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TeleCommunication Systems Technology Experts to Discuss International Trade Issues at the Maryland/DC Celebration of International Trade 2013

Posted on 17 May 2013 by Africa Business

 

About TeleCommunication Systems, Inc.
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) is a world leader in highly reliable and secure mobile communication technology. TCS infrastructure forms the foundation for market leading solutions in E9-1-1, text messaging, commercial location and deployable wireless communications. TCS is at the forefront of new mobile cloud computing services providing wireless applications for navigation, hyper-local search, asset tracking, social applications and telematics. Millions of consumers around the world use TCS wireless apps as a fundamental part of their daily lives. Government agencies utilize TCS’ cyber security expertise, professional services, and highly secure deployable satellite solutions for mission-critical communications. Headquartered in Annapolis, MD, TCS maintains technical, service and sales offices around the world.

 

ANNAPOLIS, Md., May 17, 2013 /PRNewswire/ – TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that TCS Fellow John Linwood Griffin and TCS Senior Customer Executive Victor Hernandez will be participating in panel discussions as part of the Maryland/DC Celebration of International Trade 2013 on Tuesday, May 21 at the Maritime Institute Conference Center in Linthicum, MD. Attendees will experience in-depth discussions with expert-level export executives, leaders, practitioners and government leaders.

  • “Threat Considerations and Risk Mitigation When Doing Business Internationally,” Tuesday, May 21, 8:30 a.m.10:00 a.m.

 

TCS Fellow Dr. John Linwood Griffin will discuss the risk associated with conducting business internationally from a technical security perspective. Risk itself often represents an opportunity – when you understand and interpret technical risks in the context of your business objectives, you are able to make more efficient and competitive decisions. The panelists will engage in a lively early-morning discussion on how to keep risk from always leading to the answer, “no.”

Dr. John Linwood Griffin leads research and engineering programs on computer and communications security at TCS. He has written and taught academic and industrial courses on computer storage, security and networking and has co-authored refereed conference, journal and workshop papers. Among the honors, grants and awards he has received include an invitation to participate in the U.S./Japan Experts’ Workshop on Critical Information Infrastructure Protection, an Intel Foundation Ph.D. Fellowship and a National Science Foundation Graduate Research Fellowship.

  • “Selling into Emerging Markets – Africa, Middle East and Latin America Explored,” Tuesday, May 21, 10:00 a.m.11:30 a.m.

 

TCS Senior Customer Executive Victor Hernandez will explore the nuances of conducting business in the emerging market of Latin America through the lens of several case studies. In addition, the ability to leverage government resources that are available to ease entrance into new markets from the Departments of Commerce and State will also be addressed by other panelists.

Victor Hernandez is responsible for promoting TCS’ products and services portfolio in the Caribbean and Latin American regions. He has more than 23 years of experience in the Latin American wireless industry and has worked with some of the wireless industry’s biggest names, helping them bridge the business gap between the Caribbean, Latin America and North America.

To learn more about emerging and innovative wireless technologies, visit www.telecomsys.com.

 

SOURCE TeleCommunication Systems, Inc.

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China and Russia commit to World Energy Congress

Posted on 14 May 2013 by Africa Business

“Most important energy event in the world this year”

SEOUL – May 14, 2013: The Chinese and Russian governments have committed to sending high-level delegations to the World Energy Congress in South Korea in October, organizers said.

The Organizing Committee for the 2013 World Energy Congress said it had been notified that China’s National Energy Administration (NEA) would send a ministerial-level delegation to the event and that the government body had advised Chinese energy companies of its plan to attend.

The Chinese delegation will be one of the largest to the Congress, which will host up to 5,000 delegates from around the world, organizers said.

The Committee further announced that Alexander Novak, the Minister of Energy of the Russian Federation, would lead a delegation that will include the Russian ministries of Natural Resources and Environment, and of Foreign Affairs, as well as Gazprom, Transneft, Rosneft, RusHydro, the State Atomic Energy Corporation and other major energy companies.

The Russian delegation is planning a “Russia Day” event at the Congress.

The World Energy Congress is the world’s premier energy gathering and will take place on 13–17 October in the city of Daegu.

More than 200 prominent speakers, including energy ministers, industry CEOs and top experts and researchers, will answer the most pressing questions facing the global energy industry today

Under the theme of ‘Securing Tomorrow’s Energy Today’, topics range from the future prospects of the oil & gas, coal, nuclear, and renewables sectors to the tough policy decisions needed to balance the often conflicting priorities of energy security, universal access to affordable energy, and environmental protection. Delegates will also be given insights into how finance and innovation are shaping our energy future.

“We are delighted with the decision by the governmental and industry leaders in China and Russia,” said Dr. Christoph Frei, Secretary General of the London-based World Energy Council, which hosts the triennial event. “Having just been in China and Russia I know that this high level participation in the Congress will provide a fascinating overview of the opportunities and challenges of our energy world in transition. Such engagement by the world’s biggest players is crucial for a meaningful event.”

“Both countries are in the centre of many critical energy developments. We want to understand, within the global energy transformation, whether there is a refocus of ambition within the respective governments,” he said.

“We look forward to hearing more about developments in Russia and the energy challenges and opportunities in China at the World Energy Congress in October,” said Cho Hwan-eik, Chair of the Organising Committee of the 2013 World Energy Congress.

He added: “This will be the first time in the 90-year history of the event that China will have participated in such a significant way. For both the Chinese and Russians now to commit to the Daegu event underscores the fact that the Congress is the most important event on the global energy calendar this year.”

The Organising Committee also confirmed that a number of other governments are currently planning significant activity for the Congress. Mr. Cho added, “The discussions we are having with many governments at this early stage in our planning only serve to highlight the importance of this global event being staged in the heart of Asia at a time of significant transition in the energy sector.”

Media Enquiries:

Organizing Committee, World Energy Congress

Inang Park

Tel: +82 (2) 739 7016

M: 010 3213 7465

Email: inang.park@insightcomms.com

John Burton

Tel: +82 (2) 739 7045

M: +82 (0)10 2437 6265

Email: john.burton@insightcomms.com

World Energy Congress – international

Seán Galvin

Tel: +44 (0)20 7269 7133

M: +44 (0)7788 568 245

Email: sean.galvin@fticonsulting.com

World Energy Council

Monique Tsang

Tel: +44 (0)20 3214 0616

Email: tsang@worldenergy.org

About the World Energy Congress

The World Energy Congress is the world’s premier energy gathering. The triennial World Energy Congress has gained recognition since the first event in 1923 as the premier global forum for leaders and thinkers to debate solutions to energy issues. In addition to the discussions, the event provides an opportunity for executives to display their technologies and explore business opportunities. With the upcoming Congress in Daegu the event will have been held in 20 major cities around the world since its founding.

Further details at www.daegu2013.kr and @WECongress

About the World Energy Council (WEC)

The World Energy Council (WEC) is the principal impartial network of leaders and practitioners promoting an affordable, stable and environmentally sensitive energy system for the greatest benefit of all. Formed in 1923, WEC is the UN-accredited global energy body, representing the entire energy spectrum, with more than 3000 member organisations located in over 90 countries and drawn from governments, private and state corporations, academia, NGOs and energy related stakeholders. WEC informs global, regional and national energy strategies by hosting high-level events, publishing authoritative studies, and working through its extensive member network to facilitate the world’s energy policy dialogue.

Further details at www.worldenergy.org and @WECouncil

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WORLD ENERGY CONGRESS UNVEILS PROGRAM THEMES

Posted on 14 May 2013 by Africa Business

Ministers, CEOs and experts to address full range of energy issues

LONDON &SEOUL– 14th May 2013: The 2013 World Energy Congress Organizing Committee announced today some of the significant program topics that will be discussed by leading figures in the energy sector at the world’s premier energy event, to be held in Daegu, South Korea from October 13 to 17, 2013.

Under the theme of ‘Securing Tomorrow’s Energy Today’, topics range from the future prospects of the oil & gas, coal, nuclear, and renewables sectors to the tough policy decisions needed to balance the often conflicting priorities of energy security, universal access to affordable energy, and environmental protection. Delegates will also be given insights into how finance and innovation are shaping our energy future.

“The Congress will provide a fascinating overview of the opportunities and challenges of our energy world in transition,” said Dr. Christoph Frei, Secretary General of the World Energy Council. “The issues to be highlighted will be addressed from a number of viewpoints, encompassing the perspectives of individual energy sectors and geographical regions, as well as providing a strategic overview of global energy trends.”

More than 200 prominent speakers, including energy ministers, industry CEOs and top experts and researchers, will answer the most pressing questions facing the global energy industry today, such as:

· Oil: Will state oil companies and independents come to dominate the industry?

· Gas: Will shale gas be a game changer in redrawing the global energy map or is it just a bubble?

· Coal: Can demand for coal overcome environmental concerns?

· Renewables: Is the honeymoon over?

· Nuclear: Can effective international governance rules keep alive the nuclear renaissance?

· Hydro: Has its time finally come?

· Biofuels: What are the critical success factors for sustainable projects?

· Utilities: Will new business models succeed in promoting decentralization?

· Energy access: Is it achievable against the competing demands for water and food?

· Energy security: What are the next big energy sources?

· Environment mitigation: Are green growth and rapid economic growth compatible?

· Energy efficiency: Are yesterday’s cities fit for tomorrow’s energy?

· Finance: Is development finance delivering inclusive green growth?

· Energy innovation: Is venture capital more important than government support?

· Asia: Can the region become a showcase for green growth?

· Eurasia: Can it achieve partnerships to unlock its full energy potential?

· Middle East: Will it balance the needs of energy exports, local energy growth and job creation?

· Latin America: Blessed with resources, but overwhelmed by choice?

· Europe: Can it achieve effective energy market integration?

· Africa: Is there an energy infrastructure road map?

“The program at the 22nd World Energy Congress captures the full range and complexity of today’s energy challenges,” said Cho Hwan-eik, chair of the Organizing Committee of the 2013 World Energy Congress. “The Congress offers an impressive and unmatched list of speakers to provide insights on how these challenges can be addressed and overcome.”

Specific sessions and speakers will be announced shortly.

For further information, registration and other details, please log on to www.daegu2013.kr

Media Enquiries:

World Energy Congress – international

Seán Galvin

Tel: +44 (0)20 7269 7133

M: +44 (0)7788 568 245

Email: sean.galvin@fticonsulting.com

World Energy Council

Monique Tsang

Tel: +44 (0)20 3214 0616

Email: tsang@worldenergy.org

About the World Energy Congress

The World Energy Congress is the world’s premier energy gathering. The triennial World Energy Congress has gained recognition since the first event in 1923 as the premier global forum for leaders and thinkers to debate solutions to energy issues. In addition to the discussions, the event provides an opportunity for executives to display their technologies and explore business opportunities. With the upcoming Congress in Daegu the event will have been held in 20 major cities around the world since its founding.

Further details at www.daegu2013.kr and @WECongress

About the World Energy Council (WEC)

The World Energy Council (WEC) is the principal impartial network of leaders and practitioners promoting an affordable, stable and environmentally sensitive energy system for the greatest benefit of all. Formed in 1923, WEC is the UN-accredited global energy body, representing the entire energy spectrum, with more than 3000 member organisations located in over 90 countries and drawn from governments, private and state corporations, academia, NGOs and energy related stakeholders. WEC informs global, regional and national energy strategies by hosting high-level events, publishing authoritative studies, and working through its extensive member network to facilitate the world’s energy policy dialogue.

Further details at www.worldenergy.org and @WECouncil

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Mobile Technologies to Fast Track Financial Transactions for the Unbanked in Asia

Posted on 14 May 2013 by Africa Business

4th Annual Summit on Mobile Payments & Banking Greater Mekong/ Emerging Markets will be taking place in Phnom Penh, Cambodia from 12-13 June 2013.

Singapore, Singapore –(PR.com)– 1. Mobile technology is fast becoming the first choice for many consumers to access financial services especially among the economies of the unbanked population. At the 4th Annual Summit on Mobile Payments & Banking Greater Mekong/ Emerging Markets which will be taking place in Phnom Penh in Cambodia on 12 – 13 June 2013, key industry stakeholders from the financial institutions, mobile operators and solution providers will congregate to discuss the latest developments in mobile payments in the growing affluent economies of South East Asia, South Asia, East Asia, Central Asia, Eurasia, Middle East and Oceania.

2. This year summit’s will have a special focus on emerging economies of Fiji, Indonesia, Philippines, Sri Lanka, Cambodia, Vietnam, Laos and Myanmar. Key issues include an assessment of the growing opportunities in the region, success stories on how to design, establish and operationalize mobile payments solutions, evaluation of the various technology and challenges, discussion on IT strategies to drive revenue opportunities, cost efficiencies and the future transformation of the customer retail banking experience.

3. Companies expected to speak at the summit include: National Bank of Cambodia, Department of Finance, (Philippines), VeriFone, Rural Bankers Association of the Philippines, Quezon Capital Rural Bank, Hattha Kaksekar, ACLEDA Bank Plc, Viettel Telecom, Globe Telecom Inc / G-Xchange Inc, BICS Asia, Maybank, Chunghwa Telecom, Western Union, Standard Chartered Bank, Alpha Payments Cloud, Bank Mandiri, Etisalat, ControlCase, EPIC Lanka Group, Ayeryarwady Bank, Vodafone, FINTEL Fiji, Bank of the Lao PDR, Bank of Ayudhya and more.

4. EPIC Lanka Group, a world class software solutions provider in its core technology areas of Secure Electronic Payments and Information Systems Security is the summit’s Associate Sponsor.

5. Exhibitors at the summit include SecureMetric, the fastest growing digital security technology company and ControlCase, a United States based company with headquarters in McLean, Virginia and PCI center of excellence in Mumbai, India.

6. The CEO of the conference organizing company, Magenta Global Pte Ltd, Singapore, Ms Maggie Tan, said: “A new report from Juniper Research finds that over 1 billion phone users will have made use of their mobile devices for banking purposes by the end of 2017, compared to just over 590 million this year. The emerging economies in this region are likely to see a huge increase in mobile subscribers who are mostly unbanked. Banks must implement at least one mobile banking offering either via messaging, mobile browser or an- app based service. Some banks are already doing so with larger banks deploying two or more of these technologies. This Summit has been specially convened to take the industry forward.” She invites all telco operators, financial institutions and technology service providers to join this Summit and contribute to the greater development of the banking and financial services sector in this region.

7. The event will be held at the NagaWorld Hotel.

Notes for Editor

About Magenta Global – Organizer

Magenta Global Pte Ltd is a premier independent business media company that provides pragmatic and relevant information to government & business executives and professionals worldwide. The organization provides the opportunity to share thought-provoking insights, exchange ideas on the latest industry trends and technological developments with thought leaders and business peers. With a strong focus in emerging economies especially in Africa, Middle East & Central Asia, Magenta Global works in partnership with both the public and private sectors.

About EPIC Lanka Group – Associate Sponsor

Established in 1998, Epic is a trendsetter and renowned for innovative software solutions in the region. The company has successfully implemented pioneering mobile banking solutions in Sri Lanka, Malaysia and several other countries winning an unprecedented number of national and international accolades in the recent past including APICTA Gold Award for Asia pacific’s best banking solution. Time and again Epic has proved their technological dominance, product supremacy and entrepreneurial excellence at Asia Pacific level.

About SecureMetric – Exhibitor

SecureMetric is one of the fastest growing digital security technology company. Our products and solutions have been successfully shipped and implemented in more than 35 countries worldwide. As a multinational company, SecureMetric’s technical team consist of top security experts from China, Indonesia, Malaysia, Middle East, Philippines, Singapore, Vietnam and United Kingdom. Cross region and cross culture exposure has made SecureMetric a company that is always ahead. With our innovative products and services, we are poised to help our customers to be the best in their industry.

About ControlCase – Exhibitor

ControlCase provide solutions that address all aspects of IT-GRCM (Governance, Risk Management and Compliance Management). ControlCase is pioneer and largest provider of Managed Compliance Services and Compliance as a Service and a leading provider of Payment Card Industry related compliance services globally.
Magenta Global
Merilynn Choo
65 6391 2549
Contact

http://www.magenta-global.com.sg/GreaterMekongMobilePayments2013/

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LICEX 2013 Launched Sustainable development and investment opportunities in Lebanon’s infrastructure

Posted on 14 May 2013 by Africa Business

May 2013 – The Lebanon Infrastructure Conference and Exhibition (LICEX 2013) is taking place in the prestigious Hilton Habtoor Grand Hotel, Beirut on 10 and 11 October 2013 with the support of the Secretariat General of the Higher Council for Privatisation.

Organized by Global Events Partners Ltd (GEP) from the UK and Lebanon’s Planners and Partners S.A.L., LICEX 2013 is also supported by the UK Department of Trade and Industry, the Brazilian Chambers of Commerce and other international and local organizations.

‘’LICEX 2013 will feature an exhibition and conference bringing together the infrastructure community in Lebanon,’’ said Paul Gilbert from the GEP. ‘’Participants will have the opportunity to hear from industry experts about the latest planned infrastructure projects and to discuss the vast investment opportunities available in the country. They will have also a chance to hear from international experts about the latest on the Public Private Partnership.”

“There are a lot of new business opportunities to develop in Lebanon, particularly through possible contracts in the sectors of telecommunications, public transport, power and water management,” explained Dory Renno from Planners and Partners.

Gilbert explained that “LICEX 2013 will open the door for companies to introduce their latest products and services and to position themselves as leaders in their field to develop new business in Lebanon and to take advantage of the infrastructure contracts on offer.”

LICEX 2013 will attract exhibitors and visitors from across the infrastructure supply chain; EPC contractors, Government departments and companies from the following sectors: Construction, Technology, Regulators, Banks, Legal, Consultants, Telecommunications, Electricity, Transportation and Water and Power.

Despite the political instability all around the Middle East, Lebanon has kept a stable economy with a great potential for growth in the future. The constantly increasing interest in the country as a leading tourist destination, along with the emerging oil and gas sector offshore, are just two of many drivers for such an expected growth.

“The timing of the event is excellent,” said Renno, “it coincides with the increased interest and talk about the much-needed partnership between the private and public sectors in Lebanon.” A new PPP law is being prepared within the Lebanese Government, and could be approved at any time.

The programme of LICEX 2013 conference is being developed by government and industry partners. Conference will focus on the following main topics which will be structured in two or three days:

1- The investment climate in Lebanon particularly in infrastructure projects

2- The concept of PPP and its application in Lebanon

3- Presentations by a leading government ministries on their available projects

4- Leading local governments and the projects they have on offer

Speakers will include a large number of high-ranking government officials from involved ministries and governmental organizations, as well as representatives of leading infrastructure companies in Lebanon and internationally.

LICEX 2013 is being developed by the organisers of the Lebanon International Oil and Gas Summit (LIOG) which was held in December 2012 under the patronage of the Ministry of Energy and Water and in collaboration with the Ministry of Finance. It attracted over 330 delegates and 35 speakers from 23 countries representing 150 local and international companies and organizations, including major international oil companies (IOCs).

LICEX 2013 is the next step in the partnership between the UK based Global Event Partners Ltd and their local Lebanese partner company Planners and Partners SAL. Both companies are committed to holding the leading industry events in Beirut, with a strong commitment to Lebanon and its business climate.

To learn more about the event, how to participate and other details on the programme, participating delegates, speakers and sponsors, please visit: www.lebanoninfrastructure.com

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Ten African Government Ministers confirm attendance at the 15th Africa Energy Forum 2013: the international forum for Africa’s power sector

Posted on 14 May 2013 by Africa Business

A recent report from the World Bank indicated that the GDP of a third of African countries grew by at least 6% last year, despite the estimate that power outages cost African economies, on average, about 2% pa of their GDP.

African Ministers, heads of utilities and international energy companies will address this and other pressing issues concerning Africa’s power sector at the Africa Energy Forum in Barcelona 18-20 June. Over 800 delegates are expected to attend this international investment Forum for Africa’s power industry.

Bruno Cockburn, AEF’s Programme Development Director, commented; ‘We are delighted that Libya’s Ministry of Electricity & Renewable Energy, the General Electricity Company of Libya (GECOL), Peter Kieran, Chief Executive Officer of CPCS Transcom and other experts will be participating at the Libya Spotlight session at AEF 2013 and offer an in-depth analysis of Libya’s power sector.’

The latest government official to confirm his attendance at the Africa Energy Forum 2013 is the Democratic Republic of Congo’s Minister of Hydro Resources & Electricity, Bruno Kapandji Kalala. He will join Ministers from Botswana, Burkina Faso, Egypt, Ethiopia, Ghana, Libya, Mauritania, Namibia, Rwanda, South Africa and Tunisia in Barcelona, 18 -20 June.

To view the full list of speakers please visit

http://africa-energy-forum.com/#tab-countryParticipants

Event dates:

Pre-conference workshops: 18th June 2013

Conference & Exhibition: 18-20th June 2013

Website: www.africa-energy-forum.com

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FOREX industry celebrates the JFEX 2013 awards winners

Posted on 13 May 2013 by Africa Business

Jordan, Amman, May 13th, 2013: JFEX awards, the most prestigious professional awards in the region announced on Monday honoring the best brokers and services providers in the FOREX industry. The 8th Annual JFEX Awards is celebrating the contributions to continue to develop the FOREX industry and reach achievements with great heights that will inspire the investors to pursue the many opportunities available in the industry.

It has been announced as the winners of the eight annual JFEX Awards, honored for their contributions to continue to develop the FOREX industry and reach achievements with great heights that will inspire the investors to pursue the many opportunities available in the industry.

JFEX’s mission, “Together, improve and adapt to the changing needs of the market.” recognizes that We need to keep pace with these rapid changes, we have to manage change so that we can still make a difference. and the awards, set up in 2013, aim to celebrate the hard work and dedication of the companies.

All winners were originally nominated by Filling the Award application , while the prestigious judging panel, who put experience and recognizes the winners in their categories.

Mr. Khaldoun Nusair, AFAQ GROUP chairman , said: “AFAQ GROUP is delighted to host these JFEX Awards to help highlighting the Obtaining of the qualifications, especially on this time basis it`s considered a huge accomplishment , improve and adapt to the changing needs of the market. And this evening, we have seen some of the best examples, from professionals and specialists, as to how this should be done.”

The JFEX Winners:

· FXSTREET: Best FOREX Forecast and Strategy Provider

FXStreet produces well-designed forecast strategy plans need to be desired outputs to required inputs) and provides the traders with market consulting and strategic forecasting supporting by strategic analysis service to emphasis analyzing and risk management.

· AFBFX: Most Innovative ECN Broker

AFBFX as ECN broker became the best who consolidates bank quotes and provides their clients the best bids and offers available. Providing their clients with FOREX scalping opportunities similar how it was originally done by floor traders.

· NOORCM: Most Transparent FOREX Broker

NoorCM is a service provider of Al Shams Investment one of the most respected Investment and financial companies in the region.  NoorCM offers their clients the best conditions, transparency and high level services that exceed all expectations.

· Money Experts : Best Educational FOREX Website

Money experts became the leader in day trading educational systems and strategies by providing online outstanding resources for quality articles, videos, news, analysis and opinions about the FOREX.

· ICM Capital : Fastest Growing Online FOREX Broker

ICM Capital is well-positioned to continue the company’s growth in MENA and is committed to be a dynamic and to provides their services and products in an efficient and innovative manner consistent with the needs of their client.

· FXCM: Best Retail FOREX Provider

FXCM, the best retail broker, who provides easy method to open an account with reasonable leverage, and their clients can demo trade with no limits on its platform until they learn.

· Banc De Binary: Best Binary options Broker in MENA

Banc De Binary , a top-notch binary options broker throughout MENA region and the world, provides traders with the opportunity to test out the platform and to gain trading skills that they can use to have a long, profitable binary options trading experience.

· ADS SECURITIES: Most trusted FOREX Broker

ADS SECURITIES the first and the only FOREX broker is regulated by Central Bank of the UAE. ADS SECURITIES became genuine Middle East brokerage, and it`s the most reliable FOREX broker provides  regional services are designed for use by Middle East customers and the high capitalization of the company means that they can invest in new technology and services.

· FXDD: Best Islamic FOREX Broker

FXDD, the leading Islamic FOREX broker, who strives to always respect the requirements of the Islamic Sharia, the moral code and religious law of Islam.

· DGCX :Best Middle East FX Exchange

DGCX commenced trading in November 2005 as the regions first commodity derivatives exchange and has become today, the leading derivatives exchange in the Middle East. DGCX offers huge advantages to existing participants in physical commodities markets in the region previously unable to hedge their price exposures as well as opportunities to the region’s burgeoning investment community.

· AFB: Best White Label Solution Provider

Arab Financial Brokers (AFB), the closed shareholding corporation registered under the Kuwait commercial law. AFB provides White Label program for individuals and institutions that want to establish a brand name and a presence in the FOREX industry. AFB white label partner are provided with a platform that reflects the partner brand or logo. AFB has been continued dedication to offer global benchmark White Label solutions.

· Activtrades: Best FOREX Customer Services

ActivTrades offers the security and peace of mind of insuring its clients’ funds above the threshold provided by the (FSCS) by providing insurance policy underwritten by Lloyd’s of London. Clients of ActivTrades are individually covered up to £500,000 as Excess of FSCS Insurance.

· FxSolutions: Best Affiliate Program

FxSolutions has the Best Affiliate Program to work with and promote offering the best tools, commissions and overall offerings. FxSolutions ` Affiliate Program has become increasingly popular and as a result there’s a lot more in way of their clients.

· Fxstat: Best Social Trading Networks

FXSTAT has become one of the largest social trading networks. It now serves as an Autotrading (copy trade) service provider as well as a FOREX social network platform to aid traders in their trading. FXSTAT autotrading platform is the image of its innovative approach to technology.

· Market Trader Academy: Best educational trading academy

Market Trader Academy serves their students by offering the best in financial education . Market Trader Academy has been committed to teaching the skills needed to trade with the confidence of the pros using risk management and technical analysis strategies.

The JFEX 2013 Honorees:

· PalFX: JFEX 2013 advisory

The high profile information and consultation services providers in the region, made its contribution to the conference and the award by providing high skills of consultation to JFEX 2013, also sharing its experience in the JFEX Award judging panel.

· Banc De Binary: Most Innovative Stand

· Optimized sense: Participant

· FXBORSSA: Participant

· FX Arabia: Participant

· Bareed Wared: Participant

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L’Afrique peut adopter des pratiques minières responsables conformes à la Vision africaine du régime minier (VAM)

Posted on 13 May 2013 by Africa Business

LE CAP, Afrique du Sud, 13 mai 2013/African Press Organization (APO)/ Les principaux acteurs du secteur minier participant à une réunion de partenariat de l’industrie extractive et de l’industrie des métaux, organisée par le Forum économique mondial et la Commission économique pour l’Afrique (CEA), ont mis en évidence que la fenêtre d’opportunités offerte par la hausse des prix des produits de base doit correspondre à une augmentation des revenus pour les gouvernements africains dans une égale mesure. La réunion qui a eu lieu le 8 mai avait pour but d’examiner comment la Vision africaine du régime minier et son objectif de faciliter l’exploitation transparente, équitable et optimale des ressources minérales pour soutenir une croissance durable à large assise et le développement socio-économique peuvent se traduire en visions minières nationales, élaborées à partir d’un processus totalement transparent et inclusif.

Alors que l’indice des prix des métaux précieux et des minerais de base a augmenté de plus de 200% ces dix dernières années, les dirigeants de l’industrie et les décideurs politiques qui sont ici conviennent que la contribution actuelle des ressources minéralesau développement économique de l’Afrique n’est pas proportionnelle. Soulignant la nécessité de l’enrichissement et de l’ajout de valeur ainsi que l’instauration de liens dans la chaîne de valeur des minéraux, le Secrétaire exécutif de la CEA, Carlos Lopes a dit : « Les ressources minérales doivent contribuer à la transformation structurelle – nous devons voir un secteur manufacturier fort se développer en Afrique ».

Selon les experts de l’industrie, le Canada, l’Australie et le Chili ont utilisé le secteur des minerais pour leur transformation industrielle et leur PIB a fortement augmentégrâce à la contribution de l’industrie manufacturière. “Les produits de basen’ont pas été une malédiction mais plutôt une bénédiction pour ces pays – la base de ressources minérales diversifiées et riches peut faire la même chose pour l’Afrique», note Lopes.

Une approche continentale qui oriente les minerais de l’Afrique sur le chemin du profit pour le développement est déjà en place. «Dans le cadre du partenariat tripartite entre l’Union africaine, la Banque africaine de développement et laCEA, le Centre africain de développement minier (CADM) a été mis en place pour aider les États membres de l’Union africaine à parvenir à un développement social et économique à grande échelle basée sur les richesses minérales de l’Afrique, comme prévu dans la « Vision africaine du régime minier », disent les hauts fonctionnaires de la CEA. Le Centre vise à créer un espace institutionnel et politique pour établir d’importants liens sociaux et économiques et faciliter ainsi un processus d’industrialisation tiré par les ressources minérales.

Comme l’ont souligné les participants ici, les risques évoluent en Afrique en raison d’une plus grande stabilité macro-économique et politique dans la plupart des pays, ce qui offre des possibilités d’investissement dans la géologie très prometteuse du continent. Toutefois, les pays ont besoin d’améliorer la gouvernance et la capacité de négocier des contrats ainsi que de vérifier la chaîne de valeur des ressources minérales. Il faut un environnement réglementaire plus sophistiquée, plus de clarté politique, et de cohérence et de transparence dans le cadre politique globale.

Les parties prenantes sont également d’accord sur la nécessité de maîtriser la Vision africaine du régime minier. «C’est la seule façon de pouvoir appréhender et traiter des questions spécifiques à chaque pays, comme l’intégration et l’instauration d’un lien entrel’exploitation minière et le reste de l’économie», soulignent les experts. À cet égard, introduire une vision minière nationale dans quelques pays fournira des enseignements de poids au reste du continent pourcommencer à élaborer des politiques conformes au MAV.

 

Les participants ont discuté de l’outil de gestion des ressources minéralesélaboré par le Forum économique mondial, qui pourrait être utilisé dans le processus d’élaboration de visions minières nationales, la compréhension et l’alignement des points de vue souvent divergents de toutes les parties prenantes sur la valeur du secteur des ressources minérales n’en serait que faciliter. L’outil pourrait aider à aligner les perceptions de la valeur qu’ont les communautés, le secteur privé et les gouvernements.

En outre, il est possible de traiter les lacunes de capacités au niveau des pays et au sein des gouvernements, selon les experts. « Au lieu d’avoir des accords projet par projetdans un pays, un modèle généralisé qui spécifie tous les paramètres clés pourrait être élaboré et ensuite personnalisé», soulignent-ils.

«Les accords de développement miniers peuvent devenir une loi en soi car les gouvernements manquent souvent de moyens de surveiller la mise en œuvre de ces accords complexes”, argumentent les experts, qui soulignent qu’un cadre juridique et réglementaire solide ou une politique minière type ou encore un accord seraient suffisants. L’appel lancé ici cette semaine aux gouvernements est «Légiférez, ne négociez pas ».

 

SOURCE

Economic Commission for Africa (UNECA)

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Under One Per Cent of Clean Energy Technology Patents Filed in Africa, Highlighting Huge Potential for Exploiting Renewable Sources

Posted on 10 May 2013 by Africa Business

NAIROBI, Kenya, May 10, 2013/African Press Organization (APO)/ Report Launch: 10am, Monday May 13

Venue: Intercontinental Hotel

Speakers:

Nicholaus Thumm , Chief Economist, European Patent Office

Robert Ondhowe, Legal Oficer, United Nations Environment Programme

Less than one per cent of all patent applications relating to Clean Energy Technology (CET) have been filed in Africa, highlighting an opportunity for the continent to leapfrog existing fossil-fuel energy sources and thus cut Greenhouse Gas Emissions and bring major health benefits.

A new study by the UN Environment Programme (UNEP) and the European Patent Office (EPO)—Patents and Clean Energy Technologies in Africa—to be launched on Monday finds that Africa has a huge untapped potential for generating clean energy, but that the slow pace of technology transfer is preventing this from being fully exploited.

The report, which will be launched during a high-level workshop, looks at the patent landscape in Africa, and issues recommendations on how to use the patent system to speed up the transfer of important technologies.

Other experts will be available to discuss the issue, including:

Clarice Wilson, Business Development Manager, Biossal Kenya

Kimani Njoroge, Director, Solimpex Africa

Maarten van Heepen, Phillips International

Said Ramadhan, African Regional Intellectual Property Office (ARIPO)

Dr Henry Mutai, Managing Director, Kenya Industrial Property Institute

Prof. Muya, Chairman, National Social and Economic Council

 

SOURCE

United Nations Environment Programme (UNEP)

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Hope for financing Africa’s Development through private equity

Posted on 09 May 2013 by Africa Business

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.

However, the bane of negative perceptions, which portray Africa as “a risky continent in which to do business”, must be tackled. According to Mr. Carlos Lopes, Executive Secretary of the ECA, these perceptions hinder the growth of the sector.

“No one mentions the Saba insurgency in Malaysia or the Mindanao problem in the Philippines, which affect the investment climate for these countries; investors must understand that the Continent is not any riskier than other regions. There are far more people affected by conflict and insecurity in Asia than in Africa,” he stresses.

Issues that concern many industry players here at the World Economic Forum on Africa include working with the high cost of raising capital in Africa; the mix of regulatory systems; and low levels of skills in the area of private equity.

There are positive indications, however. The investors and policy makers here underscore that harmonizing regulatory systems and deepening regional integration as a means to develop capital markets across boundaries, could bring about long-term investments that could bolster the Continent’s development aspirations.

This view is backed by some good news sprouting across the landscape. After a decade of macro-economic reform, the financial sector in a country like Rwanda for instance, has grown at 20 per cent, which is more than double the average of 8 per cent growth rate in the overall economy over the last decade. Thus, African countries have the basis for developing capital markets that can finance the Continent’s development.

But entrenched views on doing development are being unhinged; and according to ECA officials, Vision 2063, currently under preparation in partnership with the African Union and the African Development Bank, will help to change mindsets.

“In this visionary document, we contend that the discourse on financing Africa’s development must shift; it must move out of the aid syndrome,” says Lopes. Furthermore, the ECA forthcoming study on domestic resource mobilization for Africa aims to demonstrate that the Continent can harness enough resources to finance development by tapping into reserves held by African Central Banks and in remittances.

A number of proposals are being mooted for further analysis, such as establishing minimum standards that governments could sign on to for attracting more private capital, particularly in areas where governments may not be able to invest.

With opportunities presented in many developments, such as Africa’s rapid urbanization and a growing middle-class, investors agree that entrepreneurship and growth is encouraging; the need for infrastructure is enormous and there is a need for pooled funds that could also help attract additional capital. In addition, these opportunities mean that the growth of Africa’s private equity ought to be based on a model that benefits local people.

More studies, however, are needed on private equity scalability and getting African markets to work together as a means of building liquidity. Industry players and policy makers here think that the regional integration experience can offer useful lessons in this regard. For instance, the expansion of the banking sector across the continent shows that it is possible to overcome national sovereignty concerns.

Given that Africa is in the early stages of developing its financial sector, there may be a need to create frameworks and institutions that will allow for leveraging existing capital. In addition, policymakers warn that leveraged buyouts are not in the interest of developing countries due to tax erosion. Countries may also need to balance short-term returns with long-term sustainability and promote related financing options, such as venture capital.

The message from policy makers and development finance experts is that while private equity investors have seen tremendous returns in Africa, thus fueling the idea of Africa as the new El Dorado, new investment may need to contend with Africa’s emerging priorities and tap into sectors that can use and develop local skills as well as benefit the Continent.

ECA intends to sponsor the establishment of a high-level task force that will analyze these issues in depth and present a proposal, as well as recommendations, for follow-up at the next World Economic Forum on Africa.

 

SOURCE

Economic Commission for Africa (UNECA)

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