Diagnosis
You want to translate the texts in the launchpad (folder names, linktexts and descriptions that are displayed in the portal under therelevant links).

Procedure
If you have not yet transported the launchpad, you first have to includethe texts in a workbench transport request.
This means the texts are stored as General Texts (TX) with theprefix "&V1&".
In the Easy Access menu, choose Tools -> ABAP Workbench ->Utilities -> Translation -> Short and Long Texts(SE63).
You then choose Translation -> ABAP Objects -> Long
Texts (Documentation).
You branch to the dialog box Object Type Selection.
Expand the node C6 F1 Help and double-click on TX GeneralTexts.
To select the text, enter "&V1&*" in the field ObjectName and "999999" as the Translation Area.