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UNIME Enterprise Development Programme

UNIME Enterprise Development Programme

UNIME Technologies

At UNIME Holdings we believe that for the African continent to be able to match the rest of the world or even start to play in the same space where the whole world is, the influence of modern day technology has to play a major role. Not any kind of technology, but technology that is Africa relevant and world class at the same time.

With UNIME Technologies (UT), we provide Technology and Telecommunication products and Services that facilitate mobility. Technology these days develops at the speed of thought and we try to keep pace with it. With this in mind we have in our technology portfolio, a range of Mobility solutions which can be accessed anytime, anywhere and with any device. These include but are not limited to provisioning platforms, Video on Demand, Insurance on a Mobile device, amongst others

On the Information Communications space Information and knowledge have increasingly become essential resources in the global networked economy. To become fully integrated into the global economy and accelerate socio-economic development, Africa needs to develop and exploit these technologies. There is consensus that Africa cannot afford to miss out on the communications and global connectivity revolution. Development without a sound ICT infrastructure and modern communication system is not feasible. Although much progress has been made, the bdigital divideb is still at extremes in Africa. Access to key wireless, Mobility solutions on the go is cardinal to our strategy in this space.

Internal Certifications

We have certifications in some of the major manufacturer devices and operating systems. This gives us the ability to be robost in our delivery of solutions to our clients. These include:

Ericsson-BelAir logoianmac_hp_logoCisco-Logo_0microsoft-logo-new1oracle_logo_10g_db

 

All enquiries should be directed to:B info@unime.net

UNIME Invest

Our approach is very simple. Through our network of Country Managers, we get early alerts on investment opportunities in the public and private sector in countries of interest. Depending on the project we take an active stake in the project for its delivery.B Following that, we raise the requisite funds for the project through a network of our financial partners. This model provides African governments and entrepreneurs with a credible and supportive vehicle to assist them in their quest to create value for their countries, regions and ultimately, the continent. Our focus is in Infrastructural Development, (road, rail, air, sea etc.) Hospitality/hotel and property management, Finance and Risk Management, Information Communication, Health Care, Food and Agro processing, Agriculture.B Our activities at UNIME INVEST also extend to mineral and extractive industries where the opportunities are appealing to us and we believe that we can guarantee the right returns for our partners and shareholders.

UNIME holds investment interests in a wide range of industries. Our investment approach is to seek investment portfolios that will generate attractive rates of return for our investment partners, by improving the operating performance of the company of activity where the investment is taking place, rather than relying on financial engineering. Consequently, the business has used a lower degree of financial leverage than that employed by other private equity firms, with a median debt b to b EBITDA ratio of 3x, including a number of transactions with a 1 b to b 1 debt b to b equity ratios.

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We devote very careful attention to due diligence, transaction execution, B and investment monitoring. Within our operation, the responsibility for each potential investment is assigned to a transaction team headed by an Investment Officer. This team works closely with management to understand the companybs / countrybs project, business, and markets. They also perform extensive business, legal and accounting due diligence, culminating with the compilation of a detailed five-year bankable business plan.

The management of each portfolio, Project Company or country is responsible for achieving the overall performance targets as set forth by the business plan. Although we establish a close working relationship with each portfolio or project promoting company, our professionals know exactly where the boundaries are between, investors, operating management and service management. UNIME in this process will provide ongoing support in the areas of corporate finance, mergers and acquisitions, (M&A) including long term strategic planning.

 

 

Ericsson, the Telecoms Giant, to Expand Africa Network Services Amid Growth

 

 

Ericsson AB, the worldbs largest maker of wireless-network equipment, plans to expand its network-management services inB AfricaB as more phone companies outsource the technical side of their business.

Ericsson, which has contracts to manage Africa network services for New Delhi-based Bharti Airtel and Atlantique Telecom, is in talks with more operators on the continent, Kamar Abass, managing director of Ericsson Nigeria Ltd. and head of regional accounts for sub-Saharan Africa, said in an interview on Aug. 27 in Lagos, the commercial capital. Atlantic Telecom is a unit of Abu Dhabi-basedB Emirates Telecommunications Corp. (ETISALAT), known as Etisalat.
bHaving the two contracts today gives us a solid baseline,b he said. bWe are discussing very seriously with three or four customers.b
Services managed by Stockholm-based Ericsson include building telecommunications networks, running them and upgrading when necessary to increase network speed and capacity for new consumer services, an industry that will probably grow globally to $25 billion by 2017 from $14 billion last year, according to New York-basedB ABI Research. Itbs relatively new in Africa where most operators manage their own networks.
In June, the company opened two regional service centers in theB Democratic RepublicB of Congo and Nigeria as it tries to convince operators in the continent that itbs more efficient to have their networks managed, according to Abass.

GROWTH ROOM

Ericsson, which makes 40 percent of its global revenue from such services, announced in May that it had reached one billion connections out of an estimated 6.5 billion connections worldwide, meaning that almost one in six mobile lines are managed by the company.
Its 2011 contract with Airtel gives it responsibility for managing part of a network with 55.8 million subscribers in Africa. For Atlantique Telecom it runs a network of about 10 million subscribers. With about 65 million connections under the companybs management on a continent with more than 454 million connections in 2012, Africa offers room for growth, with the GSM Association estimating that there will be 700 mobile phone connections in the continent by 2016.

SERVICE CENTERS

Ericssonbs competitors in the managed-services market include Zoetermeer, Netherlands-based Nokia Siemens Networks, Paris-based Alcatel-Lucent SA, and Shenzhen, China-based Huawei Technologies Co. Its new service center in Congo caters to French-speaking clients and another inB NigeriaB serves English-speaking customers in Africa, with Ericsson workers trained on various technologies used by the operators, according to Abass.
Nigeria has the biggest mobile-phone market in Africa at 117.4 million subscribers as of June 2013, according to the Nigerian Communications Commission, from a population of more than 160 million. With many subscribers acquiring more than one line, the numbers will grow to more than 200 million subscriptions in 2017, London-based research company Informa Telecoms & Media predicts.
There are concerns the business model might lead to loss of jobs in the West African nationbs telecommunications industry, which employs 15,000 people directly and as much as 70,000 others indirectly, according to Gbenga Adebayo, chairman of the Association of Telecommunications Operators of Nigeria. There should be clear guidelines on bwhat the protection will be forb employees.

WORSENING INSECURITY

Two of the four biggest phone companies in Nigeria use networks managed on contract, with the others running most of theirs. All are investing a combined $5 billion to expand their network capacity for data with Nigerian smartphone users expected to increase to more than 35 million by 2017 from 5.6 million at the end of last year, according to Informa.
Major challenges include frequent power cuts and worsening insecurity since telecommunications facilities became targets of Islamist militants engaged in a violent campaign in the mainly Muslim north and Abuja since 2009 for Shariah rule.
bThat ability to keep a network site up-and-running is a basic capability, itbs a kind of entry to the clubb of serious competitors, said Abass.

 

 

 

Real Estate Developers See Opportunity In African Market

 

Actis
Global commercial real estate developers are currently dashing to construct shopping centres in Africa, one of the fastest-rising consumer markets in the world.
According to Reuters, when Wal-Mart Stores, the worldbs biggest general retailer, acquired a major stake in South Africabs food and grocery firm, Massmart, US shopping centre builder, Irwin Barkan, celebrated.
Barkan, who has been a mall developer for over three decades, believes the home market (US) is not producing sound business anymore.
But underdeveloped African cities proffered great revenues because of the ever increasing middle class.
bWhen Wal-Mart announced it was buying 51 percent of Massmart, I knew that if I was going to stay in business, Africa was where I had to go,b Barkan told Reuters.
Over 60 percent of sub-Saharan Africabs bullish economic growth is attributable to the regionbs consumer spending, according to World Bank.
The bank believes that in the next 36 months, the regionbs economy will grow by more than 5 percent, beating the global average.
Reuters quoted consulting company McKinsey as estimating that Africabs buying strength will be about $1.4 trillion in 2020. In 2008 it was $860 billion.
Many shoppers in Accra, Ghana and Addis Ababa, Ethiopia prefer to spend time at the countriesb traditional markets.
However, according to a Reuters report, these tendencies are being altered.
At Nigeriabs Shoprite Mall on Lagosb Victoria Island, high street clothes are found in elegant air-conditioned boutiques. According to Whitey Basson, Shoprite CEO, the food retailer plans to build more shops in Nigeria.
The South African food retailer is now targeting Africabs fastest-growing economies including Nigeria, Zambia, Uganda and Angola.
Shoprite currently has seven shops in Nigeria, Africabs most populous country and these shops reportedly sold more MoC+t & Chandon champagne than in South Africa in the 12 months to March this year.
Nigeriabs This Day Newspaper has reported that the thirst for champagne by wealthy Nigerians has increased demand for the drink exponentially in that country.
According to This Day, Nigeria has become one of the worldbs largest customers of the fizzy drink.
It is understood that almost all shops in the countrybs cities, including Abuja and Lagos, sell lots of champagne, with MoC+t & Chandon being the most liked brand.
bChampagne consumption in Nigeria will reach 1.1 million litres by 2017, with 2011 consumption at almost N8 billion (B#31m),b This Day reported recently, citing latest numbers from the Euromonitor International survey.
bThe report showed oil wealth, hip-hop, movie stars and an elite obsessed with status symbols as demand drivers.b

 

 

 

 

Ethiopian Airlines: Dreamliner boosted profits Ethiopian Airlines CEO credits Boeing 787 planes for contributing to profits

 

 

Symbol Price Change
BA 103.92 -1.0100

ADDIS ABABA, Ethiopia (AP) — Ethiopian Airlines has made a record profit, the company’s chief executive officer said this week

Tewolde Gebremariam partly credited the profitability of Ethiopian Airlines to Boeing’s problematic 787 planes.

He said the company’s operating profit between July 2012 and June 2013 is 2.7 billion birr ($143,137,098) from a billion birr ($53,013,740) the previous financial year.

Citing unaudited company accounts Tewolde said that the company’s net profits also surged during the period to 2.03 billion birr ($107,617,892) from 734 million birr ($39,230,167) of the previous year, a 178 percent increase.

Tewolde said the performance is a result of “exceptionally dedicated employees” and the Boeing 787 planes he described as super-efficient. He said the planes helped the company save on fuel costs.

In January, Dreamliner’s around the world were grounded because of overheating lithium batteries. Ethiopian Airlines was the first to get the plane back in the air, on April 27. In early July one of the company’s 787 planes was damaged by a fire while parked at London Heathrow airport.

The plane had been parked for about 10 hours when a worker in the control tower saw smoke coming out, and activated a crash alarm.

British air safety officials have subsequently recommended that emergency transmitters on Boeing 787s should be disabled after finding that one of the squat orange boxes was the only thing with enough power to start a fire in the scorched tail section of the 787.

Tewolde said Ethiopian Air would have been even more profitable, if it had not been for incidents involving the 787 planes.

“Definitely the incidents and grounding have some impact. We were very fortunate that coincidentally the grounding of the planes were in what we call slack season . it’s a slow demand season. So were able to minimize the level of the impact,” said Tewolde.

He insisted the Dreamliner’s are “the future of the aviation” and his company is sticking with plans to buy five more of the planes and lease three others.

“Whenever we introduce the aircraft in any route, the load factor immediately increases, which means our customers love the plane, they are enjoying its features,” Tewolde said.

He said the incidents with the Dreamliner are part of a natural teething period “which is not unusual for a technologically game- changing aircraft such as the Dreamliner.”

Ethiopian Airlines operates an all-Boeing fleet with some 1,330 weekly flights. The airline flies to 76 international and 17 domestic destinations.

 

 

 

Shoprite,Africa's biggest grocer, ramps up Africa expansion as home market slows

Shoprite (SHPJ.J), Africa’s biggest grocer, is ramping up its expansion across the continent with 47 new supermarkets as its core South African consumer base grapples with high personal debt levels and growing fuel and transport costs.

Nearly half of South Africans failed to pay back their debts for three straight months this year, promptingB banksB to tighten their lending criteria, while a weaker rand currency fuelled inflation and higher petrol prices.
“It’s tough out there,” Shoprite deputy managing director Carel Goosen said at the presentation of the company’s full-year results.
Cape Town-based Shoprite, which reported an 11 percent rise in full-year profit that fell slightly short of market expectations, said it could double its stores outside of South Africa in the next four years.
Shoprite has 153 supermarkets in 16 countries outside South Africa. Those foreign outlets registered a 28 percent jump in sales in the 12 months to the end of June, nearly three times the rate of growth in its home market during the same period.
The bulk of the new stores would be in oil-rich Nigeria and Angola. The company sees scope for 44 new outlets in Nigeria and 21 in Angola in the next three to four years, Chief Executive Whitey Basson said.
After more than two years as an investor favorite, South African retailers are fast falling out favor due to concern that high personal debt levels and reluctance amongB banksB to lend more will squeeze spending in Africa’s biggestB economy.
South AfricanB retailB sales grew by a smaller-than-expected 1.9 percent in June, data from the government statistics office showed last week. ZARET=ECI
Shares in Shoprite, which are down about 20 percent this year, gained 3.3 percent to 166.73 rand in what analysts said was a recovery from oversold levels and optimism that its Africa focus would help it ride a slowdown in consumer spending.
“In Shoprite, you have a company that’s still growing profits and payingB dividendsB even in a tough environment and the results were not that far away from the consensus,” said Reuben Bleeders, an analyst at Cape Town-based Gryphon Asset Management.
The stock is trading close to its intrinsic value, according to Thomson Reuters StarMine valuation model, which takes into account the company’s most likelyB earningsB trajectory over the next five years.
Shoprite posted an 11 percent rise in headlineB earningsB per share to 675.4 cents in the year to the end of June, a touch below the 681 cents forecast in a Reuters poll of 11 analysts.
Headline EPS, South Africa’s primary profit gauge, excludes certain one-time items.
Sales rose 12 percent to 92.7 billion rand ($9.11 billion) and the company lifted its annual dividend by the same amount to 338 cents per share.
Reuters

General Electric Upbeat On Africabs Economic Prospects

Jay Ireland
The global power utility, General Electric (GE), on Monday said it was happy to do business in Africa, particularly East Africa, as the continent was facing a firm economic surge.
Jay Ireland, the GEbs CEO, said Africabs economic growth would increase the demand for infrastructure and world class technological solutions.
bThese needs can be partially and in some instances fully met by GEbs diverse technologies, services and solutions in key sectors,b Ireland said.
bLast year, we signed a Memorandum of Understanding (MOU) agreement with Kenya to develop projects in key sectors such as power, rail, healthcare, aviation and training & capacity building to deliver on the countrybs Vision 2030 plan,b Ireland said.
He said the company had pledged to work with public and private sector stakeholders in East Africa to solve the now and future energy problems in the region.
Ireland was speaking ahead of the 15thB annual East African Power Industry Convention (EAPIC) in Nariobi taking place from 10-11 September this year. GE is the diamond sponsor of the convention.
It is believed over 500 power experts are set to grace the occasion which will tackle many problems in East Africabs power sector, including undependable electricity provision which is disturbing economic growth and the huge pressure that is being pressed on the already aged infrastructure, leading to common power black outs.
VA

Standard Bank To Open Rep Offices In Ethiopia, Ivory Coast

 

Standard Bank
Standard Bank, Africabs biggest lender by assets, is poised to open up representative offices in Ethiopia and the Ivory Coast, it announced earlier this week.
Banks first open representative offices in the targeted countries before setting up shop and opening up a branch network offering a suite of their products.
By the time Standard Bank decides to go full steam ahead and start full-suited operations in the two countries, the lender would have increased its African operations to 20. It currently has operations in 18 African countries.
Reuters reported that the lender is paying more attention to Africa because it is planning to take advantage of opportunities that will be proffered by the growing middle class in the continent.
Standard Bank has disposed of its operations in the United Kingdom, Russia and Argentina to focus on the African continent.
Reuters quoted the bankbs spokesperson as saying plans of opening representative offices in the two countries are at an early phase.
In the past couple of years, Ethiopia has been seen as having great prospects for foreign banks. This is in view of the fact that it is Africabs second most populous country.
Late last week, Standard Bank said its African operations posted a 27 percent surge in headline earnings in the six months to June this year.
Sim Tshabalala, joint group CEO, said this performance backed the companybs Africa-centred strategy.
Standard Bank said African operations posted an 18.2 percent return on equity (ROE) during the period under review.
Ben Kruger, joint group CEO, said African businesses continued to be critical to the companybs forward-looking strategy.
VA