Swala Oil and Gas (Tanzania) Plc Debut on the Dar es Salaam Stock Exchange

DAR ES SALAAM, Tanzania, August 12, 2014/African Press Organization (APO)/ — Swala Oil & Gas (Tanzania) Plc (“Swala” or “the Company”) (http://www.swala-energy.co.tz) today listed on the Dar es Salaam Stock Exchange (“DSE”) becoming the first public owned Oil and Gas Company in East Africa. The company is the 20th to list on the DSE and the 2nd to list under the Enterprise Growth Market (“EGM”), an equity market specifically intended for Small and Medium Enterprises (SMEs) and start-ups.

Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/sawa.jpg

Photo 2: http://www.photos.apo-opa.com/index.php?level=picture&id=1288 (His Excellency the former president of the United Republic of Tanzania, Alhaji Ali Hassan Mwinyi, rings the bell officiating the first trading day of Swala Oil & Gas Tanzania Plc on the Dar es Salaam Stock Exchange (DSE). With him Swala CEO, Mr. David Mestres Ridge (L) and Swala Chairman, Mr. Ernest Massawe (R)

The company listed on the EGM with 99 million shares after a very successful Initial Public Offer (“IPO”) which raised 6,650,000,000 Billion TZS. This IPO was oversubscribed by nearly 4 million shares and has raised nearly 2 billion TZS more than the maximum subscription of 4.8 billion TZS.

The momentous event took place at the DSE offices and was graced by His Excellency the former President of the United Republic of Tanzania, Ali Hassan Mwinyi who rang the bell at 10:30 am EAT to officiate the event, the traditional symbol signifying the opening of Swala’s first trading day.

Former president Mwinyi asserted that Swala’s oversubscription shows a great investment appetite amongst Tanzanians in investing in their country’s economy and a growing confidence in the national Stock Exchange.

Mr. Moremi Marwa, CEO of the DSE remarked, “In October of 2013, the DSE introduced the EGM segment at the Exchange whose main objective is to enable Small and Medium Sized business access to the capital market. Swala is the second company to list on EGM within a year of its launching. Listing on DSE comes with transparency, good corporate practices and proper disclosures. Swala has made the right decision to join the family of companies aiming at being open and transparent to their shareholders, the public and the world at large”.

Chairman of Swala, Mr. Ernest Massawe further added, “Today’s listing on the EGM marks a new chapter for our company and another step forward in realizing our ambition to achieve a successful venture based on private and public partnership. We wish to extend our thanks to all those who have made this possible: the regulators, our advisors and, most importantly, our new investors. The company is now ready to commence its 2014 seismic programme and we look forward to fruitful results. I am confident that Swala, as a public company, will be able to capitalize on its achievements to date and continue to deliver for all its stakeholders”.

Distributed by APO (African Press Organization) on behalf of Swala Oil and Gas Tanzania Plc.

For Further information please contact:

Swala Oil & Gas (Tanzania) Plc

David Mestres Ridge (CEO)

T: +61 8 6270 4700

david.mestres@swala-energy.com

www.swala-energy.co.tz

Frontline Porter Novelli

Irene Kiwia (MD)

T: +255 658870114

Irene@frontline.co.tz

About Swala:

Swala (http://www.swala-energy.co.tz) is the first oil and gas company to list on an East African stock exchange. It is an affiliated company to Swala Energy Limited, a company in turn listed on the Australian Stock Exchange (ASX) with ticker “SWE”. Swala holds assets in the world-class East African Rift System with a total net land package in excess of 17,500km2. Swala has an active operational and business development programme to continue to grow its presence in the hydrocarbon provinces of East Africa.

About The Entrepreneurship Growth Market (“EGM”):

EGM is an equity market specifically intended for Small and Medium Enterprises (SMEs) and start-ups. With the liberalization of the Tanzanian economy, entrepreneurship is growing more and more; the number of SMEs has been increasing and is expected to increase further. However, both the government’s policy and strategic studies and CMSA’s capital markets studies have unequivocally shown that access to capital has been a key hindrance to the development of entrepreneurship and growth of SMEs.

Categories: African Press Organization

Mozambique: New Eye Clinic To Serve Two Million

MAPUTO, Mozambique, August 12, 2014/African Press Organization (APO)/ — A few days ago the Central Hospital in Beira, Mozambique, saw the groundbreaking ceremony for the new Invicta Eye Clinic, which will serve as eye-care hub for two million people. “Healthcare is a key factor in socio-economic development. Today’s ceremony brings us a step closer to our goal: nobody, neither here in Mozambique nor anywhere else, should lose their eye-sight to preventable blindness. At Invicta Eye Clinic, we will be able to perform 1,200 surgeries and treat a total of 25,000 patients per year”, announced Prof. Gerhard Schuhmann, ophthalmologist from Austria and board member of LIGHT FOR THE WORLD (http://www.light-for-the-world.org), at the ceremony. The new clinic is named after Peter von Bertalanffy’s Invicta foundation, who both contributed significantly to the project.

Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/l4tw.jpg

Photo 1: http://www.photos.apo-opa.com/index.php?level=picture&id=1290

Photo 2: http://www.photos.apo-opa.com/index.php?level=picture&id=1289

Video (English subtitle): http://bit.ly/1sLKPXV

A hub for both eye-care and professional training

In Mozambique, just 18 ophthalmologists and 54 ophthalmic nurses serve a population of 23 million – so theoretically one ophthalmologist is responsible for 1.3 million patients. Therefore the training of professionals is a crucial milestone towards LIGHT FOR THE WORLD’s mission of improving eye health for all. The concept for the new eye clinic reflects this: it will house training facilities that will enable the graduation of ten eye care professionals every two years. “We are very proud that the Invicta Eye Clinic will be the first training centre of its kind outside of the capital Maputo”, Zacharias Zicai said.

LIGHT FOR THE WORLD has been active in Mozambique since 2003. In cooperation with Beira Central Hospital the organisation is implementing a comprehensive blindness prevention programme for Central and Northern Mozambique including outreach programmes, primary eye care units and professional trainings. LIGHT FOR THE WORLD and its programmes form part of the Vision2020 initiative aiming to eliminate preventable blindness globally by 2020.

Distributed by APO (African Press Organization) on behalf of Light for the World.

Contact:

Andrea Zefferer, LIGHT FOR THE WORLD

Mobile: +447546873619

E-Mail: a.zefferer@light-for-the-world.org

Twitter: @abisze

Further information: http://www.light-for-the-world.org/mozambique/

Twitter: https://twitter.com/lftwworldwide

Facebook: https://www.facebook.com/LFTWInternational

About:

LIGHT FOR THE WORLD (http://www.light-for-the-world.org) is a confederation of national development NGOs committed to improving eye health and to promoting inclusive education, community based rehabilitation, livelihood and access to disability rights in the partner countries.

In 2013, more than 56,300 sight saving cataract surgeries were carried out. 15,100 eye lid surgeries relieved pain and stopped the process of persons suffering from trachoma from losing their sight. 73,500 children with disabilities accessed various kinds of rehabilitation. In total LIGHT FOR THE WORLD reached 1.18 million persons in developing regions across the world, most of them in Africa and Asia.

Source: APO

Categories: AFRICA

Swala Oil and Gas (Tanzania) Plc Debut on the Dar es Salaam Stock Exchange

DAR ES SALAAM, Tanzania, August 12, 2014/African Press Organization (APO)/ — Swala Oil & Gas (Tanzania) Plc (“Swala” or “the Company”) (http://www.swala-energy.co.tz) today listed on the Dar es Salaam Stock Exchange (“DSE”) becoming the first public owned Oil and Gas Company in East Africa. The company is the 20th to list on the DSE and the 2nd to list under the Enterprise Growth Market (“EGM”), an equity market specifically intended for Small and Medium Enterprises (SMEs) and start-ups.

Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/sawa.jpg

Photo 2: http://www.photos.apo-opa.com/index.php?level=picture&id=1288 (His Excellency the former president of the United Republic of Tanzania, Alhaji Ali Hassan Mwinyi, rings the bell officiating the first trading day of Swala Oil & Gas Tanzania Plc on the Dar es Salaam Stock Exchange (DSE). With him Swala CEO, Mr. David Mestres Ridge (L) and Swala Chairman, Mr. Ernest Massawe (R)

The company listed on the EGM with 99 million shares after a very successful Initial Public Offer (“IPO”) which raised 6,650,000,000 Billion TZS. This IPO was oversubscribed by nearly 4 million shares and has raised nearly 2 billion TZS more than the maximum subscription of 4.8 billion TZS.

The momentous event took place at the DSE offices and was graced by His Excellency the former President of the United Republic of Tanzania, Ali Hassan Mwinyi who rang the bell at 10:30 am EAT to officiate the event, the traditional symbol signifying the opening of Swala’s first trading day.

Former president Mwinyi asserted that Swala’s oversubscription shows a great investment appetite amongst Tanzanians in investing in their country’s economy and a growing confidence in the national Stock Exchange.

Mr. Moremi Marwa, CEO of the DSE remarked, “In October of 2013, the DSE introduced the EGM segment at the Exchange whose main objective is to enable Small and Medium Sized business access to the capital market. Swala is the second company to list on EGM within a year of its launching. Listing on DSE comes with transparency, good corporate practices and proper disclosures. Swala has made the right decision to join the family of companies aiming at being open and transparent to their shareholders, the public and the world at large”.

Chairman of Swala, Mr. Ernest Massawe further added, “Today’s listing on the EGM marks a new chapter for our company and another step forward in realizing our ambition to achieve a successful venture based on private and public partnership. We wish to extend our thanks to all those who have made this possible: the regulators, our advisors and, most importantly, our new investors. The company is now ready to commence its 2014 seismic programme and we look forward to fruitful results. I am confident that Swala, as a public company, will be able to capitalize on its achievements to date and continue to deliver for all its stakeholders”.

Distributed by APO (African Press Organization) on behalf of Swala Oil and Gas Tanzania Plc.

For Further information please contact:

Swala Oil & Gas (Tanzania) Plc

David Mestres Ridge (CEO)

T: +61 8 6270 4700

david.mestres@swala-energy.com

www.swala-energy.co.tz

Frontline Porter Novelli

Irene Kiwia (MD)

T: +255 658870114

Irene@frontline.co.tz

About Swala:

Swala (http://www.swala-energy.co.tz) is the first oil and gas company to list on an East African stock exchange. It is an affiliated company to Swala Energy Limited, a company in turn listed on the Australian Stock Exchange (ASX) with ticker “SWE”. Swala holds assets in the world-class East African Rift System with a total net land package in excess of 17,500km2. Swala has an active operational and business development programme to continue to grow its presence in the hydrocarbon provinces of East Africa.

About The Entrepreneurship Growth Market (“EGM”):

EGM is an equity market specifically intended for Small and Medium Enterprises (SMEs) and start-ups. With the liberalization of the Tanzanian economy, entrepreneurship is growing more and more; the number of SMEs has been increasing and is expected to increase further. However, both the government’s policy and strategic studies and CMSA’s capital markets studies have unequivocally shown that access to capital has been a key hindrance to the development of entrepreneurship and growth of SMEs.

Source: APO

Categories: AFRICA

Electric bugs used to detect water pollution

Electric bugs used to detect water pollution

Scientists from Bath have developed a low-cost device that could be used in developing countries to monitor the quality of drinking water in real time without costly lab equipment.

Current methods of detecting pollutants in water are costly, time-consuming and require specialist technical expertise. However researchers from the University of Bath in collaboration with Bristol Robotics Laboratory at the University of the West of England, have created a low cost sensor using 3D printing technology that can be used directly in rivers and lakes for continuous water quality monitoring.

The sensor contains bacteria that produce a small measurable electric current as they feed and grow. The researchers found that when the bacteria are disturbed by coming into contact with toxins in the water, the electric current drops, alerting to the presence of pollutants in the water.

Dr Mirella Di Lorenzo, Lecturer in Chemical Engineering at the University of Bath, explained: “When the bacteria feed in a microbial fuel cell, they convert chemical energy into electrical energy that we can measure.

“We found that when we injected a pollutant into the water there was an immediate drop in the electric current they produced. The drop was proportional to the amount of toxin present and the current is recovered once the toxin levels fell.

“This means we are able to monitor the level of pollutants in the water in real time without having to collect multiple samples and take them to a laboratory.

“Because this system uses live bacteria, it acts a bit like a canary in a mine, showing how these chemicals affect living organisms.”

The effects of pollution on ecosystems are currently assessed using fish or daphnia, which is costly, takes time and is difficult to reproduce the results.

Other methods of detecting water pollutants involve mass spectrometry which is a very sensitive process but requires expensive specialist equipment and expertise, so is unsuitable for routine widespread water monitoring, and impossible in some of the developing countries that need this technology most.

Using the device, the researchers were able to detect tiny concentrations of cadmium, a pollutant used in the electronics industry, at quantities well below the accepted maximum safe levels.

The research is published in the journal Biosensors and Bioelectronics.

Ends

For further information, please contact Vicky Just in the University of Bath Press Office on +44 (0)1225 386 883 or +44 (0)7966 341 357.

Notes

“A small-scale air-cathode microbial fuel cell for on-line monitoring of water quality”

Mirella Di Lorenzo, Alexander R. Thomson, Kenneth Schneider, Petra J. Cameron, Ioannis Ieropoulos (2014) is published in Biosensors and Bioelectronics 62: 182-188.

DOI: 10.1016/j.bios.2014.06.050

University of Bath

We are one of the UK’s leading universities, ranked number one in UK for student satisfaction in the 2013 National Student Survey (NSS) and in the top ten of all national league tables, including being named ‘Best Campus University’ in the Sunday Times Good University Guide 2014.

Our Mission is to deliver world class research and teaching, educating our students to become future leaders and innovators, and benefiting the wider population through our research, enterprise and influence. Our courses are innovative and interdisciplinary and we have an outstanding record of graduate employment.

View a full list of the University’s press releases or follow the University’s latest news on Twitter.

Related links

Dr Di Lorenzo’s research profile: http://www.bath.ac.uk/chem-eng/people/di-lorenzo/index.html

Categories: AFRICA, ENVIRONMENT | Tags:

African Leaders commit to end hunger by 2025 through investments in agriculture

ADDIS ABABA, Ethiopia, August 11, 2014/African Press Organization (APO)/ — Africa’s leaders unanimously agreed to end hunger and cut poverty in half by 2025 with the signing of the Malabo Declaration at the 23rd Ordinary Session of the Assembly of the African Union Heads of State and Government last month.

Photo: http://www.photos.apo-opa.com/index.php?level=picture&id=1287 (AU Chairperson H.E Dr. Nkosazana Dlamini-Zuma)

Download the infographic: http://www.apo-mail.org/140811.pdf

Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/au.png

“Accelerated growth is essential if Africans at all levels are to achieve their aspirations for prosperity,” said AU Chairperson H.E Dr. Nkosazana Dlamini-Zuma (http://www.au.int). “It is time for heads of state to put agriculture at the top of national development agendas and lead the way on a sure path to development for their people. Prosperity is within reach – it’s in our hands.”

At the summit, African leaders committed to new priorities, strategies and concrete targets around agriculture-led growth to achieve food and nutrition security for shared prosperity for their people. Building on the positive growth performance of many agricultural sectors in recent years, the new targets will push governments to move faster in creating a policy and infrastructure environment in which agriculture can thrive and generate income opportunities at all levels.

Specifically, they agreed to:

• Recommit to the Comprehensive African Agriculture Development Programme (CAADP) process

• Increase both public and private investment finance in agriculture

• End hunger in Africa by 2025

• Halve poverty by 2025 through inclusive agricultural growth and transformation

• Boost intra-Africa trade in agricultural commodities and services

• Enhance resilience of livelihoods and production systems to climate change variability and other related risks

• Commit to mutual accountability to actions and results

Through CAADP, the African Union will drive and measure progress so that countries, and their leaders, are held accountable for results. The declaration committed African leaders to a systematic regular review process, using the CAADP Results Framework. The leaders further called for an immediate design of a strategy and roadmap for implementation of these comments.

“While their collective pledge is important, it is now time to move beyond words and for Africa’s political leadership to act. Africans cannot prosper on just hopeful summit declarations,” said Dr. Nkosazana Dlamini-Zuma.

Agriculture is Africa’s solution to long term social and economic development issues including food security, youth unemployment, gender inequality and climate change.

“A strong agricultural sector will provide employment and generate economic growth which means jobs and incomes for Africans,” said AUC Commissioner for Rural Economy and Agriculture, H.E Rhoda Peace Tumusiime. “But public and private sector investment in agriculture is essential.”

Distributed by APO (African Press Organization) on behalf of the African Union Commission (AUC).

For more information, please contact:

Boaz Blackie Keizire

Head Agriculture and Food Security

African Union

KeizireB@africa-Union.org

and

Ms Carol Jilombo

Department of Rural Economy and Agriculture, AUC

E-mail: Jilomboc@africa-union.org

For further information contact

Directorate of Information and Communication | African Union Commission I E-mail: dinfo@african-union.org I Web Site: www.au.int I Addis Ababa | Ethiopia

Categories: African Press Organization

African Leaders commit to end hunger by 2025 through investments in agriculture

ADDIS ABABA, Ethiopia, August 11, 2014/African Press Organization (APO)/ — Africa’s leaders unanimously agreed to end hunger and cut poverty in half by 2025 with the signing of the Malabo Declaration at the 23rd Ordinary Session of the Assembly of the African Union Heads of State and Government last month.

Photo: http://www.photos.apo-opa.com/index.php?level=picture&id=1287 (AU Chairperson H.E Dr. Nkosazana Dlamini-Zuma)

Download the infographic: http://www.apo-mail.org/140811.pdf

Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/au.png

“Accelerated growth is essential if Africans at all levels are to achieve their aspirations for prosperity,” said AU Chairperson H.E Dr. Nkosazana Dlamini-Zuma (http://www.au.int). “It is time for heads of state to put agriculture at the top of national development agendas and lead the way on a sure path to development for their people. Prosperity is within reach – it’s in our hands.”

At the summit, African leaders committed to new priorities, strategies and concrete targets around agriculture-led growth to achieve food and nutrition security for shared prosperity for their people. Building on the positive growth performance of many agricultural sectors in recent years, the new targets will push governments to move faster in creating a policy and infrastructure environment in which agriculture can thrive and generate income opportunities at all levels.

Specifically, they agreed to:

• Recommit to the Comprehensive African Agriculture Development Programme (CAADP) process

• Increase both public and private investment finance in agriculture

• End hunger in Africa by 2025

• Halve poverty by 2025 through inclusive agricultural growth and transformation

• Boost intra-Africa trade in agricultural commodities and services

• Enhance resilience of livelihoods and production systems to climate change variability and other related risks

• Commit to mutual accountability to actions and results

Through CAADP, the African Union will drive and measure progress so that countries, and their leaders, are held accountable for results. The declaration committed African leaders to a systematic regular review process, using the CAADP Results Framework. The leaders further called for an immediate design of a strategy and roadmap for implementation of these comments.

“While their collective pledge is important, it is now time to move beyond words and for Africa’s political leadership to act. Africans cannot prosper on just hopeful summit declarations,” said Dr. Nkosazana Dlamini-Zuma.

Agriculture is Africa’s solution to long term social and economic development issues including food security, youth unemployment, gender inequality and climate change.

“A strong agricultural sector will provide employment and generate economic growth which means jobs and incomes for Africans,” said AUC Commissioner for Rural Economy and Agriculture, H.E Rhoda Peace Tumusiime. “But public and private sector investment in agriculture is essential.”

Distributed by APO (African Press Organization) on behalf of the African Union Commission (AUC).

For more information, please contact:

Boaz Blackie Keizire

Head Agriculture and Food Security

African Union

KeizireB@africa-Union.org

and

Ms Carol Jilombo

Department of Rural Economy and Agriculture, AUC

E-mail: Jilomboc@africa-union.org

For further information contact

Directorate of Information and Communication | African Union Commission I E-mail: dinfo@african-union.org I Web Site: www.au.int I Addis Ababa | Ethiopia

Source: APO

Categories: AFRICA