AGENDA OF THE CEO ROUNDTABLE DINNER MEETING
HYATT REGENCY, KILIMANJARO HOTEL
March 12, 2013
1. Opening Remarks by the Chairman
2. Presentation by the Country Director of the Africa Development Bank, Dr. Tonia Kandeiro.
3. Q & A
4. AOB
5. Closing
CEO Roundtable – Tanzania
Ethical Leadership for Growth and Prosperity
Minutes of the CEOrt Meeting held at the Hyatt Regency Kilimanjaro Hotel on March 12th 2013
Attendees
1. Rajesh Sajnani
2. Nicola Colangelo
3. Enoch Osei-Safo
4. Mubita Akapelwa
5. Pauline Rupia-Boateng
6. Haruna Masebu
7. Rosemary Harry
8. Patrick E. Ngowi
9. Lau Masha
10. Ali Mufuruki
11. Fredrick Aryteey
12. Mohammed Dewji
13. Nehemiah Mchechu
14. Eng. Emmanuel Taseni
15. Mark Weissing
16. Murtaza Versi
17. Sridhar Krishnan
18. Victoria Chale
19. Robert Singu
20. Leonard Mususa
21. Dipak Vassa
22. Arnold Kilewo
23. Bobby Ruprai
24. Moustafa H. Khataw
25. Bhakti Shah
26. Gratian B. Nshekanabo
27. Jayesh Shah
28. Majd Abdo
29. Amb. Ami Mpungwe
30. Anthony Grant
Apologies
1. Hamish Hamilton
2. Francoise Merwe
3. Martha Yeronimo
4. Pal Oystein Stormorken
5. Liz Lloyd
6. Adam H. Fuller
7. Kihara Maina
8. Derek Hudson
9. Russell Stuart
10. Imran Karmli
11. Yogesh Manek
12. Don McLeod
13. Steve Gannon
14. Christopher Ford
15. Seif A Seif
16. Erik Westerberg
17. Robim Goetzsche
18. Hussein Ladha
19. Shaffin Jamal
20. Daniel Addo
21. Catherine Langreney
22. Diego Gutierrez
23. Julius Magabe
24. Leopold Rweyemamu
25. Bashir Awale
26. Dr. Alex Nguluma
27. Mahumt A. Tenkintas
28. Janson Huang
Absent Without Apologies
1. Pankaj Kumarour
2. Joseph Sheffu
3. Jacqui Bothma
4. Trevor Saldanha
5. Massimo Tognetti
6. Said Shamo
7. Sabasaba K. Moshingi
8. Pascal Lesoinne
9. Nurumohmmed Hussein
10. Basil Gadzios
11. Parish Patel
12. Eshak Harunani
13. Gary Davies
14. Jitesh Ladwa
15. Norman Moyo
16. Joyce Mhaville
17. Patrick Karimi
18. Tido Mhando
19. Shabir Abji
20. Paul Zephania
21. Williiam Chiume
22. Gaudence Temu
23. Neville Bissett
24. Mohammed Rweyemamu
25. Rene Meza
26. Richard Bell
In Attendance
1. Dr. Tonia Kandeiro Country Director, Afdb
2. Jacqueline Karanja Country Manager, Tell-Em Public Relations Tanzania Ltd.
3. Nesiya Hawanga Tell-Em Public Relations Tanzania Ltd.
4. Drake Mugabi Opennix
5. Nancy Lazaro Enigma Productions, Secretariat
MINUTES
1. OPENING
The meeting was opened at 19:35 by the Chairman Mr. Ali Mufuruki.
All present were warmly welcomed and the following newly joined members were introduced to the group:
1. Ms Bhakti Shah, Soft Tech Consultants Ltd.
2. Mr. Patrick Ngowi, Helvetic Solar Contractors Ltd.
The Chairman introduced the Guest Speaker of the evening, Ms. TONIA KANDEIRO, Country Director of Afdb and also reminded the members of the upcoming Guest Speakers:
· April 9th Dr. Slaa, Secretary General of Chadema
· May 14th Mr. Abdulrahman Kinana, Secretary General of CCM
They both will be speaking on the PPP (Public- Private- Partnership) policy; what works and what doesn't as well as how the policy environment can be improved through legislative initiatives and other policy interventions.
2. PRESENTATION BY THE COUNTRY DIRECTOR OF AfDB, Dr. Tonia Kandeiro
Dr. Tonia Kandeiro commenced her presentation with a short Video which gave an overview of the African Development Bank (Afdb) and where its focus lies.
This was followed by a presentation; see presentation attached.
She highlighted Afdb’s two lending windows; the Sovereign Guaranteed Operations (public sector projects through governments at concessionary terms) and the Non sovereign guaranteed operations (private sector projects at commercial terms).
The two categories comprised in the Private Sector are as follows:
• Non-sovereign guaranteed (NSG) lending activities (assistance to private entities) in the area of Financial Intermediation, Industries & Services, PPPs & Infrastructure, and Microfinance;
• Non-lending activities include studies, initiatives and new programs
For the Private Sector, four critical impact dimensions had to be measured before lending could occur; Strategic Alignment, Commercial Viability, Development Outcomes and Additionality and Complementarity which is the Bank’s “value added” and synergy with the effort of other development partners.
Other variables in question include the following:
· An enterprise/project must be located and incorporated in the Regional Member Countries (RMCs) of the Bank, whether promoted by African or non-African investors.
· An enterprise/project must be majority owned (51% +) by private sector investors, or publicly owned with strong financial standing and proven managerial autonomy
· Projects for the establishment, expansion, diversification and modernization of productive enterprises
· Maximum investment of 1/3 of total project cost is required.
AfDB’s Private Sector coverage includes Power, Transport, ICT, Oil and Gas, Mining, Manufacturing, Agribusiness, Hospitality, Health and Education and the Financial Sector.
She concluded her presentation by stating that that there are huge opportunities for profitable investments in Africa and African Development Bank is a partner that can help investors/project sponsors to achieve business success and ensure sustainable and equitable development.
For a more clarity refer to the attached presentation.
The AFDB website is as follows: www.afdb.org/privatesector
3. Q & A
Dr. Tonia shared with the members that the Private Sector projects currently in their portfolio were only 2; Access Bank (Equity) and CRDB (Guarantor).
Her hope was that this engagement with the CEO Roundtable would bring awareness about the opportunities Afdb has on offer and hence breed new dialogue that will potentially lead to new private sector initiatives.
Afdb is heavily invested in Tanzania’s road construction;
· Part of the North- South Corridor; Dodoma –Babati Road
· The Mtwara Corridor; Tunduru- Mangaka Road
· Improvement of the Arusha to Namanga road; an interconnection with Kenya
Again, this breakdown highlights the fact that Afdb needs to consider investment in more Private Sector inclined projects.
Post dinner meeting, Dr. Tonia Kandeiro would be reaching out to select members from the CEOrt to continue the dialogue and better understand the Private Sector needs and forge a clear and efficient way forward. A
Afdb is ready and willing to transform and walk down the road of change.
Contact details for Dr. Tonia Kandiero are as follows:
· Tel: 2125286
· Email:
4. AOB
The Chairman introduced Jacqueline Karanja, Country Manger of Tell-Em Public Relations Tanzania Ltd. to the members.
Her company will be taking over the CEOrt Secretariat duties effective April 1ST, 2013 from Enigma Productions.
The Chairman thanked Enigma Productions for their 7 years of service. He welcomed Pauline Rupia-Boateng, MD of Enigma Productions to the group; as of January 2013, she has become a full fledged member of the CEOrt.
5. CLOSING
There being no other business to transact, the meeting was closed at 21:30 Hours.