HiPipo Money

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Over 730 brand new episodes on CN and Boomerang in 2014

LazyTown brand new Season 4 to premiere on Boomerang

CN’s Animation Generation launches in Kenya!

26 June 2014: Today Turner Broadcasting captivated local children with its kids channels Cartoon Network and Boomerang, during the first MultiChoice Content Extravaganza in Mauritius.

The two channels are all about imagination and fun and this was experienced first-hand as superhero Sportacus from Boomerang’s LazyTown got everybody moving, encouraging children to eat healthy and exercise, while Cartoon Network’s Animation Generation inspired creativity, challenging the children to tap into their creativity by drawing exciting characters.

With a jam packed total of 405 brand new episodes for their African audience still to come between June and December, and a total of over 730 new episodes this year, Cartoon Network and Boomerang are truly offering fresh and entertaining content as part of their biggest programming line-up ever.

On Cartoon Network, DStv channel 301, viewers can look forward to warming up this winter with brand new Original Productions Uncle Grandpa, Steven Universe and Clarence; Warner Brothers’ Teen Titans Go!; DreamWorks: Dragons Defenders of Berk; and the brand new live action series Incredible Crew. Towards the summer time, from September onwards, kids can expect new episodes of hit shows such as the ever impressing Ben 10, the global hit Adventure Time and the award winning The Amazing World of Gumball. There will also be the Powerpuff Girls Mini-Movie in August for viewers to look forward to!

Included in this winter’s line-up on Boomerang, DStv channel 302, will be Steven Spielberg’s Tiny Toons, Road Runner as part of the Looney Tunes All Stars stunt, and the show that gets kids moving all over the world: LazyTown launches its fourth season this November. Among some of the brand new shows are The Tom & Jerry Show and CGI Inspector Gadget and new episodes of popular classics are set to continue entertaining new generations such as Scooby-Doo Mystery Incorporated andThe Garfield Show.

“It is another extraordinary year for Turner’s kids channels in 2014 and viewers can expect it to continue in 2015. With a mixture of new original productions and old favourites, our offer has never been stronger. Our shows are truly talent driven and thus made with passion. We look for unique and surprising stories that have great characters which feel authentic to kids and this is more apparent than ever with our upcoming slate.” says Pierre Branco Vice President Southern Europe and Africa for Turner Broadcasting System.

On another front, Cartoon Network will be launching their extremely popular drawing competition, Animation Generation in Kenya Mid-July, 2014. The campaign will target 40 000 learners in and around Nairobi and the theme will be “Ben 10 Protecting the Wildlife”. Learners will be challenged to draw a Ben 10 alien with special powers that will be able to protect and save elephants and rhinos in Kenya against poachers.

In partnership with the Britam Foundation, the initiative aims at inspiring the youth to express their thoughts on the topic of wildlife conservation through their artwork. “We believe that the youth is the present and future of the conservation message and through our initiative we would like to emphasise the importance of wildlife and encourage learners to come up with ideas on how they can be better protected. We are very excited about the launch of our initiative in Kenya!” adds Pierre Branco.

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Qalaa Holdings (CCAP.CA on the Egyptian Exchange, formerly Citadel Capital), an African leader in infrastructure and industry, and Saudi Arabia’s Construction Products Holding Company (CPC), through its subsidiary CPC Emirates, announced that they have signed today a sale and purchase agreement for the sale to CPC of 100% of Sphinx Glass.

The size of the transaction will imply an enterprise value of around US$ 180 million (EGP 1,280 million), which translates into a cash consideration of US$ 114.2 million (EGP 815 million) for 100% of the shares after deducting debt and liabilities to be assumed by CPC.The transfer of cash and shares is expected to conclude in July.

Qalaa Holdings’ 73.3% stake in Sphinx Glass will result in cash proceeds of around US$ 73 million (EGP 521 million)to Qalaa Holdings after the estimated capital gains tax.

Sphinx Glassis a 200,000-ton-per-annum, state-of-the-art float glass production facility that began full operations in April 2010 and is today one of the largest independently operated float glass producers in the MENA region. In addition to being a key player in the Egyptian market, Sphinx Glass is also a significant regional and international exporter.

The company specializes in the production of clear and tinted float glass and online coated glass in varying thicknesses. The company recorded EGP 393 million (USD 54.95) in sales in 2013and is currently on target to exceed its budget for the second consecutive year.

“Sphinx Glass was an idea born on the eve of a global recession and commissioned mere months before the start of the 25 January 2011 Revolution,” said Qalaa Holdings Co-Founder and Managing Director Hisham El-Khazindar. “Despite these headwinds, we have worked closely with management and our co-investors to create over375 new jobs and catapult Sphinx Glass into the ranks of both key national players in Egypt and leading regional and global exporters.

“We wish CPC great success in capitalizing on Sphinx Glass’s potential,” he said.

“Sphinx Glass is one of the most technologically advanced plants in Egypt with a strong management team complementing CPC’s existing portfolio of building materials and is a perfect fit with our existing industrial presence in Egypt,” said CPC Chief Operating Officer Riad Kiwan.

“This acquisition is an important step in line with our group’s international expansion strategy, enabling us to capitalize on increasing demand for building materials and glass in Egypt and Africa, where the construction industry is booming with economic progress and increasing urbanization,” he added

Under CPCownership, Sphinx Glass will remain committed to supporting its valued customers in Egypt and in export markets, Kiwan concluded.

CPC is a leading construction products company providing “Complete Building Solutions” for all construction needs. Its product offering ranges from precast, glass & aluminum, steel, ready mix concrete, electric cables, wood & gypsum works, marble & granite, adhesive, construction equipment rental, finishing, steel structures, transportation, electromechanical, renewable energy, along with logistic support to serve the building industry all under one umbrella.

From proceeds of the transaction, Qalaa Holdings and its co-investors will distribute a significant one-time exit bonus to employees of Sphinx Glass, from line staff to senior management.

Qalaa Holdings was advised on the transaction by Arab Legal Consultants acting as the Seller’s Legal Counsel and PharosInvestment Banking SAE acting as the Sell Side Advisor.CPC was advised by Helmy, Hamza & Partners and Crédit Suisse.

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Seventeen top Egyptian students to pursue graduate educations at elite universities abroad with scholarships from Citadel Capital Scholarship Foundation[1]; awards are conditional on recipients returning to Egypt to work post-graduation

The Citadel Capital Scholarship Foundation (CCSF)^*announced yesterday the names of its eighth annual class of scholars. The seventeen members of the 2014-15 class of Citadel Capital Scholars will pursue master’s-level studies at top internationaluniversities and institutes in Europe and the United States. As a condition of acceptance, the recipients of a CCSF scholarship pledge to return to Egypt to work in their chosen field following the completion of their studies.

The scholarship recipients were announced at a reception held on 23 June 2014 in the presence of theHead of Cultural Affairs and Missions Sector on behalf of the Minister of Higher Education, Egypt;the Ambassador of Kenya; the Ambassador ofMauritius; the Ambassador of Congo; theEconomic Attaché of the Netherlands; and arepresentative of the Embassy of the Republic of South Sudan. Also in attendance were representatives from AMIDEAST, CARE, and the United Nations Development Programme (UNDP), among others.

The CCSF is one of the largest private-sector-funded scholarship programs in Egypt; awards are open to scholars pursuing masters and doctoral degrees in all disciplines.

“The task of building a fair, vibrant and prosperous Egypt is a generational task, and one that is particularly relevant at this point in our nation’s history. We are honored to play a part not just by investing in these bright young men and women, but by serving as an example of how a private sector entity can help lead change,” said Ambassador Hussein El-Khazindar, Secretary General of the Board of Trusteesof the Citadel Capital Scholarship Foundation. By conditioning these awards on the scholars’ return to Egypt post-graduation, we are not just making a difference in the lives of 17 individuals, but of 17 communities.”

The CCSF was founded by Qalaa Holdings (formerly Citadel Capital), an African leader in infrastructure and industry, as a part of its commitment to sustainable education and human resource development in Egypt and across the region. The announcement of this year’s class of scholars brings to 122the number of talented young Egyptian men and women who have been granted scholarships to pursue graduate degrees.

“From nanotechnology to public policy, heritage conservation to political development, this year’s scholars are a remarkable group of talented young Egyptians who will help our nation tackle opportunities and challenges alike in the decade ahead. It is an honor to play a role in furthering their academic studies,” said Qalaa Holdings Chairman and Founder Ahmed Heikal.

Governorates represented by this year’s class include Fayoum, Alexandria and Cairo; students from 12 governorates have won CCSF Scholarships since the foundation was first endowed, studying in fields including medicine, engineering, architecture & design, telecommunications, environmental studies, molecular biology,economics, human rights, law, business, development and education. 

“We take a very wide view on what constitutes our duties as responsible investors,” said Qalaa Holdings Co-Founder and Managing Director Hisham El-Khazindar. “In that sense, we are careful to invest in education not for the direct benefit of our firm or our subsidiaries, but for the benefit of the communities in which we do business — be they major urban centers or rural areas.

“We believe across our footprint in the imperative of educational reform and funding — and that the private sector has a duty to both their nations and their shareholders to not just advocate for world-class education systems, but to also make direct contributions in any way they can,” El-Khazindar said.

In addition to supporting community-based vocational training initiatives at the subsidiary level, Qalaa Holdings has also endowed the Citadel Capital Services Center, while El-Khazindar has personally endowed the Khazindar Business Research and Case Studies Center, both at the American University in Cairo.Rift Valley Railways (RVR), the primary investment of Africa Railways, Qalaa Holdings’ subsidiary company for investment in the African railway sector, also offers training programs in management and entrepreneurship to further encourage sustainable development and private enterprise in the neighboring communities.

Recipients of Citadel Capital Scholarships have attended top international institutions including Harvard, Stanford, Duke, Wharton, Pratt, the University of Pennsylvania and Columbia universities in the United States; Oxford, Cambridge, the University of London, University College London, Imperial College Londonand the London School of Economics in the United Kingdom; Lund University in Sweden; University of Heidelberg in Germany; University of Helsinki in Finland;Ghent University in Belgium; and ESADE Business School in Spain,among other top universities and institutes. 

The 2014-15 Class of CCSF Scholars includes:

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KAMPALA, Uganda – Hard work, resilience coupled with a ‘Never say Die’ attitude finally brought a smile to pupils, parents and management of Kitante Primary School in Kampala.

For all their wits, the government aided school was rewarded with a 37-seater school bus after they emerged best in the Blue Band Schools Puzzle Challenge.

The objective of the campaign that started in December 2013 was to educate consumers and children on optimal nutrition, as well as the importance of spreading Blue Band on every slice of bread as it contains fats and vitamins that kids need to grow.

A unique 500 piece puzzle entirely devoted to nutrition was distributed to over 700 schools countrywide. Schools competed to complete the highest number of puzzles through their students collecting puzzle tokens which were made available under the label lid of special promotional packs of Blue Band for parents to purchase.  Each child was also issued with an information booklet with the brand’s call to action and nutritional information.

The National Grand Prize of a 37- seater school bus was at stake for the school that collected the most tokens and KitantePriamry School from Kampala emerged top having collected at total of 29,900 tokens.

Speaking during the handover of the bus valued at UGX 150 million, IsaacLutwama Nsubuga,theCustomer Marketing Manager at Unilever Uganda said that they are fully committed towards empowering families with knowledge to enable them make informed nutritional decisions.

“Today, we see an interesting trend where by children continuously influence their feeding habits. So by reaching out to children in a fun and engaging platform such as this, we believe that families will increasingly make informed nutrition decisions,” he said.

He added; “I would like to congratulate the management and staff of Kitante Primary School for the effort they put into this campaign. We believe this bus will ease your field trips.”

Quoting their school motto; ‘The struggle continues for the great horizons’, Mrs. Jane Ssemugoma the Head teacher, Kitante Primary School said that the efforts the parents and teachers put into the campaign enabled the school to knick the ultimate prize.

“We were well aware that we were competing against so many schools from all over Uganda. As a school, we decided to boost the campaign by injecting UGX 1 million that was used for buying Blue band for our pupils. We encouraged every pupil to participate and we are lucky that we have numbers here,” she said.

She showed her appreciation to Unilever for coming through with the promise adding that they will use the bus to enable the pupils get more exposure and knowledge through field trips.

Florence MuhumuzaKyoshabire, the Supervisor Education Services at Kampala Capital City Authority (KCCA) who represented the Executive Director,Jennifer Musisi said that Blue Band has continued to be the leading magarine because it recognizes the importance of nutrition especially amongst children.

“How many companies do we have out there? Very many. Only a few of them think of education. So that is why we thank Unilever for engaging our society by empowering our children with useful nutrition knowledge. As KCCA, we thank them for up lifting the standard of education in our city,” she said.

The Schools’ Puzzle Challenge also rewarded the top school and teachers from the four regions of Uganda with cash prizes, schools project support. The top three pupils from each region were also rewarded with cash prizes that will be used for school fees.

The Hillary Kakooza from Kitante Primary School and Ramadan Asea from Future Foundation Primary School earned the fully paid trip to United States of America after collecting the most tokens in a Blue Band promotion.

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• Entirely new look and feel for cabins on 95 short-haul aircraft
• Club Europe 2:2 configuration retained with stylish makeover
• Extra seats with low fares

British Airways has unveiled newly-designed seats and cabin interiors for its short-haul aircraft flying across its European and domestic networks from Heathrow and Gatwick.  To celebrate the airline has launched a special offer of a million seats from £39 each way, as part of a return fare.*

Fitting-out work begins this week on the first of the 95 Airbus short-haul aircraft**, installing elegant new designs that take inspiration from the airline’s most recent fleet entrants, the A380 and Boeing 787.

The elegant charcoal grey leather seats are slimmer and ergonomically designed to enable the addition of extra seats in the Euro Traveller (economy) cabin to allow more low fares.

Innovative design maximises personal space and comfort, with chair backs devised to provide more knee space for the customer behind. Customers can also make use of an eye-level seatback tablet-holder, which can also provide storage for magazines.  A four way moveable headrest provides comfort and support.  And the seat back table moves in and out to provide optimum positioning.

The new Club Europe, featuring a silver British Airways speedmarque on the front wall, will maintain its 2:2 configuration with the middle seat free. The seats will be bridged with a stylish new ‘central console’ table, providing Club customers with improved functional space. This table provides inlaid leather mats for drinks, snacks and personal devices, freeing up the main table for work or a meal. 

Contemporary LED lighting systems, inspired by the airline’s newest long-haul cabins, will include blue tones for boarding, a relaxing candlelit mood for dining and a restful gentle white for cruising and landing.

As part of its investment in short-haul for Club Europe customers, British Airways has also recently invested in significant re-designs of its domestic lounges in Belfast, Glasgow and Edinburgh.  

Keith Williams, British Airways’ executive chairman, said: “The short-haul landscape has changed enormously in recent years. To stay competitive and keep offering customers choice, great fares and great service, we are giving our cabins a radical makeover. There will be a new look, but the traditional British Airways’ comfort, elegance and value will remain.”

The new cabin is a testament to British design. The new seats are manufactured by B/E Aerospace in Kilkeel, Northern Ireland, the leather for the seat covers and pads on the ‘central console’ is supplied by Andrew Muirhead& Son Ltd in Glasgow and the decorative stitching on the Club Europe seats has been developed by Prototrim, a car seat design and dressing specialist based in Milton Keynes.

The new interiors, to be fitted across the Airbus fleet over the next 12 months, are the most dramatic of a series of changes to the airline’s short-haul flights. It has already introduced a range of new fare options including hand-baggage only, semi-flex and day returns, which are proving enormously popular with customers.  Following the success of day return fares from London, the company will today start rolling out day return fares for European travellers coming to London.

The new cabins will also deliver significant environmental benefits, saving an estimated five per cent in CO2 per passenger/km, contributing toward the airline’s target of reducing net carbon emissions by 50 per cent by 2050.

To enhance its short-haul services British Airways is in discussions with Inmarsat about leading Europe in a new era of broadband in the air. Starting with UK domestic routes they intend to roll-out Europe’s first ground-based 4G broadband network giving customers the internet access they expect on the ground while in the air.