Tag Archives: Expansion
Mobile Connections in Sub-Saharan Africa Increase 20 Per Cent to 500 Million in 2013 and Are Expected to Increase by an Additional 50 Per Cent by 2018
Eskom generates approximately 95% of the electricity used in South Africa and approximately 45% of the electricity used in Africa. Eskom generates, transmits and distributes electricity to industrial, mining, commercial, agricultural and residential customers and redistributors. Additional power stations and major power lines are being built to meet rising electricity demand in South Africa. Eskom will continue to focus on improving and strengthening its core business of electricity generation, transmission, trading and distribution. For more information, please visit www.eskom.co.za.
Morningstar Announces Findings from Third Global Fund Investor Experience Report; United States Scores the Best and South Africa the Worst
About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individuals, financial advisors, and institutions.
ABIDJAN, Côte d’Ivoire, May 14, 2013/African Press Organization (APO)/ – IFC, a member of the World Bank Group, and The MasterCard Foundation today convened key financial industry players to build further momentum for mobile financial services in Cote d’Ivoire. The event recognized the market’s enormous potential, especially for increasing access to finance for low income households, small scale businesses and in hard-to-reach areas.
BRAZZAVILLE, Republic of the Congo, May 14, 2013/African Press Organization (APO)/ – An International Monetary Fund (IMF) mission led by Mr. Mbuyamu Matungulu visited Brazzaville during April 29–May 13, 2013, to conduct discussions for the 2013 Article IV consultations. The mission met with the Honorable Obami Itou, President of the Senate; the Honorable Koumba, Speaker of Parliament; State and Finance Minister Ondongo, Special Presidential Advisor Gokana, National Director of the BEAC Ondaye Ebauh, and other senior officials. It held discussions with development partners and representatives of the private sector, including members of the banking profession.
Chinese and African leaders will come together at the 4th International Roundtable on China-Africa Health Cooperation to explore new partnerships to address some of the most pressing health challenges facing Africa and strengthen an innovative health partnership based on south-south cooperation. This year’s roundtable is the first to take place on the African continent. It will focus on promoting sustainable health solutions that meet the needs and priorities of African countries and draw on China’s unique expertise.
City of Cape Town to share its water and sanitation vision and showcase facilities during African Utility Week
“Demand will outstrip supply by 2019”
CAPE-TOWN, South-Africa, May 9, 2013/African Press Organization (APO)/ – A high-level roundtable on Building Private Equity and Private Capital Markets in Africa, met on 8 May, to explore the promise and obstacles facing private capital investments in Africa. The roundtable of investors and policy makers met under the auspices of the Economic Commission for Africa (ECA) and the World Economic Forum on Africa to navigate the complex world of private equity, which in recent years has shown increased interest. According to the participants, this could be Africa’s next development financing frontier and could mark an end to an aid dependency.
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, our investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges. For more information, visit http://www.ifc.org.
Infrastructure, growing technology sector, proximity to Africa, Middle-East and Europe make Istanbul ideal location
The range of channels broadcasting across sub-Saharan Africa via the EUTELSAT 16A satellite further increased today with the launch of Eurochannel, the international TV channel dedicated to European films and series. Eurochannel’s selection of EUTELSAT 16A marks the latest step in its international expansion and comes three months after its launch into all Europe via Eutelsat. The channel has signed a new five-year contract for capacity and services with Eutelsat Communications (Euronext Paris: ETL) (http://www.eutelsat.com).
AMSTERDAM, Netherland, April 8, 2013/ — Gemalto (Euronext NL0000400653) (http://www.gemalto.com), the world leader in digital security, has been appointed as prime contractor and turnkey supplier to provide Ghana Immigration Services (GIS) with a highly secure electronic visa and border management solution. This initiative is part of the eGhana project, an ambitious plan with backing from the World Bank to create a modern IT infrastructure that can support the country’s sustainable development plans in the years ahead.