Tag Archives: infrastructure

Developing World’s Share of Global Investment to Triple by 2030, Says New World Bank Report

Seventeen years from now, half the global stock of capital, totaling $158 trillion (in 2010 dollars), will reside in the developing world, compared to less than one-third today, with countries in East Asia and Latin America accounting for the largest shares of this stock, says the latest edition of the World Bank’s Global Development Horizons (GDH) report, which explores patterns of investment, saving and capital flows as they are likely to evolve over the next two decades.

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Developing countries to dominate global saving and investment, but the poor will not necessarily share the benefits, says report

STORY HIGHLIGHTS
  • Developing world’s share of global investment to triple by 2030
  • China, India will be developing world’s largest investors
  • Boost to education needed so poor can improve their well-being

In less than a generation, global saving and investment will be dominated by the developing world, says the just-released Global Development Horizons (GDH) report.

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Unreliable Power Supply Creates Huge Demand for Non-renewable Inverters, Finds Frost & Sullivan

Cost competitiveness vital to expand in developing markets

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Ozwald Boateng Steps in as Guest Editor for a Leading Issue of New African

Made In Africa Foundation

The Made In Africa Foundation is a charitable organisation, established to support strategic infrastructure projects and create sustainable solutions to some of Africa’s most pressing problems. It works to support technical feasibility studies, to kick start key infrastructure developments and to engage the African diaspora in innovative fund-raising activities. The Foundation was founded in 2011 by international designer Ozwald Boateng OBE, and Nigerian businessman Kola Aluko, and is supported by Atlantic Energy.

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

 

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.

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Twelve African Energy, Mining and Industry Ministers confirm attendance at the Africa Energy Forum 2013 in Barcelona

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 around 2% pa of their GDP.

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African Development Fund: Governors support a successful ADF replenishment

ABIDJAN, Côte d’Ivoire, May 15, 2013/African Press Organization (APO)/ We, the African Development Fund’s Governors, Planning and Finance Ministers from Côte d’Ivoire, Ghana, Guinea, Liberia, Senegal and Sierra Leone attended the ADF-13 Presentation Workshop on the Fund’s Priorities and Operational Strategies, in Abidjan, May 14, 2013.

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IMF Concludes Article IV Mission to Cameroon

YAOUNDE, Cameroon, May 15, 2013/African Press Organization (APO)/ An International Monetary Fund (IMF) mission, led by Mr. Mario de Zamaróczy, visited Cameroon during April 29–May 14, 2013 to conduct the 2013 Article IV Consultation. The mission met with Prime Minister Philémon Yang, Minister Secretary General at the Presidency Ferdinand Ngoh Ngoh, Minister of Finance Alamine Ousmane Mey, Minister of Economy, Planning, and Territorial Development Emmanuel Nganou Djoumessi, several other ministers, the Vice Governor and the National Director of the Bank of Central African States (BEAC), other senior officials, and representatives of the private sector, labor unions, civil society organizations, and development partners. The discussions focused on recent economic and financial developments, the 2013 budget, and the economic outlook for 2013 and beyond. At the end of the mission, Mr. de Zamaróczy issued the following statement:

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IMF Executive Board Concludes 2013 Article IV Consultation with Seychelles

VICTORIA, Mahé, May 15, 2013/African Press Organization (APO)/ On May 8, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Seychelles. 1

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WORLD ENERGY CONGRESS UNVEILS PROGRAM THEMES

Posted in Africa ECO, African News, Green Energy, World News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

SA ECONOMIC GROWTH HIT BY MINING SECTOR

Will the Chinese purchase divested mining interests?

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

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Successful infrastructure project bonds require improved regulatory frameworks, says AfDB study

TUNIS, Tunisia /African Press Organization (APO)/ African countries need to improve their regulatory frameworks in order to ensure the successful launch of African infrastructure project bonds, says a new report launched by the African Development Bank (http://www.afdb.org).

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Denmark to launch new development programme for Zimbabwe

Denmark is planning to launch a new development programme in mid 2013 with substantial increase in budget  support for Zimbabwe, according to State Secretary of the Danish Ministry of Foreign Affairs, Mr L.B.Petersen who recently visited the southern African country.

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Green business awards launched in Zimbabwe

Zimbabwe anticipates to ignite its green economic revolution with the recent launch of the green business awards expected to be presented to outstanding winners in November 2013, according to Sebastian Zuze, Chairman of the awards. The awards recently launched in Harare under the theme:Greening the economy for sustainable national prosperity are an initiative of Xhib-it Events company and are meant to celebrate excellence in green practice,strategy and products, complimenting the Ministry of Environment’s efforts on greening the economy.They seek to recognize the most innovative,ambitious and effective initiatives by Zimbabwean business and individuals for achieving environmental sustainability and implementing smart business practice.

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IMF Mission Concludes the 2013 Article IV Mission to the Republic of Congo

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.

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ZIMFUND launches first phase of Zimbabwe’s water supply and sanitation rehab project

by Wallace Mawire

The Zimbabwe Multi-Donor Trust Fund (ZimFund) urgent Water Supply and Sanitation Rehabilitation Project phase one expected to increase the reliability, quality and availability of water, restore wastewater treatment capacity and reduce the incidence of cholera and other water related diseases has been launched, according to the Zimfund Manager,  Engineer Emmanuel Nzabanita.

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