beroperasi di negara lainnya.“The new Space Act Agreement ini akan memungkinkan NASA untuk berkolaborasi dengan Virgin Galactic dan The Spaceship Company untuk membuat organisasi kami mengambil keuntungan dari alat, teknik, dan teknologi baru yang dikembangkan selama 50 tahun terakhir dan untuk mengeksplorasi potensi solusi baru untuk industri penerbangan komersial,” kata Dr. James Kenyon, Direktur Program Kendaraan Udara Masa Depan NASA Aeronautics.“Pengalaman unik Virgin Galactic dan berbagai inovasi teknologi di masa mendatang, ditambah kemitraan dengan NASA yang memiliki reputasi tinggi (di bidang Advanced Air Vehicles) dan lembaga pemerintah terkait lainnya, memungkinkan kemajuan pengembangan bisnis perusahaan untuk meningkatkan daya saing di pasar AS. Kami melihat ini sebagai ceruk pasar dengan potensi pertumbuhan luar biasa yang akan terus kami investasikan, di samping operasi spaceflight (wisawat luar angkasa) komersial kami,” kata George Whitesides, CEO Virgin Galactic Holdings.Baca juga: Virgin Galatic Uji Coba Pesawat Luar Angkasa KomersialSebelumnya, pada bulan Februari lalu, Virgin Galactic terlebih dahulu meluncurkan program baru untuk mengamankan hajat besar penerbangan suborbital pertamanya dengan mematok uang muka sebesar US $1.000 atau sekitar Rp15 juta (kurs 15,432), dimana sebanyak 400 orang telah mendaftarkan diri.Diharapkan, sektor bisnis ini (jasa wahana antariksa suborbital untuk kepentingan wisata luar angkasa) dapat menutup kerugian yang terjadi di kuartal terakhir 2019 dan kuratal awal 2020, masing-masing sebesar $73 juta atau Rp 1,1 triliun (kurs 15,432) dan $60 juta atau Rp904 miliar (kurs 15,432).Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Like this:Like Loading… RelatedGunakan Boeing 747-400, Virgin Group Siap Luncurkan Satelit Menuju Orbit08/11/2018In “Featured”Produksi Pesawat Supersonic Setara Concorde, Virgin Galactic Gandeng Rolls Royce Hingga NASA05/08/2020In “Featured”Virgin Galactic Sukses Terbangkan (Kembali) Pesawat Bertenaga Roketnya ke Antariksa09/04/2018In “Featured” Sebuah pesawat roket milik Virgin Galactic pada hari Jumat, (22/2/2019) mengudara menuju ujung ruang angkasa dengan pilot penguji untuk pertama kalinya, mendorong perusahaan besotan miliarder asal Inggris, Sir Richard Branson lebih dekat dengan tujuannya untuk penerbangan suborbital bagi para wisatawan menuju luar angkasa. Sumber: japantimes.co.jp Virgin Galactic saat ini tengah mengalami jalan terjal dalam perjalanan bisnisnya di tahun ke-16 sepanjang sejarah berdirinya perusahaan. Dalam dua kuartal terakhir, perusahaan yang fokus di wisata luar angkasa ini dilaporkan mengalami kerugian besar. Namun, rupanya hal itu tak menghalangi inovasi perusahaan yang bernaung di bawah Virgin Group ini terhenti.Baca juga: Virgin Galactic Sukses Terbangkan (Kembali) Pesawat Bertenaga Roketnya ke AntariksaDikutip dari newatlas.com, belum lama ini, perusahaan asal Britania Raya yang berbasis di Mojave, California, Amerika Serikat (AS) tersebut dilaporkan tengah mengembangkan teknologi penerbangan komersial next generation atau berkecepatan tinggi. Guna mempercepat terealisasinya misi tersebut, Virgin Atlantic menggandeng badan antariksa AS, NASA. Kepastian tersebut didapat setelah keduanya meneken sebuah perjanjian The new Space Act Agreement, beberapa hari lalu.last_img read more

Uchiyama defends WBA title again

first_img IN FIVE EASY PIECES WITH TAKE 5 SAITAMA (Kyodo) Takashi Uchiyama beat Roy Mukhlis of Indonesia by TKO as the WBA super featherweight champion defended his title for the second time Monday.Uchiyama went to work on the No. 5 challenger in the fifth round, startling the Southeast Asian with a hard right before unloading on Mukhlis to take him down. The referee stopped the fight halfway through the count as the 30-year-old Uchiyama posted his sixth straight knockout victory before his native Saitama fans.Uchiyama is 16-for-16 for his career with 13 knockouts.“I kept going at his body, and it was affecting his concentration,” Uchiyama said. “I got him good with a right hook at the end. All the hard work paid off. I think I can get stronger and stronger.” center_img GET THE BEST OF THE JAPAN TIMESlast_img read more

Consider Adopting Your Local Neighborhood Fire Hydrant

first_imgClear a path approximately 3 feet around the hydrant and shovel a path from the street or roadway up to the fire hydrant. This will ensure hydrants are visible and will allow the Fire Department to quickly locate the fire hydrant, obtain a water supply for firefighting activities, and give the fire department room to work with this hydrant should the need arise. Adopt-a-hydrant allows citizens to claim responsibility for shoveling out fire hydrants after heavy snowfall. In the midst of winter snowstorms, buried hydrants cause dangerous delays for firefighters. But having the department employees check and clear hundreds of hydrants would be a timely, costly and burdensome process. In a message from CES, “If you have one of these on your street, or in your yard, please consider spending a few moments digging out around it so that firefighters can quickly locate it and have immediate access. It may save a life, and valuable personal property. “center_img These devices provide firefighters with a ready and ample supply of water when fighting fires. The only thing that would slow that readily available supply is their ability to locate it and place it into use. FacebookTwitterEmailPrintFriendly分享Central Emergency Services is asking the public to consider adopting a local neighborhood fire hydrant.last_img read more

Vandy women win first SEC tennis title

first_imgCOLUMBIA, S.C. – The Vanderbilt women’s tennis team claimed its first SEC Tournament title in dramatic fashion Sunday, taking a 4-3 win over Georgia.No. 4 seed Vanderbilt, ranked ninth nationally, took the doubles point and an overall 3-0 lead. But Georgia claimed three singles matches, two of them in three sets, to tie it 3-3.Vanderbilt senior Marie Casares rallied at No. 5, beating Caroline Brinson 3-6, 6-3, 6-4, to claim the Commodores’ first SEC tournament title in three trips to the championship match. She spent much of the final set with teammates surrounding the court.“It’s just an incredible position to be in,” coach Geoff Macdonald said. “It’s kind of like lining up to kick a game-winning field goal in a huge football game, but doing it for 45 minutes straight. But Marie has been in it before, and I don’t even think she was nervous.”Casares’ 32 singles wins last season set a Vanderbilt record, which was broken by teammate Sydney Campbell this season. But this was Casares’ biggest victory to date.“I just looked at it as being in that position for a reason,” Casares said. “I just loved the moment.”Vanderbilt also got singles wins from Frances Altick (6-4, 6-1) and Astra Sharma (6-2, 6-1), who earned tournament MVP honors.In doubles, Campbell/Courtney Colton won 8-3 at No. 1, and Sharma/Ashleigh Antal earned an 8-6 victory at No. 2.Vanderbilt had already knocked off No. 5 seed Alabama 4-0 on Friday and No. 1 seed Florida 4-2 on Saturday to advance to the final. The Commodores now await their 21st consecutive NCAA Tournament appearance, all during Macdonald’s tenure.Reach Adam Sparks at 615-259-8010 and on Twitter @AdamSparks.last_img read more